Sector Alpha Week of 2026-09-11
Not SEBI Registered !! Not Investment advice !!
Sector Alpha — machine-written from the numbers · Data as of 2026-09-11

U P Hotels Ltd

UPHOT
Hotels

U P Hotels Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk.

The price is in a downtrend (45 weeks in) while the P/E sits at the 45th percentile of its own 5-year range. Underneath, the last four quarters read deteriorating — profit −17.2% year on year, and 115% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.

Stage
Deteriorating
partial read
Price
₹1,460
−15.6% 1Y
P/E
25.6×
45th pctile
of its own 5-year range
Revenue (Jun 26)
₹29.9 Cr
+3.7% YoY
Profit (Jun 26)
₹2.7 Cr
−17.2% YoY
Operating margin
11.2%
−6.5 pp YoY
ROCE
22%
FY26
Cash conversion
115%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

U P Hotels Ltd trades at ₹1,460, in a downtrend and 45 weeks into that stage. That is −0.8% against its own 200-day average. It sits at 17% of a 52-week range of ₹1,360 to ₹1,947. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).

Today the stock is in a downtrend — week 45 of stage 4, confirmed. At ₹1,460 it trades −0.8% versus its 200-day average and sits at 17% of its 52-week range (₹1,360–₹1,947).

Sep 26: ₹1,460 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−0.8% versus the 200-day line, week 45 of stage 4
Price50-day avg200-day avg
S2S2S4₹2,051₹1,673₹1,295₹918₹540₹1,460₹1,472Sep 23May 24Jan 25Sep 25Sep 26
S2S2S4₹2,051₹1,673₹1,295₹918₹540₹1,460₹1,472Sep 23Jan 25Sep 26
Beating or trailing, week by week since 2022 Each cell is one week from 2022 to now (221 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Mar 22Sep 26

Against the market, two honest reads. Cumulative: over the last 4.5 years the stock moved +291% while the NIFTY 500 moved +58% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-09-04) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

U P Hotels Ltd trades at 25.6× P/E, mid-range by its own standards (45th percentile). Its long-run median P/E is 26.5×, measured across 4.5 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 25.6× is mid-range by its own standards (45th percentile), against a long-run median of 26.5× measured over 4.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 25.6× vs a 26.5× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 4.5-year window; loss-period spikes above 65× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
mid-range by its own standards (45th percentile)
P/EMedianEPS (TTM) (quarterly)
69.2×₹67.554.2×₹50.639.2×₹33.824.2×₹16.99.2×₹0.0×24.90×₹59Mar 22Apr 23Jun 24Aug 25Sep 26
69.2×₹67.554.2×₹50.639.2×₹33.824.2×₹16.99.2×₹0.0×24.90×₹59Mar 22Jun 24Sep 26
P/E
25.6×
45th percentile of 5y

Why the multiple sits where it does: over the past year annual EPS moved +8.4% against a −15.6% price move — earnings outran the price, pushing the multiple DOWN its own range.

The price move, decomposed: over 3y, of the +14.7%/yr price move, ~+9.3%/yr came from earnings growth and ~+5.4 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · What the price assumes

What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.

Solved at its 13 June 2026 price, U P Hotels Ltd was paying for profit growth of about 14.9% a year. Profit itself has compounded 23.1% a year over the past 10 years. Today the market pays 25.6× P/E, the 45th percentile of its own 5-year range.

What the two numbers say together. The multiple is unremarkable against its own past, and the growth the price is paying for is below what this company has actually delivered.

How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.

04 · Stage: Deteriorating

Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

U P Hotels Ltd reads as deteriorating on its fundamental arc. Deteriorating — profit and EPS growth are shrinking (profit growth −6.0% latest against +26.8% at its 12-quarter best), ROCE slipping at 22.0%. The read is built from 8 quarters across 4 curves, on partial evidence.

Growth, year by year: revenue +5.9% in FY26, profit +6.7% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
133%291%79%132%26%−26%−28%−185%−81%−344%%%5.9%6.7%FY16FY21FY26
133%291%79%132%26%−26%−28%−185%−81%−344%%%5.9%6.7%FY16FY21FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue rolling over, profit rolling over
RevenueProfitEPS
15%29%11%20%7.7%10%4.0%0.4%0.4%−9.3%%%1.4%−6%−6.1%Sep 23Dec 24Jun 26
15%29%11%20%7.7%10%4.0%0.4%0.4%−9.3%%%1.4%−6%−6.1%Sep 23Dec 24Jun 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
32%29%27%24%21%%22%FY23FY24FY26
32%29%27%24%21%%22%FY23FY24FY26
Revenue growth
Steady high
latest +1.4% · span +1.4% to +14.0%
Profit growth
Falling
latest −6.0% · span −6.6% to +26.8%
EPS growth
Falling
latest −6.1% · span −6.5% to +26.8%
ROCE
Falling
latest 22.0% · span 22.0%–31.0%

🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+5.9%+7.3%+37.5%+6.4%
Profit+6.7%+11.6%+23.1%
EPS+8.4%+11.3%+23.4%
Share price−15.6%+14.7%
Revenue YoY (Jun 26)
+3.7%
latest quarter vs a year ago
Profit YoY (Jun 26)
−17.2%
latest quarter vs a year ago
Revenue 10y
6.4%
long-run compound pace
05 · 4-Factor Sector Score

4-Factor Sector Score

46.1/100 — rank 15 of 24 in Hotels · 76% evidence confidence

U P Hotels Ltd scores 46.1 out of 100 against the 24 companies it is compared with in Hotels, ranking 15. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 7.1 + 16.5 + 10.9 + 11.6 = 46.1. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

06 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

U P Hotels Ltd reported ₹29.9 Cr of revenue in the Jun 26 quarter, +3.7% year on year. That is the 3rd straight quarter of year-on-year growth. Over 10 years it has compounded at 6.4% a year. The last full year, FY26, came in at ₹162 Cr. The last four reported quarters add to ₹163 Cr.

FY26 revenue came in at ₹162 Cr (+5.9% on the year), capping 10 years at 6.4% compound. The latest quarter (Jun 26) printed ₹29.9 Cr, +3.7% year on year — the 3rd consecutive quarter of year-over-year growth.

FY26 revenue ₹162 Cr (+5.9% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
6.4% a year over 10 years
RevenueYoY growth
175133%13179%8726%44−28%0−81%₹ Cr%₹1625.9%FY16FY21FY26
175133%13179%8726%44−28%0−81%₹ Cr%₹1625.9%FY16FY21FY26
Jun 26: ₹29.9 Cr (+3.7% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
3rd straight quarter of growth
Revenue (quarterly)YoY growth
6140%4624%317.3%15−9.3%0−26%₹ Cr%₹303.7%Sep 23Dec 24Jun 26
6140%4624%317.3%15−9.3%0−26%₹ Cr%₹303.7%Sep 23Dec 24Jun 26

Pace check: the last four quarters averaged +0.7% growth against the decade's 6.4% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +1.4% over the last 4 quarters against +7.5%/yr over the last 8 — rolling over; TTM profit −6.0% vs +9.2%/yr — rolling over.

07 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

U P Hotels Ltd's operating margin is 11.2% in the Jun 26 quarter, −6.5 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −20.0% to 31.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 11.2%, −6.5 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −20.0%–31.0%.

🚨 Why the margin moved: operating margin went −6.5 pp year on year while gross margin went +0.8 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY26: 26.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 13-year window.
within a −20.0–31.0% band over 13 years
operating marginYoY change (pp)
35%42%20%24%5.5%5.5%−9.3%−13%−24%−31%%%26%−2%FY14FY20FY26
35%42%20%24%5.5%5.5%−9.3%−13%−24%−31%%%26%−2%FY14FY20FY26
Jun 26: 11.2% operating margin (−6.5 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
47%21%33%8.5%18%−3.7%2.9%−16%−12%−28%%%11.2%−6.5%Sep 23Dec 24Jun 26
47%21%33%8.5%18%−3.7%2.9%−16%−12%−28%%%11.2%−6.5%Sep 23Dec 24Jun 26
08 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

U P Hotels Ltd earned ₹2.7 Cr of net profit in the Jun 26 quarter, −17.2% year on year. Full-year FY26 profit was ₹32.0 Cr. The 10-year compound rate is 23.1%. That is 9.0% of the quarter's revenue. The same quarter a year earlier earned ₹3.3 Cr. 2 of the last 12 reported quarters were loss-making.

Jun 26 profit was ₹2.7 Cr, −17.2% year on year. On the full year, FY26 printed ₹32.0 Cr (+6.7%), and the 10-year compound rate is 23.1%.

FY26 profit ₹32.0 Cr (+6.7% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
23.1% a year over 10 years
Net profitYoY growth
35271%24118%12−36%0−189%−11−342%₹ Cr%₹326.7%FY16FY21FY26
35271%24118%12−36%0−189%−11−342%₹ Cr%₹326.7%FY16FY21FY26
Jun 26: ₹2.7 Cr (−17.2% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
19101%130.0%8−98%2−197%−4−296%₹ Cr%₹3−17.2%Sep 23Dec 24Jun 26
19101%130.0%8−98%2−197%−4−296%₹ Cr%₹3−17.2%Sep 23Dec 24Jun 26

🚨 Why profit moved: revenue contributed +3.7% and the margin −6.5 pp — the quarter was revenue-led despite a thinner margin.

Pace comparison, last four quarters: profit −67.7% vs revenue +0.7%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

09 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 115% of U P Hotels Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹76.0 Cr of operating cash against ₹32.0 Cr of profit. After ₹13.0 Cr of capital spending, ₹63.0 Cr was left as free cash.

FY26: operating cash of ₹76.0 Cr against reported profit of ₹32.0 Cr, leaving free cash of ₹63.0 Cr after ₹13.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 115% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹76.0 Cr vs profit ₹32.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution.
115% of 3-year profit arrived as cash
Operating cashNet profitFree cash
8358326−19₹ Cr₹76₹32₹63FY16FY21FY26
8358326−19₹ Cr₹76₹32₹63FY16FY21FY26
FY26: CFO = 238% of profit (three-year rate 115%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
325%234%144%53%−38%%238%FY16FY21FY26
325%234%144%53%−38%%238%FY16FY21FY26

Why conversion sits at 115%: the cash cycle stretched 221 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.

Router verdict: the bigger cash user is investment — capital spending ran 1.7× depreciation over three years, so the next section's job is to check what that build-out is buying.

10 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

U P Hotels Ltd's cash conversion cycle runs −44 days in FY26, up from −265 days in FY21. Capital spending ran ₹38.0 Cr over the last 3 years. At FY26 sales of ₹162 Cr each day of that cycle holds about ₹0.4 Cr, so roughly ₹−20.0 Cr sits inside the business at any moment.

FY26: debtors at 12 days, inventory at 43 days — roughly 1.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −44 days, looser than FY21's −265.

The full loop: cash goes out to suppliers and production on day 0; stock waits 43 days to sell; customers pay about 12 days after that; and suppliers themselves are paid at 99 days — netting out to the −44-day cycle.

In money terms: at FY26 sales of ₹162 Cr, each day of the cycle holds about ₹0.4 Cr — so the −44-day loop keeps roughly ₹−20.0 Cr sitting inside the business at any moment.

FY26: a −44-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 13-year window.
+221 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
49729388−117−321days−44d43d12d99dFY14FY17FY20FY23FY26
49729388−117−321days−44d43d12d99dFY14FY20FY26

On the investment side: capital spending of ₹38.0 Cr over the last 3 fiscal years against ₹23.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹5.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹13.0 Cr, work-in-progress ₹5.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
1814950₹ Cr₹13₹5FY16FY18FY21FY23FY26
1814950₹ Cr₹13₹5FY16FY21FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

11 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

U P Hotels Ltd earns a ROCE of 22% in FY26. That is up from a trough of −11% in FY21. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 19.8% net margin on 0.66× asset turns.

FY26 ROCE is 22%, recovered from a FY21 trough of −11% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 19.8% net margin × 0.66× asset turns × 1.16× balance-sheet leverage ≈ 15.2% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.

FY26: ROCE 22% Return on capital employed by fiscal year, % (line). 13-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY21's −11%
ROCEWACC
34%22%10%−2.2%−14%%22%FY14FY17FY20FY23FY26
34%22%10%−2.2%−14%%22%FY14FY20FY26
12 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

U P Hotels Ltd carries ₹0.0 Cr of borrowings against ₹213 Cr of equity in FY26, a debt-to-equity of 0.00. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr. Capital spending ran ₹38.0 Cr across the last 3 of those years.

FY26: borrowings of ₹0.0 Cr against equity of ₹213 Cr — a debt-to-equity of 0.00. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr while capital spending ran ₹38.0 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.

FY26: borrowings ₹0.0 Cr at 0.00× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 13-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
debt is falling while the business grows
BorrowingsDebt-to-equity
1.21.2×0.60.6×0.00.0×−0.6−0.6×−1.2−1.2×₹ Cr×₹00.00×FY14FY17FY20FY23FY26
1.21.2×0.60.6×0.00.0×−0.6−0.6×−1.2−1.2×₹ Cr×₹00.00×FY14FY20FY26
13 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of U P Hotels Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +0.0 points over 8 quarters to 88.4%.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersPublic
95%72%50%28%5.5%%88.4%11.6%Mar 24Mar 25Mar 26
95%72%50%28%5.5%%88.4%11.6%Mar 24Mar 25Mar 26
A quiet register: no holder moved a full point in two years Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersPublic
95%72%50%28%5.5%%88.4%11.6%Jun 23Dec 24Jun 26
95%72%50%28%5.5%%88.4%11.6%Jun 23Dec 24Jun 26
14 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

U P Hotels Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

15 · Related companies · Hotels
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Chalet Hotels LtdCHALET 71.3/100Favorable setup94% evidence BREAKING OUT 25.4/35 Revenue 6% · PAT 85.3% · OPM change 6 pp 100% evidence 15.9/25 ROCE 17% · OPM 46% 100% evidence 16.1/20 P/E 35.9× · PEG 0.83 100% evidence 13.9/20 RS sector 3.6% · RS bench 4.9% · 1Y -14.1%4 of 10 weeks ahead 70% evidence
Exact sum: 25.4 + 15.9 + 16.1 + 13.9 = 71.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Asian Hotels (West) LtdAHLWEST 66.2/100Favorable setup74% evidence ASLEEP 26.6/35 Revenue 8.5% · PAT 100% · OPM change 2 pp 95% evidence 19.9/25 ROCE 19.7% · OPM 40% 95% evidence 11.4/20 P/E 6.5× · PEG — 15% evidence 8.3/20 RS sector -25% · RS bench 35.5% · 1Y —5 of 10 weeks ahead 70% evidence
Exact sum: 26.6 + 19.9 + 11.4 + 8.3 = 66.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Oriental Hotels LtdORIENTHOT 62.7/100Mixed-positive evidence93% evidence LEADER 17.4/35 Revenue 6.9% · PAT 41.1% · OPM change -2.8 pp 100% evidence 11.4/25 ROCE 12.1% · OPM 21% 100% evidence 14.0/20 P/E 37.6× · PEG 0.66 65% evidence 19.9/20 RS sector 24.4% · RS bench 25.2% · 1Y 0.8%12 of 12 weeks ahead 100% evidence
Exact sum: 17.4 + 11.4 + 14 + 19.9 = 62.7 · Decision use: Price leads the evidence: RS versus the benchmark is 25.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
4Indian Hotels Co LtdINDHOTEL 61.3/100Mixed-positive evidence82% evidence BREAKING OUT 20.2/35 Revenue 13.2% · PAT 9.5% · OPM change 1 pp 95% evidence 17.1/25 ROCE 17.1% · OPM 29% 76% evidence 10.1/20 P/E 52.6× · PEG — 50% evidence 13.9/20 RS sector 3.7% · RS bench 4.7% · 1Y -7.3%10 of 12 weeks ahead 100% evidence
Exact sum: 20.2 + 17.1 + 10.1 + 13.9 = 61.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Leela Palaces Hotels & Resorts LtdTHELEELA 59.9/100Mixed-positive evidence93% evidence LEADER 24.6/35 Revenue 19.1% · PAT 100% · OPM change -1 pp 100% evidence 9.3/25 ROCE 8.7% · OPM 36% 100% evidence 7.6/20 P/E 40.4× · PEG 1.65 65% evidence 18.4/20 RS sector 21.4% · RS bench 22.8% · 1Y 32%12 of 12 weeks ahead 100% evidence
Exact sum: 24.6 + 9.3 + 7.6 + 18.4 = 59.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Travel Food Services LtdTRAVELFOOD 58.1/100Mixed-positive evidence69% evidence FADING 16.2/35 Revenue 4.4% · PAT 17.4% · OPM change -3 pp 95% evidence 21.2/25 ROCE 42.4% · OPM 36% 76% evidence 9.5/20 P/E 34.7× · PEG — 15% evidence 11.2/20 RS sector -0.2% · RS bench 0.8% · 1Y -4.2%3 of 12 weeks ahead 70% evidence
Exact sum: 16.2 + 21.2 + 9.5 + 11.2 = 58.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7TajGVK Hotels & Resorts LtdTAJGVK 56.4/100Mixed-positive evidence87% evidence FADING 21.3/35 Revenue 22.5% · PAT 100% · OPM change 0 pp 100% evidence 12.9/25 ROCE 13.3% · OPM 30% 100% evidence 14.3/20 P/E 14.6× · PEG 0.85 65% evidence 7.9/20 RS sector -3.6% · RS bench -6.5% · 1Y -24.2%6 of 11 weeks ahead 70% evidence
Exact sum: 21.3 + 12.9 + 14.3 + 7.9 = 56.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Benares Hotels LtdBENARAS 52.8/100Mixed-positive evidence76% evidence 9.1/35 Revenue 7.7% · PAT -1.1% · OPM change -3.3 pp 95% evidence 21.0/25 ROCE 29.8% · OPM 36.9% 76% evidence 6.8/20 P/E 32.7× · PEG — 50% evidence 15.9/20 RS sector 12.1% · RS bench 14.3% · 1Y 18.8%4 of 12 weeks ahead 70% evidence
Exact sum: 9.1 + 21 + 6.8 + 15.9 = 52.8 · Decision use: Price leads the evidence: RS versus the benchmark is 14.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
9Juniper Hotels LtdJUNIPER 52.4/100Mixed-positive evidence93% evidence TURNING 23.3/35 Revenue 11.4% · PAT 100% · OPM change -1 pp 100% evidence 6.4/25 ROCE 8% · OPM 35% 100% evidence 10.3/20 P/E 26.5× · PEG 1.48 65% evidence 12.4/20 RS sector -1.7% · RS bench -1.2% · 1Y -23.8%2 of 12 weeks ahead 100% evidence
Exact sum: 23.3 + 6.4 + 10.3 + 12.4 = 52.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Lemon Tree Hotels LtdLEMONTREE 51.0/100Mixed-positive evidence69% evidence BASING 18.9/35 Revenue 10.4% · PAT 9.6% · OPM change -1 pp 95% evidence 16.4/25 ROCE 14.1% · OPM 43% 76% evidence 9.9/20 P/E 32.4× · PEG — 15% evidence 5.8/20 RS sector -8.5% · RS bench -18.2% · 1Y -40.2%0 of 10 weeks ahead 70% evidence
Exact sum: 18.9 + 16.4 + 9.9 + 5.8 = 51 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11ITC Hotels LtdITCHOTELS 50.8/100Mixed-positive evidence93% evidence BREAKING OUT 23.4/35 Revenue 16.1% · PAT 26.9% · OPM change 1 pp 100% evidence 10.7/25 ROCE 11.2% · OPM 31% 100% evidence 11.2/20 P/E 34.7× · PEG 1.15 65% evidence 5.5/20 RS sector -13.7% · RS bench -13.3% · 1Y -37%3 of 12 weeks ahead 100% evidence
Exact sum: 23.4 + 10.7 + 11.2 + 5.5 = 50.8 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -13.7% and the one-year return is -37%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
12Kamat Hotels (India) LtdKAMATHOTEL 48.5/100Mixed-negative evidence81% evidence BREAKING OUT 13.4/35 Revenue 7.6% · PAT -11.5% · OPM change 5.3 pp 95% evidence 16.9/25 ROCE 15.8% · OPM 27.2% 95% evidence 10.6/20 P/E 15.8× · PEG — 50% evidence 7.6/20 RS sector -20.6% · RS bench 7.5% · 1Y -29.3%7 of 11 weeks ahead 70% evidence
Exact sum: 13.4 + 16.9 + 10.6 + 7.6 = 48.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Advent Hotels International LtdADVENTHTL 46.3/100Mixed-negative evidence60% evidence TURNING 16.7/35 Revenue 3.5% · PAT -29.3% · OPM change 6.1 pp 95% evidence 8.5/25 ROCE 6.8% · OPM 32.6% 95% evidence 11.1/20 P/E 14.3× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —0 of 10 weeks ahead 0% evidence
Exact sum: 16.7 + 8.5 + 11.1 + 10 = 46.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14EIH LtdEIHOTEL 46.2/100Mixed-negative evidence82% evidence BASING 12.1/35 Revenue 8.3% · PAT 4.2% · OPM change -3 pp 95% evidence 18.3/25 ROCE 20.7% · OPM 25% 76% evidence 13.3/20 P/E 24.7× · PEG — 50% evidence 2.5/20 RS sector -14.2% · RS bench -13.6% · 1Y -30.3%1 of 12 weeks ahead 100% evidence
Exact sum: 12.1 + 18.3 + 13.3 + 2.5 = 46.2 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
15U P Hotels Ltdthis pageUPHOT 46.1/100Mixed-negative evidence76% evidence 7.1/35 Revenue 1.4% · PAT -6% · OPM change -6.5 pp 95% evidence 16.5/25 ROCE 21.7% · OPM 11.2% 76% evidence 10.9/20 P/E 25.6× · PEG — 50% evidence 11.6/20 RS sector 1.2% · RS bench -0.1% · 1Y -14.1%0 of 12 weeks ahead 70% evidence
Exact sum: 7.1 + 16.5 + 10.9 + 11.6 = 46.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16Ventive Hospitality LtdVENTIVE 45.5/100Mixed-negative evidence75% evidence BASING 20.9/35 Revenue 25% · PAT 100% · OPM change -6 pp 95% evidence 12.3/25 ROCE 10.8% · OPM 35% 76% evidence 10.1/20 P/E 27.7× · PEG — 15% evidence 2.2/20 RS sector -14% · RS bench -13.3% · 1Y -20.7%1 of 12 weeks ahead 100% evidence
Exact sum: 20.9 + 12.3 + 10.1 + 2.2 = 45.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Asian Hotels (North) LtdASIANHOTNR 42.9/100Thin evidence · provisional56% evidence TURNING 14.0/35 Revenue 24.7% · PAT -80% · OPM change -3.6 pp 44% evidence 4.5/25 ROCE 3.5% · OPM 17.5% 95% evidence 8.5/20 P/E 120× · PEG — 15% evidence 15.9/20 RS sector 8.5% · RS bench 23.3% · 1Y 15%2 of 10 weeks ahead 70% evidence
Exact sum: 14 + 4.5 + 8.5 + 15.9 = 42.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
18Samhi Hotels LtdSAMHI 42.7/100Mixed-negative evidence83% evidence ASLEEP 19.2/35 Revenue 11.9% · PAT 100% · OPM change -1 pp 100% evidence 6.5/25 ROCE 8.9% · OPM 32% 100% evidence 11.2/20 P/E 8.3× · PEG — 15% evidence 5.8/20 RS sector -8.1% · RS bench -7.5% · 1Y -27.6%7 of 12 weeks ahead 100% evidence
Exact sum: 19.2 + 6.5 + 11.2 + 5.8 = 42.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Sayaji Hotels LtdSAYAJIHOTL 42.2/100Mixed-negative evidence63% evidence BREAKING OUT 12.7/35 Revenue -8.6% · PAT 79.7% · OPM change 3.3 pp 71% evidence 4.3/25 ROCE -0.5% · OPM 13.3% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 15.2/20 RS sector 8.5% · RS bench 11.3% · 1Y 8%8 of 11 weeks ahead 70% evidence
Exact sum: 12.7 + 4.3 + 10 + 15.2 = 42.2 · Decision use: Price leads the evidence: RS versus the benchmark is 11.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
20Viceroy Hotels LtdVHLTD 40.0/100Mixed-negative evidence79% evidence ASLEEP 20.7/35 Revenue 24.4% · PAT -69.2% · OPM change 10.8 pp 71% evidence 8.0/25 ROCE 7.1% · OPM 25.6% 95% evidence 7.8/20 P/E 40.1× · PEG — 50% evidence 3.5/20 RS sector -10.1% · RS bench -4% · 1Y 2.6%0 of 12 weeks ahead 100% evidence
Exact sum: 20.7 + 8 + 7.8 + 3.5 = 40 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21EIH Associated Hotels LtdEIHAHOTELS 38.5/100Mixed-negative evidence87% evidence BASING 7.2/35 Revenue -7.6% · PAT -7% · OPM change -2.2 pp 95% evidence 14.6/25 ROCE 21.2% · OPM 10.8% 95% evidence 13.4/20 P/E 19.5× · PEG — 50% evidence 3.3/20 RS sector -13.4% · RS bench -12.7% · 1Y -29.7%1 of 12 weeks ahead 100% evidence
Exact sum: 7.2 + 14.6 + 13.4 + 3.3 = 38.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
22Royal Orchid Hotels LtdROHLTD 37.7/100Mixed-negative evidence81% evidence BASING 12.5/35 Revenue 26.9% · PAT -42.1% · OPM change -1.2 pp 95% evidence 11.9/25 ROCE 10.8% · OPM 23.7% 95% evidence 7.9/20 P/E 31.5× · PEG — 50% evidence 5.4/20 RS sector -9.8% · RS bench -16.4% · 1Y -43.6%0 of 10 weeks ahead 70% evidence
Exact sum: 12.5 + 11.9 + 7.9 + 5.4 = 37.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23Apeejay Surrendra Park Hotels LtdPARKHOTELS 32.1/100Adverse evidence87% evidence BASING 12.3/35 Revenue 10.5% · PAT -36.4% · OPM change -1 pp 100% evidence 9.2/25 ROCE 9.4% · OPM 28% 100% evidence 4.2/20 P/E 36.7× · PEG 3.5 65% evidence 6.4/20 RS sector -9.8% · RS bench -11.5% · 1Y -28.1%1 of 10 weeks ahead 70% evidence
Exact sum: 12.3 + 9.2 + 4.2 + 6.4 = 32.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
24HLV LtdHLVLTD 41.2/100Thin evidence · provisional38% evidence 17.9/35 Revenue -26.1% · PAT 100% · OPM change — 16% evidence 8.8/25 ROCE 7.8% · OPM -39% 60% evidence 11.5/20 P/E 2.8× · PEG — 15% evidence 3.0/20 RS sector -29.5% · RS bench -24.8% · 1Y -39.4%1 of 2 weeks ahead to 2026-07-19 70% evidence
Exact sum: 17.9 + 8.8 + 11.5 + 3 = 41.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

16 · Frequently asked questions

Frequently asked questions

What is U P Hotels Ltd's share price today?

U P Hotels Ltd trades at ₹1,460, −15.6% over the past year. The company is valued at ₹809 Cr. The stock sits at 17% of its 52-week range of ₹1,360–₹1,947, −0.8% versus its 200-day average. On the tape, the price is in a downtrend, 45 weeks in. — as of 11 September 2026.

What were U P Hotels Ltd's latest quarterly results?

U P Hotels Ltd reported revenue of ₹29.9 Cr and net profit of ₹2.7 Cr for the Jun 26 quarter. Revenue rose 3.7% and profit fell 17.2% year on year. Earnings per share were ₹5.00. The operating margin was 11.2%, 6.5 pp lower than a year earlier. — as of 11 September 2026.

What is U P Hotels Ltd's revenue?

U P Hotels Ltd reported revenue of ₹29.9 Cr in the Jun 26 quarter, +3.7% year on year. For the full FY26 fiscal year, revenue was ₹162 Cr (+5.9%). Over the last 10 years revenue compounded at 6.4% a year. — as of 11 September 2026.

What is U P Hotels Ltd's profit?

U P Hotels Ltd earned ₹2.7 Cr of net profit in the Jun 26 quarter, −17.2% year on year. Full-year FY26 profit was ₹32.0 Cr. The operating margin ran 11.2% in the latest quarter. — as of 11 September 2026.

What is U P Hotels Ltd's market cap?

U P Hotels Ltd's market capitalisation is ₹809 Cr at a share price of ₹1,460. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.

What is U P Hotels Ltd's P/E ratio?

U P Hotels Ltd trades at a P/E of 25.6×, at the 45th percentile of its own 5-year range, against a long-run median of 26.5×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.

Does U P Hotels Ltd pay a dividend?

Not in its latest year — U P Hotels Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 3 of its last 13 reported fiscal years, so there is a history but no current dividend. — as of 11 September 2026.

Is U P Hotels Ltd overvalued?

On its own history, U P Hotels Ltd looks mid-range: its P/E of 25.6× sits at the 45th percentile of its 5-year range (long-run median 26.5×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.

Is U P Hotels Ltd growing?

Not right now — U P Hotels Ltd's latest numbers are shrinking: latest-quarter revenue +3.7% year on year, profit −17.2%, and the margin −6.5 pp at 11.2%. The 10-year compound rates are 6.4% (revenue) and 23.1% (profit). The earnings engine currently reads: deteriorating — as of 11 September 2026.

How is U P Hotels Ltd performing?

U P Hotels Ltd is in a downtrend, 45 weeks in. Its latest quarter's revenue rose 3.7% and profit fell 17.2% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 11 September 2026.

What stage is U P Hotels Ltd in?

Deteriorating — profit and EPS growth are shrinking (profit growth −6.0% latest against +26.8% at its 12-quarter best), ROCE slipping at 22.0%. The read comes from the last 12 quarters of growth (revenue growth +1.4% latest, profit growth −6.0% latest, eps growth −6.1% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.

Is U P Hotels Ltd in an uptrend?

No — the price is in a downtrend (week 45 of stage 4), trading −0.8% versus its 200-day average and at 17% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.

Is U P Hotels Ltd beating the market?

Not lately — on a trailing-13-week view U P Hotels Ltd is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-09-04), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 4.5 years the stock moved +291% against the NIFTY 500's +58% — ahead of the index over the full window. — as of 11 September 2026.

Will U P Hotels Ltd's share price go up?

This page publishes no price forecast for U P Hotels Ltd. What it measures instead: the share price is ₹1,460, the price is in a downtrend 45 weeks in. Its P/E of 25.6× sits at the 45th percentile of its own 5-year range. — as of 11 September 2026.

Who owns U P Hotels Ltd?

Promoters hold 88.4% of U P Hotels Ltd, foreign institutions null%, domestic institutions null% and the public 11.6% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 11 September 2026.

Does U P Hotels Ltd have too much debt?

No — U P Hotels Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill 13×. FY26 borrowings were ₹0.0 Cr against equity of ₹213 Cr. The returns on this page are earned, not borrowed — as of 11 September 2026.

What is U P Hotels Ltd's capex?

U P Hotels Ltd spent ₹38.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹13.0 Cr, with ₹5.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.

What is U P Hotels Ltd's cash flow?

U P Hotels Ltd generated ₹76.0 Cr of operating cash flow in FY26 and ₹63.0 Cr of free cash flow after ₹13.0 Cr of capital spending. Reported profit that year was ₹32.0 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 11 September 2026.

Is U P Hotels Ltd's profit real cash?

Yes — over the last 3 fiscal years, 115% of U P Hotels Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹76.0 Cr against reported profit of ₹32.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 11 September 2026.

Where is U P Hotels Ltd in its business cycle?

U P Hotels Ltd's FY26 operating margin was 26.0%, against a 13-year band of −20.0%–31.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 11.2%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.

What growth does U P Hotels Ltd's price assume?

At its price on 13 June 2026, U P Hotels Ltd was priced for profit growth of about 14.9% a year. Profit itself has compounded 23.1% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.

What could break the U P Hotels Ltd story?

Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.

Is U P Hotels Ltd a stock worth studying right now?

This is not investment advice. The machine read: U P Hotels Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.

Sector Alpha — machine-written from the numbers · Data as of 2026-09-11. Every chart on this page is drawn by deterministic code from the raw series — no forecasts, no price opinions, and nothing here is investment advice.

Not SEBI Registered !! Not Investment advice !!

Chat with this pageChat with pageChatChatGPTClaudePerplexityGoogle AI