# Viceroy Hotels share price today (Viceroy Hotels Ltd, NSE: VHLTD) > Viceroy Hotels share price today: ₹143.94 at the NSE close on 3 November 2026, up 20.4% in a year. Viceroy Hotels (NSE: VHLTD) is worth ₹1,105 crore, trades at a P/E of 48.5 and has closed between ₹115.56 and ₹156.07 over the past 52 weeks. > Viceroy Hotels Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. VHLTD · Hotels · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/viceroy-hotels-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from fewer quarters than usual - Price: ₹143.94 (+20.4% in a year) - P/E: 48.5× (higher than 59% of the last 2 years) - Revenue (Jun 2026): ₹44.9 Cr (+77.0% on a year ago) - Profit (Jun 2026): ₹1.4 Cr - Operating margin: 25.6% (+10.8 points on a year ago) - ROCE: 7%, FY26 - ROIC: 5.8%, against a 12.0% cost of capital: −6.2 points The main question: the share price moved +20.4% in a year while yearly earnings per share moved −76.5%. The difference came from the market paying a higher multiple. ## What is the Viceroy Hotels share price today? Viceroy Hotels Ltd's share price was ₹143.94 at the close on 3 November 2026. It has been rising for 3 weeks. That is 13.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹116 and ₹156, and at that close it sat 70% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 8 weeks in a row. Over the last 11 years the share price moved +1,111% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Viceroy Hotels this quarter? 8 points on a year earlier. 1. Promoters cut their stake by 10.1 points in one quarter From 84.1% to 74% in the September 2026 quarter. 3. Operating margin up 10.8 points on a year earlier 25.6% in the June 2026 quarter, from 14.8%. Why: Margins rose because Courtyard rooms reopened, more rooms were occupied, and the company kept costs tight and improved back office work. From the earnings call on 4 Aug 2026. ## What are Viceroy Hotels' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Viceroy Hotels reported revenue of ₹44.9 crore, up 77.0% from ₹25.4 crore a year earlier, and a profit of ₹1.45 crore, against a loss of ₹3.02 crore a year earlier. ### Viceroy Hotels results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹44.9 crore | ₹25.4 crore | +77.0% | | Profit | ₹1.45 crore | loss of ₹3.02 crore | n/a | | Earnings per share | ₹0.12 | ₹−0.24 | n/a | | Operating margin | 25.6% | 14.8% | +10.8 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Viceroy Hotels' management discussed these results on a call held on 4 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Viceroy Hotels share price history? Viceroy Hotels closed at ₹143.94 on 3 November 2026, up 20.4% from ₹119.55 a year earlier (31 October 2025) and up 4,209.6% over five years. Its highest weekly close since February 2016 was ₹156.07 on 16 October 2026. ### Viceroy Hotels share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹136.56 | +5.4% | | 1 month ago · 1 Oct 2026 | ₹127.70 | +12.7% | | 6 months ago · 30 Apr 2026 | ₹131.54 | +9.4% | | 1 year ago · 31 Oct 2025 | ₹119.55 | +20.4% | | 3 years ago · 19 Oct 2023 | ₹3.08 | +4,573.4% | | 5 years ago · 4 Nov 2021 | ₹3.34 | +4,209.6% | | 10 years ago · 4 Nov 2016 | ₹18.22 | +690.0% | | Earliest weekly close in our records · 26 Feb 2016 | ₹11.89 | +1,110.6% | | Highest weekly close since February 2016, also the 52-week high · 16 Oct 2026 | ₹156.07 | −7.8% | | Lowest weekly close since February 2016 · 27 Mar 2020 | ₹0.68 | +21,067.6% | | 52-week low (weekly close) · 7 Nov 2025 | ₹115.56 | +24.6% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (534 weekly closes from 26 February 2016 to 3 November 2026.) ## What is the latest news on Viceroy Hotels? 3 Nov 2026: Viceroy Hotels closed at ₹143.94, up 5.4% on the week and up 12.7% on the month. 4 Aug 2026: Viceroy Hotels held its results call for April to June 2026. Management guided: Operating margin above 30% in the near term, progressing toward a long-term 40% benchmark. ### Earlier - Results for April to June 2026: Revenue up 77.0% on a year earlier. ## What dividend does Viceroy Hotels pay? Viceroy Hotels has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. Viceroy Hotels Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Viceroy Hotels management say on the latest results call? On the call for April to June 2026, held on 4 August 2026, Viceroy Hotels' management guided: Operating margin above 30% in the near term, progressing toward a long-term 40% benchmark. > “The 30% EBITDA margin is a target for us this year, as Mr. > P.V. Krishna Reddy, CFO, on the call for April to June 2026 ### What management guided - Rooms expected to remain 50-55% of revenue versus 40-45% from F&B, supporting a room-heavy margin profile. - Marriott renovation and convention-center reopening planned by December, Q3; FY27 operating profit displacement estimated near ₹10 crore. - Courtyard occupancy planned at 80-85% across the next two financial years; ADR to ₹8,500 over the same period, with possible ₹9,000-9,500 by FY28. - Courtyard's completed renovation expected to lift first-year revenue slightly above ₹50 crore versus ₹30 crore pre-renovation, with similar operating profit uplift. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/2545/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 4 August 2026.) ## What to watch in Viceroy Hotels' next results? When Viceroy Hotels reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Marriott renovation reopening - check convention-center completion and return of event-led revenue. - What to check (from the call) - Marriott renovation reopening - check convention-center completion and return of event-led revenue. - Consolidated operating margin recovery - check whether later-quarter seasonality converts occupancy gains into rate and operating leverage. - Madhapur approvals and construction mobilization - check government clearance and project-start progress. - Rights issue process - check exchange approval, disclosed terms, compliance timing and debt-repayment use. ## Which stock lists is Viceroy Hotels on? Viceroy Hotels is on 3 of our India lists: Momentum stocks, Breakout stocks and Hotel stocks. - [Momentum stocks Market cap cr: 1113.9661733615224](https://www.sectoralpha.in/momentum-stocks-india) - [Breakout stocks Breakout date: 30 October 2026](https://www.sectoralpha.in/breakout-stocks-india) - [Hotel stocks Group on the list: Hotel owners and chains](https://www.sectoralpha.in/sectors/hotels) ## Is Viceroy Hotels profitable? Viceroy Hotels Ltd earned ₹1.4 Cr of net profit in the Jun 2026 quarter. Full-year FY26 profit was ₹18.0 Cr. Over 10 years profit has grown 5.0% a year on average. That is 3.2% of the quarter's revenue. The same quarter a year earlier lost ₹3.0 Cr. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹18.0 Cr (−76.9% on the year before). On average over the last four quarters, profit changed −27.4% and revenue +27.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Viceroy Hotels make, and is it growing? Viceroy Hotels Ltd reported ₹44.9 Cr of revenue in the Jun 2026 quarter, +77.0% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 1.4% a year on average. The last full year, FY26, came in at ₹143 Cr. The last four reported quarters add to ₹163 Cr. FY26 revenue was ₹143 Cr, +4.4% on the year before. Recent pace: the last four quarters grew +27.9% on average, against 1.4% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +24.4%, against +7.6% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does Viceroy Hotels keep? Viceroy Hotels Ltd's operating margin was 25.6% in the Jun 2026 quarter, 10.8 percentage points higher than the same quarter a year ago. Across 13 years it has been between −66.0% and 31.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +10.8 percentage points on the year while gross margin changed +4.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Viceroy Hotels' profit turning into cash? Over the last 3 years, 102% of Viceroy Hotels Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹58.0 Cr of operating cash against ₹18.0 Cr of profit. After ₹284 Cr of spending on assets, free cash was −₹226 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 102% of profit came in as cash: the cash cycle got 79 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 5.5× depreciation over three years. The next section checks what that spending is building. ## Where does Viceroy Hotels' cash go? Viceroy Hotels Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 16 days in FY26, down from 95 days in FY21. It spent ₹224 Cr on assets over the last 3 years. Customers take 16 days to pay, and stock sits for 17 days on average. At FY26 sales of ₹143 Cr, each day of that cycle ties up about ₹0.4 Cr, so roughly ₹6.0 Cr is tied up in the business at any time. FY26: customers took 16 days to pay and stock sat for 17 days, about 0.6 months of sales sitting as stock, for a full cycle of 16 days, shorter than FY21's 95. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 17 days. Customers pay about 16 days after that. Suppliers are paid at 190 days. Together that makes the 16-day cycle. Spending on assets: ₹224 Cr over the last 3 years, against ₹41.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹57.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Viceroy Hotels' P/E ratio, and how does it compare with its own history? Viceroy Hotels Ltd's P/E is 48.5×, in the middle of its own history: higher than 59% of past readings. Its usual P/E (the middle reading) is 40.0×, over 2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹1.82. Why the multiple is where it is: over the past year earnings per share moved −76.5% while the price moved +20.4%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Viceroy Hotels business getting better or worse? Viceroy Hotels Ltd's business is turning around. Profit growth has swung from −92.7% at its low to −39.8%, rising from a low 2 quarters ago (from single-quarter figures), with ROCE rising at 8.7%. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Viceroy Hotels earn on its capital? Viceroy Hotels Ltd earned a ROCE of 7% in FY26. That is up from a low of −21% in FY22. Its return on capital used (ROIC) is 6.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 12.6% net margin and 0.26× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 12.6% net margin × 0.26× asset turnover × 2.09× leverage (assets divided by equity) ≈ 6.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 5.8% − 12.0% = −6.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Viceroy Hotels have too much debt? Viceroy Hotels Ltd has total debt of ₹264 Cr against shareholder equity of ₹267 Cr as of Jun 2026, so its debt is 0.99× its equity. Year by year, that ratio went from −1.42 in FY22 to 0.99 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Viceroy Hotels shareholding pattern? Promoters cut their stake in Viceroy Hotels Ltd by 16.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 74.0% of the company. Domestic institutions moved −1.2 points over the same period, to 0.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Why the owners changed: promoters drove it (−16.0 points), together with domestic institutions (−1.2 points). They reduced their stake. ## How far is Viceroy Hotels from balance-sheet trouble? For Viceroy Hotels Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Viceroy Hotels rank in its industry? 54.2 out of 100, rank 7 of 24 in Hotels, with 78% of the evidence available. Viceroy Hotels Ltd scores 54.2 out of 100 against the 24 companies it is compared with in Hotels, ranking 7. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 22.6 + 7 + 8.5 + 16.1 = 54.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Viceroy Hotels compared with? Viceroy Hotels ranks 7 of 24 Hotels companies on the 4-Factor Sector Score, with 54.2 out of 100. 1. [Asian Hotels (West) Ltd](https://www.sectoralpha.in/stocks/asian-hotels-westltd) AHLWEST · turning · Most evidence points up · 64% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 8.5% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 19.2/25 · ROCE 19.7% · Operating margin 40% · 100% evidence Valuation 11.4/20 · P/E 6.7× · PEG n/a · 15% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 34.1% · 1 year n/a · 25% evidence · 0 of 12 weeks ahead Exact sum: 25.3 + 19.2 + 11.4 + 12.2 = 68.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Indian Hotels Co Ltd](https://www.sectoralpha.in/stocks/indian-hotels-co-ltd) INDHOTEL · turning · Most evidence points up · 82% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 15.4% · Profit 28.6% · Operating margin change 0 points · 95% evidence Capital efficiency 17.0/25 · ROCE 17.1% · Operating margin 28% · 76% evidence Valuation 10.2/20 · P/E 57.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 16.2% · Lead over NIFTY 500 22.1% · 1 year 9.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.5 + 17 + 10.2 + 17.2 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [TajGVK Hotels & Resorts Ltd](https://www.sectoralpha.in/stocks/tajgvk-hotels-resorts-ltd) TAJGVK · quiet · Most evidence points up · 74% evidence 65.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.4/35 · Revenue 22.5% · Profit 100% · Operating margin change 0 points · 88% evidence Capital efficiency 13.4/25 · ROCE 13.3% · Operating margin 30% · 100% evidence Valuation 15.3/20 · P/E 13.2× · PEG 0.85 · 65% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.1% · 1 year -28% · 25% evidence · 2 of 12 weeks ahead Exact sum: 28.4 + 13.4 + 15.3 + 8.1 = 65.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Oriental Hotels Ltd](https://www.sectoralpha.in/stocks/oriental-hotels-ltd) ORIENTHOT · leader · Evidence leans up · 93% evidence 64.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 6.8% · Profit 36% · Operating margin change -0.8 points · 100% evidence Capital efficiency 14.1/25 · ROCE 12.1% · Operating margin 23% · 100% evidence Valuation 12.9/20 · P/E 42.1× · PEG 0.88 · 65% evidence Relative strength 20.0/20 · Lead over its industry 37.9% · Lead over NIFTY 500 44.5% · 1 year 30.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 17.9 + 14.1 + 12.9 + 20 = 64.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Leela Palaces Hotels & Resorts Ltd](https://www.sectoralpha.in/stocks/leela-palaces-hotels-resorts-ltd) THELEELA · leader · Evidence leans up · 93% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 23.5% · Profit 80.5% · Operating margin change -1 points · 100% evidence Capital efficiency 10.5/25 · ROCE 8.7% · Operating margin 43% · 100% evidence Valuation 8.7/20 · P/E 45.2× · PEG 1.81 · 65% evidence Relative strength 18.9/20 · Lead over its industry 35.4% · Lead over NIFTY 500 42.1% · 1 year 46.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.7 + 10.5 + 8.7 + 18.9 = 61.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [ITC Hotels Ltd](https://www.sectoralpha.in/stocks/itc-hotels-ltd) ITCHOTELS · turning · Evidence leans up · 93% evidence 55.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 19.9% · Profit 26.7% · Operating margin change 3 points · 100% evidence Capital efficiency 11.4/25 · ROCE 11.2% · Operating margin 32% · 100% evidence Valuation 7.9/20 · P/E 35.2× · PEG 2.02 · 65% evidence Relative strength 12.5/20 · Lead over its industry -2.5% · Lead over NIFTY 500 2.4% · 1 year -22.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 23.9 + 11.4 + 7.9 + 12.5 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. Viceroy Hotels Ltd this page VHLTD · breaking out · Evidence leans up · 78% evidence 54.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 24.4% · Profit -69.2% · Operating margin change 10.8 points · 65% evidence Capital efficiency 7.0/25 · ROCE 7.1% · Operating margin 25.6% · 100% evidence Valuation 8.5/20 · P/E 47.8× · PEG n/a · 50% evidence Relative strength 16.1/20 · Lead over its industry 10.2% · Lead over NIFTY 500 15.7% · 1 year 18.7% · 100% evidence · 6 of 12 weeks ahead Exact sum: 22.6 + 7 + 8.5 + 16.1 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Chalet Hotels Ltd](https://www.sectoralpha.in/stocks/chalet-hotels-ltd) CHALET · breaking out · Evidence leans up · 74% evidence 52.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.2/35 · Revenue 6% · Profit 85.3% · Operating margin change 6 points · 88% evidence Capital efficiency 18.5/25 · ROCE 17% · Operating margin 46% · 100% evidence Valuation 4.9/20 · P/E 33× · PEG 3.09 · 65% evidence Relative strength 10.3/20 · Lead over its industry n/a · Lead over NIFTY 500 2% · 1 year -15.2% · 25% evidence · 8 of 12 weeks ahead Exact sum: 19.2 + 18.5 + 4.9 + 10.3 = 52.9 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 9. [Lemon Tree Hotels Ltd](https://www.sectoralpha.in/stocks/lemon-tree-hotels-ltd) LEMONTREE · turning · Too little evidence to rank firmly · 56% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 10.4% · Profit 9.6% · Operating margin change -1 points · 83% evidence Capital efficiency 16.4/25 · ROCE 14.1% · Operating margin 43% · 76% evidence Valuation 9.4/20 · P/E 33.8× · PEG n/a · 15% evidence Relative strength 8.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -5.8% · 1 year -33.9% · 25% evidence · 2 of 12 weeks ahead Exact sum: 17.9 + 16.4 + 9.4 + 8.4 = 52.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Travel Food Services Ltd](https://www.sectoralpha.in/stocks/travel-food-services-ltd) TRAVELFOOD · quiet · Evidence leans up · 71% evidence 51.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.8/35 · Revenue 4.4% · Profit 17.4% · Operating margin change -3 points · 83% evidence Capital efficiency 21.3/25 · ROCE 42.4% · Operating margin 36% · 76% evidence Valuation 9.8/20 · P/E 31.9× · PEG n/a · 15% evidence Relative strength 4.8/20 · Lead over its industry -7.3% · Lead over NIFTY 500 -2.5% · 1 year -12.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 15.8 + 21.3 + 9.8 + 4.8 = 51.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Juniper Hotels Ltd](https://www.sectoralpha.in/stocks/juniper-hotels-ltd) JUNIPER · breaking out · Evidence leans down · 89% evidence 49.9 out of 100 Growth Capital Valuation Relative 12. [Benares Hotels Ltd](https://www.sectoralpha.in/stocks/benares-hotels-ltd) BENARAS · breaking out · Evidence leans down · 85% evidence 48.0 out of 100 Growth Capital Valuation Relative 13. [EIH Ltd](https://www.sectoralpha.in/stocks/eih-ltd) EIHOTEL · quiet · Evidence leans down · 78% evidence 48.0 out of 100 Growth Capital Valuation Relative 14. [Kamat Hotels (India) Ltd](https://www.sectoralpha.in/stocks/kamat-hotels-indialtd) KAMATHOTEL · breaking out · Evidence leans down · 71% evidence 47.9 out of 100 Growth Capital Valuation Relative 15. [Advent Hotels International Ltd](https://www.sectoralpha.in/stocks/advent-hotels-international-ltd) ADVENTHTL · quiet · Too little evidence to rank firmly · 51% evidence 45.7 out of 100 Growth Capital Valuation Relative 16. [Samhi Hotels Ltd](https://www.sectoralpha.in/stocks/samhi-hotels-ltd) SAMHI · quiet · Evidence leans down · 79% evidence 45.6 out of 100 Growth Capital Valuation Relative 17. [Royal Orchid Hotels Ltd](https://www.sectoralpha.in/stocks/royal-orchid-hotels-ltd) ROHLTD · quiet · Evidence leans down · 81% evidence 45.3 out of 100 Growth Capital Valuation Relative 18. [Ventive Hospitality Ltd](https://www.sectoralpha.in/stocks/ventive-hospitality-ltd) VENTIVE · quiet · Evidence leans down · 71% evidence 44.1 out of 100 Growth Capital Valuation Relative 19. [Sayaji Hotels Ltd](https://www.sectoralpha.in/stocks/sayaji-hotels-ltd) SAYAJIHOTL · leader · Too little evidence to rank firmly · 56% evidence 43.2 out of 100 Growth Capital Valuation Relative 20. [EIH Associated Hotels Ltd](https://www.sectoralpha.in/stocks/eih-associated-hotels-ltd) EIHAHOTELS · basing · Evidence leans down · 96% evidence 40.7 out of 100 Growth Capital Valuation Relative 21. [U P Hotels Ltd](https://www.sectoralpha.in/stocks/u-p-hotels-ltd) UPHOT · breaking out · Evidence leans down · 81% evidence 39.8 out of 100 Growth Capital Valuation Relative 22. [Apeejay Surrendra Park Hotels Ltd](https://www.sectoralpha.in/stocks/apeejay-surrendra-park-hotels-ltd) PARKHOTELS · quiet · Most evidence points down · 81% evidence 34.9 out of 100 Growth Capital Valuation Relative 23. [Asian Hotels (North) Ltd](https://www.sectoralpha.in/stocks/asian-hotels-northltd) ASIANHOTNR · breaking out · Too little evidence to rank firmly · 56% evidence 34.9 out of 100 Growth Capital Valuation Relative 24. [HLV Ltd](https://www.sectoralpha.in/stocks/hlv-ltd) HLVLTD · Too little evidence to rank firmly · 48% evidence 39.7 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Hotels](https://www.sectoralpha.in/sectors/hotels), all 24 compared on one page. ## Which companies are close to Viceroy Hotels in size? Viceroy Hotels is the 17th largest of 24 Hotels companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: EIH Associated Hotels, Asian Hotels (North) and Benares Hotels. Just below it: U P Hotels, Royal Orchid Hotels and Kamat Hotels (India). ### Hotels companies close in size 1. [EIH Associated Hotels Ltd](https://www.sectoralpha.in/stocks/eih-associated-hotels-ltd) ₹1,693 crore 2. [Asian Hotels (North) Ltd](https://www.sectoralpha.in/stocks/asian-hotels-northltd) ₹1,326 crore 3. [Benares Hotels Ltd](https://www.sectoralpha.in/stocks/benares-hotels-ltd) ₹1,326 crore 4. Viceroy Hotels Ltd ₹1,090 crore 5. [U P Hotels Ltd](https://www.sectoralpha.in/stocks/u-p-hotels-ltd) ₹812 crore 6. [Royal Orchid Hotels Ltd](https://www.sectoralpha.in/stocks/royal-orchid-hotels-ltd) ₹738 crore 7. [Kamat Hotels (India) Ltd](https://www.sectoralpha.in/stocks/kamat-hotels-indialtd) ₹647 crore [All 24 Hotels companies, largest first](https://www.sectoralpha.in/sectors/hotels#all-companies) ### Companies close in size in other industries 1. [Elitecon International Ltd](https://www.sectoralpha.in/stocks/elitecon-international-ltd) ₹1,092 crore · Chewing Tobacco/Pan Masala 2. [Shriram Properties Ltd](https://www.sectoralpha.in/stocks/shriram-properties-ltd) ₹1,091 crore · Realty - Construction & Contracting 3. Viceroy Hotels Ltd ₹1,090 crore 4. [GPT Healthcare Ltd](https://www.sectoralpha.in/stocks/gpt-healthcare-ltd) ₹1,089 crore · Hospitals 5. [Raj Rayon Industries Ltd](https://www.sectoralpha.in/stocks/raj-rayon-industries-ltd) ₹1,084 crore · Textiles - Processing/Texturising ## What else do people ask about Viceroy Hotels? ### What is Viceroy Hotels's share price today? Viceroy Hotels Ltd's share price is ₹143.94, +20.4% over the past year. The whole company is worth ₹1,105 Cr on the market. In the last 52 weeks it traded between ₹116 to ₹156; today it is 70% of the way up from the low, 13.8% above its 200-day average (as of 3 November 2026). ### What were Viceroy Hotels's latest quarterly results? Viceroy Hotels Ltd reported revenue of ₹44.9 Cr and net profit of ₹1.4 Cr for the Jun 2026 quarter. Earnings per share were ₹0.12. The operating margin was 25.6%, 10.8 percentage points higher than a year earlier (as of 3 November 2026). ### What is Viceroy Hotels's market cap? Viceroy Hotels Ltd's market capitalisation is ₹1,105 Cr at a share price of ₹143.94. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Viceroy Hotels performing? Viceroy Hotels Ltd's share price has been rising for 3 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 8 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Viceroy Hotels's share price go up? This page does not forecast Viceroy Hotels Ltd's share price. What it shows instead: the share price is ₹143.94, and it has been rising for 3 weeks. Its P/E of 48.5× is higher than 59% of its own last 2 years (as of 3 November 2026). ### Where is Viceroy Hotels in its business cycle? Viceroy Hotels Ltd's FY26 operating margin was 27.0%, against a 13-year range of −66.0% to 31.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 25.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Viceroy Hotels story? The main question: the share price moved +20.4% in a year while yearly earnings per share moved −76.5%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Viceroy Hotels a stock worth studying right now? What the numbers show: Viceroy Hotels Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Viceroy Hotels share price forecast for 2026? What management itself guided: Operating margin above 30% in the near term, progressing toward a long-term 40% benchmark. ## Lists - Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india - Breakout stocks: https://www.sectoralpha.in/breakout-stocks-india - Hotel stocks: https://www.sectoralpha.in/sectors/hotels This is research, not advice. We’re not SEBI-registered.