# INDHOTEL (INDHOTEL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/indhotel

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹737.05
- Change: +1.43%
- As of: 2026-09-18
- 1D return: +0.84%
- 5D return: +2.38%
- 1M return: -0.42%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, INDHOTEL is trading at ₹732.75, with a technical stance indicating a generally bullish trend across multiple timeframes. Daily, weekly, and monthly indicators show the price above key moving averages (EMA 20, EMA 50, SMA 20, SMA 50, SMA 200) and the Supertrend, suggesting underlying strength. The monthly timeframe exhibits a strong trend with an ADX of 52.19, while the daily and weekly timeframes show less pronounced trends but maintain bullish Supertrend direction. Recent market activity over the last 30 days includes 3 positive attention events and 1 downside event, out of a total of 5 market events.

The stock is currently positioned near its upper range, with the current price of ₹732.75 just below the nearest resistance level of ₹733.45, which is approximately 0.1% higher. Key support is identified at ₹723.0, about 1.33% below the current price. The stock's annualized volatility stands at 28%, with a current drawdown of -17% and a maximum drawdown of -35% observed historically. The presence of an active Inside Bar pattern on the monthly chart and an Outside Bar on the weekly chart warrants attention for potential continuation or reversal signals.

- Nearest resistance is ₹733.45 (0.1% above current price).
- Nearest support is ₹723.0 (1.33% below current price).
- Daily, weekly, and monthly timeframes show price above key moving averages and Supertrend.
- Monthly timeframe shows a strong trend (ADX 52.19).
- Watch for a break above ₹733.45 resistance or a fall below ₹723.0 support.

- Inside Bar
- Outside Bar
- Bullish Engulfing Reversal
- Doji

### News Context

The week ending September 18, 2026, saw Tata Group stocks, including IHCL, facing pressure due to developments at Tata Sons. A dispute arose regarding the reappointment of N Chandrasekaran as executive chairman for five years, with Tata Trusts deeming it legally void. This conflict signals potential leadership and strategic direction challenges that could impact the group's initiatives and shareholder value.

Amidst this, Jefferies issued a "buy" recommendation for IHCL shares, citing a potential 23% upside. Separately, the broader market saw the Nifty index regain the 23,300 mark, supported by easing crude oil prices, softer global bond yields, and an upgraded India FY27 GDP growth forecast of 7% by Moody's. However, Tata Group stocks remained under pressure, partly due to profit-taking.

- On September 18, 2026, Tata Group stocks experienced pressure following news of a dispute over the reappointment of N Chandrasekaran as Tata Sons executive chairman, with Tata Trusts reportedly deeming it void.
- Jefferies recommended buying IHCL shares on September 17, 2026, projecting a 23% potential upside.
- The Nifty index surpassed 23,300 on September 18, 2026, influenced by factors including Moody's raising India's FY27 GDP growth forecast to 7%.

- Tata Group stocks under pressure amid Tata Sons listing dispute
- Nifty regains 23,300 mark, midcaps, smallcaps gain
- Tata stocks rise on listing hopes, Chandra's extension
- Tata stock to buy: Jefferies says buy this stock for 23% upside
- Even Nikhil Kamath is a YouTuber! Jefferies calls Zerodha co-founder a ‘renowned YouTube Podcaster’ - Why this matters?

### What Changed

Recent news indicates that Indian Hotels Co. (INDHOTEL) is experiencing pressure on its stock price, influenced by developments within the broader Tata Group. Specifically, a dispute regarding the potential listing of Tata Sons, the group's holding company, has created uncertainty. This situation is compounded by the reappointment of N Chandrasekaran as executive chairman of Tata Sons, which has been challenged by Tata Trusts, raising questions about leadership and strategic direction. Despite these group-level concerns, a recent report from Jefferies has suggested a potential upside for INDHOTEL shares, with the brokerage firm recommending the stock.

On a technical front, the stock closed at ₹732.75 on September 18, 2026, a slight increase from its previous close of ₹726.65 on the same day. The market sentiment has been generally positive, with the Nifty index surpassing the 23,300 mark, supported by easing crude oil prices and an improved GDP growth forecast for India by Moody's.

- Tata Group stocks, including INDHOTEL, faced pressure on September 18, 2026, due to a dispute over the Tata Sons listing and leadership changes.
- A reappointment of the Tata Sons chairman has been challenged by Tata Trusts, creating uncertainty about future strategy and shareholder value.
- Jefferies has issued a 'buy' recommendation for INDHOTEL, citing a potential 23% upside.
- INDHOTEL's stock closed at ₹732.75 on September 18, 2026, up from ₹726.65 on the same day.
- Broader market sentiment was positive on September 18, 2026, with the Nifty regaining the 23,300 mark.

- Tata Group stocks under pressure amid Tata Sons listing dispute
- Nifty regains 23,300 mark, midcaps, smallcaps gain
- Tata stocks rise on listing hopes, Chandra's extension
- Tata stock to buy: Jefferies says buy this stock for 23% upside

### Official Filings

The Indian Hotels Company Limited (IHCL) announced on August 24, 2026, that its Board of Directors approved a Scheme of Arrangement to amalgamate its associate company, Oriental Hotels Limited (OHL), into IHCL. This all-stock transaction is based on a share exchange ratio of 25 IHCL shares for every 117 OHL shares. The merger aims to simplify the group's structure, reduce cross-holdings, and is expected to add OHL's portfolio of seven hotels with 825 rooms to IHCL's operations. The company anticipates EPS accretion from the first year post-merger. The transaction is subject to various regulatory approvals, including from the National Company Law Tribunal, shareholders, and creditors, with an Appointed Date of April 1, 2027, and completion targeted for the second half of FY2028. Separately, on August 12, 2026, IHCL disclosed receiving an additional property tax penalty of ₹5,51,35,972 from the Brihanmumbai Municipal Corporation for its Taj Lands End property. This brings the total outstanding penalties related to these taxes to ₹103,08,31,312. The company stated it is disputing these bills and expects no impact on its operations.

- On August 24, 2026, IHCL's Board approved the amalgamation of its associate, Oriental Hotels Limited (OHL), into IHCL via a share exchange ratio of 25 IHCL shares for every 117 OHL shares.
- The proposed merger, targeted for completion in the second half of FY2028, aims to simplify group structure and add seven hotels (825 rooms) to IHCL's portfolio.
- On August 12, 2026, IHCL reported an additional property tax penalty of ₹5,51,35,972 for its Taj Lands End property, increasing the total penalty to ₹103,08,31,312.
- IHCL is disputing the property tax bills and stated there are no expected impacts on its operations from this matter.
- IHCL has scheduled investor meetings throughout September 2026, including engagements with J.P. Morgan India on September 21, 2026.

- The Indian Hotels Company Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- The Indian Hotels Company Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Indian Hotels Company Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Indian Hotels Company Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- The Indian Hotels Company Limited has informed the Exchange about Scheme of Arrangement between Oriental Hotels Limited and The Indian Hotels Company Limited and their respective shareholders |SUBJECT: Amalgamation/Merger
- The Indian Hotels Company Limited has informed the Exchange regarding a press release dated August 24, 2026, titled IHCL and Oriental Hotels Limited announce Merger". |SUBJECT: Press Release
- The Indian Hotels Company Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation
- The Indian Hotels Company Limited has informed the Exchange regarding Amalgamation/ Merger |SUBJECT: Amalgamation OR Merger-XBRL
- THE INDIAN HOTELS COMPANY LIMITED has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL
- The Indian Hotels Company Limited has informed the Exchange about Action(s) taken or orders passed |SUBJECT: Action(s) taken or orders passed

### Fundamentals

Indian Hotels Co. reported its financial results for Q1 FY2026-27, showing a decrease in revenue from operations to ₹2,339.19 crore compared to ₹2,841.96 crore in Q3 FY2025-26 and ₹2,765.29 crore in Q4 FY2025-26. Profit Before Tax also saw a decline, reaching ₹533.33 crore in Q1 FY2026-27, down from ₹1,203.46 crore in Q3 FY2025-26 and ₹829.87 crore in Q4 FY2025-26. Consequently, Profit Loss For Period decreased to ₹390.81 crore in the latest quarter, from ₹954.24 crore in Q3 FY2025-26 and ₹645.43 crore in Q4 FY2025-26. Finance costs remained relatively stable, reported at ₹56.98 crore in Q1 FY2026-27. Other Expenses were ₹768.49 crore in Q1 FY2026-27, a decrease from ₹847.74 crore in Q3 FY2025-26 but an increase from ₹878.53 crore in Q4 FY2025-26. Tax Expense for Q1 FY2026-27 was ₹142.40 crore.

- Revenue From Operations for Q1 FY2026-27 was ₹2,339.19 crore.
- Profit Before Tax for Q1 FY2026-27 was ₹533.33 crore.
- Profit Loss For Period for Q1 FY2026-27 was ₹390.81 crore.
- Finance Costs in Q1 FY2026-27 were ₹56.98 crore.
- Tax Expense in Q1 FY2026-27 was ₹142.40 crore.

### Bull Case

The company's stock exhibits several technical indicators suggesting a constructive outlook. On a daily timeframe, the Super Trend indicator is 'bullish', with the closing price of ₹732.75 trading above the EMA of 722.91 and SMA of 722.57. This trend is reinforced by a positive Super Trend direction on the weekly and monthly timeframes, indicating sustained upward momentum. The nearest resistance level is observed at ₹733.45, with the current price trading just below this mark.

- Daily Super Trend indicator is 'bullish' as of 2026-09-18.
- The closing price of ₹732.75 on 2026-09-18 is above the 20-day Exponential Moving Average (EMA) of ₹722.91 and the 20-day Simple Moving Average (SMA) of ₹722.57.
- Weekly and monthly Super Trend indicators also show a 'bullish' direction.
- The nearest resistance level is identified at ₹733.45.

- Tata Group stocks under pressure amid Tata Sons listing dispute
- Nifty regains 23,300 mark, midcaps, smallcaps gain
- Tata stocks rise on listing hopes, Chandra's extension
- Tata stock to buy: Jefferies says buy this stock for 23% upside
- Even Nikhil Kamath is a YouTuber! Jefferies calls Zerodha co-founder a ‘renowned YouTube Podcaster’ - Why this matters?

### Bear Case

The company's stock is subject to broader group-level uncertainties. Recent news highlights potential conflicts between Tata Sons' entities regarding the reappointment of its executive chairman. This dispute could impact strategic direction and the unlocking of shareholder value within the group, creating an environment of uncertainty for subsidiary stocks like Indian Hotels Co. Additionally, the stock has experienced a negative return of -0.06 over the past year and -0.01 year-to-date, indicating a recent downward trend. The current drawdown stands at -0.17, with a maximum drawdown of -0.35 observed historically, suggesting potential for significant price declines.

- Tata Group stocks, including Indian Hotels Co., faced pressure due to a dispute over the reappointment of Tata Sons' executive chairman, potentially delaying strategic initiatives and shareholder value realization.
- The stock has a negative one-year return of -0.06 and a year-to-date return of -0.01 as of 2026-09-18.
- The current drawdown is -0.17, with a historical maximum drawdown of -0.35, indicating significant past price volatility.
- Monthly trend analysis shows a high ADX of 52.19, suggesting strong momentum, but a low plus DI (9.63) relative to minus DI (17.19) could signal potential weakening in upward price pressure.

- Tata Group stocks under pressure amid Tata Sons listing dispute
- Nifty regains 23,300 mark, midcaps, smallcaps gain
- Tata stocks rise on listing hopes, Chandra's extension
- Tata stock to buy: Jefferies says buy this stock for 23% upside
- Even Nikhil Kamath is a YouTuber! Jefferies calls Zerodha co-founder a ‘renowned YouTube Podcaster’ - Why this matters?

### FAQs

**What is the status of the proposed amalgamation of Oriental Hotels Limited (OHL) with Indian Hotels Co. (IHCL)?**

On August 24, 2026, the Board of Indian Hotels Company Limited (IHCL) approved a Scheme of Arrangement to amalgamate its associate company, Oriental Hotels Limited (OHL), into IHCL. The proposed share exchange ratio is 25 IHCL equity shares for every 117 OHL equity shares. This transaction is subject to approvals from the National Company Law Tribunal, shareholders, creditors, and other regulatory bodies.

**What recent analyst and investor meetings has Indian Hotels Co. participated in or scheduled?**

Indian Hotels Co. has scheduled or participated in several analyst and investor meetings. These include the J.P. Morgan India Conference on September 21, 2026. Previously, the company had scheduled meetings for September 2026, including the Ashwamedh – Elara India Dialogue 2026 on September 2, the 22nd UBS India Summit on September 10, and the Jefferies 5th India Forum on September 15-16, 2026. These meetings are part of discussions on general business overview and quarterly performance updates.

**How has Indian Hotels Co. performed over different timeframes based on recent returns?**

As of September 18, 2026, Indian Hotels Co. has shown mixed returns. The company's stock experienced a 1-year return of -6%, a year-to-date return of -1%, and a return since the start of -16%. Over shorter periods, it saw a 6-month return of 15%, a 3-month return of 3%, and a 1-month return of 2%. The 10-day and 20-day returns were 0%.

**What is the current technical trend for Indian Hotels Co. based on daily and weekly indicators?**

As of September 18, 2026, the daily trend for Indian Hotels Co. is indicated as 'bullish' by the Supertrend indicator, with a closing price of ₹732.75, which is above the 20-day Exponential Moving Average (EMA) of ₹722.91 and the 50-day EMA of ₹720.55. Similarly, the weekly trend is also 'bullish' according to the Supertrend indicator, with the closing price above the 20-day EMA (₹709.55) and 50-day EMA (₹708.97).

- Tata Group stocks under pressure amid Tata Sons listing dispute
- Nifty regains 23,300 mark, midcaps, smallcaps gain
- Tata stocks rise on listing hopes, Chandra's extension
- Tata stock to buy: Jefferies says buy this stock for 23% upside
- Even Nikhil Kamath is a YouTuber! Jefferies calls Zerodha co-founder a ‘renowned YouTube Podcaster’ - Why this matters?
- The Indian Hotels Company Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- The Indian Hotels Company Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Indian Hotels Company Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Indian Hotels Company Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- The Indian Hotels Company Limited has informed the Exchange about Scheme of Arrangement between Oriental Hotels Limited and The Indian Hotels Company Limited and their respective shareholders |SUBJECT: Amalgamation/Merger
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹723
- Risk regime: Price Risk Requires Attention

### Support levels
- 722.3804687500001
- 706.74658203125
- 676.5562500000001

### Resistance levels
- 737.5
- 761.07109375
- 789.1887451171874

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.84% |
| return_10 | +0.10% |
| return_1m | +1.91% |
| return_1y | -6.30% |
| return_20 | -0.42% |
| return_3m | +3.14% |
| return_5 | +2.38% |
| return_6m | +15.04% |
| return_since_start | -16.12% |
| return_ytd | -0.79% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -35.08% |
| annualized_volatility | +28.49% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue and Profit Expand Year-on-Year Amid Sequential Seasonal Decline

Indian Hotels Co. Ltd. reported financial results for FY2026-27 Q1, ending on 2026-06-30. Revenue reached ₹2,339 crore, up 14.6% from the same period last year. Profit before tax rose 21.3% to ₹533 crore, and net profit increased 18.7% to ₹391 crore. Both figures declined sequentially from the March quarter, aligning with the lower activity levels typically seen at the start of the fiscal year.

## Revenue Performance

Revenue from operations reached ₹2,339.19 crore in the first quarter of FY2026-27, compared to ₹2,041.08 crore in the corresponding quarter of the previous year, marking a 14.6% increase. On a sequential basis, revenue fell 15.4% from ₹2,765.29 crore in the preceding March quarter. This drop follows the same pattern observed in the prior fiscal year, where the first quarter recorded lower sales than the fourth quarter.

## Profitability and Margins

Profit before tax grew to ₹533.33 crore, outpacing the top-line expansion. The profit before tax margin expanded to 22.80% from 21.55% a year earlier. Net profit for the period stood at ₹390.81 crore, up from ₹329.32 crore in the prior-year quarter, lifting the net profit margin to 16.71% from 16.13%. Despite the sequential decline in absolute profit, the year-on-year margin expansion indicates that earnings grew at a faster pace than operating revenue over the twelve-month period.

## Expense and Cost Structure

Other expenses totaled ₹768.49 crore, rising 16.6% year-on-year from ₹659.27 crore, while declining 12.5% sequentially from ₹878.53 crore in the March quarter. Finance costs were ₹56.98 crore, an increase of 4.5% from the prior-year quarter and a slight rise from the previous quarter’s ₹54.93 crore. Tax expense followed pre-tax profit, increasing 18.3% year-on-year to ₹142.40 crore. Employee benefit expenses were reported at ₹669.08 crore for the quarter.

## Comprehensive Income

Comprehensive income for the quarter was ₹628.62 crore, up 40.8% year-on-year and 14.2% sequentially. While net profit declined sequentially from the March quarter, comprehensive income moved in the opposite direction, indicating positive contributions from other comprehensive income items. In the current quarter, comprehensive income exceeded net profit by ₹237.81 crore. This relationship held true for three of the four prior quarters, though comprehensive income fell below net profit in the immediately preceding quarter.

## Key Takeaway

For FY2026-27 Q1, Indian Hotels delivered solid year-on-year growth in revenue and profit, with profitability margins expanding modestly. The sequential pullback in both top and bottom lines reflects standard seasonal fluctuations at the start of the fiscal year. A notable divergence between net profit and comprehensive income highlighted additional gains outside core operations, resulting in a stronger overall earnings picture for the period ending 2026-06-30.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_1114_WebXMLFile_20260918_160642023.xml)
- 2026-09-18 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/bakhtawar_irani_tajhotels_com_18092026160527_Closure_of_trading_window_intimation.pdf)
- 2026-09-16 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1114_WebXMLFile_20260916_175225875.xml)
- 2026-09-16 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_16092026175028_AnalystMeetschedule_September_16.pdf)
- 2026-08-27 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/bakhtawar_irani_tajhotels_com_27082026170128_AnalystMeetschedule_August27.pdf)
- 2026-08-27 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1114_WebXMLFile_20260827_170508787.xml)
- 2026-08-24 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/bakhtawar_irani_tajhotels_com_24082026085942_Reg_30_IHCL_FINAL.pdf)
- 2026-08-24 — Press Release: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/bakhtawar_irani_tajhotels_com_24082026090803_Press_Release_FINAL.pdf)
- 2026-08-24 — Earnings Presentation: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/bakhtawar_irani_tajhotels_com_24082026101156_Investorpresentation.pdf)
- 2026-08-24 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_1114_WebXMLFile_20260824_144205916.xml)
- 2026-08-13 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_1114_WebXMLFile_20260813_095724474.xml)
- 2026-08-12 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/bakhtawar_irani_tajhotels_com_12082026183544_Finesanpenalties.pdf)
- 2026-08-05 — Generic Announcement: The Indian Hotels Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1114_WebXMLFile_20260805_175458277.xml)
- 2026-08-05 — Generic Announcement: The Indian Hotels Company Limited will hold investor meetings on August 10, 2026, with Nirmal Bang Institutional Equities and on August 18, 2026, with Motilal Oswal for their Annual Global Investor Conference. These meetings will be held physically and will include one-on-one and group sessions. The schedule is subject to change due to unforeseen circumstances. — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_05082026175343_AnalystMeetschedule.pdf)
- 2026-07-29 — Generic Announcement: The Indian Hotels Company Limited published a newspaper advertisement on July 29, 2026, in Financial Express and Loksatta regarding a special window for re-lodgement of transfer requests for physical shares. This disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/harshmalik_29072026172301_IHCL_BSE_NSE_SPL_TFR2_Newspaper3.pdf)
- 2026-07-28 — Generic Announcement: On July 27, 2026, SES ESG Research Pvt. Ltd. assigned The Indian Hotels Company Limited an Environmental, Social, and Governance (ESG) rating of 77/100. SES ESG independently prepared this rating based on publicly available data for FY 2025-26, as the company did not engage SES ESG for this assessment. — [Official attachment](https://nsearchives.nseindia.com/corporate/farzana_billimoria_ihcltata_co_28072026145753_ESG_Rating_SES_Response_Letter_IHCL_July_2026_sd.pdf)
- 2026-07-27 — Official Filing: THE INDIAN HOTELS COMPANY LIMITED (NSE Symbol: INDHOTEL) has disclosed transcripts of its Q1 FY27 earnings call, which took place on July 21, 2026. The call concluded at 20:10:00. Prior intimation of the call was disclosed to the exchange on July 15, 2026. The transcripts were uploaded to the company's website on July 24, 2026, at 20:02:00.
- 2026-07-27 — Generic Announcement: The Indian Hotels Company Limited (IHCL) reported its Q1 FY27 earnings, with consolidated revenue up 15% year-on-year to INR 2,419 crores and EBITDA up 18% to INR 753 crores. PAT grew 21% to INR 358 crores. The company highlighted Taj's recognition as India's strongest brand for the fifth consecutive time by Brand Finance, with its brand value increasing by 38% to nearly $900 million. IHCL opened 11 hotels and signed 20 in Q1, expanding its portfolio to 645 hotels. Management fee income grew 26% to INR 168 crores. — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_27072026103245_EarningsCallTranscript.pdf)
- 2026-07-22 — Generic Announcement: The Indian Hotels Company Limited published its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, in the Financial Express and Loksatta newspapers on July 22, 2026. The advertisement included a QR code for accessing the complete financial results. — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_22072026122525_newspaper.pdf)
- 2026-07-21 — Official Filing: THE INDIAN HOTELS COMPANY LIMITED has disclosed an audio recording of an earnings call held on July 21, 2026. The recording was uploaded to the company's website on July 21, 2026, at 20:39:00. The earnings call itself concluded at 20:10:00 on the same date. Prior intimation of this earnings call was provided to the exchange on July 15, 2026.
- 2026-07-21 — Press Release: The Indian Hotels Company Limited (IHCL) reported its Q1 FY2027 financial results on July 21, 2026, with consolidated revenue up 15% to INR 2,419 crores and Profit After Tax (PAT) up 21% to INR 358 crores. The company achieved 20 hotel signings and 11 hotel openings, expanding its portfolio to 645 hotels. Taj was recognized as India's Strongest Brand for the fifth consecutive year. — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_21072026175718_PressRelease.pdf)
- 2026-07-21 — Earnings Presentation: The Indian Hotels Company Limited (IHCL) presented its Un-audited (Reviewed) Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, on July 21, 2026. The presentation highlighted strong momentum across enterprise and consolidated businesses, with consolidated revenue at ₹2,419 Cr, a 15% year-over-year increase, and consolidated PAT at ₹358 Cr. The company also noted plans for significant expansion, with over 60 hotels expected to open in FY27, and a robust development pipeline of 263 hotels and over 32,500 keys. — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_21072026184301_InvestorPresentation.pdf)
- 2026-07-21 — Generic Announcement: The Indian Hotels Company Limited (IHCL) has made the audio recording of its Q1 FY27 earnings call available on its website. This disclosure follows their letter dated July 15, 2026, and complies with SEBI Listing Obligations and Disclosure Requirements. — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_21072026205352_AnalystMeetOutcome.pdf)
- 2026-07-21 — Generic Announcement: The Indian Hotels Company Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, on July 21, 2026. The company also completed the acquisition of a 51% equity stake in Brij Hospitality Private Limited on April 21, 2026, for an aggregate consideration of ₹22,182 lakhs, making Brij a subsidiary. — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_21072026174718_OutcomeofBM.pdf)
- 2026-07-15 — Generic Announcement: The Indian Hotels Company Limited (IHCL) will hold a Global Conference Call for analysts and investors on July 21, 2026, at 7:00 PM IST, following the declaration of financial results for the quarter ended June 30, 2026. Dial-in details for various international locations are provided. — [Official attachment](https://nsearchives.nseindia.com/corporate/rashna_master_tajhotels_com_15072026152726_AnalystMeetIntimation.pdf)

## News and market events

- 2026-09-18 — Mint: **Tata Sons listing: Tata Chemicals vs Tata Steel vs Tata Power — Which Tata Group stocks may benefit most? Experts decode** — Tata Sons Listing: A total of seven Tata Group stocks have shareholding in Tata Sons — [Source](https://www.livemint.com/market/stock-market-news/tata-sons-listing-tata-chemicals-vs-tata-steel-vs-tata-power-which-tata-group-stocks-may-benefit-most-experts-decode-11789722802716.html)
- 2026-09-18 — BUSINESS: **Tata Group stocks under pressure amid Tata Sons listing dispute** — Tata Group stocks declined on Friday after advancing in the previous session, as investors reacted to fresh developments at the group's holding company, Tata Sons. — [Source](https://www.business-standard.com/markets/capital-market-news/tata-group-stocks-under-pressure-amid-tata-sons-listing-dispute-126091800481_1.html)
- 2026-09-18 — BUSINESS: **Nifty regains 23,300 mark, midcaps, smallcaps gain** — The key equity barometers firmed up further in early afternoon trade, supported by easing crude oil prices and softer global bond yields. Market sentiment also received a boost after Moodys raised its India FY27 GDP growth forecast to 7%, citing the resilience of the domestic economy despite ongoing geopolitical tensions in West Asia. The Nifty regained the 23,300 mark. Tata Group stocks remained under pressure amid profit-takin — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-regains-23-300-mark-midcaps-smallcaps-gain-126091800476_1.html)
- 2026-09-18 — Economic Times: **Tata stocks rise on listing hopes, Chandra's extension** — Tata Sons has announced the reappointment of N Chandrasekaran as executive chairman for the next five years, sparking discussions about future strategic moves, including a possible listing. However, Tata Trusts has deemed this reappointment legally void, signaling potential tensions that may hinder group initiatives and delay unlocking shareholder value. The conflicts between these entities are significant as they impact leadership and strategic direction. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/tata-stocks-rise-on-listing-hopes-chandras-extension/articleshow/134323267.cms)
- 2026-09-17 — BUSINESSTODAY: **Tata stock to buy: Jefferies says buy this stock for 23% upside** — IHCL share price today, IHCL share price, IHCL shares, IHCL news — [Source](https://www.businesstoday.in/markets/stocks/story/tata-stock-to-buy-jefferies-says-buy-this-stock-for-23-upside-556221-2026-09-17)
- 2026-09-15 — Mint: **Even Nikhil Kamath is a YouTuber! Jefferies calls Zerodha co-founder a ‘renowned YouTube Podcaster’ - Why this matters?** — The integration of Nikhil Kamath's WTF Podcast into institutional research by Jefferies marks a significant shift, enabling retail investors to access critical insights. This change emphasizes the growing importance of independent media in shaping investment narratives. — [Source](https://www.livemint.com/market/stock-market-news/even-nikhil-kamath-is-a-youtuber-jefferies-calls-zerodha-co-founder-a-renowned-youtube-podcaster-why-this-matters-11789460259445.html)
- 2026-09-15 — MONEYCONTROL: **RBI rejects Tata Sons Surrender Application | Listed Tata Stocks Rally | Centre Point** — Tata Sons, Tata Group, Tata Trusts, N Chandrasekaran, video, Moneycontrol, Sir Ratan Tata Trust, Tata Sons Board meeting — [Source](https://www.moneycontrol.com/news/videos/business/markets/rbi-rejects-tata-sons-surrender-application-listed-tata-stocks-rally-centre-point-14030173.html)
- 2026-09-15 — CNBC-TV18: **Explained | How Tata Sons listing may affect Tata Group shareholders** — RBI rejected Tata Sons' application to surrender its CIC registration, pushing it towards a potential stock-market listing as an Upper Layer NBFC. — [Source](https://www.cnbctv18.com/business/companies/tata-sons-listing-impact-on-tata-group-shareholders-19990709.htm)
- 2026-09-15 — CNBC-TV18: **11:11 |  HDFC Bank CNBC-TV18 Exclusive; Tata Sons, US treasuries, Emmys and more** — Hello and Welcome to CNBC-TV18's Morning Newsletter Today, we take a look at HDFC Bank's exclusive to CNBC-TV18 amid its hunt for its next CEO-MD, Tata Sons moves closer to listing, pushing the group stocks higher, the 78th Emmys, 6 new IPO allotments, US 10-year treasuries and more. — [Source](https://www.cnbctv18.com/business/1111-hdfc-bank-cnbc-tv18-exclusive-tata-sons-us-treasuries-emmys-and-more-19990524.htm)
- 2026-09-15 — MONEYCONTROL: **Tata Chemicals shares hit 20% upper circuit as Tata Sons likely to go for public listing: Here's why** — Tata Chemicals, Tata Sons — [Source](https://www.moneycontrol.com/news/business/markets/tata-chemicals-shares-hit-20-upper-circuit-as-tata-sons-likely-to-go-for-public-listing-here-s-why-14029926.html)
- 2026-09-15 — CNBC-TV18: **These Tata Group stocks should be watched today after the recent Tata Sons listing developments** — Among the listed Tata Group companies, Tata Steel and Tata Motors Passenger Vehicles have a 3.06% stake each in Tata Sons, while Tata Chemicals holds a 2.53% stake. Tata Power has a 1.65% stake, while Indian Hotels, Tata Consumer and Tata Investment own 1.11%, 0.4% and 0.25% respectively. — [Source](https://www.cnbctv18.com/market/tata-sons-listing-exclusive-rbi-application-chemicals-motors-power-indian-hotels-tcpl-investment-steel-share-price-19990494.htm)
- 2026-09-14 — BUSINESSTODAY: **Tata Sons: A look at net worth of the holding company as IPO buzz gains traction** — Tata Sons listing, Tata Sons net worth, Tata Sons  net worth falls, Tata Sons net worth rises, Tata Steel, Tata Motors PV, Tata Chemicals, Tata Sons stake, Tata Sons IPO, Tata Sons valuation, Tata group companies, RBI, Reserve Bank of India, Tata Sons listing news, Tata shares, stock market, Indian stock market — [Source](https://www.businesstoday.in/markets/stocks/story/tata-sons-a-look-at-net-worth-of-the-holding-company-as-ipo-buzz-gains-traction-555395-2026-09-14)
- 2026-09-14 — DECCANCHRONICLE.COM: **Tata Sons Listing: Shapoorji Pallonji, Tata Group Firms in Focus** — Meanwhile, forthcoming Tata Sons Board meeting on September 17 has gained lot of importance as RBI has called for immediate listing of Tata Sons. — [Source](https://www.deccanchronicle.com/business/tata-sons-listing-shapoorji-pallonji-tata-group-firms-in-focus-1987374)
- 2026-09-14 — Economic Times: **Tata Sons listing could unlock value in Tata group stocks after recent selloff** — Tata group stocks may see gains after recent declines. Investors anticipate Tata Sons' upcoming public listing and its impact. Several listed companies hold significant stakes in the group's holding company. These stakes are valued at substantial amounts relative to their market capitalizations. The potential listing is expected to influence the valuation of these group entities. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/tata-sons-listing-could-unlock-value-in-tata-group-stocks-after-recent-selloff/articleshow/134229835.cms)
- 2026-09-06 — Economic Times: **India not shining enough for international tourists, arrivals likely to stay flat this year** — India's foreign tourist arrivals are projected to plateau this year, influenced by rising oil prices from ongoing global conflicts that have increased travel costs for many. Industry professionals urge the need for renewed marketing initiatives abroad, while the Federation of Associations in Indian Tourism and Hospitality forecasts only 8-9 million foreign visitors by 2026, still falling short of pre-Covid levels, indicating a persistent challenge for India's tourism sector. — [Source](https://economictimes.indiatimes.com/industry/services/travel/india-not-shining-enough-for-international-tourists-arrivals-likely-to-stay-flat-this-year/articleshow/133849332.cms)
- 2026-09-06 — BUSINESSTODAY: **IHCL, LemonTree, Chalet among 5 hotel stocks to buy; analysts see up to 49% upside** — IHCL, LemonTree, Chalet, Indian Hotels share price target, Chalet Hotels share price target, Park Hotels share price target, Brigade Hotels Ventures share price target, Lemon Tree Hotels share price target — [Source](https://www.businesstoday.in/markets/stocks/story/ihcl-lemontree-chalet-among-5-hotel-stocks-to-buy-analysts-see-up-to-49-upside-553197-2026-09-06)
- 2026-08-31 — CNBC-TV18: **Consensus Buy: This hotel stock hits 52-week high after Jefferies projects another 22% upside** — In a bull case scenario, Jefferies has a target price of ₹800 apiece for Hotel Leela Palaces, indicating an upside of 44% from its previous close. — [Source](https://www.cnbctv18.com/market/leela-palaces-hotels-and-resorts-share-price-consensus-buy-jefferies-initiate-target-price-upside-19980291.htm)
- 2026-08-24 — CNBC-TV18: **FIIs reverse selling trend, turn net buyers at ₹1,182 crore; DIIs add ₹2,493 crore** — Foreign institutional investors had remained net sellers in the previous two sessions, while domestic institutions extended their buying streak. — [Source](https://www.cnbctv18.com/market/fiis-reverse-selling-trend-turn-net-buyers-at-%25e2%2582%25b91182-crore-diis-add-%25e2%2582%25b92493-crore-19975904.htm)
- 2026-08-24 — BUSINESSTODAY: **Oriental Hotels shares rally 6%, IHCL fall; here's why  | Merger news** — IHCL share price, IHCL news, IHCL merger, Oriental Hotels share price, Oriental Hotels merger — [Source](https://www.businesstoday.in/markets/stocks/story/oriental-hotels-shares-rally-6-ihcl-fall-heres-why-merger-news-550834-2026-08-24)
- 2026-08-16 — Economic Times: **Chandra’s Rs 25 lakh crore Tata legacy: Revenue up 71%, PAT 3.6x and a 19x multibagger** — N Chandrasekaran has significantly boosted Tata's legacy, achieving a remarkable increase in market capitalization totaling Rs 25 lakh crore. Under his leadership, the group's aggregate revenue soared by seventy-one percent, and profit after tax showed impressive growth. Titan and Trent stood out as key wealth creators, while various Tata firms also enjoyed substantial market gains. However, with a leadership transition on the horizon, the group must navigate ongoing business challenges. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/chandras-rs-25-lakh-crore-tata-legacy-revenue-up-71-pat-3-6x-and-a-19x-multibagger/articleshow/133196628.cms)
- 2026-08-14 — DECCANCHRONICLE.COM: **Tata Trusts Plans Panel to Select Tata Sons Chief** — Reports suggest next chairman is likely to be Tata insider — [Source](https://www.deccanchronicle.com/business/tata-trusts-plans-panel-to-select-tata-sons-chief-1979040)
- 2026-08-13 — The Hindu: **Sensex today | Stock Market Live:  Sensex, Nifty trade lower despite positive global cues; crude prices remain a concern** — Sensex, Nifty, Share Prices Live: Indian equities remained subdued despite stronger Asian markets, with firm crude prices and geopolitical risks keeping investors cautious. Domestic inflation, MSCI’s latest reshuffle and expectations around RBI policy are also likely to influence trading sentiment during Thursday’s session. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-13th-august-2026/article71337670.ece)
- 2026-08-12 — The Hindu: **Chandra’s exit announcement wipes off ₹45,000 crore market cap from Tata stocks in a day** — Tata Consultancy Services, the group’s largest listed entity with a market cap of ₹8.50 lakh crore, bore the sharpest absolute brunt, closing down 3.93 per cent at ₹2,349.70 — [Source](https://www.thehindubusinessline.com/companies/chandras-exit-announcement-wipes-off-45000-crore-market-cap-from-tata-stocks-in-a-day/article71337494.ece)
- 2026-08-12 — Mint: **Tata Group’s market value tripled during Chandrasekaran’s tenure | Company Business News** — The combined market cap of listed Tata companies has grown 3.3 times to ₹27 trillion in the roughly 10 years N. Chandrasekaran has been Tata Sons chairman. — [Source](https://www.livemint.com/companies/tata-group-s-market-value-tripled-during-chandrasekaran-s-tenure-11786529753081.html)
- 2026-08-12 — Orissa POST: **Tata Group stocks fall; TCS tumbles nearly 6% - OrissaPOST** — New Delhi: Tata Group stocks fell Wednesday, with TCS dropping nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran said he will not seek reappointment when his current term ends February 20, 2027. Shares of Tata Consultancy Services tanked 5.70 per cent, Tata Motors Passenger Vehicles tumbled 4.11 per cent, Tata Consumer Products fell […] — [Source](https://www.orissapost.com/tata-group-stocks-fall-tcs-tumbles-nearly-6)

## Business profile

**Strategic vision:** Hospitality company operating hotels, resorts, and travel services.

### Business segments
- **Hospitality Operations:** Operates a portfolio of luxury hotels, resorts, jungle safaris, and business hotels under a multi-brand framework.
- **Integrated Services:** Integrates leisure operations with flight catering, wellness and spa centers, and retail food ventures.

### Competitive strengths
- Multi-brand hospitality portfolio
- Integrated food, beverage, and travel services

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- [ITCHOTELS (Tourism & Hospitality)](https://faxioms.com/stocks/itchotels) — +3.07%
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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/indhotel
Markdown representation: https://faxioms.com/stocks/indhotel?render=md
