Open an Account
search icon
4
NOTIFICATIONS
Best Algo trading app in India

Combo of capital heavy & capital light biz to drive operating leverage, margin expansion: Puneet Chhatwal, Indian Hotels

 Indian Hotels, led by Puneet Chhatwal, showcases robust growth through strategic new contracts, capital-light models, and diversified top line expansion. The company's focus on operating leverage, digital enhancements, and new business segments sets the stage for continued success in the hospitality sector. He says: Indian Hotels' combination of capital heavy and capital light which is today at 40-60 and could grow to 30-70, 70 in favour of capital light,
26-04-2024
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 This has reference to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (the 'Regulations'). In accordance with the said Regulations, please find the details of the scheduled meetings.
25-04-2024
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the Newspaper Publications pertaining to the extract of the Audited Standalone and Consolidated Financial Results of The Indian Hotels Company Limited for the Financial Year ended March 31, 2024. The said extract of the Audited Standalone and Consolidated Financial Results was published in Financial Express (English) all India Edition and Loksatta (Marathi) Mumbai Edition on April 25, 2024.
25-04-2024

Indian Hotels Q4 Results Review - Buoyant Demand Continues To Drive Growth: Motilal Oswal

 New and reimagined business continues to deliver strong growth.
25-04-2024
Bigul

Q4FY24 Quarterly & FY24 Annual Result Announced for Indian Hotels Company Ltd.

 Indian Hotels Company announced Q4FY24 & FY24 results: Financial Highlights: Revenue: IHCL reported an 18% YoY growth in Q4 revenue at Rs 1,951 crore, with an impressive 17% increase in full year revenue, amounting to Rs 6,952 crore. EBITDA: The EBITDA for the company surged by 20% for the full year, reaching a total of Rs 2,340 crore. Profit After Tax (PAT): PAT for Q4 grew by 27% at Rs 418 crore, while the full year saw a 26% rise, totaling Rs 1,259 crore. EBITDA Margin: The EBITDA margin for Q4 improved by 2.0 percentage points; a full year consolidated EBITDA margin stands strong at 33.7%. Full Year Consolidated Turnover: Attained an all-time high of Rs 6,952 crore, a 17% growth rate YoY. Standalone Revenue Growth: A 20% surge resulted, with IHCL’s standalone revenue at Rs 4,590 crore. Standalone PAT: Record Profit After Tax at Rs 1,095 crore was noted for the standalone entity. Portfolio Expansion: Hotel Portfolio: At the end of the fiscal year, IHCL achieved a sizable portfolio of 310 hotels. Brand Signings and Openings: IHCL has signed 53 new hotels and opened 34 in the fiscal year 2023-24. Commenting on the full year performance, Puneet Chhatwal, Managing Director & CEO, IHCL, said, “IHCL achieves its key goals under Ahvaan 2025 well ahead of time with a full year consolidated EBITDA margin of 33.7%, a portfolio of 300+ hotels and a cash position of Rs 2,206 crore. Q4FY24 marked eight consecutive quarters of record financial performance driven by double-digit revenue growth in same store hotels, incremental revenue from not like for like hotels and scaling of new businesses. With 53 signings in FY2024 IHCL achieved a portfolio of 310 hotels, enabled by attaining scale in each of our brands and forming strategic alliances in new market segments. He added, “Looking ahead at FY2025, IHCL will continue to deliver double digit revenue growth with new businesses at 30%, and opening of 25 hotels. IHCL will also introduce the re-imagined Gateway, a full-service hotel offering in the upscale segment, an ideal fit to capture growth opportunities in emerging micro markets in metros and Tier II and Tier III cities. The brand roll-out starting with 15 hotels will commence with launches in Bekal and Nashik this quarter followed by destinations like Bengaluru, Thane and Jaipur. The brand will scale to a 100 hotels portfolio by 2030. “Investing in our competitive advantage of optimising the balance between operating leverage and fee-based business, IHCL has commenced a five-year capital deployment plan from FY2023 to FY2027 totalling Rs 3,500 crore towards key asset upgradation, building capabilities and select new projects. This includes strengthening of our digital capabilities with new brand website launches starting May 2024, implementation of a new ERP system and Data Lake for advanced analytics with AI/ML capabilities.” Giridhar Sanjeevi, Executive Vice President and Chief Financial Officer, IHCL said, “The resilience of our business model over eight consecutive quarters is reflective of robust fundamentals of a diversified topline, a balanced portfolio, prudent capital allocation and a sharp focus on driving operating flow thorough. This sustained performance has led to an all-time high IHCL Consolidated turnover of Rs 6,952 crore, a 17% growth YoY and a 100-basis point expansion in EBITDA margin at 33.7%.” He added, “The buoyancy of domestic demand drove a 20% growth in IHCL’s standalone revenue at Rs 4,590 crore, EBITDA margin of 41.3% an expansion of 200 basis points leading to a record PAT of Rs 1,095 crore. Result PDF
25-04-2024
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

 In furtherance to our letter dated April 18, 2024, intimating the schedule of IHCL Global Conference Call held on April 24, 2024 for presenting the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2024, please find enclosed the audio recording of the discussion pursuant to the Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. The same is also available on the website of the Company at: https://investor.ihcltata.com/files/IHCL_Earnings_call_Recording_Q4_fy24.mp3
25-04-2024

Indian Hotels Company Results Earnings Call for Q4FY24

 Conference Call with Indian Hotels Company Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
24-04-2024
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Investor Presentation

 Further to our letter of the date intimating the Audited Financial Results of the Company for the year ended March 31, 2024, enclosed is a copy of the investors / analyst presentation on the performance of the Company for the said period to be made to the analysts at the IHCL Global Conference Call to be held today.
24-04-2024
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 Further to our letter of date intimating the Financial Results of the Company for the year ended March 31, 2024, enclosed is a copy of the Press Release on the same for your records.
24-04-2024
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Corporate Action-Board approves Dividend

 The Board of Directors of the Company at their meeting held earlier today, approved the Audited Financial Results (Standalone and Consolidated) for the Financial Year ended March 31, 2024, along with Auditor''s Report thereon and recommended a dividend of Rs 1.75/- per Equity share of Rs. 1/- each fully paid up of the Company @ 175 % subject to the approval of the Members at the forthcoming Annual General Meeting of the Company.
24-04-2024
Next Page
Close

Let's Open Free Demat Account