Indian Hotels checks in with strong growth in Q3, stock up 17% since Jan
Company's metrics are strong but investors should track consistency on demand, room rates and occupancy.08-02-2022
08-02-2022
INDIAN HOTELS CO.LTD. - 500850 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
This information is being submitted pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015. Please find enclosed the intimations dated February 5, 2022 received from our RTA - Link Intime India Pvt. Ltd for loss of share certificate of the Company.07-02-2022
INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Investor Presentation
This has reference to Regulations 29 and 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (the 'Regulations'). In accordance with the said Regulation(s), please note that the officials of the Company will participate in Investor meetings as per the following schedule.07-02-2022
Buy Indian Hotels Company; target of Rs 286: Sharekhan
Sharekhan is bullish on Indian Hotels Company has recommended buy on the stock with a revised price target (PT) of Rs. 286 in its research report dated February 02, 2022.04-02-2022
Earnings Call for Q3FY22 of Indian Hotels Company Ltd.
Conference Call with Indian Hotels Company (IHCL) Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.02-02-2022
Q3FY22 Quarterly Result Announced for Indian Hotels Company Ltd.
Indian Hotels Company declares Q3FY22 result: IHCL reports 85% revenue growth at Rs.1134 crore in Q3 FY 2021-22 Posts profit after Tax of Rs.76 crore in Q3 FY 2021-22 30.4% EBITDA MARGIN in Q3 FY 2021-22 Revenues up by 85% to Rs. 1134 crore in Q3 FY 2021-22 vs Q3 FY 2020-21 EBITDA improves by 805% to Rs. 344 crore in Q3 FY 2021-22 vs Q3 FY 2020-21 resulting in 30.4% EBITDA margin for the quarter Reports PAT of Rs. 76 crore in Q3 FY 2021-22 Signs five new hotels including two SeleQtions hotels in Jaisalmer and Bhubaneswar, and three Ginger hotels in Coimbatore, Dehradun and Goregaon Opened three new hotels across brands including: Taj Lakefront, Bhopal at a landmark location in the heart of the city Strengthened presence in the North East with the launch of Vivanta Sikkim in Pakyong Expanded presence in East India with the launch of Raajkutir, an IHCL SeleQtions hotel, in Kolkata The amã Stays & Trails homestay portfolio grew to 72 bungalows across the country IHCL achieves milestone of 50 years of managing the iconic Taj Lake Palace, Udaipur Qmin, IHCL’s culinary and food delivery platform, expanded its presence with 11 Qmin outlets in Bengaluru and two Qmin gourmet stores in New Delhi Received global awards across categories at the Worldwide Hospitality Awards 2021 Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “The momentum of quarter-on-quarter growth has continued in the third quarter led by the upswing in domestic demand and recovery in international markets. IHCL reported a Profit After Tax of Rs. 76 crore in Q3 for the first time in this fiscal. With an EBITDA Margin of 30.4% in Q3, the company’s performance is closely reflective of pre-COVID levels. We will continue to strengthen our portfolio and growing the new businesses while maintaining our asset light strategy.” Mr. Giridhar Sanjeevi, Executive Vice President and Chief Financial Officer, IHCL, said, “IHCL has maintained a strong performance with a significant increase of 85% in revenue this quarter compared to corresponding quarter in the previous year. We have also deployed the recent equity raised through the rights issue to retire debt as per the objects of the issue, thereby strengthening IHCL’s objective of being a zero-debt company in the long term.” Result PDF01-02-2022
INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Further to our letter of date, intimating the Financial Results of the Company for the quarter / nine months ended December 31, 2021, enclosed is a copy of the investors / analyst presentation on the performance of the Company for the said period.01-02-2022
INDIAN HOTELS CO.LTD. - 500850 - Monitoring Agency Report And Statement On Deviation Or Variation Of Funds Raised Through Rights Issue
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMDl/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation or variation in use of proceeds raised through Rights Issue. The report of the Monitoring Agency along with the Statement of deviation, which was reviewed and taken on record by the Board of Directors & Audit Committee of the Company at their meetings held today is enclosed herewith.01-02-2022
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 quarter / nine months ended December 31, 2021, enclosed is a copy of the Press Release on the same for your records.01-02-2022
INDIAN HOTELS CO.LTD. - 500850 - Monitoring Agency Report And Statement On Deviation Or Variation Of Funds Raised Through Rights Issue
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMDl/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation or variation in use of proceeds raised through Rights Issue. The report of the Monitoring Agency along with the Statement of deviation, which was reviewed and taken on record by the Board of Directors & Audit Committee of the Company at their meetings held today is enclosed herewith.01-02-2022