Hotels & Resorts sector
27 companies · ₹2.3 L cr · 9 with AI deep dives
5y revenue CAGR
median 33.63%(p25 17.6% · p75 42.68%)
5y avg ROCE
median 7.94%(p25 3.6% · p75 13.05%)
Debt / equity
median 0.23x(p25 0.07x · p75 0.55x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-03-31headwindWest Asia conflict created broad demand disruption in Q4 FY26 and into Q1 FY277 managements
Seven of nine managements cited the West Asia conflict as a material Q4 headwind via three channels: cancellation of inbound FIT and MICE bookings, disruption of Gulf aviation…
- CHALET (Q4FY26): “We lost almost 9,000 room nights from foreign tourist arrivals and some attached…”
tailwind6 managements🔒headwind5 managements🔒tailwind5 managements🔒tailwind6 managements🔒headwind2 managements🔒
5 more themes from this quarter's earnings calls are locked. A free account opens the full brief: every theme with verbatim management quotes, the demand picture, companies running against the tide, and the regulatory & disruption watch. Sign up free →
| Company | Mcap | AI verdict | Signals | Stated KPIs (latest call) |
|---|---|---|---|---|
| Indian Hotels Co Ltd | ₹1.0 L cr | Fairly valued quality compounder; 17 consecutive record quarters, peak-season FTA recovery the gating risk | earnings quality strongnet cash | Consolidated RevPAR (Domestic LFL) ₹8,400/nightConsolidated TRevPAR ₹15,800/nightStandalone Occupancy (Domestic Hotels) 82% |
| ITC Hotels Ltd | ₹33,536 cr | Unlock | earnings quality strongnet cash | |
| EIH Ltd | ₹20,512 cr | Unlock | earnings quality strong | |
| Chalet Hotels Ltd | ₹18,489 cr | Unlock | earnings quality strongdeleveraging | |
| Ventive Hospitality Ltd | ₹14,484 cr | Unlock | capex coming onlineearnings quality strong | |
| Lemon Tree Hotels Ltd | ₹8,735 cr | Unlock | earnings quality strongdeleveraging | |
| India Tourism Development Corporation Ltd | ₹6,194 cr | Unlock | roce compoundernet cash | |
| Valor Estate Ltd | ₹6,178 cr | Unlock | earnings quality strong | |
| Mahindra Holidays & Resorts India Ltd | ₹4,414 cr | Unlock | earnings quality strongdeleveraging | |
| Juniper Hotels Ltd | ₹4,354 cr | Unlock | earnings quality strong | |
| Samhi Hotels Ltd | ₹3,932 cr | Unlock | earnings quality strongdeleveraging | |
| Oriental Hotels Ltd | ₹2,465 cr | Unlock | earnings quality strong | |
| TajGVK Hotels & Resorts Ltd | ₹2,249 cr | Unlock | latent operating leveragecapex coming onlinenet cash | |
| EIH Associated Hotels Ltd | ₹1,884 cr | Unlock | earnings quality strong | |
| Asian Hotels (North) Ltd | ₹1,343 cr | Unlock | capital destroyer | |
| Royal Orchid Hotels Ltd | ₹880 cr | Unlock | earnings quality strongdeleveraging | |
| Kamat Hotels (India) Ltd | ₹494 cr | Unlock | earnings quality strongdeleveraging | |
| Advani Hotels & Resorts (India) Ltd | ₹476 cr | Unlock | latent operating leverageearnings quality strongnet cashconsumer steady payer | |
| HLV Ltd | ₹475 cr | Unlock | earnings quality strongnet cash | |
| Robust Hotels Ltd | ₹290 cr | Unlock | earnings quality strong | |
| Asian Hotels (East) Ltd | ₹243 cr | Unlock | capex coming onlinelevering up | |
| Country Club Hospitality & Holidays Ltd | ₹212 cr | Unlock | net cash | |
| The Byke Hospitality Ltd | ₹170 cr | Unlock | earnings quality strongnet cashcyclical peak base | |
| Kaushalya Infrastructure Development Corpn Ltd | ₹32 cr | Unlock | capital destroyer | |
| TGB Banquets & Hotels Ltd | ₹29 cr | Unlock | net cash | |
| Aruna Hotels Ltd | ₹26 cr | Unlock | ||
| Sri Havisha Hospitality & Infrastructure Ltd | ₹19 cr | Unlock |