C

Chalet Hotels Limited

CHALETNSE
Market snapshot · 2026-08-11 12:45 UTC

821.20

₹-15.90 (-1.90%)

MARKET CAP

₹17.98K Cr

STOCK P/E

34.1x

52W HIGH

₹1,070.10

52W LOW

₹691.35

BOOK VALUE

₹168.98

EPS

₹24.11

ROE

SECTOR

Consumer Discretionary

DEBT/EQUITY

64.04

VOLUME

1.54L

P/B RATIO

4.86x

PEG RATIO

-0.59

Sector

Consumer Discretionary

Themes

Hotels, Resorts & Cruise Lines
D
Dividend
E
Earnings
₹1,028.76₹952.44₹876.13₹799.82₹723.50VolumeEDEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Chalet Hotels is an Indian hospitality company owning, developing, and operating hotels and resorts. Hotels, service apartments, and commercial properties drive its operating revenue, while rental and annuity income adds recurring cash flow. Its residential construction and development business provides an additional property-led earnings stream. Adding two Athiva hotels and entering Hyderabad expands the pipeline, supporting longer-term room growth, though June 2026 consolidated sales fell 42.7% year-on-year to ₹512.27 crore. Revenue grew 61.2% year-on-year and profit increased 352.5%, but declining margins question earnings quality. ROE is unavailable, while debt-to-equity of 64.04 indicates extreme leverage, which can amplify reported returns and interest sensitivity. At 34.8 times earnings, the stock appears rich versus a business facing volatile quarterly revenue and margin pressure. Athiva’s ₹550 crore FY31 revenue target offers an upside pathway, but execution and debt reduction remain open questions.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for CHALET.

21.00 analysts

Price Forecast

Current
₹821.20
High Target
₹1,250
▲ +52.2%
Median Target
₹980.00
▲ +19.3%
Low Target
₹890.00
▲ +8.4%
Now₹821.20High ₹1,250Median ₹980.00Low ₹890.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
21 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹694.18 - ₹1,00980%
6M₹654.66 - ₹1,11080%
12M₹609.24 - ₹1,28680%
Realized vol: +29.2% · Drift: +11.8%

Revenue Forecast

₹ Cr
Jun '26Current₹448.0
Sep 2026 ETrend estimate range
High₹696.5Base₹644.9Low₹593.3
Sep '25: ₹705.0 · Dec '25: ₹516.0 · Mar '26: ₹498.0 · Jun '26: ₹448.0 · Sep '26: ₹644.9 · Dec '26: ₹472.0
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E705.0516.0498.0448.0644.9472.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹3.96
Sep 2026 ETrend estimate range
High₹8.32Base₹7.42Low₹6.53
Sep '25: ₹7.66 · Dec '25: ₹5.78 · Mar '26: ₹7.62 · Jun '26: ₹3.96 · Sep '26: ₹7.42 · Dec '26: ₹5.60
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E7.665.787.623.967.425.60
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
49%
Analyst Consensus
Positive

From 21 analysts

Mean upside+23.6%

Fundamentals

Weakening

Fundamentals institutional score is 0 using growth durability 0.0.

Valuation

Fairly valued

Valuation institutional score is 45 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 79 using mean target upside 23.6%; dispersion penalty 14.2; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 59 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. analyst consensus and market sentiment provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Fairly valuedAnalyst Consensus PositiveTechnical Structure Mixed MomentumMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price1,015.4 target
Mean Upside+23.6%
Technical Score59%
Fundamental Score0%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 0.3% below historical median. Valuation is stable — currently in the undervalued zone (z-score: +0.09). Confidence: 86%.

Live forward EPS implies next-12-month EPS of ₹31.57. Applying the stock's normalized valuation corridor produces a fair range of ₹1,001.72 to ₹1,160.51, with base value near ₹1,078.12 (+31.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹31.57

Forward P/E

26.0x

Base Fair Value

₹1,078.12

Fair Range

₹1,001.72 - ₹1,160.51

Upside To Base

+31.3%

Estimate Source

Live forward EPS

Growth Estimate

-57.7%

P/E
Undervalued

5Y Average

25.99

Current

34.06

Overvalued

36.76

Undervalued

31.73

EV/EBITDA
Strongly Overvalued

5Y Average

14.52

Current

19.03

Overvalued

19.65

Undervalued

8.36

P/S
Strongly Overvalued

5Y Average

5.75

Current

7.53

Overvalued

7.78

Undervalued

3.31

Peers & Comparison

Sector: Consumer Discretionary · Theme: Hotels, Resorts & Cruise Lines

Hotels, Resorts & Cruise Lines Peers5 peers
Avg P/E: 36.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ITC HOTELS LIMITED
ITCHOTELSHotels, Resorts & Cruise Lines
+14.8%20.3%
41.2x
Fair
+12% vs avg
-25.9%
EIH LIMITED
EIHOTELHotels, Resorts & Cruise Lines
+21.7%23.1%
30.0x
Undervalued
-18% vs avg
-14.8%
LEELA PALACES HOTEL LTD
THELEELAHotels, Resorts & Cruise Lines
+28.1%27.6%
37.5x
Fair
+2% vs avg
+19.8%
VENTIVE HOSPITALITY LTD
VENTIVEHotels, Resorts & Cruise Lines
+7.0%19.1%
36.9x
Fair
+1% vs avg
-18.2%
LEMON TREE HOTELS LTD
LEMONTREEHotels, Resorts & Cruise Lines
+9.2%15.8%
38.1x
Fair
+4% vs avg
-23.4%
WHY THESE PEERS

CHALET HOTELS LIMITED trades in line with peers (34.5x vs avg 36.7x), reflecting a fair valuation within the Hotels, Resorts & Cruise Lines cohort. Peers include ITC HOTELS LIMITED, EIH LIMITED, LEELA PALACES HOTEL LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹448 CrJun 2026

Latest net profit

₹87 CrJun 2026

Latest EPS

₹3.96Jun 2026

Net margin

46.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%15.0%30.0%45.0%60.0%0.00 Cr250 Cr500 Cr750 Cr1.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr250 Cr500 Cr750 Cr1.00K Cr₹0₹3₹6₹9₹12
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr2.00K Cr4.00K Cr6.00K Cr8.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +303307371411348361434484851705516498448
Expenses +196184205236214216236251512413276254242
Operating Profit107123166175133144198234339292240244206
OPM %35%40%45%42%38%40%46%48%40%41%46%49%46%
Other Income +5581012111220191614198
Interest45504851262840434340413534
Depreciation31353535353843414345464748
Profit before tax354391998489127170271222168181132
Tax %-148%17%20%17%20%247%20%22%25%25%24%8%34%
Net Profit +8836738267-13010213320516812716787
EPS in Rs4.281.733.563.983.06-5.984.676.119.367.665.787.623.96
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +67.40%67.34%67.33%67.29%67.29%
FIIs +5.29%5.73%5.08%4.71%4.26%
DIIs +23.92%23.40%23.99%24.57%24.99%
Public +3.38%3.53%3.61%3.43%3.45%
Others0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 05, 2026PDFCompany Reports Open

Memorandums Of Understanding For Availing Of Premises On Lease

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 30, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 30, 2026PDFCompany Reports Open