I

ITC Hotels Limited

ITCHOTELSNSE
Market snapshot · 2026-08-10 20:04 UTC

168.87

₹-1.78 (-1.04%)

MARKET CAP

₹35.18K Cr

STOCK P/E

40.7x

52W HIGH

₹253.67

52W LOW

₹137.30

BOOK VALUE

₹55.97

EPS

₹4.15

ROE

SECTOR

Consumer Discretionary

DEBT/EQUITY

0.63

VOLUME

15.46L

P/B RATIO

3.02x

PEG RATIO

1.15

Sector

Consumer Discretionary

Themes

Hotels, Resorts & Cruise Lines
D
Dividend
E
Earnings
₹245.98₹219.70₹193.42₹167.13₹140.85VolumeEEDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

ITC Hotels is a hospitality company owning, operating, and managing hotels and resorts in India and internationally. Its revenue platforms include ITC Hotels and Mementos luxury properties, Welcomhotel and Fortune Hotels, and WelcomHeritage and Storii brands. Classic Golf & Country Club adds a golf-club offering, while EPIQ Collection broadens its premium hospitality portfolio. Rising demand for shorter, drive-to leisure trips could lift occupancy and room revenue, particularly across domestic resorts and luxury properties. Revenue grew 16.5% year-on-year, while profit increased 28.7%, indicating operating leverage. Improving margins support better earnings conversion, though ROE is unavailable for direct assessment. Debt/equity of 0.63 means leverage remains material and can amplify ROE once disclosed. At 41.1 times earnings, the stock appears rich against its current growth profile, despite 28.7% profit growth. The valuation assumes sustained domestic leisure demand, premium pricing, and successful brand expansion. The key open question is whether drive-to travel can offset cyclicality

Forecast

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

14.00 analysts

Price Forecast

Current
₹168.87
High Target
₹236.00
▲ +39.8%
Median Target
₹210.00
▲ +24.4%
Low Target
₹189.00
▲ +11.9%
Now₹168.87High ₹236.00Median ₹210.00Low ₹189.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
14 analysts

Probabilistic Range

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

Time horizonRange ()Probability
3M₹138.81 - ₹205.0480%
6M₹127.90 - ₹222.0780%
12M₹113.87 - ₹248.4680%
Realized vol: +30.4% · Drift: +4.2%

Revenue Forecast

₹ Cr
Jun '26Current₹808.0
Sep 2026 ETrend estimate range
High₹891.0Base₹825.0Low₹759.0
Sep '25: ₹761.0 · Dec '25: ₹1,052.0 · Mar '26: ₹1,026.0 · Jun '26: ₹808.0 · Sep '26: ₹825.0 · Dec '26: ₹1,140.5
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E761.01,052.01,026.0808.0825.01,140.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹0.85
Sep 2026 ETrend estimate range
High₹0.92Base₹0.82Low₹0.72
Sep '25: ₹0.73 · Dec '25: ₹1.18 · Mar '26: ₹1.35 · Jun '26: ₹0.85 · Sep '26: ₹0.82 · Dec '26: ₹1.32
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E0.731.181.350.850.821.32
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Supportive
79%
Analyst Consensus
Positive

From 14 analysts

Mean upside+26.0%

Fundamentals

Strong

Fundamentals institutional score is 72 using growth durability 72.4.

Valuation

Attractive relative to peers

Valuation institutional score is 91 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 85 using mean target upside 26.0%; dispersion penalty 8.8; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 93 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.

Signal Summary

Market intelligence remains Supportive. fundamentals and valuation provide support, while market sentiment remain considerations.

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

Fundamentals StrongValuation Attractive relative to peersAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price212.7 target
Mean Upside+26.0%
Technical Score93%
Fundamental Score72%
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 11.3% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.73). Confidence: 85%.

Live forward EPS implies next-12-month EPS of ₹5.83. Applying the stock's normalized valuation corridor produces a fair range of ₹231.98 to ₹300.89, with base value near ₹270.40 (+60.1% vs current price).

Forward Valuation Outlook

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

Below normalized range

Forward EPS

₹5.83

Forward P/E

29.0x

Base Fair Value

₹270.40

Fair Range

₹231.98 - ₹300.89

Upside To Base

+60.1%

Estimate Source

Live forward EPS

Growth Estimate

+35.9%

P/E
Strongly Undervalued

5Y Average

45.86

Current

41.12

Overvalued

51.61

Undervalued

39.79

EV/EBITDA
Strongly Undervalued

5Y Average

25.82

Current

22.91

Overvalued

29.20

Undervalued

22.49

P/S
Strongly Undervalued

5Y Average

9.31

Current

8.26

Overvalued

10.53

Undervalued

8.11

Peers & Comparison

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

Hotels, Resorts & Cruise Lines Peers6 peers
Avg P/E: 37.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
EIH LIMITED
EIHOTELHotels, Resorts & Cruise Lines
+21.7%23.1%
30.2x
Undervalued
-19% vs avg
-14.8%
CHALET HOTELS LIMITED
CHALETHotels, Resorts & Cruise Lines
-42.7%22.1%
34.8x
Fair
-7% vs avg
-1.2%
THE INDIAN HOTELS CO. LTD
INDHOTELHotels, Resorts & Cruise Lines
+15.1%20.9%
48.4x
Premium
+29% vs avg
-2.1%
LEELA PALACES HOTEL LTD
THELEELAHotels, Resorts & Cruise Lines
+28.1%27.6%
37.4x
Fair
0% vs avg
+21.1%
VENTIVE HOSPITALITY LTD
VENTIVEHotels, Resorts & Cruise Lines
+7.0%19.1%
36.8x
Fair
-2% vs avg
-18.9%
LEMON TREE HOTELS LTD
LEMONTREEHotels, Resorts & Cruise Lines
+9.2%15.8%
37.5x
Fair
0% vs avg
-21.9%
WHY THESE PEERS

ITC HOTELS LIMITED trades in line with peers (40.7x vs avg 37.5x), reflecting a fair valuation within the Hotels, Resorts & Cruise Lines cohort. Peers include EIH LIMITED, CHALET HOTELS LIMITED, THE INDIAN HOTELS CO. 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

₹808 CrJun 2026

Latest net profit

₹177 CrJun 2026

Latest EPS

₹0.85Jun 2026

Net margin

32.0%Jun 2026

Performance

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

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%10.0%20.0%30.0%40.0%0.00 Cr300 Cr600 Cr900 Cr1.20K 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 Cr300 Cr600 Cr900 Cr1.20K Cr₹0₹0₹1₹1₹1
  • 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 Cr250 Cr500 Cr750 Cr1.00K 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 2024Mar 2025Mar 20260.00 Cr3.50K Cr7.00K Cr10.50K Cr14.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +6507099399817447611,0521,026808
Expenses +440495569587506527638622546
Operating Profit210214370395237234415404263
OPM %32%30%39%40%32%31%39%39%32%
Other Income +3411353945-74951
Interest333333333
Depreciation757675727373747473
Profit before tax135140304355201203330377237
Tax %25%25%25%26%25%25%25%25%25%
Net Profit +102105228264150152247281177
EPS in Rs1.270.720.731.181.350.85
Raw PDF

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

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters39.88%39.87%39.85%39.85%39.85%
FII10.08%10.07%10.21%9.82%8.30%
DII36.91%35.92%35.51%27.43%27.76%
Government0.02%0.02%0.02%0.02%0.02%
Public10.70%11.49%11.80%12.93%13.72%
Others2.41%2.63%2.61%9.95%10.35%
Mar 2026
Promoters
FII
DII
Government
Public
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Address By The Chairman At The 3Rd Annual General Meeting Of The Company

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Directorate

Aug 06, 2026PDFCompany Reports Open

Shareholder Meeting / Postal Ballot-Outcome of AGM

Aug 06, 2026PDFCompany Reports Open

Media Statement And Investor Presentation - Q1 2026-27

Jul 16, 2026PDFCompany Reports Open