ITC Hotels Limited

BSE: ITCHOTELS544325ISIN INE379A01028

Consumer Discretionary
Hotels & Resorts
BSE 500

Share price

₹173.40+2.40 (+1.40%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹217.50
52W low: ₹137.40
Off 52W high: -20.28%
1M return: +9.13%
3M return: +2.66%
6M return: +2.54%
1Y return: -19.37%
20D avg volume: 4,27,975
50 DMA: ₹160.44
200 DMA: ₹165.11

Key ratios Consolidated

Market cap: ₹36,123 Cr
Current price: ₹173.40
52W high / low: ₹217.50 / ₹137.40
Face value: ₹1.00
P/E: 38.47
P/B: 3.08
EPS (TTM): ₹4.51
Book value / share: ₹56.35
ROE: —
ROCE: 9.10%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-34.00 Cr
Interest cover: 141.11
Dividend yield: 0.58%
Dividend / share (TTM): ₹1.00
Payout: 22.17%
Cash conversion cycle: 92.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	1,054	936.02	1,254	1,231	839.48	815.54	1,061	—
	51.90	58.52	52.75	49.60	45.41	44.18	38.19	—
	1,106	994.54	1,306	1,280	884.89	859.72	1,099	—
	831.33	750.00	895.35	870.02	699.72	674.97	749.81	—
	134.15	110.73	182.52	162.23	86.49	81.54	94.61	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	206.57	196.26	202.60	203.66	186.61	190.02	181.97	—
	2.19	2.00	2.17	2.19	1.91	1.66	1.68	—
	112.45	104.30	105.78	104.21	104.08	102.44	99.80	—
	375.97	336.71	402.28	397.73	320.63	299.31	371.75	—
	274.71	244.54	411.10	410.26	185.17	184.75	349.00	—
	0.00	0.00	3.83	-84.00	0.00	0.00	0.00	—
	274.71	244.54	414.93	326.26	185.17	184.75	349.00	—
	75.33	66.29	100.93	90.30	55.40	55.09	95.67	—
	202.65	181.91	317.43	236.83	133.29	133.71	257.85	—
	0.97	0.87	1.52	1.13	0.64	0.64	1.23	—
Key metrics
	389.35	350.84	522.88	432.66	291.16	288.85	450.48	—
	36.90%	37.50%	41.70%	35.20%	34.70%	35.40%	42.50%	—
	19.20%	19.40%	25.30%	19.20%	15.90%	16.40%	24.30%	—
	2.20%	—	3.40%	—	1.60%	—	3.10%	—
	25.60%	14.80%	18.20%	—	—	—	—	—
	52.00%	36.00%	23.10%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	4,475	4,139	3,560	—
	212.77	191.94	66.30	—
	4,687	4,331	3,626	—
	3,347	3,140	2,758	—
	589.63	512.78	363.15	—
	0.00	0.00	0.00	—
	809.09	782.89	692.51	—
	8.55	7.93	6.64	—
	426.74	416.51	402.35	—
	1,513	1,420	1,293	—
	1,341	1,191	868.19	—
	-80.17	-80.17	0.00	—
	1,260	1,111	868.19	—
	332.85	301.72	246.42	—
	938.82	821.26	637.64	—
	4.49	3.92	3.05	—
Key metrics
	1,696	1,536	1,277	—
	37.90%	37.10%	35.90%	—
	20.98%	19.80%	17.90%	—
	—	9.10%	7.70%	—
	—	16.30%	—	—
	—	28.80%	—	—
	—	699.59	417.52	—
	—	1.35	1.26	—
	—	0.00	0.00	—
	—	-34.00	-78.71	—
	—	92.1	104.8	—
Balance sheet
	—	13,485	12,476	—
	—	3,259	3,457	—
	—	35.21	78.71	—
	—	230.25	201.77	—
	—	1,240	1,241	—
	—	146.25	123.52	—
	—	7,694	7,792	—
	—	425.53	421.43	—
	—	1,178	1,161	—
	—	1.21	0.00	—
	—	1.21	0.00	—
	—	0.00	0.00	—
	—	11,699	10,728	—
Cash flow
	—	1,110	803.45	—
	—	-1,174	-2,206	—
	—	19.76	1,430	—
	—	410.26	385.93	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q4 FY24
Income statement
	884.68	808.39	1,026	1,052	760.91	743.59	981.49	—	—
	52.36	50.77	47.99	45.24	45.16	38.93	35.37	1.64	—
	937.04	859.16	1,074	1,098	806.07	782.52	1,017	1.64	—
	659.06	621.83	698.76	714.64	602.71	581.77	661.91	0.65	—
	80.33	77.73	85.94	95.15	76.15	71.73	83.25	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	181.58	173.69	178.86	180.04	166.54	168.30	161.23	0.51	—
	2.86	2.85	2.85	2.84	2.83	2.81	2.82	—	—
	72.29	73.30	73.51	74.00	73.37	72.78	72.22	—	—
	322.00	294.26	357.60	362.61	283.82	266.15	342.39	0.14	—
	277.98	237.33	375.55	382.97	203.36	200.75	354.95	0.99	—
	0.00	0.00	1.23	-52.53	0.00	0.00	0.00	—	—
	277.98	237.33	376.78	330.44	203.36	200.75	354.95	0.99	—
	70.56	60.32	95.43	83.89	51.73	51.02	90.90	0.25	—
	207.42	177.01	281.35	246.55	151.63	149.73	264.05	0.74	—
	1.00	0.85	1.35	1.18	0.73	0.72	1.27	0.01	—
Key metrics
	353.13	313.48	453.14	407.28	279.56	276.34	429.99	0.99	—
	39.90%	38.80%	44.20%	38.70%	36.70%	37.20%	43.80%	60.40%	—
	23.40%	21.90%	27.40%	23.40%	19.90%	20.10%	26.90%	45.10%	—
	2.20%	—	3.00%	—	1.70%	—	3.10%	—	—
	16.30%	8.70%	4.60%	64,068.90%	—	—	—	—	—
	36.80%	18.20%	6.60%	33,217.60%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	3,772	3,583	3,279	—
	196.36	177.32	53.72	—
	3,968	3,761	3,333	—
	2,694	2,598	2,399	—
	339.15	328.97	318.76	—
	0.00	0.00	0.00	—
	714.17	693.74	604.20	—
	11.40	11.33	11.32	—
	293.10	293.66	297.30	—
	1,336	1,270	1,167	—
	1,274	1,163	933.93	—
	-51.30	-51.30	0.00	—
	1,223	1,111	933.93	—
	310.20	282.07	235.52	—
	912.33	829.26	698.41	—
	4.38	3.98	3.36	—
Key metrics
	1,527	1,416	1,243	—
	40.49%	39.50%	37.90%	—
	24.19%	23.10%	21.30%	—
	—	9.00%	8.10%	—
	—	9.30%	—	—
	61.15%	18.70%	—	—
	—	722.10	723.30	—
	—	1.28	1.33	—
	—	0.00	0.00	—
	—	-31.13	-22.69	—
	—	-17.1	-17.1	—
Balance sheet
	—	13,392	12,522	—
	—	1,719	1,962	—
	—	31.13	22.69	—
	—	149.11	188.76	—
	—	40.18	37.46	—
	—	86.51	94.33	—
	—	5,531	5,661	—
	—	357.78	379.66	—
	—	895.84	885.32	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	11,892	11,048	—
Cash flow
	—	1,058	929.70	—
	—	-1,064	-2,335	—
	—	15.13	1,425	—
	—	335.52	206.40	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +44.67%
Profit YoY (TTM): +61.15%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 39.85%

Quarter	September 2026	June 2026
Promoter %	39.85%	39.85%

Holder	Type	Holding	Previous	Change
ITC LIMITED	Promoter	39.85%	39.85%	0.00%
LIFE INSURANCE CORPORATION OF INDIA	Public	8.70%	8.70%	0.00%
HCL CAPITAL PRIVATE LTD	Public	7.08%	7.08%	0.00%
TOBACCO MANUFACTURERS (INDIA) LIMITED	Public	6.28%	6.28%	0.00%
Administrator of the Specified Undertaking of the Unit Trust of India	Public	4.68%	—	—
NIPPON LIFE INDIA TRUSTEE LIMITED	Public	2.16%	2.28%	-0.12%
Insurance Companies	Public	1.00%	1.01%	-0.01%
Insurance Funds- Dept of Post India	Public	0.04%	0.04%	0.00%
Sresta Global FZE	Promoter Group	0.00%	0.00%	0.00%
Fyve Elements LLC	Promoter Group	0.00%	0.00%	0.00%
ITC Infotech de México, S.A. de C.V.	Promoter Group	0.00%	0.00%	0.00%
Technico Pty Limited	Promoter Group	0.00%	0.00%	0.00%
Russell Credit Limited	Promoter Group	0.00%	0.00%	0.00%
FOREIGN INSTITUTIONAL INVESTORS	Public	0.00%	0.00%	0.00%
Technico Technologies Inc.	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
THE INDIAN HOTELS COMPANY LTD	1,20,664	847.70	50.91	17.40%	+15.38% TTM	+28.63% TTM	+14.02%
ITC Hotels Limited S	36,123	173.40	39.59	9.00%	+44.67% TTM	+61.15% TTM	-19.37%
Leela Palaces Hotels & Resorts Limited	22,180	664.15	47.91	8.30%	—	—	+50.89%
EIH Ltd	18,720	299.35	25.27	15.30%	+8.34% TTM	+4.32% TTM	-25.02%
Chalet Hotels Limited	17,904	817.55	33.91	16.60%	+6.05% TTM	+85.29% TTM	-14.93%
Ventive Hospitality Limited	12,266	525.20	22.00	9.70%	+14.78% TTM	+93.64% TTM	-28.48%
Lemon Tree Hotels Limited	9,154	115.55	30.76	13.40%	+10.46% TTM	+9.75% TTM	-31.22%
India Tourism Development Corporati	5,346	623.30	65.18	27.00%	-9.37% TTM	+3.60% TTM	+1.50%
Juniper Hotels Limited	4,495	202.00	27.10	7.20%	+11.51% TTM	+141.72% TTM	-25.02%
Mahindra Holidays & Resorts India Limited	3,869	191.45	71.57	3.60%	+7.44% TTM	-59.19% TTM	-42.21%
Samhi Hotels Limited	3,527	158.60	6.87	11.00%	+12.39% TTM	+173.63% TTM	-20.28%
Oriental Hotels Ltd.	2,992	167.50	44.49	12.60%	+6.85% TTM	+36.00% TTM	+39.00%
Apeejay Surrendra Park Hotels Limited	2,189	102.58	42.08	8.10%	-17.91% TTM	-47.42% TTM	-30.78%
Brigade Hotel Ventures Limited	2,095	55.15	24.32	11.00%	—	—	-33.00%
Taj GVK Hotels & Resorts Ltd.	1,973	314.65	4.74	27.10%	+26.10% TTM	+262.99% TTM	-23.41%
EIH Associated Hotels Ltd. S	1,720	282.20	19.57	18.10%	-7.64% TTM	-6.96% TTM	-25.89%
Benares Hotels Ltd S	1,352	10,402.50	30.47	26.20%	+13.68% TTM	+2.59% TTM	+11.22%
Asian Hotels (North) Limited S	1,269	297.55	-13.76	-5.30%	+6.76% TTM	-146.35% TTM	-11.88%
Viceroy Hotels Ltd. S	1,085	141.35	48.74	6.00%	+4.91% TTM	-68.97% TTM	—
Mac Charles (India) Ltd.	856	653.55	-7.28	1.00%	+169.02% TTM	-96.03% TTM	-5.27%
U.P. Hotels Ltd. S	813	1,505.05	25.65	19.90%	+1.45% TTM	-6.02% TTM	-5.93%
Royal Orchid Hotels Ltd	782	285.00	27.02	4.30%	+26.86% TTM	-42.13% TTM	-40.82%
Kamat Hotels (India) ltd.	686	232.80	13.29	13.90%	+11.35% TTM	+31.58% TTM	-20.42%
Advent Hotels International Limited	633	117.30	14.93	7.50%	—	—	—
Asian Hotels (West) Ltd	551	473.15	7.75	31.00%	+8.19% TTM	+135.00% TTM	—

Filings & corporate actions

Recent announcements

Media Statement and Investor Presentation - Q2 2026-27.26 Oct 2026 · Company Update / General
Unaudited Financial Results for the Quarter and Six months ended 30th September, 202626 Oct 2026 · Result / Financial Results
Incorporation of Wholly Owned Subsidiary26 Oct 2026 · Company Update / Acquisition
Unaudited Financial Results for the Quarter and Six months ended 30th September, 202626 Oct 2026 · Board Meeting / Outcome of Board Meeting
ITC Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....19 Oct 2026 · Board Meeting / Board Meeting
Allotment of Shares under ITC Hotels - Special Purpose Employee Stock Option Scheme.15 Oct 2026 · Company Update / Allotment of ESOP / ESPS
Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 20189 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Allotment of Shares under ITC Hotels - Special Purpose Employee Stock Option Scheme.22 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Participation in Investor Meet.21 Sep 2026 · Company Update / Analyst / Investor Meet
Participation in Investor Conferences.14 Sep 2026 · Company Update / Analyst / Investor Meet
Acquisition of Shares of GHK Hospitality & Infrastructures Limited.1 Sep 2026 · Company Update / Acquisition
Participation in Investor Conference.26 Aug 2026 · Company Update / Analyst / Investor Meet
Allotment of Shares under ITC Hotels - Special Purpose Employee Stock Option Scheme.20 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Participation in Investor Conference.13 Aug 2026 · Company Update / Analyst / Investor Meet
Address by the Chairman at the 3rd Annual General Meeting of the Company.6 Aug 2026 · Company Update / General
Appointment of Director - Mr. Ramakrishnan Chander.6 Aug 2026 · Company Update / Change in Directorate
Summary of proceedings and Voting Results of 3rd Annual General Meeting of the Company - 6th August, 2026.6 Aug 2026 · AGM/EGM / AGM
Media Statement and Investor Presentation - Q1 2026-2716 Jul 2026 · Company Update / General
Media Statement -Acquisition of shares of GHK Hospitality & Infrastructures Limited16 Jul 2026 · Company Update / General
Unaudited Financial Results for the Quarter ended 30th June, 202616 Jul 2026 · Result / Financial Results
Acquisition of shares of GHK Hospitality & Infrastructures Limited16 Jul 2026 · Company Update / Acquisition
Unaudited Financial Results for the Quarter ended 30th June, 202616 Jul 2026 · Board Meeting / Outcome of Board Meeting
Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 201814 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Publication of Notice re: completion of despatch of the Notice of the 3rd Annual General Meeting.13 Jul 2026 · Company Update / Newspaper Publication
Notice of 3rd Annual General Meeting of the Members of ITC Hotels Limited to be held on Thursday, 6th August, 2026.11 Jul 2026 · AGM/EGM / AGM
Report and Accounts for the financial year ended 31st March, 2026.11 Jul 2026 · Others / Reg. 34 (1) Annual Report
ITC Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....6 Jul 2026 · Board Meeting / Board Meeting
Publication of Notice re: 3rd Annual General Meeting of the Company to be held on 6th August, 2026 through Video Conferencing / Other Audio Visual Means.30 Jun 2026 · Company Update / Newspaper Publication
Closure of Trading Window.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Analysts meet - Cancellation.18 Jun 2026 · Company Update / General
Participation in Analyst meet.15 Jun 2026 · Company Update / Analyst / Investor Meet
Acquisition of shares of Zuri Hotels and Resorts Private Limited.19 May 2026 · Company Update / Acquisition
Media Statement and Presentation-Acquisition of shares of Zuri Hotels and Resorts Private Limited.15 May 2026 · Company Update / General
Media Statement and Investor Presentation FY 2025-2615 May 2026 · Company Update / General
AGM Date15 May 2026 · Company Update / General
Dividend15 May 2026 · Corp Action / Dividend Updates
Recommendation for Appointment of Director.15 May 2026 · Company Update / General
Record Date15 May 2026 · Corp. Action / Record Date
Dividend15 May 2026 · Corp. Action / Dividend

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	21 May 2026	21 May 2026	—

Board meetings

26 Oct 2026 Board Meeting - Financial Results