Viceroy Hotels Ltd.

BSE: VHLTD523796ISIN INE048C01025

Consumer Discretionary
Hotels & Resorts

Share price

₹141.35-3.50 (-2.42%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: —
52W low: —
Off 52W high: —
1M return: +10.91%
3M return: —
6M return: —
1Y return: —
20D avg volume: 6,958
50 DMA: ₹131.40
200 DMA: —

Key ratios Consolidated

Market cap: ₹1,085 Cr
Current price: ₹141.35
52W high / low: — / —
Face value: ₹10.00
P/E: 38.25
P/B: —
EPS (TTM): ₹3.70
Book value / share: —
ROE: —
ROCE: 5.70%
Operating margin: —
Net margin: —
Debt / equity: 0.99
Net debt: ₹244.54 Cr
Interest cover: 3.45
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -1.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23
Income statement
	44.90	48.37	38.66	35.33	37.75	32.31	31.90	41.19	24.77	32.17	28.77	21.50
	0.29	1.17	3.21	1.27	0.40	1.45	0.40	2.77	2.68	0.95	1.62	2.84
	45.19	49.53	41.88	36.61	38.16	33.76	32.30	38.41	27.46	33.12	30.39	24.34
	43.82	44.03	31.14	29.53	31.17	28.61	31.65	38.19	26.42	33.00	32.80	23.03
	3.88	4.23	3.76	4.09	4.01	3.60	3.65	14.88	6.20	6.12	7.72	5.47
	0.00	0.00	0.00	0.00	—	—	—	—	—	—	—	—
	8.57	9.18	6.95	7.29	6.83	6.81	6.19	6.39	5.64	5.58	5.37	5.33
	5.45	5.30	1.15	0.64	1.61	1.29	1.41	1.43	0.03	0.45	0.00	0.41
	4.96	4.75	3.49	3.11	3.16	2.94	2.92	7.61	2.16	2.15	2.15	2.15
	20.95	20.57	15.80	14.41	15.56	13.95	—	—	9.58	16.36	15.24	7.19
	1.38	5.50	10.74	7.07	6.99	5.15	0.65	0.22	1.04	0.13	-2.42	1.31
	0.00	0.00	0.00	0.00	0.00	0.00	0.66	0.00	0.00	0.00	0.00	0.00
	1.38	5.50	10.74	7.07	6.99	5.15	1.31	0.22	1.04	0.13	-2.42	1.31
	0.07	-0.50	-0.22	-2.89	0.30	54.50	0.23	2.20	0.54	0.13	0.13	0.13
	1.45	6.00	10.96	9.96	7.29	59.66	1.08	2.42	0.50	0.00	-2.54	1.19
	0.21	0.89	1.63	1.62	1.15	9.45	0.17	0.38	0.12	—	-0.60	0.28
Key metrics
	11.79	15.55	15.38	10.82	11.76	9.38	5.64	9.26	3.23	2.73	-0.27	3.87
	26.30%	32.10%	39.80%	30.60%	31.20%	29.00%	17.70%	22.50%	13.00%	8.50%	-0.90%	18.00%
	3.20%	12.40%	28.30%	28.20%	19.30%	184.60%	3.40%	5.90%	2.00%	0.00%	-8.80%	5.50%
	—	2.10%	—	2.60%	—	—	—	—	—	—	—	—
	—	36.90%	2.40%	-14.20%	—	—	28.80%	28.00%	—	—	—	—
	—	-39.80%	50.30%	311.60%	—	—	116.00%	—	—	—	—	—

Metric	FY26	FY25	FY24	FY23	FY22
Income statement
	143.20	137.29	138.18	115.95	65.26
	6.53	3.53	1.04	4.04	5.47
	149.73	140.83	139.22	120.00	70.73
	128.81	120.96	135.75	119.55	96.64
	14.97	15.35	36.61	—	36.92
	0.00	0.00	—	—	—
	29.48	27.13	24.20	—	14.50
	8.55	4.96	1.44	—	0.75
	15.10	12.13	13.94	—	9.11
	60.71	61.39	—	—	30.01
	20.92	19.87	3.47	0.45	-25.91
	0.00	0.66	-3.18	0.00	0.00
	20.92	20.53	0.29	0.45	-25.91
	2.60	-57.47	2.10	0.51	0.40
	18.32	77.99	2.39	-0.06	-26.31
	2.91	12.21	1.41	—	-6.20
Key metrics
	44.57	37.62	15.67	0.45	-16.05
	31.10%	27.40%	11.30%	0.40%	-24.60%
	12.80%	56.80%	1.70%	-0.10%	-40.30%
	5.70%	8.70%	—	—	—
	4.30%	-0.60%	19.20%	77.70%	—
	-76.50%	3,163.20%	4,083.30%	99.80%	—
	-65.18	14.24	—	—	—
	3.16	0.41	—	—	—
	0.99	0.21	—	—	—
	244.54	46.44	—	—	—
	-1.9	5.5	—	—	—
Balance sheet
	556.72	311.56	—	—	—
	52.35	57.53	—	—	—
	19.42	5.82	—	—	—
	6.34	7.00	—	—	—
	0.69	0.57	—	—	—
	3.22	2.03	—	—	—
	346.17	178.37	—	—	—
	7.80	5.48	—	—	—
	42.94	19.68	—	—	—
	263.96	52.26	—	—	—
	18.56	5.63	—	—	—
	245.40	46.63	—	—	—
	266.80	244.33	—	—	—
Cash flow
	57.90	32.31	—	—	—
	-209.55	-77.20	—	—	—
	165.26	-82.89	—	—	—
	123.08	18.07	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q1 FY24	Q4 FY23
Income statement
	32.74	35.31	38.33	30.80	25.37	35.33	37.75	32.31	27.10	34.31	24.77	29.70
	3.19	3.92	3.22	1.06	1.08	1.27	0.40	1.45	0.40	0.40	0.08	0.61
	35.93	39.24	41.55	31.86	26.45	36.61	38.16	33.76	27.50	34.71	24.86	30.31
	34.83	34.15	30.85	27.57	26.07	29.53	31.17	28.61	26.21	36.81	23.20	28.86
	3.16	3.07	3.73	3.72	3.26	4.09	4.01	3.60	3.65	3.99	3.43	3.30
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	6.63	6.87	6.89	6.58	6.77	7.15	6.83	6.95	6.19	6.42	5.64	5.55
	4.37	4.71	1.15	1.10	1.01	0.65	1.61	1.28	1.41	1.43	—	0.45
	4.14	3.85	3.46	3.43	3.44	3.11	3.16	2.94	2.89	7.49	2.11	2.11
	16.54	15.65	15.62	12.74	11.60	14.53	15.56	13.83	—	17.48	9.21	15.12
	1.10	5.09	10.70	4.30	0.38	7.07	6.99	5.15	1.29	-2.10	1.66	1.45
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	0.66	—	—	—
	1.10	5.09	10.70	4.30	0.38	7.07	6.99	5.15	1.95	-2.10	1.66	1.45
	0.06	-0.69	0.23	-0.09	3.40	-0.67	0.30	54.50	0.23	2.23	0.50	0.12
	1.15	5.78	10.93	4.38	-3.02	7.75	7.29	59.66	1.72	0.13	1.16	1.33
	0.17	0.85	1.63	0.65	-0.04	1.28	1.15	9.45	0.27	0.02	0.27	0.31
Key metrics
	9.61	13.65	15.31	8.83	4.83	10.83	11.76	9.37	6.25	6.82	3.77	4.01
	29.40%	38.70%	39.90%	28.70%	19.00%	30.70%	31.20%	29.00%	23.10%	19.90%	15.20%	13.50%
	3.50%	16.40%	28.50%	14.20%	-11.90%	21.90%	19.30%	184.60%	6.30%	0.40%	4.70%	4.50%
	—	2.10%	—	1.90%	—	2.60%	—	—	—	—	—	—
	29.10%	-0.10%	1.50%	-4.70%	-6.40%	3.00%	—	—	9.40%	15.50%	—	—
	138.10%	-25.40%	49.90%	-92.70%	-275.60%	5,861.50%	—	—	48.30%	-90.20%	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	137.18	129.81	132.49	118.44	96.40	42.98
	11.39	9.29	3.53	1.01	2.35	4.00
	148.58	139.10	136.02	119.45	98.75	46.98
	127.40	118.63	115.52	111.38	93.53	56.00
	13.68	13.78	15.35	14.01	13.24	9.67
	0.00	0.00	0.00	—	—	—
	26.97	27.12	27.13	24.20	18.99	13.21
	11.33	7.96	4.95	1.44	0.86	0.43
	14.88	14.17	12.10	13.83	8.44	8.50
	60.55	55.60	55.99	57.91	42.82	18.98
	21.19	20.47	20.50	8.07	5.23	-9.02
	0.00	0.00	0.66	-3.18	—	—
	21.19	20.47	21.16	4.89	5.23	-9.02
	-0.49	2.40	-55.25	2.14	0.46	0.82
	22.24	18.07	76.41	7.03	4.76	-9.85
	3.30	2.68	11.96	1.41	1.12	-2.32
Key metrics
	47.40	42.60	38.21	20.16	14.53	-0.09
	34.55%	32.80%	28.80%	17.00%	15.10%	-0.20%
	16.21%	13.90%	57.70%	5.90%	4.90%	-22.90%
	—	6.00%	8.90%	—	—	—
	4.91%	-2.00%	11.90%	22.90%	124.30%	—
	-68.97%	-76.40%	986.90%	47.70%	148.30%	—
	—	-5.18	-2.28	—	—	—
	—	2.63	0.20	—	—	—
	—	0.85	0.21	—	—	—
	—	212.92	46.44	—	—	—
	—	-3.2	5.8	—	—	—
Balance sheet
	—	503.87	311.56	—	—	—
	—	38.47	57.53	—	—	—
	—	9.91	5.82	—	—	—
	—	3.35	7.00	—	—	—
	—	0.48	0.57	—	—	—
	—	2.06	2.03	—	—	—
	—	181.92	178.37	—	—	—
	—	4.96	5.48	—	—	—
	—	31.79	19.68	—	—	—
	—	222.83	52.26	—	—	—
	—	14.53	5.63	—	—	—
	—	208.30	46.63	—	—	—
	—	262.43	244.33	—	—	—
Cash flow
	—	47.48	15.10	—	—	—
	—	-207.08	-56.86	—	—	—
	—	163.69	21.11	—	—	—
	—	52.66	17.38	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +10.43%
Sales CAGR 5Y: —
Profit CAGR 3Y: +56.00%
Profit CAGR 5Y: —
Sales YoY (TTM): +4.91%
Profit YoY (TTM): -68.97%

Consolidated

Sales CAGR 3Y: +7.29%
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: 74.03%

Quarter	September 2026	15 Sep 2026	June 2026
Promoter %	74.03%	74.03%	74.03%

Holder	Type	Holding	Previous	Change
LOKO HOSPITALITY PRIVATE LIMITED	Promoter	74.03%	74.03%	0.00%
KAMATH ASSOCIATES	Public	3.36%	3.36%	0.00%
NKSQUARED	Public	3.36%	3.36%	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

Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.10 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 20153 Oct 2026 · Company Update / General
Intimation of Closure of Trading Window for quarter and half year ending 30.09.202628 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Loko Hospitality Pvt Ltd19 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
News Paper Publication of Basis of Allotment18 Sep 2026 · Company Update / Newspaper Publication
Allotment of shares on rights basis15 Sep 2026 · Company Update / Allotment of Equity Shares
Disclosure under Regulation 30(13) of SEBI (LODR) Regulations, 2015.10 Sep 2026 · Company Update / General
Scrutinizer''s report for the Annual General Meeting held on 10.09.2026.10 Sep 2026 · AGM/EGM / AGM
Outcome of the Annual General Meeting held on 10.09.2026.10 Sep 2026 · AGM/EGM / AGM
Rights Issue - Pre issue newspaper publication31 Aug 2026 · Company Update / Newspaper Publication
Revised Letter of Offer for Rights Issue21 Aug 2026 · Company Update / General
Book Closure intimation for the Annual General Meeting for the financial year 2025-26 scheduled on 10.09.202620 Aug 2026 · Company Update / General
Newspaper Advertisement of Notice of Annual General Meeting scheduled on 10.09.202620 Aug 2026 · Company Update / Newspaper Publication
Annual Report of the Company for the FY 2025-2619 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of Annual General Meeting scheduled to be held on 10.09.202619 Aug 2026 · AGM/EGM / AGM
Letter of Offer for Rights Issue19 Aug 2026 · Company Update / General
Intimation of record date for Rights Issue14 Aug 2026 · Corp. Action / Record Date
Outcome of meeting of Rights Issue Committee approving the terms of Rights Issue14 Aug 2026 · Company Update / Issue of Securities
Closure of trading window till 48 hours after the conclusion of meeting of Rights Issue Committee scheduled on 14.08.2026.11 Aug 2026 · Insider Trading / SAST / Closure of Trading Window
Viceroy Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Meeting of Rights Issue Committee ....11 Aug 2026 · Board Meeting / Board Meeting
Transcripts of the Earnings call held on 04.08.20267 Aug 2026 · Company Update / Earnings Call Transcript
Audio Recording of the Investor Meet held on 04.08.20264 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Presentation31 Jul 2026 · Company Update / Investor Presentation
Press Release for the period ended 30.06.2026.31 Jul 2026 · Company Update / Press Release / Media Release
Disclosure regarding resignation of Statutory Auditor of SLN Terminus Hotels & Resorts Private Limited, a wholly-owned material subsidiary of the Company.31 Jul 2026 · Company Update / General
Unaudited Financial Results for the quarter ended 30.06.2026.31 Jul 2026 · Result / Financial Results
Unaudited Financial Results for the quarter ended 30.06.202631 Jul 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Q1 of FY 2026-27 Earnings Call.30 Jul 2026 · Company Update / Analyst / Investor Meet
Viceroy Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve 1. Unaudited Financial results ....22 Jul 2026 · Board Meeting / Board Meeting
Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 202613 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation regarding postponement of Meeting of Rights Issue Committee of Viceroy Hotels Limited ("Company") scheduled to be held on 03.07.20263 Jul 2026 · Company Update / General
Closure of trading window till 48 hours after the conclusion of Board Meeting scheduled on 03.07.202629 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Viceroy Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/07/2026 ,inter alia, to consider and approve and decide various matters in ....29 Jun 2026 · Board Meeting / Board Meeting
Raising of funds through issue of fully paid-up equity shares on rights basis to the existing shareholders (Other than Promoter and Promoter group) of the Company.29 Jun 2026 · Company Update / Raising of Funds
Outcome of Board Meeting held on 29.06.2026 for raising of funds through Rights Issue29 Jun 2026 · Board Meeting / Outcome of Board Meeting
Closure of trading window till 48 hours after the conclusion of Board Meeting scheduled on 29.06.202623 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Viceroy Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/06/2026 ,inter alia, to consider and approve Fund raising by way of Rights ....23 Jun 2026 · Board Meeting / Board Meeting
Closure of trading window for period ending June 30, 2026.23 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Analyst / Institutional Investor meeting to be held on June 11, 2026.5 Jun 2026 · Company Update / Analyst / Investor Meet
Transcripts of earnings call held on 25 May, 2026 for Q4 and year ended 31 March, 20261 Jun 2026 · Company Update / Earnings Call Transcript

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	20 Aug 2026	20 Aug 2026	—
Right Issue of Equity Shares	29 Nov 2024	29 Nov 2024	—

Board meetings

31 Jul 2026 Board Meeting - Financial Results