---
title: "ITC Hotels Ltd (ITCHOTELS) — Share Price, Financials & Analysis"
symbol: "ITCHOTELS"
company: "ITC Hotels Ltd"
canonical: "https://tapetide.com/stocks/ITCHOTELS"
isin: "INE379A01028"
nse_symbol: "ITCHOTELS"
bse_code: "544325"
sector: "Leisure Services"
industry: "Hotels & Resorts"
market_cap_cr: 31992.43
generated_at: "2026-09-13T18:45:42.726Z"
---

# ITC Hotels Ltd (ITCHOTELS)

Canonical page: https://tapetide.com/stocks/ITCHOTELS

## Company

- **NSE Symbol:** ITCHOTELS
- **BSE Code:** 544325
- **ISIN:** INE379A01028
- **Sector:** Leisure Services
- **Industry:** Hotels & Resorts
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2025-01-29
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** itchotels.com

## About

ITC Hotels is an Indian hospitality company that operates and manages hotels, with over 200 hotels. It has a franchise agreement to operate most of its hotels as part of The Luxury Collection of Marriott International. It operates hotels across 90+ destinations under brands like ITC Hotels, Mementos, Epiq Collection Storii, Welcomhotel, Fortune, and Welcome Heritage.[1][2]

## Latest Price

- **Price:** ₹153.69
- **Change:** -0.44 (-0.29%)
- **Open:** ₹153.85
- **Day High:** ₹154.5
- **Day Low:** ₹152.61
- **Previous Close:** ₹154.13
- **Volume:** 1693876
- **As Of:** 2026-09-11T10:20:29+00:00

## Key Fundamentals

Observed at 2026-09-11T04:36:44.491294Z.

- **Market Cap:** ₹31992.43 Cr
- **Classification:** Smallcap
- **P/E (reported):** 37
- **P/E (TTM):** 36.94
- **EPS (TTM):** ₹4.16
- **Book Value:** ₹55.97
- **Price to Book:** 2.75
- **Dividend Yield:** 0.65%
- **ROE:** 7.02%
- **ROCE:** 9.19%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹4331.3 Cr
- **Net Income:** ₹821.3 Cr
- **EBITDA:** ₹1615.7 Cr
- **52-Week High:** ₹251.23
- **52-Week Low:** ₹137.3
- **RSI (14):** 33.07

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 83.8 | 9% |
| growth | 50 | 9% |
| momentum | 26.59 | 12% |
| ownership | 49.66 | 24% |
| quality | 67.71 | 22% |
| valuation | 72.09 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 2.75 times its book value
- Company has a low return on equity of 6.65% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 38.55% | 65.04% | 374.34% |
| ebitda margin growth | -32.76% | 5.97% | 9.48% | — |
| net income growth | -42.69% | 28.81% | 93.75% | — |
| revenue growth | -24% | 19.39% | 24.64% | — |
| roce | -40.5% | 16.77% | 48.71% | — |
| roe | -42.69% | 18.18% | 5.98% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 706 | 778 | 1015 | 1061 | 816 | 839 | 1231 | 1254 | 936 |
| Expenses | 500 | 566 | 635 | 648 | 571 | 594 | 764 | 787 | 644 |
| Operating Profit | 206 | 212 | 381 | 412 | 245 | 246 | 467 | 466 | 292 |
| OPM % | 29 | 27 | 37 | 39 | 30 | 29 | 38 | 37 | 31 |
| Other Income | 14 | 7 | 19 | 43 | 48 | 49 | -34 | 60 | 62 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 95 | 104 | 104 | 100 | 102 | 104 | 104 | 106 | 104 |
| Profit before tax | 123 | 114 | 294 | 354 | 189 | 189 | 327 | 418 | 248 |
| Tax % | 29 | 33 | 27 | 27 | 29 | 29 | 28 | 24 | 27 |
| Net Profit | 87 | 77 | 216 | 258 | 134 | 133 | 237 | 317 | 182 |
| EPS in Rs | — | — | — | 1.23 | 0.64 | 0.64 | 1.13 | 1.52 | 0.87 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- |
| Sales | 2224 | 3560 | 4139 | 4260 |
| Expenses | 1454 | 2307 | 2660 | 2788 |
| Operating Profit | 771 | 1253 | 1480 | 1471 |
| OPM % | 35 | 35 | 36 | 35 |
| Other Income | 16 | 77 | 115 | 138 |
| Interest | 20 | 44 | 55 | 8 |
| Depreciation | 201 | 402 | 417 | 418 |
| Profit before tax | 565 | 884 | 1123 | 1182 |
| Tax % | 25 | 28 | 27 | — |
| Net Profit | 424 | 638 | 821 | 869 |
| EPS in Rs | — | 3.05 | 3.92 | 4.16 |
| Dividend Payout % | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 83 | 208 | 208 |
| Reserves | 8415 | 10484 | 11450 |
| Borrowings | 74 | 73 | 74 |
| Other Liabilities | 1617 | 1707 | 1748 |
| Total Liabilities | 10188 | 12472 | 13480 |
| Fixed Assets | 6436 | 8189 | 8089 |
| CWIP | 1768 | 158 | 207 |
| Investments | 204 | 676 | 1956 |
| Other Assets | 1780 | 3449 | 3229 |
| Total Assets | 10188 | 12472 | 13480 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 672 | 801 | 1110 |
| Cash from Investing Activity | -753 | -2203 | -1174 |
| Cash from Financing Activity | 127 | 1430 | 19 |
| Net Cash Flow | 47 | 27 | -46 |
| Free Cash Flow | 22 | 419 | 701 |
| CFO/OP | 116 | 81 | 95 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 24 | 21 | 20 |
| Cash Conversion Cycle | 24 | 21 | 20 |
| Working Capital Days | 48 | 48 | 43 |
| ROCE % | — | 10 | 11 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 39.88% | 39.87% | 39.85% | 39.85% | 39.85% | 39.85% |
| FIIs | 25.37% | 25.36% | 25.49% | 16.09% | 14.57% | 11.61% |
| DIIs | 21.61% | 20.61% | 20.2% | 21.13% | 21.46% | 23.99% |
| Government | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 10.7% | 11.49% | 11.8% | 12.93% | 13.72% | 14.38% |
| Others | 2.41% | 2.64% | 2.63% | 9.97% | 10.38% | 10.15% |
| No. of Shareholders | 2573730 | 2489470 | 2418410 | 2368220 | 2325720 | 2286420 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 157.95 | Sell |
| EMA (10) | 157.69 | Sell |
| SMA (20) | 161.46 | Sell |
| EMA (20) | 160.42 | Sell |
| SMA (50) | 167.05 | Sell |
| EMA (50) | 163.68 | Sell |
| SMA (100) | 163.95 | Sell |
| EMA (100) | 166.06 | Sell |
| SMA (200) | 171.79 | Sell |
| EMA (200) | 172.99 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.48 | Neutral |
| MACD (12,26,9) | -3.16 | Sell |
| Stochastic (14,3,3) | 3.75 | Buy |
| ADX (14) | 21.03 | Neutral |
| Williams %R (14) | -92.89 | Buy |
| ATR (14) | 3.35 | Neutral |
| ROC (12) | -7.79 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 30.52 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 13 | 92.86% |
| Hold | 1 | 7.14% |
| Sell | 0 | 0% |

Based on 14 analyst ratings, observed at 2026-09-11T04:36:44.535429+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b8b1d6e-51be-4eff-b17f-c7e9f8b781c6.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8262d503-e00d-40f0-bf57-a953f6329d9e.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38ec918e-8bea-46e9-a78d-27a95eb3e0f1.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=591f01fe-e80a-4f07-8afd-841c85be1dbe.pdf) |
| 2026-08-06 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fb9720a-2b4e-42bc-9427-9417b84d70a2.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80b2db54-ef31-4a47-841e-f02a8b8289c4.pdf) |
| 2026-08-06 | [Address By The Chairman At The 3Rd Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4915dcb3-ad8f-4576-9a9e-928c34da5d46.pdf) |
| 2026-07-16 | [Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7046e9ca-5543-4c52-81b5-db10cf6f2f8e.pdf) |
| 2026-07-16 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0536e41d-ea03-4415-95b1-69c766b61634.pdf) |
| 2026-07-16 | [Media Statement - Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=847e4bf4-9f03-4c69-b0de-0e786c079517.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-16 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bab9765-bfab-4688-98fd-8099495ec3c9.pdf) |
| 2026-05-15 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fc0eab9-822f-47d8-a529-80d802e99cc1.pdf) |
| 2026-01-20 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1aa7f42-1d19-4b2a-a513-2ebbf8227df6.pdf) |
| 2025-10-24 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b50ce738-f3f6-412a-8fd1-f75e83ad341a.pdf) |
| 2025-07-16 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5fd7642-29fd-414b-8569-3a4f3f79a8d5.pdf) |
| 2025-05-15 | [Annual Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18d7a048-d92d-4b26-8f70-a7edabeab410.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 May - Board meets 15 May 2026 to approve FY26 audited results and recommend final dividend. | [Board Meeting Intimation for Approval Of Financial Results And Recommendation Of Final Dividend. 8 May - Board meets 15 May 2026 to approve FY26 audited results and recommend final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/48b1e61f-3b59-472f-a965-d98317ab3a66.pdf) |
| 6 Mar - Tablesh Pandey resigned as Non-Executive Director (LIC representative), effective 5 March 2026. | [Announcement under Regulation 30 (LODR)-Change in Directorate 6 Mar - Tablesh Pandey resigned as Non-Executive Director (LIC representative), effective 5 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4656d551-37f5-41b9-96f5-152df3ee2c44.pdf) |
| 6 Mar - Mr. Tablesh Pandey (LIC-nominated) resigned as Non-Executive Director effective close of work 5 March 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 6 Mar - Mr. Tablesh Pandey (LIC-nominated) resigned as Non-Executive Director effective close of work 5 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7a19794-cfac-4f81-a555-04f370115407.pdf) |
| 6 Feb - ITC Hotels to attend Nuvama (11 Feb 2026) and Axis Capital (12 Feb 2026) investor conferences in Mumbai. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 6 Feb - ITC Hotels to attend Nuvama (11 Feb 2026) and Axis Capital (12 Feb 2026) investor conferences in Mumbai.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f860216a-4cbe-4942-b413-b88a1f63a357.pdf) |
| 6 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c75f3d9-4606-4e97-b46f-84d04e01d5d8.pdf) |
| 2d - ITC Hotels' FY2025-26 secretarial compliance report confirms full SEBI LODR compliance and no non-compliances. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 2d - ITC Hotels' FY2025-26 secretarial compliance report confirms full SEBI LODR compliance and no non-compliances.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f033014b-1acc-4bf7-9c48-b7258bc96f31.pdf) |
| 28 Jan - Non-deal roadshow in Singapore on 4-5 Feb 2026; physical one-on-one/group meetings. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 Jan - Non-deal roadshow in Singapore on 4-5 Feb 2026; physical one-on-one/group meetings.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed485df8-175f-40c2-a9b0-ce6e7aab78de.pdf) |
| 19 Mar - Allotment of Shares under ITC Hotels - Special Purpose Employee Stock Option Scheme. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 19 Mar - Allotment of Shares under ITC Hotels - Special Purpose Employee Stock Option Scheme.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e443ad40-8c14-42e6-9584-72508e5443c5.pdf) |
| — | [Closure of Trading Window 25 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98c1410a-6d74-4f16-a10f-44c17328e90f.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4983fb11-5a1d-4fe0-8a8c-4f64cec1cd65.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eccd2d1f-feca-42ca-9743-5d311ccd6bf4.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0e570e5-bd34-4359-bce0-5361071653e5.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e0e570e5-bd34-4359-bce0-5361071653e5.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95c73d94-d3ff-47fc-a03e-c58f01a9bce4.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95c73d94-d3ff-47fc-a03e-c58f01a9bce4.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f1d443f-1174-40c3-b671-dd2a07935125.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f1d443f-1174-40c3-b671-dd2a07935125.pdf) |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45b6e2d4-89a4-4ef3-9a07-80c5ddcb5804.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73b3dd17-4d81-47fc-a046-295c7587092f.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73fe5307-b617-4446-909c-7d4b3d20cc64.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:45:42.726Z.