Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Chalet Hotels Limited

NSE: CHALETHotels & Resorts

Share price

₹825.55

-2.58% close of 8 Oct 2026

Market cap ₹18,080 CrP/E 33.7

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

65

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹18,080 Cr

P/E ratio

33.7

P/B ratio

4.9

ROCE

17.0%

ROE

19.0%

Dividend yield

0.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹976.0052-week low ₹702.30

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 33.7× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 34.9×, across 5 companies. It is against its own five-year median of 67.2×, the 19th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.6 times its growth rate, on earnings growth of 60%.

Profit growthPrice per ₹1 profitPer 1% growth
Chalet Hotels Limited — this one60%/yr33.7×₹0.56
The Indian Hotels Company Limited22%/yr52.0×₹2.4
ITC Hotels Limited—34.9×—
Leela Palaces Hotels & Resorts Limited106%/yr43.7×—
EIH Limited25%/yr25.1×₹1.0
Ventive Hospitality Limited—26.7×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Hotels & Resorts), it ranks 9 of 39 on returns, 2 of 35 on growth, 8 of 39 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 17% on capital, ahead of 77% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹3245 crore of cash from the business and spent ₹1939 crore on plant and equipment, with ₹1306 crore to spare; it still raised ₹459 crore from shareholders — borrowings did not rise. And the profit is real: of every 100 rupees it reported over 11 years, about 427 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back more slowly than it used to: it went from being paid 184 days before it paid its own suppliers to paid 93 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 9 checks clear · 67%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Profit margin reached 46.7%, ahead of the mid-40s promised, while fewer apartment sales pulled total revenue down.

Announced 29 Jul 2026 · Consolidated

Revenue

₹512 Cr

Revenue vs last year

-42.8%

Revenue vs last quarter

-8.2%

Net profit

₹86 Cr

Profit vs last year

-57.6%

Profit vs last quarter

-47.2%

Net margin

16.8%

EPS

₹3.93

Earnings call transcript · 30 Jul 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹18,080 Cr
Prev close
₹825.55
52w High
₹989
52w Low
₹691
Enterprise value
₹20,169 Cr
Beta
1.0
Price CAGR 1y
-13.0%
Price CAGR 3y
12.0%
Price CAGR 5y
29.0%
Price CAGR 10y
—

Ratios

Return on assets
8.9%
PEG ratio
0.6
P/E ratio
33.7
P/B ratio
4.9
EV / EBITDA
17.2
Industry P/E
30.1
ROCE
17.0%
ROCE 5y average
9.4%
ROE
19.0%
Debt / Equity
0.6
Interest coverage
5.5
Dividend yield
0.2%
ROE 3y average
14.0%
ROE last year
19.0%

Annual P&L

Annual revenue
₹2,770 Cr
Annual profit
₹645 Cr
Operating margin
43.0%
Net profit margin
23.3%
EBITDA margin
42.9%
Sales growth 3y
34.9%
Sales growth 5y
57.5%
Profit growth 3y
60.0%
Profit growth 5y
46.0%
EPS
₹29.5
Sales growth TTM
6.0%
Profit growth TTM
88.0%
Dividend payout
7.0%

Quarter P&L

Sales latest quarter
₹512 Cr
Profit latest quarter
₹86 Cr
YoY quarterly sales growth
-42.7%
YoY quarterly profit growth
-57.6%
OPM latest quarter
45.7%

Balance Sheet

Book Value
₹169
Face Value
₹10.0
Total debt
₹2,368 Cr
Total cash
₹308 Cr
Borrowings
₹2,368 Cr
Reserves / Equity
15.9

Cash Flow

Operating cash flow
₹1,067 Cr
Free cash flow
₹729 Cr
FCF yield
3.0%
Net cash flow
₹25 Cr

Shareholding

Promoter holding
67.3%
FII holding
4.3%
DII holding
25.0%
Public holding
3.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indian Hotels Co731.3053.61,04,2370.44390.820.82,339.214.617.1
ITC Hotels159.1736.033,1580.63181.935.4936.014.811.2
Leela Palaces Hotels602.4544.920,1300.0048.8456.4352.028.18.7
Chalet Hotels847.4034.718,5800.2486.1-54.4512.3-42.717.0
EIH296.5025.518,5450.51120.3-1.9657.014.520.7
Ventive Hospital582.4028.013,5630.00124.2199.8542.87.010.8
Lemon Tree Hotel112.5234.88,9080.0057.320.1344.69.114.1
Median195.0728.07740.006.720.870.610.610.8

Competes with: Advani Hotels & Resorts (India) Limited, Advent Hotels International Limited, Apeejay Surrendra Park Hotels Limited, Apollo Sindoori Hotels Limited, Asian Hotels (East) Limited, Asian Hotels (North) Limited, Asian Hotels (West) Limited, Benares Hotels Limited, Blue Coast Hotels Limited, Brigade Hotel Ventures Limited, Country Club Hospitality & Holidays Limited, EIH Associated Hotels Limited, EIH Limited, Graviss Hospitality Limited, HLV LIMITED, ITC Hotels Limited, India Tourism Development Corporation Limited, Juniper Hotels Limited, Kamat Hotels (I) Limited, Kaushalya Infrastructure Development Corporation Limited, Leela Palaces Hotels & Resorts Limited, Lemon Tree Hotels Limited, Mac Charles India Limited, Mahindra Holidays & Resorts India Limited, Oriental Hotels Limited, Praveg Limited, Robust Hotels Limited, Royal Orchid Hotels Limited, Samhi Hotels Limited, Sayaji Hotels Limited, Sinclairs Hotels Limited, Sri Havisha Hospitality and Infrastructure Limited, TGB Banquets And Hotels Limited, Taj GVK Hotels & Resorts Limited, The Byke Hospitality Ltd, The Indian Hotels Company Limited, U P Hotels Limited, Valor Estate Limited, Ventive Hospitality Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales311315374418361377458522895735582558512
Expenses201189208235221228253281537436317292278
Material Cost323030373232
Change in Inventories0182138-6.4949-24
Purchases of Stock-in-Trade131010139.998.55
Employee Cost686970737674
Other Expenses168245188200126188
Operating Profit110126166183140150205241357299265266234
OPM %35404444394045464041464846
Other Income446686715149713-1
Exceptional items (within Other Income)000-1.020-9.85
Interest45504853323445484945464139
Depreciation31353537394248505457586061
Profit before tax374489997879118159269205167178133
Tax %-138182017222741822242426835
Net Profit8936718261-1399712420315512416386
EPS in Rs4.321.773.444.012.78-6.354.425.679.307.085.677.443.93
Diluted EPS in Rs5.679.287.075.667.443.93

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4415827377969879812865081,1281,4171,7182,7702,387
Expenses3774466245516686442794096768339821,5821,323
Material Cost117130
Change in Inventories0363
Purchases of Stock-in-Trade4344
Employee Cost234288
Other Expenses588758
Operating Profit641361132453193377984535857361,1881,064
OPM %1423153132342.50194041434345
Other Income1813311-66442414119220364127
Exceptional items (within Other Income)0-1.02
Interest161216218212266146152144154197159180171
Depreciation6299127112115113117118117138179230237
Profit before tax-141-16679-145-18101-248-153273269434819683
Tax %-10-32-61-36-581-44-4733-36721
Net Profit-126-112127-93-8100-139-81183278142645528
EPS in Rs-8.31-7.398.38-5.43-0.375.01-6.78-3.988.94146.532924
Diluted EPS in Rs6.5229
Dividend Payout %000000000007

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
17%
5 years
57%
3 years
35%
TTM
6%

Compounded profit growth

10 years
23%
5 years
46%
3 years
60%
TTM
88%

Stock price CAGR

10 years
—
5 years
29%
3 years
12%
1 year
-13%

Return on equity

10 years
7%
5 years
11%
3 years
14%
Last year
19%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital152152152171205205205205205205218219
Reserves4803653153241,2181,3501,2111,1361,3371,6462,8283,479
Borrowings2,0722,3512,6362,7251,5461,9022,0582,5972,8533,0052,6042,368
Other Liabilities5384874494325625795455275629221,4271,221
Minority Interest-0.55-0.64
Total Liabilities3,2423,3553,5523,6523,5314,0354,0194,4654,9575,7787,0777,287
Fixed Assets2,2952,3902,8392,8192,7533,0193,0803,4133,8544,4065,2105,693
CWIP49322122348836329837183132
Investments134704554671010829
Other Assets8858866928077389248991,0139991,3251,5751,432
Total Assets3,2423,3553,5523,6523,5314,0354,0194,4654,9575,7507,0637,309

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity7920124936625260624776899501,067
Cash from Investing Activity-172329-118147-391-50-396-591-620-1,355-575
Cash from Financing Activity53-463-157-523133-34411126-108496-466
Net Cash Flow-4067-26-10-6-247712-389125
Free Cash Flow-98871883301631323305262-14729

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8111525181639311914179
Inventory Days2,2831,3051,8716,6593,0301,6051,9732,064199
Days Payable6294014551,267602549716535122
Cash Conversion Cycle811151,6799211,4325,4312,4601,0751,2711,54586
Working Capital Days-5544-138-113-77-58-270-184-152-292-275-93
ROCE %126688-309101117

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters727272686767676767676767
FIIs2.513.094.246.817.047.525.235.295.735.084.714.26
DIIs222120212121242423242525
Public3.984.504.484.204.043.863.413.383.533.613.433.45
No. of Shareholders44,00351,81261,45467,06870,46674,83166,18164,17566,22867,68252,52249,687

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -12.3% (₹941.15 → ₹825.55)Brick size ₹28.58 (fixed)Bricks 20
₹800₹900₹826Nov '25Mar '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹825.55 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt as the company states it (net cash negative)

2,041inr_cr

2026-06-30

room / bed occupancy %

64.80pct

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

91,35,884inr

2026-03-31

revpar

8,582inr

2026-06-30

News

News and filings about Chalet Hotels Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Hotels & Resorts
Classification
Consumer Services › Hotels & Resorts
ISIN
INE427F01016

Business segments

  • Hospitality (Hotels) · 62%
  • Real Estate · 27%
  • Rental / Annuity Business · 11%

Plants

  • Aravali Marriott Resort & Spa, Delhi NCR
  • Athiva Resort & Spa, Khandala
  • Bengaluru Marriott Hotel Whitefield · Bengaluru, Karnataka
  • CIGNUS Powai Tower 1 · Mumbai, Maharashtra
  • CIGNUS Whitefield Bangalore Tower 1 · Bengaluru, Karnataka
  • CIGNUS Whitefield Bangalore Tower 2 · Bengaluru, Karnataka
  • Four Points by Sheraton Navi Mumbai, Vashi · Navi Mumbai, Maharashtra
  • JW Marriott Mumbai Sahar · Mumbai, Maharashtra
  • Lakeside Chalet, Mumbai - Marriott Executive Apartments · Mumbai, Maharashtra
  • Novotel Pune Nagar Road · Pune, Maharashtra
  • The Orb Commercial Tower Sahar · Mumbai, Maharashtra
  • The Westin Hyderabad HITEC City · Hyderabad, Telangana
  • The Westin Mindspace Hyderabad · Hyderabad, Telangana
  • The Westin Mumbai Powai Lake · Mumbai, Maharashtra
  • The Westin Resort & Spa, Himalayas · Rishikesh, Uttarakhand

News impact

Big market events that reach Chalet Hotels Limited, and how the effect spreads.

Who it hits first

  • Jewellery sector ₹X,000cr market cap erosion in single session
  • Aviation INDIGO -5%; hotels -3-5%
  • EV stocks +5-7%; rail stocks +2-5%

Who may gain

  • EV makers (OLAELEC, JBMA, TVSMOTOR)
  • Rail (IRCTC, TITAGARH, IRCON, CONCOR)
  • Domestic IT WFH-tech enablers

Along the supply chain

Downstream

Wedding-season demand pulled into Q1 may unwind in Q2-Q3

Upstream

Bullion importers (MMTC) lose volume; refining margins compressed

Where demand moves

Business

Gold demand pushed out by 12+ months → jewellery destocking; foreign travel demand → domestic substitution

Capital

Rotation from discretionary consumption (jewellery, premium hotels, aviation) to EV/rail/defensive

How it spreads across sectors

Aviation

Negative — outbound travel curb + ATF cost from crude event

EV

Positive — Modi explicitly favored EV in speech

FMCG

Neutral to mild positive — discretionary spend may shift

Hotels

Negative — inbound boost from diaspora call but smaller than outbound loss

IT

Mildly positive — WFH push but already enabled

Jewellery

Direct negative — TITAN -9%, peers -5-8%

OTA

Negative — outbound bookings hit

Rail

Positive — domestic travel substitution

A pattern seen before

Cascade chain

  • Modi appeal → gold demand pause → jewellers destocking → bullion importers lose volume
  • Modi appeal → outbound travel curb → INDIGO + hotels hit
  • Modi appeal → EV preference → JBMA/OLAELEC rally
  • WFH push → marginal IT/Zoho benefit

Pattern name

Government Policy / Discretionary Spending Cascade

Sectors queried

  • Jewellery
  • Aviation
  • Travel & Hotels
  • Auto (EV)
  • Rail
  • IT Services
  • OTA
  • FMCG

When it plays out

Immediate

Jewellery -5-10%, aviation -5-8%, EV +5-10%; sentiment-driven

Medium term

If austerity holds 1 year, structural shift: gold imports -20-30%, EV share +5-10% in 2W

Short term

2-3 weeks of pressure on discretionary; jewellers may secure PMO meeting → policy clarity could ease

Who it hits first

  • QSR chains (Jubilant, Westlife, Devyani, Sapphire) — fuel cost is 4-7% of operating expense; sharp hike = 50-150 bps margin compression unless passed through
  • Hotels (IndHotel, Lemon Tree, Chalet) — central kitchens, banquet kitchens, food-pricing tax on consumer demand
  • Packaged food companies with own kitchens / processing (Britannia, Nestle, ITC food, Tata Consumer) — milder impact, can pass through

Who may gain

  • GAIL/ATGL: pure CNG/PNG players gain if commercial customers shift from cylinders to PNG (long-term)
  • Companies with PNG already (large hotels, factory-scale users) — relative cost advantage

Along the supply chain

Downstream

Restaurants/hotels pass through partially → consumer dine-out spend under pressure → soft-FMCG out-of-home consumption modestly affected

Upstream

Indian Oil/HPCL/BPCL retain LPG distribution share; commercial LPG is OMC profit pool (govt does not subsidise) — small revenue uplift

Where demand moves

Business

Cost pass-through likely partial — menu/MRP hikes lag; near-term margin pressure on QSR with unhedged exposure. Mid-tier dine-in independents under most pressure (closures).

Capital

Money rotates within F&B from QSR toward defensive packaged food (FMCG with pricing power); from operating-leverage thin-margin players toward strong-balance-sheet (Westlife > Sapphire > Devyani)

How it spreads across sectors

Consumer Services

QSR margin squeeze near-term (1-2 quarters); pricing actions to follow

FMCG

Mild — packaged food OK; out-of-home consumption hit (negative for soft drinks, biscuits sold in dhabas)

Hotels

Banquet/F&B revenue line margin pressure; room rates unaffected

Oil & Gas

Small positive for OMCs (commercial LPG is non-subsidised profit channel)

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Sep 2026unspecified₹1
11 Nov 2025interim₹1

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
8 Sep 2026Sanjay Sethi · DirectorSELL10,0000.90
8 Sep 2026Sanjay Sethi · DirectorSELL5,0990.46
3 Sep 2026Sanjay Sethi · DirectorSELL5,0000.47

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.