ftInvstr
ITCHOTELS · Consumer Cyclical ₹161.32 +0.39% Mkt Cap ₹33581 Cr overvalued

ITCHOTELS

Consumer Cyclical Resorts & Casinos
₹161.32
+0.39% today · 30d -5.38%
as of 2026-09-04
Price · Daily Candles
“DIIs step up as FIIs trim positions in ITCHOTELS amid a mixed quarterly performance.”
ITCHOTELS reported a strong Q2 2026 with net profit up 36.05% YoY to ₹182 Cr on a 14.77% YoY revenue increase to ₹936 Cr. However, FIIs reduced their stake by 2.96% QoQ, while DIIs increased theirs by 2.53% QoQ, suggesting differing institutional views amidst recent price weakness.
BULL CASE
+Q2 2026 revenue grew 14.77% YoY to ₹936 Cr, with net profit surging 36.05% YoY to ₹182 Cr.
+Operating profit for Q2 2026 rose 21.46% YoY to ₹351 Cr, with OPM improving by 1.68% YoY.
+DIIs increased their shareholding by 2.53% QoQ to 23.99% in Q2 2026.
+Annual revenue for FY26 increased 16.28% YoY to ₹4139 Cr, and net profit grew 28.8% YoY to ₹821 Cr.
BEAR CASE
The stock has seen a significant price correction, down 31.6% over the last year and 10.48% in the last month, currently trading 37.08% off its 52-week high of ₹261.62.
FIIs decreased their shareholding by 2.96% QoQ in Q2 2026.
The stock is deemed 'overvalued' with an intrinsic value of ₹33.69 against a current price of ₹164.62, representing a margin of safety of -79.5%.
Technical indicators show a 'bearish' MACD with a value of -0.9632.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹936 Cr
+14.77% YoY
NET PROFIT
₹182 Cr
+36.05% YoY
OPM
35.28%
+1.68pp YoY
EPS
₹0.87
PE 40.71
Intrinsic value · DCF ₹35.87 · Margin of safety -77.8% (overvalued) · FCF yield 2.08%
◇ Sector Position
ITCHOTELS trades at a TTM P/E of 40.71 and has a ROCE of 11.0%, positioning it more favourably than MHRIL (P/E 89.42, ROCE 8.48%) but above DELTACORP (P/E 20.08).
PEERPEROCE %
ITCHOTELS40.7111.0
MHRIL89.428.48
DELTACORP20.08
ML Forward Growth Predictions 🔒

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49
SCORE / 100
Overall
6-axis composite of the sections below.
Performance UNDERPERFORMER 5
Valuation FAIR 40
Growth STRONG 72
Profitability HIGH 75
Technicals NEUTRAL 52
Risk MODERATE 50
Key Stats
TTM PE
40.71
P/B
3.02
52W HIGH
₹253.67
OFF HIGH
-36.41%
DIV YIELD
0.6%
MKT CAP
₹33581 Cr
◉ Active Signals
MACDBearish-0.3905
RSI(14)Neutral43.27
Street Consensus
14 analysts
₹212.71
mean target
Low ₹189.0Now ₹161.32High ₹236.0
⧉ Strategy Fit 🔒

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