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ITCHOTELS · Consumer Cyclical ₹176.59 -0.39% Mkt Cap ₹36759 Cr fair

ITCHOTELS

Consumer Cyclical Resorts & Casinos

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₹176.59

-0.39% today · 30d +14.3%

as of 2026-11-09

Price · Daily Candles

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“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 2026-09-30

REVENUE

₹1054 Cr

+25.57% YoY

NET PROFIT

₹203 Cr

+52.04% YoY

OPM

35.2%

+2.3pp YoY

EPS

₹0.97

PE 40.71

Intrinsic value · DCF ₹135.59 · Margin of safety -23.2% (fair) · FCF yield 1.9%

◇ 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 🔒

9 ML-predicted forward-growth ranks across sales, EBIT, and FCF.

SCORE / 100

Overall

6-axis composite of the sections below.

Performance UNDERPERFORMER 20

Valuation FAIR 40

Growth STRONG 72

Profitability HIGH 75

Technicals NEUTRAL 58

Risk MODERATE 50

Key Stats

TTM PE

40.71

P/B

3.02

52W HIGH

₹226.63

OFF HIGH

-22.08%

DIV YIELD

0.6%

MKT CAP

₹36759 Cr

◉ Active Signals

MACDBullish1.3536

RSI(14)Bullish65.58

Street Consensus

14 analysts

₹212.71

mean target

Low ₹189.0Now ₹176.59High ₹236.0

⧉ Strategy Fit 🔒

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