Cidade de Goa

Dona Paula, India Founded: 1981 • Age: 45 yrs Listed
Luxury 5 star hotel
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About Cidade de Goa

Cidade de Goa is a publicly listed company based in Dona Paula (India) founded in 1981. Luxury 5 star hotel. The company has 390 employees. Its chief executive, as recorded, is Anju Timblo. Its Indian entity The Indian Hotels Company Limited reported revenue of ₹10,370 Cr. Cidade de Goa offers products and services including Luxury Rooms, Dining Services, Water Sports, and Spa Treatments. Its focus areas include Travel and Hospitality and Hotels.

Company details

Cidade de Goa is a five-star luxury beach resort in Dona Paula, Goa. The company is promoted by Auduth Timblo and operated by Fomento Resorts Hotels Ltd. The company completed an expansion programme in 1990-91, to add 108 additional rooms, restaurants, banquet and conference halls, a business centre and privilege gymkhana facilities at Cidade de Goa. The expansion project was completed in Oct.93. In 1993-94, the company acquired 150 acres of land on lease from the Maharashtra Tourism Development Corporation, for the development of tourism at Mochamad (Sindhudurg district), Maharashtra.

Operational Areas
Travel & Hospitality → Hotels
Key Metrics
  • Market Cap
    ₹1,24,550 Cr

    INDHOTEL · NSE

  • Share Price
    ₹888.00

    +1.49% today

  • Revenue
    ₹9,689 Cr

    FY 2025-26 · +16.3% YoY

  • EBITDA
    ₹3,071 Cr

    Margin 31.7%

  • Net Profit
    ₹1,696 Cr

    FY 2025-26 · +14.6% YoY

  • P/E (TTM)
    63.2x

    P/B 9.3x

  • ROE
    14.9%

    ROCE 18.6%

  • Debt / Equity
    0.24

    Interest cover 9.0x

  • Employee Count
    390

Products & Services of Cidade de Goa

Cidade de Goa offers a comprehensive portfolio of products and services, including Luxury Rooms, Dining Services, Water Sports, and Spa Treatments.

Luxury Rooms
Accommodation

Provides high-end rooms with sea views and modern amenities.

Dining Services
Food and Beverage

Offers various cuisines and cocktails in multiple restaurants.

Water Sports
Recreational Activities

Facilitates beach-based sports for guest entertainment and fitness.

Spa Treatments
Wellness Services

Delivers relaxing therapies to promote health and rejuvenation.

Board of directors of The Indian Hotels Company Limited (Cidade de Goa)

The Indian Hotels Company Limited is the primary company behind Cidade de Goa. The board of The Indian Hotels Company Limited currently have 6 directors; the longest-serving is Chandrasekaran Natarajan, appointed in 2017. 30 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Chandrasekaran Natarajan
DIN 00121863
Director27 Jan 20179 yrs 9 moThe Indian Hotels Company Limited
Puneet Chhatwal
DIN 07624616
Managing Director06 Nov 20179 yrsThe Indian Hotels Company Limited
Hema Ravichandar
DIN 00032929
Director05 Aug 20197 yrs 3 moThe Indian Hotels Company Limited
Nasser Mukhtar Munjee
DIN 00010180
Director05 Aug 20197 yrs 3 moThe Indian Hotels Company Limited
Venkataramanan Anantharaman
DIN 01223191
Director05 Aug 20197 yrs 3 moThe Indian Hotels Company Limited
Anupam Narayan
DIN 05224075
Director23 Aug 20215 yrs 2 moThe Indian Hotels Company Limited

People of Cidade de Goa

1 people are tracked at Cidade de Goa (1 in leadership); the tracked headcount is 390.

NameRoleGroup
Anju Timblo
CEO & MDLeadership
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Complete people profiles for Cidade de Goa

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IPO & Listings of Cidade de Goa

Cidade de Goa is a publicly listed company on the NSE with ticker symbol INDHOTEL in India, operating in the Hotels & Restaurants sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: INDHOTEL
  • Listed entityThe Indian Hotels Company Limited
  • Exchange sectorHotels & Restaurants

Financials of Cidade de Goa

Exchange-reported figures of The Indian Hotels Company Limited, the listed company behind Cidade de Goa (NSE: INDHOTEL).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹9,689 Cr
+16.3% YoY
EBITDA
₹3,071 Cr
+11.0% YoY
Profit After Tax
₹1,696 Cr
+14.6% YoY
Net Worth
₹13,052 Cr
+16.9% YoY
Total Assets
₹17,988 Cr
+14.9% YoY
Total Debt
₹2,837 Cr
-8.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue9,6898,3356,7695,8103,0561,5754,463
Revenue growth+16.3%+23.1%+16.5%+90.1%+94.0%-64.7%-
EBITDA3,0712,7672,1571,796405(362)946
EBITDA margin+31.7%+33.2%+31.9%+30.9%+13.2%-23.0%+21.2%
Profit before tax2,9262,5781,6661,295(258)(850)396
Net profit1,6961,4801,242955(295)(904)278
Net profit margin+17.5%+17.8%+18.4%+16.4%-9.7%-57.4%+6.2%
EPS (₹)14.6413.408.857.06(1.74)(6.05)2.98
Balance sheet
Total assets17,98815,65312,97911,92511,6789,9359,963
Net worth13,05211,1619,4577,9827,0623,6484,357
Total debt2,8373,0842,7363,1393,8885,5184,501
Cash & bank1,8312,1821,4861,0531,188154316
Net working capital9281,367611246447(795)(367)
Cash flow
Cash from operations2,4712,1941,9351,619672(319)823
Cash from investing(1,346)(1,869)(1,208)(138)(1,641)(118)(497)
Cash from financing(976)(547)(985)(1,528)1,659280(265)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue2,4842,3392,7652,8422,0412,0412,4252,533
Revenue growth (YoY)+21.7%+14.6%+14.0%+12.2%+11.8%+31.7%--
Other income81.8580.1879.4933483.3661.0961.6458.68
EBITDA7026739731,076570576854962
EBITDA margin+28.2%+28.8%+35.2%+37.9%+27.9%+28.2%+35.2%+38.0%
Depreciation174163167150145143142134
Interest64.8456.9854.9355.8256.0554.5553.9052.39
Profit before tax5455338301,203453440720834
Tax165142205269137120180220
Net profit380391625934316319540614
EPS (₹)2.462.514.216.352.002.083.674.09
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5,3804,9174,4063,7042,0031,1332,743
Revenue growth+9.4%+11.6%+18.9%+84.9%+76.8%-58.7%-
EBITDA2,1542,0161,6301,368325(277)669
EBITDA margin+40.1%+41.0%+37.0%+36.9%+16.2%-24.5%+24.4%
Profit before tax2,5881,8871,4831,139(27.11)(640)438
Net profit1,4631,3921,128839(16.97)(396)352
Net profit margin+27.2%+28.3%+25.6%+22.7%-0.9%-35.0%+12.8%
EPS (₹)14.139.937.695.94(0.24)(4.41)3.38
Balance sheet
Total assets14,08412,50511,36810,48910,1377,8847,806
Net worth12,76711,25610,1448,8398,1004,2084,584
Total debt1,1821,1661,1531,5481,9463,5902,938
Cash & bank1,3401,7341,0207641,00639.98148
Net working capital7451,174398209515(649)(219)
Cash flow
Cash from operations1,7141,5171,5281,227693(53.21)611
Cash from investing(1,236)(1,220)(1,203)(647)(1,890)(384)(333)
Cash from financing(440)(361)(740)(701)1,804339(235)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,3361,2321,6611,6141,0601,0451,4761,474
Revenue growth (YoY)+26.0%+17.9%+12.5%+9.5%+2.4%+12.2%--
Other income10565.6060.2047410554.6654.8043.34
Total expenses825755880856690682811792
EBITDA511477781757370363666682
EBITDA margin+38.2%+38.7%+47.0%+46.9%+34.9%+34.7%+45.1%+46.3%
Depreciation69.7269.8574.6169.1966.9866.7968.4966.46
Interest24.9724.7925.1225.1625.0624.6024.3525.37
Profit before tax5214487411,137384326628633
Tax12811018321694.6181.39146165

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue2,4842,3392,7652,8422,0412,0412,4252,533
Revenue growth (YoY)+21.7%+14.6%+14.0%+12.2%+11.8%+31.7%--
Other income81.8580.1879.4933483.3661.0961.6458.68
EBITDA7026739731,076570576854962
EBITDA margin+28.2%+28.8%+35.2%+37.9%+27.9%+28.2%+35.2%+38.0%
Depreciation174163167150145143142134
Interest64.8456.9854.9355.8256.0554.5553.9052.39
Profit before tax5455338301,203453440720834
Tax165142205269137120180220
Net profit380391625934316319540614
EPS (₹)2.462.514.216.352.002.083.674.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue9,6898,3356,7695,8103,0561,5754,463
Revenue growth+16.3%+23.1%+16.5%+90.1%+94.0%-64.7%-
Other income681538183151171325195
Total expenses6,6185,5684,6124,0142,6511,9373,517
Employee cost2,4872,1511,8051,5821,1508941,495
EBITDA3,0712,7672,1571,796405(362)946
EBITDA margin+31.7%+33.2%+31.9%+30.9%+13.2%-23.0%+21.2%
Depreciation605518454416406410404
Interest221208220236428403341
Profit before tax2,9262,5781,6661,295(258)(850)396
Tax731617464323(35.78)(155)44.77
Net profit1,6961,4801,242955(295)(904)278
Net profit margin+17.5%+17.8%+18.4%+16.4%-9.7%-57.4%+6.2%
EPS (₹)14.6413.408.857.06(1.74)(6.05)2.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital142142142142142119119
Reserves & surplus12,91011,0189,3147,8406,9203,5304,238
Shareholders' funds (net worth)13,05211,1619,4577,9827,0623,6484,357
Minority interest1,8871,255672660593635765
Secured loans0.001774703351,9474,1432,232
Unsecured loans2,8372,9082,2662,8041,9411,3762,269
Total debt2,8373,0842,7363,1393,8885,5184,501
Total liabilities17,98815,65312,97911,92511,6789,9359,963
Assets
Gross block16,92714,89512,61311,67510,87010,4859,609
Net block12,21010,9189,3118,8198,4158,4388,059
Capital work in progress787633256332194165244
Investments3,6062,2792,2611,8911,9671,4831,427
Inventories15013511610910192.8893.61
Sundry debtors727651476446255220290
Cash & bank balances1,8312,1821,4861,0531,188154316
Loans & advances369303266224228239302
Total current assets3,0773,2712,3441,8331,7727051,001
Total current liabilities2,1491,9041,7331,5871,3241,5001,368
Net working capital9281,367611246447(795)(367)
Total assets17,98815,65312,97911,92511,6789,9359,963
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash25747973678494.27251189
Net cash from operating activities2,4712,1941,9351,619672(319)823
Net cash from investing activities(1,346)(1,869)(1,208)(138)(1,641)(118)(497)
Net cash from financing activities(976)(547)(985)(1,528)1,659280(265)
Net change in cash149(222)(257)(47.14)689(157)61.53
Closing cash1,8312,1821,4861,0531,188154316
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+16.3%+23.1%+16.5%+90.1%+94.0%-64.7%-
EBITDA growth+11.0%+28.3%+20.1%+343.7%+211.9%-138.3%-
PBT growth+13.5%+54.8%+28.7%+9998.0%+69.6%--1.5%
Net income growth+14.6%+19.1%+30.0%+423.6%+67.3%-424.9%-
Revenue CAGR (3Y)+18.6%+39.7%+62.6%+9.2%-12.2%-27.3%+3.5%
EBITDA CAGR (3Y)+19.6%+89.8%-+23.8%-19.9%-+23.6%
Profitability & leverage
Net income margin+22.7%+23.5%+17.8%+16.7%-7.3%-44.1%+7.9%
Return on capital employed+18.6%+18.3%+15.9%+13.6%0.0%0.0%+7.5%
Return on net worth+14.9%+14.9%+13.7%+12.8%0.0%0.0%+6.3%
Debt / equity0.240.280.340.470.881.250.78
Long-term debt / equity0.240.260.290.390.681.000.72
Interest cover8.989.2712.9317.11-32,896.92-52.2262.99
Efficiency & per share
Fixed asset turnover0.610.610.560.520.290.160.52
Inventory turnover67.9566.1759.9955.3231.5516.8951.30
Debtors turnover14.0714.7914.6716.5612.866.1814.60
EPS (₹)14.6413.408.857.06(1.74)(6.05)2.98
Dividend per share (₹)3.252.251.751.000.400.400.50
Book value per share (₹)91.7078.4166.4456.2049.7230.6836.63
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,3361,2321,6611,6141,0601,0451,4761,474
Revenue growth (YoY)+26.0%+17.9%+12.5%+9.5%+2.4%+12.2%--
Other income10565.6060.2047410554.6654.8043.34
Total expenses825755880856690682811792
EBITDA511477781757370363666682
EBITDA margin+38.2%+38.7%+47.0%+46.9%+34.9%+34.7%+45.1%+46.3%
Depreciation69.7269.8574.6169.1966.9866.7968.4966.46
Interest24.9724.7925.1225.1625.0624.6024.3525.37
Profit before tax5214487411,137384326628633
Tax12811018321694.6181.39146165
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5,3804,9174,4063,7042,0031,1332,743
Revenue growth+9.4%+11.6%+18.9%+84.9%+76.8%-58.7%-
Other income811229195107155136210
Total expenses3,2252,9012,7752,3361,6781,4102,075
Employee cost1,020942872762624539725
EBITDA2,1542,0161,6301,368325(277)669
EBITDA margin+40.1%+41.0%+37.0%+36.9%+16.2%-24.5%+24.4%
Depreciation278257228208203204204
Interest99.94100115128304295238
Profit before tax2,5881,8871,4831,139(27.11)(640)438
Tax5764743882967.34(116)36.33
Net profit1,4631,3921,128839(16.97)(396)352
Net profit margin+27.2%+28.3%+25.6%+22.7%-0.9%-35.0%+12.8%
EPS (₹)14.139.937.695.94(0.24)(4.41)3.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital142142142142142119119
Reserves & surplus12,62511,11410,0028,6977,9584,0894,465
Shareholders' funds (net worth)12,76711,25610,1448,8398,1004,2084,584
Secured loans0.000.000.000.000.002,1271,739
Unsecured loans1,1821,1661,1531,5481,9461,4641,200
Total debt1,1821,1661,1531,5481,9463,5902,938
Total liabilities14,08412,50511,36810,48910,1377,8847,806
Assets
Gross block6,1175,7255,3244,7084,4214,3364,088
Net block4,0603,9223,7563,3513,2523,3603,311
Capital work in progress64.8310858.2024211251.72138
Investments8,8976,9096,8506,2815,7744,4104,152
Inventories94.1888.1974.2666.5355.9852.2559.10
Sundry debtors514451403379218197251
Cash & bank balances1,3401,7341,0207641,00639.98148
Loans & advances242195173141149251244
Total current assets2,1902,4681,6701,3511,429541702
Total current liabilities1,4461,2941,2721,1419141,190921
Net working capital7451,174398209515(649)(219)
Total assets14,08412,50511,36810,48910,1377,8847,806
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash41.5110552064033.3213188.93
Net cash from operating activities1,7141,5171,5281,227693(53.21)611
Net cash from investing activities(1,236)(1,220)(1,203)(647)(1,890)(384)(333)
Net cash from financing activities(440)(361)(740)(701)1,804339(235)
Net change in cash38.82(63.24)(416)(120)607(98.15)42.54
Closing cash1,3401,7341,0207641,00639.98148
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+9.4%+11.6%+18.9%+84.9%+76.8%-58.7%-
EBITDA growth+6.9%+23.6%+19.2%+320.9%+217.3%-141.4%-
PBT growth+37.1%+27.3%+30.2%+9998.0%+95.8%-+4.8%
Net income growth+5.1%+23.4%+34.5%+5046.0%+95.7%-212.7%-
Revenue CAGR (3Y)+13.2%+34.9%+57.2%+10.5%-10.4%-24.0%+4.5%
EBITDA CAGR (3Y)+16.3%+83.7%-+26.9%-20.8%-+13.7%
Profitability & leverage
Net income margin+37.4%+28.7%+24.9%+22.8%-1.7%-46.3%+14.6%
Return on capital employed+16.9%+16.7%+14.6%+12.3%+3.3%-2.8%+8.3%
Return on net worth+12.2%+13.2%+11.5%+10.0%-0.3%-9.0%+7.8%
Debt / equity0.100.110.140.210.450.740.52
Long-term debt / equity0.100.110.120.150.350.630.49
Interest cover5.325.698.1911.06249.55-61.2951.07
Efficiency & per share
Fixed asset turnover0.910.890.880.810.460.270.77
Inventory turnover59.0060.5362.5860.4737.0220.3549.74
Debtors turnover11.1611.5211.2712.399.645.0610.95
EPS (₹)14.139.937.695.94(0.24)(4.41)3.38
Dividend per share (₹)3.252.251.751.000.400.400.50
Book value per share (₹)89.6979.0871.2762.2357.0235.3938.54

Web traffic of Cidade de Goa

Websites that share an audience with Cidade de Goa (cidadedegoa.com).

Similar websites

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sandalwoodgoa.com
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99%
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donasylvia.com
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98%
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bambolimbeachresort.com
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94%
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Holiday Inn Resort Goa
holidayinngoa.com
85%
2.6K#6,239,220View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Hotels

3 companies that operate in the same segment as Cidade de Goa (Hotels) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Lemon Tree Hotels
A chain of hotels and resorts is operated.
2002Delhi, Delhi, IndiaUSD 128.72 MUSD 151.13 M7,829
Ginger Hotels
Mid-market hotel chain is operated in 29 Indian cities.
2003Mumbai, Maharashtra, IndiaUSD 76.27 MUSD 43.67 M1,083
FabHotels
Online hotel booking platform
2014Gurugram, Haryana, IndiaUSD 71.89 MUSD 27.76 M541
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Related news about Cidade De Goa

Indian Hotels: Nomura on Indian Hotels Company Maintains Buy, Target Price ₹850; Q2FY27 revenue/EBITDA grew 22%/24% YoY, beating consensus by 5%/3%. FY27 revenue growth guidance was raised to 15–17% from 12–14%, with hotel revenue expected to grow 17–19%; Nomura expects mid-to-high-teens consolidated EBITDA growth in H2FY27 and FY28.
Exchange Update • 18 days ago
Indian Hotels: Raises FY27 Revenue Growth Forecast To 15% To 17%, Surpassing Previous 12% To 14% Guidance By 3%. Hotel Segment Revenue Anticipated To Increase By 17% To 19% For FY27 - Concalls Update.
Exchange Update • 18 days ago
Indian Hotels: Co. Aims For 50 Hotel Openings By FY27, With 30 Planned For The Second Half; Management Expects High Teens CAGR For Management Fee Growth Thanks To Strong Pipeline And New Hotel Contributions.
Exchange Update • 18 days ago
Indian Hotels: Expects FY28 Performance To Match Or Exceed FY27 Unless Major Disruptions Occur.
Exchange Update • 18 days ago
INDHOTEL: Rs. 41.42 Crores BSE Block Trade; for ~ 537,987 Shares, at Rs. 770.00
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Indian Hotels: Boosts Revenue Growth Forecast To 15-17% For FY27, Expects Hotel Segment Growth At 17-19%, Anticipates FY28 Will Outperform FY27.
Exchange Update • 19 days ago
Indian Hotel: Company Reports Demand Surpassing Supply, Expecting Strong Growth Next Quarter
Exchange Update • 28 days ago
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Frequently Asked Questions about Cidade de Goa

Cidade de Goa was founded in 1981.

Cidade de Goa is headquartered in Dona Paula, India. It is registered at Dona Paula, Goa, India.

Anju Timblo is the CEO of Cidade de Goa, as recorded in our data.

Cidade de Goa has 390 employees.

The primary company behind Cidade de Goa, The Indian Hotels Company Limited, reported revenue of ₹10,370 Cr for FY 2026, up 16% year on year.

Cidade de Goa is a five-star luxury beach resort in Dona Paula, Goa. The company is promoted by Auduth Timblo and operated by Fomento Resorts Hotels Ltd. The company completed an expansion programme in 1990-91, to add 108 additional rooms, restaurants, banquet and conference halls, a business centre and privilege gymkhana facilities at Cidade de Goa. The expansion project was completed in Oct.93. In 1993-94, the company acquired 150 acres of land on lease from the Maharashtra Tourism Development Corporation, for the development of tourism at Mochamad (Sindhudurg district), Maharashtra.

Cidade de Goa offers Luxury Rooms, Dining Services, Water Sports, and Spa Treatments.

Yes, Cidade de Goa is publicly traded on NSE under the ticker symbol INDHOTEL.

Cidade de Goa operates through The Indian Hotels Company Limited.

The legal entities of Cidade de Goa currently have 8 directors, including Puneet Chhatwal, Hema Ravichandar, Anupam Narayan and others.

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