The Indian Hotels Company Limited

BSE: 500850 NSE: INDHOTEL
The Indian Hotels Company Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L74999MH1902PLC000183 Incorporated 01 April 1902 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: INDHOTEL · BSE: 500850 Public Limited Company travel and hospitality Fortune India 500 · #294 India's Most Valuable Nifty 500
Market Cap
₹1,24,266 Cr
INDHOTEL · NSE
Share Price
₹882.00
+1.03% 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)
63.5x
P/B 9.3x
ROE
14.9%
ROCE 18.6%
Debt / Equity
0.24
Interest cover 9.0x

About The Indian Hotels Company Limited

Data last updated:

The Indian Hotels Company Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 April 1902 and has been in existence for over 124 years.

The Indian Hotels Company is ranked #294 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH1902PLC000183. Its GSTIN is 27AAACT3957G1Z7 (Maharashtra). The company holds 48 GST registrations, of which 29 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500850 and NSE: INDHOTEL.

The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹142.34 Cr. It is led by directors including Puneet Chhatwal (Managing Director) and Hema Ravichandar.

Its last annual general meeting (AGM) was held on 30 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mandlik House Mandlik Road, Mumbai, Maharashtra, India – 400001.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹9,689.22 Cr, a growth of 16.3% compared to the previous year. For the same year it recorded a net profit of ₹1,696.18 Cr (net margin 17.5%) and EBITDA of ₹3,071.33 Cr (EBITDA margin 31.7%). The net worth stands at ₹13,052 Cr (up 16.9% YoY). Total assets are valued at ₹17,988 Cr (up 14.9% YoY).

The company has about 8,861 employees on its provident fund (EPFO) records. Its group structure includes 21 subsidiaries and 5 joint ventures.

The company is associated with 8 brands, including Tajness, Sawaivilas, ama Stays and Trails, Vivanta Hotels, Indian Hotels and others. As per MCA filings, the company has open charges of ₹299.13 Cr and satisfied charges of ₹4,426.29 Cr on record. Court records list 452 cases involving the company, including 283 filed by the company and 169 filed against it; 125 cases are pending. The company has 41 deals on record (27 market trades, 7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2,936.86 Cr; the latest was in July 2024. The company has 21 MSME Form 1 returns on record between 2019 and 2024, listing 299 overdue payments to 156 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tajhotels.com.

Company details

CIN L74999MH1902PLC000183
Registration Number 000183
Incorporation Date 01 April 1902
ROC Mumbai
Listing Status Listed - Listed on NSE (INDHOTEL); Listed on BSE (500850)
Company Status Active
Compliance Status Active Compliant
Key People
Puneet Chhatwal Managing Director Hema Ravichandar Director Anupam Narayan Director

Recognitions & Rankings of The Indian Hotels Company

Fortune India 500 2025 edition
Rank#294
Total income
₹8,872 Cr
Profit
₹1,908 Cr
Last year #323
India's Most Valuable Companies 2025 edition · Source: Hurun India
Valuation
₹90,510 Cr
2024 #46 2023 #86 2022 #88
Stock market indices
Nifty 500 BSE 500

Contact details

The Indian Hotels Company Limited's registered office is in Mumbai, Maharashtra. Its website is tajhotels.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    tajhotels.com
  • Social Media
  • Apps
  • Registered Address
    Mandlik House Mandlik Road, Mumbai, Maharashtra, India – 400001
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of The Indian Hotels Company Limited, buy the company report.

Comprehensive company report
The Indian Hotels Company Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

The Indian Hotels Company operates multiple associated brands including Tajness, Sawaivilas, and ama Stays and Trails. Each brand links to its own profile.

BrandDescriptionWebsite
Sawaivilas
Luxury hotel providing safari experiences, dining, and stays near Ranthambore National Park.sawaivilas.com
ama Stays and Trails
Offers luxury villas and bungalows for rent in India.amastaysandtrails.com
Vivanta Hotels
Provides modern hotels, dining, and spa services for business and leisure travelers.vivantahotels.com
Indian Hotels
Luxury hotels and resorts are owned and operated internationally.tajhotels.com
IHCL Tata
A leading hospitality company managing luxury hotels and services worldwide.ihcltata.com
Taj Air
Exclusive air charter services in India, associated with the Tata group.tajair-tata.aero
Tajness
Luxury hotel chain offering stays, dining, and events in various destinations.tajness.in
Cidade de Goa
Luxury 5 star hotelcidadedegoa.com

Business activity

The main business activities of The Indian Hotels Company are accommodation and food service activities and accommodation and food service. In detail, this covers accommodation and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food service activities55Accommodation
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.

To see the full business activity and turnover split of The Indian Hotels Company Limited, buy the company report.

Financials of The Indian Hotels Company Limited

FY 2025-26 filings available

The Indian Hotels Company Limited reported revenue of ₹9,689.22 Cr (up 16.3% YoY) for FY 2025-26.

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 12 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

To see the full year-wise statements and ratios of The Indian Hotels Company Limited, buy the company report.

Board of directors of The Indian Hotels Company Limited

The Indian Hotels Company has 6 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Puneet Chhatwal
Also directs: Tata Digital Private Limited, Oriental Hotels Limited, Titan Company Limited and 4 more
Managing Director06 Nov 20179 Years 0 MonthsCurrent
Hema Ravichandar
Also directs: Trent Limited, Bosch Limited, Feedback Business Consulting Services Private Limited
Director05 Aug 20197 Years 3 MonthsCurrent
Anupam NarayanDirector23 Aug 20215 Years 2 MonthsCurrent
Chandrasekaran Natarajan
Also directs: Tata Consumer Products Limited, Tata Consultancy Services Limited, Tata Steel Limited and 5 more
Director27 Jan 20179 Years 9 MonthsCurrent
Nasser Mukhtar Munjee
Also directs: Allied Blenders and Distillers Limited, DCB Bank Limited, MMTC - Pamp India Private Limited and 4 more
Director05 Aug 20197 Years 3 MonthsCurrent
Venkataramanan Anantharaman
Also directs: Axis Asset Management Company Limited, Iifl Home Finance Limited, Transunion Cibil Limited
Director05 Aug 20197 Years 3 MonthsCurrent
View all directors

Auditor

The Indian Hotels Company Limited is audited by B S R & Co. LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
B S R & Co. LLPFY 2024101248W/W-100022

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 38.10%, foreign institutional investors hold 21.70%, domestic institutional investors hold 24.60% and retail and other public shareholders hold 15.60%.

Promoters: 38.10%DII (Domestic Institutional): 24.60%FII (Foreign Institutional): 21.70%Retail & Others: 15.60%
Sep 2026
QUARTER
38.10% Promoters
24.60% DII (Domestic Institutional)
21.70% FII (Foreign Institutional)
15.60% Retail & Others
Promoter holding - history
Now 38.10% · Sep 2026High 38.10% · Dec 2025Low 38.10% · Dec 2025
37%37.8%38.5%39.3%40%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 38.10%Mar 2026: 38.10%Jun 2026: 38.10%Sep 2026: 38.10%38.10%38.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters38.10%38.10%38.10%38.10%
Public61.90%61.90%61.90%61.90%

Charges & borrowings

Open charges
₹299.13 Cr
Satisfied charges
₹4,426.29 Cr
Breakdown by lending institutions
Scici Limited₹127.31 Cr
Anz Grindlays Bank Ltd.₹35.00 Cr
Central Bank of India₹31.50 Cr
Icici Ltd₹29.38 Cr
Central Bank of India₹15.00 Cr
Others₹60.94 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Sep 200090164075Bank of India₹1 CrOpen
28 Jun 200090234669Icici Ltd₹29.38 CrOpen
10 Oct 199790218133Central Bank of India₹1.5 CrOpen
27 Jun 199790163555Centurion Bank Limited₹8 CrOpen
05 Apr 199790218081Citi Bank Na₹5 CrOpen

To see the full charge records of The Indian Hotels Company Limited, buy the company report.

Total charge records: 72 View all charges

Deals & funding

The Indian Hotels Company Limited has 41 deals on record (27 market trades, 7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2,936.86 Cr; the latest was in July 2024.

Total deals
41
Market trades
27
Funding rounds
7
Secondary share transfers
3
Rights issues
2
Disclosed funding
₹2,936.86 Cr

Deals on record (5 of 41)

WhenDealAmountParties
Mar 2020Market trade₹177.93 CrBuyer: Tata Sons Private Limited
Mar 2018Market trade₹2,059.6 CrBuyer: Tata Sons Private Limited
Seller: Sir Dorabji Tata Trust, Lady Tata Memorial Trust, Sir Ratan Tata Trust
Sep 2012Market trade₹28.85 CrBuyer: Tata Sons Private Limited
Jun 2012Funding round₹497.47 CrInvestors: Tata Sons Private Limited
May 2011Market trade₹21.3 CrBuyer: Tata Sons Private Limited
Seller: Piem Hotels Limited

To see the full deal history of The Indian Hotels Company Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

The Indian Hotels Company Limited was last rated by Care on 06 Jan 2022.

Rating agencyRated onRating
Care06 Jan 2022

To see the full credit ratings and regulatory alerts of The Indian Hotels Company Limited, buy the company report.

MSME payment delays

The Indian Hotels Company Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 299 overdue payments to 156 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 156)

SupplierAmount dueDue sinceReported on
Prerna Engineering Education Group Private Limited
an individual supplier
Saksham Impex Private Limited
an individual supplier
Dugar Polymers Limited

To see the full MSME payment records of The Indian Hotels Company Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

The Indian Hotels Company has 21 subsidiary companies, 5 joint ventures, and 3 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

21
Subsidiary companies
5
Joint ventures
3
Associated companies
Key subsidiaries
Company NameCINShares held
Benares Hotels LimitedL55101UP1971PLC003480
Skydeck Properties and Developers Private LimitedU45200MH1998PTC114881
Roots Corporation LimitedU55100MH2003PLC143639
Luthria & Lalchandani Hotel & Properties Private LimitedU55100MH2008PTC178963
Suisland Hospitality Private LimitedU55100MH2022PTC388985
Taj Enterprises LimitedU55101DL1979PLC009746

To see the full group structure of The Indian Hotels Company Limited, buy the company report.

Employees & EPFO

The Indian Hotels Company Limited has a workforce of 8,861 employees on its EPFO records as of May 2026, across 23 active EPFO establishments.

Employee count
8,861
Active EPFO establishments
23
Employee growth
-1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-278,861
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17
FY 2015-16

To see the full employee and EPFO history of The Indian Hotels Company Limited, buy the company report.

GST

The Indian Hotels Company has 48 GST registrations: 29 active and 19 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
48
Active
29
Cancelled / inactive
19
GSTINStateStatusRegistered on
27AAACT3957G1Z7MaharashtraActive01 Jul 2017
27AAACT3957G3Z5MaharashtraActive01 Jul 2017
27AAACT3957G2Z6MaharashtraActive26 Jul 2017
27AAACT3957G6Z2MaharashtraActive19 Mar 2019

To see the full GST registrations and return filing status of The Indian Hotels Company Limited, buy the company report.

Recent activity

The Indian Hotels Company Limited has 62 board changes on record since 1964: 35 appointments and 27 cessations. The latest: Ankur Dalwani was appointed as CFO on 09 Jul 2024.

AGM
The Indian Hotels Company Limited last Annual general meeting of members was held on 30 Jun 2026 as per latest MCA records.
Filing
The Indian Hotels Company Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge registered on 17 Jan 2022 via Charge ID 100534427 with Axis Bank Limited was fully satisfied on 24 Nov 2025.
Charges
A charge registered on 17 Jan 2022 via Charge ID 100534433 with Axis Bank Limited was fully satisfied on 24 Nov 2025.
Charges
A charge registered on 24 Nov 2021 via Charge ID 100508043 with Axis Bank Limited was fully satisfied on 24 Nov 2025.
Appointed
Ankur Dalwani was appointed as CFO.
Ceased
Giridhar Sanjeevi ceased to be CFO.
Ceased
Mehernosh Sorab Kapadia ceased to be Director.
Ceased
Venu Srinivasan ceased to be Director.
Charges
A charge registered on 20 Apr 2017 via Charge ID 100106721 with Others was fully satisfied on 27 May 2022.
Charges
A charge registered on 13 Oct 2021 via Charge ID 100495104 with Others was fully satisfied on 12 Apr 2022.
Charges
A charge registered on 23 Feb 2021 via Charge ID 100425888 with Others was fully satisfied on 12 Apr 2022.

186 earlier events are in the company report.

News

INDHOTEL: RS. 66.15 CRORES BSE BLOCK TRADE; FOR ~ 741,311 SHARES, AT RS. 892.40
09 Nov 2026 · Exchange Update
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.
22 Oct 2026 · Exchange Update
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.
22 Oct 2026 · Exchange Update
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.
22 Oct 2026 · Exchange Update
Indian Hotels: Expects FY28 Performance To Match Or Exceed FY27 Unless Major Disruptions Occur.
22 Oct 2026 · Exchange Update
INDHOTEL: Rs. 41.42 Crores BSE Block Trade; for ~ 537,987 Shares, at Rs. 770.00
22 Oct 2026 · Exchange Update

Frequently asked questions

The Indian Hotels Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 April 1902 (124+ years old) and is registered under CIN L74999MH1902PLC000183. Listed on BSE: 500850 and NSE: INDHOTEL.

The Indian Hotels Company reported revenue of ₹9,689.22 Cr for FY 2025-26 (up 16.3% YoY) based on consolidated financials.

The Indian Hotels Company has 6 current directors:

The latest financial statements of The Indian Hotels Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of The Indian Hotels Company is 27AAACT3957G1Z7, registered in Maharashtra. The company has 48 GST registrations in all, of which 29 are active and 19 are cancelled or inactive. Other active GSTINs include 27AAACT3957G3Z5 (Maharashtra), 27AAACT3957G2Z6 (Maharashtra), 27AAACT3957G6Z2 (Maharashtra).

The CIN (Corporate Identification Number) of The Indian Hotels Company is L74999MH1902PLC000183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. The Indian Hotels Company is a listed company as per MCA records. Its shares are listed on both BSE (code: 500850) and NSE (symbol: INDHOTEL).

The Indian Hotels Company has 452 court cases on record: 283 filed by the company and 169 filed against it. 125 are pending. Most are in the high courts.

The Indian Hotels Company was incorporated on 01 April 1902, making it 124+ years old. It is registered with the Registrar of Companies, Mumbai.

The Indian Hotels Company has 41 deals on record (27 market trades, 7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2,936.86 Cr; the latest was in July 2024.

Ankur Dalwani was appointed as CFO on 09 Jul 2024. Giridhar Sanjeevi ceased to be CFO on 30 Jun 2024. Mehernosh Sorab Kapadia ceased to be Director on 22 May 2023. The Indian Hotels Company has 62 board changes on record in total.