Itc Hotels Limited

BSE: 544325 NSE: ITCHOTELS
Itc Hotels Limited - travel and hospitality in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L55101WB2023PLC263914 Incorporated 28 July 2023 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - NSE: ITCHOTELS · BSE: 544325 Public Limited Company travel and hospitality Nifty 500
Data last updated
Market Cap
₹36,931 Cr
ITCHOTELS · NSE
Share Price
₹176.90
-0.21% today
Revenue
₹4,139 Cr
FY 2025-26 · +16.3% YoY
EBITDA
₹1,391 Cr
Margin 33.6%
Net Profit
₹882 Cr
FY 2025-26 · +37.9% YoY
P/E (TTM)
36.7x
P/B 3.1x
ROE
7.3%
ROCE 10.4%
Debt / Equity
0.01
Interest cover 5.7x

About Itc Hotels Limited

Data last updated:

Itc Hotels Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 July 2023.

Itc Hotels is part of the Nifty 500 and BSE 500 indices.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L55101WB2023PLC263914. It is a listed company as per MCA records. Its shares are listed on BSE: 544325 and NSE: ITCHOTELS.

The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹208.3 Cr. It is led by directors including Anil Chadha (Managing Director) and Mukesh Gupta.

Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kolkata, West Bengal.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,139.4 Cr, a growth of 16.3% compared to the previous year. For the same year it recorded a net profit of ₹881.71 Cr (net margin 21.3%) and EBITDA of ₹1,391.13 Cr (EBITDA margin 33.6%). The net worth stands at ₹11,658 Cr (up 9% YoY). Total assets are valued at ₹11,877 Cr (up 9.1% YoY).

Company details

CIN L55101WB2023PLC263914
Registration Number 263914
Incorporation Date 28 July 2023
ROC Kolkata
Listing Status Listed - Listed on NSE (ITCHOTELS); Listed on BSE (544325)
Company Status Active
Date of Last AGM 11 August 2025
Date of Balance Sheet 31 March 2026

CIN history

Itc Hotels has one previous CIN (Corporate Identification Number): U55101WB2023PLC263914. The current CIN is L55101WB2023PLC263914, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L55101WB2023PLC263914Current
U55101WB2023PLC263914Previous
Key People
Anil Chadha Managing Director Mukesh Gupta Director Kamal Bali Director

Recognitions & Rankings of Itc Hotels

Stock market indices
Nifty 500 BSE 500

Contact details

Itc Hotels Limited's registered office is in Kolkata, West Bengal.

  • Registered Address
    Virginia House, 37 Jawaharlal Nehru Road, Kolkata, West Bengal, India – 700071
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services
Comprehensive company report
Itc Hotels 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
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Financials of Itc Hotels Limited

FY 2025-26 filings available

Itc Hotels Limited reported revenue of ₹4,139.4 Cr (up 16.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹4,139 Cr
+16.3% YoY
EBITDA
₹1,391 Cr
+11.6% YoY
Profit After Tax
₹882 Cr
+37.9% YoY
Net Worth
₹11,658 Cr
+9.0% YoY
Total Assets
₹11,877 Cr
+9.1% YoY
Total Debt
₹74.19 Cr
+1.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue4,1393,5602,224
Revenue growth+16.3%+60.0%-
EBITDA1,3911,247765
EBITDA margin+33.6%+35.0%+34.4%
Profit before tax1,123884565
Net profit882639426
Net profit margin+21.3%+18.0%+19.1%
EPS (₹)3.923.055.08
Balance sheet
Total assets11,87710,8908,810
Net worth11,65810,6928,498
Total debt74.1973.3073.59
Cash & bank7651,654197
Net working capital1,2572,123489
Cash flow
Cash from operations1,110801672
Cash from investing(1,174)(2,203)(753)
Cash from financing18.571,430127
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,0549361,2541,2318398161,0611,015
Revenue growth (YoY)+25.6%+14.8%+18.2%+21.2%+7.9%+15.5%--
Other income55.1762.1860.0150.4748.9348.2342.7118.99
EBITDA337292466383246245412381
EBITDA margin+32.2%+31.5%+37.5%+31.3%+29.5%+30.2%+39.2%+37.9%
Depreciation11210410610410410299.80104
Interest2.192.002.172.191.911.661.681.65
Profit before tax278248418327189189354294
Tax75.3366.2910190.3055.4055.0995.6777.98
Net profit203182317237133134258216
EPS (₹)0.960.871.521.130.640.641.231.03
MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue3,5833,2792,124
Revenue growth+9.3%+54.4%-
EBITDA1,2801,222748
EBITDA margin+35.7%+37.3%+35.2%
Profit before tax1,111934539
Net profit874702408
Net profit margin+24.4%+21.4%+19.2%
EPS (₹)3.983.364.87
Balance sheet
Total assets12,08211,2219,077
Net worth11,89211,0488,910
Total debt128127127
Cash & bank7311,50084.06
Net working capital157997(577)
Cash flow
Cash from operations1,058930722
Cash from investing(1,064)(2,335)(542)
Cash from financing15.131,425(177)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue8858081,0261,052761744981939
Revenue growth (YoY)+16.3%+8.7%+4.6%+12.1%+7.3%+14.4%--
Other income52.3650.7749.2245.2445.1638.9335.3711.23
Total expenses584546622690527506587569
EBITDA301263404362234237395370
EBITDA margin+34.2%+32.8%+39.7%+34.6%+31.1%+32.2%+40.5%+39.9%
Depreciation72.2973.3073.5174.0073.3772.7872.2274.66
Interest2.862.852.852.842.832.812.822.85
Profit before tax278237377330203201355304
Tax70.5660.3295.4383.8951.7351.0290.9075.86

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1,0549361,2541,2318398161,0611,015
Revenue growth (YoY)+25.6%+14.8%+18.2%+21.2%+7.9%+15.5%--
Other income55.1762.1860.0150.4748.9348.2342.7118.99
EBITDA337292466383246245412381
EBITDA margin+32.2%+31.5%+37.5%+31.3%+29.5%+30.2%+39.2%+37.9%
Depreciation11210410610410410299.80104
Interest2.192.002.172.191.911.661.681.65
Profit before tax278248418327189189354294
Tax75.3366.2910190.3055.4055.0995.6777.98
Net profit203182317237133134258216
EPS (₹)0.960.871.521.130.640.641.231.03
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue4,1393,5602,224
Revenue growth+16.3%+60.0%-
Other income20483.9021.08
Total expenses2,7482,3131,459
Employee cost791701424
EBITDA1,3911,247765
EBITDA margin+33.6%+35.0%+34.4%
Depreciation417402201
Interest55.4544.2220.17
Profit before tax1,123884565
Tax302246141
Net profit882639426
Net profit margin+21.3%+18.0%+19.1%
EPS (₹)3.923.055.08
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital20820883.00
Reserves & surplus11,45010,4848,415
Shareholders' funds (net worth)11,65810,6928,498
Minority interest40.6936.2733.25
Secured loans0.000.000.00
Unsecured loans74.1973.3073.59
Total debt74.1973.3073.59
Total liabilities11,87710,8908,810
Assets
Gross block10,87910,6058,489
Net block8,0898,1896,436
Capital work in progress2071581,768
Investments1,956676204
Inventories1,2401,2411,037
Sundry debtors230202145
Cash & bank balances7651,654197
Loans & advances19818792.26
Total current assets2,4333,2831,471
Total current liabilities1,1761,160982
Net working capital1,2572,123489
Total assets11,87710,8908,810
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash78.7149.320.00
Net cash from operating activities1,110801672
Net cash from investing activities(1,174)(2,203)(753)
Net cash from financing activities18.571,430127
Net change in cash(45.80)27.3946.81
Closing cash7651,654197
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth+16.3%+60.0%-
EBITDA growth+11.6%+62.9%-
PBT growth+27.0%+56.6%+9997.0%
Net income growth+37.9%+50.1%-
Profitability & leverage
Net income margin+19.8%+17.9%+19.1%
Return on capital employed+10.4%+9.5%+6.7%
Return on net worth+7.4%+6.7%+5.0%
Debt / equity0.010.010.01
Long-term debt / equity0.010.010.01
Interest cover5.695.243.58
Efficiency & per share
Fixed asset turnover0.390.370.26
Inventory turnover3.343.132.15
Debtors turnover19.1620.5615.39
EPS (₹)3.923.055.08
Dividend per share (₹)1.000.000.00
Book value per share (₹)55.9751.38102.38
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue8858081,0261,052761744981939
Revenue growth (YoY)+16.3%+8.7%+4.6%+12.1%+7.3%+14.4%--
Other income52.3650.7749.2245.2445.1638.9335.3711.23
Total expenses584546622690527506587569
EBITDA301263404362234237395370
EBITDA margin+34.2%+32.8%+39.7%+34.6%+31.1%+32.2%+40.5%+39.9%
Depreciation72.2973.3073.5174.0073.3772.7872.2274.66
Interest2.862.852.852.842.832.812.822.85
Profit before tax278237377330203201355304
Tax70.5660.3295.4383.8951.7351.0290.9075.86
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue3,5833,2792,124
Revenue growth+9.3%+54.4%-
Other income17854.519.12
Total expenses2,3032,0581,376
Employee cost705621390
EBITDA1,2801,222748
EBITDA margin+35.7%+37.3%+35.2%
Depreciation294297196
Interest53.3144.9522.25
Profit before tax1,111934539
Tax282236135
Net profit874702408
Net profit margin+24.4%+21.4%+19.2%
EPS (₹)3.983.364.87
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital20820883.00
Reserves & surplus11,68410,8408,827
Shareholders' funds (net worth)11,89211,0488,910
Secured loans0.000.000.00
Unsecured loans128127127
Total debt128127127
Total liabilities12,08211,2219,077
Assets
Gross block8,2018,0867,926
Net block5,7265,8575,954
Capital work in progress87.4044.7555.42
Investments5,7914,6163,850
Inventories40.1837.4631.48
Sundry debtors149189130
Cash & bank balances7311,50084.06
Loans & advances13215677.50
Total current assets1,0521,882323
Total current liabilities895885901
Net working capital157997(577)
Total assets12,08211,2219,077
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash22.692.560.00
Net cash from operating activities1,058930722
Net cash from investing activities(1,064)(2,335)(542)
Net cash from financing activities15.131,425(177)
Net change in cash8.4420.132.56
Closing cash7311,50084.06
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth+9.3%+54.4%-
EBITDA growth+4.8%+63.2%-
PBT growth+19.0%+73.2%+9997.0%
Net income growth+24.4%+72.2%-
Profitability & leverage
Net income margin+23.1%+21.3%+19.0%
Return on capital employed+10.0%+9.7%+6.2%
Return on net worth+7.2%+7.0%+4.5%
Debt / equity0.010.010.01
Long-term debt / equity0.010.010.01
Interest cover5.404.864.03
Efficiency & per share
Fixed asset turnover0.440.410.27
Inventory turnover92.3095.1367.48
Debtors turnover21.2120.5516.29
EPS (₹)3.983.364.87
Dividend per share (₹)1.000.000.00
Book value per share (₹)57.0953.09107.35

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

Board of directors of Itc Hotels Limited

Itc Hotels has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukesh Gupta
Also directs: DCM Shriram International Limited, Runwal Residency Private Limited, CFM Asset Reconstruction Private Limited and 1 more
Director26 Nov 20241 Years 11 MonthsCurrent
Kamal Bali
Also directs: Volvo Group India Private Limited, Volvo Financial Services (India) Private Limited, Federation of European Business in India and 1 more
Director14 Dec 20241 Years 10 MonthsCurrent
Rajendra Kumar Singhi
Also directs: Itc Infotech India Limited, Russell Credit Ltd
Non- Individual Subscriber28 Jul 20233 Years 3 MonthsCurrent
Anil Chadha
Also directs: International Travel House Limited, Gujarat Hotels Limited, Fortune Park Hotels Limited and 1 more
Managing Director24 Apr 20242 Years 6 MonthsCurrent
Ramesh Prathivadibhayankara Rajagopalan
Also directs: Nestle India Limited, Cipla Limited, Crompton Greaves Consumer Electricals Limited and 5 more
Director30 Apr 20242 Years 6 MonthsCurrent
Sanjiv Puri
Also directs: Itc Infotech India Limited, Itc Limited, Indian School of Business and 1 more
Director24 Apr 20242 Years 6 MonthsCurrent
Showing 6 of 9 current directors. View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Itc Hotels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Itc Hotels Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Itc Hotels Limited has 27 board changes on record since 2023: 16 appointments and 11 cessations. The latest: Anil Chadha ceased to be Director on 31 Dec 2024.

Filing
Itc Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
AGM
Itc Hotels Limited last Annual general meeting of members was held on 11 Aug 2025 as per latest MCA records.
Ceased
Anil Chadha ceased to be Director.
Ceased
Indu Bhushan ceased to be Additional Director.
Ceased
Kamal Bali ceased to be Additional Director.
Ceased
Mukesh Gupta ceased to be Additional Director.
Ceased
Ramesh Prathivadibhayankara Rajagopalan ceased to be Director.
Ceased
Tablesh Pandey ceased to be Additional Director.
Ceased
Vrinda Sarup ceased to be Additional Director.
Appointed
Ashish Thakar was appointed as CFO.
Appointed
Indu Bhushan was appointed as Director.
Appointed
Kamal Bali was appointed as Director.

18 earlier events are in the company report.

News

ITC Hotels: Jefferies on ITC Hotels Maintains Buy, Target Price ₹220; Q2 consolidated EBITDA rose 37% YoY, beating estimates by 12%, while hotel revenue and EBITDA excluding Sri Lankan residences grew 17% and 28%, respectively. RevPAR rose 21%, management fees grew 25%, and the company targets 10% key CAGR over FY26–31; raises EBITDA estimates by 3–5%.
27 Oct 2026 · Exchange Update
ITC Hotels: HSBC on ITC Hotels Maintains Buy, Target Price ₹205; Q2 EBITDA beat consensus by 6%, with margins expanding 200bps and RevPAR rising 21% YoY. Management indicated low-double-digit to mid-teen earnings growth over the next 3–4 years, although Colombo assets and treasury income keep group ROCE below domestic operating ROCE of 19.5%.
27 Oct 2026 · Exchange Update
ITCHOTELS: Q2 CONS NET PROFIT 2.01B RUPEES VS 1.33B (YOY); EST 1.84B
26 Oct 2026 · Exchange Update
ITCHOTELS: Q2 EBITDA 3.4B RUPEES VS 2.5B (YOY); Q2 EBITDA MARGIN 32.3% VS 29.7% (YOY)
26 Oct 2026 · Exchange Update
ITCHOTELS: Q2 REVENUE 10.5B RUPEES VS 8.4B (YOY)
26 Oct 2026 · Exchange Update
ITC Hotels: Jefferies on ITC Hotels Maintains Buy with Target Price of ₹210 as the company targets a 2/3 managed-key mix versus ~60% currently, expanding inventory from ~14,300 to ~22,000 keys, supporting margin and ROCE expansion, while improving Sri Lanka operations, strong domestic leisure demand and supply-constrained metro markets support revenue growth.
22 Sep 2026 · Exchange Update

Frequently asked questions

Itc Hotels is an active public limited company based in Kolkata, West Bengal, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 28 July 2023 (3+ years old) and is registered under CIN L55101WB2023PLC263914. Listed on BSE: 544325 and NSE: ITCHOTELS.

Itc Hotels reported revenue of ₹4,139.4 Cr for FY 2025-26 (up 16.3% YoY) based on consolidated financials.

Itc Hotels has 9 current directors:

The latest financial statements of Itc Hotels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 August 2025. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of Itc Hotels is L55101WB2023PLC263914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Itc Hotels is a listed company as per MCA records. Its shares are listed on both BSE (code: 544325) and NSE (symbol: ITCHOTELS).

Itc Hotels was incorporated on 28 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Kolkata.

Anil Chadha ceased to be Director on 31 Dec 2024. Indu Bhushan ceased to be Additional Director on 30 Dec 2024. Kamal Bali ceased to be Additional Director on 30 Dec 2024. Itc Hotels has 27 board changes on record in total.

The registered office of Itc Hotels is at Virginia House, 37 Jawaharlal Nehru Road, Kolkata, West Bengal, India – 700071.

Itc Hotels operates in the travel and hospitality industry, in the hotel and accommodation services segment.