Hospitality Stocks – Explore How The Hotel Sector Performed in Q3!
The hospitality industry is crucial to the economy, driven by tourism, business travel, and evolving customer experiences. With increasing demand, this sector is witnessing significant growth, offering attractive investment opportunities.
In this article, we will explore the Best Hospitality Stocks in India and their recent performance.
Below is the list of Top Hospitality Stocks based on the Q3 Performance:
| Stock Name | Market Cap (In Cr) | Close Price ₹ | Open Price ₹ | PE Ratio |
| Chalet Hotels Ltd | 14,739 | 674.7 | 673 | 145.77 |
| Indian Hotels Company Ltd | 1,04,871 | 736.5 | 735 | 77.08 |
| Mahindra Holidays and Resorts India Ltd | 6,441 | 319 | 325.7 | 36.21 |
| Oriental Hotels Ltd | 2,537 | 142.05 | 141.8 | 62.07 |
| Samhi Hotels Ltd | 3,509 | 159.49 | 160.9 | 68.91 |
| TAJ GVK Hotels and Resorts Ltd | 2,467 | 393.5 | 398.1 | 26.79 |
Discover the leading Hospitality Stocks in India and unlock new investment opportunities in this sector!
Hospitality Stocks
The hospitality sector encompasses hotels, resorts, and tourism services, offering diverse growth opportunities. The following stocks represent companies with strong fundamentals and the potential to benefit from rising demand and expanding customer preferences.
Ready to explore the hospitality sector? Check out the Best Hospitality Stocks in India today!
Chalet Hotels Ltd
Chalet Hotels Ltd is a leading hospitality and real estate company in India. It owns and manages high-end hotels and commercial properties in prime locations. Known for its premium offerings, it caters to business and luxury travellers across major metropolitan cities.
Chalet Hotels Ltd posted Q3 2024 revenue of ₹445.74 crore, up 17.8% from ₹378.39 crore in Q3 2023. The operating profit margin increased to 48.39% from 46.89%, while EPS improved 31.2% to ₹4.67, compared to ₹3.56 last year.
Indian Hotels Company Ltd
Indian Hotels Company Ltd (IHCL), established in 1903, is one of India’s largest hospitality companies. It operates the iconic Taj Hotels and other brands across luxury, upscale, and budget segments. IHCL is known for its world-class services and strong global presence.
Indian Hotels Company Ltd recorded Q3 2024 revenue of ₹1,516.95 crore, a 14.6% rise from ₹1,323.19 crore in Q3 2023. The operating profit margin grew to 49.22% from 46.92%, with EPS rising 23.1% to ₹3.30 from ₹2.68 in the previous year.
Mahindra Holidays and Resorts India Ltd
Mahindra Holidays and Resorts India Ltd was founded in 1996 and is a leader in the vacation ownership industry. It operates under the Club Mahindra brand, offering family holiday experiences. The company manages resorts at scenic destinations across India and abroad.
Mahindra Holidays and Resorts India Ltd reported Q3 2024 revenue of ₹391.42 crore, a 4.9% increase from ₹372.99 crore in Q3 2023. The operating profit margin dipped slightly to 35.29% from 35.86%, while EPS dropped 25.4% to ₹2.52, down from ₹3.38 last year.
Oriental Hotels Ltd
Oriental Hotels Ltd, incorporated in 1970, is a part of the Taj Group. It operates luxury and business hotels primarily in southern India. The company is known for providing high-quality hospitality services and enhancing the travel experience for leisure and business travellers.
Oriental Hotels Ltd registered Q3 2024 revenue of ₹122.05 crore, up 15.1% from ₹106.07 crore in Q3 2023. The operating profit margin declined to 28.74% from 32.17%, and EPS fell 15.2% to ₹0.78 from ₹0.92 in the same quarter last year.
Samhi Hotels Ltd
Samhi Hotels Ltd is a prominent hotel ownership and asset management platform in India. It focuses on upscale and mid-market hotels, partnering with renowned international hotel brands. Samhi offers modern accommodations that meet the needs of business and leisure travellers.
Samhi Hotels Ltd reported Q3 2024 revenue of ₹40.60 crore, a slight increase from ₹39.85 crore in Q3 2023. The operating profit margin surged to 32.97% from -186.22%, while EPS turned positive at ₹0.01, compared to a loss of ₹-3.72 last year.
TAJ GVK Hotels and Resorts Ltd
TAJ GVK Hotels and Resorts Ltd is a joint venture between IHCL and GVK Group, established in 1999. It operates luxury hotels in key cities in South India. Known for its world-class hospitality, it caters to business and leisure travellers with premium services.
TAJ GVK Hotels and Resorts Ltd posted Q3 2024 revenue of ₹128.66 crore, a 14.9% increase from ₹111.93 crore in Q3 2023. The operating profit margin rose to 40.44% from 37.03%, with EPS jumping 39.9% to ₹5.40 from ₹3.86 in the same period last year.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time.
