Chalet Hotels Limited
NSE: CHALET · Hotels & Resorts · sector
₹798.40NSE close 2026-10-26
Key numbers
Market cap₹17,484 cr
Price₹798.40
52w high / low₹978 / ₹691
P/E33.1xSector median 21.6x
P/B4.7xSector median 1.8x
Book value₹168.8
Dividend yield0.12%Sector median 0.58%
ROE15.7%Sector median 6.5%
ROCE14.2%Sector median 9.1%
OPM44.1%Sector median 26.3%
Debt / equity0.63xSector median 0.20x
EV/EBITDA18.5xSector median 12.9x
Interest cover5.0x
Current ratio0.70x
Sales growth 3y+34.9%Sector median +7.8%
Profit growth 3y+52.1%Sector median +10.9%
PEG0.67x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 64 companies in Hotels & Resorts (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹323 cr vs borrowings ₹2,324 cr (FY26): borrowings are higher by ₹2,001 cr.
- Operating profit covered interest 5.0x in the last 12 months.
- 31.91% of the promoters' shares are pledged (21.5% of all shares).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 7% of net profit in the last 12 months.
- Dividend paid in 1 of the last 5 financial years.
- Price ₹798.40 on 2026-10-26: -18.3% from the 52-week high, +15.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,055.80 · low ₹693.65
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 377 | 458 | 522 | 895 | 735 | 582 | 558 | 512 |
| EBITDA | 150 | 205 | 241 | 357 | 299 | 264 | 266 | 224 |
| OPM % | 39.7% | 44.7% | 46.3% | 39.9% | 40.7% | 45.4% | 47.6% | 43.8% |
| Other income | 6 | 7 | 15 | 14 | 9 | 8 | 13 | 9 |
| Net profit | -138 | 97 | 124 | 203 | 155 | 124 | 163 | 86 |
| EPS (₹) | -6.35 | 4.42 | 5.68 | 9.30 | 7.08 | 5.67 | 7.45 | 3.93 |
| Revenue YoY | +95.0% | +27.1% | +6.9% | -42.7% | ||||
| Profit YoY | – | +28.5% | +31.6% | -57.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 508 | 1,128 | 1,417 | 1,718 | 2,770 | 2,387 |
| EBITDA | 94 | 495 | 585 | 736 | 1,186 | 1,053 |
| Net profit | -82 | 183 | 278 | 143 | 645 | 528 |
| EPS (₹) | -3.98 | 8.94 | 13.54 | 6.53 | 29.50 | 24.13 |
| Revenue growth | +122.2% | +25.6% | +21.2% | +61.2% | +6.0% | |
| Profit growth | – | +51.8% | -48.8% | +352.5% | +85.3% | |
| Dividend / share (₹) | – | – | – | – | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +34.9% | +56.6% | +6.0% |
| Net profit | +52.1% | – | +85.3% |
| EPS | +48.9% | – | – |
| Share price | – | -2.2% (2y) | -12.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,542 | 1,851 | 3,046 | 3,698 |
| Borrowings | – | 2,794 | 2,950 | 2,554 | 2,324 |
| Cash & equivalents | – | 122 | 133 | 285 | 323 |
| Total assets | – | 4,931 | 5,750 | 7,063 | 7,309 |
| Fixed assets | – | 2,149 | 2,488 | 3,126 | 3,344 |
| Capital work in progress | – | 98 | 37 | 183 | 132 |
| Investments | – | 7 | 9 | 10 | 15 |
| Receivables | – | 59 | 55 | 78 | 69 |
| Inventory | – | 413 | 542 | 632 | 269 |
| Payables | – | 150 | 207 | 171 | 165 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 62 | 477 | 689 | 950 | 1,067 |
| Cash from investing | -396 | -592 | -635 | -1,385 | -575 |
| Cash from financing | 411 | 126 | -108 | 496 | -466 |
| Capex | 42 | 175 | 436 | 969 | 338 |
| Free cash flow | 21 | 302 | 253 | -19 | 729 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 11.9% | 15.0% | 4.7% | 17.4% |
| ROCE % | – | 9.9% | 9.7% | 10.6% | 16.6% |
| Debtor days | – | 19 | 14 | 17 | 9 |
| Inventory days | – | 1,083 | 1,361 | 1,449 | 183 |
| Payable days | – | 394 | 520 | 393 | 112 |
| Cash conversion cycle (days) | – | 708 | 855 | 1,073 | 80 |
| Working capital days | – | -121 | -265 | -221 | -51 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 67.29% |
| FIIs | 4.19% |
| DIIs | 25.46% |
| of which Mutual funds | 24.51% |
| of which Insurance | 0.65% |
| Public (non-institutions) | 3.06% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 67.42% | 67.41% | 67.40% | 67.34% | 67.33% | 67.29% | 67.29% | 67.29% |
| Promoter group | % |
|---|---|
| Casa Maria Properties LLP | 7.53% |
| Capstan Trading LLP | 7.53% |
| Raghukool Estate Developement LLP | 7.53% |
| Touchstone Properties and Hotels PVT Ltd | 6.62% |
| Cape Trading LLP | 6.01% |
| Anbee Constructions LLP | 6.01% |
| K Raheja PVT Ltd | 5.66% |
| Neel Chandru Raheja | 4.72% |
| Palm Shelter Estate Development LLP | 3.68% |
| Jyoti Chandru Raheja | 3.55% |
| Ravi Chandru Raheja | 2.36% |
| Sumati Ravi Raheja | 2.36% |
| K Raheja Corp Private Limited | 1.73% |
| Ivory Properties and Hotels Private Ltd | 1.63% |
| Genext Hardware and Parks Private Ltd | 0.37% |
| Public holders above 1% | % |
|---|---|
| HDFC Mutual Fund - HDFC BSE 500 ETF | 9.62% |
| SBI Small CAP Fund | 4.11% |
| ICICI Prudential Elss - TAX Saver Fund | 2.39% |
| Nippon Life India Trustee Ltd-a/c Nippon India LAR | 2.31% |
| Axis Mutual Fund Trustee Ltd. A/C Axis Mutual Fund | 1.25% |
| Sundaram Mutual Fund A/C Sundaram Small CAP Fund | 1.20% |
45,586 shareholders. Pledged: 31.91% of promoter shares.
Peers in Hotels & Resorts
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDHOTEL | ₹1,13,231 cr | 51.2x | 8.3x | 17.5% | 24.3% | 35.5% | +18.6% | 0.30% |
| ITCHOTELS | ₹34,226 cr | 39.5x | 2.9x | 7.7% | 10.1% | 32.7% | – | – |
| THELEELA | ₹19,468 cr | 31.3x | 3.0x | 5.0% | 9.1% | 48.6% | – | – |
| EIHOTEL | ₹18,060 cr | 25.4x | 3.4x | 14.4% | 19.7% | 33.4% | +13.3% | 0.58% |
| CHALET | ₹17,484 cr | 33.1x | 4.7x | 15.7% | 14.2% | 44.1% | +34.9% | 0.12% |
| VENTIVE | ₹12,654 cr | 26.4x | 2.3x | 9.9% | 12.4% | 42.9% | – | – |
| LEMONTREE | ₹8,721 cr | 37.1x | 6.3x | 18.4% | 15.8% | 45.3% | +18.2% | – |
| ITDC | ₹5,174 cr | 63.1x | 12.2x | 21.3% | 27.2% | 16.9% | +4.8% | 0.48% |
| JUNIPER | ₹4,474 cr | 27.0x | 1.6x | 5.9% | 8.6% | 37.4% | – | – |
| MHRIL | ₹3,723 cr | 67.6x | 4.7x | 7.2% | 14.3% | 19.5% | +5.9% | 0.00% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Hospitality (Hotels) | ₹1,731 cr | 61.6% | ₹582 cr | 33.6% |
| Real Estate | ₹738 cr | 26.3% | ₹273 cr | 36.9% |
| Rental / Annuity Business | ₹306 cr | 10.9% | ₹195 cr | 63.6% |
| Unallocated | ₹37 cr | 1.3% | ₹0 cr | 0.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-11 | Dividend | Dividend - Re 1 Per Share |
| 2025-11-11 | Dividend | Interim Dividend - Re 1 Per Share |
| 2020-08-04 | Other | Annual General Meeting |
| 2019-08-05 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Accommodation and Food Service: Accommodation services provided by Hotels, Inns, Resorts, holiday homes, hostel, etc.
- Real Estate: Real estate activities with own or leased property
| Sector | Consumer Discretionary |
| Industry | Hotels & Resorts |
| Sub-industry | Hotels & Resorts |
| Symbol | CHALET |
| BSE code | 542399 |
| ISIN | INE427F01016 |
| Face value | ₹10.0 |
| Incorporated | 1986-01-06 |
| Website | www.chalethotels.com |
| Plants (India / abroad) | 11 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.