Kamat Hotels (I) Ltd
NSE: KAMATHOTEL · Hotels & Resorts · sector
₹218.60NSE close 2026-10-26
Key numbers
Market cap₹634 cr
Price₹218.60
52w high / low₹309 / ₹140
P/E13.7xSector median 21.6x
P/B2.0xSector median 1.8x
Book value₹109.0
Dividend yield–Sector median 0.58%
ROE13.5%Sector median 6.5%
ROCE20.7%Sector median 9.1%
OPM26.2%Sector median 26.3%
Debt / equity0.35xSector median 0.20x
EV/EBITDA6.8xSector median 12.9x
Interest cover3.1x
Current ratio1.06x
Sales growth 3y+9.3%Sector median +7.8%
Profit growth 3y-50.2%Sector median +10.9%
PEG–
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 ₹48 cr vs borrowings ₹111 cr (FY26): borrowings are higher by ₹62 cr.
- Borrowings fell in each of the last 3 years (₹346 cr → ₹111 cr).
- Operating profit covered interest 3.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY23).
- 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 37% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹218.60 on 2026-10-26: -29.3% from the 52-week high, +55.9% 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 ₹330.50 · low ₹156.96
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 85 | 111 | 92 | 83 | 75 | 118 | 110 | 91 |
| EBITDA | 22 | 44 | 24 | 18 | 10 | 35 | 33 | 25 |
| OPM % | 26.3% | 39.8% | 26.5% | 22.4% | 13.8% | 30.0% | 29.6% | 27.2% |
| Other income | 2 | 2 | 2 | 2 | 2 | 2 | 9 | 2 |
| Net profit | 8 | 26 | 11 | 4 | -3 | 17 | 16 | 9 |
| EPS (₹) | 2.88 | 8.63 | 3.62 | 1.42 | 0.72 | 6.28 | 5.75 | 3.19 |
| Revenue YoY | -12.0% | +6.2% | +19.1% | +9.5% | ||||
| Profit YoY | -135.2% | -33.9% | +49.1% | +158.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 144 | 295 | 304 | 362 | 386 | 394 |
| EBITDA | 37 | 347 | 120 | 107 | 97 | 103 |
| Net profit | -23 | 313 | 45 | 47 | 39 | 40 |
| EPS (₹) | -9.61 | 132.31 | 17.52 | 15.96 | 12.71 | 15.94 |
| Revenue growth | +104.1% | +3.2% | +19.1% | +6.4% | +6.0% | |
| Profit growth | – | -85.7% | +3.9% | -17.2% | -18.3% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +9.3% | +42.3% | +6.0% |
| Net profit | -50.2% | – | -18.3% |
| EPS | -54.2% | – | – |
| Share price | – | +7.7% (2y) | -23.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 154 | 206 | 278 | 316 |
| Borrowings | – | 346 | 200 | 128 | 111 |
| Cash & equivalents | – | 24 | 34 | 29 | 48 |
| Total assets | – | 609 | 618 | 589 | 680 |
| Fixed assets | – | 354 | 385 | 324 | 470 |
| Capital work in progress | – | 2 | 4 | 8 | 5 |
| Investments | – | 3 | 4 | 4 | 0 |
| Receivables | – | 9 | 9 | 9 | 15 |
| Inventory | – | 4 | 4 | 5 | 5 |
| Payables | – | 23 | 31 | 16 | 15 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 30 | 116 | 73 | 66 | 98 |
| Cash from investing | -4 | -38 | 145 | 34 | -45 |
| Cash from financing | -17 | -89 | -219 | -96 | -48 |
| Capex | 6 | 6 | 7 | 17 | 27 |
| Free cash flow | 24 | 110 | 66 | 49 | 70 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 203.1% | 21.8% | 16.7% | 12.2% |
| ROCE % | – | 67.1% | 28.0% | 23.4% | 19.4% |
| Debtor days | – | 11 | 10 | 9 | 14 |
| Inventory days | – | 55 | 59 | 55 | 51 |
| Payable days | – | 343 | 433 | 183 | 157 |
| Cash conversion cycle (days) | – | -277 | -364 | -119 | -92 |
| Working capital days | – | -228 | -69 | -10 | 5 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 57.78% |
| FIIs | 0.01% |
| DIIs | 3.86% |
| of which Mutual funds | 0.00% |
| Public (non-institutions) | 38.35% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 57.78% | 57.78% | 57.78% | 57.78% | 57.78% | 57.78% | 57.78% | 57.78% |
| Promoter group | % |
|---|---|
| Vishal Amusements Limited | 18.25% |
| Plaza Hotels Private Limited | 15.99% |
| Vithal V Kamat | 12.53% |
| Kamat Development Private Limited | 2.85% |
| Sangli Rubber Agro Private Limited | 2.57% |
| Vidhya Vithal Kamat | 2.33% |
| Vishal V Kamat | 2.05% |
| Savarwadi Rubber Agro Private Limited | 0.70% |
| Vithal V. Kamat HUF | 0.51% |
| Vidita V Kamat | 0.00% |
| Public holders above 1% | % |
|---|---|
| Alpha Alternatives Structured Credit Opportunities Fund | 3.33% |
| Purple Clover Tree LLP | 3.33% |
| Anil Kumar Goel | 2.44% |
| Alpha Alternatives Holdings Private Limited | 2.13% |
| Vinod Aggarwal | 1.38% |
| Seema Goel | 1.07% |
22,119 shareholders. Pledged: 0.00% 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% | – | – |
| KAMATHOTEL | ₹634 cr | 13.7x | 2.0x | 13.5% | 20.7% | 26.2% | +9.3% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-19 | Other | Annual General Meeting |
| 2023-09-15 | Other | Annual General Meeting |
| 2022-09-19 | Other | Annual General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-09-18 | Other | Annual General Meeting |
| 2019-09-06 | Other | Annual General Meeting |
| 2018-09-17 | Other | Annual General Meeting |
| 2017-09-08 | Other | Annual General Meeting(Book Closure Dates Revised) |
| 2016-09-09 | Other | Annual General Meeting |
| 2015-08-28 | Other | Annual General Meeting |
| 2014-08-28 | Other | Annual General Meeting |
| 2013-09-05 | Other | Annual General Meeting |
| 2012-08-31 | Other | Annual General Meeting |
| 2011-09-09 | Other | Annual General Meeting |
| 2010-09-09 | Other | Annual General Meeting |
| 2009-09-11 | Other | Agm/Div-Rs.1.20 Per Share |
| 2008-08-14 | Dividend | Agm/Dividend - 30% |
| 2007-07-13 | Dividend | Agm/Dividend-25% |
| 2006-09-08 | Dividend | Agm/Dividend-15% |
| 2005-09-09 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Hotels & Resorts |
| Sub-industry | Hotels & Resorts |
| Symbol | KAMATHOTEL |
| BSE code | 526668 |
| ISIN | INE967C01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
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.