In the midst of the recent fluctuations in India’s hospitality sector, The Indian Hotels Co Ltd has encountered its share of challenges. When contemplating future growth prospects, investors naturally ponder the trajectory of the company’s share price. Will Indian Hotels Co Ltd advance over the next decade, or will it maintain its current status? Investors weigh their options carefully: should they explore other opportunities, or is investing in this stock a prudent choice? To ascertain a share price target from 2024 to 2030, we delve into the company’s financial performance over the past five years.
Let’s analyze the growth prospects and determine whether Indian Hotels Co Ltd presents a viable investment opportunity for those seeking to capitalize on India’s burgeoning economy.
About Indian Hotels
The Indian Hotels Company Limited, often referred to as Taj Hotels, stands as a distinguished cornerstone within the Indian hospitality sector. With its expansive repertoire encompassing a diverse array of hotels, resorts, palatial accommodations, rejuvenating spas, and even in-flight catering services, the company epitomizes luxury and sophistication in the realm of hospitality. As an integral member of the esteemed Tata Group, Indian Hotels boasts not only a formidable presence but also a legacy of excellence that resonates throughout the industry, making it a name synonymous with unparalleled quality and service.
Indian Hotels Company Q4 FY24 Results: Summary and Key Points
- Indian Hotels Company unveiled its Q4 results on April 24, 2024, marking a significant milestone amidst the evolving market landscape.
- The company demonstrated notable progress, with a robust 17.22% surge in revenue and an impressive 27.26% increase in profit compared to the previous year.
- However, the quarter also saw a marginal decline of 2.98% in revenue and a 7.56% dip in profit from the preceding quarter, reflecting dynamic market conditions.
- Despite these fluctuations, Indian Hotels Company maintained its strategic focus, evident in its marginal 0.27% decline in selling, general, and administrative expenses quarter-over-quarter (QoQ).
- Operating income witnessed a modest 12.62% decrease QoQ but showcased substantial growth of 26.2% YoY, underscoring the company’s operational resilience.
- The quarter’s earnings per share (EPS) stood at ₹2.93, exhibiting a notable 26.98% increase YoY, reaffirming its shareholder value proposition.
- Investor confidence remained high, with Indian Hotels Company delivering impressive returns, including a 4.17% weekly return, a remarkable 56.08% return over the last six months, and a solid 38.7% year-to-date (YTD) return.
- With a current market capitalization of ₹86,544.68 crore and a 52-week high/low of ₹622.5 and ₹336.6 respectively, the company continues to be a key player in the hospitality sector.
- Analyst sentiment towards Indian Hotels Company remains largely positive, with a majority of analysts advocating Buy or Strong Buy ratings.
- In summary, Indian Hotels Company’s Q4 performance reflects its adaptability, strategic management, and potential for sustained growth in the dynamic hospitality industry landscape.
How to purchase Indian Hotels shares?
Below are the trading platforms that you can use to purchase Indian Hotels Co Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Indian Hotels Share Price Prediction: 2024, 2025 to 2030
Indian Hotels Share Price Target 2024
When | Maximum Price | Minimum Price |
June 2024 | 598.00 | 520.00 |
July 2024 | 592.02 | 514.80 |
August 2024 | 615.70 | 535.40 |
September 2024 | 640.33 | 556.81 |
October 2024 | 627.78 | 545.89 |
November 2024 | 652.89 | 567.73 |
December 2024 | 659.42 | 573.41 |
In 2024, Indian Hotels’ monthly price projections show a positive trend. In June, the prices are expected to reach a maximum of ₹598.00 and a minimum of ₹520.00. By December, the prices are projected to peak at ₹659.42 with a minimum of ₹573.41.
Indian Hotels Share Price Prediction 2025
When | Maximum Price | Minimum Price |
January 2025 | 670.14 | 515.49 |
February 2025 | 676.91 | 520.70 |
March 2025 | 691.12 | 531.63 |
April 2025 | 684.28 | 526.37 |
May 2025 | 664.35 | 511.04 |
June 2025 | 694.24 | 534.03 |
July 2025 | 680.63 | 523.56 |
August 2025 | 701.68 | 539.76 |
September 2025 | 710.10 | 546.23 |
October 2025 | 728.57 | 560.43 |
November 2025 | 746.78 | 574.45 |
December 2025 | 780.38 | 600.30 |
As we step into 2025, Indian Hotels Company’s share prices are expected to fluctuate throughout the year. In January, prices are projected to range between ₹515.49 and ₹670.14, followed by a slight increase to ₹676.91 to ₹520.70 in February. March will likely see further growth, with prices ranging from ₹531.63 to ₹691.12. The trend continues throughout the year, culminating in December with prices reaching a high of ₹780.38 and a low of ₹600.30. Investors can anticipate continued fluctuations in share prices, presenting potential opportunities for investment in the hospitality sector.
Indian Hotels Share Price Target 2026
When | Maximum Price | Minimum Price |
January 2026 | 803.80 | 618.30 |
February 2026 | 783.70 | 602.85 |
March 2026 | 799.37 | 614.90 |
April 2026 | 815.69 | 627.45 |
May 2026 | 807.61 | 621.24 |
June 2026 | 827.80 | 636.77 |
July 2026 | 811.57 | 624.29 |
August 2026 | 836.67 | 643.59 |
September 2026 | 853.41 | 656.47 |
October 2026 | 875.59 | 673.53 |
November 2026 | 897.48 | 690.37 |
December 2026 | 919.92 | 707.63 |
Indian Hotels Share Price Target 2027
When | Maximum Price | Minimum Price |
January 2027 | 929.12 | 714.71 |
February 2027 | 952.94 | 733.03 |
March 2027 | 990.11 | 761.62 |
April 2027 | 970.69 | 746.69 |
May 2027 | 942.42 | 724.94 |
June 2027 | 984.83 | 757.56 |
July 2027 | 965.52 | 742.71 |
August 2027 | 995.38 | 765.68 |
September 2027 | 1,030.22 | 792.48 |
October 2027 | 1,057.01 | 813.08 |
November 2027 | 1,083.43 | 833.41 |
December 2027 | 1,110.52 | 854.24 |
Indian Hotels Share Price Prediction 2028
When | Maximum Price | Minimum Price |
January 2028 | 1,132.73 | 871.33 |
February 2028 | 1,161.77 | 893.67 |
March 2028 | 1,207.08 | 928.52 |
April 2028 | 1,183.41 | 910.32 |
May 2028 | 1,148.94 | 883.80 |
June 2028 | 1,200.65 | 923.57 |
July 2028 | 1,177.10 | 905.46 |
August 2028 | 1,213.51 | 933.47 |
September 2028 | 1,255.98 | 966.14 |
October 2028 | 1,288.64 | 991.26 |
November 2028 | 1,320.85 | 1,016.04 |
December 2028 | 1,353.87 | 1,041.44 |
Indian Hotels Share Price Target 2029
When | Maximum Price | Minimum Price |
January 2029 | 1,380.95 | 1,062.27 |
February 2029 | 1,416.36 | 1,089.51 |
March 2029 | 1,471.60 | 1,132.00 |
April 2029 | 1,442.74 | 1,109.80 |
May 2029 | 1,400.72 | 1,077.48 |
June 2029 | 1,463.76 | 1,125.97 |
July 2029 | 1,435.05 | 1,103.89 |
August 2029 | 1,479.44 | 1,138.03 |
September 2029 | 1,531.22 | 1,177.86 |
October 2029 | 1,571.03 | 1,208.48 |
November 2029 | 1,610.31 | 1,238.70 |
December 2029 | 1,650.56 | 1,269.66 |
Indian Hotels Share Price Prediction 2030
When | Maximum Price | Minimum Price |
January 2030 | 1,683.57 | 1,295.06 |
February 2030 | 1,726.74 | 1,328.26 |
March 2030 | 1,794.09 | 1,380.07 |
April 2030 | 1,758.91 | 1,353.01 |
May 2030 | 1,707.68 | 1,313.60 |
June 2030 | 1,784.52 | 1,372.71 |
July 2030 | 1,749.53 | 1,345.79 |
August 2030 | 1,803.64 | 1,387.42 |
September 2030 | 1,866.77 | 1,435.98 |
October 2030 | 1,915.30 | 1,473.31 |
November 2030 | 1,963.19 | 1,510.14 |
December 2030 | 2,012.27 | 1,547.90 |
As we progress through 2030, Indian Hotels Company’s share prices are expected to demonstrate fluctuations each month. In January, prices are projected to range between ₹1,295.06 and ₹1,683.57, followed by a gradual increase in February to ₹1,328.26 to ₹1,726.74. March anticipates further growth, with prices ranging from ₹1,380.07 to ₹1,794.09. The trend continues throughout the year, reaching a peak in December with prices reaching a high of ₹2,012.27 and a low of ₹1,547.90.
Financial Condition of Indian Hotels Co Ltd: Last 5 years
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 4,463 | 1,575 | 3,056 | 5,810 | 6,769 |
Expenses + | 3,496 | 1,937 | 2,651 | 4,005 | 4,612 |
Operating Profit | 968 | -362 | 405 | 1,805 | 2,157 |
OPM % | 22% | -23% | 13% | 31% | 32% |
Other Income + | 173 | 325 | 171 | 142 | 183 |
Interest | 341 | 403 | 428 | 236 | 220 |
Depreciation | 404 | 410 | 406 | 416 | 454 |
Profit before tax | 396 | -850 | -258 | 1,295 | 1,666 |
Tax % | 11% | 18% | 14% | 25% | 28% |
Net Profit + | 364 | -796 | -265 | 1,053 | 1,330 |
EPS in Rs | 2.68 | -5.45 | -1.74 | 7.06 | 8.85 |
Dividend Payout % | 17% | -7% | -23% | 14% | 20% |
Over the course of the last half-decade, Indian Hotels Company has navigated through a series of fluctuations in its financial performance. From March 2020 to March 2024, the trajectory of its sales has been notably positive, showcasing a consistent upward trend from ₹4,463 crores to ₹6,769 crores. Despite this promising growth, the company has encountered varying expenses, ranging from ₹3,496 crores to ₹4,612 crores over the same period, indicating the challenges inherent in managing operational costs. However, amidst these fluctuations, Indian Hotels Company has demonstrated resilience, notably reflected in its operating profit, which saw a substantial increase from ₹968 crores in March 2020 to ₹2,157 crores in March 2024.
Nevertheless, the journey has not been without its hurdles, as evidenced by a period of net loss amounting to ₹796 crores in March 2021. Despite such setbacks, there’s a silver lining in the form of improving earnings per share (EPS), which have seen a marked rise from ₹2.68 in March 2020 to ₹8.85 in March 2024. Furthermore, the company’s dividend payouts, while subject to variation, have generally followed an upward trajectory, climbing from 17% in March 2020 to 20% in March 2024. These financial indicators collectively paint a picture of a company that has weathered storms, displayed signs of improvement, and holds potential for continued growth and stability in the years to come.
Indian Hotels share price target by Experts
Sharekhan on Indian Hotels Share Price
Sharekhan holds a bullish outlook on Indian Hotels, setting its target price at Rs 679.00.
ICICI Securities on Indian Hotels Share Price
According to ICICI Securities, Indian Hotels is a buy, with a target price of Rs 617.00.
Axis Direct on Indian Hotels Share Price
Axis Direct also advises purchasing Indian Hotels, projecting a target price of Rs 671.00.
FAQS
What is the projected share price of Indian Hotels for 2025?
The projected share price of Indian Hotels for 2025 is expected to fluctuate within a range, with a maximum price of ₹511.04 and a minimum price of ₹780.38, according to our forecast.
What is Indian Hotels’ share price target for 2030?
For 2030, Indian Hotels is expected to reach a maximum of ₹2,012.27.
What factors can affect the share price of Indian Hotels?
Various factors such as market conditions, economic trends, company performance, and global events can affect the share price of Indian Hotels.
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Conclusion
Indian Hotels Co Ltd exhibits promising signs of growth and stability in the foreseeable future. The projected upward trajectory in both maximum and minimum share prices from 2024 to 2030 underscores the company’s ability to navigate the ever-evolving hospitality landscape. Investors evaluating Indian Hotels as a potential addition to their portfolio may find compelling reasons to consider it, particularly due to its association with the esteemed Tata Group and its entrenched position in the hospitality sector. As India’s economy continues its expansion, fueled by increasing consumer demand and infrastructure development, Indian Hotels is well-positioned to capitalize on these trends, making it an appealing prospect for investors seeking sustained long-term growth and returns.
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