Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Indian Hotels Co Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,625 | 1,466 | 1,433 | 1,964 | 1,905 | 1,550 | 1,826 | 2,533 | 2,425 | 2,041 | 2,041 | 2,842 | 2,765 |
| Expenses + | 1,090 | 1,056 | 1,078 | 1,231 | 1,246 | 1,101 | 1,325 | 1,571 | 1,568 | 1,465 | 1,471 | 1,766 | 1,793 |
| Operating Profit | 535 | 410 | 355 | 732 | 660 | 450 | 501 | 962 | 857 | 576 | 570 | 1,076 | 973 |
| OPM % | 33% | 28% | 25% | 37% | 35% | 29% | 27% | 38% | 35% | 28% | 28% | 38% | 35% |
| Other Income + | 29 | 49 | 48 | 40 | 46 | 46 | 371 | 59 | 59 | 61 | 83 | 334 | 79 |
| Interest | 57 | 57 | 59 | 53 | 52 | 50 | 52 | 52 | 54 | 55 | 56 | 56 | 55 |
| Depreciation | 108 | 109 | 111 | 114 | 120 | 117 | 125 | 134 | 142 | 143 | 145 | 150 | 167 |
| Profit before tax | 400 | 294 | 232 | 605 | 535 | 328 | 696 | 834 | 720 | 440 | 453 | 1,203 | 830 |
| Tax % | 24% | 28% | 31% | 28% | 26% | 29% | 18% | 26% | 25% | 27% | 30% | 22% | 25% |
| Net Profit + | 339 | 236 | 179 | 477 | 438 | 260 | 583 | 633 | 563 | 329 | 318 | 954 | 645 |
| EPS in Rs | 2.31 | 1.57 | 1.18 | 3.18 | 2.93 | 1.75 | 3.90 | 4.09 | 3.67 | 2.08 | 2.00 | 6.35 | 4.21 |
Financials of Indian Hotels Co Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4,189 | 4,023 | 4,021 | 4,104 | 4,512 | 4,463 | 1,575 | 3,056 | 5,810 | 6,769 | 8,335 | 9,689 |
| Expenses + | 3,762 | 3,411 | 3,411 | 3,432 | 3,682 | 3,496 | 1,937 | 2,651 | 4,005 | 4,609 | 5,565 | 6,495 |
| Operating Profit | 427 | 612 | 610 | 671 | 830 | 968 | -362 | 405 | 1,805 | 2,160 | 2,769 | 3,195 |
| OPM % | 10% | 15% | 15% | 16% | 18% | 22% | -23% | 13% | 31% | 32% | 33% | 33% |
| Other Income + | -193 | -43 | 44 | 83 | 90 | 173 | 325 | 171 | 142 | 181 | 535 | 558 |
| Interest | 176 | 376 | 324 | 269 | 190 | 341 | 403 | 428 | 236 | 220 | 208 | 221 |
| Depreciation | 291 | 285 | 299 | 301 | 328 | 404 | 410 | 406 | 416 | 454 | 518 | 605 |
| Profit before tax | -232 | -91 | 31 | 184 | 402 | 396 | -850 | -258 | 1,295 | 1,666 | 2,578 | 2,926 |
| Tax % | 49% | 99% | 372% | 66% | 39% | 11% | -18% | -14% | 25% | 28% | 24% | 25% |
| Net Profit + | -347 | -203 | -46 | 104 | 296 | 364 | -796 | -265 | 1,053 | 1,330 | 2,038 | 2,247 |
| EPS in Rs | -3.51 | -1.75 | -0.48 | 0.76 | 2.17 | 2.68 | -5.45 | -1.74 | 7.06 | 8.85 | 13.40 | 14.64 |
| Dividend Payout % | 0% | -13% | -55% | 47% | 21% | 17% | -7% | -23% | 14% | 20% | 17% | 22% |
Financials of Indian Hotels Co Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 81 | 99 | 99 | 119 | 119 | 119 | 119 | 142 | 142 | 142 | 142 | 142 |
| Reserves | 2,146 | 2,481 | 2,419 | 4,062 | 4,229 | 4,238 | 3,530 | 6,920 | 7,840 | 9,314 | 11,018 | 12,910 |
| Borrowings + | 5,074 | 4,526 | 3,383 | 2,427 | 2,326 | 4,501 | 5,518 | 3,888 | 3,139 | 2,736 | 3,084 | 2,837 |
| Other Liabilities + | 2,582 | 2,691 | 2,698 | 2,706 | 2,840 | 2,584 | 2,268 | 2,052 | 2,391 | 2,541 | 3,371 | 4,408 |
| Total Liabilities | 9,884 | 9,797 | 8,599 | 9,314 | 9,514 | 11,442 | 11,435 | 13,002 | 13,512 | 14,733 | 17,616 | 20,297 |
| Fixed Assets + | 6,299 | 6,762 | 5,815 | 6,163 | 6,422 | 8,059 | 8,438 | 8,415 | 8,819 | 9,311 | 10,918 | 12,233 |
| CWIP | 306 | 290 | 223 | 197 | 116 | 244 | 165 | 194 | 332 | 256 | 633 | 764 |
| Investments | 1,587 | 1,515 | 1,244 | 1,511 | 1,335 | 1,427 | 1,483 | 1,967 | 1,891 | 2,261 | 2,279 | 3,606 |
| Other Assets + | 1,692 | 1,231 | 1,317 | 1,443 | 1,641 | 1,712 | 1,349 | 2,426 | 2,470 | 2,905 | 3,786 | 3,693 |
| Total Assets | 9,884 | 9,797 | 8,599 | 9,314 | 9,514 | 11,442 | 11,435 | 13,002 | 13,512 | 14,733 | 17,616 | 20,297 |
Financials of Indian Hotels Co Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 495 | 619 | 535 | 492 | 711 | 823 | -319 | 672 | 1,619 | 1,935 | 2,194 | 2,471 |
| Cash from Investing Activity + | -726 | 341 | 848 | -521 | -387 | -497 | -118 | -1,641 | -138 | -1,208 | -1,869 | -1,727 |
| Cash from Financing Activity + | 491 | -1,196 | -1,381 | 96 | -343 | -265 | 280 | 1,659 | -1,528 | -985 | -547 | -976 |
| Net Cash Flow | 260 | -237 | 1 | 67 | -19 | 62 | -157 | 689 | -47 | -257 | -222 | -232 |
| Free Cash Flow | 184 | 253 | 954 | -13 | 251 | 511 | -506 | 387 | 1,191 | 1,302 | 1,133 | 1,444 |
| CFO/OP | 121% | 116% | 102% | 95% | 110% | 106% | 95% | 152% | 104% | 104% | 100% | 98% |
Financials of Indian Hotels Co Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26 | 22 | 25 | 29 | 26 | 24 | 51 | 30 | 28 | 26 | 28 | 27 |
| Inventory Days | 85 | 80 | 81 | 83 | 73 | 92 | 236 | 143 | 84 | 82 | 64 | 57 |
| Days Payable | 273 | 286 | 294 | 330 | 294 | 383 | 807 | 550 | 368 | 364 | 273 | 276 |
| Cash Conversion Cycle | -162 | -184 | -189 | -217 | -195 | -268 | -520 | -376 | -256 | -257 | -180 | -191 |
| Working Capital Days | -66 | -166 | -114 | -69 | -112 | -99 | -555 | -165 | -84 | -61 | -40 | 57 |
| ROCE % | 4% | 5% | 5% | 6% | 8% | 7% | -6% | 1% | 13% | 15% | 17% | 17% |