Chalet Hotels
- Market cap
- ₹ 17,306 Cr.
- P/E
- 32.8x
- P/B
- 4.85x
- 52-week range
- 691.35 – 977.7
- ROE
- 19%
- ROCE
- 17%
- Dividend yield
- 0.2%
- Debt / equity
- 0.64
- Sector
- Leisure Services
- Industry
- Hotels & Resorts
- Listed on
- NSE, BSE
About
Chalet Hotels Limited is an India-based owner, developer, asset manager and operator of hotels and a hotel-led mixed-use developer across India. Its segments include Hospitality (Hotels), Real Estate and Rental / Annuity Business. The Hospitality (Hotels) segment includes hotel operations. The Real Estate segment includes the sale of residential flats. The Company's portfolio comprises over 11 fully operational hotels across mainstream and luxury segments, and commercial spaces, representing 2.4 million square feet in proximity to the hospitality assets. Its hospitality portfolio includes Athiva Resort & Spa, Khandala; Bengaluru Marriott Hotel Whitefield; Four Points by Sheraton Navi Mumbai, Vashi; JW Marriott Mumbai Sahar; Lakeside Chalet, Mumbai - Marriott Executive Apartments; Novotel Pune Nagar Road; The Westin Hyderabad Hitec City; The Westin Mindspace Hyderabad; The Westin Mumbai Powai Lake, Inder Residency Resort & Spa, Udaipur in the state of Rajasthan, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Hotels & Resorts: 74 companies →Chalet Hotels against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)32.8 against a typical 25.5: pricier than most peers (1st = cheapest).46th of 74
- Sales growth−42.8% against a typical +10.3% from a year earlier.65th of 70
- Profit growth−57.6% against a typical +17.9% from a year earlier.43rd of 50
- Share price, 3 months−4.6% against a typical −7.9%.25th of 67
- Size₹ 17,305.6 Cr. market value against a typical ₹ 232.8 Cr. (1st = largest).5th of 64
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA to AA- by 3 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA- | Positive | 29 Sep 2026 |
| CRISIL | Crisil AA- | Stable | 25 Sep 2026 |
| India Ratings | IND AA; IND A1+ | Stable | 22 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 29 Sep 2026 | New rating | [ICRA]AA- | — | ICRA | ₹ 250 Cr. | |
| 25 Sep 2026 | Reaffirmed | Crisil AA- | — | CRISIL | ₹ 1,800 Cr. | |
| 22 Sep 2026 | ▲ Upgrade1 notch | IND AA- → IND AA | — | India Ratings | ₹ 1,126.8 Cr. | |
| 5 Dec 2025 | Reaffirmed | [ICRA]AA- | — | ICRA | ₹ 3,196 Cr. | |
| 2 Dec 2025 | Reaffirmed | Crisil AA- | — | CRISIL | ₹ 1,800 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 29 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 14 May 2026 | Financial Results/Dividend/Fund Raising | To consider and approve the financial results for the period ended March 31, 2026, dividend and Fund Raising |
| 2 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 4 Nov 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
| 31 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 12 May 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended March 31, 2025 and Fund Raising |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 315 | 374 | 418 | 361 | 377 | 458 | 522 | 895 | 735 | 582 | 558 | 512 |
| Expenses | 189 | 208 | 235 | 221 | 228 | 253 | 281 | 537 | 436 | 317 | 292 | 278 |
| Operating Profit | 126 | 166 | 183 | 140 | 150 | 205 | 241 | 357 | 299 | 265 | 266 | 234 |
| OPM % | 40% | 44% | 44% | 39% | 40% | 45% | 46% | 40% | 41% | 46% | 48% | 46% |
| Other Income | 4 | 6 | 6 | 8 | 6 | 7 | 15 | 14 | 9 | 7 | 13 | −1 |
| Interest | 50 | 48 | 53 | 32 | 34 | 45 | 48 | 49 | 45 | 46 | 41 | 39 |
| Depreciation | 35 | 35 | 37 | 39 | 42 | 48 | 50 | 54 | 57 | 58 | 60 | 61 |
| Profit before tax | 44 | 89 | 99 | 78 | 79 | 118 | 159 | 269 | 205 | 167 | 178 | 133 |
| Tax % | 18% | 20% | 17% | 22% | 274% | 18% | 22% | 24% | 24% | 26% | 8% | 35% |
| Net Profit | 36 | 71 | 82 | 61 | −139 | 97 | 124 | 203 | 155 | 124 | 163 | 86 |
| EPS in Rs | 1.77 | 3.44 | 4.01 | 2.78 | −6.35 | 4.42 | 5.67 | 9.3 | 7.08 | 5.67 | 7.44 | 3.93 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 17%
- 5 Years
- 58%
- 3 Years
- 35%
- TTM
- 6%
- 10 Years
- 23%
- 5 Years
- 47%
- 3 Years
- 60%
- TTM
- 88%
- 10 Years
- —
- 5 Years
- 39%
- 3 Years
- 19%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 11%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Chalet Hotels | ₹ 798.10 | ₹ 17,306 Cr. | 32.8x | 4.9x | 19% | — |
| ITC Hotels | ₹ 156.05 | ₹ 32,505 Cr. | 40.7x | 3.1x | — | 20.4% |
| EIH | ₹ 290.25 | ₹ 18,151 Cr. | 33.6x | 4x | 12.7% | 22.4% |
| Leela Palaces Hotels & Resorts | ₹ 575.10 | ₹ 19,317 Cr. | 38.6x | 2.5x | — | 26.4% |
| Ventive Hospitality | ₹ 548.00 | ₹ 12,811 Cr. | 33.7x | 2.6x | 8.3% | 20.4% |
| Lemon Tree Hotels | ₹ 110.00 | ₹ 8,696 Cr. | 34.9x | 6.4x | 17.8% | 20% |
Management
- Shwetank Singh
- Chairman of the Board, Managing Director
- Nitin Suresh Khanna
- Chief Financial Officer
- Gaurav Singh
- Chief Operating Officer
- Christabelle Bernadette Baptista
- Compliance Officer, Company Secretary
- Salil Khare
- Chief Projects Officer
Prices are delayed and for information only. Nothing on this page is investment advice.