Tata Group stock The Indian Hotels Company share price fell more than 1% on NSE in Wednesday’s trading session despite the company reported strong set of numbers for the quarter ending on 30 June, 2026, on Tuesday.
Indian Hotels share price opened at ₹736 apiece today, as compared to previous close of ₹731.60 on Tuesday.
Indian Hotels Q1 results 2026
Tata Group backed company on Tuesday posted an 18.67% year-on-year (YoY) increase in its consolidated net profit to ₹390.81 crore for the quarter ended June 30, 2026.
The hospitality major had reported a consolidated net profit of ₹329.32 crore in the corresponding quarter last year.
Its revenue from operations climbed to ₹2,339.19 crore in the June quarter of FY27, compared with ₹2,041.08 crore in the same period a year earlier. Meanwhile, total expenses increased to ₹1,886.04 crore from ₹1,662.35 crore, according to a regulatory filing.
“Since 14-15 months we are in a very volatile state, starting with Pahalgam last year to ongoing West Asia crisis, or Operation Sindoor, or landslides and flooding, etc… Everything to do with travel has been disrupted. But these numbers demonstrate that the management has shown capability to navigate through the crisis,” Puneet Chhatwal, Managing Director & CEO, IHCL, was quoted as saying by PTI.
It also indicates that demand continues to exceed supply, highlighting a structural shift as an increasing number of people aspire to travel, depending on their affordability, he added.
He further said the steady performance reflects the strength of IHCL’s diversified portfolio of brands and businesses, which has helped cushion the impact of broader macroeconomic challenges.
“The key revenue drivers were 14% RevPAR growth in domestic like for like hotels, 22% increase in revenue of Growth Businesses, 26% growth in management fee income and the strong performance of our recent acquisitions,” Chhatwal said.
Indian Hotels share price – Should you buy or sell?
Brokerage firm Anand Rathi has maintained its ‘buy’ rating on the Indian Hotels stock with a revised target price of ₹845 per share.
“We believe the hotel industry is transitioning from a hypergrowth phase to a stable yet sustainable growth, with IHCL mirroring this trend, resulting in ~8-10% y/y RevPAR growth (LFL basis), with incremental growth from renovation-led ARR expansion (~Rs20bn spent over last ~2 years, completing upgrades across major properties in Delhi, Mumbai and Goa etc.) and acquisitions (strong ~Rs44.4bn cash position). Factoring in the strong quarterly performance, we increase our EBITDA estimate by 3.7% and 9% for FY27 and FY28, respectively. Accordingly, we continue to maintain BUY rating on the stock with a revised TP of Rs845 (from Rs765 earlier), valuing it at ~26x FY28e EBITDA,” the firm said in a note.
Meanwhile, brokerage firm Motilal Oswal has also retierated its ‘buy’ rating on the stock with a target price of ₹870. “We expect IH’s performance to continue its uptrend, with a CAGR of 14%/17%/20% in revenue/EBITDA/adj. PAT over FY26-28. We broadly maintain our FY27/FY28 EBITDA estimates and reiterate BUY with our SoTP-based TP of INR870,” it said.
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