Added to YB: 2025-04-03
Pitch date: 2025-02-14
ITCHOTELS.NS [bullish]
ITC Hotels Limited
+9.18%
current return
Author Info
No bio for this author
Company Info
ITC Hotels Limited owns, operates, and manages hotels and resorts in India and internationally. It operates under the ITC Hotels, Mementos, Storii, Welcomhotel, Fortune, and WelcomHeritage brands.
Market Cap
INR 363.9B
Pitch Price
INR 163.60
Price Target
231.00 (+29%)
Dividend
0.57%
EV/EBITDA
24.32
P/E
44.57
EV/Sales
8.43
Sector
Hotels, Restaurants and Leisure
Category
growth
ITC Hotels Limited - $ITCHOTELS.NS
ITCHOTELS.NS: Luxury hotel chain spun off from ITC Limited. 2nd largest in India, 140 hotels, 13k keys. Asset-light model driving growth (13% rev CAGR, 21% EBITDA CAGR since 2018). Expanding to 18k keys by 2030. Debt-free, ₹1,500Cr cash. Trades at 32x EBITDA vs IHCL's 46x. PT ₹231 (40% upside) by 2026. Catalysts: research coverage, index inclusion.
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