ITC Hotels share price
NSE: ITCHOTELSBSE: 544325Leisure ServicesMid Cap
ITC Hotels Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 2025
Last close ₹169.32up ₹4.22 (2.56%)BSE ₹169.40
Share price at the NSE close on 29 Oct 2026. Previous close ₹165.10.
29 Oct: open ₹164.95, high ₹170.50, low ₹164.00
52-week range of traded prices to 29 Oct 2026
₹137.30Low, 30 Mar 2026₹222.25High, 29 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹35,270 Cr245th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 37.83
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.00
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.59%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 8.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 9.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 53,53,977
About ITC Hotels
ITC Hotels Limited owns, operates and manages hotels in India, Sri Lanka and Nepal, under brands built for distinct traveller segments.12 It grows mainly through management contracts, under which it runs hotels that others own, and through partnerships.2
Its 7 hotel brands are ITC Hotels and Mementos in luxury, Welcomhotel in upper-upscale to upscale, Storii in boutique stays, Fortune Hotels in midscale to upscale, WelcomHeritage in heritage, and the newest, Epiq Collection, an upper-upscale brand for larger hotels.23 Its restaurant brands include Bukhara, Dum Pukht, Royal Vega, Avartana, Peshawri, Yi Jing, Ottimo and Pavilion, and its loyalty programme is Club ITC.45
ITC Hotels Limited was incorporated on 28 Jul 2023 and received the hotels business of ITC Limited by a demerger effective 1 Jan 2025; its shares were listed in 2025.678 The hotels business it received began in 1975 with Welcomhotel Chennai.9
ITC Limited is its promoter, and ITC Hotels is an associate of ITC Limited.10 ITC Hotels holds 100% of WelcomHotels Lanka, owner of ITC Ratnadipa in Colombo, 100% of Fortune Park Hotels and 50% of Maharaja Heritage Resorts, a joint venture with Jodhana Heritage Resorts.1112
ITC Hotels key points
Results
- In the quarter to Sep 2026, ITC Hotels' consolidated revenue from operations was ₹1,054 crore, up 26%; EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹337 crore, up 37%; and profit after tax, before minority owners' share, was ₹203 crore, up 52%.1314
- In the year to Mar 2026, ITC Hotels' consolidated revenue from operations was ₹4,139.40 crore, against ₹3,559.81 crore a year earlier, and its EBITDA was ₹1,424 crore, an EBITDA margin (EBITDA as a share of revenue) of 34%.1516
- In the year to Mar 2026, ITC Hotels' consolidated profit before one-off items and tax was ₹1,203.15 crore, against ₹884.06 crore; after one-off items of ₹80.17 crore and tax, profit for the year, before minority owners' share, was ₹821.26 crore, against ₹637.64 crore.1718
- ITC Hotels' board recommended a final dividend of ₹1 per share for the year to Mar 2026.19
Market position
- In the quarter to Sep 2026, ITC Hotels' RevPAR (room revenue per available room) was 44% above that of the luxury, upper-upscale and upscale hotel industry, the company says.20
- ITC Hotels has 25 hotels certified LEED Platinum (the top rating of a green-building standard), including 13 LEED Zero Carbon; it says it holds the highest number of LEED Platinum hotels globally.2122
- ITC Ratnadipa, ITC Hotels' 352-key (room) luxury hotel in Colombo, sustained its RevPAR leadership in Colombo in the quarter to Sep 2026, the company says, with positive EBITDA for the quarter and half year.232425
Business segments
- ITC Hotels reports its results in hotels (hotel services), real estate (branded residences) and others.26
- Hotels and others. Excluding branded residences, as the company presents it, ITC Hotels' consolidated revenue in the quarter to Sep 2026 was ₹983 crore, up 17%, and its EBITDA ₹314 crore, up 28%.27
- Real estate. Sapphire Residences, a 132-apartment complex in Colombo developed by subsidiary WelcomHotels Lanka, handed over 4 apartments in the quarter to Sep 2026, earning revenue of ₹71 crore and EBITDA of ₹23 crore.282930
- Others. The others segment is golfing and ancillary services, run through subsidiary Landbase India, owner of the Classic Golf & Country Club, a 27-hole Jack Nicklaus Signature Golf Course.3031
Revenue mix
- Excluding branded residences, ITC Hotels' room revenue in the quarter to Sep 2026 rose 22% to ₹501 crore, food and beverage revenue rose 12%, and management and operating fees rose 25%, with management fees at ₹43 crore.3233
- At owned hotels open in both periods, ITC Hotels' occupancy in the quarter to Sep 2026 rose 481 basis points (hundredths of a percentage point) to 76%, and its average daily rate (average price of a room sold) rose 14%.34
Where revenue comes from
- ITC Hotels' consolidated revenue from external customers35
Item year to Mar 2026 year to Mar 2025 Within India ₹3,725.70 crore ₹3,391.52 crore Outside India ₹383.42 crore ₹134.34 crore
Hotel portfolio
- At 30 Sep 2026, ITC Hotels had 156 operating hotels with over 14,300 keys; by keys, 41% were owned and 59% managed (run for other owners, including franchised hotels).36
- In the half year to Sep 2026, ITC Hotels signed 20 hotels with over 1,600 keys, taking its pipeline of managed hotels (signed but not yet open) to 84 hotels with about 8,200 keys.37
Expansion and capital spending
- In its presentation of 26 Oct 2026, the company said it targets 250 operating hotels with over 22,000 keys by 2031, with 33% of keys owned and 67% managed.38
- In its presentation of 26 Oct 2026, the company listed 5 owned projects under way adding over 700 keys, among them new hotels at Puri, Visakhapatnam and New Delhi.3940
- In its presentation of 26 Oct 2026, the company said ITC Kumarakom, one of its recent acquisitions, would be launched by December 2026 and Welcomhotel Ahmedabad refurbished within 6 months.41
- In its presentation of 26 Oct 2026, the company said a 2.8-acre freehold plot allotted by Lucknow Development Authority is for a luxury hotel of over 200 keys.4243
Recent events
- On 26 Oct 2026, ITC Hotels' board approved a wholly owned hotels and hospitality subsidiary in Dubai, with ITC Hotels subscribing up to ₹20 crore, subject to regulatory approvals.4445
- On 1 Sep 2026, ITC Hotels acquired 100% of GHK Hospitality & Infrastructures, owner of the 130-key Welcomhotel Ahmedabad, at an enterprise value (price including debt, net of cash) of ₹155 crore.4647
- On 19 May 2026, ITC Hotels acquired 100% of Zuri Hotels and Resorts, owner of the 72-key The Zuri Kumarakom, Kerala Resort & Spa, at an enterprise value of ₹205 crore.4849
- On 9 Jan 2026, ITC Hotels announced it had been allotted land at Yashobhoomi, New Delhi, for a hotel, on a lease of about 91 years at a lease premium (upfront payment) of ₹326.50 crore.5051
Last updated
All 51 sources, each with its page
- 1. Annual report, 11 Jul 2026, page 74
- 2. Annual report, 11 Jul 2026, page 5
- 3. Annual report, 11 Jul 2026, page 5
- 4. Annual report, 11 Jul 2026, page 5
- 5. Annual report, 11 Jul 2026, page 56
- 6. Annual report, 11 Jul 2026, page 74
- 7. Annual report, 11 Jul 2026, page 103
- 8. Annual report, 11 Jul 2026, page 7
- 9. Annual report, 11 Jul 2026, page 55
- 10. Annual report, 11 Jul 2026, page 129
- 11. Annual report, 11 Jul 2026, page 102
- 12. Annual report, 11 Jul 2026, page 59
- 13. Investor presentation, 26 Oct 2026, page 2
- 14. Investor presentation, 26 Oct 2026, page 34
- 15. Annual report, 11 Jul 2026, page 59
- 16. Annual report, 11 Jul 2026, page 3
- 17. Annual report, 11 Jul 2026, page 59
- 18. Annual report, 11 Jul 2026, page 103
- 19. Annual report, 11 Jul 2026, page 58
- 20. Investor presentation, 26 Oct 2026, page 3
- 21. Investor presentation, 26 Oct 2026, page 4
- 22. Annual report, 11 Jul 2026, page 5
- 23. Investor presentation, 26 Oct 2026, page 12
- 24. Investor presentation, 26 Oct 2026, page 3
- 25. Annual report, 11 Jul 2026, page 59
- 26. Annual report, 11 Jul 2026, page 129
- 27. Investor presentation, 26 Oct 2026, page 3
- 28. Annual report, 11 Jul 2026, page 102
- 29. Investor presentation, 26 Oct 2026, page 18
- 30. Annual report, 11 Jul 2026, page 129
- 31. Annual report, 11 Jul 2026, page 102
- 32. Investor presentation, 26 Oct 2026, page 14
- 33. Investor presentation, 26 Oct 2026, page 3
- 34. Investor presentation, 26 Oct 2026, page 3
- 35. Annual report, 11 Jul 2026, page 129
- 36. Investor presentation, 26 Oct 2026, page 26
- 37. Investor presentation, 26 Oct 2026, page 4
- 38. Investor presentation, 26 Oct 2026, page 26
- 39. Investor presentation, 26 Oct 2026, page 28
- 40. Investor presentation, 26 Oct 2026, page 28
- 41. Investor presentation, 26 Oct 2026, page 29
- 42. Investor presentation, 26 Oct 2026, page 4
- 43. Investor presentation, 26 Oct 2026, page 29
- 44. Exchange filing, 26 Oct 2026, page 1
- 45. Exchange filing, 26 Oct 2026, page 2
- 46. Exchange filing, 1 Sep 2026, page 1
- 47. Exchange filing, 1 Sep 2026, page 3
- 48. Exchange filing, 19 May 2026, page 1
- 49. Exchange filing, 19 May 2026, page 3
- 50. Exchange filing, 9 Jan 2026, page 3
- 51. Exchange filing, 9 Jan 2026, page 2
Results
Consolidated; ₹ crore.ITC Hotels quarterly results
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,054 Crup 12.62%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹203 Crup 11.40%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 19.2%
Revenue by quarter
Peak revenue ₹1,254 Cr, quarter to Mar 2026; lowest ₹816 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
| ₹ crore | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,061 | 816 | 839 | 1,231 | 1,254 | 936 | 1,054 |
| Net profit | 258 | 134 | 133 | 237 | 317 | 182 | 203 |
| Net margin | 24.3% | 16.4% | 15.9% | 19.2% | 25.3% | 19.4% | 19.2% |
Consolidated. The 7 quarters from Mar 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹4,139 Crup 16.28%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹821 Crup 28.80%
- Net margin
- 19.8%
Revenue by year
Peak revenue ₹4,139 Cr, year to Mar 2026; lowest ₹3,560 Cr, year to Mar 2025
Net profit by year, a loss in red
| ₹ crore | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue | 3,560 | 4,139 |
| Net profit | 638 | 821 |
| Net margin | 17.9% | 19.8% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- HotelsHotels, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,860 Crup 10.54%93.7%
- Real estateReal estate, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹211 Cr5.1%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹47 Crup 13.15%1.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.ITC Hotels PE ratio and valuation
Price to earnings
At or below today's level on 17% of 191 trading days since Jan 2026.
LowestHighest
Its median39.63Industry median26.09
Price to book
At or below today's level on 47% of 247 trading days over the last year.
LowestHighest
Its median3.05Industry median1.60
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 64% of 247 trading days over the last year.
LowestHighest
Its median0.00%Industry median0.50%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −29.5% | +28.5% | −45.7% | 0.7% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
107 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 64 of the 74 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 107 funds holding ITC Hotels
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 39
- CutCut. Funds that held fewer shares than at the end of the month before.
- 35
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 30
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
 Nippon India Multi Cap FundNippon India Mutual Fund | 2,25,34,778 | 0.69% | ₹369.9 Cr |
| Nippon India Growth Mid Cap FundNippon India Mutual Fund | 1,65,65,839 | 0.54% | ₹271.9 Cr |
 ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 1,47,97,369 | 0.32% | ₹242.9 Cr |
 Canara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund | 1,02,94,293 | 0.69% | ₹169.0 Cr |
 UTI Mid Cap FundUTI Mutual Fund | 72,11,394 | 0.99% | ₹118.4 Cr |
 Franklin India Mid Cap FundFranklin Templeton Mutual Fund | 59,93,530 | 0.81% | ₹98.4 Cr |
 PGIM India Midcap FundPGIM India Mutual Fund | 47,17,480 | 0.73% | ₹77.4 Cr |
 Edelweiss Mid Cap FundEdelweiss Mutual Fund | 44,96,583 | 0.38% | ₹73.8 Cr |
 Axis Large & Mid Cap FundAxis Mutual Fund | 43,18,200 | 0.43% | ₹70.9 Cr |
 HDFC Balanced Advantage FundHDFC Mutual Fund | 41,47,692 | 0.07% | ₹68.1 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.ITC Hotels insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
ITC Hotels competitors and peers
Hotels & Resorts, 73 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to ITC Hotels in market cap.Consumer services companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 The Indian Hotels CompanyINDHOTEL | 1,15,298 | 52.16 | 8.45 | +15.4% | +31.1% | 17.5% | 17.5% | 0.40% |
 Leela Palaces Hotels & ResortsTHELEELA | 21,370 | 46.16 | 3.26 | – | – | 7.3% | 8.7% | 0.00% |
 EIHEIHOTEL | 18,429 | 25.90 | 3.50 | +8.3% | +4.5% | 14.4% | 16.3% | 0.51% |
 Chalet HotelsCHALET | 17,858 | 33.82 | 4.83 | +6.0% | +85.3% | 15.7% | 13.7% | 0.25% |
 Ventive HospitalityVENTIVE | 12,576 | – | 2.28 | – | – | – | 8.4% | 0.00% |
 Lemon Tree HotelsLEMONTREE | 8,821 | 37.57 | 6.34 | +10.5% | +9.2% | 18.4% | 13.7% | 0.00% |
 India Tourism Development CorporationITDC | 5,218 | 63.46 | 12.34 | −9.4% | +3.5% | 20.9% | 20.4% | 0.48% |
 Juniper HotelsJUNIPER | 4,359 | 26.28 | 1.52 | +11.5% | +141.7% | 5.9% | 8.9% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.ITC Hotels dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹1.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 21 May 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.ITC Hotels announcements
Oct 2026
26 Oct · Business
26 Oct · Results
19 Oct · Board meeting
15 Oct · Disclosure
Sep 2026
22 Sep · Disclosure
21 Sep · Analysts
ITC Hotels share price by year
Each calendar year to 2025.ITC Hotels share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 197.43 | – | 254.75 | 160.44 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 29 Jan 2025.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 167.00 | 168.10 | 163.05 | 165.10 | 164.96 | 29,48,967 | 45.1% |
| 27 Oct 2026 | 169.00 | 174.40 | 165.49 | 166.30 | 169.23 | 1,97,74,211 | 37.2% |
| 26 Oct 2026 | 156.00 | 168.50 | 154.34 | 164.31 | 163.15 | 2,00,10,182 | 21.7% |
| 23 Oct 2026 | 161.83 | 161.83 | 154.40 | 156.25 | 156.57 | 26,13,897 | 48.2% |
| 22 Oct 2026 | 156.00 | 162.18 | 154.21 | 161.83 | 159.82 | 35,80,061 | 47.0% |
| 21 Oct 2026 | 159.00 | 159.89 | 155.10 | 156.18 | 156.75 | 11,79,414 | 49.0% |
| 19 Oct 2026 | 163.40 | 163.41 | 157.87 | 158.50 | 159.73 | 11,36,523 | 57.6% |
| 16 Oct 2026 | 159.70 | 163.00 | 158.00 | 162.48 | 161.21 | 23,10,899 | 49.9% |
| 15 Oct 2026 | 156.99 | 162.67 | 156.90 | 158.68 | 159.15 | 41,30,877 | 52.2% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- ITCHOTELS
- BSE code
- 544325
- ISIN
- INE379A01028
- Industry
- Leisure Services
- Website
- www.itchotels.com
- CIN
- L55101WB2023PLC263914
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2023
- Registered office
- 37, Virginia House, Jawaharlal Nehru Road, Kolkata 700071, West Bengal
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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