Chalet Hotels Ltd
NSE: CHALET BSE: 542399Infra
Chalet Hotels is engaged in the business of hospitality (hotels), commercial and retail operations and real estate development.(Source : 202003-01 Annual Report Page No:113)
₹782
52W: ₹690 — ₹1082
PE 25.7 · Book ₹171 · +357% vs bookMarket Cap₹17,130 Cr
Stock P/E25.7Price to Earnings
ROCE17.8%Return on Capital
ROE19.5%Return on Equity
Div. Yield0.13%Face Value ₹10
Strengths
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 51.2% CAGR over last 5 years
Weaknesses
- −Stock is trading at 4.57 times its book value
- −Promoters have pledged 31.9% of their holding.
- −Promoter holding has decreased over last 3 years: -4.37%
Shareholding Pattern
Promoters67.29%
FIIs4.71%
DIIs24.57%
Public3.43%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 67.52% | 67.48%▼0.0 | 67.41%▼0.1 | 67.41% | 67.4%▼0.0 | 67.34%▼0.1 | 67.33%▼0.0 | 67.29%▼0.0 |
| FIIs | 6.81% | 7.04%▲0.2 | 7.52%▲0.5 | 5.23%▼2.3 | 5.29%▲0.1 | 5.73%▲0.4 | 5.08%▼0.7 | 4.71%▼0.4 |
| DIIs | 21.47% | 21.46%▼0.0 | 21.21%▼0.3 | 23.93%▲2.7 | 23.92%▼0.0 | 23.4%▼0.5 | 23.99%▲0.6 | 24.57%▲0.6 |
| Public | 4.2% | 4.04%▼0.2 | 3.86%▼0.2 | 3.41%▼0.4 | 3.38%▼0.0 | 3.53%▲0.1 | 3.61%▲0.1 | 3.43%▼0.2 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 371 | 411 | 348 | 361 | 434 | 484 | 851 | 705 | 516 | 498 |
| Expenses | 205 | 236 | 214 | 216 | 236 | 251 | 512 | 413 | 276 | 254 |
| Operating Profit | 166 | 175 | 133 | 144 | 198 | 234 | 339 | 292 | 240 | 244 |
| OPM % | 45% | 42% | 38% | 40% | 46% | 48% | 40% | 41% | 46% | 49% |
| Net Profit | 73 | 82 | 67 | -130 | 102 | 133 | 205 | 168 | 127 | 167 |
| EPS ₹ | 3.56 | 3.98 | 3.06 | -5.98 | 4.67 | 6.11 | 9.36 | 7.66 | 5.78 | 7.62 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹2,570Cr, up 58% YoY. OPM at 43%.
Debt Position
Borrowings at ₹2,105Cr. Debt-to-equity ratio: 0.60x. Moderate leverage.
Capex Cycle
CWIP at ₹76Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 24.57% (+3.07pp change). FIIs: 4.71% (+1.74pp change). Promoters hold 67.29%.
Margin & Efficiency
ROCE improving from 0% (Mar 2016) to 18% (Mar 2026). Working capital days: -30.
Valuation
PE 25.7x with 17.8% ROCE. Price is 357% above book value of ₹171. Dividend yield: 0.13%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 2d - Audio recording shared for earnings call on audited Q4 and FY2026 results, held May 15, 2026.
- Outcome Of The Board Meeting With Regards To 'Request For Re-Classification From Persons Forming Part Of Promoter Group To Public' 2d - Board approved reclassification of two zero-share promoter-group entities to public, subject to NSE/BSE approvals.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 14 May - Chalet Hotels reported FY26 revenue of INR 28,124 million, PAT INR 6,450 million, and crossed 5,000 keys.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse