- The net income of Indian Hotels for the 4th quarter stood at 4.18 billion rupees, which is a 27% year-over-year increase. However, this missed the estimated figure of 4.26 billion rupees.
- The company generated revenue of 19.1 billion rupees, showing a 17% growth year-over-year, but slightly lower than the estimated 19.14 billion rupees.
- The total costs incurred was 14.2 billion rupees, marking a 14% increase from the previous year.
- Indian Hotels saw a remarkable increase in other income, which was up 58% year-over-year to 461.2 million rupees.
- The company declared a dividend per share of 1.75 rupees.
- Current recommendations for the company are 14 buys, 5 holds, and 2 sells.
- All comparisons to past results are based on values reported by the company in its original disclosures.
A look at Indian Hotels Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have assigned Indian Hotels a mixed bag of Smart Scores, indicating a somewhat favorable long-term outlook for the hospitality company. With above-average scores in Growth and Momentum, Indian Hotels appears to be eyeing opportunities for expansion and has demonstrated strong recent performance in the market.
Despite its promising growth potential, Indian Hotels lags slightly behind in Value and Dividend scores, suggesting that investors may need to carefully consider the company’s valuation and dividend payout policies. However, with a respectable score in Resilience, Indian Hotels shows a solid ability to weather market fluctuations and challenges. The company’s diversified portfolio, including luxury, business, and leisure hotels, positions it well to cater to various segments of the market.
Summary: Indian Hotels Company Limited operates The Taj Group of hotels. The Company owns or maintains long term leases/licenses for hotels in India, in addition to International hotels. The Group’s hotels are divided into three groups: Luxury, Business, and, Leisure.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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