External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Strong Operating Performance: IHCL delivered another strong quarter with consolidated revenue rising 15% YoY, while EBITDA grew 17% YoY to Rs 673 Cr, translating into an EBITDA margin of 28.8%.</li><li>The hotel business remained the key growth driver, with room revenue increasing 13% YoY and domestic RevPAR growing 14%, supported by a 600 bps YoY improvement in occupancy to 82% alongside healthy ARR growth.</li><li>Management highlighted that both leisure and business destinations witnessed broad-based demand, with Rajasthan and Goa outperforming, reinforcing confidence in the sustainability of domestic hospitality demand.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Strong Operating Performance: IHCL delivered another strong quarter with consolidated revenue rising 15% YoY, while EBITDA grew 17% YoY to Rs 673 Cr, translating into an EBITDA margin of 28.8%.The hotel business remained the key growth driver, with room revenue increasing 13% YoY and domestic RevPAR growing 14%, supported by a 600 bps YoY improvement in occupancy to 82% alongside healthy ARR growth.Management highlighted that both leisure and business destinations witnessed broad-based demand, with Rajasthan and Goa outperforming, reinforcing confidence in the sustainability of domestic hospitality demand.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indian Hotels Company Ltd - Strong Quarter; Confident FY27 Outlook