As of 6 Nov 2026, Chalet Hotels trades at 30.1× trailing earnings, above the industry P/E of 28.0×, and the shares are 14% below their 52-week high. Sales and net profit grew 35% and 52% a year over 3 years, with ROCE of 17% and ROE of 16%. Debt is 0.70× equity, and its dividend yield is 0.3%. It is a small-cap company with a market cap of ₹17,754 Cr, ranked 4th of 54 Lodging companies by market cap; the shares fell 14% over the past year.
- ₹811.10
- ₹822.35
- ₹801.90
- ₹823.25
- 81.3K
Health check
- ReturnsIn line
−14.4% over a year, better than 3 of 7 peers.
- Price tagIn line
P/E 30.1 vs industry 28.0.
- GrowthStrong
Sales +34.9%, profit +52.1% a year over 3 years.
- ProfitabilityAverage
ROCE 16.6% vs peer median 13.5%.
- Balance sheetFair
Debt 0.70× equity, interest covered 5.5×, Piotroski 6 of 9.
- Red flags1 to check
Quarterly sales down 30.4% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹17,754 Cr
- Small cap
- P/E
- 30.1
- Industry 28.0
- Price to book
- 4.46
- Peers 3.72
- Dividend yield
- 0.25%
- ROE
- 15.9%
- Peers 13.8%
- ROCE
- 16.6%
- Peers 13.5%
- Debt to equity
- 0.70
- Debt ₹2,784 Cr
- EPS (TTM)
- ₹26.90
- Face value ₹10
- OPM (TTM)
- 45.6%
- Net margin 27.4%
- Sales growth
- −30.4%
- Latest quarter vs a year ago
- Profit growth
- +39.6%
- Latest quarter vs a year ago
- Price to sales
- 8.24
- EV/EBITDA 20.4
Strengths and risks
Strengths
- Quarterly profit up 39.6% on a year ago.
- Net margin of 27.4%.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly sales down 30.4% on a year ago.
About Chalet Hotels
Chalet Hotels Limited owns, develops, manages, and operates hotels and resorts in India. It also operates in rental and annuity, and real estate development business. The company's portfolio comprises hotels and commercial spaces. In addition, it engages in construction and development of residential properties. Chalet Hotels Limited was incorporated in 1986 and is headquartered in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 3,032
- Sector
- Consumer Cyclical
- ISIN
- INE427F01016
- Website
- chalethotels.com
Price range
- Avg volume (3M)
- 1.6 L
- 1-year return
- minus 14.4%
- From 52-week high
- minus 13.8%
Analyst consensus
Peers · Lodging
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INDHOTELIndian Hotels Co. | 888.00 | plus 1.49% | 1,26,401 | 57.2 | 9.27 | 17.4% | 16.5% | 32.9% | 18.6% | 27.6% | 0.37% | plus 17.7% |
| THELEELALeela Palaces Hotels & Resorts | 692.30 | plus 0.37% | 23,120 | 37.2 | 3.53 | 8.3% | 7.2% | 48.9% | 21.1% | – | 0.00% | plus 56.7% |
| EIHOTELEIH | 313.05 | plus 1.72% | 19,577 | 27.5 | 3.72 | 16.2% | 12.7% | 34.1% | 13.3% | 25.9% | 0.48% | minus 22.9% |
| CHALETChalet Hotels | 810.70 | minus 1.52% | 17,754 | 30.1 | 4.46 | 16.6% | 19.1% | 44.1% | 34.9% | 52.1% | 0.25% | minus 14.4% |
| VENTIVEVentive Hospitality | 540.55 | plus 1.53% | 12,624 | 28.0 | 2.23 | 9.7% | 8.3% | 43.2% | 13.0% | – | 0.00% | minus 27.8% |
| LEMONTREELemon Tree Hotels | 117.39 | minus 0.12% | 9,295 | 36.1 | 6.16 | 13.5% | 17.8% | 47.5% | 16.3% | 25.6% | 0.00% | minus 30.0% |
| ITDCIndia Tourism Development Corporation | 630.65 | minus 0.30% | 5,409 | 65.6 | 12.80 | 26.6% | 21.1% | 17.0% | 4.6% | 14.5% | 0.47% | plus 3.2% |
| ELEVATEElevate Campuses | 279.25 | minus 2.39% | 4,706 | 22.7 | 0.65 | 8.8% | 13.8% | 56.3% | 22.9% | 77.0% | 0.00% | minus 13.5% |
| Median of 7 peers | – | 0.37% | 12,624 | 36.1 | 3.72 | 13.5% | 13.8% | 43.2% | 16.3% | 25.9% | 0.00% | −13.5% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 895 | 582 | 558 | 512 | 502 | |
| 537 | 317 | 292 | 278 | 284 | |
| 357 | 265 | 266 | 234 | 218 | |
| 39.9% | 45.6% | 47.6% | 45.7% | 43.3% | |
| 13.8 | 7.5 | 12.8 | 9 | 9.4 | |
| 48.5 | 45.9 | 40.6 | 39.5 | 41.7 | |
| 53.9 | 58.5 | 60.2 | 61.2 | 61.1 | |
| – | −1 | – | −9.8 | – | |
| 269 | 167 | 178 | 133 | 124 | |
| 24.4% | 25.8% | 8.4% | 35.0% | −74.2% | |
| 203 | 124 | 163 | 86.1 | 216 | |
| 9.28 | 5.66 | 7.44 | 3.93 | 9.87 |
Profit & loss
- Sales CAGR 3Y
- +34.9%
- Profit CAGR 3Y
- +52.1%
- EPS CAGR 3Y
- +48.8%
- ROE
- 15.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,128 | 1,417 | 1,718 | 2,770 | |
| – | +25.6% | +21.2% | +61.2% | |
| 667 | 824 | 974 | 1,572 | |
| 461 | 593 | 744 | 1,198 | |
| 40.9% | 41.9% | 43.3% | 43.2% | |
| 41.6 | 16.4 | 20.6 | 29.8 | |
| 154 | 197 | 159 | 180 | |
| 117 | 138 | 179 | 230 | |
| 41.2 | −5.2 | 7.4 | 1.3 | |
| 273 | 269 | 434 | 819 | |
| 32.8% | −3.3% | 67.2% | 21.2% | |
| 183 | 278 | 143 | 645 | |
| – | +51.7% | minus 48.7% | +352.5% | |
| 8.94 | 13.53 | 6.52 | 29.46 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 205 | 205 | 218 | 219 | |
| 1,337 | 1,646 | 2,828 | 3,479 | |
| 2,667 | 2,805 | 2,604 | 2,368 | |
| 722 | 1,093 | 1,413 | 1,243 | |
| 4,931 | 5,750 | 7,063 | 7,309 | |
| 2,247 | 2,546 | 3,378 | 3,513 | |
| 97.8 | 64.4 | 257 | 175 | |
| 45.9 | 64.8 | 87.2 | 110 | |
| 98.3 | 130 | 235 | 206 | |
| 2,442 | 2,944 | 3,106 | 3,305 | |
| 4,931 | 5,750 | 7,063 | 7,309 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 477 | 689 | 950 | 1,067 | |
| −592 | −635 | −1,385 | −575 | |
| 126 | −108 | 496 | −466 | |
| 10.5 | −53.2 | 60.6 | 25 | |
| −175 | −436 | −969 | −338 | |
| 302 | 253 | −18.7 | 729 | |
| – | – | – | −21.7 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 27.3% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.