On 6 Nov 2026, Espire Hospitality was priced at ₹115.95, or 16.9× trailing earnings, against an industry P/E of 16.9×, and the shares are 73% below their 52-week high. Its ROCE of 12% is the second-highest among its 6 Resorts & Casinos peers, and sales grew 94% a year over 3 years. Debt is 2.76× equity. It is a small-cap company with a market cap of ₹173 Cr, ranked 5th of 7 Resorts & Casinos companies by market cap; the shares fell 71% over the past year.
- ₹139.95
- ₹139.95
- ₹115.00
- ₹120.30
- 2.3K
Health check
- ReturnsBehind
−71.4% over a year, better than 0 of 6 peers.
- Price tagIn line
P/E 16.9 vs industry 16.9.
- GrowthStrong
Sales +93.7%, profit +206.3% a year over 3 years.
- ProfitabilityAverage
ROCE 11.6% vs peer median 5.5%.
- Balance sheetStretched
Debt 2.76× equity, interest covered 2.2×, Piotroski 4 of 9.
- Red flags3 to check
Debt is 2.76× equity.
Small cap
Defensive
Key metrics
- Market cap
- ₹173 Cr
- Small cap
- P/E
- 16.9
- Industry 16.9
- Price to book
- 3.37
- Peers 2.00
- Dividend yield
- 0.00%
- ROE
- 17.2%
- Peers 5.8%
- ROCE
- 11.6%
- Peers 5.5%
- Debt to equity
- 2.76
- Debt ₹141 Cr
- EPS (TTM)
- ₹6.85
- OPM (TTM)
- 17.5%
- Net margin 6.7%
- Sales growth
- +17.8%
- Latest quarter vs a year ago
- Profit growth
- +83.2%
- Latest quarter vs a year ago
- Price to sales
- 1.24
- EV/EBITDA 12.3
Strengths and risks
Strengths
- Quarterly profit up 83.2% on a year ago.
- Quarterly sales up 17.8% on a year ago.
Risks to check
- Debt is 2.76× equity.
- 73% below its 52-week high.
- Interest coverage of only 2.9×.
About Espire Hospitality
Espire Hospitality Limited engages in the hospitality business in India. The company also operates, manages, develops, renovates and promotes hotels/resorts and provides related services under the Country Inn, Six Senses, and the Zana brand names. It also offers accommodation, boutique luxury, food and beverage services, banqueting, wellness facilities, and allied hospitality services under multiple brands, including Six Senses Fort Barwara, Zana Luxury…
- Headquarters
- New Delhi
- Employees
- 571
- Sector
- Consumer Cyclical
- ISIN
- INE176O01011
- Website
- espirehospitality.com
Price range
- Avg volume (3M)
- 680
- 1-year return
- minus 71.4%
- From 52-week high
- minus 73.0%
Peers · Resorts & Casinos
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ITCHOTELSITC Hotels | 174.41 | minus 1.20% | 36,333 | 38.9 | 3.08 | 9.2% | 8.2% | 35.2% | – | – | 0.57% | minus 17.9% |
| MHRILMahindra Holidays & Resorts India | 197.86 | plus 0.85% | 3,990 | 72.5 | 5.04 | 3.6% | 7.0% | 19.9% | 5.9% | −15.5% | 0.00% | minus 40.7% |
| DELTACORPDelta Corp | 75.14 | minus 1.91% | 2,012 | – | 1.05 | 5.1% | −13.7% | 17.1% | −10.6% | −31.1% | 0.67% | minus 0.3% |
| SSPRLSilverstorm Parks and Resorts | 122.65 | plus 8.20% | 278 | 14.6 | 1.52 | 14.7% | 15.6% | 67.7% | 36.9% | 154.4% | 0.00% | minus 3.4% |
| ESPIREEspire Hospitality | 115.95 | minus 3.62% | 173 | 16.9 | 3.37 | 11.6% | 17.2% | 17.5% | 93.7% | 206.3% | 0.00% | minus 71.4% |
| BHARATAGRIBharat Agri Fert and Realty | 20.60 | plus 2.03% | 109 | – | 2.48 | 1.6% | −10.6% | 26.3% | −1.3% | – | 0.00% | minus 35.2% |
| VALINDIAValencia India | 17.01 | minus 2.13% | 22 | 9.2 | 0.38 | 6.0% | 4.5% | 39.2% | 19.5% | 57.9% | 0.00% | minus 21.0% |
| Median of 6 peers | – | −0.18% | 1,145 | 26.8 | 2.00 | 5.5% | 5.8% | 30.7% | 5.9% | 21.2% | 0.00% | −19.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 31.7 | 18.9 | 41 | 42.7 | 37.4 | |
| 24.1 | 20.9 | 26.3 | 37.8 | 30.4 | |
| 7.6 | −2 | 14.6 | 4.9 | 6.9 | |
| 23.9% | −10.8% | 35.7% | 11.5% | 18.5% | |
| 0 | 0.2 | 0.5 | 6.1 | 2.7 | |
| 3.4 | 1.2 | 1.9 | 3.1 | 2.7 | |
| 2.3 | 2.8 | 2.1 | 3.5 | 3.6 | |
| 1.9 | −5.9 | 11.2 | 4.4 | 3.4 | |
| 25.2% | 2.5% | 26.7% | 3.1% | 22.0% | |
| 1.4 | −5.7 | 8.2 | 4.2 | 2.6 | |
| 1.04 | -3.81 | 6.07 | 2.84 | 1.75 |
Profit & loss
- Sales CAGR 3Y
- +93.7%
- Profit CAGR 3Y
- +206.3%
- EPS CAGR 3Y
- +196.3%
- ROE
- 17.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.8 | 33.7 | 117 | 130 | |
| – | +89.0% | +246.3% | +11.1% | |
| 14.2 | 26.8 | 94.3 | 103 | |
| 3.6 | 6.9 | 22.5 | 26.7 | |
| 20.1% | 20.6% | 19.2% | 20.6% | |
| 0.1 | 0.4 | 0.4 | 6.4 | |
| 0.5 | 1.1 | 6.6 | 9.3 | |
| 2.6 | 3.6 | 5.4 | 10.7 | |
| – | – | – | −1.6 | |
| 0.5 | 2.6 | 10.8 | 11.6 | |
| 40.7% | 2.9% | 23.5% | 29.8% | |
| 0.3 | 2.6 | 8.3 | 8.1 | |
| – | +805.0% | +223.7% | minus 1.8% | |
| 0.21 | 1.89 | 5.54 | 5.44 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.5 | 13.5 | 14.9 | 14.9 | |
| −12.7 | −10.2 | 28.6 | 36.2 | |
| 17.7 | 53.7 | 106 | 141 | |
| 8 | 12.7 | 31.5 | 43.5 | |
| 26.4 | 69.8 | 181 | 236 | |
| 20.2 | 55.2 | 108 | 132 | |
| 7.4 | 2 | 19.8 | 47.6 | |
| 0.1 | 0.3 | 0.6 | 1.1 | |
| −1.4 | 12.3 | 52.4 | 54.9 | |
| 26.4 | 69.8 | 181 | 236 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.7 | 3.4 | −18.9 | 2.7 | |
| −9.6 | −36.3 | −25.5 | −24.4 | |
| 4 | 33.2 | 44.7 | 22.1 | |
| −0 | 0.2 | 0.3 | 0.5 | |
| −9.7 | −35.7 | −24.4 | −27.1 | |
| −4.1 | −32.3 | −43.3 | −24.4 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 2.1% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.