ORIENTHOT
Oriental Hotels share price & financials
- Price
- ₹121.31
- Market cap
- ₹2.5k Cr
- Sector
- Consumer Services
What Oriental Hotels Limited does
Oriental Hotels Limited (OHL), established in 1970, owns and operates hotels under the Tata Group's Taj, Vivanta and Gateway brands across six South Indian cities — Chennai, Coimbatore, Cochin, Mangalore, Madurai and Coonoor — earning revenue from room accommodation, food & beverage outlets and banquet/event spaces. The company operates under a management alliance with Indian Hotels Company Limited (IHCL) spanning more than five decades, under which IHCL runs day-to-day operations, branding, training and guest-experience standards for OHL's hotels. Beyond its own properties, OHL holds overseas hospitality interests through a wholly owned Hong Kong subsidiary used to route overseas investments, an associate company owning a resort in Sri Lanka, and a joint venture with IHCL that operates resorts in Sri Lanka and the Maldives.
Segments
- Hotels & Resorts
- Owned & operated hotels
- 7
- Total room inventory
- 825 rooms (including 59 suites)
- Geographic footprint (India)
- 6 cities across South India — Chennai, Coimbatore, Cochin, Mangalore, Madurai, Coonoor
- Hotel brands operated
- Taj, Vivanta, Gateway (IHCL/Tata Group brands)
- Overseas resort interests (via JV/associate)
- 4 hotels — 2 in Sri Lanka (Taj Bentota, Taj Samudra Colombo), 2 in Maldives (Taj Exotica, Taj Coral Reef)
- Overseas investment subsidiary
- OHL International (HK) Ltd, Hong Kong
Quarterly results
Q1 FY27: revenue up 3.6%, net profit down 20.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 103 | 122 | 133 | 108 | 110 +7% | 139 +14% | 136 +3% | 111 +4% |
| EBITDA | 25 | 35 | 39 | 26 | 26 +6% | 42 +21% | 39 −1% | 23 −9% |
| Net profit | 6 | 15 | 19 | 7 | 8 +39% | 21 +36% | 32 +67% | 5 −20% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −3.5% 1Y
1Y: ₹146.54 on 10 Sept 2025 → ₹141.35. High ₹146.54 (10 Sept 2025), low ₹82.01 (30 Mar 2026).
Financials, as filed
Revenue grew 7.8% a year over 3 years, FY23 to FY26. Operating margin narrowed to 26.8%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹394 Cr | ₹393 Cr | ₹440 Cr | ₹494 Cr |
| Operating profit | ₹112 Cr | ₹98 Cr | ₹110 Cr | ₹132 Cr |
| Operating margin | 28.4% | 24.9% | 25.0% | 26.8% |
| Interest | ₹20 Cr | ₹17 Cr | ₹17 Cr | ₹14 Cr |
| Depreciation | ₹23 Cr | ₹24 Cr | ₹33 Cr | ₹34 Cr |
| Net profit | ₹52 Cr | ₹50 Cr | ₹39 Cr | ₹68 Cr |
| Net margin | 13.2% | 12.6% | 8.9% | 13.8% |
| Cash from operations | ₹104 Cr | ₹91 Cr | ₹100 Cr | ₹128 Cr |
| Free cash flow | ₹72 Cr | ₹14 Cr | ₹30 Cr | ₹93 Cr |
| ROCE | 13.0% | 11.0% | 9.0% | 12.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹433 Cr | ₹422 Cr | ₹521 Cr | ₹601 Cr | ₹674 Cr | ₹744 Cr |
| Borrowings | ₹253 Cr | ₹280 Cr | ₹215 Cr | ₹202 Cr | ₹188 Cr | ₹131 Cr |
| Other liabilities | ₹67 Cr | ₹66 Cr | ₹74 Cr | ₹70 Cr | ₹95 Cr | ₹89 Cr |
| Total liabilities | ₹771 Cr | ₹786 Cr | ₹828 Cr | ₹890 Cr | ₹974 Cr | ₹981 Cr |
| Fixed assets | ₹372 Cr | ₹355 Cr | ₹380 Cr | ₹388 Cr | ₹480 Cr | ₹478 Cr |
| Capital work in progress | ₹5 Cr | ₹0 Cr | ₹4 Cr | ₹54 Cr | ₹5 Cr | ₹1 Cr |
| Investments | ₹248 Cr | ₹252 Cr | ₹296 Cr | ₹334 Cr | ₹372 Cr | ₹397 Cr |
| Other assets | ₹146 Cr | ₹179 Cr | ₹148 Cr | ₹114 Cr | ₹117 Cr | ₹105 Cr |
| Total assets | ₹771 Cr | ₹786 Cr | ₹828 Cr | ₹890 Cr | ₹974 Cr | ₹981 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs trimmed −1.54 pp while promoters added +0.97 pp. The shareholder count shrank 2% to 74,048.
- Promoters
- 68.5%
- FIIs
- 0.4%
- DIIs
- 1.1%
- Public
- 30.0%
Since Jun 2025
- DIIs −1.54 pp
- Promoters +0.97 pp
- Public +0.61 pp
How it drifted, 12 quarters
Over this window the public fell from 31.3% to 30.0% — −1.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 67.6%, FIIs 0.4%, DIIs 0.8%, Public 31.3%.Dec '23: Promoters 67.6%, FIIs 0.7%, DIIs 1.9%, Public 29.8%.Mar '24: Promoters 67.6%, FIIs 0.6%, DIIs 2.7%, Public 29.2%.Jun '24: Promoters 67.6%, FIIs 0.7%, DIIs 2.7%, Public 29.0%.Sep '24: Promoters 67.6%, FIIs 0.5%, DIIs 2.7%, Public 29.2%.Dec '24: Promoters 67.6%, FIIs 0.7%, DIIs 2.7%, Public 29.1%.Mar '25: Promoters 67.6%, FIIs 0.4%, DIIs 2.7%, Public 29.3%.Jun '25: Promoters 67.6%, FIIs 0.4%, DIIs 2.7%, Public 29.4%.Sep '25: Promoters 67.6%, FIIs 0.6%, DIIs 2.4%, Public 29.4%.Dec '25: Promoters 67.6%, FIIs 0.5%, DIIs 1.2%, Public 30.8%.Mar '26: Promoters 68.3%, FIIs 0.4%, DIIs 1.1%, Public 30.2%.Jun '26: Promoters 68.5%, FIIs 0.4%, DIIs 1.1%, Public 30.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Chilamilika Lalini Hariani +0.28 pp 1.42% held
- Brij Hospitality Private Limited newly disclosed 0.00% held
- Bramha Foundation newly disclosed 0.00% held
- WILDSCAPES LIMITED (Formerly known as Taj Safaris Limited) newly disclosed 0.00% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Oriental Hotels Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| The Indian Hotels Company Limited | 28.54% | unchanged |
| Pramod Ranjan | 8.00% | unchanged |
| Ihoco B.V. | 5.25% | unchanged |
| D. Varada Reddy | 3.70% | unchanged |
| Ramesh Doulatram Hariani | 2.14% | unchanged |
| Piem Hotels Limited | 2.05% | unchanged |
| Dodla Amit Reddy | 1.68% | unchanged |
| Girija Gollamudi Reddy | 1.50% | unchanged |
| D. Vijayagopal Reddy | 1.45% | unchanged |
| Chilamilika Lalini Hariani | 1.42% | +0.28 pp |
| Tata Chemicals Limited | 1.41% | unchanged |
| Rohit Reddy D | 1.24% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹141, this stock must grow earnings at 26% every year for 7 years. Our analysis caps realistic growth at ~10%. At that growth it is worth ₹59 — downside of 58%.
- Growth the price implies
- 26.4% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 9.4% a year
- net profit, FY23–FY26 · EPS 9.7%
- The gap
- 0.2 pp
- -58% downside if it only repeats history
Learn to analyse Oriental Hotels Limited
Guides on how to read this kind of business and the numbers that matter.