Motilal Oswal Maintains 'Buy' On Indian Hotels, Here's Why

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Indian Hotels Company Ltd. is a frontrunner in the hospitality sector with its strategic vision, operational excellence, and innovative growth avenues. Its ‘Accelerate 2030’ plan highlights its ambitious growth strategy, with a focus on doubling its hotel portfolio, driving 14% revenue CAGR, and achieving a balanced revenue mix from traditional and new businesses. The company’s capital-light approach, emphasis on revenue per available room leadership, and expansion into emerging trends like wellness and sustainable tourism will ensure Indian Hotels captures the robust demand. We believe the company's financial discipline and operational agility position it to achieve its 2030 goals. Over FY24-27, we expect Indian Hotels to deliver a CAGR of 18%/24%/26% in revenue/Ebitda/adjusted PAT.We have largely maintained our FY26 Ebitda estimates and raised our FY27 estimates by 8% to incorporate healthy average room rate growth (~7% YoY), a robust hotel pipeline and an increase in food and beverage revenue, backed by healthy MICE growth. We maintain Buy target price with a target price of Rs 880 (based on FY27E SoTP)..Click on the attachment to read the full report:.PSP Projects Signs Share Purchase Agreement With Adani Group: HDFC Securities.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Motilal Oswal Maintains 'Buy' On Indian Hotels, Here's Why

The brokerage believes the company's financial discipline and operational agility position it to achieve its 2030 goals.

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Motilal Oswal Maintains 'Buy' On Indian Hotels, Here's Why

The brokerage believes the company's financial discipline and operational agility position it to achieve its 2030 goals.

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