| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 246 | 257 | 255 | 277 | 246 | 241 | 285 | 238 | 59 | 64 | 89 | 99 | 75 | 137 | 166 | 154 | 260 | 252 | 382 | 346 | 315 | 318 | 380 | 424 | 369 | 383 | 465 | 537 | 908 | 744 |
| Expenses | 160 | 205 | 134 | 174 | 162 | 155 | 167 | 165 | 60 | 62 | 73 | 95 | 80 | 96 | 130 | 118 | 152 | 163 | 176 | 204 | 201 | 189 | 208 | 235 | 221 | 228 | 253 | 281 | 537 | 436 |
| EBITDA | 86 | 53 | 121 | 103 | 84 | 85 | 118 | 73 | -1 | 2 | 16 | 4 | -4 | 42 | 36 | 36 | 108 | 89 | 206 | 142 | 114 | 130 | 172 | 189 | 148 | 156 | 211 | 257 | 371 | 308 |
| Operating Profit % | 32 % | 13 % | 46 % | 35 % | 33 % | 34 % | 40 % | 28 % | -13 % | -6 % | 11 % | 0 % | -14 % | 25 % | 21 % | 21 % | 40 % | 34 % | 39 % | 40 % | 35 % | 40 % | 44 % | 44 % | 39 % | 40 % | 45 % | 46 % | 40 % | 41 % |
| Depreciation | 29 | 28 | 29 | 30 | 28 | 28 | 28 | 29 | 30 | 30 | 30 | 29 | 29 | 31 | 29 | 30 | 30 | 30 | 28 | 30 | 31 | 35 | 35 | 37 | 39 | 42 | 48 | 50 | 54 | 57 |
| Interest | 86 | 54 | 70 | 56 | 36 | 37 | 34 | 40 | 40 | 39 | 37 | 35 | 36 | 39 | 34 | 36 | 39 | 38 | 37 | 41 | 45 | 50 | 48 | 53 | 32 | 34 | 45 | 48 | 49 | 45 |
| Profit Before Tax | -30 | -29 | 23 | 17 | 21 | 20 | 56 | 5 | -70 | -67 | -51 | -60 | -69 | -28 | -26 | -30 | 39 | 21 | 141 | 72 | 37 | 45 | 89 | 99 | 78 | 79 | 118 | 159 | 269 | 205 |
| Tax | -7 | -16 | 9 | 4 | 7 | 10 | 22 | -37 | -31 | -24 | -20 | -34 | -28 | -14 | -12 | -19 | 10 | 6 | 39 | 35 | -52 | 8 | 18 | 17 | 17 | 218 | 22 | 35 | 66 | 50 |
| Net Profit | -23 | -12 | 14 | 13 | 14 | 10 | 33 | 42 | -39 | -43 | -31 | -26 | -42 | -14 | -14 | -12 | 29 | 16 | 102 | 37 | 89 | 36 | 71 | 82 | 61 | -139 | 97 | 124 | 203 | 155 |
| EPS in ₹ | -1.33 | -0.73 | 0.83 | 0.69 | 0.68 | 0.50 | 1.62 | 2.09 | -1.92 | -2.08 | -1.51 | -1.25 | -2.03 | -0.67 | -0.72 | -0.56 | 1.39 | 0.77 | 4.99 | 1.79 | 4.32 | 1.78 | 3.44 | 4.01 | 2.79 | -6.35 | 4.42 | 5.68 | 9.30 | 7.08 |
Chalet Hotels
Chalet Hotels
907.10
+14.25
(1.60%)
Key Fundamentals
Market Cap
19,525.30 Cr
EPS
6.53
PE Ratio
34.29
Dividend Yield
0.00 %
Industry
Leisure Services 52 Week High
1,082.00
52 Week Low
634.05
PB Ratio
5.81
Debt to Equity
1.03
Sector
Hotels & Resorts Analyst Rating and Forecast
- By Refinitiv from16 analysts
Actual
Company News
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Chalet Hotels Reports 94% Revenue Growth, Launches Athiva Brand and Declares Maiden Dividend11 hours ago
Chalet Hotels Limited reported consolidated revenue of INR 7.4 billion, up 94% year-on-year, with EBITDA rising 98% to INR 3.1 billion. The growth was driven by residential project revenue recognition of INR 2.8 billion from 55 apartment sales at Vivarea Bangalore. Excluding residential business, core hospitality and commercial revenue grew 20% to INR 4.6 billion. Hospitality revenue increased 13% to INR 3.8 billion with ADR jumping 16% to INR 12,170, though occupancy dropped 7 percentage points to 67% due to weather disruptions and new inventory ramp-up. Commercial real estate revenue surged 76% to INR 738 million. The company launched its new premium lifestyle brand Athiva Hotels & Resorts, starting with the rebranded Dukes Retreat in Khandala, with 5 additional properties identified for conversion. The board declared a maiden interim dividend of INR 1 per share. MD and CEO Dr. Sanjay Sethi announced his stepping down on January 31, 2026, with Shwetank Singh taking over leadership.
Chalet Hotels anticipates robust performance in the second half of the financial year, driven by the wedding season and recovering travel demand. Executive Director Shwetank Singh noted that the second half traditionally accounts for 55% of annual business versus 45% in the first half. The company expects benefits from deferred auspicious wedding dates and strong bookings for November and February, its highest-performing months. International travel recovery is contributing significantly, with direct flights resuming and expat movement returning to pre-pandemic levels. This segment provides better average daily rates and higher food and beverage consumption. The company reported a 7% year-on-year decline in portfolio occupancy for the quarter, attributed to fewer auspicious wedding dates and extended weekends affecting resort bookings. Chalet Hotels maintains a debt level of approximately Rs 2,100 crore with a 2.8 debt-to-EBITDA multiple, well below its 3.5 target ceiling. Singh indicated that debt servicing is covered by lease rentals, freeing up hospitality cash flows for growth investments.
Chalet Hotels Limited's Board of Directors declared an interim dividend of Re. 1 per equity share (10% on face value of Rs. 10) for Financial Year 2025-26. The dividend will be paid to shareholders holding equity shares as on the record date of November 11, 2025, within 30 days of declaration through electronic mode. The company has informed shareholders about tax deduction at source (TDS) obligations on dividend payments, with TDS rates varying from nil to 20% for resident shareholders and 20% for non-resident shareholders, depending on documentation provided. Shareholders must update their PAN, residential status, email address, and bank account details with their depository participants before the record date. The dividend payment will be subject to applicable TDS deductions as per Income Tax Act provisions.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
706.95 | #1 99,320.00 | 54.59 | #1 8,565.00 | 23.21 | #1 1,961 | -45.37 | 39.96 | |
208.00 | 43,241.40 | 58.50 | 3,626.10 | #1 62.11 | 638 | 74.02 | 33.80 | |
377.30 | 24,173.50 | 34.03 | 2,879.50 | 9.65 | 770 | -12.13 | 41.23 | |
907.10 | #4 19,525.30 | #3 34.29 | #5 1,754.10 | #3 22.07 | #6 143 | #2 211.77 | 39.69 | |
723.75 | 16,732.10 | 95.60 | 1,672.50 | 11.97 | 165 | 43.56 | 45.89 | |
163.24 | 12,640.30 | 47.66 | 1,299.00 | 19.88 | 243 | 139.30 | 46.11 | |
312.60 | 6,339.30 | 47.72 | 2,909.80 | 3.20 | 126 | 46.96 | 24.25 | |
245.45 | 5,422.40 | 47.95 | 975.70 | 18.08 | 71 | 160.43 | 30.67 | |
594.70 | 5,006.80 | 71.31 | 591.40 | 12.11 | 81 | -31.09 | 44.46 | |
184.51 | 4,153.40 | #1 21.82 | 1,149.70 | 17.47 | 86 | #1 692.06 | 32.35 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
22.07 %
Net Income Growth
-48.78 %
Cash Flow Change
37.85 %
ROE
-68.86 %
ROCE
0.49 %
EBITDA Margin (Avg.)
4.66 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 3,585 | 3,716 | 3,560 | 4,013 | 3,989 | 4,423 | 4,931 | 5,750 | 7,064 |
| Fixed Assets | 2,839 | 2,819 | 2,753 | 3,019 | 3,080 | 3,413 | 3,854 | 4,406 | 5,210 |
| Current Assets | 619 | 706 | 599 | 658 | 555 | 642 | 704 | 882 | 1,165 |
| Capital Work in Progress | 21 | 22 | 34 | 88 | 36 | 32 | 98 | 37 | 183 |
| Investments | 0 | 4 | 5 | 5 | 5 | 6 | 7 | 10 | 109 |
| Other Assets | 725 | 871 | 768 | 902 | 869 | 971 | 973 | 1,297 | 1,562 |
| Total Liabilities | 3,585 | 3,716 | 3,560 | 4,013 | 3,989 | 4,423 | 4,931 | 5,750 | 7,064 |
| Current Liabilities | 856 | 920 | 725 | 731 | 765 | 841 | 1,078 | 1,913 | 2,204 |
| Non Current Liabilities | 2,141 | 2,301 | 1,409 | 1,727 | 1,808 | 2,241 | 2,312 | 1,986 | 1,814 |
| Total Equity | 588 | 496 | 1,426 | 1,554 | 1,416 | 1,341 | 1,542 | 1,851 | 3,046 |
| Reserve & Surplus | 436 | 324 | 1,218 | 1,350 | 1,211 | 1,136 | 1,337 | 1,646 | 2,828 |
| Share Capital | 152 | 171 | 205 | 205 | 205 | 205 | 205 | 206 | 219 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -53 | -40 | 67 | -26 | -10 | -6 | -24 | 77 | 12 | -38 | 91 |
| Investing Activities | -190 | -173 | 329 | -118 | 147 | -391 | -50 | -396 | -591 | -620 | -1,355 |
| Operating Activities | -12 | 79 | 201 | 249 | 366 | 252 | 60 | 62 | 477 | 689 | 950 |
| Financing Activities | 149 | 53 | -463 | -157 | -523 | 133 | -34 | 411 | 126 | -108 | 496 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Apr 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 71.65 % | 71.65 % | 71.65 % | 71.65 % | 71.65 % | 71.65 % | 71.65 % | 71.65 % | 71.65 % | 71.65 % | 71.70 % | 71.70 % | 71.67 % | 67.52 % | 67.52 % | 67.48 % | 67.42 % | 67.41 % | 67.40 % | 67.34 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 2.51 % | 0.00 % | 4.24 % | 6.84 % | 6.81 % | 7.04 % | 7.52 % | 5.24 % | 5.29 % | 5.73 % |
| DIIs | 16.43 % | 16.53 % | 19.06 % | 19.61 % | 19.69 % | 19.98 % | 20.46 % | 22.34 % | 22.52 % | 21.50 % | 21.82 % | 20.38 % | 19.60 % | 21.42 % | 21.47 % | 21.46 % | 21.20 % | 23.94 % | 23.92 % | 23.40 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 3.43 % | 3.68 % | 3.58 % | 3.09 % | 2.83 % | 2.46 % | 2.59 % | 2.41 % | 2.12 % | 2.28 % | 2.41 % | 2.75 % | 2.80 % | 2.64 % | 2.68 % | 2.53 % | 2.35 % | 2.00 % | 2.01 % | 2.05 % |
| Others | 8.49 % | 8.14 % | 5.71 % | 5.65 % | 5.82 % | 5.91 % | 5.30 % | 3.59 % | 3.71 % | 4.57 % | 1.58 % | 5.16 % | 1.68 % | 1.59 % | 1.52 % | 1.49 % | 1.51 % | 1.41 % | 1.38 % | 1.48 % |
| No of Share Holders | 27,357 | 29,413 | 30,761 | 29,807 | 30,692 | 30,740 | 31,410 | 31,289 | 32,414 | 36,784 | 44,003 | 51,812 | 61,454 | 61,467 | 67,068 | 70,466 | 74,831 | 66,181 | 64,175 | 66,228 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 08 Aug 2024 |  Annual General Meeting | NA | 08 Aug 2024 | 844.20 | 801.40 |
| 24 Oct 2024 |  Quarterly Result Announcement | NA | 24 Oct 2024 | 862.40 | 837.55 |
| 29 Jan 2025 | Quarterly Result Announcement | NA | 29 Jan 2025 | 778.95 | 728.65 |
| 12 May 2025 | Quarterly Result Announcement | NA | 12 May 2025 | 808.85 | 799.85 |
| 13 May 2025 |  Extraordinary General Meeting | NA | 13 May 2025 | 799.65 | 865.55 |
| 31 Jul 2025 | Quarterly Result Announcement | NA | 31 Jul 2025 | 942.60 | 895.05 |
| 08 Aug 2025 | Annual General Meeting | NA | 08 Aug 2025 | 865.95 | 877.60 |
| 04 Nov 2025 | Quarterly Result Announcement | NA | 04 Nov 2025 | 930.25 | 959.15 |
| 11 Nov 2025 |  Dividend | ₹ 1.00 /share | 11 Nov 2025 | 959.15 | 904.70 |
Announcements
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 hours ago
14 hours agoCommunication To Shareholders - Intimation Of Tax Deduction On Dividend6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 20158 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release8 days ago
8 days agoCompliances-Reg. 54 - Asset Cover details 8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Dividend Updates8 days ago
8 days agoCorporate Action-Board approves Dividend8 days ago
8 days agoOutcome Of The Board Meeting For The Financial Results For The Quarter Ended September 30 20258 days ago
8 days agoBoard Meeting Outcome for Outcome Of The Board Meeting Held On November 4 20258 days ago
8 days agoResignation Of Member Of Senior Management TeamOct 31, 2025
Oct 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 30, 2025
Oct 30, 2025Compliances-Reg. 50 (1) - Prior intimation about Board meeting under Regulation 50(1)Oct 29, 2025
Oct 29, 2025Board Meeting Intimation for Unaudited Standalone And Consolidated Financial Results And Declaration Of Interim DividendOct 29, 2025
Oct 29, 2025Redemption Of 0.00% Non-Cumulative Non-Convertible Redeemable Preference SharesOct 17, 2025
Oct 17, 2025Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Launch Of A Premium Lifestyle Hospitality BrandOct 15, 2025
Oct 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Oct 13, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Redemption Of 0.00% Non-Cumulative Non-Convertible Redeemable Preference SharesSep 23, 2025
Sep 23, 2025Announcement under Regulation 30 (LODR)-AllotmentSep 23, 2025
Sep 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 10, 2025
Sep 10, 2025Announcement under Regulation 30 (LODR)-Credit RatingSep 03, 2025
Sep 03, 2025Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations 2011.Aug 30, 2025
Aug 30, 2025Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Aug 30, 2025
Aug 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAug 13, 2025
Aug 13, 2025Intimation Pursuant To Regulation 30(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Acquisition Of Land By Wholly Owned Subsidiary Of The CompanyAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 11, 2025
Aug 11, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 11, 2025
Aug 11, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 07, 2025
Aug 07, 2025Clarification On Increase In VolumeAug 04, 2025
Aug 04, 2025Clarification sought from Chalet Hotels LtdAug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 02, 2025
Aug 02, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJul 31, 2025
Jul 31, 2025Compliances-Reg. 54 - Asset Cover details Jul 31, 2025
Jul 31, 2025Outcome Of The Board Meeting Held On July 31 2025 For The Quarter Ended June 30 2025Jul 31, 2025
Jul 31, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On July 31 2025Jul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSJul 31, 2025
Jul 31, 2025Corrigendum To The Notice Of The Annual General Meeting (Circulated To Shareholders On July 15 2025)Jul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 25, 2025
Jul 25, 2025Compliances-Reg. 50 (1) - Prior intimation about Board meeting under Regulation 50(1)Jul 25, 2025
Jul 25, 2025Board Meeting Intimation for Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30 2025Jul 25, 2025
Jul 25, 2025Mutual Fund Holdings
HDFC Multi Cap Fund Direct - Growth 
ICICI Prudential ELSS Tax Saver Direct Plan - Growth 
Invesco India ELSS Tax Saver Fund Direct-Growth 
Motilal Oswal Small Cap Fund Direct - Growth 
Tata Nifty India Tourism Index Fund Direct-Growth 
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth 
JioBlackRock Nifty Smallcap 250 Index Fund Direct - Growth 
Kotak Nifty India Tourism Index Fund Direct-Growth 
LIC MF Children's Fund Direct-Growth 
Aditya Birla Sun Life Small Cap Fund Direct-Growth 
SBI Nifty 500 Index Fund Direct-Growth 
Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth 
Groww Nifty Total Market Index Fund Direct - Growth 
Axis Nifty 500 Index Fund Direct-Growth Technical Indicators
RSI(14)
Neutral 34.88
ATR(14)
Less Volatile 27.75
STOCH(9,6)
Neutral 32.35
STOCH RSI(14)
Oversold 0.00
MACD(12,26)
Bearish -4.24
ADX(14)
Weak Trend 18.31
UO(9)
Bearish 42.58
ROC(12)
Downtrend And Accelerating -5.98
WillR(14)
Oversold -96.15
About Chalet Hotels
Chalet Hotels Limited is an Indian company that owns, develops, manages, and operates hotels and mixed-use properties across India. The company operates in three segments: Hospitality (Hotels), Real Estate, and Rental/Annuity Business. Its portfolio includes 10 operational hotels across mainstream and luxury segments, as well as commercial spaces totaling 1.2 million square feet. The company's properties are located in Mumbai, Navi Mumbai, Pune, Hyderabad, Bengaluru, Lonavala, and New Delhi. Chalet Hotels has partnerships with global hospitality brands and is developing new projects, including a hotel at IGI Airport in New Delhi. The company has undergone several name changes since its incorporation in 1986 and went public through an IPO in 2018. Recently, it has acquired new properties, merged with subsidiary companies, and undertaken renovation and expansion projects at various locations.
Listing Date
07 Feb, 2019(6 Years,
6 days)
Website
Chairperson NameHetal Gandhi
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