The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company and the flagship hospitality arm of the Tata Group. Operating iconic brands like Taj, SeleQtions, Vivanta, and Ginger, IHCL manages over 250 hotels across 10 countries, with a strong presence in luxury, upper-upscale, and budget segments. Headquartered in Mumbai, the company has successfully navigated post-pandemic recovery with robust occupancy rates, premiumization, and strategic asset-light expansion. As of January 2026, IHCL is delivering strong profit growth, maintains a debt-free balance sheet, and benefits from rising domestic tourism and global MICE (Meetings, Incentives, Conferences, Exhibitions) demand. This article presents a data-driven outlook on the Indian Hotels share price target for 2026–2030.
Indian Hotels Company: Company Overview
- Founded: 1902
- Chairman: Mr. N. Chandrasekaran
- Managing Director: Mr. Puneet Chhatwal
- NSE Symbol: INDHOTEL
- Core Segments:
- Luxury (Taj – 40%)
- Upper-Upscale (Vivanta, SeleQtions – 35%)
- Budget (Ginger – 25%)
- Market Position: #1 in luxury hospitality in India; among the top 3 globally in brand value for South Asia
IHCL follows an asset-light model, managing properties via leases and management contracts—reducing capital intensity while scaling rapidly. It is also expanding into airport lounges, co-living, and culinary experiences under its “Tajness” philosophy.
Indian Hotels Company: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹668 |
| Market Capitalization | ₹95,106.62 Cr |
| No. of Shares Outstanding | 142.34 Cr |
| 52-Week High / Low | ₹720 / ₹420 |
| P/E Ratio (TTM) | 64.10 |
| P/B Ratio | 8.30 |
| EPS (TTM) | ₹10.42 |
| Book Value (TTM) | ₹80.48 |
| ROE | 13.21% |
| ROCE | 18.57% |
| Dividend Yield | 0.34% |
| Face Value | ₹1 |
| Cash | ₹1,734.08 Cr |
| Debt | ₹0 Cr |
| Promoter Holding | 38.12% |
| Sales Growth (YoY) | 11.60% |
| Profit Growth (YoY) | 29.07% |
Indian Hotels Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹700 – ₹770 |
| 2027 | ₹740 – ₹830 |
| 2028 | ₹780 – ₹900 |
| 2029 | ₹820 – ₹980 |
| 2030 | ₹860 – ₹1,070 |
Indian Hotels Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹700 | ₹770 |
Indian Hotels reported 29.07% YoY profit growth in FY2025, driven by strong RevPAR (Revenue per Available Room) and high occupancy in luxury and business segments. With zero debt and ₹1,734 Cr in cash, the company is financially resilient. Trading at a P/E of 64.1x and P/B of 8.3x, the stock reflects a premium valuation typical of high-quality consumer franchises. A 2026 target range of ₹700–₹770 assumes continued travel recovery and no major macro disruptions.
Indian Hotels Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹740 | ₹830 |
If IHCL sustains 15–18% earnings growth and benefits from the international tourism rebound, EPS could reach ₹11.20–₹11.80 by FY27. Assuming a P/E of 64–66x, the 2027 target range is justified.
Indian Hotels Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹780 | ₹900 |
By 2028, benefits from new hotel openings (50+ in pipeline) and Ginger’s budget expansion should reflect in margins. A P/E of 65–67x on projected EPS of ₹12–₹13 supports the ₹780–₹900 band.
Indian Hotels Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹820 | ₹980 |
Long-term tailwinds include India’s rising middle class, corporate travel recovery, and wedding tourism. If competition doesn’t erode pricing, EPS could reach ₹13–₹14 by FY29. At a P/E of 66–68x, the 2029 target is ₹820–₹980.
Indian Hotels Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹860 | ₹1,070 |
Over a five-year horizon, IHCL remains a premium consumer compounder—not a value stock. A terminal P/E of 68–70x on FY30 EPS (~₹13–₹15) justifies the ₹860–₹1,070 range.
Indian Hotels Company: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters (Tata Sons) | 38.12% |
| Foreign Institutional Investors (FII) | 26.14% |
| Domestic Institutional Investors (DII) | 19.54% |
| Public & Others | 16.21% |
High institutional ownership (45.68%) ensures liquidity and analyst coverage. Promoter pledge is negligible.
Indian Hotels Company: Strengths vs Risks
Strengths:
- Zero debt and ₹1,734 Cr cash provide unmatched flexibility
- Iconic Taj brand with global recognition
- An asset-light model enables rapid scaling with low capex
- Strong ROCE (18.57%) and consistent profit growth
Risks:
- High P/E (64x) offers a limited margin of safety
- Exposure to travel disruptions (pandemics, geopolitical events)
- Low dividend yield (0.34%) limits income appeal
- Intense competition from Marriott, Hyatt, and OYO
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | Moderate to High |
| Ideal Time Horizon | 5+ years |
| Volatility | Higher than market average (Beta: 1.3) |
| Dividend/Income Potential | Very low (0.34% yield) |
| Best For | Growth investors seeking exposure to India’s travel and luxury consumption story |
FAQs
Is Indian Hotels a good stock to buy?
Yes—for long-term portfolios focused on premium consumer and travel recovery. Avoid if you seek low-valuation or high-dividend stocks.
What is the target price of the Indian Hotels share price in 2025?
FY2025 results are already out. The relevant forward-looking target is for 2026: ₹700 – ₹770.
What is the target of Indian Hotels in 2030?
Based on fundamentals and sector trends, the Indian Hotels share price target for 2030 is ₹860 – ₹1,070.
Is Indian Hotels a Tata Group?
Yes. Indian Hotels Company is a wholly owned subsidiary of the Tata Group, with Tata Sons holding 38.12% as promoters.
Final Verdict
The Indian Hotels Company is a world-class hospitality franchise with fortress finances and unmatched brand equity. While not cheap, its premium valuation is backed by sustainable competitive advantages.
Our Indian Hotels share price target 2026–2030 (₹700 to ₹1,070) reflects steady earnings growth, multiple stability, and sustained investor confidence. Upside is substantial if travel demand holds; downside is cushioned by zero debt and Tata backing.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener – Indian Hotels Consolidated Page (FY2025 + TTM)
- Finology Ticker – INDHOTEL Financials & Analysis
- Groww – Indian Hotels Stock Profile
- IHCL Investor Presentation (Q3 FY26, Jan 2026)
- Ministry of Tourism, Government of India – National Tourism Policy 2025
