NSE: INDHOTEL · 23 October 2026
- The Indian Hotels Company Ltd (INDHOTEL) declined 0.98% to close at ₹774.65 on October 23, 2026, after opening higher at ₹785.70.
- The Indian Hotels Company Limited submitted its financial results for the quarter ended September 30, 2026, reporting a consolidated revenue of ₹2,566 crores, marking a 21% increase year-on-year. Consolidated EBITDA reached ₹788 crores with a margin of 30.7%, and profit after tax (PAT) rose 23% to ₹349 crores. Driven by robust domestic segment demand and new openings momentum, management upgraded its full-year consolidated revenue guidance to 15-17%.
- Trading volume was 2.08 times the 20-day average daily volume.
Why is The Indian Hotels Co. share price falling on 23 October 2026?
The Indian Hotels Company Ltd (INDHOTEL) declined 0.98% to close at ₹774.65 on October 23, 2026, after opening higher at ₹785.70.
The broader market exhibited negative momentum, with the Nifty benchmark declining 0.90% and the Nifty Auto sector index falling 0.60%. INDHOTEL's pullback occurred against this weak macro backdrop, following a strong prior run that included a 3.89% gain on October 22 and a 2.93% return over the preceding two sessions, alongside a 5-day return of 4.48% and a 20-day return of 4.16%.
Company disclosures released on October 21, 2026, highlighted that the company reported its 18th consecutive record quarter for Q2 FY2027, featuring a consolidated revenue of ₹2,566 crores, up 21% year-on-year, and an upgraded full-year consolidated revenue guidance of 15% to 17%. While these strong operational updates and broader portfolio expansion milestones to 670 hotels provide essential fundamental context, today's pullback appears consistent with profit-taking following recent multi-day gains.
1.07 crore shares traded by 23 October 2026 · 03:00 PM IST. This compares with a 20-day average daily volume of 51.55 lakh shares (2.08 times). The five-day average daily volume was 88.34 lakh shares. Separately, the NSE report for 22 October 2026 showed 84.42 lakh shares delivered, representing 40.04% of that day’s traded volume. The same report recorded 338,748 trades.
The stock retreated 0.98% despite robust Q2 FY2027 earnings and upgraded guidance announced earlier in the week. Given the prior session gains of 3.89% and a 5-day return of 4.48%, today's move reflects short-term profit-taking and positioning adjustments in line with a declining broader market.
Latest Company Developments
The Indian Hotels Company Limited submitted its financial results for the quarter ended September 30, 2026, reporting a consolidated revenue of ₹2,566 crores, marking a 21% increase year-on-year. Consolidated EBITDA reached ₹788 crores with a margin of 30.7%, and profit after tax (PAT) rose 23% to ₹349 crores. Driven by robust domestic segment demand and new openings momentum, management upgraded its full-year consolidated revenue guidance to 15-17%.
Strong earnings performance and upgraded guidance reinforce long-term valuation fundamentals and validate the company's asset-light expansion strategy.
IHCL announced that it clocked 47 hotel signings and 20 openings in the first half of FY2027, taking its total portfolio to 670 hotels with an industry-leading pipeline of 280 hotels. The signings span diverse brands ranging from luxury Taj and Brij properties to mid-scale Ginger and Tree of Life hotels. Operating hotels reached 390 following strategic expansions across domestic and international markets.
Accelerated portfolio growth keeps the company well ahead of schedule to achieve its Accelerate 2030 targets.
The company disclosed an order passed by the Office of Assistance Commissioner (Estates) of the Brihanmumbai Municipal Corporation levying a penalty of ₹10,00,000. The penalty was issued due to a lack of an NOC from the BMC Estate Department while having obtained the amended approval plan from the BMC Building Department. Management noted that the order carries no material financial implications.
Provides transparency on minor regulatory compliance matters without posing any significant risk to operations or financials.
a press release dated October 21, 2026, titled "IHCL ANNOUNCES FINANCIAL RESULTS FOR Q2 FY2027".
The Indian Hotels Company Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 13.42% on 30 September 2026. This compares with 13.93% on 30 June 2026, a change of -0.51 percentage points.
The filing reported 40 MF/UTI holders.
What to Watch Next
- Execution of the robust 280-hotel pipeline across luxury and mid-scale brands
- Progress on the proposed amalgamation of Oriental Hotels Limited with IHCL
- Sustained delivery and volume participation relative to the 20-day average volume of 2.08x
- H2FY27 operational momentum following the upgraded 15-17% full-year revenue guidance
Other Dated Coverage
- The Indian Hotels Co. Share Price Today: Why INDHOTEL Is Rising 3.89% | 22 October 2026 — 22 October 2026
- The Indian Hotels Co. Share Price Today: Why INDHOTEL Is Falling 0.35% | 14 October 2026 — 14 October 2026
- The Indian Hotels Co in Focus Today: H1 FY2027 Portfolio Reaches 670 Hotels | 13 October 2026 — 13 October 2026
More The Indian Hotels Co. news and dated analysis →
Frequently Asked Questions
What is the latest The Indian Hotels Co. company news?
The Indian Hotels Company Limited submitted its financial results for the quarter ended September 30, 2026, reporting a consolidated revenue of ₹2,566 crores, marking a 21% increase year-on-year. Consolidated EBITDA reached ₹788 crores with a margin of 30.7%, and profit after tax (PAT) rose 23% to ₹349 crores. Driven by robust domestic segment demand and new openings momentum, management upgraded its full-year consolidated revenue guidance to 15-17%.
How strong was The Indian Hotels Co.’s trading volume?
1.07 crore shares traded, 2.08 times the 20-day average daily volume. The price and volume data are dated 23 October 2026 · 03:00 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.