CHALET

Chalet Hotels Limited

Upscale hotels and resorts operator with commercial real estate portfolio

Consumer Discretionary›Consumer Services›Leisure Services›Hotels & Resorts

chalethotels.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹850.25
Market cap
18,638 Cr
Stock P/E
35.3
P/B
5.03
Dividend yield
0.1%
ROE (FY26)
17.4%
ROCE (FY26)
16.6%
Operating margin (FY26)
34.6%
Debt / equity (FY26)
0.63
OCF / EBITDA (FY26)
89.8%
OCF / EBITDA (3Y)
107.9%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Chalet (Chalet Hotels) develops and runs upscale hotels and resorts in Indian cities and leisure destinations, and earns rent from commercial real estate such as its Powai office complex.

Company snapshot

5thBy market cap

Ranked among 37 companies in Hotels & Resorts.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 88.7% of revenue

SegmentRevenue shareRevenuePBTAssets
Hospitality (Hotels)
88.7%
1,060 Cr356 Cr—
Real Estate—0 Cr-14 Cr—
Rental / Annuity Business
11.3%
135 Cr67 Cr—
Unallocated
1.8%
21 Cr0 Cr—

Shares add up to 102% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Net margin of 23.3% — the business keeps a healthy share of every rupee it earns.
1 more signal from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales315 Cr374 Cr418 Cr361 Cr377 Cr458 Cr522 Cr895 Cr735 Cr582 Cr558 Cr512 Cr
Operating expenses (approx.)189 Cr208 Cr235 Cr221 Cr228 Cr253 Cr281 Cr537 Cr436 Cr317 Cr292 Cr278 Cr
EBITDA126 Cr166 Cr183 Cr140 Cr150 Cr205 Cr241 Cr357 Cr299 Cr265 Cr266 Cr234 Cr
OPM %40.0%44.4%43.7%38.8%39.7%44.7%46.3%39.9%40.7%45.6%47.6%45.7%
Other income4 Cr6 Cr6 Cr8 Cr6 Cr7 Cr15 Cr14 Cr9 Cr8 Cr13 Cr9 Cr
Interest50 Cr48 Cr53 Cr32 Cr34 Cr45 Cr48 Cr49 Cr45 Cr46 Cr41 Cr39 Cr
Depreciation35 Cr35 Cr37 Cr39 Cr42 Cr48 Cr50 Cr54 Cr57 Cr58 Cr60 Cr61 Cr
Profit before tax44 Cr89 Cr99 Cr78 Cr79 Cr118 Cr159 Cr269 Cr205 Cr167 Cr178 Cr133 Cr
Tax %18.1%20.3%16.7%22.0%274.4%18.4%22.0%24.4%24.5%25.8%8.4%35.0%
Net profit36 Cr71 Cr82 Cr61 Cr-139 Cr97 Cr124 Cr203 Cr155 Cr124 Cr163 Cr86 Cr
EPS (₹)₹1.78₹3.44₹4.01₹2.79₹-6.35₹4.42₹5.68₹9.30₹7.08₹5.67₹7.45₹3.93

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales706 Cr874 Cr987 Cr981 Cr294 Cr508 Cr1,128 Cr1,417 Cr1,718 Cr2,770 CrSign in free for the trailing twelve months
Operating expenses (approx.)494 Cr579 Cr668 Cr645 Cr287 Cr409 Cr676 Cr833 Cr982 Cr1,582 CrSign in free for the trailing twelve months
EBITDA212 Cr294 Cr319 Cr337 Cr7 Cr98 Cr453 Cr585 Cr736 Cr1,187 CrSign in free for the trailing twelve months
OPM %30.1%33.7%32.3%34.3%2.4%19.4%40.1%41.2%42.8%42.9%Sign in free for the trailing twelve months
Other income219 Cr56 Cr48 Cr28 Cr22 Cr22 Cr49 Cr20 Cr36 Cr43 CrSign in free for the trailing twelve months
Interest218 Cr212 Cr266 Cr146 Cr152 Cr144 Cr154 Cr197 Cr159 Cr180 CrSign in free for the trailing twelve months
Depreciation127 Cr112 Cr115 Cr113 Cr117 Cr118 Cr117 Cr138 Cr179 Cr230 CrSign in free for the trailing twelve months
Profit before tax79 Cr21 Cr-18 Cr101 Cr-248 Cr-153 Cr273 Cr269 Cr434 Cr819 CrSign in free for the trailing twelve months
Tax %-61.1%-47.1%58.4%1.2%44.0%46.9%32.8%-3.3%67.2%21.2%Sign in free for the trailing twelve months
Net profit127 Cr31 Cr-8 Cr100 Cr-139 Cr-81 Cr183 Cr278 Cr142 Cr645 CrSign in free for the trailing twelve months
EPS (₹)₹7.97₹1.82₹-0.43₹5.01₹-6.78₹-3.98₹8.94₹13.54₹6.53₹29.50Sign in free for the trailing twelve months
Dividend payout %——————0.0%0.0%0.0%3.4%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital152 Cr171 Cr205 Cr205 Cr205 Cr205 Cr205 Cr205 Cr218 Cr219 Cr
Reserves319 Cr331 Cr1,218 Cr1,349 Cr1,211 Cr1,136 Cr1,337 Cr1,646 Cr2,828 Cr3,479 Cr
Borrowings2,375 Cr2,379 Cr1,411 Cr1,705 Cr1,845 Cr2,534 Cr2,794 Cr2,950 Cr2,554 Cr2,324 Cr
Other liabilities891 Cr949 Cr723 Cr754 Cr728 Cr568 Cr595 Cr948 Cr1,463 Cr1,288 Cr
Total liabilities3,738 Cr3,830 Cr3,560 Cr4,013 Cr3,989 Cr4,443 Cr4,931 Cr5,750 Cr7,063 Cr7,309 Cr
Fixed assets (net)2,171 Cr2,121 Cr2,049 Cr2,279 Cr2,059 Cr2,033 Cr2,149 Cr2,488 Cr3,126 Cr3,344 Cr
CWIP27 Cr28 Cr34 Cr88 Cr36 Cr32 Cr98 Cr37 Cr183 Cr132 Cr
Investments0.31 Cr4 Cr686 Cr718 Cr1,000 Cr1,362 Cr1,654 Cr1,855 Cr2,107 Cr2,293 Cr
Loans & advances——2 Cr3 Cr7 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Inventories426 Cr419 Cr395 Cr392 Cr391 Cr393 Cr413 Cr542 Cr633 Cr269 Cr
Trade receivables30 Cr54 Cr48 Cr42 Cr22 Cr44 Cr59 Cr55 Cr78 Cr69 Cr
Cash & bank23 Cr30 Cr40 Cr8 Cr27 Cr25 Cr44 Cr82 Cr109 Cr164 Cr
Other assets1,061 Cr1,175 Cr306 Cr483 Cr447 Cr553 Cr513 Cr690 Cr827 Cr1,036 Cr
Total assets3,738 Cr3,830 Cr3,560 Cr4,013 Cr3,989 Cr4,443 Cr4,931 Cr5,750 Cr7,063 Cr7,309 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity201 Cr249 Cr366 Cr252 Cr60 Cr62 Cr477 Cr689 Cr950 Cr1,067 Cr
Cash from investing325 Cr-129 Cr147 Cr-394 Cr-50 Cr-396 Cr-592 Cr-635 Cr-1,385 Cr-575 Cr
Cash from financing-463 Cr-157 Cr-523 Cr133 Cr-34 Cr411 Cr126 Cr-108 Cr496 Cr-466 Cr
Net cash flow63 Cr-37 Cr-10 Cr-8 Cr-24 Cr77 Cr11 Cr-53 Cr61 Cr25 Cr
Free cash flow (OCF − Capex)87 Cr188 Cr329 Cr156 Cr12 Cr21 Cr302 Cr253 Cr-19 Cr729 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %10.4%8.1%8.7%7.6%-3.0%-0.2%9.9%9.7%10.6%16.6%
ROE %27.0%6.2%-0.5%6.4%-9.8%-6.1%11.9%15.0%4.7%17.4%
Debtor days1522181627311914179
Inventory days2201751661172958632659382818741971755
Days payable443651146812425861392716534462
Cash conversion cycle1911611167127746482105245511721454302
OCF / EBITDA %94.8%84.5%114.5%75.0%n.m.63.2%105.3%117.9%129.1%89.8%
OCF / EBITDA % (3 years)——98.8%91.2%102.3%84.8%107.3%108.2%119.4%107.9%
Debt / equity5.044.730.991.101.301.891.811.590.840.63
Current ratio0.640.790.830.900.730.750.650.460.530.70
Net debt / EBITDA11.097.984.295.04257.7825.486.074.913.321.82