Market Performance
On Tuesday, August 12, Indian Hotels share price climbed up to ₹759 per share on the BSE, marking a 1.65% increase in early trade. The rise came after the Tata Group-owned company announced significant acquisition plans aimed at expanding its midscale hotel portfolio.
Main News
Indian Hotels Company Limited (IHCL) revealed that its board has approved the acquisition of 51% stakes in ANK Hotels Pvt Ltd and Pride Hospitality Pvt Ltd.
- ANK Hotels Acquisition: 51% stake for up to ₹110 crore
- Pride Hospitality Acquisition: 51% stake for up to ₹94 crore
These acquisitions collectively add 135 hotels under ‘The Clarks Hotels & Resorts’ brand to IHCL’s portfolio. Out of these, 111 hotels are in the midscale segment, with 67 currently operational.
The deals, which involve cash consideration, are expected to be completed by November 15, 2025, following regulatory and precondition clearances.
Company Details
IHCL, India’s largest hospitality firm and the operator of the Taj Group, has also entered a distribution and marketing partnership with Brij Hospitality Pvt Ltd, which operates 19 hotels under the Brij brand across India.
According to the company, these moves aim to:
- Expand geographical reach in the midscale hotel market
- Strengthen presence across diverse Indian regions
- Advance the asset-light growth strategy
Financial Performance (Q1 FY2025)
Revenue
- ₹2,041 crore in April–June 2025
- Up 32% from ₹1,550 crore in the same quarter last year
EBITDA (Operating Profit)
- ₹576 crore in Q1 FY2025
- Up 28% from ₹449 crore YoY
Net Profit
- ₹296 crore in Q1 FY2025
- Up 19% from ₹248 crore in Q1 FY2024
Summary
The Indian Hotels share price gained momentum after the announcement of strategic acquisitions in ANK Hotels and Pride Hospitality, adding a substantial number of midscale hotels to its portfolio. With strong Q1 financial growth and an expanding network, the company continues to solidify its position as a leading player in India’s hospitality sector.
Easy & quick
Leave A Comment?