The Indian Hotels Company Limited (IHCL) has been making waves in the stock market, with its share price reaching new highs.
Investors are now eagerly anticipating what the future holds for the company, and many are asking the question, “Is IHCL a good auto stock to buy?” The IHCL share price target for 2023 to 2030 is one of the key factors that investors are looking at as they consider their options.
With the recent news of Indian Hotels’ profit zoom to Rs 383 crore on robust travel demand, the future looks bright for this company.
In this article, we will take a closer look at the IHCL share price target and explore the factors that are driving growth in this sector.
About the Company
Indian Hotels Company Limited (IHCL) is a leading hospitality company in India. It was founded in 1902 and is a part of the Tata Group. IHCL operates over 200 hotels, resorts, and palaces across India and the world.
The company is headquartered in Mumbai, India. Its portfolio includes hotel brands such as Taj Hotels, Vivanta, and SeleQtions.
INDHOTEL also provides services related to hospitality, such as travel, leisure, and meetings & events.
The company has won numerous awards for its excellence in service, including the World Travel Awards for Best Indian Hotel Group.
Stock History of Indian Hotels Company (INDHOTEL)
The Indian Hotels Company Ltd (INDHOTEL) is a publicly traded hotelier that operates under the iconic Taj Hotels Resorts and Palaces brand.
IHCL is India’s largest hospitality company and one of the oldest in the world. The company has a rich heritage of providing hospitality services to travelers from all over the world.
Over the years, IHCL has grown to become a leading player in the luxury hotel segment and is now present in over 55 countries.
The company’s stock has had a volatile history, with its shares trading on the Bombay Stock Exchange (BSE) since 1995.
Over the past two decades, IHCL’s stock has seen a range of highs and lows, with its price more than doubling in the last five years. In 2017, IHCL became the first Indian hotel chain to list on the National Stock Exchange (NSE). Since then, the stock has grown steadily, with its current market capitalization standing at around 420.72 billion INR.
As of February 2023, the stock price of Indian Hotels is 316.70 INR.
Latest news about Indian Hotels Company Ltd (IHCL)
- Budget 2023: Hotel stocks rally up to 8% on FM’s tourism promotion push. [2-feb-2023]
- Indian Hotels Profit zooms to Rs 383 crore on robust travel demand. [2-feb-2023]
How to buy Indian Hotels Company Ltd shares? [Online / Offline ]
To buy Indian Hotels Company Ltd (IHCL) shares, you will need to open a Demat and trading account with a registered stockbroker.
After opening the account, you will need to deposit funds into your account. Once the funds are available in your account, you can place a buy order for IHCL shares. Once the order is executed, the shares will be credited to your Demat account.
You can buy shares from the following trading platforms:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
Share Price Prediction of Indian Hotels Company Ltd: 2023 to 2030
Share Price Target 2023 of Indian Hotels Company Ltd is ₹404.93
| When | Maximum Price | Minimum Price |
| February 2023 | ₹335.20 | ₹300.15 |
| March 2023 | ₹378.36 | ₹335.13 |
| April 2023 | ₹380.00 | ₹302.54 |
| May 2023 | ₹307.50 | ₹259.62 |
| June 2023 | ₹349.00 | ₹291.54 |
| August 2023 | ₹328.68 | ₹252.83 |
| September 2023 | ₹345.11 | ₹265.47 |
| October 2023 | ₹328.68 | ₹252.83 |
| November 2023 | ₹361.55 | ₹278.11 |
| December 2023 | ₹404.93 | ₹311.49 |
The IHCL share price prediction for 2023 shows a bullish trend with a growth percentage ranging from 17.48% to 31.48%.
The maximum price for February 2023 is ₹335.20 with a minimum price of ₹300.15. As the year progresses, we see a consistent uptrend with the maximum price reaching its peak in December 2023 at ₹404.93.
The minimum price for December 2023 is ₹311.49 which is a significant increase from the minimum price in February. The growth percentage for December 2023 is 34.97%.
This table indicates a positive outlook for IHCL shares in 2023, with prices expected to consistently rise throughout the year.
Share Price Target 2024 of Indian Hotels Company Ltd is ₹566.92
| When | Maximum Price | Minimum Price |
| January 2024 | ₹426.25 | ₹327.88 |
| February 2024 | ₹478.93 | ₹399.11 |
| March 2024 | ₹504.13 | ₹409.87 |
| April 2024 | ₹458.30 | ₹352.54 |
| May 2024 | ₹381.92 | ₹293.78 |
| June 2024 | ₹458.30 | ₹352.54 |
| July 2024 | ₹389.56 | ₹301.98 |
| August 2024 | ₹428.51 | ₹340.09 |
| September 2024 | ₹449.94 | ₹346.11 |
| October 2024 | ₹529.34 | ₹407.19 |
| November 2024 | ₹555.81 | ₹427.54 |
| December 2024 | ₹566.92 | ₹436.10 |
The IHCL share price target for 2024 shows a continued bullish trend, with the maximum price reaching its peak in October 2024 at ₹529.34.
The minimum price for January 2024 is ₹327.88, with a growth percentage of 29.64%. Throughout the year, the minimum price consistently rises, reaching its highest in December 2024 at ₹436.10.
The maximum price for December 2024 is ₹566.92, with a growth percentage of 72.57%. This table indicates that IHCL shares are expected to continue to rise throughout 2024, reaching new heights by the end of the year.
The maximum and minimum share price target for 2024 is ₹566.92 and ₹327.88, respectively.
Share Price Target 2025 of Indian Hotels Company Ltd is ₹687.69
| When | Maximum Price | Minimum Price |
| January 2025 | ₹578.26 | ₹444.82 |
| February 2025 | ₹608.70 | ₹468.23 |
| March 2025 | ₹639.13 | ₹491.64 |
| April 2025 | ₹570.65 | ₹438.96 |
| May 2025 | ₹518.78 | ₹399.06 |
| June 2025 | ₹570.65 | ₹438.96 |
| July 2025 | ₹543.48 | ₹418.06 |
| August 2025 | ₹566.13 | ₹435.48 |
| September 2025 | ₹594.43 | ₹457.26 |
| October 2025 | ₹630.10 | ₹484.69 |
| November 2025 | ₹674.20 | ₹518.62 |
| December 2025 | ₹687.69 | ₹528.99 |
According to the table, the minimum price for January 2025 is ₹444.82, with a growth percentage of 28.56%. Throughout the year, the minimum price consistently rises, reaching its highest in December 2025 at ₹528.99.
The maximum price for December 2025 is ₹687.69, with a growth percentage of 55.23%. This table indicates that IHCL shares are expected to continue to grow in 2025, reaching new heights by the end of the year.
The maximum and minimum share price target for 2025 is ₹687.69 and ₹444.82, respectively.
Indian Hotels Company Ltd Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹481.38 | ₹336.97 |
| 2027 | ₹409.17 | ₹286.42 |
| 2028 | ₹736.51 | ₹515.56 |
| 2029 | ₹1,512.91 | ₹1,059.04 |
| 2030 | ₹1,684.84 | ₹1,179.39 |
The IHCL share price target for 2026 to 2030 shows a fluctuating trend, with the maximum price reaching its peak in 2029 at ₹1,512.91.
In 2026, the minimum price is ₹336.97, with a growth percentage of -30.56%. The minimum price continues to decline in 2027, reaching ₹286.42.
However, in 2028, the minimum price rises dramatically to ₹515.56, with a growth percentage of 80.24%. In 2030, the minimum price is ₹1,179.39, with a growth percentage of 127.29%.
The maximum price for 2030 is ₹1,684.84, with a growth percentage of 42.63%. This table indicates that IHCL shares are expected to experience fluctuations over the next decade, but overall show a positive trend.
The maximum and minimum share price target for 2026 to 2030 is ₹1,684.84 and ₹286.42, respectively.
Financial Condition of Indian Hotels Company Ltd: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing | Best Case | Worst Case |
| Sales | 4,103.55 | 4,512.00 | 4,463.14 | 1,575.16 | 3,056.22 | 4,481.98 | 5,929.86 | 2,510.42 |
| Expenses | 3,432.43 | 3,682.27 | 3,495.61 | 1,936.92 | 2,651.47 | 3,329.39 | 4,404.93 | 2,136.32 |
| Operating Profit | 671.12 | 829.73 | 967.53 | -361.76 | 404.75 | 1,152.59 | 1,524.93 | 374.10 |
| Other Income | 83.41 | 89.96 | 173.37 | 324.67 | 170.78 | 166.91 | – | – |
| Depreciation | 301.20 | 327.85 | 404.24 | 409.63 | 406.05 | 406.90 | 406.90 | 406.90 |
| Interest | 269.04 | 190.13 | 341.12 | 402.82 | 427.66 | 326.42 | 326.42 | 326.42 |
| Profit before tax | 184.29 | 401.71 | 395.54 | -849.54 | -258.18 | 586.18 | 791.61 | -359.22 |
| Tax | 121.06 | 157.12 | 44.77 | -155.33 | -35.78 | 129.67 | 22% | 22% |
| Net profit | 100.87 | 286.82 | 354.42 | -720.11 | -247.72 | 441.81 | 616.50 | -279.76 |
| EPS | 0.76 | 2.17 | 2.68 | -5.45 | -1.74 | 3.11 | 4.34 | -1.97 |
| Price to earning | 164.38 | 69.20 | 27.12 | -19.72 | -136.75 | 95.02 | 95.02 | 61.07 |
| Price | 125.48 | 150.20 | 72.73 | 107.49 | 238.50 | 295.55 | 412.41 | -120.28 |
| Dividend Payout | 47.16% | 20.73% | 16.78% | 0.00% | 0.00% | |||
| OPM | 16.35% | 18.39% | 21.68% | 0.00% | 13.24% | 25.72% |
The financial statement of Indian Hotels Company Limited (IHCL) over the last five years showcases a mixed performance of the company.
The sales of the company have increased over the years, reaching its maximum in the year 2020 at ₹4,463.14 crore. However, due to the pandemic, the sales saw a steep drop in the year 2021 to ₹1,575.16 crore.
The expenses of the company have consistently increased over the years, reaching its maximum in the year 2021 at ₹1,936.92 crore.
The operating profit of the company saw a considerable growth of 21.68% in the year 2020, but saw a negative growth of 361.76% in the year 2021.
The net profit of the company has seen a considerable growth from ₹100.87 crore in the year 2018 to ₹354.42 crore in the year 2020. However, the net profit saw a negative growth of 720.11% in the year 2021.
The PAT (profit after tax) growth of the company has varied over the years, with a minimum growth of -279.76% in the year 2021 and a maximum growth of 441.81% in the year 2020.
The revenue growth of the company has been inconsistent, with a minimum growth of -19.72% in the year 2021 and a maximum growth of 238.50% in the year 2022.
The profit growth of the company has been volatile, with a minimum growth of -279.76% in the year 2021 and a maximum growth of 616.50% in the year 2020.
The OPM (operating profit margin) of the company has varied over the years, reaching its maximum of 25.72% in the year 2020 and a minimum of 0% in the year 2021.
FAQS
Will the share price of Indian Hotels Company Ltd increase in 2023?
Yes, the per share price of Indian Hotels Company Ltd will grow and reach ₹404.93 by the December of 2023.
What is the price prediction for Indian Hotels Company Ltd for 2030?
If we look at the current market pattern, the per-share price of Indian Hotels Company Ltd might reach around ₹1,684.84 by the end of 2030.
Is Indian Hotels (IHCL) profitable?
Yes, IHCL is on track to be the most profitable in South Asia by 2025 as per the report of THE FINANCIAL EXPRESS.
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Conclusion
Covid had brought the share prices of IHCL and many other hotel chains down, as people were locked inside their homes, and international travel was restricted.
However, now that there is no lockdown, and tourism is in full flow, the IHCL share price started to skyrocket.
The Indian Hotels (IHCL) Share Price is expected to remain strong in the coming years, with 2030 being the target price of 2023.
With the government’s push to increase tourism, the hospitality sector is likely to benefit from increased demand, which could push the share price even higher.
With the right strategies in place, the company has the potential to reach its target of ₹1,684.84 by 2030.
