INDHOTEL(The Indian Hotels Company Limited)
20.12.2022 - Motilal Oswal on Indhotel Maintain Buy CMP 314.1 Target 390
15.12.2022 - ICICISEC on Indhotel Maintain Add CMP 314 Target 366
18.11.2022 - MS on Indhotel Maintain Overweight CMP 317.65 Target 381
14.11.2022 - JpMorgan on Indhotel Maintain Neutral CMP 312 Target 315
14.11.2022 - MS on Indhotel Maintain Overweight CMP 312 Target 381
11.11.2022 - Jefferies on Indhotel Maintain Buy CMP 317 Target 380
26.09.2022 - Jefferies on Indhotel Maintain Buy CMP 316 Target 380
10.08.2022 - JpMorgan on Indhotel Maintain Overweight CMP 277.25 Target 315
10.08.2022 - Jefferies on Indhotel Maintain Buy CMP 277.25 Target 325
23.05.2022 - UBS on Indhotel Maintain Buy CMP 221.5 Target 270
UBS ON INDIAN HOTEL : 15.07.2021
• New initiatives bearing fruit
• Transforming from legacy hotelier to new age hospitality company
• More upside from cost rationalization and margin expansion
• Recovery and consolidation
INDIAN HOTELS Investor Meet Highlights Aspiration 2022 : 08.07.2021
* Indian Hotels at its investor meet announced a target of 800 bps margin expansion for FY22. Here are other highlights from the meet!
• Aim for 800 bps Margin Expansion
• 15 New Projects Every Year
• 50-50 Portfolio - Owned vs Managed
• Cost Reduction:
* Operating - 45%
• Fixed - 28%
* Corporate Exp - 40%
• To cut debt from Rs 3,110 Cr to Rs 1,857 Cr