One of the Tata Group stocks engaged in owning, operating, and managing hotels and resorts, primarily associated with the Taj Group. The stock has jumped 5.91 percent after reporting December quarterly results, and net profit has increased by 170 percent QOQ.
Stock Price Movement
In Wednesday’s trading session, Oriental Hotels Limited’s share jumped to an intraday high of 5.91 percent from the previous close of Rs. 168.95 The stock opened at Rs. 172.35 and is currently trading at Rs. 177.60 with a high of Rs. 178.95 and a low of Rs. 170. The market capitalization now stands at approximately Rs. 3,171.92 crore.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of Oriental Hotels Limited, the company’s consolidated revenue from operations increased by 19.44 percent YOY, from Rs. 102.06 crore in Q3 FY24 to Rs. 121.90 crore in Q3 FY25, and grew by 18.01 percent QoQ from Rs. 103.30 crore in Q2 FY25.
In Q3 FY25, Oriental Hotels Limited’s consolidated net profit slightly decreased by 16.51 percent YOY, reaching Rs. 15.44 crore compared to Rs. 18.56 crore during the same period last year. As compared to Q2 FY25, the net profit has increased by 170.40 percent, from Rs. 5.71 crore.
The basic earnings per share increased by 168.75 percent and stood at Rs 0.86 as against Rs 0.32 recorded in the previous quarter FY25.
In terms of return ratios, Oriental Hotels Limited’s share ROE and ROCE are currently at 10.7 percent and 8.49 percent, respectively. Oriental Hotels Limited has a debt-to-equity ratio of 0.33x, which shows the company is almost a debt-free company.
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Current Portfolio
Oriental Hotels Limited’s flagship project was the Taj Coromandel in Chennai, inaugurated in 1974. Its current portfolio includes Taj Coromandel, Taj Fisherman’s Cove Resort & Spa in Chennai, Taj Malabar Resort & Spa in Cochin, Vivanta in Coimbatore, and various Gateway Hotels in Madurai, Coonoor, and Mangalore.
Company Overview
Oriental Hotels Limited was established on September 18, 1970, and is based in Chennai, India. The company operates a portfolio of hotels and resorts and includes properties like Taj Coromandel and Taj Fisherman’s Cove, providing accommodation, dining, and catering services.
Written By – Nikhil Naik
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