Chalet Hotels Share Price Analyzed
Chalet Hotels’ stock went up 3.6% on Thursday, reaching ₹920.5, thanks to a positive upgrade from Elara Capital. Elara Capital raised their rating from ‘Accumulate’ to ‘Buy,’ and they believe the stock could increase in value by 24.74% – that’s a big jump! This shows investors are starting to see Chalet Hotels as a good investment.
Key Points
- Chalet Hotels share price increased by 3.6% to ₹920.5.
- Elara Capital upgraded Chalet Hotels to a ‘Buy’ rating.
- Target price increased to ₹1,086, suggesting a 24.74% gain.
- Expected net profit increase of 13.5% year-on-year (₹109.5 crore).
- Revenue projected to rise to ₹553.5 crore.
- Company anticipates consistent growth with new room additions until 2030.
Chalet Hotels’ stock price was up 2.9% overall, even though the main stock market (Nifty50) went up just a little. This means Chalet Hotels is doing well compared to other companies.
Elara Capital expects Chalet Hotels to make a lot of money in the next few months – about ₹109.5 crore. That’s a 13.5% increase compared to last year. They also predict the company will make more money selling rooms and using their property wisely.
However, things were a bit tricky this quarter. Travel was affected, and some flights were cancelled, which slowed down how many people stayed at the hotels. Despite this, Chalet Hotels is still expected to perform reasonably well.
During the last quarter (Q2FY26), Chalet Hotels did okay, but their prices increased by 16% and fewer people stayed at the hotels (67% occupancy). This is why Elara Capital is changing how Chalet Hotels operates – they want to own more properties instead of just managing them.
The company believes things will get better soon. They think more people will book meetings and events (MICE), and with new rooms opening up, they expect more people to stay at their hotels. Specifically, they’re building new rooms at Marriott Bengaluru, Athiva Resort at Khandala, and Westin at Rishikesh.
“Strong hotel performance will continue to grow the company’s revenue.”
