Earnings Alerts

Indian Hotels (IH) Earnings: 1Q Net Income Misses Estimates Despite 12% YoY Growth

  • Indian Hotels‘ net income for 1Q is 2.48 billion rupees, a 12% increase year-over-year (y/y).
  • Net income missed the estimated target of 2.53 billion rupees.
  • Revenue reached 15.5 billion rupees, showing a 5.4% y/y growth.
  • Revenue fell short of the expected 15.79 billion rupees.
  • Total costs were 12.7 billion rupees, rising by 4.1% y/y.
  • Other income decreased by 6.7%, amounting to 460.4 million rupees.
  • Analyst recommendations include 10 buys, 7 holds, and 3 sells.

A look at Indian Hotels Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts from Smartkarma have assessed Indian Hotels using their Smart Scores system, which rates different aspects of a company to determine its long-term outlook. Indian Hotels, operating under The Taj Group of hotels, received a mix of scores across various factors. The company scored moderately in terms of Value and Momentum, indicating a stable but not exceptional performance in these areas. However, Indian Hotels fared better in Dividend, Growth, and Resilience, with above-average scores in these categories.

Indian Hotels Company Limited, known for its presence in the Luxury, Business, and Leisure hotel segments, has displayed solid potential for growth and resilience, as per the Smartkarma Smart Scores assessment. With a focus on enhancing dividends, fostering growth, and maintaining resilience in the face of challenges, Indian Hotels seems equipped to navigate the competitive hospitality industry and capitalize on opportunities in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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