Enterprise
ITC Lodges shares traded underneath strain on Monday regardless of the corporate reporting robust This autumn FY26 earnings and saying a closing dividend for shareholders. ITC Lodges share value was buying and selling at Rs. 151.53 on the NSE on the time of writing, down 2.54% intraday.
The hospitality inventory has been encountering sustained promoting strain over the previous a number of months. ITC Lodges shares have fallen greater than 26% within the final six months and are at present down practically 42.08% from their 52-week excessive stage, even after a pointy rise in quarterly revenue.
ITC Lodges This autumn Outcomes FY26
ITC Lodges reported robust 4th quarter earnings for the monetary 12 months ended March 31, 2026. Based on the corporate’s consolidated monetary statements, web revenue rose sharply by 34% YoY to Rs. 316 crore in This autumn FY26, in contrast with Rs. 235 crore reported throughout the identical quarter final 12 months.
The corporate additionally reported 18.9% YoY enhance in Complete earnings which stood at Rs. 1,306.45 crore
The corporate’s EBITDA stood at Rs. 522.88 crore whereas the Earnings per share (EPS) was reported at Rs. 1.52
Based on trade filings, ITC Lodges’ income from core operations rose just one.6% YoY to Rs. 1,243.88 crore within the March quarter, in contrast with Rs. 1,224.27 crore in the identical interval final 12 months.
Revenue from the lodge enterprise section additionally slipped 4.3% to Rs. 322 crore from Rs. 336 crore within the earlier 12 months’s corresponding quarter.
Elara Capital Maintains ‘Purchase’ Score On ITC Lodges
Regardless of the latest correction within the inventory value, brokerage agency Elara Capital has maintained a ‘Purchase’ suggestion on ITC Lodges shares with a goal value of Rs. 197.
Based on the brokerage, Ex-real property income grew 6% YoY. ITC Lodges signed 33 resorts in FY26 with greater than 3,300 keys. The managed lodge pipeline at present stands at 67 resorts
Nevertheless, Elara Capital reduce earnings estimates as a result of issues associated to the continuing West Asia warfare affect and broader uncertainty within the journey and hospitality sector.
ITC Lodges Dividend 2026
ITC Lodges’ board has additionally really helpful a closing dividend of Rs. 1 per fairness share with a face worth of Rs. 1 every for the monetary 12 months ended March 31, 2026.
Based on the corporate’s trade submitting, the dividend proposal is topic to shareholder approval in the course of the upcoming third Annual Basic Assembly (AGM), scheduled to be held on Thursday, August 6, 2026.
The corporate has mounted Thursday, Might 21, 2026, because the file date to find out shareholder eligibility for the dividend payout.
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