Chalet Hotels Ltd Share Price (CHALET)

Chalet Hotels Expected to Report Strong Q4 Results - 17 Apr, 2024

Prabhudas Lilladher expects Chalet Hotels to report a net profit of Rs. 101.5 crore, up 84.1% YoY and 43.8% QoQ. Net sales are expected to increase by 36.6% YoY and 23.5% QoQ to Rs. 461.5 crore. EBITDA is likely to rise by 39.4% YoY and 28% QoQ to Rs. 212.5 crore.

Brokerage Firm Maintains Accumulate Rating on Chalet Hotels - 12 Apr, 2024

Chalet Hotels is expected to report a 36.6% YoY growth in revenue with an EBITDA margin of 46%. The brokerage firm maintains its accumulate rating as the deleveraging process has begun and demand environment remains robust. Revised SOTP based TP stands at Rs888.

Chalet Hotels Reports Strong Profits, But Stock Remains Stagnant - 11 Apr, 2024

Despite strong profits reported by Chalet Hotels Limited, the stock remains stagnant due to the issuance of 6.4% more new shares over the last year, resulting in dilution and a noteworthy influence on shareholder returns. Valuation is complex, and risks should be considered.

Chalet Hotels Beats Forecasts and Exceeds Expectations - 07 Apr, 2024

Chalet Hotels exceeded expectations with revenue of ₹3.7b, 4.2% above estimates, and EPS at ₹3.44, 32% ahead of expectations. Analysts predict a substantial 36% improvement in revenue to ₹18.2b by 2025, with EPS predicted to bounce 77% to ₹18.89. The analysts reconfirmed their price target of ₹832.

Chalet Hotels Raises Rs 1,000 Crore Through QIP - 03 Apr, 2024

Indian hotel chain Chalet Hotels has raised Rs 1,000 crore ($134 million) through a Qualified Institutional Placement (QIP), issuing 1.26 crore equity shares to eligible institutional buyers at Rs 792 per share. The company's board had approved raising funds of up to Rs 2,000 crore last month.

Chalet Hotels Launches QIP Issue to Raise Funds - 28 Mar, 2024

Chalet Hotels has launched a Qualified Institutional Placement (QIP) issue to raise up to Rs 1,200 crore at a floor price of Rs 775 per share. The company's board approved the proposal and set the floor price at Rs 780.76 per share.

Chalet Hotels Board Approves QIP Issue - 27 Mar, 2024

Chalet Hotels has approved a qualified institutional placement (QIP) issue at a floor price of Rs 780.76 per share, which is nearly a 10% discount to the previous day's closing price. The company aims to raise up to Rs 1,200 crore through this QIP and intends to use the proceeds towards pre-payment/repayment of debt, organic/inorganic growth/expansion, redemption/restructuring of preference shares or other outstanding securities, along with other general corporate purposes.

Chalet Hotels Stock Rallies Up to 9% on Expectation of Strong Earnings - 26 Mar, 2024

Shares of listed hotel companies, including Chalet Hotels, rallied up to 9% on the BSE in intra-day trade on March 26, 2024. The surge was driven by expectations of strong earnings. Chalet Hotels hit a new high of Rs 894.95 and surpassed its previous high.

Brokerage Raises Target Price for Chalet Hotels, IHCL and Lemon Tree - 25 Mar, 2024

A domestic brokerage has raised its target price for Chalet Hotels to ₹900 due to the acquisition of Courtyard from Marriott Aravali Resort. The brokerage also increased its target prices for Indian Hotels Company Ltd (IHCL) and Lemon Tree to ₹575 and ₹150, respectively, based on new signings and rolling forward forecasts by a quarter to FY26. Strong demand is driving new management contracts in the hospitality industry.

Chalet Hotels Shows Positive Trends in Returns on Capital - 21 Mar, 2024

Chalet Hotels has shown a substantial increase in returns on capital over the last five years, with 11% return and 45% more capital employed. The company's ability to reinvest in the business and generate higher returns is impressive, and investors are expecting good things to come in the future with a remarkable 135% total return over the last five years.