Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹775 Cr.
Stock P/E
24.1
P/B
3.6
Current Price
₹1436
Book Value
₹ 399.9
Face Value
10
52W High
₹1679.9
52W Low
₹ 1293.5
Dividend Yield
—

UP Hotels Overview

Business

UP Hotels Ltd. operates within the hospitality sector, primarily engaged in the business of owning, managing, or leasing hotels, resorts, and potentially standalone restaurants. Its core business model revolves around providing accommodation services, food and beverage offerings, banqueting facilities, and other ancillary hospitality services to both leisure and business travelers. The company generates revenue primarily through room bookings, sales from its restaurants and bars, and income from hosting events, conferences, and weddings.

Revenue Mix

While specific revenue breakdowns for UP Hotels Ltd. are not publicly available, the hospitality industry typically derives the majority of its income from two primary segments:

Accommodation: Revenue generated from room nights sold, often the largest contributor.

Food & Beverage (F&B): Income from restaurants, bars, room service, and banquet sales for events.

Other potential, albeit smaller, segments can include laundry services, spa facilities, and ancillary guest services.

Industry

The Indian hotel, resort, and restaurant industry is highly competitive and diverse, comprising a mix of large national and international chains (e.g., Indian Hotels Company, EIH Ltd., Marriott, Hilton), regional players, and independent properties. The industry is sensitive to economic cycles, tourism trends, and seasonality. Without specific details on UP Hotels Ltd.'s portfolio size, star ratings, or geographic spread, its exact positioning is difficult to ascertain. Given its name, it might operate a focused portfolio, potentially within a specific region of India. It likely competes with a range of local and potentially smaller national chains, rather than being a dominant market leader.

MOAT

For a company like UP Hotels Ltd., potential competitive advantages (moats) could include:

Strategic Location: Ownership of prime real estate in high-demand tourist destinations or business hubs, which are difficult to replicate.

Local Brand Reputation: A strong brand presence and customer loyalty within specific regional markets, built over time through consistent service quality.

Operational Efficiency: Superior cost management and service delivery that allows for better margins or competitive pricing.

Asset Ownership: Owning its hotel assets rather than leasing, which can provide long-term asset value appreciation.

However, without specific information, it is challenging to confirm the presence or strength of these moats for UP Hotels Ltd. The hotel industry generally has low switching costs for customers, making brand and service quality critical.

Growth Drivers

Key factors that can drive growth for UP Hotels Ltd. over the next 3-5 years include:

Increasing Domestic Tourism: Rising disposable incomes, improved connectivity, and government initiatives promoting domestic travel.

Revival of International Tourism: Post-pandemic recovery and continued growth in foreign tourist arrivals to India.

Infrastructure Development: Expansion of airports, road networks, and development of new tourism circuits.

MICE (Meetings, Incentives, Conferences, Exhibitions) Sector Growth: Increased business travel and corporate events.

Asset Expansion/Renovation: Adding new properties, increasing room inventory, or upgrading existing facilities to enhance competitiveness and demand.

Religious Tourism: India's rich cultural and religious heritage continues to attract a significant number of pilgrims and tourists.

Risks

Economic Downturns: The hospitality sector is highly cyclical and sensitive to economic slowdowns, which can reduce discretionary spending on travel and tourism.

Geopolitical and Health Crises: Events like pandemics, political instability, or security concerns can severely impact travel demand.

Intense Competition: A fragmented and competitive market can lead to pricing pressure and impact occupancy rates and average room rates (ARRs).

High Fixed Costs: Hotels incur significant fixed costs (property maintenance, staff salaries, utilities) which can weigh on profitability during periods of low occupancy.

Regulatory Changes: Shifts in tourism policies, licensing requirements, environmental regulations, or taxation can impact operations.

Seasonality: Revenue and profitability can fluctuate significantly based on peak and off-peak travel seasons.

Management & Ownership

In India, many companies, especially those with an established history, are promoter-led. This typically means a founding family or group holds a significant ownership stake and plays a key role in management and strategic direction. The quality of management, including their experience, vision, and execution capabilities, is crucial for navigating the competitive hospitality landscape and driving growth. Without specific information, it's not possible to assess the management quality or the detailed ownership structure of UP Hotels Ltd.

Outlook

UP Hotels Ltd. operates in a sector with significant long-term growth potential in India, driven by the country's economic expansion, rising middle class, and increasing focus on tourism. The post-pandemic recovery and ongoing infrastructure development could provide tailwinds. However, the company also faces inherent challenges typical of the hospitality industry, including intense competition, sensitivity to economic cycles, and high operational leverage. Its success will depend on its ability to leverage strategic locations (if applicable), maintain service quality, manage costs effectively, and adapt to evolving consumer preferences and market dynamics. The market's perception of its brand strength, asset quality, and future expansion plans will be critical factors in its performance.

UP Hotels Share Price

Live · BSE / NSE · Inception: 1961
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

UP Hotels Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 48 21 27 55 49 29 25 57 51 30
Other Income 2 1 1 1 3 2 2 2 2 2
Total Income 50 22 28 57 52 30 27 59 53 32
Total Expenditure 30 21 25 31 33 24 27 35 33 27
Operating Profit 20 1 4 25 18 7 -0 24 20 5
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 3 2 2 2 1 0 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 18 -1 2 23 16 4 -3 22 19 4
Provision for Tax 5 -0 0 6 4 1 -1 6 5 1
Profit After Tax 13 -1 1 17 12 3 -2 17 14 3
Adjustments 0 0 -0 0 0 -0 0 0 0 0
Profit After Adjustments 13 -1 1 17 12 3 -2 17 14 3
Adjusted Earnings Per Share 24.4 -1.3 2.2 31.6 22.6 6 -3.7 30.7 26.6 5

UP Hotels Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 87 88 94 105 98 33 72 131 147 153 162 163
Other Income 2 3 4 5 5 3 3 4 5 6 7 8
Total Income 89 91 98 110 103 35 75 134 152 159 169 171
Total Expenditure 74 78 86 94 92 39 59 95 101 111 119 122
Operating Profit 15 13 12 16 11 -4 15 39 50 48 49 49
Interest 1 0 0 0 0 0 0 0 0 0 0 0
Depreciation 7 7 7 7 7 6 6 7 8 9 6 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 7 7 5 9 4 -11 9 32 42 40 43 42
Provision for Tax 3 3 2 3 -0 -3 2 8 10 10 11 11
Profit After Tax 4 4 3 7 4 -8 7 23 32 30 32 32
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 4 4 3 7 4 -8 7 23 32 30 32 32
Adjusted Earnings Per Share 7.3 7 5.6 12.1 6.9 -14.2 12.5 43.3 58.9 55.1 59.7 58.6

UP Hotels Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 80 82 86 93 97 90 96 120 152 181 213
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 6 4 6 7 4 1 3 3 3 2 3
Total Current Liabilities 22 22 27 27 26 19 15 25 27 28 30
Total Liabilities 108 108 119 126 128 110 115 148 182 212 247
Fixed Assets 60 60 63 62 60 55 62 61 64 71 74
Other Non-Current Assets 1 1 2 6 8 11 2 40 12 14 71
Total Current Assets 47 47 55 58 60 44 50 48 106 127 102
Total Assets 108 108 119 126 128 110 115 148 182 212 247

UP Hotels Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 5 7 7 10 12 7 4 6 6 9 17
Cash Flow from Operating Activities 12 10 11 13 5 -1 5 53 -4 36 76
Cash Flow from Investing Activities -10 -10 -11 -11 -8 1 -5 -52 7 -28 -75
Cash Flow from Financing Activities 0 -0 2 1 -2 -3 2 -1 -0 -0 1
Net Cash Inflow / Outflow 3 -0 3 2 -5 -3 2 -1 3 9 2
Closing Cash & Cash Equivalent 7 7 10 12 7 4 6 6 9 17 19

UP Hotels Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 7.28 6.97 5.64 12.15 6.87 -14.22 12.45 43.27 58.92 55.06 59.7
CEPS(Rs) 19.87 19.02 18.17 25 19.83 -2.22 24.26 57.03 73.66 71.11 71.22
DPS(Rs) 1 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 145.05 152.74 159.39 171.43 179.63 166.35 178.34 221.95 280.81 336.01 394.91
Core EBITDA Margin(%) 14.27 11.73 8.26 10.92 5.63 -20.16 17.46 27.22 30.74 27.57 26.33
EBIT Margin(%) 9.07 7.64 5.74 8.7 3.81 -32.08 12.39 24.35 28.89 26 26.72
Pre Tax Margin(%) 8.41 7.51 5.7 8.65 3.76 -32.22 12.36 24.32 28.87 25.97 26.7
PAT Margin (%) 4.52 4.28 3.24 6.24 3.8 -23.36 9.35 17.86 21.72 19.45 19.93
Cash Profit Margin (%) 12.35 11.69 10.43 12.84 10.98 -3.65 18.21 23.54 27.15 25.11 23.78
ROA(%) 3.8 3.49 2.68 5.35 2.92 -6.46 5.99 17.77 19.29 15.1 14.06
ROE(%) 5.13 4.68 3.61 7.34 3.91 -8.22 7.23 21.62 23.44 17.85 16.34
ROCE(%) 10.29 8.35 6.41 10.23 3.91 -11.27 9.55 29.35 31.09 23.82 21.87
Receivable days 32.46 37.6 38.54 34.37 31.05 53.91 17.12 14.46 17.37 16.42 12.87
Inventory Days 11.66 12.99 12.99 9.96 9.08 24.28 10.84 6.13 6.12 6.23 5.82
Payable days 216.15 250.61 202.92 132.23 178.72 511.39 178.51 108.6 103.48 100.95 100.15
PER(x) 0 0 0 0 0 0 35.41 14.28 23.48 28.88 23.38
Price/Book(x) 0 0 0 0 0 0 2.47 2.78 4.93 4.73 3.53
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) -0.23 -0.19 -0.14 -0.19 -0.24 -0.69 2.86 2.45 4.74 5.18 4.46
EV/Core EBITDA(x) -1.35 -1.28 -1.1 -1.24 -2.14 5.58 13.48 8.16 13.8 16.36 14.59
Net Sales Growth(%) 11.66 1.17 7.01 11.77 -7.22 -66.31 118.94 81.82 11.99 4.37 5.79
EBIT Growth(%) 88.53 -14.83 -19.61 69.52 -59.41 -383.86 184.53 257.42 32.88 -6.1 8.73
PAT Growth(%) 44.81 -4.15 -19.1 115.31 -43.46 -306.98 187.61 247.4 36.17 -6.55 8.42
EPS Growth(%) 44.81 -4.15 -19.1 115.31 -43.46 -306.98 187.61 247.4 36.17 -6.55 8.42
Debt/Equity(x) 0 0 0 0 0 0 0.01 0 0 0 0
Current Ratio(x) 2.11 2.16 2.05 2.18 2.28 2.32 3.42 1.89 3.95 4.53 3.4
Quick Ratio(x) 1.99 2 1.93 2.09 2.19 2.22 3.27 1.81 3.85 4.44 3.31
Interest Cover(x) 13.68 59.37 130.7 154.31 86.38 -228.22 452.42 887.35 1361.11 1200.9 2098.02
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +6% +7% +37% +6%
Operating Profit CAGR +2% +8% — +13%
PAT CAGR +7% +12% — +23%
Share Price CAGR -10% +17% +37% +17%
ROE Average +16% +19% +17% +9%
ROCE Average +22% +26% +23% +13%

UP Hotels Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 88.39 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 11.61 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 88.3988.3988.3988.3988.3988.3988.3988.3988.3988.39
FII 0000000000
DII 0000000000
Public 11.6111.6111.6111.6111.6111.6111.6111.6111.6111.61
Others 0000000000
Total 100100100100100100100100100100

UP Hotels Peer Comparison

Hotel, Resort & Restaurants Edit Columns

UP Hotels Quarterly Price

10-year quarterly close · BSE
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News & Updates

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UP Hotels Pros & Cons

Pros

  • Debtor days have improved from 100.95 to 100.15days.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.6 times its book value.
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