CHL Ltd (CHLLTD) · mywealthgrid

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About

CHL Ltd operates Hotels & Resorts within India's Consumer Discretionary sector, serving the domestic leisure travel market. Quarterly revenue is ₹28.12 Cr (Mar 2025) with market cap ₹151.25 Cr, positioning it as a small promoter-led player in a fragmented hospitality industry. Operating margins range 15–38% depending on occupancy and seasonality, with exposure to discretionary-spending cycles.

Face value: ₹2

Market cap

₹155 Cr

P/E

368.6×

P/B

0.4×

Dividend yield

ROE

0.1%

ROCE

Debt / equity

0.62

OPM

11.8%

EPS (TTM)

₹0.1

Book value

₹76.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue and margin volatility (₹18.59–₹28.3 Cr quarterly, 15.33%–38.2% range over 12 months) indicates occupancy-driven earnings with limited predictability; Q2 structurally weaker at 15–22% margins
Stock declined 29% in 1yr despite revenue recovery; PE/ROE n/a signal capital structure opacity — verify debt levels, 2014 split impact on share dilution, and free cash flow adequacy; risk of hidden leverage
Concentrated ownership (promoter 72.84%, FII 0%, DII 1.04%) and no dividends since 2013 — verify whether capital constraints exist or retained earnings fund growth; limited institutional capital access
Small scale (₹28.12 Cr quarterly revenue, ₹151 Cr market cap) with high fixed-cost base — limited pricing power vs organized competitors; exposed to discretionary-spending downturns and commodity-cost inflation

Generated analysis · source review pending

Growth drivers

Revenue recovered from ₹18.59 Cr (Jun 2024, 15.33% margin) to ₹28.12 Cr (Mar 2025, 25.21% margin) — verify if driven by demand recovery or cyclical factors; check FY2025-26 results for sustainability
Operating margins peaked at 38.2% (Dec 2024) vs 15.33% (Jun 2024) indicating substantial leverage in high-occupancy periods — verify Q2 seasonal drivers and whether capex or pricing initiatives can normalize margin gap
Domestic leisure travel and discretionary spending recovery in India (sector-level exposure) — verify with latest hotel booking trends, tourism arrivals, and middle-class income growth data

Generated analysis · source review pending

1,645 historical price candles were omitted because the exchange source has not been verified.

₹28.3+4.6%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 43% over the last 5 years
+High promoter holding of 72.8% with no pledge

Cons

−Low return on equity of 0.1% (3-yr avg)
−Weak interest coverage of 1.4×
−Expensive at 368.6× trailing earnings

Research score

Structured signal from quality, growth, valuation and momentum.

27/100

Business quality: 20
Growth: 28
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	23	62	114	126	138	139
COGS	2	5	10	12	13	13
Gross profit	21	57	103	113	125	126
	24	45	77	81	94	109
	-3	12	27	32	31	16
OPM %	-14%	19.6%	23.5%	25.6%	22.7%	11.8%
Depreciation	16	15	17	17	13	15
Interest	12	13	21	26	24	20
	1	2	9	28	13	26
Profit before tax	-31	-14	-2	17	8	7
Tax	-1	0	5	7	9	7
Tax %	-1.7%	3.2%	204.3%	43.5%	122.1%	94.1%
	-31	-15	-7	10	-2	0
PAT margin %	-131.9%	-23.8%	-6.3%	7.6%	-1.2%	0.3%
EPS (₹)	—	—	6.1	1.1	-1.2	-5.5
EPS adjusted (₹)	-5.6	-2.7	-0.3	0.3	-0.1	0
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	11	11	55	55	55	55
Reserves	-60	-99	-133	-126	-132	366
Minority interest	44	44	—	—	—	—
	212	248	268	249	242	262
	109	104	143	162	190	230
Total equity & liabilities	316	307	333	340	355	914
	286	280	278	273	269	825
CWIP	0	1	0	1	1	0
Investments	0	0	0	0	0	0
	29	26	54	66	85	89
Total assets	316	307	333	340	355	914

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	90.7%	91.7%	91%	90.1%	90.7%	90.4%
EBITDA margin %	-14%	19.6%	23.5%	25.6%	22.7%	11.8%
EBIT margin %	-84.2%	-5.2%	8.6%	11.7%	13.2%	0.9%
PAT margin %	-131.9%	-23.8%	-6.3%	7.6%	-1.2%	0.3%
Working capital
Receivable days	34	16	19	16	11	11
Inventory days	1,125	495	339	289	226	315
Payable days	592	343	206	189	170	153
NWC days	567	168	152	116	68	173
Leverage
Current ratio	0.24	0.24	0.44	0.35	0.41	0.35
Debt to EBITDA	—	20.27	10.03	7.72	7.75	15.9
Debt to equity	-4.3	-2.8	-3.46	-3.52	-3.16	0.62
Interest coverage	-1.6	-0.1	0.9	1.6	1.4	1.4
Asset turnover	0.07	0.2	0.34	0.37	0.39	0.15
Return ratios
Return on assets %	-9.7%	-4.8%	-2.1%	2.8%	-0.5%	0%
Return on capital employed %	-8.3%	-0.8%	8.2%	20.6%	16.7%	6%
Return on equity %	62.4%	16.8%	9.2%	-13.5%	2.2%	0.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	1.04%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	26.12%
No. of shareholders	—	—	—	—	—	—	—	—	2,505	2,499	2,541	2,529

Promoter holding up 0 percentage points since Sep 2023.

2 deals · 26 Dec 2023 – 26 Dec 2023

Date	Client	Type	Venue	Side	Quantity	Price	Value
26 Dec 2023	HB PORTFOLIO LIMITED	Bulk	BSE	Buy	5,60,000	₹41.00	₹2.30 Cr
26 Dec 2023	GEMINI PORTFOLIOS P LTD	Bulk	BSE	Sell	5,60,000	₹41.00	₹2.30 Cr

1–2 of 2

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Luv MalhotraExecutive Director-Chairperson-MD
Ms. Kajal MalhotraNon-Executive - Non Independent Director
Mr. Alkesh TackerNon-Executive - Independent Director
Mr. Rakesh MathurNon-Executive - Independent Director
Mr. Ashish KapurNon-Executive - Independent Director
Mr. Gopal PrasadChief Financial Officer
Mr. Aysuh RaiCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in CHL Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

11

Final dividend13 Sept 2013 · ex-date₹1
Interim dividend1 Mar 2013 · ex-date₹1
Final dividend13 Sept 2012 · ex-date₹1
Interim dividend2 Mar 2012 · ex-date₹1
Final dividend14 Sept 2011 · ex-date₹1.5
Interim dividend17 Feb 2011 · ex-date₹1.5
Final dividend9 Sept 2010 · ex-date₹1.5
Interim dividend18 Feb 2010 · ex-date₹1.5
Dividend dividend14 Sept 2009 · ex-date₹1.5
Interim dividend19 Feb 2009 · ex-date₹1.5
Final dividend23 Sept 2008 · ex-date₹2

1

Board meeting to consider results30 Jul 2026

1

Face value ₹10 → ₹23 Apr 2014 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

13 announcementsExport CSV

30 Jul 2026, 9:18 pmResult

Unaudited Financial Results As On 30Th June 2026

Financial Results PDF

30 Jul 2026, 9:07 pmBoard Meeting

Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th July, 2026 As Per Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015.

Outcome of Board Meeting PDF

29 Jul 2026, 7:32 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

22 Jul 2026, 6:30 pmBoard Meeting

Board Meeting Intimation for Intimation Of Meeting Of Board Of Directors Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 For The First Quarter Ended On June 30Th, 2026.

Exchange filing PDF

8 Jul 2026, 2:38 pmCompany Update

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 PDF

Date	Category	Subject	Filing
30 Jul 2026, 9:18 pm	Result Financial Results	Unaudited Financial Results As On 30Th June 2026	PDF
30 Jul 2026, 9:07 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th July, 2026 As Per Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015.

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	90.7%	91.7%	91%	90.1%	90.7%	90.4%
EBITDA margin %	-14%	19.6%	23.5%	25.6%	22.7%	11.8%
EBIT margin %	-84.2%	-5.2%	8.6%	11.7%	13.2%	0.9%
PAT margin %	-131.9%	-23.8%	-6.3%	7.6%	-1.2%	0.3%
Working capital
Receivable days	34	16	19	16	11	11
Inventory days	1,125	495	339	289	226	315
Payable days	592	343	206	189	170	153
NWC days	567	168	152	116	68	173
Leverage
Current ratio	0.24	0.24	0.44	0.35	0.41	0.35
Debt to EBITDA	—	20.27	10.03	7.72	7.75	15.9
Debt to equity	-4.3	-2.8	-3.46	-3.52	-3.16	0.62
Interest coverage	-1.6	-0.1	0.9	1.6	1.4	1.4
Asset turnover	0.07	0.2	0.34	0.37	0.39	0.15
Return ratios
Return on assets %	-9.7%	-4.8%	-2.1%	2.8%	-0.5%	0%
Return on capital employed %	-8.3%	-0.8%	8.2%	20.6%	16.7%	6%
Return on equity %	62.4%	16.8%	9.2%	-13.5%	2.2%	0.1%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
The Indian Hotels Company LimitedINDHOTELINDHOTEL	₹1,02,200 Cr	₹1,02,251 Cr	₹9,987 Cr	₹3,291 Cr	33%	₹2,146 Cr	23.2%	17%	17.2%	-191
Itc Hotels LimitedITCHOTELSITCHOTELS	₹33,018 Cr	₹33,019 Cr	₹4,260 Cr	₹1,471 Cr	34.4%	₹864 Cr	19.8%	10.2%	7.3%	600
Leela Palaces Hotels & Resorts LimitedTHELEELATHELEELA	₹19,003 Cr	₹20,560 Cr	₹1,604 Cr	₹785 Cr	48.6%	₹298 Cr	26.4%	8.4%	0.5%	-147
Eih LimitedEIHOTELEIHOTEL	₹18,628 Cr	₹18,628 Cr	₹3,023 Cr	₹1,030 Cr	34.8%	₹712 Cr	22.4%	18.6%	12.7%	-295
Chalet Hotels LimitedCHALETCHALET	₹18,182 Cr	₹20,506 Cr	₹2,387 Cr	₹1,064 Cr	42.9%	₹528 Cr	23.3%	18.4%	19.1%	80
Ventive Hospitality LimitedVENTIVEVENTIVE	₹12,894 Cr	₹14,929 Cr	₹2,496 Cr	₹1,079 Cr	44.4%	₹588 Cr	20.4%	10.2%	9.7%	-201
Lemon Tree Hotels LimitedLEMONTREELEMONTREE	₹8,530 Cr	₹10,533 Cr	₹1,473 Cr	₹700 Cr	47.9%	₹235 Cr	20%	14.6%	17.8%	-200
India Tourism Development Corporation LimitedITDCITDC	₹5,711 Cr	₹5,711 Cr	₹535 Cr	₹91 Cr	17.2%	₹82 Cr	15.5%	28.5%	21.6%	-47
Juniper Hotels LimitedJUNIPERJUNIPER	₹4,784 Cr	₹5,522 Cr	₹1,076 Cr	₹429 Cr	40.3%	₹166 Cr	13.5%	8.1%	5.1%	-32
Mahindra Holidays & Resorts India LimitedMHRILMHRIL	₹3,938 Cr	₹5,172 Cr	₹3,023 Cr	₹607 Cr	20.6%	₹54 Cr	2.2%	3.8%	8.9%	227
Samhi Hotels LimitedSAMHISAMHI	₹3,429 Cr	₹5,137 Cr	₹1,281 Cr	₹439 Cr	34.6%	₹504 Cr	45.4%	9.1%	30.3%	-321
Oriental Hotels LimitedORIENTHOTORIENTHOT	₹2,500 Cr	₹2,597 Cr	₹498 Cr	₹130 Cr	26.8%	₹67 Cr	13.8%	13.1%	12.7%	-164

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	11	18	52	16	53	43
	-0	-1	-2	9	-3	-545
	-14	-11	-26	-33	-34	504
Net cash flow	-3	6	24	-8	16	1
Free cash flow	11	16	49	6	46	-516
CFO / Operating profit %	—	147.5%	193.6%	49.2%	170.6%	261.1%

CHL Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends11

Board meetings1

Stock splits1

Announcements

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

Dividends11

Board meetings1

Stock splits1

Ratio timeline

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

11

1

1

11

1

1