Motilal Oswal - MOSL: Morning India (23/June/22): 1. Indian Hotel (Leveraging brands leading to diversified business); 2. Gujarat Gas; 3. Ipca Laboratories

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Motilal Oswal

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EUR 120.00 For Business Accounts Only

MOSL: Morning India (23/June/22): 1. Indian Hotel (Leveraging brands leading to diversified business); 2. Gujarat Gas; 3. Ipca Laboratories

MOrning India (23/June/22): 1. Indian Hotel (Leveraging brands leading to diversified business); 2. Gujarat Gas; 3. Ipca Laboratories

Today’s top research idea

Indian Hotel: Leveraging brands leading to diversified business

Indian Hotels (IH) FY22 annual report highlights the company's efforts to grow its existing and new businesses, improve its margins and deploy its capital efficiently to generate better returns.
IH has introduced AHVAAN 2025 strategy under which it expects to reach a portfolio of 300 hotels, increase management contract share, grow beyond tradition hotel business and expand new businesses. Consolidated grew 94% YoY to INR30.6b, with major revenue contribution coming from India at INR24.9b followed by USA and UK. Revenues of subsidiaries (derived) grew 2.4x to INR10.5b with growth across all subsidiaries.
EBITDA stood at INR165m against EBITDA loss of INR2.65b in FY21 with Roots and St. James registering operating profit. AR also highlighted reduction in corporate overheads by 28% at INR2.5b in FY22 led by optimization through redeployment, multiskilling, restructuring and prudent allocation of resources.

23/06/2022 EN

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Motilal Oswal

Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.

Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.

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MOSL: Morning India (23/June/22): 1. Indian Hotel (Leveraging brands leading to diversified business); 2. Gujarat Gas; 3. Ipca Laboratories

MOSL : HOME FIRST FINANCE COMPANY: Earnings in-line with sustained improvement in asset quality

MOSL : SHOPPERS STOP: Ticking the right boxes

MOSL : ERIS LIFESCIENCES: Enhanced efforts toward product launch-related activities

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