Oriental Hotels Limited (ORIENTHOT.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+129.9%

₹375.35

vs ₹163.23 price

Levered DCF

₹438.96

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

9.3

Safe zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	21.58×	66.38×	43.92×	25.92×	-55.97×	-5.71×	-37.5×	9.04×
P/B	1.92×	3.82×	3.53×	2.61×	2.57×	0.9×	0.58×	1.55×
P/S	2.97×	5.88×	5.55×	3.57×	5.15×	3.51×	1.06×	2.39×
EV / EBITDA	11.95×	24.51×	21.83×	13.07×	45.46×	-25.67×	10.89×	6.7×
Gross margin	61.5%	67.8%	67.8%	69.5%	57.4%	32.3%	59.8%	61.2%
Operating margin	19.8%	25.6%	18.9%	22.8%	0.1%	-50.2%	3.7%	6.7%
Net margin	13.8%	8.9%	12.6%	13.8%	-9.2%	-61.5%	-2.8%	26.4%
Current ratio	0.54×	0.42×	0.5×	0.98×	1.19×	0.98×	1.2×	0.45×
Debt / equity	0.17×	0.27×	0.33×	0.4×	0.64×	0.56×	0.43×	0.45×
Interest coverage	7.2×	6.66×	4.38×	4.47×	0.01×	-2.65×	0.45×	0.86×
Dividend yield	0.6%	0.3%	0.4%	0.0%	0.0%	0.9%	3.5%	0.0%
Payout ratio	13.1%	22.8%	18.0%	0.0%	0.0%	-5.0%	-130.3%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.9%	5.8%	8.0%	10.1%	-4.6%	-15.8%	-1.6%	17.2%
Return on invested capital	8.4%	8.4%	6.6%	8.1%	0.0%	-6.3%	1.4%	2.6%
Return on assets	6.9%	4.1%	5.6%	6.6%	-2.6%	-9.2%	-1.0%	10.8%
Free cash flow yield	5.6%	1.1%	0.6%	5.0%	2.1%	-6.1%	6.9%	-1.9%
Earnings yield	4.6%	1.5%	2.3%	3.9%	-1.8%	-17.5%	-2.7%	11.1%
Enterprise value	₹15.8B	₹27.8B	₹23.8B	₹16.1B	₹13.8B	₹6.4B	₹4.9B	₹10.4B
Net debt / EBITDA	0.88×	1.54×	1.79×	1.63×	8.38×	-9.24×	4.05×	1.38×
Cash conversion cycle (days)	-26	-43	-14	-29	-18	-52	33	19