Chalet Hotels Ltd

Chalet Hotels Ltd

Next 500 2024
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OVERVIEW
FINANCIALS
NEWS

About

Chalet Hotels, part of the K Raheja Corp Group, owns, develops, manages, and operates hotels and hotel-led mixed-use developments in India. Its portfolio currently includes 11 operational hotels, ranging from mainstream and luxury segments to commercial spaces. Marriott International and The Accor operate most of its projects, such as the JW Marriott Mumbai Sahar, The Westin in Hyderabad and Mumbai, and Novotel in Pune. Chalet’s operational hotels are found in Mumbai, Delhi, Hyderabad, Bangalore, Pune, and Rishikesh, while those in the pipeline are planned for Navi Mumbai and Khandala as well. Under the leadership of Sanjay Sethi, Chalet Hotels was ranked 40th under the small and medium workplace category in Asia by APAC in 2021.

Incorporation Year: 1986
Headquarters: Mumbai
Top Management: Sanjay Sethi
Industry: Hospitality

Featured In Fortune India Ranking

Next 500 India
#500(2024)#256(2021)#308(2020)#286(2019)#372(2018)
#500(2024)#256(2021)#308(2020)#286(2019)#372(2018)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
1,437
(INR Cr)
Net Operating Income
1,417
(INR Cr)
Assets
4,938
(INR Cr)
Profit
278
(INR Cr)
Net Worth
1,851
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS202420232022202120202019201820172016201520142013201220102009
Revenue
(INR Cr)
1437
16.0%
1239
133.3%
531
72.7%
308
-69.4%
1006
-0.4%
1011
14.6%
882
-4.6%
925
54.7%
598
27.9%
467
-12.6%
535
36.7%
391
6.3%
368
48.2%
248
17.0%
212
-
Net Operating Income
(INR Cr)
1417
25.59%
1128
122.22%
508
77.82%
286
-70.88%
981
-0.64%
987
24.09%
796
7.89%
737
26.59%
582
31.94%
441
-11.91%
501
0.00%
391
6.34%
368
0.00%
213
3.10%
207
0.00%
Profit
(INR Cr)
278
51.7%
183
-
-82
-
-139
-
103
-
-8
-
-93
-
127
-
-112
-
-126
-
-109
-
27
629.7%
4
-60.7%
9
-42.1%
16
-
Assets
(INR Cr)
4938
11.1%
4444
11.8%
3976
13.2%
3512
0.4%
3497
16.1%
3013
-7.1%
3243
3.8%
3123
8.5%
2879
6.2%
2711
11.8%
2425
23.3%
1966
12.1%
1755
50.6%
1165
10.9%
1050
-
Net Worth
(INR Cr)
1851
20.1%
1542
15.0%
1341
-5.3%
1416
-8.9%
1555
9.3%
1423
187.1%
496
6.1%
467
-9.7%
517
-18.2%
632
-4.3%
661
0.0%
477
5.9%
450
0.0%
436
2.2%
426
0.0%
Employee Cost
(INR Cr)
195
28.8%
151
51.1%
100
11.9%
89
-41.1%
152
4.7%
145
13.0%
128
7.8%
119
11.4%
107
23.8%
86
26.8%
68
-
0
-
0
-
79
86.1%
42
-
Interest Cost
(INR Cr)
1971541441521462662122182161611371451003432
Cash & Bank Balance
(INR Cr)
132122100461288332333532102141181133
Total Debt
(INR Cr)
2805266724221939179114942709263623512072175914091228659554

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS202420232022202120202019201820172016201520142013201220102009
Profit As % Of Revenues 19.4%14.8%--10.2%--13.8%---6.8%1.0%3.7%7.6%
Profit As % Of Assets 5.6%4.1%--2.9%--4.1%---1.4%0.2%0.8%1.5%
Profit As % Of Networth 15.0%11.9%--6.6%--27.3%---5.6%0.8%2.1%3.8%
Interest Cost to EBITDA % 33.6%35.6%165.1%-44.0%84.3%172.3%92.0%161.6%287.1%618.0%54.5%64.6%77.1%48.8%
Debt to Equity Ratio 1.521.731.811.371.151.055.475.644.553.282.662.962.731.511.30
RONW 16.4%10.9%--6.7%--0.8%---5.7%0.8%2.2%3.8%
ROCE 9.9%9.1%0.0%-2.8%7.6%8.0%5.6%5.8%1.8%0.8%3.0%10.5%6.5%4.3%5.9%