Annual reportSep 2026
Sep 2026 · Shareholders meeting 28 Aug - Annual report FY2025-26 filed; 15th AGM on 25 September 2026 via VC/OAVM.
Source: Nse
Grand Continent Hotels Ltd. (GCHOTELS)
SME CapConsumer stocks · SME cap · NSE
Founded in 2011, Grand Continent Hotels Ltd. (GCHOTELS) operates 29 hotels with 1769 keys across 3 countries (India, USA, Dubai) as of FY26. Positioned in the mid-scale segment, it follows an asset-light, lease-based strategy, scaling through franchise partnerships with established brands and its own brand model.
₹105.55
-7.80 · -6.88%
Market cap ₹282 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:56 pm ISTDetails
Quote19 Oct, 05:56 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result23 May, 12:48 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
42NeutralSMA20 +17.8% / mo · MACD − · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 47
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GCHOTELSD candles · FIT view+5.3%Latest close ₹105.55 on 2026-10-19
Bar
-3.2%
RSI
43
MACD hist
-1.66
52W pos
21%
2026-10-19O ₹109.00H ₹109.00L ₹103.00C ₹105.55Vol 40,800 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GCHOTELSNifty Consumer DurablesNifty 500
- GCHOTELS
- -5.7%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- -0.1 pp
Chart stats
19 Oct 2026- From 52W high
- -54.5%
- 52W range position
- 19%
- ATR (14)
- 7.9%
- Volume vs 20D
- 0.80x
- Avg traded value
- ₹0.6 Cr
- 20D price channel
- ₹103 - ₹135.5
₹232
₹76.5 - ₹232
₹8.4
Latest completed session
20-session average
66.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST41
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good72
Revenue +431.3% · PAT +400.0% YoY
Technical
Neutral42
Price trend and sector-relative-strength timing.
Valuation
Legacy model+36.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence59
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Good · 72/100Rev +431% YoY · PAT +400% YoY · +52% QoQ · margin compression
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹85 Cr | +431.3% | +51.8% |
| EBITDA | ₹15 Cr | NDF | +200.0% |
| Operating margin | 17.0% | NDF | +800 bps |
| PAT | ₹10 Cr | +400.0% | +400.0% |
| PAT margin | 11.8% | NDF | +819 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 22.80
- P/B
- 2.36
- EV/EBITDA
- 12.76
- Market Cap
- 282.00Cr
Profitability
- ROE
- 11.00%
- ROCE
- 12.00%
- ROA
- 6.52%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 120.17%
- EPS 5Y
- 128.94%
- Revenue 3Y
- 103.00%
- EPS 3Y
- 129.00%
Balance Sheet
- Debt/Equity
- 0.31
- Interest Coverage
- 6.67×
- Altman Z
- 4.68
- Book Value
- 47.90
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -18.00 Cr
- EPS TTM
- 4.98
Shareholding
- Promoter Hold
- 54.93%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 26%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 85.0+51.8% vs prev
Net Profit
₹ CrLatest: 10.0+400.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 43.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~15.1% over last month) — short-term momentum positive.
- RSI(14) at 43 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 51% off 52W high · 38% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
22
RS percentile
Stage 1 Base / Transition
1M return
-8.3%
3M return
-5.7%
6M return
+1.6%
1Y return
-48.9%
RS 1D
-5
RS 20D
-7
Sector rank
#9
Industry rank
#53
Stage evidence
- Price is within 1.7% of the 30-week proxy.
- The 30-week proxy changed +1.8% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
259 observations
19 Oct 2026Value 57.26-5.92%
RS vs Nifty 50057
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation7/30
Growth23/25
Quality3/20
Balance Sheet8/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
-3
Raw sum
41
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
41/100 · legacy band WATCHLIST
Positive drivers
- Fair-value margin of safety is positive at 36.4%.
- Growth contributes 23/25 to the score.
- Balance sheet contributes 8/15 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
- Quality is weaker at 3/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
22.8
PB
2.4
EV/EBITDA
12.8
ROE
11.0%
ROCE
12.0%
FCF Yield
—
Debt/Equity
0.3
MoS
+36.4%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
41
Previous: 41
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+36.4%
Previous: +36.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
41
41
41
41
41
41
41
41
41
41
41
41
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹73.26
-44.1% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹165.83
+36.4% MoS
PEG
0.18
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SUBAHOTELS
SME
Suba Hotels Ltd.
Hospitality
match 155
72
12.2
19.4%
+63%
UNDERVALUED
RHL
Small
Robust Hotels Limited
Hospitality
match 152
67
10.7
3.5%
+69%
UNDERVALUED
GRAVISSHO
Small
Graviss Hospitality Limited
Hospitality
match 151
36
54.2
1.6%
-62%
WATCHLIST
AHLEAST
Small
Asian Hotels (East) Limited
Hospitality
match 151
30
20.6
-3.1%
+48%
OVERVALUED
SAJHOTELS
SME
Saj Hotels Ltd.
Hospitality
match 151
54
15.8
2.4%
+51%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-08-16T12:11:43.591Z
Management commentary snapshot
GCHOTELS reports strong H2 FY26 with 108% YoY revenue growth to ₹84.83 Cr and 136% YoY Adjusted EBITDA growth to ₹21.48 Cr. Full-year FY26 revenue grew 94% YoY to ₹140.53 Cr, but PAT saw a 13% YoY decline due to GST regime change impact.
While revenue and EBITDA growth are robust, the significant PAT decline in FY26 and the adverse impact of the GST regime change on margins raise concerns. Management's plan to mitigate GST impact in FY27 needs close monitoring. Asset-light expansion is positive, but profitability needs to catch up.
Current business mix
Segment Revenue Share (FY26)
Latest issuer-disclosed distribution across 4 reported categories.
Mid-priced59.0%
Upper Mid-Priced37.0%
Economy3.0%
Entry Luxury1.0%
Growth engines
Asset-Light Strategy
Enables rapid property launches (3-6 months), high ROCE, and faster payback (break-even within 24 months) with launch cost per room ₹7-8 lakhs.
Dual Operating Model
Combines franchise partnerships with established brands (Regenta, Golden Tulip) for visibility and own brand model for scaling and operational learnings.
International Expansion
Expanded into USA and Dubai in H2 FY26, marking a pivotal milestone in global growth.
Mid-Scale Segment Focus
Mid-value hotels lead market share (35%) and occupancy (72%), driven by demand for affordable comfort in Tier 2/3 cities.
Capacity and execution
Total Properties & Keys Added
Added 9 new hotels in FY26, increasing total properties from 20 (FY25) to 29 (FY26). Total keys grew from 956 (FY25) to 1769 (FY26).
International Market Entry
Opened business in the USA market through a lease-model entry of 3 properties, totaling 366 keys under Holiday Inn, Comfort Suites & Ramada flags.
Luxury Segment Entry
Launched the 25th property in Udaipur, marking the company's first entry into the luxury collection.
Tailwinds
Booming Hospitality Sector
India’s hospitality sector is booming in 2025, building on 2024’s strong base amid global uncertainties, backed by 6.5% GDP growth and rising domestic demand.
Event-Driven Demand
Major events like Maha Kumbh, international concerts, and destination weddings are reshaping travel, with hotel occupancy expected at 68–70% and ARRs above ₹9,000.
Domestic Market Strength
Strong domestic travel, especially in Tier-2 and Tier-3 cities, is driving double-digit RevPAR growth and broadening the tourism landscape.
Mid-Value Hotel Growth
Mid-value hotels make up 35% of the market and have the highest occupancy rate at 72%, driven by value-conscious travelers.
Headwinds
GST Regime Change Impact
GST regime change at the end of Sep’25 caused a 'huge dent' to margins, impacting India operations in H2 FY26.
Risk radar
Profitability Impact from GST
The GST regime change significantly impacted margins, leading to a 13% YoY decline in PAT for FY26 despite strong revenue growth.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
The presentation provides both half-yearly (H2 FY26 vs H2 FY25 and H2 FY26 vs H1 FY26) and full-year (FY26 vs FY25) comparisons. YoY is crucial for assessing annual growth and overcoming seasonality, while QoQ (H2 vs H1) indicates sequential momentum and the impact of recent operational changes like new property additions and GST regime change.
Sector KPIs management disclosed
Revenue from Operations
H2 FY26: ₹84.83 Cr (+108% YoY); FY26: ₹140.53 Cr (+94% YoY)
Adjusted EBITDA
H2 FY26: ₹21.48 Cr (+136% YoY); FY26: ₹27.96 Cr (+41% YoY)
PAT
H2 FY26: ₹10.10 Cr (+129% YoY); FY26: ₹12.41 Cr (-13% YoY)
Occupancy Rate (India Total)
FY26: 68%; FY25: 61%
Management forward view
Key Expansion Target
Well on path to deliver the 3000 key mark by 2028.
FY27 Strategic Focus
FY27 will be a year of focused growth in North and West India, management contract programs, increased profitability, improved operating processes and upgrading guest experiences.
Business Mix Optimization
Adopt strategy to attain Business : Leisure : Spiritual mix of 60:15:25.
Workforce Diversity Goal
Aims to improve male : female employee ratio to 3 : 1 by end of FY27.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Adjusted EBITDA Margin | 20% (FY26, adjusted) | Reduction of GST impact in FY27 |
| Total Keys | 1769 (FY26) | Progress towards 3000 keys by FY28 |
| Geographical Expansion | India, USA, Dubai | Expansion in North & West India, USA, UAE |
| Business Mix (Business:Leisure:Spiritual) | India FY26: Business 72%, Leisure 17%, Spiritual 11% | Attainment of 60:15:25 mix |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
59Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 25th percentile of the scored universe and 26th percentile within Consumer. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
7 docs text-extracted · 3 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
25th percentile
overall median 67 · Consumer: 26th pctile, median 66 · SME: 27th pctile, median 64
Evidence depth
Financial-only
7 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
58
watch · capital discipline
Results
45
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
Trust risks
- ▸Operating cash flow is negative at ₹-18 Cr.
- ▸Only 0 years of positive FCF.
- ▸ROCE trend is -4.3%.
- ▸OPM spread across recent quarters is 25%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Grand Continent Hotels Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Investor presentationMay 2026
May 2026 · PPT
Source: Nse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Nse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Investor presentationNov 2025
Nov 2025 · PPT
Source: Nse
Concall transcriptNov 2025
Nov 2025 · Transcript
Source: Nse
Investor presentationJul 2025
Jul 2025 · PPT
Source: Nse
Concall transcriptJul 2025
Jul 2025 · Transcript
Source: Nse
Investor presentationJun 2025
Jun 2025 · PPT
Source: Nse
Investor presentationMar 2025
Mar 2025 · PPT
Source: Company Ir
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.