Nuggets of a Neophile

Disclaimer:  This blog is  not   intended to provide  any form of investment advice   and is strictly for personal and academic goals of reinforcing learning. My intention is to summarize my readings for the day, and some of the facts I found most interesting. You can understand more about this concept in  this video . You can find the links to all articles cited hyperlinked within the article! FY'26 : A STORY OF GREAT INCONSISTENCIES This quarter IHCL achieved more than 80% occupancy in the city of dreams, Mumbai. Kolkata stood at 83%, and EBIDTA jumped 16%! Sounds like an absolute dream until one realizes that the RevPAR grew by a sad 2% figure, begging the question of what really happened here. Yet, this question wouldn't be so difficult to answer. Against the backdrop of a Pahalgam attack, fierce retaliation from the Indian military via Operation Sindoor, a full blown warfare between Iran and Israel, and mysterious flight crashes across multiple airline...

Disclaimer:  This blog is  not   intended to provide  any form of investment advice   and is strictly for personal and academic goals of reinforcing learning. My intention is to summarize my readings for the day, and some of the facts I found most interesting. You can understand more about this concept in  this video . You can find the links to all articles cited hyperlinked within the article! IHCL'S SEPTEMBER 2025 CONCALL ANALYSIS ! This article intends to answer 2 basic questions: 1) IHCL has invested 204 crores into Clarke Hotels and Resorts at a 12X EBIDTA valuation. Why? 2) How will this 204 CR be put to use? WHY INVEST INTO CLARKE HOTELS? One word: Ginger! MID MARKET HOTELS Ginger is IHCL's very own lean luxe segment. Lean luxe segment is the mid market hotels, which are classy and business chic. If you read our previous post , you'd know that several Tier 2 and Tier 3 cities in India are experiencing strong digital penetration, and a hybrid work cul...

Disclaimer:  This blog is  not   intended to provide  any form of investment advice   and is strictly for personal and academic goals of reinforcing learning. My intention is to summarize my readings for the day, and some of the facts I found most interesting. You can understand more about this concept in  this video . You can find the links to all articles cited hyperlinked within the article! IHCL'S ANNUAL REPORT FOR FY25  - MDA ! This article intends to answer 3 basic questions: 1) How was 2024 for business, particularly those in hospitality? 2) How does the report assess the outlook for 2025, and how accurate does their prediction stand today? 3) Some fun facts on how hotel operations work! HOW WAS 2024 FOR BUSINESS, PARTICULARLY HOTELS  The FY25 Annual Report highlights 2024 as a year of transition , moving away from crisis management and into rebalance and recovery. Globally, there was a strong impetus in consumer spending, and business inve...

Disclaimer:  This blog is not intended to provide any form of investment advise and is strictly for personal and academic goals of reinforcing learning. My intention is to summarize my readings for the day, and some of the facts I found most interesting. You can understand more about this concept in  this video . You can find the links to all articles cited hyperlinked within the article! IHCL'S INITIATING COVERAGE REPORT 2022 BY AXIS SECURITIES ! This article intends to answer 3 basic questions: 1) What about IHCLs operations (or predicted operations) makes it the biggest hotel chain in the country? 2) How do I compare IHCL's operations with Lemon Tree's? 3) What are some leading current affairs that will affect their business in a big way? WHAT IS IHCL AND WHAT MAKES IT SO BIG? The Indian Hotel Companies Limited (IHCL) hotel chain is the largest hotel chain in the country. It operates in the luxury, upscale and lean luxe segment. The lean luxe segment was coined by the...

  Disclaimer:  This blog is not intended to provide any investment advise and is strictly for personal and academic goals of reinforcing learning. My intention is to summarize my readings for the day, and some of the facts I found most interesting. You can understand more about this concept in  this video . You can find the links to all articles cited hyperlinked within the article! LEMON TREE'S EARNINGS CALL REPORT - Q1 2025! Where is the hotel industry of India headed? The hospitality industry is one sector that gets a lot of clout in capital market discussions, mostly because its natural trajectory can reveal a lot of stories about the underlying health of the economy. Take for example, the statistics provided by Mr Patanjali Keswani , the current MD of the Lemon Tree group, who says that the single biggest market in India will be of the 2-3 star unbranded hotel sector. He says the Indian government is placing shrude focus on highway construction, growth in airlines a...

Disclaimer:  This blog is not intended to provide any investment advise and is strictly for personal goals of reinforcing learning :) My intention is to summarize my readings for the day, and some of the facts I found most interesting. You can understand more about this concept in  this video . You can find the links to all articles cited hyperlinked within the article! LEMON TREE'S EARNINGS CALL REPORT - Q1 2025! Today's reading largely focussed on Lemon Tree , a hospitality chain based in India who largely cater to the economic and midscale market segments . They do have a few offerings to the premium segments as well, and their concall gave a fresh perspective into their growth prospects in India! STRATEGIC STRENGTHS OF Q1 1) Not holding back on CapEx The concalls clearly seemed to reflect a planned focus towards maximizing capital expenditures . Unlike Hilton's case, Lemon Tree has a large number of asset heavy hotel chains that is owned and operated by the company. Ho...