3 Gold and Diamond Jewellery Retailer, Largest Hospitality Company and Air Conditioning and Cooling Company Stocks With a Strong Future Roadmap: Senco Gold, Indian Hotels Company and Blue Star
- October 30, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Senco Gold, Indian Hotels Company and Blue Star: ROE of 15.4% to 22.9% and FY22 to FY26 revenue CAGR of 19.6% to 32.7%. Prices as of 29 Oct 2026.
Quick Answer
The three jewellery, hospitality and cooling stocks to watch are Senco Gold, Indian Hotels Company and Blue Star. Their return on equity ranges from 15.4% to 22.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 19.6% to 32.7%. Senco Gold has the highest return on equity at 22.9%, while Indian Hotels Company has the fastest revenue growth at 32.7% a year. Prices are based on the 29 October 2026 close, and this article is educational, not investment advice.
Jewellery, hospitality and cooling stocks offer a focused view of a sector where demand keeps widening. Senco Gold, Indian Hotels Company and Blue Star cover a gold and diamond jewellery retailer, the largest hospitality company and an air conditioning and cooling company.
This list covers three jewellery, hospitality and cooling stocks with complete current figures: Senco Gold, Indian Hotels Company and Blue Star. Every figure comes from the latest reported financials and the 29 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Jewellery, Hospitality and Cooling Stocks?
Jewellery, hospitality and cooling stocks are listed companies that sell jewellery through a large showroom network, run luxury and mid market hotels and resorts and make room air conditioners and commercial cooling products. Their earnings depend on festive demand, travel and summer sales.
Jewellery, Hospitality and Cooling Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Senco Gold | 303.25 | 5,063 | 8.9 | 44.3 | 22.9 | 1.07 |
| Indian Hotels Company | 810 | 108,181 | 46.9 | 37.9 | 16.0 | 0.22 |
| Blue Star | 1,673 | 32,243 | 63.3 | 43.1 | 15.4 | 0.24 |
On valuation, Senco Gold trades at a P/E below the industry P/E, while Indian Hotels Company and Blue Star trade above it, which reflects the growth the market already expects. Readers comparing jewellery, hospitality and cooling stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Jewellery, Hospitality and Cooling Stocks Have a Strong Roadmap in India?
Jewellery, hospitality and cooling stocks have a strong roadmap in India because rising incomes, growing leisure travel and wider use of cooling at homes and offices keep widening the market for these consumer facing companies.
- Festive buying. Weddings and holidays support jewellery sales.
- Travel growth. Occupancy rises with leisure and business trips.
- Cooling demand. Warmer summers lift air conditioner use.
Why Senco Gold Features Among These Jewellery, Hospitality and Cooling Stocks
Among the jewellery, hospitality and cooling stocks on this list, Senco Gold & Diamonds is a Kolkata-based jewellery retailer with a large network of owned and franchise showrooms, selling gold, diamond and silver jewellery across many states.
The company has a return on equity of 22.9%, a debt to equity ratio of 1.07 and a market capitalisation of Rs 5,063 crore. The stock trades at a P/E of 8.9, below the industry P/E of 44.3.
Revenue rose from Rs 3,547 crore in FY22 to Rs 8,510 crore in FY26, a compound annual growth rate of 24.5%. Net profit grew from Rs 129 crore in FY22 to Rs 574 crore in FY26, which works out to a compound annual growth rate of 45.2%.
Roadmap: The company is expanding in southern and western India and growing its studded and lightweight jewellery ranges. Its long heritage in eastern India gives it a loyal customer base.
What to watch: Track showroom additions, studded jewellery share and gold price trends.
Why Indian Hotels Company Features Among These Jewellery, Hospitality and Cooling Stocks
Among the festive and summer shares on this list, Indian Hotels Company is India’s largest hospitality company and part of the Tata Group, operating luxury, upscale and mid-market hotels and resorts under Taj, SeleQtions, Vivanta and Ginger, along with a food, dining and residences business.
Revenue rose from Rs 3,211 crore in FY22 to Rs 9,971 crore in FY26, a compound annual growth rate of 32.7%. Net profit grew from Rs 971 crore in FY23 to Rs 2,195 crore in FY26, which works out to a compound annual growth rate of 31.2%.
In the June 2026 quarter, revenue grew 15.1% year on year to Rs 2,419 crore, while net profit rose 22.4% to Rs 391 crore. The company has a return on equity of 16.0%, a debt to equity ratio of 0.22 and a market capitalisation of Rs 108,181 crore. The stock trades at a P/E of 46.9, above the industry P/E of 37.9.
Roadmap: The company is growing mainly through management contracts and new signings, which add rooms without heavy capital outlay. Its strong brands, a pipeline of new hotels and rising travel and event demand support growth in occupancy and room rates.
What to watch: Track new room signings and openings and the pace of growth in its newer brands.
Why Blue Star Features Among These Jewellery, Hospitality and Cooling Stocks
Among the three companies on this list, Blue Star is an air conditioning and commercial refrigeration company that sells room air conditioners, cooling products and electro-mechanical projects across India.
In the June 2026 quarter, revenue grew 13.4% year on year to Rs 3,399 crore. Revenue rose from Rs 6,100 crore in FY22 to Rs 12,464 crore in FY26, a compound annual growth rate of 19.6%.
Net profit grew from Rs 168 crore in FY22 to Rs 527 crore in FY26, which works out to a compound annual growth rate of 33.1%. The company has a return on equity of 15.4%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 32,243 crore. The stock trades at a P/E of 63.3, above the industry P/E of 43.1.
Roadmap: The company benefits from rising air conditioner penetration, growth in commercial buildings and expansion of cold chain. A wide service network and trusted brand support market share.
What to watch: Track room air conditioner volumes, commercial cooling orders and project execution.
Senco Gold vs Indian Hotels Company vs Blue Star on Key Financials
The table below sets the three jewellery, hospitality and cooling stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Senco Gold | 3,547 | 8,510 | 24.5% | 574 | 6.7% |
| Indian Hotels Company | 3,211 | 9,971 | 32.7% | 2,195 | 22.0% |
| Blue Star | 6,100 | 12,464 | 19.6% | 527 | 4.2% |
Senco Gold posts the highest return on equity in this group at 22.9%. Blue Star has the largest FY26 revenue at Rs 12,464 crore, and Indian Hotels Company shows the fastest revenue growth with a 32.7% compound annual rate. A useful habit with jewellery, hospitality and cooling stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Jewellery, Hospitality and Cooling Stocks
Every theme carries risks that deserve a check before any decision. For these jewellery, hospitality and cooling stocks, the main points are: Long-term festive and summer shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Consumer spending. Sales follow festivals, incomes and consumer mood.
- Travel cycles. Bookings and occupancy follow travel demand.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter jewellery, hospitality and cooling stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Jewellery, Hospitality and Cooling Stocks
Jewellery, hospitality and cooling stocks reward patient research into demand, execution and financial strength. Senco Gold, Indian Hotels Company and Blue Star each have a clear plan to grow. Based on the 29 October 2026 close, Senco Gold trades at Rs 303.25, Indian Hotels Company at Rs 810 and Blue Star at Rs 1,673.
Download the Univest iOS App or Univest Android App to track jewellery, hospitality and cooling stocks, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are jewellery, hospitality and cooling stocks?
Ans. Jewellery, hospitality and cooling stocks are listed companies that sell jewellery through a large showroom network, run luxury and mid market hotels and resorts and make room air conditioners and commercial cooling products. Their earnings depend on festive demand, travel and summer sales. This list looks at three of them, Senco Gold, Indian Hotels Company and Blue Star, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.
Which jewellery, hospitality and cooling stocks are covered in this list?
Ans. This list covers Senco Gold, Indian Hotels Company and Blue Star. Based on the 29 October 2026 close, Senco Gold traded at Rs 303.25, Indian Hotels Company at Rs 810 and Blue Star at Rs 1,673. Their return on equity ranges from 15.4% to 22.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 19.6% to 32.7%.
Why do jewellery, hospitality and cooling stocks have a strong future roadmap in India?
Ans. Jewellery, hospitality and cooling stocks have a strong roadmap in India because rising incomes, growing leisure travel and wider use of cooling at homes and offices keep widening the market for these consumer facing companies. The main drivers are as follows. Festive buying. Weddings and holidays support jewellery sales. Travel growth. Occupancy rises with leisure and business trips. Cooling demand. Warmer summers lift air conditioner use. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Senco Gold performed financially?
Ans. Revenue rose from Rs 3,547 crore in FY22 to Rs 8,510 crore in FY26, a compound annual growth rate of 24.5%. Net profit grew from Rs 129 crore in FY22 to Rs 574 crore in FY26, which works out to a compound annual growth rate of 45.2%. The company has a return on equity of 22.9%, a debt to equity ratio of 1.07 and a market capitalisation of Rs 5,063 crore. The stock trades at a P/E of 8.9, below the industry P/E of 44.3. Looking ahead, the company is expanding in southern and western India and growing its studded and lightweight jewellery ranges. Its long heritage in eastern India gives it a loyal customer base.
How has Indian Hotels Company performed financially?
Ans. Revenue rose from Rs 3,211 crore in FY22 to Rs 9,971 crore in FY26, a compound annual growth rate of 32.7%. Net profit grew from Rs 971 crore in FY23 to Rs 2,195 crore in FY26, which works out to a compound annual growth rate of 31.2%. In the June 2026 quarter, revenue grew 15.1% year on year to Rs 2,419 crore, while net profit rose 22.4% to Rs 391 crore. The company has a return on equity of 16.0%, a debt to equity ratio of 0.22 and a market capitalisation of Rs 108,181 crore. The stock trades at a P/E of 46.9, above the industry P/E of 37.9. Looking ahead, the company is growing mainly through management contracts and new signings, which add rooms without heavy capital outlay. Its strong brands, a pipeline of new hotels and rising travel and event demand support growth in occupancy and room rates.
How has Blue Star performed financially?
Ans. Revenue rose from Rs 6,100 crore in FY22 to Rs 12,464 crore in FY26, a compound annual growth rate of 19.6%. Net profit grew from Rs 168 crore in FY22 to Rs 527 crore in FY26, which works out to a compound annual growth rate of 33.1%. In the June 2026 quarter, revenue grew 13.4% year on year to Rs 3,399 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 32,243 crore. The stock trades at a P/E of 63.3, above the industry P/E of 43.1. Looking ahead, the company benefits from rising air conditioner penetration, growth in commercial buildings and expansion of cold chain. A wide service network and trusted brand support market share.
What risks should investors check before buying jewellery, hospitality and cooling stocks?
Ans. Investors should check a few risks before buying jewellery, hospitality and cooling stocks. Consumer spending. Sales follow festivals, incomes and consumer mood. Travel cycles. Bookings and occupancy follow travel demand. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of jewellery, hospitality and cooling stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 29 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
