3 Largest Footwear Retailer, Largest Hospitality Company and Jewellery Manufacturer Stocks With a Strong Future Roadmap: Bata India, Indian Hotels Company and Sky Gold and Diamonds
- October 29, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Bata India, Indian Hotels Company and Sky Gold and Diamonds: ROE of 10.4% to 23.0% and FY22 to FY26 revenue CAGR of 10.1% to 67.9%. Prices as of 28 Oct 2026.
Quick Answer
The three footwear, hotel and jewellery maker stocks to watch are Bata India, Indian Hotels Company and Sky Gold and Diamonds. Their return on equity ranges from 10.4% to 23.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.1% to 67.9%. Sky Gold and Diamonds leads on both return on equity at 23.0% and revenue growth at 67.9% a year. Prices are based on the 28 October 2026 close, and this article is educational, not investment advice.
Footwear, hotel and jewellery maker stocks offer a focused view of a sector where demand keeps widening. Bata India, Indian Hotels Company and Sky Gold and Diamonds cover the largest footwear retailer, the largest hospitality company and a jewellery manufacturer.
This list covers three footwear, hotel and jewellery maker stocks with complete current figures: Bata India, Indian Hotels Company and Sky Gold and Diamonds. Every figure comes from the latest reported financials and the 28 October 2026 market close. Companies without complete current figures were left out.
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What Are Footwear, Hotel and Jewellery Maker Stocks?
Footwear, hotel and jewellery maker stocks are listed companies that sell footwear through a large store network, run luxury, upscale and mid market hotels, and make gold and diamond jewellery for leading retail chains and export customers. Their earnings depend on consumer spending, occupancy and festive demand.
Footwear, Hotel and Jewellery Maker Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Bata India | 660.8 | 8,187 | 56.0 | 37.0 | 10.4 | 0.87 |
| Indian Hotels Company | 805.2 | 108,181 | 46.9 | 37.9 | 16.0 | 0.22 |
| Sky Gold and Diamonds | 858.3 | 14,483 | 35.7 | 44.2 | 23.0 | 0.73 |
On valuation, Sky Gold and Diamonds trades at a P/E below the industry P/E, while Bata India and Indian Hotels Company trade above it, which reflects the growth the market already expects. Readers comparing footwear, hotel and jewellery maker stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Footwear, Hotel and Jewellery Maker Stocks Have a Strong Roadmap in India?
Footwear, hotel and jewellery maker stocks have a strong roadmap in India because rising incomes, a steady shift toward branded products and growing travel and wedding spending keep widening the market for these lifestyle companies.
- Brand pull. Trusted names support repeat buying.
- Travel demand. More guests book stays across cities.
- Festive demand. Weddings and festivals lift jewellery orders.
Why Bata India Features Among These Footwear, Hotel and Jewellery Maker Stocks
Among the footwear, hotel and jewellery maker stocks on this list, Bata India is the country’s largest footwear retailer, selling under the Bata, Hush Puppies, Power and other brands through a large network of company-owned and franchised stores.
The company has a return on equity of 10.4%, a debt to equity ratio of 0.87 and a market capitalisation of Rs 8,187 crore. The stock trades at a P/E of 56.0, above the industry P/E of 37.0.
Revenue rose from Rs 2,444 crore in FY22 to Rs 3,595 crore in FY26, a compound annual growth rate of 10.1%. Net profit grew from Rs 103 crore in FY22 to Rs 134 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 4.0% year on year to Rs 997 crore, while net profit rose 23.0% to Rs 64.0 crore.
Roadmap: The company is widening its range into sports, casual and premium footwear and adding stores in smaller towns. A trusted brand and deep retail reach support steady demand.
What to watch: Follow store additions, premium product mix and same-store sales.
Why Indian Hotels Company Features Among These Footwear, Hotel and Jewellery Maker Stocks
Among the branded lifestyle 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 Sky Gold and Diamonds Features Among These Footwear, Hotel and Jewellery Maker Stocks
Among the three companies on this list, Sky Gold and Diamonds is a Navi Mumbai-based manufacturer of gold and diamond jewellery that supplies leading jewellery retail chains and also serves export customers.
Revenue rose from Rs 796 crore in FY22 to Rs 6,331 crore in FY26, a compound annual growth rate of 67.9%. Net profit grew from Rs 133 crore in FY25 to Rs 282 crore in FY26, a rise of 112.4%.
The company has a return on equity of 23.0%, a debt to equity ratio of 0.73 and a market capitalisation of Rs 14,483 crore. The stock trades at a P/E of 35.7, below the industry P/E of 44.2.
Roadmap: The company is growing its supply to organised jewellery retailers as the market shifts toward branded jewellery. Wide design capability and large-scale manufacturing support repeat orders.
What to watch: Track retailer order flow, gold price movements and festive season demand.
Bata India vs Indian Hotels Company vs Sky Gold and Diamonds on Key Financials
The table below sets the three footwear, hotel and jewellery maker 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 |
|---|---|---|---|---|---|
| Bata India | 2,444 | 3,595 | 10.1% | 134 | 3.7% |
| Indian Hotels Company | 3,211 | 9,971 | 32.7% | 2,195 | 22.0% |
| Sky Gold and Diamonds | 796 | 6,331 | 67.9% | 282 | 4.5% |
Sky Gold and Diamonds posts the highest return on equity in this group at 23.0%. Indian Hotels Company has the largest FY26 revenue at Rs 9,971 crore, and Sky Gold and Diamonds shows the fastest revenue growth with a 67.9% compound annual rate. A useful habit with footwear, hotel and jewellery maker stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Footwear, Hotel and Jewellery Maker Stocks
Every theme carries risks that deserve a check before any decision. For these footwear, hotel and jewellery maker stocks, the main points are: Long-term branded lifestyle 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 footwear, hotel and jewellery maker stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Footwear, Hotel and Jewellery Maker Stocks
Footwear, hotel and jewellery maker stocks reward patient research into demand, execution and financial strength. Bata India, Indian Hotels Company and Sky Gold and Diamonds each have a clear plan to grow. Based on the 28 October 2026 close, Bata India trades at Rs 660.8, Indian Hotels Company at Rs 805.2 and Sky Gold and Diamonds at Rs 858.3. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these footwear, hotel and jewellery maker stocks to a watchlist.
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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 footwear, hotel and jewellery maker stocks?
Ans. Footwear, hotel and jewellery maker stocks are listed companies that sell footwear through a large store network, run luxury, upscale and mid market hotels, and make gold and diamond jewellery for leading retail chains and export customers. Their earnings depend on consumer spending, occupancy and festive demand. This list looks at three of them, Bata India, Indian Hotels Company and Sky Gold and Diamonds, using reported FY22 to FY26 financials and the 28 October 2026 closing prices.
Which footwear, hotel and jewellery maker stocks are covered in this list?
Ans. This list covers Bata India, Indian Hotels Company and Sky Gold and Diamonds. Based on the 28 October 2026 close, Bata India traded at Rs 660.8, Indian Hotels Company at Rs 805.2 and Sky Gold and Diamonds at Rs 858.3. Their return on equity ranges from 10.4% to 23.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.1% to 67.9%.
Why do footwear, hotel and jewellery maker stocks have a strong future roadmap in India?
Ans. Footwear, hotel and jewellery maker stocks have a strong roadmap in India because rising incomes, a steady shift toward branded products and growing travel and wedding spending keep widening the market for these lifestyle companies. The main drivers are as follows. Brand pull. Trusted names support repeat buying. Travel demand. More guests book stays across cities. Festive demand. Weddings and festivals lift jewellery orders. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Bata India performed financially?
Ans. Revenue rose from Rs 2,444 crore in FY22 to Rs 3,595 crore in FY26, a compound annual growth rate of 10.1%. Net profit grew from Rs 103 crore in FY22 to Rs 134 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 4.0% year on year to Rs 997 crore, while net profit rose 23.0% to Rs 64.0 crore. The company has a return on equity of 10.4%, a debt to equity ratio of 0.87 and a market capitalisation of Rs 8,187 crore. The stock trades at a P/E of 56.0, above the industry P/E of 37.0. Looking ahead, the company is widening its range into sports, casual and premium footwear and adding stores in smaller towns. A trusted brand and deep retail reach support steady demand.
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 Sky Gold and Diamonds performed financially?
Ans. Revenue rose from Rs 796 crore in FY22 to Rs 6,331 crore in FY26, a compound annual growth rate of 67.9%. Net profit grew from Rs 133 crore in FY25 to Rs 282 crore in FY26, a rise of 112.4%. The company has a return on equity of 23.0%, a debt to equity ratio of 0.73 and a market capitalisation of Rs 14,483 crore. The stock trades at a P/E of 35.7, below the industry P/E of 44.2. Looking ahead, the company is growing its supply to organised jewellery retailers as the market shifts toward branded jewellery. Wide design capability and large-scale manufacturing support repeat orders.
What risks should investors check before buying footwear, hotel and jewellery maker stocks?
Ans. Investors should check a few risks before buying footwear, hotel and jewellery maker 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 footwear, hotel and jewellery maker stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 28 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.
