{"id":334787,"date":"2026-11-02T14:27:05","date_gmt":"2026-11-02T08:57:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=334787"},"modified":"2026-11-02T14:27:05","modified_gmt":"2026-11-02T08:57:05","slug":"largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/","title":{"rendered":"3 Largest Hospitality Company, Footwear Retailer and Jewellery Retail Chain Stocks With a Strong Future Roadmap: Indian Hotels Company, Metro Brands and PN Gadgil Jewellers"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Indian Hotels Company, Metro Brands and PN Gadgil Jewellers: ROE of 16.0% to 20.9% and FY22 to FY26 revenue CAGR of 20.6% to 43.0%. Prices as of 30 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E84;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three hotel, footwear and jewellery retail stocks to watch are Indian Hotels Company, Metro Brands and PN Gadgil Jewellers. Their return on equity ranges from 16.0% to 20.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 20.6% to 43.0%. PN Gadgil Jewellers leads on both return on equity at 20.9% and revenue growth at 43.0% a year. Prices are based on the 30 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Hotel, footwear and jewellery retail stocks let investors follow companies that serve a growing part of the Indian economy. Indian Hotels Company, Metro Brands and PN Gadgil Jewellers cover the largest hospitality company, a footwear retailer and a jewellery retail chain.<\/p>\n<p>This list covers three hotel, footwear and jewellery retail stocks with complete current figures: Indian Hotels Company, Metro Brands and PN Gadgil Jewellers. Every figure comes from the latest reported financials and the 30 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#What_Are_Hotel_Footwear_and_Jewellery_Retail_Stocks\" title=\"What Are Hotel, Footwear and Jewellery Retail Stocks?\">What Are Hotel, Footwear and Jewellery Retail Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Hotel_Footwear_and_Jewellery_Retail_Stocks_at_a_Glance\" title=\"Hotel, Footwear and Jewellery Retail Stocks at a Glance\">Hotel, Footwear and Jewellery Retail Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Why_Do_Hotel_Footwear_and_Jewellery_Retail_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Hotel, Footwear and Jewellery Retail Stocks Have a Strong Roadmap in India?\">Why Do Hotel, Footwear and Jewellery Retail Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Why_Indian_Hotels_Company_Features_Among_These_Hotel_Footwear_and_Jewellery_Retail_Stocks\" title=\"Why Indian Hotels Company Features Among These Hotel, Footwear and Jewellery Retail Stocks\">Why Indian Hotels Company Features Among These Hotel, Footwear and Jewellery Retail Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Why_Metro_Brands_Features_Among_These_Hotel_Footwear_and_Jewellery_Retail_Stocks\" title=\"Why Metro Brands Features Among These Hotel, Footwear and Jewellery Retail Stocks\">Why Metro Brands Features Among These Hotel, Footwear and Jewellery Retail Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Why_PN_Gadgil_Jewellers_Features_Among_These_Hotel_Footwear_and_Jewellery_Retail_Stocks\" title=\"Why PN Gadgil Jewellers Features Among These Hotel, Footwear and Jewellery Retail Stocks\">Why PN Gadgil Jewellers Features Among These Hotel, Footwear and Jewellery Retail Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Indian_Hotels_Company_vs_Metro_Brands_vs_PN_Gadgil_Jewellers_on_Key_Financials\" title=\"Indian Hotels Company vs Metro Brands vs PN Gadgil Jewellers on Key Financials\">Indian Hotels Company vs Metro Brands vs PN Gadgil Jewellers on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Key_Risks_to_Check_Before_Investing_in_Hotel_Footwear_and_Jewellery_Retail_Stocks\" title=\"Key Risks to Check Before Investing in Hotel, Footwear and Jewellery Retail Stocks\">Key Risks to Check Before Investing in Hotel, Footwear and Jewellery Retail Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Final_Thoughts_on_Hotel_Footwear_and_Jewellery_Retail_Stocks\" title=\"Final Thoughts on Hotel, Footwear and Jewellery Retail Stocks\">Final Thoughts on Hotel, Footwear and Jewellery Retail Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#What_are_hotel_footwear_and_jewellery_retail_stocks\" title=\"What are hotel, footwear and jewellery retail stocks?\">What are hotel, footwear and jewellery retail stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Which_hotel_footwear_and_jewellery_retail_stocks_are_covered_in_this_list\" title=\"Which hotel, footwear and jewellery retail stocks are covered in this list?\">Which hotel, footwear and jewellery retail stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Why_do_hotel_footwear_and_jewellery_retail_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do hotel, footwear and jewellery retail stocks have a strong future roadmap in India?\">Why do hotel, footwear and jewellery retail stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#How_has_Indian_Hotels_Company_performed_financially\" title=\"How has Indian Hotels Company performed financially?\">How has Indian Hotels Company performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#How_has_Metro_Brands_performed_financially\" title=\"How has Metro Brands performed financially?\">How has Metro Brands performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#How_has_PN_Gadgil_Jewellers_performed_financially\" title=\"How has PN Gadgil Jewellers performed financially?\">How has PN Gadgil Jewellers performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#What_risks_should_investors_check_before_buying_hotel_footwear_and_jewellery_retail_stocks\" title=\"What risks should investors check before buying hotel, footwear and jewellery retail stocks?\">What risks should investors check before buying hotel, footwear and jewellery retail stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/largest-hospitality-company-footwear-retailer-and-jewellery-retail-chain-stocks-roadmap-outcrop-list\/#Is_this_list_of_hotel_footwear_and_jewellery_retail_stocks_investment_advice\" title=\"Is this list of hotel, footwear and jewellery retail stocks investment advice?\">Is this list of hotel, footwear and jewellery retail stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Hotel_Footwear_and_Jewellery_Retail_Stocks\"><\/span><strong>What Are Hotel, Footwear and Jewellery Retail Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hotel, footwear and jewellery retail stocks are listed companies that run luxury and mid market hotels and resorts, operate footwear stores under several brands, and sell gold, silver and diamond jewellery through stores in Maharashtra and beyond. Their earnings depend on travel, festive shopping and store sales.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hotel_Footwear_and_Jewellery_Retail_Stocks_at_a_Glance\"><\/span><strong>Hotel, Footwear and Jewellery Retail Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/indhotel\/the-indian-hotels-company-ltd-share-price-today\">Indian Hotels Company<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">811.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">108,181<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">46.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.22<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/metrobrand\/metro-brands-ltd-share-price-today\">Metro Brands<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">823.25<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23,316<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">55.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.76<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/pngjl\/pn-gadgil-jewellers-ltd-share-price-today\">PN Gadgil Jewellers<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">558.55<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8,435<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.89<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, PN Gadgil Jewellers trades at a P\/E below the industry P\/E, while Indian Hotels Company and Metro Brands trade above it, which reflects the growth the market already expects. Readers comparing hotel, footwear and jewellery retail stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Hotel_Footwear_and_Jewellery_Retail_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Hotel, Footwear and Jewellery Retail Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hotel, footwear and jewellery retail stocks have a strong roadmap in India because growing travel, rising incomes and strong festive and wedding demand keep widening the market for these consumer facing companies.<\/p>\n<ul>\n<li><strong>Travel growth.<\/strong> Hotels see rising leisure and business stays.<\/li>\n<li><strong>Footwear stores.<\/strong> Branded footwear gains share.<\/li>\n<li><strong>Festive buying.<\/strong> Weddings and festivals lift jewellery sales.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Indian_Hotels_Company_Features_Among_These_Hotel_Footwear_and_Jewellery_Retail_Stocks\"><\/span><strong>Why Indian Hotels Company Features Among These Hotel, Footwear and Jewellery Retail Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the hotel, footwear and jewellery retail stocks on this list, Indian Hotels Company is India&#8217;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.<\/p>\n<p>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%.<\/p>\n<p>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.<\/p>\n<p><strong>Roadmap:<\/strong> 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.<\/p>\n<p><strong>What to watch:<\/strong> Track new room signings and openings and the pace of growth in its newer brands.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Metro_Brands_Features_Among_These_Hotel_Footwear_and_Jewellery_Retail_Stocks\"><\/span><strong>Why Metro Brands Features Among These Hotel, Footwear and Jewellery Retail Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the festive and wedding season shares on this list, Metro Brands is a Mumbai-based footwear retailer operating the Metro, Mochi, Walkway and Crocs outlets, and also selling through online channels and select partner brands.<\/p>\n<p>Revenue rose from Rs 1,402 crore in FY22 to Rs 2,968 crore in FY26, a compound annual growth rate of 20.6%. Net profit grew from Rs 213 crore in FY22 to Rs 416 crore in FY26, which works out to a compound annual growth rate of 18.2%.<\/p>\n<p>The company has a return on equity of 19.8%, a debt to equity ratio of 0.76 and a market capitalisation of Rs 23,316 crore. The stock trades at a P\/E of 55.4, above the industry P\/E of 37.0.<\/p>\n<p><strong>Roadmap:<\/strong> The company is opening new stores across cities and adding premium and international brands to its range. An omni-channel presence helps it reach a wider set of shoppers.<\/p>\n<p><strong>What to watch:<\/strong> Track store openings, premium brand share and online sales.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_PN_Gadgil_Jewellers_Features_Among_These_Hotel_Footwear_and_Jewellery_Retail_Stocks\"><\/span><strong>Why PN Gadgil Jewellers Features Among These Hotel, Footwear and Jewellery Retail Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, PN Gadgil Jewellers is a Pune-based jewellery retailer with a long history in Maharashtra, selling gold, silver, diamond and platinum jewellery through its own stores and online.<\/p>\n<p>The company has a return on equity of 20.9%, a debt to equity ratio of 0.89 and a market capitalisation of Rs 8,435 crore. The stock trades at a P\/E of 18.9, below the industry P\/E of 44.2.<\/p>\n<p>Revenue rose from Rs 2,586 crore in FY22 to Rs 10,827 crore in FY26, a compound annual growth rate of 43.0%. Net profit grew from Rs 69.5 crore in FY22 to Rs 410 crore in FY26, which works out to a compound annual growth rate of 55.8%. In the June 2026 quarter, revenue grew 40.3% year on year to Rs 2,423 crore, while net profit rose 51.9% to Rs 105 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company is opening new stores across Maharashtra and neighbouring states and is widening its range of gold and silver jewellery. A strong regional brand helps it win repeat customers.<\/p>\n<p><strong>What to watch:<\/strong> Monitor store additions, gold price movements and festive season demand.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indian_Hotels_Company_vs_Metro_Brands_vs_PN_Gadgil_Jewellers_on_Key_Financials\"><\/span><strong>Indian Hotels Company vs Metro Brands vs PN Gadgil Jewellers on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three hotel, footwear and jewellery retail stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Indian Hotels Company<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,211<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9,971<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,195<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Metro Brands<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,402<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,968<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">416<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">PN Gadgil Jewellers<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,586<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10,827<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">43.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">410<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>PN Gadgil Jewellers posts the highest return on equity in this group at 20.9%. PN Gadgil Jewellers combines the largest FY26 revenue at Rs 10,827 crore with the fastest revenue growth, a 43.0% compound annual rate. A useful habit with hotel, footwear and jewellery retail stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Hotel_Footwear_and_Jewellery_Retail_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Hotel, Footwear and Jewellery Retail Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these hotel, footwear and jewellery retail stocks, the main points are: Long-term festive and wedding season shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Travel cycles.<\/strong> Bookings and occupancy follow travel demand.<\/li>\n<li><strong>Footfall and spending.<\/strong> Store sales follow consumer mood and seasons.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/li>\n<\/ul>\n<p>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.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter hotel, footwear and jewellery retail stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Hotel_Footwear_and_Jewellery_Retail_Stocks\"><\/span><strong>Final Thoughts on Hotel, Footwear and Jewellery Retail Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hotel, footwear and jewellery retail stocks reward investors who follow demand trends, order books and margins together. Indian Hotels Company, Metro Brands and PN Gadgil Jewellers each have a clear plan to grow. Based on the 30 October 2026 close, Indian Hotels Company trades at Rs 811.65, Metro Brands at Rs 823.25 and PN Gadgil Jewellers at Rs 558.55. Valuation matters as much as growth, so compare each company&#8217;s P\/E with its industry P\/E before adding any of these hotel, footwear and jewellery retail stocks to a watchlist.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track hotel, footwear and jewellery retail stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_hotel_footwear_and_jewellery_retail_stocks\"><\/span><strong>What are hotel, footwear and jewellery retail stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hotel, footwear and jewellery retail stocks are listed companies that run luxury and mid market hotels and resorts, operate footwear stores under several brands, and sell gold, silver and diamond jewellery through stores in Maharashtra and beyond. Their earnings depend on travel, festive shopping and store sales. This list looks at three of them, Indian Hotels Company, Metro Brands and PN Gadgil Jewellers, using reported FY22 to FY26 financials and the 30 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_hotel_footwear_and_jewellery_retail_stocks_are_covered_in_this_list\"><\/span><strong>Which hotel, footwear and jewellery retail stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Indian Hotels Company, Metro Brands and PN Gadgil Jewellers. Based on the 30 October 2026 close, Indian Hotels Company traded at Rs 811.65, Metro Brands at Rs 823.25 and PN Gadgil Jewellers at Rs 558.55. Their return on equity ranges from 16.0% to 20.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 20.6% to 43.0%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_hotel_footwear_and_jewellery_retail_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do hotel, footwear and jewellery retail stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hotel, footwear and jewellery retail stocks have a strong roadmap in India because growing travel, rising incomes and strong festive and wedding demand keep widening the market for these consumer facing companies. The main drivers are as follows. Travel growth. Hotels see rising leisure and business stays. Footwear stores. Branded footwear gains share. Festive buying. Weddings and festivals lift jewellery sales. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Indian_Hotels_Company_performed_financially\"><\/span><strong>How has Indian Hotels Company performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Metro_Brands_performed_financially\"><\/span><strong>How has Metro Brands performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,402 crore in FY22 to Rs 2,968 crore in FY26, a compound annual growth rate of 20.6%. Net profit grew from Rs 213 crore in FY22 to Rs 416 crore in FY26, which works out to a compound annual growth rate of 18.2%. The company has a return on equity of 19.8%, a debt to equity ratio of 0.76 and a market capitalisation of Rs 23,316 crore. The stock trades at a P\/E of 55.4, above the industry P\/E of 37.0. Looking ahead, the company is opening new stores across cities and adding premium and international brands to its range. An omni-channel presence helps it reach a wider set of shoppers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_PN_Gadgil_Jewellers_performed_financially\"><\/span><strong>How has PN Gadgil Jewellers performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 2,586 crore in FY22 to Rs 10,827 crore in FY26, a compound annual growth rate of 43.0%. Net profit grew from Rs 69.5 crore in FY22 to Rs 410 crore in FY26, which works out to a compound annual growth rate of 55.8%. In the June 2026 quarter, revenue grew 40.3% year on year to Rs 2,423 crore, while net profit rose 51.9% to Rs 105 crore. The company has a return on equity of 20.9%, a debt to equity ratio of 0.89 and a market capitalisation of Rs 8,435 crore. The stock trades at a P\/E of 18.9, below the industry P\/E of 44.2. Looking ahead, the company is opening new stores across Maharashtra and neighbouring states and is widening its range of gold and silver jewellery. A strong regional brand helps it win repeat customers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_hotel_footwear_and_jewellery_retail_stocks\"><\/span><strong>What risks should investors check before buying hotel, footwear and jewellery retail stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying hotel, footwear and jewellery retail stocks. Travel cycles. Bookings and occupancy follow travel demand. Footfall and spending. Store sales follow consumer mood and seasons. 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_hotel_footwear_and_jewellery_retail_stocks_investment_advice\"><\/span><strong>Is this list of hotel, footwear and jewellery retail stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 30 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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are hotel, footwear and jewellery retail stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hotel, footwear and jewellery retail stocks are listed companies that run luxury and mid market hotels and resorts, operate footwear stores under several brands, and sell gold, silver and diamond jewellery through stores in Maharashtra and beyond. Their earnings depend on travel, festive shopping and store sales. This list looks at three of them, Indian Hotels Company, Metro Brands and PN Gadgil Jewellers, using reported FY22 to FY26 financials and the 30 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which hotel, footwear and jewellery retail stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Indian Hotels Company, Metro Brands and PN Gadgil Jewellers. Based on the 30 October 2026 close, Indian Hotels Company traded at Rs 811.65, Metro Brands at Rs 823.25 and PN Gadgil Jewellers at Rs 558.55. Their return on equity ranges from 16.0% to 20.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 20.6% to 43.0%.\"}},{\"@type\":\"Question\",\"name\":\"Why do hotel, footwear and jewellery retail stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hotel, footwear and jewellery retail stocks have a strong roadmap in India because growing travel, rising incomes and strong festive and wedding demand keep widening the market for these consumer facing companies. The main drivers are as follows. Travel growth. Hotels see rising leisure and business stays. Footwear stores. Branded footwear gains share. Festive buying. Weddings and festivals lift jewellery sales. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Indian Hotels Company performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"How has Metro Brands performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,402 crore in FY22 to Rs 2,968 crore in FY26, a compound annual growth rate of 20.6%. Net profit grew from Rs 213 crore in FY22 to Rs 416 crore in FY26, which works out to a compound annual growth rate of 18.2%. The company has a return on equity of 19.8%, a debt to equity ratio of 0.76 and a market capitalisation of Rs 23,316 crore. The stock trades at a P\/E of 55.4, above the industry P\/E of 37.0. Looking ahead, the company is opening new stores across cities and adding premium and international brands to its range. 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A strong regional brand helps it win repeat customers.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying hotel, footwear and jewellery retail stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying hotel, footwear and jewellery retail stocks. Travel cycles. Bookings and occupancy follow travel demand. Footfall and spending. Store sales follow consumer mood and seasons. 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.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of hotel, footwear and jewellery retail stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 30 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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hotel, Footwear and Jewellery Retail Stocks with a strong future roadmap: Indian Hotels Company, Metro Brands and PN Gadgil Jewellers. Compare price, valuation, return on equity and revenue growth as of 30 October 2026.<\/p>\n","protected":false},"author":38,"featured_media":334786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,19043,19042,11295,8493,7225,9207,19045,19044],"class_list":["post-334787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-festive-and-wedding-season-shares","tag-footwear-and-jewellery-retail-stocks","tag-hotel","tag-indian-hotels-company","tag-metro-brands","tag-pn-gadgil-jewellers","tag-shoe-and-gold-stocks","tag-stay"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["334786"],"rank_math_title":["Hospitality Leader, Footwear Retailer and Jeweller Stocks"],"rank_math_description":["Compare 3 hotel, footwear and jewellery retail stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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