ITC Hotels Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27

The ITC Hotels share price target for 2026 is Rs 157 to Rs 179 in the Univest base case, with the stock at Rs 158.96 at the 5 October 2026 close. That is 29.9 percent below its 52-week high of Rs 226.63 and 15.8 percent above its 52-week low of Rs 137.30, and the stock moved down 26.2 percent over the past year. ITC Hotels runs luxury hotels under the ITC, Welcomhotel and Storii brands and follows an asset-right model of managing hotels it does not own. Debt to equity is 0.01 and the dividend yield is 0.63 percent.

Three things changed since the last update: Q1 FY27 results on 16 July showed profit up 36 percent, the stock fell 5.2 percent on the day on the sequential decline, and the company signed 8 hotels and completed the Kumarakom acquisition. This ITC Hotels stock analysis covers the ITC Hotels share price today, the ITC Hotels share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a ITC Hotels buy or sell view.

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What Is the ITC Hotels Share Price Target for 2026?

The 2026 target for ITC Hotels shares is Rs 157 to Rs 179 in the Univest base case, which is -1.2% to +12.6% against the last close. The bull case is Rs 211 to Rs 231 and the bear case is Rs 101 to Rs 114. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.

ITC Hotels Share Price Target Scenarios: Bull Case, Base Case and Bear Case

Scenario	FY28E EPS	Target Multiple	Price Target (Rs)	Move vs Rs 158.96
Bull Case	Rs 6.8	31x to 34x	211 to 231	+32.7% to +45.3%
Base Case	Rs 5.6	28x to 32x	157 to 179	-1.2% to +12.6%
Bear Case	Rs 4.4	23x to 26x	101 to 114	-36.5% to -28.3%

FY28 EPS of Rs 5.60 in the base case compares with trailing EPS of Rs 4.17 and assumes revenue growth near 12 percent, a margin near 31 percent and growth in management fees. The stock trades at about 28 times the base estimate. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the ITC Hotels share price target range around the current price.

ITC Hotels Company Overview and Share Price Today as of 5 October 2026

ITC Hotels share price today is Rs 158.96 on the NSE at the 5 October 2026 close, before the market opened on 6 October. The market capitalisation is Rs 33,100 crore, and the stock trades at 38 times earnings, in line with the industry average of 36.7 times. The Univest base case ITC Hotels share price target of Rs 157 to Rs 179 is -1.2% to +12.6% from here. The table below sets out the key numbers behind the ITC Hotels share price target.

Parameter	Value	Context
NSE Ticker	ITCHOTELS	BSE code 544325
Sector	Hotels	Per Univest sector classification
Last Close (NSE)	Rs 158.96	5 Oct 2026 close
52-Week High	Rs 226.63	CMP is 29.9% below
52-Week Low	Rs 137.30	CMP is 15.8% above
1-Year Return	About -26%	Weekly close Rs 215.29 on 10 Oct 2025 to Rs 158.96
Market Capitalisation	Rs 33,100 crore	Mid cap hotel chain
Trailing P/E	About 38.1x	Industry P/E about 36.65x
P/B Ratio	About 2.84x	Book value Rs 55.96 per share
EPS (TTM)	Rs 4.17	Trailing twelve months
Return on Equity	About 7.0%	Debt to equity 0.01
Dividend Yield	About 0.63%	Rs 1 per share dividend
12-Month Target (Base Case)	Rs 157 to Rs 179	Univest base case
Bull Case	Rs 211 to Rs 231	+32.7% to +45.3%
Bear Case	Rs 101 to Rs 114	-36.5% to -28.3%

Track live price, fundamentals and results for ITC Hotels on the Univest Screener.

How Did ITC Hotels Perform in Q1 FY27?

ITC Hotels reported Q1 FY27 consolidated revenue from operations of Rs 936 crore, up 15 percent, and profit after tax of Rs 181.9 crore, up 36 percent from Rs 133.7 crore. EBITDA rose 19 percent to Rs 292 crore at a margin of 31 percent, up 123 bps. Together these Q1 FY27 numbers anchor the ITC Hotels share price target.

Metric	Q1 FY27	Context
Revenue from Operations	Rs 936 crore	Up 15% YoY
EBITDA	Rs 292 crore	Up 19%; margin 31%
Profit After Tax	Rs 181.9 crore	Up 36%; down 42.7% QoQ
Occupancy	76%	Up 220 bps
Average Room Rate	Rs 11,320	Up 4%; RevPAR Rs 8,550 up 7%
New Hotel Signings	8	Kumarakom acquisition completed

The quarter began with demand disruption from the West Asia conflict, yet occupancy and room rates both rose. Profit fell from the previous quarter because Q4 is the strongest season, and talks to manage Jaypee hotels were reported. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the ITC Hotels share price target.

Why Is ITC Hotels Share Price Down 26 Percent in a Year?

ITC Hotels shares are down about 26 percent in a year because the stock started trading near a premium and then slid as growth normalised. It fell from Rs 226.63 in the week of 27 October 2025 to Rs 137.30 in the week of 30 March 2026 on the West Asia shock.

A rally of 11 percent in the week of 15 June took it to a high of Rs 188 in early July, but it gave back 15 percent by 20 July and fell 5.2 percent on the Q1 results day. It closed at Rs 158.96. The ITC Hotels share price target scenarios below account for that move.

Key Catalysts for the ITC Hotels Share Price Target in 2026

4 catalysts matter most for the ITC Hotels share price target, and sector tailwinds in Hotels are part of the case. Together they decide whether the base case is reached.

1. Occupancy and Room Rates

Occupancy rose 220 bps to 76 percent and room rates rose 4 percent, lifting RevPAR 7 percent. Strong demand supports margin. If it plays out, the ITC Hotels share price target moves toward the top of the base range.

2. Asset-Right Expansion

The company signed 8 new hotels in the quarter. Managed hotels add fee income with little capital. Strength here would support the upper end of the ITC Hotels share price target.

3. Management Fees

Higher management fees helped EBITDA margin rise 123 bps. The mix shift lifts return on equity over time. Delivery on this point keeps the ITC Hotels share price target on track.

4. Branded Residences

Sapphire Residences contributed Rs 38 crore of revenue and Rs 11 crore of EBITDA. The line adds one-off profit. Better news here would lift the ITC Hotels share price target toward the bull case.

What Are the Key Risks to the ITC Hotels Share Price Target?

The main risks are geopolitical shocks, a high valuation, seasonality and competition from new supply. Each can pull the ITC Hotels share price target lower.

Geopolitical Shocks

The West Asia conflict disrupted demand at the start of Q1 FY27. A repeat would cut occupancy. If it materialises, the ITC Hotels share price target would slip toward the bear case.

High Valuation

The stock trades at 38 times trailing earnings and 2.8 times book value. A fall to 23 times FY28 EPS of Rs 4.40 would put the price near Rs 101. This is the main downside risk to the ITC Hotels share price target.

Seasonality

Profit fell 42.7 percent from Q4 to Q1. Investors who read the sequential drop may sell on results. A worsening here would cut the ITC Hotels share price target toward the low end of the range.

New Supply

Rival chains are adding rooms in key cities. More supply could slow room rate growth. Watch it closely, because it can pull the ITC Hotels share price target lower quickly.

ITC Hotels Stock Analysis: Support and Resistance Levels for the Share Price Target

ITC Hotels stock analysis on weekly charts shows a range of Rs 150 to Rs 165 since mid-September, with the stock near the middle.

The first support level is Rs 156.30 to Rs 158.10, the lows of the weeks of 28 September and 5 October. Below that, Rs 149.85 to Rs 152.60 marks the September lows and Rs 137.30 is the 52-week low.

The first resistance level is Rs 160.80 to Rs 165.40, the highs of the weeks of 5 October and 21 September. Above that, Rs 168 to Rs 173 marks the August levels and Rs 187 to Rs 188 marks the July high. These levels come from weekly price action, are not trade recommendations, and frame the near-term ITC Hotels share price target.

ITC Hotels Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term

Short-Term ITC Hotels Share Price Target (3 to 6 Months)

In the near term the stock is likely to trade between Rs 150 and Rs 165, from the mid-September low to the late-September high. A close above Rs 165.40 would put Rs 173 in play, while a weekly close under Rs 156 would put Rs 150 in play. The Q2 FY27 results are the main trigger. This range anchors the near-term ITC Hotels share price target.

12-Month and 2027 ITC Hotels Share Price Target

The 12-month target price is Rs 157 to Rs 179, valued on 28 to 32 times FY28 EPS of Rs 5.6. The range across scenarios runs from Rs 101 in the bear case to Rs 231 in the bull case.

Long-Term ITC Hotels Share Price Target for FY29 to 2030

For FY29 to 2030 the Univest scenario range is Rs 195 to Rs 270. This assumes EPS of Rs 7.5 in FY29 and Rs 9 in FY30 and a multiple of 26 to 30 times. It needs occupancy near 76 percent, firm room rates and steady growth in managed hotels. This is the long-term ITC Hotels share price target in the Univest scenarios.

Bull Case and Bear Case for ITC Hotels Share Price Target

Bull Case Rs 211 to Rs 231

The bull case of Rs 211 to Rs 231 for the ITC Hotels share price target needs EPS of Rs 6.8 and the market to pay 31 to 34 times for it. It is +32.7% to +45.3% from the last close.

Bear Case Rs 101 to Rs 114

The bear case of Rs 101 to Rs 114 for the ITC Hotels share price target equals 23 to 26 times FY28 EPS of Rs 4.4 and sits below the Rs 137.3 low. It is -36.5% to -28.3% from the last close.

Is ITC Hotels a Good Buy at Rs 159? ITC Hotels Buy or Sell View

Whether ITC Hotels is a buy at Rs 158.96 depends on horizon and risk appetite. The base case sits between 1 percent below and 13 percent above the current price, the stock is 30 percent below its high, and the open question is whether the premium multiple holds. The ITC Hotels share price target range is the starting point for that decision.

Long-term holders may focus on occupancy, management fees and new signings, and treat Rs 156 as the level to watch. Short-term traders may prefer to wait for a close above Rs 165.40. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this ITC Hotels buy or sell view is educational.

How to Invest in ITC Hotels Shares

Step 1: Check the live price, valuation and the latest ITC Hotels share price target range on the Univest Screener.

Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any ITC Hotels share price target.

Step 3: Search for ITCHOTELS on the NSE or 544325 on the BSE in your trading app.

Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 101 is bearable.

Step 5: Track occupancy, new signings and Q2 FY27 results and set price alerts on the Univest App to follow any change in the ITC Hotels share price target.

Conclusion

ITC Hotels closed at Rs 158.96 against a Univest base case share price target of Rs 157 to Rs 179, a bull case of Rs 211 to Rs 231 and a bear case of Rs 101 to Rs 114. Q1 FY27 delivered revenue growth of 15 percent and profit growth of 36 percent, with occupancy at 76 percent. The main risks are geopolitical shocks, valuation and seasonality.

The stock is 29.9 percent below its 52-week high, so the base case sits between 1 percent below and 13 percent above the current price. The triggers to watch are occupancy, new signings and Q2 FY27 results and the Rs 156.30 and Rs 165.40 levels. Re-check the ITC Hotels share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.

Download the Univest iOS App or Univest Android App to track ITC Hotels live price and get daily stock recommendations.

FAQs on ITC Hotels Share Price Target 2026

What is the ITC Hotels share price target for 2026?

Ans. The ITC Hotels share price target for 2026 is Rs 157 to Rs 179 in the Univest base case, with a bull case of Rs 211 to Rs 231 and a bear case of Rs 101 to Rs 114. No brokerage target was available on the sources we track as of 5 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.

What is the ITC Hotels share price target for 2027?

Ans. The ITC Hotels share price target for 2027 is Rs 157 to Rs 179 in the base case, valued on 28 to 32 times FY28 EPS of Rs 5.6. The scenario range runs from Rs 101 to Rs 231.

Is ITC Hotels a good buy at Rs 158.96?

Ans. Whether ITC Hotels is a good buy at Rs 158.96 depends on your horizon, risk appetite and how you read the ITC Hotels share price target. Profit is up 36 percent with firm occupancy, but the stock trades at about 38 times earnings and profit is seasonal. Consult a SEBI-registered advisor before investing.

What are the key risks to the ITC Hotels share price target?

Ans. The key risks to the ITC Hotels share price target are geopolitical shocks, high valuation, seasonality and new supply. The West Asia conflict disrupted demand at the start of Q1 FY27. A repeat would cut occupancy.

What are the key catalysts for the ITC Hotels share price target?

Ans. The key catalysts for the ITC Hotels share price target are occupancy and room rates, asset-right expansion, management fees and branded residences. Occupancy rose 220 bps to 76 percent and room rates rose 4 percent, lifting RevPAR 7 percent. Strong demand supports margin.

Where can I track ITC Hotels share price today and ITC Hotels share price target updates?

Ans. You can track the live ITC Hotels share price, results and any change to the ITC Hotels share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.

What are ITC Hotels's 52-week high and low?

Ans. ITC Hotels's 52-week high is Rs 226.63 and its 52-week low is Rs 137.30, based on weekly NSE data. At Rs 158.96 the stock is 29.9 percent below the high and 15.8 percent above the low. Both levels frame the ITC Hotels share price target.

How to buy ITC Hotels shares?

Ans. Open a demat account with a SEBI-registered broker such as Univest, search for ITCHOTELS on the NSE or 544325 on the BSE, and place a limit order near your entry price, using the ITC Hotels share price target range as a guide. Size the position so a fall to Rs 101 is bearable, and check the live price on the Univest Screener first.