Kamat Hotels (India) Ltd. – Company Report
1. Company Overview
Kamat Hotels (India) Ltd. (KHIL), established in 1986 and headquartered in Mumbai, Maharashtra, is a key hospitality player with renowned brands such as “The Orchid Hotels” and “Fort JadhavGadh.” The company builds, owns, and manages eco-friendly luxury hotels and resorts in major business and leisure destinations across India. KHIL is celebrated for its sustainability leadership, pioneering Asia’s first certified Ecotel hotel, and has received numerous awards for environmental initiatives. Led by founder Dr. Vithal Venkatesh Kamat and Executive Director Vishal Kamat, KHIL’s portfolio serves urban business travelers, heritage tourists, and families through a blend of premier and heritage properties, modern boutique hotels, leisure clubs, and specialty restaurants.
- Incorporated: 1986
- Headquarters: Mumbai, Maharashtra, India
- Core Brands: The Orchid Hotels, Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, IRA by Orchid Hotels
- Listed: BSE, NSE
2. Products and Services
KHIL operates and manages a diverse suite of hospitality offerings, including:
Luxury & Premium Hotels:
- The Orchid (Ecotel) Hotels in Mumbai, Pune, and other cities
- Fort JadhavGadh near Pune (heritage fort hotel)
- Mahodadhi Palace in Odisha
Resorts & Leisure Destinations:
- Lotus Resorts in scenic places such as Goa, Konark, and Murud
- New boutique properties under IRA and Toyam brands
Dining & Event Venues:
- Multi-cuisine restaurants, bars, banqueting, and specialty catering
- Event management and conference facilities
Clubs and Wellness:
- Family clubs, timeshare programs, and recreational and wellness services
Consulting & Education:
- Hospitality management and property consulting
- Hotel schools and vocational training centers
KHIL continues to advance eco-friendly practices, integrating sustainability into core operations—recycling initiatives, renewable energy, water management, and software-driven operational efficiencies.
3. Recent News and Financial Performance
Business Developments
- Ongoing expansion with new resort and hotel launches including projects in Panchgani (70-room Orchid Resort slated for September 2025) and Nashik (57-room Orchid Boutique opening by March 2026), alongside progress in Chandigarh, Rishikesh.
- The Kamat Hotels India opens its latest destination The Orchid Passaros – Goa and the 27-suites boutique luxury retreat offers a restaurant, bar, spa, pool, and more.
- Kamat Hotels set to launch of The Orchid, Mandvi, Kutch, a 153-room property Expected to be completed in 18 - 24 Months
- The group is now set to launch two new properties under its mid-market brand IRA by Orchid Hotels in Dwarka and Bhavnagar within this financial year.
- The group is expanding its footprint in the south with the launch of IRA by Orchid Hyderabad, opening on October 1, the hotel features 63 rooms.
- Kamat Hotels has signed a management agreement for a second luxury hotel in North Goa under its 'IRA by Orchid Hotel' brand. The new property, set to open by September 30, 2025, will feature 43 guest rooms, a banquet hall, swimming pool, two restaurants, and a health club.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹367 crore |
| Net Profit | ₹47 crore |
| Earnings Per Share | ₹15.8 |
| Operating Profit Margin | 29% |
| Net Profit Margin | 12.6% |
| Return on Equity (ROE) | 19% |
| Dividend | No dividend payout |