Indian Hotels Co (LSE:96IR) ROC (Joel Greenblatt) %: 20.59% (As of Jun. 2026) — 79% Above Median

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What is Indian Hotels Co ROC (Joel Greenblatt) %?

Indian Hotels Co LSE:96IR 88 ROC (Joel Greenblatt) % is 20.59% as of Jun. 2026, which is 79% above its 10-year median of 11.51. GuruFocus rates LSE:96IR with a GF Score™ of 88/100. The stock has 2 warning signs investors should review. Among 847 Travel & Leisure companies, Indian Hotels Co ranks better than 75.32% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Indian Hotels Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 20.59%.

The historical rank and industry rank for Indian Hotels Co's ROC (Joel Greenblatt) % or its related term are showing as below:

LSE:96IR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.13   Med: 11.51   Max: 29.89
Current: 30.29

During the past 13 years, Indian Hotels Co's highest ROC (Joel Greenblatt) % was 29.89%. The lowest was -6.13%. And the median was 11.51%.

LSE:96IR's ROC (Joel Greenblatt) % is ranked better than
75.32% of 847 companies
in the Travel & Leisure industry
Industry Median: 9.91 vs LSE:96IR: 30.29

Indian Hotels Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Indian Hotels Co  (LSE:96IR) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Indian Hotels Co ROC (Joel Greenblatt) % Related Terms


Indian Hotels Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Indian Hotels Co's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indian Hotels Co ROC (Joel Greenblatt) % Chart

Indian Hotels Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 19.81 22.41 29.10 27.90

Indian Hotels Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.50 19.09 46.79 31.58 20.59

LSE:96IR vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison

For the Lodging subindustry, Indian Hotels Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indian Hotels Co ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Indian Hotels Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Indian Hotels Co's ROC (Joel Greenblatt) % falls into.



Indian Hotels Co ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.729 + 12.099 + 31.118) - (46.546 + 0 + 127.076)
=-71.676

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Indian Hotels Co for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=186.492/( ( (905.524 + max(-71.676, 0)) + (0 + max(0, 0)) )/ 1 )
=186.492/( ( 905.524 + 0 )/ 1 )
=186.492/905.524
=20.59 %

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROC (Joel Greenblatt) % of 20.59% mean?
Indian Hotels Co (LSE:96IR) has a ROC (Joel Greenblatt) % of 20.59% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Indian Hotels Co and its competitors. This is 79% above median its historical median of 11.51. According to the industry distribution chart, Indian Hotels Co ranks #209 out of 847 companies in the Travel & Leisure industry, placing it in the top 24.7%.
Is Indian Hotels Co's ROC (Joel Greenblatt) % too high?
Indian Hotels Co's current ROC (Joel Greenblatt) % of 20.59% is 79% above median its 10-year median of 11.51. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.91. Indian Hotels Co's value of 20.59% is 107.8% above this industry median. Based on the distribution chart, Indian Hotels Co ranks #209 out of 847 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Hotels Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Indian Hotels Co's ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Indian Hotels Co ranks #209 out of 847 companies for ROC (Joel Greenblatt) %. This places Indian Hotels Co in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.91. Indian Hotels Co's value of 20.59% is 107.8% above this benchmark. While the company's 10-year median is 11.51 vs. the industry median of 9.91, Indian Hotels Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.91, based on 847 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indian Hotels Co's current ROC (Joel Greenblatt) % of 20.59% is 107.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Indian Hotels Co and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Hotels Co's current ROC (Joel Greenblatt) % is 20.59%, which is 79% above median its own 10-year median of 11.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Hotels Co stock overvalued right now?
Indian Hotels Co (LSE:96IR) has a current ROC (Joel Greenblatt) % of 20.59%. The current ROC (Joel Greenblatt) % is 20.59%, which is 79% above median its 10-year median of 11.51 and 107.8% above the Travel & Leisure industry median of 9.91. Indian Hotels Co's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Indian Hotels Co (LSE:96IR), the current ROC (Joel Greenblatt) % is 20.59% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indian Hotels Co Business Description

Other Exchanges INDHOTEL:India500850:India
Address Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400021
Indian Hotels Co Ltd , is mainly engaged in the business of owning, operating & managing hotels, palaces and resorts. The company has two operating segments Hotel Services: This segment includes revenue and expenses related to providing accommodation, food and beverage services, other hospitality-related services including operating and management fees where the hotels are not owned or leased by the Group; and Air and Institutional Catering: This segment includes revenue and expenses related to the preparation and delivery of in-flight meals and catering services to airlines and institutions. The hotel generates majority of revenue from Hotel Services. It has presence in India, and Overseas locations. The hotel generates majority of revenue from India.