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Indian Hotels Company

The Indian Hotels Company (IHC) is the parent company of Taj Hotels Resorts and Palaces. It was founded by Jamsetji N. Tata on December16, 1903. Currently the Taj Hotels Resorts and Palaces
comprises 57 hotels at 40 locations across India. Additional 18 hotels are also being operated around the globe. During fiscal year 2006, the total number of hotels owned or managed by the Company was 75.

The Taj hotels are categorized as luxury, leisure and business hotels. The Taj Luxury Hotels offer a wide range of luxurious suites with modern fitness centres, rejuvenating spas, and well-equipped banquet and meeting facilities. The Taj Leisure Hotels offer a complete holiday package that can be enjoyed with the whole family.
It provides exciting activities ranging from sports, culture, environment, adventure, music, and entertainment. The Taj Business Hotels provide the finest standards of hospitality, which helps the business trips to be productive. They offer well-appointed rooms, telecommunication facilities, efficient service, specialty restaurants and lively bars, well-equipped business centres, and other conference facilities.

Management:
Chairman: Mr. Ratan N Tata
Managing Director & CEO: Mr. Raymond Bickson
Chief Operating Officer, Leisure Hotels: Ms. Jyoti Narang
Chief Operating Officer, Luxury Hotels: Mr. Abhijit Mukerji
Chief Operating Officer, Business Hotels: Mr. Jamshed S. Daboo
Vice President-Legal & Company secretary: Dev Bajpai
Chief Financial Officer: Mr. Anil P Goel

Financial Data

Key Stats & Ratios

 

Quarterly
(Mar '04)

Annual
(2006)

Annual
(TTM)

Net Profit Margin

4.86%

11.93%

5.03%

Operating Margin

8.24%

16.75%

7.77%

EBITD Margin

-

29.11%

23.33%

Return on Average Assets

-

5.32%

-

Return on Average Equity

-

15.48%

-

Market Capitalization in last 6 months (Rs.crores)

Month

High

Low

Average

July 2006

6983.18

5883.71

6640.63

August 2006

7536.56

6745.18

7229.90

September 2006

8093.45

7482.83

7835.64

October 2006

8576.75

7911.81

8146.62

November 2006

9046.91

8080.31

8681.29

December 2006

9444.76

8400.55

9001.56



Careers at IHC Ltd.

Campus Recruitments: IHC Ltd visits the campuses of premier institutes and selects candidates. The selection procedure includes a preliminary interview or a group discussion followed by a final interview with the senior management.

Training Programs: Taj offers two training programs, viz. Taj Management Training Program (TMTP) & Hotel Operations Management Training (HOMT) Program. The TMTP is further divided into 2 segments- food and operations. The duration of TMTP Operations is of 18 months and that of TMTP food is of 24 months, while the duration of HOMT program is 12 months. The recruitment for HOMT program commences in October/November every year.