Hospitality Surge: IHCL at ₹93,300 Cr, Prism Doubles to ₹67,200 Cr

"A decade ago, hospitality was a footnote; in 2026, it accounts for 24 of 151 companies," the report said. The split within the list reflects spending patterns, said Anas Rahman Junaid, founder of Hurun India. Residential, which accounts for nearly half the companies, declined about 16% in value. Commercial real estate fell 14%. Retail grew 8%.

Prism was the second-largest gainer in absolute terms, adding ₹34,700 crore. It also became the second-most valuable unlisted real estate company after Adani Properties. Newly demerged ITC Hotels debuted at ₹32,300 crore.

Prism founder Ritesh Agarwal, at 32, was the youngest leader on the list. Kapil Bhatia of InterGlobe Hotels, aged 93, was the oldest. Jyotsna Suri of The Lalit and Priya Paul of Apeejay Surrendra Park Hotels were the top women leaders.