Jindal Hotels Ltd
Jindal hotels is engaged in the business of operating 3 star category Hotel (namely Grand Mercure Vadodara Surya Palace located in the city of Vadodara and Restaurant (namely Azure Restaurant).[1]
- Market Cap ₹ 57.0 Cr.
- Current Price ₹ 81.4
- High / Low ₹ 90.0 / 39.1
- Stock P/E 78.1
- Book Value ₹ 25.2
- Dividend Yield 0.00 %
- ROCE 8.54 %
- ROE 11.4 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 45.2 days to 26.8 days
Cons
- Stock is trading at 3.23 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.15% over past five years.
- Company has a low return on equity of -19.7% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Hotels & Restaurants Industry: Hotels
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
26.60 | 27.99 | 30.01 | 31.74 | 36.01 | 36.15 | 33.78 | 38.03 | 37.73 | 15.55 | 29.86 | 41.39 | 41.32 | |
19.18 | 19.85 | 20.15 | 20.74 | 23.55 | 22.87 | 22.90 | 26.25 | 26.99 | 16.75 | 23.74 | 30.70 | 30.87 | |
Operating Profit | 7.42 | 8.14 | 9.86 | 11.00 | 12.46 | 13.28 | 10.88 | 11.78 | 10.74 | -1.20 | 6.12 | 10.69 | 10.45 |
OPM % | 27.89% | 29.08% | 32.86% | 34.66% | 34.60% | 36.74% | 32.21% | 30.98% | 28.47% | -7.72% | 20.50% | 25.83% | 25.29% |
-0.09 | 0.03 | 0.21 | 0.15 | 0.09 | 0.22 | 1.03 | 0.15 | 0.19 | 0.12 | 0.54 | 0.96 | 0.49 | |
Interest | 1.39 | 2.37 | 4.08 | 4.86 | 5.37 | 6.11 | 4.84 | 4.75 | 4.72 | 4.78 | 4.90 | 5.16 | 5.19 |
Depreciation | 1.59 | 2.16 | 2.98 | 3.91 | 4.36 | 6.16 | 6.76 | 5.54 | 5.16 | 4.88 | 4.85 | 4.86 | 4.95 |
Profit before tax | 4.35 | 3.64 | 3.01 | 2.38 | 2.82 | 1.23 | 0.31 | 1.64 | 1.05 | -10.74 | -3.09 | 1.63 | 0.80 |
Tax % | 30.57% | 32.97% | 42.52% | 33.61% | 41.84% | 82.93% | -193.55% | 9.15% | 36.19% | -1.96% | 22.01% | -26.99% | |
3.02 | 2.44 | 1.73 | 1.58 | 1.64 | 0.21 | 0.92 | 1.50 | 0.68 | -10.96 | -2.40 | 2.07 | 0.73 | |
EPS in Rs | 5.03 | 4.07 | 2.88 | 2.63 | 2.73 | 0.35 | 1.53 | 2.50 | 1.13 | -16.48 | -3.43 | 2.96 | 1.04 |
Dividend Payout % | 15.89% | 19.67% | 27.75% | 30.38% | 29.27% | 228.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 3% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | 17% |
3 Years: | 49% |
TTM: | -19% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 13% |
3 Years: | 53% |
1 Year: | 89% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -8% |
3 Years: | -20% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.65 | 7.00 | 7.00 | 7.00 |
Reserves | 14.82 | 16.70 | 17.87 | 17.48 | 18.55 | 18.81 | 19.11 | 20.65 | 21.29 | 11.07 | 9.79 | 11.86 | 10.66 |
20.12 | 36.21 | 47.71 | 48.44 | 55.74 | 54.67 | 55.55 | 52.55 | 48.82 | 54.25 | 62.77 | 59.36 | 56.90 | |
4.84 | 5.74 | 7.41 | 7.29 | 7.93 | 8.79 | 8.53 | 7.70 | 8.40 | 9.84 | 8.78 | 8.38 | 9.29 | |
Total Liabilities | 45.78 | 64.65 | 78.99 | 79.21 | 88.22 | 88.27 | 89.19 | 86.90 | 84.51 | 81.81 | 88.34 | 86.60 | 83.85 |
28.29 | 55.71 | 56.12 | 53.91 | 78.90 | 77.34 | 79.49 | 76.00 | 73.01 | 68.35 | 68.65 | 67.39 | 67.57 | |
CWIP | 7.80 | 1.36 | 9.59 | 16.24 | 0.00 | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.16 |
Investments | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0.02 | 0.04 | 0.04 | 0.04 | 5.27 | 4.43 | 1.37 |
9.66 | 7.55 | 13.25 | 9.03 | 9.29 | 10.62 | 9.68 | 10.86 | 11.46 | 13.42 | 14.42 | 14.78 | 14.75 | |
Total Assets | 45.78 | 64.65 | 78.99 | 79.21 | 88.22 | 88.27 | 89.19 | 86.90 | 84.51 | 81.81 | 88.34 | 86.60 | 83.85 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.35 | 7.69 | 5.41 | 5.51 | 6.82 | 13.36 | 11.31 | 10.14 | 11.31 | 1.32 | 5.83 | 10.80 | |
-8.64 | -23.23 | -11.59 | -10.56 | -12.95 | -5.45 | -8.06 | -2.04 | -1.96 | -0.22 | -13.66 | -2.12 | |
3.90 | 15.69 | 11.07 | 0.25 | 6.82 | -7.58 | -4.52 | -7.76 | -8.44 | -0.36 | 5.95 | -8.61 | |
Net Cash Flow | -4.39 | 0.15 | 4.89 | -4.79 | 0.69 | 0.32 | -1.27 | 0.33 | 0.91 | 0.74 | -1.88 | 0.07 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 25.80 | 19.04 | 18.00 | 20.12 | 21.29 | 11.61 | 14.80 | 14.78 | 8.03 | 16.20 | 11.49 | 13.32 |
Inventory Days | 233.16 | 228.12 | 254.57 | 224.33 | 195.28 | 278.65 | 352.45 | 359.69 | 372.27 | 517.57 | 278.80 | 221.33 |
Days Payable | 31.09 | 34.22 | 37.33 | 31.44 | 27.33 | 55.62 | 66.31 | 88.45 | 102.29 | 273.27 | 121.31 | 117.18 |
Cash Conversion Cycle | 227.87 | 212.95 | 235.24 | 213.01 | 189.24 | 234.64 | 300.95 | 286.02 | 278.01 | 260.50 | 168.98 | 117.47 |
Working Capital Days | 58.18 | 20.73 | -27.12 | 19.43 | 17.84 | 20.70 | 25.07 | 36.18 | 28.05 | 70.18 | 38.75 | 26.81 |
ROCE % | 16.15% | 12.10% | 10.87% | 10.09% | 10.76% | 9.19% | 6.43% | 7.99% | 7.30% | -8.05% | 2.35% | 8.54% |
Documents
Announcements
- Closure of Trading Window 2d
- Board Meeting Intimation for Consideration & Approval Of Audited Standalone Financial Statement For The 4Th Quarter & Financial Year Ended On 31.03.2024. 2d
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Compliances- PCS Certificate For Transfer/ Transmission/ Transposition
12 Apr - Certificate pursuant to Reg. 40 (9) SEBI (LODR)Regulations, 2015 issued by M/s. Jayesh Vyas & Associates for the year ended 31st March, 2024.
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Compliances- Compliance Certificate For The Period Ended March, 2024.
11 Apr - Compliances-Compliance Certificate under Reg. 7(3) of SEBI (LODR) for the period ended March, 2024.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Compliance Certificate from RTA under Reg. 74 (5) for the quarter ended 31.03.2024.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Facilities[1]
The company owns and operates a single hotel in Vadodara City under the name Surya Hotels with 144 Guest Rooms, 6 large and medium Banquet halls, Board Room, Restaurant, Swimming Pool, Health Club, a Liquor shop, and many other amenities and has secured a sizable amount of market share. Its customers include reputed MNCs, Corporate, PSU’s, Private sector units, etc.