Jindal Hotels Ltd

Jindal Hotels Ltd

₹ 81.9 -2.44%
18 Apr - close price
About

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]

Key Points

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.

  • Market Cap 57.3 Cr.
  • Current Price 81.9
  • High / Low 90.0 / 39.1
  • Stock P/E 78.5
  • 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 3.24 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

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5.30 7.43 3.59 7.53 10.18 8.56 9.95 7.94 12.58 10.92 9.01 8.75 12.64
4.52 7.32 3.57 5.68 7.22 7.27 7.85 6.97 8.26 7.67 6.96 7.41 8.83
Operating Profit 0.78 0.11 0.02 1.85 2.96 1.29 2.10 0.97 4.32 3.25 2.05 1.34 3.81
OPM % 14.72% 1.48% 0.56% 24.57% 29.08% 15.07% 21.11% 12.22% 34.34% 29.76% 22.75% 15.31% 30.14%
0.01 0.07 0.05 0.21 0.20 0.08 0.35 0.30 0.20 0.16 0.26 0.04 0.03
Interest 1.22 1.18 1.27 1.23 1.16 1.24 1.25 1.32 1.31 1.28 1.38 1.28 1.25
Depreciation 1.22 1.22 1.17 1.20 1.23 1.25 1.18 1.21 1.11 1.35 1.18 1.19 1.23
Profit before tax -1.65 -2.22 -2.37 -0.37 0.77 -1.12 0.02 -1.26 2.10 0.78 -0.25 -1.09 1.36
Tax % 3.64% -14.86% -2.11% -56.76% -37.66% 58.04% 50.00% 1.59% -24.29% 10.26% 16.00% 9.17% 10.29%
-1.59 -2.54 -2.42 -0.58 1.06 -0.46 0.01 -1.25 2.60 0.71 -0.21 -0.99 1.22
EPS in Rs -2.65 -3.82 -3.64 -0.87 1.59 -0.66 0.01 -1.79 3.71 1.01 -0.30 -1.41 1.74
Raw PDF
Upcoming result date: 23 April 2024

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: 92%
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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.43% 69.43% 69.43% 65.96% 70.96% 70.95% 70.95% 70.95% 70.95% 70.95% 70.95% 70.95%
30.57% 30.57% 30.57% 34.04% 29.04% 29.04% 29.05% 29.05% 29.05% 29.05% 29.04% 29.05%
No. of Shareholders 4,9434,9044,9244,8284,8344,7254,6594,6574,6984,8295,0556,270

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