Sinclairs Hotels Ltd

Sinclairs Hotels Ltd

₹ 74.1 -0.52%
22 May - close price
About

Sinclairs Hotels has 4-star properties in eight locations in India - 5 in West Bengal and
one each at Ooty in Tamil Nadu, Port Blair in the Andamans and Gangtok in Sikkim. The company owns and operates hotels/resorts at prime locations in Burdwan, Darjeeling, Dooars, Kalimpong, Ooty, Port Blair Siliguri and Gangtok.
As of FY2020, it has a total of 396 rooms, 24 suites, 2 villas and several restaurants & banquets across all its hotels.

Key Points

Hotels[1]
1) Sinclairs Burdwan - 24 rooms
2) Sinclairs Darjeeling - 47 rooms
3) Sinclairs Retreat Dooars - 71 rooms
4) Sinclairs Retreat Kalimpong - 48 rooms
5) Sinclairs Siliguri - 49 rooms
6) Sinclairs Retreat Ooty - 85 rooms
7) Sinclairs Bayview Port Blair - 46 rooms
8) Sinclairs Gangtok - 60 rooms
9) Sinclairs Yangang - 17 rooms

  • Market Cap 380 Cr.
  • Current Price 74.1
  • High / Low 115 / 68.8
  • Stock P/E 42.0
  • Book Value 23.6
  • Dividend Yield 1.08 %
  • ROCE 10.2 %
  • ROE 7.63 %
  • Face Value 2.00

Pros

  • Company has been maintaining a healthy dividend payout of 33.2%
  • Promoter holding has increased by 0.94% over last quarter.

Cons

  • Stock is trading at 3.14 times its book value
  • Company has a low return on equity of 12.0% over last 3 years.
  • Working capital days have increased from 98.5 days to 354 days

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
13.41 18.46 8.52 14.07 14.82 16.55 8.08 14.43 14.37 15.69 8.98 17.80 16.76
7.93 8.96 7.38 8.31 9.14 9.12 7.31 11.23 9.45 9.74 9.28 10.57 11.43
Operating Profit 5.48 9.50 1.14 5.76 5.68 7.43 0.77 3.20 4.92 5.95 -0.30 7.23 5.33
OPM % 40.87% 51.46% 13.38% 40.94% 38.33% 44.89% 9.53% 22.18% 34.24% 37.92% -3.34% 40.62% 31.80%
19.71 3.37 1.80 2.05 2.04 2.89 3.73 0.36 1.21 3.79 0.31 2.90 -3.06
Interest 0.25 0.27 0.26 0.26 0.25 0.25 0.35 0.55 0.52 0.51 0.81 0.80 0.79
Depreciation 1.35 1.33 1.33 1.15 1.07 1.03 1.15 1.44 1.41 1.39 1.96 1.97 1.98
Profit before tax 23.59 11.27 1.35 6.40 6.40 9.04 3.00 1.57 4.20 7.84 -2.76 7.36 -0.50
Tax % 15.64% 24.84% 5.93% 14.53% 16.88% 24.34% 25.33% 28.66% 10.00% 21.17% -26.09% 21.60% 72.00%
19.90 8.48 1.27 5.47 5.32 6.85 2.24 1.12 3.78 6.18 -2.04 5.77 -0.86
EPS in Rs 3.66 1.56 0.23 1.07 1.04 1.34 0.44 0.22 0.74 1.21 -0.40 1.13 -0.17
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
29.26 39.04 47.11 45.91 45.75 45.45 17.27 30.32 53.78 55.88 53.42 59.24
18.30 22.18 26.72 26.63 27.75 28.43 12.84 19.26 31.71 33.54 34.82 40.27
Operating Profit 10.96 16.86 20.39 19.28 18.00 17.02 4.43 11.06 22.07 22.34 18.60 18.97
OPM % 37.46% 43.19% 43.28% 42.00% 39.34% 37.45% 25.65% 36.48% 41.04% 39.98% 34.82% 32.02%
0.68 0.99 2.14 2.26 3.83 1.72 5.87 4.01 22.44 9.25 6.16 3.18
Interest 0.13 0.18 0.21 0.21 0.22 0.20 0.62 1.19 1.36 1.29 1.92 2.91
Depreciation 4.48 6.54 8.01 7.38 7.53 6.76 5.45 4.54 4.71 4.87 5.03 7.30
Profit before tax 7.03 11.13 14.31 13.95 14.08 11.78 4.23 9.34 38.44 25.43 17.81 11.94
Tax % 32.57% 36.66% 35.01% 15.84% 30.82% 19.44% 17.02% 23.77% 18.76% 19.23% 21.39% 24.12%
4.74 7.05 9.30 11.74 9.75 9.49 3.51 7.13 31.23 20.54 14.00 9.05
EPS in Rs 0.85 1.27 1.68 2.12 1.76 1.71 0.63 1.28 5.75 4.01 2.73 1.77
Dividend Payout % 47.00% 31.60% 23.96% 18.98% 34.28% 23.48% 63.48% 39.06% 13.04% 24.95% 29.29% 45.30%
Compounded Sales Growth
10 Years: 4%
5 Years: 28%
3 Years: 3%
TTM: 11%
Compounded Profit Growth
10 Years: 3%
5 Years: 34%
3 Years: -17%
TTM: -34%
Stock Price CAGR
10 Years: 9%
5 Years: 19%
3 Years: 7%
1 Year: -20%
Return on Equity
10 Years: 10%
5 Years: 11%
3 Years: 12%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5.57 5.57 5.57 5.57 5.57 5.57 5.57 5.57 5.43 10.25 10.25 10.25
Reserves 65.36 71.04 79.04 88.00 95.07 100.60 101.98 106.95 123.10 97.04 105.83 110.91
0.00 0.00 0.00 0.00 0.00 0.00 10.85 10.30 10.81 10.19 20.62 34.39
13.54 13.13 13.68 13.98 15.07 12.99 12.20 12.58 12.87 11.89 11.91 11.94
Total Liabilities 84.47 89.74 98.29 107.55 115.71 119.16 130.60 135.40 152.21 129.37 148.61 167.49
57.32 69.15 65.97 59.98 62.80 58.01 63.98 60.53 55.14 50.94 60.29 74.17
CWIP 17.45 4.81 0.19 0.46 0.06 0.00 0.08 0.00 0.00 0.00 0.00 0.00
Investments 2.99 6.72 27.77 41.72 48.08 56.13 62.31 69.77 92.02 71.82 78.54 87.41
6.71 9.06 4.36 5.39 4.77 5.02 4.23 5.10 5.05 6.61 9.78 5.91
Total Assets 84.47 89.74 98.29 107.55 115.71 119.16 130.60 135.40 152.21 129.37 148.61 167.49

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
10.26 14.04 20.19 16.93 14.33 11.46 3.31 8.37 17.83 15.49 10.60
-8.01 -8.67 -20.29 -13.51 -12.10 -7.64 -0.86 -5.09 -0.71 28.75 -3.05
-2.68 -5.35 0.00 -2.68 -2.69 -4.03 -2.65 -3.25 -16.95 -43.53 -7.83
Net Cash Flow -0.43 0.02 -0.10 0.73 -0.46 -0.21 -0.20 0.03 0.16 0.70 -0.28
Free Cash Flow -1.00 8.29 19.70 15.26 5.46 9.56 3.03 7.21 35.87 14.91 8.32
CFO/OP 108% 98% 112% 103% 95% 96% 104% 102% 99% 97% 73%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 10.48 12.62 11.08 9.30 9.17 6.59 10.78 8.55 9.16 7.32 9.02 8.69
Inventory Days 34.35 30.23 15.52 33.24 25.69 23.63 33.33 39.18 17.61 14.43 18.50 11.24
Days Payable 118.09 87.66 68.90 111.94 99.49 108.97 233.33 179.63 115.26 88.00 78.05 83.90
Cash Conversion Cycle -73.26 -44.81 -42.30 -69.40 -64.62 -78.76 -189.22 -131.91 -88.49 -66.26 -50.54 -63.97
Working Capital Days -78.71 -19.26 -17.05 -22.90 -24.73 -25.22 -69.53 -56.70 -32.17 -30.90 -27.95 354.34
ROCE % 10.02% 14.67% 16.78% 14.54% 13.88% 11.17% 2.75% 8.37% 15.72% 19.18% 15.33% 10.16%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Total Room Inventory (Keys)
Rooms

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Number of Hotel Properties
Number
Property-wise Room Count: Sinclairs Retreat Dooars
Rooms
Property-wise Room Count: Sinclairs Retreat Ooty
Rooms
EBIDTA Margin
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

8 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
62.78% 62.78% 62.67% 62.67% 62.67% 62.67% 62.67% 62.67% 62.67% 62.67% 62.67% 63.60%
0.00% 0.05% 0.05% 0.05% 0.15% 0.06% 0.07% 0.01% 0.01% 0.40% 0.04% 0.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.12%
37.22% 37.17% 37.28% 37.29% 37.18% 37.28% 37.26% 37.32% 37.32% 36.94% 37.30% 36.26%
No. of Shareholders 10,88813,83112,83819,24219,96219,75518,72918,37517,98118,28917,63717,247

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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