Advani Hotels & Resorts (India) Ltd

About [ edit ]

Advani Hotels & Resorts (India) is engaged in the Hotel Business through its "Caravela Beach Resort", a five-star Deluxe Resort situated in Varca Beach, South Goa.
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Key Points [ edit ]
  • Market Cap 251 Cr.
  • Current Price 54.5
  • High / Low 70.0 / 31.1
  • Stock P/E
  • Book Value 8.38
  • Dividend Yield 3.49 %
  • ROCE 27.4 %
  • ROE 22.1 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is providing a good dividend yield of 3.49%.
  • Company has been maintaining a healthy dividend payout of 65.57%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.66% over past five years.
  • Company's cost of borrowing seems high

Peer comparison

Sector: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
19.67 15.02 12.32 20.09 22.85 16.36 11.53 21.98 20.26 0.01 0.00 12.24
12.53 12.98 12.57 15.57 12.98 13.48 12.55 13.92 13.20 5.71 4.28 9.43
Operating Profit 7.14 2.04 -0.25 4.52 9.87 2.88 -1.02 8.06 7.06 -5.70 -4.28 2.81
OPM % 36.30% 13.58% -2.03% 22.50% 43.19% 17.60% -8.85% 36.67% 34.85% -57,000.00% 22.96%
Other Income 0.19 0.23 0.20 0.22 0.81 0.21 0.21 0.17 0.44 0.20 0.10 0.10
Interest 0.01 0.01 0.02 0.02 0.01 0.02 0.02 0.05 0.13 0.04 0.03 0.03
Depreciation 0.89 0.92 0.93 0.91 0.90 0.92 0.91 0.83 1.09 0.85 0.83 0.80
Profit before tax 6.43 1.34 -1.00 3.81 9.77 2.15 -1.74 7.35 6.28 -6.39 -5.04 2.08
Tax % 33.75% -86.57% 19.00% 26.77% 29.58% 12.56% 14.94% 15.24% 26.27% 25.98% 24.40% 22.12%
Net Profit 4.26 2.50 -0.81 2.79 6.88 1.88 -1.47 6.22 4.63 -4.74 -3.81 1.61
EPS in Rs 0.92 0.54 -0.18 0.60 1.49 0.41 -0.32 1.35 1.00 -1.03 -0.82 0.35

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
30.57 31.73 34.29 36.63 38.68 39.76 48.48 53.10 59.64 62.48 70.28 70.13 32.51
31.32 30.66 30.45 29.15 30.55 32.74 37.14 39.51 42.49 47.22 54.09 53.13 32.62
Operating Profit -0.75 1.07 3.84 7.48 8.13 7.02 11.34 13.59 17.15 15.26 16.19 17.00 -0.11
OPM % -2.45% 3.37% 11.20% 20.42% 21.02% 17.66% 23.39% 25.59% 28.76% 24.42% 23.04% 24.24% -0.34%
Other Income 4.40 4.11 1.71 0.46 0.79 1.34 0.37 0.88 1.22 1.23 1.45 1.03 0.84
Interest 1.66 1.23 1.32 1.84 1.63 2.17 1.69 1.04 0.32 0.06 0.06 0.23 0.23
Depreciation 2.51 2.49 2.48 2.71 2.92 3.17 4.50 4.05 3.69 3.52 3.65 3.74 3.57
Profit before tax -0.52 1.46 1.75 3.39 4.37 3.02 5.52 9.38 14.36 12.91 13.93 14.06 -3.07
Tax % 109.62% 47.26% -5.71% 33.92% 40.05% 25.17% 34.78% 31.77% 37.81% 33.08% 18.38% 19.84%
Net Profit 0.05 0.77 1.85 2.24 2.63 2.26 3.60 6.40 8.93 8.63 11.37 11.26 -2.31
EPS in Rs 0.01 0.17 0.40 0.48 0.57 0.49 0.78 1.38 1.93 1.87 2.46 2.44 -0.50
Dividend Payout % 0.00% 60.00% 49.95% 49.50% 45.67% 49.06% 53.90% 34.65% 31.04% 37.47% 81.27% 77.96%
Compounded Sales Growth
10 Years:8%
5 Years:8%
3 Years:6%
TTM:-55%
Compounded Profit Growth
10 Years:69%
5 Years:25%
3 Years:8%
TTM:-117%
Stock Price CAGR
10 Years:4%
5 Years:3%
3 Years:-2%
1 Year:66%
Return on Equity
10 Years:16%
5 Years:21%
3 Years:21%
Last Year:22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
9.24 9.24 9.24 9.24 9.24 9.24 9.24 9.24 9.24 9.24 9.24 9.24 9.24
Reserves 19.81 20.04 20.82 21.77 23.00 23.97 24.75 28.49 32.40 38.34 45.24 38.05 29.50
Borrowings 12.54 15.74 7.32 12.24 14.30 17.99 14.84 7.75 0.75 0.73 1.69 0.90 0.56
11.89 13.03 14.03 15.63 14.55 17.21 15.29 17.06 18.66 22.87 19.88 19.46 16.94
Total Liabilities 53.48 58.05 51.41 58.88 61.09 68.41 64.12 62.54 61.05 71.18 76.05 67.65 56.24
44.46 42.12 41.39 47.43 48.38 58.80 55.85 53.02 50.29 50.78 48.67 47.15 45.38
CWIP 0.18 0.04 0.03 1.72 3.08 1.01 0.80 0.61 0.61 0.00 0.00 0.00 0.00
Investments 0.01 2.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.07 11.22 4.17
8.83 13.66 9.99 9.73 9.63 8.60 7.47 8.91 10.15 20.40 8.31 9.28 6.69
Total Assets 53.48 58.05 51.41 58.88 61.09 68.41 64.12 62.54 61.05 71.18 76.05 67.65 56.24

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
0.97 3.07 1.48 8.01 7.65 10.03 9.77 12.44 14.01 15.40 11.40 13.91
15.83 -6.60 9.68 -9.55 -6.49 -11.38 -2.28 -1.64 -0.77 -3.14 -19.77 7.50
-16.10 2.97 -10.05 2.45 -2.71 1.23 -7.77 -11.46 -10.89 -2.77 -3.56 -20.07
Net Cash Flow 0.70 -0.56 1.11 0.91 -1.55 -0.12 -0.28 -0.66 2.35 9.49 -11.94 1.34

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 8.41% 3.12% 4.98% 13.72% 14.08% 11.11% 14.78% 22.18% 33.41% 28.86% 26.78% 27.37%
Debtor Days 20.89 24.62 27.57 18.83 29.35 25.89 15.58 28.87 17.07 18.64 17.76 13.53
Inventory Turnover 3.54 4.16 5.17 4.90 4.96 4.67 4.78 5.12 6.70 7.04 7.91 7.19

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
50.17 50.17 50.17 50.17 50.17 50.17 50.17 50.17 50.17 50.17 50.17 50.17
0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11
49.73 49.73 49.73 49.73 49.73 49.73 49.72 49.73 49.73 49.72 49.72 49.72

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