Asian Hotels (West) Ltd

Asian Hotels (West) Ltd

₹ 636 -2.12%
26 May - close price
About

AHWL was incorporated in 2007, pursuant to a demerger from Asian Hotels Limited, and the Hyatt Regency Mumbai property was vested in the Company.

The Company operates a 401-room five-star hotel in Mumbai, in partnership with Hyatt Hotels India for branding, operations, and marketing under the Hyatt Regency brand.[1]

Key Points

Business Overview & Outlook[1]
The company operates in the hospitality sector, offering lodging and event hospitality services catering to both leisure and business travelers. Having completed its Corporate Insolvency Resolution Process (CIRP), it is now focused on operational stabilization, rebuilding stakeholder relationships, and adapting to evolving industry trends, including digital platforms and shifting customer preferences. Future performance will hinge on the effective execution of these strategies and the broader recovery of the hospitality sector.

  • Market Cap 2,059 Cr.
  • Current Price 636
  • High / Low 751 / 137
  • Stock P/E
  • Book Value 86.2
  • Dividend Yield 0.00 %
  • ROCE -1.46 %
  • ROE -8.16 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 7.38 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -23.5% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

Sep 2020 Dec 2020 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
9.70 7.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
9.76 10.73 2.28 0.90 3.78 0.63 0.40 1.04 2.69 0.41 0.64 0.75 5.08
Operating Profit -0.06 -3.11 -2.28 -0.90 -3.78 -0.63 -0.40 -1.04 -2.69 -0.41 -0.64 -0.75 -5.08
OPM % -0.62% -40.81%
1.05 1.17 1.66 4.00 3.93 1.19 1.60 -17.28 -6.66 1.40 1.43 1.44 1.52
Interest 6.68 6.31 0.11 7.65 18.83 0.11 0.11 1.22 1.85 0.16 0.17 0.17 2.15
Depreciation 2.30 2.31 1.77 1.75 1.69 0.89 2.45 1.65 1.72 1.60 1.58 1.57 1.56
Profit before tax -7.99 -10.56 -2.50 -6.30 -20.37 -0.44 -1.36 -21.19 -12.92 -0.77 -0.96 -1.05 -7.27
Tax % -1.00% 4.17% -4.80% -2.06% -1.77% -131.82% -54.41% 2.27% 9.44% 0.00% -30.21% -15.24% -14.31%
-7.91 -11.00 -2.38 -6.18 -20.01 0.14 -0.62 -21.67 -14.13 -0.77 -0.67 -0.88 -6.23
EPS in Rs -6.79 -9.44 -2.04 -5.30 -17.17 0.12 -0.53 -18.60 -12.13 -0.66 -0.58 -0.76 -5.35
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
134.37 131.58 135.71 138.54 148.84 137.18 35.04 5.57 0.00 0.00 0.00 0.00
104.52 104.71 103.48 106.43 108.82 104.56 43.76 21.19 5.17 10.19 4.75 6.88
Operating Profit 29.85 26.87 32.23 32.11 40.02 32.62 -8.72 -15.62 -5.17 -10.19 -4.75 -6.88
OPM % 22.21% 20.42% 23.75% 23.18% 26.89% 23.78% -24.89% -280.43%
1.54 4.15 14.28 13.10 10.27 6.18 5.25 5.36 5.47 9.82 -21.16 5.79
Interest 21.87 23.09 29.36 23.29 26.25 27.03 35.66 21.89 10.43 72.97 3.29 2.65
Depreciation 12.74 14.66 15.14 15.95 7.46 8.93 9.12 9.75 7.35 6.99 6.70 6.30
Profit before tax -3.22 -6.73 2.01 5.97 16.58 2.84 -48.25 -41.90 -17.48 -80.33 -35.90 -10.04
Tax % -33.54% -42.35% 27.36% 29.65% -60.86% -26.41% -1.33% -4.84% -1.83% -0.57% 1.06% -14.84%
-2.14 -3.87 1.47 4.20 26.66 3.59 -47.61 -39.86 -17.16 -79.86 -36.28 -8.55
EPS in Rs -1.87 -3.38 1.28 3.67 22.88 3.08 -40.86 -34.21 -14.73 -68.54 -31.14 -7.34
Dividend Payout % -53.55% -29.61% 77.96% 27.29% 4.37% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 15%
TTM: 12%
Stock Price CAGR
10 Years: 17%
5 Years: 23%
3 Years: %
1 Year: %
Return on Equity
10 Years: -7%
5 Years: -17%
3 Years: -24%
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 11.46 11.46 11.46 11.46 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65
Reserves 275.70 270.45 281.98 285.00 316.04 317.96 270.53 230.67 213.51 133.64 97.36 88.82
167.27 167.60 205.91 189.54 233.93 244.25 270.45 271.31 267.12 380.06 401.10 401.25
56.98 57.86 57.90 63.43 49.00 45.83 44.54 70.90 98.50 65.39 57.23 52.31
Total Liabilities 511.41 507.37 557.25 549.43 610.62 619.69 597.17 584.53 590.78 590.74 567.34 554.03
256.97 243.18 244.42 238.51 236.23 262.94 254.20 243.16 235.18 228.20 223.40 520.67
CWIP 0.07 9.13 8.04 2.06 0.56 0.00 0.10 0.10 0.10 0.10 0.00 23.89
Investments 197.41 197.41 223.52 240.43 327.49 327.48 327.49 327.50 327.51 327.52 327.53 0.07
56.96 57.65 81.27 68.43 46.34 29.27 15.38 13.77 27.99 34.92 16.41 9.40
Total Assets 511.41 507.37 557.25 549.43 610.62 619.69 597.17 584.53 590.78 590.74 567.34 554.03

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
32.07 33.50 5.16 41.32 61.38 36.54 1.14 5.36 14.38 -36.55 -24.41 -5.50
-33.02 -9.97 -15.33 -12.71 -87.46 -7.08 1.04 1.67 0.01 4.18 0.02 0.03
2.75 -22.91 10.73 -29.57 23.51 -22.29 -9.53 -5.52 -1.47 30.39 18.72 -0.30
Net Cash Flow 1.80 0.63 0.55 -0.95 -2.56 7.17 -7.35 1.51 12.92 -1.97 -5.67 -5.77
Free Cash Flow 27.91 23.46 -10.16 37.06 57.96 31.87 -0.21 6.65 14.38 -36.55 -24.42 -5.50
CFO/OP 116% 132% 21% 133% 164% 121% -26% -31% -290% 349% 531% 82%

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 14.75 13.12 18.93 24.53 17.73 17.43 31.04 27.52
Inventory Days 91.11 91.47 97.41 70.85
Days Payable 126.19 167.11 155.21 119.09
Cash Conversion Cycle -20.34 -62.53 -38.87 -23.72 17.73 17.43 31.04 27.52
Working Capital Days -48.51 -61.42 30.10 25.82 -58.39 -79.05 -2,852.50 -20,124.15
ROCE % 4.30% 3.65% 6.62% 6.08% 8.24% 5.26% -2.23% -3.76% -1.40% -1.45% -1.12% -1.46%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Average Occupancy - Hyatt Regency Mumbai
%

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Average Room Rate (ARR) - Hyatt Regency Mumbai
INR
Number of Rooms - Hyatt Regency Mumbai
Rooms
Number of Rooms - JW Marriott New Delhi Aerocity
Rooms
Revenue Per Available Room (RevPAR) - Hyatt Regency Mumbai
INR
Employee Strength (Standalone)
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
70.72% 70.72% 70.72% 70.72% 70.72% 70.72% 71.39% 71.39% 71.39% 72.02% 72.07% 72.11%
0.57% 0.57% 0.57% 0.57% 0.57% 0.57% 0.57% 0.57% 0.57% 0.57% 0.57% 0.57%
28.71% 28.71% 28.71% 28.71% 28.71% 28.71% 28.03% 28.02% 28.02% 27.39% 27.35% 27.30%
No. of Shareholders 9,0959,0919,0929,0959,0929,0929,0958,7198,7138,2857,8467,845

* 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.

Click on the line-items to see the names of individual entities.

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