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 25.4
  • Book Value -11.5
  • Dividend Yield 0.00 %
  • ROCE 19.1 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 20.5% CAGR over last 5 years

Cons

* 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

Consolidated Figures in Rs. Crores / View Standalone

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
35 34 110 98 109 90 96 110 115 89 114 111 122
27 36 59 61 67 51 58 61 69 55 59 62 67
Operating Profit 8 -2 51 37 42 38 38 49 46 34 55 49 54
OPM % 22% -5% 47% 38% 39% 43% 39% 44% 40% 38% 49% 44% 45%
2 2 2 5 5 2 2 -16 -5 2 2 2 -18
Interest 25 24 20 28 86 19 18 18 13 14 13 12 14
Depreciation 13 13 9 9 10 9 9 13 10 11 12 10 10
Profit before tax -28 -37 24 5 -48 13 13 1 17 11 32 29 12
Tax % -0% 1% -0% 65% -19% -37% -38% -272% 105% 28% 24% 24% 13%
-28 -37 24 2 -39 18 18 5 -1 8 24 22 11
EPS in Rs -24.38 -32.07 20.74 1.43 -33.71 15.09 15.50 4.38 -0.82 6.93 20.95 18.58 9.30
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
274 319 364 385 432 431 131 159 347 400 411 435
220 239 256 262 282 278 132 136 202 229 235 243
Operating Profit 55 80 108 123 150 153 -0 23 145 171 176 192
OPM % 20% 25% 30% 32% 35% 35% -0% 14% 42% 43% 43% 44%
2 4 18 15 25 16 11 11 10 13 -17 -11
Interest 95 96 102 91 90 107 108 93 89 153 73 54
Depreciation 49 52 55 56 47 52 52 61 38 38 41 43
Profit before tax -88 -64 -31 -10 38 9 -149 -120 28 -7 45 85
Tax % -1% -4% 2% 18% -94% 89% -0% -2% -17% -183% 11% 23%
-87 -61 -31 -11 74 1 -149 -118 32 6 40 65
EPS in Rs -62.03 -44.13 -27.26 -7.53 64.23 0.85 -127.75 -100.85 27.84 4.73 34.16 55.77
Dividend Payout % -0% -2% -4% -13% 2% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 27%
3 Years: 8%
TTM: 6%
Compounded Profit Growth
10 Years: 14%
5 Years: 21%
3 Years: 36%
TTM: 26%
Stock Price CAGR
10 Years: 17%
5 Years: 23%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 11 11 11 12 12 12 12 12 12 12 12
Reserves 215 163 124 114 110 99 -49 -167 -135 -129 -90 -25
734 756 779 763 792 964 1,006 1,004 959 999 915 839
227 213 207 216 183 82 80 121 143 111 117 151
Total Liabilities 1,188 1,144 1,122 1,105 1,096 1,156 1,049 970 979 993 954 977
994 944 923 886 848 985 928 865 828 794 773 768
CWIP 0 10 9 3 1 1 5 6 1 2 3 0
Investments 0 0 0 8 1 0 0 0 0 0 0 0
193 190 190 207 246 170 116 98 150 196 178 209
Total Assets 1,188 1,144 1,122 1,105 1,096 1,156 1,049 970 979 993 954 977

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
33 77 83 144 169 152 18 70 155 152 138 203
-12 -12 -24 -31 -131 -23 31 22 -4 -9 1 -24
-5 -71 -58 -96 -56 -123 -61 -94 -117 -124 -151 -121
Net Cash Flow 16 -6 1 16 -18 6 -11 -2 34 18 -12 57
Free Cash Flow 21 65 61 128 160 131 17 71 155 145 118 160
CFO/OP 67% 99% 79% 120% 118% 104% -4,500% 298% 105% 89% 78% 106%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 20 15 19 21 17 12 29 23 21 14 14 15
Inventory Days 89 79 76
Days Payable 260 226 190
Cash Conversion Cycle -150 -132 -96 21 17 12 29 23 21 14 14 15
Working Capital Days -57 -54 -19 -20 -36 -58 -890 -824 -379 -402 -419 -413
ROCE % 1% 3% 8% 9% 14% 12% -4% -3% 14% 17% 17% 19%

Insights

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

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

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.

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