Asian Hotels (North) Ltd

About

Asian Hotels (North) Limited was established in 1980. The Company primarily operates in one business segment i.e. Hospitality/Hotel Operations, and set up their room facilities for guests during the Asian Games in the year 1982. The Hotel started operating commercially in 1983. [1]

Key Points

Hotels
HYATT REGENCY DELHI - 507 rooms and suites [1]

See full details
  • Market Cap 174 Cr.
  • Current Price 89.7
  • High / Low 106 / 44.2
  • Stock P/E
  • Book Value 220
  • Dividend Yield 0.00 %
  • ROCE -1.97 %
  • ROE -23.8 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.41 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -21.34% over past five years.
  • Company has a low return on equity of -11.93% for last 3 years.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 99.72% of their holding.
  • Debtor days have increased from 39.50 to 77.70 days.
  • Promoter holding has decreased over last 3 years: -14.59%

Peer comparison

Sector: Hotels & Restaurants Industry: Hotels

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
65 75 76 56 66 75 55 8 11 22 32 13
48 52 50 46 49 55 48 19 19 23 34 23
Operating Profit 17 23 26 10 17 20 7 -11 -8 -2 -2 -10
OPM % 26% 31% 34% 18% 25% 27% 13% -131% -72% -8% -7% -73%
Other Income 8 2 1 4 3 1 6 0 1 1 -567 0
Interest 37 18 25 27 32 29 39 25 25 8 34 27
Depreciation 5 5 5 4 5 4 4 4 4 4 4 4
Profit before tax -18 3 -2 -17 -17 -12 -29 -39 -36 -12 -607 -40
Tax % 23% 78% 66% 12% 41% 23% -4% 26% -0% 0% -2% 0%
Net Profit -14 1 -1 -14 -11 -9 -28 -27 -33 -11 -624 -40
EPS in Rs -7.02 0.33 -0.40 -7.19 -5.85 -4.56 -14.19 -13.67 -16.83 -5.77 -320.61 -20.65

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
145 306 354 321 228 233 241 251 274 274 252 73 78
85 195 316 248 167 190 171 170 191 192 198 95 99
Operating Profit 60 111 37 73 61 43 70 81 84 81 54 -23 -22
OPM % 41% 36% 11% 23% 27% 18% 29% 32% 30% 30% 22% -31% -28%
Other Income -7 1 42 -310 7 31 46 11 31 4 15 -564 -565
Interest 12 45 89 86 74 96 118 99 99 114 127 91 93
Depreciation 7 21 34 31 11 27 23 21 20 19 18 17 17
Profit before tax 34 46 -43 -354 -17 -48 -24 -28 -4 -48 -76 -695 -696
Tax % 22% 24% -116% -4% -90% -6% 107% 42% 8% 19% 14% -0%
Net Profit 27 31 -27 60 -32 -51 2 -16 -4 -36 -59 -694 -708
EPS in Rs 23.57 15.97 -13.93 30.71 -16.54 -26.07 0.82 -8.15 -1.91 -18.33 -30.37 -356.89 -363.86
Dividend Payout % 21% 16% -11% 3% -6% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years:-13%
5 Years:-21%
3 Years:-36%
TTM:-62%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-851%
Stock Price CAGR
10 Years:-6%
5 Years:-2%
3 Years:-23%
1 Year:62%
Return on Equity
10 Years:-5%
5 Years:-8%
3 Years:-12%
Last Year:-24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
23 19 19 24 19 19 19 19 19 19 19 19
Reserves 771 757 732 837 775 745 737 721 719 684 611 409
Borrowings 157 1,025 1,099 814 980 1,071 1,123 1,154 1,141 1,183 1,212 1,265
101 572 654 346 311 265 201 196 228 255 291 310
Total Liabilities 1,040 2,373 2,504 2,016 2,085 2,100 2,080 2,090 2,108 2,142 2,133 2,003
980 2,012 2,054 1,543 1,789 1,904 1,839 1,809 1,773 1,759 1,727 1,626
CWIP 10 209 310 354 143 133 157 188 229 256 279 297
Investments 0 0 0 0 0 0 0 0 1 1 1 1
50 153 140 119 154 63 83 93 104 125 126 78
Total Assets 1,040 2,373 2,504 2,016 2,085 2,100 2,080 2,090 2,108 2,142 2,133 2,003

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
55 161 163 77 1 -3 54 85 109 105 110 41
-393 -587 -106 -188 12 -19 16 -14 5 -26 -1 1
312 427 -50 106 13 -7 -64 -70 -117 -83 -112 -43
Net Cash Flow -25 1 7 -5 26 -29 6 1 -3 -4 -3 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 24 18 15 13 16 15 16 16 16 22 19 78
Inventory Days 149 115 91 60 76 57 92 110 117 106 103 187
Days Payable 184 123 154 129 173 332 421 495 488 598 829 3,033
Cash Conversion Cycle -11 9 -48 -56 -81 -259 -313 -369 -355 -470 -708 -2,768
Working Capital Days -99 -117 -173 -254 -314 -242 -145 -128 -137 -153 -223 -2,417
ROCE % 7% 3% 4% 5% 1% 3% 4% 4% 3% 2% -2%

Shareholding Pattern

Numbers in percentages

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
72.49 72.49 72.49 72.49 72.36 72.36 59.29 57.98 57.98 57.98 57.98 57.91
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00
0.17 0.14 0.14 0.14 0.14 0.14 0.14 0.13 0.13 0.13 0.13 0.13
27.34 27.37 27.37 27.37 27.50 27.50 40.56 41.87 41.87 41.87 41.87 41.96

Documents