The Byke Hospitality Ltd // Hotels

to
105.30
Pros:
Company has reduced debt.
Company is virtually debt free.
Company has good consistent profit growth of 67.56% over 5 years
Cons:

Peer Comparison

S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
1. EIH 174.05 55.21 9947.83 0.52 7.83
2. Indian Hotels 124.05 114.02 14752.75 0.32 9.10 100.74 979.70 7.52 6.51
3. Mahindra Holiday 258.90 29.87 3457.71 1.54 13.73 -57.54 234.54 -12.19 12.17
4. EIH Assoc.Hotels 414.20 35.37 1262.07 1.09 1.89 -52.87 47.35 -8.98 23.14
5. The Byke Hospi. 105.30 12.11 422.23 0.95 5.44 -17.45 36.68 -1.05 38.05
6. TajGVK Hotels 203.70 54.14 1277.23 0.29 4.53 131.12 72.62 22.17 15.12
7. Mac Charles(I) 340.00 19.31 445.40 2.94 5.23 -17.77 19.32 5.29 11.67

Quarterly Results Figures in Rs. Crores

Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018
45.40 69.97 68.01 61.90 53.59 78.70 75.79 37.07 29.41 55.04 55.89 36.68
35.30 53.40 51.85 48.64 41.61 59.91 57.64 23.83 18.15 32.80 33.92 24.56
Operating Profit 10.10 16.57 16.16 13.26 11.98 18.79 18.15 13.24 11.26 22.24 21.97 12.12
OPM % 22.25% 23.68% 23.76% 21.42% 22.35% 23.88% 23.95% 35.72% 38.29% 40.41% 39.31% 33.04%
Other Income 0.04 0.04 0.03 0.14 0.16 0.18 0.17 0.18 0.19 0.20 0.20 0.22
Depreciation 2.29 2.42 4.61 2.82 3.01 2.51 4.43 3.18 3.29 3.32 3.86 3.57
Interest 0.40 0.33 0.36 0.32 0.31 0.23 0.23 0.17 0.20 0.22 0.17 0.45
Profit before tax 7.45 13.85 11.22 10.26 8.82 16.23 13.66 10.08 7.97 18.90 18.13 8.32
Tax 2.58 4.81 3.86 3.55 3.06 5.61 4.72 3.49 2.76 6.54 6.28 2.88
Net Profit 4.87 9.04 7.36 6.71 5.77 10.61 8.93 6.59 5.21 12.36 11.86 5.44

Profit & Loss Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 TTM
10 13 18 14 15 33 49 100 154 180 230 268 177
7 10 14 12 13 29 44 82 126 143 177 205 109
Operating Profit 3 3 5 2 2 4 5 18 29 37 53 62 68
OPM % 31.99% 24.9% 25.2% 15.81% 15.24% 11.76% 10.54% 17.6% 18.54% 20.73% 22.93% 23.25% 38.18%
Other Income 0 0 0 0 0 0 0 1 0 0 0 0 1
Interest 0 0 0 0 0 0 1 2 2 2 2 1 1
Depreciation 0 0 0 1 1 1 1 4 5 10 12 13 14
Profit before tax 3 3 4 1 1 3 4 12 21 25 40 48 53
Tax 0 1 1 0 0 1 1 4 5 5 14 17 18
Net Profit 3 2 3 1 1 2 2 8 16 20 26 32 35
EPS (unadj) 6.10 4.65 4.36 0.77 0.67 1.00 1.03 3.70 7.67 4.80 6.26 7.70
Dividend Payout % 16.03% 24.73% 26.4% 24.83% 66.05% 83.92% 83.54% 25.84% 18.93% 20.02% 15.46% 12.65%
Compounded Sales Growth
10 Years:34.67%
5 Years:40.41%
3 Years:20.17%
TTM:-27.79%
Compounded Profit Growth
10 Years:31.21%
5 Years:67.56%
3 Years:25.88%
TTM:9.31%
Return on Equity
10 Years:16.34%
5 Years:20.92%
3 Years:23.01%
TTM:23.55%

Balance Sheet Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
5 5 6 11 13 19 20 20 20 40 40 40
Reserves 2 4 9 19 21 44 47 52 65 60 81 108
Borrowings 0 0 0 0 0 0 17 20 15 12 11 8
5 3 4 3 4 8 10 22 27 24 29 32
Total Liabilities 12 12 19 33 38 71 94 114 126 137 161 189
1 10 13 12 12 13 47 73 78 79 84 92
CWIP 0 0 2 3 13 38 20 3 4 2 3 2
Investments 4 0 0 0 0 0 0 0 0 0 0 0
7 3 3 18 13 19 28 38 44 56 74 94
Total Assets 12 12 19 33 38 71 94 114 126 137 161 189

Cash Flows Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
1 5 4 -11 4 0 3 16 20 16 27 29
-1 -6 -6 0 -10 -29 -19 -15 -9 -9 -18 -20
0 1 2 14 3 29 18 -2 -10 -7 -8 -8
Net Cash Flow 0 0 0 3 -3 1 1 -1 1 0 1 1