The Byke Hospitality Ltd

The Byke Hospitality is engaged in the business of Hospitality.

Pros:
Company is virtually debt free.
Stock is trading at 0.67 times its book value
Stock is providing a good dividend yield of 3.10%.
Company has good consistent profit growth of 35.93% over 5 years
Cons:
Company might be capitalizing the interest cost

Peer Comparison Sector: Hotels & Restaurants // Industry: Hotels

Loading peers table ...

Quarterly Results Figures in Rs. Crores

Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018
68.01 61.90 53.59 78.70 75.79 37.07 29.41 55.04 55.89 36.68 29.85 47.12
51.85 48.64 41.61 59.91 57.64 23.82 18.14 32.80 33.93 24.56 18.33 42.03
Operating Profit 16.16 13.26 11.98 18.79 18.15 13.25 11.27 22.24 21.96 12.12 11.52 5.09
OPM % 23.76% 21.42% 22.35% 23.88% 23.95% 35.74% 38.32% 40.41% 39.29% 33.04% 38.59% 10.80%
Other Income 0.03 0.14 0.16 0.18 0.17 0.18 0.19 0.20 0.20 0.22 0.22 0.23
Interest 0.36 0.32 0.31 0.23 0.23 0.17 0.20 0.22 0.17 0.45 0.46 0.57
Depreciation 4.61 2.82 3.01 2.51 4.43 3.18 3.29 3.32 3.86 3.57 3.72 3.83
Profit before tax 11.22 10.26 8.82 16.23 13.66 10.08 7.97 18.90 18.13 8.32 7.56 0.92
Tax % 34.40% 34.60% 34.69% 34.57% 34.55% 34.62% 34.63% 34.60% 34.64% 34.62% 34.52% 34.78%
Net Profit 7.36 6.71 5.77 10.61 8.93 6.59 5.21 12.36 11.86 5.44 4.94 0.60
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Figures in Rs. Crores

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
13 18 14 15 33 49 100 154 180 230 270 177 170
9 14 12 13 29 44 82 126 143 177 208 109 119
Operating Profit 4 5 2 2 4 5 18 29 37 53 62 69 51
OPM % 29% 25% 16% 15% 12% 11% 18% 19% 21% 23% 23% 39% 30%
Other Income -1 0 0 0 0 0 0 0 0 0 1 1 1
Interest 0 0 0 0 0 1 2 2 2 2 1 1 2
Depreciation 0 0 1 1 1 1 4 5 10 12 13 14 15
Profit before tax 3 4 1 1 3 4 12 21 25 40 49 55 35
Tax % 19% 34% 34% 33% 30% 32% 33% 25% 21% 35% 35% 35%
Net Profit 2 3 1 1 2 2 8 16 20 26 32 36 23
EPS in Rs 2.32 2.18 0.39 0.34 0.50 0.52 1.85 3.83 4.80 6.26 7.98 8.98
Dividend Payout % 25% 26% 25% 66% 84% 84% 26% 19% 20% 15% 13% 11%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:25.45%
5 Years:12.12%
3 Years:-0.45%
TTM:-14.07%
Compounded Profit Growth
10 Years:29.33%
5 Years:35.93%
3 Years:21.59%
TTM:-30.98%
Return on Equity
10 Years:17.47%
5 Years:22.13%
3 Years:22.60%
Last Year:21.40%

Balance Sheet Figures in Rs. Crores

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Sep 2018
5 6 11 13 19 20 20 20 40 40 40 40 40
Reserves 4 9 19 21 44 47 52 65 60 81 113 144 154
Borrowings 0 0 0 0 0 17 20 15 12 11 8 20 20
3 4 3 4 8 10 22 27 24 29 27 32 20
Total Liabilities 12 19 33 38 71 94 114 126 137 161 189 236 234
10 13 12 12 13 47 73 78 79 84 92 103 101
CWIP 0 2 3 13 38 20 3 4 2 3 2 8 15
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
3 3 18 13 19 28 38 44 56 74 94 124 119
Total Assets 12 19 33 38 71 94 114 126 137 161 189 236 234

Cash Flows Figures in Rs. Crores

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
5 4 -11 4 0 3 16 20 16 27 28 31
-6 -6 -0 -10 -29 -19 -14 -9 -9 -18 -19 -30
1 2 14 3 29 18 -2 -10 -7 -8 -8 6
Net Cash Flow 0 -0 3 -3 1 1 -1 1 0 1 1 7

Ratios

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
ROCE % 44% 35% 6% 4% 6% 6% 16% 24% 26% 34% 34% 31%
Debtor Days 8 15 67 23 19 22 44 25 28 28 30 61
Inventory Turnover 145.00 33.10 15.61 24.64 16.79 10.24 16.67 25.65 29.82 37.51 31.69 13.89