Chalet Hotels Ltd

Chalet Hotels Ltd

₹ 818 -0.99%
18 Jun 4:10 p.m.
About

Chalet Hotels is engaged in the business of hospitality (hotels), commercial and retail operations and real estate development.(Source : 202003-01 Annual Report Page No:113)

Key Points

Property Portfolio
The company owns several hotels and properties, including Novotel Pune Nagar Road Hotel (223 keys), JW Marriott Mumbai Sahar (588 keys), Bengaluru Marriott Hotel Whitefield (391 keys), The Westin Hyderabad Mindspace (427 keys), Four Points by Sheraton Navi Mumbai, Vashi (152 keys), and a few more, and The Orb, an office tower at Sahar, Mumbai. [1]

  • Market Cap 17,846 Cr.
  • Current Price 818
  • High / Low 959 / 401
  • Stock P/E 64.2
  • Book Value 90.1
  • Dividend Yield 0.00 %
  • ROCE 9.88 %
  • ROE 16.4 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 135% CAGR over last 5 years

Cons

  • Stock is trading at 9.08 times its book value
  • Promoter holding has decreased over last quarter: -4.17%
  • Tax rate seems low
  • Company has a low return on equity of 7.92% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 31.9% of their holding.

* 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.

Peer comparison

Sector: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
95 70 128 164 148 253 248 290 338 311 315 374 418
94 78 93 124 117 151 163 176 186 201 189 208 235
Operating Profit 1 -9 36 40 31 102 85 113 152 110 126 166 183
OPM % 1% -13% 28% 25% 21% 40% 34% 39% 45% 35% 40% 44% 44%
3 5 6 -5 4 6 4 93 -11 4 4 6 6
Interest 35 36 39 34 36 39 38 37 41 45 50 48 53
Depreciation 29 29 30 28 30 30 30 28 30 31 35 35 37
Profit before tax -60 -69 -28 -26 -30 39 21 141 71 37 44 89 99
Tax % 57% 40% 50% 45% 62% 27% 26% 27% 49% -138% 18% 20% 17%
-26 -42 -14 -14 -11 29 16 102 37 89 36 71 82
EPS in Rs -1.27 -2.03 -0.67 -0.71 -0.56 1.39 0.77 4.99 1.79 4.32 1.77 3.44 4.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
501 441 582 737 796 987 981 286 508 1,128 1,417
403 377 446 624 551 668 644 279 409 676 833
Operating Profit 98 64 136 113 245 319 337 7 98 453 585
OPM % 20% 14% 23% 15% 31% 32% 34% 2% 19% 40% 41%
-42 18 13 311 -66 44 24 14 11 92 20
Interest 137 161 216 218 212 266 146 152 144 154 197
Depreciation 60 62 99 127 112 115 113 117 118 117 138
Profit before tax -141 -141 -166 79 -145 -18 101 -248 -153 273 269
Tax % 23% 10% 32% -61% 36% 58% 1% 44% 47% 33% -3%
-109 -126 -112 127 -93 -8 100 -139 -81 183 278
EPS in Rs -7.15 -8.31 -7.39 8.38 -5.43 -0.37 5.01 -6.78 -3.98 8.94 13.54
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 7%
Compounded Sales Growth
10 Years: 11%
5 Years: 8%
3 Years: 71%
TTM: 26%
Compounded Profit Growth
10 Years: 25%
5 Years: 135%
3 Years: 59%
TTM: 77%
Stock Price CAGR
10 Years: %
5 Years: 21%
3 Years: 66%
1 Year: 95%
Return on Equity
10 Years: 1%
5 Years: 4%
3 Years: 8%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 152 152 152 152 171 205 205 205 205 205 205
Reserves 508 480 365 315 324 1,218 1,350 1,211 1,136 1,337 1,646
Preference Capital 0 0 0 0 16 52 111 119 175 186
1,759 2,072 2,351 2,636 2,709 1,494 1,791 1,939 2,422 2,667 3,005
567 538 487 449 448 614 690 664 701 748 893
Total Liabilities 2,987 3,242 3,355 3,552 3,652 3,531 4,035 4,019 4,465 4,957 5,750
1,276 2,295 2,390 2,839 2,819 2,753 3,019 3,080 3,413 3,854 4,406
CWIP 572 49 32 21 22 34 88 36 32 98 37
Investments 12 13 47 0 4 5 5 4 6 7 10
1,128 885 886 692 807 738 924 899 1,013 999 1,297
Total Assets 2,987 3,242 3,355 3,552 3,652 3,531 4,035 4,019 4,465 4,957 5,750

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
79 201 249 366 252 60 62 477 689
-172 329 -118 147 -391 -50 -396 -591 -635
53 -463 -157 -523 133 -34 411 126 -108
Net Cash Flow -40 67 -26 -10 -6 -24 77 12 -53

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 11 8 11 15 25 18 16 39 31 19 14
Inventory Days 2,283 1,305 1,871 6,659 3,030 1,605 1,734
Days Payable 629 401 455 1,267 602 549 663
Cash Conversion Cycle 11 8 11 15 1,679 921 1,432 5,431 2,460 1,075 1,086
Working Capital Days 26 -55 44 23 -38 -50 -43 115 100 39 -16
ROCE % 1% 2% 6% 6% 8% 8% -3% 0% 9%

Shareholding Pattern

Numbers in percentages

3 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
71.65% 71.65% 71.65% 71.65% 71.65% 71.65% 71.65% 71.65% 71.69% 71.69% 71.66% 67.52%
1.79% 2.13% 2.14% 2.16% 1.82% 1.89% 2.04% 2.97% 2.51% 3.09% 4.24% 6.84%
20.68% 20.88% 20.99% 21.33% 21.89% 22.34% 22.52% 21.50% 21.82% 20.72% 19.61% 21.42%
5.88% 5.34% 5.22% 4.86% 4.65% 4.12% 3.79% 3.88% 3.98% 4.50% 4.48% 4.23%
No. of Shareholders 30,76129,80730,69230,74031,41031,28932,41436,78444,00351,81261,45461,467

* 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.

Documents

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