HLV Ltd

HLV Ltd

₹ 37.5 2.46%
23 Feb - close price
About

HLV Ltd is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts. [1]

Key Points

Operations
At present, the Company operates only one hotel “The Leela, Mumbai” with 394 guest rooms. [1]

  • Market Cap 2,472 Cr.
  • Current Price 37.5
  • High / Low 42.0 / 8.00
  • Stock P/E 119
  • Book Value 6.40
  • Dividend Yield 0.00 %
  • ROCE 2.94 %
  • ROE 1.78 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Debtor days have improved from 35.7 to 28.0 days.

Cons

  • Stock is trading at 5.86 times its book value
  • The company has delivered a poor sales growth of 4.63% over past five years.
  • Company has a low return on equity of -5.51% over last 3 years.
  • Contingent liabilities of Rs.965 Cr.
  • Promoters have pledged 32.1% of their holding.
  • Earnings include an other income of Rs.14.4 Cr.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
6.95 9.02 7.34 15.43 25.23 25.23 39.94 35.42 45.49 52.03 42.62 41.37 55.37
21.56 23.86 19.51 22.35 25.43 25.43 35.24 36.39 40.32 45.06 38.22 36.95 44.47
Operating Profit -14.61 -14.84 -12.17 -6.92 -0.20 -0.20 4.70 -0.97 5.17 6.97 4.40 4.42 10.90
OPM % -210.22% -164.52% -165.80% -44.85% -0.79% -0.79% 11.77% -2.74% 11.37% 13.40% 10.32% 10.68% 19.69%
7.29 18.84 2.98 9.48 -9.29 -9.29 -3.43 1.34 2.88 8.18 1.59 1.78 2.88
Interest 0.46 1.25 0.71 0.78 0.33 0.33 1.29 1.20 1.17 1.45 0.63 0.61 0.60
Depreciation 3.42 4.17 3.29 3.30 3.29 3.29 2.65 2.74 2.80 2.95 3.46 3.57 3.65
Profit before tax -11.20 -1.42 -13.19 -1.52 -13.11 -13.11 -2.67 -3.57 4.08 10.75 1.90 2.02 9.53
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 24.51% -0.37% 0.00% 0.00% 0.00%
-11.20 -1.42 -13.19 -1.52 -13.11 -13.11 -2.67 -3.57 3.08 10.79 1.90 2.02 9.53
EPS in Rs -0.18 -0.02 -0.21 -0.02 -0.20 -0.20 -0.04 -0.05 0.05 0.16 0.03 0.03 0.14
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
572 645 718 636 661 698 138 154 146 19 73 173 191
508 530 573 545 508 523 150 238 183 72 94 157 165
Operating Profit 63 115 145 92 153 175 -12 -83 -37 -53 -21 16 27
OPM % 11% 18% 20% 14% 23% 25% -9% -54% -25% -280% -28% 9% 14%
383 8 50 -138 -13 41 2 -25 243 33 -7 9 14
Interest 321 405 502 198 88 90 0 0 1 2 2 5 3
Depreciation 102 139 181 227 240 141 13 10 12 14 13 11 14
Profit before tax 23 -421 -487 -470 -187 -15 -23 -119 194 -36 -43 9 24
Tax % 20% -3% 9% 12% 4% 0% 0% 0% 0% 0% 0% 11%
19 -433 -441 -416 -180 -15 -23 -119 194 -36 -43 8 24
EPS in Rs 0.48 -10.35 -9.78 -8.91 -3.86 -0.33 -0.37 -1.89 3.07 -0.57 -0.64 0.12 0.36
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -12%
5 Years: 5%
3 Years: 6%
TTM: 31%
Compounded Profit Growth
10 Years: 7%
5 Years: -6%
3 Years: -65%
TTM: 917%
Stock Price CAGR
10 Years: 9%
5 Years: 27%
3 Years: 89%
1 Year: 264%
Return on Equity
10 Years: -15%
5 Years: 0%
3 Years: -6%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 78 84 90 93 93 93 126 126 126 126 132 132 132
Reserves 1,513 1,139 780 325 145 38 258 140 331 296 280 287 290
4,176 4,659 4,905 5,034 4,329 4,182 3,781 3,610 33 56 48 33 27
484 470 510 376 396 421 396 313 169 119 100 114 121
Total Liabilities 6,250 6,352 6,285 5,828 4,963 4,734 4,562 4,189 660 596 560 566 570
4,473 5,599 5,533 5,291 4,391 3,983 3,822 344 329 316 298 312 314
CWIP 1,104 166 158 17 38 12 5 1 1 0 0 5 0
Investments 146 46 46 90 90 90 90 0 0 0 40 0 0
527 540 548 430 443 649 644 3,844 330 280 222 249 255
Total Assets 6,250 6,352 6,285 5,828 4,963 4,734 4,562 4,189 660 596 560 566 570

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
250 153 177 231 174 220 192 209 139 -29 -49 35
-292 -50 -14 -64 697 3 27 129 3,824 11 22 16
2 -84 -171 -169 -852 -233 -214 -327 -3,976 4 26 -41
Net Cash Flow -40 19 -8 -2 19 -9 5 11 -14 -15 -0 11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 34 33 36 29 35 37 219 155 19 55 24 28
Inventory Days 508 510 378 320 260 201 1,076 334 165
Days Payable 279 321 379 395 396 1,838 8,774 3,031 1,944
Cash Conversion Cycle 264 223 34 -46 -102 37 219 155 -1,619 -7,643 -2,673 -1,751
Working Capital Days -425 -982 -1,030 -130 -156 -159 -1,676 -6,842 -38 633 3 -51
ROCE % 7% -0% -0% -2% 2% 2% 0% -2% 8% -9% -7% 3%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
47.27% 47.27% 49.57% 49.57% 49.57% 49.57% 49.57% 49.57% 49.58% 49.58% 49.58% 49.58%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.01% 0.03% 0.00% 0.00%
2.27% 2.27% 0.18% 2.17% 2.17% 2.17% 2.17% 1.84% 1.55% 1.55% 1.55% 1.55%
50.46% 50.46% 50.25% 48.26% 48.26% 48.26% 48.27% 48.53% 48.87% 48.84% 48.86% 48.87%
No. of Shareholders 80,75584,88884,20485,65285,61685,28985,11285,95085,44283,96886,2601,08,442

* 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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