Oriental Hotels Ltd
Oriental Hotels Ltd is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts.[1]
- Market Cap ₹ 2,060 Cr.
- Current Price ₹ 115
- High / Low ₹ 143 / 75.0
- Stock P/E 40.4
- Book Value ₹ 30.8
- Dividend Yield 0.43 %
- ROCE 13.5 %
- ROE 10.9 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 54.4% CAGR over last 5 years
- Debtor days have improved from 23.0 to 17.1 days.
Cons
- Stock is trading at 3.75 times its book value
- The company has delivered a poor sales growth of 1.96% over past five years.
- Company has a low return on equity of -2.68% over last 3 years.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
317 | 345 | 355 | 367 | 311 | 335 | 358 | 347 | 291 | 116 | 219 | 395 | 397 | |
248 | 281 | 301 | 306 | 278 | 286 | 302 | 295 | 253 | 148 | 196 | 282 | 294 | |
Operating Profit | 69 | 64 | 55 | 60 | 33 | 49 | 56 | 51 | 38 | -32 | 23 | 112 | 103 |
OPM % | 22% | 19% | 15% | 16% | 11% | 15% | 16% | 15% | 13% | -28% | 11% | 29% | 26% |
7 | 16 | -15 | 3 | -6 | 5 | 4 | 104 | 7 | 7 | 7 | 11 | 12 | |
Interest | 21 | 29 | 31 | 32 | 32 | 32 | 31 | 27 | 24 | 22 | 22 | 20 | 19 |
Depreciation | 25 | 32 | 35 | 33 | 24 | 25 | 28 | 28 | 28 | 29 | 26 | 23 | 24 |
Profit before tax | 29 | 18 | -26 | -2 | -28 | -3 | 2 | 100 | -6 | -76 | -18 | 80 | 73 |
Tax % | 30% | -5% | 6% | 125% | 29% | -15% | 136% | 13% | -3% | 29% | 29% | 31% | |
23 | 17 | -24 | 1 | -12 | 5 | 6 | 92 | -8 | -71 | -20 | 54 | 51 | |
EPS in Rs | 1.26 | 0.87 | -1.27 | 0.09 | -0.69 | 0.28 | 0.34 | 5.13 | -0.46 | -3.99 | -1.13 | 3.04 | 2.85 |
Dividend Payout % | 36% | 63% | -43% | 436% | -29% | -0% | -0% | 10% | -43% | -0% | -0% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 11% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 54% |
3 Years: | 107% |
TTM: | 52% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 20% |
3 Years: | 73% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -1% |
3 Years: | -3% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Reserves | 375 | 389 | 365 | 329 | 402 | 394 | 424 | 516 | 513 | 433 | 422 | 521 | 532 |
322 | 313 | 347 | 348 | 317 | 322 | 313 | 243 | 228 | 253 | 280 | 215 | 210 | |
110 | 108 | 105 | 141 | 82 | 75 | 72 | 75 | 69 | 67 | 66 | 74 | 67 | |
Total Liabilities | 825 | 828 | 835 | 836 | 819 | 809 | 827 | 852 | 828 | 771 | 786 | 828 | 826 |
498 | 514 | 533 | 537 | 407 | 391 | 376 | 395 | 396 | 372 | 355 | 380 | 381 | |
CWIP | 11 | 19 | 17 | 5 | 4 | 4 | 17 | 2 | 2 | 5 | 0 | 4 | 9 |
Investments | 89 | 91 | 96 | 100 | 238 | 235 | 259 | 289 | 272 | 248 | 252 | 296 | 304 |
226 | 203 | 190 | 194 | 170 | 179 | 175 | 167 | 158 | 146 | 179 | 148 | 131 | |
Total Assets | 825 | 828 | 835 | 836 | 819 | 809 | 827 | 852 | 828 | 771 | 786 | 828 | 826 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
72 | 76 | 57 | 64 | 28 | 42 | 52 | 38 | 45 | -21 | 29 | 104 | |
-64 | -22 | -44 | -26 | -7 | -4 | -19 | 82 | 39 | -1 | -32 | -10 | |
6 | -64 | -15 | -43 | -18 | -32 | -40 | -98 | -65 | -0 | 4 | -105 | |
Net Cash Flow | 13 | -10 | -2 | -5 | 3 | 7 | -7 | 22 | 18 | -23 | 1 | -10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 28 | 23 | 23 | 21 | 18 | 15 | 16 | 14 | 15 | 28 | 24 | 17 |
Inventory Days | 112 | 86 | 76 | 92 | 78 | 74 | 76 | 71 | 103 | 197 | 125 | 86 |
Days Payable | 277 | 262 | 274 | 293 | 341 | 317 | 326 | 376 | 441 | 756 | 460 | 315 |
Cash Conversion Cycle | -137 | -153 | -175 | -180 | -245 | -227 | -234 | -291 | -324 | -532 | -311 | -212 |
Working Capital Days | -49 | -92 | -168 | -42 | -32 | -21 | -13 | -276 | -35 | -62 | -32 | -12 |
ROCE % | 7% | 5% | 3% | 4% | 1% | 4% | 4% | 4% | 2% | -7% | 1% | 13% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Mar
- Closure of Trading Window 25 Mar
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('LODR Regulations'). 14 Mar
- Disclosure Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015 12 Mar
- Disclosure Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015 7 Mar
Hotels Portfolio[1]
The Company has a portfolio of 7 hotels which includes 3 owned properties with the rest being leased and licensed properties as of FY22.
It operates all its brands under the IHCL brands of Taj, SeleQtions, Vivanta and Gateway.[2] Out of 7 hotels, 3 are owned, 2 are leased and 2 are licensed hotels.[3]
Taj Coromandel – 212 Rooms – 11 Suites
Taj Fisherman’s Cove Resort & Spa – 149 Rooms – 2 Suites
Taj Malabar Resort & Spa – 95 Rooms – 9 Suites
Vivanta Coimbatore – 178 Rooms – 9 suites
The Gateway Hotel – Pasumalai – 63 Rooms – 2 suites
Gateway Coonoor – 32 Rooms – 4 suits
The Gateway Hotel Old port road – 96 Rooms – 5 suites