Sinclairs Hotels Ltd
Sinclairs Hotels has 4-star properties in eight locations in India - 5 in West Bengal and
one each at Ooty in Tamil Nadu, Port Blair in the Andamans and Gangtok in Sikkim. The company owns and operates hotels/resorts at prime locations in Burdwan, Darjeeling, Dooars, Kalimpong, Ooty, Port Blair Siliguri and Gangtok.
As of FY2020, it has a total of 396 rooms, 24 suites, 2 villas and several restaurants & banquets across all its hotels.
- Market Cap ₹ 368 Cr.
- Current Price ₹ 71.4
- High / Low ₹ 115 / 71.0
- Stock P/E 26.9
- Book Value ₹ 22.6
- Dividend Yield 1.12 %
- ROCE 15.3 %
- ROE 12.4 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 22.4%
Cons
- Company has a low return on equity of 13.8% over last 3 years.
- Earnings include an other income of Rs.8.21 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
Consumer Discretionary Consumer Services Leisure Services Hotels & Resorts
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23 | 29 | 39 | 47 | 46 | 46 | 45 | 17 | 30 | 54 | 56 | 53 | 57 | |
| 16 | 18 | 22 | 27 | 27 | 28 | 28 | 13 | 19 | 32 | 34 | 35 | 39 | |
| Operating Profit | 7 | 11 | 17 | 20 | 19 | 18 | 17 | 4 | 11 | 22 | 22 | 19 | 18 |
| OPM % | 30% | 37% | 43% | 43% | 42% | 39% | 37% | 26% | 36% | 41% | 40% | 35% | 31% |
| 5 | 1 | 1 | 2 | 2 | 4 | 2 | 6 | 4 | 22 | 9 | 6 | 8 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 3 |
| Depreciation | 3 | 4 | 7 | 8 | 7 | 8 | 7 | 5 | 5 | 5 | 5 | 5 | 7 |
| Profit before tax | 9 | 7 | 11 | 14 | 14 | 14 | 12 | 4 | 9 | 38 | 25 | 18 | 17 |
| Tax % | 25% | 33% | 37% | 35% | 16% | 31% | 19% | 17% | 24% | 19% | 19% | 21% | |
| 7 | 5 | 7 | 9 | 12 | 10 | 9 | 4 | 7 | 31 | 21 | 14 | 14 | |
| EPS in Rs | 1.26 | 0.85 | 1.27 | 1.68 | 2.12 | 1.76 | 1.71 | 0.63 | 1.28 | 5.75 | 4.01 | 2.73 | 2.68 |
| Dividend Payout % | 32% | 47% | 32% | 24% | 19% | 34% | 23% | 63% | 39% | 13% | 25% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 3% |
| 3 Years: | 21% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 8% |
| 3 Years: | 26% |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 20% |
| 3 Years: | 13% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 14% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 10 | 10 | 10 |
| Reserves | 63 | 65 | 71 | 79 | 88 | 95 | 101 | 102 | 107 | 123 | 97 | 106 | 106 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 10 | 11 | 10 | 21 | 35 | |
| 11 | 14 | 13 | 14 | 14 | 15 | 13 | 12 | 13 | 13 | 12 | 12 | 14 | |
| Total Liabilities | 80 | 84 | 90 | 98 | 108 | 116 | 119 | 131 | 135 | 152 | 129 | 149 | 165 |
| 36 | 57 | 69 | 66 | 60 | 63 | 58 | 64 | 61 | 55 | 51 | 60 | 77 | |
| CWIP | 32 | 17 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6 | 3 | 7 | 28 | 42 | 48 | 56 | 62 | 70 | 92 | 72 | 79 | 81 |
| 6 | 7 | 9 | 4 | 5 | 5 | 5 | 4 | 5 | 5 | 7 | 10 | 6 | |
| Total Assets | 80 | 84 | 90 | 98 | 108 | 116 | 119 | 131 | 135 | 152 | 129 | 149 | 165 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8 | 10 | 14 | 20 | 17 | 14 | 11 | 3 | 8 | 18 | 15 | 11 | |
| 13 | -8 | -9 | -20 | -14 | -12 | -8 | -1 | -5 | -1 | 29 | -3 | |
| -22 | -3 | -5 | 0 | -3 | -3 | -4 | -3 | -3 | -17 | -44 | -8 | |
| Net Cash Flow | -1 | -0 | 0 | -0 | 1 | -0 | -0 | -0 | 0 | 0 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 10 | 13 | 11 | 9 | 9 | 7 | 11 | 9 | 9 | 7 | 9 |
| Inventory Days | 38 | 34 | 30 | 16 | 33 | 26 | 24 | 33 | 39 | 18 | 14 | 18 |
| Days Payable | 109 | 118 | 88 | 69 | 112 | 99 | 109 | 233 | 180 | 115 | 88 | 78 |
| Cash Conversion Cycle | -61 | -73 | -45 | -42 | -69 | -65 | -79 | -189 | -132 | -88 | -66 | -51 |
| Working Capital Days | -95 | -79 | -19 | -17 | -23 | -25 | -25 | -70 | -57 | -32 | -31 | -28 |
| ROCE % | 6% | 10% | 15% | 17% | 15% | 14% | 11% | 3% | 8% | 16% | 19% | 15% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Room Inventory (Keys) Rooms |
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| Number of Hotel Properties Number |
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| Property-wise Room Count: Sinclairs Retreat Dooars Rooms |
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| Property-wise Room Count: Sinclairs Retreat Ooty Rooms |
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| EBIDTA Margin % |
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Documents
Announcements
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
6h - Navin C. Suchanti bought 38,781 shares (0.08%), raising stake to 6.11% on 10–11 Mar 2026.,
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
9 Mar - Navin Suchanti bought 30,535 shares (0.06%), raising stake to 6.03% on Mar 5–6, 2026.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
5 Mar - Promoter Navin C. Suchanti bought 83,736 shares (0.16%), raising stake to 5.97% on 02/03/2026 and 04/03/2026.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2 Mar
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Jun 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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Feb 2022TranscriptAI SummaryPPT
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Dec 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Mar 2021TranscriptAI SummaryPPT
Hotels[1]
1) Sinclairs Burdwan - 24 rooms
2) Sinclairs Darjeeling - 47 rooms
3) Sinclairs Retreat Dooars - 71 rooms
4) Sinclairs Retreat Kalimpong - 48 rooms
5) Sinclairs Siliguri - 49 rooms
6) Sinclairs Retreat Ooty - 85 rooms
7) Sinclairs Bayview Port Blair - 46 rooms
8) Sinclairs Gangtok - 60 rooms
9) Sinclairs Yangang - 17 rooms