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 ₹ 490 Cr.
- Current Price ₹ 95.6
- High / Low ₹ 139 / 72.9
- Stock P/E 35.0
- Book Value ₹ 22.6
- Dividend Yield 0.84 %
- ROCE 15.3 %
- ROE 12.5 %
- 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 13.9% over last 3 years.
- Earnings include an other income of Rs.6.19 Cr.
- Working capital days have increased from 140 days to 459 days
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 29 | 39 | 47 | 46 | 46 | 45 | 17 | 30 | 54 | 56 | 53 | |
16 | 18 | 22 | 27 | 27 | 28 | 28 | 13 | 19 | 32 | 34 | 35 | |
Operating Profit | 7 | 11 | 17 | 20 | 19 | 18 | 17 | 4 | 11 | 22 | 22 | 18 |
OPM % | 30% | 37% | 43% | 43% | 42% | 39% | 37% | 26% | 36% | 41% | 40% | 34% |
5 | 1 | 1 | 2 | 2 | 4 | 2 | 6 | 4 | 22 | 9 | 6 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 |
Depreciation | 3 | 4 | 7 | 8 | 7 | 8 | 7 | 5 | 5 | 5 | 5 | 5 |
Profit before tax | 9 | 7 | 11 | 14 | 14 | 14 | 12 | 4 | 9 | 38 | 25 | 18 |
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 | |
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 |
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: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 27% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 39% |
3 Years: | 30% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 10% |
3 Years: | 14% |
Last Year: | 13% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 10 | 10 |
Reserves | 63 | 65 | 71 | 79 | 88 | 95 | 101 | 102 | 107 | 123 | 97 | 106 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 10 | 11 | 10 | 21 | |
11 | 14 | 13 | 14 | 14 | 15 | 13 | 12 | 13 | 13 | 12 | 12 | |
Total Liabilities | 80 | 84 | 90 | 98 | 108 | 116 | 119 | 131 | 135 | 152 | 129 | 149 |
36 | 57 | 69 | 66 | 60 | 63 | 58 | 64 | 61 | 55 | 51 | 60 | |
CWIP | 32 | 17 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 6 | 3 | 7 | 28 | 42 | 48 | 56 | 62 | 70 | 92 | 72 | 79 |
6 | 7 | 9 | 4 | 5 | 5 | 5 | 4 | 5 | 5 | 7 | 10 | |
Total Assets | 80 | 84 | 90 | 98 | 108 | 116 | 119 | 131 | 135 | 152 | 129 | 149 |
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 | -50 |
Working Capital Days | -95 | -79 | -19 | -17 | -23 | -25 | -25 | -58 | -38 | -21 | -19 | 459 |
ROCE % | 6% | 10% | 15% | 17% | 15% | 14% | 11% | 3% | 8% | 16% | 19% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12h - Newspaper Publication reg dispatch of Notice of 53rd AGM
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12h
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Reg. 34 (1) Annual Report.
1d - Sinclairs Hotels FY24-25 Annual Report: Revenue ₹5961.36L, Net Profit ₹1399.68L, 40% dividend, new lease in Udaipur.
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Pursuant To Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) 2015, Notice Of 53Rd Annual General Meeting Of Company Scheduled To Be Held On Wednesday, August 6, 2025 At 11.00 A.M. (IST) Is Enclosed
1d - Notice of 53rd AGM on Aug 6, 2025; includes financials, dividend, director reappointment, secretarial auditor appointment.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Jul - Copies of Newspaper publication of Notice of 53rd Annual General Meeting to be held on Wednesday, August 6, 2025 at 11.00 AM through VC/OAVM.
Annual reports
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Financial Year 2025
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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
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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May 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Jun 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Dec 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Mar 2021TranscriptNotesPPT
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