Suba Hotels Ltd
Suba Hotels are one of Indias largest domestic hotel chains in the mid-market sector with 88 operational hotels as of July 2025, comprising 4,096 keys across over 50 cities, around 81% of which are located in emerging markets in tier 2 and 3 cities. The hotel chain also boasts a portfolio of 40 hotels in the pre-opening phase, encompassing 1,831 rooms. (Source: JLL Report). We operate in the mid-market hotel sector, consisting of upscale, upper-midscale, midscale, and economy brands domestic as well as international. We primarily cater to guests across business, leisure, and religious tourism, delivering superior service standards at attractive price points.
- Market Cap ₹ 454 Cr.
- Current Price ₹ 187
- High / Low ₹ 187 / 154
- Stock P/E 64.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 11.5 %
- ROE 25.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 198% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -23.8%
- Company might be capitalizing the interest cost
- Debtor days have increased from 39.9 to 49.8 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
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 3.29 | 3.23 | 2.44 | 3.88 | 6.69 | 35.03 | 47.60 | |
| 2.83 | 2.79 | 2.19 | 4.04 | 6.13 | 26.19 | 37.46 | |
| Operating Profit | 0.46 | 0.44 | 0.25 | -0.16 | 0.56 | 8.84 | 10.14 |
| OPM % | 13.98% | 13.62% | 10.25% | -4.12% | 8.37% | 25.24% | 21.30% |
| 0.01 | 0.02 | 0.01 | 0.26 | 0.05 | 0.10 | -1.44 | |
| Interest | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 | 0.26 | 0.39 |
| Depreciation | 0.32 | 0.26 | 0.30 | 0.39 | 0.42 | 1.30 | 2.37 |
| Profit before tax | 0.13 | 0.18 | -0.06 | -0.31 | 0.15 | 7.38 | 5.94 |
| Tax % | 107.69% | 77.78% | 183.33% | 29.03% | 53.33% | 48.37% | 12.63% |
| -0.01 | 0.03 | -0.16 | -0.39 | 0.06 | 3.81 | 5.18 | |
| EPS in Rs | -0.04 | 0.13 | -0.72 | -1.75 | 0.27 | 17.10 | 10.89 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 71% |
| 3 Years: | 131% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 198% |
| 3 Years: | 140% |
| TTM: | 84% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 16% |
| Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2.23 | 2.23 | 2.23 | 2.23 | 2.23 | 4.76 | 4.76 |
| Reserves | 17.76 | 17.78 | 17.61 | 17.23 | 17.29 | 20.32 | 25.50 |
| 0.00 | 0.00 | 0.16 | 1.47 | 1.57 | 46.09 | 45.73 | |
| 1.43 | 1.68 | 1.58 | 1.82 | 1.98 | 16.04 | 20.72 | |
| Total Liabilities | 21.42 | 21.69 | 21.58 | 22.75 | 23.07 | 87.21 | 96.71 |
| 11.90 | 11.64 | 12.45 | 12.74 | 12.35 | 52.85 | 49.81 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.25 | 18.42 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 |
| 9.52 | 10.05 | 9.13 | 10.01 | 10.72 | 23.11 | 28.21 | |
| Total Assets | 21.42 | 21.69 | 21.58 | 22.75 | 23.07 | 87.21 | 96.71 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -0.02 | 0.48 | 0.96 | 9.77 | 9.32 | |||
| -1.11 | -0.45 | -0.75 | -11.97 | -8.62 | |||
| 0.97 | -0.02 | -0.04 | 3.85 | -0.75 | |||
| Net Cash Flow | -0.16 | 0.01 | 0.17 | 1.65 | -0.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 19.97 | 28.25 | 20.94 | 32.93 | 36.01 | 33.86 | 49.77 |
| Inventory Days | 7.30 | 6.64 | 9.61 | 10.14 | 3.51 | ||
| Days Payable | 29.20 | 172.55 | 134.47 | 147.01 | 150.91 | ||
| Cash Conversion Cycle | -1.93 | -137.66 | -103.93 | -103.95 | -111.39 | 33.86 | 49.77 |
| Working Capital Days | -29.95 | -33.90 | -4.49 | -97.84 | -76.93 | -375.11 | -217.62 |
| ROCE % | 1.00% | -0.20% | -2.44% | 1.09% | 16.76% | 11.54% |
Documents
Announcements
No data available.
Business Profile[1]
Suba Hotels is one of India’s leading mid-scale hotel chains, operating through a diversified model that includes owned, managed, revenue share, and lease, and franchised properties. It has **1589 Hotels ** in its portfolio with a broad presence in tier-2 and tier-3 cities.