Suba Hotels Ltd
Suba Hotels is India’s 9th largest hotel chains with a diversified portfolio spanning upscale to economy segments. Strategically located across business hubs, emerging cities, and high-demand travel destinations. It has 101 operational hotels with 4,612 keys. It has ~65% presence In Tier 2 & 3 cities.[1]
- Market Cap ₹ 271 Cr.
- Current Price ₹ 112
- High / Low ₹ 200 / 97.6
- Stock P/E 15.0
- Book Value ₹ 57.0
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 19.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 58.4 to 71.6 days.
- Working capital days have increased from -32.2 days to 207 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
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 35 | 52 | 79 | 114 | |
| 26 | 39 | 56 | 89 | |
| Operating Profit | 9 | 13 | 23 | 25 |
| OPM % | 25% | 26% | 29% | 22% |
| 0 | 1 | 1 | 2 | |
| Interest | 0 | 0 | 2 | 2 |
| Depreciation | 3 | 2 | 3 | 3 |
| Profit before tax | 6 | 11 | 19 | 22 |
| Tax % | 54% | 21% | 22% | 19% |
| 3 | 9 | 15 | 18 | |
| EPS in Rs | 12.47 | 18.83 | 8.69 | 7.43 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 86% |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 2 | 5 | 17 | 24 |
| Reserves | 19 | 28 | 30 | 114 |
| 46 | 46 | 50 | 52 | |
| 18 | 22 | 25 | 31 | |
| Total Liabilities | 85 | 100 | 123 | 220 |
| 51 | 50 | 49 | 56 | |
| CWIP | 11 | 18 | 21 | 26 |
| Investments | 0 | 0 | 0 | 0 |
| 23 | 32 | 52 | 138 | |
| Total Assets | 85 | 100 | 123 | 220 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 10 | 11 | 4 | -57 | |
| -12 | -8 | -5 | -13 | |
| 4 | -1 | 3 | 71 | |
| Net Cash Flow | 2 | 1 | 2 | 1 |
| Free Cash Flow | -2 | 2 | -1 | -70 |
| CFO/OP | 141% | 92% | 34% | -209% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 34 | 46 | 58 | 72 |
| Inventory Days | 18 | |||
| Days Payable | 314 | |||
| Cash Conversion Cycle | 34 | 46 | 58 | -224 |
| Working Capital Days | -377 | -195 | -109 | 207 |
| ROCE % | 16% | 24% | 17% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Revenue Share + Lease % of Revenue % |
|
|||
| Average Room Rate (ARR) INR |
||||
| RevPAR INR |
||||
| Portfolio Occupancy Rate % |
||||
| Total Operational Hotels count |
||||
| Total Operational Keys (Rooms) count |
||||
| Pipeline Hotels (Signed) count |
||||
| Pipeline Keys (Signed) count |
||||
Extracted by Screener AI
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 July 2026 - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026; no dematerialisation requests received.
-
Reply to Clarification- Financial results
28 June 2026 - Suba Hotels clarifies financial results deficiencies and IPO utilisation certificate submission.
-
Analysts/Institutional Investor Meet/Con. Call Updates
5 June 2026 - FY26 earnings call: revenue ₹114 crore, PAT ₹18 crore; 350 keys opened, 1,759-key pipeline.
-
Analysts/Institutional Investor Meet/Con. Call Updates
2 June 2026 - Audio recording of Suba Hotels’ H1 FY2026 earnings conference call shared on 02 June 2026.
-
Investor Presentation
2 June 2026 - Suba Hotels released investor presentation on 2 June 2026, detailing 101 hotels, 4,612 keys and FY26 performance.
Concalls
-
Jun 2026Transcript PPT REC
-
Jan 2026TranscriptPPT
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 **1,589 Hotels ** in its portfolio with a broad presence in tier-2 and tier-3 cities.