Viceroy Hotels Ltd
- Market Cap ₹ 771 Cr.
- Current Price ₹ 115
- High / Low ₹ 136 / 67.8
- Stock P/E 9.97
- Book Value ₹ 36.2
- Dividend Yield 0.00 %
- ROCE 9.15 %
- ROE 49.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 45.8% CAGR over last 5 years
Cons
- Stock is trading at 3.18 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company might be capitalizing the interest cost
- Working capital days have increased from -218 days to 98.0 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
Sector: Hotels & Restaurants Industry: Hotels
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
105 | 110 | 124 | 124 | 118 | 122 | 122 | 35 | 52 | 119 | 138 | 137 | |
74 | 76 | 92 | 100 | 109 | 126 | 131 | 54 | 87 | 111 | 120 | 104 | |
Operating Profit | 30 | 34 | 32 | 25 | 9 | -4 | -8 | -20 | -34 | 9 | 18 | 33 |
OPM % | 29% | 31% | 26% | 20% | 7% | -3% | -7% | -57% | -66% | 7% | 13% | 24% |
-123 | -0 | 19 | -4 | -409 | 3 | 5 | 6 | 18 | 0 | -2 | 4 | |
Interest | 24 | 26 | 27 | 28 | 23 | 2 | 1 | 1 | 1 | 0 | 1 | 5 |
Depreciation | 15 | 14 | 13 | 9 | 10 | 11 | 10 | 10 | 9 | 9 | 14 | 12 |
Profit before tax | -132 | -6 | 11 | -16 | -433 | -14 | -15 | -24 | -26 | 0 | 0 | 21 |
Tax % | -0% | 0% | -0% | 6% | 2% | 14% | 11% | -16% | 2% | 111% | -724% | -280% |
-132 | -7 | 11 | -15 | -443 | -16 | -17 | -21 | -26 | -0 | 2 | 78 | |
EPS in Rs | -18.34 | -0.94 | 1.52 | -2.02 | -61.49 | -2.19 | -2.34 | -2.85 | -3.65 | -0.01 | 0.22 | 11.54 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 2% |
3 Years: | 38% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | 31% |
5 Years: | 46% |
3 Years: | 56% |
TTM: | 1288% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 116% |
3 Years: | 226% |
1 Year: | 78% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 50% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 63 | 68 |
Reserves | 65 | 103 | 123 | 120 | -408 | -423 | -440 | -461 | -487 | -487 | 4 | 177 |
404 | 481 | 488 | 464 | 533 | 540 | 547 | 629 | 634 | 597 | 179 | 52 | |
172 | 232 | 266 | 301 | 274 | 283 | 280 | 194 | 192 | 199 | 81 | 15 | |
Total Liabilities | 684 | 858 | 920 | 927 | 442 | 441 | 429 | 405 | 381 | 352 | 327 | 312 |
207 | 177 | 195 | 187 | 282 | 273 | 263 | 249 | 230 | 222 | 214 | 178 | |
CWIP | 284 | 358 | 408 | 437 | 92 | 92 | 92 | 100 | 100 | 57 | 37 | 15 |
Investments | 55 | 125 | 135 | 130 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 30 |
138 | 198 | 181 | 174 | 68 | 76 | 74 | 56 | 51 | 74 | 76 | 88 | |
Total Assets | 684 | 858 | 920 | 927 | 442 | 441 | 429 | 405 | 381 | 352 | 327 | 312 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-277 | 53 | 25 | 58 | -6 | 1 | -12 | 13 | -7 | -23 | 18 | 32 | |
760 | -85 | -30 | -15 | -44 | -2 | -0 | -8 | 5 | 44 | -15 | -77 | |
-485 | 35 | 2 | -40 | 46 | 7 | 6 | -4 | 4 | -11 | 14 | -83 | |
Net Cash Flow | -1 | 2 | -3 | 3 | -5 | 7 | -5 | 1 | 2 | 10 | 18 | -128 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 67 | 80 | 70 | 36 | 36 | 41 | 36 | 95 | 39 | 28 | 21 | 19 |
Inventory Days | 19 | 24 | 26 | 21 | 18 | 23 | 24 | 14 | ||||
Days Payable | 659 | 344 | 304 | 292 | 350 | 343 | 345 | 130 | ||||
Cash Conversion Cycle | -572 | -240 | -208 | -234 | -296 | -280 | -286 | 95 | 39 | 28 | 21 | -98 |
Working Capital Days | -657 | -776 | -592 | -705 | -636 | -659 | -621 | -2,342 | -1,534 | -661 | -91 | 98 |
ROCE % | 2% | 4% | 3% | 3% | 1% | -7% | -9% | -15% | -21% | 0% | 2% | 9% |
Documents
Announcements
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Announcement U/R 30 Of SEBI (LODR) Regulations, 2018
20 May - Audio recording of Q4 FY24-25 earnings call available on company website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 19 May
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
19 May - Viceroy reports 13.9% revenue growth, resolves land litigation, signs Marriott deal for new 200-room hotel.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
19 May - Secretarial Compliance Report FY25; minor delay in related party disclosure; forensic audit ongoing; no major non-compliance.
-
1. Appointment Of Internal Auditor For FY 2025-26 And
2. Appointment Of Secretarial Auditors.
19 May - CFO resigns to become COO; new CFO appointed; internal and secretarial auditors appointed for FY 2025-26.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptPPT
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Nov 2024TranscriptNotesPPT
Business Overview:{# VHL operates two hotels. Marriott has 297 rooms and is a five star hotel with fine dining restaurants and a convention center. Courtyard Marriott has 120 rooms with a banquet hall and a fine dining resturant