Asian Hotels (East) Ltd - Stock Valuation and Financial Performance

BSE: 533227 | NSE: AHLEAST | Hotel, Resort & Restaurants | Small Cap

Asian Hotels (East) Share Price

170.45 2.55 1.52%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Asian Hotels (East)

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Asian Hotels (East) stock performance -

mw4me loader
P/E Ratio (SA):
12.12
Market Cap:
294.7 Cr.
52-wk low:
125.8
52-wk high:
198

Is Asian Hotels (East) Ltd an attractive stock to invest in?

1. Is Asian Hotels (East) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Asian Hotels (East) Ltd is a average quality company.

2. Is Asian Hotels (East) Ltd undervalued or overvalued?

The key valuation ratios of Asian Hotels (East) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Asian Hotels (East) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Asian Hotels (East) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Asian Hotels (East):

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Asian Hotels (East) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 2.3%3%1.8%2.1%2.7%2.5%0.1%-0.6%5.9%23.3%-
Value Creation
Index
-0.8-0.8-0.9-0.9-0.8-0.8-1.0-1.0-0.60.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 99.598.198.310210392.129.451.293.8108111
Sales YoY Gr.--1.4%0.2%3.9%1.3%-11%-68.1%74.1%83.2%15.7%-
Adj EPS 8.88.38.97.99.28.20.4-2.21013.314.1
YoY Gr.--5.2%7%-11%16.2%-11.2%-95.4%-689.5%NA33.7%-
BVPS (₹) 493.9522513.9522533494.3493.4491.88296.199.8
Adj Net
Profit
15.114.315.413.715.914.10.7-3.917.323.124
Cash Flow from Ops. 17.913.4718.219.643.2-7.70.51.227.1-
Debt/CF from Ops. 9.210.4000.100005.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1%1%54.5%15.7%
Adj EPS 4.8%7.7%227.4%33.7%
BVPS-16.6%-29%-42%17.2%
Share Price 4% 8% 10.5% 19.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1.81.61.71.51.71.60.1-0.53.51514.4
Op. Profit
Mgn %
22.923.318.818.318.518-19.4-422.728.128.8
Net Profit
Mgn %
15.114.615.613.415.415.32.2-7.618.421.321.9
Debt to
Equity
0.20.200000000.90.8
Working Cap
Days
1,1391,5981,5161,3661,3731,0251,104461179415385
Cash Conv.
Cycle
-22-29-2125-6-1-10-9-8336

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.40%

Sales growth is growing at healthy rate in last 3 years 54.50%

Net Profit is growing at healthy rate in last 3 years 227.43%

Sales growth is good in last 4 quarters at 14.31%

No data to display

Latest Financials - Asian Hotels (East) Ltd.

Standalone Consolidated
TTM EPS (₹) 14.1 13.7
TTM Sales (₹ Cr.) 111 111
BVPS (₹.) 99.8 134.7
Reserves (₹ Cr.) 155 216
P/BV 1.71 1.27
PE 12.12 12.46
From the Market
52 Week Low / High (₹) 125.80 / 197.95
All Time Low / High (₹) 74.20 / 329.33
Market Cap (₹ Cr.) 295
Equity (₹ Cr.) 17.3
Face Value (₹) 10
Industry PE 70.4

Management X-Ray of Asian Hotels (East):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Asian Hotels (East)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales100989810210392295194108
Operating Expenses 77758084847635537378
Manufacturing Costs31273030292410182324
Material Costs131313141313581416
Employee Cost 19192020212115162022
Other Costs 1417172022186101617
Operating Profit 232318191916-6-22130
Operating Profit Margin (%) 22.8%23.2%18.7%18.2%18.5%17.6%-19.5%-4.3%22.3%28.0%
Other Income 6159610990219
Interest 016100000015
Depreciation 7765533344
Exceptional Items 00-300000108
Profit Before Tax 2115171924220-52939
Tax 6144780-1510
Profit After Tax 1514131518141-42429
PAT Margin (%) 15.1%14.5%13.2%14.4%17.2%15.1%2.3%-7.7%25.5%26.5%
Adjusted EPS (₹)8.88.37.58.510.38.00.4-2.313.816.6
Dividend Payout Ratio (%)15%16%18%20%16%0%0%0%18%15%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 848896889903922855853850142166
Share Capital 11111212121212121717
Reserves 836884877891910843842839124149
Minority Interest0000000000
Debt16570010000149
Long Term Debt16500000000149
Short Term Debt0700100000
Trade Payables10934564757
Others Liabilities 541845635396549523333
Total Liabilities 1,0771,096948942967926906910180355

Fixed Assets

Gross Block210220207209211210213215214216
Accumulated Depreciation81979196101102105104102106
Net Fixed Assets129124116113110108108111111111
CWIP 2200001200
Investments 51853244442745566266666099
Inventories2232121112
Trade Receivables3567752666
Cash Equivalents 45520733209417
Others Assets41942737437338811510812012220
Total Assets 1,0771,096948942967926906910180355

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 18137182043-81127
PBT 211517192422003339
Adjustment 2820-5-6-6-1-11
Changes in Working Capital 1-3-67625-22-24-4
Tax Paid -7-7-6-8-620-1-6-8
Cash Flow From Investing Activity -179321970-33-398-2-1-162
Capex -3-2-1-2-2-2-4-7-3-2
Net Investments 473319421-20-401212832
Others -22313-19-1030-7-5-193
Cash Flow From Financing Activity 161-44-204-3-2-5000134
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 16500000000153
Interest Paid 0-16-1000000-10
Dividend Paid -3-2-2-2-3-3000-4
Others -1-26-20100-2000-5
Net Cash Flow 01015-1600-10-1
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.781.631.451.651.951.560.08-0.464.8218.66
ROCE (%)2.33.021.812.12.682.50.06-0.625.8923.33
Asset Turnover Ratio0.10.090.10.110.110.10.030.060.170.41
PAT to CFO Conversion(x)1.20.930.541.21.113.07-8N/A0.040.93
Working Capital Days
Receivable Days17162122242339262321
Inventory Days77897617644
Payable Days24826816593137171415240159140

Asian Hotels (East) Ltd Stock News

Asian Hotels (East) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Asian Hotels (East) on 20-Dec-2024 16:59 is ₹170.4.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Asian Hotels (East) stood at ₹294.7.
The latest P/E ratio of Asian Hotels (East) as of 20-Dec-2024 16:59 is 12.12.
The latest P/B ratio of Asian Hotels (East) as of 20-Dec-2024 16:59 is 1.71.
The 52-week high of Asian Hotels (East) is ₹197.9 and the 52-week low is ₹125.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Asian Hotels (East) is ₹111.3 ( Cr.) .

About Asian Hotels (East) Ltd

Asian Hotels (East) was originally incorporated as Vardhman Hotels on January 8, 2007, under the Companies Act, 1956, with the Registrar of Companies, NCT of Delhi and Haryana. The company was converted into a Public Limited Company and the subsequently the name was changed to Vardhman Hotels with effect from (w.e.f.) July 28, 2007. The company entered into a Scheme of Arrangement and De-merger with Asian Hotels (Transferor Company).

A Scheme of Arrangement & Demerger amongst Asian Hotels and its shareholders & creditors (Transferor Company), Chillwinds Hotels and its shareholders (Transferee Company-I) & Vardhman Hotels and its shareholders (Transferee Company-II) [the Scheme] became effective on February 11, 2010 after the Order dated January 13, 2010 duly sanctioned & passed by the Delhi High Court was filed with the Registrar of the company, NCT of Delhi and Haryana. Both the Transferee Companies were wholly owned subsidiaries of the Transferor Company. Before effectiveness of the Scheme, Asian Hotels had 3 properties in the form of 5 star hotels situated in New Delhi (Hyatt Regency Delhi), Mumbai (Hyatt Regency Mumbai) and Kolkata (Hyatt Regency Kolkata).

Post effectiveness of the Scheme, assets and liabilities of Mumbai Undertaking and Kolkata Undertaking respectively were demerged, transferred and vested with Chillwinds Hotels being the Transferee Company-I and Vardhman Hotels being the Transferee Company-II and Asian Hotels (Transferor Company) retained the residual assets which mainly consisted of Hyatt Regency Delhi Hotel. The demerger, transfer, vesting and retention of assets & liabilities happened retrospectively w.e.f. October 31, 2009 being the Appointed Date defined in the Scheme and the 3 undertakings became separate & independent entities from the date. Upon this Scheme becoming effective on February 11, 2010, the name of Vardhman Hotels (Transferee Company-II) was changed to “Asian Hotels (East)” after obtaining permission of the Registrar of Companies.

Business area of the company

Asian Hotels (East) is into the business of hospitality industries & is managed by a professional Board of Directors consisting of eminent personalities & professionals.

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