Jindal Hotels Ltd
Jindal hotels is engaged in the business of operating 3 star category Hotel (namely Grand Mercure Vadodara Surya Palace located in the city of Vadodara and Restaurant (namely Azure Restaurant).[1]
- Market Cap ₹ 83.7 Cr.
- Current Price ₹ 120
- High / Low ₹ 142 / 41.0
- Stock P/E 35.2
- Book Value ₹ 30.4
- Dividend Yield 0.00 %
- ROCE 9.03 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.93 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 3.52% over last 3 years.
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
27.99 | 30.01 | 31.74 | 36.01 | 36.15 | 33.78 | 38.03 | 37.73 | 15.55 | 29.86 | 41.39 | 43.17 | 43.48 | |
19.85 | 20.15 | 20.74 | 23.55 | 22.87 | 22.90 | 26.25 | 26.99 | 16.75 | 23.74 | 30.70 | 31.76 | 32.08 | |
Operating Profit | 8.14 | 9.86 | 11.00 | 12.46 | 13.28 | 10.88 | 11.78 | 10.74 | -1.20 | 6.12 | 10.69 | 11.41 | 11.40 |
OPM % | 29.08% | 32.86% | 34.66% | 34.60% | 36.74% | 32.21% | 30.98% | 28.47% | -7.72% | 20.50% | 25.83% | 26.43% | 26.22% |
0.03 | 0.21 | 0.15 | 0.09 | 0.22 | 1.03 | 0.15 | 0.19 | 0.12 | 0.54 | 0.96 | 0.42 | 0.19 | |
Interest | 2.37 | 4.08 | 4.86 | 5.37 | 6.11 | 4.84 | 4.75 | 4.72 | 4.78 | 4.90 | 5.16 | 5.19 | 5.01 |
Depreciation | 2.16 | 2.98 | 3.91 | 4.36 | 6.16 | 6.76 | 5.54 | 5.16 | 4.88 | 4.85 | 4.86 | 4.84 | 4.86 |
Profit before tax | 3.64 | 3.01 | 2.38 | 2.82 | 1.23 | 0.31 | 1.64 | 1.05 | -10.74 | -3.09 | 1.63 | 1.80 | 1.72 |
Tax % | 32.97% | 42.52% | 33.61% | 41.84% | 82.93% | -193.55% | 9.15% | 36.19% | 1.96% | -22.01% | -26.99% | -33.89% | |
2.44 | 1.73 | 1.58 | 1.64 | 0.21 | 0.92 | 1.50 | 0.68 | -10.96 | -2.40 | 2.07 | 2.40 | 2.38 | |
EPS in Rs | 4.07 | 2.88 | 2.63 | 2.73 | 0.35 | 1.53 | 2.50 | 1.13 | -16.48 | -3.43 | 2.96 | 3.43 | 3.40 |
Dividend Payout % | 19.67% | 27.75% | 30.38% | 29.27% | 228.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 3% |
3 Years: | 41% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 9% |
3 Years: | 30% |
TTM: | 29% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 29% |
3 Years: | 59% |
1 Year: | 183% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -8% |
3 Years: | 4% |
Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.65 | 7.00 | 7.00 | 7.00 |
Reserves | 16.70 | 17.87 | 17.48 | 18.55 | 18.81 | 19.11 | 20.65 | 21.29 | 11.07 | 9.79 | 11.86 | 14.28 |
36.21 | 47.71 | 48.44 | 55.74 | 54.67 | 55.55 | 52.55 | 48.82 | 54.25 | 62.77 | 59.36 | 53.73 | |
5.74 | 7.41 | 7.29 | 7.93 | 8.79 | 8.53 | 7.70 | 8.40 | 9.84 | 8.78 | 8.38 | 6.93 | |
Total Liabilities | 64.65 | 78.99 | 79.21 | 88.22 | 88.27 | 89.19 | 86.90 | 84.51 | 81.81 | 88.34 | 86.60 | 81.94 |
55.71 | 56.12 | 53.91 | 78.90 | 77.34 | 79.49 | 76.00 | 73.01 | 68.35 | 68.65 | 67.39 | 67.50 | |
CWIP | 1.36 | 9.59 | 16.24 | 0.00 | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.04 |
Investments | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0.02 | 0.04 | 0.04 | 0.04 | 5.27 | 4.43 | 0.04 |
7.55 | 13.25 | 9.03 | 9.29 | 10.62 | 9.68 | 10.86 | 11.46 | 13.42 | 14.42 | 14.78 | 13.36 | |
Total Assets | 64.65 | 78.99 | 79.21 | 88.22 | 88.27 | 89.19 | 86.90 | 84.51 | 81.81 | 88.34 | 86.60 | 81.94 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7.69 | 5.41 | 5.51 | 6.82 | 13.36 | 11.31 | 10.14 | 11.31 | 1.32 | 5.83 | 10.80 | 10.18 | |
-23.23 | -11.59 | -10.56 | -12.95 | -5.45 | -8.06 | -2.04 | -1.96 | -0.22 | -13.66 | -2.17 | 0.68 | |
15.69 | 11.07 | 0.25 | 6.82 | -7.58 | -4.52 | -7.76 | -8.44 | -0.36 | 5.95 | -8.56 | -10.92 | |
Net Cash Flow | 0.15 | 4.89 | -4.79 | 0.69 | 0.32 | -1.27 | 0.33 | 0.91 | 0.74 | -1.88 | 0.07 | -0.06 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 19.04 | 18.00 | 20.12 | 21.29 | 11.61 | 14.80 | 14.78 | 8.03 | 16.20 | 11.49 | 13.32 | 15.22 |
Inventory Days | 228.12 | 254.57 | 224.33 | 195.28 | 278.65 | 352.45 | 359.69 | 372.27 | 517.57 | 278.80 | 221.33 | 242.44 |
Days Payable | 34.22 | 37.33 | 31.44 | 27.33 | 55.62 | 66.31 | 88.45 | 102.29 | 273.27 | 121.31 | 117.18 | 99.67 |
Cash Conversion Cycle | 212.95 | 235.24 | 213.01 | 189.24 | 234.64 | 300.95 | 286.02 | 278.01 | 260.50 | 168.98 | 117.47 | 157.99 |
Working Capital Days | 20.73 | -27.12 | 19.43 | 17.84 | 20.70 | 25.07 | 36.18 | 28.05 | 70.18 | 38.75 | 26.81 | 33.14 |
ROCE % | 12.10% | 10.87% | 10.09% | 10.76% | 9.19% | 6.43% | 7.99% | 7.30% | -8.05% | 2.35% | 8.54% | 9.03% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 14 Aug
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Aug - AGM Notice and E-voting information published in Newspaper.
- Corporate Action - Fixes Book Closure (39Th Annual General Meeting) 9 Aug
- Reg. 34 (1) Annual Report. 9 Aug
- Shareholder Meeting - AGM On 3Rd September, 2024 9 Aug
Annual reports
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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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Financial Year 2010
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Facilities[1]
The company owns and operates a single hotel in Vadodara City under the name Surya Hotels with 144 Guest Rooms, 6 large and medium Banquet halls, Board Room, Restaurant, Swimming Pool, Health Club, a Liquor shop, and many other amenities and has secured a sizable amount of market share. Its customers include reputed MNCs, Corporate, PSU’s, Private sector units, etc.