Asian Hotels (West) Ltd

Asian Hotels (West) Ltd

₹ 144 -3.58%
27 Jun 2022
About

AHWL operates a 401-room five-star hotel in Mumbai and has partnered with Hyatt Hotels India for branding, operating, and marketing the hotel under the Hyatt Regency brand.

The company was demerged from Asian Hotels Limited, under which Hyatt Regency Mumbai of the Asian Hotels was demerged and vested in the company. [1] [2]

Key Points

Business Location
AHWL has its business activity and operations in Mumbai & Delhi. The properties are JW Marriott” at Delhi Aerocity & Hyatt Regency in Mumbai. [1] [2]

  • Market Cap 168 Cr.
  • Current Price 144
  • High / Low /
  • Stock P/E
  • Book Value -133
  • Dividend Yield 0.00 %
  • ROCE -2.93 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -15.3% over past five years.
  • Earnings include an other income of Rs.11.0 Cr.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
108 108 98 100 115 119 101 107 127 96 13 35 34
70 71 67 70 74 73 68 71 78 62 24 27 36
Operating Profit 38 37 32 29 41 46 33 36 50 34 -11 8 -2
OPM % 35% 34% 32% 29% 36% 39% 33% 34% 39% 36% -84% 22% -5%
2 6 3 3 5 15 4 4 -2 8 4 2 2
Interest 22 22 21 23 23 22 28 28 27 26 24 25 24
Depreciation 14 14 11 12 12 12 13 13 13 13 13 13 13
Profit before tax 4 7 2 -2 11 28 -4 -0 8 3 -44 -28 -37
Tax % 46% 8% -180% -263% 9% -100% 165% -353% -61% 257% 0% -0% 1%
2 7 6 4 10 56 -9 1 13 -5 -44 -28 -37
EPS in Rs 1.79 6.00 4.85 3.03 8.43 47.68 -7.99 0.93 11.30 -4.69 -37.65 -24.38 -32.07
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
135 136 136 140 274 319 364 385 432 431 131 159
88 95 105 116 220 239 256 262 282 278 132 136
Operating Profit 47 41 31 24 55 80 108 123 150 153 -0 23
OPM % 35% 30% 23% 17% 20% 25% 30% 32% 35% 35% -0% 14%
-1 4 1 -7 2 4 18 15 25 16 11 11
Interest 12 22 21 25 95 96 102 91 90 107 108 93
Depreciation 10 12 12 11 49 52 55 56 47 52 52 61
Profit before tax 23 11 -1 -20 -88 -64 -31 -10 38 9 -149 -120
Tax % 27% 56% 511% 14% -1% -4% 2% 18% -94% 89% -0% -2%
17 5 -7 -22 -87 -61 -31 -11 74 1 -149 -118
EPS in Rs 14.75 7.30 -2.32 -16.58 -62.03 -44.13 -27.26 -7.53 64.23 0.85 -127.75 -100.85
Dividend Payout % 27% 55% -86% -9% -0% -2% -4% -13% 2% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: -15%
3 Years: -28%
TTM: 21%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 21%
Stock Price CAGR
10 Years: 3%
5 Years: -13%
3 Years: -19%
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity Capital 11 11 11 11 11 11 11 11 12 12 12 12
Reserves 288 301 296 288 215 163 124 114 110 99 -49 -167
241 457 624 644 734 756 779 763 792 964 1,006 1,004
121 136 185 264 227 213 207 216 183 82 80 121
Total Liabilities 661 905 1,117 1,206 1,188 1,144 1,122 1,105 1,096 1,156 1,049 970
295 340 325 1,030 994 944 923 886 848 985 928 865
CWIP 162 348 604 2 0 10 9 3 1 1 5 6
Investments 15 8 0 0 0 0 0 8 1 0 0 0
188 208 187 175 193 190 190 207 246 170 116 98
Total Assets 661 905 1,117 1,206 1,188 1,144 1,122 1,105 1,096 1,156 1,049 970

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
43 40 118 97 33 77 83 144 169 152 18 70
-230 -251 -220 -96 -12 -12 -24 -31 -131 -23 31 22
200 198 100 -0 -5 -71 -58 -96 -56 -123 -61 -94
Net Cash Flow 13 -13 -2 -0 16 -6 1 16 -18 6 -11 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 23 17 13 33 20 15 19 21 17 12 29 23
Inventory Days 93 105 269 347 89 79 76
Days Payable 186 198 150 310 260 226 190
Cash Conversion Cycle -70 -75 133 70 -150 -132 -96 21 17 12 29 23
Working Capital Days -9 -61 -127 -224 -47 -46 -15 -19 -28 -29 -85 -162
ROCE % 7% 5% 2% 1% 1% 3% 8% 9% 14% 12% -4% -3%

Shareholding Pattern

Numbers in percentages

Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Mar 2024Jun 2024
69.14% 69.40% 69.40% 70.37% 70.37% 70.42% 70.42% 70.42% 70.42% 70.42% 70.72% 70.72%
0.02% 0.02% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.74% 0.74% 0.74% 0.74% 0.74% 0.74% 0.74% 0.74% 0.57% 0.57% 0.57% 0.57%
30.10% 29.84% 29.85% 28.88% 28.88% 28.83% 28.84% 28.83% 29.00% 29.01% 28.71% 28.71%
No. of Shareholders 9,6729,5509,5499,4399,1389,15310,5999,4029,2089,1869,0959,092

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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