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 208
  • Dividend Yield 0.00 %
  • ROCE -3.76 %
  • ROE -15.2 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.69 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -47.2% over past five years.
  • Company has a low return on equity of -9.35% 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
38 37 34 33 39 42 32 32 40 33 3 10 8
28 28 25 27 28 29 25 27 28 24 9 10 11
Operating Profit 10 9 9 6 11 13 7 5 12 9 -6 -0 -3
OPM % 26% 25% 26% 18% 29% 32% 21% 16% 29% 27% -225% -1% -41%
3 4 3 2 1 4 2 2 1 2 2 1 1
Interest 6 5 5 7 7 7 7 7 7 6 6 7 6
Depreciation 4 4 2 2 2 2 2 2 2 2 2 2 2
Profit before tax 4 4 5 -1 4 9 -1 -2 4 2 -13 -8 -11
Tax % 49% 17% -74% -1,866% 25% 41% -28% -103% 19% 55% -0% -1% 4%
2 3 8 10 3 5 -0 0 3 1 -13 -8 -11
EPS in Rs 1.55 2.60 7.30 8.94 2.41 4.34 -0.43 0.06 2.73 0.72 -11.14 -6.79 -9.44
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
135 130 130 129 134 132 136 139 149 137 35 6
88 88 91 97 105 105 103 106 109 105 44 21
Operating Profit 47 43 39 33 30 27 32 32 40 33 -9 -16
OPM % 35% 33% 30% 25% 22% 20% 24% 23% 27% 24% -25% -280%
-1 5 1 -8 2 4 14 13 10 6 5 5
Interest 12 18 16 19 22 23 29 23 26 27 36 22
Depreciation 10 10 10 8 13 15 15 16 7 9 9 10
Profit before tax 23 19 14 -2 -3 -7 2 6 17 3 -48 -42
Tax % 27% 32% 44% 112% -34% -42% 27% 30% -61% -26% -1% -5%
17 13 8 -5 -2 -4 1 4 27 4 -48 -40
EPS in Rs 14.84 11.58 6.66 -4.39 -1.87 -3.38 1.28 3.67 22.88 3.08 -40.86 -34.21
Dividend Payout % 27% 35% 30% -34% -54% -30% 78% 27% 4% 0% 0% 0%
Compounded Sales Growth
10 Years: -27%
5 Years: -47%
3 Years: -67%
TTM: -84%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 16%
Stock Price CAGR
10 Years: 3%
5 Years: -13%
3 Years: -19%
1 Year: %
Return on Equity
10 Years: -2%
5 Years: -3%
3 Years: -9%
Last Year: -15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 273 281 286 279 276 270 282 285 316 318 271 231
139 121 130 143 167 168 206 190 234 244 270 271
54 55 54 59 57 58 58 63 49 46 45 71
Total Liabilities 477 469 482 492 511 507 557 549 611 620 597 585
295 286 272 266 257 243 244 239 236 263 254 243
CWIP 0 0 0 0 0 9 8 2 1 0 0 0
Investments 130 154 145 169 197 197 224 240 327 327 327 328
52 29 65 57 57 58 81 68 46 29 15 14
Total Assets 477 469 482 492 511 507 557 549 611 620 597 585

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

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 53 -6 41 32 34 5 41 61 37 1 5
-115 -25 13 -34 -33 -10 -15 -13 -87 -7 1 2
76 -34 -7 -6 3 -23 11 -30 24 -22 -10 -6
Net Cash Flow 4 -7 -0 0 2 1 1 -1 -3 7 -7 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 18 13 16 15 13 19 25 18 17 31 28
Inventory Days 93 108 97 99 91 91 97 71
Days Payable 180 180 119 130 126 167 155 119
Cash Conversion Cycle -65 -54 -9 -14 -20 -63 -39 -24 18 17 31 28
Working Capital Days 1 -58 -74 -93 -43 -56 41 30 -33 -36 -132 -2,937
ROCE % 10% 9% 7% 6% 4% 4% 7% 6% 8% 5% -2% -4%

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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