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Asian Hotels (North)

₹318 -8.2 | 2.5%

Market Cap ₹619 Cr.

Stock P/E 3.3

P/B -4.5

Current Price ₹318

Book Value ₹ -70.1

Face Value 10

52W High ₹403.7

Dividend Yield 0%

52W Low ₹ 174.8

Asian Hotels (North) Research see more...

Overview Inc. Year: 1980Industry: Hotel, Resort & Restaurants

Asian Hotels (North) Ltd is a renowned hospitality company operating in the northern region of Asia. Established with a commitment to providing exceptional services and unparalleled experiences, the company has carved a niche for itself in the hotel industry. With a diverse portfolio of luxury hotels and resorts, Asian Hotels (North) Ltd offers world-class accommodation, dining, and recreational facilities to cater to the needs of both business and leisure travelers. The company prides itself on its meticulous attention to detail, ensuring a seamless and memorable stay for guests. Asian Hotels (North) Ltd is known for its warm hospitality, contemporary design, and commitment to delivering personalized services. Through its strategic locations, the company provides convenient access to key business districts, cultural landmarks, and tourist attractions. With a team of dedicated professionals, Asian Hotels (North) Ltd continues to innovate and exceed customer expectations. It maintains high standards of quality, sustainability, and guest satisfaction, making it a preferred choice for discerning travelers seeking exceptional hospitality experiences in the northern region of Asia.

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Asian Hotels (North) Share Price

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Asian Hotels (North) Quarterly Results

#(Fig in Cr.) Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Net Sales 73 63 74 77 84 62 78 86 92 70
Other Income 2 1 -0 0 2 0 0 0 2 0
Total Income 75 65 74 77 85 63 78 86 93 71
Total Expenditure 50 50 60 56 61 49 58 65 62 55
Operating Profit 25 15 14 21 24 14 20 22 31 15
Interest 24 29 32 45 34 34 38 29 33 19
Depreciation 6 6 6 6 5 5 5 5 7 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 117 185 0
Profit Before Tax -5 -20 -23 -29 -15 -25 -23 104 176 -8
Provision for Tax 0 0 0 0 0 0 29 14 2 5
Profit After Tax -5 -20 -23 -29 -15 -25 -52 90 174 -14
Adjustments 0 0 0 0 0 0 0 -0 0 -0
Profit After Adjustments -5 -20 -23 -29 -15 -25 -52 90 174 -14
Adjusted Earnings Per Share -2.3 -10.3 -11.9 -15 -7.8 -13 -26.7 46.4 89.5 -7

Asian Hotels (North) Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 232 241 251 274 274 252 73 131 256 298 318 326
Other Income 31 14 10 31 8 15 2 4 2 2 2 2
Total Income 263 255 261 305 282 267 74 135 257 300 321 328
Total Expenditure 189 170 168 190 191 198 93 125 201 226 234 240
Operating Profit 75 85 93 116 90 69 -18 10 56 74 86 88
Interest 94 117 99 98 113 125 91 110 118 140 134 119
Depreciation 27 23 21 20 19 18 17 25 23 22 22 22
Exceptional Income / Expenses 0 32 0 0 0 0 -569 0 0 0 301 302
Profit Before Tax -45 -23 -27 -3 -42 -74 -695 -125 -85 -87 232 249
Provision for Tax 3 -26 -12 -0 -9 -11 0 0 0 0 45 50
Profit After Tax -48 3 -16 -2 -33 -63 -695 -125 -85 -87 187 198
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -48 3 -16 -2 -33 -63 -695 -125 -85 -87 187 198
Adjusted Earnings Per Share -24.8 1.6 -8 -1.2 -16.8 -32.5 -357.3 -64.2 -43.6 -45 96.3 102.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 7% 34% 5% 3%
Operating Profit CAGR 16% 105% 5% 1%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 60% 52% 42% 9%
ROE Average 0% 0% -47% -24%
ROCE Average 63% 25% 5% 5%

Asian Hotels (North) Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 753 757 741 739 706 643 372 247 162 75 262
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 741 823 882 831 831 815 847 873 796 709 161
Other Non-Current Liabilities 47 21 3 4 -5 -19 -20 -35 -35 -35 10
Total Current Liabilities 357 250 186 218 259 316 344 432 611 916 1111
Total Liabilities 1899 1851 1812 1792 1791 1755 1542 1517 1534 1664 1544
Fixed Assets 1271 1213 1186 1148 1129 1096 1503 1479 1457 1434 1418
Other Non-Current Assets 595 586 575 580 589 595 12 10 14 22 26
Total Current Assets 33 52 52 63 74 64 27 28 63 208 101
Total Assets 1899 1851 1812 1792 1791 1755 1542 1517 1534 1664 1544

Asian Hotels (North) Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 33 3 10 11 6 5 2 1 1 19 53
Cash Flow from Operating Activities 27 42 82 104 101 109 47 15 43 72 437
Cash Flow from Investing Activities 34 47 18 44 7 22 -1 -3 4 0 -5
Cash Flow from Financing Activities -91 -82 -98 -153 -109 -134 -47 -11 -29 -38 -431
Net Cash Inflow / Outflow -30 7 2 -5 -1 -3 -1 0 18 35 0
Closing Cash & Cash Equivalent 3 10 11 6 5 2 1 1 19 53 54

Asian Hotels (North) Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -24.77 1.64 -8.03 -1.24 -16.85 -32.45 -357.34 -64.16 -43.6 -44.98 96.26
CEPS(Rs) -11.12 13.31 2.88 9.02 -6.95 -23.23 -348.69 -51.25 -31.75 -33.72 107.57
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 288.05 290.62 282.77 379.75 362.99 330.6 -26.4 -85.51 -124.24 -164.37 -63.18
Core EBITDA Margin(%) 18.85 29.53 33.07 30.76 30.04 21.75 -27.52 4.6 21.27 24.31 26.39
EBIT Margin(%) 20.75 39.16 28.51 34.82 25.98 20.41 -832.25 -11.51 12.9 17.61 114.92
Pre Tax Margin(%) -19.47 -9.38 -10.91 -1 -15.38 -29.3 -957.7 -95.62 -33.16 -29.29 72.92
PAT Margin (%) -20.69 1.32 -6.22 -0.88 -11.98 -25.01 -957.71 -95.62 -33.16 -29.35 58.85
Cash Profit Margin (%) -9.29 10.74 2.23 6.39 -4.94 -17.91 -934.54 -76.39 -24.15 -22.01 65.76
ROA(%) -2.5 0.17 -0.85 -0.13 -1.83 -3.56 -42.16 -8.16 -5.56 -5.47 11.67
ROE(%) -8.24 0.57 -2.8 -0.38 -4.54 -9.36 -234.94 0 0 0 0
ROCE(%) 3.25 6.34 4.76 6.1 4.37 3.24 -48.9 -1.66 3.79 6.68 63.06
Receivable days 15.54 15.54 15.67 15.23 19.13 21.28 68.04 28.71 15.97 20.48 19.31
Inventory Days 8.39 9.51 12.69 14.03 15.27 15.62 40.59 16.15 10.65 12.61 14.15
Payable days 248.21 355.27 444.6 445.37 517.96 718.75 2823.33 1590.11 954.17 966.01 695.85
PER(x) 0 67.07 0 0 0 0 0 0 0 0 3.87
Price/Book(x) 0.35 0.38 0.4 0.8 0.39 0.2 -2.29 -0.95 -0.91 -0.82 -5.9
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 4.72 4.74 4.6 5.37 4.33 4.15 14.81 9.34 5.02 4.23 3.84
EV/Core EBITDA(x) 14.66 13.43 12.44 12.76 13.1 15.1 -59.36 120.85 22.88 16.94 14.13
Net Sales Growth(%) 2.08 3.57 4.17 9.38 -0.3 -7.72 -71.24 79.83 95.96 16.54 6.74
EBIT Growth(%) -25.78 95.48 -24.17 33.47 -25.66 -27.5 -1272.65 97.51 319.75 59.03 596.66
PAT Growth(%) -103.6 106.6 -590.72 84.49 -1253.8 -92.62 -1001.09 82.05 32.04 -3.16 314.02
EPS Growth(%) -103.6 106.6 -590.72 84.49 -1253.8 -92.62 -1001.09 82.05 32.04 -3.15 314.02
Debt/Equity(x) 1.62 1.67 1.72 1.21 1.29 1.43 -18.67 -6.42 -4.48 -3.29 -4.48
Current Ratio(x) 0.09 0.21 0.28 0.29 0.28 0.2 0.08 0.07 0.1 0.23 0.09
Quick Ratio(x) 0.08 0.18 0.23 0.24 0.24 0.17 0.06 0.05 0.09 0.21 0.08
Interest Cover(x) 0.52 0.81 0.72 0.97 0.63 0.41 -6.63 -0.14 0.28 0.38 2.74
Total Debt/Mcap(x) 4.64 4.43 4.27 1.52 3.29 7.06 8.15 6.75 4.9 4.02 0.76

Asian Hotels (North) Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 50.69 50.69 50.69 0.16 3.17 3.17 3.17 0 0 0
FII 0 0 0 5.26 5.26 5.26 5.26 5.26 5.26 5.64
DII 0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.13
Public 49.17 49.17 49.17 94.45 91.44 91.44 91.44 94.61 94.61 94.23
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -4.5 times its book value
  • Debtor days have improved from 966.01 to 695.85days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 0%.
  • Company has a low return on equity of 0% over the 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.

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