WEBSITE BSE:530065 NSE: LORDSHOTL Inc. Year: 1985 Industry: Hotel, Resort & Restaurants My Bucket: Add Stock
Last updated: 11:05
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1. Business Overview
Lords Ishwar Hotels Ltd. operates in the hospitality sector. The company primarily engages in the business of owning, operating, and managing hotels, resorts, and related food & beverage (F&B) outlets. Its core business model involves generating revenue from room occupancy (accommodation services), sales of food and beverages through its restaurants and banquet facilities, and potentially income from event hosting, conferencing, and other ancillary services like spas or recreation facilities.
2. Key Segments / Revenue Mix
The primary revenue segments for Lords Ishwar Hotels Ltd. are likely:
Accommodation: Revenue derived from room nights sold to guests. This typically forms the largest portion of revenue for hotel companies.
Food & Beverage (F&B): Revenue generated from restaurant sales, in-room dining, bar sales, and catering for events and banquets.
Other Services: May include revenue from event spaces, laundry services, spa/recreational facilities, or rental income from commercial spaces within its properties.
Due to lack of specific data, exact contributions cannot be quantified, but accommodation and F&B would be the predominant segments.
3. Industry & Positioning
The company operates within the Indian Hotel, Resort & Restaurants industry, which is characterized by a mix of organized national and international chains, regional players, and a large unorganized sector. The Indian hospitality market is highly competitive and diverse, catering to various segments from luxury to budget. Given the company's name and likely scale (based on it being a smaller listed entity), Lords Ishwar Hotels Ltd. likely positions itself as a regional or mid-market player, possibly focused on specific cities, tourist destinations, or business hubs within India. It competes with other independent hotels, smaller hotel chains, and potentially budget-friendly brands of larger groups.
4. Competitive Advantage (Moat)
Lords Ishwar Hotels Ltd. likely possesses limited or no significant sustainable competitive advantages (moats) typical of larger, more established hotel chains.
Brand: While it may have local recognition in specific markets, it generally lacks a strong national or international brand pull compared to major players.
Scale: The company does not appear to operate at a scale that would offer significant cost advantages or bargaining power.
Network Effects / Switching Costs: These are generally low in the hotel industry, as customers can easily switch between properties.
Proprietary Technology/Assets: Unlikely to be a significant factor.
Any competitive edge might stem from strategic locations of its properties, targeted service quality, competitive pricing, or strong local management rather than a broad, durable moat.
5. Growth Drivers
Increasing Domestic and International Tourism: Growth in travel due to rising disposable incomes, government initiatives promoting tourism, and improved connectivity in India.
Economic Growth and Business Travel: A robust Indian economy drives corporate travel, MICE (Meetings, Incentives, Conferences, Exhibitions) events, and leisure travel.
Urbanization and Infrastructure Development: Growth of tier-2 and tier-3 cities and improved transport infrastructure can open new markets for hospitality.
Expansion Initiatives: The opening of new owned, leased, or managed properties in strategic locations.
Upgrades and Renovation: Investment in property upgrades can lead to higher Average Room Rates (ARR) and improved occupancy.
6. Risks
Economic Downturns: The hospitality industry is highly sensitive to economic cycles, as consumer and business discretionary spending on travel can decline during slowdowns.
Intense Competition: Fierce competition from established national and international chains, as well as the unorganized sector, can lead to pricing pressure and impact occupancy rates.
Seasonality: Revenue and profitability can be subject to seasonal fluctuations in travel demand.
Regulatory and Policy Changes: Changes in tourism policies, taxation, land use regulations, or environmental norms can impact operations and expansion plans.
Health Crises or Geopolitical Events: Pandemics (e.g., COVID-19) or regional instabilities can severely disrupt travel and tourism.
Rising Operating Costs: Increases in food and beverage costs, labor wages, utility expenses, and real estate costs can squeeze margins.
Debt and Capital Expenditure: Reliance on debt for expansion exposes the company to interest rate risks, and high capital expenditure requires strong returns to justify.
7. Management & Ownership
Lords Ishwar Hotels Ltd. is a publicly listed company, which in India often implies a significant ownership stake by its promoters (founding families or individuals). The quality of management is critical for operational efficiency, service delivery, and strategic expansion in the highly competitive hospitality sector. Without specific information, it's difficult to assess the management team's track record or corporate governance practices, but these factors directly influence the company's ability to navigate industry challenges and capitalize on growth opportunities.
8. Outlook
The Indian hospitality sector presents long-term growth potential, driven by the country's economic expansion, growing middle class, and increasing tourism. For Lords Ishwar Hotels Ltd., this environment offers opportunities to expand its footprint and improve performance, particularly if it can identify and capitalize on niche markets or strategic locations where competition is less intense, or if it excels in service quality and guest experience.
However, the company faces significant challenges typical of smaller players in a capital-intensive and highly competitive industry. Without a strong brand, large scale, or a unique value proposition, it may struggle to compete effectively against well-funded national and international chains. Its performance will be highly sensitive to economic fluctuations, operational efficiency, and the ability of its management to execute growth strategies while controlling costs. The outlook is cautiously optimistic, acknowledging the industry's potential but emphasizing the hurdles for an entity without inherent durable competitive advantages.
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Market Cap ₹12 Cr.
Stock P/E 33.5
P/B 2
Current Price ₹15.5
Book Value ₹ 7.8
Face Value 10
52W High ₹21.6
Dividend Yield 0%
52W Low ₹ 13.8
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 |
| Total Expenditure | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | 0 |
| Provision for Tax | -0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | 0 |
| Adjustments | 0 | -0 | 0 | 0 | -0 | 0 | 0 | -0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | 0 |
| Adjusted Earnings Per Share | 0.1 | 0.1 | 0.3 | 0 | 0.1 | -0 | 0.4 | -0.1 | -0.1 | 0.1 |
| #(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 | 4 | 4 | 6 | 7 | 9 | 8 | 3 | 5 | 7 | 8 | 8 | 7 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 4 | 4 | 6 | 7 | 9 | 8 | 3 | 5 | 7 | 8 | 9 | 9 |
| Total Expenditure | 4 | 4 | 5 | 7 | 8 | 7 | 3 | 5 | 7 | 7 | 8 | 7 |
| Operating Profit | 0 | 0 | 0 | 0 | 1 | 0 | -0 | 0 | 0 | 1 | 1 | 0 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -1 | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 | 0 |
| Profit After Tax | -1 | -0 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -1 | -0 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted Earnings Per Share | -1 | -0.4 | -0.2 | -0.3 | 0.3 | 0.2 | -0.5 | 0.2 | 0.2 | 0.7 | 0.5 | 0.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 17% | 0% | 7% |
| Operating Profit CAGR | 0% | 0% | 0% | 0% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -9% | 23% | 30% | 11% |
| ROE Average | 6% | 6% | 3% | -0% |
| ROCE Average | 7% | 5% | 2% | 1% |
| #(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 | 6 | 5 | 5 | 5 | 5 | 6 | 5 | 5 | 5 | 6 | 6 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 5 | 5 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 7 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 0 | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Total Liabilities | 11 | 10 | 11 | 11 | 11 | 10 | 9 | 9 | 9 | 9 | 14 |
| Fixed Assets | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Other Non-Current Assets | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 6 |
| Total Current Assets | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Total Assets | 11 | 10 | 11 | 11 | 11 | 10 | 9 | 9 | 9 | 9 | 14 |
| #(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 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 |
| Cash Flow from Operating Activities | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | -4 |
| Cash Flow from Investing Activities | -1 | -1 | -1 | -0 | -0 | -0 | 0 | 0 | -0 | -0 | -0 |
| Cash Flow from Financing Activities | -1 | 0 | 0 | 0 | -0 | -0 | -1 | 0 | 0 | -0 | 4 |
| Net Cash Inflow / Outflow | 0 | 0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | 0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
| # | 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) | -0.99 | -0.41 | -0.16 | -0.27 | 0.3 | 0.23 | -0.51 | 0.22 | 0.15 | 0.66 | 0.46 |
| CEPS(Rs) | -0.18 | 0.37 | 0.39 | 0.17 | 0.71 | 0.54 | -0.12 | 0.49 | 0.48 | 0.98 | 0.76 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 7.72 | 7.31 | 7.15 | 6.88 | 7.21 | 7.43 | 6.32 | 6.59 | 6.77 | 7.42 | 7.9 |
| Core EBITDA Margin(%) | 9.17 | 6.05 | 4.93 | 5.87 | 6.4 | 5.82 | -2.51 | 5.7 | 6.4 | 9.01 | 8.55 |
| EBIT Margin(%) | -4.16 | -6.86 | -2.11 | 1.53 | 2.91 | 2.94 | -11.68 | 1.99 | 3.16 | 5.92 | 8.84 |
| Pre Tax Margin(%) | -18.65 | -6.86 | -2.11 | 1.53 | 2.91 | 2.94 | -11.68 | 1.99 | 3.16 | 5.92 | 5.12 |
| PAT Margin (%) | -18.65 | -6.86 | -2.11 | -2.86 | 2.63 | 2.33 | -12.25 | 3.3 | 1.53 | 6.37 | 4.13 |
| Cash Profit Margin (%) | -3.38 | 6.3 | 5.14 | 1.79 | 6.16 | 5.35 | -2.88 | 7.27 | 4.87 | 9.52 | 6.74 |
| ROA(%) | -6.43 | -2.92 | -1.12 | -1.86 | 2.12 | 1.66 | -4.03 | 1.88 | 1.25 | 5.28 | 2.95 |
| ROE(%) | -11.18 | -5.44 | -2.21 | -3.82 | 4.33 | 3.2 | -7.42 | 3.46 | 2.27 | 9.25 | 6.03 |
| ROCE(%) | -1.45 | -2.95 | -1.18 | 1.07 | 2.57 | 2.33 | -4.22 | 1.27 | 2.9 | 5.52 | 6.96 |
| Receivable days | 25.36 | 23.57 | 17.79 | 5.82 | 24.13 | 49.25 | 79.87 | 37.05 | 35.19 | 43.3 | 32 |
| Inventory Days | 23.08 | 26.98 | 51.03 | 65.97 | 42.44 | 34.05 | 70.01 | 36.41 | 24.04 | 22.96 | 21.4 |
| Payable days | 45.17 | 28.23 | 84.73 | 61.7 | 24.95 | 30.29 | 45.79 | 52.26 | 41.13 | 35.36 | 30.77 |
| PER(x) | 0 | 0 | 0 | 0 | 15.58 | 0 | 0 | 35.65 | 66.75 | 23.94 | 31.62 |
| Price/Book(x) | 0.69 | 0.72 | 1.79 | 1.07 | 0.66 | 0 | 0.69 | 1.21 | 1.5 | 2.12 | 1.85 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 2.19 | 1.93 | 2.53 | 1.43 | 0.84 | 1.45 | 1.92 | 1.66 | 1.35 | 1.82 | 2.02 |
| EV/Core EBITDA(x) | 19.74 | 30.63 | 49.28 | 23.1 | 13.02 | 24.39 | -83.38 | 27.93 | 20.73 | 20.03 | 17.67 |
| Net Sales Growth(%) | -21.82 | 12.37 | 26.96 | 23.66 | 23.83 | -12.85 | -58.72 | 62.26 | 47.02 | 3.76 | 8.67 |
| EBIT Growth(%) | -114.16 | -85.23 | 60.98 | 189.89 | 134.58 | -11.73 | -263.79 | 127.65 | 133.47 | 94.54 | 62.15 |
| PAT Growth(%) | -4426.7 | 58.64 | 60.98 | -67.88 | 213.9 | -23.08 | -317.37 | 143.75 | -31.87 | 331.89 | -29.62 |
| EPS Growth(%) | -4432.88 | 58.64 | 60.99 | -67.94 | 213.9 | -23.09 | -317.4 | 143.74 | -31.88 | 331.99 | -29.63 |
| Debt/Equity(x) | 0.82 | 0.87 | 0.89 | 0.92 | 0.79 | 0.69 | 0.66 | 0.63 | 0.61 | 0.51 | 1.18 |
| Current Ratio(x) | 27.86 | 13.65 | 2.7 | 5.59 | 2.99 | 4.83 | 2.76 | 2.88 | 3.21 | 3.7 | 3.02 |
| Quick Ratio(x) | 23.97 | 11.06 | 1.21 | 2.36 | 2.23 | 3.4 | 1.88 | 2.17 | 2.51 | 2.95 | 2.31 |
| Interest Cover(x) | -0.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.38 |
| Total Debt/Mcap(x) | 1.19 | 1.21 | 0.5 | 0.86 | 1.2 | 0 | 0.95 | 0.52 | 0.41 | 0.24 | 0.64 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 54.63 | 54.63 | 54.63 | 54.63 | 54.63 | 54.63 | 54.63 | 54.63 | 54.63 | 54.63 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 3.48 | 3.48 | 3.48 | 3.48 | 3.48 | 3.48 | 3.48 | 3.48 | 3.48 | 3.48 |
| Public | 41.88 | 41.88 | 41.88 | 41.88 | 41.88 | 41.88 | 41.88 | 41.88 | 41.88 | 41.88 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Public | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 |
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