Sharescart Research Club logo

West Leisure Resorts Overview

1. Business Overview

West Leisure Resorts Ltd. (WEST LEIRES) operates in the Hotel, Resort & Restaurants sector in India. Based on its name and industry classification, the company likely owns, manages, or leases properties such as hotels, resorts, and potentially restaurants. Its core business model involves generating revenue primarily from room rentals, food and beverage sales, banqueting, and other ancillary services offered at its hospitality establishments. The company caters to a range of guests, which may include leisure travelers, business travelers, and those attending events or conferences.

2. Key Segments / Revenue Mix

Without specific financial data, the exact revenue mix cannot be determined. However, typical revenue segments for a hospitality company like West Leisure Resorts Ltd. would include:

Rooms: Revenue generated from accommodation bookings. This is usually the largest component.

Food & Beverage (F&B): Income from restaurant operations, room service, bar sales, and catering.

Banqueting & Events: Revenue from hosting weddings, corporate events, conferences, and other social gatherings.

Other Services: This may include income from spas, recreational facilities, business centers, laundry, and ancillary retail.

3. Industry & Positioning

The Indian hotel and hospitality industry is characterized by a mix of organized chains (both domestic and international), independent hotels, and budget accommodations. It is a competitive and cyclical industry. West Leisure Resorts Ltd. would be positioned somewhere within this landscape, potentially focusing on specific geographic regions within India or targeting particular customer segments (e.g., luxury, mid-market, leisure, business, wellness). Its positioning relative to peers would depend on factors like brand recognition (if any), property locations, service quality, pricing strategy, and the scale of its operations.

4. Competitive Advantage (Moat)

Without specific details, identifying a strong, durable competitive advantage for West Leisure Resorts Ltd. is challenging. Potential sources of competitive advantage (moat) in the hospitality sector that the company might possess could include:

Prime Locations: Ownership or long-term leases of highly desirable or scarce properties (e.g., beachfront resorts, city center hotels) which are difficult for competitors to replicate.

Brand Recognition: If the company has established a strong, trusted brand name that resonates with specific customer segments, leading to repeat business and pricing power.

Service Quality: A consistent reputation for exceptional guest experience and service could differentiate it.

Niche Specialization: Expertise in a particular segment like wellness tourism, eco-tourism, or destination weddings.

5. Growth Drivers

Key factors that could drive growth for West Leisure Resorts Ltd. over the next 3-5 years, aligned with broader Indian hospitality trends, include:

Rising Disposable Incomes: Growth in consumer spending power in India driving both domestic and outbound tourism.

Increased Domestic Tourism: Government initiatives, improved infrastructure, and a growing middle class are boosting domestic travel.

Business Travel & MICE Revival: Recovery and growth in corporate travel, meetings, incentives, conferences, and exhibitions post-pandemic.

Inbound Tourism: Potential increase in foreign tourist arrivals to India.

Digitalization: Leveraging online travel agencies (OTAs), direct booking platforms, and digital marketing to reach a wider customer base.

6. Risks

West Leisure Resorts Ltd. faces several business risks common to the hospitality sector in India:

Economic Downturns: Hospitality is highly sensitive to economic cycles, with reduced disposable income impacting travel and leisure spending.

Geopolitical and Health Crises: Events like pandemics, political instability, or natural disasters can severely impact travel and occupancy rates.

Intense Competition: The industry is highly fragmented with numerous domestic and international players, leading to price wars and pressure on margins.

Seasonality: Revenue and occupancy can be highly seasonal depending on location and type of property.

High Fixed Costs: Hotels have significant fixed costs (property, maintenance, staff), making them vulnerable during periods of low occupancy.

Regulatory Changes: Changes in tourism policies, taxation (e.g., GST), or environmental regulations can impact operations and costs.

Real Estate Costs: High land and construction costs in India can make expansion capital-intensive.

7. Management & Ownership

As an Indian company, West Leisure Resorts Ltd. is likely promoted and controlled by a founding family or a core promoter group, which is common in India's corporate landscape. Without specific information, it is not possible to comment on the quality of its management team, their experience, or the specific ownership structure (e.g., promoter holdings, institutional holdings, public float). The effectiveness of management in navigating industry cycles, capital allocation, and operational efficiency would be crucial.

8. Outlook

The outlook for West Leisure Resorts Ltd. is tied to the broader trajectory of the Indian tourism and hospitality sector. On the positive side, India's large population, increasing disposable incomes, government focus on tourism infrastructure, and growing appetite for travel present significant opportunities for growth in both leisure and business segments. However, the company operates in a highly cyclical and competitive industry. Future performance will depend on its ability to effectively manage properties, control costs, adapt to changing consumer preferences, and withstand macroeconomic shocks. The inherent capital intensity of the business and potential for new supply in key markets will also impact its growth and profitability profile.

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

West Leisure Resorts Key Financials

Market Cap ₹28 Cr.

Stock P/E -695.3

P/B 1.4

Current Price ₹92

Book Value ₹ 64

Face Value 10

52W High ₹176.4

Dividend Yield 0.11%

52W Low ₹ 76.4

West Leisure Resorts Share Price

| |

Volume
Price

West Leisure Resorts Quarterly Price

Show Value Show %

West Leisure Resorts Peer Comparison

West Leisure Resorts Quarterly Results

#(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 0 0 0 1 0 0 -0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 1 0 0 -0 0 0 0
Total Expenditure 0 0 1 0 0 0 0 0 0 0
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 -1.2 0.9 -0.6 0.1 -0.5 0.6 -0.4 0

West Leisure Resorts 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 2 0 0 2 0 1 0 0 0 0 1 0
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 2 0 0 2 0 1 0 0 0 0 1 0
Total Expenditure 1 0 0 0 0 0 0 0 0 1 1 0
Operating Profit 1 0 0 2 -0 0 0 -0 0 -0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 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 2 -0 0 0 -0 0 -0 0 0
Provision for Tax 0 0 -0 -0 -0 1 0 -0 -0 -0 0 0
Profit After Tax 1 0 0 2 -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 2 -0 -0 0 -0 0 -0 -0 0
Adjusted Earnings Per Share 2 0 0.1 7 -0.2 -0.8 0.3 -0.8 0.2 -0.8 -0.1 -0.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% -7%
Operating Profit CAGR 0% 0% 0% -100%
PAT CAGR 0% 0% 0% -100%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -46% -20% 2% 5%
ROE Average -0% -0% -0% 1%
ROCE Average 0% -0% -0% 1%

West Leisure Resorts 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 21 21 21 24 23 20 19 19 19 20 19
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 -0 -0 -1 -1 -2 -2 -2 -0
Total Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 22 22 21 24 23 18 18 17 17 18 19
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 20 21 21 23 23 16 18 17 17 18 19
Total Current Assets 1 1 0 1 0 3 0 0 0 0 0
Total Assets 22 22 21 24 23 18 18 17 17 18 19

West Leisure Resorts 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 0 1 1 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 12 0 0 2 -0 -0 -0 -0 -0 -0 -0
Cash Flow from Investing Activities -10 -0 -1 -2 0 0 0 0 0 0 0
Cash Flow from Financing Activities -1 0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Net Cash Inflow / Outflow 1 -0 -1 -0 -0 -0 0 -0 -0 0 0
Closing Cash & Cash Equivalent 1 1 0 0 0 0 0 0 0 0 0

West Leisure Resorts 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) 1.98 0.01 0.07 6.98 -0.15 -0.8 0.34 -0.83 0.25 -0.83 -0.13
CEPS(Rs) 1.98 0.01 0.07 6.98 -0.15 -0.8 0.35 -0.82 0.25 -0.82 -0.13
DPS(Rs) 0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Book NAV/Share(Rs) 70.23 70.12 70.07 77.05 76.78 64.41 63.56 61.09 63.43 65.13 63.7
Core EBITDA Margin(%) 41.92 6.25 5.36 92.57 -58.94 64.04 40.81 -171.56 13.27 -142.29 7.65
EBIT Margin(%) 41.92 6.25 6.03 92.57 -59.47 63.82 40.53 -171.39 13.29 -138.38 8.99
Pre Tax Margin(%) 41.92 6.25 6.03 92.57 -59.47 63.82 40.53 -171.39 13.29 -138.38 8.99
PAT Margin (%) 30.4 0.62 9.27 93.23 -51.4 -41.99 26.22 -140.03 19.6 -105.04 -5.25
Cash Profit Margin (%) 30.4 0.62 9.27 93.23 -49.69 -41.71 26.7 -139.84 19.76 -104.75 -5.16
ROA(%) 2.26 0.01 0.1 9.39 -0.2 -1.17 0.57 -1.45 0.44 -1.44 -0.22
ROE(%) 2.87 0.01 0.1 9.49 -0.2 -1.14 0.53 -1.32 0.39 -1.28 -0.21
ROCE(%) 3.91 0.1 0.07 9.43 -0.23 1.73 0.82 -1.62 0.27 -1.69 0.35
Receivable days 99.9 0 0 0 0 0 0 0 0 0 0
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 200 188.36 0 0 0 0 0 0 0 0 0
PER(x) 0 0 841.75 9.37 0 0 225.4 0 620.46 0 0
Price/Book(x) 0 0 0.88 0.85 0 0 1.21 2.2 2.4 2.64 2.64
Dividend Yield(%) 0 0 0.16 0.15 0 0 0.13 0.07 0.07 0.06 0.06
EV/Net Sales(x) 0.87 5.43 76.89 8.68 32.31 5.2 58.92 228.16 121.6 218.73 66.63
EV/Core EBITDA(x) 2.07 86.87 1274.24 9.37 -55.92 8.12 143.66 -133.28 903.95 -158.41 733.86
Net Sales Growth(%) -50.74 -81.97 -32.79 847.17 -95.98 534.49 -31.92 -54.73 112.28 -37.19 220.33
EBIT Growth(%) -51.59 -97.31 -35.11 0 -102.59 780.88 -56.77 -291.45 116.47 -753.74 120.81
PAT Growth(%) -56.99 -99.63 899.15 9426.96 -102.22 -418.36 142.5 -341.8 129.72 -436.58 83.97
EPS Growth(%) 0 -99.63 899.15 9426.96 -102.22 -418.36 142.5 -341.8 129.72 -436.61 83.98
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 7.32 16.34 4.04 1.18 4.09 90.88 2.29 1.49 3.54 2.78 8.4
Quick Ratio(x) 7.32 16.34 4.04 1.18 4.09 90.88 2.29 1.49 3.54 2.78 8.4
Interest Cover(x) 0 0 0 0 0 0 0 0 0 0 0
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

West Leisure Resorts Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 71.08 71.08 71.08 71.08 71.08 71.08 71.08 71.08 71.08 71.08
FII 6.02 6.02 6.02 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 22.91 22.91 22.91 28.92 28.92 28.92 28.92 28.92 28.92 28.92
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

West Leisure Resorts News

West Leisure Resorts Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of -0% over the last 3 years.
whatsapp