1. Is Asian Hotels (East) Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Asian Hotels (East) Ltd is a average quality company.
2. Is Asian Hotels (East) Ltd undervalued or overvalued?
The key valuation ratios of Asian Hotels (East) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Asian Hotels (East) Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Asian Hotels (East) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||4%||3.3%||1.7%||2.5%||1.6%||1.5%||1.7%||1.6%||0.1%||0.1%||-|
|Value Creation Index ⓘ||-0.7||-0.8||-0.9||-0.8||-0.9||-0.9||-0.9||-0.9||-1.0||-1.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||2.7%||7.4%||-1.4%||0.2%||3.9%||1.3%||-11%||-68.1%||74.1%||-|
|Adj EPS ⓘ||18.5||16||8.8||8.3||8.9||7.9||9.2||8.2||0.4||0.3||8.3|
|YoY Gr. Rt. %||-||-13.6%||-45.2%||-5.2%||7%||-11%||16.2%||-11.2%||-95.4%||-23.7%||-|
|BVPS (₹) ⓘ||476.8||490.3||493.9||522||513.9||522||533||494.3||493.4||491.8||59.3|
|Adj Net Profit ⓘ||31.8||27.5||15.1||14.3||15.4||13.7||15.9||14.1||0.7||0.5||19|
|Cash Flow from Ops. ⓘ||14.4||20||17.9||13.4||7||18.2||19.6||43.2||-7.7||0.5||-|
|Debt/CF from Ops. ⓘ||0||0||9.2||10.4||0||0||0.1||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-37%||-49.6%||-68.4%||-23.7%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||4||3.3||1.8||1.6||1.7||1.5||1.7||1.6||0.1||0.1||3|
|Op. Profit Mgn % ⓘ||24.2||24.4||22.9||23.3||18.8||18.3||18.5||18||-19.4||-4.1||8.3|
|Net Profit Mgn % ⓘ||35.2||29.6||15.1||14.6||15.6||13.4||15.4||15.3||2.2||1||25.3|
|Debt to Equity ⓘ||0||0||0.2||0.2||0||0||0||0||0||0||0|
|Working Cap Days ⓘ||516||672||1,139||1,598||1,516||1,366||1,373||1,025||1,104||461||230|
|Cash Conv. Cycle ⓘ||-14||-10||-22||-29||-2||12||5||-6||-1||-10||104|
Return on Equity has increased versus last 3 years average to 3.00%
Sales growth is good in last 4 quarters at 115.06%
Sales growth has been subdued in last 3 years 0.00%
|TTM EPS (₹)||8.3||-0.6|
|TTM Sales (₹ Cr.)||75.7||147|
|BVPS (₹.) ⓘ||59.3||85.8|
|Reserves (₹ Cr.) ⓘ||114||175|
|From the Market|
|52 Week Low / High (₹)||105.30 / 253.10|
|All Time Low / High (₹)||74.20 / 329.33|
|Market Cap (₹ Cr.)||254|
|Equity (₹ Cr.)||23.1|
|Face Value (₹)||10|
|Industry PE ⓘ||55|
Asian Hotels (East) was originally incorporated as Vardhman Hotels on January 8, 2007, under the Companies Act, 1956, with the Registrar of Companies, NCT of Delhi and Haryana. The company was converted into a Public Limited Company and the subsequently the name was changed to Vardhman Hotels with effect from (w.e.f.) July 28, 2007. The company entered into a Scheme of Arrangement and De-merger with Asian Hotels (Transferor Company).
A Scheme of Arrangement & Demerger amongst Asian Hotels and its shareholders & creditors (Transferor Company), Chillwinds Hotels and its shareholders (Transferee Company-I) & Vardhman Hotels and its shareholders (Transferee Company-II) [the Scheme] became effective on February 11, 2010 after the Order dated January 13, 2010 duly sanctioned & passed by the Delhi High Court was filed with the Registrar of the company, NCT of Delhi and Haryana. Both the Transferee Companies were wholly owned subsidiaries of the Transferor Company. Before effectiveness of the Scheme, Asian Hotels had 3 properties in the form of 5 star hotels situated in New Delhi (Hyatt Regency Delhi), Mumbai (Hyatt Regency Mumbai) and Kolkata (Hyatt Regency Kolkata).
Post effectiveness of the Scheme, assets and liabilities of Mumbai Undertaking and Kolkata Undertaking respectively were demerged, transferred and vested with Chillwinds Hotels being the Transferee Company-I and Vardhman Hotels being the Transferee Company-II and Asian Hotels (Transferor Company) retained the residual assets which mainly consisted of Hyatt Regency Delhi Hotel. The demerger, transfer, vesting and retention of assets & liabilities happened retrospectively w.e.f. October 31, 2009 being the Appointed Date defined in the Scheme and the 3 undertakings became separate & independent entities from the date. Upon this Scheme becoming effective on February 11, 2010, the name of Vardhman Hotels (Transferee Company-II) was changed to â€œAsian Hotels (East)â€ after obtaining permission of the Registrar of Companies.
Business area of the company
Asian Hotels (East) is into the business of hospitality industries & is managed by a professional Board of Directors consisting of eminent personalities & professionals.