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Suba Hotels Ltd (SUBAHOTELS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SUBAHOTELS Hotel, Resort & Restaurants | Small Cap | Suba Hotels Share Price

BSE Share Price
Not Listed

Suba Hotels Ltd (SUBAHOTELS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SUBAHOTELS Hotel, Resort & Restaurants | Small Cap | Suba Hotels Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹303 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹3.7
TTM Sales
₹88.4 Cr.
Book Value per Share
₹20.5
P/E Ratio
34.01
Lower than its 5-year historical median
Industry PE
42.8
Price to Book (P/B)
6.09
Price to Sales (P/S)
3.43
Lower than its 5-year historical median
EV/EBITDA
20.58
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
19.62%
Outperforms industry median
Return on Capital Employed (ROCE)
8.59%
Underperforms industry median
Return on Assets (ROA)
5.63%
Operating Profit Margin
21.3%
Net Profit Margin
10.88%
Gross Profit Margin
22%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
35.88%
Operating Profit Growth (1 Year)
-
14.63%
Net Profit Growth (1 Year)
-
35.96%
Asset Quality
Promoter Holding
60.93%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹26 Cr.
Equity
₹24.2 Cr.
Face Value
₹10
All Time Low / High
- / -

Suba Hotels stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Suba Hotels Ltd a good quality company?
Suba Hotels Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Suba Hotels Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Suba Hotels Ltd vs industry peers?
Suba Hotels Ltd revenue CAGR is 130.63%, compared to the industry median CAGR of 24.39%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Suba Hotels Ltd?
Promoters hold 60.93% of the Suba Hotels Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Suba Hotels Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Suba Hotels Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -1.3%4.3%11.4%8.6%-
Value Creation
Index
-1.1-0.7-0.2-0.4-

Growth Parameters

Sales 3.920.13547.688
Sales YoY Gr.-418%74.3%35.9%-
Adj EPS -0.71.94.73.83.7
YoY Gr.-NA149.2%-17.6%-
BVPS (₹) 23.822.927.617.320.5
Adj Net
Profit
-0.51.53.86.79
Cash Flow from Ops. 0.532.79.89.3-
Debt/CF from Ops. 3.11.34.74.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA130.6%35.9%
Adj EPS NANANA-17.6%
BVPSNANA-10%-37.1%
Share Price - - - -

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-2.87.516.424.319.4
Op. Profit
Mgn %
-3.820.225.221.3NAN
Net Profit
Mgn %
-13.87.610.914.110.1
Debt to
Equity
0.12.221.5-
Working Cap
Days
02491981770
Cash Conv.
Cycle
0-52-89-640

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Sales4203548
Operating Expenses + 4162637
Manufacturing Costs1577
Material Costs1345
Employee Cost 13510
Other Costs 151015
Operating Profit -04910
Operating Profit Margin (%) -3.8%20.2%25.2%21.2%
Other Income + 0001
Exceptional Items 0-0-0-2
Interest 0000
Depreciation 0212
Profit Before Tax -0276
Tax 0041
Profit After Tax -0245
PAT Margin (%) -10.1%7.5%10.9%10.9%
Adjusted EPS (₹)-0.51.84.73.0
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Suba Hotels - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund + 19192330
Share Capital 2225
Reserves 17172026
Debt +1404444
Long Term Debt06411
Short Term Debt1354033
Minority Interest0000
Trade Payables0568
Others Liabilities 281415
Total Liabilities 23728797

Fixed Assets

Net Fixed Assets +13445350
Gross Block16556574
Accumulated Depreciation3101225
CWIP 091118
Investments 0000
Inventories0000
Trade Receivables0136
Cash Equivalents 0133
Others Assets 10161719
Total Assets 23728797

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity + 033109
PBT -0276
Adjustment 0225
Changes in Working Capital 0293-1
Tax Paid 0-0-3-0
Cash Flow From Investing Activity + -0-6-12-9
Capex -1-5-12-8
Net Investments 0000
Others 0-10-0
Cash Flow From Financing Activity + -0-264-1
Net Proceeds from Shares 0000
Net Proceeds from Borrowing 0-26-27
Interest Paid -0-0-0-0
Dividend Paid 0000
Others 0-06-7
Net Cash Flow 0-02-0

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-27.918.4619.62
ROCE (%)-1.344.2811.368.59
Asset Turnover Ratio0.170.420.440.52
PAT to CFO Conversion(x)N/A16.52.51.8
Working Capital Days
Receivable Days32.9016.5024.6037.40
Inventory Days1.400.500.400.70
Payable Days149307.70483.70480.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Suba Hotels Ltd FAQs

The current trading price of Suba Hotels on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Suba Hotels stood at ₹303.0 Cr

The latest P/E ratio of Suba Hotels as of 31-Dec-1969 is 34.01.

The latest P/B ratio of Suba Hotels as of 31-Dec-1969 is 6.09.

The 52-week high of Suba Hotels is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Suba Hotels is ₹88.43 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Suba Hotels Ltd is a below average quality company.

The key valuation ratios of Suba Hotels Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Suba Hotels Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Suba Hotels Ltd

Suba Hotels was incorporated on October 23, 1997, under the Companies Act, 1956 with the corporate name ‘Trupti Supercaterers and Hotels Private Limited’ on with a certificate of incorporation granted by the Registrar of Companies, Mumbai (RoC Mumbai). On October 8, 2014, the name of the company was subsequently changed to ‘Hotel Suba Star Private Limited’ pursuant to a fresh incorporation granted by RoC Mumbai and then on October 11, 2023, was further changed to ‘Suba Hotels Private Limited’. Finally, on conversion of the company to a public limited company and pursuant to a resolution passed by its shareholders on October 30, 2023, the corporate name of the company was changed to ‘Suba Hotels Limited’ and it obtained a fresh certificate of incorporation from the Registrar of Companies, Gujarat, Dadra & Nagar Haveli at Ahmedabad (RoC) on November 17, 2023.

It is one of India’s largest domestic hotel chains in the mid-market sector with several operational hotels, comprising thousands keys across over many cities. The hotel chain also boasts a portfolio of several hotels in the pre-opening phase, encompassing thousands of rooms. It operates in the mid-market hotel sector, consisting of upscale, upper-midscale, midscale, and economy brands domestic as well as international. It primarily caters to guests across business, leisure, and religious tourism, delivering superior service standards at attractive price points.

Its diverse range of hotel categories such as owned, managed, revenue share & lease and franchised hotels and extensive portfolio of domestic and international brands are strategically designed to cater to various market segments. Positioned in prime locations and competitively priced, it offers exceptional value, which has driven its rapid expansion into markets traditionally underserved by chain-affiliated hotels. 

It has been promoted by Mansur Mehta and Mubeen Mehta. Mansur Mehta is an experienced professional in the hospitality industry with a career spanning approximately three decades. He began his journey by developing the first hotel, The Suba Palace, in Colaba, Mumbai in 1994. Mubeen Mehta is a visionary hotelier and entrepreneur who has seamlessly blended tradition with modernity to create a distinctive presence in the hospitality industry. His forward-thinking approach shines through in his use of cutting-edge technology and digital solutions to elevate guest experiences and optimize operations, all while upholding the core values of integrity, trust, and service. Mansur Mehta together with his son Mubeen Mehta have demonstrated their vision and capability by growing their operations organically and through strategic acquisitions and integrations. They have also acquired and integrated hotels like '1589 Hotels' and became the master franchisee of Choice Hotels in 2022 for their brands Clarion, Quality & Comfort. Mansur Mehta and Mubeen Mehta’s ability to adapt to changing circumstances and their pursuit of progress and growth have contributed to the success of each venture they undertake.

Business area of the company

The company is engaged in business of hotels. It primarily caters to guests across business, leisure, and religious tourism, delivering superior service standards at attractive price points. 

Key events and millstones

  • 2012: The existing management had acquired Trupti Super caterers & Hotels Private limited
  • 2014: The company started operations of Hotel Suba Elite Vadodara
  • 2015: The company started operations of Click Hotel Bhuj
  • 2016: The company started operations of Click Hotel Junagadh
  • 2020: The company entered into Lease - Revenue share agreement for Bangalore, Aurangabad, Jaipur and Nashik hotels
  • 2022: The company entered into Master Franchise agreement with International Brand-‘Choice International’
  • 2023: The company started operations at Pithampur, Vadodara, Bangalore and Bareilly in the brand name of ‘Click Hotel’
  • 2023: The composite Scheme of Amalgamation and Demerger which was approved by the National Company Law Tribunal, Ahmedabad
  • 2024: The company has acquired Click Rooms Hotel Management LLC
  • 2024: The company started operations at Click Hotel Dubai
  • 2024: Conversion of company from Private Limited to Public Limited Company.

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