Asian Hotels (E) Share Price & Earnings Call Analysis

Financials of Asian Hotels (E)

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Asian Hotels (E)

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +26282221323422233335252637
Expenses +19201818222022192221192023
Operating Profit784211131411146614
OPM %28%30%18%12%33%39%3%17%33%40%23%23%38%
Other Income +01190261010101100-62
Interest00008139912910100
Depreciation1111111111111
Profit before tax7841022614815-5-5-49
Tax %25%29%26%25%26%25%152%26%37%31%31%30%7%
Net Profit +5638219-03510-7-7-53
EPS in Rs2.903.311.644.541.0111.15-0.231.752.795.82-3.78-4.04-30.44

Financials of Asian Hotels (E)

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +180188193195190202185545194108113123
Expenses +140145145151151158150615373788383
Operating Profit39444844394435-7-221303040
OPM %22%23%25%23%20%22%19%-13%-4%23%28%26%32%
Other Income +1761566867-30123641-51
Interest495238191614141400214029
Depreciation253231313028261934444
Profit before tax-18-33-60-2101-33-36304327-45
Tax %33%18%17%914%242%65%1,089%-1%-4%18%25%36%
Net Profit +-24-39-7-4-64-8-33-34253218-56
EPS in Rs-4.35-12.733.74-2.02-3.312.05-4.34-19.06-19.9414.1918.3410.13-32.44
Dividend Payout %-46%-10%36%-66%-50%81%0%0%0%18%14%10%

Financials of Asian Hotels (E)

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital11111112121212121217171717
Reserves776745787763757762748713675186213226211
Borrowings +3533202901441381251141261410334330353
Other Liabilities +1199580616864948188384196119
Total Liabilities1,2601,1721,168981974963968931916241605669701
Fixed Assets +910875848837809783731716710179178179181
CWIP42202224533313
Investments24419621396781069595910030
Other Assets +1029910647867213911611060424484506
Total Assets1,2601,1721,168981974963968931916241605669701

Financials of Asian Hotels (E)

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +33404037183471-739-3850
Cash from Investing Activity +26493114422-20-448-1015810
Cash from Financing Activity +-58-92-71-180-25-30-28-07-10327-9
Net Cash Flow2-31015-16-00-1-0-01
Free Cash Flow29363633163064-11-134-387-10
CFO/OP101%108%101%99%71%94%201%142%23%72%-1,234%43%

Financials of Asian Hotels (E)

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days211522212932265283242122
Inventory Days45473650663447105128273634
Days Payable450489471296175194251503407133163246
Cash Conversion Cycle-383-427-413-225-80-128-178-347-196-82-107-189
Working Capital Days4640-210-65-77-65-32-130-203-63658-612
ROCE %2%2%2%2%2%3%2%-2%-1%4%14%12%

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