Asian Hotels (W) Share Price & Earnings Call Analysis

Financials of Asian Hotels (W)

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

Financials of Asian Hotels (W)

Quarterly Results

Quarter-by-quarter operating performance

Sep 2020Dec 2020Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +353411098109909611011589114111122
Expenses +27365961675158616955596267
Operating Profit8-25137423838494634554954
OPM %22%-5%47%38%39%43%39%44%40%38%49%44%45%
Other Income +2225522-16-5222-18
Interest25242028861918181314131214
Depreciation1313991099131011121010
Profit before tax-28-37245-48131311711322912
Tax %-0%1%-0%65%-19%-37%-38%-272%105%28%24%24%13%
Net Profit +-28-37242-3918185-18242211
EPS in Rs-24.38-32.0720.741.43-33.7115.0915.504.38-0.826.9320.9518.589.30

Financials of Asian Hotels (W)

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +274319364385432431131159347400411435
Expenses +220239256262282278132136202229235243
Operating Profit5580108123150153-023145171176192
OPM %20%25%30%32%35%35%-0%14%42%43%43%44%
Other Income +241815251611111013-17-11
Interest9596102919010710893891537354
Depreciation495255564752526138384143
Profit before tax-88-64-31-10389-149-12028-74585
Tax %-1%-4%2%18%-94%89%-0%-2%-17%-183%11%23%
Net Profit +-87-61-31-11741-149-1183264065
EPS in Rs-62.03-44.13-27.26-7.5364.230.85-127.75-100.8527.844.7334.1655.77
Dividend Payout %-0%-2%-4%-13%2%0%0%0%0%0%0%0%

Financials of Asian Hotels (W)

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111111111212121212121212
Reserves21516312411411099-49-167-135-129-90-25
Borrowings +7347567797637929641,0061,004959999915839
Other Liabilities +2272132072161838280121143111117151
Total Liabilities1,1881,1441,1221,1051,0961,1561,049970979993954977
Fixed Assets +994944923886848985928865828794773768
CWIP0109311561230
Investments000810000000
Other Assets +19319019020724617011698150196178209
Total Assets1,1881,1441,1221,1051,0961,1561,049970979993954977

Financials of Asian Hotels (W)

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +3377831441691521870155152138203
Cash from Investing Activity +-12-12-24-31-131-233122-4-91-24
Cash from Financing Activity +-5-71-58-96-56-123-61-94-117-124-151-121
Net Cash Flow16-6116-186-11-23418-1257
Free Cash Flow2165611281601311771155145118160
CFO/OP67%99%79%120%118%104%-4,500%298%105%89%78%106%

Financials of Asian Hotels (W)

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days201519211712292321141415
Inventory Days897976
Days Payable260226190
Cash Conversion Cycle-150-132-96211712292321141415
Working Capital Days-57-54-19-20-36-58-890-824-379-402-419-413
ROCE %1%3%8%9%14%12%-4%-3%14%17%17%19%

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