Apollo Sindoori Hotels Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 31, 2024, 8:58 am

Market Cap	443 Cr.
Current Price	1,704
High / Low	2,652/1,345
Stock P/E	48.4
Book Value	536
Dividend Yield	0.12 %
ROCE	11.7 %
ROE	8.80 %
Face Value	5.00
PEG Ratio	-26.59

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Apollo Sindoori Hotels Ltd

Competitors of Apollo Sindoori Hotels Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Howard Hotels Ltd	24.2 Cr.	26.6	33.5/18.2		10.4	0.00 %	9.86 %	8.53 %	10.0
HS India Ltd	27.2 Cr.	16.8	20.8/14.1	20.9	19.0	0.00 %	6.90 %	4.47 %	10.0
Gujarat Hotels Ltd	128 Cr.	337	341/158	28.2	119	0.74 %	13.9 %	11.2 %	10.0
Graviss Hospitality Ltd	384 Cr.	54.4	64.7/35.1	28.9	26.5	0.00 %	1.80 %	1.40 %	2.00
Goel Food Products Ltd	37.0 Cr.	19.6	78.0/19.3	9.48	11.9	2.55 %	18.9 %	25.4 %	10.0
Industry Average	9,935.29 Cr	482.95		378.91	88.06	0.39%	13.13%	15.79%	6.58

All Competitor Stocks of Apollo Sindoori Hotels Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	48.53	50.02	54.53	54.85	57.75	64.99	109.82	134.44	121.04	127.59	135.48	135.30	127.70
Expenses	45.66	46.36	53.67	50.58	53.70	60.34	106.50	130.07	114.03	121.96	128.56	130.70	122.58
Operating Profit	2.87	3.66	0.86	4.27	4.05	4.65	3.32	4.37	7.01	5.63	6.92	4.60	5.12
OPM %	5.91%	7.32%	1.58%	7.78%	7.01%	7.15%	3.02%	3.25%	5.79%	4.41%	5.11%	3.40%	4.01%
Other Income	2.00	2.52	5.10	3.61	1.52	1.58	10.65	6.51	2.32	2.16	2.16	3.88	2.72
Interest	0.42	0.41	0.40	1.17	0.54	0.57	2.54	2.15	1.85	1.84	2.13	1.97	2.18
Depreciation	0.97	0.99	1.00	1.90	1.22	1.23	1.75	1.73	1.88	1.92	1.91	2.04	2.15
Profit before tax	3.48	4.78	4.56	4.81	3.81	4.43	9.68	7.00	5.60	4.03	5.04	4.47	3.51
Tax %	25.86%	18.83%	9.43%	12.27%	14.96%	19.86%	16.43%	70.86%	31.79%	55.58%	26.19%	61.52%	57.55%
Net Profit	2.58	3.88	4.13	4.22	3.24	3.54	8.09	2.04	3.83	1.80	3.72	1.72	1.49
EPS in Rs	9.92	14.92	15.88	16.23	12.46	13.61	31.11	7.84	14.73	6.92	14.31	6.61	5.73

Last Updated: September 11, 2024, 11:38 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 11, 2024, 11:38 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	141	186	133	140	165	193	169	208	367	519	526
Expenses	133	178	121	130	153	185	164	196	350	495	504
Operating Profit	8	8	12	10	11	8	5	12	17	24	22
OPM %	6%	4%	9%	7%	7%	4%	3%	6%	5%	5%	4%
Other Income	1	-4	6	10	14	15	13	13	20	11	11
Interest	1	1	1	1	0	2	2	3	6	8	8
Depreciation	1	1	1	1	1	3	5	5	6	8	8
Profit before tax	7	2	16	18	24	19	11	18	25	19	17
Tax %	35%	52%	23%	18%	15%	17%	13%	16%	32%	42%
Net Profit	4	1	12	15	21	15	10	15	17	11	9
EPS in Rs	17.00	3.73	46.58	58.50	79.06	58.91	36.80	56.95	65.07	42.57	33.57
Dividend Payout %	9%	40%	3%	4%	4%	3%	3%	3%	2%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-75.00%	1100.00%	25.00%	40.00%	-28.57%	-33.33%	50.00%	13.33%	-35.29%
Change in YoY Net Profit Growth (%)	0.00%	1175.00%	-1075.00%	15.00%	-68.57%	-4.76%	83.33%	-36.67%	-48.63%

Apollo Sindoori Hotels Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	26%
3 Years:	45%
TTM:	8%

Compounded Profit Growth
10 Years:	%
5 Years:	-11%
3 Years:	6%
TTM:	10%

Stock Price CAGR
10 Years:	%
5 Years:	20%
3 Years:	27%
1 Year:	14%

Return on Equity
10 Years:	%
5 Years:	12%
3 Years:	11%
Last Year:	9%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 4:00 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	1	1	1	1	1	1	1	1	1	1	1
Reserves	24	24	31	46	66	78	87	101	119	134	138
Borrowings	4	3	7	1	0	26	24	23	127	87	85
Other Liabilities	23	34	25	29	34	42	40	41	92	93	95
Total Liabilities	52	63	64	77	102	147	152	166	339	315	319
Fixed Assets	5	6	4	4	5	30	28	27	49	52	55
CWIP	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	13	22	33	41	49	57	12	14	14
Other Assets	47	57	47	52	64	76	75	83	278	250	250
Total Assets	52	63	64	77	102	147	152	166	339	315	319

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	3	6	8	18	21	22	17	18	2	14
Cash from Investing Activity +	-4	-4	-9	-10	-13	-21	-12	-12	-47	6
Cash from Financing Activity +	-1	0	-0	-1	-1	2	-3	-4	41	-59
Net Cash Flow	-2	2	-1	7	7	4	2	1	-4	-40

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	4.00	5.00	5.00	9.00	11.00	-18.00	-19.00	-11.00	-110.00	-63.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	79	72	91	87	83	73	79	64	83	64
Inventory Days	15	9	8	7
Days Payable	71	76	99	116
Cash Conversion Cycle	24	5	0	-22	83	73	79	64	83	64
Working Capital Days	44	27	48	35	35	24	22	29	32	30
ROCE %		28%	48%	42%	42%	23%	12%	17%	12%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	64.68%	64.68%	64.68%	64.68%	64.68%	64.68%	64.68%	64.68%	64.68%	64.68%	64.68%	64.68%
FIIs	0.00%	0.00%	0.00%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.11%	0.10%	0.00%
DIIs	0.06%	0.06%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.27%	0.00%	0.00%
Public	35.26%	35.26%	35.26%	35.26%	35.26%	35.26%	35.26%	35.26%	35.26%	34.94%	35.23%	35.32%
No. of Shareholders	3,049	2,873	2,922	2,620	2,772	2,745	3,189	2,907	3,229	8,583	8,534	8,216

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	42.57	65.05	56.94	36.79	58.90
Diluted EPS (Rs.)	42.57	65.05	56.94	36.79	58.90
Cash EPS (Rs.)	72.38	79.64	35.37	19.50	33.34
Book Value[Excl.RevalReserv]/Share (Rs.)	519.53	461.56	393.67	338.04	305.52
Book Value[Incl.RevalReserv]/Share (Rs.)	519.53	461.56	393.67	338.04	305.52
Revenue From Operations / Share (Rs.)	1997.41	1411.33	799.63	647.37	744.03
PBDIT / Share (Rs.)	133.45	98.44	55.42	32.43	51.23
PBIT / Share (Rs.)	103.64	75.66	36.73	14.59	39.61
PBT / Share (Rs.)	73.63	87.67	27.50	7.27	34.18
Net Profit / Share (Rs.)	42.56	56.86	16.68	1.67	21.72
NP After MI And SOA / Share (Rs.)	42.56	65.05	56.94	36.78	58.90
PBDIT Margin (%)	6.68	6.97	6.93	5.00	6.88
PBIT Margin (%)	5.18	5.36	4.59	2.25	5.32
PBT Margin (%)	3.68	6.21	3.43	1.12	4.59
Net Profit Margin (%)	2.13	4.02	2.08	0.25	2.91
NP After MI And SOA Margin (%)	2.13	4.60	7.12	5.68	7.91
Return on Networth / Equity (%)	8.19	14.09	14.46	10.88	19.27
Return on Capital Employeed (%)	15.50	9.44	7.51	3.27	9.57
Return On Assets (%)	3.50	4.98	8.91	6.27	10.40
Long Term Debt / Equity (X)	0.01	0.40	0.02	0.04	0.05
Total Debt / Equity (X)	0.47	0.87	0.06	0.07	0.09
Asset Turnover Ratio (%)	1.59	1.45	1.57	1.35	1.91
Current Ratio (X)	1.62	1.94	1.92	1.80	1.73
Quick Ratio (X)	1.59	1.91	1.86	1.75	1.67
Dividend Payout Ratio (NP) (%)	3.52	2.30	2.19	5.43	5.09
Dividend Payout Ratio (CP) (%)	2.07	1.70	1.65	3.66	4.25
Earning Retention Ratio (%)	96.48	97.70	97.81	94.57	94.91
Cash Earning Retention Ratio (%)	97.93	98.30	98.35	96.34	95.75
Interest Coverage Ratio (X)	4.45	4.41	6.01	4.43	9.43
Interest Coverage Ratio (Post Tax) (X)	2.42	2.01	2.81	1.23	5.00
Enterprise Value (Cr.)	386.44	227.47	193.89	131.77	89.97
EV / Net Operating Revenue (X)	0.74	0.61	0.93	0.78	0.46
EV / EBITDA (X)	11.14	8.89	13.45	15.63	6.75
MarketCap / Net Operating Revenue (X)	0.83	0.74	1.02	0.87	0.52
Retention Ratios (%)	96.47	97.69	97.80	94.56	94.90
Price / BV (X)	3.21	2.28	2.08	1.68	1.28
Price / Net Operating Revenue (X)	0.83	0.74	1.02	0.87	0.52
EarningsYield	0.02	0.06	0.06	0.06	0.15

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Apollo Sindoori Hotels Ltd as of December 31, 2024 is: 2,285.67

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 31, 2024, Apollo Sindoori Hotels Ltd is Undervalued by 34.14% compared to the current share price 1,704.00

Intrinsic Value of Apollo Sindoori Hotels Ltd as of December 31, 2024 is: 2,244.06

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 31, 2024, Apollo Sindoori Hotels Ltd is Undervalued by 31.69% compared to the current share price 1,704.00

Last 5 Year EPS CAGR: -1.82%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 23.60%, which is a positive sign. The company has higher reserves (77.09 cr) compared to borrowings (35.18 cr), indicating strong financial stability. The company has shown consistent growth in sales (249.73 cr) and profit (16.00 cr) over the years.	The stock has a high average Working Capital Days of 32.60, which may not be favorable. The stock has a high average Cash Conversion Cycle of 45.30, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Apollo Sindoori Hotels Ltd:
1. Net Profit Margin: 2.13%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 15.5% (Industry Average ROCE: 12.42%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 8.19% (Industry Average ROE: 13.65%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.42
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.59
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 48.4 (Industry average Stock P/E: 276.5)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.47
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Apollo Sindoori Hotels Ltd. is a Public Limited Listed company incorporated on 03/11/1998 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L72300TN1998PLC041360 and registration number is 041360. Currently company belongs to the Industry of Hotels, Resorts & Restaurants. Company’s Total Operating Revenue is Rs. 199.39 Cr. and Equity Capital is Rs. 1.30 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Hotels, Resorts & Restaurants	No.43/5, Hussain Mansion, Ground Floor, Chennai (Madras) Tamil Nadu 600006	secretary@apollosindoori.com http://www.apollosindoori.com

Management
Name	Position Held
Mr. G Venkatraman	Chairman
Mrs. Sucharitha Reddy	Managing Director
Mr. P Vijayakumar Reddy	Director
Mr. Suresh R Madhok	Director
Mr. George Eapen	Director
Mrs. Sindoori Reddy	Director
Mr. Vishwajit Reddy Konda	Director
Mrs. Suneeta Reddy	Director
Mr. L Lakshminarayana Reddy	Director
Ms. Madura Ganesh	Director
Ms. A Nivruti	Director
Mr. C Natarajan	WholeTime Director & CEO

FAQ

What is the latest intrinsic value of Apollo Sindoori Hotels Ltd?

The latest intrinsic value of Apollo Sindoori Hotels Ltd as on 31 December 2024 is ₹2285.67, which is 34.14% higher than the current market price of ₹1,704.00. The stock has a market capitalization of 443 Cr. and recorded a high/low of 2,652/1,345 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹138 Cr and total liabilities of ₹319 Cr.

What is the Market Cap of Apollo Sindoori Hotels Ltd?

The Market Cap of Apollo Sindoori Hotels Ltd is 443 Cr..

What is the current Stock Price of Apollo Sindoori Hotels Ltd as on 31 December 2024?

The current stock price of Apollo Sindoori Hotels Ltd as on 31 December 2024 is 1,704.

What is the High / Low of Apollo Sindoori Hotels Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Apollo Sindoori Hotels Ltd stocks is 2,652/1,345.

What is the Stock P/E of Apollo Sindoori Hotels Ltd?

The Stock P/E of Apollo Sindoori Hotels Ltd is 48.4.

What is the Book Value of Apollo Sindoori Hotels Ltd?

The Book Value of Apollo Sindoori Hotels Ltd is 536.

What is the Dividend Yield of Apollo Sindoori Hotels Ltd?

The Dividend Yield of Apollo Sindoori Hotels Ltd is 0.12 %.

What is the ROCE of Apollo Sindoori Hotels Ltd?

The ROCE of Apollo Sindoori Hotels Ltd is 11.7 %.

What is the ROE of Apollo Sindoori Hotels Ltd?

The ROE of Apollo Sindoori Hotels Ltd is 8.80 %.

What is the Face Value of Apollo Sindoori Hotels Ltd?

The Face Value of Apollo Sindoori Hotels Ltd is 5.00.