Asian Hotels (North) Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹477.75Undervalued by 65.89%vs CMP ₹288.00

P/E (15.0) × ROE (41.0%) × BV (₹95.20) × DY (2.00%)

Defaults: P/E=15

₹364.09Undervalued by 26.42%vs CMP ₹288.00
MoS: +20.9% (Adequate)Confidence: 59/100 (Moderate)Models: 1 Under, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹1,164.5123%Under (+304.3%)
Graham NumberEarnings₹211.4817%Over (-26.6%)
DCFCash Flow₹88.7914%Over (-69.2%)
Net Asset ValueAssets₹43.359%Over (-84.9%)
EV/EBITDAEnterprise₹101.4711%Over (-64.8%)
Earnings YieldEarnings₹208.809%Over (-27.5%)
ROCE CapitalReturns₹83.579%Over (-71%)
Revenue MultipleRevenue₹74.527%Over (-74.1%)
Consensus (8 models)₹364.09100%Undervalued
Key Drivers: EPS CAGR 143.7% lifts DCF — verify sustainability. | Wide model spread (₹43–₹1,165) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 143.7% · Defaults: P/E=15

*Investments are subject to market risks

Analyst Summary

Asian Hotels (North) Ltd operates in the Hotels, Resorts & Restaurants segment, NSE: ASIANHOTNR | BSE: 500023, current market price is ₹288.00, market cap is 1,229 Cr.. At a glance, ROE is 41.0 %, ROCE is 6.66 %, book value is 95.2, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹364.09, which is about 26.4% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹318 Cr versus the prior period change of 6.7%, while latest net profit is about ₹187 Cr with a prior-period change of 312.5%. The 52-week range shown on this page is 393/248, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisAsian Hotels (North) Ltd. is a Public Limited Listed company incorporated on 13/11/1980 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L5…

This summary is generated from the stock page data available for Asian Hotels (North) Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

49
Asian Hotels (North) Ltd scores 49/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health31/100 · Weak
ROCE 6.7% WeakROE 41.0% ExcellentD/E 2.09 High debtInterest Coverage 0.0x RiskyProfitable 1/5 years Inconsistent
Smart Money20/100 · Weak
FII holding down -2.69% (6mo) SellingDII holding down 2.01% MF sellingPromoter holding at 0.0% Stable
Earnings Quality75/100 · Strong
OPM expanding (13% → 25%) ImprovingWorking capital: -1,221 days (improving) Efficient
Quarterly Momentum50/100 · Moderate
Revenue (4Q): +8% YoY GrowingOPM: -3.0% (down 28.0% YoY) Margin pressure
Industry Rank60/100 · Moderate
ROCE 6.7% vs industry 17.1% Below peersROE 41.0% vs industry 28.4% Above peers3Y sales CAGR: 34% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 25, 2026, 10:22 pm

Market Cap 1,229 Cr.
Current Price 288
Intrinsic Value₹364.09
High / Low 393/248
Stock P/E
Book Value 95.2
Dividend Yield0.00 %
ROCE6.66 %
ROE41.0 %
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for Asian Hotels (North) Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Asian Hotels (North) Ltd 1,229 Cr. 288 393/248 95.20.00 %6.66 %41.0 % 10.0
Viceroy Hotels Ltd 930 Cr. 138 157/93.011.5 36.20.00 %9.15 %49.7 % 10.0
Advani Hotels & Resorts (India) Ltd 498 Cr. 53.9 69.0/46.820.6 8.073.53 %45.3 %34.4 % 2.00
Kamat Hotels (India) Ltd 489 Cr. 166 369/14015.6 95.50.00 %19.6 %18.6 % 10.0
Apeejay Surrendra Park Hotels Ltd 2,540 Cr. 119 173/95.129.9 61.20.42 %12.0 %6.87 % 1.00
Industry Average1,818.83 Cr170.6526.5455.400.66%17.07%28.36%7.17

All Competitor Stocks of Asian Hotels (North) Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 60697363747784627886927077
Expenses 51515050595661495865625580
Operating Profit 91924131521231320222915-3
OPM % 15%27%32%21%20%28%27%22%25%25%32%21%-3%
Other Income 0101-002001171870-49
Interest 33312328324534343829331919
Depreciation 6666665555754
Profit before tax -30-17-5-20-23-29-15-25-23104176-8-75
Tax % 0%0%0%0%0%0%1%0%122%14%1%65%-15%
Net Profit -30-17-5-20-23-29-15-25-5290174-14-64
EPS in Rs -15.39-8.68-2.35-10.31-11.86-14.98-7.82-12.99-26.7146.4289.54-6.97-32.66

Last Updated: January 13, 2026, 1:21 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 10:16 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 22823324125127427425273131256298318330
Expenses 19218917016819019119893124201226234279
Operating Profit 36447183848255-20654728451
OPM % 16%19%30%33%31%30%22%-27%5%21%24%26%15%
Other Income 4131461031815-56742230497
Interest 739411799981131259111011814013491
Depreciation 11272321201918172523222221
Profit before tax -8-45-23-27-3-42-74-695-125-85-8723236
Tax % 183%6%-114%-43%-12%-22%-15%0%0%0%0%19%
Net Profit -24-483-16-2-33-63-695-125-85-8818741
EPS in Rs -12.16-24.771.63-8.02-1.24-16.85-32.45-357.34-64.16-43.60-44.9896.2620.88
Dividend Payout % -8%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-100.00%106.25%-633.33%87.50%-1550.00%-90.91%-1003.17%82.01%32.00%-3.53%312.50%
Change in YoY Net Profit Growth (%)0.00%206.25%-739.58%720.83%-1637.50%1459.09%-912.27%1085.19%-50.01%-35.53%316.03%

Asian Hotels (North) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:3%
5 Years:5%
3 Years:35%
TTM:10%
Compounded Profit Growth
10 Years:0%
5 Years:0%
3 Years:13%
TTM:7%
Stock Price CAGR
10 Years:12%
5 Years:40%
3 Years:55%
1 Year:81%
Return on Equity
10 Years:-14%
5 Years:-38%
3 Years:-49%
Last Year:-41%

Last Updated: September 4, 2025, 11:50 pm

Balance Sheet

Last Updated: April 8, 2026, 4:00 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 19191919191919191919191919
Reserves 78373373872171968762435222814355243166
Borrowings 9009069459478969129209591,0681,0821,052550627
Other Liabilities 259240149142176201231250241329576732665
Total Liabilities 1,9611,8991,8511,8311,8101,8191,7941,5811,5561,5731,7031,5441,477
Fixed Assets 1,1861,2711,2131,1861,1481,1291,0961,5031,4791,4571,4341,4181,396
CWIP 671031211111110
Investments 557559563561563567574100000
Other Assets 15259728297122122757611526712581
Total Assets 1,9611,8991,8511,8311,8101,8191,7941,5811,5561,5731,7031,5441,477

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 427428210410110947154372437
Cash from Investing Activity + 3734471844722-1-340-5
Cash from Financing Activity + -9-91-82-98-153-109-134-47-11-29-38-431
Net Cash Flow 32-3072-5-1-3-1018350
Free Cash Flow 3765879514410413146144273431
CFO/OP 30%76%65%100%126%128%195%-181%208%83%112%524%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-864.00-862.00-874.00-864.00-812.00-830.00-865.00-979.005.0053.0071.00-466.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 161516161622187217232119
Inventory Days 765792110117106103187
Days Payable 1693283984784775888183,000
Cash Conversion Cycle -77-256-290-352-344-460-697-2,74117232119
Working Capital Days -566-514-327-217-218-254-367-1,604-1,148-809-933-1,221
ROCE %5%1%3%4%4%4%3%-2%-1%3%4%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Feb 2026
Promoters 50.69%50.69%50.69%0.16%3.17%3.17%3.17%0.00%0.00%0.00%0.00%0.00%
FIIs 0.00%0.00%0.00%5.26%5.26%5.26%5.26%5.26%5.26%5.64%5.65%2.57%
DIIs 0.13%0.13%0.13%0.13%3.74%3.74%3.72%3.70%3.70%3.70%3.70%1.69%
Public 49.16%49.16%49.18%94.45%87.82%87.83%87.84%91.04%91.04%90.67%90.64%95.74%
No. of Shareholders 10,43810,3139,88310,25410,0099,7509,7739,8479,6089,4969,4309,358

Shareholding Pattern Chart

No. of Shareholders

Asian Hotels (North) Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 22Mar 21Mar 20Mar 19Mar 18
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) -233.29-357.25-33.28-20.08-2.09
Diluted EPS (Rs.) -233.29-357.25-33.28-20.08-2.09
Cash EPS (Rs.) -220.39-348.61-24.06-10.188.17
Book Value[Excl.RevalReserv]/Share (Rs.) -91.4416.20338.16374.88293.69
Book Value[Incl.RevalReserv]/Share (Rs.) 121.12233.59338.16374.88392.19
Revenue From Operations / Share (Rs.) 67.1037.31129.74140.60141.08
PBDIT / Share (Rs.) 5.17-9.2235.5543.8458.94
PBIT / Share (Rs.) -7.74-17.8626.3333.9448.68
PBT / Share (Rs.) -233.29-357.25-38.84-24.86-2.26
Net Profit / Share (Rs.) -233.29-357.26-33.28-20.08-2.09
NP After MI And SOA / Share (Rs.) -218.66-356.88-30.37-18.33-1.91
PBDIT Margin (%) 7.70-24.7027.4031.1841.78
PBIT Margin (%) -11.52-47.8820.2924.1334.50
PBT Margin (%) -347.69-957.48-29.93-17.68-1.60
Net Profit Margin (%) -347.69-957.49-25.64-14.28-1.48
NP After MI And SOA Margin (%) -325.89-956.50-23.40-13.03-1.35
Return on Networth / Equity (%) 0.00-12666.83-9.37-5.06-0.67
Return on Capital Employeed (%) -1.35-2.323.083.755.27
Return On Assets (%) -27.33-34.65-2.77-1.66-0.17
Long Term Debt / Equity (X) -4.98182.621.521.401.81
Total Debt / Equity (X) -6.15230.791.921.682.09
Asset Turnover Ratio (%) 0.070.030.120.130.14
Current Ratio (X) 0.060.050.140.190.22
Quick Ratio (X) 0.050.040.120.170.18
Interest Coverage Ratio (X) 0.09-0.190.540.741.16
Interest Coverage Ratio (Post Tax) (X) -0.13-0.380.480.650.95
Enterprise Value (Cr.) 1228.621406.851367.641480.331740.37
EV / Net Operating Revenue (X) 9.4119.385.425.416.34
EV / EBITDA (X) 122.11-78.4519.7817.3615.18
MarketCap / Net Operating Revenue (X) 1.211.620.511.012.14
Price / BV (X) -0.9021.480.200.391.07
Price / Net Operating Revenue (X) 1.211.620.511.012.14
EarningsYield -2.69-5.90-0.45-0.12-0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Asian Hotels (North) Ltd. is a Public Limited Listed company incorporated on 13/11/1980 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L55101DL1980PLC011037 and registration number is 011037. Currently Company is involved in the business activities of Hotels and motels, inns, resorts providing short term lodging facilities; includes accommodation in house boats. Company's Total Operating Revenue is Rs. 318.19 Cr. and Equity Capital is Rs. 19.45 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Hotels, Resorts & RestaurantsBhikaiji Cama Place, New Delhi Delhi 110066Contact not found
Management
NamePosition Held
Ms. Preeti GandhiChairman & Ind.Director
Dr. Arun Gopal AgarwalExecutive Director & CEO
Mr. Krishna Kumar AcharyaExecutive Director
Dr. Sharad SharmaWhole Time Director
Mr. Arjun Raghavendra MurlidharanIndependent Director
Mr. Naresh Kumar JainIndependent Director
Mr. Deena Nath PathakIndependent Director

FAQ

What is the intrinsic value of Asian Hotels (North) Ltd and is it undervalued?

As of 26 April 2026, Asian Hotels (North) Ltd's intrinsic value is ₹364.09, which is 26.42% higher than the current market price of ₹288.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (41.0 %), book value (₹95.2), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Asian Hotels (North) Ltd?

Asian Hotels (North) Ltd is trading at ₹288.00 as of 26 April 2026, with a FY2026-2027 high of ₹393 and low of ₹248. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,229 Cr..

How does Asian Hotels (North) Ltd's P/E ratio compare to its industry?

Asian Hotels (North) Ltd has a P/E ratio of , which is below the industry average of 26.54. This is broadly in line with or below the industry average.

Is Asian Hotels (North) Ltd financially healthy?

Key indicators for Asian Hotels (North) Ltd: ROCE of 6.66 % is on the lower side compared to the industry average of 17.07%; ROE of 41.0 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Asian Hotels (North) Ltd profitable and how is the profit trend?

Asian Hotels (North) Ltd reported a net profit of ₹187 Cr in Mar 2025 on revenue of ₹318 Cr. Compared to ₹-125 Cr in Mar 2022, the net profit shows an improving trend.

Does Asian Hotels (North) Ltd pay dividends?

Asian Hotels (North) Ltd has a dividend yield of 0.00 % at the current price of ₹288.00. The company is currently not paying meaningful dividends.

Last Updated: April 25, 2026, 10:22 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500023 | NSE: ASIANHOTNR
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Asian Hotels (North) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE