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Last Updated on: 21 June, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 523796 | NSE: VICEROY

Fundamental Analysis of Viceroy Hotels Ltd

Basic Stock Data

Last Updated: June 21, 2024, 4:23 pm

PEG Ratio0.00

Competitors of Viceroy Hotels Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Devyani International Ltd 20,296 Cr. 168228/142 8.760.00 %8.73 %113 % 1.00
Kamat Hotels (India) Ltd 616 Cr. 238374/18730.3 79.40.00 %17.7 %11.7 % 10.0
Royal Orchid Hotels Ltd 1,010 Cr. 368449/28020.8 69.60.54 %19.8 %26.7 % 10.0
The Byke Hospitality Ltd 356 Cr. 75.980.7/34.963.0 43.10.00 %4.50 %3.13 % 10.0
Indian Hotels Co Ltd 87,890 Cr. 617626/37170.7 66.40.27 %15.1 %14.3 % 1.00
Industry Average8,436.83 Cr615.0742.2988.800.24%11.28%31.92%6.10

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales12.5215.336.5315.6423.1919.8930.7221.5028.7732.1724.7827.3840.20
Expenses15.1922.569.4125.3824.3527.6328.5620.4730.6630.4124.2326.2045.21
Operating Profit-2.67-7.23-2.88-9.74-1.16-7.742.161.03-1.891.760.551.18-5.01
OPM %-21.33%-47.16%-44.10%-62.28%-5.00%-38.91%7.03%4.79%-6.57%5.47%2.22%4.31%-12.46%
Other Income1.293.440.891.630.971.991.432.841.620.962.682.050.55
Interest0.040.460.020.170.090.470.010.410.000.450.030.480.01
Depreciation2.472.442.232.072.122.682.152.152.152.152.162.112.11
Profit before tax-3.89-6.69-4.24-10.35-2.40-8.901.431.31-2.420.121.040.64-6.58
Tax %19.02%24.51%17.45%-10.05%-8.33%1.12%9.09%9.92%-5.37%108.33%51.92%-70.31%-0.46%
Net Profit-3.14-5.06-3.50-11.40-2.61-8.801.301.19-2.540.000.501.10-6.61
EPS in Rs-0.74-1.19-0.83-2.69-0.62-2.080.310.28-0.600.000.120.26-1.56

Last Updated: June 14, 2024, 7:20 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 28, 2024, 8:53 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1101091051101241241181221223552103125
Expenses73777476921001091261315487110126
Operating Profit3732303432259-4-8-20-34-7-2
OPM %34%29%29%31%26%20%7%-3%-7%-57%-66%-6%-1%
Other Income-00-123-019-4-40935618176
Interest23242426272823211111
Depreciation1515151413910111010999
Profit before tax-1-6-132-611-16-433-14-15-24-260-5
Tax %-219%-7%0%-0%-0%-6%-2%-14%-11%16%-2%111%
Net Profit-2-7-132-711-15-443-16-17-21-26-0-5
EPS in Rs-0.52-1.63-31.18-1.602.58-3.44-104.55-3.72-3.98-4.85-6.20-0.01-1.18
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-250.00%-1785.71%94.70%257.14%-236.36%-2853.33%96.39%-6.25%-23.53%-23.81%100.00%
Change in YoY Net Profit Growth (%)0.00%-1535.71%1880.41%162.45%-493.51%-2616.97%2949.72%-102.64%-17.28%-0.28%123.81%

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital42424242424242424242424242
Reserves20419765103123120-408-423-440-461-487-487-486
Borrowings959953404481488464533540547629634606535
Other Liabilities178267172232266301274283280194192198279
Total Liabilities1,3831,460684858920927442441429405381359371
Fixed Assets374361207177195187282273263249230222217
CWIP8018962843584084379292921001005752
Investments47475512513513000000014
Other Assets16115613819818117468767456518188
Total Assets1,3831,460684858920927442441429405381359371

Reserves and Borrowings Chart

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-922.00-921.00-374.00-447.00-456.00-439.00-524.00-544.00-555.00-649.00-668.00-613.00

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days676467807036364136953933
Inventory Days242119242621182324
Days Payable932920659344304292350343345
Cash Conversion Cycle-841-835-572-240-208-234-296-280-286953933
Working Capital Days-586-1,270-657-776-592-705-636-659-621-2,342-1,534-762
ROCE %2%1%2%4%3%3%1%-7%-9%-15%-21%-8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters14.27%14.04%13.41%13.41%13.41%13.41%13.41%13.41%13.41%13.41%13.41%95.00%
DIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%1.58%
Public85.71%85.94%86.56%86.56%86.56%86.56%86.56%86.57%86.55%86.56%86.55%3.42%
No. of Shareholders27,66028,11327,77227,85528,11328,17628,24428,18928,12728,09627,63322,079

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.41-0.01-6.20-4.85-3.98
Diluted EPS (Rs.)1.41-0.01-6.20-4.85-3.98
Cash EPS (Rs.)2.592.01-4.05-2.50-1.50
Book Value[Excl.RevalReserv]/Share (Rs.)10.58-105.06-106.04-98.84-94.01
Book Value[Incl.RevalReserv]/Share (Rs.)10.58-104.88-104.86-98.66-93.82
Revenue From Operations / Share (Rs.)21.8824.3812.378.2028.86
PBDIT / Share (Rs.)2.982.34-3.78-3.27-0.91
PBIT / Share (Rs.)0.770.31-5.93-5.62-3.39
PBT / Share (Rs.)0.040.10-6.11-5.76-3.57
Net Profit / Share (Rs.)0.37-0.01-6.20-4.85-3.98
NP After MI And SOA / Share (Rs.)0.37-0.01-6.20-4.85-3.98
PBDIT Margin (%)13.649.59-30.60-39.92-3.17
PBIT Margin (%)3.551.27-47.97-68.52-11.74
PBT Margin (%)0.200.43-49.39-70.27-12.37
Net Profit Margin (%)1.72-0.05-50.16-59.16-13.77
NP After MI And SOA Margin (%)1.72-0.05-50.16-59.16-13.77
Return on Networth / Equity (%)3.570.000.000.000.00
Return on Capital Employeed (%)1.861.34-18.65-15.43-7.87
Return On Assets (%)0.73-0.01-6.89-5.07-3.92
Long Term Debt / Equity (X)2.50-1.14-1.22-1.29-1.37
Total Debt / Equity (X)2.52-1.17-1.22-1.30-1.37
Asset Turnover Ratio (%)0.400.310.140.070.25
Current Ratio (X)0.910.210.110.110.15
Quick Ratio (X)0.900.210.110.100.14
Inventory Turnover Ratio (X)35.710.000.000.000.00
Interest Coverage Ratio (X)13.0911.39-21.49-22.84-5.03
Interest Coverage Ratio (Post Tax) (X)4.860.93-34.24-32.85-20.86
Enterprise Value (Cr.)161.13506.23558.51551.55550.25
EV / Net Operating Revenue (X)1.174.9010.6515.874.50
EV / EBITDA (X)8.5551.06-34.80-39.74-141.82
MarketCap / Net Operating Revenue (X)0.160.090.250.250.02
Price / BV (X)0.34-0.02-0.02-0.02-0.01
Price / Net Operating Revenue (X)0.160.090.250.250.02
EarningsYield0.10-0.01-1.96-2.30-4.62

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Missing data for fair value calculation: Market Cap, Current Price

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -499.83, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -302.08, which is a positive sign.
  1. The stock has a low average ROCE of -3.67%, which may not be favorable.
  2. The company has higher borrowings (597.92) compared to reserves (-183.08), which may suggest financial risk.
  3. The company has not shown consistent growth in sales (104.54) and profit (-51.31).

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 Viceroy Hotels Ltd:
    1. Net Profit Margin: 1.72%
      • 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: 1.86% (Industry Average ROCE: %)
      • 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%: 3.57% (Industry Average ROE: %)
      • 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): 4.86
      • 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: 0.90
      • 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: N/A (Industry average Stock P/E: )
      • 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: 2.52
      • 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

Viceroy Hotels Ltd. is a Public Limited Listed company incorporated on 25/02/1965 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L55101TG1965PLC001048 and registration number is 001048. Currently company belongs to the Industry of Hotels, Resorts & Restaurants. Company’s Total Operating Revenue is Rs. 46.89 Cr. and Equity Capital is Rs. 42.41 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Hotels, Resorts & Restaurants# Plot No.20, Sector-1, Survey No.64, 4th Floor, Hyderabad Telangana 500081secretarial@viceroyhotels.in
http://www.viceroyhotels.in
Management
NamePosition Held
Mr. P Prabhakar ReddyChairman & Managing Director
Mrs. P KameswariNon Executive Director
Mr. Narasimha Rao KoppuravuriNon Executive Director
Mr. Devraj Govind RajInd. Non-Executive Director

FAQ

What is the latest fair value of Viceroy Hotels Ltd?

The latest fair value of Viceroy Hotels Ltd is ₹161.11.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 Viceroy Hotels 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