Micro Tourism & Hospitality

Kamat Hotels (India) Ltd.

KAMATHOTEL

₹233.88

0.52% (1.22)

Market Cap

₹685 Cr.

P/E

14.71

Kamat Hotels (India) Ltd.
Overview
Financials
Benchmarking
Shareholding
Hotels

Kamat Hotels (India) Ltd.

Kamat Hotels (India) Ltd.
Overview
Financials
Benchmarking
Shareholding
Hotels

Price
Growth Table
Balance Sheet
Profit & Loss
Cash Flow
Cash Flow Analysis
Ratios
Quarterly Results
Reverse DCF

FAQs on Kamat Hotels (India) Ltd. Shareprice

Has the share price of Kamat Hotels (India) grown faster than its competition?

Kamat Hotels (India) has given better returns compared to its competitors.
Kamat Hotels (India) has grown at ~15.03% over the last 10yrs while peers have grown at a median rate of 11.11%

Is Kamat Hotels (India) stock expensive?

Kamat Hotels (India) is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA.
Latest PE of Kamat Hotels (India) is 14.71, while 3 year average PE is 9.51.
Also latest EV/EBITDA of Kamat Hotels (India) is 7.49 while 3yr average is 17.22.

View FAQ's On Business

Growth Table

Kamat Hotels (India) Ltd.
Asian Hotels (North)
Loading...
Advani Hotel&Resorts
Loading...

In %	1yr	2yr	3yr	4yr	5yr	6yr	7yr	8yr	9yr	10yr
Share Price CAGR	3.74	6.11	59.33	45.25	55.53	30.93	16.25	20.16	24.86	15.52
TTM EPS CAGR	-8.24	-64.59	—	—	9.52	14.57	-0.13	0.01	—	—
Sales CAGR	19.12	10.85	35.88	53.09	10.31	7.41	11.61	11.29	10.23	10.52
PAT Margin (Abs Growth)	-91.30	30.43	69.73	3.44	7.71	111	-8.44	36.22	54.60	41.12
PE CAGR	10.77	199	—	—	39.95	13.84	16.53	19.96	—	—
CFO CAGR	-38.16	53.03	314	-0.78	-1.86	-7.48	13.43	2.47	10.77	7.65

* Share price and PE growth are updated everyday. All other fields are as of latest financial year end. EPS adjusted for bonus and splits.

Balance Sheet

Kamat Hotels (India) Ltd.
Asian Hotels (North)
Loading...
Advani Hotel&Resorts
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Assets	855	793	503	484	486	465	467	609	618	589
Non Current Assets	761	694	446	426	422	421	417	469	519	524
Net Block	685	611	374	364	362	346	339	355	386	324
Capital Work in Progress	0.40	0.54	0.48	0.31	5.21	6.28	1.45	1.56	3.55	7.63
Intangible Assets Under Development	—	0.11	—	0.03	—	—	—	—	—	—
Long Term Investments	0.15	14.28	15.41	15.45	11.82	0.61	0.18	2.91	3.78	0.19
Current Assets	76.43	95.62	41.11	31.89	39.40	28.55	42.34	45.37	81.94	65.69
Inventory	5.69	5.22	3.45	3.36	3.14	1.87	2.18	3.65	4.24	4.67
Accounts Receivable	10.95	8.58	16.88	12.64	10.07	5.68	9.86	8.82	8.73	8.74
Short Term Investments	0.04	0.97	0.05	0.05	0.04	0.05	0.07	0.08	0.14	0.15
Cash & Bank Balances	13.53	8.45	6.13	9.52	16.44	14.51	23.50	23.52	34.32	28.75
Liabilities	855	793	503	484	486	465	467	609	618	589
Shareholders Funds	16.54	28.00	-165	-148	-123	-159	-181	154	206	278
Share Capital	24.17	24.17	24.17	24.17	24.17	24.17	24.17	25.24	26.50	30.07
Reserves	-7.64	3.83	-189	-172	-147	-183	-205	117	170	248
Non Current Liabilities	339	338	194	296	258	106	73.09	225	280	235
Secured Loans	289	304	124	232	184	38.22	16.91	155	162	—
Unsecured Loans	12.41	15.89	45.10	27.77	22.00	25.97	22.82	34.14	29.27	124
Current Liabilities	500	427	473	335	351	518	575	230	132	75.48
Accounts Payable	36.57	15.53	20.33	20.52	27.34	23.18	21.77	22.65	31.33	15.50
Short Term Loans	7.72	1.39	0.72	—	—	—	—	—	3.06	3.19

Balance Sheet Snapshot

No data available.

Fund Flow Analysis

Increase
Decrease
Total

No data available.

*Data is as of latest FY end

Profit & Loss

Kamat Hotels (India) Ltd.
Asian Hotels (North)
Loading...
Advani Hotel&Resorts
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Sales	183	183	201	236	222	65.99	144	295	304	362
Operating Expenses	144	129	149	166	159	57.70	108	186	214	258
Raw Material	18.66	16.35	20.45	22.61	20.37	6.71	14.94	24.07	26.43	30.84
Material Cost (%)	10.17	8.92	10.20	9.58	9.18	10.16	10.34	8.16	8.69	8.51
Employee Cost	42.78	41.94	48.66	55.39	56.94	15.33	31.38	49.11	60.77	73.56
Power & Fuel Cost	23.79	19.31	17.05	17.98	17.69	7.73	12.72	19.02	20.24	—
Operating Profit	39.46	53.86	51.79	70.28	63.24	8.29	36.63	109	90.80	105
Other Income	7.37	9.71	5.23	3.82	1.55	2.06	1.19	3.88	10.99	7.81
OPM (%)	21.51	29.40	25.83	29.77	28.49	12.56	25.35	36.88	29.83	28.88
Depreciation and Amortisation	25.27	23.80	22.89	18.34	18.15	17.54	17.02	15.48	17.68	19.80
Interest	40.67	28.16	15.74	22.05	37.31	41.78	50.45	22.05	60.55	29.95
Profit Before Tax	-6.76	42.23	-181	27.36	24.57	-45.91	-30.07	316	53.93	65.13
Tax	32.65	-0.24	12.45	10.77	-0.50	-9.61	-7.40	3.38	9.08	18.82
Net Profit	-39.42	41.55	-192	16.89	24.77	-36.29	-22.67	313	44.85	46.31
Number of shares(Crs)	2.36	2.36	2.36	2.36	2.36	2.36	2.36	2.47	2.59	—
Dividend Payout Ratio(%)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

TTM Values as of Mar 2025

Cash Flow

Kamat Hotels (India) Ltd.
Asian Hotels (North)
Loading...
Advani Hotel&Resorts
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash from Operating Activity	59.09	29.74	115	78.94	74.15	1.01	30.69	116	71.86	66.36
Profit Before Tax	-6.76	41.32	-180	27.65	24.27	-45.91	-30.07	316	53.93	65.40
Adjustments	51.11	20.14	239	48.64	40.40	55.03	67.09	-209	36.37	18.80
OCF Before Working Capital	44.35	61.46	59.73	76.29	64.67	9.12	37.03	107	90.30	84.21
Working Capital Changes	16.73	-31.68	55.49	4.85	10.04	-10.26	-5.47	12.43	-12.37	-20.45
Taxes Paid	-1.98	-0.04	-0.64	-2.20	-0.56	2.14	-0.87	-3.09	-6.07	2.61
Cash from Investing Activity	-2.86	3.29	-0.25	-6.82	-7.99	-4.12	-4.88	-40.74	145	34.30
Net Fixed Assets Purchased	2.79	-1.79	-3.95	-7.62	-9.02	-7.08	-5.81	5.82	109	-17.19
Fixed Assets Purchased	-2.69	-4.57	-4.14	-7.74	-9.04	-7.51	-5.86	-5.96	-7.20	-17.20
Fixed Assets Sold	5.48	2.78	0.19	0.12	0.03	0.43	0.04	11.78	116	0.02
Investment Purchased	-6.18	-0.12	-0.01	-0.00	—	—	—	—	—	-0.01
Investment Sold	-0.00	—	0.92	—	—	—	—	—	—	—
Interest Recieved	0.64	4.21	3.08	1.08	0.44	0.70	0.46	1.36	44.77	29.95
Dividends Recieved	0.01	0.00	0.00	0.00	0.00	—	—	—	—	—
Subsidiary Investments	—	—	—	—	—	—	—	—	-0.01	—
Cash from Financing Activity	-57.26	-29.50	-117	-73.62	-58.02	4.63	-16.73	-88.77	-219	-96.04
Proceeds From Shares	—	—	—	—	—	—	—	10.37	9.12	—
Net Long Term Borrowings	-20.31	-26.84	-79.94	-51.77	-31.77	7.66	-9.70	-46.71	-131	-72.60
Proceeds From Borrowings	0.20	2.02	100	28.38	0.34	10.21	5.09	303	114	102
Repayment From Borrowings	-20.51	-28.87	-180	-80.16	-32.11	-2.55	-14.79	-349	-245	-174
Interest Paid	-5.75	-5.14	-39.32	-21.30	-25.84	-1.54	-5.29	-62.37	-94.84	-42.13
Dividend Paid	-0.04	-0.02	—	—	—	—	—	—	—	—
Net Cash Flow	-1.02	3.53	-2.63	-1.50	8.14	1.52	9.07	-13.32	-2.72	4.62
Opening Cash & Cash Equivalents	7.34	4.41	7.94	5.31	3.81	11.95	13.47	22.54	9.22	7.47
Effect of FX	—	—	—	—	—	—	—	—	—	—
Closing Cash & Cash Equivalents	6.32	7.94	5.31	3.81	11.95	13.47	22.54	9.22	7.47	12.10
Net Capex (est)	-2.79	1.79	3.95	7.62	9.02	7.08	5.81	-5.82	-109	17.19
Free Cash Flow (est)	61.89	27.95	111	71.32	65.13	-6.07	24.87	122	181	49.17

Cash Flow Analysis

Increase
Decrease
Total

No data available.

Ratios

= Dominant Factor

Kamat Hotels (India) Ltd.
Asian Hotels (North)
Loading...
Advani Hotel&Resorts
Loading...

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational Ratios
Quick Ratio	0.08	0.14	0.21	0.08	0.09	0.10	0.05	0.07	0.18	0.59
Liquid Assets (Crs)	44.74	70.74	90.40	37.67	28.88	36.53	26.68	40.16	41.71	77.80
Current Liabilities (Crs)	565	500	427	473	335	351	518	575	230	132
Current Ratio	0.09	0.15	0.22	0.09	0.10	0.11	0.06	0.07	0.20	0.62
Current Assets (Crs)	50.00	76.43	95.62	41.11	31.89	39.40	28.55	42.34	45.37	81.94
Current Liabilities (Crs)	565	500	427	473	335	351	518	575	230	132
Interest Coverage Ratio	0.09	0.83	2.50	-10.50	2.24	1.66	-0.10	0.40	15.34	1.89
EBIT (Crs)	7.02	21.55	39.77	34.13	55.76	46.64	-7.19	20.80	97.23	84.11
Interest Expenses (Crs)	80.55	40.67	28.16	15.74	22.05	37.31	41.78	50.45	22.05	60.55
Fixed Asset Turnover	0.18	0.20	0.29	0.32	0.37	0.34	0.10	0.22	0.43	0.41
Net Sales (Crs)	164	183	183	201	236	222	65.99	144	295	304
Fixed Assets (Crs)	901	899	634	634	641	661	662	671	688	740
Cash Conversion Cycle	-501	-41.85	-44.10	-14.81	-20.44	-405	-1,317	-524	-322	-357
Inventory Days	11.60	10.91	10.87	7.89	5.26	5.35	13.86	5.12	3.61	4.74
Days Receivable	31.91	23.39	19.46	23.17	22.82	18.66	43.53	19.63	11.55	10.52
Days Payable	545	76.15	74.43	45.87	48.52	429	1,374	549	337	373
Debt to Equity Ratio	11.96	40.15	22.16	-3.40	-3.43	-3.67	-2.91	-2.50	2.12	0.97
Total Debt (Crs)	669	664	621	560	507	451	463	453	327	200
Shareholders Equity (Crs)	55.96	16.54	28.00	-165	-148	-123	-159	-181	154	206
Free Cash Flow/Sales (%)	19.54	33.74	15.26	55.17	30.21	29.34	-9.20	17.21	41.35	59.46
Free Cash Flow(est) (Crs)	31.98	61.89	27.95	111	71.32	65.13	-6.07	24.87	122	181
Net Sales (Crs)	164	183	183	201	236	222	65.99	144	295	304
Profitability Ratios
Gross Margin (%)	89.41	89.83	91.08	89.80	90.42	90.82	89.84	89.66	91.84	91.31
Op Profit Margin (%)	19.91	21.51	29.40	25.83	29.77	28.49	12.56	25.35	36.88	29.83
Operating Profit (Crs)	37.86	46.82	63.57	57.02	74.10	64.79	10.35	37.82	113	102
Net Sales (Crs)	164	183	183	201	236	222	65.99	144	295	304
Net Profit Margin (%)	-39.87	-21.49	22.68	-95.85	7.15	11.16	-55.00	-15.69	106	14.74
Net Profit (Crs)	-65.24	-39.42	41.55	-192	16.89	24.77	-36.29	-22.67	313	44.85
Net Sales (Crs)	164	183	183	201	236	222	65.99	144	295	304
ROCE (%)	2.42	6.07	10.87	116	37.55	34.61	13.50	-19.24	25.62	17.31
EBIT (Crs)	7.02	21.55	39.77	34.13	55.76	46.64	-7.19	20.80	97.23	84.11
Capital Employed (Crs)	290	355	366	29.54	148	135	-53.24	-108	380	486
Return on Assets (%)	-7.63	-4.61	5.24	-38.23	3.49	5.10	-7.81	-4.86	51.36	7.26
Net Profit (Crs)	-65.24	-39.42	41.55	-192	16.89	24.77	-36.29	-22.67	313	44.85
Total Assets (Crs)	856	855	793	503	484	486	465	467	609	618
ROIC (%)	0.83	33.39	9.63	-139	35.12	60.18	6.26	-8.11	51.10	17.82
Op Profit after Taxes (Crs)	1.54	82.66	30.23	30.89	31.50	46.01	-7.31	14.78	92.35	60.81
Invested Capital (Crs)	185	248	314	-22.22	89.69	76.45	-117	-182	181	341
ROE (%)	-117	-238	148	117	-11.42	-20.14	22.86	12.51	203	21.81
Net Profit Margin (%)	-39.87	-21.49	22.68	-95.85	7.15	11.16	-55.00	-15.69	106	14.74
Asset Turnover ratio	0.19	0.21	0.23	0.40	0.49	0.46	0.14	0.31	0.48	0.49
Equity Multiplier	15.29	51.73	28.31	-3.05	-3.27	-3.95	-2.93	-2.58	3.95	3.00
Adjusted EPS	-27.66	-16.71	17.62	-81.49	7.16	10.50	-15.39	-9.61	127	17.31
Valuation Ratios
P/E	0.00	0.00	1.91	0.00	6.89	1.65	0.00	0.00	1.04	14.45
Price to Book	2.94	5.18	2.90	-1.22	-0.78	-0.33	-0.44	-0.91	2.29	3.30
EV/EBITDA	21.75	15.65	10.88	13.25	8.29	7.34	49.99	15.71	5.58	7.99
Dividend Yield (%)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Quarterly Results

Kamat Hotels (India) Ltd.
Asian Hotels (North)
Loading...
Advani Hotel&Resorts
Loading...

In Rs. Cr.	Dec'22	Mar'23	Jun'23	Sep'23	Dec'23	Mar'24	Jun'24	Sep'24	Dec'24	Mar'25
Net Sales	83.81	80.50	69.62	64.04	86.13	84.51	73.76	85.38	111	92.46
Operating Expenses	50.59	53.03	46.55	45.38	60.16	61.46	60.48	62.91	66.77	67.64
Increase/Decrease in Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Raw Material	7.07	5.95	5.76	5.30	8.04	7.33	7.34	6.91	8.92	7.67
Employee Cost	12.73	13.40	14.16	13.76	15.55	17.29	16.93	19.69	18.24	18.71
Selling and Distribution Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Electricity, Power & Fuel Cost	4.30	3.73	4.56	3.93	4.86	4.44	5.84	5.41	5.19	4.99
Gen_AdminExpenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Miscellaneous Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Profit	33.23	27.47	23.06	18.66	25.98	23.05	13.28	22.47	44.12	24.82
Other Income	0.63	11.34	2.33	2.13	2.00	4.58	2.17	1.71	1.75	2.17
Interest	6.04	0.00	16.10	16.36	13.18	14.91	11.40	7.67	5.62	5.26
PBDT	38.26	267	6.29	4.43	47.31	12.73	6.78	16.51	40.25	21.39
Depreciation and Amortization	4.01	3.84	3.94	4.10	4.87	4.78	4.76	4.82	4.87	5.35
Profit Before Tax	34.25	263	2.36	0.33	42.45	7.95	2.02	11.68	35.38	16.04
Tax	6.61	-5.68	1.47	0.46	1.06	6.09	0.89	3.36	9.37	5.21
Profit After Tax	27.64	269	0.89	-0.13	41.39	1.86	1.13	8.32	26.02	10.83
Exceptional Items	10.44	228	-3.00	0.00	32.52	0.00	2.73	0.00	0.00	-0.35
Net Profit	27.77	271	1.11	0.03	41.57	2.13	1.07	8.35	26.18	10.99
Quarterly Ratios
EPS	11.49	107	0.44	0.01	16.47	0.80	0.39	2.78	8.71	3.65
Operating Profit Margin	39.64	34.12	33.13	29.14	30.16	27.28	18.00	26.32	39.79	26.85
Net Profit Margin	32.98	334	1.28	-0.21	48.06	2.20	1.53	9.75	23.46	11.72

Reverse DCF

Earnings

Discount Rate (%)

Terminal Multiple

5 YEAR

10 YEAR

20 YEAR

18.00%

Implied Growth Rate over a 5 year period*

4.00%

Implied Growth Rate over a 10 year period*

0.10%

Implied Growth Rate over a 20 year period*

*Implied Growth calculated using Newton-Raphson method.

Learn how to use Reverse DCF

FAQs on Kamat Hotels (India) Ltd. Financials

How strong is Kamat Hotels (India) balance sheet?

Balance sheet of Kamat Hotels (India) is moderately strong, But short term working capital might become an issue for this company.

Is the debt of Kamat Hotels (India) increasing or decreasing?

The net debt of Kamat Hotels (India) is decreasing.
Latest net debt of Kamat Hotels (India) is ₹98.88 Crs as of Mar-25.
This is less than Mar-24 when it was ₹132 Crs.

Is the profitablity of Kamat Hotels (India) improving?

The profit is oscillating.
The profit of Kamat Hotels (India) is ₹46.31 Crs for TTM, ₹44.85 Crs for Mar 2024 and ₹313 Crs for Mar 2023.

Does Kamat Hotels (India) pay decent dividends?

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Kamat Hotels (India) latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

How has Kamat Hotels (India) allocated its funds?

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances

View FAQ's On Shareholding

Ideas Dashboard

Timeline

Watchlist

Portfolio

Alerts

Research

Stock Screener

Market

Raw Material

Kamat Hotels (India) Ltd.

Kamat Hotels (India) Ltd.

Has the share price of Kamat Hotels (India) grown faster than its competition?

Is Kamat Hotels (India) stock expensive?

How strong is Kamat Hotels (India) balance sheet?

Is the debt of Kamat Hotels (India) increasing or decreasing?

Is the profitablity of Kamat Hotels (India) improving?

Does Kamat Hotels (India) pay decent dividends?

How has Kamat Hotels (India) allocated its funds?

SIGN UP FOR FREE