Asian Hotels (East) Ltd
NSE: AHLEAST BSE: 533227
Incorporated in 2007, Asian Hotels (East) Ltd is operating through Hyatt Regency Kolkata, a five-star Hotel in Kolkata[1]
₹158
52W: ₹124 — ₹189
PE 8.83 · Book ₹113 · +40% vs bookMarket Cap₹273 Cr
Stock P/E8.83Price to Earnings
ROCE15.5%Return on Capital
ROE14.3%Return on Equity
Div. Yield0.64%Face Value ₹10
Weaknesses
- −Company has a low return on equity of 8.06% over last 3 years.
- −Contingent liabilities of Rs.171 Cr.
- −Earnings include an other income of Rs.21.4 Cr.
- −Working capital days have increased from 421 days to 668 days
Shareholding Pattern
Promoters65.63%
FIIs0%
DIIs0.22%
Public34.14%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 65.63% | 65.63% | 65.63% | 65.63% | 65.63% | 65.63% | 65.63% | 65.63% |
| FIIs | 0.14% | 0%▼0.1 | 0.14%▲0.1 | 0%▼0.1 | 0% | 0% | 0% | 0% |
| DIIs | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% |
| Public | 34.01% | 34.14%▲0.1 | 33.99%▼0.1 | 34.13%▲0.1 | 34.13% | 34.12%▼0.0 | 34.13%▲0.0 | 34.14%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21 | 32 | 34 | 22 | 23 | 33 | 35 | 25 | 26 | 37 |
| Expenses | 18 | 22 | 20 | 18 | 19 | 22 | 20 | 19 | 20 | 23 |
| Operating Profit | 2 | 11 | 13 | 4 | 4 | 11 | 14 | 6 | 6 | 14 |
| OPM % | 12% | 33% | 39% | 19% | 17% | 33% | 41% | 24% | 24% | 38% |
| Net Profit | 8 | 2 | 16 | 3 | 3 | 8 | 11 | 5 | 5 | 11 |
| EPS ₹ | 4.56 | 1.02 | 9.4 | 1.86 | 1.8 | 4.77 | 6.27 | 2.63 | 2.75 | 6.21 |
AI Insights
Revenue Trend
TTM revenue at ₹123Cr, up 8.8% YoY. OPM at 33%.
Debt Position
Borrowings at ₹147Cr. Debt-to-equity ratio: 0.83x. Moderate leverage.
Capex Cycle
CWIP at ₹1Cr (1% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.22% (+0.00pp change). FIIs: 0% (-0.17pp change). Promoters hold 65.63%.
Margin & Efficiency
ROCE improving from 3% (Mar 2014) to 15% (Mar 2025). Working capital days: 668.
Valuation
PE 8.83x with 15.5% ROCE. Price is 40% above book value of ₹113. Dividend yield: 0.64%.
Recent Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 14 Apr - Asian Hotels (East) confirms it is not a Large Corporate as of 31 March 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regualations, 2018, please find attached the Compliance Certificate for the quarter (Q4) ended 31st March, 2026, …
- Closure of Trading Window 25 Mar
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 24 Mar - Promoter Arun Saraf to receive 2,039,618 shares by gift; promoter holding rises to 53.91% (dated 23/03/2026).
- Unaudited Standalone And Consolidated Financial Results For Quarter (Q3) And Nine Months Ended 31St December, 2025 13 Feb - Q3/9M FY26 results approved; auditor qualified over GJS exposure (~Rs1,260.25L impact) and Novak goodwill impairment Rs6,213.06L.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse