Asian Hotels (North) Ltd
NSE: ASIANHOTNR BSE: 500023Energy
Incorporated in 1982, Asian Hotels (North) Ltd is in the business of Hospitality, Real estate and Power Generation[1]
₹298
52W: ₹248 — ₹393
PE 0 · Book ₹95.2 · +213% vs bookMarket Cap₹1,272 Cr
Stock P/E—Price to Earnings
ROCE6.66%Return on Capital
ROE41%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has reduced debt.
Weaknesses
- −Stock is trading at 3.11 times its book value
- −Company has low interest coverage ratio.
- −Company has a low return on equity of -49.1% over last 3 years.
- −Earnings include an other income of Rs.97.2 Cr.
- −Company's cost of borrowing seems high
Shareholding Pattern
Promoters0%
FIIs2.58%
DIIs1.69%
Public95.73%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 3.17% | 3.17% | 3.17% | 0%▼3.2 | 0% | 0% | 0% | 0% |
| FIIs | 5.26% | 5.26% | 5.26% | 5.26% | 5.26% | 5.64%▲0.4 | 5.65%▲0.0 | 2.58%▼3.1 |
| DIIs | 3.74% | 3.74% | 3.72%▼0.0 | 3.7%▼0.0 | 3.7% | 3.7% | 3.7% | 1.69%▼2.0 |
| Public | 87.82% | 87.83%▲0.0 | 87.84%▲0.0 | 91.04%▲3.2 | 91.04% | 90.67%▼0.4 | 90.64%▼0.0 | 95.73%▲5.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 74 | 77 | 84 | 62 | 78 | 86 | 92 | 70 | 77 | 91 |
| Expenses | 59 | 56 | 61 | 49 | 58 | 65 | 62 | 55 | 80 | 81 |
| Operating Profit | 15 | 21 | 23 | 13 | 20 | 22 | 29 | 15 | -3 | 10 |
| OPM % | 20% | 28% | 27% | 22% | 25% | 25% | 32% | 21% | -3% | 11% |
| Net Profit | -23 | -29 | -15 | -25 | -52 | 90 | 174 | -14 | -64 | -56 |
| EPS ₹ | -11.86 | -14.98 | -7.82 | -12.99 | -26.71 | 46.42 | 89.54 | -6.97 | -32.66 | -29.03 |
AI Insights
Revenue Trend
TTM revenue at ₹330Cr, up 3.8% YoY. OPM at 15%.
Debt Position
Borrowings at ₹627Cr. Debt-to-equity ratio: 3.78x. High leverage — monitor closely.
Institutional Flow
DIIs: 1.69% (+1.56pp change). FIIs: 2.58% (+2.58pp change). Promoters hold 0%.
Margin & Efficiency
ROCE improving from 5% (Mar 2014) to 7% (Mar 2025). Working capital days: -1221.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - Quarter ended Mar 31, 2026 monitoring report shows Rs 764.94 crore preferential issue proceeds fully used for debt repayment.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d - Newspaper Publications dated May 15, 2026 regarding opening of Special Window for re-lodgement of transfer request of physical shares are attached
- Announcement under Regulation 30 (LODR)-Change in Directorate 8 May - Mr. Naresh Kumar Jain reappointed as Independent Director for two years from May 29, 2026, subject to shareholder approval.
- Intimation Under Regulation 30 Of SEBI (LODR) -Regarding Appointment Of Dr. Sharad Sharma, Whole Time Director As Chairman Of The Board Of The Company 8 May - Dr. Sharad Sharma appointed Chairman of the Board effective May 8, 2026.
- Announcement under Regulation 30 (LODR)-Cessation 21 Apr - Asian Hotels clarifies Vipin Vasudeva, Vice President-Projects, resigned effective February 6, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse