STAKEHOLDERS EMPOWERMENT SERVICES Sinclairs Hotels Ltd www.sinclairshotels.com Sector - Hotels & Restaurants Report Date: 09 Mar 2015

Sinclairs Hotels Ltd

Sinclairs Hotels Ltd | BSE Code: 523023 | Market Data as on Date: 09 March 2015 Current Price (Rs) 228.00 Market Cap (Rs. Crores) 127.00 Book Value (Rs) 117.50 52 Week High (Rs) 393.0 Shares Outstanding 55,70,000 P/B Ratio 1.94 52 Week Low (Rs) 180.00 Beta - Sensex 0.67 Earnings Per Share (Rs) 11.64 Face Value per Share (Rs) 10.00 Dividend Yield (%) 1.75 P/E Ratio 19.59

Company Info: Sinclairs Hotels Limited operates in the hospitality industry in . The company owns and operates five hotels and resorts at , , and Chalsa in ; Ooty in Tamilnadu; and Port Blair in the Andaman and Nicobar Islands. Sinclairs Hotels Limited was incorporated in 1971 and is based in , India.

Peer Comparison Shareholding Pattern 4.71% 4.71% 3.71% 3.51% 3.51% Sinclairs Indian Hotel Jindal Hotel

43.05% 43.01% 44.01% 44.21% 44.21% Sales 8.31 600.15 8.74 PAT 2.68 51.86 0.81 Equity 5.57 80.75 6.00 EPS 4.82 0.64 1.36 52.24% 52.24% 52.24% 52.24% 52.24% OPM (%) 45.87 24.52 38.93 NPM (%) 32.29 8.64 9.31 * Peers are grouped according to sector and market cap Dec-14 Sep-14 Jun-14 Mar-14 Dec-13 Promoter FII DII Others

Quarterly Review - Dec 14: The company has recorded revenues of Rs 8.31 Crores during the current quarter as against Rs 6.32 Crores for the corresponding quarter last year. EBITDA margins for the current quarter decreased to 45.85% in Dec quarter this year as compared to 66.14% in the same quarter previous year. The Profit after Tax (PAT) for current quarter stood at Rs 2.68 Crores.

Quarterly Results: Income Statement Figures in Rs Crores Dec-14 % of (1) Dec-13 % of (1) Sep-14 % of (1) Jun-14 % of (1) Revenue 8.31 6.32 4.53 7.99 Total Income 8.41 7.11 5.08 8.09 Expenditure (4.59) -55.23% (2.93) -46.36% (3.72) -82.12% (4.49) -56.20% Interest -- 0.00% -- 0.00% -- 0.00% -- 0.00% PBDT 3.81 45.85% 4.18 66.14% 1.36 30.02% 3.59 44.93% PBIDT 3.81 45.85% 4.18 66.14% 1.36 30.02% 3.59 44.93% Depreciation (1.13) -13.60% (0.81) -12.82% (0.94) -20.75% (0.92) -11.51% PBT 2.68 32.25% 3.38 53.48% 0.42 9.27% 2.68 33.54% Tax -- 0.00% (0.97) -15.35% -- 0.00% -- 0.00% Net Profit 2.68 32.25% 2.41 38.13% 0.42 9.27% 2.68 33.54%

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Quarter on Quarter Changes:

Quarterly EPS History Operational Profitability 66.22 70.00 4.50 4.80 4.82 60.00 4.00 3.98 45.87 3.50 50.00 45.00

/ / Share) 3.00 ` 40.00 33.27

30.09 2.50 Crore) ` 30.00 2.00 1.50

1.39 20.00 EBITDA ( EBITDA 0.76 1.00 10.00 0.50 Operating Profit Margin (%) Margin Profit Operating 4.18 2.05 3.59 1.36 3.81 Quarterly Quarterly ( Earnings 0.00 0.00 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 EBITDA OPM %

Quarterly Income Growth Quarterly PAT Margins 8.41 8.09 45.00 3.00 ) 7.11 38.19 6.58 40.00 33.50 2.50 35.00 Crores 32.29

5.08 30.00 2.00

(` (` Crore)

25.00 ` 1.50 20.00

NPM(%) 11.44 15.00 9.27 1.00

10.00 ( Profits Net Total IncomeTotal 0.50 5.00 2.41 0.71 2.68 0.42 2.68 0.00 0.00 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Net Profit NPM %

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