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Sinclairs Hotels Ltd Sector - Hotels & Restaurants Report Date: 09 Jun 2014

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Sinclairs Hotels Ltd Sector - Hotels & Restaurants Report Date: 09 Jun 2014 STAKEHOLDERS EMPOWERMENT SERVICES Sinclairs Hotels Ltd www.sinclairshotels.com Sector - Hotels & Restaurants Report Date: 09 Jun 2014 Sinclairs Hotels Ltd Sinclairs Hotels Ltd | BSE Code: 523023 | Market Data as on Date: 11 June 2014 Current Price (Rs) 305.00 Market Cap (Rs. Crores) 169.89 Book Value (Rs) 117.50 52 Week High (Rs) 393.00 Shares Outstanding 55,70,000 P/B Ratio 2.60 52 Week Low (Rs) 213.60 Beta - Sensex 0.14 Earnings Per Share (Rs) 7.12 Face Value per Share (Rs) 10.00 Dividend Yield (%) 6.43 P/E Ratio 42.84 Company Info: Sinclairs Hotels Limited is in the hospitality industry and has hotels / resort at Siliguri, Darjeeling and Chalsa in West Bengal, at Ooty in Tamilnadu and at Port Blair in Andaman and Nicobar Islands. The Company’s hotels and resorts include Savannah Sinclairs, Bengaluru, Sinclairs Siliguri, Sinclairs Darjeeling, Sinclairs Retreat Dooars, Chalsa, Sinclairs Bayview, Port Blair and Sinclairs Retreat Ooty. On October 31, 2011 the Company had acquired majority Interest in Savannah Hotels Private Limited. Peer Comparison Shareholding Pattern 3.51% 3.51% 3.10% 4.67% 4.86% 0.04% Sinclairs Hotel Indian Hotels Jindal Hotels 0.04% 0.04% 0.04% 0.04% 44.21% 44.21% 45.02% 43.45% 43.45% Sales 6.16 577.72 8.47 PAT 0.71 (365.46) 0.71 Equity 5.57 80.75 6.00 EPS 1.39 (4.53) 1.18 52.24% 52.24% 51.84% 51.84% 51.65% OPM 33.27 (47.84) 33.21 NPM 11.44 (63.26) 8.34 * Peers are grouped according to sector and market cap Mar-14 Dec-13 Sep-13 Jun-13 Mar-13 Promoter FII DII Others Quarterly Review - Mar 14: The company has recorded revenues of Rs 6.16 Crores during the current quarter as against Rs 5.78 Crores for the corresponding quarter last year. EBITDA margins for the current quarter increased to 33.28% in Mar quarter this year as compared to -46.71% in the same quarter previous year. The Profit after Tax (PAT) for current quarter stood at Rs 0.71 Crores. Quarterly Results: Income Statement Figures in Rs Crores Mar-14 % of (1) Mar-13 % of (1) Dec-13 % of (1) Sep-13 % of (1) Revenue 6.16 5.78 6.32 4.04 Total Income 6.58 7.11 7.11 4.28 Expenditure (4.53) -73.54% (9.81) -169.72% (2.93) -46.36% (0.78) -19.31% Interest - - - - - - - - PBDT 2.05 33.28% (2.70) -46.71% 4.18 66.14% 3.50 86.63% PBIDT 2.05 33.28% (2.70) -46.71% 4.18 66.14% 3.50 86.63% Depreciation (0.72) -11.69% (0.51) -8.82% (0.81) -12.82% (0.58) -14.36% PBT 1.33 21.59% (3.21) -55.54% 3.38 53.48% 2.92 72.28% Tax (0.63) -10.23% 1.03 17.82% (0.97) -15.35% (0.19) -4.70% Net Profit 0.71 11.53% (2.19) -37.89% 2.41 38.13% 2.73 67.57% Initiative of BSE Investors’ Protection Fund Page 1 of 2 STAKEHOLDERS EMPOWERMENT SERVICES Sinclairs Hotels Ltd www.sinclairshotels.com Sector - Hotels & Restaurants Report Date: 09 Jun 2014 Quarter on Quarter Changes: Quarterly EPS History Operational Profitability 4.50 3.98 100.00 86.59 5.00 80.00 66.22 4.00 1.85 3.00 1.39 60.00 38.92 / Share) 33.27 2.00 ` 40.00 1.00 Crore) 2.34 3.50 4.18 2.05 20.00 ` 0.00 0.00 -2.70 -1.00 -20.00 -2.00 ( EBITDA -46.81 -40.00 -3.00 -3.61 Profit(%) Margin Operating Quarterly ( Earnings Quarterly -60.00 -4.00 Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 EBITDA OPM % Quarterly Income Growth Quarterly PAT Margins 7.11 7.11 2.73 6.58 80.00 2.41 3.00 ) 6.24 60.00 2.00 1.12 67.54 Crores 40.00 0.71 1.00 (` 4.28 Crore) 20.00 38.19 ` 0.00 0.00 18.65 NPM(%) 11.44 -1.00 -20.00 Net Profits ( Profits Net Total Income Income Total -37.87 -40.00 -2.00 -2.19 -60.00 -3.00 Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 Net Profit NPM % DISCLOSURE: THIS REPORT HAS BEEN SPONSORED BY BSE - INVESTOR PROTECTION FUND TRUST DISCLAIMER: While SES Pvt. Ltd. has made every effort and has exercised due skill, care and diligence in compiling this report based on publicly available information, it neither guarantees its accuracy, completeness or usefulness, nor assumes any liability whatsoever for any consequence from its use. This report does not have any approval, express or implied, from any authority, nor is it required to have such approval. The users are strongly advised to exercise due diligence while using this report. This report in no manner constitutes an offer, solicitation or advice to buy or sell securities, nor solicits votes or proxies on behalf of any party. SES has no financial liability whatsoever, to the subscribers / users of this report. The report is released in India and SES has ensured that it is in accordance with Indian laws. Person resident outside India shall ensure that laws in their country are not violated while using this report; SES shall not be responsible for any such violation. This report should not be reproduced or redistributed or communicated directly or indirectly in any form to any other person - especially outside India or published or copied in whole or in part, for any purpose. ABOUT SES: Stakeholders’ Empowerment Services is a not for profit initiative of like-minded people with a vision to achieve a corporate governance state where all stakeholders are treated in just and fair manner. We believe that this journey can be possible only with active participation of all stakeholders. For more information please contact SES at +91 22 4022 0322, or via e-mail: [email protected] Corporate Governance Research | Corporate Governance Score | Proxy Advisory | Stakeholders’ Education Initiative of BSE Investors’ Protection Fund Page 2 of 2.
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