MarketFriction

Howard Hotels Ltd

BSE 526761 · Hotels & Resorts
₹17.90 -9.96%
BSE close2026-10-01
Market cap₹16.8 Cr.
P/E153

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2.163.834.633.073.015.284.803.182.685.354.412.68
Expenses2.222.654.253.573.553.513.743.343.163.823.773.15
Operating Profit-0.061.180.38-0.50-0.541.771.06-0.16-0.481.530.64-0.47
OPM %-2.78%30.81%8.21%-16.29%-17.94%33.52%22.08%-5.03%-17.91%28.60%14.51%-17.54%
Other Income0.020.020.170.020.020.020.120.040.040.010.120.08
Interest0.050.050.050.120.120.120.070.100.100.100.040.07
Depreciation0.150.180.160.170.170.200.430.250.260.270.180.23
Profit before tax-0.240.970.34-0.77-0.811.470.68-0.47-0.801.170.54-0.69
Tax %0.00%0.00%94.12%0.00%0.00%0.00%22.06%0.00%0.00%0.00%20.37%0.00%
Net Profit-0.240.970.02-0.77-0.801.470.53-0.47-0.801.170.43-0.69
EPS in Rs-0.261.060.02-0.84-0.881.610.58-0.52-0.881.280.47-0.76
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8.008.729.2910.659.711.724.3110.2613.1516.1615.6115.12
Expenses7.498.198.969.829.542.634.428.4811.2914.3614.0513.90
Operating Profit0.510.530.330.830.17-0.91-0.111.781.861.801.561.22
OPM %6.38%6.08%3.55%7.79%1.75%-52.91%-2.55%17.35%14.14%11.14%9.99%8.07%
Other Income0.170.200.230.130.120.010.050.080.240.180.200.25
Interest0.100.080.170.200.190.140.130.150.200.440.350.31
Depreciation0.650.700.700.770.670.600.520.540.620.960.960.94
Profit before tax-0.07-0.05-0.31-0.01-0.57-1.64-0.711.171.280.580.450.22
Tax %-128.57%-20.00%-80.65%-100.00%33.33%-7.93%7.04%36.75%25.00%25.86%24.44%
Net Profit0.02-0.04-0.060.00-0.76-1.51-0.770.740.950.430.330.11
EPS in Rs0.02-0.04-0.070.00-0.83-1.66-0.840.811.040.470.360.11
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth7%55%15%-7%
Compounded Profit Growth27%17%-24%-85%
Stock Price CAGR10%21%8%-33%
Return on Equity-1%3%5%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital9.119.119.119.119.119.119.119.119.119.119.119.11
Reserves3.493.513.483.233.102.360.890.180.961.922.382.75
Borrowings1.951.761.852.222.142.022.412.392.645.064.583.25
Other Liabilities2.582.481.451.702.001.861.662.032.393.513.223.33
Total Liabilities17.1316.8615.8916.2616.3515.3514.0713.7115.1019.6019.2918.44
Fixed Assets12.8012.2912.9614.2213.6613.3712.8812.4412.6415.9315.8215.32
CWIP0.841.180.660.000.000.000.000.160.360.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets3.493.392.272.042.691.981.191.112.103.673.473.12
Total Assets17.1316.8615.8916.2616.3515.3514.0713.7115.1019.6019.2918.44
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1.370.720.901.000.760.43-0.610.411.472.232.072.04
Cash from Investing Activity-1.16-0.49-0.85-1.29-0.21-0.38-0.11-0.25-0.93-3.50-1.85-0.35
Cash from Financing Activity-0.45-0.260.100.08-0.22-0.210.27-0.160.112.23-0.92-1.68
Net Cash Flow-0.24-0.030.16-0.210.33-0.16-0.440.010.640.95-0.710.01
Free Cash Flow0.220.230.05-0.290.550.05-0.720.160.54-1.271.251.59
CFO/OP156%141%170%309%92%253%67%-391%83%120%115%131%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days29.3629.6622.1828.6834.6227.8278.5227.9511.387.776.104.44
Inventory Days58.7975.2350.8239.96106.4699.5599.18157.77
Days Payable66.14114.24122.44127.88699.58580.68222.17247.26
Cash Conversion Cycle22.01-9.3522.1828.68-37.00-60.10-514.61-453.19-111.61-81.716.104.44
Working Capital Days-2.78-17.34-74.51-87.62-79.51-88.71-647.24-89.77-30.95-56.07-39.53-41.85
ROCE %3.29%0.28%0.21%-0.97%1.31%-2.66%-11.58%-4.82%10.82%9.86%6.09%5.07%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters60.83%60.83%60.83%60.83%60.83%60.83%60.83%60.83%60.83%60.83%60.83%60.83%
Public39.18%39.18%39.17%39.17%39.17%39.17%39.17%39.18%39.16%39.18%39.17%39.17%
No. of Shareholders6,3856,4616,6566,6636,6586,6616,6546,6286,6366,5976,5456,532

Fundamentals

Market Cap₹ 16.8 Cr.
Current Price₹ 18.5
Stock P/E153
Book Value₹ 13.0
ROCE5.07 %
ROE2.74 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-7%
Compounded Profit Growth (TTM)-85%
Standalone figures.
Valuation
Market capRs 16 Cr
Enterprise valueRs 18 Cr
P/E (TTM)148.30x
Price to book1.38x
Price to sales1.08x
EV / EBITDA12.01x
EV / EBIT33.31x
EV / sales1.17x
Price to cash flow8.00x
Earnings yield0.67%
P/E, 3-year average46.31x
P/B, 3-year average1.85x
P/E, 5-year average37.22x
P/B, 5-year average1.37x
Profitability
Operating margin (excl. other income)9.99%
Operating margin (incl. other income)11.27%
EBITDA margin9.72%
Pre-tax margin1.46%
Net profit margin0.73%
Net margin, latest quarter-25.75%
ROE2.83%
ROCE5.13%
ROA1.75%
ROE, 3-year average5.22%
ROCE, 3-year average7.25%
ROA, 3-year average3.15%
ROE, 5-year average3.06%
ROCE, 5-year average5.55%
ROA, 5-year average1.81%
ROIC (approx.)3.03%
Tax rate24.44%
Other income / net worth1.69%
Growth
Sales growth (latest year)-3.40%
Profit growth (latest year)-23.26%
Sales CAGR, 3 years15.01%
Sales CAGR, 5 years55.44%
Profit CAGR, 3 years-23.60%
Sales growth QoQ-39.23%
Profit growth QoQ-260.47%
Sales growth YoY (latest quarter)-15.72%
Per share
EPS (TTM)Rs 0.12
EPS (latest year)Rs 0.36
EPS (latest quarter)Rs -0.76
EPS, 3-year averageRs 0.63
EPS, 5-year averageRs 0.37
Book value per shareRs 13.01
Sales per shareRs 16.59
Cash flow per shareRs 2.24
Free cash flow per shareRs 1.74
Efficiency
Asset turnover0.85x
Fixed asset turnover1.02x
Inventory turnover12.00x
Inventory days30 days
Debtor days4 days
Debtors turnover82.16x
Creditor days247 days
Cash conversion cycle4 days
Working capital days-42 days
Leverage
Total debtRs 3 Cr
Cash and bankRs 2 Cr
Net debtRs 1 Cr
Debt to equity0.27x
Net debt / EBITDA0.91x
Interest coverage1.71x
Owners' fund to total sources64.32%
Debt to assets17.62%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years4.89x
Sales to cash flow7.65x
Statement figures
Net sales (TTM)Rs 15 Cr
Net sales (latest year)Rs 16 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 7 Cr
Total expenditure (latest year)Rs 14 Cr
Total income (latest year)Rs 16 Cr
Share capitalRs 9 Cr
ReservesRs 3 Cr
Shareholders' fundsRs 12 Cr
Total assetsRs 18 Cr
Net blockRs 15 Cr
ReceivablesRs 0 Cr
InventoryRs 1 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)0.91
Ownership
Promoter holding60.83% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 148.3 is at the 92th percentile of its own 3.2-year range (median 26.9, low 12.6, high 175.6).
P/B 1.38 is at the 66th percentile (median 0.72).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period526761Nifty 50Difference
1 week-5.8%-2.8% -3.0 pts
1 month-3.2%-6.8% +3.5 pts
3 months-22.5%-7.6% -14.9 pts
3 years+23.3%+14.2% +9.1 pts
5 years+162.1%+27.9% +134.2 pts

Red flags

F-score 6 of 8
lookProfit leans on other income Other income was 44% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹3 Cr -15.7% vs Jun 2025. Net loss ₹1 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Howard Hotels Ltd?

Howard Hotels Ltd (526761) has a market capitalisation of Rs 16.8 Cr. at the 2026-10-01 close.

What is the P/E ratio of Howard Hotels Ltd?

Howard Hotels Ltd trades at a P/E of 153 on trailing twelve-month profit, at the 2026-10-01 close.

What were Howard Hotels Ltd's latest quarterly results?

In the Jun 2026 quarter, Howard Hotels Ltd sales was Rs 3 Cr (-15.7% vs Jun 2025) with a net loss of Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03