MarketFriction

Mac Hotels Ltd

BSE 541973 · Hotels & Resorts
₹57.00 -5.79%
BSE close2026-10-01
Market cap₹33.5 Cr.
P/E101

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 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales0.151.810.512.712.093.292.453.421.232.482.112.47
Expenses1.822.311.593.412.761.873.122.020.742.150.721.70
Operating Profit-1.67-0.50-1.08-0.70-0.671.42-0.671.400.490.331.390.77
OPM %-1,113.33%-27.62%-211.76%-25.83%-32.06%43.16%-27.35%40.94%39.84%13.31%65.88%31.17%
Other Income0.000.000.000.040.000.000.010.090.010.000.000.00
Interest0.100.100.120.090.100.110.110.100.080.070.060.21
Depreciation0.170.180.160.160.160.170.170.180.160.110.710.77
Profit before tax-1.94-0.78-1.36-0.91-0.931.14-0.941.210.260.150.62-0.21
Tax %-1.03%-32.05%0.00%7.69%0.00%24.56%0.00%-2.48%0.00%80.00%25.81%-38.10%
Net Profit-1.92-0.53-1.36-0.98-0.930.85-0.931.250.250.030.46-0.13
EPS in Rs-6.40-1.77-4.53-3.27-3.102.83-3.104.170.830.050.82-0.23
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales1.551.833.034.116.788.281.963.235.385.973.724.58
Expenses1.481.382.452.954.057.514.125.014.635.132.742.40
Operating Profit0.070.450.581.162.730.77-2.16-1.780.750.840.982.18
OPM %4.52%24.59%19.14%28.22%40.27%9.30%-110.20%-55.11%13.94%14.07%26.34%47.60%
Other Income0.350.050.030.050.000.000.000.040.000.000.000.00
Interest0.130.180.210.250.260.230.210.210.210.210.310.29
Depreciation0.210.230.200.400.450.400.350.320.330.340.271.47
Profit before tax0.080.090.200.562.020.14-2.72-2.270.210.290.400.42
Tax %-12.50%0.00%35.00%19.64%32.67%0.00%-9.93%3.08%133.33%-10.34%30.00%19.05%
Net Profit0.090.080.130.451.370.13-2.45-2.34-0.080.320.280.33
EPS in Rs27.6924.620.431.504.570.43-8.17-7.80-0.271.070.500.59
Dividend Payout %0.00%0.00%0.00%0.00%17.52%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%19%-5%23%
Compounded Profit Growth15%16%83%18%
Stock Price CAGR%13%13%-19%
Return on Equity%%5%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.330.333.003.003.003.003.003.003.003.005.635.63
Reserves-0.19-0.110.020.531.751.79-0.66-3.00-3.08-2.765.936.27
Borrowings1.591.951.882.171.792.782.462.472.532.141.335.14
Other Liabilities0.860.840.740.491.942.762.294.404.555.283.632.22
Total Liabilities2.593.015.646.198.4810.337.096.877.007.6616.5219.26
Fixed Assets1.511.514.524.524.384.454.825.195.154.955.969.74
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.020.060.030.000.020.020.020.02
Other Assets1.081.501.121.674.085.822.241.681.832.6910.549.50
Total Assets2.593.015.646.198.4810.337.096.877.007.6616.5219.26
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.691.791.39-1.370.570.581.20-3.74-3.62
Cash from Investing Activity-0.38-1.57-1.971.41-0.18-0.28-0.15-1.28-5.25
Cash from Financing Activity-0.04-0.560.80-0.25-0.38-0.33-0.5510.093.74
Net Cash Flow0.27-0.340.22-0.210.01-0.040.505.07-5.13
Free Cash Flow0.311.470.92-2.09-0.120.301.05-5.02-8.87
CFO/OP59%66%181%63%-32%77%143%-382%-166%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days25.9031.9178.3056.84100.6777.5883.8047.4640.7157.4775.5596.43
Inventory Days188.03159.10123.9669.09128.46116.38344.14748.56
Days Payable398.18355.64123.96105.93581.15592.46928.14315.51
Cash Conversion Cycle-184.25-164.6378.3056.84100.6777.5883.8010.62-411.98-418.62-508.45529.48
Working Capital Days-251.97117.6843.3763.0514.00-24.69-255.13-419.24-251.70-253.73-239.4181.29
ROCE %11.80%13.85%11.32%15.28%37.25%5.24%-40.58%-56.67%17.07%20.70%9.30%4.74%
Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026May 2026
Promoters73.00%73.00%73.00%73.00%73.00%73.00%73.00%73.00%61.19%61.19%61.19%54.20%
Public27.00%27.00%27.00%27.00%27.00%27.00%27.00%27.00%38.81%38.81%38.82%45.78%
No. of Shareholders109109117113108115103112141144140154

Fundamentals

Market Cap₹ 33.5 Cr.
Current Price₹ 52.6
Stock P/E101
Book Value₹ 21.1
ROCE4.74 %
ROE2.81 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)18%
Standalone figures.
Valuation
Market capRs 32 Cr
Enterprise valueRs 37 Cr
P/E (TTM)97.27x
Price to book2.70x
Price to sales7.01x
EV / EBITDA16.87x
EV / EBIT51.79x
EV / sales8.03x
Earnings yield1.03%
P/E, 3-year average117.65x
P/B, 3-year average18.64x
P/E, 5-year average117.65x
P/B, 5-year average-15.08x
Profitability
Operating margin (excl. other income)47.60%
Operating margin (incl. other income)47.60%
EBITDA margin47.60%
Pre-tax margin9.17%
Net profit margin7.21%
ROE2.81%
ROCE4.74%
ROA1.84%
ROE, 3-year average135.85%
ROCE, 3-year average11.58%
ROA, 3-year average2.84%
ROE, 5-year average81.51%
ROCE, 5-year average-0.97%
ROA, 5-year average-5.23%
ROIC (approx.)3.47%
Tax rate19.05%
Growth
Sales growth (latest year)23.12%
Profit growth (latest year)17.86%
Sales CAGR, 3 years-5.22%
Sales CAGR, 5 years18.50%
Per share
EPS (TTM)Rs 0.59
EPS (latest year)Rs 0.59
EPS, 3-year averageRs 0.72
EPS, 5-year averageRs -1.18
Book value per shareRs 21.13
Sales per shareRs 8.13
Cash flow per shareRs -6.43
Free cash flow per shareRs -15.75
Efficiency
Asset turnover0.24x
Fixed asset turnover0.47x
Inventory turnover0.74x
Inventory days491 days
Debtor days96 days
Debtors turnover3.79x
Creditor days316 days
Cash conversion cycle529 days
Working capital days81 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 0 Cr
Net debtRs 5 Cr
Debt to equity0.43x
Net debt / EBITDA2.14x
Interest coverage2.45x
Owners' fund to total sources61.79%
Debt to assets26.69%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs -5 Cr
Cash from Financing Activity (latest year)Rs 4 Cr
Net Cash Flow (latest year)Rs -5 Cr
Free cash flow (latest year)Rs -9 Cr
FCFE (approx.: FCF + change in debt)Rs -5 Cr
Statement figures
Net sales (TTM)Rs 5 Cr
Net sales (latest year)Rs 5 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 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
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 5 Cr
Share capitalRs 6 Cr
ReservesRs 6 Cr
Shareholders' fundsRs 12 Cr
Total assetsRs 19 Cr
Net blockRs 10 Cr
InvestmentsRs 0 Cr
ReceivablesRs 1 Cr
InventoryRs 1 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.56
Ownership
Promoter holding54.20% (-18.80 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 97.3 is at the 38th percentile of its own 4.2-year range (median 120.1, low 27.9, high 323.6).
P/B 2.70 is at the 2th percentile (median 8.06).
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.
Period541973Nifty 50Difference
1 week+5.6%-2.8% +8.3 pts
1 month-37.4%-6.8% -30.6 pts
3 years+56.4%+14.2% +42.2 pts
5 years+99.0%+27.9% +71.1 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -662% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 21% of total assets in 2026
explainReceivables outrunning sales Receivables grew 57% vs sales +23% in 2026
explainShare dilution Share count up 0% in a year, 87% in three
lookInventory outrunning sales Inventory grew 83% vs sales +23% 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

Mar 2026
Sales ₹2 Cr -27.8% vs Mar 2024. Net loss ₹0 Cr.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Indian Hotels Co Ltd101,68352.317.1 %
ITC Hotels Ltd33,43936.311.2 %
EIH Ltd18,87726.020.7 %
Chalet Hotels Ltd18,41234.417.0 %
Leela Palaces Hotels & Resorts Ltd17,82039.78.73 %
Ventive Hospitality Ltd13,07527.010.8 %
Lemon Tree Hotels Ltd8,25332.214.1 %
India Tourism Development Corporation Ltd5,63668.129.9 %
Juniper Hotels Ltd4,76025.78.04 %
Mahindra Holidays & Resorts India Ltd3,93384.18.12 %
Samhi Hotels Ltd3,3217.908.90 %
Oriental Hotels Ltd2,48937.112.1 %
Apeejay Surrendra Park Hotels Ltd2,18433.99.43 %
Brigade Hotel Ventures Ltd2,12931.212.8 %
TajGVK Hotels & Resorts Ltd1,98913.813.3 %
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 Mac Hotels Ltd?

Mac Hotels Ltd (541973) has a market capitalisation of Rs 33.5 Cr. at the 2026-10-01 close.

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

Mac Hotels Ltd trades at a P/E of 101 on trailing twelve-month profit, at the 2026-10-01 close.

What were Mac Hotels Ltd's latest quarterly results?

In the Mar 2026 quarter, Mac Hotels Ltd sales was Rs 2 Cr (-27.8% vs Mar 2024) with a net loss of Rs 0 Cr.

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