Advani Hotels & Resorts (India) Ltd. (ADVANIHOTR) AI Stock Analysis

• Market Cap: ₹4.78B
• Dividend Yield: 3.31%
• Average Volume (3M): 6.35K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 0.64
• Revenue Growth: 0.14%
• EPS Growth: 7.90%
• Country: IN
• Employees: 161
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Lodging
• EPS (TTM): 1.17
• Shares Outstanding: 92,438,500
• 10 Day Avg. Volume: 5,891
• 30 Day Avg. Volume: 6,349
• PEG Ratio: 3.44
• Price to Book (P/B): 6.63
• Price to Sales (P/S): 5.02
• P/FCF Ratio: 30.11
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ₹63.00 ▲(8.12% Upside)
• Action: Upgraded Date: 01/28/26
• Date: Action: Upgraded 01/28/26

The score is primarily supported by strong financial performance (growth, improving margins, and conservative leverage). This is tempered by weaker technical trend signals (trading below key moving averages) and a valuation that appears moderate, with the dividend yield providing some offset.

Positive Factors

Operating margins

Sustained strong EBIT/EBITDA margins indicate durable operating leverage and effective cost control in the resort operation. High margins improve cash conversion, provide buffer in downturns, and support reinvestment in property and service quality over the medium term.

Conservative balance sheet

A low debt-to-equity profile and strong equity base reduce financial risk for a hospitality asset-intensive business. Conservative leverage enhances resilience to demand shocks, lowers refinancing risk, and preserves capacity to fund maintenance and strategic investment.

Cash generation

Strong operating cash flow relative to net income shows reliable cash conversion from hotel operations. Consistent cash generation supports routine capex, working capital needs, and shareholder distributions, sustaining operations and competitive upkeep of the resort.

Negative Factors

Single-asset concentration

Business concentrated in a single resort creates significant idiosyncratic risk: local demand shocks, seasonal fluctuations, regulatory changes, or property-specific issues materially affect revenue and earnings, limiting diversification and long-term stability.

Recent revenue trend

A negative recent revenue growth figure signals potential top-line vulnerability for a single-resort operator. Persistent or recurring declines would pressure margins and cashflow, constraining reinvestment in facilities and reducing resilience through tourism cycles.

Slight free cash flow dip

Even a modest decline in free cash flow reduces the cushion available for capital maintenance, upgrades, or strategic initiatives at the resort. If the dip continues, it could force trade-offs between upkeep and distributions, eroding long-term guest experience and competitiveness.

Advani Hotels & Resorts (India) Ltd. Business Overview & Revenue Model

Company Description

Advani Hotels & Resorts (India) Limited engages in the hotel business in India. The company operates Caravela Beach Resort, a five-star deluxe resort with 200 rooms located on the white sands of Varca Beach, Goa. It also provides short term accommodation facilities; and restaurant and mobile food services. The company was formerly known as Ramada Hotels (India) Limited and changed its name to Advani Hotels & Resorts (India) Limited in 1999. The company was incorporated in 1987 and is based in Mumbai, India.

How the Company Makes Money

Advani Hotels & Resorts generates revenue primarily through its hotel operations, which include room bookings, food and beverage services, and event hosting. The company earns money from both leisure and business travelers, leveraging its strategic locations to attract a wide range of guests. Key revenue streams include direct bookings through its website and mobile app, partnerships with online travel agencies (OTAs), and corporate contracts for business events. Additionally, the company may benefit from ancillary services such as spa treatments, recreational activities, and tour packages, which contribute to overall profitability. Strategic partnerships with travel companies and local attractions further enhance its revenue potential by providing guests with bundled offers and packages, thus encouraging longer stays and increased spending.

Advani Hotels & Resorts (India) Ltd. Financial Statement Overview

Summary

Strong revenue growth and improved profitability with robust EBIT/EBITDA margins. Balance sheet is conservatively levered with strong equity position, and cash generation is solid despite a slight dip in free cash flow versus the prior year.

Income Statement

Advani Hotels & Resorts has exhibited strong growth in revenue, with a notable increase from 2024 to 2025. The gross profit margin remains solid, reflecting efficient cost management. The net profit margin has improved, indicating enhanced profitability. EBIT and EBITDA margins show robust operating performance, underscoring effective management of operating expenses.

Balance Sheet

The balance sheet of Advani Hotels & Resorts demonstrates a strong equity position with a low debt-to-equity ratio, suggesting conservative leverage and financial stability. A healthy return on equity reflects effective use of shareholder funds. The equity ratio indicates a well-capitalized company with a strong asset base relative to liabilities.

Cash Flow

The company shows a stable cash flow position with a strong operating cash flow to net income ratio, highlighting effective cash generation from operations. Free cash flow growth is robust, although there is a slight decrease compared to the previous year. Overall, cash reserves are comfortable, supporting future investments and financial obligations.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.04B	1.07B	968.41M	986.41M	512.50M	274.68M
Gross Profit	612.13M	657.83M	520.27M	615.71M	182.22M	-6.02M
EBITDA	365.60M	384.15M	369.20M	411.53M	116.53M	-20.89M
Net Income	247.61M	264.36M	249.57M	286.05M	65.08M	-40.81M
Balance Sheet
Total Assets	1.13B	1.08B	999.73M	899.87M	749.68M	643.92M
Cash, Cash Equivalents and Short-Term Investments	535.20M	525.78M	478.38M	362.91M	262.86M	143.54M
Total Debt	4.29M	5.31M	19.76M	20.91M	9.00M	10.78M
Total Liabilities	387.98M	263.99M	280.86M	272.61M	251.15M	211.44M
Stockholders Equity	745.70M	814.20M	718.87M	627.26M	498.53M	432.48M
Cash Flow
Free Cash Flow	76.09M	179.17M	251.72M	234.93M	125.94M	11.77M
Operating Cash Flow	80.56M	211.99M	292.28M	259.54M	130.48M	18.70M
Investing Cash Flow	188.09M	46.14M	-128.43M	-85.26M	-131.52M	-11.46M
Financing Cash Flow	-83.58M	-177.21M	-165.09M	-154.03M	-8.50M	-2.51M

Advani Hotels & Resorts (India) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 58.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ADVANIHOTR, the sentiment is Negative. The current price of 58.27 is above the 20-day moving average (MA) of 52.98, above the 50-day MA of 54.99, and above the 200-day MA of 57.36, indicating a bearish trend. The MACD of -1.13 indicates Positive momentum. The RSI at 40.04 is Neutral, neither overbought nor oversold. The STOCH value of 49.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ADVANIHOTR.

Advani Hotels & Resorts (India) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADVANIHOTR	72 Outperform	₹4.78B	12.58	―	3.31%	0.14%	7.90%
SPECIALITY	56 Neutral	₹4.65B	15.98	―	0.87%	6.66%	-21.40%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
STCINDIA	44 Neutral	₹6.44B	11.60	―	―	―	―
SADBHIN	43 Neutral	₹912.26M	-0.31	―	―	4.63%	67.17%
SICALLOG	39 Underperform	₹13.78B	3.00	―	―	76.34%	94.50%