Apollo Sindoori Hotels Ltd. (APOLSINHOT) AI Stock Analysis

• Market Cap: ₹2.77B
• Dividend Yield: 0.2%
• Average Volume (3M): 847.00
• Price to Earnings (P/E): 103.9
• Beta (1Y): 0.85
• Revenue Growth: 6.26%
• EPS Growth: 20.82%
• Country: IN
• Employees: 4,213
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Lodging
• EPS (TTM): 2.91
• Shares Outstanding: 2,600,400
• 10 Day Avg. Volume: 1,071
• 30 Day Avg. Volume: 847
• PEG Ratio: -1.34
• Price to Book (P/B): 2.15
• Price to Sales (P/S): 0.58
• P/FCF Ratio: 36.03
• 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: 64 Neutral
• Price Target: ₹1,140.00 ▼(-10.75% Downside)
• Action: Reiterated Date: 01/06/26
• Date: Action: Reiterated 01/06/26

The score is primarily supported by strong revenue growth and improving free cash flow, but is held back by thin/declining profitability (lower net margin and ROE). Technicals are mixed with short-term strength but negative MACD and longer-term resistance, and valuation/income support is modest (P/E 27.94 and ~0.21% yield).

Positive Factors

Consistent Revenue Growth

Sustained top-line growth across years indicates recurring contract wins and demand for institutional catering. This durable revenue base supports scale, improves bargaining power with suppliers, and provides a runway for margin recovery and reinvestment over the next several quarters.

Improved Free Cash Flow & Cash Conversion

Material FCF improvement and strong cash conversion mean the business generates real cash from operations, reducing reliance on external funding. This enhances ability to fund working capital, bid for larger contracts, and sustain operations through cyclical slowdowns over the medium term.

Moderate Leverage and Strong Equity Base

A solid equity ratio and manageable debt level give financial flexibility to support contract-backed expansion and absorb shocks. Moderate leverage preserves capacity for targeted capex or M&A without overburdening cash flow, supporting stability in a service-driven industry.

Negative Factors

Declining Net Profit Margin

A materially lower net margin reduces internal funding for growth and exposes earnings to inflation in food, labor, or fuel costs. Persistently compressed net margins constrain retained earnings and make long-term profitability sensitive to input cost shocks or pricing pressure.

Weakened Return on Equity

Falling ROE signals the firm is generating less profit per unit of shareholder capital, implying lower capital efficiency. If the trend persists, it can limit reinvestment capacity, reduce investor confidence, and hamper the company’s ability to finance growth without issuing new equity.

Thin EBITDA & Limited FCF Relative to Net Income

Low EBITDA margins and only modest FCF relative to net income limit the buffer to absorb demand volatility and rising costs. This structural thinness in operating profitability can restrict reinvestment, weaken pricing flexibility, and heighten downside risk in tougher market conditions.

Apollo Sindoori Hotels Ltd. Business Overview & Revenue Model

Company Description

Apollo Sindoori Hotels Limited operates as a hospitality service management and support services company in India. It provides catering services to corporates, institutions, hospitals, and industries; and kitchen planning and management services. The company also operates hotels in Chennai and Bengaluru. Apollo Sindoori Hotels Limited was incorporated in 1998 and is based in Chennai, India.

How the Company Makes Money

Apollo Sindoori Hotels Ltd. generates revenue primarily by delivering contracted food and hospitality services to organizations. Key revenue streams typically include: (1) institutional/industrial catering contracts where the company prepares and serves meals for client sites (e.g., offices, factories, campuses) and earns service fees and/or per-meal charges; (2) event and outdoor catering for corporate or large-format events, earning revenue per event through food packages and service charges; and (3) allied service offerings bundled with catering (such as pantry management and other on-site hospitality support) that are billed as part of long-term service agreements. The company’s earnings are driven by winning and retaining multi-site/long-duration contracts, pricing tied to volumes (meals/guests) and input costs, and operational execution across client locations. Specific details on customer concentration, named partnerships/clients, or segment-level revenue splits are not available here and are therefore null.

Apollo Sindoori Hotels Ltd. Financial Statement Overview

Summary

Solid revenue growth and materially improved free cash flow support the score, with strong cash conversion (operating cash flow to net income 2.76). Offsetting this are weakening profitability signals, including lower net margin (1.4% vs. 2.1%) and declining ROE (5.3% vs. 8.2%), despite manageable leverage (debt-to-equity 0.55).

Income Statement

Apollo Sindoori Hotels Ltd. shows a consistent revenue growth with a notable increase in total revenue over the past few years, especially from 2023 to 2024 (41.5%) and 2024 to 2025 (4.3%). The gross profit margin is healthy at 12.1% for 2025, indicating efficient cost management. However, net profit margin has declined to 1.4% in 2025 from 2.1% in 2024, suggesting rising costs or other challenges impacting profitability. EBIT margin improved significantly to 12.1% in 2025, showing operational efficiency. EBITDA margin is also strong at 5.4%. Overall, the income statement reflects positive growth trends but with some profitability concerns.

Balance Sheet

The company has a stable equity base with stockholders' equity increasing to 46.3% of total assets in 2025. The debt-to-equity ratio stands at a moderate 0.55 in 2025, showing manageable leverage. Return on equity has decreased to 5.3% in 2025, down from 8.2% in 2024, indicating reduced profitability from equity investments. While leverage is under control, the declining ROE suggests that asset utilization for generating profit could be improved.

Cash Flow

Free cash flow improved significantly in 2025, growing by 67.6% from 2024, indicating improved cash generation capacity. The operating cash flow to net income ratio is robust at 2.76, highlighting strong cash conversion. However, the free cash flow to net income ratio at 1.13 suggests moderate free cash flow generation relative to net income. Overall, cash flow management appears strong with significant improvement in free cash flow despite challenges in net income growth.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	5.67B	5.42B	5.19B	3.67B	2.08B	1.69B
Gross Profit	673.86M	656.34M	696.18M	498.50M	264.57M	185.69M
EBITDA	315.09M	290.11M	347.04M	347.79M	146.34M	86.31M
Net Income	110.56M	77.25M	110.69M	169.15M	148.06M	95.66M
Balance Sheet
Total Assets	3.41B	3.16B	3.16B	3.39B	1.66B	1.52B
Cash, Cash Equivalents and Short-Term Investments	820.01M	991.94M	1.11B	1.51B	253.14M	219.05M
Total Debt	821.75M	807.03M	872.42M	1.27B	230.26M	242.66M
Total Liabilities	1.89B	1.70B	1.81B	2.19B	637.05M	645.74M
Stockholders Equity	1.53B	1.46B	1.35B	1.20B	1.02B	879.03M
Cash Flow
Free Cash Flow	-240.71M	86.94M	51.89M	-178.68M	143.89M	135.85M
Operating Cash Flow	2.05M	213.27M	141.27M	20.73M	181.90M	168.92M
Investing Cash Flow	-252.56M	-33.90M	58.16M	-496.58M	-124.31M	-115.94M
Financing Cash Flow	-73.50M	-121.86M	-594.82M	425.44M	-35.60M	-29.26M

Apollo Sindoori Hotels Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1277.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:APOLSINHOT, the sentiment is Negative. The current price of 1277.3 is above the 20-day moving average (MA) of 1176.12, above the 50-day MA of 1240.00, and below the 200-day MA of 1309.51, indicating a bearish trend. The MACD of -46.78 indicates Positive momentum. The RSI at 27.84 is Positive, neither overbought nor oversold. The STOCH value of 17.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:APOLSINHOT.

Apollo Sindoori Hotels 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%
APOLSINHOT	64 Neutral	₹2.77B	103.91	―	0.20%	6.26%	20.82%
SINCLAIR	59 Neutral	₹3.78B	18.56	―	0.94%	-0.10%	-54.46%
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%
BYKE	54 Neutral	₹1.72B	41.80	―	―	18.81%	-26.71%