Asian Hotels (North) Limited (ASIANHOTNR) AI Stock Analysis

• Market Cap: ₹6.57B
• Dividend Yield: N/A
• Average Volume (3M): 1.79K
• Price to Earnings (P/E): 3.3
• Beta (1Y): 0.71
• Revenue Growth: 8.18%
• EPS Growth: N/A
• Country: IN
• Employees: 785
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Lodging
• EPS (TTM): -32.66
• Shares Outstanding: 19,453,228
• 10 Day Avg. Volume: 1,024
• 30 Day Avg. Volume: 1,795
• PEG Ratio: -0.01
• Price to Book (P/B): 2.70
• Price to Sales (P/S): 2.23
• P/FCF Ratio: 2.64
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹358.00 ▲(8.75% Upside)

The overall stock score of 67 reflects a combination of strong financial performance and attractive valuation, offset by neutral technical indicators. The company's significant improvements in revenue and profitability, along with its low P/E ratio, are the most impactful factors. However, the lack of strong technical momentum and absence of dividend yield slightly temper the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

Profitability Improvement

Improved profitability enhances the company's ability to reinvest in growth opportunities and strengthens its competitive position.

Cash Flow Strength

Robust cash flow generation provides financial flexibility, enabling the company to fund operations, pay down debt, and invest in future growth.

Negative Factors

Moderate Equity Ratio

A moderate equity ratio indicates potential vulnerability in financial stability, necessitating further equity strengthening to support long-term resilience.

Leverage Concerns

While leverage has improved, maintaining lower debt levels is crucial to ensure financial flexibility and reduce risk exposure in volatile markets.

Steady EBIT Margin

A steady EBIT margin indicates limited operational efficiency gains, highlighting the need for enhanced cost management to boost profitability.

Asian Hotels (North) Limited Business Overview & Revenue Model

Company Description

Asian Hotels (North) Limited operates in the hospitality sector, primarily focusing on the ownership, management, and development of hotels and related properties in northern India. The company is known for offering premium accommodation and services, catering to both business and leisure travelers. Its portfolio includes well-established hotel brands and operates under various international franchises, providing luxury amenities and a high standard of service.

How the Company Makes Money

The company generates revenue primarily through room bookings, food and beverage services, and event hosting. Key revenue streams include daily room rates from guests, catering services for events and conferences, and partnerships with travel agencies and corporate clients for bulk bookings. Additionally, Asian Hotels (North) Limited benefits from brand affiliations with international hotel chains, which enhance its visibility and attract a wider customer base. Seasonal promotions and loyalty programs also contribute to repeat business and increased occupancy rates.

Asian Hotels (North) Limited Financial Statement Overview

Summary

Asian Hotels (North) Limited has shown marked improvements across its financial statements. The income statement reflects strong revenue and profitability growth, while the balance sheet indicates reduced leverage and improved equity utilization. The cash flow statement highlights significant free cash flow growth and solid cash generation. Despite past challenges, the company's financial health has strengthened, positioning it well for future opportunities in the travel lodging industry.

Income Statement

The company demonstrated robust revenue growth with a significant increase of 6.7% from 2024 to 2025. The gross profit margin increased to 57.4%, indicating strong profitability. The net profit margin turnaround from a negative figure in 2024 to a positive 58.8% in 2025 showcases a significant improvement in net income generation. However, the EBIT margin was steady, suggesting controlled operational improvement. Overall, the income statement indicates a positive growth trajectory with enhanced profitability.

Balance Sheet

The debt-to-equity ratio improved considerably from 2024 to 2025, reflecting reduced leverage and a stronger equity base. The return on equity rose dramatically due to the shift from negative to positive net income, indicating efficient use of equity. The equity ratio, however, remains moderate at 17.0%, suggesting room for further strengthening. The overall balance sheet suggests improved financial stability, though with a need for higher equity levels.

Cash Flow

The company achieved a strong free cash flow growth rate, with free cash flow increasing significantly in 2025. The operating cash flow to net income ratio suggests healthy cash generation relative to net income. The free cash flow to net income ratio also supports a positive cash flow outlook. Overall, the cash flow statement reflects robust cash generation and improved financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.26B	3.18B	2.98B	2.56B	1.31B	725.83M
Gross Profit	2.02B	1.83B	1.96B	1.66B	617.70M	199.94M
EBITDA	3.89B	3.88B	569.10M	468.29M	-9.20M	-159.84M
Net Income	1.99B	1.87B	-874.97M	-848.21M	-1.25B	-6.95B
Balance Sheet
Total Assets	0.00	15.44B	17.03B	15.73B	15.56B	20.03B
Cash, Cash Equivalents and Short-Term Investments	544.85M	618.18M	1.63B	189.11M	14.10M	12.32M
Total Debt	0.00	5.50B	10.52B	10.82B	10.68B	12.65B
Total Liabilities	-2.62B	12.82B	16.28B	14.10B	13.20B	15.49B
Stockholders Equity	2.62B	2.62B	749.04M	1.62B	2.47B	4.28B
Cash Flow
Free Cash Flow	0.00	2.68B	725.00M	420.40M	139.31M	392.55M
Operating Cash Flow	0.00	2.74B	725.00M	429.16M	147.00M	408.85M
Investing Cash Flow	0.00	-55.83M	1.68M	37.28M	-31.27M	12.40M
Financing Cash Flow	0.00	-2.68B	-381.61M	-291.44M	-111.39M	-429.93M

Asian Hotels (North) Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 329.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASIANHOTNR, the sentiment is Neutral. The current price of 329.2 is above the 20-day moving average (MA) of 328.03, below the 50-day MA of 329.90, and below the 200-day MA of 349.71, indicating a neutral trend. The MACD of -0.45 indicates Negative momentum. The RSI at 50.21 is Neutral, neither overbought nor oversold. The STOCH value of 46.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:ASIANHOTNR.

Asian Hotels (North) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASIANHOTNR	67 Neutral	₹6.57B	3.30	―	―	8.18%	―
ASPINWALL	63 Neutral	₹2.05B	31.05	―	2.66%	9.72%	-57.95%
ROHLTD	61 Neutral	₹10.91B	23.64	―	0.61%	10.77%	-4.40%
SINCLAIR	59 Neutral	₹4.70B	35.28	―	0.93%	-0.10%	-54.46%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
AHLEAST	53 Neutral	₹2.51B	22.03	―	0.72%	6.51%	-94.16%

Asian Hotels (North) Limited Corporate Events

Asian Hotels (North) Limited Secures Investment from Elana Holdings

Asian Hotels (North) Limited has announced the execution of a Definitive Share Subscription Agreement with Elana Holdings Pte. Ltd., a Singapore-based investor. This agreement involves Elana Holdings subscribing to 23,180,000 equity shares at a price of Rs. 330 each, which will be used to pay off the company’s outstanding loans. The investor will not have any control over the company or be part of the promoter group, ensuring no changes in the company’s board or capital structure.

Asian Hotels (North) Limited Concludes Successful AGM with All Resolutions Passed

Asian Hotels (North) Limited successfully conducted its 44th Annual General Meeting on September 29, 2025, via video conferencing, adhering to regulatory requirements. All six resolutions proposed during the meeting were passed with the necessary majority, reflecting strong shareholder support and potentially reinforcing the company’s strategic direction.

Asian Hotels (North) Limited Faces Loan Default

Asian Hotels (North) Limited has disclosed a default on its loan obligations to Sammaan Capital Limited, amounting to over INR 98 crore in principal and interest. This financial strain highlights challenges in the company’s liquidity management and could impact its market positioning and stakeholder confidence.