Viceroy Hotels Ltd (VHLTD) AI Stock Analysis

• Market Cap: ₹8.32B
• Dividend Yield: N/A
• Average Volume (3M): 10.13K
• Price to Earnings (P/E): 12.0
• Beta (1Y): 0.66
• Revenue Growth: -7.04%
• EPS Growth: -53.33%
• Country: IN
• Employees: 404
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Lodging
• EPS (TTM): -0.45
• Shares Outstanding: 67,578,950
• 10 Day Avg. Volume: 20,767
• 30 Day Avg. Volume: 10,135
• PEG Ratio: <0.01
• Price to Book (P/B): 2.89
• Price to Sales (P/S): 5.15
• P/FCF Ratio: 49.62
• 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: ₹121.00
• Price Target Upside: -6.38% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ₹121.00 ▼(-6.38% Downside)

Viceroy Hotels Ltd shows a strong financial performance with significant improvements in profitability and revenue growth, though high leverage remains a concern. The technical analysis indicates positive short-term momentum, while the valuation suggests the stock is undervalued. These factors collectively contribute to a favorable overall stock score.

Viceroy Hotels Ltd Business Overview & Revenue Model

Company Description

Viceroy Hotels Limited engages in the hoteliering business in India. The company owns and operates a convention center and rooms with fine dining restaurants under the Marriott brand name; and rooms with banquet halls and fine dining restaurant under the Courtyard Marriott brand. It also operates bar and restaurants under the Bluefox brand in Hyderabad and Vijayawada; coffee shops under the Minerva brand name in Hyderabad and Vijayawada; and restaurants under the Eat Street & Waterfront brands in Hyderabad. The company was incorporated in 1965 and is based in Hyderabad, India.

How the Company Makes Money

Viceroy Hotels Ltd generates revenue through multiple streams primarily focused on the hospitality sector. The main revenue source is room bookings, where guests pay for their stays at VHLTD properties. Additionally, the company profits from food and beverage services offered in its restaurants, bars, and room service. VHLTD also provides event and conference facilities, which generates income from corporate clients hosting meetings, weddings, and other events. Partnerships with travel agencies and online booking platforms help to increase visibility and occupancy rates, further enhancing revenue. Seasonal promotions and loyalty programs also contribute to repeat business and sustained income. Furthermore, VHLTD may engage in management contracts or franchising agreements with property owners, allowing for revenue sharing while minimizing capital investment. Overall, the company's diverse offerings and strategic partnerships play a crucial role in its financial success.

Viceroy Hotels Ltd Financial Statement Overview

Summary

Viceroy Hotels Ltd has demonstrated a strong comeback with notable improvements in profitability and revenue growth. The income statement and cash flow metrics show promising trends, but the balance sheet indicates high leverage, which could pose risks if not managed properly.

Income Statement

Viceroy Hotels Ltd has shown impressive revenue growth and profitability improvements. The gross profit margin has increased significantly, and net profit margin has turned positive, indicating a successful turnaround. The EBIT and EBITDA margins have also improved, demonstrating enhanced operational efficiency. Revenue growth rate is strong, reflecting robust demand recovery in the travel lodging sector.

Balance Sheet

The company's balance sheet shows a positive equity after a period of negative equity, indicating improved financial health. However, the debt-to-equity ratio remains high, suggesting potential leverage risks. The return on equity is strong due to recent profitability, but the company needs to focus on reducing debt levels to enhance long-term stability.

Cash Flow

Cash flow metrics reflect a positive trend with growing free cash flow. Operating cash flow has improved significantly, supporting the improved net income figures. However, the company needs to maintain this positive cash flow momentum to ensure financial flexibility and reduce reliance on external financing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.37B	1.37B	1.31B	1.20B	524.40M	321.86M
Gross Profit	948.15M	948.15M	650.70M	547.38M	10.22M	34.99M
EBITDA	376.13M	376.13M	156.47M	90.44M	-160.47M	-144.37M
Net Income	779.93M	779.93M	23.88M	-549.00K	-263.08M	-205.69M
Balance Sheet
Total Assets	3.12B	3.12B	3.27B	3.52B	3.81B	4.05B
Cash, Cash Equivalents and Short-Term Investments	468.49M	468.49M	304.38M	128.08M	29.09M	9.28M
Total Debt	522.58M	522.58M	1.79B	5.12B	6.34B	6.29B
Total Liabilities	672.35M	672.35M	2.60B	7.97B	8.26B	8.24B
Stockholders Equity	2.44B	2.44B	668.20M	-4.45B	-4.45B	-4.18B
Cash Flow
Free Cash Flow	0.00	142.43M	100.03M	-232.73M	-65.94M	43.73M
Operating Cash Flow	0.00	323.11M	181.13M	-232.73M	-65.88M	127.04M
Investing Cash Flow	0.00	-735.32M	-149.38M	438.89M	47.78M	-82.05M
Financing Cash Flow	0.00	-828.94M	144.55M	-107.17M	37.91M	-39.34M

Viceroy Hotels Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 129.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VHLTD, the sentiment is Positive. The current price of 129.25 is above the 20-day moving average (MA) of 122.55, above the 50-day MA of 117.49, and above the 200-day MA of 113.11, indicating a bullish trend. The MACD of 2.74 indicates Negative momentum. The RSI at 64.75 is Neutral, neither overbought nor oversold. The STOCH value of 60.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VHLTD.

Viceroy Hotels Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VHLTD	75 Outperform	₹8.32B	11.96	―	―	-7.04%	-53.33%
KAMATHOTEL	72 Outperform	₹9.05B	18.59	―	―	20.44%	-8.66%
ASIANHOTNR	69 Neutral	₹6.58B	3.31	―	―	9.91%	―
SPECIALITY	69 Neutral	₹6.79B	34.63	―	0.75%	5.42%	-35.75%
ROHLTD	68 Neutral	₹13.82B	27.98	―	0.50%	9.24%	3.74%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SBGLP	46 Neutral	₹6.05B	49.31	―	0.29%	-33.59%	-36.65%

Viceroy Hotels Ltd Corporate Events

Viceroy Hotels Announces Financial Results and Strategic Auditor Change

Viceroy Hotels Limited announced the approval of its unaudited financial results for the quarter ending June 30, 2025, during a board meeting held on August 8, 2025. Key decisions included the resignation of M/s. Deva & Co. as statutory auditors, with M/s. MSKC & Associates LLP appointed as the new auditors for a five-year term. The company also scheduled its 60th Annual General Meeting for September 8, 2025, and reconstituted its Corporate Social Responsibility and Risk Management Committees. These developments indicate a strategic shift in the company’s governance and financial oversight, potentially impacting its operational efficiency and stakeholder confidence.