A

Asian Hotels (East) Limited

(NSE: AHLEAST)

AHLEAST

240.4

-0.75 (-0.31%)

Price Chart

Price Chart

Price Summary

Today’s High

248.25

Today’s Low

238.1

52 Week's High

248.25

52 Week's Low

238.1

Company Essentials

Market Cap

275.9 Cr

CASA

0.0

No. Of Shares

1.2 Cr

P/E

274.7

P/B

0.2

Face Value

10.0

Dividend Yeild

0.0

Book Value

740.1

Net Interest Income

3.8 Cr

Cost to Income

NA

Promoter Holdings

65.6

EPS

0.6

CAR

NA

ROE

0.1

ROCE

0.1

Profit Growth

NA

Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

Asian Hotels (East) Limited

240.5

275

0.2

274.7

0.6

0.1

0.1

3.8 Cr

Apollo Sindoori Hotels Limited

752.1

196

3.1

22.6

25.2

14.6

19.8

45.5

Kamat Hotels (I) Limited

86.1

191

-3.6

0.0

-11.7

0.0

0.7

23.8

AHLWEST

144.15

188

NA

NA

NA

NA

NA

NA

Advani Hotels & Resorts (India) Limited

82

371

6.1

0.0

-0.9

-9.0

-11.5

8.20 L

The Byke Hospitality Ltd

42.35

168

0.4

0.0

-4.5

-10.2

-5.6

89.7

FAQ’s on Asian Hotels (East) Limited

About

Asian Hotels (East) was originally incorporated as Vardhman Hotels on January 8, 2007, under the Companies Act, 1956, with the Registrar of Companies, NCT of Delhi and Haryana. The company was converted into a Public Limited Company and the subsequently the name was changed to Vardhman Hotels with effect from (w.e.f.) July 28, 2007. The company entered into a Scheme of Arrangement and De-merger with Asian Hotels (Transferor Company).

A Scheme of Arrangement & Demerger amongst Asian Hotels and its shareholders & creditors (Transferor Company), Chillwinds Hotels and its shareholders (Transferee Company-I) & Vardhman Hotels and its shareholders (Transferee Company-II) [the Scheme] became effective on February 11, 2010 after the Order dated January 13, 2010 duly sanctioned & passed by the Delhi High Court was filed with the Registrar of the company, NCT of Delhi and Haryana. Both the Transferee Companies were wholly owned subsidiaries of the Transferor Company. Before effectiveness of the Scheme, Asian Hotels had 3 properties in the form of 5 star hotels situated in New Delhi (Hyatt Regency Delhi), Mumbai (Hyatt Regency Mumbai) and Kolkata (Hyatt Regency Kolkata).

Post effectiveness of the Scheme, assets and liabilities of Mumbai Undertaking and Kolkata Undertaking respectively were demerged, transferred and vested with Chillwinds Hotels being the Transferee Company-I and Vardhman Hotels being the Transferee Company-II and Asian Hotels (Transferor Company) retained the residual assets which mainly consisted of Hyatt Regency Delhi Hotel. The demerger, transfer, vesting and retention of assets & liabilities happened retrospectively w.e.f. October 31, 2009 being the Appointed Date defined in the Scheme and the 3 undertakings became separate & independent entities from the date. Upon this Scheme becoming effective on February 11, 2010, the name of Vardhman Hotels (Transferee Company-II) was changed to “Asian Hotels (East)” after obtaining permission of the Registrar of Companies.

Business area of the company

Asian Hotels (East) is into the business of hospitality industries & is managed by a professional Board of Directors consisting of eminent personalities & professionals.