AHLEAST · Asian Hotels (East) Ltd · Hotels & Motels
AHLEAST · Asian Hotels (East) Ltd · Hotels & Motels
As of 06 Nov close
52-week range
24.7% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹27 Cr
Revenue YoY
PAT YoY
+166.2%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.2
P/S (TTM)
1.9
Sector P/E
32.7
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| AHLEAST (this stock) | Not meaningful (earnings negative over the last 12 months) | 1.2 | -38.5% | -26.1% | 2.34 | 0.0% |
| Indian Hotels Company | 53.9 | 7.9 | +23.1% | +17.6% | 21.07 | +0.5% |
| ITC Hotels | 43.4 | 2.7 | +20.3% | +7.4% | 0.01 | +0.7% |
| EIH | 28.2 | 3.7 | +23.5% | +13.5% | 0.05 | +0.5% |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 27 Aug 2026 | Ratna Saraf | SELL | 20,26,520 | ₹0 |
| 27 Aug 2026 | Ratna Saraf | SELL | 20,26,520 | ₹12 |
| 27 Aug 2026 | Arun Kumar Saraf | BUY | 20,26,520 | ₹0 |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedAsian Hotels (East) Limited's FY2025-26 annual report highlights a qualified audit opinion due to unresolved disputes over tax positions and a subsidiary's lease non-compliance. The company faces risks related to the recoverability of loans to its subsidiary Novak Hotels, contingent on the acquisition of Hyatt Regency Mumbai. Despite no defaults or legal disqualifications, the audit emphasizes uncertainties in tax matters and potential liquidity challenges tied to the subsidiary's financial obligations. The company maintains compliance with governance standards and has no material legal or regulatory defaults.
- Qualified audit opinion due to unresolved tax disputes and lease non-compliance by subsidiary GJS Hotels Limited.
- Loans to subsidiary Novak Hotels (Rs. 24,928.50 Lakhs) depend on successful acquisition of Hyatt Regency Mumbai.
- No defaults in loan repayments or legal disqualifications of directors.
- Material uncertain tax positions under dispute with tax authorities.
Key takeaway: Asian Hotels (East) Limited faces significant uncertainties in tax disputes and contingent liabilities from subsidiary loans, necessitating close monitoring of resolution progress and financial implications.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (2 items); Default / Covenant Breach (4 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor issued a qualified opinion on the standalone financial statements of Asian Hotels (East) Limited.
Earlier (1-3 years ago)
The auditor issued a qualified opinion on the standalone financial statements of Asian Hotels (East) Limited as of March 31, 2025.
Older (3+ years ago)
The auditors have not filed a report under sub-section (12) of section 143 of the Companies Act in the required form ADT-4 with the Central Government.
Regulatory Action
2 occurrencesEarlier (1-3 years ago)
GJS Hotels Limited received a show-cause notice from the Government of Odisha on 28th May 2024 regarding potential lease termination and land possession resumption, following the government's instruction to IDBI Bank to forfeit Rs. 3.50 crores in Performance Bank Guarantees.
Older (3+ years ago)
The company has non-complied with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Default / Covenant Breach
4 occurrencesRecent (last 12 months)
The Company has not complied with the provisions of Sections 73 to 76 and related rules regarding deemed deposits of Rs. 28.14 lakh outstanding for over 365 days.
Earlier (1-3 years ago)
The company has not defaulted in repayment of loans or interest, but the revocation of lease deed by the Govt. of Odisha raises significant doubt on the repayability of the loan to the holding company.
The company has outstanding tax disputes with amounts ranging from 75.74 lakhs to 13,852.73 lakhs, pending before various authorities including CIT (A) and Commissioner (Appeals), relating to different fiscal years.
Older (3+ years ago)
Asian Hotels (East) Limited had amounts payable in respect of various statutory dues (provident fund, income tax, sales tax, etc.) in arrears as of 31 March 2022 for more than six months from their due dates.
Routine disclosures
Internal Control Weakness
2 occurrencesRecent (last 12 months)
The auditor has issued a qualified audit opinion on the Company's internal financial controls with reference to these standalone financial statements.
Earlier (1-3 years ago)
The auditor mentions evaluating the overall presentation, structure, and content of the standalone financial statements and whether they represent the underlying transactions and events in a manner that achieves fair presentation.
Contingent Liability
5 occurrencesRecent (last 12 months)
The company has material uncertain tax positions under dispute with tax authorities, involving significant estimation uncertainty and material amounts.
Earlier (1-3 years ago)
The company has significant claims and litigations with uncertain liabilities that are material to the financial statements, as noted in the auditor's report.
Asian Hotels (East) Limited has contingent liabilities including corporate guarantees, letters of credit, and tax-related appeals under various acts, as of 31 March 2024.
Older (3+ years ago)
The company has a contingent liability in the form of a corporate guarantee to IDBI Bank for Robust Hotels Pvt. Ltd., and other pending tax liabilities including service tax, sales tax, VAT, and income tax under various acts, with some appeals filed against the demands.
The company is subject to significant claims and litigations with uncertain liabilities, as noted in the auditor's report and referenced in Note 40 of the standalone financial statements.
Related-Party Transaction
4 occurrencesRecent (last 12 months)
GJS Hotels Limited has an unsecured, interest-free intercorporate loan from a related party (holding company) as of March 31, 2025.
Earlier (1-3 years ago)
The company has disclosed transactions with related parties, including subsidiaries and entities controlled by directors or their relatives, such as Juniper Hotels Limited and Saraf Industries Limited, during the financial year 2024-25.
Saraf group's subsidiary Novak Hotels Pvt Ltd provided a Rs. 37,536.50 lakh short-term loan to AHWL, secured by a charge over AHWL's property, as part of a transaction with a related party under insolvency resolution.
Older (3+ years ago)
The company has transactions with its Holding Company, Asian Hotels (East) Ltd, including investments in share capital and advances. The advances from the Holding Company are interest-free and repayable on demand, with a closing balance as of March 31, 2023.
Statutory dues in dispute
1 occurrenceOlder (3+ years ago)
The company has outstanding tax dues of Rs 6,836,585 and Rs 7,644,193 related to service tax disputes pending before the Service Tax Appellate Tribunal for the fiscal years 2008-09 to 2012-13 and 2013-14, respectively.