ASIANHOTNR · Asian Hotels (North) Ltd · Hotels & Motels
ASIANHOTNR · Asian Hotels (North) Ltd · Hotels & Motels
As of 05 Nov close
52-week range
22.8% below 52-week high
52-week range: as of 05 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 52 days old
Revenue (latest Q)
₹78 Cr
Revenue YoY
PAT YoY
+73.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.8
P/S (TTM)
4.6
Sector P/E
32.7
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ASIANHOTNR (this stock) | Not meaningful (earnings negative over the last 12 months) | 1.8 | -26.5% | -10.0% | 0.36 | 0.0% |
| 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% |
| Chalet Hotels | 33.8 | 5.1 | +22.1% | +14.3% | 0.64 | +0.2% |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
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-generatedThe annual report of Asian Hotels (North) Limited for FY2025-26 outlines the company's financial performance, corporate governance, and strategic initiatives. The report highlights a net loss for the year, attributed to historical losses, debt obligations, and foreign exchange fluctuations. Despite this, the company emphasizes operational cost control, debt repayment, and efficiency improvements to enhance financial stability. The report also discusses management's positive expectations for the Indian hospitality sector, driven by domestic tourism, infrastructure development, and government support. The company is focused on strengthening key business segments, enhancing digital presence, and improving customer engagement.
- The company reported a net loss due to historical losses, debt obligations, and foreign exchange fluctuations.
- Strategic initiatives include operational cost control, debt repayment, and efficiency improvements.
- Management has stated a positive expectation for the Indian hospitality sector driven by domestic tourism, infrastructure development, and government support.
- Focus on strengthening corporate, MICE, medical, and other institutional business segments.
- Enhancing digital presence and online distribution to improve customer engagement.
Key takeaway: Despite reporting a net loss, the company is focusing on operational efficiency, debt management, and leveraging management's positive expectations for the growth of the Indian hospitality sector to improve financial stability and stakeholder value.
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 (6 items); Regulatory Action (6 items); Default / Covenant Breach (6 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
6 occurrencesRecent (last 12 months)
The Company is conscious of the qualified opinion expressed by its Secretarial Auditors and is making concerted efforts to correct the position.
Earlier (1-3 years ago)
The company is conscious of the qualified opinion expressed by its Secretarial Auditors and is making concerted efforts to correct the position.
The Secretarial Auditors expressed a qualified opinion on certain points as of March 31, 2024, with the management's replies provided in the report.
Older (3+ years ago)
Secretarial Auditors expressed a qualified opinion regarding the Company's non-compliance with the minimum number of Directors requirement under SEBI regulations from 10.04.2022 to 06.07.2022 due to the resignation of Mr. Rajeev Uberoi.
The auditor expressed uncertainty about the company's ability to meet its liabilities within one year from the balance sheet date, indicating a potential going concern issue.
The auditors issued a modified opinion on the consolidated financial statements due to the company not providing provisions for interest liabilities amounting to Rs. 1518 Lakhs for FY 2020-21 and Rs. 3284.60 Lakhs in aggregate till 31.03.2021, leading to an understatement of CWIP by Rs. 3284.60 Lakhs.
Regulatory Action
6 occurrencesRecent (last 12 months)
The company received a penalty of Rs 6,00,000 from SEBI in 2024 for non-intimation of an inter-creditor agreement and delayed submission of OTR intimation under Listing Regulations.
Earlier (1-3 years ago)
The company has not complied with the requirement to disclose regulatory fines or penalties within 24 hours as per SEBI regulations.
The company paid a penalty of INR 6,00,000 to SEBI on May 09, 2024, following an adjudication order dated April 25, 2024 for violations of Regulation 4(1)(d), (e) & (h) and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Older (3+ years ago)
The company had a delay in filing audited financial results as of 31st March, 2021, which is a regulatory non-compliance.
The company received show cause notices from NSE and BSE imposing a penalty of Rs. 29,500 each for late submission of audited financial results for FY 2020-21.
The company received show cause notices from NSE and BSE imposing a penalty of Rs. 59000 each for late submission of audited financial results for the year ended March 31, 2020.
Default / Covenant Breach
6 occurrencesRecent (last 12 months)
The company defaulted in repayment of its loans and was unable to pay the approved remuneration to the Whole-Time Directors in full during the Financial Year 2025–26.
Earlier (1-3 years ago)
During the FY 2025-26, the Company has committed default in payment of dues to Star Strength (Debt assigned by DBS Bank) and Ambitious Cement Private Limited.
Leading Hotels Limited, an Indian subsidiary, had a Corporate Insolvency Resolution Process (CIRP) initiated against it on June 25, 2021, and a Resolution Plan was approved on July 18, 2024.
Older (3+ years ago)
The company's subsidiary, Lexon Hotel Ventures Limited, is undergoing liquidation in Mauritius, and its parent company, Fineline Hospitality & Consultancy Pte. Ltd., has also initiated liquidation proceedings. Additionally, the ultimate subsidiary, Leading Hotels Limited, is under Corporate Insolvency Resolution Process (CIRP), and there are litigations with lenders under One Time Restructuring (OTR) with interim orders in favor of the company.
The company has an Order under section 7 of the Insolvency & Bankruptcy Code 2016 for initiating Corporate Insolvency Resolution Process (CIRP) against its Ultimate Subsidiary Company, Leading Hotels Limited, passed on June 25, 2021. The value of the investment in Leading Hotels Limited is fully impaired due to uncertainty in the insolvency process.
An order under section 7 of the Insolvency & Bankruptcy Code 2016 was passed on June 25, 2021, initiating Corporate Insolvency Resolution Process (CIRP) for Leading Hotels Limited, a subsidiary of the Company.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The auditor notes that proper books of account as required by law have been kept by the company, but there is a mention of backup for some parts of the books of accounts, other books and papers maintained in e.
Contingent Liability
6 occurrencesRecent (last 12 months)
The company has significant legal matters that are considered key audit matters due to their inherent uncertainty and potential impact on financial statements, involving ongoing litigation and disputes.
Earlier (1-3 years ago)
The auditor draws attention to Note 33 regarding uncertainty related to the outcome of disputes and lawsuits against the company, with the impact on financial statements unable to be ascertained.
The company has contingent liabilities related to unresolved disputes and lawsuits, with potential financial impact uncertain. Additionally, it has overdue secured and unsecured borrowings totaling Rs. 17,165.81 Lakhs (principal) and Rs. 19,136.04 Lakhs (interest) as of March 31, 2024.
Older (3+ years ago)
The auditor has drawn attention to contingent liabilities in the Notes to the standalone financial statements of Asian Hotels (North) Limited as of 31st March 2023.
The auditor highlights contingent liabilities related to unresolved disputes and lawsuits against the company, with uncertainty about their impact on financial statements.
The auditor highlights contingent liabilities related to unresolved disputes and lawsuits against the company, with uncertainty about their impact on financial statements.
Related-Party Transaction
2 occurrencesEarlier (1-3 years ago)
The company has an advance of Rs. 29,02,216 lakh paid to DBS Bank Limited, which is recoverable/adjustable from Star Strength, indicating a related-party transaction.
Older (3+ years ago)
The company has disclosed transactions with related parties, including entities controlled by directors or their relatives, such as Ascent Hotels Private Limited and Bhasin & Co., during the financial years 2020-21 and 2019-20.
Management & Board Governance
4 occurrencesEarlier (1-3 years ago)
Mr. Amritesh Jatia resigned as Chairman & Managing Director w.e.f. July 15, 2024. Mr. Akhilesh Bhuwalka resigned as Non-Executive Director w.e.f. 06th May, 2024. Mr. Sanjeev Agarwala ceased as Independent Director w.e.f. April 03, 2024.
Older (3+ years ago)
The company had a period from 10.04.2022 to 06.07.2022 where the number of independent directors fell below the prescribed limit under SEBI regulations due to the resignation of Mr. Rajeev Uberoi, an independent director, and the subsequent vacancy was filled within three months.
The Secretarial Auditors expressed a qualified opinion regarding the delay in informing the stock exchange about the resignation of Mr. Dinesh Kumar Jain, Vice President (Corporate Affairs) & Company Secretary, which occurred beyond the 24-hour requirement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Statutory Auditors of Leading Hotels Limited, a material subsidiary of the Company, resigned on February 08, 2021. The Audit Committee's views on the resignation were not intimated to the Stock Exchange within the required 24-hour timeframe after the February 13, 2021 meeting.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.71% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).