VHLTDConsumer Discretionary

Viceroy Hotels Limited

Hotels & Resorts · ISIN INE048C01025 · BSE 523796 · NSE BE · FV ₹10
Last price
₹132
+4.12%today
What this company does

Viceroy Hotels Limited operates in Hotels & Resorts, part of the Consumer Discretionary sector. It booked ₹45 cr of revenue in its latest quarter (Q1 FY27) and kept 3.2% of sales as profit.

Their stated mission

is to exceed guest Board and the management of your company intend to channelize expectations through impeccable service and innovative offerings.

In the report:
37out of 100
Equitytale Health Score
Strained

Healthier than 37% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 326–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
64

At close. Not part of the score.

Profitability & returns33

How much profit it earns on the money it employs

Balance sheet20

How much it owes, and whether earnings cover the interest

Cash quality58

Whether reported profit actually arrives as cash

Valuation11

What today's price implies, against our models or its peers

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 19% vs last year
Promoters hold 84%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 3.2% net margin
! Profit down 80% vs last year
! Low 2.2% return on equity

What if I invest in VHLTD?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹132 +4.12%
latest close · 2026-09-17
52-wk low ₹11542 sessions so far52-wk high ₹138
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio157.2High
LowAverageHigh
P/B ratio3.35High
Below bookModerateHigh
EV / EBITDA24.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.2%Weak
WeakFairStrong ▸15%
Return on capital5.3%Weak
WeakFairStrong
Net margin3.2%Thin
ThinDecentStrong
EBITDA margin26.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.99Moderate
LowModerateHigh ▸1
Interest cover1.3×Risky
RiskyOkayStrong ▸5×
Current ratio1.22Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹893 cr
Book value
₹39
EPS
₹0.21
latest quarter
Net debt
₹245 cr
owes more than its cash
Enterprise value
₹1,137 cr
EBITDA
₹47 cr
annualised
EBIT
₹27 cr
annualised
Operating margin
15.2%
Return on assets
1.0%
Earnings yield
0.64%
P/S
4.97
Sales / share
₹26.6
Tax rate
-5.2%
Face value
₹10
Shares
6.8 cr
Working capital
₹9 cr
Current assets
₹52 cr
Current liabilities
₹43 cr
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹40₹49, midpoint ₹45

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹45 cr
Other Income₹29.3 L
Total Income₹45 cr
Cost of Materials₹4 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹9 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹5 cr
Other Expenses₹21 cr
Total Expenses₹44 cr
Profit before Tax₹1 cr
Tax Expense₹-7.2 L
Net Profit₹1 cr
Net margin on total income3.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹4 cr8.6%
Employee benefit expense₹9 cr18.9%
Finance costs₹5 cr12.0%
Depreciation & amortisation₹5 cr11.0%
Other expenses₹21 cr46.3%
Profit for the period₹1 cr3.2%
Total income ₹45 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue39 cr48 cr45 cr
Total income42 cr50 cr45 cr
Expenses31 cr44 cr44 cr
Profit before tax11 cr6 cr1 cr
Tax-22 L-49.7 L-7.2 L
Net profit (owners' share)11 cr6 cr1 cr
Net margin (owners' share, on revenue)28.3%12.4%3.2%
EPS (₹)1.630.890.21
YoY (latest quarter): total income +18.4% · net profit -80.1%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹557 cr
Shareholder equity
₹267 cr
parent shareholders
Total debt
₹264 cr
Cash
₹19 cr
Cash flow · H1 FY25
Operating
₹59 cr
Investing
₹53 cr
Financing
₹-115 cr
Peer comparison
Hotels & Resorts · by market value
CompanyPriceMarket capP/E
The Indian Hotels Company Limited₹727₹1.03 L cr72.4
ITC Hotels Limited₹154₹32,147 cr44.3
EIH Limited₹300₹18,754 cr40.1
Chalet Hotels Limited₹842₹18,446 cr53.6
Leela Palaces Hotels & Resorts Limited₹530₹17,700 cr90.8
Ventive Hospitality Limited₹562₹13,119 cr40.6
Lemon Tree Hotels Limited₹104₹8,240 cr44.9
India Tourism Development Corporation Limited₹663₹5,684 cr150.6
Juniper Hotels Limited₹215₹4,794 cr36.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Rights issue7:620 Aug 2026
Rights issue10:729 Nov 2024
Who owns it · 2026-06-30
No pledge
Promoter
84.1%
FII / Foreign
DII / Domestic
0.0%
Retail / others
15.9%
Promoter stake down 10.9% over the last 11 quarters.
Smart-money activity
Insider trades
SoldLoko Hospitality Private Limited · Promoters31.58 L · ₹35.5 cr29 Jul 24
Bulk / block deals
SoldASSET RECONSTRUCTION COMPANY INDIA LIMITED · NSE14.48 L @ ₹130.162 Jan 26
Stake changes
BoughtLoko Hospitality Private Ltd · promoter→ 84.11%10 Jan 25
SoldLoko Hospitality Private Limited · promoter→ 90.00% · 31.58 L30 Jul 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 10 Sep 2026
See the official result
1
To receive, consider, approve and adopt the Standalone and Consolidated Audited Balance Sheets as at 31st March, 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date together with the Notes attached thereto, along with the Report of Auditors and Directors thereon
Backed by 95% of shareholders other than promotersneeded 50%
1.80 L votes for, 9,469 against
2
To appoint a director in place of Mr. Prabhaker Reddy Solipuram (DIN: 01749615) who retires by rotation and being eligible, offers himself for re-appointment
Backed by 89% of shareholders other than promotersneeded 50%
78,435 votes for, 9,469 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 84.1% between them · as of 2026-06-30
LOKO HOSPITALITY PRIVATE LIMITED84.11%
Business done with them
FY2025 · 1 of the group
The company paid ₹27.79 L cr to companies in the promoter group last year — about 2024087.3% of its ₹137 cr revenue and received ₹75.23 L cr back from them.
LOKO HOSPITALITY PRIVATE LIMITED
Contribution received from them · Loan, Repayment of Loan, Interest Payment,Sale of goods or services, Corporate Guarantee Commission
also owns 84.11% of the company
₹74.61 L cr
company received
LOKO HOSPITALITY PRIVATE LIMITED
Other payments to them · Loan, Repayment of Loan, Interest Payment,Sale of goods or services, Corporate Guarantee Commission
also owns 84.11% of the company
₹27.79 L cr
company paid
LOKO HOSPITALITY PRIVATE LIMITED
Provided services to them · Loan, Repayment of Loan, Interest Payment,Sale of goods or services, Corporate Guarantee Commission
also owns 84.11% of the company
₹62,967 cr
company received
LOKO HOSPITALITY PRIVATE LIMITED
Provision Of Guarantees Or Collateral By Entity · Loan, Repayment of Loan, Interest Payment,Sale of goods or services, Corporate Guarantee Commission
also owns 84.11% of the company
₹12,500 cr
company received

The company also transacted with 7 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹50 cr raised in Dec 2024 by offering new shares to existing shareholders

As of Sep 2025, the company says it has spent 100% of what it set aside.

Capital Expenditure requirements towards renovation/completion of existing properties
100%
₹38 cr of ₹38 cr
To meet General corporate purposes
100%
₹12 cr of ₹12 cr
Spent by quarter: 90%100% (to Sep 2025) · 1 earlier quarter is left out because the company restated its figures

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.