Asian Hotels (West) Ltd

About

Asian Hotels (West) Limited, together with its subsidiaries, engages in the hotel business in India. The company owns and operates the Hotel Hyatt Regency in Mumbai; and the JW Marriott Hotel, a five-star deluxe hotel in New Delhi. It also develops, designs, finances, constructs, operates, and maintains hotel properties. The company was formerly known as Chillwinds Hotels Limited and changed its name to Asian Hotels (West) Limited in February 2010. Asian Hotels (West) Limited was incorporated in 2007 and is based in New Delhi, India.

Key Metrics

as of Sep 2026

Market Cap618 Cr

P/E6.85

Div Yield0.00 %

Book Value₹-11.50

52w High₹751.00

52w Low₹137.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Dec 2020
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.62
Expenses	0.43	5.08	0.75	0.64	0.41	2.69	1.04	0.40	0.63	3.78	0.90	2.28	10.73
Operating Profit	-0.43	-5.08	-0.75	-0.64	-0.41	-2.69	-1.04	-0.40	-0.63	-3.78	-0.90	-2.28	-3.11
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	-40.81
Other Income	1.38	1.52	1.44	1.43	1.40	-6.66	-17.28	1.60	1.19	3.93	4.00	1.66	1.17
Depreciation	1.51	1.56	1.57	1.58	1.60	1.72	1.65	2.45	0.89	1.69	1.75	1.77	2.31
Interest	0.17	2.15	0.17	0.17	0.16	1.85	1.22	0.11	0.11	18.83	7.65	0.11	6.31
Profit before tax	-0.73	-7.27	-1.05	-0.96	-0.77	-12.92	-21.19	-1.36	-0.44	-20.37	-6.30	-2.50	-10.56
Tax %	-73.97	-14.31	-15.24	-30.21	0.00	9.44	2.27	-54.41	-131.82	-1.77	-2.06	-4.80	4.17
Net Profit	-0.19	-6.23	-0.88	-0.67	-0.77	-14.13	-21.67	-0.62	0.14	-20.01	-6.18	-2.38	-11.00
EPS in Rs	-0.16	-5.35	-0.76	-0.58	-0.66	-12.13	-18.60	-0.53	0.12	-17.17	-5.30	-2.04	-9.44

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	0.00	0.00	0.00	0.00	5.57	35.04	137.18	148.84	138.54	135.71	131.58	134.37
Expenses	6.88	4.75	10.19	5.17	21.19	43.76	104.56	108.82	106.43	103.48	104.71	104.52
Operating Profit	-6.88	-4.75	-10.19	-5.17	-15.62	-8.72	32.62	40.02	32.11	32.23	26.87	29.85
OPM %	—	—	—	—	-280.43	-24.89	23.78	26.89	23.18	23.75	20.42	22.21
Other Income	5.79	-21.16	9.82	5.47	5.36	5.25	6.18	10.27	13.10	14.28	4.15	1.54
Interest	2.65	3.29	72.97	10.43	21.89	35.66	27.03	26.25	23.29	29.36	23.09	21.87
Depreciation	6.30	6.70	6.99	7.35	9.75	9.12	8.93	7.46	15.95	15.14	14.66	12.74
Profit before tax	-10.04	-35.90	-80.33	-17.48	-41.90	-48.25	2.84	16.58	5.97	2.01	-6.73	-3.22
Tax %	-14.84	1.06	-0.57	-1.83	-4.84	-1.33	-26.41	-60.86	29.65	27.36	-42.35	-33.54
Net Profit	-8.55	-36.28	-79.86	-17.16	-39.86	-47.61	3.59	26.66	4.20	1.47	-3.87	-2.14
EPS in Rs	-7.34	-31.14	-68.54	-14.73	-34.21	-40.86	3.08	22.88	3.67	1.28	-3.38	-1.87
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.37	27.29	77.96	-29.61	-53.55

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	11.65	11.65	11.65	11.65	11.65	11.65	11.65	11.65	11.46	11.46	11.46	11.46
Reserves	88.82	97.36	133.64	213.51	230.67	270.53	317.96	316.04	285.00	281.98	270.45	275.70
Borrowings	401.25	401.10	380.06	267.12	271.31	270.45	244.25	233.93	189.54	205.91	167.60	167.27
Other Liabilities	52.32	57.23	65.39	98.50	70.90	44.54	45.83	49.00	63.43	57.90	57.86	56.98
Total Liabilities	554.04	567.34	590.74	590.78	584.53	597.17	619.69	610.62	549.43	557.25	507.37	511.41
Fixed Assets	217.10	223.40	228.20	235.18	243.16	254.20	262.94	236.23	238.51	244.42	243.18	256.97
CWIP	0.00	0.00	0.10	0.10	0.10	0.10	0.00	0.56	2.06	8.04	9.13	0.07
Investments	327.53	327.53	327.52	327.51	327.50	327.49	327.48	327.49	240.43	223.52	197.41	197.41
Other Assets	9.41	16.41	34.92	27.99	13.77	15.38	29.27	46.34	68.43	81.27	57.65	56.96
Total Assets	554.04	567.34	590.74	590.78	584.53	597.17	619.69	610.62	549.43	557.25	507.37	511.41

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-5.50	-24.41	-36.55	14.38	5.36	1.14	36.54	61.38	41.32	5.16	33.50	32.07
Cash from Investing Activity	0.03	0.02	4.18	0.01	1.67	1.04	-7.08	-87.46	-12.71	-15.33	-9.97	-33.02
Cash from Financing Activity	-0.30	18.72	30.39	-1.47	-5.52	-9.53	-22.29	23.51	-29.57	10.73	-22.91	2.75
Net Cash Flow	-5.77	-5.67	-1.97	12.92	1.51	-7.35	7.17	-2.56	-0.95	0.55	0.63	1.80
Free Cash Flow	-5.50	-24.42	-36.55	14.38	6.65	-0.21	31.87	57.96	37.06	-10.16	23.46	27.91
CFO/OP %	82.00	531.00	349.00	-290.00	-31.00	-26.00	121.00	164.00	133.00	21.00	132.00	116.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	—	—	—	—	27.52	31.04	17.43	17.73	24.53	18.93	13.12	14.75
Inventory Days	—	—	—	—	—	—	—	—	70.85	97.41	91.47	91.11
Days Payable	—	—	—	—	—	—	—	—	119.09	155.21	167.11	126.19
Cash Conversion Cycle	—	—	—	—	27.52	31.04	17.43	17.73	-23.72	-38.87	-62.53	-20.34
Working Capital Days	—	—	—	—	-20,124.15	-2,852.50	-79.05	-58.39	25.82	30.10	-61.42	-48.51
ROCE %	-1.46	-1.12	-1.45	-1.40	-3.76	-2.23	5.26	8.24	6.08	6.62	3.65	4.30

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	72.11	72.11	72.07	72.02	71.39	71.39	71.39	70.72	70.72	70.72	70.72	70.72
DIIs	0.57	0.57	0.57	0.57	0.57	0.57	0.57	0.57	0.57	0.57	0.57	0.57
Public	27.30	27.30	27.35	27.39	28.02	28.02	28.03	28.71	28.71	28.71	28.71	28.71
No. of Shareholders	7,358	7,845	7,846	8,285	8,713	8,719	9,095	9,092	9,092	9,095	9,092	9,091

Corporate Actions

13 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	23 Oct 2024	23 Oct 2024	—	—	E.G.M.
Other	23 Oct 2024	23 Oct 2024	—	—	Annual General Meeting
Other	22 Sep 2020	—	—	—	Annual General Meeting
Dividend	08 Aug 2019	—	—	1.00
Dividend	25 Jun 2018	—	—	1.00
Dividend	03 Jul 2017	—	—	1.00
Dividend	14 Jul 2016	—	—	1.00
Dividend	02 Sep 2015	—	—	1.00
Dividend	12 Sep 2014	—	—	1.50
Dividend	21 Aug 2013	—	—	2.00
Dividend	04 Sep 2012	—	—	4.00
Dividend	25 Jul 2011	—	—	4.00
Dividend	09 Sep 2010	—	—	3.00