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Royal Orchid Hotels

BSE:532699
Snowflake Description

Proven track record second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
532699
BSE
₹2B
Market Cap
  1. Home
  2. IN
  3. Consumer Services
Company description

Royal Orchid Hotels Limited operates and manages hotels/resorts; and provides related services. The last earnings update was 55 days ago. More info.


Add to Portfolio Compare Print
  • Royal Orchid Hotels has significant price volatility in the past 3 months.
532699 Share Price and Events
7 Day Returns
-14%
BSE:532699
-1%
IN Hospitality
-1.2%
IN Market
1 Year Returns
-51.8%
BSE:532699
-16.7%
IN Hospitality
-4.2%
IN Market
532699 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Royal Orchid Hotels (532699) -14% -28.2% -36.9% -51.8% -7.8% 60.5%
IN Hospitality -1% -3.9% -15% -16.7% 13% 33.4%
IN Market -1.2% -2.8% -3.9% -4.2% 19.1% 33.1%
1 Year Return vs Industry and Market
  • 532699 underperformed the Hospitality industry which returned -16.7% over the past year.
  • 532699 underperformed the Market in India which returned -4.2% over the past year.
Price Volatility
532699
Industry
5yr Volatility vs Market

532699 Value

 Is Royal Orchid Hotels undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Royal Orchid Hotels to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Royal Orchid Hotels.

BSE:532699 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 17.2%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:532699
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.921 (1 + (1- 35%) (43.88%))
1.123
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.123 * 8.6%)
17.21%

Discounted Cash Flow Calculation for BSE:532699 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Royal Orchid Hotels is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:532699 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 17.21%)
2020 203.19 Est @ 10.24% 173.35
2021 222.35 Est @ 9.43% 161.85
2022 242.07 Est @ 8.87% 150.32
2023 262.58 Est @ 8.47% 139.11
2024 284.10 Est @ 8.2% 128.41
2025 306.83 Est @ 8% 118.32
2026 330.97 Est @ 7.87% 108.89
2027 356.69 Est @ 7.77% 100.12
2028 384.17 Est @ 7.7% 92.00
2029 413.59 Est @ 7.66% 84.50
Present value of next 10 years cash flows ₹1,256.88
BSE:532699 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹413.59 × (1 + 7.55%) ÷ (17.21% – 7.55%)
₹4,603.85
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹4,603.85 ÷ (1 + 17.21%)10
₹940.61
BSE:532699 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹1,256.88 + ₹940.61
₹2,197.49
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹2,197.49 / 27.43
₹80.13
BSE:532699 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹80.13
Current discount Discount to share price of ₹76.00
= -1 x (₹76.00 - ₹80.13) / ₹80.13
5.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Royal Orchid Hotels is available for.
Intrinsic value
5%
Share price is ₹76 vs Future cash flow value of ₹80.13
Current Discount Checks
For Royal Orchid Hotels to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Royal Orchid Hotels's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Royal Orchid Hotels's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Royal Orchid Hotels's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Royal Orchid Hotels's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:532699 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹4.83
BSE:532699 Share Price ** BSE (2019-07-22) in INR ₹76
India Hospitality Industry PE Ratio Median Figure of 46 Publicly-Listed Hospitality Companies 21.47x
India Market PE Ratio Median Figure of 2,833 Publicly-Listed Companies 14.48x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Royal Orchid Hotels.

BSE:532699 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532699 Share Price ÷ EPS (both in INR)

= 76 ÷ 4.83

15.73x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Royal Orchid Hotels is good value based on earnings compared to the IN Hospitality industry average.
  • Royal Orchid Hotels is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Royal Orchid Hotels's expected growth come at a high price?
Raw Data
BSE:532699 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.73x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
India Hospitality Industry PEG Ratio Median Figure of 11 Publicly-Listed Hospitality Companies 1.75x
India Market PEG Ratio Median Figure of 537 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Royal Orchid Hotels, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Royal Orchid Hotels's assets?
Raw Data
BSE:532699 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹65.38
BSE:532699 Share Price * BSE (2019-07-22) in INR ₹76
India Hospitality Industry PB Ratio Median Figure of 66 Publicly-Listed Hospitality Companies 1.25x
India Market PB Ratio Median Figure of 3,670 Publicly-Listed Companies 0.93x
BSE:532699 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532699 Share Price ÷ Book Value per Share (both in INR)

= 76 ÷ 65.38

1.16x

* Primary Listing of Royal Orchid Hotels.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Royal Orchid Hotels is good value based on assets compared to the IN Hospitality industry average.
X
Value checks
We assess Royal Orchid Hotels's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Royal Orchid Hotels has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

532699 Future Performance

 How is Royal Orchid Hotels expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Royal Orchid Hotels expected to grow at an attractive rate?
  • Unable to compare Royal Orchid Hotels's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Royal Orchid Hotels's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Royal Orchid Hotels's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:532699 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 21%
India Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 11.4%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 9.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:532699 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:532699 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 1,255 151 1
BSE:532699 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 2,038 131
2018-03-31 1,898 249 34
2017-03-31 1,753 267 -35

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Royal Orchid Hotels is high growth as no earnings estimate data is available.
  • Unable to determine if Royal Orchid Hotels is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:532699 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Royal Orchid Hotels Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532699 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31 5.51 5.51 5.51 1.00
BSE:532699 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 4.83
2018-03-31 1.23
2017-03-31 -1.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Royal Orchid Hotels will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Royal Orchid Hotels's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Royal Orchid Hotels has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

532699 Past Performance

  How has Royal Orchid Hotels performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Royal Orchid Hotels's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Royal Orchid Hotels's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Royal Orchid Hotels's 1-year earnings growth exceeds its 5-year average (291% vs -3.8%)
  • Royal Orchid Hotels's earnings growth has exceeded the IN Hospitality industry average in the past year (291% vs 30.1%).
Earnings and Revenue History
Royal Orchid Hotels's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Royal Orchid Hotels Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532699 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,038.33 131.11 149.43
2018-03-31 1,897.60 33.53 183.02
2017-03-31 1,753.33 -34.62 193.09
2016-03-31 1,585.32 -13.01 174.58
2015-03-31 1,477.54 -38.67 170.12
2014-12-31 1,471.44 133.29 236.04
2014-09-30 1,384.11 187.40 236.04
2014-06-30 1,409.98 93.77 236.04
2014-03-31 1,420.40 3.67 236.71
2013-12-31 1,511.80 -266.71 290.04
2013-09-30 1,685.05 -426.24 290.04
2013-06-30 1,688.19 -427.57 290.04
2013-03-31 1,603.01 -116.27 272.01
2012-12-31 1,668.87 -32.09 293.80
2012-09-30 1,618.33 98.77 351.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Royal Orchid Hotels has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Royal Orchid Hotels used its assets more efficiently than the IN Hospitality industry average last year based on Return on Assets.
  • Royal Orchid Hotels has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Royal Orchid Hotels's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Royal Orchid Hotels has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

532699 Health

 How is Royal Orchid Hotels's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Royal Orchid Hotels's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Royal Orchid Hotels's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Royal Orchid Hotels's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Royal Orchid Hotels's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Royal Orchid Hotels Company Filings, last reported 3 months ago.

BSE:532699 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 2,216.48 913.42 446.85
2018-03-31 2,139.21 1,068.74 263.71
2017-03-31 2,143.90 1,138.39 219.63
2016-03-31 1,963.67 839.28 136.48
2015-03-31 1,970.98 927.61 141.25
2014-12-31 1,916.21 864.66 238.38
2014-09-30 1,916.21 864.66 238.38
2014-06-30 2,067.25 1,346.66 376.99
2014-03-31 2,067.25 1,346.66 376.99
2013-12-31 2,219.52 2,231.01 522.30
2013-09-30 2,219.52 2,231.01 522.30
2013-06-30 2,458.03 2,588.04 94.93
2013-03-31 2,458.03 2,588.04 94.93
2012-12-31
2012-09-30
  • Royal Orchid Hotels's level of debt (41.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (65.1% vs 41.2% today).
  • Debt is well covered by operating cash flow (27.3%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Royal Orchid Hotels's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Royal Orchid Hotels has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

532699 Dividends

 What is Royal Orchid Hotels's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.63%
Current annual income from Royal Orchid Hotels dividends.
If you bought ₹2,000 of Royal Orchid Hotels shares you are expected to receive ₹53 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Royal Orchid Hotels's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.57%).
  • Royal Orchid Hotels's dividend is above the markets top 25% of dividend payers in India (2.29%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:532699 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1446 Stocks 1.5%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:532699 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2020-03-31
BSE:532699 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-28 2.000 1.932
2018-07-27 1.500 1.250
2017-08-10 1.000 0.624
2017-05-29 1.000 0.924
2017-02-20 1.000 1.030
2013-02-04 0.000 0.000
2012-11-02 0.000 0.000
2012-08-08 0.000 0.000
2012-05-30 0.000 0.000
2011-08-08 1.500 3.005
2011-05-30 1.500 2.344
2011-01-24 0.000 0.000
2010-11-01 0.000 0.000
2010-05-27 0.000 0.000
2009-06-19 1.500 2.156
2009-06-01 1.500 2.190
2008-09-30 6.000 13.701

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Royal Orchid Hotels's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Royal Orchid Hotels's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Royal Orchid Hotels afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Royal Orchid Hotels has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

532699 Management

 What is the CEO of Royal Orchid Hotels's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chander Baljee
COMPENSATION ₹21,003,000
AGE 68
TENURE AS CEO 33.5 years
CEO Bio

Mr. Chander Kamal Baljee has been the Managing Director of Royal Orchid Hotels Limited since January 3, 1986 and has been its Director since January 3, 1986. He served as Chairman of Royal Orchid Hotels Limited since January 3, 1986 until 2019. Mr. Baljee has over three decades of experience in hospitality. He has been recently featured in the IIM Ahmedabad book "Stay Hungry Stay Foolish" which chronicles the rise of 25 entrepreneurs. He is an active member of the All India Management Association, the Greater Mysore Chamber of Commerce and Industry and the Confederation of Indian Industry. He is a certified Hotel Administrator from American Hotel and Lodging Association (AH & LA). He holds an MBA from IIMA.

CEO Compensation
  • Chander's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Chander's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Royal Orchid Hotels management team in years:

3.7
Average Tenure
51
Average Age
  • The tenure for the Royal Orchid Hotels management team is about average.
Management Team

Chander Baljee

TITLE
MD & Director
COMPENSATION
₹21M
AGE
68
TENURE
33.5 yrs

Amit Jaiswal

TITLE
Chief Financial Officer
COMPENSATION
₹6M
TENURE
4.5 yrs

Ranabir Sanyal

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹2M
AGE
34
TENURE
2.9 yrs

Chirag Talwar

TITLE
Director of Corporate Marketing
TENURE
0.3 yrs

Arjun Baljee

TITLE
President of Projects
COMPENSATION
₹837K
AGE
39

Shekar Bhargava

TITLE
Executive Director
COMPENSATION
₹4M
AGE
63
Board of Directors Tenure

Average tenure and age of the Royal Orchid Hotels board of directors in years:

3.6
Average Tenure
62
Average Age
  • The tenure for the Royal Orchid Hotels board of directors is about average.
Board of Directors

Chander Baljee

TITLE
MD & Director
COMPENSATION
₹21M
AGE
68
TENURE
33.5 yrs

Naveen Jain

TITLE
Independent Director
COMPENSATION
₹546K
AGE
60
TENURE
2.8 yrs

Lilian Paul

TITLE
Independent & Additional Director
AGE
49
TENURE
1.7 yrs

Sunil Sikka

TITLE
Non-Executive Director
COMPENSATION
₹155K
AGE
61
TENURE
18.8 yrs

Sunita Baljee

TITLE
Non-Executive Director
COMPENSATION
₹210K
AGE
65
TENURE
4.3 yrs

Vivek Mansingh

TITLE
Independent Director
COMPENSATION
₹406K
AGE
63
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Royal Orchid Hotels's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Royal Orchid Hotels has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

532699 News

Simply Wall St News

532699 Company Info

Description

Royal Orchid Hotels Limited operates and manages hotels/resorts; and provides related services. As of June 10, 2019, it operated approximately 50 hotels across 35 locations in India. The company was formerly known as Universal Resorts Limited and changed its name to Royal Orchid Hotels Limited in 1997. Royal Orchid Hotels Limited was founded in 1973 and is based in Bengaluru, India.

Details
Name: Royal Orchid Hotels Limited
532699
Exchange: BSE
Founded: 1973
₹2,081,573,818
27,425,215
Website: http://www.royalorchidhotels.com
Address: Royal Orchid Hotels Limited
No. 1, Golf Avenue,
Adjoining KGA Golf Course,
Bengaluru,
Karnataka, 560008,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532699 Equity Shares Mumbai Stock Exchange IN INR 06. Feb 2006
NSEI ROHLTD Equity Shares National Stock Exchange of India IN INR 06. Feb 2006
Number of employees
Current staff
Staff numbers
3,351
Royal Orchid Hotels employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:50
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2019/07/11
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.