The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Kamat Hotels (India) Ltd is an India-based company, which is engaged in the hospitality business. The Company has hotels in the states of Maharashtra (Mumbai, Pune, Nashik, Murud), Goa (Benaulim) and Orissa (Puri, Konark and Bhubaneswar). Its leisure hotels include Lotus Eco…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, priced for perfection — but flagged on governance.
KAMAT HOTELS is scored on the general / industrial framework. It keeps a slim 9.6% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.53× reported profit. It throws off free cash worth 8.1% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 10%/yr and profit at -50%/yr. Book value itself has compounded 29%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 14.5%. In the latest quarter profit fell 45% versus the prior quarter.
At 17× earnings, the stock sits at the 88th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price asks for only ~3%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: Share count up 28% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 12.59 | 48.91 | better |
| P/B | 1.98 | 0.84 | worse |
| EV/EBITDA | 6.61 | 6.75 | better |
| ROE | 14.48 | — | — |
| ROCE | 17.33 | 5.57 | better |
| ROA | 7.47 | — | — |
| Quick Ratio | 1.01 | 3.39 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| The Indian Hotels Co. | 53.4 | 9.3 | 16.2% |
| ITC Hotels | 38.7 | 3.1 | 7.9% |
| Leela Palaces Hotels & Resorts | 50.0 | 3.5 | 7.1% |
Revenue has grown every year across all 4 financial years shown. 10% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (10% vs -50%) — costs are rising faster than the top line.
Operating margin has compressed from 17% to 14% — costs or competition are eating into profitability.
ROE at 12% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 191pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (-50% vs -54%) — share dilution is eroding per-share value. -54% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.5× PAT — earnings are well-backed by cash; strong accrual quality. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 22% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (36% spread) — likely seasonality, lumpy orders, or project-based revenue.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 45% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (-3% → 10%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 57.8% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.