BYKE

OVERVALUED

The Byke Hospitality Ltd

Hotels & Hospitality · NSE

112.6% vs fair value

52W Low

26

+37.3% from low

52W High

101

-64.2% from high

News sentiment
3 bull13 neu7 bear

Valuation Gauge

OVERVALUED-112.6% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹36

Fair Value

₹17

Fair Value Analysis

₹17

Based on earnings growth potential for Hotels & Hospitality sector companies | Sector-cheap: P/E at 63th percentile vs sector peers. | CAUTION: ROCE declining (latest 11.7%) — returns on capital are falling; verify this isn't a value trap. | COVID-resilient: PAT dropped from ₹5Cr (FY2019) to ₹-18Cr (FY2021) during COVID but has fully recovered.

Low confidence

Growth Valuation

100% weight

₹17

Price vs Market

BYKE
Nifty 50

Shareholding Pattern

Stock Health Score

C

Mixed Signals

5.4 / 10

Profitability

6/10

ROE of 2.1% is below the Hotels & Hospitality sector benchmark of 15%

Debt & Leverage

10/10

D/E ratio of 0.5x is well within the Hotels & Hospitality sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 33.2x trades at a 34% discount to Hotels & Hospitality sector median (50x) — attractively valued

Cash Flow

1/10

Negative FCF of ₹-4 Cr — company is consuming more cash than it generates

Earnings Growth

3/10

5yr EPS CAGR of -0.6% — earnings are declining (sector avg growth: 15.0%)

Dividend

4/10

No dividend — typical for growth-stage companies

Company Health Timeline

10-year financial health at a glance

FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
100
100
88
63
63
38
50
75
50
75
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

1.6%

Free cash flow / market cap

Revenue Growth (YoY)

-1.3%

Year-on-year revenue change

Profit Growth (YoY)

-2.2%

Year-on-year PAT change

Operating Cash Flow

₹10 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹1.1

P/E Ratio

33.3x

P/B Ratio

0.8x

ROE

2.1%

ROCE

4.4%

Debt / Equity

0.46x

Beta

0.64

Div Yield

FCF (Cr)

₹-4 Cr

Revenue (Cr)

₹97 Cr

EPS Growth 5Y

Mkt Cap (Cr)

₹182 Cr

52W High

₹100.8

52W Low

₹26.3

Book Value/Share

₹43.3

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹106 Cr₹46 Cr44.0%₹6 Cr₹1.11
2025-03-31₹97 Cr₹37 Cr39.0%₹5 Cr₹0.88
2024-03-31₹84 Cr₹35 Cr42.0%₹6 Cr₹1.20
2023-03-31₹114 Cr₹40 Cr35.0%₹2 Cr₹0.57
2022-03-31₹93 Cr₹24 Cr25.0%₹-13 Cr₹-3.20
2021-03-31₹66 Cr₹14 Cr22.0%₹-18 Cr₹-4.55
2020-03-31₹122 Cr₹36 Cr30.0%₹4 Cr₹1.03
2019-03-31₹147 Cr₹24 Cr16.0%₹5 Cr₹1.26
2018-03-31₹177 Cr₹69 Cr39.0%₹36 Cr₹8.98
2017-03-31₹270 Cr₹62 Cr23.0%₹32 Cr₹7.99
2016-03-31₹230 Cr₹53 Cr23.0%₹26 Cr₹6.47
2015-03-31₹180 Cr₹37 Cr21.0%₹20 Cr₹5.00
2014-03-31₹154 Cr₹29 Cr19.0%₹16 Cr₹3.96

Compounded Growth Rates

Sales Growth

3Y-2.4%
5Y+9.9%
10Y-7.5%

Profit Growth

3Y+44.2%
5Y
10Y-13.6%

EPS Growth

3Y+24.9%
5Y
10Y-16.2%

Peer Comparison

Hotels & Hospitality
StockPriceFair ValueMoS%P/EROESignal

Ecos (India) Mobility & Hospitality Limited

₹131.9₹586.6+77.5%13.425.5%FAIRLY_VALUED

Asian Hotels (East) Limited

₹165₹543.7+69.7%8.612.9%FAIRLY_VALUED

EIH Associated Hotels Limited

₹327₹765.8+57.3%20.2113.3%UNDERVALUED

Thomas Cook India

₹91.7₹166.4+44.9%189.3%UNDERVALUED

Advent Hotels International Limited

₹145.8₹261.6+44.3%13.28.4%FAIRLY_VALUED

Taj GVK Hotels & Resorts

₹320.1₹530+39.6%15.515.0%UNDERVALUED

Royal Orchid Hotels Limited

₹338₹447.1+24.4%23.915.9%FAIRLY_VALUED

Kamat Hotels (I) Limited

₹162₹182.8+11.4%15.211.3%FAIRLY_VALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

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