Blue Coast Hotels revenue growth accelerated to 8.2% in FY2016 vs. 3.4% a year earliner
31-05-2016 • About Blue Coast Hotels (
$BLUECOAST) • By InTwits
Blue Coast Hotels reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Blue Coast Hotels's Revenue increased on 8.2%.
Net Income margin jumped on 22.9 pp from -18.6% to 4.4% in FY2016.
Financial and operational results
Blue Coast Hotels ($BLUECOAST) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 1,012 | 974 | 1,031 | 1,067 | 1,154 | 8.2% |
| EBITDA | 325 | 306 | | | | |
| Net Income | -105 | -76 | -182 | -198 | 50 | |
Balance Sheet
|
|---|
| Cash | 29 | 30 | | | | |
| Short Term Debt | 418 | 93 | | | | |
| Long Term Debt | 2,291 | 1,450 | | | | |
Cash flow
|
|---|
| Capex | 387 | | | | | |
Ratios
|
|---|
| Revenue growth | 11.9% | -3.8% | 5.9% | 3.4% | 8.2% | |
| EBITDA growth | 14.9% | -5.8% | | | | |
|
|---|
| EBITDA Margin | 32.1% | 31.5% | | | |
| Net Income Margin | -10.4% | -7.8% | -17.7% | -18.6% | 4.4% | 22.9% |
| CAPEX, % of revenue | 38.2% | | | | | |
|
|---|
| ROIC | 4.4% | 4.7% | | | | |
| ROE | -13.1% | -10.7% | | | | |
| Net Debt/EBITDA | 8.2x | 4.9x | | | |
Peers in Hotels
Below we provide Blue Coast Hotels benchmarking against other companies in Hotels industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Mahindra Holidays & Resorts India ($MHRIL) | - | 27.8% | 10.5% | -8.0% | 97.2% |
| The Byke Hospitality ($THEBYKE) | - | 105.7% | 54.3% | 16.5% | 27.6% |
| Sayaji Hotels ($SAYAJIHOTL) | - | 24.5% | 29.4% | -63.4% | 26.4% |
| Asian Hotels (West) ($AHLWEST) | - | -0.2% | 3.1% | 96.5% | 16.3% |
| Kamat Hotels (India) ($KAMATHOTEL) | - | 14.1% | -4.9% | -3.6% | 11.6% |
| |
|---|
| Median (15 companies) | 69.9% | 12.7% | 5.5% | 3.1% | 3.8% |
|---|
| Blue Coast Hotels ($BLUECOAST) | - | -3.8% | 5.9% | 3.4% | 8.2% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Jindal Hotels ($JINDHOT) | - | - | - | 37.6% | - |
| Benares Hotels ($BENARAS) | - | - | - | 33.6% | - |
| Fomento Resorts & Hotels ($FOMEHOT) | - | - | - | 27.9% | - |
| Advani Hotels & Resorts (India) ($ADVANIHOTR) | - | - | - | 25.9% | - |
| Country Club (India) ($COUNCLB) | 34.2% | 32.3% | 24.2% | 23.7% | 22.5% |
| |
|---|
| Median (21 companies) | 21.7% | 22.6% | 20.3% | 20.5% | 20.7% |
|---|
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Country Club (India) ($COUNCLB) | 58.7% | 36.6% | 49.6% | 28.5% | 37.1% |
| Asian Hotels (North) ($ASIANHOTNR) | 30.8% | 60.2% | 37.2% | 36.1% | 26.8% |
| Sayaji Hotels ($SAYAJIHOTL) | 18.9% | 17.5% | 12.4% | 30.3% | 25.5% |
| Mahindra Holidays & Resorts India ($MHRIL) | 26.0% | 26.5% | 15.4% | 18.0% | 12.6% |
| The Byke Hospitality ($THEBYKE) | 33.3% | 15.7% | 5.8% | 4.9% | 7.9% |
| |
|---|
| Median (12 companies) | 26.0% | 17.7% | 10.5% | 6.2% | 6.0% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| The Byke Hospitality ($THEBYKE) | 5.3% | 14.5% | 22.6% | 24.1% | 32.0% |
| Advani Hotels & Resorts (India) ($ADVANIHOTR) | - | - | - | 15.9% | 19.6% |
| Mahindra Holidays & Resorts India ($MHRIL) | 13.4% | 22.2% | 16.3% | 6.3% | 10.0% |
| Eih ($EIHOTEL) | 5.5% | 4.5% | 5.8% | 6.3% | 6.6% |
| Country Club (India) ($COUNCLB) | 8.8% | 8.9% | 5.4% | 5.3% | 4.8% |
| |
|---|
| Median (27 companies) | 5.9% | 5.0% | 2.8% | 3.2% | 3.1% |
|---|
| Blue Coast Hotels ($BLUECOAST) | 4.4% | 4.7% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Hotel Leelaventure ($HOTELEELA) | 62.5x | 40.2x | 33.5x | 46.7x | 27.7x |
| Asian Hotels (North) ($ASIANHOTNR) | 28.4x | 11.0x | 15.4x | 24.8x | 15.9x |
| Oriental Hotels ($ORIENTHOT) | 4.3x | 4.6x | 6.0x | 5.5x | 6.5x |
| Tgb Banquets And Hotels ($TGBHOTELS) | 3.7x | 3.0x | 2.7x | 4.0x | 3.7x |
| Country Club (India) ($COUNCLB) | 2.0x | 1.8x | 3.2x | 3.5x | 3.6x |
| |
|---|
| Median (19 companies) | 1.8x | 2.0x | 1.0x | 0.5x | 0.3x |
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