Gujarat Hotels Ltd.

Financial

	Gujarat Hotels	Saj Hotels	Royale Manor Hotels
Operational Metrics
Financials
5 yr Average ROE	9.63 %	0.88 %	4.71 %
5yr average Equity Multiplier	1.07	1.27	1.27
5yr Average Asset Turnover Ratio	0.07	0.17	0.28
5yr Avg Net Profit Margin	144.9 %	11.74 %	11.98 %
Price to Book	2.37	0.0	1.7
P/E	21.79	30.81	35.33
5yr Avg Cash Conversion Cycle	145.99 Days	-143.87 Days	-187.14 Days
Inventory Days	0.0	4.15 Days	50.83 Days
Days Receivable	145.99 Days	2.04 Days	27.59 Days
Days Payable	58.02 Days	148.48 Days	366.71 Days
5yr Average Interest Coverage Ratio	0.0	19.18	4.33
5yr Avg ROCE	11.33 %	2.77 %	6.98 %
5yr Avg Operating Profit Margin	83.33 %	31.37 %	17.51 %
5 yr average Debt to Equity	0.0	0.17	0.19
5yr CAGR Net Profit	1.88 %	n/a	11.13 %
5yr Average Return on Assets	9.02 %	1.19 %	3.76 %
Shareholdings
Promoter Holding	53.7 %	62.09 %	53.49 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.01 %	5.07 %
Change in Mutual Fund Holding (3 Yrs)	0.0	0.0	0.0