Scripscan:Kamat Hotels India Ltd
cmp:36
Traded in:Nse-bse
Story:The Orchid - is the flagship hotel for Kamat Hotels ( India ) Ltd. The company is seeing average occupancy level of over 65%-80 for some time now. Also average room rates are seeing an uptick of over 10-15% at Rs. 4500 / room. Apart from that; Kamat is also managing some hotels like Rhodes, Uppal and Doodies at various locations. This is asset light strategy which the company intends to follow that can add to bottomlines. The company is located next to Mumbai airport.The company's 5-star segment rooms fetch 50% operating margins.Valuations are much less than peer group. The stock has seen re-rating due to turnaround and lower valuations and has priced in positivespartially.However, bullish macro conditions indicate good meridum term business visibility.The Travel and Tourism industry is expected to witness approximate 10% annual growth in tourism demand, 8% growth in tourism related GDP, 11% annual growth in overseas visitors, 7.5% increase per annum in capital investment in tourism and 5.5% annual growth in government expenditure on tourism. With the economy slwoly on an upswing, hotel and travel tourism segments are doing well and India is now being looked at as a market with tremendous growth potential. With the continuing economic reforms, growing economy and major restructuring of the Company's business the future outlook of the Company looks promising.Considering all these the stock holds lot of potential and can be bought at present levels.
Search This Blog(Over 800 companies covered in the blog).
Archives : Old artciles
Tuesday, May 19, 2009
Important Disclaimer&Privacy policy
This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
