Asian Hotels East has come out with excellent Q3 ( 2017 ) Results. EPS for 9 months is Rs.9/04p compared to Rs. 6/02p for the same period last year.
http://www.moneycontrol.com/stocks/reports/asian-hotel-e-standalone-financial-results-limited-review-report-for-decemb
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Official Site :-
http://www.ahleast.com/
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After the original Asian Hotels Limited demerged in to 3 entities , in 2010 , in to Asian Hotels North, Asian Hotels West , Asian Hotels East , it appears , Asian Hotels East ( of Saraf Group of Hotels ) , now has the strongest Balance Sheet in terms of Book Value , Debt Equity Ratio , Assets etc etc
Managing Debt is a very important criterion in Hotel Industry.
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Asian Hotels North
http://www.moneycontrol.com/financials/asianhotelsnorth/balance-sheetVI/AH#AH
Asian Hotels West
http://www.moneycontrol.com/financials/asianhotelswest/balance-sheetVI/AHW#AHW
Asian Hotels East
http://www.moneycontrol.com/financials/asianhotelseast/balance-sheetVI/AHE01#AHE01
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Asian Hotels East owns the prestigious Room Hyatt Regency Kolkata and through its subsidiary Hyatt Regency Chennai.
Asian Hotels East directly or through subsidiaries has a Hotel Project in Odhisha ( where it owns some land ), A Hotel project in Delhi and in Mumbai.
Asian Hotels being part of the ( Radhey Sham) Saraf Group of Hotels is expanding vigorously and would be a leading chain of Luxury Hotels in India.
http://www.sarafhotels.com/about.html
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Annual Report 2015-16
http://www.ahleast.com/reports/Full%20Annual%20Report%20of%20AH(E)L%20-%202015-16.pdf
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Asian Hotels East is Listed in NSE / BSE Daily Trading is available . Volumes are Low and this can imply that there are very few shares with Non Promoters.
At Current Market Price of Rs. 210 , the Market Capitalisation is only 225 cr , Book Value Rs.500 +
For Peer Comparison please consider that Mac Charles India owning La Merdian Bangalore and some properties in Bangalore and else where changed hands @Rs. 800 cr +
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It appears ( PLEASE RECHECK THIS ) Asian Hotels East ( Restructuring Scheme of Arrangement- Board Meeting on 10/02/2017 on may lead to Value Unlocking )
http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=6011081
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Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study
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General Warning : Investment in Shares Can be Injurious to Your WEALTH
Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer

