February 11, 2017

Apollo Sindoori Hotels-Excellent Q3 -2017 Results

for full year's results

http://www.apollosindoori.com/pdf/financial-result-31.03.2017.pdf

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Q3 EPS - Rs.11/53 ( Q3 - 2016 EPS was Minus - Rs.24/57p )

 For first 9 months of 2016-17- EPS is Rs. 36/01p . 

Thus on annualised basis if we take EPS is Rs.48.At CMP of Rs.500 , Apollo Sindoori is giving a P/E of around 10 against the industry average of 40. So Apollo Sindoori set to zoom

For Q3 2017 results, please click :-

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OLD POST

Apollo Sindoori Hotels , established in 1985 ( earlier Om Sindoori Hotels ) is part of the prominent Apollo Hospitals group ( Prathap Reddy ) Group 

Apollo Sindoori is having Hotels in Chennai, Bangalore and Service Apartments in Kolkata and some Restaurants.

Apollo Sindoori provides catering services to prestigious institutions all over India ( 45,000 meals Daily )

Provides Hospitality / Management Consultancy to Apollo / other institutions

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Balance Sheet

As on 31/03/ 2016

Share Capital : Re.1 cr 30 Lakh ( Shares Rs.10 paid up )

Reserves         : Rs.11 cr 86 Lakh

Profit / Loss for the Year Ended 31/03/16

Sales :Rs.131 cr 83 cr

Profit Before Extraordinary item Rs.1 cr 44 lakh

There was a one time Provision of Loss of Rs 4 cr 80 lakh ( due of a Lease dispute )

Net Loss : Rs. 2 cr 42 Lakh 

Dividend : Nil

For Full Annual Report , please click :-


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Om Sindoori was earlier exclusively listed at Madras Stock Exchange which Exchange has closed down

Listed , January 2015, in NSE where it is moderately Liquid. Total trading in hundreds. Daily quotation available

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Apollo Sindoori has a very small Share Capital of Re 1 cr 30 Lakh

For the Q1 and Q2 ( 2016-17 )  done very well with Net Profit of Rs.3 cr 18 lakh ( EPS Rs.24 / 48 p ) for six months ending 30//09/16.

So very exciting 2016-17 prospects and future growth with Apollo Group

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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 

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )

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