AHLWEST share price, P/E, ROE & financials

As of 6 Nov 2026, Asian Hotels (West) trades at 8.2× trailing earnings, below the industry P/E of 28.0×, and the shares are 33% below their 52-week high. Its ROCE of 31% is the highest among the 7 largest Lodging peers, and sales and net profit grew 7.9% and 26% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹839 Cr. It is a small-cap company with a market cap of ₹584 Cr, ranked 23rd of 54 Lodging companies by market cap; the shares rose 261% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹520.00
Day high: ₹520.00
Day low: ₹501.30
Prev. close: ₹520.00
Volume: 2

Health check

1 good · 1 fair · 3 to check

ReturnsAhead
+260.7% over a year, better than 7 of 7 peers.
Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
GrowthSteady
Sales +7.9%, profit +26.0% a year over 3 years.
ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
Balance sheetStretched
Negative net worth: liabilities exceed assets.
Red flags2 to check
Negative net worth: liabilities exceed assets.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Lodging

53 listed peers. Screen the industry

Small cap

₹584 Cr, #23 of 54 in its industry by size.

Defensive

Beta 0.52 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹444 Cr · profit ₹71 Cr

Market cap: ₹584 Cr; Small cap
P/E: 8.2; Industry 28.0
Price to book: −43.47; Peers 4.46
Dividend yield: 0.00%
ROE: n/a; Peers 16.5%
ROCE: 31.0%; Peers 16.2%
Debt to equity: n/a; Debt ₹839 Cr
EPS (TTM): ₹61.09; Face value ₹10
OPM (TTM): 40.5%; Net margin 16.0%
Sales growth: +9.4%; Latest quarter vs a year ago
Profit growth: +76.8%; Latest quarter vs a year ago
Price to sales: 1.32; EV/EBITDA 6.6

Strengths

Return on capital employed of 31.0%.
Quarterly profit up 76.8% on a year ago.
P/E of 8.2 against an industry P/E of 28.0.
Positive operating cash flow in each of the last 4 years.

Risks to check

Negative net worth: liabilities exceed assets.
33% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Asian Hotels (West)

Asian Hotels (West) Limited, together with its subsidiaries, engages in the hotel business in India. The company owns and operates the Hotel Hyatt Regency in Mumbai; and the JW Marriott Hotel, a five-star deluxe hotel in New Delhi. It also develops, designs, finances, constructs, operates, and maintains hotel properties. The company was formerly known as Chillwinds Hotels Limited and changed its name to Asian Hotels (West) Limited in February 2010. Asian…

Headquarters: New Delhi
Sector: Consumer Cyclical
ISIN: INE915K01010
Website: asianhotelswest.com

Price range

52 weeks

₹137.00₹751.40

Today

₹501.30₹520.00

Avg volume (3M): 524
1-year return: plus 260.7%
From 52-week high: minus 33.3%

Peers · Lodging

Compare with peers Screen the whole industry

Company
INDHOTELIndian Hotels Co.	888.00	plus 1.49%	1,26,401	57.2	9.27	17.4%	16.5%	32.9%	18.6%	27.6%	0.37%	plus 17.7%
THELEELALeela Palaces Hotels & Resorts	692.30	plus 0.37%	23,120	37.2	3.53	8.3%	7.2%	48.9%	21.1%	–	0.00%	plus 56.7%
EIHOTELEIH	313.05	plus 1.72%	19,577	27.5	3.72	16.2%	12.7%	34.1%	13.3%	25.9%	0.48%	minus 22.9%
CHALETChalet Hotels	810.70	minus 1.52%	17,754	30.1	4.46	16.6%	19.1%	44.1%	34.9%	52.1%	0.25%	minus 14.4%
VENTIVEVentive Hospitality	540.55	plus 1.53%	12,624	28.0	2.23	9.7%	8.3%	43.2%	13.0%	–	0.00%	minus 27.8%
LEMONTREELemon Tree Hotels	117.39	minus 0.12%	9,295	36.1	6.16	13.5%	17.8%	47.5%	16.3%	25.6%	0.00%	minus 30.0%
ITDCIndia Tourism Development Corporation	630.65	minus 0.30%	5,409	65.6	12.80	26.6%	21.1%	17.0%	4.6%	14.5%	0.47%	plus 3.2%
AHLWESTAsian Hotels (West)	501.30	minus 3.60%	584	8.2	−43.47	31.0%	–	44.5%	7.9%	26.0%	0.00%	plus 260.7%
Median of 7 peers	–	0.37%	17,754	36.1	4.46	16.2%	16.5%	43.2%	16.3%	25.9%	0.25%	−14.4%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
89.3	114	111	122	97.7
55.3	58.6	62.1	85	58.3
33.9	55.2	48.7	36.5	39.4
38.0%	48.5%	44.0%	30.1%	40.3%
2.4	2.3	1.7	20.8	2.7
14.1	13.4	12.2	13.9	10.9
11	12	9.5	10.2	10.7
–	–	–	−20.8	–
11.3	32.2	28.6	12.5	20.5
28.4%	24.1%	24.4%	13.1%	30.3%
8.1	24.4	21.7	10.8	14.3
6.94	20.95	18.58	9.30	12.26

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +7.9%
Profit CAGR 3Y: +26.0%
EPS CAGR 3Y: +26.1%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
319	400	411	400
–	+25.3%	+2.7%	minus 2.5%
169	272	240	203
150	128	170	197
47.1%	32.0%	41.5%	49.2%
1.6	50.3	10	5.3
83.2	147	68.1	53.6
38.5	38	40.8	42.7
−2.4	–	−26.8	−21.6
27.7	−6.6	44.6	84.5
−17.1%	183.2%	10.7%	23.1%
32.4	5.5	39.8	65
–	minus 83.0%	+622.8%	+63.3%
27.84	4.73	34.16	55.77

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
11.7	11.7	11.7	11.7
−135	−129	−89.7	−25.1
953	993	915	833
163	131	131	158
993	1,006	968	977
829	797	776	768
1.8	3.4	2.9	0.3
–	–	34	0.1
50.4	57.2	59.1	103
111	149	96.3	106
993	1,006	968	977

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
155	152	138	203
−4.3	−8.7	1.1	−24.3
−117	−124	−151	−121
33.6	18.5	−11.7	57.3
−5.1	−6.8	−20.7	−54
150	145	118	149

Shareholding pattern

Source: NSE filings

72.1%

promoters

Promoters72.12%
Public27.88%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	72.12%	27.88%	0.00
30 Jun 2026	72.12%	27.88%	0.00
31 Mar 2026	72.12%	27.88%	plus 0.05
31 Dec 2025	72.07%	27.93%	plus 0.04
30 Sep 2025	72.03%	27.97%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you