Chalet Hotels Ltd. (NSE: CHALET) is a leading hotel and resort company in India, operating a portfolio of properties across the country. Some of its famous hotels are The Leela Palaces, Hotels and Resorts, The Leela Goa, The Leela Ambience Gurugram Hotel & Residences, The Leela Mumbai and so on.
Financial Performance in Q3FY23:
The company has seen an overall increase in sales over the period, with the highest recorded quarter being in December 2022 at 290 crore. However, expenses have also seen an increase over the same period, with the highest recorded quarter being in December 2022 at 176 crore. The company’s operating profit has seen fluctuations over the period, with the highest recorded quarter being in December 2022 at 113 crore, and the lowest recorded quarter being in June 2020 at -6 crore. The operating profit margin (OPM%) also shows fluctuations, with the highest recorded quarter being in December 2022 at 39%, and the lowest recorded quarter being in June 2020 at -11%.
The company’s other income, interest, and depreciation have also seen fluctuations over the period, with the highest recorded quarter for other income being in December 2022 at 93 crore, the highest recorded quarter for interest being in December 2019 at 34 crore, and the highest recorded quarter for depreciation being in December 2022 at 28 crore. As a result of these factors, the company’s profit before tax has seen fluctuations, with the highest recorded quarter being in December 2022 at 141 crore, and the lowest recorded quarter being in June 2020 at -70 crore. The company’s tax percentage has also seen fluctuations over the period, with the highest recorded quarter being in December 2021 at 57%, and the lowest recorded quarter being in March 2020 at -764%.
The company’s net profit has seen fluctuations over the period, with the highest recorded quarter being in December 2022 at 102 crore and the lowest recorded quarter being in June 2020 at -39 crore. The company’s EPS (Earnings Per Share) in Rs also shows fluctuations over the period, with the highest recorded quarter being in December 2022 at 4.99 and the lowest recorded quarter being in June 2020 at -1.92.
Overall, the company has seen fluctuations in its financial performance over the period of December 2019 to December 2022. While the company has seen an overall increase in sales, it has also seen an increase in expenses, leading to fluctuations in operating profit and profit before tax. The company’s other income, interest, and depreciation have also seen fluctuations.