Erstwhile Goa resort owner (Park Hyatt Goa) that lost its sole property to a court-ordered auction in 2018 and is now repositioning as an asset-light hotel operations & management services provider.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 13 | 15 | 17 | 17 |
| Reserves | -107 | -121 | -124 | -132 | -139 | -39 | -38 | -39 |
| Borrowings | 115 | 119 | 123 | 127 | 130 | 27 | 18 | 18 |
| Other Liabilities | 6 | 6 | 6 | 5 | 5 | 5 | 11 | 10 |
| Total Liabilities | 26 | 17 | 17 | 13 | 9 | 8 | 7 | 7 |
| AssetsFixed Assets | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 3 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 |
| Other Assets | 23 | 14 | 14 | 10 | 6 | 3 | 2 | 2 |
| Total Assets | 26 | 17 | 17 | 13 | 9 | 8 | 7 | 7 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -487 | -24 | 1 | -0 | 0 | 1 | -1 | 4 |
| Cash from Investing | 632 | 28 | -0 | -0 | -0 | -1 | -1 | 0 |
| Cash from Financing | -154 | -4 | -0 | -0 | -0 | -0 | 2 | -4 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 213 | -22 | 1 | -0 | 0 | 1 | -1 | 4 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
BLUECOAST · CYCLICAL_UNMODELABLE
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