Apollo Sindoori Hotels Limited (APOLSINHOT.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-5.0%

₹1,095.29

vs ₹1,153.00 price

Levered DCF

₹359.06

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	23.59×	40.55×	41.77×	16.17×	14.37×	15.43×	6.66×	11.19×
P/B	1.58×	2.15×	3.42×	2.28×	2.08×	1.68×	1.28×	3.41×
P/S	0.39×	0.58×	0.89×	0.75×	1.02×	0.87×	0.53×	1.39×
EV / EBITDA	8.47×	10.16×	14.7×	9.51×	14.38×	17.37×	4.73×	8.52×
Gross margin	11.1%	12.1%	13.4%	13.6%	12.7%	11.0%	11.7%	14.6%
Operating margin	2.6%	1.7%	3.5%	4.0%	3.5%	0.6%	10.3%	6.5%
Net margin	1.7%	1.4%	2.1%	4.6%	7.1%	5.7%	7.9%	12.4%
Current ratio	1.52×	1.76×	1.62×	1.94×	1.92×	1.8×	1.8×	2.14×
Debt / equity	0.58×	0.55×	0.65×	1.06×	0.22×	0.28×	0.33×	0×
Interest coverage	2.1×	1.23×	2.3×	2.44×	2.8×	0.44×	12.23×	50.1×
Dividend yield	0.2%	0.2%	0.1%	0.2%	0.2%	0.4%	0.8%	0.3%
Payout ratio	5.0%	8.4%	3.5%	3.0%	2.2%	5.4%	5.1%	3.2%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.7%	5.3%	8.2%	14.1%	14.5%	10.9%	19.3%	30.5%
Return on invested capital	4.0%	2.4%	4.3%	3.7%	4.6%	0.7%	14.3%	12.4%
Return on assets	2.7%	2.4%	3.5%	5.0%	8.9%	6.3%	10.4%	20.2%
Free cash flow yield	-1.7%	2.8%	1.1%	-6.5%	6.8%	9.2%	11.0%	8.3%
Earnings yield	4.2%	2.5%	2.4%	6.2%	7.0%	6.5%	15.0%	8.9%
Enterprise value	₹3.1B	₹2.9B	₹5.1B	₹3.3B	₹2.1B	₹1.5B	₹1.1B	₹2.1B
Net debt / EBITDA	1.69×	-0.64×	1.37×	1.64×	-0.16×	0.27×	0.29×	-0.6×
Cash conversion cycle (days)	41	48	54	55	43	-35	52	42