Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
PHOENIXTN.BOthis companyHBG Hotels Ltd	₹77.76	53.37×	0.4×	4.66×	68.23×	-578.2%	49.7%	16.5%	8.7%	0.7%	0.5%	-41.4%	0.97×	47.5×	3.4×	2.83×	0.2%	2	—	2	C
ADVANIHOTR.NSAdvani Hotels & Resorts (India) Limited	₹45.32	18.26×	0.85×	4.08×	12.05×	92.0%	57.0%	27.3%	22.4%	4.6%	4.2%	5.1%	0.01×	-0.49×	421.55×	3.27×	4.0%	4	—	2	B-
BRIGHOTEL.NSBrigade Hotel Ventures Limited	₹53.39	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
BYKE.NSThe Byke Hospitality Limited	₹29.94	21.16×	0.61×	1.33×	5.11×	160.3%	41.4%	16.2%	6.3%	2.9%	5.0%	3.9%	0.45×	2.11×	1.45×	2.52×	0.0%	7	1.47	1	C-
ITDC.NSIndia Tourism Development Corporation Limited	₹630.85	38.55×	7.54×	5.98×	25.84×	-51.0%	46.9%	15.8%	15.5%	19.6%	14.6%	2.3%	0×	-0.45×	47.95×	1.93×	0.8%	4	—	2	C
PGCRL.BOPearl Green Clubs and Resorts	₹105.00	44.14×	1.41×	6.02×	33.45×	-301.4%	6.4%	4.8%	13.6%	3.2%	0.9%	0.1%	0×	-0.52×	714.25×	5.47×	0.0%	6	11.21	2	C+
Peer median	—	29.86×	1.13×	5.03×	18.95×	20.5%	44.2%	16.0%	14.6%	3.9%	4.6%	3.1%	0×	-0.47×	234.75×	2.9×	0.4%	5	6.34	2	—