Royal Orchid Hotels Limited (ROHLTD.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

+1057.4%

₹3,187.98

vs ₹275.45 price

Levered DCF

₹1,530.87

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 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	23.11×	23.96×	21.46×	15.9×	11.35×	-5.31×	22.93×	27.34×
P/B	2.88×	4.9×	5.45×	4.32×	2.66×	1.23×	0.66×	1.84×
P/S	1.94×	3.54×	3.54×	2.84×	2.41×	2.13×	0.55×	1.6×
EV / EBITDA	15.22×	13.71×	12.78×	8.82×	7×	-30.69×	5.39×	10.5×
Gross margin	48.9%	40.3%	65.3%	68.6%	63.7%	53.5%	62.8%	89.1%
Operating margin	13.7%	16.7%	19.3%	24.1%	3.1%	-36.5%	11.3%	11.4%
Net margin	8.4%	14.8%	16.5%	17.8%	21.2%	-40.2%	2.4%	5.9%
Current ratio	1.22×	1.24×	1.31×	1.67×	1.25×	1.27×	0.78×	0.83×
Debt / equity	2.48×	0.96×	1.05×	0.91×	1.19×	1.16×	0.89×	0.57×
Interest coverage	1.36×	3.21×	3.1×	3.96×	0.26×	-1.81×	1.45×	1.67×
Dividend yield	0.9%	0.6%	0.5%	0.0%	0.0%	1.2%	4.9%	1.7%
Payout ratio	21.3%	14.5%	11.3%	0.0%	0.0%	-6.2%	111.7%	47.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.5%	20.5%	25.4%	27.2%	23.5%	-23.1%	2.9%	6.7%
Return on invested capital	4.4%	8.4%	11.5%	13.2%	1.3%	-7.6%	3.0%	4.3%
Return on assets	3.1%	8.8%	10.3%	11.1%	8.1%	-7.8%	1.1%	3.0%
Free cash flow yield	6.8%	0.1%	4.6%	6.0%	6.1%	2.4%	21.5%	11.2%
Earnings yield	4.3%	4.2%	4.7%	6.3%	8.8%	-18.8%	4.4%	3.7%
Enterprise value	₹13.4B	₹13.3B	₹12.2B	₹8.6B	₹4.6B	₹3.2B	₹2.5B	₹3.9B
Net debt / EBITDA	6.8×	2.01×	1.85×	1.2×	1.96×	-14.1×	2.93×	1.8×
Cash conversion cycle (days)	-33	-15	-56	-421	-189	-72	-101	-501