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    532699   INE283H01019

ROYAL ORCHID HOTELS LIMITED

(532699)
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Royal Orchid Hotels Limited Opens New Hotels

09/15/2021 | 01:09am EST

Royal Orchid Hotels Limited announced that it is opening of 5 new hotels opened in various destination across India. i.e., two hotels in Amritsar, one in Sampbalpur and one in Somnath and one leisure property in Kabini, Karnataka. The brand announced the opening of 5 new properties; two hotels under the brand Regenta Inn, one under the brand Regenta Central, one under the brand Regenta place and one under the brand Regenta Resort. These hotels were opened in various destination across India. Two hotels in Amritsar, one in Sampbalpur and one in Somnath. The group also opened one leisure property in Kabini, Karnataka. The new hotels launched in Amritsar, Somnath and Sambalpur will help fortify the group's position as one of the leaders in the corporate business market. These hotels are located in close proximity to the city's corporate houses, central business district and other transport hubs which is predicted to feed a strong demand pipeline originating from industrial organizations and IT companies.


ę S&P Capital IQ 2021
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Financials
Sales 2021 809 M 10,8 M 10,8 M
Net income 2021 -325 M -4,36 M -4,36 M
Net Debt 2021 1 190 M 16,0 M 16,0 M
P/E ratio 2021 -5,31x
Yield 2021 -
Capitalization 2 471 M 33,2 M 33,1 M
EV / Sales 2020 1,10x
EV / Sales 2021 3,60x
Nbr of Employees 839
Free-Float 30,7%
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Managers and Directors
Chander Kamal Baljee Chairman & Managing Director
Amit Jaiswal Chief Financial Officer
Vijay Choudhary Assistant Vice President-Information Technology
Prashant Mehrotra Chief Operating Officer
Ranabir Sanyal Secretary & Compliance Officer
Sector and Competitors