May 23, 2022 01:04 PM
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HLV Ltd is in the Hotels & Restaurants sector and is having a market capitalization worth Rs. 501.29 crores. It is incorporated in the year 1981. It has reported standalone sales of Rs. 7.34 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500193, and also listed on the National Stock Exchange (NSE) with the code HLV.
HLV Ltd formerly known as Hotel Leela Ventures used to be one of the most prominent and leading hotel & restaurant chains in the country. However, to pay off its debts, the company had to sell off the majority of its hotels in FY 19-20. Currently, HLV has only one hotel under its ownership & management, i.e., The Leela Mumbai. It also has an international sales & marketing alliance with the Preferred Hotels & Resorts group, to push its products to global procurement heads in multinational corporations/ travel companies. The promoters of the company own 47.27% of the stake in the company, Foreign Institutional Investors (FII) do not own any stake in the company, Domestic Institutional Investors (DII) own 38.61%, and others (such as public & retail investors) hold the balance of 14.12%.
In June 2021, quarterly net revenue was amounting to Rs. 7.34 crores, which has increased by approximately 389.33 % from Rs. 1.5 crores for the April-June 2020 quarter. The quarterly net loss in June 2021 was Rs. 13.19 crores, which has fallen further and decreased by nearly 19.04% from a net loss of Rs. 11.08 crores in June 2020. In June 2021, the reported operating loss was at Rs. 3.66 crores, which has also fallen by 26.64% as compared to an operating loss of Rs. 2.89 crores for the quarter ending in June 2020. From a negative EPS of Rs. 0.18 in June 2020, the EPS of HLV Ltd has worsened and reached a negative EPS of Rs. 0.21 per share in June 2021. HLV's stock closed at Rs. 7.95 on 27th August’2021 (NSE). HLV Ltd has returned 40.71% in the last six months and returned 50.0% positively in the previous year.
The Leela, Sahar, Mumbai, Maharashtra, 400059
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|AGM Date (Month)||:||Aug|
|Face Value Equity Shares||:||2|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Aug|