Advani Hotels & Resorts (India) Ltd

Advani Hotels & Resorts (India) Ltd (ADVANIHOTR)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return2.58 %
3 Month Return30.9 %
1 Year Return-1.65 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 299
Rank 293
Rank 437
Dividend Yield
Rank 166
Rank 205
Price To Book Ratio
Rank 289
Debt To Asset
Rank 193

Company Information

Incorporated in Jul.87 Ramada Hotels India now renamed Advani Hotels and Resorts was promoted by S G Advani and H G Advani both with considerable background in management and the hotel industry. The company is into the hotel business and related activities and has a technical and financial collaboration with Ramada UK.The company came out with a public issue in Sep.89 for its maiden venture Ramada Resort a fivestar luxury resort comprising 140 rooms including 6 villas in a terracedgarden pattern at Colva beach Goa.By virtue of the franchise agreement with Ramada UK the collaborators provide substantial assistance in marketing and defining strategies for advertising and promotion. The company is also linked to Ramadas computerised reservation system worldwide. During 199596 a complex consisting of the flight kitchen restuarant and bar was inaugurated next to the airport in Goa. It commenced commercial operation in Apr.96.The companys project at Jaipur has not yet been cleared by the government and the Goa Fort continues to be a complicated legal affair with our company obtaining a stay against retendering of the same.During the year 19992000 the company has a formed a joint venture company i.e. Advani Plasure Cruise Co. Pvt. Ltd. in collaboration with CIA Casinoinvest International International GMBH Austria to carry on the business of casino on board a pleasure cruise in and around Goa. The company is proposed to invest Rs.500 lakhs in the joint venture.The Pleasure Cruise Shipwith Indias only full fledged Casino on Boardstarted operations on 17.02.2001.
OrganisationAdvani Hotels & Resorts (India) Ltd
IndustryHotels & Restaurants