Aruna Hotels Ltd
ARUN

Aruna Hotels Ltd (ARUNASUGAR)

₹14.92.68%

Key Stats

₹14.25
Day's Price Range
₹15.9
₹8
52-Week Price Range
₹18.19
1 Month Return21.52 %
3 Month Return30.25 %
1 Year Return-10.16 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 459
EPS
Rank 464
BVPS
Rank 529
Dividend Yield
Rank 186
ROE
Rank 592
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

Aruna Hotels Ltdformerly Aruna Sugars Enterprises Ltd promoted by Dr.Maruthai Pillai in September 1960 had diversified presence in Sugar Hotels and Chemicals. The company has undertaken restructuring exercise and divested Sugar unit flour mill and Alum unitChemicals unit thus leaving the company with only Hotel business.The company has set up a discotheque and bar which has become very popular.To increase the efficiency of the hotel division it has set up a discotheque bar which has become very popular. It has proposed to set up the additional facilities like health club specialty restaurnt and business centre. To improve the efficiency and quality in the chemical plant the company has taken up revamping of plants in phases.The company as a restructuring excercise divested in the sugar mill crushing capacity : 5000 tcd of cane which was one of the largest in Tamilnadu. The mixedfuel cogeneration plant using a combination of bagasse and lignite was set up at a cost of Rs 50 cr. The 16x2MW project was completed in two stages and became operational in Sep.96 for which lignite was purchased from Neyveli Lignite Corporation. The companys 60klpd distillery suffered a cost overrun of Rs 1.50 cr over the projected cost of Rs 16.5 cr on account of changes in the design of the effluenttreatment plant. Against the installed annual capacity of 12500 kl of alcohol production was only 4206 kl in 199495. Following recurring losses the flour mill was sold in Apr.95 for Rs 75 lac. Its international division has temporarily suspended operations due to the recession in the overseas leather market.The company has hived off its Alum Unit at Ranipet which is manufacturing Ferric and NonFerric Alum to a wholy owned subsidiary.The company has hived off the Hotel Undertaking of the company during January 2005 to Aruna Hotels Pvt Ltd which is a subsidiary of the company.
OrganisationAruna Hotels Ltd
HeadquartersChennai
IndustryHotels & Restaurants