Sinclairs Hotels Limited, formerly known as Sinclairs Hotel and Transportation Ltd, was incorporated in 1971 as a Private Limited Company, promoted by Sinclair Freight and Chartering Consultants (SFCC). The company was converted into a Public Limited Company in November 1981 following the amalgamation of SFCC with SHTL through a Kolkata High Court Order. It was later renamed to Sinclairs Hotels Limited to better reflect its primary hospitality business focus. The Company is engaged in the business of operating star-category hotels. With over five decades of experience in India's hospitality sector, Sinclairs has established itself as a trusted name, offering quality accommodation and services across multiple popular destinations.
Sinclairs Hotels and Resorts operates a chain of 10 properties strategically located across India. These include properties in Udaipur (Rajasthan); Burdwan, Siliguri, Darjeeling, Kalimpong, and Dooars (West Bengal); Gangtok (Sikkim); Ooty (South India); and Port Blair (Andamans). The company's strategic locations span some of India's most sought-after tourist destinations, encompassing hill stations, beach resorts, and cultural heritage sites.
The company reported the opening of a new hotel in Udaipur in May 2024. In August 2024, Sinclairs Hotels expanded its presence into North India, marking a significant milestone in its growth strategy. The company had previously announced plans for expansion in Rajasthan and Himachal Pradesh in February 2024.
As of FY2020, the hotel chain collectively offered 396 rooms, 24 suites, and 2 villas, complemented by several restaurants and banquet facilities. The properties feature diverse amenities, including a unique Ayurvedic Rejuvenation Centre that provides specialized Ayurvedic therapies.
Sinclairs Hotels Limited operates within India's growing domestic tourism market, which has demonstrated resilience and significant growth potential, particularly in the post-pandemic recovery phase. While the company's revenue has grown at a yearly rate of 5.61% over the last 5 years, slightly outpacing the industry average of 5.52%, its market share has seen a marginal decline from 0.3% to 0.28% during the same period. This shift is attributed to increased competition within the hospitality sector. The company's focus on unique destinations, heritage properties, and specialized services like Ayurvedic treatments positions it well within the boutique hospitality segment, catering to travelers seeking authentic and differentiated experiences across India's diverse tourism landscape.
Net profit for the quarter ended December 2024 declined by 79.52% to ₹1.12 crore, compared to ₹5.47 crore in the corresponding quarter of the previous year (December 2023). Sales saw a modest increase of 2.56% to ₹14.43 crore in the quarter ended December 2024, up from ₹14.07 crore in the previous year.
For the full fiscal year 2024-25, Sinclairs Hotels Ltd reported a net profit of ₹3.78 crore as of March 2025 (Q4 FY25), a decrease of 28.95% compared to the previous year. Revenue for Q4 FY25 stood at ₹14.37 crore. However, on a quarterly growth basis, the company demonstrated a significant 237.5% jump in net profits compared to the preceding quarter.
- Market Capitalization: ₹419.45 Cr (as of 1st April 2025)
- P/E Ratio: 20.42
- P/B Ratio: 3.91
- 52-week Range: ₹145 (high) and ₹72.86 (low)
- Dividend Yield: 1.22%
As of December 2024, the company's promoters hold a significant 62.66% stake, with no shares pledged, indicating strong financial stability at the promoter level. Navin Suchanti serves as the chairman of the company. Sinclairs Hotels maintains a robust corporate governance structure, reinforcing trust and transparency for its stakeholders.
The company proposed a 40% dividend for FY25. In the quarter ending March 2024, Sinclairs Hotels Ltd declared a dividend of ₹1 per share, translating to a dividend yield of 2.70%. This reflects the company's commitment to rewarding shareholders while strategically balancing growth investments.
Sinclairs Hotels has been actively pursuing expansion strategies, venturing beyond its traditional markets in Eastern and Southern India. Plans for expansion in Rajasthan and Himachal Pradesh underscore the company's vision to diversify geographically and tap into new tourism circuits.
In December 2023, Sinclairs Hotels declared a 1:1 bonus share issue, demonstrating the company's commitment to enhancing shareholder value and reflecting management's confidence in the company's future prospects and cash flow generation capabilities.
Sinclairs Hotels Ltd (SINCLAIR) operates within the Consumer Discretionary sector, specifically in the Hotels, Resorts & Cruise Lines sub-sector. The company's strategic focus on unique destinations, heritage properties, and specialized services like Ayurvedic treatments positions it advantageously in the boutique hospitality segment. This allows it to cater effectively to travelers seeking authentic and differentiated experiences across India's diverse tourism landscape.
