Key Metrics of Juniper Hotels Limited
About Juniper Hotels Limited
Sectors
Company details
- Registered office
- Off Western Expresshighway Santacruz (east), Mumbai, In-mh, 400055
- Listed
- NSE: JUNIPER · ₹196.12
Operational Areas of Juniper Hotels Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 23 Jul 2024 | CARE | Other | — | — | — | — | View |
| 27 Jun 2023 | CARE | Non-cooperating | BB- | A4 | Stable | ₹385 Cr | View |
| 05 Apr 2022 | CARE | Non-cooperating | BB | A4 | Stable | ₹771 Cr | View |
| 27 Apr 2021 | CARE | Non-cooperating | BB | — | Stable | ₹385 Cr | View |
| 19 Mar 2021 | CARE | Revised (from BB+) | BB | A4 | Stable | ₹409 Cr | View |
| 23 Dec 2019 | CARE | Revised (from BB) | BB+ | A4+ | Stable | ₹818 Cr | View |
| 27 Nov 2018 | CARE | Revised (from BB) | BB | A4 | Stable | ₹427 Cr | View |
| 03 Jul 2018 | CARE | Non-cooperating | BB | A4 | — | ₹73.6 Cr | View |
Credit strengths (CARE, Jun 2023)
+ Hyatt Andaz Delhi The hotel, having 400 rooms became operational in mid
December 2016. However, the 120 apartments became operational only in January 2018.
+ Rating YYYY) Outlook CARE BB-; Fund-based
Stable; ISSUER - - - 15.00 LT-Cash Credit NOT COOPERATING* CARE BB-; Fund-based - Stable; ISSUER - - 2029 329.38 LT-Term Loan NOT COOPERATING* Fund-based - CARE A4; ST-Bank - - - 35.00 ISSUER NOT Overdraft COOPERATING* Non-fund- CARE A4; based - ST- - - - 6.00 ISSUER NOT BG/LC COOPERATING* *Issuer did not cooperate; based on best available information.
+ Name of the Instrument Complexity Level 1 Fund-based
LT-Cash Credit Simple 2 Fund-based - LT-Term Loan Simple 3 Fund-based - ST-Bank Overdraft Simple 4 Non-fund-based - ST-BG/LC Simple Annexure-5: Lender details To view the lender wise details of bank facilities please click here Note on the complexity levels of the rated instruments: CARE Ratings has classified instruments rated by it on the basis of complexity.
Credit challenges
− Impact of COVID-19 on hotels’ performance during FY21
Hotels and tourism industries were amongst one of the first sectors to be affected due to the global outbreak of Covid -19.
− Though the peak season for both business and leisure destinations is the same (January
March), during the remaining year both demonstrate different behaviours.
− Leisure destinations on the other hand register lower occupancy rates during May
October period, while the occupancy rates improve in December on account of holiday se ason.
− Hyatt Andaz Delhi The hotel, having 400 rooms became operational in mid
December 2016. However, the 120 apartments became operational only in January 2018.
Could lead to an upgrade
Turnaround in profitability with positive PAT on sustainable basis. Sustainable improvement in ARR and occupancy to pre -COVID levels.
Could lead to a downgrade
Unsuccessful refinancing/roll over of unsecured term loan from JP Morgan Chase Bank. Dishonouring of SBLC leading to recognition of default for JHPL. Deterioration in occupancy rates and average room rate below
Agency-reported financials (CARE, 23 Jul 2024)
| Metric | March 31, 2023 | March 31, 2024 |
|---|---|---|
| Total operating income | ₹667 Cr | ₹818 Cr |
| PBILDT | ₹272 Cr | ₹311 Cr |
| PAT | ₹-1.50 Cr | ₹23.80 Cr |
| Overall gearing (times) | 6.91× | 0.52× |
| Interest coverage (times) | 1.02× | 1.17× |
| Revenue growth (YoY) | — | 22.6% |
| EBITDA margin | 40.8% | 38.0% |
| Implied interest cost (EBITDA ÷ coverage) | ₹267 Cr | ₹266 Cr |
| PAT margin | −0.2% | 2.9% |
Borrowings & rated debt
Rated limits over time
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| crore) continues to remain under ISSUER NOT ISSUER Long Term Bank Facilities CARE | Working capital & bank lines | — | ₹344 Cr | — | BB- (Stable) | Revised | CARE |
| NOT BB Short Term Bank ISSUER NOT continues to remain under ISSUER NOT Facilities | Working capital & bank lines | — | ₹41.0 Cr | — | A4 | Non-cooperating | CARE |
CARE ratings on record (checked 23 Oct 2026)
| Instrument | Amount | Rating |
|---|---|---|
| Bank Overdraft | — | Withdrawn |
| BG/LC | — | Withdrawn |
| Cash Credit | — | Withdrawn |
| Non Convertible Debentures | — | Withdrawn |
| Term Loan | — | Withdrawn |
Credit assessment · Hotels
Rating Methodology – Hotel Industry (Feb 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 40% |
| Information on file | 67% · missing: Capex / investment plans, Auditor details, Recent rating review (last 15 months) |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 40% chance the next rating action is stable or better
- Interest coverage 1.17×
Rated limits by facility
Timeline
From the report
JHPL had bullet repayment of unsecured loan availed from JP Morgan Chase Bank, Mumbai and JP Morgan Securities India Pvt.
From the report
JHPL had bullet repayment of unsecured loan availed from JP Morgan Chase Bank, Mumbai and JP Morgan Securities India Pvt.
From the report
Long term debt before lease l iabilities to Tangible net worth ratio remained flat at 2.11x as on March 31, 2020 (PY: 2.12x) as the company continues to incur losses at PAT level and deterioration in net worth despite repayment of term loan of Rs.46 crore in FY20.
From the report
JHPL had bullet re payment of unsecured loan availed from JP Morgan Chase Bank, Mumbai and JP Morgan Securities India Pvt.
From the report
Liquidity Analysis: Stretched JHPL has cash and bank balance of Rs.14 crore and below unity current ratio as on March 31, 2021.
From the report
Company’s average working capital utilization stood at 85% for 12-month period ending in March, 2021.
From the report
For FY22, JHPL has total repayment obligations of Rs. 22.68 crore of term loan repayments.
From the report
Long term debt before lease liabilities to Tangible net worth ratio remained flat at 2.11x as on March 31, 2020 (PY: 2.12x) as the company continue s to incur losses at PAT level and deterioration in net worth despi te repayment of term loan of Rs.46 crore in FY20.
From the report
JHPL had bullet repayment of unsecured loan availed from JP Morgan Chase Bank, Mumbai and JP Morgan Securities India Pvt.
From the report
Liquidity: Stretched JHPL’s liquidity profile remains stretched with cash & bank balances of Rs.11.30 crore as on March 31, 2019.
From the report
The company has a repayment of Rs.46.37 Crore in FY20 and Rs.1235.48 crore in FY21 against cash accruals of Rs.96 crore and Rs. 142 crore respectively.
From the report
Issuer (enhanced from Rs.70.61 crore) (Double B;
From the report
Issuer (enhanced from Rs.3 crore) (A Four) Not Cooperating (A Four;
From the report
Stretched liquidity profile TBHL’s short term credit profile appears stretched with no major liquid funds on the balance sheet except cash & bank balances and FDs of Rs.15.77 crore as on March 31, 2018.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Juniper Hotels Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Indian Hotels Company (Taj) |
Hotels & Resorts · Restaurants, Hotels & Travel | ihcltata.com | — | India |
 ITC Hotels |
Hotels & Resorts · Restaurants, Hotels & Travel | itchotels.com | 1975 | Kolkata, India |
| Hotels & Resorts · Restaurants, Hotels & Travel | oberoihotels.com | — | India | |
| Chalet Hotels Limited | · Trading | — | — | Mumbai, Maharashtra, India |
 Leela Palaces Hotels & Resorts Limited |
Hotels & Resorts · Trading | theleela.com | — | New Delhi, Delhi, India |
 Lemon Tree Hotels Limited |
Hotels & Resorts · Restaurants, Hotels & Travel | lemontreehotels.com | 2002 | Gurgaon, Haryana, India |
| Samhi Hotels Limited | · Trading | — | — | Delhi, India |
| Apeejay Surrendra Park Hotels Limited | · Community, personal and Social Services | — | — | Kolkata, West Bengal, India |
| Taj GVK Hotels And Resorts Limited | · Electricity, Gas and Water companies | — | — | Hyderabad, Telangana, India |
| Hotels & Resorts · Restaurants, Hotels & Travel | royalorchidhotels.com | — | Bangalore, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.