Juniper Hotels Reports Strong Profit Growth Amid Debt Service Concerns

Juniper Hotels, a midcap player in the Hotel, Resort & Restaurants industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical trend, moving from a sideways position to a mildly bullish stance. The company has demonstrated notable financial metrics, including a significant annual growth rate in net sales of 56.10% and an impressive operating profit increase of 185.63%.
In the latest quarter, Juniper Hotels reported a profit after tax of Rs 4.67 crore, marking a substantial growth of 138.56%. Additionally, the operating profit to interest ratio reached its highest level at 3.07 times, indicating a strong operational performance relative to its interest obligations.

Despite these positive indicators, the company's ability to service its debt remains a concern, highlighted by a low EBIT to interest ratio of 1.12. Furthermore, the stock has faced challenges over the past year, underperforming the broader market with a return of -31.29%, while institutional investors have slightly reduced their stake in the company.

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