Best Eastern Hotels Ltd
₹ 19.0
-0.42%
26 Apr
- close price
About
Incorporated in 1943, The Best Eastern Hotels Limited is primarily engaged in the business of hospitality. The company owns, manages and operates a resort by the name of Usha Ascot.
Key Points
- Market Cap ₹ 32.0 Cr.
- Current Price ₹ 19.0
- High / Low ₹ 50.0 / 14.5
- Stock P/E 54.3
- Book Value ₹ 1.65
- Dividend Yield 0.00 %
- ROCE 14.3 %
- ROE 23.3 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 11.5 times its book value
- The company has delivered a poor sales growth of 4.75% over past five years.
- Company has a low return on equity of -2.52% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Hotels & Restaurants Industry: Hotels
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.24 | 4.50 | 4.64 | 4.85 | 5.09 | 4.77 | 4.79 | 5.18 | 4.30 | 2.34 | 4.15 | 6.04 | 5.95 | |
| 3.12 | 3.30 | 3.50 | 3.52 | 3.74 | 3.69 | 3.69 | 3.95 | 3.85 | 2.14 | 3.68 | 4.77 | 4.81 | |
| Operating Profit | 1.12 | 1.20 | 1.14 | 1.33 | 1.35 | 1.08 | 1.10 | 1.23 | 0.45 | 0.20 | 0.47 | 1.27 | 1.14 |
| OPM % | 26.42% | 26.67% | 24.57% | 27.42% | 26.52% | 22.64% | 22.96% | 23.75% | 10.47% | 8.55% | 11.33% | 21.03% | 19.16% |
| 0.17 | 0.12 | 0.16 | 0.03 | 0.06 | 0.16 | 0.05 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.05 | |
| Interest | 0.13 | 0.14 | 0.19 | 0.23 | 0.32 | 0.31 | 0.26 | 0.17 | 0.15 | 0.17 | 0.14 | 0.07 | 0.11 |
| Depreciation | 0.43 | 0.45 | 0.49 | 0.62 | 0.72 | 0.71 | 0.69 | 0.69 | 0.70 | 0.65 | 0.64 | 0.61 | 0.58 |
| Profit before tax | 0.73 | 0.73 | 0.62 | 0.51 | 0.37 | 0.22 | 0.20 | 0.39 | -0.40 | -0.62 | -0.30 | 0.60 | 0.50 |
| Tax % | 31.51% | 27.40% | 35.48% | 25.49% | 29.73% | 36.36% | -30.00% | 28.21% | 12.50% | 8.06% | 30.00% | 1.67% | |
| 0.50 | 0.53 | 0.39 | 0.38 | 0.26 | 0.15 | 0.25 | 0.28 | -0.35 | -0.57 | -0.21 | 0.58 | 0.59 | |
| EPS in Rs | 0.30 | 0.31 | 0.23 | 0.23 | 0.15 | 0.09 | 0.15 | 0.17 | -0.21 | -0.34 | -0.12 | 0.34 | 0.35 |
| Dividend Payout % | 50.70% | 47.83% | 43.33% | 44.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 5% |
| 3 Years: | 12% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 18% |
| 3 Years: | 54% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -3% |
| 3 Years: | 0% |
| 1 Year: | -59% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -2% |
| 3 Years: | -3% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 |
| Reserves | 1.30 | 1.37 | 1.40 | 1.28 | 1.53 | 1.68 | 1.94 | 1.87 | 1.52 | 0.95 | 0.73 | 0.87 | 1.09 |
| Preference Capital | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 0.00 | 1.20 | 0.00 | 1.20 | 1.20 | 1.20 | 1.20 | |
| 1.67 | 1.92 | 1.90 | 2.93 | 3.11 | 3.75 | 2.15 | 2.64 | 1.29 | 1.33 | 0.92 | 1.09 | 2.66 | |
| 2.92 | 2.95 | 3.14 | 3.29 | 2.89 | 1.57 | 2.46 | 1.23 | 2.24 | 2.11 | 2.20 | 2.61 | 0.95 | |
| Total Liabilities | 7.58 | 7.93 | 8.13 | 9.19 | 9.22 | 8.69 | 8.24 | 7.43 | 6.74 | 6.08 | 5.54 | 6.26 | 6.39 |
| 6.63 | 7.10 | 6.91 | 7.96 | 8.43 | 7.78 | 7.35 | 6.86 | 6.30 | 5.69 | 5.15 | 5.32 | 5.65 | |
| CWIP | 0.04 | 0.00 | 0.49 | 0.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.91 | 0.83 | 0.73 | 0.92 | 0.79 | 0.91 | 0.89 | 0.57 | 0.44 | 0.39 | 0.39 | 0.70 | 0.74 | |
| Total Assets | 7.58 | 7.93 | 8.13 | 9.19 | 9.22 | 8.69 | 8.24 | 7.43 | 6.74 | 6.08 | 5.54 | 6.26 | 6.39 |
Cash Flows
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.84 | 1.06 | 1.34 | 1.25 | 2.05 | 0.13 | 1.00 | 1.13 | 0.60 | 0.25 | 0.62 | 0.87 | |
| -0.50 | -0.83 | -0.79 | -1.63 | -0.87 | -0.04 | -0.26 | -0.19 | -0.14 | -0.04 | -0.09 | -1.00 | |
| -0.36 | -0.19 | -0.59 | 0.50 | -1.23 | -0.07 | -0.66 | -1.06 | -0.47 | -0.20 | -0.54 | 0.10 | |
| Net Cash Flow | -0.02 | 0.04 | -0.04 | 0.12 | -0.06 | 0.02 | 0.08 | -0.13 | -0.02 | 0.01 | -0.01 | -0.03 |
Ratios
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21.52 | 12.17 | 6.29 | 6.02 | 2.87 | 9.95 | 12.95 | 1.41 | 0.85 | 1.56 | 1.76 | 0.00 |
| Inventory Days | 36.50 | 53.68 | 51.53 | 70.00 | 53.68 | 67.38 | 75.52 | 83.25 | 89.53 | 68.44 | 48.21 | 76.04 |
| Days Payable | 79.08 | 69.78 | 55.82 | 115.00 | 123.46 | 89.85 | 88.10 | 32.02 | 103.30 | 68.44 | 55.09 | 30.42 |
| Cash Conversion Cycle | -21.06 | -3.94 | 2.00 | -38.98 | -66.91 | -12.51 | 0.37 | 52.64 | -12.92 | 1.56 | -5.13 | 45.62 |
| Working Capital Days | -9.47 | -22.71 | -40.12 | -48.16 | -22.23 | -15.30 | -9.91 | -25.37 | -28.86 | -49.91 | -43.10 | -38.68 |
| ROCE % | 15.03% | 13.95% | 13.10% | 11.14% | 9.30% | 6.96% | 6.52% | 8.50% | -4.20% | -8.28% | -3.30% | 14.27% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of SEBI (LODR), Regulations, 2015 For The Year Ended 31St March 2024 19 Apr
- Certificate Under Regulation 7(3) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 For The Half Year Ended 31St March 2024 17 Apr
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Reason For Delay In Submission Of Outcome Of AGM
11 Apr - Letter to extend our sincere apologies for the inadvertent delay in submitting the proceedings of our 80th Annual General Meeting (AGM) held on 18th August,2023. …
- Closure of Trading Window 1 Apr
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Company has published its finacial results for the third quarter and nine months ended 31st December 2023 in today''s editition of Financial Express (in English) …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Services Offered:[1]
At Matheran, the company's Usha Ascot is the only air-conditioned resort in its vicinity. The resort has services like:
a) Accommodation:[2]
The company provides different kinds of accommodations in the resort such as Luxury Villa, Ascot Suite, Executive Deluxe, Deluxe Rooms, etc.
b) Facilities:[3]
The resort provides a Pure Veg restaurant by the name of The Ascot Eatery.
A Bar by the name of The Ascot High Spirit.
A Health Club having a Steam room, a Sauna room, two hot water Jacuzzi, and Massage facility.
A theme discotheque by the name of The Rainforest.
Indoor/Outdoor recreation facilities like, Table Tennis, Carom Boards, Pool Table, Chess etc. Children Play Park, Badminton court, Swimming Pool, etc.
Conference Facilities like Mel Milap Hall and The Brain Stormer