Benares Hotels Ltd
₹ 9,699
-0.19%
25 Jul
- close price
- Market Cap ₹ 1,261 Cr.
- Current Price ₹ 9,699
- High / Low ₹ 12,500 / 7,400
- Stock P/E 28.4
- Book Value ₹ 1,329
- Dividend Yield 0.26 %
- ROCE 37.3 %
- ROE 28.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 31.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.7%
Cons
- Stock is trading at 7.30 times its book value
* 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
Consumer Discretionary Consumer Services Leisure Services Hotels & Resorts
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 47 | 50 | 50 | 47 | 60 | 64 | 24 | 50 | 93 | 121 | 135 | 137 | |
28 | 31 | 35 | 36 | 36 | 42 | 43 | 24 | 35 | 57 | 69 | 76 | 77 | |
Operating Profit | 15 | 16 | 15 | 14 | 11 | 17 | 21 | 0 | 15 | 36 | 51 | 59 | 61 |
OPM % | 34% | 34% | 30% | 28% | 24% | 29% | 33% | 2% | 29% | 39% | 43% | 44% | 44% |
1 | 1 | 1 | 2 | 1 | 1 | -0 | 1 | 0 | 1 | 3 | 5 | 6 | |
Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 2 | 3 | 3 | 5 | 4 | 5 | 6 | 7 | 6 | 6 | 6 | 6 | 6 |
Profit before tax | 14 | 14 | 13 | 11 | 8 | 12 | 14 | -7 | 8 | 31 | 48 | 58 | 60 |
Tax % | 35% | 35% | 36% | 37% | 17% | 28% | 21% | -25% | 27% | 25% | 25% | 26% | |
9 | 9 | 8 | 7 | 6 | 9 | 11 | -5 | 6 | 23 | 36 | 43 | 44 | |
EPS in Rs | 69.08 | 71.00 | 65.23 | 52.46 | 49.85 | 67.08 | 81.62 | -40.23 | 43.46 | 179.85 | 277.23 | 332.69 | 341.46 |
Dividend Payout % | 29% | 28% | 31% | 29% | 30% | 22% | 9% | 0% | 23% | 11% | 9% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 16% |
3 Years: | 40% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 32% |
3 Years: | 97% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 52% |
3 Years: | 65% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 20% |
3 Years: | 29% |
Last Year: | 28% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Reserves | 42 | 48 | 56 | 60 | 64 | 70 | 77 | 71 | 77 | 98 | 132 | 171 |
0 | 0 | 0 | 0 | 5 | 5 | 9 | 9 | 4 | 4 | 4 | 4 | |
12 | 14 | 14 | 18 | 19 | 20 | 18 | 10 | 14 | 17 | 19 | 19 | |
Total Liabilities | 55 | 63 | 71 | 79 | 89 | 97 | 105 | 91 | 95 | 120 | 156 | 195 |
26 | 44 | 43 | 41 | 54 | 81 | 91 | 84 | 78 | 73 | 71 | 70 | |
CWIP | 11 | 1 | 3 | 4 | 15 | 1 | 0 | 0 | 0 | 1 | 5 | 19 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
19 | 19 | 25 | 34 | 20 | 14 | 14 | 7 | 17 | 47 | 79 | 106 | |
Total Assets | 55 | 63 | 71 | 79 | 89 | 97 | 105 | 91 | 95 | 120 | 156 | 195 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 13 | 10 | 11 | 9 | 16 | 17 | 2 | 16 | 28 | 41 | 42 | |
-17 | -7 | -6 | -12 | -8 | -16 | -13 | -1 | -11 | -17 | -25 | -43 | |
-3 | -3 | -3 | -3 | 3 | -3 | -3 | -2 | -6 | -2 | -3 | -4 | |
Net Cash Flow | -10 | 4 | 0 | -4 | 3 | -4 | 1 | -1 | -0 | 9 | 12 | -5 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 19 | 27 | 31 | 31 | 27 | 25 | 12 | 10 | 17 | 15 | 11 |
Inventory Days | 80 | 85 | 85 | 85 | 92 | 79 | 62 | 109 | ||||
Days Payable | 237 | 299 | 285 | 367 | 446 | 429 | 333 | 235 | ||||
Cash Conversion Cycle | -136 | -195 | -173 | -251 | -323 | -323 | -246 | -114 | 10 | 17 | 15 | 11 |
Working Capital Days | 53 | 9 | 29 | 55 | -38 | -34 | -17 | -29 | -28 | -9 | -8 | -0 |
ROCE % | 34% | 31% | 25% | 18% | 12% | 17% | 18% | -7% | 10% | 34% | 41% | 37% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Jul - Notice of the 54th AGM, remote e-voting as published in Financial Express (English) and Hindustan (Hindi) newspapers on July 18, 2025.
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Letters To The Shareholders Whose E-Mail Addresses Are Not Registered With Company/RTA/Dps.
17 Jul - Notice of 54th AGM on Aug 12, 2025; Annual Report FY25 available online; shareholder email/KYC update reminder.
- Reg. 34 (1) Annual Report. 17 Jul
-
Notice Of The 54Th Annual General Meeting (AGM) Of The Company As Required Under Regulation 30 Of SEBI (LODR) Regulations, 2015 (SEBI Listing Regulations).
17 Jul - Notice of 54th AGM on Aug 12, 2025; dividend declaration; director reappointment; secretarial auditor appointment.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Jul - Copies of financial results for the quarter ended June 30, 2025 as published in newspapers.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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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Business Overview:[1][2]
a) BHL is a subsidiary of The Indian Hotels Company Limited, a company promoted by Tata Son Private Limited
b) Company operates its hotels,
viz. Taj Ganges and Nadesar Palace
in Varanasi and Ginger Hotel, Gondia
in Maharashtra.
c) Ginger Hotel at Gondia has ~34
rooms, while Taj Ganges and Nadesar
Palace at Varanasi has 144 rooms and
suits.