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Benares Hotels

  • Market Cap: Small Cap
  • Industry: Hotel, Resort & Restaurants
  • ISIN: INE664D01019
  • NSEID:
  • BSEID: 509438
INR
10,850.05
193.95 (1.82%)
BSENSE

Apr 11, 12:48 PM

BSE+NSE Vol: 354

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: Benares Hotels will declare its result soon on 28 Apr 2025
stock-summaryPrice Point
High/Low

1Day

10,750.0511,250.00

52 Week

7,400.0012,499.95
Valuation
Technical
Day's Volume

CASH

354 (-34.78%) Volume

Shareholding (Dec 2024)

FII

0.01%

Held by 1 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

62.58%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Company has a low Debt to Equity ratio (avg) at 0 times

 
2

Poor long term growth as Net Sales has grown by an annual rate of 12.96% over the last 5 years

 
3

The company has declared Positive results for the last 13 consecutive quarters

4

Stock is technically in a Mildly Bullish range

5

With ROE of 27, it has a Very Expensive valuation with a 9.7 Price to Book Value

6

Rising Promoter Confidence

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Hotel, Resort & Restaurants

stock-summary
Market cap

INR 1,413 Cr (Small Cap)

stock-summary
P/E

36.00

stock-summary
Industry P/E

56

stock-summary
Dividend Yield

0.23%

stock-summary
Debt Equity

-0.42

stock-summary
Return on Equity

27.05%

stock-summary
Price to Book

9.66

Revenue and Profits (1 Year):
Net Sales:
39 Cr
(Quarterly Results - Dec 2024)
Net Profit:
14 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.23%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
21.47%
0%
21.47%
1 Year
25.34%
0.27%
25.61%
2 Years
229.31%
1.22%
230.53%
3 Years
364.66%
2.79%
367.45%
4 Years
734.62%
4.49%
739.11%
5 Years
733.82%
5.43%
739.25%

Latest dividend: 25 per share ex-dividend date: Aug-22-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
12.96%
EBIT Growth (5y)
25.73%
EBIT to Interest (avg)
23.25
Debt to EBITDA (avg)
1.25
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.70
Tax Ratio
25.37%
Dividend Payout Ratio
9.02%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
25.22%
ROE (avg)
14.71%
Valuation key factors
Factor
Value
P/E Ratio
36
Industry P/E
56
Price to Book Value
9.66
EV to EBIT
27.90
EV to EBITDA
24.79
EV to Capital Employed
16.00
EV to Sales
10.87
PEG Ratio
1.61
Dividend Yield
0.23%
ROCE (Latest)
53.92%
ROE (Latest)
27.05%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.01%)

Promoter with highest holding

The Indian Hotels Company Limited (49.53%)

Highest Public shareholder

Aditya Deorah (2.78%)

Individual Investors Holdings

30.6%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 15.65% vs 18.93% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 20.00% vs 36.31% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "38.87",
          "val2": "33.61",
          "chgp": "15.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "18.69",
          "val2": "15.85",
          "chgp": "17.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.10",
          "val2": "0.09",
          "chgp": "11.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "13.56",
          "val2": "11.30",
          "chgp": "20.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "48.08%",
          "val2": "47.16%",
          "chgp": "0.92%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -7.57% vs 36.73% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 3.73% vs 74.97% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "47.48",
          "val2": "51.37",
          "chgp": "-7.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "18.91",
          "val2": "19.42",
          "chgp": "-2.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.19",
          "val2": "0.19",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "13.63",
          "val2": "13.14",
          "chgp": "3.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "39.83%",
          "val2": "37.80%",
          "chgp": "2.03%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1.61% vs 29.09% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 11.25% vs 54.68% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "86.35",
          "val2": "84.98",
          "chgp": "1.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "37.60",
          "val2": "35.27",
          "chgp": "6.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.29",
          "val2": "0.28",
          "chgp": "3.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "27.19",
          "val2": "24.44",
          "chgp": "11.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "43.54%",
          "val2": "41.50%",
          "chgp": "2.04%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 29.18% vs 87.26% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 54.15% vs 313.81% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "120.56",
          "val2": "93.33",
          "chgp": "29.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "51.12",
          "val2": "36.16",
          "chgp": "41.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.38",
          "val2": "0.37",
          "chgp": "2.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "36.04",
          "val2": "23.38",
          "chgp": "54.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "42.40%",
          "val2": "38.74%",
          "chgp": "3.66%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
38.87
33.61
15.65%
Operating Profit (PBDIT) excl Other Income
18.69
15.85
17.92%
Interest
0.10
0.09
11.11%
Exceptional Items
0.00
0.00
Standalone Net Profit
13.56
11.30
20.00%
Operating Profit Margin (Excl OI)
48.08%
47.16%
0.92%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 15.65% vs 18.93% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 20.00% vs 36.31% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
47.48
51.37
-7.57%
Operating Profit (PBDIT) excl Other Income
18.91
19.42
-2.63%
Interest
0.19
0.19
Exceptional Items
0.00
0.00
Standalone Net Profit
13.63
13.14
3.73%
Operating Profit Margin (Excl OI)
39.83%
37.80%
2.03%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -7.57% vs 36.73% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 3.73% vs 74.97% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
86.35
84.98
1.61%
Operating Profit (PBDIT) excl Other Income
37.60
35.27
6.61%
Interest
0.29
0.28
3.57%
Exceptional Items
0.00
0.00
Standalone Net Profit
27.19
24.44
11.25%
Operating Profit Margin (Excl OI)
43.54%
41.50%
2.04%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 1.61% vs 29.09% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 11.25% vs 54.68% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
120.56
93.33
29.18%
Operating Profit (PBDIT) excl Other Income
51.12
36.16
41.37%
Interest
0.38
0.37
2.70%
Exceptional Items
0.00
0.00
Standalone Net Profit
36.04
23.38
54.15%
Operating Profit Margin (Excl OI)
42.40%
38.74%
3.66%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 29.18% vs 87.26% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 54.15% vs 313.81% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Benares Hotels Ltd stock-summary
stock-summary
Benares Hotels Ltd
Small Cap
Hotel, Resort & Restaurants
Incorporated in 1971 and promoted by Vibhuti Narayan Singh, Benares Hotels Limited (BHL) is in the hotel business in Varanasi, Uttar Pradesh. The Company operates its hotels, viz. Taj Ganges and Taj Nadesar Palace in Varanasi and The Ginger Hotel Balaghat Road, Gondia (Earlier, The Gateway Hotel Balaghat Road, Gondia) in Maharashtra. In Mar.'94, it undertook a project, financed by term loans, to provide the hotel with a restaurant and bar.
Company Coordinates stock-summary
Company Details
Nadesar Palace Compound , Varanasi Uttar Pradesh : 221002
stock-summary
Tel: 91-0542-6660001
stock-summary
http://www.benareshotelslimited.com
stock-summary
investorrelatios@tajhotels.com
Registrar Details
The Indian Hotels Company Limited, Mandlik House,, Mandlik Road, Mumbai
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