Is Benares Hotels overvalued or undervalued?

As of November 20, 2023, Benares Hotels is considered very expensive with a PE ratio of 29.99 and other high valuation metrics, indicating it may be overvalued despite a strong year-to-date return of 23.53%.

As of 20 November 2023, Benares Hotels has moved from an expensive to a very expensive valuation grade. The company is currently overvalued, with a PE ratio of 29.99, a Price to Book Value of 7.51, and an EV to EBITDA of 20.42. These ratios indicate that the stock is trading at a premium compared to its earnings and assets.<BR><BR>In comparison to its peers, Benares Hotels' PE ratio is significantly lower than that of Indian Hotels Co, which has a PE of 66.81, and ITC Hotels at 65.26, both of which are also classified as very expensive. However, its EV to EBITDA ratio is more favorable than EIH's 22.27. Despite recent stock performance showing a 23.53% return year-to-date compared to the Sensex's 5.63%, the high valuation metrics suggest that Benares Hotels may not sustain its current price levels in the long term.

Who are the top shareholders of the Benares Hotels?

The top shareholders of Benares Hotels include The Indian Hotels Company Limited with 49.53%, individual investors at 30.55% (led by Aditya Deorah at 2.79%), and a foreign institutional investor with 0.01%. There are no pledged promoter holdings or mutual fund investments in the company.

The top shareholders of Benares Hotels include The Indian Hotels Company Limited, which holds a significant 49.53% of the shares. Individual investors collectively own 30.55%, with Aditya Deorah being the highest public shareholder at 2.79%. Additionally, there is one foreign institutional investor (FII) that holds a very small percentage of 0.01%. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

When is the next results date for Benares Hotels?

No Upcoming Board Meetings

What does Benares Hotels do?

Benares Hotels Ltd operates in the hotel industry, primarily in Varanasi, Uttar Pradesh, and reported net sales of 49 Cr and net profit of 16 Cr for Q1 2025. The company has a market cap of Rs 1,296 Cr and key financial metrics include a P/E of 30.00 and a return on equity of 25.03%.

Overview: <BR>Benares Hotels Ltd operates in the hotel business within the Hotels & Resorts industry and is categorized as a Small Cap company.<BR><BR>History: <BR>Incorporated in 1971 and promoted by Vibhuti Narayan Singh, Benares Hotels Ltd has been involved in the hotel sector in Varanasi, Uttar Pradesh. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 49 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 16 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 1,296 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 30.00 <BR>Industry P/E: 56 <BR>Dividend Yield: 0.25% <BR>Debt-Equity: -0.50 <BR>Return on Equity: 25.03% <BR>Price to Book: 7.39 <BR><BR>Contact Details: <BR>Address: Nadesar Palace Compound, Varanasi Uttar Pradesh: 221002 <BR>Tel: 91-0542-6660001 <BR>Email: investorrelatios@tajhotels.com <BR>Website: http://www.benareshotelslimited.com

Who are in the management team of Benares Hotels?

As of March 2023, the management team of Benares Hotels includes Chairman Anantnarain Singh, Independent Directors Rukmani Devi, Moiz Miyajiwala, and Puneet Raman, along with Directors Rohit Khosla and Beejal Akshaykumar Desai, and Company Secretary Vanika Mahajan. The team features a mix of executive and independent directors, ensuring effective governance.

As of March 2023, the management team of Benares Hotels includes the following members:<BR><BR>1. Anantnarain Singh - Chairman (Non-Executive), with a remuneration of Rs. 8.55 lacs.<BR>2. Rukmani Devi - Independent Director, with a remuneration of Rs. 11.18 lacs.<BR>3. Rohit Khosla - Director, with no remuneration.<BR>4. Vanika Mahajan - Company Secretary & Compliance Officer, with no remuneration.<BR>5. Moiz Miyajiwala - Independent Director, with a remuneration of Rs. 12.15 lacs.<BR>6. Puneet Raman - Independent Director, with a remuneration of Rs. 4.08 lacs.<BR>7. Beejal Akshaykumar Desai - Director, with no remuneration.<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and oversight of the company.

Has Benares Hotels declared dividend?

Benares Hotels Ltd has declared a 250% dividend, amounting to ₹25 per share, with an ex-date of August 22, 2024. The dividend yield is 0.25%, and the company has shown strong total returns across various periods, particularly in price appreciation.

Benares Hotels Ltd has declared a 250% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 250%<BR>- Amount per share: 25<BR>- Ex-date: 22 Aug 24<BR><BR>Dividend Yield: 0.25%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 21.67%, with a dividend return of 0%, resulting in a total return of 21.67%.<BR><BR>Over the past year, the price return was 13.46%, the dividend return was 0.28%, leading to a total return of 13.74%.<BR><BR>In the 2-year period, the price return reached 148.64%, with a dividend return of 1.03%, culminating in a total return of 149.67%.<BR><BR>For the 3-year period, the price return was an impressive 415.62%, while the dividend return stood at 3.21%, resulting in a total return of 418.83%.<BR><BR>Over the last 4 years, the price return was 606.85%, with a dividend return of 3.56%, leading to a total return of 610.41%.<BR><BR>In the 5-year period, the price return was 644.96%, and the dividend return was 4.98%, giving a total return of 649.94%.<BR><BR>Overall, Benares Hotels has declared a significant dividend while also demonstrating strong total returns across various periods, particularly in terms of price appreciation. The dividend yield, although modest, reflects a consistent return to shareholders.

Who are the peers of the Benares Hotels?

Benares Hotels' peers include Indian Hotels Co, ITC Hotels, EIH, Chalet Hotels, and others. In terms of management risk, Benares Hotels is rated average, with a 1-year return of 16.35%, lower than Indian Hotels Co's 35.09% and higher than HLV's -46.61%.

Peers: The peers of Benares Hotels are Indian Hotels Co, ITC Hotels, EIH, Chalet Hotels, Ventive Hospital, Royal Orch.Hotel, HLV, Mac Charles(I), and Viceroy Hotels.<BR><BR>Quality Snapshot: Excellent management risk is observed at EIH, while Average management risk is found at Indian Hotels Co, Benares Hotels, and Royal Orch.Hotel, and the rest. Below Average management risk is noted for Chalet Hotels, Ventive Hospital, HLV, and Mac Charles(I). Growth is rated as Excellent for Ventive Hospital, Good for Indian Hotels Co and EIH, Average for Benares Hotels and Royal Orch.Hotel, and Below Average for Chalet Hotels, HLV, and Mac Charles(I). Capital Structure is Excellent for Benares Hotels, Good for EIH, Below Average for Chalet Hotels, Royal Orch.Hotel, HLV, and Mac Charles(I), and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Indian Hotels Co at 35.09%, while the lowest is HLV at -46.61%. Benares Hotels has a 1-year return of 16.35%, which is higher than HLV but lower than Indian Hotels Co. Additionally, HLV and Viceroy Hotels have negative six-month returns.

Should I buy, sell or hold Benares Hotels?

How big is Benares Hotels?

As of 24th July, Benares Hotels Ltd has a market capitalization of 1,268.00 Cr, with recent net sales of 137.47 Cr and a net profit of 44.39 Cr. The company has shareholder's funds of 172.72 Cr and total assets of 195.39 Cr as of March 2025.

As of 24th July, Benares Hotels Ltd has a market capitalization of 1,268.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Benares Hotels reported Net Sales of 137.47 Cr and a Net Profit of 44.39 Cr.<BR><BR>For the latest annual period ending in March 2025, the company has Shareholder's Funds amounting to 172.72 Cr and Total Assets of 195.39 Cr.

Is Benares Hotels technically bullish or bearish?

As of September 18, 2025, Benares Hotels is in a mildly bearish trend, with bearish signals from the weekly MACD and daily moving averages, despite bullish Bollinger Bands, indicating caution in the near term.

As of 18 September 2025, the technical trend for Benares Hotels has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD indicating a bearish signal and the daily moving averages also showing a mildly bearish trend. While the Bollinger Bands are bullish on both weekly and monthly time frames, the overall sentiment is tempered by the monthly KST and Dow Theory both being mildly bearish. The RSI shows no signal on both weekly and monthly charts, indicating a lack of momentum. Despite the recent strong returns compared to the Sensex, the technical indicators suggest caution in the near term.

Are Benares Hotels latest results good or bad?

Benares Hotels' latest results are disappointing, with a 15.56% decline in net profit and a 4.44% drop in net sales for Q2 FY26, attributed to seasonal pressures. Despite a strong return on equity and zero debt, the company's performance shows weakening momentum, necessitating close monitoring in future quarters.

Benares Hotels' latest results indicate a challenging performance. In Q2 FY26, the company reported a net profit of ₹6.08 crore, which reflects a decline of 15.56% both quarter-on-quarter and year-on-year. Net sales also fell to ₹23.90 crore, down 4.44% from the previous quarter and 2.33% from the same quarter last year. Additionally, the operating margin decreased to 34.48%, marking a significant drop from previous quarters.<BR><BR>This decline in financial metrics is attributed to seasonal pressures typical of the monsoon period in Varanasi, which historically sees lower tourist activity. While the company maintains a strong return on equity of 25.70% and operates with zero debt, the recent performance shows a trend of weakening momentum, with the stock down 14.19% over the past six months.<BR><BR>Overall, while Benares Hotels has a solid financial foundation, the current results are not favorable, indicating a need for careful monitoring in the upcoming quarters to assess recovery potential.

How has been the historical performance of Benares Hotels?

Benares Hotels has shown significant growth from Mar'21 to Mar'25, with net sales increasing from 24.24 Cr to 135.47 Cr, and profit before tax improving from a loss of 6.97 Cr to a profit of 58.11 Cr. Overall, the company has demonstrated remarkable financial performance with rising revenues, profitability, and asset growth.

Answer:<BR>The historical performance of Benares Hotels shows significant growth in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Benares Hotels has demonstrated a strong upward trend in net sales, increasing from 24.24 Cr in Mar'21 to 135.47 Cr in Mar'25. Total operating income followed a similar trajectory, rising from 49.84 Cr in Mar'22 to 135.47 Cr in Mar'25. The company's operating profit (PBDIT) also saw substantial growth, reaching 64.52 Cr in Mar'25, up from just 0.39 Cr in Mar'21. Profit before tax increased from a loss of 6.97 Cr in Mar'21 to 58.11 Cr in Mar'25, while profit after tax improved from a loss of 5.23 Cr in Mar'21 to 43.25 Cr in Mar'25. The earnings per share (EPS) reflected this positive trend, rising from -40.23 in Mar'21 to 332.69 in Mar'25. On the balance sheet, total assets grew from 90.89 Cr in Mar'21 to 195.39 Cr in Mar'25, with total liabilities also increasing from 90.89 Cr to 195.39 Cr during the same period. Cash flow from operating activities improved significantly, reaching 41 Cr in Mar'25 compared to just 2 Cr in Mar'21. Overall, Benares Hotels has shown remarkable improvement in financial performance, marked by increasing revenues, profitability, and asset growth.

Which are the latest news on Benares Hotels?

Why is Benares Hotels falling/rising?

As of 03-Dec, Benares Hotels Ltd's stock price is slightly rising at 9,305.00, following a trend reversal after two days of decline. However, it remains below its moving averages, indicating a longer-term bearish trend, coupled with decreased investor participation.

As of 03-Dec, Benares Hotels Ltd's stock price is rising slightly, currently at 9,305.00, with a change of 3.2 (0.03%) upward. This increase can be attributed to a trend reversal, as the stock has gained after two consecutive days of decline. Additionally, it has outperformed the sector by 0.91% today, indicating a relative strength compared to its peers.<BR><BR>However, it is important to note that despite the current rise, the stock is trading below its moving averages across various time frames (5 day, 20 day, 50 day, 100 day, and 200 day), which suggests a longer-term bearish trend. Furthermore, there has been a decline in investor participation, with delivery volume falling by 12.28% compared to the 5-day average, indicating reduced trading activity. <BR><BR>Overall, while there is a slight uptick in the stock price today, the broader context shows mixed signals, with both positive short-term performance and negative indicators regarding investor engagement and moving averages.