Benares Hotels Ltd - Stock Valuation and Financial Performance

BSE: 509438 | NSE: | Hotel, Resort & Restaurants | Small Cap

Benares Hotels Share Price

8,640 -97.30 -1.11%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Benares Hotels

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Benares Hotels stock performance -

mw4me loader
P/E Ratio (SA):
35.24
Market Cap:
1,129.2 Cr.
52-wk low:
3,100.3
52-wk high:
10,051

Is Benares Hotels Ltd an attractive stock to invest in?

1. Is Benares Hotels Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Benares Hotels Ltd is a average quality company.

2. Is Benares Hotels Ltd undervalued or overvalued?

The key valuation ratios of Benares Hotels Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Benares Hotels Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Benares Hotels Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Benares Hotels:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Benares Hotels Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 22.4%20%15.8%11.2%9.9%12.3%14.5%-5.6%7.9%26.6%-
Value Creation
Index
0.60.40.1-0.2-0.3-0.10.0-1.4-0.40.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 43.247.250.249.647.459.763.624.249.893.3112
Sales YoY Gr.-9.2%6.4%-1.3%-4.3%25.8%6.6%-61.9%105.6%87.3%-
Adj EPS 69.37165.151.149.465.583.4-40.243.5179.9246.5
YoY Gr.-2.5%-8.4%-21.4%-3.4%32.6%27.3%-148.2%NA313.8%-
BVPS (₹) 331.6378.5443.4470.5502.4551.6602.4555.7598.8767.5935.6
Adj Net
Profit
99.28.56.76.48.510.9-5.25.723.432
Cash Flow from Ops. 9.813.59.710.98.715.716.82.116.227.8-
Debt/CF from Ops. 00000.60.30.32.700-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.9%14.5%13.6%87.3%
Adj EPS 11.2%29.5%29.2%313.8%
BVPS9.8%8.9%8.4%28.2%
Share Price 30.8% 40.7% 90.7% 171.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
22.42015.811.210.212.414.5-77.526.329
Op. Profit
Mgn %
34.233.629.427.423.829.333.11.629.138.841.4
Net Profit
Mgn %
20.919.616.913.413.514.317.1-21.611.325.128.5
Debt to
Equity
00000.10.10.10.100-
Working Cap
Days
93112971311387665127565282
Cash Conv.
Cycle
-25-20-16-11-27-33-30-2-13-1962

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 28.90%

Sales growth is growing at healthy rate in last 3 years 13.61%

Net Profit is growing at healthy rate in last 3 years 29.18%

Sales growth is good in last 4 quarters at 41.00%

No data to display

Latest Financials - Benares Hotels Ltd.

Standalone Consolidated
TTM EPS (₹) 246.5 -
TTM Sales (₹ Cr.) 112 -
BVPS (₹.) 935.6 -
Reserves (₹ Cr.) 120 -
P/BV 9.28 -
PE 35.24 -
From the Market
52 Week Low / High (₹) 3100.25 / 10051.00
All Time Low / High (₹) 20.50 / 10051.00
Market Cap (₹ Cr.) 1,129
Equity (₹ Cr.) 1.3
Face Value (₹) 10
Industry PE 59.7

Management X-Ray of Benares Hotels:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Benares Hotels

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales43475050476064245093
Operating Expenses 28313536364243243557
Manufacturing Costs1212141411141271118
Material Costs5555566348
Employee Cost 67991011118912
Other Costs 677811121361019
Operating Profit 1516151411172101536
Operating Profit Margin (%) 34.1%33.6%29.3%27.4%23.8%29.2%32.6%1.6%29.1%38.7%
Other Income 1112110102
Interest 0000011110
Depreciation 2335456766
Exceptional Items 0000000000
Profit Before Tax 1414131181213-7831
Tax 5554133-228
Profit After Tax 99876911-5623
PAT Margin (%) 20.8%19.6%16.8%13.4%13.7%14.6%16.7%-21.6%11.3%25.1%
Adjusted EPS (₹)69.171.064.951.249.967.181.6-40.243.5179.9
Dividend Payout Ratio (%)29%28%31%29%30%22%9%0%23%11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 434958616572787278100
Share Capital 1111111111
Reserves 42485660647077717798
Minority Interest0000000000
Debt0000556600
Long Term Debt0000000000
Short Term Debt0000556600
Trade Payables3445676235
Others Liabilities 9101013131315111415
Total Liabilities 5563717989971059195120

Fixed Assets

Gross Block426246486394110110110111
Accumulated Depreciation16193791319263238
Net Fixed Assets26444341548191847873
CWIP 111341510001
Investments 0000000000
Inventories1111111111
Trade Receivables2244444114
Cash Equivalents 2611126322730
Others Assets1399169564811
Total Assets 5563717989971059195120

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 101310119161721628
PBT 1414131181213-7831
Adjustment 1223468875
Changes in Working Capital -02-2-1-01-1-02-1
Tax Paid -5-4-3-3-3-3-31-1-8
Cash Flow From Investing Activity -17-7-6-12-8-16-13-1-11-17
Capex -7-11-4-3-28-16-15-10-2
Net Investments 0000000000
Others -104-2-920011-10-16
Cash Flow From Financing Activity -3-3-3-33-3-3-2-6-2
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 00000-1-1-1-10
Dividend Paid -3-3-3-3-2-2-2-10-1
Others 00005000-60
Net Cash Flow -1040-43-41-109
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)22.3719.9915.7911.210.2512.7314.15-6.957.5326.33
ROCE (%)34.2730.8924.5517.7912.1317.618.16-7.3910.7435.64
Asset Turnover Ratio0.830.80.750.660.570.640.630.250.540.87
PAT to CFO Conversion(x)1.111.441.251.571.51.781.55N/A2.671.22
Working Capital Days
Receivable Days2019222932262538811
Inventory Days89899871464
Payable Days284263290329405403370492195182

Benares Hotels Ltd Stock News

Benares Hotels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Benares Hotels on 28-Mar-2024 16:01 is ₹8,640.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Benares Hotels stood at ₹1,129.2.
The latest P/E ratio of Benares Hotels as of 28-Mar-2024 16:01 is 35.24.
The latest P/B ratio of Benares Hotels as of 28-Mar-2024 16:01 is 9.28.
The 52-week high of Benares Hotels is ₹10,051 and the 52-week low is ₹3,100.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Benares Hotels is ₹112.5 ( Cr.) .

About Benares Hotels Ltd

Benares Hotels was incorporated in the year 1971. It is promoted by Taj Investment and Finance Company, All India Kashiraj Trust, M K Krishna Priya, The Indian Hotels Company, Piem Hotels, Anant Narain Singh, M K Vishnupriya and M K Hari Priya.

The registered office of the company is situated at Nadesar Palace Compound, Varanasi, Uttar Pradesh- 221002.

Business area of the company

The company is engaged in hotel operations, including catering services. It operates the Varuna Restaurant.

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