Benares Hotels Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 7, 2025, 3:03 am

Market Cap	1,297 Cr.
Current Price	9,974
High / Low	12,500/7,400
Stock P/E	30.0
Book Value	1,329
Dividend Yield	0.25 %
ROCE	37.3 %
ROE	28.3 %
Face Value	10.0
PEG Ratio	0.13

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Benares Hotels Ltd

Competitors of Benares Hotels Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Howard Hotels Ltd	22.3 Cr.	24.5	33.5/20.7	51.8	12.6	0.00 %	6.34 %	3.82 %	10.0
HS India Ltd	23.0 Cr.	14.2	19.8/11.2	16.3	19.6	0.00 %	7.04 %	4.51 %	10.0
Gujarat Hotels Ltd	108 Cr.	284	375/194	20.3	128	0.88 %	15.0 %	11.4 %	10.0
Graviss Hospitality Ltd	296 Cr.	42.0	78.0/35.1	31.6	27.3	0.00 %	1.49 %	5.00 %	2.00
Goel Food Products Ltd	31.4 Cr.	16.7	78.0/13.2	6.21	11.9	3.00 %	17.8 %	22.8 %	10.0
Industry Average	9,762.27 Cr	521.53		390.18	99.01	0.36%	15.78%	10.53%	6.81

All Competitor Stocks of Benares Hotels Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	16	20	18	28	28	25	26	34	36	23	24	39	49
Expenses	10	12	13	16	16	16	16	18	20	14	14	20	27
Operating Profit	6	8	5	12	11	9	10	16	16	9	10	19	22
OPM %	36%	38%	29%	44%	41%	37%	39%	47%	45%	38%	41%	48%	44%
Other Income	0	0	0	0	0	1	1	1	1	1	1	1	1
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	2	2	2	1	1	1	1	1	1	1	2	1	2
Profit before tax	4	6	4	11	10	8	9	15	15	9	10	18	21
Tax %	27%	25%	26%	25%	25%	26%	25%	25%	25%	25%	26%	26%	25%
Net Profit	3	5	3	8	8	6	7	11	12	6	7	14	16
EPS in Rs	23.31	34.92	22.85	63.77	58.38	48.46	52.62	86.92	89.15	49.46	55.38	104.31	123.46

Last Updated: May 31, 2025, 6:45 am

Below is a detailed analysis of the quarterly data for Benares Hotels Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 49.00 Cr.. The value appears strong and on an upward trend. It has increased from 39.00 Cr. (Dec 2024) to 49.00 Cr., marking an increase of 10.00 Cr..
For Expenses, as of Mar 2025, the value is 27.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 20.00 Cr. (Dec 2024) to 27.00 Cr., marking an increase of 7.00 Cr..
For Operating Profit, as of Mar 2025, the value is 22.00 Cr.. The value appears strong and on an upward trend. It has increased from 19.00 Cr. (Dec 2024) to 22.00 Cr., marking an increase of 3.00 Cr..
For OPM %, as of Mar 2025, the value is 44.00%. The value appears to be declining and may need further review. It has decreased from 48.00% (Dec 2024) to 44.00%, marking a decrease of 4.00%.
For Other Income, as of Mar 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 1.00 Cr..
For Interest, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.00 Cr..
For Depreciation, as of Mar 2025, the value is 2.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.00 Cr. (Dec 2024) to 2.00 Cr., marking an increase of 1.00 Cr..
For Profit before tax, as of Mar 2025, the value is 21.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Dec 2024) to 21.00 Cr., marking an increase of 3.00 Cr..
For Tax %, as of Mar 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Dec 2024) to 25.00%, marking a decrease of 1.00%.
For Net Profit, as of Mar 2025, the value is 16.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Dec 2024) to 16.00 Cr., marking an increase of 2.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 123.46. The value appears strong and on an upward trend. It has increased from 104.31 (Dec 2024) to 123.46, marking an increase of 19.15.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 4:14 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	43	47	50	50	47	60	64	24	50	93	121	135
Expenses	28	31	35	36	36	42	43	24	35	57	69	76
Operating Profit	15	16	15	14	11	17	21	0	15	36	51	59
OPM %	34%	34%	30%	28%	24%	29%	33%	2%	29%	39%	43%	44%
Other Income	1	1	1	2	1	1	-0	1	0	1	3	5
Interest	0	0	0	0	0	1	1	1	1	0	0	0
Depreciation	2	3	3	5	4	5	6	7	6	6	6	6
Profit before tax	14	14	13	11	8	12	14	-7	8	31	48	58
Tax %	35%	35%	36%	37%	17%	28%	21%	-25%	27%	25%	25%	26%
Net Profit	9	9	8	7	6	9	11	-5	6	23	36	43
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
Dividend Payout %	29%	28%	31%	29%	30%	22%	9%	0%	23%	11%	9%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	0.00%	-11.11%	-12.50%	-14.29%	50.00%	22.22%	-145.45%	220.00%	283.33%	56.52%	19.44%
Change in YoY Net Profit Growth (%)	0.00%	-11.11%	-1.39%	-1.79%	64.29%	-27.78%	-167.68%	365.45%	63.33%	-226.81%	-37.08%

Benares Hotels Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	16%
3 Years:	40%
TTM:	12%

Compounded Profit Growth
10 Years:	17%
5 Years:	32%
3 Years:	97%
TTM:	19%

Stock Price CAGR
10 Years:	23%
5 Years:	50%
3 Years:	76%
1 Year:	15%

Return on Equity
10 Years:	17%
5 Years:	20%
3 Years:	29%
Last Year:	28%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 2:08 pm

Month	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
Borrowings	0	0	0	0	5	5	9	9	4	4	4	4
Other Liabilities	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
Fixed Assets	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
Other Assets	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

Below is a detailed analysis of the balance sheet data for Benares Hotels Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 1.00 Cr..
For Reserves, as of Mar 2025, the value is 171.00 Cr.. The value appears strong and on an upward trend. It has increased from 132.00 Cr. (Mar 2024) to 171.00 Cr., marking an increase of 39.00 Cr..
For Borrowings, as of Mar 2025, the value is 4.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 4.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 19.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 19.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 195.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 156.00 Cr. (Mar 2024) to 195.00 Cr., marking an increase of 39.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 70.00 Cr.. The value appears to be declining and may need further review. It has decreased from 71.00 Cr. (Mar 2024) to 70.00 Cr., marking a decrease of 1.00 Cr..
For CWIP, as of Mar 2025, the value is 19.00 Cr.. The value appears strong and on an upward trend. It has increased from 5.00 Cr. (Mar 2024) to 19.00 Cr., marking an increase of 14.00 Cr..
For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Mar 2025, the value is 106.00 Cr.. The value appears strong and on an upward trend. It has increased from 79.00 Cr. (Mar 2024) to 106.00 Cr., marking an increase of 27.00 Cr..
For Total Assets, as of Mar 2025, the value is 195.00 Cr.. The value appears strong and on an upward trend. It has increased from 156.00 Cr. (Mar 2024) to 195.00 Cr., marking an increase of 39.00 Cr..

Notably, the Reserves (171.00 Cr.) exceed the Borrowings (4.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	10	13	10	11	9	16	17	2	16	28	41	42
Cash from Investing Activity +	-17	-7	-6	-12	-8	-16	-13	-1	-11	-17	-25	-43
Cash from Financing Activity +	-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

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	15.00	16.00	15.00	14.00	6.00	12.00	12.00	-9.00	11.00	32.00	47.00	55.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	22	21	19	27	31	31	27	25	12	10	17	15
Inventory Days	83	80	85	85	85	92	79	62	109
Days Payable	408	237	299	285	367	446	429	333	235
Cash Conversion Cycle	-303	-136	-195	-173	-251	-323	-323	-246	-114	10	17	15
Working Capital Days	-44	53	9	29	55	-38	-34	-17	-29	-28	-9	-8
ROCE %	37%	34%	31%	25%	18%	12%	17%	18%	-7%	10%	34%	41%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	62.57%	62.57%	62.57%	62.57%	62.57%	62.57%	62.57%	62.57%	62.57%	62.57%	62.57%	61.19%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.01%
Public	37.43%	37.43%	37.43%	37.44%	37.43%	37.42%	37.43%	37.42%	37.43%	37.43%	37.42%	38.82%
No. of Shareholders	4,373	4,334	4,413	4,389	4,317	4,417	4,618	4,997	5,601	6,340	6,581	6,600

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	277.25	179.85	43.48	-40.22	81.63
Diluted EPS (Rs.)	277.25	179.85	43.48	-40.22	81.63
Cash EPS (Rs.)	322.65	226.07	92.43	13.12	130.72
Book Value[Excl.RevalReserv]/Share (Rs.)	1023.05	767.50	598.75	555.65	602.41
Book Value[Incl.RevalReserv]/Share (Rs.)	1023.05	767.50	598.75	555.65	602.41
Dividend / Share (Rs.)	25.00	20.00	10.00	0.00	7.50
Revenue From Operations / Share (Rs.)	927.40	717.88	383.38	186.45	489.50
PBDIT / Share (Rs.)	418.18	289.68	113.23	7.41	161.19
PBIT / Share (Rs.)	372.78	243.46	64.28	-45.93	112.10
PBT / Share (Rs.)	369.89	240.63	59.29	-53.60	103.82
Net Profit / Share (Rs.)	277.25	179.85	43.48	-40.22	81.63
PBDIT Margin (%)	45.09	40.35	29.53	3.97	32.92
PBIT Margin (%)	40.19	33.91	16.76	-24.63	22.90
PBT Margin (%)	39.88	33.51	15.46	-28.74	21.20
Net Profit Margin (%)	29.89	25.05	11.34	-21.57	16.67
Return on Networth / Equity (%)	27.10	23.43	7.26	-7.23	13.55
Return on Capital Employeed (%)	34.04	28.92	9.54	-7.46	16.59
Return On Assets (%)	23.09	19.43	5.94	-5.75	10.12
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	0.04
Total Debt / Equity (X)	0.00	0.00	0.00	0.07	0.11
Asset Turnover Ratio (%)	0.87	0.86	0.53	0.24	0.63
Current Ratio (X)	4.48	3.56	1.36	0.47	0.64
Quick Ratio (X)	4.39	3.44	1.25	0.39	0.58
Dividend Payout Ratio (NP) (%)	7.21	5.56	0.00	-18.64	18.37
Dividend Payout Ratio (CP) (%)	6.19	4.42	0.00	57.15	11.47
Earning Retention Ratio (%)	92.79	94.44	0.00	118.64	81.63
Cash Earning Retention Ratio (%)	93.81	95.58	0.00	42.85	88.53
Interest Coverage Ratio (X)	144.70	102.42	22.71	0.96	19.47
Interest Coverage Ratio (Post Tax) (X)	96.94	64.59	9.72	-4.24	10.86
Enterprise Value (Cr.)	1078.76	392.03	258.61	170.14	174.77
EV / Net Operating Revenue (X)	8.95	4.20	5.19	7.02	2.75
EV / EBITDA (X)	19.84	10.41	17.57	176.68	8.34
MarketCap / Net Operating Revenue (X)	9.37	4.52	5.32	6.86	2.64
Retention Ratios (%)	92.78	94.43	0.00	118.64	81.62
Price / BV (X)	8.49	4.23	3.41	2.30	2.15
Price / Net Operating Revenue (X)	9.37	4.52	5.32	6.86	2.64
EarningsYield	0.03	0.05	0.02	-0.03	0.06

After reviewing the key financial ratios for Benares Hotels Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 277.25. This value is within the healthy range. It has increased from 179.85 (Mar 23) to 277.25, marking an increase of 97.40.
For Diluted EPS (Rs.), as of Mar 24, the value is 277.25. This value is within the healthy range. It has increased from 179.85 (Mar 23) to 277.25, marking an increase of 97.40.
For Cash EPS (Rs.), as of Mar 24, the value is 322.65. This value is within the healthy range. It has increased from 226.07 (Mar 23) to 322.65, marking an increase of 96.58.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,023.05. It has increased from 767.50 (Mar 23) to 1,023.05, marking an increase of 255.55.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,023.05. It has increased from 767.50 (Mar 23) to 1,023.05, marking an increase of 255.55.
For Dividend / Share (Rs.), as of Mar 24, the value is 25.00. This value exceeds the healthy maximum of 3. It has increased from 20.00 (Mar 23) to 25.00, marking an increase of 5.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 927.40. It has increased from 717.88 (Mar 23) to 927.40, marking an increase of 209.52.
For PBDIT / Share (Rs.), as of Mar 24, the value is 418.18. This value is within the healthy range. It has increased from 289.68 (Mar 23) to 418.18, marking an increase of 128.50.
For PBIT / Share (Rs.), as of Mar 24, the value is 372.78. This value is within the healthy range. It has increased from 243.46 (Mar 23) to 372.78, marking an increase of 129.32.
For PBT / Share (Rs.), as of Mar 24, the value is 369.89. This value is within the healthy range. It has increased from 240.63 (Mar 23) to 369.89, marking an increase of 129.26.
For Net Profit / Share (Rs.), as of Mar 24, the value is 277.25. This value is within the healthy range. It has increased from 179.85 (Mar 23) to 277.25, marking an increase of 97.40.
For PBDIT Margin (%), as of Mar 24, the value is 45.09. This value is within the healthy range. It has increased from 40.35 (Mar 23) to 45.09, marking an increase of 4.74.
For PBIT Margin (%), as of Mar 24, the value is 40.19. This value exceeds the healthy maximum of 20. It has increased from 33.91 (Mar 23) to 40.19, marking an increase of 6.28.
For PBT Margin (%), as of Mar 24, the value is 39.88. This value is within the healthy range. It has increased from 33.51 (Mar 23) to 39.88, marking an increase of 6.37.
For Net Profit Margin (%), as of Mar 24, the value is 29.89. This value exceeds the healthy maximum of 10. It has increased from 25.05 (Mar 23) to 29.89, marking an increase of 4.84.
For Return on Networth / Equity (%), as of Mar 24, the value is 27.10. This value is within the healthy range. It has increased from 23.43 (Mar 23) to 27.10, marking an increase of 3.67.
For Return on Capital Employeed (%), as of Mar 24, the value is 34.04. This value is within the healthy range. It has increased from 28.92 (Mar 23) to 34.04, marking an increase of 5.12.
For Return On Assets (%), as of Mar 24, the value is 23.09. This value is within the healthy range. It has increased from 19.43 (Mar 23) to 23.09, marking an increase of 3.66.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.87. It has increased from 0.86 (Mar 23) to 0.87, marking an increase of 0.01.
For Current Ratio (X), as of Mar 24, the value is 4.48. This value exceeds the healthy maximum of 3. It has increased from 3.56 (Mar 23) to 4.48, marking an increase of 0.92.
For Quick Ratio (X), as of Mar 24, the value is 4.39. This value exceeds the healthy maximum of 2. It has increased from 3.44 (Mar 23) to 4.39, marking an increase of 0.95.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 7.21. This value is below the healthy minimum of 20. It has increased from 5.56 (Mar 23) to 7.21, marking an increase of 1.65.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 6.19. This value is below the healthy minimum of 20. It has increased from 4.42 (Mar 23) to 6.19, marking an increase of 1.77.
For Earning Retention Ratio (%), as of Mar 24, the value is 92.79. This value exceeds the healthy maximum of 70. It has decreased from 94.44 (Mar 23) to 92.79, marking a decrease of 1.65.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 93.81. This value exceeds the healthy maximum of 70. It has decreased from 95.58 (Mar 23) to 93.81, marking a decrease of 1.77.
For Interest Coverage Ratio (X), as of Mar 24, the value is 144.70. This value is within the healthy range. It has increased from 102.42 (Mar 23) to 144.70, marking an increase of 42.28.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 96.94. This value is within the healthy range. It has increased from 64.59 (Mar 23) to 96.94, marking an increase of 32.35.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,078.76. It has increased from 392.03 (Mar 23) to 1,078.76, marking an increase of 686.73.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 8.95. This value exceeds the healthy maximum of 3. It has increased from 4.20 (Mar 23) to 8.95, marking an increase of 4.75.
For EV / EBITDA (X), as of Mar 24, the value is 19.84. This value exceeds the healthy maximum of 15. It has increased from 10.41 (Mar 23) to 19.84, marking an increase of 9.43.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 9.37. This value exceeds the healthy maximum of 3. It has increased from 4.52 (Mar 23) to 9.37, marking an increase of 4.85.
For Retention Ratios (%), as of Mar 24, the value is 92.78. This value exceeds the healthy maximum of 70. It has decreased from 94.43 (Mar 23) to 92.78, marking a decrease of 1.65.
For Price / BV (X), as of Mar 24, the value is 8.49. This value exceeds the healthy maximum of 3. It has increased from 4.23 (Mar 23) to 8.49, marking an increase of 4.26.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 9.37. This value exceeds the healthy maximum of 3. It has increased from 4.52 (Mar 23) to 9.37, marking an increase of 4.85.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.03, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Benares Hotels Ltd as of June 8, 2025 is: 9,049.13

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 8, 2025, Benares Hotels Ltd is Overvalued by 9.27% compared to the current share price 9,974.00

Intrinsic Value of Benares Hotels Ltd as of June 8, 2025 is: 29,591.20

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 8, 2025, Benares Hotels Ltd is Undervalued by 196.68% compared to the current share price 9,974.00

Last 5 Year EPS CAGR: 227.01%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 22.50%, which is a positive sign. The stock has a low average Working Capital Days of -5.08, which is a positive sign. The stock has a low average Cash Conversion Cycle of -168.50, which is a positive sign. The company has higher reserves (80.50 cr) compared to borrowings (3.67 cr), indicating strong financial stability. The company has shown consistent growth in sales (65.33 cr) and profit (18.67 cr) over the years.

Strength

Weakness

The stock has a high average ROCE of 22.50%, which is a positive sign.
The stock has a low average Working Capital Days of -5.08, which is a positive sign.
The stock has a low average Cash Conversion Cycle of -168.50, which is a positive sign.
The company has higher reserves (80.50 cr) compared to borrowings (3.67 cr), indicating strong financial stability.
The company has shown consistent growth in sales (65.33 cr) and profit (18.67 cr) over the years.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Benares Hotels Ltd:
1. Net Profit Margin: 29.89%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 34.04% (Industry Average ROCE: 15.78%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 27.1% (Industry Average ROE: 10.53%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 96.94
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 4.39
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 30 (Industry average Stock P/E: 390.18)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Benares Hotels Ltd. is a Public Limited Listed company incorporated on 03/11/1971 and has its registered office in the State of Uttar Pradesh, India. Company's Corporate Identification Number(CIN) is L55101UP1971PLC003480 and registration number is 003480. Currently Company is involved in the business activities of Hotels and motels, inns, resorts providing short term lodging facilities; includes accommodation in house boats. Company's Total Operating Revenue is Rs. 135.47 Cr. and Equity Capital is Rs. 1.30 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Hotels, Resorts & Restaurants	Taj Ganges, Nadesar Palace Compound, Varanasi Uttar Pradesh 221002	investor@tajhotels.com http://www.benareshotelslimited.com

Management
Name	Position Held
Dr. Anant Narain Singh	Chairman
Mrs. Rukmani Devi	Ind. Non-Executive Director
Mr. Rohit Khosla	Non Exe.Non Ind.Director
Mr. Moiz Miyajiwala	Ind. Non-Executive Director
Mr. Puneet Raman	Ind. Non-Executive Director
Mr. Beejal Desai	Non Exe.Non Ind.Director

FAQ

What is the intrinsic value of Benares Hotels Ltd?

Benares Hotels Ltd's intrinsic value (as of 08 June 2025) is ₹9049.13 — 9.27% lower the current market price of 9,974.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,297 Cr. market cap, FY2025-2026 high/low of ₹12,500/7,400, reserves of 171 Cr, and liabilities of 195 Cr.

What is the Market Cap of Benares Hotels Ltd?

The Market Cap of Benares Hotels Ltd is 1,297 Cr..

What is the current Stock Price of Benares Hotels Ltd as on 08 June 2025?

The current stock price of Benares Hotels Ltd as on 08 June 2025 is 9,974.

What is the High / Low of Benares Hotels Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Benares Hotels Ltd stocks is ₹12,500/7,400.

What is the Stock P/E of Benares Hotels Ltd?

The Stock P/E of Benares Hotels Ltd is 30.0.

What is the Book Value of Benares Hotels Ltd?

The Book Value of Benares Hotels Ltd is 1,329.

What is the Dividend Yield of Benares Hotels Ltd?

The Dividend Yield of Benares Hotels Ltd is 0.25 %.

What is the ROCE of Benares Hotels Ltd?

The ROCE of Benares Hotels Ltd is 37.3 %.

What is the ROE of Benares Hotels Ltd?

The ROE of Benares Hotels Ltd is 28.3 %.

What is the Face Value of Benares Hotels Ltd?

The Face Value of Benares Hotels Ltd is 10.0.