Flash Finance

Benares Hotels Ltd509438Corporate

Hotels & Resorts Latest results: Sep 2026 14 quarters of data
₹10,809.05
MCap ₹1,353 Cr · P/E 30.5
Benares Hotels Ltd — Stock analysis & AI research Benares Hotels Ltd — Live exchange announcements
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹32 Cr
Sales · Sep 2026
+31.9% YoY
₹10 Cr
Operating Profit · Sep 2026
+23.7% YoY
32.3%
OPM % · Sep 2026
-6.4% YoY
₹7 Cr
Net Profit · Sep 2026
+7.8% YoY
₹50.44
EPS · Sep 2026
+7.8% YoY

📝 Benares Hotels Ltd — results explained

Quarter ended September 2026 (Q2 FY27)

Benares Hotels Ltd reported revenue of ₹32 crore for the quarter ended September 2026 (Q2 FY27), up 31.9% from ₹24 crore in the same quarter last year, and down 7.0% sequentially over the June 2026 quarter.

Net profit rose 7.8% year-on-year to ₹7 crore, from ₹6 crore. Earnings per share (EPS) came in at ₹50.44.

Operating profit stood at ₹10 crore — an operating margin (OPM) of 32.3%, compared with 34.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Benares Hotels Ltd posted revenue of ₹139 crore, a growth of 2.7% over FY25, with a net profit of ₹43 crore (flat year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹156 crore with a net profit of ₹44 crore.

Valuation snapshot

At the current price of ₹10,809.05, 509438 has a market capitalisation of ₹1,353 crore and a trailing P/E of about 30.5.

Within the Hotels & Resorts industry, it is the 2nd-largest of the 32 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 62.58%, foreign institutional investors (FIIs) 0.02%, domestic institutional investors (DIIs) 0.05%, public shareholders 37.35% of Benares Hotels Ltd.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,353 Cr
Current Price ?
₹10,809.0
P/E ?
30.49above ind
Industry P/E ?
24.40
P/B ?
6.04
P/S ?
8.69
P/FCF ?
-123.02
Enterprise Value ?
₹1,358 Cr
EV/EBITDA ?
21.20
PEG ?
1.33
Earnings Yield ?
4.0%
Dividend Yield ?
0.23%
Profitability & Returns
Sales (TTM) ?
₹156 Cr
OPM ?
41.1%
Profit after tax (TTM) ?
₹44 Cr
EPS (TTM) ?
₹354.54
ROCE ?
30.0%
ROE ?
19.8%
ROA ?
17.1%
Growth
Sales — latest qtr ?
₹32 Cr
PAT — latest qtr ?
₹7 Cr
YoY qtr sales growth ?
31.9%
YoY qtr profit growth ?
7.8%
Sales growth (3y) ?
14%
Sales growth (5y) ?
42%
Profit growth (3y) ?
23%
Profit growth (5y) ?
59%
Financial Health
Debt ?
₹4 Cr
Debt to Equity ?
0.02
Interest Coverage ?
132.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
62.58%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-1.4%
Return 6 months ?
13.7%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 2526343623243949252442493432 +31.9% -7.0%
Operating Profit 9101616910192210820221210 +23.7% -18.4%
Other Income 11111111221111 -19.6% -2.0%
Interest 00000000000000 +8.7% -9.4%
Depreciation 11111212221233 +74.7% +0.3%
Profit Before Tax 89151591018211081921119 +6.0% -21.0%
Net Profit 67111267141686141587 +7.8% -20.5%
EPS 48.4652.6286.9289.1549.4655.38104.31123.4658.3146.77109.46118.0863.4650.44 +7.8% -20.5%
OPM % 36.9% 38.7% 47.2% 44.5% 38.4% 41.2% 48.1% 44.2% 40.1% 34.5% 46.9% 44.9% 36.9% 32.3% -6.4% -12.5%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹135 Cr ₹139 Cr ₹156 Cr +2.7%
Operating Profit ₹59 Cr ₹60 Cr ₹64 Cr +0.5%
OPM % 43.79% 42.86% 41.15% -2.1%
NPM % 31.92% 31.08% 28.52% -2.6%
Other Income ₹5 Cr ₹6 Cr ₹5 Cr +8.5%
Depreciation ₹6 Cr ₹7 Cr ₹9 Cr +12.9%
Interest ₹0 Cr ₹0 Cr ₹0 Cr +5.3%
EBIT ₹53 Cr ₹53 Cr ₹55 Cr -0.9%
PBT ₹58 Cr ₹58 Cr ₹59 Cr -0.1%
Tax — — ₹2 Cr —
Net Profit ₹43 Cr ₹43 Cr ₹44 Cr +0.0%
EPS ₹332.61 ₹332.62 ₹341.44 +0.0%
Material Cost — — ₹3 Cr —
Employee Cost — — ₹6 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 11111 +30.0%
Reserves 98132171211223 +5.6%
Borrowings 44444 +9.0%
Other Liabilities 1719194031 -22.7%
Total Liabilities 120156195257259 +1.0%
Fixed Assets 737170157153 -2.4%
CWIP 151912 +66.0%
Investments 0000— —
Other Assets 477910699105 +5.6%
Total Assets 120156195257259 +1.0%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Inventories 2 —
Trade Receivables 6 —
Trade Payables 6 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 28414249 +16.7%
Cash from Investing Activity -17-25-43-59 -37.2%
Cash from Financing Activity -2-3-4-4 +0.0%
Net Cash Flow 912-5-14 -180.0%
Free Cash Flow 262924-11 -145.8%
CFO/OP 98%103%96%103% +7.3%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 18 —
Cash from Investing Activity -13 —
Cash from Financing Activity -3 —
Net Cash Flow 2 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 17151115 +36.4%
Cash Conversion Cycle 17151115 +36.4%
Working Capital Days -9-8-0-47 —
ROCE % 34%41%37%30% -18.9%

👥 Shareholding (latest 4 periods)

Metric Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 62.58%62.58%62.58%62.58% +0.0%
FIIs 0.01%0.02%0.02%0.02% +0.0%
DIIs 0.02%0.01%0.01%0.05% +400.0%
Public 37.40%37.40%37.41%37.35% -0.2%
No. of Shareholders 6,9796,7376,6476,717 +1.1%

⚖️ Peer comparison

Industry: Hotels & Resorts · top 25 of 32 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 BRIGHOTEL Brigade Hotel ₹55.85 2,121 24.4 473 94 8.8% 20.0% — — 2.3% 142.2%
2 509438 Benares Hotels ₹8,101.00 1,353 23.7 156 44 41.1% 28.5% 2.7% 0.0% 31.9% 7.8%
3 507836 Mac Charles ₹675.90 868 — 121 -114 74.4% -94.4% 1010.0% -8.4% 46.5% 7.6%
4 509960 UP Hotels ₹1,540.00 813 26.3 163 32 25.4% 19.5% 6.6% 10.3% 3.2% -10.0%
5 ADVENTHTL Advent Hotels ₹128.31 692 19.2 388 40 33.6% 10.2% — — 0.1% -79.3%
6 531637 Praveg ₹287.25 603 — 248 -17 22.4% -7.1% 44.1% -162.1% 16.8% -130.2%
7 523710 Sayaji Hotels ₹305.00 534 — 133 -1 15.4% -0.7% 7.6% -404.8% -43.7% 105.8%
8 507265 Emerald Leisures ₹247.35 417 — 16 -9 41.6% -52.5% 10.1% 21.1% -4.8% -2.4%
9 544080 Sayaji Hotels ₹1,132.00 375 44.1 109 8 21.2% 7.1% 0.8% -24.2% 11.6% -11.7%
10 509546 Graviss Hospitality ₹29.26 299 n/m 65 0 14.3% 0.0% 3.2% -107.2% 18.0% 31.8%
11 544090 Sayaji Hotels ₹889.40 252 13.1 82 21 34.2% 25.2% 6.0% 14.5% 5.7% 29.8%
12 532016 Espire Hospitality ₹127.17 213 20.4 140 9 17.5% 6.7% 13.1% -1.7% 17.8% 82.9%
13 512634 Savera Industries ₹143.90 197 15.8 109 11 16.6% 10.0% 28.5% -3.2% 30.4% -33.7%
14 532992 CHL ₹36.58 155 18.5 143 11 11.9% 7.5% 0.7% 98.4% 11.3% 1319.5%
15 537839 Phoenix Township ₹146.95 146 95.4 32 3 22.0% 9.7% -9.7% -94.4% 10.7% 14.6%
16 514402 Eco Hotels ₹37.98 69 — 7 -13 -121.9% -191.2% 2325.0% -338.3% 651.7% -209.3%
17 507960 Gujarat Hotels ₹216.45 69 14.3 5 6 89.1% 118.7% 12.7% 6.8% 5.8% 0.6%
18 526640 Royale Manor ₹55.12 49 34.0 23 2 15.5% 10.5% -3.4% -22.9% 14.3% 197.0%
19 507981 Jindal Hotels ₹115.25 44 27.0 50 3 28.1% 5.9% 8.0% 84.3% 18.3% 301.1%
20 541973 Mac Hotels ₹41.21 34 69.8 5 0 47.2% 7.2% — — -0.4% -533.3%
21 532124 Reliable Ventures ₹21.28 27 — — -1 — — -100.0% -32.4% — 61.3%
22 500016 Aruna Hotels ₹10.05 24 43.7 25 1 23.9% 3.2% 6.0% 241.2% -2.9% -195.5%
23 508664 Best Eastern ₹17.74 24 — 6 -0 2.9% -6.9% -10.7% -3050.0% 8.3% 195.5%
24 507966 Ras Resorts ₹44.28 23 30.8 14 1 11.6% 4.1% -0.6% 60.6% 23.4% 33.8%
25 543538 Goel Food ₹173.80 21 115.9 22 3 28.4% 12.9% — — -20.0% -47.6%
❓ Frequently asked questions
What was Benares Hotels Ltd's revenue in Q2 FY27?
Benares Hotels Ltd reported revenue of ₹32 crore for the quarter ended September 2026 (Q2 FY27), up 31.9% from ₹24 crore in the same quarter last year, and down 7.0% sequentially over the June 2026 quarter.
What was Benares Hotels Ltd's net profit in Q2 FY27?
Net profit rose 7.8% year-on-year to ₹7 crore, from ₹6 crore. Earnings per share (EPS) came in at ₹50.44.
What is 509438's market capitalisation and P/E ratio?
At the current price of ₹10,809.05, 509438 has a market capitalisation of ₹1,353 crore and a trailing P/E of about 30.5.
Who owns Benares Hotels Ltd? (shareholding pattern)
As of Jun 2026, promoters held 62.58%, foreign institutional investors (FIIs) 0.02%, domestic institutional investors (DIIs) 0.05%, public shareholders 37.35% of Benares Hotels Ltd.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI