Announcement • Jul 11
Benares Hotels Limited to Report Q1, 2027 Results on Jul 14, 2026 Benares Hotels Limited announced that they will report Q1, 2027 results at 12:15 PM, Indian Standard Time on Jul 14, 2026 Upcoming Dividend • Jul 09
Upcoming dividend of ₹25.00 per share Eligible shareholders must have bought the stock before 16 July 2026. Payment date: 22 August 2026. Payout ratio is a comfortable 7.5% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.5%). Reported Earnings • Jul 02
Full year 2026 earnings released: EPS: ₹333 (vs ₹333 in FY 2025) Full year 2026 results: EPS: ₹333 (down from ₹333 in FY 2025). Revenue: ₹1.39b (up 2.7% from FY 2025). Net income: ₹432.4m (flat on FY 2025). Profit margin: 31% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 10
Benares Hotels Limited to Report Fiscal Year 2026 Results on Apr 29, 2026 Benares Hotels Limited announced that they will report fiscal year 2026 results at 12:15 PM, Indian Standard Time on Apr 29, 2026 Reported Earnings • Jan 16
Third quarter 2026 earnings released: EPS: ₹109 (vs ₹104 in 3Q 2025) Third quarter 2026 results: EPS: ₹109 (up from ₹104 in 3Q 2025). Revenue: ₹426.6m (up 9.8% from 3Q 2025). Net income: ₹142.3m (up 5.0% from 3Q 2025). Profit margin: 33% (down from 35% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 05
Benares Hotels Limited to Report Q3, 2026 Results on Jan 15, 2026 Benares Hotels Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 15, 2026 Reported Earnings • Oct 17
Second quarter 2026 earnings released: EPS: ₹46.76 (vs ₹55.41 in 2Q 2025) Second quarter 2026 results: EPS: ₹46.76 (down from ₹55.41 in 2Q 2025). Revenue: ₹255.2m (up 4.3% from 2Q 2025). Net income: ₹60.8m (down 16% from 2Q 2025). Profit margin: 24% (down from 29% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 13
Benares Hotels Limited to Report Q2, 2026 Results on Oct 16, 2025 Benares Hotels Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Oct 16, 2025 New Risk • Sep 22
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Upcoming Dividend • Jul 29
Upcoming dividend of ₹25.00 per share Eligible shareholders must have bought the stock before 05 August 2025. Payment date: 22 August 2025. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.3%). Reported Earnings • Jul 15
First quarter 2026 earnings released: EPS: ₹58.32 (vs ₹49.48 in 1Q 2025) First quarter 2026 results: EPS: ₹58.32 (up from ₹49.48 in 1Q 2025). Revenue: ₹267.9m (up 17% from 1Q 2025). Net income: ₹75.8m (up 18% from 1Q 2025). Profit margin: 28% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 08
Benares Hotels Limited to Report Q1, 2026 Results on Jul 14, 2025 Benares Hotels Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Jul 14, 2025 Announcement • Jun 20
Benares Hotels Limited, Annual General Meeting, Aug 12, 2025 Benares Hotels Limited, Annual General Meeting, Aug 12, 2025, at 15:00 Indian Standard Time. Reported Earnings • May 01
Full year 2025 earnings released: EPS: ₹333 (vs ₹277 in FY 2024) Full year 2025 results: EPS: ₹333 (up from ₹277 in FY 2024). Revenue: ₹1.41b (up 17% from FY 2024). Net income: ₹432.5m (up 20% from FY 2024). Profit margin: 31% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹10,118, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 34x in the Hospitality industry in India. Total returns to shareholders of 396% over the past three years. Announcement • Apr 01
Benares Hotels Limited to Report Q4, 2025 Results on Apr 28, 2025 Benares Hotels Limited announced that they will report Q4, 2025 results on Apr 28, 2025 Announcement • Mar 06
Benares Hotels Limited Appoints Anita Belani as Non-Executive Independent Director Benares Hotels Limited approved the Appointment of Ms. Anita Belani as an Non-Executive Independent Director of the Company, by passing Special Resolution through Postal Ballot by remote e-voting process which ended on March 4, 2025 and results of which has been declared on March 6, 2025. Appointment as a Non-Executive Independent Director for first term of 5 years commencing from January 14, 2025 up to January 13, 2030 (both days inclusive). Ms. Anita Belani is an established board director, entrepreneur, a business leader, CEO /CXO coach and a well-known personality in HR fraternity with more than 35 years of experience. She has won multiple awards Most Influential HR Leader Award in 2017, and Woman Super Achiever Award in 2008. She has led the India operations of global consulting firms in formulating & implementing strategy, P&L management, Business Development and franchise building by leading high-quality teams. She has also consulted across sectors at Board /CEO levels. She has coached at the CEO & CXO level which requires a deep understanding of strategic issues & complex business scenarios. New Risk • Feb 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹9,729, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 33x in the Hospitality industry in India. Total returns to shareholders of 402% over the past three years. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹9,878, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 38x in the Hospitality industry in India. Total returns to shareholders of 482% over the past three years. Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: ₹104 (vs ₹86.96 in 3Q 2024) Third quarter 2025 results: EPS: ₹104 (up from ₹86.96 in 3Q 2024). Revenue: ₹401.0m (up 19% from 3Q 2024). Net income: ₹135.6m (up 20% from 3Q 2024). Profit margin: 34% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 08
Benares Hotels Limited to Report Q3, 2025 Results on Jan 14, 2025 Benares Hotels Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 14, 2025 Buy Or Sell Opportunity • Dec 12
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 7.0% to ₹8,539. The fair value is estimated to be ₹6,963, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Oct 19
Second quarter 2025 earnings released: EPS: ₹55.41 (vs ₹52.64 in 2Q 2024) Second quarter 2025 results: EPS: ₹55.41 (up from ₹52.64 in 2Q 2024). Revenue: ₹257.2m (flat on 2Q 2024). Net income: ₹72.0m (up 5.3% from 2Q 2024). Profit margin: 28% (up from 26% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹9,238, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 42x in the Hospitality industry in India. Total returns to shareholders of 377% over the past three years. Announcement • Oct 10
Benares Hotels Limited to Report Q2, 2025 Results on Oct 18, 2024 Benares Hotels Limited announced that they will report Q2, 2025 results on Oct 18, 2024 Upcoming Dividend • Aug 15
Upcoming dividend of ₹25.00 per share Eligible shareholders must have bought the stock before 22 August 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 9.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). In line with average of industry peers (0.4%). Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: ₹49.48 (vs ₹48.47 in 1Q 2024) First quarter 2025 results: EPS: ₹49.48 (up from ₹48.47 in 1Q 2024). Revenue: ₹243.5m (down 4.4% from 1Q 2024). Net income: ₹64.3m (up 2.1% from 1Q 2024). Profit margin: 26% (up from 25% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year whereas the company’s share price has increased by 73% per year. Declared Dividend • Jul 15
Dividend increased to ₹25.00 Dividend of ₹25.00 is 25% higher than last year. Ex-date: 22nd August 2024 Payment date: 28th September 2024 Dividend yield will be 0.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 13
Benares Hotels Limited, Annual General Meeting, Aug 29, 2024 Benares Hotels Limited, Annual General Meeting, Aug 29, 2024, at 15:00 Indian Standard Time. Announcement • Jun 22
Benares Hotels Limited to Report Q1, 2025 Results on Jul 15, 2024 Benares Hotels Limited announced that they will report Q1, 2025 results on Jul 15, 2024 New Risk • Apr 21
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 20
Full year 2024 earnings released: EPS: ₹277 (vs ₹180 in FY 2023) Full year 2024 results: EPS: ₹277 (up from ₹180 in FY 2023). Revenue: ₹1.24b (up 33% from FY 2023). Net income: ₹360.4m (up 54% from FY 2023). Profit margin: 29% (up from 25% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year whereas the company’s share price has increased by 92% per year. Announcement • Apr 20
Benares Hotels Limited Recommends Final Dividend for the Year Ended March 31, 2024 Benares Hotels Limited at its board of directors meeting held on April 19, 2024, recommended a final dividend @ 250 % i.e., INR 25.00 per share on 1,300,000 Equity Shares of INR 10.00 each for the year ended March 31, 2024 (previous year @200% i.e., INR 20.00 per Equity Share), subject To Approve the Shareholders at the forthcoming Annual General Meeting of the Company. Announcement • Apr 11
Benares Hotels Limited to Report Q4, 2024 Results on Apr 19, 2024 Benares Hotels Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on Apr 19, 2024 Announcement • Mar 01
Benares Hotels Limited Announces Resignation of Harish Kumar Malpani as Chief Financial Officer Benares Hotels Limited announced that Mr. Harish Kumar Malpani has resigned as the chief financial officer (CFO) of the company with effect from the closure of Business hours of February 29, 2024, to pursue new assignments in his professional career. Reported Earnings • Jan 25
Third quarter 2024 earnings released: EPS: ₹86.96 (vs ₹63.74 in 3Q 2023) Third quarter 2024 results: EPS: ₹86.96 (up from ₹63.74 in 3Q 2023). Revenue: ₹336.1m (up 19% from 3Q 2023). Net income: ₹113.0m (up 36% from 3Q 2023). Profit margin: 34% (up from 29% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 97% per year whereas the company’s share price has increased by 96% per year. Announcement • Jan 10
Benares Hotels Limited to Report Q3, 2024 Results on Jan 23, 2024 Benares Hotels Limited announced that they will report Q3, 2024 results on Jan 23, 2024 Reported Earnings • Oct 18
Second quarter 2024 earnings released: EPS: ₹52.64 (vs ₹22.84 in 2Q 2023) Second quarter 2024 results: EPS: ₹52.64 (up from ₹22.84 in 2Q 2023). Revenue: ₹265.8m (up 50% from 2Q 2023). Net income: ₹68.4m (up 130% from 2Q 2023). Profit margin: 26% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth. Announcement • Oct 11
Benares Hotels Limited to Report Q2, 2024 Results on Oct 17, 2023 Benares Hotels Limited announced that they will report Q2, 2024 results on Oct 17, 2023 Upcoming Dividend • Aug 10
Upcoming dividend of ₹20.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 23 September 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.4%). Reported Earnings • Jul 22
First quarter 2024 earnings released: EPS: ₹48.47 (vs ₹34.90 in 1Q 2023) First quarter 2024 results: EPS: ₹48.47 (up from ₹34.90 in 1Q 2023). Revenue: ₹261.1m (up 32% from 1Q 2023). Net income: ₹63.0m (up 39% from 1Q 2023). Profit margin: 24% (up from 23% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth. Announcement • Jul 13
Benares Hotels Limited to Report Q1, 2024 Results on Jul 21, 2023 Benares Hotels Limited announced that they will report Q1, 2024 results on Jul 21, 2023 New Risk • Jul 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹7.61b market cap, or US$92.2m). Announcement • Jul 08
Benares Hotels Limited, Annual General Meeting, Aug 24, 2023 Benares Hotels Limited, Annual General Meeting, Aug 24, 2023, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹5,285, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 25x in the Hospitality industry in India. Total returns to shareholders of 329% over the past three years. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: ₹180 (vs ₹43.48 in FY 2022) Full year 2023 results: EPS: ₹180 (up from ₹43.48 in FY 2022). Revenue: ₹948.3m (up 90% from FY 2022). Net income: ₹233.8m (up 314% from FY 2022). Profit margin: 25% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹3,771, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 25x in the Hospitality industry in India. Total returns to shareholders of 204% over the past three years. Announcement • Feb 10
Benares Hotels Limited Appoints Beejal Desai as an Additional Director (Non-Executive) on the Board Benares Hotels Limited announced that the Board of Directors have appointed Mr. Beejal Desai as an Additional Director (Non-Executive) on the Board of the Company with effect from February 8, 2023. Mr. Beejal Desai has over 37 years of rich, extensive & cross functional experience and specialises in the areas of Legal, Secretarial, Corporate Governance, Corporate Affairs, Compliance & Investor relations. Mr. Desai has worked in leadership positions across diversified sectors including Hospitality, Pharmaceuticals, Forging, etc. He holds an LLB degree and is a fellow member of Institute of the Company Secretaries of India, besides attending Harvard leadership programme. He has pioneered digitisation of various legal & compliance projects within the organisation. He has won several National & International awards, notably Best Company Secretary Leisure & Hospitality Asia 2019 by Ethical Boardroom, London I Best Corporate Governance in India & Asia from Ethical Board, London for two consecutive years in a row in 2018 & 2019 respectively I Golden Peacock Award for Excellence in Corporate Governance 2019 & 2022 by Institute of Directors, London I He was also conferred a certificate of excellence in Corporate Governance from Institute of the Company Secretaries of India in 2007 & 2022 in addition to Best All India Investor Relations Award 2017. Announcement • Feb 03
Benares Hotels Limited Announces Puneet Chhatwal Resigs from the Post of Non Executive Director Benares Hotels Limited announced Mr. Puneet Chhatwal has resigned from the post of Non - Executive Director of the Company with immediate effect i.e. February 2, 2023 due to his other business commitments and pre-occupations. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹3,492, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 26x in the Hospitality industry in India. Total returns to shareholders of 121% over the past three years. Reported Earnings • Jan 26
Third quarter 2023 earnings released: EPS: ₹63.74 (vs ₹33.92 in 3Q 2022) Third quarter 2023 results: EPS: ₹63.74 (up from ₹33.92 in 3Q 2022). Revenue: ₹285.9m (up 48% from 3Q 2022). Net income: ₹82.9m (up 88% from 3Q 2022). Profit margin: 29% (up from 23% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Jan 10
Benares Hotels Limited to Report Q3, 2023 Results on Jan 25, 2023 Benares Hotels Limited announced that they will report Q3, 2023 results on Jan 25, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Non-Executive & Independent Director Puneet Raman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 01
Second quarter 2023 earnings released: EPS: ₹22.84 (vs ₹3.73 in 2Q 2022) Second quarter 2023 results: EPS: ₹22.84 (up from ₹3.73 in 2Q 2022). Revenue: ₹182.2m (up 72% from 2Q 2022). Net income: ₹29.7m (up ₹24.9m from 2Q 2022). Profit margin: 16% (up from 4.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 12
Benares Hotels Limited to Report Q2, 2023 Results on Oct 31, 2022 Benares Hotels Limited announced that they will report Q2, 2023 results on Oct 31, 2022 Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improved over the past week After last week's 19% share price gain to ₹2,842, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 39x in the Hospitality industry in India. Total returns to shareholders of 111% over the past three years. Upcoming Dividend • Aug 23
Upcoming dividend of ₹10.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 08 October 2022. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (0.2%). Reported Earnings • Jul 21
First quarter 2023 earnings released: EPS: ₹34.90 (vs ₹17.50 loss in 1Q 2022) First quarter 2023 results: EPS: ₹34.90 (up from ₹17.50 loss in 1Q 2022). Revenue: ₹200.4m (up 420% from 1Q 2022). Net income: ₹45.4m (up ₹68.1m from 1Q 2022). Profit margin: 23% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Jul 07
Benares Hotels Limited to Report Q1, 2023 Results on Jul 20, 2022 Benares Hotels Limited announced that they will report Q1, 2023 results on Jul 20, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Additional Non-Executive & Independent Director Puneet Raman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 21
Full year 2022 earnings released: EPS: ₹43.48 (vs ₹40.22 loss in FY 2021) Full year 2022 results: EPS: ₹43.48 (up from ₹40.22 loss in FY 2021). Net income: ₹56.5m (up ₹108.8m from FY 2021). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Apr 20
Benares Hotels Limited Recommends Final Dividend Benares Hotels Limited Recommended a dividend of 100 % or INR 10/- per share on 13,00,000 Equity Shares of INR 10/- each subject To Approve the Shareholders at the forthcoming Annual General Meeting of the Company. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Additional Non-Executive & Independent Director Puneet Raman was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 15
Second quarter 2022 earnings released: EPS ₹3.73 (vs ₹23.29 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹106.3m (up 264% from 2Q 2021). Net income: ₹4.85m (up ₹35.1m from 2Q 2021). Profit margin: 4.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Additional Non-Executive & Independent Director Puneet Raman was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 02
First quarter 2022 earnings released: ₹17.50 loss per share (vs ₹28.96 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹38.5m (up ₹32.9m from 1Q 2021). Net loss: ₹22.8m (loss narrowed 40% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Apr 29
Full year 2021 earnings released: ₹40.22 loss per share (vs ₹81.63 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹248.1m (down 61% from FY 2020). Net loss: ₹52.3m (down 149% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 08
New 90-day high: ₹1,340 The company is up 6.0% from its price of ₹1,261 on 08 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: ₹1,294 The company is up 5.0% from its price of ₹1,228 on 23 October 2020. The Indian market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 28% over the same period. Announcement • Jan 12
Benares Hotels Limited to Report Q3, 2021 Results on Jan 25, 2021 Benares Hotels Limited announced that they will report Q3, 2021 results on Jan 25, 2021 Reported Earnings • Oct 28
First half earnings released Over the last 12 months the company has reported total profits of ₹27.9m, down 70% from the prior year. Total revenue was ₹441.2m over the last 12 months, down 30% from the prior year. Reported Earnings • Oct 24
First half earnings released Over the last 12 months the company has reported total profits of ₹27.9m, down 70% from the prior year. Total revenue was ₹445.7m over the last 12 months, down 29% from the prior year. Is New 90 Day High Low • Oct 16
New 90-day low: ₹1,170 The company is down 9.0% from its price of ₹1,289 on 16 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 18% over the same period. Announcement • Oct 15
Benares Hotels Limited to Report First Half, 2021 Results on Oct 23, 2020 Benares Hotels Limited announced that they will report first half, 2021 results on Oct 23, 2020 Announcement • Aug 26
Benares Hotels Limited Announces Resignation of Vijay Partap Shrikent as Chief Executive Officer Benares Hotels Limited announced that Mr. Vijay Partap Shrikent has resigned as the Chief Executive Officer of the Company with immediate effect, vide his resignation letter dated August 25, 2020. Announcement • Jul 18
Benares Hotels Limited to Report Q1, 2021 Results on Jul 29, 2020 Benares Hotels Limited announced that they will report Q1, 2021 results on Jul 29, 2020 
