Announcement • May 15
Velan Hotels Limited to Report Q4, 2026 Results on May 22, 2026 Velan Hotels Limited announced that they will report Q4, 2026 results on May 22, 2026 New Risk • Apr 30
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 8.7% 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹8.6m free cash flow). Negative equity (-₹84m). Earnings have declined by 42% per year over the past 5 years. Revenue is less than US$1m (₹351k revenue, or US$3.7k). Market cap is less than US$10m (₹177.7m market cap, or US$1.86m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Announcement • Jan 24
Velan Hotels Limited to Report Q3, 2026 Results on Feb 04, 2026 Velan Hotels Limited announced that they will report Q3, 2026 results on Feb 04, 2026 Announcement • Nov 03
Velan Hotels Limited to Report Q2, 2026 Results on Nov 14, 2025 Velan Hotels Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Aug 29
Velan Hotels Limited, Annual General Meeting, Sep 27, 2025 Velan Hotels Limited, Annual General Meeting, Sep 27, 2025, at 11:45 Indian Standard Time. Announcement • Aug 02
Velan Hotels Limited to Report Q1, 2026 Results on Aug 09, 2025 Velan Hotels Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Aug 09, 2025 New Risk • Jul 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹7.4m free cash flow). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Negative equity (-₹74m). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (₹18k revenue, or US$210). Market cap is less than US$10m (₹213.8m market cap, or US$2.50m). New Risk • Jun 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹7.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹7.4m free cash flow). Negative equity (-₹74m). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (₹18k revenue, or US$211). Market cap is less than US$10m (₹189.2m market cap, or US$2.22m). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Announcement • May 16
Velan Hotels Limited to Report Q4, 2025 Results on May 30, 2025 Velan Hotels Limited announced that they will report Q4, 2025 results on May 30, 2025 Buy Or Sell Opportunity • Mar 28
Now 24% overvalued Over the last 90 days, the stock has fallen 20% to ₹6.14. The fair value is estimated to be ₹4.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 164% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Mar 10
Now 22% overvalued Over the last 90 days, the stock has fallen 13% to ₹6.22. The fair value is estimated to be ₹5.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 164% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 05
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 8.0% 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: Major Risks Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹184.8m market cap, or US$2.12m). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Buy Or Sell Opportunity • Feb 20
Now 24% overvalued Over the last 90 days, the stock has fallen 3.5% to ₹6.27. The fair value is estimated to be ₹5.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 164% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jan 31
Velan Hotels Limited to Report Q3, 2025 Results on Feb 10, 2025 Velan Hotels Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Announcement • Nov 05
Velan Hotels Limited to Report Q2, 2025 Results on Nov 14, 2024 Velan Hotels Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Buy Or Sell Opportunity • Oct 11
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to ₹7.61. The fair value is estimated to be ₹6.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 140% over the last 3 years. Meanwhile, the company became loss making. Announcement • Aug 04
Velan Hotels Limited to Report Q1, 2025 Results on Aug 14, 2024 Velan Hotels Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • May 17
Velan Hotels Limited to Report Q4, 2024 Results on May 29, 2024 Velan Hotels Limited announced that they will report Q4, 2024 results on May 29, 2024 New Risk • May 06
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 8.3% 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: Major Risks Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹200.1m market cap, or US$2.40m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Board Change • Apr 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. 1 experienced director. 5 highly experienced directors. Non-Executive Independent Director Nagaraj Saveethkumar was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 10
Velan Hotels Limited to Report Q3, 2024 Results on Jan 18, 2024 Velan Hotels Limited announced that they will report Q3, 2024 results on Jan 18, 2024 Announcement • Nov 09
Velan Hotels Limited Announces Resignation of Subramanyam Muralidharan as Independent Director Velan Hotels Limited announced that Mr. Subramanyam Muralidharan has tendered his resignation as the Independent Director of the Company, with effect from close of business hours on November 6, 2023, citing pre-occupation and other personal commitments. Announcement • Sep 18
Velan Hotels Limited Announces Reconstitution of Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee The board of directors of Velan Hotels Limited meeting held on September 15, 2023, approved and reconstituted the Audit Committee, Stakeholders Relationship Committee and Nomination & Remuneration Committee as follows: As per Regulation 18 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Audit Committee has been reconstituted by appointing Mr. Nagaraj Saveethkumar, a Member of the Committee as the Chairman of the Committee in place of Mr. P. Ganesan. Post reconstitution, the composition of the Audit Committee shall be as follows: Mr. Nagaraj Saveethkumar as Chairman; Mr. P.Ganesan, Mr. S.P.Sivanandam and Mrs. M. Sasikala as members. As per Regulation 19 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Nomination and Remuneration Committee has been reconstituted by appointing Mr.Nagaraj Saveethkumar, a Member of the Committee as the Chairman of the Committee in place of Mr.S.P.Sivanandam. Post reconstitution, the composition of the Nomination and Remuneration Committee shall be as follows: Mr. Nagaraj Saveethkumar as Chairman; Mr. P.Ganesan, Mr. S.P.Sivanandam and Mrs. M.Sasikala as members. As per Regulation 20 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Stakeholders Relationship Committee has been reconstituted by appointing Mr. Nagaraj Saveethkumar, a Member of the Committee as the Chairman of the Committee in place of Mr. P.Ganesan. Post reconstitution, the composition of the Stakeholders Relationship Committee shall be as follows: Mr. Nagaraj Saveethkumar as Chairman; Mr. P.Ganesan, Mr. S.P.Sivanandam and Mr. E.V.Muthukumara Ramalingam as members. Announcement • Sep 02
Velan Hotels Limited, Annual General Meeting, Sep 27, 2023 Velan Hotels Limited, Annual General Meeting, Sep 27, 2023, at 11:45 Indian Standard Time. Agenda: To receive, consider and adopt the Balance Sheet as of March 31, 2023 and the Statement of Profit and Loss for the year ended on that date, the Cash Flow Statement and the Reports of Directors and Auditors thereon; to consider and appoint a Director in place of Mr. M.R.Gautham having who retires by rotation and being eligible, offers himself for re- appointment; to consider alteration of the Main Object clause of the Memorandum of Association of the company; to consider the re-appointment of Mr.E.V.Muthukumara Ramalingam as Managing Director; and to consider other matter also. New Risk • Aug 17
New major risk - Revenue and earnings growth Earnings have declined by 8.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.0% per year over the past 5 years. Revenue is less than US$1m (₹70k revenue, or US$841). Market cap is less than US$10m (₹173.6m market cap, or US$2.09m). Announcement • Aug 04
Velan Hotels Limited to Report Q1, 2024 Results on Aug 14, 2023 Velan Hotels Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Announcement • May 19
Velan Hotels Limited to Report Q4, 2023 Results on May 29, 2023 Velan Hotels Limited announced that they will report Q4, 2023 results on May 29, 2023 Announcement • Jan 31
Velan Hotels Limited to Report Q3, 2023 Results on Feb 10, 2023 Velan Hotels Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Announcement • Nov 03
Velan Hotels Limited to Report Q2, 2023 Results on Nov 12, 2022 Velan Hotels Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₹7.96, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 33x in the Hospitality industry in India. Total returns to shareholders of 136% over the past three years. Announcement • Sep 03
Velan Hotels Limited, Annual General Meeting, Sep 29, 2022 Velan Hotels Limited, Annual General Meeting, Sep 29, 2022, at 11:45 Indian Standard Time. Agenda: To consider and adopt the Balance Sheet as at March 31, 2022 and Statement of Profit and Loss for the year ended on that date, the Cash Flow Statement and the Reports of Directors and Auditors thereon; to appoint a Director in place of Mr. M.R.Gautham; to re-appoint the Statutory Auditor of the Company; and to consider other matter. Announcement • May 21
Velan Hotels Limited to Report Q4, 2022 Results on May 30, 2022 Velan Hotels Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 23% share price gain to ₹8.62, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 66x in the Hospitality industry in India. Total returns to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹7.65, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 53x in the Hospitality industry in India. Total returns to shareholders of 91% over the past three years. Announcement • Feb 04
Velan Hotels Limited to Report Q3, 2022 Results on Feb 14, 2022 Velan Hotels Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 27% share price gain to ₹7.49, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 98x in the Hospitality industry in India. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹3.77, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 111x in the Hospitality industry in India. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹4.88, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 98x in the Hospitality industry in India. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improved over the past week After last week's 15% share price gain to ₹4.28, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 95x in the Hospitality industry in India. Total loss to shareholders of 30% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹0.02 (vs ₹0.99 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.24m (down 96% from FY 2020). Net income: ₹713.0k (up ₹32.5m from FY 2020). Profit margin: 57% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 03
New 90-day high: ₹2.75 The company is up 5.0% from its price of ₹2.61 on 03 December 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 11% over the same period. Is New 90 Day High Low • Feb 11
New 90-day low: ₹2.28 The company is down 15% from its price of ₹2.68 on 13 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 19% over the same period. Announcement • Feb 03
Velan Hotels Limited to Report Q3, 2021 Results on Feb 12, 2021 Velan Hotels Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Dec 03
Velan Hotels Limited, Annual General Meeting, Dec 26, 2020 Velan Hotels Limited, Annual General Meeting, Dec 26, 2020, at 12:05 Indian Standard Time. Agenda: To consider the balance sheet as at march 31, 2020 and statement of profit for the year ended on that date; to consider and appoint director in place of Mr Gautham who retires by rotation and offer himself for the reappointment; and to consider any other matters. Announcement • Nov 04
Velan Hotels Limited to Report Q2, 2021 Results on Nov 12, 2020 Velan Hotels Limited announced that they will report Q2, 2021 results on Nov 12, 2020 Is New 90 Day High Low • Oct 16
New 90-day low: ₹2.26 The company is down 43% from its price of ₹3.96 on 17 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. Is New 90 Day High Low • Sep 25
New 90-day low: ₹2.44 The company is down 43% from its price of ₹4.28 on 26 June 2020. The Indian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 15% over the same period. Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total losses of ₹31.9m, with losses widening by 37% from the prior year. Announcement • Sep 06
Velan Hotels Limited to Report Q1, 2021 Results on Sep 14, 2020 Velan Hotels Limited announced that they will report Q1, 2021 results on Sep 14, 2020 Announcement • Jun 28
Velan Hotels Limited to Report Q4, 2020 Results on Jun 30, 2020 Velan Hotels Limited announced that they will report Q4, 2020 results on Jun 30, 2020 
