Benares Hotels

₹10,300As of Sun 8 Nov 2026, 12:00 UTC

NSE:BENARAS—

Country India

PE (Fwd) 22.15

TSR 10Y CAGR —

Div yield 0.24%

ROE —

Hotels and Motels

Beta (5Y) 0.14

PE TTM 30.97

TSR TTM —

Mkt cap ₹13.61B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹11,457

11.23%

(59.03%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

1.391

Revenue₹B

—

0.498

0.933

1.206

1.355

1.391

1.648

29.26%

2.71

Revenue growth%

—

87.25

29.19

12.36

2.71

18.43

20.77

—

77.44

Gross margin%

—

68.73

75.82

77.53

78.86

77.44

77.66

77.44

38.00

Operating margin%

—

16.57

32.30

37.31

39.34

38.00

38.49

37.31

31.08

Net margin%

—

11.34

25.05

29.90

31.93

31.08

31.50

29.90

30.97

P/E ratio (avg)x

—

25.79

—

25.33

EV/EBITx

—

21.11

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

332.61

EPS₹

—

43.48

179.85

277.25

332.69

332.61

399.34

66.30%

—

(0.02)

EPS growth%

—

313.61

54.16

19.99

(0.02)

20.06

37.08

—

Bookvalue per sh₹

—

FCF per share₹

—

25.00

Dividend per sh₹

—

10.00

20.00

25.00

26.01

25.74%

—

0.24

Div yield (avg)%

—

0.25

—

7.52

Payout ratio%

—

23.00

11.12

9.02

7.51

7.52

6.51

9.02

1.300

Shares (diluted)M

—

1.300

◌1.300

—

Buyback yield%

—

◌—

—

D/E ratiox

—

13.39

Enterprise value₹B

—

13.39

—

LT debt₹M

—

Peers (US$141.2M)

Cap (US$)

Mac Charles (India)…

93.43M

—

U.P. Hotels Limited

86.54M

22.35x

Sayaji Hotels Limited

54.11M

463.5x

Pyramisa Hotels…

141.7M

9.161x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

136.2

119.7

Own earn%

—

Sh yield%

0.24

—

Owners

Insiders/Inst%

18.04

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

17–39

$1 testx

—

Incr. ROIC%

—

Benares Hotels Limited operates hotels in India. It operates hotels under the Taj Ganges and Taj Nadesar Palace names in Varanasi and The Ginger Hotel name in Gondia, Maharashtra. The company was incorporated in 1971 and is headquartered in New Delhi, India.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹1.391B

29.26%

1.00×

Cost of revenue

₹313.9M

19.14%

0.72×

Operating expenses

₹548.7M

20.53%

0.76×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m