Benares Hotels Ltd Stock Price Today (NSE: BENARAS)

Benares Hotels Ltd

10564.10+65.90 (+0.63%)
Market Closed

Fundamental Score

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Benares Hotels Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Benares Hotels Ltd share price today is 10564.10, up +0.63% on NSE/BSE as of 17 June 2026. Benares Hotels Ltd (BENARAS) is a Small-cap company in the Hotels & Resorts sector with a market capitalisation of 1.22K (Cr). The 52-week high for BENARAS share price is 10860.00 and the 52-week low is 8999.95. At a P/E ratio of 28.09x, BENARAS is currently trading below its industry average P/E of 37.87x. The company has a Return on Equity (ROE) of 28.29% and a debt-to-equity ratio of 0.02.

Benares Hotels Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
10599.95
Low
9711.00
Volume
649.8636363636364
Change
+1.87%

Benares Hotels Ltd share price chart: 1.87% return over the past month. 52-week high ₹10860.00, 52-week low ₹8999.95.

Benares Hotels Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
10200.0510740.0010030.0510200.00546.00 (Cr)
10050.0010859.0010050.0010255.00441.00 (Cr)
10150.0510300.059800.0510230.251.52K (Cr)
10149.9510300.0010006.2510199.00392.00 (Cr)
10149.9510280.0510049.9510093.20217.00 (Cr)
10000.0510599.9510000.0010361.45511.00 (Cr)
10001.0010015.009970.0010015.00109.00 (Cr)
10005.0010010.0010000.0010000.00252.00 (Cr)
10000.8510005.0010000.0010000.25135.00 (Cr)
10000.0510009.0010000.0010000.00128.00 (Cr)

Benares Hotels Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
10050.0010859.0010030.0510200.00+1.49%
10012.0510599.959711.0010230.25+2.18%
9400.0010700.009311.1010000.80+6.39%
9310.509629.009211.109330.45+0.21%
9797.909797.909362.159504.55-2.99%
9563.959890.009301.009517.80-0.48%
9350.959850.009000.009564.25+2.28%
9301.159440.959299.959351.60+0.54%
9464.059801.009300.009340.55-1.30%
9339.0010860.009238.959561.30+2.38%
9600.009600.008999.959220.10-3.96%
9979.9510100.009401.109474.20-5.07%

AI Research Briefing

Powered by Gemini · 2026-04-10

Expensive Varanasi tourism play; Q4 results on April 29th will decide if the hype is real.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEConsolidation. 1M: 0.1%, 3M: 0.09%, 6M: -4.46% [cite: brief]Expensive. P/E is 28.09x vs Industry P/E of 37.87x [cite: brief], but MarketsMojo sees it as very expensive.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Benares Hotels' board will meet on April 29, 2026, to consider Q4FY26 audited financial results and potentially recommend a final dividend. A special window for re-lodgement of physical share transfer requests is open from February 5, 2026, to February 4, 2027.

CORE STORY (THE REAL GAME)

A play on the Varanasi tourism boom, leveraging its heritage properties (Taj Ganges, Taj Nadesar Palace) and IHCL parentage. Not just hotels, but destination Varanasi itself.

Why Now
  • Q3 FY26 earnings beat
  • New wing operational at Taj Ganges
  • Special window for physical share transfer
Potential Catalysts
  • Strong Q4 results on April 29
  • Increase in Varanasi tourism
  • Positive brokerage reports
Key Risks
  • Small-cap liquidity risk
  • MarketsMojo 'Sell' rating
  • Expensive valuation
Institutional Activity

FII and DII holdings are negligible (0.01% and 0.02% respectively) [cite: brief], suggesting limited institutional interest.

Macro Context

The Indian Hotels & Resorts sector is seeing strong expansion, with IHG planning to triple its presence in the next five years.

Cash Flow Quality

Yes. Free Cash Flow 5Y: ₹96.72 Cr [cite: brief]

3–6 Month Outlook

Next 3-6 months depend on Q4 results and tourist season performance. Watch for occupancy rates and RevPAR.

Primary Thesis Risk

Varanasi tourism boom fades, leaving an overvalued stock.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

28.29%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

37.33%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

38.23%

Average operating profit margin over 5 years

Dividend Yield

0.27%

Annual dividend as % of current share price

Benares Hotels Ltd Valuation Check

Good

Price to Earnings (P/E)

28.09x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

37.87x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

62.58%

% shares held by company founders/management

Poor

FII Holding

0.01%

% shares held by foreign institutional investors

Poor

DII Holding

0.02%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-15.56%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-2.33%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

16.31%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

31.81%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

31.81%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.02x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

150.41x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

96.72 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Benares Hotels Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of BENARAS across key market metrics for learning purposes.

Positive Indicators

12 factors identified

Strong Return on Equity (28.29%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (37.33%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (38.23%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 28.09 vs Industry: 37.87)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (16.31% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (31.81% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (31.81% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.02)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (150.41x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹96.72 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (62.58%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Profit Decline Concern (-15.56%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Limited Institutional Interest (FII+DII: 0.03%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Benares Hotels Ltd vs Hotels & Resorts Peers

Peer Comparison - Hotels & Resorts

Compare Benares Hotels Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
64.3/100
10564
₹1215.50
28.1
Average
28.29%
Excellent
37.33%
Excellent
0.0
Excellent
31.81%
Excellent
16.31%
Excellent
0.27%
50.8/100
668
₹106665.18
63.2
Average
16.12%
Good
17.21%
Good
0.3
Excellent
42.77%
Excellent
13.30%
Good
0.30%
27/100
156
₹43473.25
58.9
Average
6.66%
Poor
9.63%
Poor
0.0
Excellent
0.00%
EIH Limited...
EIHOTEL500840
52.1/100
313
₹23498.00
30.8
Average
17.95%
Good
23.43%
Excellent
0.1
Excellent
38.17%
Excellent
11.44%
Good
0.40%
36/100
800
₹19653.04
34.0
Average
5.77%
Poor
11.13%
Average
0.7
Good
6.16%
Good
11.86%
Good
0.11%
29.6/100
634
₹16797.18
72.6
Average
4.75%
Poor
11.73%
Average
0.5
Good
0.00%
34.5/100
414
₹13926.15
80.1
Average
13.14%
Average
11.98%
Average
0.3
Excellent
0.00%
45.7/100
120
₹12937.43
58.8
Average
18.45%
Good
12.98%
Average
1.7
Average
206.78%
Excellent
13.95%
Good
0.00%
35.1/100
120
₹7002.12
-2.54%
Poor
-1.38%
Poor
0.3
Excellent
11.01%
Good
46.28%
Excellent
0.00%
51.7/100
219
₹6443.95
48.2
Average
19.60%
Good
9.73%
Poor
4.8
Poor
24.32%
Excellent
3.23%
Average
0.00%
52/100
197
₹5442.46
43.7
Average
2.64%
Poor
6.31%
Poor
0.5
Excellent
22.87%
Excellent
11.87%
Good
0.00%

Benares Hotels Ltd PE Ratio History

Historical price-to-earnings ratio for BENARAS — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 2025332.69₹9564.2528.7x
FY 2024277.25₹8179.6529.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Benares Hotels Ltd Dividend History

Annual cash dividends paid by BENARAS — dividend yield 0.27%

Financial YearDividends Paid (₹ Cr)
FY 20253.25 Cr
FY 20242.60 Cr
FY 20231.30 Cr
FY 20210.97 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Benares Hotels Ltd Quarterly Performance

Latest quarterly metrics for BENARAS — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-2.33%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-15.56%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

16.31%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

31.81%

Compounded annual net profit growth over 5 years

Benares Hotels Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for BENARAS — calculated from daily price history

62RSI 14
Neutral — RSI 62

Momentum is balanced — neither overbought nor oversold.

SMA 50
9824
▲ Price above SMA 50 — Short-term bullish
SMA 200
9538
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Benares Hotels Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Benares Hotels Ltd (BENARAS) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Benares Hotels Ltd

About BENARAS (Benares Hotels Ltd)

Benares Hotels Ltd is a distinguished presence in the Indian hospitality sector, steeped in the rich cultural heritage of its namesake city. The company curates unforgettable exper...iences for discerning travelers, blending luxurious accommodations with authentic local traditions. It offers a portfolio of unique properties designed to immerse guests in the heart of India's diverse landscapes and vibrant culture. From majestic palaces that whisper tales of bygone eras to contemporary havens of comfort and convenience, each Benares Hotels property delivers an unparalleled level of service and personalized attention. The commitment to sustainability and responsible tourism practices also ensures that its operations are sensitive to the environment and the local communities. Benares Hotels Ltd distinguishes itself through iconic establishments like the illustrious Taj Ganges and the regal Taj Nadesar Palace, both nestled in the spiritual heartland of Varanasi. These properties offer a harmonious blend of opulence and tranquility, providing guests with a sanctuary of peace amidst the bustling city. The Taj Ganges is a luxurious haven overlooking the sacred river, while the Taj Nadesar Palace, a former royal residence, exudes timeless elegance and grandeur. Beyond Varanasi, Benares Hotels extends its reach with The Ginger Hotel in Gondia, catering to the needs of budget-conscious travelers without compromising on comfort and quality. With a legacy dating back to its incorporation in 1971, Benares Hotels Ltd has consistently upheld its commitment to excellence and innovation. From its strategic headquarters in New Delhi, the company continues to refine its offerings, adapting to the evolving needs of the modern traveler while staying true to its core values of heritage, hospitality, and sustainability. Benares Hotels remains dedicated to preserving the unique character of each property, while delivering world-class service and ensuring that every guest enjoys an exceptional and memorable stay.

Company Details

Symbol:BENARAS
Industry:Hotels & Resorts
Sector:Hotels & Resorts

Key Leadership

Mr. Veeramani Venkata
CFO & Compliance Officer
Ms. Vanika Mahajan
Company Secretary

BENARAS Share Price: Frequently Asked Questions

What is the current share price of Benares Hotels Ltd?

Benares Hotels Ltd (BENARAS) trades at ₹10564.10 on NSE and BSE. Market cap ₹1.22K (Cr). Educational data only.

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

Benares Hotels Ltd has a P/E of 28.09x vs industry average 37.87x.

What is the Bull Run score for Benares Hotels Ltd?

Benares Hotels Ltd has a Bull Run score of 64.3/100 based on 25+ financial parameters.

Does Benares Hotels Ltd pay dividends?

Benares Hotels Ltd has a dividend yield of 0.27%. Past dividends don't guarantee future payments.

What is the ROE of Benares Hotels Ltd?

Benares Hotels Ltd has ROE of 28.29%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Benares Hotels Ltd?

Benares Hotels Ltd has debt-to-equity of 0.02.

Is Benares Hotels Ltd a good investment?

Bull Run gives Benares Hotels Ltd a score of 64.3/100. This is not investment advice — consult a SEBI-registered advisor.