BENARES HOTELS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9,089 INR | +0.88% |
|
-0.57% | +1.42% |
| 04-19 | Benares Hotels Limited Reports Earnings Results for the Full Year Ended March 31, 2024 | CI |
| 04-19 | Benares Hotels Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,495 | 2,036 | 1,681 | 1,663 | 2,652 | 4,222 |
| Enterprise Value (EV) 1 | 1,489 | 2,062 | 1,753 | 1,742 | 2,626 | 3,960 |
| P/E ratio | 23.1 x | 23.3 x | 15.8 x | -31.8 x | 46.9 x | 18.1 x |
| Yield | 1.3% | 0.96% | 0.58% | - | 0.49% | 0.62% |
| Capitalization / Revenue | 3.15 x | 3.41 x | 2.64 x | 6.86 x | 5.32 x | 4.52 x |
| EV / Revenue | 3.14 x | 3.46 x | 2.75 x | 7.19 x | 5.27 x | 4.24 x |
| EV / EBITDA | 13.5 x | 12 x | 8.55 x | 1,147 x | 18.2 x | 11 x |
| EV / FCF | -18.1 x | -60.9 x | -55.5 x | -3,602 x | 20.5 x | 18.4 x |
| FCF Yield | -5.52% | -1.64% | -1.8% | -0.03% | 4.88% | 5.42% |
| Price to Book | 2.29 x | 2.84 x | 2.15 x | 2.3 x | 3.41 x | 4.23 x |
| Nbr of stocks (in thousands) | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 |
| Reference price 2 | 1,150 | 1,566 | 1,293 | 1,279 | 2,040 | 3,248 |
| Announcement Date | 7/12/18 | 5/30/19 | 9/1/20 | 8/10/21 | 8/11/22 | 8/1/23 |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 474.3 | 596.8 | 636.4 | 242.4 | 498.4 | 933.2 |
| EBITDA 1 | 110.6 | 172.4 | 205 | 1.518 | 144.2 | 360.8 |
| EBIT 1 | 83.12 | 122.2 | 143.7 | -65.42 | 82.58 | 301.5 |
| Operating Margin | 17.53% | 20.48% | 22.58% | -26.99% | 16.57% | 32.3% |
| Earnings before Tax (EBT) 1 | 78.48 | 121.8 | 135 | -69.68 | 77.08 | 312.8 |
| Net income 1 | 64.83 | 87.23 | 106.1 | -52.29 | 56.53 | 233.8 |
| Net margin | 13.67% | 14.62% | 16.68% | -21.57% | 11.34% | 25.05% |
| EPS 2 | 49.87 | 67.10 | 81.63 | -40.22 | 43.48 | 179.8 |
| Free Cash Flow 1 | -82.18 | -33.86 | -31.58 | -0.4835 | 128 | 214.8 |
| FCF margin | -17.33% | -5.67% | -4.96% | -0.2% | 25.69% | 23.02% |
| FCF Conversion (EBITDA) | - | - | - | - | 88.8% | 59.55% |
| FCF Conversion (Net income) | - | - | - | - | 226.51% | 91.88% |
| Dividend per Share 2 | 15.00 | 15.00 | 7.500 | - | 10.00 | 20.00 |
| Announcement Date | 7/12/18 | 5/30/19 | 9/1/20 | 8/10/21 | 8/11/22 | 8/1/23 |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 26.5 | 71.8 | 78.4 | - | - |
| Net Cash position 1 | 6.09 | - | - | - | 26.1 | 262 |
| Leverage (Debt/EBITDA) | - | 0.1537 x | 0.3501 x | 51.62 x | - | - |
| Free Cash Flow 1 | -82.2 | -33.9 | -31.6 | -0.48 | 128 | 215 |
| ROE (net income / shareholders' equity) | 10.3% | 12.7% | 14.1% | -6.95% | 7.53% | 26.3% |
| ROA (Net income/ Total Assets) | 6.2% | 8.23% | 8.92% | -4.18% | 5.55% | 17.5% |
| Assets 1 | 1,046 | 1,059 | 1,190 | 1,251 | 1,019 | 1,337 |
| Book Value Per Share 2 | 502.0 | 552.0 | 602.0 | 556.0 | 599.0 | 767.0 |
| Cash Flow per Share 2 | 37.00 | 8.620 | 14.00 | 9.450 | 5.690 | 75.50 |
| Capex 1 | 283 | 168 | 152 | 13.5 | 3.87 | 15.6 |
| Capex / Sales | 59.76% | 28.08% | 23.85% | 5.57% | 0.78% | 1.67% |
| Announcement Date | 7/12/18 | 5/30/19 | 9/1/20 | 8/10/21 | 8/11/22 | 8/1/23 |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +1.42% | 140M | |
| +23.59% | 13.19B | |
| -13.98% | 7.22B | |
| -11.71% | 5.75B | |
| +4.50% | 5.74B | |
| +0.33% | 3.9B | |
| +12.13% | 2.76B | |
| +7.03% | 2.55B | |
| -3.78% | 2.29B | |
| +9.62% | 2.16B |
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- Financials Benares Hotels Limited
