Best Eastern Hotels Ltd
₹ 16.2
-0.49%
22 Nov
- close price
About
Incorporated in 1943, The Best Eastern Hotels Limited is primarily engaged in the business of hospitality. The company owns, manages and operates a resort by the name of Usha Ascot.
Key Points
- Market Cap ₹ 27.3 Cr.
- Current Price ₹ 16.2
- High / Low ₹ 26.1 / 14.5
- Stock P/E 170
- Book Value ₹ 1.53
- Dividend Yield 0.00 %
- ROCE 10.0 %
- ROE 6.21 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 10.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.50% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Hotels & Restaurants Industry: Hotels
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.50 | 4.64 | 4.85 | 5.09 | 4.77 | 4.79 | 5.18 | 4.30 | 2.34 | 4.15 | 6.04 | 6.21 | 6.34 | |
| 3.30 | 3.50 | 3.52 | 3.74 | 3.69 | 3.69 | 3.95 | 3.85 | 2.14 | 3.68 | 4.76 | 5.10 | 5.22 | |
| Operating Profit | 1.20 | 1.14 | 1.33 | 1.35 | 1.08 | 1.10 | 1.23 | 0.45 | 0.20 | 0.47 | 1.28 | 1.11 | 1.12 |
| OPM % | 26.67% | 24.57% | 27.42% | 26.52% | 22.64% | 22.96% | 23.75% | 10.47% | 8.55% | 11.33% | 21.19% | 17.87% | 17.67% |
| 0.12 | 0.16 | 0.03 | 0.06 | 0.16 | 0.05 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.09 | |
| Interest | 0.14 | 0.19 | 0.23 | 0.32 | 0.31 | 0.26 | 0.17 | 0.15 | 0.17 | 0.14 | 0.20 | 0.24 | 0.24 |
| Depreciation | 0.45 | 0.49 | 0.62 | 0.72 | 0.71 | 0.69 | 0.69 | 0.70 | 0.65 | 0.64 | 0.61 | 0.66 | 0.67 |
| Profit before tax | 0.73 | 0.62 | 0.51 | 0.37 | 0.22 | 0.20 | 0.39 | -0.40 | -0.62 | -0.30 | 0.48 | 0.22 | 0.30 |
| Tax % | 27.40% | 35.48% | 25.49% | 29.73% | 36.36% | -30.00% | 28.21% | -12.50% | -8.06% | -30.00% | 2.08% | 36.36% | |
| 0.53 | 0.39 | 0.38 | 0.26 | 0.15 | 0.25 | 0.28 | -0.35 | -0.57 | -0.21 | 0.46 | 0.14 | 0.16 | |
| EPS in Rs | 0.31 | 0.23 | 0.23 | 0.15 | 0.09 | 0.15 | 0.17 | -0.21 | -0.34 | -0.12 | 0.27 | 0.08 | 0.10 |
| Dividend Payout % | 47.83% | 43.33% | 44.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 4% |
| 3 Years: | 38% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -13% |
| 3 Years: | 31% |
| TTM: | -72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 21% |
| 3 Years: | -14% |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -4% |
| 3 Years: | 6% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 | 1.69 |
| Reserves | 1.37 | 1.40 | 1.28 | 1.53 | 1.68 | 1.94 | 1.87 | 1.52 | 0.95 | 0.73 | 0.50 | 0.63 | 0.88 |
| 3.12 | 3.10 | 4.13 | 4.31 | 3.75 | 3.35 | 2.64 | 2.49 | 2.53 | 2.12 | 2.29 | 2.40 | 1.91 | |
| 1.75 | 1.94 | 2.09 | 1.69 | 1.57 | 1.26 | 1.23 | 1.04 | 0.91 | 1.00 | 1.38 | 1.06 | 1.26 | |
| Total Liabilities | 7.93 | 8.13 | 9.19 | 9.22 | 8.69 | 8.24 | 7.43 | 6.74 | 6.08 | 5.54 | 5.86 | 5.78 | 5.74 |
| 7.10 | 6.91 | 7.96 | 8.43 | 7.78 | 7.35 | 6.86 | 6.30 | 5.69 | 5.15 | 4.95 | 5.18 | 4.99 | |
| CWIP | 0.00 | 0.49 | 0.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.83 | 0.73 | 0.92 | 0.79 | 0.91 | 0.89 | 0.57 | 0.44 | 0.39 | 0.39 | 0.67 | 0.60 | 0.75 | |
| Total Assets | 7.93 | 8.13 | 9.19 | 9.22 | 8.69 | 8.24 | 7.43 | 6.74 | 6.08 | 5.54 | 5.86 | 5.78 | 5.74 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.06 | 1.34 | 1.25 | 2.05 | 0.13 | 1.00 | 1.13 | 0.60 | 0.25 | 0.62 | 0.87 | 0.38 | |
| -0.83 | -0.79 | -1.63 | -0.87 | -0.04 | -0.26 | -0.19 | -0.14 | -0.04 | -0.09 | -1.00 | -0.40 | |
| -0.19 | -0.59 | 0.50 | -1.23 | -0.07 | -0.66 | -1.06 | -0.47 | -0.20 | -0.54 | 0.10 | -0.01 | |
| Net Cash Flow | 0.04 | -0.04 | 0.12 | -0.06 | 0.02 | 0.08 | -0.13 | -0.02 | 0.01 | -0.01 | -0.03 | -0.03 |
Ratios
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 12.17 | 6.29 | 6.02 | 2.87 | 9.95 | 12.95 | 1.41 | 0.85 | 1.56 | 1.76 | 0.00 | 4.11 |
| Inventory Days | 53.68 | 51.53 | 70.00 | 53.68 | 67.38 | 75.52 | 83.25 | 89.53 | 68.44 | 48.21 | ||
| Days Payable | 69.78 | 55.82 | 115.00 | 123.46 | 89.85 | 88.10 | 32.02 | 103.30 | 68.44 | 55.09 | ||
| Cash Conversion Cycle | -3.94 | 2.00 | -38.98 | -66.91 | -12.51 | 0.37 | 52.64 | -12.92 | 1.56 | -5.13 | 0.00 | 4.11 |
| Working Capital Days | -22.71 | -40.12 | -48.16 | -22.23 | -15.30 | -9.91 | -25.37 | -28.86 | -49.91 | -43.10 | -41.70 | -24.69 |
| ROCE % | 13.95% | 13.10% | 11.14% | 9.30% | 6.96% | 6.52% | 8.50% | -4.20% | -8.28% | -3.30% | 15.08% | 10.00% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
20 Nov - Resignation of Company Secretary Pritam Paul effective November 19, 2024.
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Non-Applicability Of Disclosure Under Regulation 23(9) Of SEBI (LODR) Regulations, 2015- Disclosure Of Related Party Transactions Unaudited Accounts For The Half Year Ended September 30, 2024.
31 Oct - Non-applicability of related party transaction disclosure.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Oct - Regulatons, 2015, the Company has published its financial results for the second quarter and half year ended 30th September 2024 in today''s edition of Financial …
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Appointment of Company Secretary and Compliance Officer
29 Oct - Board meeting outcome including financial results and appointments.
- Standalone Unaudited Financial Statements For The Quarter And Half Year Ended On 30Th September, 2024 28 Oct
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Services Offered:[1]
At Matheran, the company's Usha Ascot is the only air-conditioned resort in its vicinity. The resort has services like:
a) Accommodation:[2]
The company provides different kinds of accommodations in the resort such as Luxury Villa, Ascot Suite, Executive Deluxe, Deluxe Rooms, etc.
b) Facilities:[3]
The resort provides a Pure Veg restaurant by the name of The Ascot Eatery.
A Bar by the name of The Ascot High Spirit.
A Health Club having a Steam room, a Sauna room, two hot water Jacuzzi, and Massage facility.
A theme discotheque by the name of The Rainforest.
Indoor/Outdoor recreation facilities like, Table Tennis, Carom Boards, Pool Table, Chess etc. Children Play Park, Badminton court, Swimming Pool, etc.
Conference Facilities like Mel Milap Hall and The Brain Stormer