Benares Hotels Limited

Hospitality company with hotels in Varanasi and Gondia, part of Indian Hotels Company Limited.

1971 | Varanasi, Uttar Pradesh (India) | Active
Last Updated:

Benares Hotels Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 53 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.07 Cr
  • Revenue Growth 89.89%
  • Profit Growth 313.61%
  • Ebitda 147.28%
  • Net Worth 28.18%
  • Total Assets 26.55%

About Benares Hotels

Benares Hotels Limited (BHL) was founded in India on 03 November 1971 and has a glorious history of 53 years and five months. Its registered office is in Varanasi, Uttar Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509438.

The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.30 Cr.

The company currently has active open charges totaling ₹15.07 Cr.

The Key Managerial Personnel (KMP) at Benares Hotels Limited India are Vishal Singh as Ceo, Vanika Mahajan as Company Secretary, and Mannepu Veeramani as Cfo. Moiz Miyajiwala, Puneet Raman, Anita Belani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L55101UP1971PLC003480

  • Company No.

    003480

  • Stock Symbol

    BSE : 509438

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1971

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kanpur

Industry

Travel and Hospitality
Company report

Benares Hotels Limited

Explore comprehensive data for Benares Hotels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Benares Hotels?

Executive Team (3)

NameDesignationAppointment DateStatus
Vishal Singh CEO09-May-2023Current
Vanika Mahajan Country flag representing In Company Secretary03-May-2016Current
Mannepu Veeramani CFO15-Mar-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Rohit Khosla Country flag representing In Director 07-May-2015Current
Moiz Miyajiwala Country flag representing In Director 24-Jan-2017Current
Anita Belani Country flag representing In Additional Director 14-Jan-2025Current
Puneet Raman Country flag representing In Director 17-Sep-2018Current
Beejal Desai Country flag representing In Director 08-Feb-2023Current
Anant Singh Country flag representing In Director 31-Jan-2001Current

Financial Performance of Benares Hotels.

Benares Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.89% increase. The company also saw a substantial improvement in profitability, with a 313.61% increase in profit. The company's net worth Soared by an impressive increase of 28.18%.

Benares Hotels revenue growth over time
Benares Hotels profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
89.89%
Revenue from Operations
87.25%
Total Assets
26.55%
Profit or Loss
313.61%
Net Worth
28.18%
EBITDA
147.28%

What is the Ownership and Shareholding Structure of Benares Hotels?

In 2023, Benares Hotels had a promoter holding of 62.57% and a public holding of 37.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.07 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr
  • Industrial Finance Corporation Of India : 2.19 Cr
  • The Industrial Finance Corporation Of India : 1.40 Cr
  • Industrial Development Bank Of India : 0.56 Cr
  • The Pradeshiya Ind. Investment Cor. Of Uttar Pradesh Ltd. : 0.30 Cr
  • Others : 0.63 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2020Axis Bank Limited₹10.00 CrOpen
06 Nov 1990Industrial Finance Corporation Of India₹1.52 CrOpen
28 Mar 1990The Industrial Finance Corporation Of India₹1.25 CrOpen
14 Mar 1987Canara Bank₹1.50 MOpen
14 Mar 1987Canara Bank₹1.50 MOpen

How Many Employees Work at Benares Hotels?

Benares Hotels has a workforce of 185 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Benares Hotels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Benares Hotels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Benares Hotels's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Benares Hotels

Recent activity within the organization

  • Director Appointment

    Anita Belani was appointed as a Additional Director was appointed as a Additional Director on 14 Jan 2025 & has been associated with this company since 3 months .

  • Annual General Meeting

    Benares Hotels Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Benares Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Director Appointment

    Mannepu Venkata Veeramani was appointed as a Cfo was appointed as a Cfo on 15 Mar 2024 & has been associated with this company since 1 year 30 days .

  • Director Appointment

    Vishal Singh was appointed as a Ceo was appointed as a Ceo on 09 May 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Beejal Akshaykumar Desai was appointed as a Director was appointed as a Director on 08 Feb 2023 & has been associated with this company since 2 years 2 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Benares Hotels Limited?

    Benares Hotels Limited was incorporated on 03 Nov 1971.

  • What is authorized share capital and paid-up capital of Benares Hotels Limited?

    The authorized share capital of Benares Hotels Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.30 Cr.

  • Who are the current board members & directors of Benares Hotels Limited?

    Currently 9 directors are associated with Benares Hotels Limited.

    • Moiz Mohsin Miyajiwala
    • Puneet Raman
    • Anita Belani
    • Rohit Khosla
    • Vishal Singh
    • Vanika Mahajan
    • Beejal Akshaykumar Desai
    • Anant Narain Singh
    • Mannepu Venkata Veeramani

  • What is the registered address of Benares Hotels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Benares Hotels Limited is Hotel Taj Gangesnadesar Palace Compound Varanasi India, Uttar Pradesh, 221002.

  • What is the corporate identification number (CIN) and company number of Benares Hotels Limited?

    The corporate identification number (CIN) of Benares Hotels Limited is L55101UP1971PLC003480 and the company number is 003480 as per Ministry of Corporate Affairs (MCA).

  • Is Benares Hotels Limited registered with any stock exchange in India?

    Yes, Benares Hotels Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Benares Hotels Limited?

    The Official website of Benares Hotels Limited is https://www.benareshotelslimited.com

  • What has been the recent revenue trend for Benares Hotels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Benares Hotels Limited has risen by 89.89%.

  • How many employees does Benares Hotels Limited currently have?

    As Per 2023 financial reports, 185 employees are currently employed by Benares Hotels Limited.

  • What change has been observed in the net worth of Benares Hotels Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Benares Hotels Limited has experienced an upsurge of 28.18%.

  • What are the total open charges for Benares Hotels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Benares Hotels Limited amount to ₹ 15.07 Cr.

  • When was the last Balance Sheet of Benares Hotels Limited filed with the ROC?

    The most recent Balance Sheet for Benares Hotels Limited was filed with the ROC on 31 Mar 2024.

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