Best Eastern Hotels Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 24-06-2024
- Paid Up Capital ₹ 1.69 Cr
as on 24-06-2024
- Company Age 81 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.54 Cr
as on 24-06-2024
- Satisfied Charges ₹ 8.25 M
as on 24-06-2024
- Revenue 45.83%
(FY 2023)
- Profit 375.93%
(FY 2023)
- Ebitda 167.34%
(FY 2023)
- Net Worth 5.48%
(FY 2023)
- Total Assets 12.96%
(FY 2023)
About Best Eastern Hotels
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 508664.
The Corporate was formerly known as The Mysore Coffe Estates Ltd. 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 1.69 Cr.
The company currently has active open charges totaling ₹2.54 Cr. The company has closed loans amounting to ₹8.25 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Best Eastern Hotels Limited India are Dilip Kothari as CFO and Rajesh Kedia as Company Secretary. Mangal Chheda, Vinaychand Kothari, Dilip Kothari, and Three other members serve as directors at the Company.
- CIN/LLPIN
L99999MH1943PLC040199
- Company No.
040199
- Stock Symbol
BSE : 508664
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 May 1943
- Date of AGM
18 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Best Eastern Hotels Limited offer?
Best Eastern Hotels Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Residential Property, Hotel Booking & Reservation Services, Hospitality Services.
Who are the key members and board of directors at Best Eastern Hotels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinaychand Kothari  | Managing Director | 01-Jun-2009 | Current |
| Dilip Kothari | Managing Director | 01-Jun-2009 | Current |
| Rajesh Kedia | Company Secretary | 12-Feb-2021 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mangal Chheda | Director | 23-Sep-2015 | Current |
| Ramnik Bakshi | Director | 03-Apr-2000 | Current |
| Manohar Tambat | Director | 30-Aug-2003 | Current |
| Neelam Kothari | Director | 20-Mar-2015 | Current |
Financial Performance and Corporate Structure Insights of Best Eastern Hotels.
Best Eastern Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.83% increase. The company also saw a substantial improvement in profitability, with a 375.93% increase in profit. The company's net worth moved up by a moderate rise of 5.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Best Eastern Hotels?
In 2023, Best Eastern Hotels had a promoter holding of 75.00% and a public holding of 25.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
.webp)
Hotel And Restaurant Association (Western India)Active 73 years 10 monthsDilip Kothari is a mutual person
Vandeep Developers LlpActive 12 years 1 monthVinaychand Kothari and Dilip Kothari are mutual person
- Vandeep Impex LlpActive 10 years 2 months
Vinaychand Kothari, Dilip Kothari and 1 more are mutual person
.webp)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 07 Aug 2001 | ₹2.54 Cr | Open |
Union Bank Of India Limited Creation Date: 01 Jun 2006 | ₹0.60 M | Satisfied |
Union Bank Of India Limited Creation Date: 01 Jun 2006 | ₹0.60 M | Satisfied |
How Many Employees Work at Best Eastern Hotels?
Best Eastern Hotels has a workforce of 48 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Best Eastern 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 Best Eastern Hotels's trajectory.
Rating
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
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.
