Bharat Hotels Limited Unlisted Shares

Bharat Hotels Ltd.

Bharat Hotels Ltd. was incorporated in the year -1981. Its today’s share price is 28.85. Its current market capitalisation stands at Rs 219.23 Cr. In the latest quarter, company has reported Gross Sales of Rs. 0 Cr and Total Income of Rs.0 Cr. The company’s management includes Shovana Narayan, Himanshu Pandey, Ranjan Mathai, Dhruv Prakash, Vivek Mehra, Mohmmad Yousuf Khan, Ramesh Suri, Keshav Suri, Deeksha Suri, Divya Suri Singh, Jyotsna Suri, Jyotsna Suri. It is listed on the BSE with a BSE Code of 508984, NSE with an NSE Symbol of and ISIN of INE466A01015. It’s Registered office is at Barakhamba Lane, New Delhi-110001, Delhi. Their Registrars are ACC Ltd. It’s auditors are SR Batliboi & Associates, SR Batliboi & Associates LLP, SR Batliboi & Co LLP, Walker Chandiok & Co LLP.

Bharat Hotels has received markets regulator Securities and Exchange Board of India’s (SEBI) approval to raise funds through an initial public offering (IPO). The IPO comprises sale of fresh equity shares to the tune of Rs 1,200 crore. The company, which filed the draft red herring prospectus with the SEBI in June, got the regulator’s approval.

Financials of Bharat Hotels Unlisted Shares:

Key Parameters in Hotel Industry

Sr.no	2018	2017	2016	2015	2014
Number of available rooms	2261	2206	2207	2207	2046
Number of hotels	14	13	13	13	12
ARR (₹)	6388	6306	6320	6613	7346
Average Occupancy Rate (%)	62	55	51	45	38
Average RevPAR (₹)	3974	3494	3200	2973	2813
Average TRevPAR (₹)	9143	8256	7679	6949	6461
Average expense per room (₹ million)	2.35	2.13	2.01	1.86	1.77
Average staff per room ratio	1.69	1.68	1.66	1.57	1.69
EBITDA (₹ million)	2242	1954	1777	1227	781
EBITDA margin (%)	29.71%	29.42%	28.66%	23.04%	17.78%

Financials Performance (Fig. in Crores)

Year	Revenue	EBITDA	OPM	PAT	NPM	Shares	F.V.	EPS
2016	586	163	28%	-40	-7%	7.60	10	-5.37
2017	629	191	30%	-16	-3%	7.60	10	-2.15
2018	754	224	30%	83	11%	7.60	10	11.04
2019	811	250	31%	28	4%	7.60	10	3.74
2020	729	221	30%	-73	-10%	7.60	10	-9

Year	Debt	NW	D/E	CR	CFO	Capex	FCF
2016	1116	963	1.16	0.58	140	60	79
2017	1247	940	1.33	0.78	188	72	116
2018	1365	962	1.42	0.41	218	115	102
2019	1333	983	1.36	0.38	237	75	162
2020	1348	869	0.64	0.60	245	40	205

Comparison With Peers:

Particulars (Cr)	Lemon Tree	Bharat Hotel
Revenue (2020)	669	729
Revenue growth in 5 years	16%	5.61%
EBITDA (2020)	236	221
PAT (2020)	-10	-73
Share Price	45	250
MCAP	3500	1900
EV	5305	3198
EV/EBITDA	22.48	14.47

Buy shares of Chennai Super Kings Buy Shares of ONE97 COMMUNICATIONS Buy shares of Hdb financial services Buy shares of Bharat Nidhi ltd Buy shares of Paytm Buy Shares of Indofil industries ltd

Blog