Bharat Hotels Limited Unlisted Shares | Latest Share Price & Updates
Company Overview
Bharat Hotels Limited, incorporated on 22 January 1981 is a public company which develops and operates hotels and beach resorts. Bharat Hotels Limited is a brand of Lalit Suri Hospitality Group which runs 12 luxury hotels and resorts under the brand name “The Lalit” & 2 mid – market segment hotels under the name “The Lalit Traveller”.
Jyotsna Suri has been with the Bharat Hotels group since 1989 and stepped in as the Chairperson in 2006, after the death of her husband Lalit Suri. She has also been the chairman of industry body FICCI in the past. The company offers accommodation, meeting and conference rooms, coffeehouses, shops, bars, restaurants, spa and wellness centers, swimming pools, resorts, dining halls, and other hospitality services.
The group also holds exclusive rights to provide management consultancy services in connection with management of a hotel. The company has its registered office located at Barakhamba Lane, New Delhi and having 12 luxury hotels & resorts located at New Delhi, Bangalore, Mumbai, Kolkata, Srinagar, Chandigarh, Goa, Kerala, Udaipur, Jaipur, Khajuraho and Manager offering 2261 rooms as on 31st March 2021.
Hotels
The luxury hotels operating across India under the brand name “The Lalit” and are grouped into the following four categories:
- Boutique Hotels
- Hotels
- Palaces
- Resorts
| Symbol: | Bharat Hotels Limited |
|---|---|
| Face Value (₹): | 10 |
| ISIN: | INE466A01015 |
| Demat Status: | NSDL & CDSL |
| Lot Size: | 75 Shares |
Board of Directors
| Name | Designation | Profile |
|---|---|---|
| Mr. Vivek Mehra | Director |  |
| Mr. Dhruv Prakash | Director | |
| Ms. Shovana Narayan | Director | |
| Ms. Divya Suri Singh | Wholetime Director | |
| Mr. Keshav Suri | Wholetime Director |  |
| Mr. Mohmmad Yousuf Khan | Director | |
| Ms. Jyotsna Suri | Managing Director | |
| Ms. Deeksha Suri | Wholetime Director | |
Key Business Highlights
- Luxury Travel coming back strongly post Covid and luxury hotels across the industry witness a boom in customer spending.
- High operating margin industry.
- Bharat hotels represent business turnaround opportunities for investors.
- Backed by financially strong Lalit Suri Group.
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | -40% | -95% |
| Net Profit Margin | -19% | -53% |
| Return on Equity | -8% | -12% |
| Debt-Equity | 2.12 | 1.85 |
| Current Ratio | 0.92 | 0.57 |
| Dividend Payout | 0% | 0% |
Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 | 2017-18 |
|---|---|---|---|---|---|
| Total Income (₹ Crores) | 315.39 | 171.91 | 729.21 | 811.07 | 754.52 |
| PAT (₹ Crores) | -58.98 | -90.53 | -73.80 | 28.43 | 83.88 |
| Diluted EPS | -6.40 | -10.11 | -8.34 | 5.27 | 9.87 |
| Book Value per Share (₹) | 95.55 | 103.04 | 114.44 | 129.37 | 126.60 |
| Equity (₹ Crores) | 726.13 | 783.04 | 869.63 | 983.14 | 962.06 |
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| Bharat Hotels Ltd | 1277 | -19% | -5% | -8% | 2.12 | -26.25 | 1.76 | 95.55 |
| Lemon Tree Hotels Ltd | 7700 | -34% | 1% | -11% | 2.04 | -57.12 | 6.04 | 17.69 |
| EIH Associated Hotels Ltd | 1433 | 7% | 5% | 4% | 0.00 | 103.55 | 4.00 | 109.08 |
Media Updates
BHARAT HOTEL GETS SEBI APPROVAL FOR IPO
BHL has filled DRHP with SEBI dated 6th July, 2018 for raising funds via IPO (i.e Initial Public Offering”. Bharat Hotels Ltd proposes to raise Rs. 1200 Crs via fresh issue of shares, which shall be utilized for repayment of certain loans and other general purpose. In Oct 2018 , Bharat Hotel has got approval from SEBI to go ahead with IPO. The lead manager to the issue is HDFC Bank Limited, Edelweiss Financial Services Limited, YES Securities (India) Limited and the Karvy Computershare Private Limited.
The IPO listing shall help BHL to strengthen its “Brand Image” in the market and give opportunity to public shareholders to be the part of Lalit Group, since it currently holds 96.93% promoter holding.
Frequently Asked Questions (FAQs) on Bharat Hotels Unlisted Shares
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.
The procedure to buy the Bharat Hotels unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller.
When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.
The Bharat Hotels shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Bharat Hotels Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.
Before IPO, there is no restriction on sale and transfer of your Bharat Hotels unlisted shares.
But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange.
Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.
If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor.
If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.
The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.
The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.
Yes, NRI’s can also buy and sell Bharat Hotels unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.
