About Usha Ascot
Usha Ascot is a publicly listed company based in Mumbai (India) founded in 1943. Luxury vegetarian resort accommodations, conferences, and banquets are provided. The company has 48 employees. Its chief executive, as recorded, is Vinay Kothari. Its Indian entity Best Eastern Hotels Limited reported revenue of ₹5.68 Cr. Usha Ascot offers products and services including Accommodation Services and Conference and Banquet Services. Its focus areas include Travel and Hospitality and Tour Operators.
Company details
Founded in 1943 and based in Mumbai, India, the company operates within the hospitality sector. A luxury vegetarian resort is managed, where various accommodation options are offered alongside facilities for conferences and banquets. Spaces are designed to accommodate both corporate events and social gatherings, with all services centered on a vegetarian environment. Operations emphasize structured event hosting and guest lodging in a dedicated resort setting.
- Headquarters Mumbai, India
- Employees 48
- Stage Public
- SectorsTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website ushaascot.com
- Social Facebook Instagram
- Legal Name Best Eastern Hotels Limited
- Market Cap₹23.34 Cr
BESTEAST · BSE
- Share Price₹13.65
-1.44% today
- Revenue₹5.57 Cr
FY 2025-26 · -10.9% YoY
- EBITDA₹0.09 Cr
Margin 1.6%
- Net Profit−₹0.60 Cr
FY 2025-26 · -6100.0% YoY
- Debt / Equity0.40
Interest cover -86.5x
- Employee Count48
Associated legal entities of Usha Ascot
Usha Ascot operates through Best Eastern Hotels Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Best Eastern Hotels Limited Listed CIN L99999MH1943PLC040199 | Active | 23 May 1943 | Mumbai, Maharashtra | ₹5.7 Cr | 48 | 8 | View details |
Products & Services of Usha Ascot
Usha Ascot offers a comprehensive portfolio of products and services, including Accommodation Services and Conference and Banquet Services.
Rooms and facilities are provided for guests at the resort
Spaces and arrangements are offered for conferences and events
Board of directors of Best Eastern Hotels Limited (Usha Ascot)
Best Eastern Hotels Limited is the primary company behind Usha Ascot. The board of Best Eastern Hotels Limited currently have 6 directors; the longest-serving is Manohar Ramchandra Tambat, appointed in 2003. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manohar Ramchandra Tambat DIN 00011062 | Director | 30 Aug 2003 | 23 yrs 1 mo | Best Eastern Hotels Limited |
| Dilip Vinaychand Kothari DIN 00011043 | Managing Director | 01 Jun 2009 | 17 yrs 4 mo | Best Eastern Hotels Limited |
| Vinaychand Yadavsingh Kothari DIN 00010974 | Managing Director | 01 Jun 2009 | 17 yrs 4 mo | Best Eastern Hotels Limited |
| Neelam Dilip Kothari DIN 02312332 | Director | 20 Mar 2015 | 11 yrs 7 mo | Best Eastern Hotels Limited |
| Rahul Ramnik Baxi DIN 10694427 | Director | 16 Jul 2024 | 2 yrs 3 mo | Best Eastern Hotels Limited |
| Jenny Rahul Vijaykar DIN 11195098 | Director | 16 Jul 2025 | 1 yr 3 mo | Best Eastern Hotels Limited |
People of Usha Ascot
2 people are tracked at Usha Ascot (2 in leadership); the tracked headcount is 48.
| Name | Role | Group |
|---|---|---|
Vinay Kothari | Co-CEO | Leadership |
| Co-CEO | Leadership |
Complete people profiles for Usha Ascot
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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IPO & Listings of Usha Ascot
Usha Ascot is a publicly listed company on the BSE with ticker symbol BESTEAST in India, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Nov 2013
- Listed onBSE: 508664
- Listed entityBest Eastern Hotels Limited
- Exchange sectorConsumer services
- ISININE553F01035
- Share price₹14.39 (-0.76% on the day) · 2026-10-14
- Market capitalisation₹24.4 Cr
- EPS (diluted, trailing year)₹-0.24
- Volume (last session)178
Financials of Usha Ascot
Exchange-reported figures of Best Eastern Hotels Limited, the listed company behind Usha Ascot (BSE: BESTEAST).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5.57 | 6.25 | 6.14 | 6.04 | 4.15 | 2.34 | 4.30 |
| Revenue growth | -10.9% | +1.8% | +1.7% | +45.5% | +77.4% | -45.6% | - |
| EBITDA | 0.09 | 0.57 | 1.06 | 1.28 | 0.48 | 0.19 | 0.46 |
| EBITDA margin | +1.6% | +9.1% | +17.3% | +21.2% | +11.6% | +8.1% | +10.7% |
| Profit before tax | (0.58) | 0.00 | 0.22 | 0.48 | (0.29) | (0.63) | (0.39) |
| Net profit | (0.60) | 0.01 | 0.14 | 0.47 | (0.20) | (0.58) | (0.34) |
| Net profit margin | -10.8% | +0.2% | +2.3% | +7.8% | -4.8% | -24.8% | -7.9% |
| EPS (₹) | (0.35) | 0.01 | 0.08 | 0.28 | (0.13) | (0.34) | (0.21) |
| Balance sheet | |||||||
| Total assets | 4.64 | 4.40 | 4.72 | 4.49 | 4.54 | 5.16 | 5.69 |
| Net worth | 2.94 | 3.51 | 3.52 | 3.39 | 3.62 | 3.84 | 4.41 |
| Total debt | 1.70 | 0.89 | 1.20 | 1.09 | 0.92 | 1.33 | 1.29 |
| Cash & bank | 0.06 | 0.05 | 0.04 | 0.08 | 0.12 | 0.14 | 0.13 |
| Net working capital | 0.11 | (0.38) | (0.39) | (0.61) | (0.37) | (0.18) | (0.21) |
| Cash flow | |||||||
| Cash from operations | (0.20) | 0.67 | 0.38 | 0.87 | 0.62 | 0.25 | 0.60 |
| Cash from investing | (0.30) | (0.15) | (0.40) | (1.00) | (0.09) | (0.04) | (0.14) |
| Cash from financing | 0.52 | (0.52) | (0.01) | 0.10 | (0.54) | (0.20) | (0.47) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.95 | 1.07 | 1.44 | 1.26 | 1.80 | 1.33 | 1.62 | 1.43 |
| Revenue growth (YoY) | +8.3% | -19.6% | -11.1% | -11.9% | -3.2% | - | - | - |
| Other income | 0.05 | 0.03 | 0.03 | 0.03 | 0.02 | 0.07 | 0.02 | 0.02 |
| Total expenses | 1.53 | 1.40 | 1.36 | 1.24 | 1.50 | 1.33 | 1.73 | 1.19 |
| EBITDA | 0.42 | (0.33) | 0.08 | 0.02 | 0.30 | 0.00 | (0.11) | 0.24 |
| EBITDA margin | +21.5% | -30.8% | +5.6% | +1.6% | +16.7% | 0.0% | -6.8% | +16.8% |
| Depreciation | 0.12 | 0.08 | 0.12 | 0.14 | 0.11 | (0.01) | 0.16 | 0.16 |
| Interest | 0.04 | 0.17 | 0.05 | 0.04 | 0.03 | 0.14 | 0.02 | 0.02 |
| Profit before tax | 0.31 | (0.55) | (0.06) | (0.13) | 0.18 | (0.06) | (0.27) | 0.08 |
| Tax | 0.01 | 0.00 | (0.02) | (0.04) | 0.08 | (0.02) | (0.07) | 0.02 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.95 | 1.07 | 1.44 | 1.26 | 1.80 | 1.33 | 1.62 | 1.43 |
| Revenue growth (YoY) | +8.3% | -19.6% | -11.1% | -11.9% | -3.2% | - | - | - |
| Other income | 0.05 | 0.03 | 0.03 | 0.03 | 0.02 | 0.07 | 0.02 | 0.02 |
| Total expenses | 1.53 | 1.40 | 1.36 | 1.24 | 1.50 | 1.33 | 1.73 | 1.19 |
| EBITDA | 0.42 | (0.33) | 0.08 | 0.02 | 0.30 | 0.00 | (0.11) | 0.24 |
| EBITDA margin | +21.5% | -30.8% | +5.6% | +1.6% | +16.7% | 0.0% | -6.8% | +16.8% |
| Depreciation | 0.12 | 0.08 | 0.12 | 0.14 | 0.11 | (0.01) | 0.16 | 0.16 |
| Interest | 0.04 | 0.17 | 0.05 | 0.04 | 0.03 | 0.14 | 0.02 | 0.02 |
| Profit before tax | 0.31 | (0.55) | (0.06) | (0.13) | 0.18 | (0.06) | (0.27) | 0.08 |
| Tax | 0.01 | 0.00 | (0.02) | (0.04) | 0.08 | (0.02) | (0.07) | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5.57 | 6.25 | 6.14 | 6.04 | 4.15 | 2.34 | 4.30 |
| Revenue growth | -10.9% | +1.8% | +1.7% | +45.5% | +77.4% | -45.6% | - |
| Other income | 0.11 | 0.13 | 0.08 | 0.01 | 0.01 | 0.00 | 0.00 |
| Total expenses | 5.48 | 5.68 | 5.08 | 4.76 | 3.67 | 2.15 | 3.84 |
| Employee cost | 1.74 | 1.47 | 1.31 | 1.17 | 0.98 | 0.50 | 1.02 |
| EBITDA | 0.09 | 0.57 | 1.06 | 1.28 | 0.48 | 0.19 | 0.46 |
| EBITDA margin | +1.6% | +9.1% | +17.3% | +21.2% | +11.6% | +8.1% | +10.7% |
| Depreciation | 0.46 | 0.48 | 0.66 | 0.61 | 0.64 | 0.65 | 0.70 |
| Interest | 0.32 | 0.22 | 0.26 | 0.20 | 0.14 | 0.17 | 0.15 |
| Profit before tax | (0.58) | 0.00 | 0.22 | 0.48 | (0.29) | (0.63) | (0.39) |
| Tax | 0.02 | (0.01) | 0.08 | 0.01 | (0.09) | (0.05) | (0.05) |
| Net profit | (0.60) | 0.01 | 0.14 | 0.47 | (0.20) | (0.58) | (0.34) |
| Net profit margin | -10.8% | +0.2% | +2.3% | +7.8% | -4.8% | -24.8% | -7.9% |
| EPS (₹) | (0.35) | 0.01 | 0.08 | 0.28 | (0.13) | (0.34) | (0.21) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 2.89 | 2.89 | 2.89 | 2.89 | 2.89 | 2.89 | 2.89 |
| Reserves & surplus | 0.05 | 0.62 | 0.63 | 0.50 | 0.73 | 0.95 | 1.52 |
| Shareholders' funds (net worth) | 2.94 | 3.51 | 3.52 | 3.39 | 3.62 | 3.84 | 4.41 |
| Secured loans | 0.63 | 0.30 | 0.75 | 0.73 | 0.74 | 1.21 | 1.10 |
| Unsecured loans | 1.07 | 0.59 | 0.45 | 0.36 | 0.18 | 0.12 | 0.19 |
| Total debt | 1.70 | 0.89 | 1.20 | 1.09 | 0.92 | 1.33 | 1.29 |
| Total liabilities | 4.64 | 4.40 | 4.72 | 4.49 | 4.54 | 5.16 | 5.69 |
| Assets | |||||||
| Gross block | 10.19 | 10.65 | 10.50 | 9.61 | 9.20 | 9.10 | 9.10 |
| Net block | 4.67 | 4.86 | 5.18 | 4.95 | 5.16 | 5.69 | 6.30 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.24 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.13 | 0.15 | 0.16 | 0.20 | 0.07 | 0.06 | 0.13 |
| Sundry debtors | 0.00 | 0.00 | 0.07 | 0.00 | 0.02 | 0.01 | 0.01 |
| Cash & bank balances | 0.06 | 0.05 | 0.04 | 0.08 | 0.12 | 0.14 | 0.13 |
| Loans & advances | 0.58 | 0.10 | 0.10 | 0.20 | 0.08 | 0.09 | 0.08 |
| Total current assets | 0.77 | 0.30 | 0.37 | 0.48 | 0.29 | 0.30 | 0.35 |
| Total current liabilities | 0.66 | 0.68 | 0.76 | 1.09 | 0.66 | 0.48 | 0.56 |
| Net working capital | 0.11 | (0.38) | (0.39) | (0.61) | (0.37) | (0.18) | (0.21) |
| Total assets | 4.64 | 4.40 | 4.72 | 4.49 | 4.54 | 5.16 | 5.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.05 | 0.04 | 0.07 | 0.10 | 0.12 | 0.13 | 0.14 |
| Net cash from operating activities | (0.20) | 0.67 | 0.38 | 0.87 | 0.62 | 0.25 | 0.60 |
| Net cash from investing activities | (0.30) | (0.15) | (0.40) | (1.00) | (0.09) | (0.04) | (0.14) |
| Net cash from financing activities | 0.52 | (0.52) | (0.01) | 0.10 | (0.54) | (0.20) | (0.47) |
| Net change in cash | 0.02 | 0.00 | (0.03) | (0.03) | (0.01) | 0.01 | (0.02) |
| Closing cash | 0.06 | 0.05 | 0.04 | 0.08 | 0.12 | 0.14 | 0.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -10.9% | +1.8% | +1.7% | +45.5% | +77.4% | -45.6% | - |
| EBITDA growth | -84.2% | -46.2% | -17.2% | +166.7% | +152.6% | -58.7% | - |
| PBT growth | +9997.0% | +9997.0% | -54.2% | +9998.0% | +54.0% | -61.5% | - |
| Net income growth | -6100.0% | -92.9% | -70.2% | +335.0% | +65.5% | -70.6% | - |
| Revenue CAGR (3Y) | -2.7% | +14.6% | +37.9% | +12.0% | -7.1% | -21.2% | -3.4% |
| EBITDA CAGR (3Y) | -58.7% | +5.9% | +77.4% | +40.7% | -26.9% | -44.1% | -24.8% |
| Profitability & leverage | |||||||
| Net income margin | -10.8% | +0.2% | +2.3% | +7.8% | -4.8% | -24.8% | -7.9% |
| Return on capital employed | 0.0% | +4.8% | +10.4% | +14.8% | -3.1% | -8.3% | -4.2% |
| Return on net worth | 0.0% | +0.4% | +6.2% | +20.0% | -8.3% | -19.5% | -10.3% |
| Debt / equity | 0.40 | 0.30 | 0.33 | 0.29 | 0.30 | 0.32 | 0.49 |
| Long-term debt / equity | 0.00 | 0.03 | 0.06 | 0.09 | 0.08 | 0.02 | 0.00 |
| Interest cover | -86.49 | 244.44 | 65.00 | 29.85 | -87.50 | -36.96 | -62.50 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.53 | 0.59 | 0.61 | 0.64 | 0.45 | 0.26 | 0.48 |
| Inventory turnover | 39.79 | 40.32 | 34.11 | 44.74 | 63.85 | 24.63 | 33.08 |
| Debtors turnover | 0.00 | 178.57 | 175.43 | 604.00 | 276.67 | 234.00 | 286.67 |
| EPS (₹) | (0.35) | 0.01 | 0.08 | 0.28 | (0.13) | (0.34) | (0.21) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 1.03 | 1.37 | 1.37 | 1.29 | 1.44 | 1.56 | 1.90 |
Web traffic of Usha Ascot
The website of Usha Ascot (ushaascot.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 58.7% vs previous month
Websites whose visitors overlap most with Usha Ascot. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| westendmatheran.com | 100% | #5,949,721 | View details |
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Frequently Asked Questions about Usha Ascot
Usha Ascot was founded in 1943.
Usha Ascot is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vinay Kothari is the CEO of Usha Ascot, as recorded in our data.
Usha Ascot has 48 employees.
The primary company behind Usha Ascot, Best Eastern Hotels Limited, reported revenue of ₹5.68 Cr for FY 2026, down 11% year on year.
Founded in 1943 and based in Mumbai, India, the company operates within the hospitality sector. A luxury vegetarian resort is managed, where various accommodation options are offered alongside facilities for conferences and banquets. Spaces are designed to accommodate both corporate events and social gatherings, with all services centered on a vegetarian environment. Operations emphasize structured event hosting and guest lodging in a dedicated resort setting.
Usha Ascot offers Accommodation Services and Conference and Banquet Services.
Yes, Usha Ascot is publicly traded on BSE under the ticker symbol BESTEAST.
Usha Ascot operates through Best Eastern Hotels Limited.
The legal entities of Usha Ascot currently have 7 directors, including Manohar Ramchandra Tambat, Neelam Dilip Kothari, Dilip Vinaychand Kothari and others.