About Benares Hotels Limited
Data last updated: 22 December 2025
Benares Hotels Limited is a public limited company based in Uttar Pradesh, Uttar Pradesh, India, a subsidiary of The Indian Hotels Company Limited. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 03 November 1971, the company has been in operation for over 55 years.
Registered with ROC Kanpur under CIN L55101UP1971PLC003480. Listed on BSE: 509438.
Capital: an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.3 Cr. It is led by directors including Anita Belani and Moiz Mohsin Miyajiwala.
Last AGM: 12 August 2025. Financial statements filed for year ended 31 March 2025. Office: Hotel Taj Gangesnadesar Palace Compound Varanasi, Uttar Pradesh, Uttar Pradesh, India – 221002.
As per the financials filed for FY 2025, the company reported a revenue of ₹140.67 Cr, a growth of 14% compared to the previous year.
The company has a workforce of approximately 185 employees as per the latest available data. It operates as a subsidiary of The Indian Hotels Company Limited.
The company is associated with 1 brand - Benares Hotels. As per MCA filings, the company has open charges of ₹15.07 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website benareshotelslimited.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressHotel Taj Gangesnadesar Palace Compound Varanasi, Uttar Pradesh, Uttar Pradesh, India – 221002
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IndustryTravel and Hospitality, Hotel & Accommodation Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Benares Hotels Limited
Benares Hotels Limited operates one associated brand: Benares Hotels. These brands represent Benares Hotels Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Hotels in Varanasi are operated by Benares Hotels Limited. | benareshotelslimited.com |
Competitors & Alternatives of Benares Hotels Limited
Brands and companies operating in the same space as Benares Hotels Limited include Lemon Tree Hotels, FabHotels, Radisson Hotels and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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A chain of hotels and resorts is operated. | Delhi, India, India | 2002 |
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Online hotel booking platform | Gurugram, India, India | 2014 |
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A network of hotels and resorts is operated internationally. | Minnetonka, United States, United States | 1909 |
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Luxury hotels and resorts are owned and operated internationally. | Mumbai, India, India | 1903 |
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Listings of hotels and restaurants are facilitated via the platform. | Mumbai, India, India | 1996 |
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Hospitality management services provider | London, United Kingdom, United Kingdom | 1989 |
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Real estate development services are provided in India. | Gurugram, India, India | 1986 |
Business Activity of Benares Hotels Limited
Benares Hotels Limited is engaged in the principal business activity of accommodation and food service, with detailed activities including accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | ********* |
Auditor Details of Benares Hotels Limited
Benares Hotels Limited is audited by PKF Sridhar & Santhanam LLP (ICAI peer reviewed, certificate valid till 2028-10-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| PKF Sridhar & Santhanam LLP (ICAI peer reviewed, certificate valid till 2028-10-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Benares Hotels Limited
Benares Hotels Limited is currently managed by 10 directors, with 30 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Belani | Director | 14 Jan 2025 | 1 Years 5 Months | Current |
| Moiz Mohsin Miyajiwala | Director | 24 Jan 2017 | 9 Years 5 Months | Current |
| Beejal Akshaykumar Desai | Director | 08 Feb 2023 | 3 Years 5 Months | Current |
| Rukmani Raghuvirsinh Gohil | Director | 27 Jun 1988 | 38 Years 0 Months | Current |
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Anant Narain Singh
Also directs:
Kashi Riders Llp, Aditya Dairies Pvt Ltd, Ananta Electric Lamp Works Private Limited and 3 more
|
Director | 31 Jan 2001 | 25 Years 5 Months | Current |
| Rohit Khosla | Director | 07 May 2015 | 11 Years 2 Months | Current |
Financials of Benares Hotels Limited FY 2026 filings available
Benares Hotels Limited reported revenue of ₹139.14 Cr (up 2.71% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹139.14 Cr | ₹135.47 Cr | ₹120.56 Cr | ₹93.33 Cr | ₹49.84 Cr | ₹24.24 Cr | ₹63.64 Cr | ₹59.68 Cr |
| Other Income | ₹5.76 Cr | ₹5.2 Cr | ₹3.24 Cr | ₹1.5 Cr | ₹9.88 Lakh | ₹57.03 Lakh | ₹20.14 Lakh | ₹71.15 Lakh |
| Total Income | ₹144.9 Cr | ₹140.67 Cr | ₹123.8 Cr | ₹94.83 Cr | ₹49.94 Cr | ₹24.81 Cr | ₹63.84 Cr | ₹60.39 Cr |
| Cost of Materials Consumed | ₹10.64 Cr | ₹10.15 Cr | ₹10.14 Cr | ₹8.36 Cr | ₹4.46 Cr | ₹2.75 Cr | ₹6.2 Cr | ₹5.88 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹17.91 Cr | ₹16.02 Cr | ₹14.28 Cr | ₹11.72 Cr | ₹9.5 Cr | ₹7.99 Cr | ₹11.24 Cr | ₹10.6 Cr |
| Finance Costs | ₹38.83 Lakh | ₹38.16 Lakh | ₹37.57 Lakh | ₹36.77 Lakh | ₹64.81 Lakh | ₹99.7 Lakh | ₹1.08 Cr | ₹75.8 Lakh |
| Depreciation & Amortisation | ₹6.81 Cr | ₹6.03 Cr | ₹5.9 Cr | ₹6.01 Cr | ₹6.36 Cr | ₹6.93 Cr | ₹6.38 Cr | ₹5.23 Cr |
| Other Expenses | ₹50.97 Cr | ₹49.98 Cr | ₹45.01 Cr | ₹37.09 Cr | ₹21.26 Cr | ₹13.1 Cr | ₹25.45 Cr | ₹25.74 Cr |
| Total Expenses | ₹86.71 Cr | ₹82.56 Cr | ₹75.71 Cr | ₹63.55 Cr | ₹42.23 Cr | ₹31.78 Cr | ₹50.34 Cr | ₹48.21 Cr |
| Profit Before Exceptional Items & Tax | ₹58.2 Cr | ₹58.11 Cr | ₹48.09 Cr | ₹31.28 Cr | ₹7.71 Cr | -₹6.97 Cr | ₹13.5 Cr | ₹12.18 Cr |
| Exceptional Items | -₹13.34 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹58.06 Cr | ₹58.11 Cr | ₹48.09 Cr | ₹31.28 Cr | ₹7.71 Cr | -₹6.97 Cr | ₹13.5 Cr | ₹12.18 Cr |
| Total Tax Expense | ₹14.83 Cr | ₹14.86 Cr | ₹12.04 Cr | ₹7.9 Cr | ₹2.06 Cr | -₹1.74 Cr | ₹2.88 Cr | ₹3.45 Cr |
| Net Profit | ₹43.24 Cr | ₹43.25 Cr | ₹36.04 Cr | ₹23.38 Cr | ₹5.65 Cr | -₹5.23 Cr | ₹10.61 Cr | ₹8.72 Cr |
| Other Comprehensive Income | -₹7.5 Lakh | ₹0 | -₹22.13 Lakh | -₹14.23 Lakh | -₹5.05 Lakh | ₹12.54 Lakh | -₹12.3 Lakh | ₹2.13 Lakh |
| Total Comprehensive Income | ₹43.16 Cr | ₹43.25 Cr | ₹35.82 Cr | ₹23.24 Cr | ₹5.6 Cr | -₹5.1 Cr | ₹10.49 Cr | ₹8.74 Cr |
| EBITDA (computed) | ₹65.39 Cr | ₹64.52 Cr | ₹54.36 Cr | ₹37.66 Cr | ₹14.72 Cr | ₹96.3 Lakh | ₹20.95 Cr | ₹18.16 Cr |
| Basic EPS | ₹332.61 | ₹332.69 | ₹277.25 | ₹179.85 | ₹43.48 | ₹-40.22 | ₹81.63 | ₹67.10 |
| Diluted EPS | ₹332.61 | ₹332.69 | ₹277.25 | ₹179.85 | ₹43.48 | ₹-40.22 | ₹81.63 | ₹67.10 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹256.79 Cr | ₹195.39 Cr | ₹156.07 Cr | ₹120.32 Cr | ₹95.08 Cr | ₹90.89 Cr | ₹104.8 Cr | ₹96.6 Cr |
| Non-current Assets | ₹160.01 Cr | ₹92.15 Cr | ₹94.57 Cr | ₹81.5 Cr | ₹84.8 Cr | ₹85.76 Cr | ₹93.89 Cr | ₹86.26 Cr |
| Current Assets | ₹96.78 Cr | ₹103.24 Cr | ₹61.51 Cr | ₹38.82 Cr | ₹10.28 Cr | ₹5.13 Cr | ₹10.91 Cr | ₹10.34 Cr |
| Property, Plant & Equipment | ₹156.57 Cr | ₹89.25 Cr | ₹69.8 Cr | ₹71.64 Cr | ₹76.38 Cr | ₹82.22 Cr | ₹88.67 Cr | ₹80.71 Cr |
| Inventories | ₹1.99 Cr | ₹1.05 Cr | ₹1.34 Cr | ₹1.23 Cr | ₹80.08 Lakh | ₹82.31 Lakh | ₹1.05 Cr | ₹1.28 Cr |
| Trade Receivables | ₹5.56 Cr | ₹4.04 Cr | ₹5.07 Cr | ₹4.3 Cr | ₹1.39 Cr | ₹78.22 Lakh | ₹4.33 Cr | ₹4.35 Cr |
| Cash & Equivalents | ₹3.41 Cr | ₹17.03 Cr | ₹22.16 Cr | ₹9.82 Cr | ₹73.98 Lakh | ₹1.23 Cr | ₹1.82 Cr | ₹1.12 Cr |
| Equity (Net Worth) | ₹212.63 Cr | ₹172.72 Cr | ₹133 Cr | ₹99.77 Cr | ₹77.84 Cr | ₹72.23 Cr | ₹78.31 Cr | ₹71.7 Cr |
| Equity Share Capital | ₹1.3 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.3 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹5.5 Cr | ₹5.5 Cr | ₹5 Cr |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹5.5 Cr | ₹5.5 Cr | ₹5 Cr |
| Current Liabilities | ₹33.95 Cr | ₹13.61 Cr | ₹13.72 Cr | ₹10.92 Cr | ₹7.58 Cr | ₹10.87 Cr | ₹16.98 Cr | ₹18.05 Cr |
| Total Liabilities | ₹44.16 Cr | ₹22.68 Cr | ₹23.08 Cr | ₹20.55 Cr | ₹17.25 Cr | ₹18.66 Cr | ₹26.48 Cr | ₹24.9 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹48.74 Cr | ₹57.21 Cr | ₹40.55 Cr | ₹28 Cr | ₹16.18 Cr |
| Investing Cash Flow | -₹58.78 Cr | -₹13.71 Cr | -₹25.31 Cr | -₹17.32 Cr | -₹10.53 Cr |
| Financing Cash Flow | -₹3.57 Cr | -₹18.92 Cr | -₹2.91 Cr | -₹1.6 Cr | -₹6.14 Cr |
| Capital Expenditure | ₹60.1 Cr | ₹17.4 Cr | ₹11.11 Cr | ₹1.75 Cr | ₹38.72 Lakh |
| Free Cash Flow (computed) | -₹11.36 Cr | ₹39.81 Cr | ₹29.43 Cr | ₹26.25 Cr | ₹15.79 Cr |
| Dividends Paid | ₹3.25 Cr | ₹3.25 Cr | ₹2.6 Cr | ₹1.3 Cr | ₹0 |
| Net Change in Cash | -₹13.62 Cr | ₹24.59 Cr | ₹12.34 Cr | ₹9.08 Cr | -₹48.9 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹48.6 Cr | ₹41.63 Cr | ₹23.9 Cr | ₹25.01 Cr | ₹49.12 Cr | ₹38.87 Cr | ₹24.47 Cr | ₹23 Cr |
| Other Income | ₹1.34 Cr | ₹1.03 Cr | ₹1.62 Cr | ₹1.78 Cr | ₹1.38 Cr | ₹1.23 Cr | ₹1.24 Cr | ₹1.35 Cr |
| Total Income | ₹49.94 Cr | ₹42.66 Cr | ₹25.52 Cr | ₹26.79 Cr | ₹50.51 Cr | ₹40.1 Cr | ₹25.72 Cr | ₹24.35 Cr |
| Cost of Materials Consumed | ₹3.91 Cr | ₹2.94 Cr | ₹1.93 Cr | ₹1.86 Cr | ₹3.79 Cr | ₹2.83 Cr | ₹1.87 Cr | ₹1.67 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹4.88 Cr | ₹4.71 Cr | ₹4.27 Cr | ₹4.05 Cr | ₹4.91 Cr | ₹3.93 Cr | ₹3.6 Cr | ₹3.57 Cr |
| Finance Costs | ₹9.63 Lakh | ₹9.81 Lakh | ₹9.77 Lakh | ₹9.62 Lakh | ₹9.47 Lakh | ₹9.64 Lakh | ₹9.6 Lakh | ₹9.45 Lakh |
| Depreciation & Amortisation | ₹2.34 Cr | ₹1.45 Cr | ₹1.51 Cr | ₹1.51 Cr | ₹1.52 Cr | ₹1.49 Cr | ₹1.53 Cr | ₹1.49 Cr |
| Other Expenses | ₹17.99 Cr | ₹14.44 Cr | ₹9.45 Cr | ₹9.08 Cr | ₹18.7 Cr | ₹13.41 Cr | ₹8.95 Cr | ₹8.92 Cr |
| Total Expenses | ₹29.21 Cr | ₹23.64 Cr | ₹17.26 Cr | ₹16.6 Cr | ₹29.02 Cr | ₹21.76 Cr | ₹16.03 Cr | ₹15.75 Cr |
| Profit Before Exceptional Items & Tax | ₹20.73 Cr | ₹19.02 Cr | ₹8.26 Cr | ₹10.19 Cr | ₹21.49 Cr | ₹18.33 Cr | ₹9.68 Cr | ₹8.61 Cr |
| Exceptional Items | ₹0 | -₹13.34 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹20.73 Cr | ₹18.88 Cr | ₹8.26 Cr | ₹10.19 Cr | ₹21.49 Cr | ₹18.33 Cr | ₹9.68 Cr | ₹8.61 Cr |
| Total Tax Expense | ₹5.38 Cr | ₹4.65 Cr | ₹2.18 Cr | ₹2.61 Cr | ₹5.44 Cr | ₹4.77 Cr | ₹2.48 Cr | ₹2.17 Cr |
| Net Profit | ₹15.35 Cr | ₹14.23 Cr | ₹6.08 Cr | ₹7.58 Cr | ₹16.05 Cr | ₹13.56 Cr | ₹7.2 Cr | ₹6.43 Cr |
| Other Comprehensive Income | ₹2.93 Lakh | -₹5.15 Lakh | -₹2.64 Lakh | -₹2.64 Lakh | ₹0 | -₹2.39 Lakh | ₹0 | ₹0 |
| Total Comprehensive Income | ₹15.38 Cr | ₹14.18 Cr | ₹6.05 Cr | ₹7.56 Cr | ₹16.05 Cr | ₹13.54 Cr | ₹7.2 Cr | ₹6.43 Cr |
| EBITDA (computed) | ₹23.16 Cr | ₹20.57 Cr | ₹9.86 Cr | ₹11.8 Cr | ₹23.1 Cr | ₹19.92 Cr | ₹11.31 Cr | ₹10.19 Cr |
| Basic EPS | ₹118.05 | ₹109.48 | ₹46.76 | ₹58.32 | ₹123.49 | ₹104.31 | ₹55.41 | ₹49.48 |
| Diluted EPS | ₹118.05 | ₹109.48 | ₹46.76 | ₹58.32 | ₹123.49 | ₹104.31 | ₹55.41 | ₹49.48 |
Shareholding Pattern of Benares Hotels Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 62.58%, foreign institutional investors hold 0.01%, domestic institutional investors hold 0.01%, retail and other public shareholders hold 37.40% of Benares Hotels Limited. The company had 6,647 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 62.58% | 62.58% | 62.58% | 62.58% | 62.58% | 62.58% |
| Public | 37.42% | 37.42% | 37.42% | 37.42% | 37.42% | 37.42% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 62.58% | 62.58% | 62.57% |
| Public | 37.42% | 37.42% | 37.43% |
| Promoter change (YoY, %pts) | +0.00 | +0.01 | - |
Charges & Borrowings of Benares Hotels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2020 | Axis Bank Limited | ₹10 Cr | Open |
| 06 Nov 1990 | Industrial Finance Corporation of India | ₹1.52 Cr | Open |
| 28 Mar 1990 | The Industrial Finance Corporation of India | ₹1.25 Cr | Open |
| 14 Mar 1987 | Canara Bank | ₹15 Lakh | Open |
| 14 Mar 1987 | Canara Bank | ₹15 Lakh | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Benares Hotels Limited
Benares Hotels Limited has a workforce of 185 employees as of Apr 09, 2024.
Employee Count & EPFO Data of Benares Hotels Limited
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GST Compliance of Benares Hotels Limited
GSTIN & GST Filing Data of Benares Hotels Limited
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Credit Ratings, Litigation & Regulatory Alerts for Benares Hotels Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Benares Hotels Limited
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MSME Payment Delays by Benares Hotels Limited
MSME Payment Delays by Benares Hotels Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Benares Hotels Limited
Subsidiaries & Group Companies of Benares Hotels Limited
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MCA Filings & Documents of Benares Hotels Limited
MCA Filings & Documents of Benares Hotels Limited
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Recent Activity on Benares Hotels Limited
Recent News on Benares Hotels Limited
Frequently Asked Questions about Benares Hotels Limited
Benares Hotels Limited is an active public limited company in the travel and hospitality sector based in Uttar Pradesh, Uttar Pradesh, India. It was incorporated on 03 November 1971 (55+ years old) and is registered under CIN L55101UP1971PLC003480. Listed on BSE: 509438. The company has 185 employees.
Benares Hotels Limited reported revenue of ₹140.67 Cr for FY 2025 (up 14.00% YoY).
The current directors of Benares Hotels Limited are:
- Anita Belani
- Moiz Mohsin Miyajiwala
- Vanika Mahajan
- Vishal Singh
- Beejal Akshaykumar Desai
- Rukmani Raghuvirsinh Gohil
- Anant Narain Singh
- Rohit Khosla
- Puneet Raman
- Mannepu Venkata Veeramani
The primary industry of Benares Hotels Limited is travel and hospitality. The company specifically operates in hotel and accommodation services. The company is currently active in this sector.
Yes. Benares Hotels Limited is listed on BSE with code 509438.
Benares Hotels Limited can be reached at the registered office: Hotel Taj Gangesnadesar Palace Compound Varanasi, Uttar Pradesh, Uttar Pradesh, India – 221002, or through the website benareshotelslimited.com.