Best Eastern Hotels Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L99999MH1943PLC040199 Incorporated 23 May 1943 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 508664 Public Limited Company travel and hospitality MSME · Small
Data last updated
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 / Equity
0.40
Interest cover -86.5x
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹2.89 Cr
Issued & subscribed

About Best Eastern Hotels Limited

Data last updated:

Best Eastern Hotels Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 23 May 1943 and has been in existence for over 83 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1943PLC040199. Its GSTIN is 27AAACB5049H1ZS (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 508664.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹2.89 Cr. It was formerly known as The Mysore Coffe Estates Ltd. It is led by directors including Dilip Vinaychand Kothari (Managing Director) and Vinaychand Yadavsingh Kothari (Managing Director).

Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 401 Chartered House 93/299 Dr.C H St. Near Marine Lines Church, Mumbai, Maharashtra, India – 400002.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹5.57 Cr, a decline of 10.9% compared to the previous year. For the same year it recorded a net loss of ₹60 Lakh (net margin -10.8%) and EBITDA of ₹9 Lakh (EBITDA margin 1.6%). The net worth stands at ₹2.94 Cr (down 16.2% YoY). Total assets are valued at ₹4.64 Cr (up 5.5% YoY).

The company has about 48 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Usha Ascot. As per MCA filings, the company has open charges of ₹2.54 Cr and satisfied charges of ₹82.5 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company. The company has 41 deals on record (41 market trades); the latest was in August 2024. The company has 3 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 1 micro and small supplier.

Best Eastern Hotels Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0155118). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ushaascot.com.

Company details

CIN L99999MH1943PLC040199
Registration Number 040199
Incorporation Date 23 May 1943
ROC Mumbai
Listing Status Listed - Listed on BSE (508664)
Company Status Active
Date of Last AGM 29 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0155118

CIN history

Best Eastern Hotels has one previous CIN (Corporate Identification Number): U99999MH1986PLC040199. The current CIN is L99999MH1943PLC040199, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L99999MH1943PLC040199Current
U99999MH1986PLC040199Previous

Recognitions & Rankings of Best Eastern Hotels

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0155118

Contact details

Best Eastern Hotels Limited's registered office is in Mumbai, Maharashtra. Its website is ushaascot.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    401 Chartered House 93/299 Dr.C H St. Near Marine Lines Church, Mumbai, Maharashtra, India – 400002
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Best Eastern Hotels Limited, buy the company report.

Comprehensive company report
Best Eastern Hotels Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

Best Eastern Hotels operates one associated brand: Usha Ascot. Each brand links to its own profile.

BrandDescriptionWebsite
Luxury vegetarian resort accommodations, conferences, and banquets are provided.ushaascot.com

Business activity

The main business activity of Best Eastern Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
IAccommodation and Food ServiceI1Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.
IAccommodation and Food ServiceI2Food and beverage services provided by hotels, restaurants, caterers, etc.

To see the full business activity and turnover split of Best Eastern Hotels Limited, buy the company report.

Financials of Best Eastern Hotels Limited

FY 2025-26 filings available

Best Eastern Hotels Limited reported revenue of ₹5.57 Cr (down 10.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹5.57 Cr
-10.9% YoY
EBITDA
₹0.09 Cr
-84.2% YoY
Profit After Tax
−₹0.60 Cr
-6100.0% YoY
Net Worth
₹2.94 Cr
-16.2% YoY
Total Assets
₹4.64 Cr
+5.5% YoY
Total Debt
₹1.70 Cr
+91.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5.576.256.146.044.152.344.30
Revenue growth-10.9%+1.8%+1.7%+45.5%+77.4%-45.6%-
EBITDA0.090.571.061.280.480.190.46
EBITDA margin+1.6%+9.1%+17.3%+21.2%+11.6%+8.1%+10.7%
Profit before tax(0.58)0.000.220.48(0.29)(0.63)(0.39)
Net profit(0.60)0.010.140.47(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)0.010.080.28(0.13)(0.34)(0.21)
Balance sheet
Total assets4.644.404.724.494.545.165.69
Net worth2.943.513.523.393.623.844.41
Total debt1.700.891.201.090.921.331.29
Cash & bank0.060.050.040.080.120.140.13
Net working capital0.11(0.38)(0.39)(0.61)(0.37)(0.18)(0.21)
Cash flow
Cash from operations(0.20)0.670.380.870.620.250.60
Cash from investing(0.30)(0.15)(0.40)(1.00)(0.09)(0.04)(0.14)
Cash from financing0.52(0.52)(0.01)0.10(0.54)(0.20)(0.47)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.951.071.441.261.801.331.621.43
Revenue growth (YoY)+8.3%-19.6%-11.1%-11.9%-3.2%---
Other income0.050.030.030.030.020.070.020.02
Total expenses1.531.401.361.241.501.331.731.19
EBITDA0.42(0.33)0.080.020.300.00(0.11)0.24
EBITDA margin+21.5%-30.8%+5.6%+1.6%+16.7%0.0%-6.8%+16.8%
Depreciation0.120.080.120.140.11(0.01)0.160.16
Interest0.040.170.050.040.030.140.020.02
Profit before tax0.31(0.55)(0.06)(0.13)0.18(0.06)(0.27)0.08
Tax0.010.00(0.02)(0.04)0.08(0.02)(0.07)0.02

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.951.071.441.261.801.331.621.43
Revenue growth (YoY)+8.3%-19.6%-11.1%-11.9%-3.2%---
Other income0.050.030.030.030.020.070.020.02
Total expenses1.531.401.361.241.501.331.731.19
EBITDA0.42(0.33)0.080.020.300.00(0.11)0.24
EBITDA margin+21.5%-30.8%+5.6%+1.6%+16.7%0.0%-6.8%+16.8%
Depreciation0.120.080.120.140.11(0.01)0.160.16
Interest0.040.170.050.040.030.140.020.02
Profit before tax0.31(0.55)(0.06)(0.13)0.18(0.06)(0.27)0.08
Tax0.010.00(0.02)(0.04)0.08(0.02)(0.07)0.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5.576.256.146.044.152.344.30
Revenue growth-10.9%+1.8%+1.7%+45.5%+77.4%-45.6%-
Other income0.110.130.080.010.010.000.00
Total expenses5.485.685.084.763.672.153.84
Employee cost1.741.471.311.170.980.501.02
EBITDA0.090.571.061.280.480.190.46
EBITDA margin+1.6%+9.1%+17.3%+21.2%+11.6%+8.1%+10.7%
Depreciation0.460.480.660.610.640.650.70
Interest0.320.220.260.200.140.170.15
Profit before tax(0.58)0.000.220.48(0.29)(0.63)(0.39)
Tax0.02(0.01)0.080.01(0.09)(0.05)(0.05)
Net profit(0.60)0.010.140.47(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)0.010.080.28(0.13)(0.34)(0.21)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital2.892.892.892.892.892.892.89
Reserves & surplus0.050.620.630.500.730.951.52
Shareholders' funds (net worth)2.943.513.523.393.623.844.41
Secured loans0.630.300.750.730.741.211.10
Unsecured loans1.070.590.450.360.180.120.19
Total debt1.700.891.201.090.921.331.29
Total liabilities4.644.404.724.494.545.165.69
Assets
Gross block10.1910.6510.509.619.209.109.10
Net block4.674.865.184.955.165.696.30
Capital work in progress0.000.000.000.240.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories0.130.150.160.200.070.060.13
Sundry debtors0.000.000.070.000.020.010.01
Cash & bank balances0.060.050.040.080.120.140.13
Loans & advances0.580.100.100.200.080.090.08
Total current assets0.770.300.370.480.290.300.35
Total current liabilities0.660.680.761.090.660.480.56
Net working capital0.11(0.38)(0.39)(0.61)(0.37)(0.18)(0.21)
Total assets4.644.404.724.494.545.165.69
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.050.040.070.100.120.130.14
Net cash from operating activities(0.20)0.670.380.870.620.250.60
Net cash from investing activities(0.30)(0.15)(0.40)(1.00)(0.09)(0.04)(0.14)
Net cash from financing activities0.52(0.52)(0.01)0.10(0.54)(0.20)(0.47)
Net change in cash0.020.00(0.03)(0.03)(0.01)0.01(0.02)
Closing cash0.060.050.040.080.120.140.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 employed0.0%+4.8%+10.4%+14.8%-3.1%-8.3%-4.2%
Return on net worth0.0%+0.4%+6.2%+20.0%-8.3%-19.5%-10.3%
Debt / equity0.400.300.330.290.300.320.49
Long-term debt / equity0.000.030.060.090.080.020.00
Interest cover-86.49244.4465.0029.85-87.50-36.96-62.50
Efficiency & per share
Fixed asset turnover0.530.590.610.640.450.260.48
Inventory turnover39.7940.3234.1144.7463.8524.6333.08
Debtors turnover0.00178.57175.43604.00276.67234.00286.67
EPS (₹)(0.35)0.010.080.28(0.13)(0.34)(0.21)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)1.031.371.371.291.441.561.90

To see the full year-wise statements and ratios of Best Eastern Hotels Limited, buy the company report.

Board of directors of Best Eastern Hotels Limited

Best Eastern Hotels has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manohar Ramchandra TambatDirector30 Aug 200323 Years 1 MonthsCurrent
Neelam Dilip KothariDirector20 Mar 201511 Years 7 MonthsCurrent
Dilip Vinaychand KothariManaging Director01 Jun 200917 Years 4 MonthsCurrent
Vinaychand Yadavsingh KothariManaging Director01 Jun 200917 Years 4 MonthsCurrent
Jenny Rahul VijaykarDirector16 Jul 20251 Years 3 MonthsCurrent
Rahul Ramnik BaxiDirector16 Jul 20242 Years 3 MonthsCurrent

Auditor

Best Eastern Hotels Limited is audited by Sancheti & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Sancheti & Co.FY 2023000016C

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 75.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.00%.

Promoters: 75.00%Retail & Others: 25.00%
Mar 2026
QUARTER
75.00% Promoters
25.00% Retail & Others
Promoter holding - history
Now 75.00% · Mar 2026High 75.00% · Jun 2025Low 75.00% · Jun 2025
74%74.5%75%75.5%76%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 75.00%Sep 2025: 75.00%Dec 2025: 75.00%Mar 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
₹2.54 Cr
Satisfied charges
₹82.5 Lakh
Breakdown by lending institutions
Others₹2.54 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Aug 200180060547Others₹2.54 CrOpen
01 Jun 200610006090Union Bank of India Limited₹6 LakhSatisfied
01 Jun 200610006156Union Bank of India Limited₹6 LakhSatisfied
09 May 200180006671Union Bank of India₹5.6 LakhSatisfied
13 Jun 200080003989Union Bank of India₹60 LakhSatisfied

To see the full charge records of Best Eastern Hotels Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Best Eastern Hotels Limited has 41 deals on record (41 market trades); the latest was in August 2024.

Total deals
41
Market trades
41

Deals on record (5 of 41)

WhenDealAmountParties
Aug 2024Market trade₹18 LakhBuyer: GCM Securities Ltd.
Seller: Shiv Parvati Leasing Private Limited
Nov 2023Market trade₹60.4 LakhBuyer: an individual
Seller: GCM Commodity & Derivatives Limited
Nov 2023Market trade₹1.57 CrBuyer: an individual
Seller: Tanaya Vincom Private Limited , GCM Commodity & Derivatives Limited , Agradooti Vanijya Private Limited
Nov 2023Market trade₹1.08 CrBuyer: GCM Commodity & Derivatives Limited , Salvation Developers Limited , an individual
Seller: Tanaya Vincom Private Limited , 2 individuals
Nov 2023Market trade₹51.2 LakhBuyer: an individual
Seller: Tanaya Vincom Private Limited

To see the full deal history of Best Eastern Hotels Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Best Eastern Hotels Limited has 3 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
an individual supplier

To see the full MSME payment records of Best Eastern Hotels Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Best Eastern Hotels Limited has a workforce of 48 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.

Employee count
48
Active EPFO establishments
1

GST

Best Eastern Hotels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACB5049H1ZSMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Best Eastern Hotels Limited, buy the company report.

Recent activity

Best Eastern Hotels Limited has 14 board changes on record since 2000: 10 appointments and 4 cessations. The latest: Jenny Rahul Vijaykar was appointed as Director on 16 Jul 2025.

Filing
Best Eastern Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Best Eastern Hotels Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Appointed
Jenny Rahul Vijaykar was appointed as Director.
Ceased
Mangal Shamji Chheda ceased to be Director.
Ceased
Rajesh Kailashchandra Kedia ceased to be Company Secretary.
Ceased
Ramnik Kanhaiyalal Bakshi ceased to be Additional Director.
Appointed
Rahul Ramnik Baxi was appointed as Director.
Charges
A charge with Others of Rs. 2.54 Cr registered on 07 Aug 2001 with Charge ID 80060547 was modified on 07 Oct 2021.
Appointed
Rajesh Kailashchandra Kedia was appointed as Company Secretary.
Charges
A charge registered on 01 Jun 2006 via Charge ID 10006090 with Union Bank Of India Limited was fully satisfied on 09 Sep 2020.
Charges
A charge registered on 01 Jun 2006 via Charge ID 10006156 with Union Bank Of India Limited was fully satisfied on 09 Sep 2020.
Charges
A charge registered on 13 Jun 2000 via Charge ID 80003989 with Union Bank Of India was fully satisfied on 09 Sep 2020.

17 earlier events are in the company report.

Frequently asked questions

Best Eastern Hotels is an active public limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 23 May 1943 (83+ years old) and is registered under CIN L99999MH1943PLC040199. Listed on BSE: 508664.

Best Eastern Hotels reported revenue of ₹5.57 Cr for FY 2025-26 (down 10.9% YoY) based on standalone financials.

Best Eastern Hotels has 6 current directors:

The latest financial statements of Best Eastern Hotels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Best Eastern Hotels is 27AAACB5049H1ZS, registered in Maharashtra.

The CIN (Corporate Identification Number) of Best Eastern Hotels is L99999MH1943PLC040199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Best Eastern Hotels is a listed company as per MCA records. Its shares are listed on BSE (code: 508664).

Best Eastern Hotels has 4 court cases on record: 4 filed by the company.

Best Eastern Hotels was incorporated on 23 May 1943, making it 83+ years old. It is registered with the Registrar of Companies, Mumbai.

Best Eastern Hotels has 41 deals on record (41 market trades); the latest was in August 2024.

Jenny Rahul Vijaykar was appointed as Director on 16 Jul 2025. Mangal Shamji Chheda ceased to be Director on 01 Jul 2025. Rajesh Kailashchandra Kedia ceased to be Company Secretary on 30 Sep 2024. Best Eastern Hotels has 14 board changes on record in total.