About Best Eastern Hotels Limited
Data last updated: 08 January 2026
Best Eastern Hotels Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in hotel and accommodation services, a part of the broader travel and hospitality sector. Incorporated on 23 May 1943, the company has been in operation for over 83 years.
Registered with ROC Mumbai under CIN L99999MH1943PLC040199. Listed on BSE: 508664.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹2.89 Cr. Formerly known as The Mysore Coffe Estates Ltd. It is led by directors including Mangal Shamji Chheda and Vinaychand Yadavsingh Kothari.
Last AGM: 29 August 2025. Financial statements filed for year ended 31 March 2025. Office: 401 Chartered House 93/299 Dr.C H St. Near Marine Lines Church, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.38 Cr, a growth of 2% compared to the previous year.
The company has a workforce of approximately 48 employees as per the latest available data.
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.
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.
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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 Address401 Chartered House 93/299 Dr.C H St. Near Marine Lines Church, Mumbai, Maharashtra, India – 400002
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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
CIN History of Best Eastern Hotels Limited
Best Eastern Hotels Limited has one previous CIN (Corporate Identification Number): U99999MH1986PLC040199. The current CIN is L99999MH1943PLC040199, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L99999MH1943PLC040199 | Current |
| U99999MH1986PLC040199 | Previous |
Associated Brands with Best Eastern Hotels Limited
Best Eastern Hotels Limited operates one associated brand: Usha Ascot. These brands represent Best Eastern Hotels Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Luxury vegetarian resort accommodations, conferences, and banquets are provided. | ushaascot.com |
Business Activity of Best Eastern Hotels Limited
Best Eastern 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., food and beverage services provided by hotels, restaurants, caterers, etc.. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| 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. | ********* |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | ********* |
Auditor Details of Best Eastern Hotels Limited
Best Eastern Hotels Limited is audited by G M J and Co. (ICAI peer reviewed, certificate valid till 2027-03-31) 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 |
|---|---|---|
| G M J and Co. (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Best Eastern Hotels Limited
Best Eastern Hotels Limited is currently managed by 7 directors, with 8 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 |
|---|---|---|---|---|
| Mangal Shamji Chheda | Director | 23 Sep 2015 | 10 Years 9 Months | Current |
| Vinaychand Yadavsingh Kothari | Managing Director | 01 Jun 2009 | 17 Years 1 Months | Current |
| Dilip Vinaychand Kothari | Managing Director | 01 Jun 2009 | 17 Years 1 Months | Current |
| Manohar Ramchandra Tambat | Director | 30 Aug 2003 | 22 Years 10 Months | Current |
|
Neelam Dilip Kothari
Also directs:
Vandeep Impex Llp, Vandeep Hotels Llp
|
Director | 20 Mar 2015 | 11 Years 3 Months | Current |
| Rahul Ramnik Baxi | Director | 16 Jul 2024 | 1 Years 11 Months | Current |
Financials of Best Eastern Hotels Limited FY 2026 filings available
Best Eastern Hotels Limited reported revenue of ₹5.57 Cr (down 10.79% 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 | ₹5.57 Cr | ₹6.25 Cr | ₹6.21 Cr | ₹6.04 Cr | ₹4.15 Cr | ₹2.34 Cr | ₹4.3 Cr | ₹5.18 Cr |
| Other Income | ₹11.44 Lakh | ₹13.05 Lakh | ₹83,000 | ₹1.32 Lakh | ₹60,000 | ₹24,000 | ₹42,000 | ₹2.29 Lakh |
| Total Income | ₹5.69 Cr | ₹6.38 Cr | ₹6.22 Cr | ₹6.06 Cr | ₹4.15 Cr | ₹2.34 Cr | ₹4.3 Cr | ₹5.2 Cr |
| Cost of Materials Consumed | ₹78.67 Lakh | ₹1.11 Cr | ₹1.09 Cr | ₹96.14 Lakh | ₹53.39 Lakh | ₹31.7 Lakh | ₹53.08 Lakh | ₹57.13 Lakh |
| 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 | ₹2.45 Cr | ₹2.13 Cr | ₹1.94 Cr | ₹1.76 Cr | ₹1.53 Cr | ₹78.16 Lakh | ₹1.51 Cr | ₹1.53 Cr |
| Finance Costs | ₹29.27 Lakh | ₹20.62 Lakh | ₹23.96 Lakh | ₹6.64 Lakh | ₹13.55 Lakh | ₹17.3 Lakh | ₹15.1 Lakh | ₹17.14 Lakh |
| Depreciation & Amortisation | ₹45.68 Lakh | ₹47.51 Lakh | ₹65.62 Lakh | ₹61.48 Lakh | ₹63.84 Lakh | ₹65.41 Lakh | ₹70.27 Lakh | ₹69.32 Lakh |
| Other Expenses | ₹2.28 Cr | ₹2.45 Cr | ₹2.07 Cr | ₹2.05 Cr | ₹1.6 Cr | ₹1.04 Cr | ₹1.8 Cr | ₹1.84 Cr |
| Total Expenses | ₹6.26 Cr | ₹6.37 Cr | ₹6 Cr | ₹5.46 Cr | ₹4.45 Cr | ₹2.97 Cr | ₹4.7 Cr | ₹4.81 Cr |
| Profit Before Exceptional Items & Tax | -₹57.13 Lakh | ₹34,000 | ₹22.18 Lakh | ₹59.57 Lakh | -₹29.51 Lakh | -₹62.42 Lakh | -₹39.8 Lakh | ₹38.97 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹57.13 Lakh | ₹34,000 | ₹22.18 Lakh | ₹59.57 Lakh | -₹29.51 Lakh | -₹62.42 Lakh | -₹39.8 Lakh | ₹38.97 Lakh |
| Total Tax Expense | ₹2.02 Lakh | -₹69,000 | ₹8.12 Lakh | ₹1.09 Lakh | -₹8.33 Lakh | -₹5.14 Lakh | -₹4.68 Lakh | ₹11 Lakh |
| Net Profit | -₹59.15 Lakh | ₹1.03 Lakh | ₹14.06 Lakh | ₹58.48 Lakh | -₹21.18 Lakh | -₹57.28 Lakh | -₹35.12 Lakh | ₹27.97 Lakh |
| Other Comprehensive Income | ₹2.2 Lakh | -₹1.76 Lakh | -₹66,800 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹56.95 Lakh | -₹73,000 | ₹13.39 Lakh | ₹58.48 Lakh | -₹21.18 Lakh | -₹57.28 Lakh | -₹35.12 Lakh | ₹27.97 Lakh |
| EBITDA (computed) | ₹17.82 Lakh | ₹68.47 Lakh | ₹1.12 Cr | ₹1.28 Cr | ₹47.88 Lakh | ₹20.29 Lakh | ₹45.57 Lakh | ₹1.25 Cr |
| Basic EPS | ₹-0.35 | ₹0.01 | ₹0.08 | ₹0.35 | ₹-0.13 | ₹-0.34 | ₹-0.21 | ₹0.17 |
| Diluted EPS | ₹-0.35 | ₹0.01 | ₹0.08 | ₹0.35 | ₹-0.13 | ₹-0.34 | ₹-0.21 | ₹0.17 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹5.61 Cr | ₹5.37 Cr | ₹5.78 Cr | ₹6.27 Cr | ₹5.55 Cr | ₹6.08 Cr | ₹6.74 Cr | ₹7.42 Cr |
| Non-current Assets | ₹4.83 Cr | ₹5.07 Cr | ₹5.4 Cr | ₹5.71 Cr | ₹5.24 Cr | ₹5.78 Cr | ₹6.39 Cr | ₹6.94 Cr |
| Current Assets | ₹78.16 Lakh | ₹30.12 Lakh | ₹38.01 Lakh | ₹55.65 Lakh | ₹31 Lakh | ₹29.84 Lakh | ₹34.57 Lakh | ₹48.04 Lakh |
| Property, Plant & Equipment | ₹4.44 Cr | ₹4.62 Cr | ₹4.94 Cr | ₹5.32 Cr | ₹5.15 Cr | ₹5.69 Cr | ₹6.3 Cr | ₹6.86 Cr |
| Inventories | ₹13.37 Lakh | ₹15.09 Lakh | ₹16.06 Lakh | ₹20.24 Lakh | ₹7.47 Lakh | ₹6.31 Lakh | ₹13.04 Lakh | ₹13.26 Lakh |
| Trade Receivables | ₹0 | ₹0 | ₹7.37 Lakh | ₹23,000 | ₹1.95 Lakh | ₹50,000 | ₹70,000 | ₹77,000 |
| Cash & Equivalents | ₹6.42 Lakh | ₹4.71 Lakh | ₹4.36 Lakh | ₹7.07 Lakh | ₹12.33 Lakh | ₹13.57 Lakh | ₹12.53 Lakh | ₹14.06 Lakh |
| Equity (Net Worth) | ₹1.74 Cr | ₹2.31 Cr | ₹2.31 Cr | ₹2.55 Cr | ₹2.42 Cr | ₹2.63 Cr | ₹3.2 Cr | ₹3.55 Cr |
| Equity Share Capital | ₹1.69 Cr | ₹1.69 Cr | ₹1.69 Cr | ₹1.69 Cr | ₹1.69 Cr | ₹1.69 Cr | ₹1.69 Cr | ₹1.69 Cr |
| Borrowings (Non-current) | ₹1.2 Cr | ₹1.2 Cr | ₹1.37 Cr | ₹1.45 Cr | ₹1.58 Cr | ₹1.4 Cr | ₹1.2 Cr | ₹0 |
| Borrowings (Current) | ₹1.7 Cr | ₹89.19 Lakh | ₹1.03 Cr | ₹84.14 Lakh | ₹54.47 Lakh | ₹1.06 Cr | ₹1.29 Cr | ₹2.63 Cr |
| Total Debt (computed) | ₹2.9 Cr | ₹2.09 Cr | ₹2.4 Cr | ₹2.29 Cr | ₹2.12 Cr | ₹2.46 Cr | ₹2.49 Cr | ₹2.63 Cr |
| Current Liabilities | ₹2.37 Cr | ₹1.58 Cr | ₹1.79 Cr | ₹1.95 Cr | ₹1.2 Cr | ₹1.61 Cr | ₹1.84 Cr | ₹3.32 Cr |
| Total Liabilities | ₹3.87 Cr | ₹3.06 Cr | ₹3.47 Cr | ₹3.72 Cr | ₹3.13 Cr | ₹3.45 Cr | ₹3.54 Cr | ₹3.87 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹19.79 Lakh | ₹66.73 Lakh | ₹37.91 Lakh | ₹94.22 Lakh | ₹60.27 Lakh |
| Investing Cash Flow | -₹30.02 Lakh | -₹14.76 Lakh | -₹39.61 Lakh | ₹1.02 Cr | -₹9.41 Lakh |
| Financing Cash Flow | ₹51.52 Lakh | -₹51.63 Lakh | -₹1.01 Lakh | ₹49.15 Lakh | -₹27.05 Lakh |
| Capital Expenditure | ₹34.06 Lakh | ₹0 | ₹39.65 Lakh | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹53.85 Lakh | ₹66.73 Lakh | -₹1.74 Lakh | ₹94.22 Lakh | ₹60.27 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹1.71 Lakh | ₹34,000 | -₹2.71 Lakh | ₹2.45 Cr | ₹23.81 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.07 Cr | ₹1.44 Cr | ₹1.26 Cr | ₹1.8 Cr | ₹1.33 Cr | ₹1.62 Cr | ₹1.43 Cr | ₹1.86 Cr |
| Other Income | ₹3.4 Lakh | ₹2.88 Lakh | ₹2.7 Lakh | ₹2.46 Lakh | ₹7.13 Lakh | ₹2.28 Lakh | ₹1.82 Lakh | ₹1.82 Lakh |
| Total Income | ₹1.1 Cr | ₹1.47 Cr | ₹1.29 Cr | ₹1.83 Cr | ₹1.4 Cr | ₹1.64 Cr | ₹1.45 Cr | ₹1.88 Cr |
| Cost of Materials Consumed | ₹16.03 Lakh | ₹19.44 Lakh | ₹16.02 Lakh | ₹27.18 Lakh | ₹20.42 Lakh | ₹38.42 Lakh | ₹19.79 Lakh | ₹32.16 Lakh |
| 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 | ₹73.34 Lakh | ₹58.84 Lakh | ₹54.1 Lakh | ₹58.27 Lakh | ₹60.05 Lakh | ₹57.72 Lakh | ₹47.03 Lakh | ₹48.5 Lakh |
| Finance Costs | ₹16.93 Lakh | ₹5.41 Lakh | ₹3.99 Lakh | ₹2.94 Lakh | ₹14.07 Lakh | ₹2.34 Lakh | ₹1.6 Lakh | ₹2.61 Lakh |
| Depreciation & Amortisation | ₹8.15 Lakh | ₹12.44 Lakh | ₹13.65 Lakh | ₹11.44 Lakh | -₹1.11 Lakh | ₹16.2 Lakh | ₹16.21 Lakh | ₹16.21 Lakh |
| Other Expenses | ₹50.47 Lakh | ₹58.02 Lakh | ₹54.3 Lakh | ₹64.79 Lakh | ₹52.63 Lakh | ₹77.12 Lakh | ₹51.86 Lakh | ₹63.43 Lakh |
| Total Expenses | ₹1.65 Cr | ₹1.54 Cr | ₹1.42 Cr | ₹1.65 Cr | ₹1.46 Cr | ₹1.92 Cr | ₹1.36 Cr | ₹1.63 Cr |
| Profit Before Exceptional Items & Tax | -₹54.75 Lakh | -₹7.25 Lakh | -₹13.26 Lakh | ₹18.15 Lakh | -₹5.68 Lakh | -₹27.95 Lakh | ₹8.72 Lakh | ₹25.25 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹54.75 Lakh | -₹7.25 Lakh | -₹13.26 Lakh | ₹18.15 Lakh | -₹5.68 Lakh | -₹27.95 Lakh | ₹8.72 Lakh | ₹25.25 Lakh |
| Total Tax Expense | -₹36,000 | -₹1.99 Lakh | -₹3.27 Lakh | ₹7.7 Lakh | -₹2.25 Lakh | -₹7.47 Lakh | ₹2.36 Lakh | ₹6.67 Lakh |
| Net Profit | -₹54.39 Lakh | -₹5.26 Lakh | -₹9.99 Lakh | ₹10.45 Lakh | -₹3.43 Lakh | -₹20.48 Lakh | ₹6.36 Lakh | ₹18.58 Lakh |
| Other Comprehensive Income | ₹3.54 Lakh | -₹45,000 | -₹44,000 | -₹45,000 | -₹1.26 Lakh | -₹33,000 | -₹17,000 | -₹16,000 |
| Total Comprehensive Income | -₹50.85 Lakh | -₹5.71 Lakh | -₹10.43 Lakh | ₹10 Lakh | -₹4.69 Lakh | -₹20.81 Lakh | ₹6.19 Lakh | ₹18.42 Lakh |
| EBITDA (computed) | -₹29.67 Lakh | ₹10.6 Lakh | ₹4.38 Lakh | ₹32.53 Lakh | ₹7.28 Lakh | -₹9.41 Lakh | ₹26.53 Lakh | ₹44.07 Lakh |
| Basic EPS | ₹-0.32 | ₹-0.03 | ₹-0.06 | ₹0.06 | ₹-0.02 | ₹-0.12 | ₹0.04 | ₹0.11 |
| Diluted EPS | ₹-0.32 | ₹-0.03 | ₹-0.06 | ₹0.06 | ₹-0.02 | ₹-0.12 | ₹0.04 | ₹0.11 |
Shareholding Pattern of Best Eastern Hotels Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 75.00%, domestic institutional investors hold 0.02%, retail and other public shareholders hold 24.98% of Best Eastern Hotels Limited. The company had 3,652 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Best Eastern Hotels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2001 | Others | ₹2.54 Cr | Open |
| 01 Jun 2006 | Union Bank of India Limited | ₹6 Lakh | Satisfied |
| 01 Jun 2006 | Union Bank of India Limited | ₹6 Lakh | Satisfied |
| 09 May 2001 | Union Bank of India | ₹5.6 Lakh | Satisfied |
| 13 Jun 2000 | Union Bank of India | ₹60 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Best Eastern Hotels Limited
Best Eastern Hotels Limited has a workforce of 48 employees as of Mar 27, 2024.
Employee Count & EPFO Data of Best Eastern Hotels Limited
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GST Compliance of Best Eastern Hotels Limited
GSTIN & GST Filing Data of Best Eastern Hotels Limited
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Credit Ratings, Litigation & Regulatory Alerts for Best Eastern Hotels Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Best Eastern Hotels Limited
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MSME Payment Delays by Best Eastern Hotels Limited
MSME Payment Delays by Best Eastern Hotels Limited
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Subsidiaries & Group Companies of Best Eastern Hotels Limited
Subsidiaries & Group Companies of Best Eastern Hotels Limited
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MCA Filings & Documents of Best Eastern Hotels Limited
MCA Filings & Documents of Best Eastern Hotels Limited
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Recent Activity on Best Eastern Hotels Limited
Frequently Asked Questions about Best Eastern Hotels Limited
Best Eastern Hotels Limited is an active public limited company in the travel and hospitality sector based in Mumbai, Maharashtra, India. It was incorporated on 23 May 1943 (83+ years old) and is registered under CIN L99999MH1943PLC040199. Listed on BSE: 508664. The company has 48 employees.
Best Eastern Hotels Limited reported revenue of ₹6.38 Cr for FY 2025 (up 2.00% YoY).
The current directors of Best Eastern Hotels Limited are:
The primary industry of Best Eastern Hotels Limited is travel and hospitality. The company specifically operates in hotel and accommodation services. The company is currently active in this sector.
Yes. Best Eastern Hotels Limited is listed on BSE with code 508664.
Best Eastern Hotels Limited can be reached at the registered office: 401 Chartered House 93299 Dr.C H St. Near Marine Lines Church, Mumbai, Maharashtra, India – 400002, or through the website ushaascot.com.