---
title: "Bharat Hotels Ltd (BHARATHOT) — Share Price, Financials & Analysis"
symbol: "BHARATHOT"
company: "Bharat Hotels Ltd"
canonical: "https://tapetide.com/stocks/BHARATHOT"
generated_at: "2026-10-13T11:01:27.110Z"
---

# Bharat Hotels Ltd (BHARATHOT)

Canonical page: https://tapetide.com/stocks/BHARATHOT

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bharathotels.com

## Latest Price

## Key Insights

### Strengths

- Company has been maintaining a healthy dividend payout of 27.7%

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.79% over past five years.
- Company has a low return on equity of 2.68% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -35% | -8% | 39% |
| revenue growth | 7% | 10% | 10% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.3 | 0.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.1 | 0.33 | 0.11 | 0.29 | 0.2 | 0.1 | 0.12 | 0.1 | 0.13 | 0.18 | 0.12 | 0.18 |
| Operating Profit | 0.2 | -0.11 | -0.11 | -0.29 | -0.2 | -0.1 | -0.12 | -0.1 | -0.13 | -0.18 | -0.12 | -0.18 |
| OPM % | 66.67 | -50 | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0.01 | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 |
| Profit before tax | -0.25 | -0.55 | -0.52 | -0.74 | -0.65 | -0.55 | -0.57 | -0.55 | -0.58 | -0.58 | -0.57 | -0.63 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.26 | -0.55 | -0.53 | -0.74 | -0.65 | -0.55 | -0.57 | -0.54 | -0.57 | -0.57 | -0.57 | -0.62 |
| EPS in Rs | -0.13 | -0.27 | -0.26 | -0.37 | -0.32 | -0.27 | -0.28 | -0.27 | -0.28 | -0.28 | -0.28 | -0.31 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 363 | 374 | 342 | 374 | 427 | 465 | 518 | 575 | 639 | 681 |
| Expenses | 307 | 289 | 287 | 330 | 367 | 374 | 407 | 405 | 453 | 502 |
| Operating Profit | 56 | 85 | 55 | 44 | 60 | 92 | 111 | 170 | 186 | 179 |
| OPM % | 16 | 23 | 16 | 12 | 14 | 20 | 21 | 30 | 29 | 26 |
| Other Income | 46 | 39 | 62 | 46 | 71 | 77 | 95 | 50 | 30 | 33 |
| Interest | 33 | 54 | 69 | 82 | 92 | 103 | 110 | 114 | 125 | 142 |
| Depreciation | 29 | 34 | 37 | 45 | 48 | 63 | 54 | 51 | 52 | 52 |
| Profit before tax | 41 | 37 | 12 | -37 | -8 | 3 | 41 | 55 | 39 | 19 |
| Tax % | 41 | 47 | 32 | 17 | -152 | 96 | 24 | 34 | 19 | -6 |
| Net Profit | 24 | 20 | 8 | -43 | 4 | 0 | 31 | 37 | 31 | 20 |
| EPS in Rs | 3.17 | 2.57 | 1.03 | -5.72 | 0.56 | 0.01 | 4.14 | 4.83 | 4.11 | 2.64 |
| Dividend Payout % | 32 | 39 | 48 | -9 | 90 | 3800 | 18 | 21 | 24 | 38 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 |
| Reserves | 982 | 990 | 991 | 941 | 1035 | 1006 | 1031 | 1004 | 1025 | 1038 |
| Borrowings | 587 | 624 | 743 | 819 | 885 | 1034 | 987 | 1173 | 1178 | 1187 |
| Other Liabilities | 174 | 222 | 225 | 263 | 250 | 236 | 296 | 301 | 322 | 309 |
| Total Liabilities | 1818 | 1912 | 2036 | 2099 | 2246 | 2352 | 2390 | 2553 | 2601 | 2611 |
| Fixed Assets | 980 | 1117 | 1109 | 1314 | 1321 | 1245 | 1179 | 1219 | 1211 | 1194 |
| CWIP | 228 | 152 | 254 | 105 | 139 | 195 | 218 | 149 | 188 | 186 |
| Investments | 206 | 206 | 206 | 206 | 126 | 126 | 123 | 429 | 817 | 847 |
| Other Assets | 404 | 437 | 467 | 474 | 660 | 786 | 870 | 756 | 386 | 384 |
| Total Assets | 1818 | 1912 | 2036 | 2099 | 2246 | 2352 | 2390 | 2553 | 2601 | 2611 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 62 | 70 | 71 | 50 | 59 | 82 | 78 | 226 | 214 | 188 |
| Cash from Investing Activity | -157 | -123 | -98 | -17 | -33 | -42 | 20 | -242 | -113 | -32 |
| Cash from Financing Activity | 118 | 27 | 42 | -24 | -46 | -10 | -145 | 66 | -139 | -154 |
| Net Cash Flow | 23 | -26 | 14 | 8 | -20 | 30 | -47 | 49 | -38 | 2 |
| Free Cash Flow | -76 | -73 | -66 | -48 | 59 | 32 | 103 | 181 | 159 | 161 |
| CFO/OP | 126 | 79 | 136 | 126 | 113 | 99 | 69 | 140 | 124 | 112 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 21 | 23 | 25 | 27 | 30 | 31 | 28 | 28 | 32 | 27 |
| Inventory Days | 121 | 127 | 143 | 112 | 104 | 103 | 102 | 89 | 74 | 73 |
| Days Payable | 571 | 125 | 424 | 235 | 206 | 188 | 161 | 259 | 348 | 318 |
| Cash Conversion Cycle | -430 | 25 | -255 | -95 | -73 | -55 | -31 | -143 | -243 | -218 |
| Working Capital Days | 117 | -7 | -16 | 23 | 47 | -12 | -29 | 57 | -25 | -22 |
| ROCE % | 5 | 5 | 5 | 2 | 4 | 5 | 7 | 8 | 7 | 7 |

## Shareholding Pattern

### annual

| Category | Dec 2016 |
| --- | --- |
| Promoters | 50.22% |
| DIIs | 0.01% |
| Public | 49.77% |
| No. of Shareholders | 11345 |

### Quarterly

| Category | Sep 2016 | Dec 2016 |
| --- | --- | --- |
| Promoters | 49.6% | 50.22% |
| DIIs | 0.01% | 0.01% |
| Public | 50.4% | 49.77% |
| No. of Shareholders | 11394 | 11345 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 6 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 149.91 | Sell |
| EMA (10) | 150.1 | Sell |
| SMA (20) | 159 | Sell |
| EMA (20) | 154.32 | Sell |
| SMA (50) | 154.44 | Sell |
| EMA (50) | 153.03 | Sell |
| SMA (100) | 144.21 | Buy |
| EMA (100) | 144.98 | Buy |
| SMA (200) | 128.85 | Buy |
| EMA (200) | 128.69 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.42 | Neutral |
| MACD (12,26,9) | -3.67 | Sell |
| Stochastic (14,3,3) | 40.76 | Neutral |
| ADX (14) | 33.6 | Buy |
| Williams %R (14) | -53.59 | Neutral |
| ATR (14) | 8.44 | High Volatility |
| ROC (12) | -12.34 | Sell |
| Stoch RSI (14) | 34.24 | Neutral |
| UO (7,14,28) | 61.17 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-02-10 | [BOARD MEETING INTIMATION](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/207ad355-b499-42f7-a5bd-4d8d0e8bab2c.pdf) |
| 2017-11-25 | [Scrutinizer's Report](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/a403a042-0419-4502-8889-a24d347abc1d.pdf) |
| 2017-11-14 | [Unaudited Financial Results SEPT 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/35a76f66-e375-445c-ac32-6020bcaf67bf.pdf) |
| 2017-11-10 | [Board Meeting To Be Held On 14.11.2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/f56f847e-b23c-46a7-9564-a70afad4ed03.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2014 | [Financial Year 2014](https://www.bseindia.com/bseplus/AnnualReport/530321/5303210314.pdf) |
| Mar 2010 | [Financial Year 2010](https://www.bseindia.com/bseplus/AnnualReport/530321/5303210310.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-05-05 | Credit rating update — CARE Ratings |
| 2026-03-11 | Credit rating update — CARE Ratings |
| 2025-03-05 | Credit rating update — CARE Ratings |
| 2024-04-05 | Credit rating update — CARE Ratings |
| 2023-05-29 | Credit rating update — CARE Ratings |
| 2023-05-29 | Credit rating update — CARE Ratings |
| 2023-02-27 | Credit rating update — CARE Ratings |
| 2022-12-27 | Credit rating update — CARE Ratings |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:27.110Z.