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Despite a broad market recession, Tata Group shares Banaras Hotel Given a notable performance in 2025, growing 29 percent on a year-on-year-old (YTD) basis. The strong rally has been promoted with a strong third quarter results and the demand between the ongoing Kumbh Mela has increased, which is expected to further promote revenue in the March quarter (Q4Fy25). Stock’s smart rally has also increased the price of 11 percent gold this year, the highest among the asset classes.
Stock performance
The Banaras Hotel saw a 25 percent rally in January, followed by a minor 0.3 percent in February. On Tuesday, Tata group stock An increase of 8.5 percent to hit a day’s high 10,555.65. Currently, it is below its all -time high to 10.5 percent 11,800, recorded earlier this month. store He has also overturned 42 percent from the lower level of its 52-week 7,400 registered in August 2024. In the last one year, stock has increased by more than 6 percent, but over the long period, it has increased by more than 450 percent in the last three years.
The Banaras Hotels Limited in 1971 operates the luxury and budget hotel, including the Taj Ganga and Nadar Palace in Varanasi, as well as Gondia, Gondia, Ginger Hotel in Maharashtra. Became a subsidiary of the company Indian Hotel Company Limited (IHCL) In 2011, IHCL had a 49.53 percent stake in the firm.
Q3Fy25 Financial Performance
Banaras Hotels reported a strong performance Q3Fy25With reaching net sales 38.87 crore, showing 15.64 percent increase 33.61 crores in the year-old period. The company’s net profit increased by 19.96 percent 13.56 crores, from above 11.30 crores in December 2023. Ebitda increased 19.21 percent 19.92 crore compared to 16.71 crore in last year. Income (EPS) per share also improved 104.31 in December 2024, 86.96 in December 2023.
For nine months ended on 31 December 2024 (9mfy25), standing in revenue 90.2 crore, marking an increase of 3.5 percent from 87.2 crore in 9mfy24. Ebitda rose up to 10.2 percent 41.4 crores from 37.4 crores in the same period last year. After tax, profit (PAT) increased by 11.5 percent 27.2 crore from 24.4 crores in 9mfy24.
“BHL reported three consecutive quarters of high double -digit growth in revenue, causing high Ebitda margin and pat of all time of 46 percent of the time of 46 percent. 27.2 crore for a period of nine months ending December 2024. The domestic demand remains strong, and the quarter four is expected to give a record revenue with the upcoming Kumbh Mela and the respective journey in the region, ”. hotel.
Industry outlook
Credit rating agency ICRA, according to a report by Indian hotel industry FY2024-25 is estimated to have a revenue increase of 7-9 percent. The sector has achieved a high-high-occupant rate of 70-72 percent in the current financial year compared to 68–70 percent in FY 2012-23.
The hospitality region of India, currently a price of USD 24.61 billion in 2024, is expected to rise to 31.01 billion by 2029, reflecting a mixed annual growth rate (CAGR) of 4.73 percent. This growth is inspired by better infrastructure, increased air connectivity, favorable demographics and inauguration of new conference centers across the country.
Dividend history
Banaras hotels have maintained a consistent Dividend Payment History. The most recent dividend of On August 25, 2024, 25 per share was paid. Previous dividends include On 20 August 2023, 10 in August 2022, 7.50 in September 2020, and On 15 August 2019, reflecting the company’s commitment to reward its shareholders.
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