Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 |
| Operating costs | 0.10 | 0.15 | 0.24 | 0.09 | 0.14 | 0.31 | 0.36 | 0.09 | 0.19 | 0.11 | 0.11 | 0.58 |
| EBITDA | -0.10 | -0.15 | -0.24 | -0.09 | -0.14 | -0.31 | -0.36 | -0.06 | -0.18 | -0.11 | -0.11 | -0.58 |
| EBITDA margin % | -200.00% | -1,800.00% | ||||||||||
| Depreciation & amortisation | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |
| Finance costs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.38 | 0.25 | 0.25 | 0.25 | 6.75 | 0.00 |
| Non-operating income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Pre-tax profit | -0.23 | -0.28 | -0.37 | -0.22 | -0.27 | -0.44 | -11.87 | -0.44 | -0.56 | -0.49 | -6.99 | -0.71 |
| Effective tax rate % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Profit after tax | -0.24 | -0.28 | -0.37 | -0.22 | -0.28 | -0.44 | -11.87 | -0.44 | -0.56 | -0.50 | -7.00 | -0.71 |
| Earnings per share (Rs) | -0.08 | -0.09 | -0.12 | -0.07 | -0.09 | -0.14 | -3.71 | -0.14 | -0.18 | -0.16 | -2.19 | -0.22 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 13.00 | 11.73 | 8.56 | 6.33 | 3.23 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.01 |
| Operating costs | 11.50 | 10.28 | 8.33 | 6.62 | 4.61 | 1.25 | 1.50 | 0.47 | 0.56 | 0.89 | 0.50 | 0.99 |
| EBITDA | 1.50 | 1.45 | 0.23 | -0.29 | -1.38 | -1.21 | -1.50 | -0.47 | -0.56 | -0.89 | -0.46 | -0.98 |
| EBITDA margin % | 11.54% | 12.36% | 2.69% | -4.58% | -42.72% | -3,025.00% | -1,150.00% | -9,800.00% | ||||
| Depreciation & amortisation | 2.08 | 1.96 | 1.85 | 1.80 | 1.78 | 1.68 | 1.24 | 2.20 | 0.54 | 0.54 | 0.54 | 0.52 |
| Finance costs | 16.10 | 18.51 | 0.24 | 0.23 | 0.13 | 0.00 | 0.00 | 0.01 | 0.00 | 11.38 | 7.50 | 7.25 |
| Non-operating income | 0.65 | 0.10 | 0.14 | 0.09 | 0.11 | 1.73 | 12.11 | -15.78 | 0.00 | 0.00 | 0.00 | 0.00 |
| Pre-tax profit | -16.03 | -18.92 | -1.72 | -2.23 | -3.18 | -1.16 | 9.37 | -18.46 | -1.10 | -12.81 | -8.50 | -8.75 |
| Effective tax rate % | 2.25% | 3.54% | 43.60% | 0.00% | 0.00% | -106.03% | 0.00% | 0.22% | 0.00% | 0.00% | 0.00% | |
| Profit after tax | -16.38 | -19.59 | -2.48 | -2.23 | -3.18 | 0.07 | 9.38 | -18.49 | -1.09 | -12.81 | -8.50 | -8.77 |
| Earnings per share (Rs) | -5.12 | -6.13 | -0.78 | -0.70 | -0.99 | 0.02 | 2.93 | -5.78 | -0.34 | -4.01 | -2.66 | -2.75 |
| Paid out as dividend % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | -44% | 0% | % | -67% | ||
| Profit CAGR | 4% | % | % | 33% | ||
| Share price CAGR | 2% | 9% | 2% | -8% | ||
| Average return on equity | % | % | % | % |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 112.84 | 115.23 | 113.07 | 111.58 | 109.79 | 107.57 | 58.76 | 81.01 | 52.51 | 51.98 | 51.44 | 50.90 |
| Capital work in progress | 66.98 | 64.41 | 64.96 | 64.80 | 64.80 | 64.80 | 26.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current & other assets | 4.16 | 2.94 | 3.20 | 2.72 | 2.66 | 1.46 | 22.92 | 15.91 | 12.43 | 9.73 | 7.74 | 8.65 |
| Total assets | 183.98 | 182.58 | 181.23 | 179.10 | 177.25 | 173.83 | 108.46 | 96.92 | 64.94 | 61.71 | 59.18 | 59.55 |
| Share capital | 31.96 | 31.96 | 31.96 | 31.96 | 31.96 | 31.96 | 31.96 | 31.96 | 31.96 | 31.96 | 31.96 | 31.96 |
| Reserves & surplus | 27.53 | 11.09 | -8.50 | -10.98 | -13.20 | -16.38 | -16.31 | -6.93 | -25.42 | -26.51 | -39.32 | -47.82 |
| Total debt | 97.67 | 112.17 | 137.19 | 136.82 | 137.01 | 136.39 | 72.39 | 60.60 | 51.89 | 49.93 | 62.02 | 50.60 |
| Other liabilities & provisions | 26.82 | 27.36 | 20.58 | 21.30 | 21.48 | 21.86 | 20.42 | 11.29 | 6.51 | 6.33 | 4.52 | 24.81 |
| Equity + liabilities | 183.98 | 182.58 | 181.23 | 179.10 | 177.25 | 173.83 | 108.46 | 96.92 | 64.94 | 61.71 | 59.18 | 59.55 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.39 | 3.40 | -16.88 | 0.83 | 0.05 | -0.09 | 5.93 | 23.17 | -1.81 | 2.00 | -0.74 | 18.93 |
| Investing cash flow | 3.81 | -1.90 | -0.90 | -0.20 | -0.01 | 0.47 | 35.58 | -11.37 | 10.50 | 0.00 | 0.00 | 0.00 |
| Free cash flow (after capex) | 5.20 | 1.50 | -17.79 | 0.63 | 0.04 | 0.38 | 41.51 | 11.80 | 8.69 | 2.00 | -0.74 | 18.93 |
| Financing cash flow | -5.18 | -1.38 | 17.62 | -0.64 | -0.07 | -0.74 | -41.51 | -11.79 | -8.69 | -1.96 | 0.71 | -18.92 |
| Net change in cash | 0.02 | 0.12 | -0.16 | -0.01 | -0.03 | -0.36 | 0.00 | 0.00 | -0.01 | 0.03 | -0.03 | 0.01 |
| Cash conversion (OCF / EBITDA) % | 76% | 245% | -1,165% | 365% | 7% | 5% | -517% | -1,552% | 445% | -345% | 83% | -4,115% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | 0.19% | 0.07% | 0.09% | -0.93% | -1.28% | -2.00% | -2.33% | -3.16% | -3.68% | -1.93% | -2.60% | -2.24% |
| Receivable days | 32.34 | 7.30 | 14.94 | 4.69 | 8.07 | 0.00 | 0.00 | 0.00 | ||||
| Inventory days | 103.95 | 89.20 | 114.25 | 153.47 | 210.34 | 19.55 | 0.00 | |||||
| Payable days | 155.92 | 161.96 | 161.73 | 153.47 | 272.20 | 45.63 | ||||||
| Cash cycle (days) | -19.63 | -65.47 | -32.54 | 4.69 | -53.79 | -26.07 | 0.00 | 0.00 | ||||
| Working capital days | -655.05 | -760.60 | -60.06 | -32.83 | -121.09 | -87.01 | 8,942.50 | 182.50 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 80.14% | 80.14% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| Retail & others % | 19.85% | 19.85% | 25.00% | 24.99% | 25.00% | 25.00% | 25.00% | 24.98% | 24.99% | 24.99% | 24.99% | 25.00% |
| Shareholder count | 7,000 | 7,080 | 7,801 | 7,830 | 8,200 | 8,697 | 8,792 | 8,869 | 8,757 | 8,651 | 8,572 | 8,546 |
Fundamentals
Market value₹ 19.8 Cr.
Last price₹ 6.19
Book value / share₹ -4.96
Return on capital-2.24 %
Return on equity%
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)-67%
Profit CAGR (TTM)33%
Standalone figures.
Valuation
Market capRs 22 Cr
Enterprise valueRs 73 Cr
Price to book-1.39x
Price to sales552.98x
EV / sales1817.73x
Price to cash flow1.17x
Earnings yield-39.65%
P/B, 3-year average-0.17x
P/E, 5-year average2.40x
P/B, 5-year average0.63x
Profitability
Operating margin (excl. other income)-1150.00%
Operating margin (incl. other income)-1150.00%
EBITDA margin-1825.00%
Pre-tax margin-21875.00%
Net profit margin-21925.00%
ROE73.21%
ROCE-2.24%
ROA-14.32%
ROE, 3-year average465.46%
ROCE, 3-year average-2.26%
ROA, 3-year average-12.41%
ROE, 5-year average265.07%
ROCE, 5-year average-4.32%
ROA, 5-year average-10.19%
ROIC (approx.)-3.60%
Growth
Sales CAGR, 5 years0.00%
Per share
EPS (TTM)Rs -2.74
EPS (latest year)Rs -2.66
EPS (latest quarter)Rs -0.22
EPS, 3-year averageRs -2.34
EPS, 5-year averageRs -1.97
Book value per shareRs -4.96
Sales per shareRs 0.01
Cash flow per shareRs 5.92
Efficiency
Asset turnover0.00x
Fixed asset turnover0.00x
Leverage
Total debtRs 51 Cr
Cash and bankRs 0 Cr
Net debtRs 51 Cr
Debt to equity-3.19x
Interest coverage-0.17x
Owners' fund to total sources-26.63%
Debt to assets84.97%
Cash flow
Operating cash flow (latest year)Rs 19 Cr
Financing cash flow (latest year)Rs -19 Cr
Net change in cash (latest year)Rs 0 Cr
Sales to cash flow0.00x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Operating profit (latest quarter)Rs -1 Cr
EBITDA (TTM)Rs -1 Cr
PBDT (TTM)Rs -8 Cr
Profit before tax (TTM)Rs -9 Cr
Net profit (TTM)Rs -9 Cr
Net profit (latest year)Rs -8 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 32 Cr
ReservesRs -48 Cr
Shareholders' fundsRs -16 Cr
Total assetsRs 60 Cr
Net blockRs 51 Cr
Other liabilitiesRs 25 Cr
Shares outstanding (crore)3.20
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 526755 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +9.1% | -2.8% | +11.9 pts |
| 1 month | +10.0% | -6.8% | +16.8 pts |
| 3 months | +14.8% | -7.6% | +22.4 pts |
| 3 years | +17.3% | +14.2% | +3.1 pts |
| 5 years | +63.6% | +27.9% | +35.7 pts |
Red flags
F-score 5 of 6| serious | Negative equity Shareholders' equity is negative |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹0 Cr -100.0% vs Jun 2025.
Net loss ₹1 Cr.
Activity
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|---|---|---|---|
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| Samhi Hotels Ltd | 3,321 | 7.90 | 8.90 % |
| Oriental Hotels Ltd | 2,489 | 37.1 | 12.1 % |
| Apeejay Surrendra Park Hotels Ltd | 2,184 | 33.9 | 9.43 % |
| Brigade Hotel Ventures Ltd | 2,129 | 31.2 | 12.8 % |
| TajGVK Hotels & Resorts Ltd | 1,989 | 13.8 | 13.3 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Velan Hotels Ltd?
Velan Hotels Ltd (526755) has a market capitalisation of Rs 19.8 Cr. at the 2026-10-01 close.
What were Velan Hotels Ltd's latest quarterly results?
In the Jun 2026 quarter, Velan Hotels Ltd sales was Rs 0 Cr (-100.0% vs Jun 2025) with a net loss of Rs 1 Cr.