MarketFriction

Blue Coast Hotels Ltd

NSE BLUECOAST · BSE 531495 · Hotels & Resorts
₹22.00 -0.32%
NSE close2026-10-01
52 week range18.57 - 66.81
Market cap₹41.5 Cr.
GSM Price band 5% Delivery 67.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.000.000.000.000.000.000.000.130.570.101.230.35
Expenses0.300.370.300.330.630.370.330.930.340.340.620.27
Operating Profit-0.30-0.37-0.30-0.33-0.63-0.37-0.33-0.800.23-0.240.610.08
OPM %-615.38%40.35%-240.00%49.59%22.86%
Other Income0.040.070.270.1084.790.07-0.22-0.020.000.370.050.15
Interest1.041.041.041.04-0.641.041.580.420.430.440.450.46
Depreciation0.020.020.030.020.020.020.210.070.070.070.060.05
Profit before tax-1.32-1.36-1.10-1.2984.78-1.36-2.34-1.31-0.27-0.380.15-0.28
Tax %-1.52%0.00%221.82%0.00%0.00%0.00%35.90%0.00%0.00%0.00%193.33%0.00%
Net Profit-1.30-1.37-3.53-1.2984.77-1.37-3.17-1.31-0.27-0.38-0.14-0.28
EPS in Rs-1.02-1.07-2.77-1.0166.49-0.94-2.17-0.76-0.16-0.22-0.08-0.14
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales115.53132.66134.8952.740.000.000.000.000.000.002.042.25
Expenses86.58109.26106.9769.37-15.0910.111.351.561.271.901.701.57
Operating Profit28.9523.4027.92-16.6315.09-10.11-1.35-1.56-1.27-1.900.340.68
OPM %25.06%17.64%20.70%-31.53%16.67%30.22%
Other Income0.521.131.43-20.31-34.700.080.840.390.6384.99-0.130.57
Interest18.3928.6924.27153.704.154.154.154.154.151.981.751.78
Depreciation6.056.636.743.160.110.110.110.090.090.270.260.25
Profit before tax5.03-10.79-1.66-193.80-23.87-14.29-4.77-5.41-4.8880.84-1.80-0.78
Tax %0.00%-5.65%0.00%0.00%0.00%0.00%-28.51%31.98%50.00%1.04%16.11%
Net Profit5.03-10.18-1.66-193.80-23.86-14.29-3.41-7.15-7.3280.00-2.09-1.07
EPS in Rs3.95-7.99-1.30-152.02-18.72-11.21-2.67-5.61-5.7454.64-1.22-0.60
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-33%%%1631%
Compounded Profit Growth%14%21%80%
Stock Price CAGR-16%28%57%-64%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital12.7512.7512.7512.7512.7512.7512.7512.7512.7512.7514.6417.19
Reserves53.3857.79113.36110.97-82.93-106.80-121.09-124.49-131.64-138.96-39.00-38.85
Borrowings349.66370.47327.41331.36110.50114.63118.78122.93126.58130.4826.8318.47
Other Liabilities297.14324.13380.35335.456.865.856.065.605.174.995.4310.11
Total Liabilities712.93765.14833.87790.5347.1826.4316.5016.7912.869.267.906.92
Fixed Assets544.59569.67556.51549.083.002.892.792.702.542.453.072.81
CWIP71.3367.04159.60157.772.530.000.000.000.000.000.000.00
Investments42.7849.8045.3442.8127.450.210.210.210.210.852.101.81
Other Assets54.2378.6372.4240.8714.2023.3313.5013.8810.115.962.732.30
Total Assets712.93765.14833.87790.5347.1826.4316.5016.7912.869.267.906.92
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity89.3649.26-48.7766.57-487.07-24.330.95-0.190.381.21-0.523.72
Cash from Investing Activity-46.02-34.06-76.263.03632.0628.18-0.32-0.03-0.14-0.89-1.160.43
Cash from Financing Activity-41.05-18.41133.76-70.42-153.70-4.15-0.12-0.13-0.50-0.361.54-4.09
Net Cash Flow2.29-3.218.73-0.82-8.72-0.310.51-0.35-0.26-0.04-0.140.06
Free Cash Flow43.3722.41-134.8069.09213.07-21.800.94-0.200.381.21-1.413.72
CFO/OP351%172%-211%238%2,929%-161%-9%115%-135%-287%-17%1,094%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days22.2118.0726.5231.524.0851.89
Inventory Days369.70289.6684.55
Days Payable301.71156.09244.45
Cash Conversion Cycle90.20151.65-133.3731.524.0851.89
Working Capital Days-1,621.28-1,561.76-1,422.36-1,377.50-434.35-3,191.96
ROCE %4.23%4.56%3.36%4.19%-5.97%49.52%-65.38%-5.73%-13.77%-15.55%-62.61%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters61.39%61.39%61.39%61.39%61.39%66.38%66.38%71.38%71.38%71.42%71.42%74.92%
Public38.61%38.61%38.61%38.61%38.62%33.62%33.61%28.63%28.63%28.60%28.60%25.08%
No. of Shareholders1,5831,5991,5871,5871,5741,5511,8772,0433,5023,5383,5463,519

Fundamentals

Market Cap₹ 41.5 Cr.
Current Price₹ 21.1
Book Value₹ -12.6
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1631%
Compounded Profit Growth (TTM)80%
Consolidated figures.
Valuation
Market capRs 43 Cr
Enterprise valueRs 62 Cr
Price to book-2.00x
Price to sales19.24x
EV / EBITDA49.27x
EV / EBIT61.59x
EV / sales27.37x
Price to cash flow11.64x
Earnings yield-2.47%
P/E, 3-year average0.70x
P/B, 3-year average-1.20x
P/E, 5-year average0.70x
P/B, 5-year average-0.63x
Profitability
Operating margin (excl. other income)16.67%
Operating margin (incl. other income)10.29%
EBITDA margin55.56%
Pre-tax margin-34.67%
Net profit margin-47.56%
Net margin, latest quarter-80.00%
ROE9.08%
ROA-28.21%
ROE, 3-year average-30.40%
ROCE, 3-year average1222.68%
ROA, 3-year average279.34%
ROE, 5-year average-16.38%
ROCE, 5-year average606.57%
ROA, 5-year average153.86%
Tax rate-16.11%
Other income / net worth0.60%
Growth
Profit growth (latest year)-102.61%
Sales growth QoQ-71.54%
Sales growth YoY (latest quarter)169.23%
Per share
EPS (TTM)Rs -0.54
EPS (latest quarter)Rs -0.14
EPS, 3-year averageRs 24.45
EPS, 5-year averageRs 10.15
Book value per shareRs -11.01
Sales per shareRs 1.14
Cash flow per shareRs 1.89
Free cash flow per shareRs 1.89
Efficiency
Asset turnover0.29x
Fixed asset turnover0.73x
Debtor days52 days
Debtors turnover7.03x
Creditor days244 days
Cash conversion cycle52 days
Working capital days-3192 days
Leverage
Total debtRs 18 Cr
Cash and bankRs 0 Cr
Net debtRs 18 Cr
Debt to equity-0.85x
Net debt / EBITDA14.64x
Interest coverage0.56x
Owners' fund to total sources-313.01%
Debt to assets266.91%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs -5 Cr
Cash from ops / profit, 5 years0.08x
Sales to cash flow0.55x
Statement figures
Net sales (TTM)Rs 2 Cr
Net sales (latest year)Rs 2 Cr
Sales (latest quarter)Rs 0 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -1 Cr
Net profit (latest year)Rs -2 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 2 Cr
Share capitalRs 17 Cr
ReservesRs -39 Cr
Shareholders' fundsRs -22 Cr
Total assetsRs 7 Cr
Net blockRs 3 Cr
InvestmentsRs 2 Cr
ReceivablesRs 0 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)1.97
Ownership
Promoter holding74.92% (+3.54 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodBLUECOASTNifty 50Difference
1 week+6.2%-2.8% +9.0 pts
1 month-2.5%-6.8% +4.3 pts
3 months-19.5%-7.6% -11.9 pts
6 months+10.9%+0.4% +10.5 pts
1 year-67.2%-9.9% -57.3 pts
2 years+199.3%-13.6% +212.9 pts
3 years+286.0%+14.2% +271.8 pts
5 years+241.1%+27.9% +213.2 pts

Red flags

F-score 3 of 6
seriousNegative equity Shareholders' equity is negative
explainWeak cash conversion Cash from operations was 6% of net profit over the last 3 years
explainShare dilution Share count up 18% in a year, 35% in three
lookOn NSE surveillance On NSE surveillance: GSM
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 2026
Sales ₹0 Cr +169.2% vs Jun 2025. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-21Annual General Meeting
2022-09-20Annual General Meeting
2021-09-20 Annual General Meeting
2020-09-17 Annual General Meeting
2019-09-19 Annual General Meeting
2018-08-01 Annual General Meeting
2017-09-19 Annual General Meeting
2016-09-21 Annual General Meeting (Book Closure End Date Revised)
2015-09-21 Annual General Meeting
2014-09-22Annual General Meeting
2013-09-19Annual General Meeting
2012-09-20Annual General Meeting
2011-09-21Annual General Meeting
2010-09-21Annual General Meeting
2009-09-18Annual General Meeting
2008-09-19Annual General Meeting
2007-09-21Agm
2006-09-08Agm
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.
Order dateForumCase
2021-07-05NCLTNorthern Projects Ltd. & Ors. Vs. Vs Blue Coast Hotels & Resorts Ltd. & Ors.
2021-01-27NCLTNorthern Projects Ltd. & Ors. Vs. Vs Blue Coast Hotels & Resorts Ltd. & Ors.
2018-02-05NCLATNorthern Projects Ltd. & Ors. VS Blue Coast Hotels & Resorts Ltd. & Others.
2018-02-05NCLATNorthern Projects Ltd. & Ors. VS Blue Coast Hotels & Resorts Ltd. & Others
2018-02-05NCLATNorthern Projects Ltd. & Ors. VS Blue Coast Hotels & Resorts Ltd. & Others
2018-02-05NCLATNorthern Projects Ltd. & Ors. VS Blue Coast Hotels & Resorts Ltd. & Others
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
EPS in the scrip is zero (4 trailing quarters)GSMLess than 100 unique PAN traded in previous 30 days
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03