Velan Hotels (BSE: VELHO) is loss-making over the last 12 months, losing ₹9.50 Cr, so a P/E ratio does not apply. Its share price on 5 Nov 2026 was ₹5.50, 28% below its 52-week high. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹34 Cr. It is a small-cap company with a market cap of ₹18 Cr, ranked 52nd of 54 Lodging companies by market cap; the shares rose 0.5% over the past year.
- ₹5.24
- ₹5.50
- ₹4.98
- ₹5.50
- 701
Health check
- ReturnsIn line
+0.5% over a year, better than 4 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹18 Cr
- Small cap
- P/E
- n/a
- Industry 28.0
- Price to book
- −0.78
- Peers 4.46
- Dividend yield
- 0.00%
- ROE
- n/a
- Peers 16.5%
- ROCE
- −1.7%
- Peers 16.2%
- Debt to equity
- n/a
- Debt ₹34 Cr
- EPS (TTM)
- −₹2.96
- OPM (TTM)
- −58909.1%
- Net margin 0.0%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 7991.03
- EV/EBITDA −58.9
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- Interest coverage of only −0.1×.
About Velan Hotels
Velan Hotels Limited provides hospitality services in India. The company also operates and manages hotels and restaurants with bar facilities. It offers guest accommodation and food and beverage services. Velan Hotels Limited was incorporated in 1990 and is based in Tirupur, India.
- Headquarters
- Tirupur
- Employees
- 4
- Sector
- Consumer Cyclical
- ISIN
- INE548D01014
- Website
- velanhotels.com
Price range
- Avg volume (3M)
- 9.1K
- 1-year return
- plus 0.5%
- From 52-week high
- minus 27.5%
Peers · Lodging
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INDHOTELIndian Hotels Co. | 888.00 | plus 1.49% | 1,26,401 | 57.2 | 9.27 | 17.4% | 16.5% | 32.9% | 18.6% | 27.6% | 0.37% | plus 17.7% |
| THELEELALeela Palaces Hotels & Resorts | 692.30 | plus 0.37% | 23,120 | 37.2 | 3.53 | 8.3% | 7.2% | 48.9% | 21.1% | – | 0.00% | plus 56.7% |
| EIHOTELEIH | 313.05 | plus 1.72% | 19,577 | 27.5 | 3.72 | 16.2% | 12.7% | 34.1% | 13.3% | 25.9% | 0.48% | minus 22.9% |
| CHALETChalet Hotels | 810.70 | minus 1.52% | 17,754 | 30.1 | 4.46 | 16.6% | 19.1% | 44.1% | 34.9% | 52.1% | 0.25% | minus 14.4% |
| VENTIVEVentive Hospitality | 540.55 | plus 1.53% | 12,624 | 28.0 | 2.23 | 9.7% | 8.3% | 43.2% | 13.0% | – | 0.00% | minus 27.8% |
| LEMONTREELemon Tree Hotels | 117.39 | minus 0.12% | 9,295 | 36.1 | 6.16 | 13.5% | 17.8% | 47.5% | 16.3% | 25.6% | 0.00% | minus 30.0% |
| ITDCIndia Tourism Development Corporation | 630.65 | minus 0.30% | 5,409 | 65.6 | 12.80 | 26.6% | 21.1% | 17.0% | 4.6% | 14.5% | 0.47% | plus 3.2% |
| VELHOVelan Hotels | 5.50 | 0.00% | 18 | – | −0.78 | −1.7% | – | −58909.1% | – | – | 0.00% | plus 0.5% |
| Median of 7 peers | – | 0.37% | 17,754 | 36.1 | 4.46 | 16.2% | 16.5% | 43.2% | 16.3% | 25.9% | 0.25% | −14.4% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 0 | – | 0 | – | – | |
| 0.2 | – | 0.1 | – | – | |
| −0.2 | −0.1 | −0.1 | −0.6 | −0.1 | |
| −3550.0% | – | −4956.5% | – | – | |
| −0 | 0 | 0 | 0 | −0 | |
| 0.3 | 0.3 | 6.8 | – | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | – | |
| – | – | – | – | −4.4 | |
| −0.6 | −0.5 | −7 | −0.7 | −4.4 | |
| – | – | – | – | 70.9% | |
| −0.6 | −0.5 | −7 | −0.7 | −1.3 | |
| -0.17 | -0.16 | -2.19 | -0.22 | -0.39 |
Profit & loss
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | – | 0 | 0 | |
| – | – | 0.9 | 0.5 | |
| −0.5 | −0.6 | −0.9 | −0.5 | |
| – | – | −49661.1% | −1293.8% | |
| 0 | −0 | 0 | −0 | |
| 0 | – | 11.4 | 7.5 | |
| 2.2 | 0.5 | 0.5 | 0.5 | |
| −15.8 | – | – | – | |
| −18.5 | −1.1 | −12.8 | −8.5 | |
| −0.2% | – | – | – | |
| −18.5 | −1.1 | −12.8 | −8.5 | |
| -5.79 | -0.34 | -4.01 | -2.66 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 32 | 32 | 32 | 32 | |
| −25.4 | −26.5 | −39.3 | −47.8 | |
| 51.9 | 49.9 | 62 | 50.6 | |
| 6.5 | 6.3 | 4.5 | 24.8 | |
| 64.9 | 61.7 | 59.2 | 59.6 | |
| 52.5 | 52 | 51.4 | 50.9 | |
| 0 | 0 | 0 | 0 | |
| 12.4 | 9.7 | 7.7 | 8.6 | |
| 64.9 | 61.7 | 59.2 | 59.6 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.8 | 2 | −0.7 | 18.9 | |
| 10.5 | – | – | – | |
| −8.7 | −2 | 0.7 | −18.9 | |
| −0 | 0 | −0 | 0 | |
| −1.8 | 2 | −0.7 | 18.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.