BHARAT HOTELS LIMITED is headquartered in New Delhi. The first hotel of the company was opened in 1988. The company was founded by Mr. Lalit Suri. He had also served as a Member of Parliament representing Uttar Pradesh in the Rajya Sabha. After Mr. Lalit Suri, the leadership went into the hands of Dr. Jyotsna Suri in 2006. All the hotels under the group were operated under the brand ‘The Grand – Hotels, Palaces & Resorts, but in 2008, it was rebranded as ‘The Lalit.
The company owns 12 luxury hotels, Palaces & Resorts, and 2 mid-segment hotels under The LaLiT Traveller brand. The company in total has 2261 rooms to offer. Moreover, they also have exclusive management rights to operate the hotel in London with 70 rooms.
During the current COVID-19 pandemic, some of the hotels of company are accommodating doctors at a fixed rate to be paid by the Government.
The company has 5 subsidiary companies and 1 joint venture. Apart from that, Bharat Hotels Limited also runs ‘The Lalit Suri Educational and Charitable Trust’
In the future, they are planning to develop 3 new hotels in Ahmedabad, Mangalore, and Dehradun, which will in consolidate and offer 290 rooms and 115 cottages. They are also developing 50 additional rooms at the ‘The Lalit Laxmi Vilas Palace Udaipur’. Bharat Hotels Limited has developed its own brands like Baluchi, OKO, 24/7, The LaLiTBoulangerie, the Lalit food truck company, and the Kitty Su. In the COVID-19 pandemic, they started home delivery of bakery, confectionery, and gourmet hampers. The Company is also exploring possibilities of digital channels to
make more products and services available to guests like Ayurveda doctor consultancy, wellness packages, chef at home, bartender at home, Kitty comes home, and industrial catering.
Outstanding Shares of Bharat Hotels Limited: |
75991199 |
Face Value of Bharat Hotels Limited: |
Rs. 10 Per Equity Shares |
ISIN of Bharat Hotels Limited: |
INE466A01015 |
PAN No of Bharat Hotels Limited: |
AAACB1298E |
GST No of Bharat Hotels Limited: |
07AAACB1298E2ZW |
Lot Size of Bharat Hotels Limited: |
100 |
Share last Traded Price |
Best in Industry |
Date of Delisting of Bharat Hotels Limited: |
11-Jun-03 |
| Rate of Delisting of Bharat Hotels Limited: | Rs. 28.91 |
| Reason For Delisting of Bharat Hotels Limited: | Non-compliance with clause 21(3)(a) of the SEBI(SAST) Regulations 1997 |
CIN of Bharat Hotels |
U74899DL1981PLC011274 |
Registration Date of Bharat Hotels |
22 January 1981 |
Bharat Hotels Registered office address and contact details |
Barakhamba Lane, New Delhi-110001 Tel.: 011-44447777, Fax: 011-44441234, Email Address: corporate@thelalit.com |
Bharat Hotels Registrar and Transfer Agent address and contact details |
KFIN TECHNOLOGIES LIMITED |
|
Name and Description of main products / services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Hotel & Restaurant Operations |
99631110 & 99633101 |
98.78% |
Dr. Jyotsna Suri (Chairperson And Managing Director)
Ms. Divya Suri Singh (Executive Director)
Ms. Deeksha Suri (Executive Director)
Mr. Keshav Suri (Executive Director)
Dr. Mohmmad Yousuf Khan (Director)
Mr. Dhruv Prakash (Independent Director)
Mr. Vivek Mehra (Independent Director)
Ms. Shovana Narayan (Independent Director)
|
Name of the Company |
Subsidiary/Associate |
% of shares held |
|
Jyoti Properties and Hospitality Limited |
Subsidiary |
99.99% |
|
Lalit Great Eastern Kolkata Hotel Limited |
Subsidiary |
90.00% |
|
PCL Hotels Limited |
Subsidiary |
99.60% |
|
The Lalit Suri Educational and Charitable Trust |
Wholly Owned Subsidiary |
100% |
|
Kujjal Hotels Private Limited |
Subsidiary |
50.00% |
| S. No. | Shareholder’s Name | No. of Shares | % of total Shares of the company |
| 1 | Promoter | 73685112 | 96.97% |
| 2 | Public Shareholding | 2306087 | 3.03% |
| Total | 75991199 | 100.00% |
The Hotel industry is a part of the Travel and Tourism industry in India. Average Room Rate (ARR) and Revenue per Available Room (RevPAR) are the key performance indicators for the Hotel industry to measure business expansion and manage hotels.
The Hotel industry can be segmented into branded or traditional hotels, independent/unbranded hotels, new-age hotel chains, and alternate accommodations. The independent/unbranded segment accounts for around 70% of the total available hotel rooms. And the second largest segment is alternate accommodations.
Some signs of positivity emerged in the hospitality sector. Leisure demand drives the growth, with holiday destinations in close proximity to major cities witnessing a surge in weekend getaway demand. The industry also witnessed a recovery in the F&B segment as people started dining out.
FAQs on Bharat Hotels
Q. What
is the face value of Bharat Hotels shares?
Answer: The face value of Bharat Hotels shares is ₹10 per equity share.
Q. What
is the minimum lot size for buying Bharat Hotels shares through WWIPL?
Answer: The minimum lot size is 100 shares, subject to market
availability.
Q. How
can I buy Bharat Hotels shares through WWIPL?
Answer: Investors can place an order through WWIPL and receive shares
directly in their Demat account after completion of the transaction process.
Q. What
does Bharat Hotels Limited do?
Answer: Bharat Hotels is a luxury hospitality company that owns
and operates premium hotels and resorts under the LaLiT brand across
India.
Q. Which
brand operates under Bharat Hotels?
Answer: The company operates luxury hotels under the The LaLiT
Hotels, Palaces & Resorts brand.
Q. What
segment does Bharat Hotels operate in?
Answer: It operates in the luxury hospitality and premium hotel
segment, including business hotels, resorts, and convention centers.
Q. Who
founded Bharat Hotels?
Answer: The company was founded by Dr. Lalit Suri.
Q. Is
Bharat Hotels a listed company?
Answer: No. Bharat Hotels is an unlisted company, and its shares
are traded in the private/unlisted market.
Q. Is
investing in Bharat Hotels a good idea?
Answer: Investors typically evaluate it based on India’s tourism
growth, premium hospitality demand, and recovery in travel and business hotel
occupancy.
Q. What
are the key growth drivers for Bharat Hotels?
Answer: Growth in domestic tourism, MICE (meetings and events), premium
hospitality demand, and higher occupancy rates drive performance.
Q. What
factors influence valuation of Bharat Hotels shares?
Answer: Room occupancy, average room rates (ARR), RevPAR, hotel
expansion, tourism cycles, and operating leverage.
Q. What
are the risks of investing in Bharat Hotels?
Answer: Cyclicality in travel demand, high fixed costs, competition from
global hotel chains, and sensitivity to economic downturns.
Q. Why do
investors track Bharat Hotels shares?
Answer: It is viewed as a play on India’s premium hospitality and
tourism sector recovery and long-term travel demand growth.
Q. What
should investors evaluate before investing in Bharat Hotels?
Answer: Investors should assess occupancy trends, revenue per room,
brand positioning, expansion plans, and tourism demand cycles.