Outcome of Board Meeting held on 29.04.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.3 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Benares Hotels Limited reported FY2026 results with total income of Rs 14,490.47 lakhs, marginally up from Rs 14,126.12 lakhs in the previous year. Profit Before Tax stood at Rs 5,806.73 lakhs (vs Rs 5,810.97 lakhs), and Total Comprehensive Income was Rs 4,341.31 lakhs (vs Rs 4,296.95 lakhs). The Board recommended an unchanged dividend of Rs 25 per share (250%). Statutory auditors PKF Sridhar & Santhanam LLP issued an unmodified (clean) opinion. An exceptional item of Rs 11.34 lakhs was recorded due to implementation of new labour codes. The company also announced board changes including appointment of two new directors and resignation of one director. Taj Ganges hotel expanded with 100 additional rooms achieving over 80% occupancy.
The company delivered stable financial performance with flat profits and a clean audit opinion. The unchanged dividend signals confidence, though revenue growth remains modest at around 2.6%. Board changes and the hotel expansion may indicate strategic positioning.