₹88
▲ +0.21 +0.24%
17 Jul 2026
BSE Listed
HBG Hotels Limited (537839)
Volume: 205Avg Vol 1W: 914Avg Vol 1M: 2,12352W Range:₹71.3₹215.4
Key Ratios
Checked just nowMarket Cap₹181 Cr
Current Price₹88
Previous Close₹87.79
High / Low (52w)₹215.4 / ₹71.3
Volume205
Avg Vol (1W)914
Avg Vol (1M)2,123
Stock P/E65.19
Book Value₹178.36
Dividend Yield17%
ROE73.87%
ROA38.51%
Revenue (TTM)—
Revenue Growth—
Profit Margin10.9%
Total Debt—
Shares Outstanding2 Cr
Face Value—
EPS (TTM)₹1.35
P/B0.49
Debt / Equity1.02
50 DMA₹95.64
200 DMA₹114.18
Day change+0.24%
Price Chart
₹88▼ 57.51% · 1Y
2025-07-172026-07-17
20-day avg volume: 2K shares
Pros
- Healthy return on equity of 73.9%.
- Pays a dividend yield of 17.0%.
- Company is almost debt-free.
- Revenue grew 19% YoY.
- Stock trades below its book value.
Cons
- Stock trades at a high P/E of 65.
Quarterly Results
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹10 Cr | ₹6 Cr | ₹11 Cr | ₹9 Cr | ₹6 Cr | ₹6 Cr | ₹9 Cr | ₹10 Cr |
| EBITDA | ₹4 Cr | ₹1 Cr | ₹3 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr |
| Net Profit | ₹2 Cr | ₹0 Cr | ₹2 Cr | ₹51 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Revenue | ₹26 Cr | ₹30 Cr | ₹35 Cr |
| EBITDA | ₹3 Cr | ₹4 Cr | ₹9 Cr |
| Net Profit | ₹1 Cr | ₹196 Cr | ₹56 Cr |
| EPS | 0.5 | 140.45 | 30.25 |
Balance Sheet
| Metric | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Total Assets | ₹49 Cr | ₹462 Cr | ₹711 Cr |
| Total Liabilities | ₹25 Cr | ₹241 Cr | ₹361 Cr |
| Equity | ₹24 Cr | ₹221 Cr | ₹350 Cr |
| Total Debt | — | — | — |
Cash Flow
| Metric | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Operating | ₹3 Cr | ₹26 Cr | ₹-60 Cr |
| Investing | ₹-4 Cr | ₹-238 Cr | ₹-101 Cr |
| Financing | ₹1 Cr | ₹215 Cr | ₹190 Cr |
| Free Cash Flow | ₹3 Cr | ₹26 Cr | ₹-60 Cr |
Shareholding
Promoter 69.8% Institutions 1.02% Public 29.18%
Efficiency & Working Capital
ROCE0.7%
Interest Coverage1.7
Dividend Payout—
Debtor Days20 d
Inventory Days2 d
Payable Days29 d
Cash Conversion Cycle-7 d
Working Capital Days21 d
Shareholding Details
As of 2026-06-30
Promoter69.8%
FII1%
DII0%
Institutions1%
Public29.2%
Promoter Pledge0%
No. of Shareholders2,653
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 70.4% | 70.4% | 70.4% | 70.4% | 70.4% | 66.6% | 70% | 70% | 71.8% | 69.8% | 69.8% | 69.8% |
| FIIs | 0% | 0% | 0% | 0% | 0.1% | 0.6% | 1.3% | 1.3% | 1.1% | 1.1% | 1% | 1% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.5% | 29.5% | 29.5% | 29.5% | 29.4% | 32.8% | 28.7% | 28.7% | 27.1% | 29.1% | 29.2% | 29.2% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 1,909 | 1,988 | 2,033 | 2,220 | 2,323 | 2,365 | 2,407 | 2,426 | 2,542 | 2,642 | 2,641 | 2,653 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Hede Navigation Private Limited | Shareholding of Promoter and Promoter Group | 24.2% | 49,71,307 |
| Hede Consultancy Company Private Limited | Shareholding of Promoter and Promoter Group | 18.1% | 37,22,880 |
| Shibanee Harlalka | Shareholding of Promoter and Promoter Group | 9.5% | 19,46,190 |
| Star Galaxy Trades Pvt Ltd | Shareholding of Promoter and Promoter Group | 5.9% | 12,12,807 |
| Glacier Trades Pvt Ltd | Shareholding of Promoter and Promoter Group | 5.9% | 12,10,700 |
| Samit Prafulla Hede | Shareholding of Promoter and Promoter Group | 3.8% | 7,77,086 |
| Hbg Trust (seema Arun Pawar) | Shareholding of Promoter and Promoter Group | 1.9% | 3,81,625 |
| Shalini Hemantkumar Shah | Public Shareholding | 1.8% | 3,68,232 |
| M/s Black Hawk Properties Private Limited | Public Shareholding | 1.5% | 3,00,000 |
| Shreya Pandya | Public Shareholding | 1.3% | 2,69,865 |
| Entathur Veeraraghava Reddiar Perumalswa | Public Shareholding | 1.3% | 2,62,990 |
| Sanjiv Dhireshbhai Shah | Public Shareholding | 1.3% | 2,56,577 |
| Nalin Narendra Pandya | Public Shareholding | 1.2% | 2,48,713 |
| Colaba Real Estate Private Limited | Shareholding of Promoter and Promoter Group | 0.5% | 99,115 |
| Prafulla Rajaram Hede | Shareholding of Promoter and Promoter Group | 0% | 10 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Colaba Real Estate Private Limited | 0 | 0% | 2026-06-30 |
| Star Galaxy Trades Pvt Ltd | 0 | 0% | 2026-06-30 |
| Glacier Trades Pvt Ltd | 0 | 0% | 2026-06-30 |
| Hede Navigation Private Limited | 0 | 0% | 2026-06-30 |
| Hede Consultancy Company Private Limited | 0 | 0% | 2026-06-30 |
| Shibanee Harlalka | 0 | 0% | 2026-06-30 |
| Prafulla Rajaram Hede | 0 | 0% | 2026-06-30 |
| Samit Prafulla Hede | 0 | 0% | 2026-06-30 |
| Hbg Trust (seema Arun Pawar) | 0 | 0% | 2026-06-30 |
| Nalin Narendra Pandya | 0 | 0% | 2026-06-30 |
| Sanjiv Dhireshbhai Shah | 0 | 0% | 2026-06-30 |
| Entathur Veeraraghava Reddiar Perumalswa | 0 | 0% | 2026-06-30 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| SAMIT PRAFULLA HEDE | Executive Director & MD | 2025 |
| SHIBANI MANISH HARLALKA | Non Executive Women Director | 2025 |
| Paul David Talbot Willcox | Non Executive Director | 2025 |
| Arun P Pawar | Non Executive Director | 2025 |
| Dev Toprani | Independent Non Exe. Director | 2025 |
| Kiran Narayan Talchekar | Independent Non Exe. Director | 2025 |
| Anita Shantaram | Independent Director | 2025 |
| Mansi Rajesh Thakkar | Company Sec. & Compli. Officer | 2025 |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹10 | 21 | 19 | 19 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| dividend | 2026-05-15 | ₹0.15 (1.5%) | Interim |
| dividend | 2025-09-22 | ₹0.15 (1.5%) | Final |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 203 | 0 | 0 | 1 | 99 | 302 |
| 2025 | 203 | 0 | 0 | 0 | 99 | 302 |
| 2025 | 0 | 0 | 0 | 1 | 0 | 1 |
Substantial Acquisitions (SAST)
1 disclosure(s)
Pref. Allotment15/07/2025 · 13,41,000
Company Information
🌐 www.hbgindia.com ↗
📍 Durga Bhavan, Hede Centre Tonca, Panaji, Goa, 403001
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