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Velan Hotels Ltd Fundamentals

Market Cap
₹ 21.19 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
54.46
Debt to Equity
5.60
ROE
0.00
EPS (TTM)
0.00
Dividend Yield
0.00 %
Book Value
0.12

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Velan Hotels Ltd Financials

Velan Hotels Ltd Financials

Velan Hotels Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 75.00 % 80.15 % 80.15 % 80.15 %
Retail 21.31 % 17.55 % 17.55 % 17.55 %
Others 3.69 % 2.30 % 2.30 % 2.30 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

75.00%

Retail

21.31%

Others

3.69%

Mutual Funds

0.00%

FII

0.00%

Promoters

80.15%

Retail

17.55%

Others

2.30%

Mutual Funds

0.00%

FII

0.00%

Promoters

80.15%

Retail

17.55%

Others

2.30%

Mutual Funds

0.00%

FII

0.00%

Promoters

80.15%

Retail

17.55%

Others

2.30%

Mutual Funds

0.00%

FII

0.00%

Resistance and Support

₹6.78

PIVOT

resistance-arrow
Resistance
First Resistance₹6.993
Second Resistance₹7.357
Third Resistance₹7.573
support-arrow
Support
First Support₹6.413
Second Support₹6.197
Third Support₹5.833

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day9,2499,249100.00
Week9,24919,4960.00
1 Month9,24936,2770.00
6 Months4,033,6213,554,16484.61

About Velan Hotels Ltd

Incorporated as a private limited company in Mar.'90, Velan Hotels (VHL) was converted into a public limited company in Jun.'92. It was promoted by Shri E.V. Muthukumara Ramalingam and his Associates. The Company is in the business of providing Hospitality Services including running restaurants with a bar for their Chain of Hotels. VHL had set up Hotel Greenfields in South Tirupur, Tamilnadu, at an estimated cost of Rs 5 Crore and commence commercial operations by Oct.'92. Due to certain unavoidable reasons, the project was delayed and there was cost and time overrun. The hotel commenced partial operations in Jul.'93. The project was implemented in stages and was complete in Sep.'94. In Dec.'94, the company got into capital market to take up new projects at Coonoor and Tirupur to cater to all categories of guests. As a part of the project, it tookover Ritz, a running hotel, at Coonoor. After renovation and refurbishing and minor modifications, the hotel commenced operations in 1995. It set up Uthra, a restaurant for the upcountry market at North Tirupur. Uthra was commissioned in Jul.'95. In 2008, the Company started work on a multi-tier food outlet at the centrally located area of Ram Nagar in Coimbatore. The Company added a Premium Multilevel Multi Cuisine Restaurant 'The Velan Food Park' at Ram Nagar, Coimbatore which commissioned its operations during the month of April, 2009. 6 new deluxe rooms were launched to Velan Hotel, Coonoor to meet the increased seasonal demand in 2009. The Company commenced operation of The Velan Esplanade, Shopping Mall on 6th December, 2013.

Managing Director

1990

Founded

E V Muthukumara Ramalingam

NSE Symbol

NA

Velan Hotels Ltd Management

NameDesignation
E V Muthukumara RamalingamManaging Director
M R GauthamExecutive Director
P GanesanChairman & Independent Directo
M Srinivasan.Company Sec. & Compli. Officer
M SasikalaNon-Exec & Non-Independent Dir
S P SivanandamNon-Exec. & Independent Dir.
Nagaraj SaveethkumarIndependent Director

Velan Hotels Ltd News

Velan Hotels declare Quarterly Result
On 29 May 2024
Velan Hotels reports standalone net loss of Rs 0.28 crore in the December 2023 quarter
Reported sales nil
Velan Hotels to convene board meeting
On 18 January 2024
Velan Hotels reports standalone net loss of Rs 0.24 crore in the September 2023 quarter
Reported sales nil
Velan Hotels to declare Quarterly Result
On 10 November 2023
Velan Hotels to hold AGM
On 27 September 2023
Velan Hotels reports standalone net loss of Rs 0.20 crore in the June 2023 quarter
Reported sales nil
Velan Hotels to announce Quarterly Result
On 14 August 2023
Velan Hotels reports standalone net loss of Rs 15.17 crore in the March 2023 quarter
Reported sales nil
Velan Hotels to announce Quarterly Result
On 29 May 2023

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Velan Hotels Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Velan Hotels Ltd shares in BlinkX

Velan Hotels Ltd's P/E ratio is 0.00 times as of May 22, 2024 at 04:00 PM.

Velan Hotels Ltd's most recent financial reports indicate a price-to-book ratio of 54.46, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Velan Hotels Ltd's market is 21 Cr as on May 22, 2024 at 04:00 PM.

The current financial records of Velan Hotels Ltd show a 0.00% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Velan Hotels Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Velan Hotels Ltd stands at 75.00%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.