BYKE
The Byke Hospitality financials
- Market cap
- ₹162 Cr
- Sector
- Consumer Services
What The Byke Hospitality Ltd does
The Byke Hospitality Limited runs The Byke, positioned as India's first chain of pure-vegetarian hotels and resorts, alongside a separate budget-oriented hotel brand, MadStays. The group's portfolio comprises 28 hotels and resorts with over 1,550 rooms across 12 states and 22 cities, made up of both owned and leased properties at tourist and business destinations. Properties combine guest rooms with in-house multi-cuisine restaurants and banquet halls, catering to both leisure travellers and corporate/wedding events.
Segments
- The Byke — pure-vegetarian hotels & resorts
- MadStays — budget-friendly hotels
- Hotels & resorts in portfolio
- 28 (FY25)
- Total rooms
- 1,550+ (FY25)
- States with presence
- 12 (FY25)
- Cities with presence
- 22 (FY25)
- Hotel brands operated
- 2 (The Byke; MadStays)
- Years in hospitality
- 35+ (incorporated 1990)
Quarterly results
Q1 FY27: revenue up 7.6%, net profit up 4.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 26 | 27 | 27 | 25 +20% | 27 +5% | 28 +4% | 29 +8% |
| EBITDA | 7 | 10 | 11 | 12 | 11 +57% | 12 +23% | 12 +12% | 13 +7% |
| Net profit | 0 | 1 | 1 | 2 | 1 +171% | 2 +50% | 2 +118% | 2 +5% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −56.8% 1Y
1Y: ₹71.86 on 10 Sept 2025 → ₹31.05. High ₹71.86 (10 Sept 2025), low ₹27.09 (30 Mar 2026).
Financials, as filed
Revenue fell 2.3% a year over 3 years, FY23 to FY26. Operating margin widened to 44.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹114 Cr | ₹84 Cr | ₹97 Cr | ₹107 Cr |
| Operating profit | ₹40 Cr | ₹35 Cr | ₹37 Cr | ₹47 Cr |
| Operating margin | 34.8% | 41.9% | 38.3% | 44.3% |
| Interest | ₹10 Cr | ₹7 Cr | ₹9 Cr | ₹12 Cr |
| Depreciation | ₹30 Cr | ₹25 Cr | ₹26 Cr | ₹30 Cr |
| Net profit | ₹2 Cr | ₹6 Cr | ₹5 Cr | ₹7 Cr |
| Net margin | 2.0% | 6.7% | 4.8% | 6.3% |
| Cash from operations | ₹61 Cr | ₹21 Cr | ₹10 Cr | ₹22 Cr |
| Free cash flow | ₹19 Cr | ₹13 Cr | ₹-4 Cr | ₹6 Cr |
| ROCE | 5.0% | 5.0% | 5.0% | 6.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹40 Cr | ₹40 Cr | ₹40 Cr | ₹47 Cr | ₹52 Cr | ₹52 Cr |
| Reserves | ₹130 Cr | ₹117 Cr | ₹119 Cr | ₹155 Cr | ₹176 Cr | ₹179 Cr |
| Borrowings | ₹80 Cr | ₹97 Cr | ₹81 Cr | ₹59 Cr | ₹103 Cr | ₹106 Cr |
| Other liabilities | ₹13 Cr | ₹9 Cr | ₹6 Cr | ₹6 Cr | ₹7 Cr | ₹6 Cr |
| Total liabilities | ₹263 Cr | ₹263 Cr | ₹247 Cr | ₹267 Cr | ₹338 Cr | ₹344 Cr |
| Fixed assets | ₹142 Cr | ₹147 Cr | ₹161 Cr | ₹141 Cr | ₹189 Cr | ₹179 Cr |
| Capital work in progress | ₹22 Cr | ₹10 Cr | ₹6 Cr | ₹8 Cr | ₹10 Cr | ₹11 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹5 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹100 Cr | ₹106 Cr | ₹80 Cr | ₹113 Cr | ₹139 Cr | ₹154 Cr |
| Total assets | ₹263 Cr | ₹263 Cr | ₹247 Cr | ₹267 Cr | ₹338 Cr | ₹344 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025.
- Promoters
- 42.3%
- FIIs
- 2.1%
- Public
- 55.6%
Since Jun 2025
- Public −0.02 pp
- FIIs +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 46.9% to 42.3% — −4.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 46.9%, DIIs 0.9%, Public 52.2%.Dec '23: Promoters 46.9%, FIIs 0.0%, DIIs 0.9%, Public 52.2%.Mar '24: Promoters 42.8%, FIIs 0.1%, DIIs 0.8%, Public 56.2%.Jun '24: Promoters 42.8%, FIIs 1.8%, Public 55.3%.Sep '24: Promoters 42.3%, FIIs 2.1%, Public 55.6%.Dec '24: Promoters 42.3%, FIIs 2.3%, Public 55.5%.Mar '25: Promoters 42.3%, FIIs 2.1%, Public 55.6%.Jun '25: Promoters 42.3%, FIIs 2.1%, Public 55.6%.Sep '25: Promoters 42.3%, FIIs 2.1%, Public 55.6%.Dec '25: Promoters 42.3%, FIIs 2.2%, Public 55.5%.Mar '26: Promoters 42.3%, FIIs 2.6%, Public 55.1%.Jun '26: Promoters 42.3%, FIIs 2.1%, Public 55.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of The Byke Hospitality Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Hotel Relax Private Ltd. | 17.07% | unchanged |
| Vinita Sunil Patodia | 8.91% | unchanged |
| Anil Chothmal Patodia | 7.02% | unchanged |
| Florence Agrofoods Llp | 3.35% | unchanged |
| Archana Anil Patodia | 2.96% | unchanged |
| Genesis Grand General Trading L.L.C Corporate | 2.14% | unchanged |
| Choice Capital Advisors Private Limited | 1.91% | unchanged |
| Arunkumar Poddar | 1.86% | unchanged |
| Aayush Anil Patodia | 1.66% | unchanged |
| Optirational Ventures Llp | 1.55% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.24% | unchanged |
| Ritesh Dalmia | 1.15% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse The Byke Hospitality Ltd
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