Byke Hospitality Ltd. (BYKE) AI Stock Analysis

Byke Hospitality Ltd.

(NSE:BYKE)

Select Model

Rating:56Neutral

Price Target:INR 29.00▼(-0.28% Downside)

Action:reiterated

Date:08/25/26

The score is driven mainly by improving financial performance (return to profitability and strong FY2026 growth) but tempered by inconsistent margins and cash conversion plus rising debt. Technicals are a clear headwind with the stock trading below all major moving averages and negative momentum indicators. Valuation is only middling (P/E ~24.34) and does not strongly offset the volatility and weak trend.

Positive Factors

Return to profitabilityThe return to positive operating profit and net income marks a material improvement from the FY2021–FY2022 loss years. If maintained, stronger profitability can support reinvestment, improve resilience, and provide a more durable earnings base for the hotel portfolio.

Negative Factors

Earnings and margin volatilityThe FY2024 revenue decline and sharply changing margins make the recent recovery harder to treat as a stable trend. Persistent earnings variability can reduce forecasting confidence, weaken operating leverage, and make future profitability more dependent on changing business conditions.

Byke Hospitality Ltd. (BYKE) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 1.51B
Dividend Yield: ―
Average Volume (3M): 3,927
Price to Earnings (P/E): 22.0
Beta (1Y): 1.47
Revenue Growth: 8.51%
EPS Growth: 53.19%
Country: India
Employees: 1,123
Sector: General
Sector Strength: 55
Industry: Travel Lodging

Byke Hospitality Ltd. Business Overview & Revenue Model

Company Description

The Byke Hospitality Limited is an Indian enterprise primarily involved in the ownership, operation, and management of hotel and resort establishments. The company currently oversees a portfolio of 16 properties, each operating under 'The Byke' brand...

Byke Hospitality Ltd. Financial Statement Overview

Summary

Profitability has improved materially with FY2026 showing positive operating profit and net income alongside strong revenue growth. However, results have been volatile across years (including a revenue decline in FY2024), margins swing sharply year-to-year, free cash flow is inconsistent, and debt has risen again in FY2025–FY2026—reducing confidence in durability.

Income Statement

68Positive

Balance Sheet

63Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	1.07B	1.07B	966.40M	838.59M	1.14B	932.89M
Gross Profit	584.83M	442.15M	656.42M	166.03M	244.44M	82.51M
EBITDA	483.56M	472.71M	393.43M	364.24M	408.83M	241.61M
Net Income	67.05M	67.05M	45.95M	56.47M	22.89M	-128.23M
Balance Sheet
Total Assets	3.44B	3.44B	3.23B	2.67B	2.47B	2.63B
Cash, Cash Equivalents and Short-Term Investments	54.65M	54.65M	421.48M	217.43M	20.98M	51.04M
Total Debt	1.05B	1.05B	914.44M	589.29M	811.48M	966.69M
Total Liabilities	1.13B	1.13B	987.61M	647.81M	873.62M	1.06B
Stockholders Equity	2.31B	2.31B	2.25B	2.02B	1.60B	1.57B
Cash Flow
Free Cash Flow	61.96M	55.88M	-38.72M	132.35M	191.54M	156.71M
Operating Cash Flow	163.75M	217.49M	95.86M	208.25M	606.70M	173.00M
Investing Cash Flow	-44.54M	-58.86M	-70.75M	-230.67M	-404.85M	-4.61M
Financing Cash Flow	-138.66M	-169.16M	-42.23M	68.75M	-231.91M	-150.30M

Byke Hospitality Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price29.08

Price Trends

50DMA30.30Negative

100DMA31.92Negative

200DMA36.78Negative

Market Momentum

MACD-0.53Negative

RSI47.58Neutral

STOCH45.01Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BYKE, the sentiment is Negative. The current price of 29.08 is below the 20-day moving average (MA) of 29.13, below the 50-day MA of 30.30, and below the 200-day MA of 36.78, indicating a bearish trend. The MACD of -0.53 indicates Negative momentum. The RSI at 47.58 is Neutral, neither overbought nor oversold. The STOCH value of 45.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BYKE.

Byke Hospitality Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:BYKE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:RHL	66Neutral	INR 2.86B	10.54	―	―	6.52%	40.10%
IN:SINCLAIR	58Neutral	INR 3.68B	34.63	―	1.11%	21.16%	-19.16%
IN:BYKE	56Neutral	INR 1.52B	22.05	―	―	8.51%	53.19%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:APOLSINHOT	54Neutral	INR 3.03B	36.39	―	0.26%	21.59%	-18.39%
IN:CCHHL	41Neutral	INR 2.09B	-12.01	―	―	20.56%	-463.47%

* General Sector Average

Performance Comparison

IN:BYKE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:BYKE	Byke Hospitality Ltd.	29.08	-32.06	-52.44%
IN:APOLSINHOT	Apollo Sindoori Hotels Ltd.	1163.50	-147.36	-11.24%
IN:CCHHL	Country Club Hospitality & Holidays Limited	12.77	-4.46	-25.89%
IN:GIRRESORTS	GIR Natureview Resorts Ltd.	113.65	0.00	0.00%
IN:RHL	Robust Hotels Ltd.	165.50	-72.85	-30.56%
IN:SINCLAIR	Sinclairs Hotels Limited	71.73	-20.20	-21.97%

Byke Hospitality Ltd. Corporate Events

Byke Hospitality Corrects Voting Results for 36th AGM After SEBI Filing Error

Sep 30, 2026

The Byke Hospitality Limited has issued a revised set of voting results and the scrutinizer’s report for its 36th Annual General Meeting held on September 26, 2026 in Mumbai, correcting a typographical error in the previously filed SEBI voting...

Byke Hospitality details proceedings of 36th Annual General Meeting

Sep 26, 2026

Byke Hospitality Ltd. has reported that its 36th Annual General Meeting was convened on September 26, 2026, at a Mumbai hotel near the city’s T2 airport terminal, in compliance with the Companies Act, SEBI listing rules and relevant regulatory...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 25, 2026

Byke Hospitality Ltd. AI Stock Analysis