Hotel Forest Inn Limited (HFIN) Share Price & Fundamentals

Hotel Forest Inn (HFIN) share price is Rs. 628.40, down 0.41% on 2026-09-22. Open Rs. 631.00. High Rs. 640.00. Low Rs. 628.10. Volume 16,421.

Hotel Forest Inn Limited is a NEPSE-listed company (HFIN), Hotels And Tourism sector. Revenue: Rs. 13.63 Crore. Net loss: Rs. 17.2 Crore. Net worth: Rs. 200.41 Crore.

About Hotel Forest Inn Limited

Hotel Forest Inn Limited (HFIN) has 2,00,00,000 shares outstanding.

Company website: hotelforestinn.com.np.

HFIN key metrics

Market Cap	Rs. 1,256.80 Crore
Loss Per Share	Rs. 8.60
Book Value	Rs. 100.21
Dividend Yield	0.00%
Face Value	Rs. 100.00
52 Week High	Rs. 1,450.60
52 Week Low	Rs. 101.70

HFIN strengths

What Hotel Forest Inn Limited's own accounts show in its favour, graded against the rest of its sector.

Shareholders' stake in the hotel grew 33.1% over the year. (Shareholder Returns)
100% of income comes from running the hotel itself rather than side earnings. (Revenue Growth)

HFIN weaknesses

What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.

Operating margin is -61.6%, so running costs take too much of what the hotel earns. (Profitability)
Return on shareholders' money is -8.6%, below what owners would hope for. (Profitability)
Net profit margin is -126.1%, less than most hotels keep once every cost is paid. (Profitability)
EBIT margin is -61.6%, below what most hotels earn before interest and tax. (Profitability)
Interest cover is -0.95x, so a quiet season could make loans hard to pay. (Leverage & Solvency)
Total costs are 226.2% of sales, leaving very little or nothing as profit. (Cost Efficiency)
Return on everything it owns is -3.8%, so its property is underused. (Profitability)
Wages take 57.4% of sales, a heavy load for a business this size. (Cost Efficiency)
Every rupee of property and equipment brings in only 0.03x of sales. (Asset Utilisation)
Cash is only 1.5% of everything it owns, leaving little spare for a quiet spell. (Liquidity)
Wear on the building and equipment costs 33% of sales, a heavy drag on profit. (Operating Efficiency)
Food and drink cost 44.6% of sales, which squeezes what is left over. (Cost Efficiency)
Only 44.1% of what it owns is paid for by shareholders, the rest is funded by debt. (Leverage & Solvency)
Buildings and equipment tie up 91.5% of everything it owns, which is hard to sell quickly. (Asset Utilisation)
What the hotel owns moved 6.9%, so it is not putting money into growth. (Shareholder Returns)

HFIN Q4 2082/83 results

In Q4 2082/83 Hotel Forest Inn Limited reported a loss of Rs. 6.35 crore and revenue from operations of Rs. 5.82 crore. Profit in Q3 2082/83 was a loss of Rs. 5.41 crore. The loss widened 17.42% on the previous quarter. Revenue from operations grew 39.11% on the previous quarter.

HFIN annual results 2081/82

For the financial year 2081/82 Hotel Forest Inn Limited reported a net loss of Rs. 17.2 crore, revenue from operations of Rs. 13.63 crore and net worth of Rs. 200.41 crore. Net profit in 2080/81 was a loss of Rs. 1.72 crore. The loss widened 900.09% on the year.

HFIN profit and loss for 2081/82

In the financial year 2081/82, Hotel Forest Inn Limited reported total income of Rs. 13.64 crore, total expenses of Rs. 30.83 crore, ebitda of Rs. 3.9 crore, operating profit (ebit) of Rs. 8.4 crore, profit before tax of Rs. 17.2 crore and net profit for the year of Rs. 17.2 crore.

Reported under total income: revenue from operations of Rs. 13.63 crore and other income of Rs. 0 crore. Reported under total expenses: cost of food, beverage & material consumed of Rs. 6.08 crore, employee benefits expenses of Rs. 7.83 crore, administrative & other expenses of Rs. 3.62 crore and depreciation & amortization expenses of Rs. 4.5 crore. Reported under profit before tax: finance costs of Rs. 8.8 crore. Reported under net profit for the year: current tax of Rs. 0 crore and deferred tax (income)/expense of Rs. 0 crore.

HFIN profit and loss for 2080/81

In the financial year 2080/81, Hotel Forest Inn Limited reported total income of Rs. 0.01 crore, total expenses of Rs. 1.7 crore, ebitda of Rs. 1.4 crore, operating profit (ebit) of Rs. 1.69 crore, profit before tax of Rs. 1.71 crore and net profit for the year of Rs. 1.72 crore.

Reported under total income: revenue from operations of Rs. 0 crore and other income of Rs. 0.01 crore. Reported under total expenses: cost of food, beverage & material consumed of Rs. 0 crore, employee benefits expenses of Rs. 0.58 crore, administrative & other expenses of Rs. 0.83 crore and depreciation & amortization expenses of Rs. 0.29 crore. Reported under profit before tax: finance costs of Rs. 0.02 crore. Reported under net profit for the year: current tax of Rs. 0 crore and deferred tax (income)/expense of Rs. 0.01 crore.

HFIN profit and loss for 2079/80

In the financial year 2079/80, Hotel Forest Inn Limited reported total income of Rs. 0 crore, total expenses of Rs. 0.79 crore, ebitda of Rs. 0.5 crore, operating profit (ebit) of Rs. 0.79 crore, profit before tax of Rs. 0.85 crore and net profit for the year of Rs. 0.83 crore.

Reported under total income: revenue from operations of Rs. 0 crore and other income of Rs. 0 crore. Reported under total expenses: cost of food, beverage & material consumed of Rs. 0 crore, employee benefits expenses of Rs. 0.19 crore, administrative & other expenses of Rs. 0.31 crore and depreciation & amortization expenses of Rs. 0.29 crore. Reported under profit before tax: finance costs of Rs. 0.06 crore. Reported under net profit for the year: current tax of Rs. 0 crore and deferred tax (income)/expense of Rs. 1.68 crore.

HFIN balance sheet for 2081/82

In the financial year 2081/82, Hotel Forest Inn Limited reported total assets of Rs. 454.53 crore, total liabilities of Rs. 254.12 crore and total equity of Rs. 200.41 crore.

Reported under total assets: property, plant & equipment of Rs. 415.85 crore, capital work-in-progress of Rs. 0 crore, intangible assets of Rs. 1.28 crore, other non-current assets of Rs. 25.14 crore, inventories of Rs. 1.52 crore, trade & other receivables of Rs. 1.45 crore, other current assets of Rs. 2.53 crore and cash & cash equivalents of Rs. 6.76 crore. Reported under total liabilities: long-term borrowings of Rs. 211.02 crore, short-term borrowings of Rs. 16.21 crore, trade & other payables of Rs. 5.61 crore, provisions of Rs. 16.79 crore and other current liabilities of Rs. 4.48 crore. Reported under total equity: share capital of Rs. 160 crore, share premium of Rs. 8.99 crore, revaluation reserve of Rs. 55.37 crore and retained earnings of Rs. 23.94 crore.

HFIN balance sheet for 2080/81

In the financial year 2080/81, Hotel Forest Inn Limited reported total assets of Rs. 425.12 crore, total liabilities of Rs. 274.49 crore and total equity of Rs. 150.62 crore.

Reported under total assets: property, plant & equipment of Rs. 87.14 crore, capital work-in-progress of Rs. 269.65 crore, other non-current assets of Rs. 61.27 crore, inventories of Rs. 0.32 crore, trade & other receivables of Rs. 0 crore, other current assets of Rs. 0 crore and cash & cash equivalents of Rs. 6.73 crore. Reported under total liabilities: long-term borrowings of Rs. 212.02 crore, short-term borrowings of Rs. 30 crore, trade & other payables of Rs. 0 crore, provisions of Rs. 16.79 crore and other current liabilities of Rs. 15.67 crore. Reported under total equity: share capital of Rs. 102 crore, share premium of Rs. 0 crore, revaluation reserve of Rs. 55.37 crore and retained earnings of Rs. 6.74 crore.

HFIN balance sheet for 2079/80

In the financial year 2079/80, Hotel Forest Inn Limited reported total assets of Rs. 266.7 crore, total liabilities of Rs. 200.03 crore and total equity of Rs. 66.67 crore.

Reported under total assets: property, plant & equipment of Rs. 13.34 crore, capital work-in-progress of Rs. 191.88 crore, intangible assets of Rs. 0 crore, other non-current assets of Rs. 41.99 crore, inventories of Rs. 0 crore, trade & other receivables of Rs. 0 crore, other current assets of Rs. 13.71 crore and cash & cash equivalents of Rs. 5.77 crore. Reported under total liabilities: long-term borrowings of Rs. 173.54 crore, short-term borrowings of Rs. 17.81 crore, trade & other payables of Rs. 8.68 crore, provisions of Rs. 0 crore and other current liabilities of Rs. 0 crore. Reported under total equity: share capital of Rs. 71.69 crore, share premium of Rs. 0 crore, revaluation reserve of Rs. 0 crore and retained earnings of Rs. 5.02 crore.

HFIN cash flow for 2081/82

In the financial year 2081/82, Hotel Forest Inn Limited reported opening cash & cash equivalents of Rs. 6.73 crore, net cash flow from operating activities of Rs. 59.7 crore, net cash flow from investing activities of Rs. 64.83 crore, net cash flow from financing activities of Rs. 5.16 crore, net change in cash of Rs. 0.03 crore and closing cash & cash equivalents of Rs. 6.76 crore.

Reported under net cash flow from operating activities: profit before tax of Rs. 17.2 crore, depreciation & amortization of Rs. 4.5 crore, finance costs (adj.) of Rs. 0 crore, other non-cash adjustments of Rs. 0 crore, changes in working capital of Rs. 72.39 crore and income tax paid of Rs. 0 crore. Reported under net cash flow from investing activities: acquisition of property, plant & equipment (incl. cwip) of Rs. 64.83 crore and acquisition of intangible assets of Rs. 0 crore. Reported under net cash flow from financing activities: repayment of borrowings of Rs. 63.51 crore and proceeds from issue of share capital of Rs. 66.99 crore.

HFIN cash flow for 2080/81

In the financial year 2080/81, Hotel Forest Inn Limited reported opening cash & cash equivalents of Rs. 5.77 crore, net cash flow from operating activities of Rs. 10.23 crore, net cash flow from investing activities of Rs. 77.8 crore, net cash flow from financing activities of Rs. 68.54 crore, net change in cash of Rs. 0.96 crore and closing cash & cash equivalents of Rs. 6.73 crore.

Reported under net cash flow from operating activities: profit before tax of Rs. 1.71 crore, depreciation & amortization of Rs. 0.05 crore, finance costs (adj.) of Rs. 0 crore, other non-cash adjustments of Rs. 0 crore, changes in working capital of Rs. 11.88 crore and income tax paid of Rs. 0 crore. Reported under net cash flow from investing activities: acquisition of property, plant & equipment (incl. cwip) of Rs. 77.8 crore and acquisition of intangible assets of Rs. 0 crore. Reported under net cash flow from financing activities: proceeds from borrowings of Rs. 38.23 crore, repayment of borrowings of Rs. 0 crore and proceeds from issue of share capital of Rs. 30.31 crore.

HFIN cash flow for 2079/80

In the financial year 2079/80, Hotel Forest Inn Limited reported opening cash & cash equivalents of Rs. 0.66 crore, net cash flow from operating activities of Rs. 8.95 crore, net cash flow from investing activities of Rs. 56.53 crore, net cash flow from financing activities of Rs. 52.69 crore, net change in cash of Rs. 5.11 crore and closing cash & cash equivalents of Rs. 5.77 crore.

Reported under net cash flow from operating activities: profit before tax of Rs. 0.83 crore, depreciation & amortization of Rs. 0.06 crore, finance costs (adj.) of Rs. 0 crore, other non-cash adjustments of Rs. 1.68 crore and changes in working capital of Rs. 16.37 crore. Reported under net cash flow from investing activities: acquisition of property, plant & equipment (incl. cwip) of Rs. 56.53 crore and acquisition of intangible assets of Rs. 0 crore. Reported under net cash flow from financing activities: proceeds from borrowings of Rs. 38.14 crore, repayment of borrowings of Rs. 0 crore and proceeds from issue of share capital of Rs. 14.54 crore.

HFIN quarterly for Q4 2082/83

In the quarter Q4 2082/83, Hotel Forest Inn Limited reported total income of Rs. 5.94 crore, total expenses of Rs. 12.28 crore, ebitda of Rs. 0.99 crore, operating profit (ebit) of Rs. 2.91 crore, profit before tax of Rs. 6.35 crore and net profit for the period of Rs. 6.35 crore.

Reported under total income: revenue from operations of Rs. 5.82 crore and other income of Rs. 0.12 crore. Reported under total expenses: cost of food, beverage & material consumed of Rs. 2.22 crore, employee benefits expenses of Rs. 2.51 crore, administrative & other expenses of Rs. 1.79 crore, depreciation & amortization expenses of Rs. 1.92 crore and other expenses of Rs. 0.4 crore. Reported under profit before tax: finance costs of Rs. 3.44 crore. Reported under net profit for the period: current tax of Rs. 0 crore.

HFIN quarterly for Q3 2082/83

In the quarter Q3 2082/83, Hotel Forest Inn Limited reported total income of Rs. 4.35 crore, total expenses of Rs. 9.76 crore, ebitda of Rs. 0.14 crore, operating profit (ebit) of Rs. 1.96 crore, profit before tax of Rs. 5.41 crore and net profit for the period of Rs. 5.41 crore.

Reported under total income: revenue from operations of Rs. 4.18 crore and other income of Rs. 0.17 crore. Reported under total expenses: cost of food, beverage & material consumed of Rs. 0.74 crore, employee benefits expenses of Rs. 2.13 crore, administrative & other expenses of Rs. 1.39 crore, depreciation & amortization expenses of Rs. 1.82 crore and other expenses of Rs. 0.24 crore. Reported under profit before tax: finance costs of Rs. 3.44 crore. Reported under net profit for the period: current tax of Rs. 0 crore.

HFIN Profit & Loss

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81	2079/80
Total Income	13.6	0.01	0.00
Revenue from Operations	13.6	0.00	0.00
Other Income	0.00	0.01	0.00
Total Expenses	-30.8	-1.7	-0.79
Cost of Food, Beverage & Material Consumed	-6.1	0.00	0.00
Employee Benefits Expenses	-7.8	-0.58	-0.19
Administrative & Other Expenses	-3.6	-0.83	-0.31
Depreciation & Amortization Expenses	-4.5	-0.29	-0.29
EBITDA	-3.9	-1.4	-0.50
Operating Profit (EBIT)	-8.4	-1.7	-0.79
Profit Before Tax	-17.2	-1.7	-0.85
Finance Costs	-8.8	-0.02	-0.06
Net Profit for the Year	-17.2	-1.7	0.83
Current Tax	0.00	0.00	0.00
Deferred Tax (Income)/Expense	0.00	-0.01	1.7

HFIN Balance Sheet

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81	2079/80
Total Assets	455	425	267
Property, Plant & Equipment	416	87.1	13.3
Capital Work-in-Progress	0.00	270	192
Intangible Assets	1.3	Not reported	0.00
Other Non-Current Assets	25.1	61.3	42.0
Inventories	1.5	0.32	0.00
Trade & Other Receivables	1.5	0.00	0.00
Other Current Assets	2.5	0.00	13.7
Cash & Cash Equivalents	6.8	6.7	5.8
Total Liabilities	254	274	200
Long-Term Borrowings	211	212	174
Short-Term Borrowings	16.2	30.0	17.8
Trade & Other Payables	5.6	0.00	8.7
Provisions	16.8	16.8	0.00
Other Current Liabilities	4.5	15.7	0.00
Total Equity	200	151	66.7
Share Capital	160	102	71.7
Share Premium	9.0	0.00	0.00
Revaluation Reserve	55.4	55.4	0.00
Retained Earnings	-23.9	-6.7	-5.0

HFIN Cash Flow

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81	2079/80
Opening Cash & Cash Equivalents	6.7	5.8	0.66
Net Cash Flow from Operating Activities	59.7	10.2	8.9
Profit Before Tax	-17.2	-1.7	-0.83
Depreciation & Amortization	4.5	0.05	0.06
Finance Costs (Adj.)	0.00	0.00	0.00
Other Non-Cash Adjustments	0.00	0.00	1.7
Changes in Working Capital	72.4	11.9	16.4
Income Tax Paid	0.00	0.00	Not reported
Net Cash Flow from Investing Activities	-64.8	-77.8	-56.5
Acquisition of Property, Plant & Equipment (incl. CWIP)	-64.8	-77.8	-56.5
Acquisition of Intangible Assets	0.00	0.00	0.00
Net Cash Flow from Financing Activities	5.2	68.5	52.7
Proceeds from Borrowings	Not reported	38.2	38.1
Repayment of Borrowings	-63.5	0.00	0.00
Proceeds from Issue of Share Capital	67.0	30.3	14.5
Net Change in Cash	0.03	0.96	5.1
Closing Cash & Cash Equivalents	6.8	6.7	5.8

HFIN Quarterly Results

Values in Rs. Crore unless stated otherwise.

Particulars	Q4 2082/83	Q3 2082/83
Total Income	5.9	4.4
Revenue from Operations	5.8	4.2
Other Income	0.12	0.17
Total Expenses	-12.3	-9.8
Cost of Food, Beverage & Material Consumed	-2.2	-0.74
Employee Benefits Expenses	-2.5	-2.1
Administrative & Other Expenses	-1.8	-1.4
Depreciation & Amortization Expenses	-1.9	-1.8
Other Expenses	-0.40	-0.24
EBITDA	-0.99	-0.14
Operating Profit (EBIT)	-2.9	-2.0
Profit Before Tax	-6.3	-5.4
Finance Costs	-3.4	-3.4
Net Profit for the Period	-6.3	-5.4
Current Tax	0.00	0.00

Hotel Forest Inn share price history

Over the last 15 trading sessions HFIN closed between Rs. 612.00 and Rs. 649.00, finishing at Rs. 628.40 on 2026-09-22 against Rs. 616.00 on 2026-08-26.

Date	Open	High	Low	Close	Volume
2026-09-22	631.00	640.00	628.10	628.40	16,421
2026-09-18	626.00	637.00	621.10	631.00	21,953
2026-09-17	627.00	645.00	625.30	626.00	25,027
2026-09-16	662.00	662.00	625.00	627.00	24,103
2026-09-15	640.00	670.00	640.00	649.00	44,107
2026-09-14	621.00	632.90	615.00	631.00	20,361
2026-09-11	612.90	627.00	605.10	621.00	20,671
2026-09-10	620.00	620.00	605.00	612.90	23,400
2026-09-09	625.00	638.00	615.00	620.00	19,129
2026-09-07	622.00	639.00	619.00	629.00	21,542
2026-09-03	615.00	630.00	613.60	622.90	28,307
2026-09-02	617.00	629.90	612.00	618.00	8,779
2026-09-01	610.00	632.00	605.00	617.90	15,514
2026-08-31	625.00	625.00	611.50	612.00	15,409
2026-08-26	627.00	633.00	613.00	616.00	27,117

Hotel Forest Inn share price returns

At Rs. 628.40 on 2026-09-22, HFIN is down 3.17% over 1 week, down 5.08% over 1 month, down 16.88% over 3 months and up 139.03% over 6 months. Each return compares that close with the last close on or before the same date in the earlier period.

Period	Return	From price (Rs.)	From date
1 week	-3.17%	649.00	2026-09-15
1 month	-5.08%	662.00	2026-08-21
3 months	-16.88%	756.00	2026-06-24
6 months	+139.03%	262.90	2026-03-26

HFIN floorsheet for 2026-09-22

HFIN traded 445 times on 2026-09-22, moving 15,708 shares for Rs. 0.99 crore of turnover. Trades went through between Rs. 628.10 and Rs. 640.00.

Largest buyers by volume: broker 42, Sani Securities Company Limited on 2,598 shares across 37 trades, broker 56, Sri Hari Securities Pvt.Ltd on 1,791 shares across 49 trades, broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 1,038 shares across 30 trades, broker 66, Miyo Securities Pvt Ltd on 1,000 shares across 24 trades, broker 25, Sweta Securities Pvt. Limited on 873 shares across 12 trades, broker 36, Secured Securities Limited on 855 shares across 28 trades, broker 14, Nepal Stock House Pvt. Limited on 685 shares across 14 trades, broker 16, Primo Securities Pvt. Limited on 672 shares across 20 trades, broker 59, Deevyaa Securities & Stock House Pvt. Ltd on 600 shares across 18 trades and broker 95, Magnet Securities and Investment Company Private Limited on 502 shares across 17 trades.

Largest sellers by volume: broker 25, Sweta Securities Pvt. Limited on 1,550 shares across 12 trades, broker 58, Naasa Securities Co. Ltd. on 1,225 shares across 82 trades, broker 1, Kumari Securities Pvt. Limited on 1,221 shares across 14 trades, broker 14, Nepal Stock House Pvt. Limited on 1,170 shares across 13 trades, broker 34, Vision Securities Pvt.Limited on 1,102 shares across 26 trades, broker 56, Sri Hari Securities Pvt.Ltd on 1,050 shares across 8 trades, broker 6, Agrawal Securities Pvt. Limited on 938 shares across 16 trades, broker 45, Imperial Securities Co. Limited on 890 shares across 17 trades, broker 42, Sani Securities Company Limited on 820 shares across 21 trades and broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 703 shares across 19 trades.

HFIN general meetings

Annual and special general meetings Hotel Forest Inn Limited has called. A dividend is declared by the board and approved at the AGM.

2nd AGM for 2081/2082: on 2025-08-15, at Company's Registered Company, Budhanilkantha, Kathmandu (8:0 AM)
SGM for 2080/2081: on 2025-03-21, at Company's Registered Office, Budhanilkantha, Kathmandu (1:00 PM)
1st agm for 2080/2081: on 2025-01-03, at Company's Registered Company, Budhanilkantha, Kathmandu (10:00 AM)

3 years of annual statements and 2 quarters of results for HFIN, with charts and peer comparison, are free on NepView.

New to these statements? How to read a profit and loss statement, How to read a balance sheet, How to read a cash flow statement, How to read quarterly results.

Other Hotels And Tourism companies on NEPSE

All hotels and tourism companies on NEPSE