Arthneeti

TajGVK Hotels & Resorts Q1 FY27 Share Price & Earnings Call Analysis

₹309.80+0.50% today
Market cap
₹1,943 Cr
P/E
13.54
ROE
11.98%
PEG
5.36
Price to sales
3.43
Debt to equity
0.13
52W high / low
₹433 / ₹285
Sales growth (5Y)
40.11%
EBITDA margin
30.54%
Net profit margin
19.89%
Promoter holding
71.00%
Sales (last year)
₹567 Cr

TajGVK Hotels & Resorts Limited, incorporated in 1995, is a joint venture between the Hyderabad-based GVK Group and Indian Hotels Company Limited (IHCL). The Company is engaged in the business of owning, operating & managing hotels, palaces, and resorts under the brand name of “TAJ”[1][2]

Potential multibaggers · Q2 FY27

Potential multibaggers in Leisure Services
on management's own guidance

  1. Restaurant BrandGood growth
    2
  2. Landmark GlobalGood growth
    1
  3. Jubilant Foodworks LtdGood growth
    3
See all potential multibaggersWhere does TajGVK Hotels rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Leisure Services companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Landmark Global20–40%Up 2%+₹19 Cr—
2Restaurant Brand20–40%Up 0–2%₹6,189 Cr—
3Jubilant Foodworks Ltd20–40%Flat₹27,836 Cr73.0
420–40%Flat₹21,182 Cr45.2
520–40%Flat₹6,398 Cr471.0
620–40%Flat₹6,138 Cr51.7

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Financials of TajGVK Hotels

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of TajGVK Hotels

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +104928911111693105127125106107136159
Expenses +786568717566767792757494111
Operating Profit25262240412729503332344247
OPM %24%29%24%36%35%29%28%39%27%30%31%31%30%
Other Income +301112226222285
Interest4333323221111
Depreciation4443333333335
Profit before tax211916353523264634293240326
Tax %30%32%30%30%26%44%24%26%16%28%25%27%3%
Net Profit +191614313117244135262837320
EPS in Rs3.042.632.274.914.982.713.866.575.554.144.395.9051.00

Financials of TajGVK Hotels

Profit & Loss

Annual income statement trend

Mar 2006Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +18927026428831731394227384408450508
Expenses +10520720621724823896175265278311353
Operating Profit846358726974-252119130139155
OPM %45%23%22%25%22%24%-2%23%31%32%31%30%
Other Income +1283713129212291
Interest431292522232019151395
Depreciation111818171717171615141315
Profit before tax701519323836-3619118105129427
Tax %34%46%44%34%36%34%-27%47%32%29%26%9%
Net Profit +4644202728-4029393117410
EPS in Rs7.380.570.673.254.344.48-6.370.3314.8814.7918.6965.43
Dividend Payout %27%70%59%18%14%0%0%0%7%10%11%3%

Financials of TajGVK Hotels

Balance Sheet

Capital structure and asset base

Mar 2006Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital131313131313131313131313
Reserves1393383393573793943553564495356421,012
Borrowings +8627025522719720922521414110844128
Other Liabilities +57106121140122122113123155162181627
Total Liabilities2947267277367117387057057588188801,780
Fixed Assets +2054544404274164364234094554424331,189
CWIP49707781929187864379116317
Investments010599991021069284971161380
Other Assets +4096111130101106102127162181193274
Total Assets2947267277367117387057057588188801,780

Financials of TajGVK Hotels

Cash Flows

Operating, investing and financing cash movement

Mar 2006Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +616261755975553100123116
Cash from Investing Activity +-51-17-11-8-16-3-01-17-99-19
Cash from Financing Activity +3-45-47-55-56-66-2-31-79-52-84
Net Cash Flow130211-1363234-2813
Free Cash Flow104548664272554828575
CFO/OP73%105%98%100%92%105%-66%100%105%121%113%

Financials of TajGVK Hotels

Ratios

Working capital efficiency and return ratios

Mar 2006Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days141816242118371522171437
Inventory Days61106997990228107777279111
Days Payable5455657214534901,580784703739872746
Cash Conversion Cycle-47018-443-597-353-382-1,316-662-605-650-779-599
Working Capital Days-55-45-66-79-60-49-265-132-36-51-31-72
ROCE %7%9%10%10%-3%6%22%19%20%13%
17out of 100

Momentum score · price trend

17 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−26.6%27%
Last 6 months−6.3%44%
Last 3 months−15.2%31%

The price is 40% below its all-time high of ₹513.4 (21 Mar 2025). Stocks more than 20% below their peak have their score halved, so 35 became 17.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For TajGVK Hotels: 0.4 × 27 + 0.4 × 44 + 0.2 × 31 = 35, halved to 17 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What TajGVK Hotels's management said in earlier quarters

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