Taj GVK Hotels & Resorts Share Price

Hotels company Taj GVK Hotels & Resorts announced Q4FY26 & FY26 results Standalone Financial Highlights: Revenue from Operations for Q4FY26 was Rs 12,416 lakh, representing a decrease of 8.95% QoQ from Rs 13,636 lakh in Q3FY26 and a marginal decrease of 0.48% YoY from Rs 12,476 lakh in Q4FY25. Total Revenue for Q4FY26 stood at Rs 12,659 lakh, showing a decline of 8.47% QoQ and 3.06% YoY. Profit before Tax for Q4FY26 was Rs 3,734 lakh, down 6.20% compared to Q3FY26 (Rs 3,981 lakh) and up 9.47% compared to Q4FY25 (Rs 3,411 lakh). Standalone Net Profit for Q4FY26 reached Rs 2,815 lakh, a decrease of 3.23% QoQ from Rs 2,909 lakh and a decline of 1.57% YoY from Rs 2,860 lakh. For the full year FY26, Standalone Revenue from Operations reached Rs 47,409 lakh, reflecting a growth of 5.43% YoY compared to Rs 44,968 lakh in FY25. Annual Standalone Net Profit for FY26 was Rs 11,697 lakh, representing an increase of 23.32% from Rs 9,485 lakh in FY25. Earnings Per Share (Basic and Diluted) for Q4FY26 stood at Rs 4.35, compared to Rs 4.48 in Q4FY25. Consolidated Financial Highlights: Revenue from Operations for Q4FY26 was Rs 15,852 lakh, an increase of 16.25% QoQ from Rs 13,636 lakh and a growth of 27.06% YoY from Rs 12,476 lakh in Q4FY25. Total Revenue for Q4FY26 reached Rs 16,130 lakh, up 16.62% QoQ and 23.52% YoY. Profit before Tax for Q4FY26 reached Rs 32,608 lakh, significantly higher than previous periods due to an exceptional gain of Rs 28,264 lakh. Consolidated Net Profit for Q4FY26 was Rs 31,471 lakh, compared to Rs 2,909 lakh in Q3FY26 and Rs 2,860 lakh in Q4FY25. For the full year FY26, Consolidated Revenue from Operations was Rs 50,845 lakh, marking a 13.07% growth YoY from Rs 44,968 lakh in FY25. Annual Consolidated Net Profit for FY26 reached Rs 38,841 lakh compared to Rs 9,485 lakh in FY25. Business Highlights: Acquisition of Greenwoods: During the quarter under review, the Company acquired an additional 2.01% equity stake in Greenwoods Palaces and Resorts Private Limited ("Greenwoods") on February 10, 2026. Consequently, the Company’s shareholding in Greenwoods increased to 51.00% and it became a subsidiary. Exceptional Item: The Company revalued its investment in Greenwoods at the current acquisition price and reported a gain on fair value of equity investment due to business combination of Rs 28,264 lakh. Dividend: The Board recommended a final dividend of Rs 2 per Equity Share of Rs 2 each fully paid up (100%) for the financial year ended March 31, 2026. Renovations: The Company undertook renovation of rooms at Taj Deccan, Hyderabad, and public areas at Taj Chandigarh and Taj Club House, Chennai. The expenditure for these works was Rs 119 lakh for the quarter and Rs 801 lakh for the full year. Segment Performance: The Company operates in a single segment, hoteliering. Consequently, segment-wise disclosure under Ind AS 108 is not applicable. There is no geographical segment reported as all operations are undertaking in India. Labour Code Impact: The Company assessed the incremental impact of changes to new Labour Codes and arrived at an additional liability of Rs 422 lakh, recognized as a past service cost included in Employee Benefits Expenses for the year. Krishna Bhupal, Joint Managing Director, Taj GVK Hotels and Resorts, said: “The Company reported a healthy revenue growth in FY26. The revenue mix continued to be stable, with room rental and event-driven business being the major contributors in FY26. The total EBITDA margin grew from 33% to 35% on a YoY basis. The standalone PAT stood at Rs 116.98 crore. In Q4FY26, the revenue was marginally lower as compared to the corresponding period in the previous year due to the geopolitical environment in West Asia. ARR and occupancy during the quarter stood at Rs 9,853 at 83%, respectively. EBIDTA margin was healthy at 33%. The Board of Directors at their meeting held on 28th May 2026, recommended payment of 100% dividend.ie. Rs.2/- per equity share of Rs.2/- each subject to the approval of shareholders at the ensuing Annual General Meeting. The Board of Directors of Subsidiary Company.ie Green Woods Palaces and Resorts Private Limited at their meeting held on 27th May 2026, recommended payment of 60% dividend.ie. Rs.6/- per equity share of Rs.10/- each subject to the approval of shareholders at the ensuing Annual General Meeting. Result PDF

• Trendlyne
• 3 days 22 hours ago

Hotels company Taj GVK Hotels & Resorts announced Q3FY26 results Revenue stood at Rs 138 crore for Q3FY26 compared to Rs 128 crore for Q3FY25 EBITDA stood at Rs 44 crore for Q3FY26 compared to Rs 51 crore for Q3FY25 PAT stood at Rs 29 crore for Q3FY26 compared to Rs 34 crore for Q3FY25 Shalini Bhupal, Managing Director & CEO, TAJGVK Hotels & Resorts said, “The company demonstrated a strong 9MFY26 with a double-digit revenue growth, an EBITDA margin of 36%, expansion of 300 basis points and an all-time high PAT of Rs 89 crore, - an 35% increase over the previous period. Q3 also witnessed 8% growth in revenue YoY. However, the EBIDTA is subdued due to one-time expense on account of a) Rs 4.22 crore. - provision for Gratuity in order to comply with the new notified Labour Codes as well as b) Rs 1.96 crore - increase in the licence fees to the landlords of the Begumpet hotel effective from the start of the financial year which was booked in the third quarter. The cumulative impact of both items amounts to Rs 6.18 crore.” She added, In line with the Company’s policy to renovate / refurbish hotels regularly to maintain best-in-class customer satisfaction, the Company has undertaken renovation of rooms at Taj Deccan, Hyderabad, and public areas at Taj Chandigarh and Taj Club House, Chennai during the period under review. An amount of Rs 2.48 crore (PY Rs 1.92 crore) was spent during the 3rd quarter and Rs 6.81 crore (PY Rs 8.22 crore) during nine months period under review The demand buoyancy in conferencing and Banquet business and the upswing in Average Room Rates is expected to continue into the fourth quarter. The greenfield 256-keys Taj Yelahanka hotel located at north Bengaluru is in advanced stages of completion and is expected to open in the coming months.” Result PDF

• Trendlyne
• 3 months 3 weeks ago

IHCL sells its entire stake comprising 1.6 million shares at 370 per share

• Business Line
• 5 months ago