TajGVK Hotels & Resorts Ltd
TAJGVKTajGVK Hotels & Resorts Ltd's earnings have outrun its stock. EPS grew +248.3% in a year against a −22.5% price move.
The sharpest disagreement: annual EPS moved +248.3% against a −22.5% price move — the market has not yet caught up with the delivery.
The price is in a downtrend (35 weeks in) while the P/E sits at the 2nd percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +23.1% year on year, and 66% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
TajGVK Hotels & Resorts Ltd trades at ₹335, in a downtrend and 35 weeks into that stage. That is −5.5% against its own 200-day average. It sits at 26% of a 52-week range of ₹302 to ₹430. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (2 weeks and counting).
Today the stock is in a downtrend — week 35 of stage 4, confirmed. At ₹335 it trades −5.5% versus its 200-day average and sits at 26% of its 52-week range (₹302–₹430).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +377% while the NIFTY 500 moved +267% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (2 weeks and counting; last ahead the week of 2026-08-28) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
TajGVK Hotels & Resorts Ltd trades at 14.6× P/E, about the cheapest it has ever traded. Its long-run median P/E is 27.1×, measured across 10.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 14.6× is about the cheapest it has ever traded, against a long-run median of 27.1× measured over 10.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +248.3% against a −22.5% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 10y, of the +9.9%/yr price move, ~+44.4%/yr came from earnings growth and ~−34.5 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 13 June 2026 price, TajGVK Hotels & Resorts Ltd was paying for profit growth of about 9.2% a year. Profit itself has compounded 58.9% a year over the past 10 years. Today the market pays 14.6× P/E, the 2nd percentile of its own 10-year range.
What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is below what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
TajGVK Hotels & Resorts Ltd reads as consistent on its fundamental arc. Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 18.3% and holding. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +12.9% | +9.8% | +40.1% | +6.5% |
| Profit | +250.4% | +64.0% | — | +58.9% |
| EPS | +248.3% | +63.5% | — | +60.6% |
| Share price | −22.5% | +11.9% | +20.2% | +9.9% |
4-Factor Sector Score
56.4/100 — rank 7 of 24 in Hotels · 87% evidence confidence
TajGVK Hotels & Resorts Ltd scores 56.4 out of 100 against the 24 companies it is compared with in Hotels, ranking 7. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 21.3 + 12.9 + 14.3 + 7.9 = 56.4. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
TajGVK Hotels & Resorts Ltd reported ₹165 Cr of revenue in the Jun 26 quarter, +55.7% year on year. That is the 11th straight quarter of year-on-year growth. Over 10 years it has compounded at 6.5% a year. The last full year, FY26, came in at ₹508 Cr. The last four reported quarters add to ₹567 Cr.
FY26 revenue came in at ₹508 Cr (+12.9% on the year), capping 10 years at 6.5% compound. The latest quarter (Jun 26) printed ₹165 Cr, +55.7% year on year — the 11th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +23.0% growth against the decade's 6.5% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +22.5% over the last 4 quarters against +17.7%/yr over the last 8 — accelerating; TTM profit +231.0% vs +111.8%/yr — accelerating.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
TajGVK Hotels & Resorts Ltd's operating margin is 30.0% in the Jun 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged −2.3% to 45.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 30.0%, +0.0 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged −2.3%–45.0%.
Why the margin moved: operating margin went +0.4 pp year on year while gross margin went +0.5 pp — the gain came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
TajGVK Hotels & Resorts Ltd earned ₹32.0 Cr of net profit in the Jun 26 quarter, +23.1% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹410 Cr. The 10-year compound rate is 58.9%. That is 19.4% of the quarter's revenue. The same quarter a year earlier earned ₹26.0 Cr.
Jun 26 profit was ₹32.0 Cr, +23.1% year on year — the 2nd consecutive quarter of growth. On the full year, FY26 printed ₹410 Cr (+250.4%), and the 10-year compound rate is 58.9%.
Why profit moved: revenue contributed +55.7% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +211.1% vs revenue +23.0%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 66% of TajGVK Hotels & Resorts Ltd's reported profit arrived as operating cash — most of the profit is real cash. In FY26 that was ₹173 Cr of operating cash against ₹410 Cr of profit. After ₹972 Cr of capital spending, ₹−799 Cr was left as free cash.
FY26: operating cash of ₹173 Cr against reported profit of ₹410 Cr, leaving free cash of ₹−799 Cr after ₹972 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 66% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 66%: the cash cycle stretched 717 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 717 days — the next section's job is to find where the cash is stuck.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
TajGVK Hotels & Resorts Ltd's cash conversion cycle runs −599 days in FY26, up from −1,316 days in FY21. Capital spending ran ₹1,050 Cr over the last 3 years. At FY26 sales of ₹508 Cr each day of that cycle holds about ₹1.4 Cr, so roughly ₹−834 Cr sits inside the business at any moment.
FY26: debtors at 37 days, inventory at 111 days — roughly 3.7 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −599 days, looser than FY21's −1,316.
The full loop: cash goes out to suppliers and production on day 0; stock waits 111 days to sell; customers pay about 37 days after that; and suppliers themselves are paid at 746 days — netting out to the −599-day cycle.
In money terms: at FY26 sales of ₹508 Cr, each day of the cycle holds about ₹1.4 Cr — so the −599-day loop keeps roughly ₹−834 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹1,050 Cr over the last 3 fiscal years against ₹42.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹317 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
TajGVK Hotels & Resorts Ltd earns a ROCE of 13% in FY26. That is up from a trough of −3% in FY21. Return on invested capital clears the cost of that capital by −1.8 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 80.7% net margin on 0.29× asset turns.
FY26 ROCE is 13%, recovered from a FY21 trough of −3% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 80.7% net margin × 0.29× asset turns × 1.74× balance-sheet leverage ≈ 40.7% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 10.2% − 12.0% = a −1.8 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
TajGVK Hotels & Resorts Ltd carries total debt of ₹128 Cr against shareholder equity of ₹1,419 Cr as of Mar 26, a debt-to-equity of 0.09 — effectively unlevered. On the annual view that ratio went from 0.58 in FY22 to 0.09 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹128 Cr against shareholder equity of ₹1,419 Cr — a debt-to-equity of 0.09. On the annual view, debt-to-equity went from 0.58 (FY22) to 0.09 (FY26). The returns on this page are earned, not borrowed.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters cut 4.0 points of TajGVK Hotels & Resorts Ltd over 8 quarters, the biggest move on the register. That takes promoters to 71.0% of the company. Domestic institutions moved +1.4 points over the same window, to 4.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: −4.0 points over 8 quarters to 71.0%; Domestic institutions: +1.4 points over 8 quarters to 4.1%; Foreign institutions: −0.4 points over 8 quarters to 0.4%.
🚨 Why the register moved: promoters drove it (−4.0 points), absorbed on the other side by domestic institutions (+1.4 points) — distribution into the market’s bid.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
TajGVK Hotels & Resorts Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Chalet Hotels LtdCHALET | 71.3/100Favorable setup94% evidence | BREAKING OUT | 25.4/35 Revenue 6% · PAT 85.3% · OPM change 6 pp 100% evidence | 15.9/25 ROCE 17% · OPM 46% 100% evidence | 16.1/20 P/E 35.9× · PEG 0.83 100% evidence | 13.9/20 RS sector 3.6% · RS bench 4.9% · 1Y -14.1%4 of 10 weeks ahead 70% evidence |
| Exact sum: 25.4 + 15.9 + 16.1 + 13.9 = 71.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Asian Hotels (West) LtdAHLWEST | 66.2/100Favorable setup74% evidence | ASLEEP | 26.6/35 Revenue 8.5% · PAT 100% · OPM change 2 pp 95% evidence | 19.9/25 ROCE 19.7% · OPM 40% 95% evidence | 11.4/20 P/E 6.5× · PEG — 15% evidence | 8.3/20 RS sector -25% · RS bench 35.5% · 1Y —5 of 10 weeks ahead 70% evidence |
| Exact sum: 26.6 + 19.9 + 11.4 + 8.3 = 66.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Oriental Hotels LtdORIENTHOT | 62.7/100Mixed-positive evidence93% evidence | LEADER | 17.4/35 Revenue 6.9% · PAT 41.1% · OPM change -2.8 pp 100% evidence | 11.4/25 ROCE 12.1% · OPM 21% 100% evidence | 14.0/20 P/E 37.6× · PEG 0.66 65% evidence | 19.9/20 RS sector 24.4% · RS bench 25.2% · 1Y 0.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 17.4 + 11.4 + 14 + 19.9 = 62.7 · Decision use: Price leads the evidence: RS versus the benchmark is 25.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 4Indian Hotels Co LtdINDHOTEL | 61.3/100Mixed-positive evidence82% evidence | BREAKING OUT | 20.2/35 Revenue 13.2% · PAT 9.5% · OPM change 1 pp 95% evidence | 17.1/25 ROCE 17.1% · OPM 29% 76% evidence | 10.1/20 P/E 52.6× · PEG — 50% evidence | 13.9/20 RS sector 3.7% · RS bench 4.7% · 1Y -7.3%10 of 12 weeks ahead 100% evidence |
| Exact sum: 20.2 + 17.1 + 10.1 + 13.9 = 61.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Leela Palaces Hotels & Resorts LtdTHELEELA | 59.9/100Mixed-positive evidence93% evidence | LEADER | 24.6/35 Revenue 19.1% · PAT 100% · OPM change -1 pp 100% evidence | 9.3/25 ROCE 8.7% · OPM 36% 100% evidence | 7.6/20 P/E 40.4× · PEG 1.65 65% evidence | 18.4/20 RS sector 21.4% · RS bench 22.8% · 1Y 32%12 of 12 weeks ahead 100% evidence |
| Exact sum: 24.6 + 9.3 + 7.6 + 18.4 = 59.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Travel Food Services LtdTRAVELFOOD | 58.1/100Mixed-positive evidence69% evidence | FADING | 16.2/35 Revenue 4.4% · PAT 17.4% · OPM change -3 pp 95% evidence | 21.2/25 ROCE 42.4% · OPM 36% 76% evidence | 9.5/20 P/E 34.7× · PEG — 15% evidence | 11.2/20 RS sector -0.2% · RS bench 0.8% · 1Y -4.2%3 of 12 weeks ahead 70% evidence |
| Exact sum: 16.2 + 21.2 + 9.5 + 11.2 = 58.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7TajGVK Hotels & Resorts Ltdthis pageTAJGVK | 56.4/100Mixed-positive evidence87% evidence | FADING | 21.3/35 Revenue 22.5% · PAT 100% · OPM change 0 pp 100% evidence | 12.9/25 ROCE 13.3% · OPM 30% 100% evidence | 14.3/20 P/E 14.6× · PEG 0.85 65% evidence | 7.9/20 RS sector -3.6% · RS bench -6.5% · 1Y -24.2%6 of 11 weeks ahead 70% evidence |
| Exact sum: 21.3 + 12.9 + 14.3 + 7.9 = 56.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Benares Hotels LtdBENARAS | 52.8/100Mixed-positive evidence76% evidence | 9.1/35 Revenue 7.7% · PAT -1.1% · OPM change -3.3 pp 95% evidence | 21.0/25 ROCE 29.8% · OPM 36.9% 76% evidence | 6.8/20 P/E 32.7× · PEG — 50% evidence | 15.9/20 RS sector 12.1% · RS bench 14.3% · 1Y 18.8%4 of 12 weeks ahead 70% evidence | |
| Exact sum: 9.1 + 21 + 6.8 + 15.9 = 52.8 · Decision use: Price leads the evidence: RS versus the benchmark is 14.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 9Juniper Hotels LtdJUNIPER | 52.4/100Mixed-positive evidence93% evidence | TURNING | 23.3/35 Revenue 11.4% · PAT 100% · OPM change -1 pp 100% evidence | 6.4/25 ROCE 8% · OPM 35% 100% evidence | 10.3/20 P/E 26.5× · PEG 1.48 65% evidence | 12.4/20 RS sector -1.7% · RS bench -1.2% · 1Y -23.8%2 of 12 weeks ahead 100% evidence |
| Exact sum: 23.3 + 6.4 + 10.3 + 12.4 = 52.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Lemon Tree Hotels LtdLEMONTREE | 51.0/100Mixed-positive evidence69% evidence | BASING | 18.9/35 Revenue 10.4% · PAT 9.6% · OPM change -1 pp 95% evidence | 16.4/25 ROCE 14.1% · OPM 43% 76% evidence | 9.9/20 P/E 32.4× · PEG — 15% evidence | 5.8/20 RS sector -8.5% · RS bench -18.2% · 1Y -40.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 18.9 + 16.4 + 9.9 + 5.8 = 51 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11ITC Hotels LtdITCHOTELS | 50.8/100Mixed-positive evidence93% evidence | BREAKING OUT | 23.4/35 Revenue 16.1% · PAT 26.9% · OPM change 1 pp 100% evidence | 10.7/25 ROCE 11.2% · OPM 31% 100% evidence | 11.2/20 P/E 34.7× · PEG 1.15 65% evidence | 5.5/20 RS sector -13.7% · RS bench -13.3% · 1Y -37%3 of 12 weeks ahead 100% evidence |
| Exact sum: 23.4 + 10.7 + 11.2 + 5.5 = 50.8 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -13.7% and the one-year return is -37%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 12Kamat Hotels (India) LtdKAMATHOTEL | 48.5/100Mixed-negative evidence81% evidence | BREAKING OUT | 13.4/35 Revenue 7.6% · PAT -11.5% · OPM change 5.3 pp 95% evidence | 16.9/25 ROCE 15.8% · OPM 27.2% 95% evidence | 10.6/20 P/E 15.8× · PEG — 50% evidence | 7.6/20 RS sector -20.6% · RS bench 7.5% · 1Y -29.3%7 of 11 weeks ahead 70% evidence |
| Exact sum: 13.4 + 16.9 + 10.6 + 7.6 = 48.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Advent Hotels International LtdADVENTHTL | 46.3/100Mixed-negative evidence60% evidence | TURNING | 16.7/35 Revenue 3.5% · PAT -29.3% · OPM change 6.1 pp 95% evidence | 8.5/25 ROCE 6.8% · OPM 32.6% 95% evidence | 11.1/20 P/E 14.3× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 10 weeks ahead 0% evidence |
| Exact sum: 16.7 + 8.5 + 11.1 + 10 = 46.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14EIH LtdEIHOTEL | 46.2/100Mixed-negative evidence82% evidence | BASING | 12.1/35 Revenue 8.3% · PAT 4.2% · OPM change -3 pp 95% evidence | 18.3/25 ROCE 20.7% · OPM 25% 76% evidence | 13.3/20 P/E 24.7× · PEG — 50% evidence | 2.5/20 RS sector -14.2% · RS bench -13.6% · 1Y -30.3%1 of 12 weeks ahead 100% evidence |
| Exact sum: 12.1 + 18.3 + 13.3 + 2.5 = 46.2 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 15U P Hotels LtdUPHOT | 46.1/100Mixed-negative evidence76% evidence | 7.1/35 Revenue 1.4% · PAT -6% · OPM change -6.5 pp 95% evidence | 16.5/25 ROCE 21.7% · OPM 11.2% 76% evidence | 10.9/20 P/E 25.6× · PEG — 50% evidence | 11.6/20 RS sector 1.2% · RS bench -0.1% · 1Y -14.1%0 of 12 weeks ahead 70% evidence | |
| Exact sum: 7.1 + 16.5 + 10.9 + 11.6 = 46.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Ventive Hospitality LtdVENTIVE | 45.5/100Mixed-negative evidence75% evidence | BASING | 20.9/35 Revenue 25% · PAT 100% · OPM change -6 pp 95% evidence | 12.3/25 ROCE 10.8% · OPM 35% 76% evidence | 10.1/20 P/E 27.7× · PEG — 15% evidence | 2.2/20 RS sector -14% · RS bench -13.3% · 1Y -20.7%1 of 12 weeks ahead 100% evidence |
| Exact sum: 20.9 + 12.3 + 10.1 + 2.2 = 45.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17Asian Hotels (North) LtdASIANHOTNR | 42.9/100Thin evidence · provisional56% evidence | TURNING | 14.0/35 Revenue 24.7% · PAT -80% · OPM change -3.6 pp 44% evidence | 4.5/25 ROCE 3.5% · OPM 17.5% 95% evidence | 8.5/20 P/E 120× · PEG — 15% evidence | 15.9/20 RS sector 8.5% · RS bench 23.3% · 1Y 15%2 of 10 weeks ahead 70% evidence |
| Exact sum: 14 + 4.5 + 8.5 + 15.9 = 42.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 18Samhi Hotels LtdSAMHI | 42.7/100Mixed-negative evidence83% evidence | ASLEEP | 19.2/35 Revenue 11.9% · PAT 100% · OPM change -1 pp 100% evidence | 6.5/25 ROCE 8.9% · OPM 32% 100% evidence | 11.2/20 P/E 8.3× · PEG — 15% evidence | 5.8/20 RS sector -8.1% · RS bench -7.5% · 1Y -27.6%7 of 12 weeks ahead 100% evidence |
| Exact sum: 19.2 + 6.5 + 11.2 + 5.8 = 42.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19Sayaji Hotels LtdSAYAJIHOTL | 42.2/100Mixed-negative evidence63% evidence | BREAKING OUT | 12.7/35 Revenue -8.6% · PAT 79.7% · OPM change 3.3 pp 71% evidence | 4.3/25 ROCE -0.5% · OPM 13.3% 95% evidence | 10.0/20 P/E — · PEG — 0% evidence | 15.2/20 RS sector 8.5% · RS bench 11.3% · 1Y 8%8 of 11 weeks ahead 70% evidence |
| Exact sum: 12.7 + 4.3 + 10 + 15.2 = 42.2 · Decision use: Price leads the evidence: RS versus the benchmark is 11.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 20Viceroy Hotels LtdVHLTD | 40.0/100Mixed-negative evidence79% evidence | ASLEEP | 20.7/35 Revenue 24.4% · PAT -69.2% · OPM change 10.8 pp 71% evidence | 8.0/25 ROCE 7.1% · OPM 25.6% 95% evidence | 7.8/20 P/E 40.1× · PEG — 50% evidence | 3.5/20 RS sector -10.1% · RS bench -4% · 1Y 2.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 20.7 + 8 + 7.8 + 3.5 = 40 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21EIH Associated Hotels LtdEIHAHOTELS | 38.5/100Mixed-negative evidence87% evidence | BASING | 7.2/35 Revenue -7.6% · PAT -7% · OPM change -2.2 pp 95% evidence | 14.6/25 ROCE 21.2% · OPM 10.8% 95% evidence | 13.4/20 P/E 19.5× · PEG — 50% evidence | 3.3/20 RS sector -13.4% · RS bench -12.7% · 1Y -29.7%1 of 12 weeks ahead 100% evidence |
| Exact sum: 7.2 + 14.6 + 13.4 + 3.3 = 38.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 22Royal Orchid Hotels LtdROHLTD | 37.7/100Mixed-negative evidence81% evidence | BASING | 12.5/35 Revenue 26.9% · PAT -42.1% · OPM change -1.2 pp 95% evidence | 11.9/25 ROCE 10.8% · OPM 23.7% 95% evidence | 7.9/20 P/E 31.5× · PEG — 50% evidence | 5.4/20 RS sector -9.8% · RS bench -16.4% · 1Y -43.6%0 of 10 weeks ahead 70% evidence |
| Exact sum: 12.5 + 11.9 + 7.9 + 5.4 = 37.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 23Apeejay Surrendra Park Hotels LtdPARKHOTELS | 32.1/100Adverse evidence87% evidence | BASING | 12.3/35 Revenue 10.5% · PAT -36.4% · OPM change -1 pp 100% evidence | 9.2/25 ROCE 9.4% · OPM 28% 100% evidence | 4.2/20 P/E 36.7× · PEG 3.5 65% evidence | 6.4/20 RS sector -9.8% · RS bench -11.5% · 1Y -28.1%1 of 10 weeks ahead 70% evidence |
| Exact sum: 12.3 + 9.2 + 4.2 + 6.4 = 32.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 24HLV LtdHLVLTD | 41.2/100Thin evidence · provisional38% evidence | 17.9/35 Revenue -26.1% · PAT 100% · OPM change — 16% evidence | 8.8/25 ROCE 7.8% · OPM -39% 60% evidence | 11.5/20 P/E 2.8× · PEG — 15% evidence | 3.0/20 RS sector -29.5% · RS bench -24.8% · 1Y -39.4%1 of 2 weeks ahead to 2026-07-19 70% evidence | |
| Exact sum: 17.9 + 8.8 + 11.5 + 3 = 41.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is TajGVK Hotels & Resorts Ltd's share price today?
TajGVK Hotels & Resorts Ltd trades at ₹335, −22.5% over the past year. The company is valued at ₹2,099 Cr. The stock sits at 26% of its 52-week range of ₹302–₹430, −5.5% versus its 200-day average. On the tape, the price is in a downtrend, 35 weeks in. — as of 11 September 2026.
What were TajGVK Hotels & Resorts Ltd's latest quarterly results?
TajGVK Hotels & Resorts Ltd reported revenue of ₹165 Cr and net profit of ₹32.0 Cr for the Jun 26 quarter. Revenue rose 55.7% and profit rose 23.1% year on year. Earnings per share were ₹5.05. The operating margin was 30.0%, 0.0 pp higher than a year earlier. — as of 11 September 2026.
What is TajGVK Hotels & Resorts Ltd's revenue?
TajGVK Hotels & Resorts Ltd reported revenue of ₹165 Cr in the Jun 26 quarter, +55.7% year on year. For the full FY26 fiscal year, revenue was ₹508 Cr (+12.9%). Over the last 10 years revenue compounded at 6.5% a year. — as of 11 September 2026.
What is TajGVK Hotels & Resorts Ltd's profit?
TajGVK Hotels & Resorts Ltd earned ₹32.0 Cr of net profit in the Jun 26 quarter, +23.1% year on year — the 2nd straight quarter of growth. Full-year FY26 profit was ₹410 Cr. The operating margin ran 30.0% in the latest quarter. — as of 11 September 2026.
What is TajGVK Hotels & Resorts Ltd's market cap?
TajGVK Hotels & Resorts Ltd's market capitalisation is ₹2,099 Cr at a share price of ₹335. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is TajGVK Hotels & Resorts Ltd's P/E ratio?
TajGVK Hotels & Resorts Ltd trades at a P/E of 14.6×, at the 2nd percentile of its own 10-year range, against a long-run median of 27.1×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does TajGVK Hotels & Resorts Ltd pay a dividend?
Yes — TajGVK Hotels & Resorts Ltd's dividend payout was 3% of profit in FY26, and it recorded a payout in 9 of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is TajGVK Hotels & Resorts Ltd overvalued?
On its own history, TajGVK Hotels & Resorts Ltd looks cheap: its P/E of 14.6× has been cheaper only 2% of the time in 10 years (long-run median 27.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is TajGVK Hotels & Resorts Ltd growing?
Yes — TajGVK Hotels & Resorts Ltd is growing: latest-quarter revenue +55.7% year on year, profit +23.1%, and the margin +0.0 pp at 30.0%. The 10-year compound rates are 6.5% (revenue) and 58.9% (profit). The earnings engine currently reads: improving — as of 11 September 2026.
How is TajGVK Hotels & Resorts Ltd performing?
TajGVK Hotels & Resorts Ltd is in a downtrend, 35 weeks in. Its latest quarter's revenue rose 55.7% and profit rose 23.1% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
What stage is TajGVK Hotels & Resorts Ltd in?
Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 18.3% and holding. The read comes from the last 12 quarters of growth (revenue growth +22.5% latest, profit growth +231.0% latest, eps growth +229.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is TajGVK Hotels & Resorts Ltd in an uptrend?
No — the price is in a downtrend (week 35 of stage 4), trading −5.5% versus its 200-day average and at 26% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is TajGVK Hotels & Resorts Ltd beating the market?
Not lately — on a trailing-13-week view TajGVK Hotels & Resorts Ltd is currently behind the NIFTY 500 (2 weeks and counting; last ahead the week of 2026-08-28), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +377% against the NIFTY 500's +267% — ahead of the index over the full window. — as of 11 September 2026.
Will TajGVK Hotels & Resorts Ltd's share price go up?
This page publishes no price forecast for TajGVK Hotels & Resorts Ltd. What it measures instead: the share price is ₹335, the price is in a downtrend 35 weeks in. Its P/E of 14.6× sits at the 2nd percentile of its own 10-year range. — as of 11 September 2026.
Who owns TajGVK Hotels & Resorts Ltd?
Promoters hold 71.0% of TajGVK Hotels & Resorts Ltd, foreign institutions 0.4%, domestic institutions 4.1% and the public 24.5% (latest quarter). The biggest move on the register over the last two years: Promoters cut 4.0 points over 8 quarters. — as of 11 September 2026.
Does TajGVK Hotels & Resorts Ltd have too much debt?
No — TajGVK Hotels & Resorts Ltd's debt-to-equity is 0.12, and operating profit covers the interest bill 31×. FY26 borrowings were ₹128 Cr against equity of ₹1,025 Cr. The returns on this page are earned, not borrowed — as of 11 September 2026.
What is TajGVK Hotels & Resorts Ltd's capex?
TajGVK Hotels & Resorts Ltd spent ₹1,050 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹972 Cr, with ₹317 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is TajGVK Hotels & Resorts Ltd's cash flow?
TajGVK Hotels & Resorts Ltd generated ₹173 Cr of operating cash flow in FY26 and ₹−799 Cr of free cash flow after ₹972 Cr of capital spending. Reported profit that year was ₹410 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is TajGVK Hotels & Resorts Ltd's profit real cash?
Mostly — over the last 3 fiscal years, 66% of TajGVK Hotels & Resorts Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹173 Cr against reported profit of ₹410 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 11 September 2026.
Where is TajGVK Hotels & Resorts Ltd in its business cycle?
TajGVK Hotels & Resorts Ltd's FY26 operating margin was 31.0%, against a 12-year band of −2.3%–45.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 30.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does TajGVK Hotels & Resorts Ltd's price assume?
At its price on 13 June 2026, TajGVK Hotels & Resorts Ltd was priced for profit growth of about 9.2% a year. Profit itself has compounded 58.9% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the TajGVK Hotels & Resorts Ltd story?
The sharpest disagreement: annual EPS moved +248.3% against a −22.5% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is TajGVK Hotels & Resorts Ltd a stock worth studying right now?
This is not investment advice. The machine read: TajGVK Hotels & Resorts Ltd's earnings have outrun its stock. EPS grew +248.3% in a year against a −22.5% price move. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!