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TGB Banquets & Hotels Ltd. (TGBHOTELS) AI Stock Analysis

IN:TGBHOTELS

TGB Banquets & Hotels Ltd.

(NSE:TGBHOTELS)

Select Model
Rating:59Neutral
Price Target:INR 9.50▲(8.70% Upside)
Action:reiterated
Date:08/22/26

The score is driven primarily by improving—but still low-quality—financial performance: profitability has returned and leverage is manageable, yet margins/ROE are thin and cash flow and revenue softened in FY2026. Technicals add modest support as the stock trades above major moving averages, while valuation is only neutral due to a mid-range P/E and no dividend yield.

Positive Factors
Return to profitabilityThe sustained move from deep losses to positive earnings indicates that the hotel and hospitality model has regained operating viability. Although profitability remains modest, several consecutive profitable years provide a stronger foundation for reinvestment, debt service, and continued business recovery.
Negative Factors
Revenue contractionThe FY2026 revenue decline suggests that demand, occupancy, pricing, or event activity has not yet established a stable growth trajectory. For a hospitality company, weaker top-line performance can limit operating leverage and make the recent return to profitability more vulnerable.

TGB Banquets & Hotels Ltd. (TGBHOTELS) vs. iShares MSCI India ETF (INDA)

-40%-30%-20%-10%0%10%IN:TGBHOTELS-19.23%INDA-10.77%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
INR 260.36M
Dividend Yield
―
Average Volume (3M)
8,582
Price to Earnings (P/E)
19.5
Beta (1Y)
0.99
Revenue Growth
-11.55%
EPS Growth
-32.68%
Country
India
Employees
99
Sector
General
Sector Strength
55
Industry
Travel Lodging

TGB Banquets & Hotels Ltd. Business Overview & Revenue Model

Company Description

TGB Banquets and Hotels Limited operates as an Indian hospitality provider, offering a diverse array of services spanning restaurants, banquet halls, and accommodations. The company manages its hotel properties in Ahmedabad under The Grand Bhagwati b...

How the Company Makes Money

TGB Banquets & Hotels Ltd. makes money primarily through hospitality operations. Key revenue streams typically include: (1) Hotel room revenue earned from selling room nights (often varying by seasonality, occupancy, and room rates) to individual tra...

TGB Banquets & Hotels Ltd. Financial Statement Overview

Summary

Profitability has improved from prior deep losses to positive earnings, with a strong gross margin (~44%) and positive operating profit in FY2026. However, net margins remain thin (~3.7%), ROE is low (~1.8%), revenue turned negative in FY2026, and operating/free cash flow fell sharply versus FY2025 after earlier volatility—making the recovery look uneven.

Income Statement

54Neutral

Balance Sheet

72Positive

Cash Flow

49Neutral
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue347.52M384.78M374.92M363.35M383.76M267.76M
Gross Profit147.37M170.97M154.91M99.13M96.26M153.38M
EBITDA71.83M80.99M86.50M34.08M46.53M-80.16M
Net Income13.38M14.35M19.44M-35.60M13.63M-203.75M
Balance Sheet
Total Assets1.09B1.12B1.16B1.09B1.26B1.34B
Cash, Cash Equivalents and Short-Term Investments7.79M7.06M22.01M2.87M5.07M9.14M
Total Debt99.47M124.50M159.92M71.31M159.37M205.47M
Total Liabilities306.94M346.92M402.45M348.45M479.70M578.93M
Stockholders Equity778.54M775.61M760.87M741.38M775.86M762.05M
Cash Flow
Free Cash Flow028.26M85.25M91.01M46.06M-425.88M
Operating Cash Flow032.53M91.87M102.39M49.03M-424.38M
Investing Cash Flow0-4.27M-6.62M-2.23M367.00K502.15M
Financing Cash Flow0-43.21M-66.11M-102.17M-53.48M-74.72M

TGB Banquets & Hotels Ltd. Technical Analysis

Technical Analysis SentimentNeutral
Last Price8.74

Price Trends

50DMA9.38Negative
100DMA9.22Negative
200DMA9.22Negative

Market Momentum

MACD-0.11Negative
RSI50.83Neutral
STOCH61.04Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TGBHOTELS, the sentiment is Neutral. The current price of 8.74 is below the 20-day moving average (MA) of 9.11, below the 50-day MA of 9.38, and below the 200-day MA of 9.22, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 50.83 is Neutral, neither overbought nor oversold. The STOCH value of 61.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:TGBHOTELS.

TGB Banquets & Hotels Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:TGBHOTELS against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:RHLIN:RHL66NeutralINR 2.86B10.00――6.52%40.10%
IN:TGBHOTELSIN:TGBHOTELS59NeutralINR 259.77M19.48――-11.55%-32.68%
IN:BYKEIN:BYKE57NeutralINR 1.52B22.68――8.51%53.19%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:BLUECOASTIN:BLUECOAST44NeutralINR 412.48M-30.10――1575.61%-100.96%
IN:CCHHLIN:CCHHL41NeutralINR 2.09B-11.53――20.56%-463.47%
IN:HAVISHAIN:HAVISHA40UnderperformINR 188.85M-4.06――-7.34%-32.54%

* General Sector Average

Performance Comparison

-60%-40%-20%0%IN:TGBHOTELSIN:BLUECOASTIN:BYKEIN:CCHHLIN:HAVISHAIN:RHLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
IN:TGBHOTELS and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:TGBHOTELSTGB Banquets & Hotels Ltd.9.20-2.19-19.23%
IN:BLUECOASTBlue Coast Hotels Limited20.70-31.08-60.02%
IN:BYKEByke Hospitality Ltd.29.41-31.93-52.05%
IN:CCHHLCountry Club Hospitality & Holidays Limited12.44-4.32-25.78%
IN:HAVISHASri Havisha Hospitality And Infrastructure Ltd1.25-0.70-35.90%
IN:RHLRobust Hotels Ltd.156.10-84.65-35.16%

TGB Banquets & Hotels Ltd. Corporate Events

TGB Banquets & Hotels clears September 2026 unaudited results with clean review

Oct 17, 2026

TGB Banquets & Hotels Ltd. announced that its board met on October 17, 2026 at its Ahmedabad registered office to review its financial performance, underscoring ongoing compliance with Indian securities regulations. The board approved the standal...

TGB Banquets & Hotels Sets AGM, Moves to Fully Digital Shareholder Communication

Aug 21, 2026

TGB Banquets & Hotels Ltd. has scheduled its 27th Annual General Meeting for September 15, 2026, at its registered office in Ahmedabad, and has circulated the FY 2025-26 annual report electronically to shareholders with registered email addresses...

TGB Banquets & Hotels Sets September 15, 2026 for 27th AGM and Board Votes

Aug 21, 2026

TGB Banquets & Hotels Ltd. will hold its 27th Annual General Meeting on September 15, 2026, at its registered office at The Grand Bhagwati in Ahmedabad, Gujarat. The meeting will be conducted in line with SEBI listing regulations, with provisions...

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 22, 2026