Taj GVK Hotels & Resorts Ltd Stock Analysis

BSE: 532390 | NSE: TAJGVK | Hotel, Resort & Restaurants | Small Cap

BSE Share Price Jan 17, 18:01
139.60 -2.95 (-2.07%)

DeciZen - Make an Informed Decision on Taj GVK Hotels

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

10 Year X-Ray:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 8%4.6%3.2%2.9%4.8%4.7%6.3%6.5%6.8%-2.2%-
Value Creation Index -0.4-0.7-0.8-0.8-0.7-0.7-0.6-0.5-0.5-1.2-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 25425324424827026428831731394.2161
YoY Gr. Rt. %--0.5%-3.5%1.7%8.8%-2%9%9.9%-1.3%-69.9%-
Adj EPS 4.71.60.3-0.31.31.43.33.93.8-4.2-0.9
YoY Gr. Rt. %--65.8%-79.9%-203.1%NA6.9%140.3%15.6%-1.6%-211.3%-
BVPS (₹) 54.254.955.555.256.657.860.763.965.661.460.6
Adj Net Profit 29.2102-2.18.18.720.924.223.8-26.5-6
Cash Flow from Ops. 7434.261.553.761.860.974.65974.65.3-
Debt/CF from Ops. 2.66.73.85.34.44.23.13.32.234-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -10.4%-19%-31.1%-69.9%
Adj EPS -199%-226.6%-208.2%-211.3%
BVPS 1.41.70.4-6.3
Share Price 6.5% 3.1% -7.5% 2.9%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 8.82.90.6-0.62.32.45.66.25.9-6.7-1.4
Op. Profit Mgn % 30.824.221.119.723.32224.921.923.7-2.315.6
Net Profit Mgn % 11.53.90.8-0.833.37.37.67.6-28.1-3.4
Debt to Equity 0.60.70.70.80.80.70.60.50.40.50.3
Working Cap Days 12815318119015313814012311536767
Cash Conv. Cycle -23-22-23-33-45-57-78-59-49-1140

Recent Performance Summary

Sales growth is good in last 4 quarters at 249.02%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -31.13%

Latest Financials - Taj GVK Hotels & Resorts Ltd.

Standalone Consolidated
TTM EPS (₹) -0.9 -2.9
TTM Sales (₹ Cr.) 161 161
BVPS (₹.) 60.6 56.6
Reserves (₹ Cr.) 367 342
P/BV 2.31 2.48
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 102.20 / 161.15
All Time Low / High (₹) 2.40 / 344.40
Market Cap (₹ Cr.) 875
Equity (₹ Cr.) 12.5
Face Value (₹) 2
Industry PE 35.8

Management X-Ray:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Taj GVK Hotels & Resorts Ltd

Taj-GVK Hotels & Resorts is a joint venture of the Tata Group’s Indian Hotels Company Ltd and Hyderabad-based G V K group. 26% stake is held by Indian Hotels while rest is held by the GVK group. Taj GVK Hotels & Resorts has built on its strengths and has earned a reputation for offering a chain of world-class hotels on par with international standards.

GVK is a diversified business entity with a predominant focus on Infrastructure and Urban Infrastructure projects. It also has a significant presence in the Hospitality, Services and Manufacturing sector.

Among the pioneers to envision the India Growth saga, GVK realized the potential needs of a rapidly developing economy, particularly in the area of infrastructure development.

Taj GVK currently operates Taj Krishna, Taj Banjara, Taj Deccan in Hyderabad and Taj Chandigarh in Chandigarh and Taj Chennai.

Taj Banjara- The hotel has a unique feature of having a private lake. The hotel presents both modern amenities and comfort. This business class hotel offers comprehensive facilities including some of the finest restaurants in the city.

Taj Krishna- The flagship hotel of Taj GVK has become a luxury brand. It has been declared as a member of 'The Leading Hotels of the World'. Each of the 260 rooms have been masterfully crafted and majestically designed. It is among the best hospitality properties in India.

Taj Deccan- The hotel is designed to meet the expectations of a modern business traveler. The hotel is the process of being upgraded to a Super Deluxe Luxury Category. As part of an extensive refurbishment plan, the hotel which was earlier called 'Taj Residency' gained a makeover to become Taj Deccan.

Taj Chandigarh- It has capitalized on the growth and has provided a unique brand of service to a host of business, luxury and NRI travelers in Chandigarh. Taj Chandigarh aims to dominate the hospitality business in the city in the years to come.

Taj Chennai- Acquired in a semi-built stage, the upcoming hotel in Chennai will surely meet international standards with about 200 world-class guest rooms. The hotel is expected to commence operations soon.

The growth in the hospitality industry is pegged at about 15% growth every year and with more than one lakh rooms needed in the country, the hotel industry is poised for a substantial growth. Taj GVK is set to reap the benefits of this growing demand.  

In 2010 Taj unveiled new brand in Sri Lanka.

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