TAJ GVK HOTELS & RESORTS (TAJGVK) financials

TAJ GVK HOTELS & RESORTS (TAJGVK) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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]

Market Cap: ₹2,032Cr.
Current Price: ₹324
Stock P/E: 20.4
ROE: 17.2%
ROCE: 21.5%
Book Value: ₹117
Dividend Yield: 0.62%
52W High / Low: ₹439/281

In Jun 2026, TAJ GVK HOTELS & RESORTS (TAJGVK) reported sales ₹109 Cr and net profit ₹19 Cr.

Annual TTM: sales ₹477 Cr, net profit ₹99 Cr.

Shareholding: Promoters 71.00% (Sep 2026), FIIs 0.35% (Sep 2026), DIIs 4.25% (Sep 2026), Public 24.40% (Sep 2026), No. of Shareholders 82,888% (Sep 2026).

TAJGVK quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	105	127	125	106	107	136	124	109
Expenses	76	77	92	75	74	94	85	79
Operating Profit	29	50	33	32	34	42	39	30
OPM %	28%	39%	27%	30%	31%	31%	32%	28%
Other Income	2	2	6	22	2	2	2	0
Interest	3	2	2	1	1	1	1	1
Depreciation	3	3	3	3	3	3	3	3
Profit before tax	26	46	34	49	32	40	37	26
Tax %	24%	26%	16%	27%	25%	27%	25%	28%
Net Profit	20	34	29	36	24	29	28	19
EPS in Rs	3.13	5.40	4.56	5.78	3.75	4.64	4.49	2.98
Raw PDF	—	—	—	—	—	—	—	—

TAJGVK profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	313	94	227	384	408	450	474	477
Expenses	238	96	175	265	278	311	327	332
Operating Profit	74	-2	52	119	130	139	147	145
OPM %	24%	-2.3%	23%	31%	32%	31%	31%	30%
Other Income	1	3	1	29	2	12	28	7
Interest	23	20	19	15	13	9	5	5
Depreciation	17	17	16	15	14	13	13	13
Profit before tax	36	-36	19	118	105	129	158	135
Tax %	34%	-27%	47%	32%	29%	26%	26%	—
Net Profit	24	-26	10	80	74	95	117	99
EPS in Rs	3.80	-4.22	1.58	12.73	11.87	15.13	18.66	15.86
Dividend Payout %	0%	0%	0%	8%	13%	13%	11%	—

TAJGVK balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	13	13	13	13	13	13	13	13
Reserves	388	399	372	382	462	530	615	718
Borrowings	197	209	225	214	141	108	44	113
Other Liabilities	122	122	113	123	155	162	181	200
Total Liabilities	719	743	723	731	770	812	852	1,043
Fixed Assets	416	436	423	409	455	442	433	424
CWIP	92	91	87	86	43	79	116	298
Investments	110	110	110	110	110	110	110	126
Other Assets	101	106	102	127	162	181	193	195
Total Assets	719	743	723	731	770	812	852	1,043

TAJGVK cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	59	75	5	53	100	123	116	146
Cash from Investing Activity	-16	-3	-0	1	-17	-99	-19	-202
Cash from Financing Activity	-56	-66	-2	-31	-79	-52	-84	54
Net Cash Flow	-13	6	3	23	4	-28	13	-2
Free Cash Flow	42	72	5	54	82	85	75	-40
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	91%	103%	-268%	105%	101%	115%	106%	121%

TAJGVK shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.98%	74.98%	74.98%	74.98%	71.00%	71.00%	71.00%	71.00%
FIIs	1.68%	1.75%	0.83%	1.01%	0.92%	0.32%	0.41%	0.35%
DIIs	2.60%	3.96%	3.63%	1.75%	4.03%	4.02%	4.08%	4.25%
Public	20.72%	19.31%	20.56%	22.26%	24.05%	24.67%	24.49%	24.40%
No. of Shareholders	84,427	83,459	83,524	86,267	86,248	85,156	84,953	82,888

TAJGVK key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	21	18	37	15	22	17	14	28
Inventory Days	79	90	228	107	77	72	79	88
Days Payable	453	490	1,580	784	703	739	872	615
Cash Conversion Cycle	-353	-382	-1,316	-662	-605	-650	-779	-500
Working Capital Days	-60	-49	-283	-132	-36	-51	-31	-65
ROCE %	10%	10%	-3%	6%	22%	19%	21%	21%

TAJGVKUpdated 18 Oct 2026, 18:30

Taj Gvk Hotels & Resorts

TAJGVKUpdated 18 Oct 2026, 18:30

Market Cap

₹2,032Cr.

Current Price

₹324

High / Low

₹439/281

Stock P/E

20.4

ROE17.2%

ROCE21.5%

Book Value₹117

Face Value₹2.00

Dividend Yield0.62%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	92	3	65	0	4	19	32	13	2.11
Sep 2023	89	3	68	1	4	16	30	11	1.78
Dec 2023	111	3	71	1	3	35	30	24	3.86
Mar 2024	116	3	75	1	3	35	26	26	4.12
Jun 2024	93	2	66	2	3	23	44	13	2.03
Sep 2024	105	3	76	2	3	26	24	20	3.13
Dec 2024	127	2	77	2	3	46	26	34	5.4
Mar 2025	125	2	92	6	3	34	16	29	4.56
Jun 2025	106	1	75	22	3	49	27	36	5.78
Sep 2025	107	1	74	2	3	32	25	24	3.75
Dec 2025	136	1	94	2	3	40	27	29	4.64
Mar 2026	124	1	85	2	3	37	25	28	4.49
Jun 2026	109	1	79	0	3	26	28	19	2.98

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	248	28	199	2	25	-2	8	-2	-0.31
Mar 2016	270	31	207	2	18	15	46	8	1.31
Mar 2017	264	29	206	8	18	19	44	10	1.66
Mar 2018	288	25	217	3	17	32	34	21	3.35
Mar 2019	317	22	248	7	17	38	36	24	3.88
Mar 2020	313	23	238	1	17	36	34	24	3.8
Mar 2021	94	20	96	3	17	-36	-27	-26	-4.22
Mar 2022	227	19	175	1	16	19	47	10	1.58
Mar 2023	384	15	265	29	15	118	32	80	12.73
Mar 2024	408	13	278	2	14	105	29	74	11.87
Mar 2025	450	9	311	12	13	129	26	95	15.13
Mar 2026	474	5	327	28	13	158	26	117	18.66
TTM	477	5	332	7	13	135	—	99	15.86

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	71%
FIIs	0.35%
DIIs	4.25%
Public	24.4%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	74.98%	0.8%	3.46%	20.75%
Mar 2024	74.98%	0.7%	2.96%	21.34%
Jun 2024	74.98%	0.82%	2.69%	21.49%
Sep 2024	74.98%	0.76%	1.44%	22.8%
Dec 2024	74.98%	1.68%	2.6%	20.72%
Mar 2025	74.98%	1.75%	3.96%	19.31%
Jun 2025	74.98%	0.83%	3.63%	20.56%
Sep 2025	74.98%	1.01%	1.75%	22.26%
Dec 2025	71%	0.92%	4.03%	24.05%
Mar 2026	71%	0.32%	4.02%	24.67%
Jun 2026	71%	0.41%	4.08%	24.49%
Sep 2026	71%	0.35%	4.25%	24.4%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	13	334	286	95	727	408	75	110	134	727
Mar 2016	13	343	270	106	731	454	70	110	96	731
Mar 2017	13	350	255	121	738	440	77	110	111	738
Mar 2018	13	368	227	140	748	427	81	110	130	748
Mar 2019	13	388	197	122	719	416	92	110	101	719
Mar 2020	13	399	209	122	743	436	91	110	106	743
Mar 2021	13	372	225	113	723	423	87	110	102	723
Mar 2022	13	382	214	123	731	409	86	110	127	731
Mar 2023	13	462	141	155	770	455	43	110	162	770
Mar 2024	13	530	108	162	812	442	79	110	181	812
Mar 2025	13	615	44	181	852	433	116	110	193	852
Mar 2026	13	718	113	200	1043	424	298	126	195	1043

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	54	-78	24	-1
Mar 2016	62	-17	-45	0
Mar 2017	61	-11	-47	2
Mar 2018	75	-8	-55	11
Mar 2019	59	-16	-56	-13
Mar 2020	75	-3	-66	6
Mar 2021	5	0	-2	3
Mar 2022	53	1	-31	23
Mar 2023	100	-17	-79	4
Mar 2024	123	-99	-52	-28
Mar 2025	116	-19	-84	13
Mar 2026	146	-202	54	-2

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	19	18	16	24	21	18	37	15	22	17	14	28
Inventory Days	93	—	106	99	79	90	228	107	77	72	79	88
Days Payable	383	—	565	721	453	490	1,580	784	703	739	872	615
Cash Conversion Cycle	-272	18	-443	-597	-353	-382	-1,316	-662	-605	-650	-779	-500
Working Capital Days	-52	-46	-66	-79	-60	-49	-283	-132	-36	-51	-31	-65
ROCE %	4%	7%	7%	9%	10%	10%	-3%	6%	22%	19%	21%	21%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of TAJ GVK HOTELS & RESORTS (TAJGVK)?

The reported market capitalisation for TAJ GVK HOTELS & RESORTS (TAJGVK) is ₹2,032Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of TAJGVK?

The current price shown for TAJ GVK HOTELS & RESORTS (TAJGVK) on Fincrux is ₹324 with a 52-week high/low of ₹439/281.

What is the P/E ratio of TAJ GVK HOTELS & RESORTS (TAJGVK)?

The stock P/E for TAJ GVK HOTELS & RESORTS (TAJGVK) is 20.4 on Fincrux, with ROE at 17.2% and ROCE at 21.5%.

What were TAJGVK latest quarterly results?

For Jun 2026, TAJ GVK HOTELS & RESORTS (TAJGVK) reported sales ₹109 Cr and net profit ₹19 Cr (figures in ₹ crore unless noted).

What are TAJGVK annual sales and net profit?

For TTM, TAJ GVK HOTELS & RESORTS (TAJGVK) shows sales of ₹477 Cr and net profit of ₹99 Cr on the Fincrux profit & loss statement.

Who owns TAJ GVK HOTELS & RESORTS (TAJGVK)?

Latest shareholding for TAJ GVK HOTELS & RESORTS (TAJGVK) on Fincrux: Promoters 71.00% (Sep 2026), FIIs 0.35% (Sep 2026), DIIs 4.25% (Sep 2026), Public 24.40% (Sep 2026), No. of Shareholders 82,888% (Sep 2026).

Where can I find TAJ GVK HOTELS & RESORTS (TAJGVK) financials?

TAJ GVK HOTELS & RESORTS (TAJGVK) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show TAJGVK balance sheet and cash flow?

Yes. The TAJ GVK HOTELS & RESORTS (TAJGVK) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 18:30