TGB Banquets & Hotels Ltd
₹ 15.0
-0.99%
03 May
- close price
About
Incorporated in 1999, TGB Banquets and Hotels Ltd is into provision of Restaurants; banquets and hotel services[1]
Key Points
- Market Cap ₹ 43.8 Cr.
- Current Price ₹ 15.0
- High / Low ₹ 20.5 / 9.05
- Stock P/E 28.8
- Book Value ₹ 26.6
- Dividend Yield 0.00 %
- ROCE 3.48 %
- ROE 1.77 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.56 times its book value
- Debtor days have improved from 161 to 81.3 days.
Cons
- The company has delivered a poor sales growth of -20.2% over past five years.
- Promoter holding is low: 31.7%
- Company has a low return on equity of -5.54% over last 3 years.
- Promoters have pledged 31.5% of their holding.
- Earnings include an other income of Rs.4.32 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Hotels & Restaurants Industry: Hotels
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 152.55 | 164.01 | 156.39 | 139.69 | 136.47 | 136.86 | 118.74 | 80.80 | 33.58 | 14.79 | 26.78 | 38.38 | 36.34 | |
| 120.22 | 125.20 | 118.72 | 111.06 | 114.93 | 112.35 | 141.31 | 123.01 | 49.13 | 17.53 | 35.86 | 33.70 | 32.49 | |
| Operating Profit | 32.33 | 38.81 | 37.67 | 28.63 | 21.54 | 24.51 | -22.57 | -42.21 | -15.55 | -2.74 | -9.08 | 4.68 | 3.85 |
| OPM % | 21.19% | 23.66% | 24.09% | 20.50% | 15.78% | 17.91% | -19.01% | -52.24% | -46.31% | -18.53% | -33.91% | 12.19% | 10.59% |
| 1.39 | 2.75 | 1.95 | 1.97 | 2.25 | 2.80 | 18.18 | 0.39 | 20.31 | -2.28 | -8.82 | 3.81 | 4.32 | |
| Interest | 15.56 | 21.04 | 21.29 | 21.42 | 18.72 | 15.75 | 3.42 | 1.54 | 1.28 | 1.34 | 1.86 | 1.87 | 1.41 |
| Depreciation | 12.78 | 12.93 | 12.84 | 21.11 | 20.51 | 19.46 | 4.94 | 2.75 | 3.06 | 2.00 | 3.63 | 5.18 | 5.17 |
| Profit before tax | 5.38 | 7.59 | 5.49 | -11.93 | -15.44 | -7.90 | -12.75 | -46.11 | 0.42 | -8.36 | -23.39 | 1.44 | 1.59 |
| Tax % | 94.05% | 61.00% | 66.30% | 6.12% | 1.30% | 16.20% | 104.24% | -17.65% | -104.76% | 1.44% | 12.87% | 5.56% | |
| 0.32 | 2.96 | 1.85 | -11.21 | -15.24 | -6.62 | 0.54 | -54.25 | 0.86 | -8.25 | -20.37 | 1.36 | 1.52 | |
| EPS in Rs | 0.11 | 1.01 | 0.63 | -3.83 | -5.20 | -2.26 | 0.18 | -18.52 | 0.29 | -2.82 | -6.96 | 0.46 | 0.52 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | -20% |
| 3 Years: | 5% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | 16% |
| 3 Years: | 22% |
| TTM: | 152% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | 8% |
| 3 Years: | 47% |
| 1 Year: | 57% |
| Return on Equity | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -14% |
| 3 Years: | -6% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 | 29.29 |
| Reserves | 113.95 | 116.91 | 118.76 | 105.40 | 90.16 | 127.46 | 128.30 | 74.39 | 75.58 | 67.07 | 46.92 | 48.30 | 48.65 |
| 129.44 | 131.03 | 132.79 | 126.78 | 111.18 | 102.54 | 12.18 | 11.32 | 12.98 | 11.57 | 20.55 | 15.88 | 14.83 | |
| 61.86 | 79.20 | 87.07 | 86.02 | 98.39 | 105.71 | 74.29 | 66.16 | 46.91 | 55.68 | 37.33 | 32.09 | 35.58 | |
| Total Liabilities | 334.54 | 356.43 | 367.91 | 347.49 | 329.02 | 365.00 | 244.06 | 181.16 | 164.76 | 163.61 | 134.09 | 125.56 | 128.35 |
| 237.82 | 239.30 | 236.10 | 216.61 | 197.07 | 221.93 | 78.01 | 73.81 | 70.84 | 68.85 | 20.48 | 14.96 | 12.36 | |
| CWIP | 0.21 | 0.00 | 0.00 | 0.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 91.51 | 112.13 | 126.81 | 125.50 | 126.95 | 138.07 | 161.05 | 102.35 | 88.92 | 94.76 | 113.61 | 110.60 | 115.99 | |
| Total Assets | 334.54 | 356.43 | 367.91 | 347.49 | 329.02 | 365.00 | 244.06 | 181.16 | 164.76 | 163.61 | 134.09 | 125.56 | 128.35 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24.93 | 36.89 | 38.96 | 12.66 | 31.62 | 31.48 | -55.46 | -2.16 | -3.29 | -0.29 | -42.44 | 4.90 | |
| -17.39 | -12.30 | -8.72 | -3.38 | -0.07 | 0.02 | 149.84 | 0.26 | 0.33 | 1.65 | 50.21 | 0.04 | |
| -1.76 | -19.37 | -19.43 | -27.31 | -34.30 | -28.58 | -94.85 | 0.05 | 0.58 | -2.13 | -7.47 | -5.35 | |
| Net Cash Flow | 5.78 | 5.22 | 10.81 | -18.04 | -2.75 | 2.91 | -0.47 | -1.86 | -2.38 | -0.78 | 0.31 | -0.41 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21.37 | 30.69 | 52.65 | 67.36 | 68.04 | 103.82 | 141.99 | 37.31 | 115.65 | 250.49 | 150.06 | 81.31 |
| Inventory Days | 200.43 | 234.59 | 259.43 | 327.32 | 308.00 | 274.65 | 218.82 | 205.59 | 150.27 | 278.95 | 146.69 | 93.07 |
| Days Payable | 97.53 | 156.65 | 200.19 | 209.29 | 197.18 | 217.91 | 230.62 | 198.19 | 535.04 | 1,039.78 | 409.76 | 205.36 |
| Cash Conversion Cycle | 124.27 | 108.63 | 111.89 | 185.40 | 178.86 | 160.56 | 130.19 | 44.72 | -269.12 | -510.34 | -113.01 | -30.98 |
| Working Capital Days | 2.87 | -2.25 | 27.03 | 57.41 | 37.42 | 8.11 | 228.58 | 129.51 | 413.15 | 870.18 | 849.94 | 630.24 |
| ROCE % | 7.99% | 10.41% | 9.60% | 3.57% | 1.33% | 3.20% | -10.74% | -31.30% | 1.35% | -2.90% | -12.06% | 3.48% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 26 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr
- Certificate Under Regulation 40(9) And 40(10) Of SEBI (LODR) Regulations, 2015 17 Apr
- Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended On March 31, 2024 9 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
TGB operates a hotel in Ahmedabad and provides outside catering service and operates restaurants & food courts. At present, TGB’s economy hotel brand, TGB Express, is operational at Ahmedabad and Nadiad. Company's business model is divided into 3 parts, viz.
a) Outdoor catering
b) Managing hospitality properties
c) Self-owned banquet hotels