NSEI:TGBHOTELS

Stock Analysis Report

Executive Summary

TGB Banquets and Hotels Limited provides restaurant, banquet, and hotel services in India.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • TGB Banquets and Hotels has significant price volatility in the past 3 months.
  • TGB Banquets and Hotels is not covered by any analysts.

Share Price & News

How has TGB Banquets and Hotels's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.5%

NSEI:TGBHOTELS

-0.9%

IN Hospitality

0.4%

IN Market


1 Year Return

-81.9%

NSEI:TGBHOTELS

-29.5%

IN Hospitality

-13.4%

IN Market

TGBHOTELS underperformed the Hospitality industry which returned -28.5% over the past year.

TGBHOTELS underperformed the Market in India which returned -12.8% over the past year.


Share holder returns

TGBHOTELSIndustryMarket
7 Day5.5%-0.9%0.4%
30 Day3.2%-10.7%-3.7%
90 Day-51.0%-19.7%-7.4%
1 Year-81.9%-81.9%-29.3%-29.5%-11.7%-13.4%
3 Year-92.8%-92.8%-0.2%-2.8%18.7%12.4%
5 Year-91.4%-91.4%21.6%17.8%37.5%24.5%

Price Volatility Vs. Market

How volatile is TGB Banquets and Hotels's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TGB Banquets and Hotels undervalued based on future cash flows and its price relative to the stock market?

0.14x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for TGB Banquets and Hotels to establish if it is available at moderate discount.

Unable to calculate intrinsic value for TGB Banquets and Hotels to establish if it is available at substantial discount.


Price Based on Earnings

TGB Banquets and Hotels is loss making, we can't compare its value to the IN Hospitality industry average.

TGB Banquets and Hotels is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for TGB Banquets and Hotels, we can't assess if its growth is good value.


Price Based on Value of Assets

TGB Banquets and Hotels is good value based on assets compared to the IN Hospitality industry average.


Next Steps

Future Growth

How is TGB Banquets and Hotels expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.2%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TGB Banquets and Hotels has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has TGB Banquets and Hotels performed over the past 5 years?

-43.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

TGB Banquets and Hotels does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare TGB Banquets and Hotels's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare TGB Banquets and Hotels's 1-year growth to the IN Hospitality industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if TGB Banquets and Hotels has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if TGB Banquets and Hotels has efficiently used its assets last year compared to the IN Hospitality industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if TGB Banquets and Hotels improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is TGB Banquets and Hotels's financial position?


Financial Position Analysis

TGB Banquets and Hotels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

TGB Banquets and Hotels's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

TGB Banquets and Hotels's level of debt (11.3%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (92.9% vs 11.3% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 9x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

TGB Banquets and Hotels has less than a year of cash runway based on current free cash flow.

TGB Banquets and Hotels has less than a year of cash runway if free cash flow continues to grow at historical rates of 111.8% each year.


Next Steps

Dividend

What is TGB Banquets and Hotels's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate TGB Banquets and Hotels's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate TGB Banquets and Hotels's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as TGB Banquets and Hotels has not reported any payouts.

Unable to verify if TGB Banquets and Hotels's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as TGB Banquets and Hotels has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of TGB Banquets and Hotels's salary, the management and board of directors tenure and is there insider trading?

5.0yrs

Average board tenure


CEO

Narendra Somani (53yo)

0.0yrs

Tenure

₹4,800,000

Compensation

Mr. Narendra Gurmukhdas Somani, B.Com is the Promoter of TGB Banquets And Hotels Limited (a/k/a, Bhagwati Banquets & Hotels Ltd) and serves as its Chairman and Managing Director. Mr. Somani is young and dy ...


CEO Compensation Analysis

Narendra's remuneration is higher than average for companies of similar size in India.

Narendra's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

5.0yrs

Average Tenure

48yo

Average Age

The tenure for the TGB Banquets and Hotels board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Narendra Somani (53yo)

    Chairman & MD

    • Tenure: 0.0yrs
    • Compensation: ₹4.80m
  • Hemant Somani (43yo)

    Whole Time Director

    • Tenure: 17.1yrs
    • Compensation: ₹2.40m
  • Devanand Somani (48yo)

    Whole Time Director

    • Tenure: 19.3yrs
    • Compensation: ₹2.40m
  • Priyanka Gola

    Company Secretary & Compliance Officer

    • Tenure: 0.0yrs
    • Compensation: ₹325.36k
  • Ashish Thakkar

    Chief Financial Officer

    • Tenure: 1.3yrs

Board Members

  • Narendra Somani (53yo)

    Chairman & MD

    • Tenure: 0.0yrs
    • Compensation: ₹4.80m
  • Hemant Somani (43yo)

    Whole Time Director

    • Tenure: 17.1yrs
    • Compensation: ₹2.40m
  • Devanand Somani (48yo)

    Whole Time Director

    • Tenure: 19.3yrs
    • Compensation: ₹2.40m
  • Anjali Tolani (30yo)

    Independent Women Director

    • Tenure: 5.0yrs
    • Compensation: ₹25.00k
  • Mahendra Bhandari (68yo)

    Non-Executive Independent Director

    • Tenure: 4.5yrs
    • Compensation: ₹25.00k
  • Shilam Vora

    Additional Independent Director

    • Tenure: 0.8yrs

Company Information

TGB Banquets and Hotels Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TGB Banquets and Hotels Limited
  • Ticker: TGBHOTELS
  • Exchange: NSEI
  • Founded: 1989
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: ₹135.303m
  • Shares outstanding: 29.29m
  • Website: https://www.thegrandbhagwati.com

Number of Employees


Location

  • TGB Banquets and Hotels Limited
  • The Grand Bhagwati
  • Plot No. 380
  • Ahmedabad
  • Gujarat
  • 380054
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532845BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2007
TGBHOTELSNSEI (National Stock Exchange of India)YesEquity SharesININRMay 2007

Biography

TGB Banquets and Hotels Limited provides restaurant, banquet, and hotel services in India. It operates hotels under The Grand Bhagwati name in Ahmedabad and Surat; and The Grand Bhagwati Palace name in Ind ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 12:46
End of Day Share Price2019/08/20 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.