Transcorp Hotels Plc

NGSE:TRANSCOHOT Stock Report

Market Cap: ₦2.3t

Transcorp Hotels Past Earnings Performance

Past criteria checks 5/6

Transcorp Hotels has been growing earnings at an average annual rate of 59%, while the Hospitality industry saw earnings growing at 52.8% annually. Revenues have been growing at an average rate of 37.6% per year. Transcorp Hotels's return on equity is 25.3%, and it has net margins of 22.8%.

Key information

58.99%

Earnings growth rate

59.27%

EPS growth rate

Hospitality Industry Growth-28.05%
Revenue growth rate37.61%
Return on equity25.30%
Net Margin22.75%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update • Apr 28

DELIVERS STRONG FY 2025 PERFORMANCE ON REVENUE GROWTH AND ASSET EXPANSION DESPITE HIGHER FINANCING COSTS AND WORKING CAPITAL PRESSURES

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Transcorp Hotels Plc recorded a solid financial performance for the year ended 31 December 2025, driven by strong top-line growth, improved operating efficiency, and continued recovery in hospitality demand. Revenue increased significantly by 39% YoY to ₦97.0 billion, supported by robust growth across room occupancy, food and beverages, and event services.
Narrative Update • Apr 27

Q3 2025 Results – Record Revenue Growth, Solid Profit Momentum, and Strategic Expansion

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group) , delivered another stellar performance for the nine months ended 30 September 2025 , reflecting robust revenue growth , sustained profitability , and disciplined cost management. Revenue rose 49% year-on-year (YoY) to ₦72.31 billion , while Profit Before Tax (PBT) climbed 36% YoY to ₦22.4 billion , demonstrating strong operating leverage.
Narrative Update • Oct 22

Q3 2025 Results – Record Revenue Growth, Solid Profit Momentum, and Strategic Expansion

WaneInvestmentHouse has decreased revenue growth from 12.0% to 6.3%.

Revenue & Expenses Breakdown

How Transcorp Hotels makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NGSE:TRANSCOHOT Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2698,81122,48430,0020
31 Dec 2597,03821,87129,0720
30 Sep 2593,59519,51830,6140
30 Jun 2587,62116,99027,7090
31 Mar 2576,94414,96421,8250
31 Dec 2470,13414,94419,8170
30 Sep 2460,97612,37117,3980
30 Jun 2452,71110,35414,9730
31 Mar 2447,25310,80014,6890
31 Dec 2341,4566,31710,9320
30 Sep 2336,7514,8299,7670
30 Jun 2333,9173,81310,7550
31 Mar 2331,4322,5988,2180
31 Dec 2230,4392,9228,4300
30 Sep 2229,4712,7038,7950
30 Jun 2227,6292,9656,8640
31 Mar 2224,4892,2166,0900
31 Dec 2121,4181,1446,8790
30 Sep 2117,9681145,9810
30 Jun 2114,151-2,7436,1340
31 Mar 219,953-5,7894,6390
31 Dec 2010,158-6,2714,8410
30 Sep 2012,520-5,7108,2520
30 Jun 2015,883-3,5797,9690
31 Mar 2020,393-3669,5470
31 Dec 1920,4056169,5890
30 Sep 1919,4312,0376,7200
30 Jun 1918,7202,8896,6280
31 Mar 1917,7953,4186,4700
31 Dec 1817,4253,7156,3860
30 Sep 1816,7263,8966,7570
30 Jun 1815,6513,3076,4580
31 Mar 1815,3953,2766,8140
31 Dec 1713,8432,6825,8570
30 Sep 1713,6292,5735,4950
30 Jun 1713,9042,9635,4390
31 Mar 1713,9003,1304,6080
31 Dec 1615,3124,0954,9930
30 Sep 1614,9883,8203,9620
30 Jun 1614,3463,6293,9100
31 Mar 1614,4403,7493,9520
31 Dec 1513,9793,4973,9200
30 Sep 1514,1242,8052,1660
30 Jun 1514,2802,8732,6690

Quality Earnings: TRANSCOHOT has high quality earnings.

Growing Profit Margin: TRANSCOHOT's current net profit margins (22.8%) are higher than last year (19.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TRANSCOHOT has become profitable over the past 5 years, growing earnings by 59% per year.

Accelerating Growth: TRANSCOHOT's earnings growth over the past year (50.3%) is below its 5-year average (59% per year).

Earnings vs Industry: TRANSCOHOT earnings growth over the past year (50.3%) exceeded the Hospitality industry 17.5%.

Return on Equity

High ROE: TRANSCOHOT's Return on Equity (25.3%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 18:57
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Transcorp Hotels Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.