TGB Banquets and Hotels LimitedQ2 FY27 Results & Financial Update
TGB Banquets and Hotels Limited: Q2 FY27 standalone results and company financials – revenue ₹5.42 Cr, PAT ₹0.10 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Find an answer
Ask this result
Chart · Market context
TGB Banquets and Hotels price & chart
Quarter overview
Quarterly earnings analysis
TGB Banquets and Hotels Limited posted standalone revenue from operations of INR 5.42 crore for the quarter ended September 30, 2026, marking an increase compared to the previous quarter.
Total income for Q2 FY27 stood at INR 5.80 crore, supported by other income of INR 0.37 crore and interest income of INR 0.41 crore.
The company reported a net profit (PAT) and profit before tax (PBT) of INR 0.099 crore for the quarter under review, reflecting a contraction relative to the sequential period.
Basic and diluted earnings per share (EPS) for the September 2026 quarter settled at INR 0.03 each.
Total expenses for the quarter were contained at INR 5.70 crore, with employee benefits expense and other expenses forming the largest cost buckets.
Depreciation and amortization expenses remained stable at INR 1.31 crore, while finance costs stood at INR 0.27 crore for the quarter.
01 · Business model
What does TGB Banquets and Hotels do?
TGB Banquets and Hotels Limited operates in the hospitality sector, focusing on hotels, banquets, and convention facilities anchored by its flagship brand 'The Grand Bhagwati'.
The company generates its primary operating revenue through hospitality services, room rentals, food and beverage sales, and banquet hosting from its properties.
Geographically, the company operates primarily out of its registered location on S.G. Road in Ahmedabad, Gujarat, serving both transient corporate/leisure guests and large-scale social gatherings.
The revenue model relies heavily on occupancy rates, average room realizations, banquet booking volumes, and food and beverage yields across its hotel and events infrastructure.
02 · Financial snapshot
Current quarter vs the available comparable
| Metric | Q2 FY27 | Previous quarter |
|---|---|---|
| Revenue from operations | ₹5.42 Cr | ₹8.33 Cr |
| Total income | ₹5.80 Cr | ₹8.70 Cr |
| Profit before tax | ₹0.10 Cr | ₹0.19 Cr |
| Profit after tax | ₹0.10 Cr | ₹0.19 Cr |
| EPS | ₹0.03 | ₹0.07 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 1.8% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 1.8% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.37 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations reached INR 5.42 crore during Q2 FY27, driven by room bookings, restaurant yields, and event hosting activities.
Total income benefited from INR 0.37 crore in other income and INR 0.41 crore in interest income during the quarter.
What drove margins
Cost of materials consumed was reported at INR 1.08 crore, while employee benefit expenses stood at INR 1.36 crore for Q2 FY27.
Depreciation and amortization of INR 1.31 crore and finance costs of INR 0.27 crore continued to exert structural overhead pressure on operating margins.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates solely within one reportable segment, namely the Hospitality / Hotels Business, obviating the need for separate Ind AS 108 segment reporting.
05 · Reported developments
What changed operationally
The company maintained positive net profitability for Q2 FY27, reporting a PAT of INR 0.099 crore.
06 · Items worth noticing
The line items that can distort a quick read
The company recorded provisions of INR 0.55 crore during the quarter ended September 30, 2026.
07 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
For the half year ended September 30, 2026, net cash generated from operating activities stood at INR 3.14 crore.
Net cash from investing activities was INR 0.26 crore, whereas net cash used in financing activities was INR 3.33 crore, largely driven by lease liability payments of INR 2.70 crore.
Capital allocation & funding
As of September 30, 2026, non-current borrowings stood at INR 2.67 crore and current borrowings at INR 2.52 crore, alongside lease liabilities totaling INR 4.76 crore in current liabilities.
08 · Beyond the numbers
What changed beyond the numbers
Statutory Review
The standalone financial results for the quarter and half year ended September 30, 2026, were reviewed by statutory auditors Prakash Tekwani & Associates with an unmodified conclusion.
09 · Previous-quarter changes
What changed since the previous quarter
Revenue from operations increased from INR 5.32 crore in Q1 FY27 to INR 5.42 crore in Q2 FY27.
10 · Key Q&A
The quarter, answered directly
What does TGB Banquets and Hotels do?
TGB Banquets and Hotels Limited operates in the hospitality sector, focusing on hotels, banquets, and convention facilities anchored by its flagship brand 'The Grand Bhagwati'.
What is the clearest takeaway from Q2 FY27?
TGB Banquets and Hotels Limited posted standalone revenue from operations of INR 5.42 crore for the quarter ended September 30, 2026, marking an increase compared to the previous quarter.
What drove revenue or demand?
Revenue from operations reached INR 5.42 crore during Q2 FY27, driven by room bookings, restaurant yields, and event hosting activities.
What mattered most for margins or profitability?
Cost of materials consumed was reported at INR 1.08 crore, while employee benefit expenses stood at INR 1.36 crore for Q2 FY27.
What changed operationally beyond the headline numbers?
The standalone financial results for the quarter and half year ended September 30, 2026, were reviewed by statutory auditors Prakash Tekwani & Associates with an unmodified conclusion.
What should the next disclosure help confirm?
Monitor subsequent quarterly filings for occupancy recovery trends, banquet season traction, and debt repayment progress.
11 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
12 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Upcoming Financial Disclosures: Monitor subsequent quarterly filings for occupancy recovery trends, banquet season traction, and debt repayment progress.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.
