Taj GVK Hotels & Resorts Ltd. (NSE: TAJGVK) |
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| Script Name |
TAJGVK |
High |
154.6 |
EPS |
5.11 |
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| % Change |
-1.11 |
Low |
150.1 |
PE |
30.95 |
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| Open |
154.6 |
Volume |
15331.0 |
F PE |
9.91B |
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| Close |
152.65 |
Yield |
35.60 - 168.60 |
Beta |
- |
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| Last Traded Price |
150.95 |
Shares |
62.70M |
Dividend |
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| Ratios |
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| Net profit margin
| 18.96%
| 22.15%
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| Operating margin
| 28.68%
| 34.29%
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| EBITD margin
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| 42.61%
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| Return on average assets
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| 12.25%
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| Return on average equity
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| 20.94%
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| Employees
| 1,600
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| TAJGVK Company Summary |
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Taj GVK Hotels & Resorts Limited is engaged in the hospitality and tourism industry. The hotel project at Chennai, Taj Mount Road was completed and operations commenced on December 22, 2008. The Chennai hotel is designed to have contemporary modern rooms, and food and beverage outlets. The civil works for the new five star hotel project sites at Begumpet, Hyderabad is progressing as per schedule. The Company is proposing the construction of service apartments (43 numbers), 7000 square feet spa and the additional car parking facility at the existing premises of Taj Krishna. The excavation works for the car park facility is nearing completion.
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| Investment Idea about TAJGVK |
| akhil bansal |
Posted On:2010-02-08 21:00:29.0 |
| At CMP, the stock is trading at attractive levels of 12.2x its FY2012E Earnings, 2.3x its FY2012E P/BV and an EV/Room of Rs1.1cr. For 3QFY2010, Taj GVK Hotels & Resorts reported a 6.2% yoy growth in net sales to Rs 64.4 crore (Rs 60.6 crore). The performance improved significantly on a qoq basis, with the top-line and EBITDA registering a rise of 19.7% and 39%, respectively.With the economic recovery gathering steam, we expect the business destinations (like Hyderabad, Chandigarh and Chennai) to significantly benefit, where TajGVK has a significant presence. Signs of improving demand are visible, with occupancy rates improving, which would consequently be followed by higher ARRs in the coming quarters. Angel Securities has recommended buy rating on Taj GVK Hotels & Resorts with a target of Rs 240, in its February 4, 2010 research report. |
| pawan goyal |
Posted On:2009-09-27 19:17:28.0 |
| At the CMP, Taj GVK trades at a P/E of 19.4x and at an EV/EBITDA of 9.3x, on its FY2011E estimates. Stock has mostly traded in an EV/EBITDA band of around 5x on the lower side, and 9x on the higher side. On its EV/Room of Rs 1 crore, which is in line with the per-room average construction cost of company, stock is fairly priced. Moreover, IHCL, the industry leader, currently has an EV/Room of Rs 1.2 crore, which makes the risk-reward unattractive for an investment in TAJGVK. Angel Broking has recommended a neutral rating on Taj GVK, in its report dated September 24, 2009. |
| sameer gandhi |
Posted On:2008-11-12 20:45:09.0 |
| TAJGVK has a good business model with diverse product portfolio and ability to leverage its offerings to maximise revenues. Ongoing turmoil in the global economy will lead to a clampdown in discretionary spending, by both corporates and individuals. This has the potential to impact revenues and profits. PINC Research has downgraded its rating on Taj GVK Hotels & Resorts to hold in its November 7, 2008 research report. |
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