TGB Banquets and Hotels Limited Share Price and Company Fundamentals



Price
₹11.45
Change
0.200 (1.778%)
52 week
7.6 - 14.45

Last traded: Last Friday at 9:59 AM

TGB Banquets and Hotels Limited provides restaurant, banquet, and hotel services in India. It operates hotels under The Grand Bhagwati name in Ahmedabad. The company also offers dining under the Café Piano and Mr. & Mrs. Somani name; and food and catering services. In addition, it operates convention centers under The Grand Bhagwati name, as well as clubs and events. The company was formerly known as Bhagwati Banquets and Hotels Limited and changed its name to TGB Banquets and Hotels Limited in April 2013. TGB Banquets and Hotels Limited was founded in 1989 and is based in Ahmedabad, India.

Key Metrics

PE ratio

-

PB ratio

0.44

Dividend yield

0.00%

Beta

0.80

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Lodging / Consumer Cyclical
Full time employees 103
Website https://www.thegrandbhagwati.com
Mailing address The Grand Bhagwati Plot No. 380 S. G. Road Bodakdev Ahmedabad 380054 India
Phone / Fax 91 79 2684 1000 / 91 79 2684 0915

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

TGB Banquets and Hotels Limited paid ₹0.00 dividend and the ex-dividend date was 22 Sept 2011.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TGBHOTELS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

TGBHOTELS's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on TGB Banquets and Hotels Limited.

Name Title Age Total Pay
Mr. Narendra Gurmukhdas Somani B.Com Chairman & MD 55 4.8M
Mr. Hemant Gurmukhdas Somani B.Com Whole Time Director 45 2.4M
Mr. Devanand Gurmukhdas Somani B.Com Whole Time Director 50
Mr. Gaurav Dixit Company Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

-9.99%

Operating margin

-11.10%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of TGB Banquets and Hotels Limited is and its enterprise value is .

The TGBHOTELS's stocks Beta value is 0.80 making it 20% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

TGB Banquets and Hotels Limited (NSE:TGBHOTELS) Frequently Asked Questions

1. What is TGB Banquets and Hotels Limited's Stock Symbol?

TGB Banquets and Hotels Limited trades on NSE under the ticker symbol "TGBHOTELS".

2. What is TGB Banquets and Hotels Limited's stock price today?

One share of TGBHOTELS stock can currently be purchased for approximately ₹11.45.

3. How can I contact TGB Banquets and Hotels Limited?

TGB Banquets and Hotels Limited's mailing address is The Grand Bhagwati Plot No. 380 S. G. Road Bodakdev Ahmedabad 380054 India. The company can be reached via phone at 91 79 2684 1000.

4. What is TGB Banquets and Hotels Limited's official website?

The official website of TGB Banquets and Hotels Limited is https://www.thegrandbhagwati.com.