TGB Banquets and Hotels Limited, incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 197.39 Cr) operating in the Entertainment-Hotels And Leisure sector. TGB Banquets and Hotels Limited is a holding firm. The firm operates Hotels and Restaurant. The Company also operates Banquets and is involved in other income.
The Company's owned properties are situated in Ahmedabad and Surat, and envelope hotels, such as The Grand Bhagwati, and restaurants, like Mr. & Mrs. Somani, Ziba Restaurant, Cafe Piano, Crystal Lounge, Club Cafe and Fever 105. Its properties under franchisee are situated in Ahmedabad, Nadiad, Jamnagar and Surat, and encompass hotels,such as TGB Express, and restaurants, like TGB World Cuisine Restaurant.
In the mean time, TGB share price rocketed over 16 per cent on the National Stock Exchange (NSE) today.
A glimpse into the financials of the company:
TGB Banquets and Hotels Limited key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services which contributed Rs 132.66 Cr to Sales Value (97.20 per cent of Total Sales), Other Operating Revenue which contributed Rs 3.66 Cr to Sales Value (2.68 per cent of Total Sales) and Scrap which contributed Rs 0.15 Cr to Sales Value (0.10 per cent of Total Sales) for the year ending 31-Mar-2016.
For the quarter ended 30-09-2016 (Q2), the company has reported Standalone sales of Rs 32.02 Cr, up 14.82 from last quarter Sales of Rs 27.88 Cr and up 5.65 from last year same quarter Sales of Rs 30.30 Cr.The Company has reported a net profit after tax (PAT) of Rs 0.51 Cr. in the latest quarter.
Dynamic Levels has recommended TGB as the top 500 shares considering its strong fundamentals and financials. To acquire information on the financials and fundamentals of the stock, please visit TGB share price history.
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