Taj GVK Q3 and 9M FY26: 35% PAT growth at all-time high, margin up 300bps

Pat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF Explain this filing

TAJGVK · price

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Price reactionminutes from the announcement price · days from the prior close

+3.6%Reaction day

₹359.40

prior close

₹365.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.6%+1.0% vs market

Hotels & Resorts peers, median of 50sector+1.9%+1.6% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.6 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+3.9+3.6+0.3+2.8+1.1

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UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

9M FY26: revenue 376 Cr up 13.5%, EBITDA 134 Cr up 21% with 300 bps margin expansion to 36%, PAT hit all-time high of 89 Cr up 35%. Q3 revenue up 8% to 138 Cr but EBITDA fell to 44 Cr from 51 Cr due to one-time expenses of 6.18 Cr for gratuity and licence fee. Board approved acquiring additional stake in Taj Santacruz JV for about 16 Cr, making it a subsidiary. Signed 20-year hotel management pacts with IHCL.

Likely market impact

Strong 9M performance with record PAT and margin expansion. Q3 EBITDA dip is one-time. JV stake increase signals confidence in Taj Santacruz growth.