TGB BANQUETS&HOTELS LTD

Operates banquet halls and hotels out of Ahmedabad, earning revenue from venue rentals for weddings, social events and conferences, plus room rentals and food and beverage services from hotel operations. In FY26, the business posted revenue of 38.48 crore with a net profit of 1.43 crore, translating to an EBITDA margin of 21.05%. The cost mix is dominated by other operating expenses at 40% of revenue, materials and supplies at 23.9%, employee costs at 18% and depreciation at 13.6%, reflecting the asset-heavy, people-intensive nature of running banquet halls and hotels. For Q1 FY27 (quarter ended June 2026), revenue from operations came in at 832.86 lakh, down from 887.13 lakh in the same quarter a year earlier, while net profit rose marginally to 19.40 lakh from 18.39 lakh. Total bank facilities stand at 5.28 crore, comprising a 5.15 crore cash credit line from Indian Overseas Bank and a 0.13 crore bank guarantee from State Bank of India, with a CARE B+ rating and Stable outlook. Narendra Gurmukhdas Somani serves as Chairman and Managing Director, heading the promoter group.