- Home
- Results news
- TGB Banquets And Hotels
- Q2 FY27 results
TGB Banquets And Hotels Q2 FY27 results: net profit down 52.4% to ₹0.10 crore, revenue down 37.0%
TGB Banquets And Hotels Limited reported standalone revenue of ₹5.42 crore in Q2 FY27, down 37.0% from ₹8.61 crore in the year-ago quarter, with net profit of ₹0.10 crore against ₹0.21 crore. EBITDA margin rose to 24.1% from 17.8%, while basic EPS fell to ₹0.03 from ₹0.07. The results were approved by the board on 17 October 2026.
Key points
- Q2 FY27 standalone revenue was ₹5.42 crore, down 37.0% from ₹8.61 crore in Q2 FY26 and down 34.9% from ₹8.33 crore in Q1 FY27.
- EBITDA was ₹1.30 crore, down 15.0% year on year, while EBITDA margin rose to 24.1% from 17.8%, a gain of 6.3 percentage points.
- Net profit was ₹0.10 crore, down 52.4% from ₹0.21 crore in Q2 FY26, and basic EPS fell to ₹0.03 from ₹0.07.
- H1 FY27 revenue was ₹13.75 crore, down 21.3% from ₹17.48 crore, and profit after tax was ₹0.29 crore against ₹0.39 crore.
- The stock fell 5.9% on the reaction day and was down 7.9% from its pre-results close by the next day's close.
How did TGB Banquets And Hotels perform in Q2 FY27?
TGB Banquets and Hotels reported standalone revenue of ₹5.42 crore for Q2 FY27, the July–September 2026 quarter, down 37.0% from ₹8.61 crore in Q2 FY26 and down 34.9% from ₹8.33 crore in Q1 FY27. Total income was ₹5.80 crore against ₹8.95 crore a year earlier and ₹8.70 crore in the previous quarter.
EBITDA for the quarter was ₹1.30 crore, down 15.0% from ₹1.53 crore in Q2 FY26 and 9.7% lower than ₹1.44 crore in Q1 FY27. The EBITDA margin was 24.1%, up 6.3 percentage points from 17.8% a year earlier and 6.9 percentage points from 17.2% in the previous quarter.
Profit before tax was ₹0.10 crore and net profit was ₹0.10 crore, against ₹0.21 crore each in Q2 FY26 and ₹0.19 crore each in Q1 FY27. Basic EPS was ₹0.03, compared with ₹0.07 in both comparison quarters. There was no exceptional item. All figures are on a standalone basis; no consolidated figures were given.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 5.42 | 8.33 | 8.61 | −37.0% | −34.9% |
| Other income | 0.37 | 0.38 | 0.35 | +5.7% | −2.6% |
| Total expenses | 5.70 | 8.51 | 8.75 | −34.9% | −33.0% |
| EBITDA | 1.30 | 1.44 | 1.53 | −15.0% | −9.7% |
| EBITDA margin | 24.1% | 17.2% | 17.8% | +6.3 pp | +6.9 pp |
| Profit before tax | 0.10 | 0.19 | 0.21 | −52.4% | −47.4% |
| Tax | 0 | 0 | 0 | ||
| Net profit | 0.10 | 0.19 | 0.21 | −52.4% | −47.4% |
| EPS (₹) | 0.03 | 0.07 | 0.07 | −57.1% | −57.1% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in TGB Banquets And Hotels' costs and profit?
Total expenses fell to ₹5.70 crore in Q2 FY27 from ₹8.75 crore in Q2 FY26, a decline of ₹3.05 crore. Other expenses were lower by ₹1.53 crore at ₹1.67 crore, and cost of materials was lower by ₹1.17 crore at ₹1.08 crore. Employee cost fell ₹0.26 crore to ₹1.36 crore, finance costs fell ₹0.09 crore to ₹0.27 crore, and depreciation was unchanged at ₹1.31 crore.
Other income was ₹0.37 crore, up ₹0.02 crore from ₹0.35 crore in the year-ago quarter. Tax was unchanged with no tax expense recorded in either period, and there was no exceptional item in Q2 FY27 or Q2 FY26.
Against the previous quarter, total expenses were lower by ₹2.81 crore at ₹5.70 crore, with other expenses down ₹1.42 crore to ₹1.67 crore and cost of materials down ₹1.22 crore to ₹1.08 crore. Other income was ₹0.37 crore against ₹0.38 crore, and depreciation was ₹1.31 crore against ₹1.30 crore. The filing does not state reasons for these movements.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 1.08 | 2.25 | −1.17 | −52.0% |
| Employee cost | 1.36 | 1.62 | −0.26 | −16.0% |
| Finance costs | 0.27 | 0.36 | −0.09 | −25.0% |
| Depreciation | 1.31 | 1.31 | 0 | +0.0% |
| Other expenses | 1.67 | 3.20 | −1.53 | −47.8% |
| Total expenses | 5.70 | 8.75 | −3.05 | −34.9% |
| Other income | 0.37 | 0.35 | +0.02 | +5.7% |
| Tax | 0 | 0 | 0 |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
For the first half of FY27, standalone revenue was ₹13.75 crore, down 21.3% from ₹17.48 crore in H1 FY26. Total income was ₹14.50 crore against ₹18.05 crore, a decline of 19.7%.
Profit before tax and profit after tax were each ₹0.29 crore in H1 FY27, down 25.6% from ₹0.39 crore in H1 FY26. Basic EPS was ₹0.10, compared with ₹0.13 a year earlier, a fall of 23.1%.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 13.75 | 17.48 | −21.3% |
| Profit before tax | 0.29 | 0.39 | −25.6% |
| Net profit | 0.29 | 0.39 | −25.6% |
| EPS (₹) | 0.10 | 0.13 | −23.1% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹108.55 crore against ₹112.25 crore at 31 March 2026, and total equity was ₹77.85 crore against ₹77.56 crore. Borrowings stood at ₹5.19 crore against ₹5.24 crore, while cash was ₹0.78 crore against ₹0.71 crore. Inventories were ₹5.89 crore against ₹5.47 crore, trade receivables ₹7.89 crore against ₹8.59 crore, and trade payables ₹2.69 crore against ₹3.88 crore.
For H1 FY27, net cash from operating activities was ₹3.14 crore, against an outflow of ₹3.06 crore in H1 FY26. Investing cash flow was ₹0.26 crore against ₹0.11 crore, financing cash flow was an outflow of ₹3.33 crore against an inflow of ₹1.38 crore, and capital expenditure was ₹0.15 crore against ₹0.12 crore. Closing cash for both periods is not given.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 108.55 | 112.25 |
| Total equity | 77.85 | 77.56 |
| Borrowings | 5.19 | 5.24 |
| Cash and equivalents | 0.78 | 0.71 |
| Inventories | 5.89 | 5.47 |
| Trade receivables | 7.89 | 8.59 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 3.14 | −3.06 |
| Cash from investing | 0.26 | 0.11 |
| Cash from financing | −3.33 | 1.38 |
| Capital expenditure | 0.15 | 0.12 |
Source: Company's results filing (XBRL).
How has TGB Banquets And Hotels done over the last 8 quarters?
Revenue across the last eight quarters peaked at ₹11.59 crore in Q4 FY25 and bottomed at ₹5.42 crore in Q2 FY27, the latest period, after ₹8.33 crore in Q1 FY27 and ₹8.61 crore in Q2 FY26. The direction in the current quarter was lower than the previous quarter and lower than the year-ago quarter.
Net profit peaked at ₹0.91 crore in Q4 FY25 and was lowest at ₹0.10 crore in Q2 FY27, against ₹0.19 crore in Q1 FY27 and ₹0.21 crore in Q2 FY26. The EBITDA margin was 24.1% in Q2 FY27, the highest in the series, compared with 17.8% a year earlier and 17.2% in the previous quarter, after a low of 10.2% in Q4 FY25.
How did TGB Banquets And Hotels shares react?
The filing appeared after market hours. The stock was unchanged in the first five minutes, then fell 2.3% after 15 minutes and 5.6% after 30 minutes. On the reaction day it fell 5.9% from its pre-results close of ₹9.50, against a median move of -1.6% for the other Hotels & Resorts stocks, a gap of 4.3 percentage points.
Past reaction-day moves were mixed: the stock rose 7.7% on 27 July 2026 and 5.1% on 13 February 2026, while it fell 1.8% on 18 May 2026 and 13 November 2025, 2.6% on 21 August 2025 and 2.1% on 11 February 2025.
| After the filing | Stock | Hotels & Resorts median |
|---|---|---|
| 5 minutes | +0.0% | |
| 15 minutes | −2.3% | |
| 30 minutes | −5.6% | |
| Reaction day | −5.9% | −1.6% |
| Next day | −7.9% | −2.9% |
| 5 days | −6.5% | −3.2% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 27 July 2026 | +7.7% |
| 18 May 2026 | −1.8% |
| 13 February 2026 | +5.1% |
| 13 November 2025 | −1.8% |
| 21 August 2025 | −2.6% |
| 26 May 2025 | +3.8% |
| 11 February 2025 | −2.1% |
| 13 November 2024 | +1.0% |
Source: MarketPing price-reaction measurement.
How did other Hotels & Resorts companies do?
Twenty Hotels & Resorts companies filed for the quarter as of 4 November 2026. Their median revenue growth was 12.4%, while TGB Banquets and Hotels reported a 37.0% revenue decline for the quarter.
Of those peers, 19 grew revenue faster than the company and one grew slower than the company. Among the 19 peers for which profit was compared, 13 reported higher profit. TGB Banquets and Hotels reported a net profit of ₹0.10 crore in Q2 FY27.
| TGB Banquets And Hotels revenue growth (YoY) | −37.0% |
|---|---|
| Median of 20 other Hotels & Resorts companies | +12.4% |
| Companies with slower revenue growth than TGB Banquets And Hotels | 1 of 20 |
| Companies with faster revenue growth than TGB Banquets And Hotels | 19 of 20 |
| Companies whose net profit rose | 13 of 19 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was TGB Banquets And Hotels' revenue in Q2 FY27?
Revenue from operations was ₹5.42 crore, down 37.0% from ₹8.61 crore in Q2 FY26 (standalone).
Did TGB Banquets And Hotels make a profit in Q2 FY27?
Yes. Net profit was ₹0.10 crore, against a net profit of ₹0.21 crore in Q2 FY26.
What was TGB Banquets And Hotels' EPS in Q2 FY27?
Basic earnings per share were ₹0.03, against ₹0.07 in Q2 FY26.
How did TGB Banquets And Hotels shares react to the Q2 FY27 results?
On the reaction day the stock moved −5.9% from the previous close; the median Hotels & Resorts stock moved −1.6%.
When did TGB Banquets And Hotels announce its Q2 FY27 results?
On 17 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for BM To Be Held On 17.10.2026. (BSE, 9 October 2026) · PDF
- Board Meeting Outcome for Outcome Of Board Meeting (BSE, 17 October 2026) · PDF
- Financial Result For The Quarter Ended On 30.09.2026 (BSE, 17 October 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.