EN DE

TAJGVK Hotels & Resorts Limited (532390) Fair Value & Analysis

Services · IN · Market cap ₹8.1B

TH TAJGVK Hotels & Resorts Limited 532390 · BSE
Price₹337.95
Fair Value₹258.32
Upside-23.6%
Quality58/100
Watch TAJGVK Hotels & Resorts Limited for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Loss-making · -8.3% net margin
Low debt
0.25% dividend yield
Trails peers (4/11)
Narrow moat 11/100
Evidence: High Range ₹144.12 – ₹391.72 Share as image

Fair value as of: Aug 18, 2026

From 26 valuation models · updated today

Share price −6.2% over the past month.

A solid business, but screening 24% overvalued on our models.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The model range is unusually wide (₹144.12 to ₹391.72). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹513.16 ₹102.16 Fair Value ₹258.32 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 18, 2026.

How to read this chart

60‑month range ₹102.16 – ₹513.16 · fair‑value band ₹144.12 – ₹391.72 · the ₹337.95 price screens above the ₹258.32 fair value. Dashed = 300-day average. As of Aug 18, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

TAJGVK Hotels & Resorts Limited (532390) currently trades at ₹337.95, while our model-based Fair Value estimate is ₹258.32, implying the stock looks roughly 23.6% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, TAJGVK Hotels & Resorts Limited generated revenue of ₹1.8B at a net margin of -8.3%. Revenue declined 85.6% year over year. It earns a return on equity of -3.9%. The stock trades on a trailing P/E of 27.5 (as of Aug 18, 2026). Fundamentals as of Aug 18, 2026

Our scenario range runs from ₹144.12 (bear case) to ₹391.72 (bull case); at ₹337.95, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 37% below its 52-week high and 20% above its 52-week low, currently above its 200-day average. For context, the median of 10 Services peers we cover trades at -56% fair-value upside, at -24%, 532390 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹154.86 ₹272.02 ₹467.10 80
Residual Income ₹119.70 ₹165.36 ₹669.12 76
Rev-Margin DCF ₹138.27 ₹241.61 ₹380.14 74
All 26 models by family
DCF Models
FCF DCF ₹157.77 ₹291.29 ₹525.38 38
Owner Earnings ₹186.84 ₹345.54 ₹623.78 31
5Y Revenue Exit ₹138.27 ₹244.82 ₹392.14 39
5Y EBITDA Exit ₹189.78 ₹354.65 ₹567.65 41
5Y P/E Exit ₹230.21 ₹440.90 ₹690.65 38
10Y Revenue Exit ₹139.23 ₹242.95 ₹407.93 36
10Y EBITDA Exit ₹177.38 ₹323.18 ₹556.40 37
10Y P/E Exit ₹203.97 ₹386.19 ₹660.45 35
Earnings-Based
Graham-Dodd ₹127.10 ₹660.50 ₹913.55 54
Lynch FV ₹180.82 ₹258.32 ₹335.81 50
PEG = 1.0 ₹180.82 ₹258.32 ₹335.81 46
EPV ₹167.84 ₹193.76 ₹216.13 59
Dividend Discount
Gordon GGM ₹13.17 ₹26.25 ₹39.75 70
DDM Multi-Stage ₹13.17 ₹22.69 ₹27.71 61
Multiples
P/E Multiple ₹280.37 ₹373.83 ₹467.29 63
P/S Multiple ₹134.47 ₹179.29 ₹224.12 58
P/B Multiple ₹235.03 ₹313.37 ₹391.72 55
EV/EBIT ₹274.56 ₹364.87 ₹455.18 53
EV/EBITDA ₹219.84 ₹291.91 ₹363.97 54
EV/Revenue ₹129.15 ₹182.94 ₹236.72 43
Asset-Based
NCAV (Graham) ₹52.23 ₹69.99 ₹104.46 50
Growth DCF
Growth DCF ₹154.86 ₹272.02 ₹467.10 80
Rev-Margin DCF ₹138.27 ₹241.61 ₹380.14 74
Economic Profit
Residual Income ₹119.70 ₹165.36 ₹669.12 76
ROIC Compounder ₹191.37 ₹259.21 ₹349.26 72
Growth Earnings
Growth-Adj P/E ₹263.79 ₹376.85 ₹489.90 68

Widest divergence: Growth Earnings (₹376.85) versus Dividend Discount (₹22.69). Highest evidence: Growth DCF (80).

Notify me when 532390 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) ₹1.8B
Revenue growth (YoY) -85.6%
Net margin -8.3%
Return on equity -3.9%
P/E ratio 27.5 as of Aug 18, 2026
Operating margin 4.3%
More key figures
EPS (TTM) ₹0.1580
Dividend yield 0.3%
EPS growth (YoY) +193%

Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 64 · Market factors (momentum, volatility) 36

Profitability 72
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

TAJGVK Hotels & Resorts Limited owns, operates, and manages hotels, palaces, and resorts under the Taj brand in India. It operates Taj Krishna, a 5-star hotel with 260 rooms, Taj Banjara with 122 rooms, Taj Deccan with 151 rooms, and Vivanta by Taj, a five star hotel with 181 rooms in Hyderabad.

Full company description

TAJGVK Hotels & Resorts Limited owns, operates, and manages hotels, palaces, and resorts under the Taj brand in India. It operates Taj Krishna, a 5-star hotel with 260 rooms, Taj Banjara with 122 rooms, Taj Deccan with 151 rooms, and Vivanta by Taj, a five star hotel with 181 rooms in Hyderabad. The company also operates Taj Chandigarh with 149 rooms in Chandigarh; Taj Club House with 220 rooms in Chennai; and Taj Santacruz with 279 rooms in Mumbai. The company was incorporated in 1995 and is based in Hyderabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TAJGVK Hotels & Resorts Limited reported revenue of ₹4.5B in FY2025 versus ₹942M in FY2021, a compound +47.8%/yr. Reported net income was ₹1.2B in FY2025.

Growth Quality 75/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
₹4.5B
Latest YoY
+10.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+25.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.5%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.7%
Revenue +47.8%/yr
FY21 ₹942M
FY22 ₹2.3B
FY23 ₹3.8B
FY24 ₹4.1B
FY25 ₹4.5B
Net income
FY21 −₹400M
FY22 ₹21.0M
FY23 ₹933M
FY24 ₹927M
FY25 ₹1.2B

532390 screens 24% overvalued. Compare with Marriott International, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "TAJGVK Hotels & Resorts Limited Fair Value". https://www.fairvalue-calculator.com/stock/532390

Peer Group

Lodging · 165 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 58 · Above median
Fair Value upside −24% · Above median
Return on assets 1% · Below median
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) 4% · Below median
Revenue growth -86% · Bottom 25%
Dividend yield (TTM) 0.3% · Bottom 25%

Valuation Multiples vs Lodging median · lower = cheaper

P/E (TTM) 27.5× · Pricier than median
P/S (TTM) 0.05× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 2 · sector 0
FUTURE 0 · sector 19
PAST 0 · sector 11
HEALTH 100 · sector 91
DIVIDEND 5 · sector 28

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Lodging stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).

Stock Price Fair Value vs Fair Value
Marriott International, Inc MAR $354.58 $132.35 -63%
Hilton Worldwide Holdings HLT $322.53 $122.02 -62%
InterContinental Hotels Group IHG $161.82 $85.18 -47%
Hyatt Hotels Corporation H $178.37 $46.78 -74%
H World Group HTHT $41.25 $47.78 +16%
The Indian Hotels Company INDHOTEL ₹724.00 ₹253.67 -65%
Hanjin Kal, 180640 118,200 KRW 36,890 KRW -69%
Jabal Omar Development Company 4250 16.00 SAR 11.64 SAR -27%
Makkah Construction and Development Company 4100 81.95 SAR 36.25 SAR -56%
Minor International Public Company MINT 22.90 THB 32.82 THB +43%

Compare TAJGVK Hotels & Resorts Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is TAJGVK Hotels & Resorts Limited (532390) overvalued or undervalued?
As of Aug 18, 2026, our model estimates a fair value of ₹258.32 versus a price of ₹337.95, about −24% (overvalued).
What is the fair value of 532390?
Our model-based fair value for TAJGVK Hotels & Resorts Limited is ₹258.32 (as of Aug 18, 2026), built from audited fundamentals. The current price is ₹337.95.
What is the quality score of 532390?
TAJGVK Hotels & Resorts Limited has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of TAJGVK Hotels & Resorts Limited (532390)?
TAJGVK Hotels & Resorts Limited reported trailing-twelve-month revenue of about ₹1.8B (latest available figure, as of Aug 18, 2026).
What is the net profit margin of 532390?
The net profit margin of TAJGVK Hotels & Resorts Limited is about -8.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does TAJGVK Hotels & Resorts Limited pay a dividend?
TAJGVK Hotels & Resorts Limited currently shows a dividend yield of about 0.25% relative to its recent price (as of Aug 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track TAJGVK Hotels & Resorts Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.