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

Consumer Cyclical · IN · Market cap ₹21.5B

TH TAJGVK Hotels & Resorts Limited TAJGVK · NSE
Price₹367.95
Fair Value₹759.67
Upside+106.5%
Quality54/100
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Expensive Growth
Highly profitable · 80.7% net margin
Low debt · negative free cash flow
0.59% dividend yield
Ranks above peers (9/13)
Wide moat 85/100
Evidence: Medium Range ₹471.64 – ₹1,197 Share as image

Fair value as of: Aug 8, 2026

From 17 valuation models · updated today

Fair value updated Aug 8, 2026, revised from ₹1,110 to ₹759.67 (−31.5%) since Jul 3, 2026. Share price +1.7% over the past month.

A solid business, screening 106% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (₹471.64). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (₹471.64 to ₹1,197) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹512.32 ₹101.86 Fair Value ₹759.67 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.

How to read this chart

60‑month range ₹101.86 – ₹512.32 · fair‑value band ₹471.64 – ₹1,197 · the ₹367.95 price screens below the ₹759.67 fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

TAJGVK Hotels & Resorts Limited (TAJGVK) currently trades at ₹367.95, while our model-based Fair Value estimate is ₹759.67, implying the stock looks roughly 106.5% undervalued today. We read business quality at 54/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, TAJGVK Hotels & Resorts Limited generated revenue of ₹5.1B at a net margin of 80.7%. Revenue grew 22.2% year over year. It earns a return on equity of 39.6%. The balance sheet holds a net cash position of ₹206M. Fundamentals as of Aug 8, 2026

Our scenario range runs from ₹471.64 (bear case) to ₹1,197 (bull case); at ₹367.95, the current price sits below 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 28% below its 52-week high and 31% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -62% fair-value upside, at 106%, TAJGVK 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 BearBaseBull Evidence
Highest evidence
Residual Income ₹593.16 ₹1,046 ₹21,064 76
ROIC Compounder ₹174.55 ₹227.32 ₹300.38 72
Gordon GGM ₹18.36 ₹38.18 ₹60.57 70
All 17 models by family
DCF Models
Owner Earnings ₹454.08 ₹773.92 ₹1,309 31
Earnings-Based
Graham-Dodd ₹444.94 ₹1,859 ₹2,536 54
Lynch FV ₹470.85 ₹672.64 ₹874.44 50
PEG = 1.0 ₹470.85 ₹672.64 ₹874.44 46
EPV ₹171.04 ₹196.89 ₹219.51 59
Dividend Discount
Gordon GGM ₹18.36 ₹38.18 ₹60.57 70
DDM Multi-Stage ₹18.36 ₹32.20 ₹40.07 61
Multiples
P/E Multiple ₹981.48 ₹1,309 ₹1,636 63
P/S Multiple ₹152.04 ₹202.73 ₹253.41 58
P/B Multiple ₹367.55 ₹490.06 ₹612.58 55
EV/EBIT ₹317.87 ₹418.51 ₹519.15 53
EV/EBITDA ₹256.91 ₹337.23 ₹417.55 54
EV/Revenue ₹157.86 ₹218.67 ₹279.49 43
Asset-Based
NCAV (Graham) ₹81.68 ₹109.45 ₹163.35 50
Economic Profit
Residual Income ₹593.16 ₹1,046 ₹21,064 76
ROIC Compounder ₹174.55 ₹227.32 ₹300.38 72
Growth Earnings
Growth-Adj P/E ₹780.77 ₹1,115 ₹1,450 68

Widest divergence: Growth Earnings (₹1,115) versus Dividend Discount (₹32.20). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) ₹5.1B
Revenue growth (YoY) +22.2%
Net margin 80.7%
Return on equity 39.6%
Free cash flow −₹244M FY2026
P/E ratio 5.3
More key figures
Operating margin 26.5%
EPS (TTM) ₹65.30
Dividend yield 0.6%
EPS growth (YoY) +832%
Net cash ₹206M FY2026

Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 53 · Market factors (momentum, volatility) 49

Profitability 69
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 83
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, Taj Deccan, and Vivanta Begumpet in Hyderabad, as well as Taj Chandigarh in Chandigarh, Taj Santacruz in Mumbai, and Taj Club House in Chennai. 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

FY2022 – FY2026 · reported fiscal years

TAJGVK Hotels & Resorts Limited reported revenue of ₹5.1B in FY2026 versus ₹2.3B in FY2022, a compound +22.3%/yr. Reported net income was ₹4.1B in FY2026, compounding +153.7%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹5.1B
Latest YoY
+10.2%
Avg. growth/yr (3Y)
+9.8%
Avg. growth/yr (5Y)
+40.4%
Avg. growth/yr (21Y)
+7.3%
Revenue +22.3%/yr
FY22 ₹2.3B
FY23 ₹3.8B
FY24 ₹4.1B
FY25 ₹4.6B
FY26 ₹5.1B
Net income +153.7%/yr
FY22 ₹99.0M
FY23 ₹798M
FY24 ₹744M
FY25 ₹1.2B
FY26 ₹4.1B

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

Peer Group

Lodging · 170 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 54 · Above median
Fair Value upside +107% · Top 25%
Return on equity (TTM) 40% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 81% · Top 25%
Operating margin (TTM) 27% · Top 25%
Revenue growth 22% · Top 25%
Dividend yield (TTM) 0.6% · Below median
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Lodging median · lower = cheaper

P/E (TTM) 5.3× · Cheaper than 75% of peers
P/B 2.10× · Pricier than median
P/S (TTM) 4.24× · Pricier than median
EV/EBITDA 13.3× · Pricier than median

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 100 · sector 2
FUTURE 100 · sector 18
PAST 100 · sector 11
HEALTH 98 · sector 91
DIVIDEND 12 · sector 23

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 8, 2026).

Stock Price Fair Value vs Fair Value
Marriott International, Inc MAR $369.05 $135.64 -63%
Hilton Worldwide Holdings HLT $328.48 $123.67 -62%
InterContinental Hotels Group IHG $159.87 $85.18 -47%
Hyatt Hotels Corporation H $191.00 $47.69 -75%
H World Group HTHT $42.67 $47.55 +11%
Accor SA AC €47.25 €39.26 -17%
The Indian Hotels Company INDHOTEL ₹743.20 ₹260.68 -65%
Wyndham Hotels & Resorts, Inc WH $78.54 $24.02 -69%
Hanjin Kal, 180640 113,500 KRW 36,890 KRW -67%
Jabal Omar Development Company 4250 16.00 SAR 11.64 SAR -27%

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Frequently asked questions

Is TAJGVK Hotels & Resorts Limited (TAJGVK) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of ₹759.67 versus a price of ₹367.95, about +106% (undervalued).
What is the fair value of TAJGVK?
Our model-based fair value for TAJGVK Hotels & Resorts Limited is ₹759.67 (as of Aug 8, 2026), built from audited fundamentals. The current price is ₹367.95.
What is the quality score of TAJGVK?
TAJGVK Hotels & Resorts Limited has a Quality Score of 54/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of TAJGVK Hotels & Resorts Limited (TAJGVK)?
TAJGVK Hotels & Resorts Limited reported trailing-twelve-month revenue of about ₹5.1B (latest available figure, as of Aug 8, 2026).
What is the net profit margin of TAJGVK?
The net profit margin of TAJGVK Hotels & Resorts Limited is about 80.7%, meaning it keeps roughly 80.7% of revenue as net income. 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 0.59% relative to its recent price (as of Aug 8, 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.

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