The Numbers Game: 9 Mahine Zabardast, Q3 Mein Thoda Dip
Dekho, saal ke pehle 9 mahine (9M FY26) mein TAJGVK Hotels ne revenue mein 13.6% ki growth dikhai hai, jo ₹376 Crore tak pahunch gaya. EBITDA bhi 20.7% badhkar ₹134 Crore ho gaya aur margins 33.5% se badhkar 35.6% ho gaye. Iss wajah se Profit After Tax (PAT) 34.8% badhkar ₹89 Crore tak pahunch gaya, jo company ka ek record hai!
Ab Q3 FY26 ki baat karte hain. Yahan revenue 8% badhkar ₹138 Crore ho gaya. Lekin, EBITDA 13.7% gir kar ₹44 Crore ho gaya aur PAT bhi 14.7% kam ho kar ₹29 Crore par aa gaya.
Kya Hai Q3 Mein Girawat Ka Raaz?
Yeh Q3 mein PAT ki girawat koi operating problem nahi, balki kuch 'one-off expenses' ki wajah se hai. Company ne ₹6.18 Crore ke kuch ek baar ke kharche kiye hain. Isme ₹4.22 Crore ka provision tha jo naye Labour Codes ke hisaab se gratuity ke liye kiya gaya, aur ₹1.96 Crore license fees mein badhotri thi. Agar yeh kharche na hote toh operating performance aur acha dikhta.
Q3 mein CapEx bhi kiya gaya hai ₹2.48 Crore ka, Taj Deccan aur Taj Chandigarh mein renovations ke liye.
Future Ke Plans: Expansion Mode On!
Management ko umeed hai ki Q4 FY26 mein bhi demand achi bani rahegi, khaas kar conferencing aur banquets sectors mein. Company ek naya 256-key wala Taj Yelahanka hotel North Bengaluru mein kholne ki planning kar rahi hai, jo ek bada expansion hoga. Saath hi, woh Taj Santacruz, Mumbai mein ₹16.09 Crore mein 51% majority stake acquire kar rahe hain, jisse woh JV ab company ka wholly-owned subsidiary ban jayega. IHCL ke saath Hotel Management Agreements (HMAs) sab properties ke liye chal rahe hain, jo operational stability denge. Yeh sab cheezein company ke future growth prospects ko mazboot karti hain.