TGB Banquets Reports FY26 Net Profit of ₹143.47 Lakhs; Board Approves Audited Results

TGB Banquets & Hotels Limited held its first board meeting of FY 2026-27 on Monday, May 18, 2026, at its registered office — "The Grand Bhagwati", Plot No. 380, Bodakdev, S. G. Road, Ahmedabad - 380054. The meeting commenced at 4:30 PM and concluded at 6:00 PM. Filed in compliance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the communication was submitted by Company Secretary and Compliance Officer, Arpita Shah (M. No.: A60451), and addressed to both the National Stock Exchange of India Limited and BSE Limited.

Board Meeting Outcome

The board considered and approved several key agenda items during the meeting:

Parameter: Details Meeting Reference: 01/2026-27 (First Board Meeting of FY 2026-27) Meeting Date: Monday, May 18, 2026 Meeting Time: 4:30 PM – 6:00 PM Venue: "The Grand Bhagwati", Plot No. 380, Bodakdev, S. G. Road, Ahmedabad - 380054 Regulatory Reference: Regulation 30 & 33 of SEBI (LODR) Regulations, 2015

The board approved the following items at the meeting:

Standalone Audited Financial Results, Statement of Assets and Liabilities, and Cash Flow Statement for the quarter and year ended March 31, 2026

Auditor's Report on the Audited Standalone Financial Results for the quarter and year ended March 31, 2026, issued by M/s. Prakash Tekwani & Associates, Chartered Accountants (FRN: 120253W)

Declaration on unmodified opinion on the Audited Annual Financial Statements for the year ended March 31, 2026, pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2016

Appointment of M/s. Rubbal Anil Bhandari and Associates as Internal Auditor(s) of the Company for the financial year 2026-27

Standalone Financial Results

TGB Banquets and Hotels reported its standalone audited financial results for the quarter and year ended March 31, 2026. The following table presents the key income and profitability metrics (₹ in Lakhs except EPS):

Metric: Q4 FY26 (Audited) Q3 FY26 (Un-audited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited) Revenue from Operations: 1,042.93 1,057.20 1,158.78 3,847.83 3,749.18 Other Income: 31.44 26.88 156.39 115.85 219.10 Total Income (Net): 1,074.37 1,084.08 1,315.17 3,963.68 3,968.28 Total Expenses: 1,039.87 1,017.86 1,225.53 3,823.95 3,775.59 Profit Before Tax: 34.50 66.23 89.64 139.73 192.69 Net Profit: 38.24 66.23 91.32 143.47 194.37 Total Comprehensive Income: 42.19 66.23 91.78 147.42 194.83 Basic EPS (₹): 0.13 0.23 0.31 0.49 0.66 Diluted EPS (₹): 0.13 0.23 0.31 0.49 0.66

For the full year FY26, revenue from operations grew to ₹3,847.83 lakhs from ₹3,749.18 lakhs in FY25. Total income remained broadly stable at ₹3,963.68 lakhs compared to ₹3,968.28 lakhs in the prior year, as lower other income offset the revenue growth. Net profit for FY26 stood at ₹143.47 lakhs against ₹194.37 lakhs in FY25. The company's paid-up equity share capital stood at ₹2,928.64 lakhs (face value ₹10 per share), while other equity (excluding revaluation reserve) was ₹4,827.44 lakhs as at March 31, 2026.

Key Expense Breakdown (₹ in Lakhs)

Expense: FY26 (Audited) FY25 (Audited) Cost of Materials Consumed: 920.67 1,051.17 Employee Benefits Expenses: 693.20 622.66 Depreciation & Amortisation: 524.28 526.22 Finance Costs: 145.93 146.11 Other Expenses: 1,539.88 1,429.43 Total Expenses: 3,823.95 3,775.59

Balance Sheet Highlights

The standalone balance sheet as at March 31, 2026, reflects total assets of ₹11,225.31 lakhs against ₹11,633.20 lakhs in the previous year. Key balance sheet figures are presented below (₹ in Lakhs):

Parameter: March 31, 2026 (Audited) March 31, 2025 (Audited) Property, Plant & Equipment: 1,628.49 2,110.10 Total Non-Current Assets: 2,511.37 2,938.86 Inventories: 547.07 488.29 Trade Receivables: 859.46 714.79 Cash & Cash Equivalents: 70.63 220.07 Total Current Assets: 8,713.93 8,694.33 Total Assets: 11,225.31 11,633.20 Equity Share Capital: 2,928.64 2,928.64 Other Equity: 4,827.44 4,680.03 Total Equity: 7,756.08 7,608.67 Non-Current Borrowings: 277.56 296.68 Current Borrowings: 246.50 119.46 Total Equity & Liabilities: 11,225.31 11,633.20

Cash Flow Summary

The standalone cash flow statement for the year ended March 31, 2026, shows net cash from operating activities of ₹43.43 lakhs, compared to ₹1,050.83 lakhs in FY25. Net cash from investing activities stood at ₹385.14 lakhs (FY25: ₹(52.20) lakhs), while net cash used in financing activities was ₹(578.01) lakhs (FY25: ₹(807.23) lakhs). Cash and bank balances at the end of the year stood at ₹70.63 lakhs, compared to ₹220.07 lakhs at the beginning of the year.

Cash Flow: FY26 (₹ in Lakhs) FY25 (₹ in Lakhs) Net Cash from Operating Activities: 43.43 1,050.83 Net Cash from Investing Activities: 385.14 (52.20) Net Cash from Financing Activities: (578.01) (807.23) Net Increase/(Decrease) in Cash: (149.44) 191.40 Cash at End of Year: 70.63 220.07

Internal Auditor Appointment

The board approved the appointment of M/s. Rubbal Anil Bhandari and Associates as Internal Auditor for FY 2026-27, disclosed pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015:

Parameter: Details Firm Name: M/s. Rubbal Anil Bhandari and Associates Firm Registration Number: FRN: 128061W Location: Ahmedabad - 380004 Date of Appointment: May 18, 2026 Appointment Term: Financial Year 2026-27 Reason: Appointment as Internal Auditor of the Company Relationship with Directors: NA

Established in 2007, M/s. Rubbal Anil Bhandari and Associates is a partnership firm of practicing chartered accountants based in Ahmedabad. The firm offers services encompassing income tax, GST, audit, assessment, training, finance, loans, MSME Samadhan, debt recovery, international taxation, and wealth management.

Trading Window Closure

In accordance with the company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by designated persons and their immediate relatives, the trading window for dealing in the securities of TGB Banquets and Hotels has been closed effective from April 1, 2026. It will remain closed until the end of 48 hours after the announcement or declaration of the audited financial results for the quarter and year ended March 31, 2026. This measure is a standard regulatory requirement aimed at preventing insider trading during periods when price-sensitive financial information is pending public disclosure.

TGB Banquets and Hotels Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission was made on April 7, 2026, covering the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited. The certificate was received from M/s. MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the company's Registrar and Share Transfer Agent (RTA).

Parameter: Details Quarter Ended: March 31, 2026 Submission Date: April 7, 2026 RTA: MUFG Intime India Private Limited BSE Scrip Code: 532845 NSE Symbol: TGBHOTELS

Certificate Details

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories. The RTA verified that all securities comprised in the certificates have been listed on the stock exchanges where the company's earlier issued securities are listed.

Compliance Confirmation

The certificate confirms several key compliance aspects:

Securities received for dematerialisation were confirmed or rejected within prescribed timelines

Security certificates received were mutilated and cancelled after due verification by the depository participant

Names of the depositories have been substituted in the register of members as the registered owner

All processes were completed in accordance with regulatory requirements

Company Information

The submission was signed by Arpita Shah, Company Secretary & Compliance Officer (Membership No.: A60451), from the company's Ahmedabad office. TGB Banquets and Hotels Limited operates from S.G. Road, Ahmedabad, Gujarat, and maintains its corporate identity number as L55100GJ1999PLC036830.

This quarterly submission represents the company's ongoing commitment to maintaining regulatory compliance and transparency with stock exchange requirements.

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