Taragaon Regency Hotel Reports 28.18% Increase in Q4 Net Profit as Revenue Surges by 11.59%; Investments Reaches Rs. 1.51 Arba
Wed, Aug 14, 2024 10:07 AM on Latest, Financial Analysis, Company Analysis,
Taragaon Regency Hotel (TRH), operator of the renowned Hyatt Regency Hotel, has unveiled its financial results for the fourth quarter of the fiscal year 2080/81, showcasing substantial growth across key financial metrics. The company's net profit has risen impressively by 28.18% to Rs. 51.82 crores, compared to the same quarter of the previous fiscal year.
The growth trajectory is further underscored by a significant 89.68% increase in investments, resulting in a significant portfolio valued at Rs. 1.514 Arba. Additionally, TRH's revenue has surged by 11.59%, reaching Rs. 1.49 Arba by the end of the quarter, contributing notably to the company's enhanced profitability.
TRH demonstrates strong financial stability with a paid-up capital of Rs. 1.96 Arba and has boosted its reserves by 34.63%, amounting to Rs. 91.46 crores. The company also reports an annualized Earnings per Share (EPS) of Rs. 26.41 and a Net Worth per Share of Rs. 146.62, with a Price-to-earnings (P/E) Ratio of 30.55 times.
At the close of the fourth quarter, TRH's shares were priced at Rs. 807.
Major Financial Highlights:
| Particulars (Rs in 000) | Taragaon Regency Hotel Limited | ||
|---|---|---|---|
| Q4 2080/81 | Q4 2079/80 | Difference | |
| Paid Up Capital | 1,962,120 | 1,886,654 | 4.00% |
| Reserves & Surplus | 914,697 | 679,426 | 34.63% |
| Property, Plant and Equipment | 1,715,008 | 1,717,685 | -0.16% |
| Investment | 1,514,769 | 798,610 | 89.68% |
| Revenue from Operation | 1,496,459 | 1,341,086 | 11.59% |
| Operational Expenses | 775,926 | 734,941 | 5.58% |
| Administrative Expenses | 226,387 | 247,104 | -8.38% |
| Net Profit | 518,269 | 404,332 | 28.18% |
| Annualized EPS (In Rs.) | 26.41 | 21.43 | 23.25% |
| Net Worth per Share (In Rs.) | 146.62 | 136.01 | 7.80% |
| Qtr End P/E Ratio | 30.55 | - | |
| Qtr End Price | 807 | - | |
