Taj GVK Hotels & Resorts cash flow

Latest FY26

Cash from operations: ₹173cr+48.9% on FY25
Capital spending: ₹0.0crNo figure a year before
Free cash flow: ₹173cr+48.9% on FY25
Cash from financing: −₹17.0cr−₹84.3 cr in FY25

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	14.7	13.2	14.0	14.6
	0.2	0.0	1.0	0.0
	4.9	8.9	0.0	0.0
	6.9	0.0	0.0	0.0
	2.3	0.0	0.0	0.0
	0.0	−22.3	−18.3	−13.5
	−283	4.2	0.1	0.2
	−5.4	0.0	0.0	0.0
	−1.8	−1.0	0.7	−0.6
	−24.6	0.6	3.9	−15.2
	41.4	0.0	0.0	0.0
	−2.5	−9.5	7.8	−35.9
	−4.7	0.0	0.0	0.0
	1.4	−4.3	3.6	−2.1
	−18.7	17.5	0.8	19.1
	0.0	−0.5	−0.9	0.9
	20.2	0.0	2.4	4.3
	8.5	0.0	1.1	1.8
	2.1	0.2	0.0	0.0
	0.0	−0.0	0.0	0.0
	21.5	−3.4	0.0	1.5
Cash from operating activities
	427	129	105	118
	−216	16.1	26.8	−16.0
	210	145	132	102
	0.0	−6.7	−2.1	−1.4
	0.0	0.0	−12.9	−15.4
	0.0	9.6	7.7	4.6
	37.3	31.5	26.7	20.5
	173	116	124	99.9
Cash from investing activities
	0.0	0.0	0.0	18.0
	0.0	0.0	1.0	0.0
	204	40.7	38.9	0.0
	10.5	5.8	1.1	1.4
	18.8	16.0	0.0	0.0
	−174	−18.8	−36.8	−16.6
Cash from financing activities
	−6.4	66.5	33.2	70.5
	6.9	4.3	0.0	0.0
	—	—	0.0	−0.3
	4.2	4.2	8.1	11.2
	12.5	9.4	6.3	0.0
	0.0	0.0	4.3	4.3
	0.2	0.1	0.0	6.5
	−17.0	−84.3	−51.9	−79.1
	−18.4	13.1	35.0	4.2
	−18.4	13.1	35.0	4.2
	—	—	73.1	38.2
Reference items
	155	139	129	119
	30.5%	30.9%	31.6%	31.0%
	173	116	124	81.9
	238	47.8	83.0	—
	₹27.58	₹18.53	₹19.74	₹13.06
	0.42×	0.99×	1.34×	1.07×
	37.3	31.5	26.7	20.5
	4.2	4.2	8.1	11.2

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

TAJGVK₹309.10

Taj GVK Hotels & Resorts Limited

· Consumer Services

₹ CrorePeersBRIGHOTEL ORIENTHOT EIHAHOTELS ASIANHOTNR MHRIL JUNIPER ROHLTD ADVENTHTLMcap ₹1,938 Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	14.6	14.0	13.2	14.7
+ Impairment Loss / (Reversal)	0.0	1.0	0.0	0.2
+ Finance Costs	0.0	0.0	8.9	4.9
+ Interest Income	0.0	0.0	0.0	6.9
+ Fair Value (Gains) / Losses	0.0	0.0	0.0	2.3
+ Undistributed Profits of Associates	-13.5	-18.3	-22.3	0.0
+ Other Non-cash Items	0.2	0.1	4.2	-282.6
+ Other — Cash Effects are Investing / Financing	0.0	0.0	0.0	-5.4
Changes in Working Capital
+ Inventories	-0.6	0.7	-1.0	-1.8
+ Trade Receivables — Current	-15.2	3.9	0.6	-24.6
+ Other Financial Assets — Current	0.0	0.0	0.0	41.4
+ Other Financial Assets — Non-current	-35.9	7.8	-9.5	-2.5
+ Other Current Assets	0.0	0.0	0.0	-4.7
+ Other Non-current Assets	-2.1	3.6	-4.3	1.4
+ Trade Payables — Current	19.1	0.8	17.5	-18.7
+ Trade Payables — Non-current	0.9	-0.9	-0.5	0.0
+ Other Financial Liabilities — Current	4.3	2.4	0.0	20.2
+ Other Financial Liabilities — Non-current	1.8	1.1	0.0	8.5
+ Other Current Liabilities	0.0	0.0	0.2	2.1
+ Other Non-current Liabilities	0.0	0.0	-0.0	0.0
+ Provisions — Current	1.5	0.0	-3.4	21.5
Cash from Operating Activities
Profit Before Tax (per I/S)	117.7	105.1	128.6	426.5
+ Total Adjustments (incl. Working Capital)	-16.0	26.8	16.1	-216.3
Cash from Operations (pre-tax)	101.7	131.9	144.7	210.3
+ Interest Received — Operating	-1.4	-2.1	-6.7	0.0
+ Interest Paid — Operating	-15.4	-12.9	0.0	0.0
+ Other Inflows / (Outflows) — Operating	4.6	7.7	9.6	0.0
+ Income Taxes Paid	20.5	26.7	31.5	37.3
Cash from Operating Activities	99.9	123.8	116.2	172.9
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	18.0	0.0	0.0	0.0
+ Disp of Fixed Assets	0.0	1.0	0.0	0.0
+ Acq of Investment Property	0.0	38.9	40.7	203.6
+ Interest Received — Investing	1.4	1.1	5.8	10.5
+ Other Inflows / (Outflows) — Investing	0.0	0.0	16.0	18.8
Cash from Investing Activities	-16.6	-36.8	-18.8	-174.3
Cash from Financing Activities
+ Repayment of Borrowings	70.5	33.2	66.5	-6.4
+ Payment of Lease Liabilities	0.0	0.0	4.3	6.9
+ Payment of Finance Lease Liabilities	-0.3	0.0	—	—
+ Interest Paid	11.2	8.1	4.2	4.2
+ Dividends Paid	0.0	6.3	9.4	12.5
+ Income Taxes (Paid) / Refund — Financing	4.3	4.3	0.0	0.0
+ Other Inflows / (Outflows) — Financing	6.5	0.0	0.1	0.2
Cash from Financing Activities	-79.1	-51.9	-84.3	-17.0
Net Changes in Cash (pre-FX)	4.2	35.0	13.1	-18.4
Net Changes in Cash	4.2	35.0	13.1	-18.4
Closing Cash	38.2	73.1	—	—
Reference Items
EBITDA	119.0	129.0	139.0	155.0
EBITDA Margin %	31.01	31.63	30.91	30.48
Free Cash Flow (CFO − Capex)	81.9	123.8	116.2	172.9
Free Cash Flow to Equity	—	83.0	47.8	237.5
Free Cash Flow per Basic Share	13.06	19.74	18.53	27.58
Cash Flow to Net Income	1.07	1.34	0.99	0.42
Cash Paid for Taxes	20.5	26.7	31.5	37.3
Cash Paid for Interest	11.2	8.1	4.2	4.2

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.