LGT Global Hospitality opens Nagercoil branch on June 24

1 min read     Updated on 25 Jun 2026, 01:41 PM
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LGT Global Hospitality Limited opened a new branch in Nagercoil, Tamil Nadu on June 24, 2026, to serve the Kanyakumari region. The branch offers services including holiday packages, corporate travel management, and visa processing. This expansion adds to the company's existing presence in Coimbatore, Pune, and Vijayawada.

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LGT Global Hospitality Limited has expanded its operational footprint with the opening of a new branch in Nagercoil, Tamil Nadu. The branch, located at 30-A, Cave Street, Duthie School Road, near WCC College, Nagercoil – 629001, commenced operations on June 24, 2026. This strategic move aims to strengthen the company's presence in the Kanyakumari region and provide integrated travel and hospitality services to a broader customer base.

The new facility is part of the company's broader regional expansion strategy, adding to its existing network in cities including Coimbatore, Pune, and Vijayawada. By establishing a presence in Nagercoil, lgt business connextions intends to cater to the growing demand for organized travel services in the southern districts of Tamil Nadu.

Services Offered

The Nagercoil branch will provide a comprehensive suite of travel and tourism solutions designed for both corporate and individual clients. The service portfolio includes:

Service Category Description
Holiday Packages Customized Domestic & International Holiday Packages
Hospitality Hotel Bookings & Hospitality Solutions
Corporate Travel Corporate Travel Management & MICE Services
Documentation Ticketing & Visa Processing Services
Specialized Tourism Religious & Spiritual Tourism Packages

Management Commentary

Mr. Wilfred Selvaraj, Managing Director of LGT Global Hospitality Limited, emphasized the strategic importance of this expansion. He stated that the opening of the Nagercoil branch is part of the company's ongoing effort to strengthen its presence across regional markets in Tamil Nadu. The branch will enable the company to serve customers in the Kanyakumari region through its integrated travel and hospitality offerings, aligning with its objective of expanding access to organized travel services across India.

About LGT Global Hospitality Limited

LGT Global Hospitality Limited (formerly LGT Business Connexions Limited) provides integrated travel and tourism solutions. The company offers services including MICE (Meetings, Incentives, Conferences and Exhibitions), hotel bookings, cruise bookings, ticketing, visa processing, inbound and outbound travel solutions, religious tourism packages, and customized domestic and international travel experiences. The company is listed on the BSE SME platform with the scrip code 544489.

Historical Stock Returns for LGT Business Connextions

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+2.23%-17.86%-48.13%-47.14%-47.14%

What are the projected revenue contributions from the Nagercoil branch for the current fiscal year?

Does LGT Global Hospitality plan to open additional branches in other southern districts of Tamil Nadu in the near future?

How will the company differentiate its services in Nagercoil from local competitors in the travel and hospitality sector?

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LGT Global FY26 revenue rises 34.9%, declares dividend of ₹0.25

1 min read     Updated on 29 May 2026, 08:04 PM
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LGT Global Hospitality Limited reported a 34.9% year-on-year increase in revenue from operations to ₹13,544.70 lakh for FY26, driven by growth in corporate travel, MICE, and hospitality segments. Profit After Tax stood at ₹459.13 lakh with a margin of 3.4%, while consolidated revenue reached ₹13,699.21 lakh. The Board recommended a dividend of ₹0.25 per equity share, subject to shareholder approval.

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LGT Global Hospitality Limited reported a 34.9% year-on-year increase in revenue from operations to ₹13,544.70 lakh for the financial year ended March 31, 2026. The company's growth was driven by strong momentum across corporate travel, MICE, and hospitality segments, supported by strategic collaborations and acquisitions including Yaja, Travflix, and Holiday One. Profit After Tax for the period stood at ₹459.13 lakh, with a PAT margin of 3.4%, while EBITDA was recorded at ₹834.48 lakh. The Board of Directors has recommended a dividend of ₹0.25 per equity share for the financial year ended March 31, 2026, subject to shareholder approval.

Financial Highlights

The company's standalone financial results for FY26 show a significant rise in top-line performance despite a contraction in profit margins compared to the previous year. The consolidated revenue for FY 2025-26 was reported at ₹13,699.21 lakh, with a consolidated PAT of ₹463.03 lakh.

Particulars (₹ in Lakhs) FY 2024-2025 FY 2025-2026 Consolidated FY 2025-26
Revenue from Operations 10,042.91 13,544.70 13,699.21
EBITDA 844.76 834.48 839.84
Profit Before Tax 699.19 625.48 629.52
Profit After Tax 521.59 459.13 463.03
PAT Margin 5.2% 3.4% 3.4%
Earnings Per Share 7.44 5.46 5.48

Strategic Growth and Expansion

LGT Global Hospitality Limited expanded its operational footprint during the year, strengthening its presence in key regional markets such as Nagercoil, Coimbatore, Pune, and Vijayawada. The company identified Ahmedabad as the next strategic expansion destination within India. Additionally, it is expanding its international footprint with a focus on Dubai and Malaysia to enhance outbound travel offerings and global customer engagement capabilities.

The company's growth strategy included enhancing service portfolios across corporate travel management, MICE, hotel bookings, cruise & leisure travel, and religious & spiritual tourism solutions. Operational efficiencies and enhanced vendor partnerships contributed to scalable growth and execution capabilities.

Management Commentary

Mr. Wilfred Selvaraj, Managing Director, LGT Global Hospitality Limited, stated that the momentum across travel, hospitality, and tourism segments is driven by increasing consumer demand and rising experiential travel preferences. He emphasized that the strategic focus remains on building an integrated travel ecosystem through collaborations, acquisitions, and market expansion. The additions of Yaja, Travflix, and Holiday One were highlighted as important steps toward strengthening customer reach and digital engagement.

Historical Stock Returns for LGT Business Connextions

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+2.23%-17.86%-48.13%-47.14%-47.14%

What specific measures does LGT Global Hospitality plan to implement to reverse the contraction in PAT margins from 5.2% to 3.4%?

How will the capital allocation for the upcoming expansions into Ahmedabad, Dubai, and Malaysia impact the company's leverage and free cash flow in the near term?

What synergies and revenue contributions are expected from the recent acquisitions of Yaja, Travflix, and Holiday One in the next fiscal year?

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