ALFA Finder
The call ran from 2:31 PM to 3:36 PM IST (1 h 5 min).
Key takeaways
Q2 consolidated sales rose 19.5% to ₹430 Cr, but reported PAT (+50.5%) includes a ₹46.8 Cr provision write-back. Underlying PAT grew only 2.7%, with traffic down 4.8%.
| Revenue growth | Consolidated sales +19.5% Q2; LFL +6.6%, balance from new units. |
|---|---|
| Margins | EBITA margin 37.1% vs 37-38% last year; mild contraction. |
| Demand visibility | Q2 traffic down 4.8%; H2 recovery gradual, winter schedules supportive. |
| Management confidence | Balanced: 'cautiously optimistic', measured on pace of recovery. |
Growth
Sales +19.5% Q2, but LFL only 6.6%; the rest comes from 70+ new units and 11% net contract gains.
Outlook
Expects 50 more outlets over the next 3-4 quarters; ₹1,030 Cr cash, debt-free. No numeric growth guidance given.
Risks
Traffic down 4.8% in Q2; underlying PAT +2.7% only; ramp-up costs and finance lease interest rising.
Last quarter's promises, checked
Delivered
- Guided Bhogapuram opening 17-Aug → started (= BEAT)
- Guided LFL 5-7pp above traffic → LFL 6.6% vs traffic -4.8% (= BEAT)
Partly delivered
- Guided 50 outlets live 'large part this FY27' → 50 more over 3-4 qtrs (= PARTIAL)
- Guided H2 traffic 'good bounce back' → 'gradual' recovery (= PARTIAL)
Missed
- Guided Q2 traffic similar to Q1 (flat) → -4.8% (= MISS)
- Guided net contract gains ~16% ballpark → 11%, basis unstated (= MISS)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Travel Food Services Q2 FY27 Results: Net Profit ₹147.3 Cr, Up 50.5% YoY
Travel Food Services Ltd reported revenue from operations of ₹425.3 Cr (+19.5% YoY) and net profit of ₹147.3 Cr (+50.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹147.3 Cr · +50.5% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
50 outlets under development; significant revenue uplift expected over next 12-18 months as units mature.
Growth they described
System-wide sales grew 18% YoY, driven by 87 new travel QSR outlets and lounge ramp-ups.
Call details
| Company | Travel Food Services Ltd |
|---|---|
| NSE symbol | TRAVELFOOD |
| ISIN | INE103V01028 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 13 November 2026 |
| Time | 2:30 PM IST |
| Length | 1 h 5 min |
| Audio | Our stream on YouTube ↗ |
Travel Food Services Ltd: key numbers
- Share price
- ₹1,189.70
- Market cap
- ₹15,670 Cr
- Revenue (annual)
- ₹1,648 Cr
- Net profit (annual)
- ₹441.0 Cr
- P/E (TTM)
- 29.8×Sector 47.8×
- Promoter holding
- 86.17%-0.02% QoQ
- FII holding
- 1.51%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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