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Earnings Call

TBO Tek Earnings Call: Key Takeaways

TBO Tek Q4 & FY26 transcript highlights growth despite geopolitical tensions in the Middle East and Israel. Management focused on luxury travel and integration of Classic Vacations.

Highlights
Revenue growthGuidance suggests YoY and QoQ growth for Q1.
MarginsAnticipating expansion as SG&A growth tapers relative to GTV.
Demand visibilityStrong recovery in non-impacted markets; Middle East catching up.
Management confidenceCautiously optimistic pending geopolitical normalcy.

Growth

Reported YoY growth in revenue and profit despite a 'washout' March due to war; Jan-Feb saw high-20% GP growth.

Outlook

Expect Q1 FY27 to beat Q4 FY26; Classic Vacations integration by Q3 2026; long-term growth aspiration >20%.

Risks

Geopolitical instability in key markets like Israel and Middle East; currency volatility in LATAM (Brazil).

Last quarter's promises, checked

Delivered

  • Guided SG&A growth to taper in Q4 → delivered expansion as SG&A growth slowed (= BEAT)
  • Guided Q4 top line growth > Q3 due to seasonality → delivered QoQ growth (= BEAT)
  • Guided air GTV momentum to continue in Q4 → delivered double-digit growth (= BEAT)

Partly delivered

  • Guided Classic Vacations integration to show early cross-sell → delivered TBO-to-CV only (= PARTIAL)
Source

Earnings Call filed with NSE, NSE: TBOTEK. Summary written with AI assistance from the document.

Read the document ↗

TBO Tek Ltd: key numbers

Share price
₹1,696.90
Market cap
₹18,426 Cr
Revenue (annual)
₹2,677 Cr
Net profit (annual)
₹244.3 Cr
P/E (TTM)
69.6×Sector 37.2×
Promoter holding
44.41%+0.00% QoQ
FII holding
28.93%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:07 IST BSE
Financial Results

TBO Tek Q1 FY27 Results: Net Profit ₹83.4 Cr, Up 32.4% YoY

TBO Tek Ltd reported revenue from operations of ₹925.8 Cr (+81.1% YoY) and net profit of ₹83.4 Cr (+32.4% YoY) for Q1 FY27.

Key figure
Net profit ₹83.4 Cr · +32.4% YoY
00:15 IST NSE
Earnings Call

TBO Tek Earnings Call: Key Takeaways

TBO Tek Q4 FY26 Investor Presentation highlights global expansion into premium outbound travel and strong top-line growth driven by recent acquisitions like Classic Vacations.