| Revenue growth | 15% YoY organic growth in constant currency terms. |
|---|---|
| Margins | EBITDA to GTV at 1.3%; GP to EBITDA conversion improving. |
| Demand visibility | Fluid in Middle East; strong momentum in Europe and North America. |
| Management confidence | High on long-term resilience and market share gains during crises. |
Growth
Organic business grew 15% YoY in constant currency; Europe revenue up 24% YoY; Middle East remained flat.
Outlook
Full integration of Classic Vacations expected by CY2026; targeting continued YoY and QoQ growth in Q2 FY27.
Risks
Fluid geopolitical situation in Middle East; currency volatility impacting reported INR numbers; heavy reliance on Middle East carriers.
Last quarter's promises, checked
Delivered
- Q1 better than Q4 and YoY → GTV/GP up YoY & QoQ (= BEAT)
- SG&A growth to taper/lag GTV growth → SG&A 4% vs 15% GTV (= BEAT)
- EBITDA to GTV ratio to move up → 1.3% vs 1.0% historical (= BEAT)
Partly delivered
- Classic Vacations integration by Q3/CY end → In progress/rollout phase (= PARTIAL)
Investor Presentation filed with NSE, NSE: TBOTEK. Summary written with AI assistance from the document.
TBO Tek Ltd: key numbers
- Share price
- ₹1,576.80
- Market cap
- ₹17,122 Cr
- Revenue (annual)
- ₹2,677 Cr
- Net profit (annual)
- ₹244.3 Cr
- P/E (TTM)
- 62.7×Sector 35.3×
- Promoter holding
- 44.41%+0.00% QoQ
- FII holding
- 22.52%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from TBO Tek Ltd
All →TBO Tek Other Announcement
TBO Tek Limited announced that its Registrar and Share Transfer Agent, KFin Technologies Limited, is shifting its corporate office to a new location in Hyderabad effective December 01, 2026.
TBO Tek Earnings Call Transcript: Key Takeaways
Q2 FY27: GTV +16%, registered habitat +27%, organic international +28%. Management concedes October demand pressure and a tough Q3, and gives no numeric guidance.
TBO Tek Results Update
TBO Tek reported strong Q2 FY27 results, with revenue up 53% year on year and adjusted EBITDA up 47%. Gross travel value rose 31% year on year.
TBO Tek Business Update
TBO Tek's shareholder letter reports organic gross profit up 21% YoY and Adj. EBITDA up 36% for Q2 FY27. Monthly transacting buyers rose 17.4% to a record 14,449.
TBO Tek Q2 FY27 Results: Net Profit ₹76 Cr, Up 12.6% YoY
TBO Tek Ltd reported revenue from operations of ₹865.6 Cr (+52.5% YoY) and net profit of ₹76 Cr (+12.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹76 Cr · +12.6% YoY
TBO Tek Board Meeting Date
TBO TEK scheduled a board meeting on 2 Nov 2026 to approve Q1/H1 FY27 results. Trading window remains closed till 4 Nov 2026.