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Earnings Call

Thomas Cook (India) Earnings Call: Key Takeaways

Thomas Cook (India) Group reported FY26 consolidated income of ₹85,578 million (up 3%) and EBT of ₹3,268 million, navigating significant geopolitical disruptions in the Middle East.

Why this was an Alfa AlertNot a filter event. Financials were impacted by external headwinds and did not represent a guidance beat.
Highlights
Revenue growth3% growth for FY26; Q4 declined 10% YoY.
MarginsSterling EBITDA margin at 31%; Forex EBIT margin 46%.
Order bookForward bookings show preference for short-haul over long-haul.
Demand visibilitySubdued long-haul; strong demand for short-haul and spiritual tourism.
Management confidenceCautiously optimistic for FY27; positive outlook for Q1.

Growth

FY26 revenue up 3%; Q4 revenue ₹17,707M down 10% YoY. Sterling Resorts Q4 revenue grew 14%.

Outlook

Demerger of Sterling Resorts expected by Q1 FY28. Targeting 95 resorts and 4,500 rooms by 2027.

Risks

Geopolitical conflicts (Israel-Iran-US), airspace disruptions, elevated fuel costs, and currency volatility impacting long-haul travel.

Source

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

Read the document ↗

Thomas Cook (India) Ltd: key numbers

Share price
₹103.47
Market cap
₹4,868 Cr
Revenue (annual)
₹8,398 Cr
Net profit (annual)
₹218.8 Cr
P/E (TTM)
22.3×Sector 37.2×
Promoter holding
64.77%+0.94% QoQ
FII holding
6.18%Current quarter

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

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