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Investor Presentation

Thomas Cook (India) Investor Presentation: Key Takeaways

Thomas Cook India reported a resilient Q1 FY27 despite West Asia conflict headwinds, with total income of ₹21.5 Bn, down 12% YoY. Management is cautiously optimistic, focusing on technology-driven margins and demerger strategy.

Guidance and delivery
Management target Revenue FY27
Highlights
MarginsFinancial Services at 45.3% EBIT margin; Hospitality at 32.4%
Demand visibilityStrong domestic spiritual travel and corporate demand
Management confidenceCausiously optimistic for remainder of year

Growth

Financial Services and Leisure Hospitality grew 6% and 19% respectively; total EBIT fell 31% YoY to ₹1,180 Mn.

Outlook

Sterling Holiday Resorts demerger targeting completion by Q1 FY28; target 95 resorts and 4,800 rooms by FY27.

Risks

West Asia conflict severely impacted GCC subsidiaries DEI and Desert Adventures; geopolitical volatility remains a key headwind.

Last quarter's promises, checked

Delivered

  • H2 performance stronger than H1 → H2 revenue outperformed H1 by 21% (= BEAT)
  • Improve occupancy from 61% → delivered 64% (= BEAT)
  • Maintain 32%-35% EBITDA range for Sterling → delivered 32.4% (= BEAT)

Partly delivered

  • Demerger timeline 12-15 months → currently on track for Q1 FY28 (= PARTIAL)

Missed

  • DEI recovery to positive → delivered ₹100 Mn EBIT loss (= MISS)
Source

Investor Presentation filed with NSE, NSE: THOMASCOOK. Summary written with AI assistance from the document.

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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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