| Revenue growth | Revenue from ops -6% YoY; H1 -10% |
|---|---|
| Margins | Consolidated EBIT margin 5.4%, up 27 bps YoY |
| Demand visibility | Q3 India leisure forward bookings +30% YoY |
| Management confidence | CEO optimistic on India leisure momentum |
Growth
Revenue from operations down 6% YoY; H1 FY27 down 10%. Financial Services revenue up 21%, Leisure Hospitality up 21%, Travel down 7%.
Outlook
Q3 India leisure forward bookings +30% YoY. Resorts to rise from 83 to 99 by FY27. Sterling demerger into SHRL targeted for completion by Q1 FY28.
Risks
West Asia conflict hit Middle East DMS (-67%). China visa rejections, weak US inbound, and DEI revenue down 25% weighed on results.
Last quarter's promises, checked
Delivered
- Sterling cash >₹3.7bn, debt-free → Q2 cash ₹3,808mn, zero debt (= BEAT)
Partly delivered
- H2 better than H1 if stable → Q2 revenue -6% vs H1 -10% (= PARTIAL)
- Middle East recovery 30-35% (July) → Q2 Middle East DMS -67%, ≈33% of prior year (= PARTIAL)
- DEI cost savings visible in Q2 → DEI revenue -25% YoY, cost benefit not disclosed (= PARTIAL)
Missed
- Double-digit FY27 earnings growth (earlier call, not reaffirmed on Q1 call) → H1 PAT -19% (= MISS)
Investor Presentation filed with NSE, NSE: THOMASCOOK. Summary written with AI assistance from the document.
Thomas Cook (India) Ltd: key numbers
- Share price
- ₹90.09
- Market cap
- ₹4,238 Cr
- Revenue (annual)
- ₹8,398 Cr
- Net profit (annual)
- ₹218.8 Cr
- P/E (TTM)
- 20.8×Sector 35.2×
- Promoter holding
- 64.77%+0.00% QoQ
- FII holding
- 5.80%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Thomas Cook (India) Ltd
All →Thomas Cook (India) Results Update
Thomas Cook (India) reported Q2 FY27 PBT of Rs 848 Mn, flat year-on-year. Financial Services revenue rose 21%, while India leisure forward bookings are up 30%.
Thomas Cook (India) Q2 FY27 Results: Net Profit ₹53.7 Cr, Down 24.2% YoY
Thomas Cook (India) Ltd reported revenue from operations of ₹1,944 Cr (-6.2% YoY) and net profit of ₹53.7 Cr (-24.2% YoY) for Q2 FY27.
- Key figure
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Thomas Cook (India) Business Update
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Thomas Cook (India) Credit Rating
CRISIL reaffirmed Thomas Cook India's long-term rating at AA/Stable and short-term at A1+, covering Rs.433 Crore of bank facilities. The corporate credit rating was withdrawn at the company's request.
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- hotel rooms
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Thomas Cook (India) Other Announcement
Thomas Cook (India) Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, pursuant to SEBI Regulation 31(1)(b).