ALFA Finder| Revenue growth | Consolidated sales +19.5% Q2; system-wide +18.8%; LFL only +3.5% |
|---|---|
| Margins | EBITDA margin 37.1%, down 86bps; gross margin 85.8% reported, 80.7% ex-reclassification |
| Demand visibility | H2 traffic expected to improve; 70+ outlets ramping |
| Management confidence | Confident; calls headwinds transitory; no numeric guidance |
Growth
Consolidated EBITDA ₹1,579Mn (+16.8%), margin 37.1% (down 86bps). H1 PAT ₹2,761Mn (+43.2%). LFL sales only +3.5%.
Outlook
No numeric guidance. Management expects H2 traffic to improve on easing geopolitics and seasonal demand; 70+ outlets ramping.
Risks
Passenger traffic down 4.8% YoY in Q2; domestic hit harder. Mobilisation costs compressed margins; PAT boosted by one-off write-backs.
Last quarter's promises, checked
Delivered
- Debt-free, cash ~₹9.7bn → debt nil, cash ₹10,309Mn (= BEAT)
- Bhogapuram opening 17 Aug → opened 17 Aug, 6 outlets (= BEAT)
Partly delivered
- EBITDA margin back to normal within ~12 months (Q1 35.8%) → Q2 37.1%, still -86bps YoY (= PARTIAL)
Missed
- LFL ~14–15% even in flat-traffic year → Q2 LFL +3.5% (= MISS)
- Q2 traffic similar to flat Q1 → Q2 passenger traffic -4.8% YoY (= MISS)
- Net contract gains ~16% ballpark → Q2 +11.1%, H1 +13.5% (= MISS)
Investor Presentation filed with NSE, NSE: TRAVELFOOD. Summary written with AI assistance from the document.
Travel Food Services Ltd: key numbers
- Share price
- ₹1,189.70
- Market cap
- ₹15,670 Cr
- Revenue (annual)
- ₹1,648 Cr
- Net profit (annual)
- ₹441.0 Cr
- P/E (TTM)
- 29.8×Sector 47.8×
- Promoter holding
- 86.17%-0.02% QoQ
- FII holding
- 1.51%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Travel Food Services Ltd
All →Travel Food Services Earnings Call Transcript: Key Takeaways
Q2 consolidated sales rose 19.5% to ₹430 Cr, but reported PAT (+50.5%) includes a ₹46.8 Cr provision write-back. Underlying PAT grew only 2.7%, with traffic down 4.8%.
Travel Food Services Q2 FY27 Results: Net Profit ₹147.3 Cr, Up 50.5% YoY
Travel Food Services Ltd reported revenue from operations of ₹425.3 Cr (+19.5% YoY) and net profit of ₹147.3 Cr (+50.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹147.3 Cr · +50.5% YoY
Travel Food Services Board Meeting Date
Travel Food Services will hold a board meeting on 12 November 2026 to approve unaudited quarterly and half-year results. Trading window stays closed until 14 November.
Travel Food Services Management Change
Travel Food Services appointed Avinash Yogeshwar as Senior Managerial Personnel, effective 29 October 2026. It is a senior leadership change with no financial impact.
Travel Food Services Other Announcement
Travel Food Services Ltd has submitted its quarterly shareholding pattern for the quarter ended September 30, 2026. This is a routine periodic regulatory filing.
Travel Food Services Employee Stock Options
Travel Food Services allotted 6,040 fully paid equity shares against stock option exercise under its ESOP Plan. Paid-up capital increased to Rs. 13,17,16,193.