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Prices as of 8 Oct 2026 close · Not investment advice

TBO Tek Limited

NSE: TBOTEKTour, Travel Related Services

Share price

₹1,666.50

-2.23% close of 8 Oct 2026

Market cap ₹18,332 CrP/E 68.1

Business score

How strong the business is, in one number. The parts behind it are in Pro.

63

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹18,332 Cr

P/E ratio

68.1

P/B ratio

11.7

ROCE

18.3%

ROE

17.4%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹1,745.1052-week low ₹1,018.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 68.9% over the past year, and 37.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 18.4% to 14.0% over the last two years.

Whether it grew faster than its sector

It grew 37.8% a year against a sector median of 13.9% — 23.9 percentage points faster.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 3.6 times its growth rate, on earnings growth of 19%.

Profit growthPrice per ₹1 profitPer 1% growth
TBO Tek Limited — this one19%/yr68.1×₹3.6
Indian Railway Catering & Tourism12%/yr26.1×₹2.2
BLS International Services Limited49%/yr12.5×₹0.25
Waterways Leisure Tourism Limited—128.6×—
Le Travenues Technology Limited40%/yr77.9×₹1.9
Thomas Cook (India) Limited222%/yr20.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Tour, Travel Related Services), it ranks 4 of 8 on returns, 3 of 7 on growth, 4 of 8 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 18.3% on capital, ahead of 50% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹929 crore of cash from the business and spent ₹179 crore on plant and equipment, with ₹750 crore to spare; it still raised ₹891 crore mostly borrowed — borrowings rose from ₹63 crore to ₹756 crore. And the profit is real: of every 100 rupees it reported over 9 years, about 112 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being paid 234 days before it paid its own suppliers to paid 134 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

TBO Tek's June quarter came in ahead of both the March quarter and last year, as management had said it would, with sales up 81% to Rs 926 crore and profit up 32% to Rs 83 crore.

Announced 29 Jul 2026 · Consolidated

Revenue

₹926 Cr

Revenue vs last year

+81.2%

Revenue vs last quarter

+13.7%

Net profit

₹83 Cr

Profit vs last year

+32.3%

Profit vs last quarter

+38.9%

Net margin

9.0%

EPS

₹7.77

Earnings call transcript · 30 Jul 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹18,332 Cr
Prev close
₹1,666.50
52w High
₹1,773
52w Low
₹1,004
Enterprise value
₹17,548 Cr
Beta
1.2
Price CAGR 1y
10.0%
Price CAGR 3y
—
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
2.6%
PEG ratio
3.5
P/E ratio
68.1
P/B ratio
11.7
EV / EBITDA
40.7
Industry P/E
43.9
ROCE
18.3%
ROCE 5y average
31.8%
ROE
17.4%
Debt / Equity
0.5
Interest coverage
6.6
Dividend yield
0.0%
ROE 3y average
24.0%
ROE last year
17.0%

Annual P&L

Annual revenue
₹2,677 Cr
Annual profit
₹244 Cr
Operating margin
14.0%
Net profit margin
9.1%
EBITDA margin
14.1%
Sales growth 3y
36.0%
Sales growth 5y
79.9%
Profit growth 3y
19.0%
Profit growth 5y
90.0%
EPS
₹22.5
Sales growth TTM
69.0%
Profit growth TTM
25.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹926 Cr
Profit latest quarter
₹83 Cr
YoY quarterly sales growth
81.1%
YoY quarterly profit growth
31.7%
OPM latest quarter
14.9%

Balance Sheet

Book Value
₹141
Face Value
₹1.0
Total debt
₹756 Cr
Total cash
₹1,278 Cr
Borrowings
₹756 Cr
Reserves / Equity
140.0

Cash Flow

Operating cash flow
-₹21 Cr
Free cash flow
-₹87 Cr
FCF yield
-0.8%
Net cash flow
₹60 Cr

Shareholding

Promoter holding
44.4%
FII holding
28.9%
DII holding
21.1%
Public holding
4.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
I R C T C451.7026.336,1361.93329.9-0.21,369.518.146.1
TBO Tek1,676.8567.718,2090.0083.447.1925.881.118.3
BLS Internat.216.7512.68,9241.13201.611.2890.525.329.8
Waterways Leisur103.70187.17,5070.0022.8-34.5190.17.864.0
Le Travenues153.9577.56,7910.0034.270.3356.812.96.8
Thomas Cook (I)98.4520.64,6310.5063.7-0.02,091.9-13.114.9
Easy Trip Plann.5.792,3070.00-11.7-964.4134.718.40.6
Median153.9535.84,6310.0022.8-0.2190.17.818.2

Competes with: BLS International Services Limited, Easy Trip Planners Limited, Indian Railway Catering & Tourism, Le Travenues Technology Limited, Thomas Cook (India) Limited, Waterways Leisure Tourism Limited, Yatra Online Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales345352327369418451422446511568784814926
Expenses278283271304340375367381437479684709788
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost99103108165170179
Other Expenses282334372519539608
Operating Profit67705666797555657488100105138
OPM %19201718191713151416131315
Other Income-4112715152025201571313
Exceptional items (within Other Income)8.997.740-5.3200
Interest2234666559151515
Depreciation67815121313141416263033
Profit before tax546257537671577175786674103
Tax %13101113191612171614191819
Net Profit47565146616050596368546083
EPS in Rs4.595.414.934.475.615.534.605.435.806.224.945.537.68
Diluted EPS in Rs5.475.856.274.995.597.74

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3434415711424831,0651,3931,7372,6773,092
Expenses2923954841634518761,1321,4532,2992,660
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost376546
Other Expenses1,0861,762
Operating Profit514687-2132189261285378432
OPM %151015-1571819161414
Other Income9-1185372421755448
Exceptional items (within Other Income)132.42
Interest565271419335253
Depreciation1512111625365286106
Profit before tax533488-3046174227275293321
Tax %332317162715121617
Net Profit362673-3434148201230244265
EPS in Rs188139385-1803.231419212324
Diluted EPS in Rs2123
Dividend Payout %-0-0-0-0-0-0-0-0-0

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
80%
3 years
36%
TTM
69%

Compounded profit growth

10 years
—
5 years
90%
3 years
19%
TTM
25%

Stock price CAGR

10 years
—
5 years
—
3 years
—
1 year
10%

Return on equity

10 years
—
5 years
26%
3 years
24%
Last year
17%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital22221010101111
Reserves1301592382022213305341,1841,540
Borrowings-0211786371210214756
Other Liabilities4626445363649762,1474,1004,7976,996
Minority Interest00
Total Liabilities5948267935761,2712,5584,8556,2069,303
Fixed Assets2443523921363493451,619
CWIP-0-0490-0143914
Investments0000002173263
Other Assets5927827555451,1792,4224,4905,6497,407
Total Assets5948267935761,2712,5584,8556,2149,309

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity693-351198237226289-21
Cash from Investing Activity7-39-6-28-27-85-154-443-361
Cash from Financing Activity-5-5-8-5-16-14115365441
Net Cash Flow849-181715613818821060
Free Cash Flow575-1243184230188236-88

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days311314194309401537867853724
Cash Conversion Cycle311314194309401537867853724
Working Capital Days-81-129-36-391-234-137-114-104-134
ROCE %294211853432718

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters444444444444444444
FIIs434338323031313029
DIIs6.616.5912181919192021
Public3.983.723.603.994.273.963.833.874.02
Others2.222.222.172.112.031.991.891.661.53
No. of Shareholders32,69631,52332,90033,57236,58836,26238,10937,62537,774

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +8.7% (₹1,533.00 → ₹1,666.50)Brick size ₹61.46 (fixed)Bricks 27
₹1,200₹1,400₹1,600₹1,667Nov '25Feb '26Apr '26Jun '26
Price moved up one brickPrice moved down one brickLast close ₹1,666.50 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-783inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

38,63,845inr

2026-03-31

News

News and filings about TBO Tek Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Tour, Travel Related Services
Classification
Consumer Services › Tour, Travel Related Services
ISIN
INE673O01025

Business segments

  • Hotels and Packages · 84%
  • Air Ticketing · 12%
  • Others · 4%

News impact

Big market events that reach TBO Tek Limited, and how the effect spreads.

Who it hits first

  • Easy Trip Planners, which runs EaseMyTrip travel bookings, faces trouble as co-founder Nishant Pitti is chargesheeted in the Mahadev betting case.
  • The ED has provisionally frozen Rs 59.6 crore of shares in his demat account under anti-money-laundering law (PMLA).
  • The freeze creates investor worry about the founder and an overhang on EaseMyTrip shares, not a halt to bookings.

Who may gain

  • Rival online travel sites like Yatra and Ixigo could pick up flight and hotel bookings from wary EaseMyTrip users.
  • Thomas Cook, TBO Tek and other travel peers may see small share gains on sentiment.
  • EaseMyTrip shareholders lose as promoter overhang and the Rs 59.6 crore freeze weigh on the shares.

Along the supply chain

Downstream

No direct downstream link — EaseMyTrip lists no customers in this pack, and travelers shifting to rivals is a demand move, not a supply chain.

Upstream

No direct upstream link — EaseMyTrip lists no suppliers in this pack, and a promoter share freeze does not change airline or hotel supply.

Where demand moves

Business

Some travelers may shift flight and hotel bookings from EaseMyTrip to rivals like Yatra, Ixigo and Thomas Cook, a small business-demand move.

Capital

Investors are likely to avoid EaseMyTrip on governance worry and rotate spare travel exposure toward steadier peers.

How it spreads across sectors

Consumer Services

Online travel peers see only a small sentiment lift from possible booking shifts, with no broad impact on hotels, food or retail in Consumer Services.

When it plays out

Immediate

EaseMyTrip shares face selling on the chargesheet and freeze news; rivals see light sympathy bids.

Medium term

If the case drags or widens, EaseMyTrip discount persists; if ring-fenced to the founder, shares stabilize.

Short term

Court and ED next steps and any company distancing statement set whether the overhang grows or fades.

Who it hits first

  • EaseMyTrip faces ~10% pledge-supply overhang plus forced-sale risk on any margin call.
  • Small travel peers (Yatra, Ixigo, TBO) derate on sentiment contagion despite clean holdings.
  • Consumer-services small-caps broadly soften as promoter-finance headlines spook the tape.

Who may gain

  • Zero-pledge travel peers (Ixigo, Yatra, TBO) may attract rotation once the dust settles.

Along the supply chain

Downstream

Travelers and agents see zero impact; bookings, refunds and service run normally.

Upstream

No direct supply-chain link — a promoter-financing event, not an operations event.

Where demand moves

Business

No business-demand impact — travel bookings do not change on promoter financing; this is purely a share-supply event.

Capital

Money exits EaseMyTrip on overhang fears; trims small travel broadly; rotates to clean-holding peers on dips.

How it spreads across sectors

Consumer Services

Online-travel sub-segment derates on pledge contagion; wider consumer-services mood softens.

When it plays out

Immediate

EaseMyTrip down 3-6% on overhang; travel peers dip 1-3% on association.

Medium term

Pledge stays an overhang until released; company must grow into a derated multiple.

Short term

Shareholding filings confirm the final pledged tally; any release filing reverses part of the fall.

13 Sept, 04:28 IST · Market event · low impact

China Southern resumes India flights after six-year gap

China's biggest airline restarts Delhi flights after six years, a small positive for travel agents and hotels and mild competition for IndiGo.

ServicesConsumer Services

Who it hits first

  • TBO Tek, Yatra, EaseMyTrip: reopened China route adds bookable international inventory
  • Indian Hotels: inbound Chinese tourists support occupancy recovery
  • IndiGo: market growth offset by direct China Southern competition

Who may gain

  • Travel distributors and hotels on inbound recovery; airports on international footfall

Along the supply chain

Downstream

Travelers gain direct options; hotels and tour operators package inbound demand.

Upstream

Airlines and consolidators add China inventory to distribution pipes.

Where demand moves

Business

China-India seat supply returns, letting agents and hotels sell a market shut for six years.

Capital

Small-cap travel names get sentiment bid; no institutional rotation on one route.

How it spreads across sectors

Consumer Services

travel and hotels small positive

Services

aviation competition mildly negative for IndiGo

When it plays out

Immediate

Travel names edge up 1-2% on sentiment

Medium term

Visa thaw pace decides whether this becomes a real inbound cycle

Short term

Sep 21 inaugural loads show demand reality

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 4 rows from NSE's archive (replace 1, delete 1, insert 2), 2024-05-18..2026-02-01 (docs/flat_day_repair.md)1× · 18 May 2024

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.