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Prices as of 9 Oct 2026 close · Not investment advice

Thomas Cook (India) Limited

NSE: THOMASCOOKTour, Travel Related Services

Share price

₹96.75

-1.81% close of 9 Oct 2026

Market cap ₹4,547 CrP/E 20.2

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

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

55

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

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

Market cap

₹4,547 Cr

P/E ratio

20.2

P/B ratio

1.8

ROCE

14.9%

ROE

9.2%

Dividend yield

0.5%

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 9 Oct 2026 close52-week high ₹167.3652-week low ₹87.99

Answers

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

How fast it has been growing

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

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

At 20.2× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 68.1×, across 5 companies. It is against its own five-year median of 30.8×, the 8th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.1 times its growth rate, on earnings growth of 222%.

Profit growthPrice per ₹1 profitPer 1% growth
Thomas Cook (India) Limited — this one222%/yr20.2×—
Indian Railway Catering & Tourism12%/yr26.6×₹2.2
TBO Tek Limited19%/yr68.1×₹3.6
BLS International Services Limited49%/yr12.6×₹0.26
Waterways Leisure Tourism Limited—126.2×—
Le Travenues Technology Limited40%/yr76.2×₹1.9

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 5 of 8 on returns, 6 of 7 on growth, 7 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?

No durable advantage shows in the numbers: it earns 14.9% on capital, ahead of 38% 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 ₹2699 crore of cash from the business, spent ₹383 crore on plant and equipment, and returned ₹978 crore to lenders and shareholders. But only about 46 of every 100 rupees of profit it reported over 12 years arrived as cash — the rest is tied up. Its cash comes back more slowly than it used to: it went from being paid 235 days before it paid its own suppliers to paid 87 days before it paid its own suppliers.

Profit reality check

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

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

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

Sterling ran at 37% margin and 77% occupancy while Middle East weakness cut group profit 14%

Announced 3 Aug 2026 · Consolidated · Unaudited

Revenue

₹2,092 Cr

Revenue vs last year

-13.1%

Revenue vs last quarter

+18.1%

Net profit

₹64 Cr

Profit vs last year

-13.9%

Profit vs last quarter

+105.5%

Net margin

3.0%

EPS

₹1.54

Earnings call transcript · 4 Aug 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
₹4,547 Cr
Prev close
₹96.75
52w High
₹169
52w Low
₹86.3
Enterprise value
₹3,720 Cr
Beta
1.3
Price CAGR 1y
-35.0%
Price CAGR 3y
-6.0%
Price CAGR 5y
5.0%
Price CAGR 10y
0.0%

Ratios

Return on assets
2.8%
PEG ratio
0.1
P/E ratio
20.2
P/B ratio
1.8
EV / EBITDA
9.5
Industry P/E
43.3
ROCE
14.9%
ROCE 5y average
9.4%
ROE
9.2%
Debt / Equity
0.2
Interest coverage
4.5
Dividend yield
0.5%
ROE 3y average
11.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹8,398 Cr
Annual profit
₹220 Cr
Operating margin
5.0%
Net profit margin
2.6%
EBITDA margin
5.1%
Sales growth 3y
18.5%
Sales growth 5y
60.2%
Profit growth 3y
222.0%
Profit growth 5y
24.0%
EPS
₹4.7
Sales growth TTM
-4.0%
Profit growth TTM
-12.0%
Dividend payout
11.0%

Quarter P&L

Sales latest quarter
₹2,092 Cr
Profit latest quarter
₹64 Cr
YoY quarterly sales growth
-13.1%
YoY quarterly profit growth
-13.5%
OPM latest quarter
4.5%

Balance Sheet

Book Value
₹54.2
Face Value
₹1.0
Total debt
₹539 Cr
Total cash
₹1,094 Cr
Borrowings
₹539 Cr
Reserves / Equity
53.2

Cash Flow

Operating cash flow
₹643 Cr
Free cash flow
₹566 Cr
FCF yield
10.4%
Net cash flow
₹69 Cr

Shareholding

Promoter holding
64.8%
FII holding
6.2%
DII holding
6.5%
Public holding
21.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
I R C T C451.1526.236,0921.93329.9-0.21,369.518.146.1
TBO Tek1,674.1067.618,1790.0083.447.1925.881.118.3
BLS Internat.216.7512.68,9241.13201.611.2890.525.329.8
Waterways Leisur103.20186.27,4710.0022.8-34.5190.17.864.0
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
Median153.9535.64,6310.0022.8-0.2190.17.818.2

Competes with: BLS International Services Limited, Easy Trip Planners Limited, Indian Railway Catering & Tourism, Le Travenues Technology Limited, TBO Tek 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
Sales1,8991,8431,8931,6642,1062,0042,0611,9692,4082,0742,1461,7712,092
Expenses1,7751,7411,7771,5731,9701,8791,9451,8712,2811,9662,0311,6921,999
Material Cost1,4331,8191,5311,5521,2001,531
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost270292280298301294
Other Expenses167171155181191173
Operating Profit12410311691136125116981271081147893
OPM %6.535.586.155.486.466.215.624.995.255.225.334.434.45
Other Income33284829284318504564113561
Exceptional items (within Other Income)-3.11026-30-1.54-0.20
Interest26232426222426242424242323
Depreciation30313333343537363639414242
Profit before tax10177107611091107188112110604888
Tax %2832167333535283436253628
Net Profit71519158737247667471453164
EPS in Rs1.5511.751.201.601.381.051.371.531.410.890.821.53
Diluted EPS in Rs1.391.551.420.900.831.54

Profit & loss

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

Consolidated · to 31 Mar 2026
Line itemMar 2015 15mMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,2446,0948,76211,2486,6036,8337951,8885,0487,2998,1408,3988,082
Expenses3,0015,9108,42510,8766,5206,7261,1472,0754,8706,8627,6627,9707,688
Material Cost5,9776,102
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost1,0411,171
Other Expenses644697
Operating Profit24318433837283107-352-187178437478428394
OPM %733.903.301.301.60-44-103.506654.90
Other Income41-31846,005168761465562134141156171
Exceptional items (within Other Income)-6.82-5.99
Interest71921321497310162628999959594
Depreciation41619113767151148129124128142160165
Profit before tax17111996,091110-69-416-32227345382330306
Tax %346,39257-119-74-29-2161213233
Net Profit112-59866,13189-18-295-25410271258220211
EPS in Rs3.31-2.131.181612.29-0.02-6.72-5.180.145.515.414.654.65
Diluted EPS in Rs5.464.69
Dividend Payout %15-183201600029111811

Compounded growth

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

Compounded sales growth

10 years
3%
5 years
60%
3 years
18%
TTM
-4%

Compounded profit growth

10 years
7%
5 years
24%
3 years
222%
TTM
-12%

Stock price CAGR

10 years
0%
5 years
5%
3 years
-6%
1 year
-35%

Return on equity

10 years
2%
5 years
5%
3 years
11%
Last year
9%

Balance sheet

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital273737373738384447474747
Reserves1,3021,2111,9508,6348,8561,6271,8911,6511,6662,0102,2132,499
Borrowings3801,0421,404425361762612598539418465539
Other Liabilities1,4172,6093,5753,0003,7533,0662,1942,3213,4043,8894,3034,682
Minority Interest-23-23
Total Liabilities3,1264,8996,96512,09613,0085,4924,7364,6155,6576,3647,0287,768
Fixed Assets1,2001,9032,8431,7232,4032,7072,6282,5802,5762,7702,8093,147
CWIP9753561371261426609310
Investments3401342197,3987,417100130129106134134287
Other Assets1,4892,8103,8472,9623,1802,6731,9711,8922,9483,4003,9924,324
Total Assets3,1264,8996,96512,09613,0085,4924,7364,6155,6576,3647,0287,768

Cash flows

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity131383273-244253120-581-139649829717643
Cash from Investing Activity-607-165-253-458-263-184351-123-179-437-325-384
Cash from Financing Activity565548161477-167-170335-85-230-291-183-189
Net Cash Flow89766181-225-178-234105-34723910121069
Free Cash Flow29113162-40917928-595-201612730609566

Ratios

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

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days735042284625594541322829
Cash Conversion Cycle735042284625594541322829
Working Capital Days-15-61-52-38-66-78-540-235-102-89-63-87
ROCE %17910621-14-115191915

Shareholding pattern

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

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters726464646464646464646465
FIIs0.571.832.293.163.584.384.524.415.327.287.566.18
DIIs8.149.268.649.109.849.488.107.787.336.836.546.53
Government00.060.080.070.080.090.100.120.120.110.100.10
Public182424232221222322212121
Others1.211.111.081.061.03110.980.970.960.940.94
No. of Shareholders77,92882,59593,08095,49198,8421,04,1201,17,2531,17,3831,15,9891,09,8441,09,0611,11,875

Price trend

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

Change over 1 year -36.6% (₹152.72 → ₹96.75)Brick size ₹3.26 (fixed)Bricks 58
₹125₹150₹96.75Nov '25Jan '26Mar '26Jun '26Aug '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹96.75 on 9 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

-827inr_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)

85,93,637inr

2026-03-31

News

News and filings about Thomas Cook (India) Limited. Open one to see why it matters.

Supply chain

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

Competes with

Uses as raw material

  • air ticketing inventory and airline GDS access
  • hotel room inventory / bed-bank suppliers

Buys from

Goods carried by

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
INE332A01027

Business segments

  • (b) Travel and related services · 80%
  • (d) Digiphoto imaging services · 10%
  • (c) Leisure hospitality & resorts business · 6%
  • (a) Financial services · 4%

Plants

  • Sterling Holiday Resorts network · Multiple, Multiple

News impact

Big market events that reach Thomas Cook (India) 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.

Dividends, splits & big trades

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

Dividends

27 Aug 2026unspecified₹0.5
21 Aug 2025unspecified₹0.45
16 Aug 2024unspecified₹0.4
16 Aug 2024special₹0.2
10 Aug 2023unspecified₹0.4
5 Dec 2019demerger₹0
31 Jul 2019unspecified₹0.375
18 Sep 2018unspecified₹0.375

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
9 Jun 2026QE SECURITIES LLPSELL26,08,410₹110.98
9 Jun 2026QE SECURITIES LLPBUY26,01,422₹111.32

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
3 Sep 2026BRIJESH MODI · KMPBUY1,0000.01

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.