Travel Food Services Limited
NSE: TRAVELFOODRestaurants
Share price
₹1,186.20
-0.29% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
62
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹15,421 Cr
P/E ratio
32.3
P/B ratio
10.8
ROCE
42.4%
ROE
35.3%
Dividend yield
0.9%
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.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 1.5% a year against a sector median of 13.9% — 12.4 percentage points slower.
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 1.4 times its growth rate, on earnings growth of 23%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Travel Food Services Limited — this one | 23%/yr | 32.3× | ₹1.4 |
| Jubilant Foodworks Limited | 8%/yr | 74.1× | ₹9.3 |
| Devyani International Limited | — | — | — |
| WESTLIFE FOODWORLD LIMITED | -64%/yr | — | — |
| Restaurant Brands Asia Limited | 5%/yr | — | — |
| Sapphire Foods India Limited | — | — | — |
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 (Restaurants), it ranks 1 of 9 on returns, 8 of 9 on growth, 1 of 9 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 wide advantage: it earns 42.4% on capital, ahead of 89% 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 ₹1628 crore of cash from the business, spent ₹238 crore on plant and equipment, and returned ₹829 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 8 years, about 122 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 100 days before it paid its own suppliers to paid 44 days before it paid its own suppliers.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 9 checks clear · 100%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 13 Aug 2026 · Consolidated · Unaudited
Revenue
₹452 Cr
Revenue vs last year
+20.6%
Revenue vs last quarter
-1.9%
Net profit
₹129 Cr
Profit vs last year
+35.5%
Profit vs last quarter
+4.7%
Net margin
28.5%
EPS
₹9.62
Earnings call transcript · 14 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
- ₹15,421 Cr
- Prev close
- ₹1,186.20
- 52w High
- ₹1,471
- 52w Low
- ₹1,035
- Enterprise value
- ₹14,830 Cr
- Beta
- 0.5
- Price CAGR 1y
- -14.0%
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 19.8%
- PEG ratio
- 1.4
- P/E ratio
- 32.3
- P/B ratio
- 10.8
- EV / EBITDA
- 22.3
- Industry P/E
- 53.4
- ROCE
- 42.4%
- ROCE 5y average
- 34.0%
- ROE
- 35.3%
- Debt / Equity
- 0.2
- Interest coverage
- 10.3
- Dividend yield
- 0.9%
- ROE 3y average
- 36.0%
- ROE last year
- 35.0%
Annual P&L
- Annual revenue
- ₹1,648 Cr
- Annual profit
- ₹452 Cr
- Operating margin
- 39.0%
- Net profit margin
- 27.4%
- EBITDA margin
- 39.4%
- Sales growth 3y
- 15.6%
- Sales growth 5y
- 59.0%
- Profit growth 3y
- 23.0%
- Profit growth 5y
- 54.0%
- EPS
- ₹33.5
- Sales growth TTM
- 4.0%
- Profit growth TTM
- 19.0%
- Dividend payout
- 31.0%
Quarter P&L
- Sales latest quarter
- ₹452 Cr
- Profit latest quarter
- ₹129 Cr
- YoY quarterly sales growth
- 20.6%
- YoY quarterly profit growth
- 35.8%
- OPM latest quarter
- 35.8%
Balance Sheet
- Book Value
- ₹111
- Face Value
- ₹1.0
- Total debt
- ₹245 Cr
- Total cash
- ₹59 Cr
- Borrowings
- ₹245 Cr
- Reserves / Equity
- 110.0
Cash Flow
- Operating cash flow
- ₹393 Cr
- Free cash flow
- ₹354 Cr
- FCF yield
- 1.9%
- Net cash flow
- ₹22 Cr
Shareholding
- Promoter holding
- 86.2%
- FII holding
- 1.6%
- DII holding
- 10.0%
- Public holding
- 2.1%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Jubilant Food. | 433.45 | 75.0 | 28,601 | 0.26 | 100.0 | 6.1 | 2,569.7 | 13.7 | 14.8 |
| Travel Food | 1,180.50 | 32.7 | 15,548 | 0.87 | 128.8 | 38.1 | 452.2 | 20.6 | 42.4 |
| Devyani Intl. | 125.10 | 15,424 | 0.00 | 17.1 | 277.6 | 1,580.5 | 16.5 | 4.8 | |
| Westlife Food | 584.00 | 9,107 | 0.13 | 0.6 | -52.0 | 735.6 | 11.9 | 6.3 | |
| Sapphire Foods | 207.70 | 2712.0 | 6,675 | 0.00 | 14.0 | 880.0 | 891.0 | 14.7 | 4.0 |
| Restaurant Brand | 92.73 | 6,603 | 0.00 | -33.0 | 32.4 | 822.6 | 17.9 | -0.5 | |
| United Foodbrands | 662.00 | 2,590 | 0.00 | 2.3 | 118.8 | 425.9 | 43.4 | 1.5 | |
| Median | 178.85 | 75.0 | 4,596 | 0.00 | 5.2 | 97.2 | 439.1 | 17.9 | 6.3 |
Competes with: Coffee Day Enterprises Limited, Devyani International Limited, Jubilant Foodworks Limited, Restaurant Brands Asia Limited, Sapphire Foods India Limited, Speciality Restaurants Limited, United Foodbrands Limited, WESTLIFE FOODWORLD LIMITED
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 410 | 500 | 411 | 367 | 375 | 356 | 456 | 461 | 452 |
| Expenses | 308 | 340 | 253 | 232 | 229 | 221 | 275 | 274 | 290 |
| Material Cost | 56 | 53 | 61 | 49 | 57 | ||||
| Change in Inventories | 0.31 | 0.17 | -0.46 | -0.21 | 0.45 | ||||
| Purchases of Stock-in-Trade | 6.51 | 4.15 | 13 | 9.67 | 7.17 | ||||
| Employee Cost | 68 | 59 | 68 | 61 | 82 | ||||
| Other Expenses | 99 | 104 | 133 | 155 | 144 | ||||
| Operating Profit | 102 | 160 | 158 | 135 | 146 | 135 | 181 | 186 | 162 |
| OPM % | 25 | 32 | 38 | 37 | 39 | 38 | 40 | 40 | 36 |
| Other Income | 31 | 20 | 28 | 43 | 29 | 35 | 44 | 53 | 58 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | ||||
| Interest | 17 | 5 | 14 | 10 | 9 | 8 | 10 | 37 | 8 |
| Depreciation | 29 | 31 | 33 | 33 | 34 | 38 | 39 | 40 | 42 |
| Profit before tax | 86 | 145 | 139 | 134 | 132 | 124 | 177 | 162 | 170 |
| Tax % | 31 | 24 | 26 | 21 | 28 | 21 | 23 | 24 | 24 |
| Net Profit | 60 | 110 | 103 | 107 | 95 | 98 | 137 | 123 | 129 |
| EPS in Rs | 143 | 277 | 7.42 | 7.81 | 6.97 | 7.27 | 10 | 9.17 | 9.62 |
| Diluted EPS in Rs | 6.95 | 7.26 | 10 | 9.15 | 9.60 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 501 | 774 | 162 | 388 | 1,067 | 1,396 | 1,688 | 1,648 | 1,725 |
| Expenses | 398 | 646 | 198 | 363 | 693 | 980 | 1,134 | 999 | 1,060 |
| Material Cost | 218 | ||||||||
| Change in Inventories | -0.18 | ||||||||
| Purchases of Stock-in-Trade | 34 | ||||||||
| Employee Cost | 256 | ||||||||
| Other Expenses | 491 | ||||||||
| Operating Profit | 103 | 128 | -36 | 24 | 374 | 417 | 554 | 649 | 665 |
| OPM % | 21 | 16 | -22 | 6 | 35 | 30 | 33 | 39 | 39 |
| Other Income | 5 | 15 | 20 | 20 | 84 | 133 | 122 | 161 | 190 |
| Exceptional items (within Other Income) | 0 | ||||||||
| Interest | 10 | 2 | 5 | 5 | 48 | 52 | 46 | 64 | 63 |
| Depreciation | 22 | 21 | 22 | 17 | 83 | 111 | 126 | 150 | 158 |
| Profit before tax | 76 | 119 | -43 | 22 | 327 | 387 | 504 | 595 | 633 |
| Tax % | 33 | 29 | 25 | 68 | 23 | 23 | 25 | 24 | |
| Net Profit | 51 | 104 | -60 | 13 | 251 | 298 | 380 | 452 | 486 |
| EPS in Rs | 104 | 269 | -148 | 32 | 630 | 743 | 28 | 33 | 36 |
| Diluted EPS in Rs | 33 | ||||||||
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 50 | 31 | 31 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 13%
- 5 years
- 59%
- 3 years
- 16%
- TTM
- 4%
Compounded profit growth
- 10 years
- 28%
- 5 years
- 54%
- 3 years
- 23%
- TTM
- 19%
Stock price CAGR
- 10 years
- —
- 5 years
- —
- 3 years
- —
- 1 year
- -14%
Return on equity
- 10 years
- —
- 5 years
- 33%
- 3 years
- 36%
- Last year
- 35%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 13 | 13 |
| Reserves | 84 | 513 | 459 | 472 | 652 | 870 | 1,040 | 1,430 |
| Borrowings | 60 | 21 | 26 | 38 | 383 | 416 | 333 | 245 |
| Other Liabilities | 139 | 169 | 147 | 208 | 294 | 407 | 516 | 592 |
| Minority Interest | 21 | |||||||
| Total Liabilities | 286 | 706 | 636 | 722 | 1,332 | 1,696 | 1,903 | 2,280 |
| Fixed Assets | 115 | 75 | 59 | 99 | 353 | 387 | 372 | 289 |
| CWIP | 8 | 0 | 24 | 2 | 6 | 23 | 39 | 28 |
| Investments | 0 | 370 | 304 | 309 | 464 | 594 | 868 | 1,123 |
| Other Assets | 163 | 261 | 249 | 313 | 510 | 693 | 624 | 839 |
| Total Assets | 286 | 706 | 636 | 722 | 1,332 | 1,696 | 1,903 | 2,280 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 70 | 104 | 14 | 45 | 322 | 353 | 515 | 393 |
| Cash from Investing Activity | -55 | -120 | -11 | -55 | -197 | -155 | -215 | -150 |
| Cash from Financing Activity | -1 | 13 | -4 | 11 | -104 | -172 | -343 | -221 |
| Net Cash Flow | 14 | -3 | -1 | 1 | 21 | 26 | -43 | 22 |
| Free Cash Flow | 22 | 78 | -24 | 21 | 285 | 276 | 454 | 354 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 31 | 58 | 44 | 39 | 27 | 23 | 58 |
| Inventory Days | 21 | 13 | 70 | 32 | 18 | 15 | 11 | 18 |
| Days Payable | 111 | 69 | 254 | 131 | 310 | 368 | 418 | 514 |
| Cash Conversion Cycle | -56 | -25 | -126 | -55 | -252 | -325 | -384 | -438 |
| Working Capital Days | -22 | -17 | -157 | -100 | -60 | -72 | -61 | -44 |
| ROCE % | -9 | 4 | 47 | 36 | 41 | 42 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
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
-590inr_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)
29,63,455inr
2026-03-31
same-store sales growth %
4.20pct
2026-06-30
stores / outlets at period end
580count
2026-06-30
News
News and filings about Travel Food Services 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
Uses as raw material
- food & beverage stock-in-trade
- groceries, eatables, consumables and beverages
- packing materials
Depends on the price of
- fuel
- lpg_propane_butane
Sells to
- Airport travellers / airline passengers · travel QSR food & beverage and airport lounge services
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
- Restaurants
- Classification
- Consumer Services › Restaurants
- ISIN
- INE103V01028
Plants
- Airport lounge network (India)
- Cochin International Airport Domestic Terminal T1 concession · Kochi, Kerala
- Travel QSR outlet network (India)
News impact
Big market events that reach Travel Food Services Limited, and how the effect spreads.
28 Jun, 10:07 IST · Market event · medium impact
Nagapattinam international port to get duty free shops as India-Sri Lanka ferry traffic booms
Who it hits first
- Nagapattinam international port (a Tamil Nadu state-government port) will add duty-free retail shops and upgrade toward international maritime/aviation-hub standards on the back of booming India-Sri Lanka ferry traffic.
- No listed company operates this state port, so direct corporate impact is limited and diffuse.
Who may gain
- Travel-retail / duty-free concession operators (Travel Food Services) - optionality on hub concessions
- PSU dredging (Dredging Corporation of India) - possible but unconfirmed harbour-deepening scope
- Tamil Nadu coastal tourism and hospitality - diffuse, longer-term footfall benefit
Along the supply chain
Downstream
The upgraded port and duty-free capacity serve India-Sri Lanka ferry passengers and regional cross-border trade; downstream beneficiaries are travel-retail concessionaires and local tourism, not a manufacturing value chain.
Upstream
Port construction and upgrade pull in dredging and marine-civil EPC scope (e.g. PSU dredger DCI for channel deepening, if any); these are one-off project inputs, not a continuous supply chain.
Where demand moves
Business
The port upgrade creates net-new localized demand: duty-free/travel-retail concession demand that flows to specialist travel-retail operators, and possible harbour-deepening/dredging scope; booming India-Sri Lanka ferry passenger volume feeds travel-retail footfall. No existing supplier loses business - this is incremental capacity, not a reallocation.
Capital
The event is too small and localized to drive sector-level capital rotation; any market interest is stock-specific speculative attention on travel-retail (TRAVELFOOD) and dredging (DREDGECORP) names rather than a broad sector flow.
How it spreads across sectors
Consumer Services
Net-new duty-free / travel-retail concession opportunity at a growing ferry hub - positive optionality for travel-retail operators.
Services
Mild positive sentiment for coastal-shipping / port-logistics names, but Nagapattinam is a state-government port with no listed operator, so the effect is diffuse and non-attributable.
When it plays out
Immediate
Negligible immediate price reaction - this is an announcement-stage development with no contracts or concessions awarded yet.
Medium term
If India-Sri Lanka ferry traffic sustains, a modest structural uplift for travel-retail footfall and regional tourism accrues over 1-6 months as the hub scales.
Short term
Watch for duty-free concession tenders and any dredging/EPC contract awards tied to the upgrade over the next 1-4 weeks.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 9 Sep 2026 | unspecified | ₹10.25 |
|---|
Splits, bonuses & buybacks
- daily-prices repair: 2 rows from NSE's archive (replace 0, delete 1, insert 1), 2026-01-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Jan 2026
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 7 Oct 2026 | Sudipto Bose · Designated Person | SELL | 1,245 | 0.15 |
| 7 Oct 2026 | Sudipto Bose · Designated Person | SELL | 533 | 0.07 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2625 Aug 2026
- Earnings call23 Aug 2026
- Earnings call14 Aug 2026
- Results presentation30 Jun 2026
- Earnings call13 Feb 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.