TBO Tek Limited
TBO Tek Limited operates in Tour, Travel Related Services, part of the Consumer Services sector. It booked ₹866 cr of revenue in its latest quarter (Q2 FY27) and kept 8.8% of sales as profit. It is the 2nd largest of 8 Tour, Travel Related Services companies we track, by market value.
| Segment | FY25 | FY26 | Share |
|---|---|---|---|
| Hotels and packages | 1,372 | 2,239 | 79% → 84% |
| Air ticketing | 327 | 325 | 19% → 12% |
| Others | 38 | 114 | 2% → 4% |
| Total | 1,737 | 2,677 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“TBO Tek Limited Annual Report 2024-25 About Us TBO.com saw its beginnings in 2006, envisioned as a technology solution to ~200,000 140 4th simplify airline ticket booking for travel agents across multiple carriers in India. Registered Travel Source Markets Largest B2B platform globally* The launch of three major low-cost carriers were fuelling an unprecedented Agent base boom in Indian domestic air travel.”
Healthier than 54% of companies in Consumer Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 32–46 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 48
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.
What if I invest in TBOTEK?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹866 cr |
| Other Income | ₹15 cr |
| Total Income | ₹880 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹191 cr |
| Finance Costs | ₹17 cr |
| Depreciation & Amortisation | ₹34 cr |
| Other Expenses | ₹539 cr |
| Total Expenses | ₹781 cr |
| Exceptional Items | ₹-8 cr |
| Profit before Tax | ₹92 cr |
| Tax Expense | ₹16 cr |
| Net Profit | ₹76 cr |
| Net margin on total income | 8.6% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 814 cr | 926 cr | 866 cr |
| Total income | 827 cr | 939 cr | 880 cr |
| Expenses | 753 cr | 835 cr | 781 cr |
| Profit before tax | 74 cr | 103 cr | 92 cr |
| Tax | 14 cr | 20 cr | 16 cr |
| Net profit (owners' share) | 60 cr | 83 cr | 76 cr |
| Net margin (owners' share, on revenue) | 7.4% | 9.0% | 8.8% |
| EPS (₹) | 5.62 | 7.77 | 7.08 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Indian Railway Catering And Tourism Corporation Limited | ₹448 | ₹35,800 cr | 27.1 | 30.7% | 24.1% | — |
| TBO Tek Limitedthis company | ₹1,594 | ₹17,314 cr | 56.3 | 17.5% | 8.8% | — |
| BLS International Services Limited | ₹216 | ₹8,878 cr | 11.7 | 30.9% | 21.3% | — |
| Le Travenues Technology Limited | ₹144 | ₹6,340 cr | 26.2 | 11.3% | 19.1% | — |
| Thomas Cook (India) Limited | ₹88 | ₹4,116 cr | 19.7 | 7.8% | 2.7% | — |
| Easy Trip Planners Limited | ₹6 | ₹2,375 cr | — | -5.7% | -8.5% | — |
| Yatra Online Limited | ₹72 | ₹1,134 cr | 903.4 | 0.2% | 0.2% | — |
| Waterways Leisure Tourism Limited | ₹87 | ₹630 cr | 6.2 | 12.5% | 12.0% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 4 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
The company has not broken this money down into purposes in its filing for Mar 2026, so there is nothing to measure it against yet. Care Ratings Limited watches the spending on the exchange’s behalf.
The company has not broken this money down into purposes in its filing for Dec 2025, so there is nothing to measure it against yet. Care Ratings Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing