TBO Tek Ltd.

•
₹ 1,696.5-0.36%

2026-08-21

tbo.comBSE: 544174NSE: TBOTEK
Market Cap₹ 18,032 Cr.
Current Price₹ 1,703
High / Low₹ 1,765 / 1,004
Stock P/E0.0
Book Value₹ 77
Price to Book14.04
Dividend Yield0.00 %
ROCE10.4 %
ROE7.2 %
Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Air Ticketing: 49.8% • Others: 33.4% • Hotels & Pakages: 16.8%

PROS

  • Company has delivered good profit growth of 43.4% CAGR over last 5 years
  • Company is almost debt free
  • Company has delivered good sales growth of 41.7% CAGR over last 5 years
  • Working capital cycle has improved - days down from 406 to 227

CONS

  • Operating cash flow has been negative in recent years
  • A large part of profit comes from other income (80.3% of PBT)
  • Recent results are weak - TTM profit is down 39.4% versus prior year
  • Receivables are growing faster than sales - a possible quality concern
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.04x)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
Consumer ServicesHospitalityTravel Services
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.IRCTC488.4028.0539072.001.84330.16-0.161369.5318.1051.4828.23
2.TBOTEK1660.5568.1218031.540.0083.3632.38925.7881.0719.5914.91
3.IXIGO168.9087.087449.930.0034.2480.75356.7513.4414.595.72
4.CORDELIA827.25114.855988.840.00227.73—1901.12—74.7723.68
5.THOMASCOOK100.6521.654734.380.5063.71-13.392091.89-13.1321.134.46
6.EASEMYTRIP6.120.002438.610.00-11.69-363.84134.7118.3821.68-9.98
7.YATRA113.5557.191781.780.000.34-97.88187.90-10.455.506.61
8.INTLTRAVHS302.300.00241.671.825.64-17.9355.27-3.0615.0014.06
9.TRANSCOR23.807.9876.192.522.18113.84284.9924.3115.400.68
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023
149
119
Operating Profit
—
OPM %
—
Other Income
4
Interest
2
Depreciation
4
20
Tax %
24.44%
Net Profit
15
1
Equity Capital
10
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
10
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
128
107
Operating Profit
—
OPM %
—
Other Income
3
Interest
2
Depreciation
5
17
Tax %
25.74%
Net Profit
13
1
Equity Capital
10
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
10
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
124
107
Operating Profit
—
OPM %
—
Other Income
8
Interest
2
Depreciation
5
18
Tax %
25.27%
Net Profit
14
1
Equity Capital
10
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
10
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
138
122
Operating Profit
—
OPM %
—
Other Income
7
Interest
2
Depreciation
5
8
Tax %
27.30%
Net Profit
6
1
Equity Capital
10
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
10
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
154
127
Operating Profit
—
OPM %
—
Other Income
10
Interest
2
Depreciation
4
31
Tax %
25.68%
Net Profit
23
2
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
142
129
Operating Profit
—
OPM %
—
Other Income
10
Interest
2
Depreciation
4
18
Tax %
22.94%
Net Profit
14
1
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
134
125
Operating Profit
—
OPM %
—
Other Income
12
Interest
2
Depreciation
4
15
Tax %
25.36%
Net Profit
11
1
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
146
137
Operating Profit
—
OPM %
—
Other Income
11
Interest
2
Depreciation
4
14
Tax %
37.73%
Net Profit
9
1
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
149
129
Operating Profit
—
OPM %
—
Other Income
9
Interest
2
Depreciation
4
22
Tax %
25.58%
Net Profit
16
2
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
144
135
Operating Profit
—
OPM %
—
Other Income
12
Interest
2
Depreciation
5
13
Tax %
26.29%
Net Profit
10
1
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
145
136
Operating Profit
—
OPM %
—
Other Income
14
Interest
3
Depreciation
5
15
Tax %
25.40%
Net Profit
12
1
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
146
139
Operating Profit
—
OPM %
—
Other Income
27
Interest
2
Depreciation
5
25
Tax %
24.76%
Net Profit
19
2
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
157
143
Operating Profit
—
OPM %
—
Other Income
12
Interest
2
Depreciation
6
27
Tax %
24.95%
Net Profit
20
0
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
11
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019
309
294
Operating Profit
29
OPM %
9
Other Income
13
Interest
2
Depreciation
1
20
Tax %
36
Net Profit
13
EPS
69
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2020
379
325
Operating Profit
67
OPM %
18
Other Income
13
Interest
3
Depreciation
12
53
Tax %
27
Net Profit
39
EPS
205
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2021
102
104
Operating Profit
26
OPM %
25
Other Income
27
Interest
2
Depreciation
11
14
Tax %
31
Net Profit
9
EPS
49
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2022
264
233
Operating Profit
60
OPM %
23
Other Income
29
Interest
4
Depreciation
14
43
Tax %
26
Net Profit
31
EPS
3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Mar 2023
476
386
Operating Profit
100
OPM %
21
Other Income
11
Interest
11
Depreciation
20
70
Tax %
26
Net Profit
52
EPS
5
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Mar 2024
539
450
Operating Profit
110
OPM %
20
Other Income
21
Interest
13
Depreciation
19
63
Tax %
25
Net Profit
47
EPS
5
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Mar 2025
576
511
Operating Profit
108
OPM %
19
Other Income
42
Interest
12
Depreciation
17
78
Tax %
27
Net Profit
57
EPS
5
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Mar 2026
584
537
Operating Profit
107
OPM %
18
Other Income
61
Interest
10
Depreciation
20
76
Tax %
25
Net Profit
56
EPS
5
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
TTM
592
553
Operating Profit
—
OPM %
—
Other Income
65
Interest
10
Depreciation
22
81
Tax %
25
Net Profit
60
EPS
—
Dividend Payout %
—
Minority Interest
0
Share of Associates
0
Adjusted EPS
—
Minority Interest
0
Share of Associates
0
Adjusted EPS
—

COMPOUNDED SALES GROWTH

10 Years:
—
5 Years:
42%
3 Years:
7%

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
43%
3 Years:
3%

STOCK PRICE CAGR

10 Years:
—
5 Years:
—
3 Years:
—
1 Year:
16%

RETURN ON EQUITY

10 Years:
—
5 Years:
15%
3 Years:
12%
Last Year:
7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

No bonus data found

Mar 2019
Equity Capital
2
129
Trade Payables
289
137
Total Liabilities
557
22
16
0
Cash & Bank
213
306
Total Assets
557
Total Debt
0
Net Working Capital
100
Contingent Liabilities
85
Book Value per Share
691.24
Face Value
10.00
Total Debt
0
Net Working Capital
100
Contingent Liabilities
85
Book Value per Share
691.24
Face Value
10.00
Mar 2020
Equity Capital
2
168
Trade Payables
119
245
Total Liabilities
533
34
16
0
Cash & Bank
192
292
Total Assets
533
Total Debt
0
Net Working Capital
146
Contingent Liabilities
17
Book Value per Share
896.33
Face Value
10.00
Total Debt
0
Net Working Capital
146
Contingent Liabilities
17
Book Value per Share
896.33
Face Value
10.00
Mar 2021
Equity Capital
2
178
Trade Payables
69
191
Total Liabilities
440
21
16
0
Cash & Bank
232
170
Total Assets
440
Total Debt
0
Net Working Capital
141
Contingent Liabilities
20
Book Value per Share
946.87
Face Value
10.00
Total Debt
0
Net Working Capital
141
Contingent Liabilities
20
Book Value per Share
946.87
Face Value
10.00
Mar 2022
Equity Capital
10
191
Trade Payables
238
271
Total Liabilities
711
79
16
0
Cash & Bank
268
348
Total Assets
711
Total Debt
3
Net Working Capital
163
Contingent Liabilities
50
Book Value per Share
19.37
Face Value
1.00
Total Debt
3
Net Working Capital
163
Contingent Liabilities
50
Book Value per Share
19.37
Face Value
1.00
Mar 2023
Equity Capital
10
243
Trade Payables
301
324
Total Liabilities
879
72
16
0
Cash & Bank
277
513
Total Assets
879
Total Debt
3
Net Working Capital
210
Contingent Liabilities
50
Book Value per Share
24.29
Face Value
1.00
Total Debt
3
Net Working Capital
210
Contingent Liabilities
50
Book Value per Share
24.29
Face Value
1.00
Mar 2024
Equity Capital
10
293
Trade Payables
380
345
Total Liabilities
1,028
81
18
350
Cash & Bank
356
223
Total Assets
1,028
Total Debt
1
Net Working Capital
269
Contingent Liabilities
50
Book Value per Share
29.09
Face Value
1.00
Total Debt
1
Net Working Capital
269
Contingent Liabilities
50
Book Value per Share
29.09
Face Value
1.00
Mar 2025
Equity Capital
11
740
Trade Payables
398
374
Total Liabilities
1,522
72
18
409
Cash & Bank
710
314
Total Assets
1,522
Total Debt
1
Net Working Capital
641
Contingent Liabilities
20
Book Value per Share
69.13
Face Value
1.00
Total Debt
1
Net Working Capital
641
Contingent Liabilities
20
Book Value per Share
69.13
Face Value
1.00
Mar 2026
Equity Capital
11
807
Trade Payables
326
434
Total Liabilities
1,578
116
118
496
Cash & Bank
226
622
Total Assets
1,578
Total Debt
0
Net Working Capital
363
Contingent Liabilities
45
Book Value per Share
75.32
Face Value
1.00
Total Debt
0
Net Working Capital
363
Contingent Liabilities
45
Book Value per Share
75.32
Face Value
1.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019
88
Cash from Investing
-15
Cash from Financing
-1
73
Free Cash Flow
88
OCF / Net Profit
6.76
Cumulative 5-Year FCF
0
OCF / Net Profit
6.76
Cumulative 5-Year FCF
0
Mar 2020
-15
Cash from Investing
-12
Cash from Financing
-8
-35
Free Cash Flow
-27
OCF / Net Profit
-0.39
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.39
Cumulative 5-Year FCF
0
Mar 2021
43
Cash from Investing
-27
Cash from Financing
-5
11
Free Cash Flow
43
OCF / Net Profit
4.59
Cumulative 5-Year FCF
0
OCF / Net Profit
4.59
Cumulative 5-Year FCF
0
Mar 2022
42
Cash from Investing
-3
Cash from Financing
-15
24
Free Cash Flow
-24
OCF / Net Profit
1.33
Cumulative 5-Year FCF
0
OCF / Net Profit
1.33
Cumulative 5-Year FCF
0
Mar 2023
31
Cash from Investing
2
Cash from Financing
-13
20
Free Cash Flow
21
OCF / Net Profit
0.60
Cumulative 5-Year FCF
0
OCF / Net Profit
0.60
Cumulative 5-Year FCF
0
Mar 2024
99
Cash from Investing
-23
Cash from Financing
-13
64
Free Cash Flow
71
OCF / Net Profit
2.10
Cumulative 5-Year FCF
83
OCF / Net Profit
2.10
Cumulative 5-Year FCF
83
Mar 2025
55
Cash from Investing
-295
Cash from Financing
378
137
Free Cash Flow
47
OCF / Net Profit
0.96
Cumulative 5-Year FCF
158
OCF / Net Profit
0.96
Cumulative 5-Year FCF
158
Mar 2026
-159
Cash from Investing
-51
Cash from Financing
-15
-225
Free Cash Flow
-222
OCF / Net Profit
-2.82
Cumulative 5-Year FCF
-107
OCF / Net Profit
-2.82
Cumulative 5-Year FCF
-107

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019
EPS (₹)
69.08
Book Value (₹)
691.24
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.33
Operating Margin %
9.33%
Net Margin %
4.23%
ROE %
9.99%
ROCE %
16.83%
2.35%
Debtor Days
260
Inventory Days
0
Payable Days
0
260
Debt to Equity (x)
0.00x
Interest Coverage (x)
13.39x
1.24x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2020
EPS (₹)
204.78
Book Value (₹)
896.33
Dividend per Share (₹)
0.00
Cash EPS (₹)
4.83
Operating Margin %
17.78%
Net Margin %
10.23%
ROE %
25.80%
ROCE %
37.18%
7.12%
Debtor Days
180
Inventory Days
0
Payable Days
0
180
Debt to Equity (x)
0.00x
Interest Coverage (x)
18.17x
1.44x
Revenue Growth %
22.62%
Operating Profit Growth %
133.72%
Net Profit Growth %
196.39%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2021
EPS (₹)
49.08
Book Value (₹)
946.87
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.92
Operating Margin %
25.23%
Net Margin %
9.10%
ROE %
5.33%
ROCE %
8.65%
1.91%
Debtor Days
360
Inventory Days
0
Payable Days
0
360
Debt to Equity (x)
0.00x
Interest Coverage (x)
9.50x
1.57x
Revenue Growth %
-73.06%
Operating Profit Growth %
-61.77%
Net Profit Growth %
-76.03%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
3.01
Book Value (₹)
19.37
Dividend per Share (₹)
0.00
Cash EPS (₹)
4.32
Operating Margin %
22.87%
Net Margin %
11.90%
ROE %
16.48%
ROCE %
24.33%
5.46%
Debtor Days
175
Inventory Days
0
Payable Days
0
175
Debt to Equity (x)
0.01x
Interest Coverage (x)
11.03x
1.36x
Revenue Growth %
158.31%
Operating Profit Growth %
134.18%
Net Profit Growth %
237.73%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
4.96
Book Value (₹)
24.29
Dividend per Share (₹)
0.00
Cash EPS (₹)
6.86
Operating Margin %
21.11%
Net Margin %
10.86%
ROE %
22.72%
ROCE %
34.57%
6.50%
Debtor Days
197
Inventory Days
0
Payable Days
0
197
Debt to Equity (x)
0.01x
Interest Coverage (x)
7.48x
1.37x
Revenue Growth %
80.34%
Operating Profit Growth %
66.39%
Net Profit Growth %
64.58%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
4.53
Book Value (₹)
29.09
Dividend per Share (₹)
0.00
Cash EPS (₹)
6.39
Operating Margin %
16.49%
Net Margin %
8.75%
ROE %
16.96%
ROCE %
26.20%
4.95%
Debtor Days
224
Inventory Days
0
Payable Days
0
224
Debt to Equity (x)
0.00x
Interest Coverage (x)
6.02x
1.41x
Revenue Growth %
13.24%
Operating Profit Growth %
9.51%
Net Profit Growth %
-8.74%
-8.74%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
-3.12x
Mar 2025
EPS (₹)
5.23
Book Value (₹)
69.13
Dividend per Share (₹)
0.00
Cash EPS (₹)
6.80
Operating Margin %
11.33%
Net Margin %
9.87%
ROE %
10.78%
ROCE %
16.24%
4.46%
Debtor Days
240
Inventory Days
0
Payable Days
0
240
Debt to Equity (x)
0.00x
Interest Coverage (x)
7.71x
1.94x
Revenue Growth %
6.86%
Operating Profit Growth %
-2.10%
Net Profit Growth %
20.44%
15.62%
P/E (x)
230.31x
P/B (x)
17.43x
Dividend Yield %
0.00%
114.93x
Mar 2026
EPS (₹)
5.20
Book Value (₹)
75.32
Dividend per Share (₹)
0.00
Cash EPS (₹)
7.01
Operating Margin %
7.97%
Net Margin %
9.67%
ROE %
7.20%
ROCE %
10.43%
3.64%
Debtor Days
283
Inventory Days
0
Payable Days
0
283
Debt to Equity (x)
0.00x
Interest Coverage (x)
8.28x
1.58x
Revenue Growth %
1.37%
Operating Profit Growth %
-0.32%
Net Profit Growth %
-0.60%
-0.60%
P/E (x)
203.33x
P/B (x)
14.04x
Dividend Yield %
0.00%
104.88x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
44.41
42.79
6.61
Government
0.00
6.20
Sep 2024
44.41
43.06
6.59
Government
0.00
5.93
Dec 2024
44.41
38.05
11.78
Government
0.00
5.76
Mar 2025
44.40
31.61
17.88
Government
0.00
6.10
Jun 2025
44.41
30.11
19.18
Government
0.00
6.30
Sep 2025
44.41
30.73
18.90
Government
0.00
5.94
Dec 2025
44.41
30.85
19.01
Government
0.00
5.74
Mar 2026
44.41
29.71
20.34
Government
0.00
5.54
Jun 2026
44.41
28.93
21.09
Government
0.00
5.56

Documents

Announcements

  • General Updates

    2026-08-10 - Please find enclosed the letter dispatched to the Members of the Company for the Annual Report of Financial Year 2025-26

  • Copy of Newspaper Publication

    2026-08-06 - Please find enclosed the Newspaper Publication regarding the Notice of 20th AGM and E-voting Information.

Annual Reports

Credit Ratings

  • Credit Rating

    2025-12-10 - TBO Tek Limited has informed the Exchange about Credit Rating

Concalls