TBO Tek Ltd
Incorporated in 2006, TBO Tek Ltd is in the business of operating multiple online technology platforms and providing access to book global travel inventory aggregated through travel suppliers like airlines, hotels, etc.[1]
- Market Cap ₹ 14,232 Cr.
- Current Price ₹ 1,311
- High / Low ₹ 2,001 / 986
- Stock P/E 247
- Book Value ₹ 72.3
- Dividend Yield 0.00 %
- ROCE 13.9 %
- ROE 10.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 18.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.41.3 Cr.
- Company has high debtors of 259 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Travel Agencies
Part of BSE 500 Nifty 500 BSE SmallCap BSE Allcap BSE Consumer Discretionary
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
220 | 379 | 102 | 264 | 476 | 539 | 576 | |
195 | 325 | 104 | 232 | 390 | 450 | 515 | |
Operating Profit | 25 | 54 | -2 | 32 | 86 | 89 | 61 |
OPM % | 11% | 14% | -2% | 12% | 18% | 16% | 11% |
12 | 13 | 27 | 29 | 11 | 6 | 41 | |
Interest | 0 | 3 | 2 | 4 | 11 | 13 | 7 |
Depreciation | 1 | 12 | 11 | 14 | 16 | 19 | 17 |
Profit before tax | 36 | 53 | 14 | 42 | 70 | 63 | 78 |
Tax % | 35% | 27% | 31% | 26% | 26% | 25% | 27% |
24 | 39 | 9 | 31 | 52 | 47 | 57 | |
EPS in Rs | 124.20 | 204.77 | 49.07 | 3.01 | 4.96 | 4.53 | 5.23 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 30% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 24% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 10 | 10 | 10 | 11 |
Reserves | 85 | 168 | 178 | 192 | 248 | 305 | 775 |
0 | 17 | 0 | 3 | 62 | 73 | 67 | |
249 | 301 | 216 | 451 | 489 | 550 | 559 | |
Total Liabilities | 336 | 488 | 396 | 656 | 810 | 938 | 1,412 |
1 | 0 | 21 | 79 | 72 | 81 | 76 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
Investments | 16 | 16 | 16 | 16 | 16 | 18 | 18 |
319 | 472 | 358 | 561 | 722 | 838 | 1,318 | |
Total Assets | 336 | 488 | 396 | 656 | 810 | 938 | 1,412 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
38 | -15 | 43 | 41 | 31 | 99 | 55 | |
5 | -12 | -27 | -3 | 2 | -23 | -295 | |
-0 | -8 | -5 | -15 | -13 | -13 | 378 | |
Net Cash Flow | 43 | -35 | 11 | 24 | 20 | 64 | 137 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 211 | 152 | 170 | 284 | 237 | 237 | 259 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 211 | 152 | 170 | 284 | 237 | 237 | 259 |
Working Capital Days | -141 | -38 | -326 | -146 | -49 | -52 | -38 |
ROCE % | 8% | 24% | 31% | 25% | 14% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
18h - Annual Secretarial Compliance Report filed for FY ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
20h - TBO Tek reports 25% revenue growth, 22% EBITDA growth, strong hotel segment expansion, and global market growth in FY25.
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Clarification On Spurt In Volume Of Company''s Shares
2d - Company clarifies no material event causing recent share volume spurt; market-driven volatility.
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Clarification sought from TBO TEK Ltd
2d - Exchange has sought clarification from TBO TEK Ltd on May 26, 2025, with reference to Movement in Volume.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 May - Audio/video recording of Q4 FY25 earnings call posted on company website.
Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Feb 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
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Nov 2024TranscriptNotesPPT
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Sep 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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Jun 2024Transcript PPT
Business Overview:[1]
TTL is a part of TBO group. It operates an online platform- Travelboutiqueonline.com (TBO) and offers service in B2B segment. It is an International Air Transport Association (IATA) registered ticketing agency. Travel Boutique Online (TBO) portal earns majority revenues from airline and hotel reservation