Thomas Cook (India) Ltd
Thomas Cook offers a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Visa & Passport services, and E-Business. The company set up its first office in India in 1881.
The Thomas Cook India Group spans over 25 countries across 5 continents with a team of over 8388 people[1]
The company has 19 brands under its name for eg: SITA, TCI, and Distant Frontiers. [2]
- Market Cap ₹ 9,687 Cr.
- Current Price ₹ 206
- High / Low ₹ 207 / 59.4
- Stock P/E 120
- Book Value ₹ 38.8
- Dividend Yield 0.20 %
- ROCE 3.09 %
- ROE 0.09 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 121 to 82.4 days.
Cons
- Stock is trading at 5.29 times its book value
- Promoter holding has decreased over last quarter: -8.51%
- The company has delivered a poor sales growth of -6.45% over past five years.
- Company has a low return on equity of -1.70% over last 3 years.
- Earnings include an other income of Rs.143 Cr.
- Company's cost of borrowing seems high
* 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: Miscellaneous Industry: Travel Agencies
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
342 | 377 | 370 | 501 | 1,724 | 1,714 | 1,903 | 2,273 | 2,125 | 187 | 286 | 1,364 | 2,074 | |
232 | 270 | 266 | 401 | 1,685 | 1,673 | 1,874 | 2,233 | 2,116 | 324 | 435 | 1,393 | 2,028 | |
Operating Profit | 110 | 107 | 103 | 100 | 39 | 41 | 30 | 40 | 9 | -137 | -149 | -29 | 45 |
OPM % | 32% | 28% | 28% | 20% | 2% | 2% | 2% | 2% | 0% | -73% | -52% | -2% | 2% |
14 | 9 | 5 | 11 | 30 | 25 | 573 | 54 | 41 | 130 | 69 | 110 | 143 | |
Interest | 30 | 30 | 26 | 48 | 44 | 54 | 46 | 40 | 40 | 21 | 19 | 39 | 38 |
Depreciation | 11 | 12 | 11 | 15 | 17 | 18 | 18 | 20 | 31 | 29 | 24 | 23 | 24 |
Profit before tax | 83 | 74 | 70 | 49 | 7 | -5 | 538 | 34 | -22 | -56 | -123 | 19 | 126 |
Tax % | 33% | 33% | 34% | 32% | 27% | -54% | 1% | 40% | -14% | 74% | 33% | 92% | |
56 | 49 | 46 | 33 | 5 | -8 | 531 | 21 | -25 | -14 | -82 | 2 | 81 | |
EPS in Rs | 2.64 | 2.31 | 1.86 | 1.22 | 0.15 | -0.23 | 14.36 | 0.56 | -0.66 | -0.38 | -1.86 | 0.03 | 1.71 |
Dividend Payout % | 14% | 16% | 20% | 41% | 255% | -165% | 3% | 67% | 0% | 0% | 0% | 1,254% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | -6% |
3 Years: | -14% |
TTM: | 93% |
Compounded Profit Growth | |
---|---|
10 Years: | -29% |
5 Years: | -57% |
3 Years: | 53% |
TTM: | 408% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 12% |
3 Years: | 65% |
1 Year: | 208% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -1% |
3 Years: | -2% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 25 | 27 | 37 | 37 | 37 | 37 | 38 | 38 | 44 | 47 | 47 |
Reserves | 333 | 377 | 585 | 1,113 | 1,132 | 1,123 | 1,653 | 1,549 | 1,401 | 1,830 | 1,722 | 1,723 | 1,778 |
Preference Capital | 1 | 1 | 1 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
225 | 185 | 115 | 152 | 348 | 354 | 147 | 33 | 127 | 145 | 198 | 148 | 87 | |
244 | 277 | 363 | 543 | 793 | 762 | 1,115 | 1,178 | 1,021 | 746 | 892 | 1,496 | 1,994 | |
Total Liabilities | 824 | 860 | 1,088 | 1,837 | 2,310 | 2,275 | 2,952 | 2,797 | 2,587 | 2,759 | 2,857 | 3,414 | 3,907 |
70 | 69 | 63 | 63 | 183 | 178 | 185 | 234 | 291 | 259 | 251 | 242 | 243 | |
CWIP | 2 | 2 | 4 | 1 | 3 | 6 | 1 | 1 | 1 | 0 | 2 | 1 | 1 |
Investments | 197 | 274 | 593 | 1,158 | 1,224 | 1,228 | 1,228 | 1,080 | 953 | 1,027 | 1,017 | 980 | 945 |
554 | 515 | 427 | 614 | 900 | 864 | 1,538 | 1,482 | 1,341 | 1,473 | 1,588 | 2,191 | 2,717 | |
Total Assets | 824 | 860 | 1,088 | 1,837 | 2,310 | 2,275 | 2,952 | 2,797 | 2,587 | 2,759 | 2,857 | 3,414 | 3,907 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
153 | 104 | 177 | 149 | 367 | 7 | 90 | 132 | 79 | -329 | 7 | 452 | |
-8 | -105 | -327 | -599 | -139 | -116 | 379 | -105 | -86 | 87 | -385 | -235 | |
-9 | -76 | 76 | 489 | 175 | -99 | -227 | -205 | -42 | 476 | 18 | -114 | |
Net Cash Flow | 137 | -77 | -75 | 39 | 403 | -208 | 241 | -178 | -49 | 234 | -359 | 103 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 206 | 178 | 174 | 157 | 40 | 47 | 70 | 54 | 27 | 125 | 156 | 82 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 206 | 178 | 174 | 157 | 40 | 47 | 70 | 54 | 27 | 125 | 156 | 82 |
Working Capital Days | 55 | 28 | -69 | -80 | -105 | -90 | -95 | -89 | -105 | -354 | 47 | 0 |
ROCE % | 20% | 18% | 15% | 10% | 4% | 3% | 3% | 4% | 3% | -2% | -5% | 3% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Apr
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Apr - Press release dated April 15, 2024 titled, "Thomas Cook India expands its Foreign Exchange distribution - Opens new counter at its Laxmi Nagar Gold Circle …
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Certificate Pursuant To Regulation 40(9) Of The SEBI (LODR) Regulations, 2015
15 Apr - Certificate dated April 15, 2024 obtained from Parikh and Associates, Practicing Company Secretaries for the financial year ended March 31, 2024, pursuant to Regulation 40(9) …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Apr - Press Release dated April 10, 2024 titled, "Targeting the surge in demand for spiritual tourism - Thomas Cook and SOTC partner with Uttarakhand Tourism Development …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT REC
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Business Segments