Thomas Cook (India) Ltd

Thomas Cook (India) Ltd

₹ 214 2.69%
24 Apr 11:45 a.m.
About

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]

Key Points

Business Segments

  • Market Cap 10,066 Cr.
  • Current Price 214
  • High / Low 218 / 59.4
  • Stock P/E 124
  • Book Value 38.8
  • Dividend Yield 0.19 %
  • 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 5.53 times its book value
  • 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
39 64 44 50 112 79 298 364 334 368 725 554 427
79 113 101 95 135 103 299 354 354 385 683 527 433
Operating Profit -40 -50 -57 -46 -23 -24 -1 10 -20 -17 41 27 -6
OPM % -104% -78% -129% -92% -21% -30% -0% 3% -6% -5% 6% 5% -1%
32 32 33 31 9 -3 22 25 30 33 42 31 38
Interest 4 5 4 4 5 6 9 10 10 10 10 9 9
Depreciation 7 6 6 6 6 6 6 6 6 6 6 6 7
Profit before tax -20 -30 -34 -25 -26 -38 6 19 -6 -0 67 43 16
Tax % 66% 56% 52% 54% 24% 9% 83% 27% -82% -6,033% 31% 41% 31%
-7 -13 -16 -11 -20 -35 1 14 -12 -2 46 25 11
EPS in Rs -0.18 -0.34 -0.43 -0.30 -0.52 -0.79 0.02 0.30 -0.25 -0.04 0.98 0.54 0.23
Raw PDF

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: 16%
5 Years: 13%
3 Years: 67%
1 Year: 223%
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%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.60% 65.60% 65.60% 70.58% 72.34% 72.34% 72.34% 72.34% 72.34% 72.34% 63.83% 63.83%
0.61% 0.64% 0.44% 0.41% 0.36% 0.45% 0.48% 0.51% 0.47% 0.57% 1.83% 2.29%
12.71% 12.03% 12.22% 9.88% 9.11% 9.21% 9.17% 9.20% 9.02% 8.14% 9.26% 8.64%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.08%
19.22% 19.97% 19.98% 17.64% 16.79% 16.62% 16.63% 16.63% 16.85% 17.74% 23.88% 24.07%
1.86% 1.76% 1.76% 1.50% 1.40% 1.38% 1.38% 1.33% 1.33% 1.21% 1.11% 1.08%
No. of Shareholders 83,89587,47792,46090,99588,77984,69983,45679,76677,94377,92882,59593,080

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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