Thomas Cook (India) Ltd

Thomas Cook (India) Ltd

₹ 166 -1.22%
21 Feb - close price
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 7,770 Cr.
  • Current Price 166
  • High / Low 190 / 52.1
  • Stock P/E 40.2
  • Book Value 38.8
  • Dividend Yield 0.24 %
  • ROCE 5.23 %
  • ROE 0.39 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company's median sales growth is 43.8% of last 10 years

Cons

  • Stock is trading at 4.27 times its book value
  • Promoter holding has decreased over last quarter: -8.51%
  • The company has delivered a poor sales growth of -14.8% over past five years.
  • Company has a low return on equity of -8.86% over last 3 years.
  • 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

Consolidated Figures in Rs. Crores / View Standalone

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
236 357 288 330 748 522 976 1,222 1,536 1,313 1,899 1,843 1,893
310 417 397 412 737 530 940 1,180 1,472 1,277 1,775 1,741 1,777
Operating Profit -74 -60 -109 -82 11 -8 36 42 64 36 124 103 116
OPM % -31% -17% -38% -25% 1% -1% 4% 3% 4% 3% 7% 6% 6%
35 41 28 21 2 4 12 13 26 11 33 28 48
Interest 14 16 12 16 16 17 20 19 28 23 26 23 24
Depreciation 36 33 32 33 33 31 30 31 32 30 30 31 33
Profit before tax -89 -68 -125 -110 -36 -52 -2 5 30 -6 101 77 107
Tax % 26% 70% 25% 22% 33% 1% -153% 100% 12% -74% 28% 32% 16%
-66 -20 -94 -85 -25 -50 -6 0 27 -10 71 51 91
EPS in Rs -1.57 -0.27 -2.21 -1.96 -0.61 -1.10 -0.12 0.02 0.39 -0.15 1.55 1.00 1.75
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
392 430 1,287 3,244 6,094 8,762 11,248 6,603 6,833 795 1,888 5,048 6,949
285 317 1,140 3,001 5,910 8,425 10,876 6,520 6,726 1,147 2,075 4,870 6,569
Operating Profit 107 113 147 243 184 338 372 83 107 -352 -187 178 379
OPM % 27% 26% 11% 7% 3% 4% 3% 1% 2% -44% -10% 4% 5%
19 9 6 41 -31 84 6,005 168 76 146 55 62 119
Interest 31 31 34 71 92 132 149 73 101 62 62 89 96
Depreciation 14 14 18 41 61 91 137 67 151 148 129 124 125
Profit before tax 81 77 102 171 1 199 6,091 110 -69 -416 -322 27 278
Tax % 30% 35% 33% 34% 6,392% 57% -1% 19% 74% 29% 21% 61%
56 50 69 112 -59 86 6,131 89 -18 -295 -254 10 203
EPS in Rs 2.65 2.37 2.51 3.31 -2.13 1.18 161.21 2.29 -0.02 -6.72 -5.18 0.14 4.15
Dividend Payout % 14% 16% 0% 15% -18% 32% 0% 16% 0% 0% 0% 291%
Compounded Sales Growth
10 Years: 28%
5 Years: -15%
3 Years: -10%
TTM: 63%
Compounded Profit Growth
10 Years: -18%
5 Years: -56%
3 Years: 231%
TTM: 670%
Stock Price CAGR
10 Years: 17%
5 Years: 11%
3 Years: 52%
1 Year: 155%
Return on Equity
10 Years: -24%
5 Years: -2%
3 Years: -9%
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 370 417 663 1,302 1,211 1,950 8,634 8,856 1,627 1,891 1,651 1,666 1,777
Preference Capital 1 1 1 4 0 0 0 0 0 0 0 0
226 187 181 376 1,042 1,404 425 361 762 612 598 539 462
306 330 654 1,421 2,609 3,575 3,000 3,753 3,066 2,194 2,321 3,404 3,950
Total Liabilities 923 955 1,523 3,126 4,899 6,965 12,096 13,008 5,492 4,736 4,615 5,657 6,235
245 244 475 1,200 1,903 2,843 1,723 2,403 2,707 2,628 2,580 2,576 2,648
CWIP 3 3 5 97 53 56 13 7 12 6 14 26 3
Investments 38 110 208 340 134 219 7,398 7,417 100 130 129 106 109
636 598 835 1,489 2,810 3,847 2,962 3,180 2,673 1,971 1,892 2,948 3,476
Total Assets 923 955 1,523 3,126 4,899 6,965 12,096 13,008 5,492 4,736 4,615 5,657 6,235

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
156 115 219 131 383 273 -244 253 120 -581 -139 649
-32 -103 -366 -607 -165 -253 -458 -263 -184 351 -123 -179
-12 -76 88 565 548 161 477 -167 -170 335 -85 -230
Net Cash Flow 112 -65 -59 89 766 181 -225 -178 -234 105 -347 239

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 211 179 94 73 50 42 28 46 25 59 45 41
Inventory Days
Days Payable
Cash Conversion Cycle 211 179 94 73 50 42 28 46 25 59 45 41
Working Capital Days 39 17 -9 16 -39 -29 -36 -63 -62 -368 -164 -80
ROCE % 18% 18% 18% 17% 9% 10% 6% 2% 1% -14% -11% 5%

Shareholding Pattern

Numbers in percentages

7 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
65.60% 65.60% 65.60% 65.60% 70.58% 72.34% 72.34% 72.34% 72.34% 72.34% 72.34% 63.83%
0.94% 0.61% 0.64% 0.44% 0.41% 0.36% 0.45% 0.48% 0.51% 0.47% 0.57% 1.83%
12.98% 12.71% 12.03% 12.22% 9.88% 9.11% 9.21% 9.17% 9.20% 9.02% 8.14% 9.26%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06%
18.59% 19.22% 19.97% 19.98% 17.64% 16.79% 16.62% 16.63% 16.63% 16.85% 17.74% 23.88%
1.89% 1.86% 1.76% 1.76% 1.50% 1.40% 1.38% 1.38% 1.33% 1.33% 1.21% 1.11%
No. of Shareholders 75,57583,89587,47792,46090,99588,77984,69983,45679,76677,94377,92882,595

* 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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