Thomas Cook (India) Ltd

Thomas Cook (India) is engaged in diversified businesses of Travel and Travel related Businesses, working as Travel Agent and Tour Operator. The Company is also engaged as an Authorised Foreign Exchange Dealer.

Pros:
Company has reduced debt.
Company is virtually debt free.
Stock is trading at 0.77 times its book value
Company has good consistent profit growth of 158.89% over 5 years
Market value of investments Rs.7337.42 Cr. is more than the Market Cap Rs.6883.10 Cr.
Cons:
Company has low interest coverage ratio.
Company has a low return on equity of -15.67% for last 3 years.
Earnings include an other income of Rs.115.44 Cr.

Peer Comparison Sector: Miscellaneous // Industry: Travel Agencies

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019
2,489 2,092 1,988 2,187 2,873 2,797 3,006 2,572 2,085 1,600 1,556 1,363
2,347 2,024 1,934 2,120 2,708 2,718 2,886 2,565 2,002 1,588 1,514 1,418
Operating Profit 142 68 54 68 165 79 120 7 83 12 42 -55
OPM % 6% 3% 3% 3% 6% 3% 4% 0% 4% 1% 3% -4%
Other Income 16 27 20 27 21 15 39 5,913 16 11 14 74
Interest 31 29 33 39 36 38 39 36 17 18 18 20
Depreciation 20 22 22 27 28 32 38 38 16 17 16 18
Profit before tax 108 45 19 27 122 24 81 5,846 66 -12 22 -18
Tax % 42% 55% 78% 101% 34% -152% 39% -1% 1% -23% 77% -6%
Net Profit 62 20 -8 -1 66 16 13 5,873 71 -8 9 14
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
235 308 334 265 310 392 430 1,287 3,244 6,094 8,762 11,248 6,603
176 221 240 203 242 285 317 1,140 3,001 5,913 8,425 10,877 6,521
Operating Profit 59 87 94 62 69 107 113 147 243 181 338 371 82
OPM % 25% 28% 28% 23% 22% 27% 26% 11% 7% 3% 4% 3% 1%
Other Income 20 20 13 12 41 19 9 6 41 -27 84 6,005 115
Interest 11 33 36 22 22 31 31 34 71 92 132 149 73
Depreciation 12 9 11 12 14 14 14 18 41 61 91 137 67
Profit before tax 57 66 60 40 74 81 77 102 171 1 199 6,091 57
Tax % 37% 21% 38% 38% 36% 30% 35% 33% 34% 6,392% 57% -1%
Net Profit 36 52 37 25 47 56 50 62 90 -78 43 5,968 85
EPS in Rs 1.89 2.62 2.14 1.11 2.16 2.59 2.31 2.45 2.56 0.00 1.18 161.21
Dividend Payout % 20% 15% 16% 32% 17% 14% 16% 0% 15% -18% 32% 0%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:43.30%
5 Years:92.08%
3 Years:51.35%
TTM:-41.30%
Compounded Profit Growth
10 Years:61.87%
5 Years:158.89%
3 Years:302.64%
TTM:-98.58%
Return on Equity
10 Years:-7.90%
5 Years:-11.37%
3 Years:-15.67%
Last Year:116.60%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
120 120 122 22 22 22 22 25 32 37 37 37 37
Reserves 38 76 102 280 319 370 417 663 1,302 1,210 1,489 8,634 8,856
Borrowings 252 286 260 170 202 226 187 181 376 1,042 1,404 425 298
357 309 287 254 253 315 339 664 1,481 2,679 4,131 3,124 3,946
Total Liabilities 662 686 666 725 795 933 964 1,534 3,185 4,968 7,061 12,220 13,137
213 214 214 217 241 245 244 475 1,200 1,903 2,843 1,723 2,408
CWIP 1 4 1 2 7 3 3 5 97 53 56 13 7
Investments 13 1 0 36 16 38 110 208 340 134 219 7,398 7,417
436 468 450 471 532 646 608 846 1,549 2,879 3,943 3,085 3,305
Total Assets 662 686 666 725 795 933 964 1,534 3,185 4,968 7,061 12,220 13,137

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018
41 -13 91 81 8 156 115 219 131 383 273 -244
-173 2 -7 -51 -0 -32 -103 -366 -607 -165 -253 -458
231 -9 -75 -61 2 -12 -76 88 565 548 161 477
Net Cash Flow 98 -19 9 -32 10 112 -65 -59 89 766 181 -225

Ratios Consolidated Figures in Rs. Crores / View Standalone

Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018
ROCE % 21% 21% 13% 14% 18% 18% 19% 19% 9% 12% 103%
Debtor Days 281 236 167 285 262 211 179 94 73 50 42 28
Inventory Turnover 5,850.14 1,869.90 1,816.37 1,394.18 2,254.18