Travels & Rentals Ltd
₹ 18.1
-4.99%
23 Feb
- close price
About
Incorporated in 1996, Travels & Rentals
Ltd offers Air, Hotel, Car, and other related services[1]
Key Points
- Market Cap ₹ 40.6 Cr.
- Current Price ₹ 18.1
- High / Low ₹ 55.5 / 14.7
- Stock P/E 13.3
- Book Value ₹ 13.3
- Dividend Yield 0.00 %
- ROCE 24.1 %
- ROE 15.0 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 966 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 536 days to 921 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 2.00 | 2.85 | 5.67 | 7.53 | 11.45 | 10.92 | |
| 1.07 | 1.27 | 3.29 | 3.18 | 3.84 | 3.69 | |
| Operating Profit | 0.93 | 1.58 | 2.38 | 4.35 | 7.61 | 7.23 |
| OPM % | 46.50% | 55.44% | 41.98% | 57.77% | 66.46% | 66.21% |
| 0.00 | 0.05 | 0.12 | 0.51 | 0.60 | 0.58 | |
| Interest | 0.86 | 0.67 | 0.29 | 0.61 | 3.78 | 3.63 |
| Depreciation | 0.07 | 0.05 | 0.07 | 0.06 | 0.06 | 0.07 |
| Profit before tax | 0.00 | 0.91 | 2.14 | 4.19 | 4.37 | 4.11 |
| Tax % | 23.08% | 29.44% | 29.36% | 26.32% | ||
| 0.04 | 0.69 | 1.51 | 2.97 | 3.22 | 3.04 | |
| EPS in Rs | 1.00 | 17.25 | 3.78 | 1.82 | 1.44 | 1.36 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 59% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 67% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -68% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 20% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.76 | 1.76 | 2.01 | 8.14 | 11.20 | 11.20 |
| Reserves | 2.46 | 3.15 | 5.40 | 6.64 | 17.04 | 18.60 |
| 8.31 | 7.56 | 5.61 | 4.71 | 19.81 | 18.99 | |
| 0.27 | 0.87 | 3.45 | 5.21 | 4.56 | 5.36 | |
| Total Liabilities | 12.80 | 13.34 | 16.47 | 24.70 | 52.61 | 54.15 |
| 0.53 | 0.48 | 0.41 | 0.36 | 0.32 | 0.29 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.70 | 0.70 | 0.59 | 0.59 | 0.59 | 0.59 |
| 11.57 | 12.16 | 15.47 | 23.75 | 51.70 | 53.27 | |
| Total Assets | 12.80 | 13.34 | 16.47 | 24.70 | 52.61 | 54.15 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.10 | 1.70 | 3.02 | -3.50 | -21.47 | |
| -0.05 | -0.15 | 0.14 | 0.67 | 0.50 | |
| -0.04 | -1.51 | -3.16 | 2.90 | 21.56 | |
| Net Cash Flow | 0.01 | 0.04 | 0.00 | 0.07 | 0.59 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 994.62 | 767.14 | 563.92 | 652.44 | 966.21 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 994.62 | 767.14 | 563.92 | 652.44 | 966.21 |
| Working Capital Days | 1,115.08 | 672.37 | 251.70 | 436.74 | 920.95 |
| ROCE % | 12.64% | 19.07% | 29.53% | 24.13% |
Documents
Announcements
-
Reply To The Clarification Sought On Movement In Price Of The Shares Of The Company Across Exchange Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.
11 Feb - Company informs BSE that share price movement is market-driven; no undisclosed price-sensitive information (dated 11-02-2026).
-
Clarification sought from Travels & Rentals Ltd
10 Feb - Exchange has sought clarification from Travels & Rentals Ltd on February 10, 2026 with reference to significant movement in price, in order to ensure that …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Feb - ICDR Regulations, please find attached Pre- Issue Advertisement for Rights Issue.
-
Outcome Of The Meeting Of The Board Of Travels & Rentals Limited
22 Jan - Board approved Letter of Offer for rights issue; dispatch to eligible shareholders; Record Date Jan 28, 2026.
-
Intimation Of Receipt Of International Securities Identification Number ('ISIN') For The Purpose Of Credit Of The Rights Entitlements Of The Company
22 Jan - Obtained ISIN INE0SG020011; rights issue opens Feb 5, 2026; closes Mar 6, 2026; renunciation Mar 2, 2026.
Business Overview:[1][2]
TRL started as a Business Travel Agency with a focus on Air, Hotel, Car, and other related services for B2B clients initially through its back office and later on through websites and call center sales. Over time, it has expanded its channels of sales to International Companies and small travel agents (B2B2C). It also started services and products such as after sales servicing, VIP services, Emergency Help Desk etc.
Currently, the company operates primarily in the travel and rental services' domain, offering corporate travel solutions and individual leisure and personalized travel services. It has also diversified into value-added services, which includes curated experiences, hospitality tie-ups, and digital booking solutions