Stock Report

TBO Tek delivers a strong quarter

Posted On : 2026-05-29 14:36:21( TIMEZONE : IST )

TBO Tek Limited (BSE: 544174) (NSE: TBOTEK), one of the largest global travel distribution platforms, announced its audited financial results for FY2026 and Q4'FY2026 today.

Consolidated Financial Performance for Q4 FY26 [YoY Growth]

- GTV of ₹10,079 Cr v/s ₹7,788 Cr [+ 29% YoY]
- Revenue from operations of ₹814 Cr v/s. ₹446 Cr [+ 83% YoY]
- Gross Profit of ₹494 Cr v/s. ₹311 Cr [+ 59% YoY]
- Adjusted EBITDA of ₹111 Cr v/s. ₹79 Cr [+ 40% YoY].

*All numbers have been rounded off

Key Business Updates

FY2026 and Q4'FY2026 were impacted by Geopolitical and Macro headwinds with the business demonstrating structural resilience by delivering continued profitable growth across regions through the periods. Markets across India, Europe, MEA, APAC, North and Latin America showed broad based strength with +83% YoY revenue growth on a full year basis, with the consolidation of Classic Vacations adding to our scale of operations. The structural strength of our growth drivers and sustained tapering of our cost structures gives us confidence in the secular growth of our scale and profitability over the medium to long term.

- On a full year basis, within the Hotels + Ancillary Segment, Europe, APAC and MEA markets grew 22% YoY, 46% YoY and 22% YoY, respectively.

- The India business demonstrated a visible trend reversal through the year with H2's +12 YoY growth, despite multiple disruptions in December and March.

- At Classic Vacations, a bulk of the integration process ranging across platform, supply, commercial and talent is on track and will be completed by the end of Q3'FY27

- We closed the year with cash and cash equivalents (including Bank Balance, Bank Deposits and liquid investments) of ₹1,592 Cr.

Mr. Ankush Nijhawan, Co-founder and Joint MD, TBO Tek Limited said " FY26 acted as a real world stress test for the resilience of our business model. Despite multiple significant geopolitical disruptions across important travel corridors, the platform continued demonstrating resilience across both growth and profitability. The India business demonstrated a strong trend reversal with a return to solid trajectory with +12% YoY growth in H2".

Mr. Gaurav Bhatnagar, Co-founder and Joint MD, TBO Tek Limited said, "FY26 was marked by a significant investment cycle across commercial expansion, servicing capabilities, and organizational scale. As these investments matured through the year, the growth trajectory of SG&A expenses began moderating while the underlying growth engines of the platform continued strengthening. The operating performance during January and February clearly demonstrated the scalability characteristics of the platform, with Gross Profit growth meaningfully outpacing cost growth".

Shares of TBO TEK Limited was last trading in BSE at Rs. 1225.15 as compared to the previous close of Rs. 1216.75. The total number of shares traded during the day was 1987 in over 300 trades.

The stock hit an intraday high of Rs. 1229.00 and intraday low of 1200.00. The net turnover during the day was Rs. 2424181.00.