TBO Tek logo

TBO Tek share price

NSE: TBOTEKBSE: 544174Leisure ServicesSmall Cap

Last close ₹1,523.80down ₹21.90 (1.42%)BSE ₹1,522.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,545.70.

52-week range of traded prices to 23 Oct 2026
₹1,004.20Low, 23 Mar 2026₹1,772.50High, 7 Oct 2026
Market cap
₹16,547 Cr451st largest listed
P/E
62.5
P/B
10.7
Dividend yield
Nonein the last 12 months
ROE
19.3%
ROCE
14.9%
Debt to equity
0.42
Volume, NSE
1,16,16956.2% delivered

Share price

Daily closes since May 2024, adjusted for splits and bonuses

−4.4%over a year · Nifty 500 −9.8%

Results20-session average 2,22,609 shares a day, 53.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 29 Jul

Revenue
₹926 Crup 13.68%
Net profit
₹83 Crup 38.70%
Net margin
9.0%

Revenue by year

Peak revenue ₹2,677 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 13 NovDec 2024Filed 13 FebMar 2025Filed 12 JunJun 2025Filed 4 AugSep 2025Filed 3 NovDec 2025Filed 11 FebMar 2026Filed 13 JulJun 2026Filed 29 Jul
Revenue451422446511568784814926
Net profit6050596368546083
Net margin13.3%11.8%13.2%12.3%11.9%6.8%7.4%9.0%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Hotels & Packages₹2,239 Crup 63.25%83.6%
  • Air ticketing₹325 Crdown 0.91%12.1%
  • Others₹114 Crup 196.59%4.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 32% of 247 trading days over the last year.

LowestHighest
Its median66.4Industry median19.0
Price to book

At or below today's level on 21% of 549 trading days since Aug 2024.

LowestHighest
Its median12.4Industry median1.6
EV to EBITDA36.9

At or below today's level on 22% of 247 trading days over the last year.

LowestHighest
Its median41.2Industry median18.3

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−12.3%+6.3%−17.5%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026. Foreign institutions include 15.63% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Shareholding pattern

Shareholding by group

  • Promoters44.41%
  • Foreign institutions22.51%
  • Indian institutions27.20%
  • Individuals and others4.44%
  • Employee trusts1.44%
Holder
LAP TRAVEL PRIVATE LIMITEDPromoter21.60%
GAURAV BHATNAGARPromoter17.33%
GENERAL ATLANTIC SINGAPORE TBO PTE. LTDForeign direct investment14.40%
MANISH DHINGRAPromoter4.87%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I1.81%
TBO EMPLOYEES BENEFIT TRUSTEmployee benefit trusts1.44%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

115 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 46 of the 66 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Bought again
1
Added
32
Cut
34
Held unchanged
45
Fund
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund34,27,2970.71%₹577.6 Cr
Franklin Templeton Mutual Fund logoFranklin India Opportunities FundFranklin Templeton Mutual Fund28,29,6934.98%₹476.9 Cr
Canara Robeco Mutual Fund logoCanara Robeco Small Cap FundCanara Robeco Mutual Fund21,16,1162.55%₹356.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential India Opportunities FundICICI Prudential Mutual Fund20,91,1360.97%₹352.4 Cr
SBI Mutual Fund logoSBI Innovative Opportunities FundSBI Mutual Fund20,17,3976.63%₹340.0 Cr
Axis Mutual Fund logoAxis Small Cap FundAxis Mutual Fund19,98,9071.10%₹336.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund9,04,7681.13%₹152.5 Cr
Tata Mutual Fund logoTata Digital India FundTata Mutual Fund8,21,7171.49%₹138.5 Cr
Canara Robeco Mutual Fund logoCanara Robeco Multi Cap FundCanara Robeco Mutual Fund6,30,1641.87%₹106.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Flexi Cap FundICICI Prudential Mutual Fund5,94,2520.40%₹100.1 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Tour, Travel Related Services, 23 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to TBO Tek in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Indian Railway Catering and Tourism Corporation logoIndian Railway Catering and Tourism CorporationIRCTC35,31225.48.219.6+15.0%+4.1%34.9%37.3%2.04%
BLS International Services logoBLS International ServicesBLS8,57312.13.58.8+31.8%+24.9%33.7%25.4%1.20%
Waterways Leisure Tourism logoWaterways Leisure TourismCORDELIA6,516–9.0–––––0.00%
Le Travenues Technology logoLe Travenues TechnologyIXIGO6,46543.23.062.0+16.0%+210.8%10.5%3.4%0.00%
Thomas Cook  (India) logoThomas Cook (India)THOMASCOOK4,15719.01.68.5−4.3%−12.9%9.1%8.2%0.57%
Easy Trip Planners logoEasy Trip PlannersEASEMYTRIP2,219–––+1.5%−168.5%−6.9%−5.3%0.00%
Yatra Online logoYatra OnlineYATRA1,20338.61.417.0+9.3%−35.8%3.9%2.9%0.00%
Mach Travel Solutions logoMach Travel SolutionsMACHLTD41426.43.4–−2.2%+10.5%13.6%–0.25%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

TBO Tek share price by year

Each calendar year to 2025.TBO Tek share price history

YearClose at year endChangeHighest closeLowest close
20251,662.70−4.1%1,791.901,013.50
20241,734.15–1,928.601,376.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 15 May 2024.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,524.301,574.901,488.901,523.801,510.971,16,16956.2%
22 Oct 20261,552.001,574.401,516.101,545.701,549.1658,01843.0%
21 Oct 20261,616.001,629.501,552.701,571.501,578.8079,42953.3%
19 Oct 20261,608.101,640.001,606.001,613.601,623.7190,08453.8%
16 Oct 20261,635.901,644.801,620.101,627.501,629.5273,25763.3%
15 Oct 20261,665.801,674.901,624.001,627.901,637.8597,83962.3%
14 Oct 20261,643.401,679.001,643.401,668.001,662.801,04,26163.2%
13 Oct 20261,635.001,660.001,601.001,649.801,631.8764,31739.0%
12 Oct 20261,676.301,684.601,622.101,633.501,655.4986,92947.8%
9 Oct 20261,670.501,679.901,636.001,666.401,660.992,09,26661.0%
Prices in ₹ per share as traded, not adjusted.

About TBO Tek

TBO Tek Limited runs a travel distribution business that connects suppliers of travel products with travel agents and advisors. It aggregates travel inventory, including hotel and airline inventory, and distributes it to retail and enterprise buyers. It focuses on the business-to-agent segment, meaning it sells to travel agents, and it serves the premium and luxury segment in particular. Its platforms provide a unified technology, payments, credit and servicing layer for bookings.

The company reports its activity in hotels and ancillaries and in air. Hotels and ancillaries are spread across Europe, the Middle East and Africa, North America, Latin America, Asia Pacific and India. The company has more than 2,600 associates. Its registered office is in New Delhi and its corporate office is in Gurgaon, Haryana.

The group has two wholly owned subsidiaries and twenty step-down subsidiaries. Tek Travels DMCC is a wholly owned subsidiary, and the group also includes Jumbonline Accommodations & Services, incorporated in Spain, and Classic Vacations, incorporated in the USA.

It was incorporated in 2006. Its acquisitions include Island Hopper, Gemini Tours & Travels, BookaBed and Jumbonline. During the year to March 2026 it acquired Classic Vacations, a US-based luxury travel platform focused on premium leisure travel. Classic Vacations serves a network of more than 10,000 travel advisors and has direct contracts with more than 1,500 luxury hotel properties.

Ankush Nijhawan and Gaurav Bhatnagar are its co-founders and joint managing directors.

Legal name
TBO Tek Limited
NSE symbol
TBOTEK
BSE code
544174
ISIN
INE673O01025
Industry
Leisure Services
Listed
May 2024
Face value
₹1
CIN
L74999DL2006PLC155233
Corporate identity number, the registrar of companies' code for it