Stock Snapshot
Price Performance
Recommendation Rationale
Strong growth outlook supported by B2B demand and international expansion, tempered by margin pressures.
Basis of our Recommendation
TBO Tek is poised for strong growth driven by robust B2B demand and strategic international expansion, despite facing some margin pressures due to integration costs. The company is expected to recover well post-geopolitical disruptions, supported by a favorable valuation and improving margins.
Why We Like This Stock
- Strong revenue growth driven by B2B demand
- Significant international expansion opportunities
- Improving margins despite current pressures
Things To Watch Out For
- Margin pressures due to integration costs
- Geopolitical challenges impacting growth
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,393 | 1,737 | 2,677 | 3,549 | 4,479 |
| Profit Before Tax (Cr.) | 231 | 256 | 291 | 437 | 557 |
| PBT Margin | 16.6% | 14.7% | 10.9% | 12.3% | 12.4% |
| Net Profit (Cr.) | 204 | 217 | 239 | 358 | 456 |
| EPS | 18.9 | 19.9 | 21.9 | 32.9 | 41.9 |
Company Overview
Show Company Profile
TBO Tek Limited operates travel distribution platforms in India and internationally. It offers an online technology platform which provides its customers access to book global travel inventory through travel suppliers like airlines, hotels, car rentals, transfers, cruises, insurance, rail services, and others. The company's products include hotels, air, packages, car rentals, transfers, sightseeing, rail, insurance, cargo, cruise, marine, and Umrah. TBO Tek Limited was incorporated in 2006 and is based in Gurugram, India.