NSEGeneral Updates28 Jun 2026 · 28 Jun 2026, 11:24 pm

General Updates

TBO Tek Limited · TBOTEK

✦ AI Summary▲ PositiveExpansion

TBO Tek Limited has released an investor presentation highlighting its growth opportunities in the travel distribution industry, driven by the increasing demand for travel services, particularly among older and affluent travelers. The company's platform addresses the needs of both suppliers and buyers, providing a seamless experience for travelers. The presentation also showcases the company's growth milestones, including the acquisition of Affirma and Naspers' stake in TBO.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Please find enclosed the Investor Presentation.

Attachments (1)

📄

9810411243_28062026232325_SEInvestorPres28062026.pdf

pdf

Download →
View document text
June 28, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1 Dalal Street, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001, Maharashtra, India Mumbai - 400 051, Maharashtra, India Scrip Code: 544174 Symbol: TBOTEK Sub: TBO Tek Limited CIN: L74999DL2006PLC155233 ✉️ info@tbo.com | +91 124 4998999 Registered Office Address: Unit No. 501, 5th Floor, Worldmark-4, Asset Area No. LP-IB-04, Gateway District, Aerocity, Near Indira Gandhi International Airport, New Delhi – 110037 Corporate Office Address:Plot No. 728, Udyog Vihar Phase- V Gurgaon-122016 Haryana, India Your booking experience starts at www.tbo.com Investor Presentation Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Dear Sir/ Ma’am, Pursuant to Regulation 30 of the Listing Regulations, please find enclosed herewith the Investor Presentation. This disclosure will also be available on Company's website at https://www.tbo.com/engagement/investors/#StockExchangeSubmission Kindly take the same on record. Thanking you, Yours faithfully For and on behalf of TBO Tek Limited Neera Chandak Company Secretary & Compliance Officer Encl.: As above TBO.com: Travel Simplified Investor Presentation Disclaimer This presentation may contain statements which reflect Management’s current views and estimates and could be construed as forward-looking statements. The future involves risks and uncertainties that could cause actual results to differ materially from the current views being expressed. These risks and uncertainties include but are not limited to our growth and expansion plans, our ability to obtain regulatory approvals, technological changes, fluctuation in earnings, foreign exchange rates, our ability to manage international operations, our exposure to market risks as well as other risks. The Big opportunity The world is getting older and more prosperous Fertility 2.1 1.6 <1.5* Rates1 Between the years 2000-2005 Last Five Years (2018-2022) By 2050 66.8-68.5 72.46-73.16 >78.1* Lifespans2 Between the years 2000-2005 Last Five Years (2018-2022) By 2050 0.554 0.669 0.800* Income3 2005 Last Five Years (2018-2022) By 2050 Annual Work 1800-2200 1600-2000 1500-1700* Hours4 2005 2022 By 2050 Sources: 1: World Bank Data. 2: Data.who 3: Measured as Human Development Index (HDI): UNDP 4: CLOCKIFY. *: Estimated The Big opportunity Big Shift in Demographics The Developed World The Developing World Older and Very Prosperous Young, reaching higher income thresholds The Big opportunity Outbound Travel : New Megatrend 1 More and more people will travel outside of their countries 2 Assisted travel will be a very large opportunity 3 Longer trips with multiple services stitched together. For Older, affluent travelers: expertise, comfort, convenience, and novelty. The luxury-hospitality market is large, and growing faster Global spending on luxury leisure hospitality, by wealth segment, $ Billion CAGR Ultra High Net Worth Very High Net Worth High Net Worth Others 2023 2028P Source: McKinsey & Company - The state of tourism and hospitality 2024 Travel Distribution Industry Landscape High Complexity of travel needs Retail Buyers Tour Travel Agents Platform led Distribution Operators and Advisors Traditionally served by Regional Aggregators Economy Luxury Enterprise Buyers Loyalty OTAs API Distribution Programs Brand Traditionally served by Bed Banks Direct Low Complexity of travel needs Top Global 2-sided B2B Travel Distribution Platform Suppliers Retail Selling Buyers Direct APIs or through Platform supply aggregators Retail Buyers Hotels Travel Agencies Airlines Independent Travel Advisors T Retail Selling Platform Car Rentals a Integration API for Enterprise Customers Transfers l Payments Infrastructure Enterprise Buyers r Cruises Customer Service Tour Operators XML, Marketing Services JSON APIs Travel Management Insurance & Others Companies Loyalty Online Travel Agencies Rail Super apps, Loyalty Apps Connects travel buyers across the world serving end travelers with globally distributed travel suppliers to seamlessly create joyful experiences for all travelers Among Top 4 B2B Travel distribution platforms globally We address key needs of suppliers & buyers Discovery Trust Payments Service Real-time access Supplier Transact in 24x7, multi-lingual to global travel onboarding is respective local pre- and post- inventory of curated by TBO currencies booking support over 1 Million+ with strict SLAs hotels & 750+ Payments Platform supports Airlines. Assure service accepted in 88 16 languages Matching to Buyer delivery to the currencies preferences traveler Marketing channel Guarantee targeting global payment to Buyer base Supplier All numbers are as reported in 2024-25 Annual Report Our platform is core to retail buyers and suppliers The buyer onboarding process has 3 key steps… Marketing Driven Sales Driven Platform Driven Account Lead generation Nurturing onboarding Registered Travel Agent Base2 Inbound: Website registrations Seamless KYC1 with country specific Data led nurturingbysales through web search, referrals, identity validation effectiveness team till first 10 bookings travel trade shows (e.g.- ATM, SATTE, ITB,etc.) Our technology enables quick access to new supply Airlines Hotels Ancillary (Rentals, Transfers) Cruise & Rail Channel GDS managers Direct connectivity Direct Direct connectivity connectivity Airlines hosted platforms Third Party Third party New Distribution Capabilities Extranet Extranet 1. Know your customer; 2. As reported in 2024-25 Annual Report Our Journey through the years… Organic and Inorganic Growth Affirma acquired Naspers’ Stake in TBO TBO Naspers Acquired $1Bn GTV Milestone Acquired TBO goes Public and Incorporated Stake in TBO Bookabed AG lists on NSE and BSE 2011 2015 2019 2023 2025 2006 2012 2018 2022 2024 Commenced International Commenced First Acquisition – $10Mn GTV in one day Acquired Classic Operations in UAE Operations in Brazil Island Hopper Milestone Vacations General Atlantic acquired stake in TBO Acquired Jumbonline S.L.U. TBO’s Global Footprint Europe 256% North America 18% APAC 9% 3% 73% Latin America XX% YoY growth rate Regional share of Hotels & Ancillaries segment GTV for Q4’FY26. GTV is calculated basis source market (i.e. location of the booking agent) Strong quarter, demonstrating structural resilience against geopolitical headwinds Transacting buyers GTV Revenue Gross Profit Adj. EBITDA (Monthly) Reported 32,751 10,079 Cr. 814 Cr. 494 Cr. 111 Cr. (TBO Organic + CV) Up 15% YoY Up 29% YoY Up 83% YoY Up 59% YoY Up 40% YoY TBO Organic 30,063 9,038 Cr. 542 Cr. 355 Cr. 83 Cr. Up 6% YoY Up 16% YoY Up 21% YoY Up 14% YoY Up 5% YoY Our dynamic founding team is backed by an experienced board… Ravindra Dhariwal Ankush Nijhawan Gaurav Bhatnagar Akshat Verma Chairman and Independent Co-founder, Joint Managing Co-founder, Joint Managing Chief Technology Officer & Director Director Director Whole-time Director Prior : Pepsico Prior: Nijhawan Group Prior : Microsoft Prior : MakeMyTrip Bhaskar Pramanik Rahul Bhatnagar Anuranjita Kumar Shantanu Rastogi Independent Director Independent Director Independent Director Non-Executive Director Prior : Microsoft Prior : Pepsico Prior : Royal Bank of Scotland Prior : APAX Partners …and is supported by a deeply experienced team Gerardo Del Rio Melissa Krueger Akshat Verma Nishant Misra Peter Palli President – International CEO – Classic Vacations Chief Technology Officer Chief Product Officer Chief Supply Officer Prior: Hotelbeds, Dida Travel Prior: Travel Impressions Prior: MakeMyTrip Prior: Deutsche Bank Prior: Hilton, IHG Education: BBA Mexico Education: California State University Education: IIT Delhi, IIT Education: IIT Kanpur Kharagpur Aarish Khan Aditi Madhok KA Hamid Pramendra Tomar Vikas Jain Chief Commercial Officer, Chief Human Resourc [Showing first 8,000 characters — download PDF for full document]