BSECompany Update3d ago · 3 Aug 2026, 07:19 pm
Analyst and Investor Earnings Conference call Presentation for the Earnings Call scheduled to be held on August 4, 2026.
Thomas Cook (India) Ltd · 500413
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Thomas Cook (India) Ltd has announced its Q1 FY27 financial performance, with Financial Services & Leisure Hospitality registering growth, while Travel Services held steady despite strong headwinds. The company's consolidated results were subdued due to the impact of the West Asia conflict on the Group's GCC-based subsidiaries.
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Earnings Impact5/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Thomas Cook (India) Ltd - 500413 - Announcement under Regulation 30 (LODR)-Investor Presentation
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August 3, 2026
The Manager, The Manager,
Listing Department Listing Department
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 Mumbai – 400 051
Scrip Code: 500413 Scrip Code: THOMASCOOK
Fax No.: 2272 2037/39/41/61 Fax No.: 2659 8237/38
Dear Sir/ Madam,
Sub: Analyst and Investor Earnings Conference Call Presentation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 and in continuation to our intimation dated July 21, 2026, please find enclosed a copy of Investor
Presentation on financial and business performance of the Company for the quarter ended June 30, 2026, for the Earnings
Call scheduled to be held on Tuesday, August 4, 2026.
This is for your information and records.
Thank you.
Yours faithfully,
For Thomas Cook (India) Limited
Amit J. Parekh
Company Secretary and Compliance Officer
Encl: a/a
Thomas Cook (India) Limited
Investor Presentation – Q1 FY27
August 03, 2026
TABLE OF CONTENTS
SR. NO. CONTENTS PAGE NO.
1 COMPANY SNAPSHOT 03
2 Q1 FY27 FINANCIAL PERFORMANCE 06
3 OVERVIEW: BUSINESS SEGMENTS 18
4 FINANCIAL DATA 50
5 ANNEXURE- STRATEGIC DIVESTMENT 53
COMPANY SNAPSHOT
Thomas Cook (India) Ltd — 145+ years, 28 countries, 4 engines, 800+ touchpoints
₹21.5 Bn 28 800+ CRISIL AA
Total Touchpoints (across the
Total Income Q1 FY27 Countries group) Credit Rating
300 TCIL and SOTC; 170+ PSA &
12% YoY 5 continents, owned operations Retained AA/Stable/ A1+ rating Part of Fairfax Group
GSA; 16 Airport Counters; 236
DEI Sites, 78 Sterling Resorts
Financial Services Travel & Related Services Leisure Hospitality Digital Imaging Solutions
TCIL's Unassailable Moat
Authorized Dealer (AD) Category II, Interbank Multi-Segment Leader. Multi-Geography Reach. Sterling Holiday Resorts : Wide network; DEI - Leading player in the Souvenir
player, low capex, high float, Structurally Debt-Free, Growing fast Imaging
B2B — DMS, MICE, Corporate & B2C - Leisure
superior returns.
Revenue (Q1 FY27) Revenue (Q1 FY27) Revenue (Q1 FY27) Revenue (Q1 FY27)
₹892 Mn ₹17,106 Mn ₹1,614 Mn ₹1,307 Mn
45.3% EBIT Margin 2.4% EBIT Margin 32.4% EBIT Margin
BRANDS
Travel & Related Services
Southern Africa
East Africa
Financial Services Leisure Hospitality & Resorts Digital Imaging Solutions
THOMAS COOK INDIA - COMPETITIVE MOAT
Core advantages no single competitor can replicate.
Brand Trust + Customer Experience True Omnichannel Distribution Diversity in Geography & Service Offerings
• 145+ year legacy of trust in travel and foreign exchange • TCIL’s reach combines Trust & Convenience • Presence across 28 countries / 5 continents
services • 300 retail branches (TCIL+SOTC) | 3,700+ Fx partners | 16 • Portfolio spans Travel, Forex, Hospitality, Digital Imaging
• Strong portfolio of 16 brands airport counters Services
• High-touch + tech-enabled service model • Forex and holiday decisions are high trust spending moments • Reduces cyclicality; enables cross-border demand capture +
• Physical presence converts not only walk-in leads but also resilience
concludes online inquiries
Financial Services - High-barrier, B2B & B2C Travel (Thomas Cook & Sterling Holiday Resorts - Execution DEI – Global & tech-enabled
high-trust, scale-driven model SOTC) - Covers the spectrum of & Scalability Moat ecosystem
Indian consumer arc
• Uniquely positioned in the space with AD II • Pan-India Leisure Footprint: 78 Resorts I 65 • Global Presence & Scale: Operations across 14
License, own Dealing room, Nostro accounts and Cities countries and tourist locations → network
• Trust-led brands offering group tours, FIT, and
SWIFT memberships • Focus on experiential, destination-led stays advantage
Customized group travel - from aspiration to
• Improving Retail Mix; Float income scales with (nature, hills, remote locations) • WeC - integrated, tech-enabled platform that
premium, end-to-end.
prepaid penetration • Asset-light expansion through managed/leased drives efficiency, engagement, and conversion
• B2B - Relationship-led services across corporate
• Zero proprietary FX risk properties across the customer journey
travel & MICE and DMS - end-to-end planning
• Brand Trust + Digital Layer: High-trust • Disciplined capital deployment driving operating • Exclusive Site Partnership
and execution.
Transactions supported by Website, App, leverage and superior returns
• B2B ~63% | B2C ~37% of total travel pie
WhatsApp, V-KYC
Cash & Cash Equivalents Capital-Efficient Growth Model
• Cash and Short-term Investments - Rs 26.5 bn, Total Debt Rs 2,688 Mn • Scale benefits across Travel, Forex, Hospitality and DEI support operating leverage
• Cash generation supports reinvestment for growth, technology initiatives and opportunities for shareholder • Asset-light expansion reduces capital intensity and improves return profile
value creation. • Digital initiatives help reduce servicing costs and improve processing efficiency
Q1 FY2027
FINANCIAL PERFORMANCE
Q1 FY27 FINANCIAL HIGHLIGHTS
(₹ Mn)
Thomas Cook India Limited delivers a resilient
SEGMENT PERFORMANCE
Q1 FY27 performance despite the challenging
INCOME FROM OPERATIONS EBIT geopolitical & business environment
Q1 FY27 Q1 FY26 YoY Q1 FY27 Q1 FY26 YoY
Financial Services & Leisure Hospitality registered growth,
while Travel Services held steady despite strong
Financial Services* 892 842 ▲6% 404 374 ▲8%
headwinds.
Travel & Related
17,106 19,784 ▼14% 405 811 ▼50% Consolidated Results were subdued largely due to the
Services
impact of the West Asia conflict on the Group’s GCC-
Leisure Hospitality &
based subsidiaries.
1,614 1,357 ▲19% 523 409 ▲28%
Resorts
Digital Imaging
1,307 2,097 ▼38% (152) 106 - Consolidated Total Income for Q1 FY27 stood at Rs.
Solutions
21,530 Mn, down by 12%,PBT for Q1 FY27 stood at Rs.
885 Mn, down by 21%.
Total 20,919 24,080 ▼13% 1,180 1,700 ▼31%
Excluding the GCC based subsidiaries (DEI & Desert
Adventures) the Consolidated results of the Group
CONSOLIDATED PERFORMANCE
registered a growth of 8% in EBIT for the quarter
Q1 FY27 Q1 FY26 YoY Q1 FY27 Q1 FY26 YoY
The Group navigated the difficult period with a
Other Income 611 451 ▲36% PBT 885 1,115 ▼21% combination of timely repricing to manage input cost
escalations, renegotiating with partners & prudent cost
PBTMargin% 4.1% 4.5% discipline.
▼44 bps
Total Income 21,530 24,530 ▼12%
PAT 637 736
▼13%
The Group continues to maintain a strong financial
EBIT 1,119 1,351 ▼17%
position, with Cash & short-term investments at Rs.
PATMargin% 3.0% 3.0%
▼4 bps
26,488 Mn as of June 30, 2026 vs Rs. 26,162 Mn as of
EBITMargin% 5.2% 5.5% ▼31 bps EPS (INR) 1.54 1.55 ▼1% March 31, 2026.
*Reported on net basis 7
MANAGEMENT COMMENTARY : Q1 FY27 PERFORMANCE
Commenting on the results, Mahesh Iyer - Managing Director & CEO
Thomas Cook (India) Limited said, “The first quarter of FY27 was
characterised by a highly volatile operating environment. The impact
was particularly severe on our GCC-based subsidiaries - Digital Imaging
(DEI) & Desert Adventures, that continue to be affected by the ongoing
conflict in the region. The Group delivered a resilient performance for
Q1 FY27 despite the challenging environment, with both Financial
Services & Leisure Hospitality registering growth, while Thomas Cook,
SOTC and TCI held steady despite strong headwinds in Travel Services.
The Group’s global operations remain strong, reflected by our EBIT
growth of 8% excluding the specific GCC-based subsidiaries, impacted
by the conflict.
While the operating environment continues to remain dynamic, we are
cautiously optimistic about the outlook for the remainder of the year.
Our focus remains on prudent financial management, driving
operational excellence through technology and innovation, and
strengthening our customer focus to deliver sustainable growth and
create long-term value for all our stakeholders.”
SEGMENT PERFORMAN
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