Thomas Cook India Ltd (NSE:THOMASCOOK)

Q1 2026 Thomas Cook (India) Ltd Earnings Call Transcript

Aug 1, 2025 / 06:00 AM GMT

Release Date Price: ₹160.43 (-5.26%)

Transcript

Key Points

Positve

Thomas Cook India Ltd (BOM:500413) reported a consolidated top line growth of 15% year-over-year, reaching 24,530 million despite challenging market conditions.
Profit before tax, excluding a one-time ex gratia payment, increased by 18% to 1,284 million, with PBT margins improving from 5.1% to 5.2%.
The company has been upgraded to an AA rating, the highest in India's travel and tourism sector, reflecting strong leadership and support from Fairfax.
Digital transformation initiatives, including AI-powered assistants and integration with Google Pay, are enhancing customer experience and operational efficiency.
Sterling Holiday Resorts, a subsidiary, delivered its best-ever Q1 performance, marking its 21st consecutive profitable quarter with an 8% revenue growth and a 25% increase in EBITDA.

Negative

The financial services segment saw a 7% year-over-year decline in revenue, impacted by geopolitical tensions and a decrease in Hajj travel.
Forex demand was adversely affected by geopolitical events, leading to a contraction in the segment's performance.
The exit from Delhi airport resulted in a reduction of transaction volumes, impacting the financial services segment.
Domestic travel faced challenges due to disruptions, leading to a negative forward booking growth trajectory.
The company's tax rate remains high at around 33-34%, with no immediate plans to transition to a lower tax regime.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

THOM.NS - Thomas Cook (India) Ltd
Q1 2026 Thomas Cook (India) Ltd Earnings Call
Aug 01, 2025 / 06:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to the Thomas Cook India Limited Q1 FI 26 earnings conference call hosted by Systematic share and stock. As a reminder, all participant lines will be in listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchtone phone.

I now have the conference over to Mr. Chetan Mahade from Systematics.

Thank you and over to you, Mr. Mahadek.

--------------------------------------------------------------------------------
Unidentified_2 [2]
----------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.