Travel Food Services (NSE:TRAVELFOOD) ROE %: 33.49% (As of Mar. 2026) — 11% Below Median


NSE:TRAVELFOOD Travel Food Services Ltd NSE:TRAVELFOOD
20 GF Score
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What is Travel Food Services ROE %?

Travel Food Services NSE:TRAVELFOOD -2.16% 20 ROE % is 33.49% as of Mar. 2026, which is 11% below its 10-year median of 37.64. GuruFocus rates NSE:TRAVELFOOD with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 343 Restaurants companies, Travel Food Services ranks better than 86.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Travel Food Services's annualized net income for the quarter that ended in Mar. 2026 was ₹4,832 Mil. Travel Food Services's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹14,427 Mil. Therefore, Travel Food Services's annualized ROE % for the quarter that ended in Mar. 2026 was 33.49%.

The historical rank and industry rank for Travel Food Services's ROE % or its related term are showing as below:

NSE:TRAVELFOOD' s ROE % Range Over the Past 10 Years
Min: 1.24   Med: 37.64   Max: 45.78
Current: 28.47

During the past 5 years, Travel Food Services's highest ROE % was 45.78%. The lowest was 1.24%. And the median was 37.64%.

NSE:TRAVELFOOD's ROE % is ranked better than
86.01% of 343 companies
in the Restaurants industry
Industry Median: 6.48 vs NSE:TRAVELFOOD: 28.47

Travel Food Services  (NSE:TRAVELFOOD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4831.92/14427.11
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4831.92 / 18427.32)*(18427.32 / 22798.43)*(22798.43 / 14427.11)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.22 %*0.8083*1.5802
=ROA %*Equity Multiplier
=21.19 %*1.5802
=33.49 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4831.92/14427.11
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4831.92 / 6493.08) * (6493.08 / 5867.88) * (5867.88 / 18427.32) * (18427.32 / 22798.43) * (22798.43 / 14427.11)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7442 * 1.1065 * 31.84 % * 0.8083 * 1.5802
=33.49 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Travel Food Services ROE % Related Terms


Travel Food Services ROE % Historical Data

* Premium members only.

The historical data trend for Travel Food Services's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Travel Food Services ROE % Chart

Travel Food Services Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
1.24 45.78 37.64 37.69 35.34

Travel Food Services Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 39.05 34.24 44.80 33.49

NSE:TRAVELFOOD vs MCD, SBUX, YUM: ROE % Comparison

For the Restaurants subindustry, Travel Food Services's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Travel Food Services ROE % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Travel Food Services's ROE % distribution charts can be found below:

* The bar in red indicates where Travel Food Services's ROE % falls into.


NSE:TRAVELFOOD
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Travel Food Services Ltd NSE:TRAVELFOOD
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Travel Food Services ROE % Calculation

Travel Food Services's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=4410.27/( (10534.03+14427.11)/ 2 )
=4410.27/12480.57
=35.34 %

Travel Food Services's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=4831.92/( (0+14427.11)/ 1 )
=4831.92/14427.11
=33.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 33.49% mean?
Travel Food Services (NSE:TRAVELFOOD) has a ROE % of 33.49% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Travel Food Services and its competitors. This is 11% below median its historical median of 37.64. Over the past decade, Travel Food Services' ROE % has ranged from 1.24 to 45.78. According to the industry distribution chart, Travel Food Services ranks #48 out of 343 companies in the Restaurants industry, placing it in the top 14%.
Is Travel Food Services' ROE % too high?
Travel Food Services' current ROE % of 33.49% is 11% below median its 10-year median of 37.64. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 45.78. The Restaurants industry median ROE % is 6.48. Travel Food Services' value of 33.49% is 416.8% above this industry median. Based on the distribution chart, Travel Food Services ranks #48 out of 343 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Travel Food Services has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Travel Food Services' ROE % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Travel Food Services ranks #48 out of 343 companies for ROE %. This places Travel Food Services in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 6.48. Travel Food Services' value of 33.49% is 416.8% above this benchmark. Historically, Travel Food Services' own ROE % has ranged from 1.24 to 45.78 over the past decade. While the company's 10-year median is 37.64 vs. the industry median of 6.48, Travel Food Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Restaurants company?
The median ROE % among Restaurants companies is 6.48, based on 343 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Travel Food Services's current ROE % of 33.49% is 416.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Travel Food Services and its competitors. For the Restaurants industry, the median ROE % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Travel Food Services's current ROE % is 33.49%, which is 11% below median its own 10-year median of 37.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travel Food Services stock overvalued right now?
Travel Food Services (NSE:TRAVELFOOD) has a current ROE % of 33.49%. The current ROE % is 33.49%, which is 11% below median its 10-year median of 37.64 and 416.8% above the Restaurants industry median of 6.48. Travel Food Services' overall GF Score™ is 20/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Travel Food Services (NSE:TRAVELFOOD), the current ROE % is 33.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Travel Food Services Business Description

Other Exchanges 544443:India
Address Dr. Annie Besant Road, Block-A South Wing 1st Floor, Shiv Sagar Estate, Worli, Mumbai, MH, IND, 400 018
Travel Food Services Ltd is a player in the fast-growing Indian airport travel quick service restaurant (Travel QSR) and lounge sector. Its Travel QSR business comprises a range of curated food and beverage (F&B) concepts across cuisines, brands and formats, which have been adapted to cater to customers' demands for speed and convenience within travel environments. Its Lounge business comprises designated areas within airport terminals, accessible by first and business class passengers, members of airline loyalty programmes, select credit card and debit card holders and members of other loyalty programmes. The company had approximately had 37 Lounges across India, Malaysia and Hong Kong.
20GF Score

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