TBO Tek Shares Price Jump After Q2FY26 Profit Rises to ₹68 Crore; Strong Growth Across Europe and APAC

New Delhi, November 4, 2025: Shares of TBO Tek Limited increased after the company announced Q2FY26 results. The company reported a 26% year-on-year (YoY) jump in revenue. The company also improved its profitability across key markets for the September quarter.

Q2FY26 Financial Highlights

The gross transaction value (GTV) for the quarter reached ₹8,901 crore for Q2FY26. This is a 12% YoY increase from ₹7,937 crore in Q2FY25. The revenue from operations increased 26% in Q2FY26 YoY. It reached ₹568 crore as compared to ₹451 crore. The gross profit also increased from ₹306 crore in Q2FY25 to ₹363 crore. This marked a 19% YoY increase.

The company’s adjusted EBITDA (pre-acquisition costs) rose by 16% YoY. It reached ₹104 crore in Q2FY26 from ₹90 crore. Whereas the adjusted EBITDA margin reached 18.32% from 16.56% in Q1FY26. Profit after tax also increased 12.4% YoY, from ₹68 crore to ₹60 crore. During the quarter, the company also recorded a one-time acquisition-related expense. It was of ₹13.15 crore after the company completed $125 million acquisition of Classic Vacations on October 1, 2025.

Growth Drivers

The major growth drivers were broad-based momentum across Europe, MEA, and APAC. The company’s domestic business also stabilised and recovered from previous degrowth trends. Its Hotels + Ancillaries segment grew 20.4% YoY. This contributes 64% of GTV and 87% of Gross Profit. Monthly transacting buyers also increased by 8% YoY and reached 30,662. This was driven by 23.6% growth in international markets.

On the key markets side, Europe is still the largest source market for the Hotels + Ancillaries segment. The growth was led by MEA, which increased 27% and APAC, which increased 41%. Further, the TBO Platinum program now includes 150+ partner hotels. This has strengthened premium travel offerings.

Management Commentary

The management showed enthusiasm regarding the Q2FY26 financial results. Ankush Nijhawan, Co-founder and Joint MD, said, “The quarter’s growth is broad-based across regions, led by strong momentum in international markets and early signs of stabilisation in India.”

Market Snapshot

The share price of TBO Tek Limited was trading at ₹1,639.30 as of November 04, 2025, 12:17 pm. This is a 9.53% or ₹142.70 rise from its previous close of ₹1,496.60. The intraday range so far was between ₹1,554.00 and ₹1,669.40. The company has had a positive trading session so far. Its total market capitalisation stood at ₹17,817.08 crore. Further, it had a total traded value and volume of ₹581.42 crore and 35.55 lakh shares, respectively.

TBO Tek Limited is one of the world’s leading travel distribution platforms. It facilitates global B2B travel transactions across hotels, flights, and ancillary services. The company is listed on both NSE and BSE under tickers TBOTEK and 544174, respectively. It is part of the NIFTY Smallcap 250 Index and operates under the Tour and Travel Related Services industry classification.

REF: https://nsearchives.nseindia.com/corporate/7235938746_03112025163534_PR.pdf

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