TBO Tek Limited has informed the Exchange about Investor Presentation
TBOTEK · price
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TBO Tek reported strong FY25 growth with revenue up 25% YoY to INR 1,737 Cr, gross profit up 29% to INR 1,193 Cr, and adjusted EBITDA up 22% to INR 329 Cr. GTV grew 16% YoY to INR 30,832 Cr, driven by a sharp shift in mix toward Hotels+ (59% of GTV vs 50% in FY24) and international expansion into 15+ new markets. Q4 FY25 revenue rose 21% to INR 446 Cr with adj. EBITDA of INR 79 Cr, though GTV growth moderated to 4% YoY partly due to the seasonal impact of Ramadan. The company holds a strong balance sheet with Rs 1,450+ Cr in cash, and guided to add ~100 key account managers and ~20 new countries by Q2 FY26, alongside the launch of its TBO Platinum luxury program.
The growth story remains intact with strong topline and profitability expansion, but slight margin compression in FY25 (adj. EBITDA margin 18.9% vs 19.4%) and softer Q4 GTV growth suggest near-term headwinds. For shareholders, this is a positive annual update reinforcing the global B2B travel thesis, though watch margin trends and international execution closely.