TBOTEKNSETBO Tek LimitedLowNeutral
Announced Thu, 28 May · 18:37 IST

TBO Tek Limited has submitted to the Exchange, Outcome of the Board Meeting dated May 28, 2026.

Board & Shareholder Meetings View source PDF

TBOTEK · price

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AI summary

TBO Tek's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone revenue for the year was ₹5,838.27 million (up 1.4% from ₹5,759.43 million). Profit after tax was ₹563.03 million versus ₹556.62 million last year. Q4 standalone profit after tax jumped to ₹192 million from ₹88.88 million in Q4 FY25. The auditors issued an unmodified opinion. The Board also appointed Grant Thornton Bharat LLP as internal auditors for FY 2026-27 and re-appointed three independent directors (Ravindra Dhariwal, Rahul Bhatnagar, and Anuranjita Kumar) for a second term, subject to shareholder approval at the AGM. The company completed full utilization of IPO proceeds during the year. A FEMA-related show cause notice involving ₹712.25 million in alleged contraventions remains under adjudication.

Likely market impact

Flat revenue growth and marginal profit increase suggest the company is maintaining steady performance. The FEMA matter remains a key risk factor given the material amount involved, though auditors did not modify their opinion. The acquisition of Classic Vacations LLC in October 2025 (USD 125 million) expands the group's global footprint.