THOMASCOOKNSEThomas Cook (India) Limited· Travel And TransportMediumNeutral
Announced Thu, 12 Feb · 18:58 IST

Thomas Cook (India) Limited has informed the Exchange about Transcript Earnings Conference Call

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Thomas Cook reported consolidated total income of INR 67,523 million for 9M FY26, up 8% YoY, with Q3 PBT at INR 897 million, growing 20% excluding a one-time Labour Code charge. The Forex segment delivered 10% EBIT growth to INR 316 million with margins expanding to 41.5% from 38.7%, driven by 25% retail sales growth and 39% growth in the Education segment. Sterling Holidays posted its best-ever quarter with revenue up 10% to INR 1,568 million, EBITDA margin of 36%, and remains net debt-free with INR 3,243 million in cash and investments. DEI saw EBITDA up 38% and EBIT up 42% on record Dubai performance. Management guided for double-digit earnings growth in FY27 and confirmed a move to the new lower tax regime from FY27, which will be EPS-positive.

Likely market impact

Positive for shareholders — the call showed margin expansion across key segments, a stronger balance sheet with net cash nearly doubling YoY to about INR 780 crores, and constructive FY27 guidance including double-digit earnings growth and a tax tailwind from the new tax regime.