# TBOTEK (TBOTEK) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/tbotek

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,712
- Change: +3.90%
- As of: 2026-09-18
- 1D return: +3.82%
- 5D return: +2.33%
- 1M return: +0.47%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 17, 2026, the stock is trading at ₹1647.7, showing a mixed technical stance across timeframes. The daily chart indicates a potential consolidation phase, with the price below the 20-day Exponential Moving Average (EMA) at ₹1672.85 and the 20-day Simple Moving Average (SMA) at ₹1695.54, but above the 50-day SMA at ₹1606.42 and the 200-day SMA at ₹1434.9. The Supertrend indicator on the daily chart is bullish at ₹1545.09. In contrast, the weekly and monthly timeframes present a stronger bullish alignment, with the price trading above key moving averages and the Supertrend indicator. The weekly Supertrend is bullish at ₹1375.41, and the monthly Supertrend is bearish at ₹1993.88, indicating a divergence in the longest timeframe. Recent market activity shows 2 positive attention events and 2 negative attention events in the last 30 days.

The stock is currently positioned near its nearest resistance level at ₹1652.73, approximately 0.31% above the current price. Key support is observed at ₹1641.92, about 0.35% below the current price. The stock's volatility is notable, with an annualized volatility of 42% and an Average True Range (ATR) of 3.35%. The current drawdown stands at -8%, with a maximum drawdown of -43% observed historically.

Key watch conditions include monitoring the price action around the ₹1652.73 resistance level. A sustained move above this level could signal further upside potential, supported by the bullish signals on the daily and weekly charts. Conversely, a break below the ₹1641.92 support level, especially with increased volume, might indicate a weakening of the short-term trend and a potential test of lower support levels. The divergence between the monthly and other timeframes warrants attention, as a shift in the monthly trend could impact the longer-term outlook.

- The stock closed at ₹1647.7 on September 17, 2026.
- Nearest resistance is at ₹1652.73 (0.31% above current price).
- Nearest support is at ₹1641.92 (0.35% below current price).
- Daily chart shows price below 20-day EMA (₹1672.85) and 20-day SMA (₹1695.54), but above 50-day SMA (₹1606.42).
- Weekly and monthly charts show price above key moving averages, with a bullish Supertrend on the weekly timeframe (₹1375.41) and a bearish Supertrend on the monthly timeframe (₹1993.88).
- Annualized volatility is 42%, and current drawdown is -8%.

- Inside Bar
- Doji
- Bearish Engulfing Reversal
- Hammer
- Harami

### News Context

TBO Tek Limited held its 20th Annual General Meeting (AGM) on August 27, 2026, where all proposed resolutions were approved by shareholders. Key among these was the adoption of the audited financial statements for the fiscal year ending March 31, 2026. The meeting also saw the re-appointment of several directors, including Ankush Nijhawan as a director liable to retire by rotation, and Ravindra Dhariwal, Rahul Bhatnagar, Anuranjita Kumar, and Bhaskar Pramanik as Non-Executive Independent Directors for their second terms. Shareholder approval was also granted for the remuneration of Non-Executive Directors. Separately, on September 17, 2026, the company informed the exchange about a scheduled Analysts or Institutional Investors Meet.

- On August 27, 2026, TBO Tek Limited's 20th AGM approved all resolutions, including the adoption of audited financial statements for FY ended March 31, 2026.
- Shareholders re-appointed Ankush Nijhawan as a director at the August 27, 2026 AGM.
- Four Non-Executive Independent Directors – Ravindra Dhariwal, Rahul Bhatnagar, Anuranjita Kumar, and Bhaskar Pramanik – were re-appointed for their second terms following the August 27, 2026 AGM.
- Remuneration for Non-Executive Directors was approved by shareholders at the August 27, 2026 AGM.
- TBO Tek Limited announced a schedule for an Analysts or Institutional Investors Meet on September 17, 2026.

- TBO Tek Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Please find enclosed Voting Results and Consolidated Scrutinizer's Report |SUBJECT: Shareholders meeting
- TBO Tek Limited has informed the Exchange about the proceedings of the 20th Annual General Meeting. |SUBJECT: Shareholders meeting
- TBO Tek Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)
- TBO TEK LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA

### What Changed

TBO Tek's stock experienced a modest increase, closing at ₹1647.7 on September 17, 2026, up from ₹1631.4 the previous day. This marks a slight upward movement in the stock's price. No new filings or news were reported for the company as of September 18, 2026, indicating that the recent price change occurred without new public disclosures or significant market events. The company continues to be listed on the NSE.

- Stock closed at ₹1647.7 on September 17, 2026.
- Stock closed at ₹1631.4 on September 16, 2026.
- No new filings or news were reported as of September 18, 2026.
- The company is listed on the NSE.

### Official Filings

TBO Tek Limited's recent disclosures center on corporate governance and investor engagement. The company held its 20th Annual General Meeting (AGM) on August 27, 2026, where shareholders approved all seven resolutions. Key among these was the adoption of the audited financial statements for the fiscal year ending March 31, 2026. The AGM also saw the re-appointment of Mr. Ankush Nijhawan as a director and the re-appointment of four Non-Executive Independent Directors: Mr. Ravindra Dhariwal, Mr. Rahul Bhatnagar, Ms. Anuranjita Kumar, and Mr. Bhaskar Pramanik. Their re-appointment terms vary, with some extending to November 2031. Shareholder approval was also granted for the remuneration of non-executive directors. In parallel, TBO Tek has been actively engaging with investors and analysts, with scheduled meetings and conference calls throughout September 2026. These include participation in the Goldman Sachs Asia Leaders Conference, the Jefferies 5th India Forum, and the Anand Rathi Annual Flagship Conference. The company has stated that no unpublished price-sensitive information will be disclosed during these events.

- On August 27, 2026, TBO Tek Limited's 20th AGM approved the audited financial statements for the fiscal year ended March 31, 2026.
- Shareholders re-appointed Mr. Ankush Nijhawan as a director at the August 27, 2026 AGM.
- Four Non-Executive Independent Directors, Mr. Ravindra Dhariwal, Mr. Rahul Bhatnagar, Ms. Anuranjita Kumar, and Mr. Bhaskar Pramanik, were re-appointed for second terms at the August 27, 2026 AGM, with terms extending up to November 2031 for some.
- Remuneration for non-executive directors was approved by shareholders at the August 27, 2026 AGM.
- TBO Tek Limited officials are scheduled to attend multiple investor conferences in September 2026, including events hosted by Goldman Sachs, Jefferies, and Anand Rathi.

- TBO Tek Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Please find enclosed Voting Results and Consolidated Scrutinizer's Report |SUBJECT: Shareholders meeting
- TBO Tek Limited has informed the Exchange about the proceedings of the 20th Annual General Meeting. |SUBJECT: Shareholders meeting
- TBO Tek Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)
- TBO TEK LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- TBO Tek Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Please find enclosed the Schedule of Investor Conference. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

TBO Tek's recent financial performance shows a consistent upward trend in revenue and profitability. Revenue from operations increased sequentially from ₹784.33 crore in Q3 FY2025-26 to ₹925.78 crore in Q1 FY2026-27. This top-line growth has been accompanied by an expansion in profitability, with Profit Before Tax rising from ₹66.10 crore in Q3 FY2025-26 to ₹103.29 crore in Q1 FY2026-27. The company's net profit, or Profit Loss For Period, also saw a significant increase, moving from ₹53.69 crore to ₹83.36 crore over the same periods. While Finance Costs remained relatively stable, hovering around ₹14.55 crore to ₹14.89 crore, the growth in revenue outpaced the rise in expenses, contributing to improved profit margins. Comprehensive income for the period, however, showed some fluctuation, increasing from ₹61.70 crore in Q3 FY2025-26 to ₹90.30 crore in Q4 FY2025-26 before slightly decreasing to ₹86.77 crore in Q1 FY2026-27. The key monitoring area remains the translation of revenue growth into sustained profit growth and the management of comprehensive income.

- Revenue from operations grew from ₹784.33 crore in Q3 FY2025-26 to ₹925.78 crore in Q1 FY2026-27.
- Profit Before Tax increased from ₹66.10 crore in Q3 FY2025-26 to ₹103.29 crore in Q1 FY2026-27.
- Profit Loss For Period rose from ₹53.69 crore in Q3 FY2025-26 to ₹83.36 crore in Q1 FY2026-27.
- Finance Costs remained stable, between ₹14.55 crore and ₹14.89 crore from Q3 FY2025-26 to Q1 FY2026-27.
- Comprehensive Income for the period fluctuated, reaching ₹90.30 crore in Q4 FY2025-26 and ₹86.77 crore in Q1 FY2026-27.

### Bull Case

The company's stock is exhibiting strength across multiple technical timeframes, suggesting positive momentum. On a daily basis, the Super Trend indicator is bullish, and the 50-day Simple Moving Average (SMA 50) shows a positive slope of 14.65. This is further supported by weekly trends where the Super Trend is also bullish, and the 20-day Exponential Moving Average (EMA 20) has a strong positive slope of 98.42. The stock is trading above its 200-day SMA (₹1434.9), indicating a longer-term uptrend. Recent performance shows a notable increase, with a 6-month return of 40% and a 3-month return of 13%.

- Daily Super Trend indicator is bullish as of 2026-09-17.
- Weekly Super Trend indicator is bullish as of 2026-09-17.
- The 50-day SMA slope on a daily timeframe is positive at 14.65 as of 2026-09-17.
- The stock's 6-month return was 40% and its 3-month return was 13%.

### Bear Case

The company's stock exhibits mixed technical signals. While the daily trend indicators suggest a bullish sentiment with the Supertrend at ₹1545.09, the monthly trend shows a bearish direction with the Supertrend at ₹1993.88. The stock's price is currently trading near its nearest resistance level of ₹1652.73, which is 0.31% away. Furthermore, the stock has experienced a maximum drawdown of -43% and a current drawdown of -8%, indicating significant historical volatility and recent pullbacks. The annualized volatility stands at 42%.

- The monthly trend indicator (Supertrend) is bearish at ₹1993.88.
- The stock is trading near its nearest resistance level of ₹1652.73, which is 0.31% higher.
- The stock has experienced a maximum drawdown of -43% and a current drawdown of -8%.
- Annualized volatility is recorded at 42%.

### FAQs

**What was the outcome of TBO Tek Limited's 20th Annual General Meeting (AGM) held on August 27, 2026?**

At the 20th AGM on August 27, 2026, TBO Tek Limited shareholders approved all seven resolutions presented. This included adopting the audited financial statements for the fiscal year ended March 31, 2026, and re-appointing Ankush Nijhawan as a director. Additionally, shareholders re-appointed four Non-Executive Independent Directors: Ravindra Dhariwal, Rahul Bhatnagar, Anuranjita Kumar, and Bhaskar Pramanik for their second terms, and approved remuneration for non-executive directors. The meeting was conducted via video conference.

**How has TBO Tek Limited's stock performed over different recent periods?**

As of September 17, 2026, TBO Tek Limited's stock has shown varied performance across different timeframes. It experienced a 13% increase in the last three months and a significant 40% rise in the last six months. However, the stock saw a 3% decline in the past month and a 6% decrease since the beginning of the year (YTD). Over the past year, the stock has shown a 3% increase.

**What are the key technical indicators for TBO Tek Limited as of September 17, 2026?**

As of September 17, 2026, TBO Tek Limited's daily trend indicators suggest a mixed picture. The Supertrend indicator is 'bullish' at ₹1545.09, while the 50-day Simple Moving Average (SMA) slope is positive at 14.65. However, the 20-day Exponential Moving Average (EMA) slope is negative at -11.35. On a monthly basis, the Supertrend indicator is 'bearish' at ₹1993.88, with a lower ADX (10.93) compared to the daily (24.85) and weekly (26.53) trends, indicating potentially less directional momentum on a monthly scale.

**What are the nearest support and resistance levels for TBO Tek Limited's stock?**

As of September 17, 2026, the nearest identified resistance level for TBO Tek Limited is ₹1652.73, which is 0.31% above the current price. Further resistance levels are noted at ₹1674.07 (1.6% higher) and ₹1682.43 (2.11% higher). On the downside, the nearest support level is ₹1641.92, which is 0.35% below the current price. Other support levels are identified at ₹1626.37 (1.29% lower) and ₹1605.03 (2.59% lower).

- TBO Tek Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Please find enclosed Voting Results and Consolidated Scrutinizer's Report |SUBJECT: Shareholders meeting
- TBO Tek Limited has informed the Exchange about the proceedings of the 20th Annual General Meeting. |SUBJECT: Shareholders meeting
- TBO Tek Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)
- TBO TEK LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,652
- Risk regime: Price Risk Currently Contained

### Support levels
- 1641.925
- 1537.9312499999999
- 1465.55078125

### Resistance levels
- 1732.75625
- 1746.2
- 1845.55

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +3.82% |
| return_10 | -1.33% |
| return_1m | +0.14% |
| return_1y | +6.87% |
| return_20 | +0.47% |
| return_3m | +16.75% |
| return_5 | +2.33% |
| return_6m | +46.16% |
| return_since_start | -2.89% |
| return_ytd | +5.35% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -43.44% |
| annualized_volatility | +41.60% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Jumps 81% Year-on-Year, but Profit Margins Narrow

In the quarter ended 30 June 2026, TBO Tek Limited reported revenue from operations of ₹925.78 crore, an 81% increase from the same quarter last year. While net profit rose sharply quarter-on-quarter, the profit margin relative to revenue was lower than a year ago. Comprehensive income declined both sequentially and year-on-year, as other comprehensive income contributed less than in prior periods, even as accounting profit increased.

## Revenue Growth and Expense Scaling

Revenue from operations rose to ₹925.78 crore in the quarter, up 13.7% from the previous quarter and 81.1% from the same quarter last year. Total expenses increased to ₹835.38 crore, growing 10.9% sequentially and 83.0% year-on-year. On a sequential basis, expenses grew at a slower pace than revenue. Over the year, however, expenses expanded slightly faster than revenue. This difference in growth rates narrowed the profit before tax margin from 14.7% in the prior year quarter to 11.2% in the current quarter.

## Profitability and Comprehensive Income Divergence

Net profit (profit loss for the period) increased 38.7% sequentially to ₹83.36 crore, following a 40.2% rise in profit before tax to ₹103.29 crore. Tax expense for the quarter was ₹19.94 crore. 

Comprehensive income for the period was ₹86.77 crore, a 3.9% decline from the previous quarter's ₹90.30 crore and a 3.8% decline from the prior year quarter's ₹90.22 crore. This divergence occurred because other comprehensive income added only ₹3.41 crore to the period's net profit, compared to ₹30.20 crore in the March 2026 quarter and ₹27.25 crore in the same quarter last year. Consequently, total comprehensive value fell despite the stronger accounting profit.

## Expense Composition and Cost Trends

The largest reported expense component was "Other Unallocable Expenditure," which stood at ₹434.50 crore, up 72.0% from ₹252.68 crore in the prior year quarter. Finance costs rose to ₹14.58 crore from ₹5.26 crore a year earlier, an increase of 176.9%. Employee benefit expenses were ₹179.37 crore, and depreciation was ₹33.04 crore.

## Key Takeaway

Revenue grew 81% year-on-year to ₹925.78 crore, but expenses grew slightly faster, causing the profit before tax margin to narrow from 14.7% to 11.2%. Sequentially, profit growth outpaced revenue growth. Comprehensive income declined both from the previous quarter and the same quarter last year, as the contribution from other comprehensive income was significantly smaller than in prior periods, even as net profit rose.

### Ratios

## Official filings

- 2026-09-17 — Generic Announcement: TBO Tek Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20299_WebXMLFile_20260917_154827692.xml)
- 2026-08-31 — Generic Announcement: TBO Tek Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_31082026195322_Results31082026.pdf)
- 2026-08-27 — Generic Announcement: TBO Tek Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_27082026192118_SEProceedings.pdf)
- 2026-08-27 — Generic Announcement: TBO Tek Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_27082026194434_SEReappointment.pdf)
- 2026-08-27 — Generic Announcement: TBO Tek Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_20299_WebXMLFile_20260827_195316417.xml)
- 2026-08-26 — Generic Announcement: TBO Tek Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20299_WebXMLFile_20260826_112338888.xml)
- 2026-08-25 — Generic Announcement: TBO Tek Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_25082026164108_Schedule25082026.pdf)
- 2026-08-06 — Generic Announcement: TBO Tek Limited will hold its 20th Annual General Meeting on August 27, 2026, via video conferencing. The notice and annual report for the financial year 2025-26 were dispatched electronically on August 5, 2026. E-voting will be open from August 23 to August 26, 2026. NSDL has been appointed as the agency for e-voting services. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_06082026121721_SE_NP_Adv_updated.pdf)
- 2026-08-05 — Official Filing: TBO Tek Limited has disclosed the transcripts of its earnings call for the first quarter of the 2026-27 fiscal year, which took place on July 30, 2026. The transcripts were uploaded to the company's website on August 5, 2026, at 17:55:00.
- 2026-08-05 — Official Filing: TBO Tek Limited will hold its Twentieth Annual General Meeting on August 27, 2026, at 12:00 PM in Gurugram, conducted via Video Conference or Other Audio-Visual Means. The agenda includes adopting the audited financial statements for the fiscal year ending March 31, 2026, re-appointing Mr. Ankush Nijhawan as a Director until March 31, 2029, and re-appointing Mr. Ravindra Dhariwal, Mr. Rahul Bhatnagar, Ms. Anuranjita Kumar, and Mr. Bhaskar Pramanik as Non-Executive Independent Directors for their second terms. The meeting will also seek approval for the remuneration of non-executive directors.
- 2026-08-05 — Generic Announcement: TBO Tek Limited will hold its 20th Annual General Meeting on August 27, 2026, via video conference. The company has submitted the notice for the AGM and the Annual Report for the Financial Year 2025-26. These documents are available to members via email and on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_05082026150802_SEAnnualReport05082026.pdf)
- 2026-08-05 — Generic Announcement: TBO Tek Limited has filed a transcript of its Q1 FY27 Earnings Conference Call held on July 30, 2026. The call discussed the company's performance during a challenging quarter impacted by Middle East disturbances, which led to global travel disruptions and high airfares. Despite these challenges, TBO Tek reported growth in both top-line and bottom-line, attributing resilience to its diverse source markets and strategic investments in Europe and North America, including the acquisition of Classic Vacations. The company also highlighted visible operating leverage, with EBITDA margins growing faster than revenue margins, and introduced constant currency reporting for greater transparency due to significant currency fluctuations. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_05082026173620_SETranscript.pdf)
- 2026-08-05 — Generic Announcement: TBO Tek Limited has filed its Business Responsibility and Sustainability Report for the Financial Year 2025-26, including an Independent Limited Assurance Report from S.R. Batliboi & Co. LLP. The report details the company's operations, employee information, and sustainability initiatives. It also addresses material responsible business conduct issues such as privacy, data security, business ethics, human rights, diversity, and climate change. The company has established policies and procedures for ethical conduct, anti-bribery, and employee well-being, with Joint Managing Directors overseeing implementation and oversight. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_05082026151750_SEBRSR05082026.pdf)
- 2026-08-04 — Generic Announcement: TBO Tek Limited announced its 20th Annual General Meeting will be held on August 27, 2026, via video conference. Separately, GSK India reported its unaudited financial results for the quarter ended June 30, 2026, with revenue from operations at ₹92,442 Lakhs (standalone) and ₹93,844 Lakhs (consolidated). Sundaram Asset Management Company appointed Ronak Shah as Associate Fund Manager – Fixed Income, effective August 3, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_04082026123958_SENewspaper_signed.pdf)
- 2026-07-30 — Generic Announcement: TBO Tek Limited has uploaded the audio recording of its Investor Earnings Conference Call held on July 30, 2026. The call discussed the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The recording is available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_30072026202733_SERecording30072026.pdf)
- 2026-07-30 — Generic Announcement: TBO Tek Limited announced the publication of its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The advertisements were published on July 30, 2026, in the Financial Express (English) and Jansatta (Hindi) newspapers. This disclosure is also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_30072026142639_Newspaper_Ad.pdf)
- 2026-07-30 — Official Filing: TBO Tek Limited has disclosed an audio recording of its earnings call held on July 30, 2026. The recording was uploaded to the company's website on July 30, 2026, at 20:00:00. The earnings call concluded at 17:00:00 on the same date. Prior intimation of this earnings call was provided to the exchange on July 22, 2026.
- 2026-07-29 — Generic Announcement: The Board of Directors of TBO Tek Limited approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board also approved the re-appointment of Mr. Bhaskar Pramanik as a Non-Executive Independent Director for a second term, subject to member approval at the AGM. The company is contesting an adjudication proceeding related to alleged violations of the Foreign Exchange Management Act, 1999, involving INR 712.25 million in contraventions, with the final outcome and financial impact currently unascertained. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_29072026180820_Outcome_of_Board_meeting___29072026.pdf)
- 2026-07-29 — Generic Announcement: TBO Tek Limited reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company achieved a Gross Transaction Value (GTV) of ₹11,154 crore, a 37% year-over-year increase, with organic GTV growing 22% YoY to ₹9,918 crore. Adjusted EBITDA grew 25% YoY for the organic business, reaching 18% margin. Cash and cash equivalents increased by ₹392 crore to ₹1,984 crore as of June 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_29072026183048_Letter_to_Shareholders_29072026.pdf)
- 2026-07-29 — Press Release: TBO Tek Limited announced its unaudited financial results for Q1 FY27 on July 29, 2026. The company reported a 37% year-over-year increase in Gross Transaction Value (GTV) to ₹11,154 crore and an 81% year-over-year increase in revenue to ₹926 crore. Adjusted EBITDA grew 77% year-over-year to ₹150 crore, and Profit After Tax increased by 32% year-over-year to ₹83 crore. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_29072026182903_Press_Release_29072026.pdf)
- 2026-07-29 — Generic Announcement: TBO Tek Limited has issued a revised shareholders' letter for the quarter ended June 30, 2026, correcting an inadvertent error in the previously submitted unaudited financial results. The company reported a Gross Transaction Value (GTV) of ₹11,154 Cr for the quarter, a 37% year-over-year increase, with organic GTV reaching ₹9,918 Cr. Adjusted EBITDA grew 25% year-over-year to ₹106 Cr for the organic business, with an expanded Adjusted EBITDA margin of 17.8%. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_29072026230050_Letter_to_Shareholders_29072026_.pdf)
- 2026-07-29 — Official Filing: TBO TEK LIMITED's Board of Directors approved the re-appointment of Mr. Bhaskar Pramanik as a Non-Executive Independent Director for a second term, effective November 24, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The decision was made during a board meeting held on July 29, 2026.
- 2026-07-29 — Generic Announcement: The Board of Directors of TBO Tek Limited approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board also approved the re-appointment of Mr. Bhaskar Pramanik as a Non-Executive Independent Director for a second term, subject to member approval at the AGM. The company is contesting an adjudication proceeding related to alleged violations of the Foreign Exchange Management Act, 1999, involving INR 712.25 million in contraventions, with the final outcome and financial impact currently unascertained. — [Official attachment](https://nsearchives.nseindia.com/corporate/9810411243_29072026181359_Outcome_of_Board_meeting___29072026.pdf)
- 2026-07-22 — Official Filing: TBO Tek Limited will hold a virtual earnings conference call for investors and analysts on July 30, 2026, at 16:00 IST to discuss the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting will be accessible to all investors and the general public via a provided Zoom webinar link. Forum Goshar can be contacted for further details.
- 2026-07-22 — Official Filing: TBO Tek Limited will hold a board meeting on July 29, 2026, to consider its unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to July 31, 2026.

## News and market events

- 2026-08-05 — Economic Times: **Market Trading Guide: TBO Tek among 2 stock recommendations for Thursday** — Indian markets surrendered early gains to end lower, but realty, auto and metal stocks outperformed. Analysts recommend Kirloskar Brothers and TBO Tek as breakout buys, citing bullish technical patterns, strong momentum, improving volumes and favourable risk-reward setups for short-term gains. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/market-trading-guide-tbo-tek-among-2-stock-recommendations-for-thursday/articleshow/132944362.cms)
- 2026-08-04 — Mint: **Raja Venkatraman recommends three stocks for 4 August | Stock Market News** — Market expert Raja Venkatraman shares his top stock picks for 4 August. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-4-august-11785804004747.html)
- 2026-08-03 — CNBC-TV18: **Muthoot, Zee, Urban Company and other buzzing stocks in trade today** — Trading on the Nifty 500 turned volatile in early deals on Monday, with a mixed bag of quarterly earnings, brokerage calls and regulatory action driving sharp stock-specific moves. While some counters rallied on strong numbers and momentum, others slipped despite healthy results as investors zeroed in on management commentary and one-off factors. Here's a look at the top gainers and losers on the Nifty 500 today. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-today-urban-company-blue-dart-muthoot-finance-zee-hfcl-q1-results-19959996.htm)
- 2026-07-31 — MONEYCONTROL: **Buy TBO Tek; target of Rs 1850: Motilal Oswal** — TBO Tek, Motilal Oswal, Recommendations, Buy — [Source](https://www.moneycontrol.com/news/business/buy-tbo-tek-target-of-rs-1850-motilal-oswal-13990526.html)
- 2026-07-31 — MONEYCONTROL: **Hold TBO Tek; target of Rs 1550: ICICI Securities** — ICICI Securities, hold, TBO Tek, Recommendations — [Source](https://www.moneycontrol.com/news/business/stocks/hold-tbo-tek-target-of-rs-1550-icici-securities-13989906.html)
- 2026-07-29 — CNBC-TV18: **Q1 Results Highlights: Vedanta Power slips to loss, Eicher Motors beats estimates** — Q1 Results Highlights: Four Nifty 50 stocks are reporting their earnings today namely Asian Paints, Adani Enterprises, Adani Ports and Eicher Motors. Dabur, Waaree Energies, ACME Solar, Bajaj Housing Finance, CarTrade Tech, Chalet Hotels, Colgate-Palmolive, J&K Bank, Hexaware Technologies, KPIT Tech, Garden Reach Shipbuilders, Force Motors, Dhanlaxmi Bank, Devyani International, MOIL, Piramal Pharma, Prestige Estates, Redington, Star Health Insurance, Syngene, Teamlease, Triveni Engineering, Zensar Tech are among the other earnings from the broader markets. L&T, Netweb Tech, among others will also be reacting to their results. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-asian-paints-adani-ports-ent-hul-eicher-bajaj-hsg-dabur-mtar-kpit-tech-cartrade-colgate-share-price-liveblog-19956225.htm)

## Business profile

**Strategic vision:** Global B2B travel distribution platform connecting buyers and suppliers.

### Business segments
- **Global B2B Travel Distribution:** TBO Tek provides a technology platform that connects travel buyers, such as travel agents, with a wide array of global travel suppliers, offering access to various travel products and services.

### Competitive strengths
- Proprietary technology platform connecting a wide network of travel buyers and suppliers.
- Integrated distribution system for a comprehensive suite of travel products and services.
- Leverages data analytics, artificial intelligence, and machine learning to optimize sales.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/tbotek
Markdown representation: https://faxioms.com/stocks/tbotek?render=md