TBOTEK - Fundamental Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Fundamental Rating: 4.0

📊 Core Financials Analysis

Profitability & Growth

PAT grew from ₹46.7 Cr. to ₹51.4 Cr. — a healthy QoQ increase of 10.8%.

ROCE at 26.7% and ROE at 24.6% are excellent, indicating strong capital efficiency and shareholder returns.

EPS of ₹21.2 is solid, supporting the company’s earnings strength.

Debt & Liquidity

Debt-to-equity ratio of 0.18 is low, suggesting prudent financial management.

No dividend payout — typical for high-growth companies reinvesting profits.

Cash Flow

While direct data isn’t provided, strong profitability and low debt imply healthy operating cash flows.

📉 Valuation Metrics

Metric Value Remarks

P/E Ratio 70.2 Very high vs. industry PE of 36.5

P/B Ratio ~12.5 Premium valuation

PEG Ratio 0.73 Attractive — suggests growth justifies price

Intrinsic Value Slightly Overvalued But supported by growth metrics

Despite a high P/E, the PEG ratio below 1 indicates the stock may still offer value based on growth potential.

🏭 Business Model & Competitive Edge

TBO Tek operates in the travel tech space, offering a B2B platform for booking and managing travel services globally.

Competitive advantage lies in its scalable tech infrastructure, global supplier network, and data-driven distribution.

Positioned well to benefit from the rebound in global travel and increasing digitization in the travel industry.

📌 Entry Zone & Investment Guidance

Entry Zone: ₹1,200–₹1,300 range — below 50 DMA and closer to recent support levels, offering better valuation comfort.

Current Price: ₹1,380 — near 200 DMA, RSI at 51.1 suggests neutral momentum.

Long-Term View

Attractive for long-term holding given strong return metrics, scalable business model, and sector tailwinds.

Ideal for growth-oriented investors with medium-to-high risk appetite.

Would you like a peer comparison with RateGain or Yatra to assess relative positioning in the travel tech space?

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