āagman

Not investment advice. Data and computed figures, for information only.

Thomas Cook (India) Ltd

NSE: THOMASCOOK
₹100.40
−₹0.72 (−0.71%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹4,551 Cr
CMP
₹100.40
52-wk High / Low
₹169 / 86
P/E
20.2
P/B
1.8
Book Value
₹54.1
Div Yield
0.52%
ROCE
15.0%
ROE
9.2%
Face Value
₹1
D/E
0.21

Price−34.3% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹75
√(22.5 × EPS × book value per share)
ROIC
5.8%
vs 7.6% sector median
Cash flow to profit
2.92
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−83
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
8.2%
ROE × earnings retention ratio
ROE stability
10.3
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.94FII −1.38DII −0.01
Latest quarter vs the previous one
Cash-accrual divergence
−5.7%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 48.3% since FY2016 (1042 to 539)
+FII holding rose by 5.7pp over the last year
+PE of 20.2x is below the sector median of 41.4x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Price is 40.6% below its 52-week high
−Promoter holding fell by 7.6pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,8991,8431,8931,6642,1062,0042,0611,9692,4082,0742,1461,7712,092
Expenses1,7751,7411,7771,5731,9701,8791,9451,8712,2811,9662,0311,6921,999
Operating Profit12410311691136125116981271081147893
OPM %6.5%5.6%6.1%5.5%6.5%6.2%5.6%5.0%5.3%5.2%5.3%4.4%4.4%
Other Income33284829284318504564113561
Interest26232426222426242424242323
Depreciation30313333343537363639414242
Profit before tax10177107611091107188112110604888
Net Profit71519158737247667471453164
EPS (₹)1.551.001.751.201.601.381.051.371.531.410.890.821.53

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,2446,0948,76211,2486,6036,8337951,8885,0487,2998,1408,3988,082
Expenses3,0015,9108,42510,8766,5206,7261,1472,0754,8706,8627,6627,9707,688
Operating Profit24318433837283107−352−187178437478428394
OPM %7.5%3.0%3.9%3.3%1.3%1.6%−44.3%−9.9%3.5%6.0%5.9%5.1%4.9%
Other Income41−31846,005168761465562134141156171
Interest71921321497310162628999959594
Depreciation41619113767151148129124128142160165
Profit before tax17111996,091110−69−416−32227345382330306
Net Profit112−59866,13189−18−295−25410271258220211
EPS (₹)3.31−2.131.18161.212.29−0.02−6.72−5.180.145.515.414.654.65

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital273737373738384447474747—
Reserves1,3021,2111,9508,6348,8561,6271,8911,6511,6662,0102,2132,499—
Borrowings3801,0421,404425361762612598539418465539—
Other Liabilities1,4172,6093,5753,0003,7533,0662,1942,3213,4043,8894,3034,682—
Total Liabilities3,1264,8996,96512,09613,0085,4924,7364,6155,6576,3647,0287,768—
Fixed Assets1,2001,9032,8431,7232,4032,7072,6282,5802,5762,7702,8093,147—
CWIP9753561371261426609310—
Investments3401342197,3987,417100130129106134134287—
Other Assets1,4892,8103,8472,9623,1802,6731,9711,8922,9483,4003,9924,324—
Total Assets3,1264,8996,96512,09613,0085,4924,7364,6155,6576,3647,0287,768—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity131383273−244253120−581−139649829717643
Cash from Investing Activity−607−165−253−458−263−184351−123−179−437−325−384
Cash from Financing Activity565548161477−167−170335−85−230−291−183−189
Net Cash Flow89766181−225−178−234105−34723910121069

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %17.09.010.06.02.01.0−14.0−11.05.019.019.015.0
ROE %———————————9.2
EPS (₹)3.31−2.131.18161.212.29−0.02−6.72−5.180.145.515.414.65
Book Value (₹)———————————54.1
Face Value (₹)———————————1
P/E———————————20.2
Div Yield %———————————0.52
NPM %3.4−1.01.035.51.3−0.3−31.3−13.10.23.63.12.6
OPM %7.03.03.93.31.31.6−44.0−10.03.56.06.05.0
D/E0.290.830.710.050.040.460.320.350.310.200.210.21
P/B———————————1.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+3.0%
5 years+60.0%
3 years+18.0%
TTM−4.0%
Compounded profit growth
10 years+7.0%
5 years+24.0%
3 years+222.0%
TTM−12.0%
Stock price CAGR
10 years+0.0%
5 years+4.0%
3 years−9.0%
Last year−37.0%
Return on equity
10 years2.0%
5 years5.0%
3 years11.0%
Last year9.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters67.66%67.66%67.03%66.94%65.60%65.60%70.58%72.34%63.83%63.83%63.83%64.77%
FIIs7.60%7.60%6.42%3.80%2.51%0.94%0.41%0.51%2.29%4.52%7.56%6.18%
DIIs13.05%13.05%14.51%16.71%16.86%12.98%9.88%9.20%8.64%8.10%6.54%6.53%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.08%0.10%0.10%0.10%
Public11.69%11.69%12.04%12.55%13.08%18.59%17.64%16.63%24.07%22.44%21.01%21.49%
No. of shareholders46,33346,33346,55862,83357,81675,57590,99579,76693,0801,17,2531,09,0611,11,875
Change since Jun 2023 (pp)
Promoters −2.89FIIs −1.42DIIs −6.52Public +9.80

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Press Release / Media Release
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTAug 2025TranscriptAug 2025PPT

Corporate actions

As of 27 Aug 2026
27 Aug 2026DIVIDENDDividend - Rs 0.50 Per Share—
21 Aug 2025DIVIDENDDividend - Re 0.45 Per Share—
16 Aug 2024DIVIDENDDividend - Rs 0.40 Per Share/Special Dividend - Rs. 0.20 Per Share—
10 Aug 2023DIVIDENDAnnual General Meeting/Dividend - Re 0.40 Per Share—
5 Dec 2019DEMERGER Demerger—
31 Jul 2019DIVIDEND Annual General Meeting/ Dividend - Re 0.375 Per Share—
18 Sep 2018DIVIDEND Annual General Meeting/Dividend- Re 0.375 Per Share—
24 Jul 2017DIVIDEND Annual General Meeting/Dividend - Re 0.375 Per Share—
24 Aug 2016DIVIDEND Annual General Meeting/ Dividend - Re 0.375/- Per Share—
17 Aug 2015DIVIDENDAnnual General Meeting/Dividend - Re 0.50/- Per Share—
21 May 2014DIVIDENDDividend Rs.0.375 Per Share—
28 May 2013DIVIDENDAnnual General Meeting/Dividend Re 0.375 Per Share—
6 Jun 2012DIVIDENDDividend - Rs.0.375/- Per Share—
26 Apr 2011DIVIDENDAnnual General Meeting / Dividend - Rs. 0.375 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman