TBO Tek Limited Submits Business Responsibility and Sustainability Report for FY 2025-26
TBO Tek Limited has filed its BRSR for FY 2025-26 on a standalone basis, covering all nine NGRBC principles, with limited assurance provided by M/s. S.R. Batliboi & Co. LLP. The company reported a paid-up capital of INR 108.59 Mn, a turnover of INR 5,838.27 Mn, and a net worth of INR 8,643.46 Mn, with exports accounting for 38.30% of total turnover. The total workforce stood at 1,543 employees, with women comprising 23% of the total employee base and 13% of the Board of Directors. No material fines, penalties, or data breaches were reported during FY 2025-26, and the company maintained full compliance with applicable environmental laws.
*this image is generated using AI for illustrative purposes only.
TBO Tek Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year April 1, 2025 to March 31, 2026, to BSE Limited and the National Stock Exchange of India Limited. The report has been prepared on a standalone basis in compliance with Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and covers disclosures across all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). M/s. S.R. Batliboi & Co. LLP has provided an Independent Limited Assurance Report on the BRSR Core Indicators for the year ended March 31, 2026.
Company Overview and Financial Profile
TBO Tek Limited, incorporated in 2006 (CIN: L74999DL2006PLC155233), operates as one of the leading global travel distribution platforms, simplifying the travel ecosystem for both suppliers and buyers. Its supplier network spans hotels, airlines, cruises, car rentals, transfers, and rail services, while its buyer base includes retail and API buyers such as travel agencies, independent travel advisors, tour operators, travel management companies, online travel platforms, super-apps, and loyalty apps. The following table summarises key financial and operational parameters:
| Parameter: | Details |
|---|---|
| Paid-up Capital: | INR 108.59 Mn |
| Turnover (CSR basis): | INR 5,838.27 Mn |
| Net Worth: | INR 8,643.46 Mn |
| Export Contribution: | 38.30% of total turnover |
| Reporting Boundary: | Standalone Basis |
| Assurance Provider: | M/s. S.R. Batliboi & Co. LLP |
| Type of Assurance: | Limited Assurance on BRSR Core Indicators |
Business Activities and Product Mix
TBO Tek's operations are classified under Travel Agency, Tour Operator & Other Reservation Service Activities, accounting for 100% of its turnover. The company's revenue mix across key product and service categories is presented below:
| Product/Service: | % of Total Turnover |
|---|---|
| Air Ticketing: | 49.85% |
| Hotels & Packages (NIC Code: 79900): | 16.76% |
| Others: | 33.39% |
The company operates 31 offices across 13 states in India and serves customers in international markets, with exports contributing 38.30% of total turnover. It has no manufacturing plants and does not operate internationally-registered offices.
Workforce and Diversity
As at the end of FY 2025-26, TBO Tek reported a total workforce of 1,543 employees, comprising 1,511 permanent and 32 other-than-permanent employees. The gender composition and representation in leadership are outlined below:
| Category: | Total (A) | Male No. | Male % | Female No. | Female % |
|---|---|---|---|---|---|
| Permanent Employees: | 1511 | 1161 | 77% | 350 | 23% |
| Other than Permanent Employees: | 32 | 25 | 78% | 7 | 22% |
| Total Employees: | 1543 | 1186 | 77% | 357 | 23% |
The company also employs 4 permanently differently abled employees, all male. With respect to leadership representation:
| Leadership Category: | Total (A) | Female No. (B) | Female % (B/A) |
|---|---|---|---|
| Board of Directors: | 8 | 1 | 13% |
| Key Management Personnel: | 5 | 1 | 20% |
Median remuneration data for FY 2025-26 is as follows:
| Category: | Male — Number | Male — Median (INR in Million) | Female — Number | Female — Median (INR in Million) |
|---|---|---|---|---|
| Board of Directors: | 7 | 4.30 | 1 | 3.50 |
| Key Managerial Personnel: | 1 | 84.55 | 1 | 12.54 |
| Employees other than BoD and KMP: | 1157 | 0.66 | 349 | 0.59 |
ESG Governance and Material Issues
TBO Tek's Joint Managing Directors serve as the highest authority responsible for ensuring the effective implementation of all company policies. The BRSR covers all nine NGRBC principles, with Board-approved policies in place for each. The company has identified 16 material responsible business conduct issues, including privacy and data security, business ethics and governance, human rights, diversity and inclusion, employee wellbeing, corporate governance, risk management, employee engagement and development, climate change risk and disclosure, anti-corruption and anti-bribery, board diversity, product and service transparency, sustainable operations and infrastructure, quality customer experience, advertising and communications, and geopolitical conflicts (a newly added material topic for FY 2025-26).
Key governance policies — including the Code of Conduct, Anti-Bribery and Anti-Corruption Policy, Anti-Money Laundering Policy, Whistleblower Policy, Human Rights Policy, Equal Opportunity Employment Policy, Health & Safety Policy, Stakeholder Grievance Redressal Policy, and CSR Policy — are publicly available on the company's website. The company has achieved compliance and certification against internationally recognised frameworks including SOC 2 (AICPA), PCI DSS (PCI SSC), and GDPR (EU Data Protection Authorities). No material monetary or non-monetary fines, penalties, or punishments were imposed on the company or its directors/KMPs during FY 2025-26, and no data breaches were recorded.
Environmental and Subsidiary Disclosures
TBO Tek operates as a technology platform with a low energy intensity profile. Air emissions from company-owned DG sets were reported at 0.02 MT for NOx and 0.02 MT for SOx in FY 2025-26. The company does not operate any sites classified as Designated Consumers under the PAT Scheme, has no operations in ecologically sensitive areas, and reported full compliance with applicable environmental laws and regulations in India during FY 2025-26. Electronic waste is managed through CPCB-authorised vendors, and the company participates in tree plantation initiatives, including a drive conducted in August 2025 in collaboration with Donate an Hour NGO. The company holds 22 subsidiaries and step-down subsidiaries globally, with 100% shareholding in each, none of which participate in the Business Responsibility initiatives of the listed entity. The BRSR and the Independent Limited Assurance Report form part of TBO Tek's Annual Report for FY 2025-26 and are available on the company's website.
Historical Stock Returns for TBO Tek
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.01% | +10.53% | +9.75% | +14.82% | +19.29% | +18.57% |
How might TBO Tek's newly identified material topic of 'geopolitical conflicts' influence its risk management strategies for international travel suppliers in the coming fiscal year?
Given the low female representation (13%) on the Board of Directors, what specific initiatives is TBO Tek planning to implement to improve gender diversity in leadership roles by FY 2027?
With exports contributing 38.30% of turnover, how does TBO Tek plan to mitigate currency fluctuation risks and regulatory changes in key international markets during the next reporting period?
17
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
