TBO Tek reports strong Q4FY26 with GTV rising 29% to ₹10,079 crore
TBO Tek reported a robust financial performance for Q4FY26, with GTV rising 29% year-on-year to ₹10,079 crore and revenue surging 83% to ₹814 crore. The company demonstrated structural resilience with North America leading regional growth at 256%, while consolidated adjusted EBITDA increased 40% to ₹111 crore.

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TBO Tek reported a robust financial performance for Q4FY26, demonstrating structural resilience against geopolitical headwinds with significant growth across key operational metrics. The company's Gross Transaction Value (GTV) rose 29% year-on-year to ₹10,079 crore, while revenue surged 83% to ₹814 crore. Gross profit increased 59% to ₹494 crore, and adjusted EBITDA grew 40% to ₹111 crore during the period.
The company, which ranks among the top four B2B travel distribution platforms globally, serves retail and enterprise buyers by connecting them with travel suppliers including hotels, airlines, and car rentals. Its platform supports transactions in 88 currencies and offers 24x7 multi-lingual support across 16 languages. TBO Tek reported a base of approximately 200,000 registered travel agents as of the 2024-25 Annual Report.
Global Footprint and Growth
TBO Tek's global operations showed varied regional performance in Q4FY26. North America led the growth trajectory with a 256% year-on-year increase, capturing a 21% share of the Hotels & Ancillaries segment GTV. Europe accounted for the largest regional share at 37%, growing 27% year-on-year. Africa held an 18% share with 3% growth, while Latin America grew 14% to hold an 8% share. The APAC region grew 73% for a 9% share, and Asia grew 2% for a 7% share.
Financial Performance
The reported figures include the consolidated performance of TBO Tek and its subsidiary Classic Vacations. On a standalone organic basis, excluding the subsidiary, the company's GTV grew 16% to ₹9,038 crore, while revenue increased 21% to ₹542 crore.
| Metric | Reported (TBO Organic + CV) | TBO Organic |
|---|---|---|
| GTV | ₹10,079 Cr. (Up 29% YoY) | ₹9,038 Cr. (Up 16% YoY) |
| Revenue | ₹814 Cr. (Up 83% YoY) | ₹542 Cr. (Up 21% YoY) |
| Gross Profit | ₹494 Cr. (Up 59% YoY) | ₹355 Cr. (Up 14% YoY) |
| Adj. EBITDA | ₹111 Cr. (Up 40% YoY) | ₹83 Cr. (Up 5% YoY) |
The investor presentation was submitted to the exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Neera Chandak, Company Secretary & Compliance Officer, signed the disclosure on June 28, 2026.
Historical Stock Returns for TBO Tek
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.56% | +3.62% | +24.58% | -5.97% | +6.55% | +5.34% |
Can TBO Tek sustain the 256% growth rate in North America, and what strategies are in place to maintain this momentum?
How will the company address the stagnation in the Asia and Africa regions to drive future growth?
What is the long-term integration strategy for Classic Vacations to maximize synergies and improve consolidated margins?





















