Thomas Cook (India) Limited has announced that the audio recording of its Q4 & FY26 Analyst and Investor Earnings Conference Call is now available on its official website. The call was held on Wednesday, May 13, 2026, pursuant to Regulations 30 and 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Access Details

The recording covers the discussion on the Audited Financial Results for the quarter and year ended March 31, 2026. Investors and analysts can access the audio file through the company's official website.

Investor Relations Contacts

For further information regarding the earnings call, participants may reach out to the following contacts:

• Urvashi Butani, Head - Investor Relations | Tel: +91 22 4242 7095 | Email: urvashi.butani@thomascook.in
• Rahul Agarwal, Strategic Growth Advisors – IR | Tel: +91 98214 38864 | Email: rahul.agarwal@sgapl.net
• Abhishek Shah, Strategic Growth Advisors – IR | Tel: +91 99306 51660 | Email: abhishek.shah@sgapl.net

About Thomas Cook (India) Limited

Established in 1881, Thomas Cook (India) Limited is the leading omni-channel travel company in India, offering a broad spectrum of services including Foreign Exchange, Corporate Travel, MICE, Leisure Travel, and Value Added Services. The Thomas Cook India Group spans 28 countries across 5 continents.

Thomas Cook (India) Limited reported its audited financial results for the fourth quarter and fiscal year ended March 31, 2026. The board approved the standalone and consolidated financial statements at a meeting held on May 12, 2026. The statutory auditors, M/s. B S R & Co. LLP, issued an unmodified opinion on both sets of financial statements. The board recommended a dividend of ₹0.50 per equity share for FY26, representing a 50% payout on equity shares with a face value of ₹1 each, amounting to ₹235.2 Mn (gross). This is subject to shareholder approval at the Annual General Meeting scheduled for September 10, 2026, compared to a dividend of 45% declared in FY25.

Annual Financial Performance

FY26 was characterised by significant geopolitical disruptions, including airspace closures and the onset of the Israel-US-Iran conflict in February 2026, which impacted peak travel seasons. Despite this, total consolidated income grew 3% year-on-year to ₹85,578 Mn, with revenue from operations reaching ₹83,982 Mn compared to ₹81,396 Mn in the prior year. Total consolidated expenses rose to ₹82,249 Mn from ₹78,994 Mn. EBITDA for the full year stood at ₹5,871 Mn versus ₹6,217 Mn in FY25, while EBIT came in at ₹4,276 Mn compared to ₹4,798 Mn. Profit before tax (before exceptional items) for the year was ₹3,328 Mn, lower than ₹3,852 Mn in FY25, and reported PAT stood at ₹2,205 Mn versus ₹2,584 Mn. On a standalone basis, net profit for the year increased to ₹1,195.3 Mn from ₹1,070.0 Mn, with total standalone income rising to ₹23,338.6 Mn from ₹22,439.7 Mn.

Quarterly Performance

The fourth quarter reflected a notable year-on-year decline across key metrics. Total income for Q4 FY26 stood at ₹18,055 Mn, down 11% year-on-year. Consolidated revenue from operations for Q4 stood at ₹17,707 Mn, down 10% from ₹19,689 Mn in Q4 FY25. EBITDA for Q4 declined to ₹1,131 Mn from ₹1,514 Mn, with EBIT falling 39% to ₹707 Mn. Profit before tax (before exceptional items) came in at ₹477 Mn versus ₹916 Mn in Q4 FY25, while reported PAT stood at ₹307 Mn compared to ₹660 Mn in the year-ago quarter. On a standalone basis, Q4 revenue from operations was ₹3,274.1 Mn against ₹3,922.9 Mn in Q4 FY25, with standalone net profit at ₹191.4 Mn versus ₹158.8 Mn.

Segment Performance

The Travel & Related Services segment remained the largest revenue contributor, with FY26 revenue of ₹67,025 Mn, up 4% year-on-year. Corporate Travel turnover grew 19% year-on-year for FY26, while Leisure Travel sales grew 8%. The Financial Services segment reported FY26 revenue of ₹3,261 Mn. The Leisure Hospitality & Resorts segment delivered its highest-ever Q4 revenue of ₹1,385 Mn, up 19% year-on-year, with full-year revenue of ₹5,336 Mn, up 7%. The Digital Imaging Solutions (DEI) segment reported FY26 revenue of ₹8,360 Mn, down 1% year-on-year.

Strategic Developments

The board approved a Composite Scheme of Arrangement and Amalgamation involving Thomas Cook (India) Limited and its wholly owned subsidiaries. The scheme provides for the demerger of the Resorts and Resort Management business into Sterling Holiday Resorts Limited (SHRL), with shareholders receiving 81 shares of SHRL for every 100 shares held in Thomas Cook (India) Limited. The scheme is subject to requisite statutory and regulatory approvals. During the year, the company sold its immovable property in Udyog Vihar Phase III, Gurugram, resulting in a profit of ₹256.5 Mn (₹177.4 Mn net of tax), reported under exceptional items. The company recognised an exceptional item of ₹174.8 Mn (standalone) and ₹301 Mn (consolidated) related to past service costs arising from the New Labour Codes notified effective November 21, 2025. The company has opted to transition to the New Tax Regime effective FY 2026-27, resulting in a one-time deferred tax credit of ₹35.9 Mn for the year.