TRAVELFOOD

Travel Food Services Limited

Travel-linked food & beverage and airport lounge businesses

Consumer Discretionary›Consumer Services›Leisure Services›Restaurants

travelfoodservices.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹1201.30
Market cap
15,825 Cr
Stock P/E
33.2
P/B
10.97
Dividend yield
0.4%
ROE (FY26)
30.1%
ROCE (FY26)
45.0%
Operating margin (FY26)
30.2%
OCF / EBITDA (FY26)
60.6%
OCF / EBITDA (3Y)
78.1%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Travel Food Services (TFS) runs quick-service restaurants and airport lounges for travellers, mainly at airports in India with a growing presence abroad.

Company snapshot

2ndBy market cap

Ranked among 9 companies in Restaurants.

What we see

Positives
  • ✓Net margin of 27.4% — the business keeps a healthy share of every rupee it earns.
1 more signal from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricJun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales375 Cr356 Cr456 Cr461 Cr452 Cr
Operating expenses (approx.)229 Cr221 Cr275 Cr274 Cr290 Cr
EBITDA146 Cr135 Cr181 Cr186 Cr162 Cr
OPM %38.9%38.0%39.7%40.4%35.8%
Other income21 Cr21 Cr23 Cr31 Cr46 Cr
Interest9 Cr8 Cr10 Cr37 Cr8 Cr
Depreciation34 Cr38 Cr39 Cr40 Cr42 Cr
Profit before tax132 Cr124 Cr177 Cr162 Cr170 Cr
Tax %28.3%21.0%22.6%24.5%24.4%
Net profit95 Cr98 Cr137 Cr123 Cr129 Cr
EPS (₹)₹6.97₹7.27₹10.08₹9.17₹9.62

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,067 Cr1,396 Cr1,688 Cr1,648 CrSign in free for the trailing twelve months
Operating expenses (approx.)693 Cr984 Cr1,134 Cr999 CrSign in free for the trailing twelve months
EBITDA374 Cr412 Cr554 Cr649 CrSign in free for the trailing twelve months
OPM %35.0%29.5%32.8%39.4%Sign in free for the trailing twelve months
Other income36 Cr66 Cr75 Cr95 CrSign in free for the trailing twelve months
Interest48 Cr52 Cr46 Cr64 CrSign in free for the trailing twelve months
Depreciation83 Cr111 Cr126 Cr150 CrSign in free for the trailing twelve months
Profit before tax327 Cr387 Cr504 Cr595 CrSign in free for the trailing twelve months
Tax %23.2%23.1%24.7%24.0%Sign in free for the trailing twelve months
Net profit251 Cr298 Cr380 Cr452 CrSign in free for the trailing twelve months
EPS (₹)₹18.52₹21.85₹27.58₹33.49Sign in free for the trailing twelve months
Dividend payout %———13.3%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2023Mar 2024Mar 2025Mar 2026
Equity capital4 Cr4 Cr13 Cr13 Cr
Reserves652 Cr870 Cr1,040 Cr1,430 Cr
Borrowings31 Cr64 Cr——
Other liabilities636 Cr745 Cr832 Cr816 Cr
Total liabilities1,332 Cr1,696 Cr1,903 Cr2,280 Cr
Fixed assets (net)96 Cr122 Cr121 Cr287 Cr
CWIP6 Cr23 Cr39 Cr28 Cr
Investments464 Cr594 Cr868 Cr1,123 Cr
Loans & advances———3 Cr
Inventories11 Cr12 Cr9 Cr13 Cr
Trade receivables114 Cr105 Cr106 Cr264 Cr
Cash & bank42 Cr68 Cr25 Cr48 Cr
Other assets600 Cr773 Cr734 Cr514 Cr
Total assets1,332 Cr1,696 Cr1,903 Cr2,280 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity322 Cr353 Cr515 Cr393 Cr
Cash from investing-197 Cr-155 Cr-191 Cr-150 Cr
Cash from financing-104 Cr-172 Cr-343 Cr-221 Cr
Net cash flow21 Cr26 Cr-19 Cr22 Cr
Free cash flow (OCF − Capex)284 Cr274 Cr453 Cr354 Cr

Ratios

MetricMar 2023Mar 2024Mar 2025Mar 2026
ROCE %53.9%46.1%51.4%45.0%
ROE %36.7%32.4%33.9%30.1%
Debtor days39272358
Inventory days20161221
Days payable336384447591
Cash conversion cycle-278-340-412-512
OCF / EBITDA %86.2%85.6%92.9%60.6%
OCF / EBITDA % (3 years)——88.8%78.1%
Debt / equity0.050.07——
Current ratio1.831.601.581.91
Net debt / EBITDA-0.03-0.01-0.05-0.07