Travel Food Services Ltd
TRAVELFOOD NSE
Travel Food Services Ltd
Leisure ServicesNSE: TRAVELFOOD BSE: 544443 Restaurants
Key Fundamentals
SmallcapRestaurantsLeisure ServicesMarket Cap
₹18,585 Cr
Volatility
Moderate
P/E Ratio
41.63
EBITDA
₹649 Cr
Return on Equity
35.47%
Debt to Equity
0.17
Book Value
₹109.56
52W High
₹1,470.9
52W Low
₹1,035.3
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Travel Food Services Ltd insights
39 extracted metrics + investor summaries across FY16–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
4- Company has reduced debt.
- Company has delivered good profit growth of 53.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.1%
- Company has been maintaining a healthy dividend payout of 37.0%
Weaknesses
3- Stock is trading at 12.7 times its book value
- Debtor days have increased from 36.3 to 58.5 days.
- Working capital days have increased from -1.41 days to 128 days
Growth Rate
Revenue Growth
-6.52% ↘
Net Income Growth
15.22% ↗
Cash Flow Change
45.86% ↗
ROE
5.66% ↗
ROCE
18.40% ↗
EBITDA Margin (Avg.)
0.45% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 10h agoAI opinion · based on fundamentals
Risk medium
Travel Food Services Ltd operates in the leisure/travel food segment with a market cap of ₹18,585 Cr, trading at a PE of 40.5x and 12.7x book value. The company has delivered strong profit growth (54% CAGR over 5 years) and maintains a 3-year ROE of 36%, but TTM revenue has declined by 2% and working capital days have deteriorated sharply from -1.4 to 128 days.
Bull Case 8
- Exceptional 5-year profit CAGR of 53.9%, with FY26 net profit rising 19% YoY to ₹452 Cr from ₹380 Cr in FY25
- Consistent return on equity of 36% over the last 3 years and 33% over 5 years, indicating efficient capital deployment
- Operating profit margin expanded to 37.2% in FY26 from 31.4% in FY25, a 580 bps improvement despite flat revenues
- Company has reduced debt, improving balance sheet quality and financial flexibility
- Healthy dividend payout policy of 37% with a current dividend yield of 0.74%, demonstrating shareholder return commitment
- EBITDA grew 18% YoY to ₹743 Cr in FY26 from ₹629 Cr in FY25, showing operational leverage
- 10-year compounded profit growth of 28% CAGR demonstrates long-term earnings consistency through multiple cycles
- Stock has delivered 21% returns over the past 1 year, reflecting market confidence in the business trajectory
Bear Case 8
- TTM revenue declined 2% YoY with FY26 sales at ₹1,648 Cr vs ₹1,688 Cr in FY25, raising growth sustainability concerns
- Stock trades at 12.7x price-to-book, a steep premium that leaves limited margin of safety
- PE ratio of 40.5x is elevated and demands continued high earnings growth to justify the valuation
- Working capital days have deteriorated drastically from -1.4 days to 128 days, indicating significant cash conversion cycle strain
- Debtor days increased from 36.3 to 58.5 days, suggesting slower collections or changing customer payment terms
- Interest costs rose 40% YoY to ₹63.9 Cr in FY26 from ₹45.7 Cr in FY25 despite reported debt reduction
- Depreciation increased 19% YoY to ₹150 Cr in FY26, reflecting heavy capex that pressures free cash flow
- 3-year sales CAGR of only 16% versus 23% profit CAGR suggests margin expansion may be approaching limits rather than top-line driven growth
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 10h ago Neutral 1
- Investor meet at Motilal conference Aug 13
Travel Food Services will participate in Motilal Oswal's 22nd Annual Global Investor Conference on August 19, 2026, holding one-to-one and group meetings in Mumbai. Discussions will use only publicly available information per SEBI Regulation 30.
TL;DR: Limited news flow for Travel Food Services with only a routine investor conference participation disclosed. No material positive catalysts or risk factors emerged in this period. The lack of operational or financial updates makes it difficult to assess whether the trend is improving or deteriorating; investors should watch for any guidance or commentary that surfaces from the August 19 conference.
Quarterly Results
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 410 | 500 | 411 | 367 | 375 | 356 | 456 | 461 |
| Expenses | 308 | 340 | 253 | 232 | 229 | 221 | 275 | 274 |
| Operating Profit | 102 | 160 | 158 | 135 | 146 | 135 | 181 | 186 |
| OPM % | 25% | 32% | 38% | 37% | 39% | 38% | 40% | 40% |
| Other Income | 31 | 20 | 28 | 43 | 29 | 35 | 44 | 53 |
| Interest | 17 | 5 | 14 | 10 | 9 | 8 | 10 | 37 |
| Depreciation | 29 | 31 | 33 | 33 | 34 | 38 | 39 | 40 |
| PBT | 86 | 145 | 139 | 134 | 132 | 124 | 177 | 162 |
| Tax % | 31% | 24% | 26% | 21% | 28% | 21% | 23% | 24% |
| Net Profit | 60 | 110 | 103 | 107 | 95 | 98 | 137 | 123 |
| EPS in Rs | 143 | 277 | 7.42 | 7.81 | 6.97 | 7.27 | 10.08 | 9.17 |
Profit & Loss
| Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 501 | 774 | 162 | 388 | 1,067 | 1,396 | 1,688 | 1,648 |
| Expenses | 398 | 646 | 198 | 363 | 693 | 980 | 1,134 | 999 |
| Operating Profit | 103 | 128 | -36 | 24 | 374 | 417 | 554 | 649 |
| OPM % | 21% | 16% | -22% | 6% | 35% | 30% | 33% | 39% |
| Other Income | 5 | 15 | 20 | 20 | 84 | 133 | 122 | 161 |
| Interest | 10 | 2 | 5 | 5 | 48 | 52 | 46 | 64 |
| Depreciation | 22 | 21 | 22 | 17 | 83 | 111 | 126 | 150 |
| PBT | 76 | 119 | -43 | 22 | 327 | 387 | 504 | 595 |
| Tax % | 33% | 29% | 25% | 68% | 23% | 23% | 25% | 24% |
| Net Profit | 51 | 104 | -60 | 13 | 251 | 298 | 380 | 452 |
| EPS in Rs | 104 | 269 | -148 | 32.04 | 630 | 743 | 27.58 | 33.49 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 50% | 31% | 31% |
Balance Sheet
| Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 13 | 13 |
| Reserves | 84 | 513 | 459 | 472 | 652 | 870 | 1,040 | 1,430 |
| Borrowings | 60 | 21 | 26 | 38 | 383 | 416 | 333 | 245 |
| Other Liabilities | 139 | 169 | 147 | 208 | 294 | 407 | 516 | 592 |
| Total Liabilities | 286 | 706 | 636 | 722 | 1,332 | 1,696 | 1,903 | 2,280 |
| Fixed Assets | 115 | 75 | 59 | 99 | 353 | 387 | 372 | 636 |
| CWIP | 8 | 0 | 24 | 2 | 6 | 23 | 39 | 28 |
| Investments | 0 | 370 | 304 | 309 | 464 | 594 | 868 | 776 |
| Other Assets | 163 | 261 | 249 | 313 | 510 | 693 | 624 | 839 |
| Total Assets | 286 | 706 | 636 | 722 | 1,332 | 1,696 | 1,903 | 2,280 |
Cash Flow
| Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | 70 | 104 | 14 | 45 | 322 | 353 | 515 | 393 |
| Investing | -55 | -120 | -11 | -55 | -197 | -155 | -215 | -150 |
| Financing | -1 | 13 | -4 | 11 | -104 | -172 | -343 | -221 |
| Net Cash Flow | 14 | -3 | -1 | 1 | 21 | 26 | -43 | 22 |
| Free Cash Flow | 22 | 78 | -24 | 21 | 285 | 276 | 454 | 354 |
| CFO/OP | 68 | 111 | -40 | 275 | 103 | 116 | 111 | 82 |
Ratios
| Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 31 | 58 | 44 | 39 | 27 | 23 | 58 |
| Inventory Days | 21 | 13 | 70 | 32 | 18 | 15 | 11 | 18 |
| Days Payable | 111 | 69 | 254 | 131 | 310 | 368 | 461 | 514 |
| Cash Conversion Cycle | -56 | -25 | -126 | -55 | -252 | -325 | -427 | -438 |
| Working Capital Days | -22 | -17 | -157 | -100 | -60 | -72 | -61 | 128 |
| ROCE % | — | — | -9% | 4% | 47% | 36% | 41% | 42% |
Documents
1
Regulation 30 - Update
13 Apr - Delhi High Court set aside 2022 arbitral award in company’s favour; execution application disposed. 13 Apr - Delhi High Court set aside 2022 arbitral award in company’s favour; execution application disposed.
2
Closure of Trading Window
25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited Q4/FY2026 results. 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited Q4/FY2026 results.
4
Announcement under Regulation 30 (LODR)-Investor Presentation
12 Feb - Investor Presentation on Q3 & 9MFY26 Financial Results 12 Feb - Investor Presentation on Q3 & 9MFY26 Financial Results
5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 Feb - Audio of Q3 FY2025-26 earnings call (13 Feb 2026) uploaded to company's investor website. 13 Feb - Audio of Q3 FY2025-26 earnings call (13 Feb 2026) uploaded to company's investor website.
Frequently Asked Questions about Travel Food Services Ltd
What does Travel Food Services Ltd do?
Incorporated in 2007, Travel Food Services Ltd provides Travel QSR and Lounge services in India and abroad.[1]
Where is Travel Food Services Ltd (TRAVELFOOD) listed?
Travel Food Services Ltd is listed on the Indian stock exchanges. It is listed on NSE: TRAVELFOOD and BSE: 544443. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Travel Food Services Ltd belong to?
Travel Food Services Ltd operates in the Leisure Services sector within the Restaurants industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Travel Food Services Ltd?
Travel Food Services Ltd has a market capitalisation of approximately ₹18585.24 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Travel Food Services Ltd?
The Price-to-Earnings (PE) ratio of Travel Food Services Ltd is 41.63. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Travel Food Services Ltd?
Over the past 52 weeks, Travel Food Services Ltd has traded between a low of ₹1,035.3 and a high of ₹1,470.9. This range helps investors understand the stock's price volatility and recent trading levels.
Does Travel Food Services Ltd pay dividends?
Yes, Travel Food Services Ltd has a dividend yield of 0.74%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Travel Food Services Ltd?
Travel Food Services Ltd has a Return on Equity (ROE) of 35.47%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Travel Food Services Ltd on Tapetide?
On Tapetide, you can view Travel Food Services Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2007, Travel Food Services Ltd provides Travel QSR and Lounge services in India and abroad.[1]