)
TBO Tek (TBOTEK) investor relations material
TBO Tek Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Classic Vacations was consolidated for the first time, expanding platform scale and complexity in financial reporting, and driving strong year-over-year growth in GTV, revenue, gross profit, and adjusted EBITDA for Q3.
Expanded global presence with significant growth across North America, Europe, MEA, APAC, and Latin America, leveraging acquisitions and new market entries.
Focused on the premium outbound travel segment, capitalizing on demographic shifts and increasing demand for assisted travel.
Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved and reviewed by the Board and Audit Committee, with statutory auditors issuing an unmodified review conclusion.
Financial highlights
Q3 GTV reached ₹9,709 Cr, up 35% YoY; revenue was ₹784 Cr, up 86% YoY; gross profit was ₹483 Cr, up 63% YoY; adjusted EBITDA was ₹115 Cr, up 53% YoY.
Consolidated revenue from operations for Q3 FY26 was INR 7,843.32 Mn, up from INR 4,221.88 Mn in Q3 FY25; nine-month revenue was INR 18,631.20 Mn, up from INR 12,913.44 Mn YoY.
Organic business (excluding Classic Vacations) saw GTV up 21% YoY, revenue up 24% YoY, gross profit up 19% YoY, and adjusted EBITDA up 19% YoY.
Gross profit to adjusted EBITDA conversion at enterprise level was 23.7% for the quarter, down from 25.3% YoY.
Basic EPS (consolidated) for Q3 FY26 was INR 5.03, up from INR 4.70 in Q3 FY25.
Outlook and guidance
Q4 is expected to show significant top-line growth and operating leverage, especially in the organic business.
Continued investments in technology, sales expansion, and new agent acquisition are expected to drive further growth and operating leverage.
IPO proceeds are being deployed for technology, platform growth, and international expansion, with unutilized funds temporarily invested in fixed deposits.
North America business, including Classic, is expected to grow at high double digits over the next 3-4 years, though from a larger base.
Management continues to monitor regulatory developments and will adjust financials as required.
Next TBO Tek earnings date
Next TBO Tek earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)