TBO TEK Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
TBO Tek reported growth in both revenue and EBITDA for Q1 FY27 despite disruption from the Middle East crisis, with management highlighting 24% YoY growth in Europe and flat/1% constant currency growth in the Middle East. The company began disclosing constant currency figures this quarter due to an 11% gap between INR and constant currency hotel GTV numbers, driven by rupee depreciation. Management pointed to operating leverage, with EBITDA margins growing faster than gross profit or revenue, and discussed the integration progress of the Classic Vacations acquisition in North America.
TBO Tek reported Q4 and FY26 results showing year-on-year growth in both revenue and EBITDA despite disruptions from the war affecting the Middle East and Israel markets. Management highlighted strong operating leverage in January and February before March was impacted by the conflict, and discussed progress on the Classic Vacations integration and the launch of the AI tool Voya. The company reported Q4 EBITDA of Rs. 110 crores and said it expects Q1 to be better than both Q4 and the prior-year period.