TBO Tek Limited — PPTs, 13-11-2025: Investor Presentation

TBO Tek demonstrated strong Q2 FY26 performance, with Gross Transaction Value (GTV) increasing 12% YoY to ₹ 8,901 Cr. Revenue surged 26% to ₹ 568 Cr., and Adjusted EBITDA grew 16% to ₹ 104 Cr. Regionally, Europe and MEA led growth, with their GTV up 20% and 27% respectively.

The company's strategy targets the premium outbound travel segment, aiming to grow its buyer base, expand geographies, and bolster supplier networks through its platform. Strategic investments in sales personnel and technology are yielding results, evidenced by rapid growth in international monthly active agents and new agent sales funnels.

A key recent development is the acquisition of Classic Vacations for $125 million (~₹ 1,062 Cr), significantly expanding TBO's presence in North America's luxury travel market. Classic Vacations reported FY24 Gross Bookings of $475 million (~₹ 4,036 Cr) and Operating EBITDA of $11.2 million (~₹ 95 Cr). This acquisition offers major cross-leveraging opportunities, enhancing luxury hotel supply and tapping into new US consortia relationships.

Management emphasized a capital-efficient model, strong cash generation, and operating leverage from technology investments. The outlook points to continued growth through diversification and strategic acquisitions.