TBO Tek Ltd is a key player in the global travel distribution market, operating an innovative online B2B platform that connects travel agents with a wide network of travel suppliers, including airlines, hotels, car rentals, cruises, and insurance providers. The company’s platform facilitates seamless booking and transaction processes, allowing travel buyers to access and book services from a vast selection of travel-related offerings. TBO Tek caters to a wide range of travel services, from air ticketing to hotel reservations, transfers, and even cruise bookings. Additionally, it offers value-added services like travel insurance, helping agents to provide a complete travel package to their clients. By leveraging technology and strong industry relationships, TBO Tek has built a reputation for simplifying travel operations and enhancing the efficiency of travel agencies across the world. Its presence in multiple regions and ability to connect travel businesses with a global supply chain make it a leading player in the travel technology and distribution landscape.
| Jun 2024 | Sep 2024 | |
| Promoters + | 44.40% | 44.40% |
| FIIs + | 42.79% | 43.06% |
| DIIs + | 6.61% | 6.59% |
| Public + | 3.98% | 3.72% |
| Others + | 2.22% | 2.22% |
| No. of Shareholders | 32,696 | 31,523 |
TBO Tek Ltd’s shareholding patterns for June 2024 and September 2024 reveal some stability among key stakeholders. The promoters consistently held 44.40% of the shares across both periods, showing confidence in the company’s long-term potential. Foreign Institutional Investors (FIIs) increased their stake slightly from 42.79% in June to 43.06% in September 2024, indicating growing international interest in the stock. Domestic Institutional Investors (DIIs) maintained their position with a slight dip from 6.61% to 6.59%, while public shareholding decreased from 3.98% to 3.72%. The “Others” category remained constant at 2.22%. The total number of shareholders saw a decrease from 32,696 in June to 31,523 in September, suggesting a slight consolidation in ownership.
Recent Stock Performance
As of October 18, 2024, TBO Tek Ltd’s stock was priced at ₹1,681.25, marking a slight decline of 0.86% from the previous day. Over the past year, the company’s stock has demonstrated considerable growth, reaching a 52-week high of ₹2,001. This growth indicates strong market confidence in the company, likely driven by its innovative B2B travel distribution platform and expanding global presence in the travel industry. Despite recent fluctuations, the stock remains one of the strong performers in its sector, attracting attention from investors looking for long-term value in the travel and technology space.
Below are the trading platforms that you can use to purchase TBO Tek shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| November 2024 | 1,800.85 | 1,565.96 |
| December 2024 | 1,818.86 | 1,581.62 |
As we move into November 2024, TBO Tek Ltd’s maximum price is projected to reach ₹1,800.85, while the minimum price is expected to be around ₹1,565.96. By December 2024, TBO Tek Ltd’s stock could see further improvement, with a maximum price of ₹1,818.86 and a minimum price of ₹1,581.62.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,837.05 | 1,413.12 |
| February 2025 | 1,855.61 | 1,427.39 |
| March 2025 | 1,894.57 | 1,457.37 |
| April 2025 | 1,875.82 | 1,442.94 |
| May 2025 | 1,821.18 | 1,400.91 |
| June 2025 | 1,903.13 | 1,463.95 |
| July 2025 | 1,865.82 | 1,435.24 |
| August 2025 | 1,923.52 | 1,479.63 |
| September 2025 | 1,946.61 | 1,497.39 |
| October 2025 | 1,997.22 | 1,536.32 |
| November 2025 | 2,047.15 | 1,574.73 |
| December 2025 | 2,139.27 | 1,645.59 |
As we step into January 2025, TBO Tek Ltd’s maximum price is projected to reach ₹1,837.05, with a minimum price of ₹1,413.12. Moving through the year, the stock is expected to fluctuate, reaching a maximum of ₹1,903.13 and a minimum of ₹1,463.95 in June 2025. By August, the prices may peak at ₹1,923.52, with a minimum of ₹1,479.63. As we step into the final months, TBO Tek Ltd’s stock is forecast to rise further, with November seeing a maximum of ₹2,047.15 and a minimum of ₹1,574.73, and by December, the maximum could hit ₹2,139.27, with a minimum of ₹1,645.59.
| When | Maximum Price | Minimum Price |
| January 2026 | 2,203.45 | 1,694.96 |
| February 2026 | 2,148.36 | 1,652.59 |
| March 2026 | 2,191.33 | 1,685.64 |
| April 2026 | 2,236.05 | 1,720.04 |
| May 2026 | 2,213.91 | 1,703.01 |
| June 2026 | 2,269.26 | 1,745.58 |
| July 2026 | 2,224.76 | 1,711.36 |
| August 2026 | 2,293.57 | 1,764.29 |
| September 2026 | 2,339.44 | 1,799.57 |
| October 2026 | 2,400.27 | 1,846.36 |
| November 2026 | 2,460.27 | 1,892.52 |
| December 2026 | 2,521.78 | 1,939.83 |
| When | Maximum Price | Minimum Price |
| January 2027 | 2,547.00 | 1,959.23 |
| February 2027 | 2,612.31 | 2,009.47 |
| March 2027 | 2,714.19 | 2,087.84 |
| April 2027 | 2,660.97 | 2,046.90 |
| May 2027 | 2,583.46 | 1,987.28 |
| June 2027 | 2,699.72 | 2,076.71 |
| July 2027 | 2,646.78 | 2,035.99 |
| August 2027 | 2,728.64 | 2,098.96 |
| September 2027 | 2,824.15 | 2,172.42 |
| October 2027 | 2,897.57 | 2,228.90 |
| November 2027 | 2,970.01 | 2,284.62 |
| December 2027 | 3,044.26 | 2,341.74 |
| When | Maximum Price | Minimum Price |
| January 2028 | 3,105.15 | 2,388.58 |
| February 2028 | 3,184.77 | 2,449.82 |
| March 2028 | 3,308.97 | 2,545.36 |
| April 2028 | 3,244.09 | 2,495.45 |
| May 2028 | 3,149.60 | 2,422.77 |
| June 2028 | 3,291.34 | 2,531.80 |
| July 2028 | 3,226.80 | 2,482.15 |
| August 2028 | 3,326.60 | 2,558.92 |
| September 2028 | 3,443.03 | 2,648.48 |
| October 2028 | 3,532.55 | 2,717.34 |
| November 2028 | 3,620.86 | 2,785.28 |
| December 2028 | 3,711.38 | 2,854.91 |
| When | Maximum Price | Minimum Price |
| January 2029 | 3,785.61 | 2,912.01 |
| February 2029 | 3,882.68 | 2,986.67 |
| March 2029 | 4,034.10 | 3,103.15 |
| April 2029 | 3,955.00 | 3,042.31 |
| May 2029 | 3,839.81 | 2,953.70 |
| June 2029 | 4,012.60 | 3,086.61 |
| July 2029 | 3,933.92 | 3,026.09 |
| August 2029 | 4,055.59 | 3,119.68 |
| September 2029 | 4,197.53 | 3,228.87 |
| October 2029 | 4,306.67 | 3,312.82 |
| November 2029 | 4,414.34 | 3,395.64 |
| December 2029 | 4,524.69 | 3,480.53 |
| When | Maximum Price | Minimum Price |
| January 2030 | 4,615.19 | 3,550.14 |
| February 2030 | 4,733.53 | 3,641.17 |
| March 2030 | 4,918.13 | 3,783.18 |
| April 2030 | 4,821.70 | 3,709.00 |
| May 2030 | 4,681.26 | 3,600.97 |
| June 2030 | 4,891.92 | 3,763.01 |
| July 2030 | 4,796.00 | 3,689.23 |
| August 2030 | 4,944.33 | 3,803.33 |
| September 2030 | 5,117.38 | 3,936.45 |
| October 2030 | 5,250.43 | 4,038.79 |
| November 2030 | 5,381.69 | 4,139.76 |
| December 2030 | 5,516.23 | 4,243.26 |
As we move into January 2030, TBO Tek Ltd is projected to see a maximum price of ₹4,615.19, with a minimum of ₹3,550.14. In the months ahead, the stock may experience steady growth, with a potential peak of ₹4,891.92 and a minimum of ₹3,763.01 by June 2030. By September, prices could reach a high of ₹5,117.38, with a minimum of ₹3,936.45. As we move towards the end of the year, November may see TBO Tek Ltd’s stock climb to a maximum of ₹5,381.69 and a minimum of ₹4,139.76, and by December, the prices could rise to ₹5,516.23, with a minimum of ₹4,243.26.
TBO Tek Ltd Financials: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 571 | 142 | 483 | 1,065 | 1,393 |
| Expenses + | 484 | 163 | 451 | 876 | 1,126 |
| Operating Profit | 87 | -21 | 32 | 189 | 267 |
| OPM % | 15% | -15% | 7% | 18% | 19% |
| Other Income + | 18 | 5 | 37 | 24 | 15 |
| Interest | 5 | 2 | 7 | 14 | 19 |
| Depreciation | 12 | 11 | 16 | 25 | 36 |
| Profit before tax | 88 | -30 | 46 | 174 | 227 |
| Tax % | 17% | 16% | 27% | 15% | 12% |
| Net Profit + | 73 | -34 | 34 | 148 | 201 |
| EPS in Rs | 384.79 | -180.13 | 3.23 | 13.84 | 19.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
TBO Tek Ltd’s financial performance from March 2020 to March 2024 highlights a consistent growth trajectory. Sales surged from ₹571 crore in March 2020 to ₹1,393 crore in March 2024, reflecting an impressive expansion in the company’s operations. Despite facing challenges in March 2021, with sales dropping to ₹142 crore and recording a loss, TBO Tek Ltd quickly rebounded. By March 2022, sales climbed to ₹483 crore, and the operating profit turned positive, though modest.
Operating profit margins (OPM%) significantly improved over the years, rising from 15% in March 2020 to 19% in March 2024. The company’s expenses rose in line with sales, from ₹484 crore in March 2020 to ₹1,126 crore in March 2024, but the increase in revenue led to higher operating profits, peaking at ₹267 crore in March 2024.
TBO Tek Ltd also managed its other financial aspects effectively, maintaining a relatively low interest burden and seeing depreciation costs grow due to increased investments in assets. The profit before tax grew from ₹88 crore in 2020 to ₹227 crore in 2024. With a tax rate decreasing to 12% in March 2024, net profit rose significantly to ₹201 crore, compared to ₹73 crore in March 2020. This resulted in a notable increase in earnings per share (EPS), which went from ₹384.79 in 2020 to ₹19.39 in 2024. Despite this growth, the company did not declare dividends during this period, focusing on reinvesting profits.
Overall, TBO Tek Ltd demonstrated solid financial recovery and expansion, positioning itself well for future growth.
FAQs
The current share price of TBO Tek stands at ₹1,701 as of 20th October 2024.
The projected share price target for TBO Tek during 2024-2030, based on market analysis and expert opinions, is estimated to range between ₹1,818.86 and ₹5,516.23.
The share price of TBO Tek can be influenced by various factors such as the company’s financial performance, market competition, government policies, global economic conditions, and consumer demand.
Is TBO Tek a good stock to buy?
With a Strong presence across multiple sectors and a consistent track record of financial growth, TBO Tek is regarded as an attractive long-term investment option, acknowledging the inherent risks associated with any stock.
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Conclusion
In conclusion, TBO Tek Ltd has solidified its position as a significant player in the global travel distribution market through its innovative B2B platform that connects travel agents with various suppliers. The company’s stable shareholding patterns, marked by increasing interest from Foreign Institutional Investors, reflect confidence in its long-term potential. Financially, TBO Tek has shown impressive growth, with sales rising from ₹571 crore in March 2020 to ₹1,393 crore in March 2024, while maintaining a positive operating profit margin that demonstrates effective cost management. As we look ahead, TBO Tek’s projected share price targets suggest a promising upward trajectory, potentially reaching ₹5,516.23 by December 2030, making it an appealing investment opportunity in the travel technology sector.
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