Travel Food Services Limited share price

NSE: TRAVELFOOD · ISIN INE103V01028

Key numbers

Market cap
₹ 15,980 Cr
Current price
₹ 1,213.30
52-week high / low
₹ 1,471 / 1,035
Stock P/E
33.7
Book value
₹ 109.5
Dividend yield
0.84%
ROCE
42.9%
ROE
35.3%
Debt to equity
0.17
Sales growth (3 yrs)
15.6%
Profit growth (3 yrs)
21.8%
1-year return
-9.8%

About Travel Food Services Limited

Travel Food Services Limited, together with its subsidiaries, manages and operates travel quick service restaurant outlets and lounges in India and internationally. The company engages in the operation of fast foods, cafes, bakeries, restaurants, and bars, as well as airport lounges. It is also involved in the development and management of technology infrastructure and related services for airport operations; provision of food, beverage, and hospitality services; consultancy services; and investment in commercial enterprises, as well as management activities. The company was incorporated in 2007 and is based in Mumbai, India. Travel Food Services Limited operates as a subsidiary of Ssp Asia Pacific Holdings Limited.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales375356456461452
Operating profit146135181186162
Net profit9296133121127
EPS (₹)6.977.2710.089.179.62

Concall summary (2026-08-21)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • I, on behalf of ICICI Securities, welcome you on the Travel Food Services Limited's Q1 FY27 Earnings Call.
  • So , as we expect passenger traffic to come back, as you were saying, that trend is what we expect to continue seeing going forward as passengers continue to spend as more come through and, many of these sectors come back which were temporarily disrupted.

Growth & demand

  • System-wide sales grew by 18% year-on-year to INR8.4 billion, while consolidated profit after tax increased by 35.6% year-on-year to INR1.3 billion.
  • We sustained strong momentum in new outlet openings, backed by recent contract wins and a robust pipeline, which translated into net contract gains of 15.9% year -on-year at the system - wide level.

Margins & costs

  • Travel Food Services Limited August 14, 2026 On the margin front, reported gross profit stood at INR3.9 billion, with a gross profit margin of 85.7%.
  • Adjusting for this reclassification of INR223 million of lounge aggregation cost from other expenses to cost of sales, the adjusted gross profit stands at INR3.65 billion, translating into an adjusted gross profit margin of around 81%, which remains well within our guided range.

Capex & expansion

  • Over the past year, we have expanded meaningfully across new airports and terminals, commissioning a large number of new outlets.
  • Consolidated like-for-like sales growth stood at 4.2%, while net contract gains remained strong at 20.2%, reflecting the contribution from recently commissioned units across Delhi, Cochin, Noida, and other key locations.

Balance sheet & cash

  • As of June 30th, we maintain a debt-free balance sheet and a consolidated cash balance of approximately INR9.7 billion.
  • Those are the leverages that we tend to enjoy, in terms of bringing the required economies of scale.

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