TBO Tek Limited

NSEI:TBOTEK Stock Report

Market Cap: ₹157.5b

TBO Tek Management

Management criteria checks 3/4

TBO Tek's CEO is Ankush Nijhawan, appointed in Nov 2021, has a tenure of 4.67 years. total yearly compensation is ₹73.35M, comprised of 68.5% salary and 31.5% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth ₹975.31M. The average tenure of the management team and the board of directors is 4.7 years and 4.7 years respectively.

Key information

Ankush Nijhawan

Chief executive officer

₹73.4m

Total compensation

CEO salary percentage68.47%
CEO tenure4.7yrs
CEO ownership0.6%
Management average tenure4.7yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

Narrative Update Jun 26

TBOTEK: Upcoming Board Decisions Will Support Confidence In Future Upside

Analysts have trimmed their price target on TBO Tek, with fair value moving from about ₹1,910.70 to roughly ₹1,711.09 as they refresh assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News for TBO Tek TBO Tek has scheduled a Board Meeting on May 28, 2026, at 10:15 Indian Standard Time to consider audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.
Analysis Article Jun 05

TBO Tek's (NSE:TBOTEK) Profits Appear To Have Quality Issues

The recent earnings posted by TBO Tek Limited ( NSE:TBOTEK ) were solid, but the stock didn't move as much as we...
Analysis Article Jun 01

Analysts Have Made A Financial Statement On TBO Tek Limited's (NSE:TBOTEK) Annual Report

Investors in TBO Tek Limited ( NSE:TBOTEK ) had a good week, as its shares rose 2.9% to close at ₹1,229 following the...
New Narrative Apr 05

Integration And ForEx Risks Will Persist Yet Long Term Platform Benefits Should Emerge

Catalysts About TBO Tek TBO Tek operates a global travel distribution platform that connects travel suppliers with travel advisors across air, hotels and related services. What are the underlying business or industry changes driving this perspective?
Narrative Update Mar 24

TBOTEK: Upcoming Governance Decisions Will Support Confidence In Future Upside

Analysts now set a slightly lower price target for TBO Tek, trimming it from ₹1,971.89 to ₹1,910.70, as small adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions feed into their updated view. What's in the News Board meeting scheduled for Feb 11, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025, which may offer further insight into TBO Tek's recent operating and financial trends (Key Developments).
Narrative Update Mar 10

TBOTEK: Upcoming Governance Meetings Will Support Confidence In Future Upside

Analysts have kept their fair value estimate for TBO Tek steady at ₹1,971.89, with only minor tweaks to inputs such as discount rate, revenue growth, profit margin and forward P/E assumptions shaping this latest price target update. What's in the News TBO Tek has scheduled a Special or Extraordinary Shareholders Meeting on March 15, 2026, to be conducted via postal ballot in India (company filing).
Narrative Update Feb 23

TBOTEK: Upcoming Governance Events Will Support Confidence In Future Upside

Analysts have nudged their fair value estimate for TBO Tek up from about ₹1,944 to roughly ₹1,972, reflecting slightly lower assumed discount rates, a modestly higher profit margin outlook, and a somewhat more conservative future P/E multiple and revenue growth profile. What's in the News TBO Tek has scheduled a Board Meeting on February 11, 2026 to consider and approve its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Analysis Article Feb 14

TBO Tek Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Investors in TBO Tek Limited ( NSE:TBOTEK ) had a good week, as its shares rose 3.9% to close at ₹1,521 following the...
Narrative Update Feb 09

TBOTEK: Steady Assumptions And Refined Discount Rate Will Support Upside

Analysts have maintained their fair value estimate for TBO Tek at ₹1,944.11, with only minor adjustments to assumptions, including a slightly lower discount rate and a marginally reduced future P/E. These changes reflect refinements to their models rather than a major shift in view.
Narrative Update Jan 25

TBOTEK: Upcoming Results And Revised Assumptions Will Support Long Term Upside

Analysts have lifted their fair value estimate for TBO Tek from ₹1,913.56 to ₹1,944.11, citing updated assumptions on revenue growth, discount rate and forward P/E, partly offset by slightly softer profit margin expectations. What's in the News TBO Tek has scheduled a board meeting on November 3, 2025, to consider and approve its unaudited standalone financial results for the quarter and half year ended September 30, 2025, along with the statutory auditors' limited review report (company filing).
Analysis Article Jan 22

There's Been No Shortage Of Growth Recently For TBO Tek's (NSE:TBOTEK) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Narrative Update Jan 11

TBOTEK: Upcoming Results And AI Travel Partnership Will Support Long Term Upside

Analysts have made a small upward adjustment to their fair value estimate for TBO Tek to ₹1,913.56 from ₹1,908, reflecting updated assumptions around discount rates, profit margins and future P/E expectations. What's in the News TBO Tek has scheduled a board meeting on November 3, 2025, to consider and approve the unaudited standalone financial results for the quarter and half year ended September 30, 2025, along with the limited review report of the statutory auditors (company filing).
Analysis Article Dec 26

TBO Tek (NSE:TBOTEK) Could Easily Take On More Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Narrative Update Dec 16

TBOTEK: AI Travel Partnership Will Drive Long Term Platform Upside

Narrative Update The analyst price target for TBO Tek has been raised modestly from ₹1,852.78 to ₹1,908.00, as analysts factor in slightly faster revenue growth, improving profit margins, and a marginally higher justified future earnings multiple, despite a small uptick in the assumed discount rate. What's in the News TBO Tek has partnered with Amadeus South Asia to launch Travel Marketplace, an AI driven platform connecting travel sellers and providers through a single ecosystem, aimed at expanding access to next generation travel content and services across South Asia (Key Developments).
Narrative Update Dec 02

TBOTEK: Upcoming Meetings And New Partnerships Will Shape Future Performance

Analysts have raised their price target for TBO Tek slightly from ₹1,851.67 to ₹1,852.78, reflecting their improved outlook based on modest enhancements in profit margin projections and a lower discount rate. What's in the News TBO Tek Limited will hold a Board Meeting on November 3, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.
Narrative Update Nov 17

TBOTEK: Rising Revenue Outlook And New Partnerships Will Drive Performance

Analysts have raised their price target for TBO Tek from ₹1,768.75 to ₹1,851.67. They cite improved revenue growth forecasts and a slightly lower discount rate as key drivers behind the upward revision.
Analysis Article Nov 06

TBO Tek Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

As you might know, TBO Tek Limited ( NSE:TBOTEK ) just kicked off its latest quarterly results with some very strong...
Narrative Update Sep 20

International Expansion And Digitalization Will Expand Global Reach

A substantial increase in consensus revenue growth forecasts for TBO Tek has outweighed the decline in net profit margin, leading to a significant upward revision in the analyst price target from ₹1577 to ₹1769. What's in the News Board meeting scheduled to approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, and review the statutory auditors' limited review report.
Analysis Article Sep 09

Analysts Are Betting On TBO Tek Limited (NSE:TBOTEK) With A Big Upgrade This Week

Shareholders in TBO Tek Limited ( NSE:TBOTEK ) may be thrilled to learn that the analysts have just delivered a major...
Narrative Update Sep 05

International Expansion And Digitalization Will Expand Global Reach

TBO Tek’s consensus analyst price target and key valuation metrics such as future P/E and discount rate remained essentially unchanged, indicating analysts see no meaningful shift in fair value and maintaining the target at ₹1577. What's in the News Upcoming board meeting scheduled to consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, along with the limited review report.
Analysis Article Aug 07

TBO Tek Limited Just Missed Earnings - But Analysts Have Updated Their Models

NSEI:TBOTEK 1 Year Share Price vs Fair Value Explore TBO Tek's Fair Values from the Community and select yours TBO Tek...
Analysis Article Jul 28

Is TBO Tek (NSE:TBOTEK) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 25

₹1,574: That's What Analysts Think TBO Tek Limited (NSE:TBOTEK) Is Worth After Its Latest Results

It's been a good week for TBO Tek Limited ( NSE:TBOTEK ) shareholders, because the company has just released its latest...
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New Narrative May 18

Global Expansion And AI Will Transform Hotel Offerings

Aggressive geographic expansion is expected to boost revenue by localizing offerings and capitalizing on new markets.
Analysis Article Mar 28

TBO Tek (NSE:TBOTEK) Seems To Use Debt Rather Sparingly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 01

The Price Is Right For TBO Tek Limited (NSE:TBOTEK) Even After Diving 25%

The TBO Tek Limited ( NSE:TBOTEK ) share price has fared very poorly over the last month, falling by a substantial 25...
Analysis Article Aug 16

TBO Tek (NSE:TBOTEK) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

CEO Compensation Analysis

How has Ankush Nijhawan's remuneration changed compared to TBO Tek's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹2b

Dec 31 2025n/an/a

₹2b

Sep 30 2025n/an/a

₹2b

Jun 30 2025n/an/a

₹2b

Mar 31 2025₹73m₹50m

₹2b

Dec 31 2024n/an/a

₹2b

Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹74m₹46m

₹2b

Dec 31 2023n/an/a

₹2b

Mar 31 2023₹71mn/a

₹1b

Dec 31 2022n/an/a

₹1b

Mar 31 2022₹2mn/a

₹337m

Mar 31 2021₹1mn/a

-₹341m

Compensation vs Market: Ankush's total compensation ($USD767.70K) is above average for companies of similar size in the Indian market ($USD484.57K).

Compensation vs Earnings: Ankush's compensation has been consistent with company performance over the past year.


CEO

Ankush Nijhawan (49 yo)

4.7yrs
Tenure
₹73,352,000
Compensation

Mr. Ankush Nijhawan is Partner of Kisho Capital. He is Co-Founder of TBO Tek Limited and serves as its Joint Managing Director since November 26, 2021 and serves as its Director since March 12, 2007. Mr. N...


Leadership Team

NamePositionTenureCompensationOwnership
Ankush Nijhawan
Co-Founder4.7yrs₹73.35m0.61%
₹ 965.2m
Gaurav Bhatnagar
Co-Founder4.7yrs₹44.61m17.7%
₹ 27.9b
Akshat Verma
CTO & Additional Whole-Time Director3.4yrs₹7.40m0.0022%
₹ 3.5m
Neera Chandak
Company Secretary & Compliance Officer4.7yrsno datano data
Pramendra Tomar
General Counsel1.4yrsno datano data
Martin Jones
Chief Supply Officer of Tek Travels DMCC4.3yrsno datano data
Vikas Jain
Chief Financial Officer4.7yrsno datano data
Shreshth Mahajan
Associate Director of Investor Relationsno datano datano data
Aarish Khan
Chief Commercial Officer for Indiano data₹15.68mno data
Swati Bansal
Country Head of Holidays & Packages At Nijhawan Groupno datano datano data
Manpreet Singh
Operation Head of White Label & Api Solutionsno datano datano data
V. Balaji
General Manager & Chief Strategy Officer of International Business6.8yrsno datano data
4.7yrs
Average Tenure

Experienced Management: TBOTEK's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ankush Nijhawan
Co-Founder19.3yrs₹73.35m0.61%
₹ 965.2m
Gaurav Bhatnagar
Co-Founder19.7yrs₹44.61m17.7%
₹ 27.9b
Akshat Verma
CTO & Additional Whole-Time Director1.7yrs₹7.40m0.0022%
₹ 3.5m
Ravindra Dhariwal
Independent Chairman4.7yrs₹4.00mno data
Shantanu Rastogi
Non-Executive Nominee Director1.6yrsno datano data
Rahul Bhatnagar
Independent Director4.7yrs₹3.20mno data
Bhaskar Pramanik
Independent Director4.7yrs₹3.20mno data
Anuranjita Kumar
Independent Director4.7yrs₹3.20mno data
4.7yrs
Average Tenure
61.5yo
Average Age

Experienced Board: TBOTEK's board of directors are considered experienced (4.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 11:41
End of Day Share Price 2026/07/09 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TBO Tek Limited is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Deep Shah360 ONE Capital Market Private Limited
Kavish Parekh360 ONE Capital Market Private Limited
null null360 ONE Capital Market Private Limited