AI Summary
✦ ClarthaThomas Cook (India) is an integrated travel-services company operating financial services, travel services, vacation ownership and resorts, and digiphoto imaging. Foreign-exchange transactions drive financial services, while tour operations, travel management, visas, and insurance anchor travel revenue. Sterling Resorts’ record ₹170 crore Q1 FY27 revenue supports vacation-ownership growth, though the company missed revenue estimates by 15%. Revenue grew 3.2%, but profit declined 14%, indicating earnings pressure despite stable margins. ROE is unavailable, while debt-to-equity of 21.37 implies substantial leverage can amplify returns and financial risk. Digital transactions are accelerating, but recent profit declines raise questions about monetisation and cost control. At 22.6x earnings, valuation appears fair against current low profit growth, leaving limited room for execution setbacks.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 2 analysts
Fundamentals
Fundamentals institutional score is 80 using growth durability 80.4.
Valuation
Valuation institutional score is 79 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 88 using mean target upside 19.7%; dispersion penalty 5.5; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 32 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. fundamentals and valuation provide support, while technical structure remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 29.5% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.17). Confidence: 75%.
Live forward EPS implies next-12-month EPS of ₹6.45. Applying the stock's normalized valuation corridor produces a fair range of ₹170.99 to ₹246.45, with base value near ₹213.88 (+95.4% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹6.45
Forward P/E
17.0x
Base Fair Value
₹213.88
Fair Range
₹170.99 - ₹246.45
Upside To Base
+95.4%
Estimate Source
Live forward EPS
Growth Estimate
-0.6%
5Y Average
26.05
Current
23.38
Overvalued
38.21
Undervalued
26.51
5Y Average
0.71
Current
0.64
Overvalued
0.82
Undervalued
0.61
5Y Average
10.91
Current
9.79
Overvalued
14.59
Undervalued
6.31
Peers & Comparison
Sector: Consumer Discretionary · Theme: Tour & Travel Services
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
PTC INDIA LIMITED PTCTour & Travel Services | +19.1% | 2.9% | 10.0x Undervalued | -74% vs avg | -4.5% |
TBO TEK LIMITED TBOTEKTour & Travel Services | +81.1% | 8.6% | 66.5x Premium | +74% vs avg | +10.8% |
THOMAS COOK (INDIA) LTD trades at a discount (23.4x vs peer avg 38.2x), suggesting potential undervaluation relative to the Tour & Travel Services cohort. Peers include PTC INDIA LIMITED, TBO TEK LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹402 CrDec 2025Latest net profit
₹15 CrDec 2025Latest EPS
₹0.90Dec 2025Net margin
-4.7%Dec 2025Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Dec 2025
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 368 | 725 | 554 | 427 | 287 | 751 | 500 | 427 | 392 | 818 | 587 | 402 |
| Expenses | 385 | 683 | 527 | 433 | 288 | 697 | 477 | 431 | 399 | 787 | 564 | 412 |
| Operating Profit | -22.65 | 35.71 | 21.11 | -12.93 | -8.18 | 46.48 | 15.87 | -11.59 | -14.27 | 22.68 | 14.82 | -18.75 |
| OPM % | -6.15% | 4.93% | 3.81% | -3.03% | -2.85% | 6.19% | 3.18% | -2.71% | -3.64% | 2.77% | 2.53% | -4.66% |
| Other Income | 32.56 | 41.58 | 31.04 | 37.52 | 44.17 | 37.86 | 42.69 | 38.26 | 53.42 | 61.78 | 42.41 | 43.11 |
| Interest | 9.94 | 10.37 | 9.33 | 8.68 | 10.77 | 8.53 | 9.41 | 10.74 | 9.68 | 9.96 | 9.16 | 9.68 |
| Depreciation | 5.63 | 5.76 | 6.05 | 6.59 | 6.46 | 6.94 | 7.2 | 7.49 | 7.77 | 8.08 | 8.24 | 8.72 |
| Profit before tax | -0.03 | 66.92 | 42.82 | 15.91 | 25.22 | 75.81 | 49.15 | 15.93 | 29.47 | 74.5 | 48.07 | 14.68 |
| Tax % | -6033.33% | 30.8% | 40.64% | 30.67% | 36.95% | 33.86% | 33.55% | 33.08% | 36.92% | 25.45% | 55.61% | -1.91% |
| Net Profit | -1.84 | 46.31 | 25.42 | 11.03 | 15.9 | 50.14 | 32.66 | 10.66 | 18.59 | 55.54 | 21.34 | 14.96 |
| EPS in Rs | -0.04 | 1.00 | 0.55 | 0.24 | 0.37 | 1.08 | 0.70 | 0.24 | 0.40 | 1.19 | 0.65 | 0.90 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.