Financial Performance Highlights (H1 FY27 vs Comparative Periods)

Revenue Performance:

  • Revenue from Operations: ₹89.68 crore (₹8,967.94 lakh) in H1 FY27
  • Comparative Performance: H2 FY26: ₹66.42 crore (₹6,642.19 lakh), H1 FY26: ₹70.57 crore (₹7,057.02 lakh)
  • Year-over-Half Growth: 35% increase from H1 FY26

Profitability Metrics:

  • Profit Before Tax: ₹2.40 crore (₹239.99 lakh) in H1 FY27
  • Profit After Tax: ₹1.96 crore (₹195.78 lakh) in H1 FY27
  • PAT attributable to Owners: ₹1.93 crore (₹192.87 lakh)
  • Comparative PAT: H2 FY26: ₹0.93 crore (₹93.48 lakh), H1 FY26: ₹3.70 crore (₹369.55 lakh)
  • PAT more than doubled from H2 FY26

Margin Performance:

  • EBITDA Margin: 4.24% achieved in H1 FY27

Expense Breakdown (₹ lakh):

  • Cost of Services: ₹7,232.71
  • Employee Benefit Expense: ₹1,022.08
  • Finance Costs: ₹105.31
  • Depreciation & Amortisation: ₹86.16
  • Other Expenses: ₹332.54
  • Total Expenses: ₹8,778.80

Taxation:

  • Current Tax: ₹40.70 lakh
  • Deferred Tax: ₹1.36 lakh
  • Tax of Earlier Periods: ₹2.15 lakh

Operational and Strategic Developments

Network Expansion:

  • Expanded office network from 9 to 14 offices in H1 FY27
  • New markets entered: Nagercoil, Coimbatore, Jaipur, Indore, and Vadodara
  • Next planned office: Ahmedabad

Client Acquisition:

  • Added 22 new corporate clients in H1 FY27

Business Verticals:

Company operates five verticals covering corporate, leisure, inbound, and accommodation needs including MICE & Events, Hotel Stays, and Travel Services (VISA | Ticketing | Cruise)

Subsidiaries:

Three specialised subsidiaries extending reach into trade fairs, leisure, and sector-specific corporate travel

Management Commentary

Mr. Wilfred Selvaraj, Managing Director highlighted:

  • Strong turnaround with 35% revenue growth to ₹89.68 crore
  • EBITDA margin expansion to 4.24%
  • PAT more than doubled to ₹1.93 crore
  • Investments in talent and new offices for long-term growth
  • Geopolitical developments in Middle East led to higher fuel and travel costs
  • Technology upgrade with new CRM, mid-office and financial systems
  • Scaling of Wilfred Collections and Hotel Stays businesses
  • Building online travel platform for retail and individual travelers

Outlook and Forward Guidance

H2 FY27 Outlook:

  • Confirmed forward bookings exceeding ₹50 crore
  • Robust pipeline for H2 FY27
  • Margins expected to improve with easing cost pressures
  • Expected growth in accommodation businesses (Wilfred Collections and Hotel Stays)
  • Contribution from 5 new offices and 22 new clients added in H1
  • Continued recovery in leisure travel

Margin Impact Factors:

  • Geopolitical situation in Middle East impacted operating margin by approximately 3%
  • Employee costs increased due to new hires and annual salary increments
  • Expansion-related costs from 5 new offices
  • Expected margin improvement with stabilization in Middle East reducing fuel costs

Strategic Priorities:

  • Expand premium stay portfolio (added 19 units in Chennai in July 2026)
  • Expand corporate hotel booking business with access to 600,000+ global properties
  • Develop online travel platform for retail customers
  • Expand to selective new geographies (Dubai, Thailand)
  • Strengthen technology systems (CRM, mid-office, financial modules)
  • Develop pilgrimage & religious tourism segment