Event Type: Q2 & H1 FY27 Earnings Conference Call hosted by 360 One Capital Market

Event Date and Time: November 3, 2026 (time not specified in the disclosure)

Purpose of Event: Discussion of Q2 FY27 financial and operating performance, including business updates and recovery trends across various segments.

Management Participants:

  • Mr. Mahesh Iyer: Managing Director and Chief Executive Officer – Thomas Cook (India) Limited
  • Mr. Debasis Nandy: President and Group Chief Financial Officer – Thomas Cook (India) Limited
  • Mr. Brijesh Modi: Chief Financial Officer – Thomas Cook (India) Limited
  • Mr. Vishal Suri: Managing Director and Chief Executive Officer – SOTC Travel Limited
  • Mr. Vikram Lalvani: Managing Director and Chief Executive Officer – Sterling Holidays Resorts
  • Mr. Krishna Kumar: Chief Financial Officer – Sterling Holidays Resorts
  • Mr. K. S. Ramakrishnan: Managing Director and Chief Executive Officer – DEI
  • Ms. Urvashi Butani: Head of Investor Relationships

Financial Period Discussed: Q2 FY27 (July-September 2026) and H1 FY27 (April-September 2026)

Key Financial Highlights:

  • Consolidated total income: INR 20,030 million (5% decline YoY)
  • Consolidated PBT before exceptional item: INR 848 million (broadly same as last year)
  • PBT margin: 4.2% (improved from 4% last year)
  • Financial Services segment revenue growth: 21% YoY
  • Financial Services EBIT margin: 44.1%
  • Travel segment revenue: INR 15,683 million (7% decline YoY)
  • India travel business: 6% below last year with EBIT margins of 3.8%
  • Sterling Holidays revenue: INR 1,272 million (17% growth YoY)
  • DEI revenue: INR 147 crores (22% decline YoY but improved from Q1)

Forward-Looking Statements:

  • India leisure forward bookings for Q3 (OND) trending at 30% growth over last year in value terms
  • Expectation of continued recovery in international operations, particularly Middle East markets
  • Sterling Holidays entering traditionally strong quarters (October-December and January-March)
  • Financial Services expected to maintain double-digit growth with margins between 40-45%

Compliance Statement: The transcript was uploaded pursuant to Regulations 30 and 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document does not explicitly state that no unpublished price sensitive information (UPSI) was shared.

Additional Notes Section

Attachments: The document references that the transcript of the earnings call has been uploaded to the company website at the provided link.

Financial Data Disclosure: The announcement contains extensive financial data from the Q2 FY27 earnings results, including segment-wise performance metrics, growth rates, and margin figures.

Operational Updates:

  • Branch network expanded to 310 branches (7% YoY growth)
  • AI-powered chatbot enhanced with DynaPack integration
  • Digital adoption in Financial Services increased to 22.4%
  • Sterling Holidays expanded to 83 properties with 4,000 keys
  • DEI implemented cost optimization measures and workforce rationalization