TBO Tek reported Revenue of INR 784 Cr in Q3 FY26 and Gross Transaction Value (GTV) of INR 9,709 Cr, a 35% year-on-year increase driven by Hotels + Ancillaries (+46% YoY) and Airlines (+19.7% YoY), while Monthly Transacting Buyers (MTBs) rose to 33,324 (+16% YoY) with international bookings up 49.1% YoY.
আর্থিক অবস্থার সংক্ষিপ্ত চিত্র
Key numbers reveal a company scaling across markets: Adjusted EBITDA (pre-M&A costs) climbed to INR 115 Cr, up 53% YoY, and profit before tax stood at INR 71.4 Cr. Despite acquisition-related cash outflows near INR 979 Cr, cash and cash equivalents closed at INR 1,492 Cr, supported by negative working capital from Classic Vacations.
| Metric (Q3 FY26) | Value | YoY Change |
|---|---|---|
| মোট লেনদেন মূল্য (জিটিভি) | INR 9,709 Cr | +35% |
| Revenue from operations | INR 784 Cr | +86% |
| Gross Profit | INR 483 Cr | +63% |
| Adjusted EBITDA (pre-M&A costs) | INR 115 Cr | +53% |
| Profit After Tax | INR 54 Cr | +7.4% |
| Monthly Transacting Buyers (MTBs) | 33,324 | +16% |
Regional and product drivers
Growth was broad-based across India, Europe, APAC and MEA, with the Hotels + Ancillaries vertical posting particularly strong gains in Europe, APAC and MEA (each above 30% YoY). The এয়ারলাইন্স segment contributed materially in India, which remained the largest single-market contributor in absolute terms.
- Hotels + Ancillaries: +46% YoY, led by enterprise and consumer demand recovery.
- এয়ারলাইন্স: +19.7% YoY, with India returning to double-digit growth for the quarter.
- International bookings: +49.1% YoY, lifting MTBs to 33,324.
Operational efficiency and integration impact
Enterprise GTV to Adjusted EBITDA conversion improved to 1.18% from 1.05% YoY. The consolidation of ক্ল্যাসিক ভ্যাকেশনস contributed a higher conversion of 2.46% during the quarter, indicating stronger margin mix from the US-focused business. Integration also expanded distribution reach and inventory depth for hotels and ancillary services.
Management perspective (summarised)
Co-founder and Joint MD গৌরব ভাটনগর framed Q3 as a milestone for integrating Classic Vacations into TBO’s operating metrics, citing expanded scale and access to the US market while sustaining momentum across other regions. Co-founder and Joint MD Ankush Nijhawan highlighted the quarter’s broad-based growth, with India’s airlines rebound complementing international performance to deliver the elevated Adjusted EBITDA.
Liquidity and acquisition dynamics
Acquisition cash outflows of approximately INR 979 Cr weighed on the quarter, but the company maintained a robust cash position at INR 1,492 Cr. The Classic Vacations deal brought negative working capital characteristics that supported liquidity while adding US market exposure—an important factor for global distribution resilience.
পর্যটন অপারেটর এবং ভ্রমণকারীদের জন্য প্রভাব
For tour operators, OTAs and local excursion providers, a stronger, more diverse distribution platform like TBO Tek can mean wider market access and improved connectivity between hotel inventory, airlines, and ancillary services. From a traveler’s perspective, increased GTV and inventory depth often translate to broader choices for ভ্রমণ অভিজ্ঞতা, from curated সরাসরি গাইডের সাথে জাদুঘর ভ্রমণ প্রতি। নতুনদের জন্য অ্যাডভেঞ্চার রাফটিং ট্রিপ or premium yacht charters.
Operational scale improvements may reduce friction in booking complex itineraries—important if you have a mind to combine a safari, a cruise package and city-based cultural activities in one trip.
What to watch next
- Q4 FY26: further operational leverage from Classic Vacations integration.
- Margin trajectory: whether enterprise conversion sustains above 1.18%.
- Market mix: balance between India and international revenue growth.
Highlights of this quarter include the sharp rise in রাজস্ব (+86% YoY), healthy Adjusted EBITDA growth (+53% YoY), and a material uptick in international bookings that boosts MTBs. Still, the real proof for travelers and local providers is personal experience—financials and reviews can guide choices, but firsthand trips reveal the true value. On GetExperience, you book your experience from verified providers at reasonable prices; the platform supports transparent bookings, secure payments and voucher confirmations, and lets you request bespoke tours or excursions tailored to your needs to receive offers that best match your preferences. Book your Trip গেটএক্সপেরিয়েন্স.কম
In summary, TBO Tek’s Q3 FY26 performance shows robust growth across product lines and geographies, driven by hotels, airlines and the strategic addition of Classic Vacations. Improved EBITDA conversion, elevated MTBs and healthier cash balances underpin a platform better positioned to serve both B2B partners and end travellers. For tourism stakeholders this suggests greater distribution scale for ভ্রমণ অভিজ্ঞতা থেকে শুরু করে বিলাস বহুল অ্যাডভেঞ্চার ভ্রমণ অভিজ্ঞতা এবং পরিবেশ-বান্ধব বন্যপ্রাণী সাফারি প্রতি। ইন্টারেক্টিভ অনলাইন কালচারাল ওয়ার্কশপ এবং পেশাদার ইস্পোর্টস প্রশিক্ষণ প্রোগ্রাম, all of which benefit from deeper inventory, improved logistics and more competitive packages.
টিবিও টেক Q3 FY26: রাজস্বে উল্লম্ফন, ক্ল্যাসিক ভ্যাকেশনস ইন্টিগ্রেশন বিশ্বব্যাপী প্রসারিত হয়েছে">