Thomas Cook margin trails sector median by 8.98 percentage points
Consolidated profit included Rs 61.12 cr of other income against Rs 88.46 cr of profit before tax; the results were filed after market close.
Filed 03 Aug 2026, 17:14 IST · after market close · Thomas Cook (India) Ltd (THOMASCOOK)
Key takeaways
- Consolidated Q1FY27 operating margin was 4.45%, 8.98 percentage points below the 13.43% median for 65 reporting Consumer Discretionary peers.
- Other income of Rs 61.12 cr was material against profit before tax of Rs 88.46 cr, making reported profit quality an important focus.
- Thomas Cook (India) ranked ninth from the bottom on operating margin among the 65 sector peers that had reported.
Price around the results
Low operating margin sets the quarter apart
Consolidated operating profit of Rs 93.03 cr translated into a 4.45% operating margin, leaving limited room after operating costs. The company ranked ninth from the bottom among 65 Consumer Discretionary peers that had reported, with the sector median at 13.43%.
Other income was material to reported profit
Other income of Rs 61.12 cr was a significant component of profit before tax of Rs 88.46 cr. After interest of Rs 23.49 cr, depreciation of Rs 42.20 cr and tax of Rs 24.75 cr, net profit was Rs 63.71 cr, so operating profitability and the composition of pre-tax profit merit separate attention.
No market reaction or quarter trend is available yet
The results were filed after market close, so there is no reported share-price reaction to assess. No sequential, year-on-year or multi-quarter comparison was provided for Q1FY27.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹2,092 cr |
| Other income | ₹61 cr |
| Expenses | ₹1,999 cr |
| Operating profit | ₹93 cr |
| Operating margin (%) | 4.45% |
| Interest | ₹23 cr |
| Depreciation | ₹42 cr |
| Profit before tax | ₹88 cr |
| Tax | ₹25 cr |
| Net profit | ₹64 cr |
| EPS (₹) | ₹1.54 |
Operating margin of 4.45% compares with a Consumer Discretionary sector median of 13.43% across 65 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves up from 4.45% in the next reported quarter.
- Whether other income remains material relative to profit before tax of Rs 88.46 cr.
- Whether the company narrows its 8.98 percentage-point operating-margin gap with the sector median of 13.43%.