TRAVELFOOD
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Travel Food Services Ltd Dec-Quarter Consol Net Profit 1.33 Billion Rupees
Feb 12 (Reuters) - Travel Food Services Ltd TAVE.NS:
TRAVEL FOOD SERVICES LTD - DEC-QUARTER CONSOL NET PROFIT 1.33 BILLION RUPEES
TRAVEL FOOD SERVICES LTD - DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.56 BILLION RUPEES
Source text: ID:nBSE4K7R1j
Further company coverage: TAVE.NS
Feb 12 (Reuters) - Travel Food Services Ltd TAVE.NS:
TRAVEL FOOD SERVICES LTD - DEC-QUARTER CONSOL NET PROFIT 1.33 BILLION RUPEES
TRAVEL FOOD SERVICES LTD - DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.56 BILLION RUPEES
Source text: ID:nBSE4K7R1j
Further company coverage: TAVE.NS
Travel Food Services Ltd Says TFS Delhi T3 Enters License Agreement With Dial
Jan 9 (Reuters) - Travel Food Services Ltd TAVE.NS:
TRAVEL FOOD SERVICES LTD - TFS DELHI T3 ENTERS LICENSE AGREEMENT WITH DIAL
Source text: ID:nBSE7L5Qc4
Further company coverage: TAVE.NS
Jan 9 (Reuters) - Travel Food Services Ltd TAVE.NS:
TRAVEL FOOD SERVICES LTD - TFS DELHI T3 ENTERS LICENSE AGREEMENT WITH DIAL
Source text: ID:nBSE7L5Qc4
Further company coverage: TAVE.NS
Travel Food Services Gets License To Operate At Cochin Airport For 5 Years
Sept 11 (Reuters) - Travel Food Services Ltd TAVE.NS:
TRAVEL FOOD SERVICES LTD - AWARDED LICENSE TO OPERATE AT COCHIN AIRPORT FOR 5 YEARS, EXTENDABLE BY 2 YEARS
Source text: ID:nBSERLDWp
Further company coverage: TAVE.NS
Sept 11 (Reuters) - Travel Food Services Ltd TAVE.NS:
TRAVEL FOOD SERVICES LTD - AWARDED LICENSE TO OPERATE AT COCHIN AIRPORT FOR 5 YEARS, EXTENDABLE BY 2 YEARS
Source text: ID:nBSERLDWp
Further company coverage: TAVE.NS
India's Travel Food Services hits record high intraday pct gain on quarterly profit rise
** Travel Food Services TAVE.NS rises 6.2% to 1,148 rupees, highest since July 28
** Stock marks record high intraday pct gain since debut on July 14
** Airport restaurant and lounge operator posts 65.6% y/y jump in June-quarter consol net profit; rev from ops drops 8.5% y/y
** TAVE gains 2% since market debut
(Reporting by Rudra Pratap Singh in Bengaluru)
** Travel Food Services TAVE.NS rises 6.2% to 1,148 rupees, highest since July 28
** Stock marks record high intraday pct gain since debut on July 14
** Airport restaurant and lounge operator posts 65.6% y/y jump in June-quarter consol net profit; rev from ops drops 8.5% y/y
** TAVE gains 2% since market debut
(Reporting by Rudra Pratap Singh in Bengaluru)
India's Travel Food Services opens lower on debut, valued at $1.67 billion
Adds details throughout
July 14 (Reuters) - Shares of Indian airport restaurant and lounge operator Travel Food Services TAVE.NS fell in their trading debut on Monday, securing a valuation of $1.67 billion, as uncertainties over trade negotiations with the U.S. weighed on sentiment.
The shares were trading 1% lower as of 10:23 a.m. IST.
They opened at 1,125 rupees on the National Stock Exchange, compared with offer price of 1,100 rupees.
Travel Food Services, a joint venture between UK-based SSP Group SSPG.L, and India's K Hospitality Corp, runs restaurants such as Jamie Oliver's Pizzeria, Krispy Kreme and KFC at 18 airports across India, Malaysia and Hong Kong, as well as 37 lounges.
Analysts say IPO demand is influenced by overall market sentiment.
India's equity benchmarks, Nifty 50 .NSEI and BSE Sensex .BSESN eased on the day, as investors were on the edge due to uncertainty over a trade deal with the U.S. with disagreements over duties for auto components, steel and farm goods.
The Travel Food Services IPO was an offer for sale, with its largest shareholder, the Kapur Family Trust, offloading a stake worth 20 billion rupees, or 13.81%, at the top end of the price band.
($1 = 85.9400 Indian rupees)
(Reporting by Ananta Agarwal and Kashish Tandon in Bengaluru; Editing by Vijay Kishore and Eileen Soreng)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
Adds details throughout
July 14 (Reuters) - Shares of Indian airport restaurant and lounge operator Travel Food Services TAVE.NS fell in their trading debut on Monday, securing a valuation of $1.67 billion, as uncertainties over trade negotiations with the U.S. weighed on sentiment.
The shares were trading 1% lower as of 10:23 a.m. IST.
They opened at 1,125 rupees on the National Stock Exchange, compared with offer price of 1,100 rupees.
Travel Food Services, a joint venture between UK-based SSP Group SSPG.L, and India's K Hospitality Corp, runs restaurants such as Jamie Oliver's Pizzeria, Krispy Kreme and KFC at 18 airports across India, Malaysia and Hong Kong, as well as 37 lounges.
Analysts say IPO demand is influenced by overall market sentiment.
India's equity benchmarks, Nifty 50 .NSEI and BSE Sensex .BSESN eased on the day, as investors were on the edge due to uncertainty over a trade deal with the U.S. with disagreements over duties for auto components, steel and farm goods.
The Travel Food Services IPO was an offer for sale, with its largest shareholder, the Kapur Family Trust, offloading a stake worth 20 billion rupees, or 13.81%, at the top end of the price band.
($1 = 85.9400 Indian rupees)
(Reporting by Ananta Agarwal and Kashish Tandon in Bengaluru; Editing by Vijay Kishore and Eileen Soreng)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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What does Travel Food Services do?
Travel Food Services operates a travel quick service restaurant (Travel QSR) and a lounge (Lounge) business across airports in India, Malaysia and Hong Kong. It also has Travel QSR outlets at select highway sites in India. Its Travel QSR business comprises a range of curated food and beverage (F&B) concepts tailored for customers' demands for speed and convenience within travel environments.
Who are the competitors of Travel Food Services?
Travel Food Services major competitors are Jubilant FoodWorks, Devyani Internatl., Sapphire Foods India, Westlife Development, Restau. Brands Asia. Market Cap of Travel Food Services is ₹14,062 Crs. While the median market cap of its peers are ₹7,295 Crs.
Is Travel Food Services financially stable compared to its competitors?
Travel Food Services seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Travel Food Services pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Travel Food Services latest dividend payout ratio is 30.57% and 3yr average dividend payout ratio is 40.13%
How has Travel Food Services allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances
How strong is Travel Food Services balance sheet?
Balance sheet of Travel Food Services is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Travel Food Services improving?
Yes, profit is increasing. The profit of Travel Food Services is ₹383 Crs for TTM, ₹363 Crs for Mar 2025 and ₹288 Crs for Mar 2024.
Is the debt of Travel Food Services increasing or decreasing?
Yes, The net debt of Travel Food Services is increasing. Latest net debt of Travel Food Services is -₹51 Crs as of Sep-25. This is greater than Mar-25 when it was -₹69.05 Crs.
Is Travel Food Services stock expensive?
Travel Food Services is not expensive. Latest PE of Travel Food Services is 38.12, while 3 year average PE is 44.87. Also latest EV/EBITDA of Travel Food Services is 22.25 while 3yr average is 27.86.
Has the share price of Travel Food Services grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Travel Food Services?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Travel Food Services is 86.19% and last quarter promoter holding is 86.19%.
Are mutual funds buying/selling Travel Food Services?
The mutual fund holding of Travel Food Services is increasing. The current mutual fund holding in Travel Food Services is 7.24% while previous quarter holding is 6.43%.