Mukul Agrawal portfolio company announces robust results: Net profits skyrocket by 2,600 per cent, stock gains 200 per cent in just one year!

The company's shares have delivered a multibagger return of around 350 per cent to their shareholders in the past three years.

The travel service provider Thomas Cook India has announced stellar financial performance for both Q4 and the full fiscal year 2024 (FY24).

Financial performance of Thomas Cook

As per the Quarterly Results, Thomas Cook (I) experienced significant year-over-year growth in various financial metrics as of Q4 FY24. The company's revenue increased by 27 per cent, rising to Rs 1,664 crore from Rs 1,313 crore in the previous quarter last year. Operating profits saw an impressive surge of 152 per cent, reaching Rs 91.2 crore compared to Rs 36.2 crore during the same period. Most notably, net profit skyrocketed by 908 per cent, climbing to Rs 58.2 crore from a loss of Rs 10.2 crore in the same quarter last year. In FY24, the company’s revenue surged by 44.61 per cent while PAT skyrocketed by 2610 per cent YoY to Rs 271 crore.

The company’s ROCE and ROE are 19 per cent and 13.7 per cent while the shares are trading at a PE of 38.4 times in the market. 

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Shareholding Pattern of Thomas Cook

In March 2024, the promoters' stake stood at 63.83 per cent while FIIs held 2.29 per cent in which increased from 1.83 per cent. The DIIs stake stood at around 8.64 per cent as per the recent update. Ace investor Mukul Agrawal has held a 1.06 per cent stake in the company since June 2022.

Share Performance of Thomas Cook

Today, this Small-Cap company’s stock opened at Rs 225.10 and finally closed at Rs 210.55 per share on the BSE, representing a decrease of 4.10 per cent. The stock has delivered a multibagger return of around 198 per cent in the past one year and 345 per cent over the past three years. The current market capitalisation of the company stands at Rs 9,903 crore.

Business Overview of Thomas Cook

Thomas Cook offers a wide range of services including Foreign Exchange, Corporate Travel, MICE (Meetings, Incentives, Conferences, and Exhibitions), Leisure Travel, Visa and Passport services, and E-Business. Established in India in 1881, the Thomas Cook India Group now operates in over 25 countries across 5 continents, employing more than 8,388 people. The company boasts 19 brands under its umbrella, such as SITA, TCI, and Distant Frontiers.

Investors must keep this small-cap multibagger stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.