Mukul Agarwal's Travel & Tourism Multibagger Stock: Omnichannel Travel Services Company Announced Strategic Joint Venture with SOTC Travel and Tourism New Zealand

With a PE ratio of 25.7, the company trades at a premium compared to the industry PE of 19.4. The company has ROCE of 19.1 per cent and ROE of 13.74 per cent.

Thomas Cook (India) Limited, a leading omnichannel travel services company, has announced a strategic joint venture with SOTC Travel and Tourism New Zealand. This collaboration aims to increase Indian tourist visits to New Zealand during its winter season, from June to August. The joint venture will focus on product development and strategic marketing, leveraging Thomas Cook and SOTC Travel's extensive consumer base across India's metros, mini-metros, and Tier 2 and 3 markets.

The initiative highlights New Zealand's winter attractions, such as snowboarding, skiing, and whale-watching, while promoting off-peak travel benefits like better pricing and fewer crowds. René de Monchy, Chief Executive of Tourism New Zealand, emphasised India's growing importance as a tourism market, noting the potential for increased bookings through high-impact marketing initiatives. Rajeev Kale, President & Country Head of Thomas Cook (India) Limited, expressed excitement about the partnership, aiming to inspire Indian travellers across various segments. S.D. Nandakumar of SOTC Travel highlighted the campaign's pan-India reach, encouraging exploration of New Zealand's unique winter experiences.

Thomas Cook (India) Limited, established in 1881, is a prominent player in the travel and financial services sector. The company offers a wide range of services, including Foreign Exchange, Corporate Travel, MICE, Leisure Travel, and Visa Services. It operates under 19 brands, such as SITA and TCI, and spans 25 countries across five continents. The company has a strong presence in both B2B and B2C markets, offering customised travel solutions. Its financial services segment is a leading omni-channel Forex provider in India, with a vast distribution network. Thomas Cook's leisure hospitality arm, Sterling Holiday Resorts, operates 40 resorts across 38 destinations, with plans for further expansion. The company also excels in digital imaging solutions through Digiphoto Entertainment Imaging, which has a global presence. Thomas Cook's strategic priorities include enhancing digital capabilities and expanding its service offerings to cater to diverse customer needs.

As of March 27, 2025, the current stock price of Thomas Cook (India) Limited is Rs 134.05. The 52-Week High is Rs 261.4, and the 52-Week Low is Rs 119.4. The market capitalisation of Thomas Cook (India) Limited is Rs 6,223 crore. The company has a 1-year return of -17.87 per cent and a 3-year return of 99.1 per cent. In the Septemeber quarter Mukul Mahvir Agarwal had 1.06 per cent stake in this company.

In the Quarterly Results of December 2024, the company reported a revenue of Rs 2,061.01 crore, reflecting a YoY growth of 8.87 per cent compared to Rs 1,893.13 crore in December 2023. The operating profit stood at Rs 115.75 crore, marking a decline of 0.61 per cent from Rs 116.46 crore in the same quarter last year. The profit after tax (PAT) declined by 39.82 per cent to Rs 49.58 crore from Rs 82.39 crore in December 2023.

In FY24, the company posted a revenue of Rs 7,299.35 crore, registering a 44.61 per cent growth compared to Rs 5,047.67 crore in FY23. The net profit for the year stood at Rs 259.03 crore, up 3909.75 per cent from Rs 6.46 crore in the previous financial year.

With a PE ratio of 25.7, the company trades at a premium compared to the industry PE of 19.4. The company has ROCE of 19.1 per cent and ROE of 13.74 per cent.

Investors must keep this Small-Cap stock on their radar.

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