Travel Food Services
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Travel Food Services' whole-time director and chief financial officer Vikas Kapoor resigned on 7 October 2026 citing personal career aspirations. His last working date was yet to be announced. The company reported consolidated revenue from operations of about ₹1,648 crore in FY26 on system-wide sales of about ₹3,214 crore, with around 55% from travel quick-service restaurants and 41% from lounges. It operated 541 travel quick-service outlets and 39 lounges across 21 airports with 153 brands in the June quarter. Consolidated debt was nil with cash and investments of ₹969.8 crore at the end of June.
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Travel Food Services' whole-time director and chief financial officer Vikas Kapoor resigned on 7 October 2026 citing personal career aspirations. His last working date was yet to be announced. The company reported consolidated revenue from operations of about ₹1,648 crore in FY26 on system-wide sales of about ₹3,214 crore, with around 55% from travel quick-service restaurants and 41% from lounges. It operated 541 travel quick-service outlets and 39 lounges across 21 airports with 153 brands in the June quarter. Consolidated debt was nil with cash and investments of ₹969.8 crore at the end of June.
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Oct 8 (Reuters) - Travel Food Services Ltd TAVE.NS:
VIKAS KAPOOR RESIGNS AS CFO
Further company coverage: TAVE.NS
(([email protected];))
Oct 8 (Reuters) - Travel Food Services Ltd TAVE.NS:
VIKAS KAPOOR RESIGNS AS CFO
Further company coverage: TAVE.NS
(([email protected];))
Aug 13 (Reuters) - Travel Food Services Ltd TAVE.NS:
JUNE-QUARTER CONSOL NET PROFIT 1.27 BILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.52 BILLION RUPEES
Further company coverage: TAVE.NS
(([email protected];;))
Aug 13 (Reuters) - Travel Food Services Ltd TAVE.NS:
JUNE-QUARTER CONSOL NET PROFIT 1.27 BILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.52 BILLION RUPEES
Further company coverage: TAVE.NS
(([email protected];;))
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
(([email protected];))
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
(([email protected];))
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
(([email protected];))
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
(([email protected];))
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
(([email protected];;))
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
(([email protected];;))
** 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)
July 14 (Reuters) - Indian airport restaurant and lounge operator Travel Food Services TAVE.NS rose 2% in pre-open debut trade on Monday, amid a muted market this month due to the overhang of a trade deal with the United States.
The initial public offering is India's ninth-largest this year. The stock opened at 1,125 rupees on the National Stock Exchange, compared with its offer price of 1,100 rupees.
(Reporting by Ananta Agarwal and Kashish Tandon in Bengaluru; Editing by Vijay Kishore)
(([email protected]; 8800437922;))
July 14 (Reuters) - Indian airport restaurant and lounge operator Travel Food Services TAVE.NS rose 2% in pre-open debut trade on Monday, amid a muted market this month due to the overhang of a trade deal with the United States.
The initial public offering is India's ninth-largest this year. The stock opened at 1,125 rupees on the National Stock Exchange, compared with its offer price of 1,100 rupees.
(Reporting by Ananta Agarwal and Kashish Tandon in Bengaluru; Editing by Vijay Kishore)
(([email protected]; 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 Foodworld, Restau. Brands Asia. Market Cap of Travel Food Services is ₹15,911 Crs. While the median market cap of its peers are ₹9,270 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 30.6% and 3yr average dividend payout ratio is 32.28%
How has Travel Food Services allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable
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?
The profit is oscillating. The profit of Travel Food Services is ₹416 Crs for TTM, ₹441 Crs for Mar 2026 and ₹363 Crs for Mar 2025.
Is the debt of Travel Food Services increasing or decreasing?
The net debt of Travel Food Services is decreasing. Latest net debt of Travel Food Services is -₹113.66 Crs as of Mar-26. This is less 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 33.43, while 3 year average PE is 42.47. Also latest EV/EBITDA of Travel Food Services is 23.85 while 3yr average is 26.83.
Has the share price of Travel Food Services grown faster than its competition?
Travel Food Services has given better returns compared to its competitors. Travel Food Services has grown at ~-0.14% over the last 1yrs while peers have grown at a median rate of -24.95%
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 7.88% while previous quarter holding is 7.24%.