TBOTEK

What TBO Tek promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 31 tracked 4 delivered 12 missed 15 open
  • Organic Air Business Growth delivered said Q3 FY26 Promised: Double digits over the medium term / early teens Q1 FY27: India Airlines GTV grew by 15% in the quarter, meeting the 'early teens' growth target.
  • Adjusted EBITDA Margin went quiet said Q2 FY25 Promised: Maintain ~20% Q1 FY27: The original margin target was not addressed. Management continued to focus on GP to EBITDA conversion as the primary profitability metric, stating it 'should continue to improve'.
  • Classic Vacations Platform Migration delayed said Q3 FY26 Promised: Complete in 2-3 quarters Q1 FY27: Timeline has been extended. Management now expects platform integration to finish by 'CY end of this current calendar year' (Q3 FY27) and migration to happen 'early next year' (Q4 FY27), beyond the original 2-3 quarter window.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 31 tracked commitments for TBO Tek — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens