IslandHopper

Gurugram, India Founded: 2012 • Age: 14 yrs Listed Acquired By Travel Boutique Online
Provider of online travel booking services for agents. This platform offers a comprehensive suite of tools and resources to facilitate the booking process for travel agents. It enables agents to access and manage bookings, providing a streamlined and efficient system for their operations. The platform supports various travel-related services, allowing agents to offer a wide range of options to their clients. Access is provided through a secure online portal, requiring user authentication for security.
Request Access
Report Incorrect Data
Page last updated

About IslandHopper

IslandHopper is a publicly listed company based in Gurugram (India) founded in 2012, and was acquired by Travel Boutique Online in March 2019. The company has 1,383 employees. Its website islandhopper.in draws about 22 thousand monthly visits. Its Indian entity Tbo Tek Limited reported revenue of ₹2,731 Cr. Its focus areas include Travel and Hospitality and Tour Operators.

Company details

IslandHopper was founded in 2012 and is headquartered in Gurugram, India. An online platform is operated to deliver booking tools and resources tailored for travel agents. Bookings are accessed and managed through a streamlined system that supports diverse travel services. User authentication is required for secure portal access, enabling efficient operations in the travel sector.

  • Headquarters Gurugram, India
  • Employees 1,383
  • Stage Acquired
  • Sectors
    Travel & Hospitality
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website islandhopper.in
  • Acquired by Travel Boutique Online (Mar 2019)
  • Legal Name Tbo Tek Limited
  • Date of Incorporation 06 Nov, 2006
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Travel & Hospitality → Tour Operators
Key Metrics
  • Market Cap
    ₹16,638 Cr

    TBOTEK · NSE

  • Share Price
    ₹1,593.50

    +4.00% today

  • Revenue
    ₹2,677 Cr

    FY 2025-26 · +54.1% YoY

  • EBITDA
    ₹378 Cr

    Margin 14.1%

  • Net Profit
    ₹239 Cr

    FY 2025-26 · +14.7% YoY

  • P/E (TTM)
    63.5x

    P/B 11.0x

  • ROE
    17.8%

    ROCE 18.3%

  • Debt / Equity
    0.35

    Interest cover 17.9x

  • Investors
    Travel Boutique Online
  • Employee Count
    1,383
  • Acquired by
    Travel Boutique Online

    (Mar 2019)

Investors in IslandHopper

IslandHopper has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Travel Boutique Online.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Travel Boutique Online
Bookings for travel agents are managed via an online platform.
2006travelboutiqueonline.comGurugram, India
Premium access

Investor details for IslandHopper

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Tbo Tek Limited (IslandHopper)

Tbo Tek Limited is the primary company behind IslandHopper. The board of Tbo Tek Limited currently have 8 directors; the longest-serving is Gaurav Bhatnagar, appointed in 2006. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gaurav Bhatnagar
DIN 00446482
Managing Director06 Nov 200619 yrs 11 moTbo Tek Limited
Ankush Nijhawan
DIN 01112570
Managing Director12 Mar 200719 yrs 7 moTbo Tek Limited
Ravindra Dhariwal
DIN 00003922
Director24 Nov 20214 yrs 11 moTbo Tek Limited
Bhaskar Pramanik
DIN 00316650
Director24 Nov 20214 yrs 11 moTbo Tek Limited
Anuranjita Kumar
DIN 05283847
Director24 Nov 20214 yrs 11 moTbo Tek Limited
Rahul Bhatnagar
DIN 07268064
Director24 Nov 20214 yrs 11 moTbo Tek Limited
Shantanu Rastogi
DIN 06732021
Nominee Director12 Nov 20241 yr 11 moTbo Tek Limited
Akshat Verma
DIN 10838493
Whole-time director16 Nov 20241 yr 11 moTbo Tek Limited

IPO & Listings of IslandHopper

IslandHopper is a publicly listed company on the NSE with ticker symbol TBOTEK in India, operating in the E-Commerce/App based Aggregator sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: TBOTEK
  • Listed entityTbo Tek Limited
  • Exchange sectorE-Commerce/App based Aggregator

Financials of IslandHopper

Exchange-reported figures of Tbo Tek Limited, the listed company behind IslandHopper (NSE: TBOTEK).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,677 Cr
+54.1% YoY
EBITDA
₹378 Cr
+32.8% YoY
Profit After Tax
₹239 Cr
+14.7% YoY
Net Worth
₹1,551 Cr
+29.8% YoY
Total Assets
₹2,344 Cr
+64.3% YoY
Total Debt
₹756 Cr
+253.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,6771,7371,3931,065483142571
Revenue growth+54.1%+24.7%+30.8%+120.3%+240.8%-75.2%-
EBITDA37828525318931.85(50.69)87.27
EBITDA margin+14.1%+16.4%+18.2%+17.7%+6.6%-35.8%+15.3%
Profit before tax29327522717446.04(29.54)88.18
Net profit23920820514228.47(10.42)72.28
Net profit margin+8.9%+12.0%+14.7%+13.3%+5.9%-7.4%+12.7%
EPS (₹)22.5021.1719.3913.843.23(180.18)384.84
Balance sheet
Total assets2,3441,427810419304225280
Net worth1,5511,195545340232204240
Total debt75621421070.6263.408.4316.52
Cash & bank1,2781,285854661504332288
Net working capital400849431267199184238
Cash flow
Cash from operations(20.77)28922623719850.61(3.22)
Cash from investing(361)(443)(154)(84.85)(26.80)(28.27)(6.10)
Cash from financing441365115(14.06)(15.67)(5.43)(8.37)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue926814784568511446422451
Revenue growth (YoY)+81.1%+82.5%+85.8%+25.9%+22.2%---
Other income12.9012.7912.3415.1921.1025.4020.2914.58
EBITDA13810595.0688.0673.4464.7255.2975.35
EBITDA margin+14.9%+12.9%+12.1%+15.5%+14.4%+14.5%+13.1%+16.7%
Depreciation33.0429.9126.4116.1513.9613.8912.9312.71
Interest14.5814.5514.898.875.265.395.715.95
Profit before tax10373.6766.1078.2375.3270.8456.9471.27
Tax19.9413.5812.4110.6812.3411.936.9711.19
Net profit83.3560.0953.6967.5562.9858.9149.9760.08
EPS (₹)7.745.594.996.275.855.474.645.64
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue584576539476264102379
Revenue growth+1.4%+6.9%+13.2%+80.3%+158.3%-73.1%-
EBITDA44.9764.1774.0886.1431.84(1.71)54.03
EBITDA margin+7.7%+11.1%+13.7%+18.1%+12.1%-1.7%+14.3%
Profit before tax75.7177.9863.2269.8642.5013.5052.86
Net profit56.5656.7156.6251.6730.369.2738.81
Net profit margin+9.7%+9.9%+10.5%+10.9%+11.5%+9.1%+10.2%
EPS (₹)5.205.234.534.963.0149.08204.26
Balance sheet
Total assets979865397328266195207
Net worth864786316259202179170
Total debt10067.2972.7562.362.690.0016.52
Cash & bank226710356277268232192
Net working capital374650279214162141152
Cash flow
Cash from operations(159)54.5899.0330.8341.6342.66(14.97)
Cash from investing(50.52)(295)(22.79)1.81(3.10)(26.53)(11.69)
Cash from financing(14.95)378(12.70)(12.96)(14.93)(5.06)(8.37)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue157146145144149146134142
Revenue growth (YoY)+5.7%-0.2%+8.6%+1.6%-3.6%---
Other income12.2726.8714.2211.519.0611.4012.4810.25
Total expenses134139136135130138125129
EBITDA23.286.229.058.9018.448.338.7013.28
EBITDA margin+14.8%+4.3%+6.2%+6.2%+12.4%+5.7%+6.5%+9.4%
Depreciation6.375.385.244.854.194.204.234.14
Interest2.432.482.552.211.651.721.741.78
Profit before tax26.7525.2315.4813.3521.6613.8115.2117.61
Tax6.686.253.933.515.545.213.864.04

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue926814784568511446422451
Revenue growth (YoY)+81.1%+82.5%+85.8%+25.9%+22.2%---
Other income12.9012.7912.3415.1921.1025.4020.2914.58
EBITDA13810595.0688.0673.4464.7255.2975.35
EBITDA margin+14.9%+12.9%+12.1%+15.5%+14.4%+14.5%+13.1%+16.7%
Depreciation33.0429.9126.4116.1513.9613.8912.9312.71
Interest14.5814.5514.898.875.265.395.715.95
Profit before tax10373.6766.1078.2375.3270.8456.9471.27
Tax19.9413.5812.4110.6812.3411.936.9711.19
Net profit83.3560.0953.6967.5562.9858.9149.9760.08
EPS (₹)7.745.594.996.275.855.474.645.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,6771,7371,3931,065483142571
Revenue growth+54.1%+24.7%+30.8%+120.3%+240.8%-75.2%-
Other income53.6574.5429.1324.0736.5134.7417.55
Total expenses2,2991,4531,140876451192484
Employee cost59641930522813563.62103
EBITDA37828525318931.85(50.69)87.27
EBITDA margin+14.1%+16.4%+18.2%+17.7%+6.6%-35.8%+15.3%
Depreciation86.4351.8836.1624.5615.6811.1211.85
Interest52.1032.9219.0914.246.642.474.79
Profit before tax29327522717446.04(29.54)88.18
Tax49.0044.6826.3425.7112.324.6115.25
Net profit23920820514228.47(10.42)72.28
Net profit margin+8.9%+12.0%+14.7%+13.3%+5.9%-7.4%+12.7%
EPS (₹)22.5021.1719.3913.843.23(180.18)384.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.8610.8610.4210.4210.421.901.90
Reserves & surplus1,5401,184534330221202238
Shareholders' funds (net worth)1,5511,195545340232204240
Minority interest0.000.000.00(3.09)0.000.000.00
Secured loans55789.221340.000.000.000.00
Unsecured loans19912576.8770.6263.408.4316.52
Total debt75621421070.6263.408.4316.52
Total liabilities2,3441,427810419304225280
Assets
Gross block1,86249044419412444.6546.60
Net block1,61934534913692.1722.7134.81
Capital work in progress14.2938.9113.870.000.178.603.53
Investments2631732.030.240.220.160.12
Inventories0.000.000.000.000.000.000.00
Sundry debtors5,3144,0613,3071,566531120303
Cash & bank balances1,2781,285854661504332288
Loans & advances76728231517813182.20160
Total current assets7,3595,6294,4762,4061,167535752
Total current liabilities6,9594,7794,0452,139968351513
Net working capital400849431267199184238
Total assets2,3441,427810419304225280
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash962751563425269252270
Net cash from operating activities(20.77)28922623719850.61(3.22)
Net cash from investing activities(361)(443)(154)(84.85)(26.80)(28.27)(6.10)
Net cash from financing activities441365115(14.06)(15.67)(5.43)(8.37)
Net change in cash59.9221018813815616.91(17.69)
Closing cash1,2781,285854661504332288
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+54.1%+24.7%+30.8%+120.3%+240.8%-75.2%-
EBITDA growth+32.8%+12.6%+33.9%+493.1%+162.8%-158.1%-
PBT growth+6.8%+21.0%+30.3%+278.3%+9998.0%-+157.3%
Net income growth+14.7%+1.3%+44.8%+398.1%+373.2%-114.4%-
Revenue CAGR (3Y)+36.0%+53.2%+114.2%+23.1%+3.1%-25.5%-
EBITDA CAGR (3Y)+26.0%+107.6%-+29.4%-7.5%--
Profitability & leverage
Net income margin+9.1%+13.2%+14.4%+14.0%+7.0%-24.1%+12.8%
Return on capital employed+18.3%+27.5%+39.9%+51.9%+16.9%+0.9%+39.0%
Return on net worth+17.8%+26.4%+45.3%+51.9%+13.1%-4.7%+36.4%
Debt / equity0.350.240.320.230.160.060.09
Long-term debt / equity0.290.200.300.220.150.040.07
Interest cover17.8614.138.808.6641.06-4.006.35
Efficiency & per share
Fixed asset turnover2.283.724.376.695.723.1111.92
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.570.470.571.021.480.671.67
EPS (₹)22.5021.1719.3913.843.23(180.18)384.84
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)142.80110.0552.2632.6422.251,076.891,268.27
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue157146145144149146134142
Revenue growth (YoY)+5.7%-0.2%+8.6%+1.6%-3.6%---
Other income12.2726.8714.2211.519.0611.4012.4810.25
Total expenses134139136135130138125129
EBITDA23.286.229.058.9018.448.338.7013.28
EBITDA margin+14.8%+4.3%+6.2%+6.2%+12.4%+5.7%+6.5%+9.4%
Depreciation6.375.385.244.854.194.204.234.14
Interest2.432.482.552.211.651.721.741.78
Profit before tax26.7525.2315.4813.3521.6613.8115.2117.61
Tax6.686.253.933.515.545.213.864.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue584576539476264102379
Revenue growth+1.4%+6.9%+13.2%+80.3%+158.3%-73.1%-
Other income60.8042.4221.1210.8728.5327.4813.42
Total expenses539512465390232104325
Employee cost24422617114489.4444.7670.60
EBITDA44.9764.1774.0886.1431.84(1.71)54.03
EBITDA margin+7.7%+11.1%+13.7%+18.1%+12.1%-1.7%+14.3%
Depreciation19.6616.9819.4016.3713.6310.6811.51
Interest10.4011.6312.5810.784.241.593.08
Profit before tax75.7177.9863.2269.8642.5013.5052.86
Tax19.2321.1716.0418.1611.104.2114.05
Net profit56.5656.7156.6251.6730.369.2738.81
Net profit margin+9.7%+9.9%+10.5%+10.9%+11.5%+9.1%+10.2%
EPS (₹)5.205.234.534.963.0149.08204.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.8610.8610.4210.4210.421.901.90
Reserves & surplus853775305248192178168
Shareholders' funds (net worth)864786316259202179170
Secured loans0.000.000.000.000.000.0016.52
Unsecured loans10067.2972.7562.362.690.000.00
Total debt10067.2972.7562.362.690.0016.52
Total liabilities979865397328266195207
Assets
Gross block21515214611810841.8965.58
Net block11672.0280.7072.1378.5320.7854.23
Capital work in progress0.144.091.540.000.170.460.00
Investments11817.6217.6216.3216.2616.2415.72
Inventories0.000.000.000.000.000.000.00
Sundry debtors49640935031020547.67157
Cash & bank balances226710356277268232192
Loans & advances12277.6211410978.4561.7482.98
Total current assets8431,197820696552342432
Total current liabilities469547541482389201280
Net working capital374650279214162141152
Total assets979865397328266195207
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash416278215195171160195
Net cash from operating activities(159)54.5899.0330.8341.6342.66(14.97)
Net cash from investing activities(50.52)(295)(22.79)1.81(3.10)(26.53)(11.69)
Net cash from financing activities(14.95)378(12.70)(12.96)(14.93)(5.06)(8.37)
Net change in cash(225)13763.5419.6723.6011.07(35.03)
Closing cash226710356277268232192
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1.4%+6.9%+13.2%+80.3%+158.3%-73.1%-
EBITDA growth-29.9%-13.4%-14.0%+170.5%+1962.0%-103.2%-
PBT growth-2.9%+23.4%-9.5%+64.4%+214.8%-74.5%+159.2%
Net income growth-0.3%+0.2%+9.6%+70.2%+227.5%-76.1%-
Revenue CAGR (3Y)+7.1%+29.7%+74.1%+7.9%-5.1%-27.2%+19.9%
EBITDA CAGR (3Y)-19.5%+26.3%-+16.8%+50.2%-+26.7%
Profitability & leverage
Net income margin+9.7%+9.9%+8.8%+10.9%+11.9%+9.1%+10.2%
Return on capital employed+9.3%+14.2%+24.5%+27.1%+20.3%+7.5%+27.0%
Return on net worth+6.9%+10.3%+19.7%+22.4%+16.5%+5.3%+22.9%
Debt / equity0.100.130.240.140.010.050.10
Long-term debt / equity0.090.110.210.130.010.030.06
Interest cover41.0924.6523.0115.4523.28-12.837.24
Efficiency & per share
Fixed asset turnover3.183.874.104.223.521.905.78
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover1.291.521.631.852.091.002.41
EPS (₹)5.205.234.534.963.0149.08204.26
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)79.6072.3430.2724.8119.40946.87894.05

Timeline of IslandHopper

2 dated milestones of IslandHopper across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded IslandHopper is founded.
  2. Exit Acquired by Travel Boutique Online.

Web traffic of IslandHopper

The website of IslandHopper (islandhopper.in) receives about 21.6K visits a month.

  • Monthly visits
    21.6K

    ▲ 82.5% vs previous month

Similar websites

Websites whose visitors overlap most with IslandHopper. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Travel Boutique Online
travelboutiqueonline.com
100%
654.7K#53,786View details
My Value Travel
myvaluetravel.com
90%
3.9K#3,351,254View details
islandhoppervacations.com
islandhoppervacations.com
86%
#12,228,310–
Chaka Travel
chakatravel.com
82%
#8,510,744View details
TravelBullz
travelbullz.com
81%
#1,634,605View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 21 similar websites and full traffic analytics for IslandHopper

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 21 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Islandhopper

TBOTEK: RS. 128.42 CRORES NSE BLOCK TRADE; FOR ~ 753,563 SHARES, AT RS. 1704.20
Exchange Update • 26 days ago
TBO Tek shares gain 3%; Nuvama initiates 'Buy' with Rs 2,200 target - The Economic Times
Economic Times • 1 month ago
TBOTEK: Rs. 17.16 Crores NSE Block Trade; for ~ 100,627 Shares, at Rs. 1705.00
Exchange Update • 1 month ago
IRCTC, Ixigo, RateGain, TBO Tek: Top travel stocks to buy; check fresh targets, ratings and more - BusinessToday
Business Today • 1 month ago
Volumes spurt at RHI Magnesita India Ltd counter | Capital Market News - Business Standard
Business Standard • 1 month ago
Broker’s call: TBO Tek (Buy) - The HinduBusinessLine
Thehindubusinessline • 1 month ago
TBO Tek: Jefferies on TBO Tek Maintains Buy with Target Price of ₹1,905 as growth remains robust despite near-term Middle East disruption, with Oplev expected to accelerate earnings growth, the Classic acquisition expanding luxury travel opportunities, AI augmenting the travel-agent model and wholesale providing a stable growth base.
Exchange Update • 1 month ago
Market Trading Guide: TBO Tek among 2 stock recommendations for Thursday - The Economic Times
Economic Times • 2 months ago
Sensex Today | Stock Market Live Updates: Nifty rises towards 24,600; TBO Tek up 7%
CNBCTV18 • 3 months ago
Buy TBO Tek; target of Rs 1850: Motilal Oswal
Moneycontrol • 3 months ago
Premium access

Complete news archive for IslandHopper

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about IslandHopper

IslandHopper was founded in 2012.

IslandHopper is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

IslandHopper has 1,383 employees.

The primary company behind IslandHopper, Tbo Tek Limited, reported revenue of ₹2,731 Cr for FY 2026, up 54% year on year.

IslandHopper was founded in 2012 and is headquartered in Gurugram, India. An online platform is operated to deliver booking tools and resources tailored for travel agents. Bookings are accessed and managed through a streamlined system that supports diverse travel services. User authentication is required for secure portal access, enabling efficient operations in the travel sector.

Yes, IslandHopper is publicly traded on NSE under the ticker symbol TBOTEK.

IslandHopper has 1 investor. Key investors include Travel Boutique Online.

IslandHopper operates through Tbo Tek Limited.

Yes. IslandHopper was acquired by Travel Boutique Online in March 2019.

The legal entities of IslandHopper currently have 10 directors, including Neera Chandak, Vikas Jain, Ravindra Dhariwal and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available