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Analyst questions

Praneet Kumar Reddy

Kotak Institutional Equities
TRAVELFOOD

Travel Food Services Limited

All company calls
Travel Food Services Limited CC-Jun26.pdf
26 May 2026
Open call
  1. Hi. Thank you for the opportunity and congrats on good set of numbers. My question is to understand the steady state LFL for the business. So, the objective is to understand what percentage of LFL growth can come from pricing and premiumization, and what percentage can come from rapid growth and penetration. Just to understand the breakup of LFL that you are looking at in more of a steady state?

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  2. Got that. Thank you for that. And my second question would be on the capital allocation part. Now we have a strong cash balance of more than INR8 billion, including investments. And that's as it was called out capex requirement might not be more than INR60 crores. Now what is our views in terms of capital allocation? And how do we see areas like duty -free or retail in the airport space itself?

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  3. Thank you so much.

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