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3 Airport Food and Retail Operator, Footwear Retail Leader and Air Conditioning and Cooling Company Stocks With a Strong Future Roadmap: Travel Food Services, Bata India and Blue Star

Travel Food Services, Bata India and Blue Star: ROE of 10.4% to 30.6% and FY22 to FY26 revenue CAGR of 10.1% to 43.8%. Prices as of 29 Oct 2026.


30 Oct 2026 • 3:27 pm

3 Airport Food and Retail Operator, Footwear Retail Leader and Air Conditioning and Cooling Company Stocks With a Strong Future Roadmap: Travel Food Services, Bata India and Blue Star

Quick Answer

The three airport food, footwear and cooling stocks to watch are Travel Food Services, Bata India and Blue Star. Their return on equity ranges from 10.4% to 30.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.1% to 43.8%. Travel Food Services leads on both return on equity at 30.6% and revenue growth at 43.8% a year. Prices are based on the 29 October 2026 close, and this article is educational, not investment advice.

Airport food, footwear and cooling stocks bring together companies with a visible plan for the years ahead. Travel Food Services, Bata India and Blue Star cover an airport food and retail operator, a footwear retail leader and an air conditioning and cooling company.

This list covers three airport food, footwear and cooling stocks with complete current figures: Travel Food Services, Bata India and Blue Star. Every figure comes from the latest reported financials and the 29 October 2026 market close. Companies without complete current figures were left out.

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What Are Airport Food, Footwear and Cooling Stocks?

Airport food, footwear and cooling stocks are listed companies that run food and retail outlets at airports and travel hubs, sell footwear through a large store network and make room air conditioners and commercial cooling products. Their earnings depend on passenger traffic, store sales and summer demand.

Airport Food, Footwear and Cooling Stocks at a Glance

Company CMP (Rs) Market Cap (Rs Cr) P/E Industry P/E ROE (%) D/E
Travel Food Services 1,148.5 15,598 32.1 57.5 30.6 0.17
Bata India 649.15 8,187 56.0 37.0 10.4 0.87
Blue Star 1,673 32,243 63.3 43.1 15.4 0.24

On valuation, Travel Food Services trades at a P/E below the industry P/E, while Bata India and Blue Star trade above it, which reflects the growth the market already expects. Readers comparing airport food, footwear and cooling stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in airport food, footwear and cooling stocks can use the coming numbers to test whether growth is holding.

Why Do Airport Food, Footwear and Cooling Stocks Have a Strong Roadmap in India?

Airport food, footwear and cooling stocks have a strong roadmap in India because growing air travel, rising incomes and wider use of cooling at homes and offices keep widening the market for these consumer facing companies.

  • Air travel. More passengers mean more airport spending.
  • Store network. Wide outlets reach shoppers in many cities.
  • Cooling demand. Warmer summers lift air conditioner use.

Why Travel Food Services Features Among These Airport Food, Footwear and Cooling Stocks

Among the airport food, footwear and cooling stocks on this list, Travel Food Services provides food, beverage and retail services at airports and other travel locations, operating a large portfolio of outlets under well-known brands in India and overseas.

Revenue rose from Rs 407 crore in FY22 to Rs 1,743 crore in FY26, a compound annual growth rate of 43.8%. Net profit grew from Rs 251 crore in FY23 to Rs 452 crore in FY26, which works out to a compound annual growth rate of 21.6%.

In the June 2026 quarter, revenue grew 25.9% year on year to Rs 498 crore, while net profit rose 35.6% to Rs 129 crore. The company has a return on equity of 30.6%, a debt to equity ratio of 0.17 and a market capitalisation of Rs 15,598 crore. The stock trades at a P/E of 32.1, below the industry P/E of 57.5.

Roadmap: Growth in air passenger traffic and the expansion of airport terminals create new space for outlets. Long-term concession agreements and a mix of national and international brands give the business visibility.

What to watch: Check passenger traffic trends and the opening of new airport and travel outlets.

Why Bata India Features Among These Airport Food, Footwear and Cooling Stocks

Among the everyday life and travel shares on this list, Bata India is the country's largest footwear retailer, selling under the Bata, Hush Puppies, Power and other brands through a large network of company-owned and franchised stores.

In the June 2026 quarter, revenue grew 4.0% year on year to Rs 997 crore, while net profit rose 23.0% to Rs 64.0 crore. Revenue rose from Rs 2,444 crore in FY22 to Rs 3,595 crore in FY26, a compound annual growth rate of 10.1%.

Net profit grew from Rs 103 crore in FY22 to Rs 134 crore in FY26, which works out to a compound annual growth rate of 6.8%. The company has a return on equity of 10.4%, a debt to equity ratio of 0.87 and a market capitalisation of Rs 8,187 crore. The stock trades at a P/E of 56.0, above the industry P/E of 37.0.

Roadmap: The company is widening its range into sports, casual and premium footwear and adding stores in smaller towns. A trusted brand and deep retail reach support steady demand.

What to watch: Follow store additions, premium product mix and same-store sales.

Why Blue Star Features Among These Airport Food, Footwear and Cooling Stocks

Among the three companies on this list, Blue Star is an air conditioning and commercial refrigeration company that sells room air conditioners, cooling products and electro-mechanical projects across India.

The company has a return on equity of 15.4%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 32,243 crore. The stock trades at a P/E of 63.3, above the industry P/E of 43.1.

Revenue rose from Rs 6,100 crore in FY22 to Rs 12,464 crore in FY26, a compound annual growth rate of 19.6%. Net profit grew from Rs 168 crore in FY22 to Rs 527 crore in FY26, which works out to a compound annual growth rate of 33.1%. In the June 2026 quarter, revenue grew 13.4% year on year to Rs 3,399 crore.

Roadmap: The company benefits from rising air conditioner penetration, growth in commercial buildings and expansion of cold chain. A wide service network and trusted brand support market share.

What to watch: Track room air conditioner volumes, commercial cooling orders and project execution.

Travel Food Services vs Bata India vs Blue Star on Key Financials

The table below sets the three airport food, footwear and cooling stocks side by side on revenue, profit and margin, using reported figures.

Company FY22 Revenue (Rs Cr) FY26 Revenue (Rs Cr) Revenue CAGR (FY22-FY26) FY26 Net Profit (Rs Cr) FY26 Net Margin
Travel Food Services 407 1,743 43.8% 452 26.0%
Bata India 2,444 3,595 10.1% 134 3.7%
Blue Star 6,100 12,464 19.6% 527 4.2%

Travel Food Services posts the highest return on equity in this group at 30.6%. Blue Star has the largest FY26 revenue at Rs 12,464 crore, and Travel Food Services shows the fastest revenue growth with a 43.8% compound annual rate. A useful habit with airport food, footwear and cooling stocks is to check each new quarterly result against the capacity plans the company described earlier.

The June 2026 quarter, the latest reported, gives a fresh read on momentum:

Company Q1 FY26 Revenue (Rs Cr) Q1 FY27 Revenue (Rs Cr) Year-on-Year Growth
Travel Food Services 396 498 25.9%
Bata India 959 997 4.0%
Blue Star 2,998 3,399 13.4%

Key Risks to Check Before Investing in Airport Food, Footwear and Cooling Stocks

Every theme carries risks that deserve a check before any decision. For these airport food, footwear and cooling stocks, the main points are: Long-term everyday life and travel shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

  • Travel cycles. Bookings and occupancy follow travel demand.
  • Footfall and spending. Store sales follow consumer mood and seasons.
  • Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.

Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.

Use the Univest Stock Screener to filter airport food, footwear and cooling stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Airport Food, Footwear and Cooling Stocks

Airport food, footwear and cooling stocks suit investors who prefer to study business strength before price moves. Travel Food Services, Bata India and Blue Star each have a clear plan to grow. Based on the 29 October 2026 close, Travel Food Services trades at Rs 1,148.5, Bata India at Rs 649.15 and Blue Star at Rs 1,673. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these airport food, footwear and cooling stocks to a watchlist.

Download the Univest iOS App or Univest Android App to track airport food, footwear and cooling stocks, set price alerts and get research-backed stock ideas.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

What are airport food, footwear and cooling stocks?

Ans. Airport food, footwear and cooling stocks are listed companies that run food and retail outlets at airports and travel hubs, sell footwear through a large store network and make room air conditioners and commercial cooling products. Their earnings depend on passenger traffic, store sales and summer demand. This list looks at three of them, Travel Food Services, Bata India and Blue Star, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.

Which airport food, footwear and cooling stocks are covered in this list?

Ans. This list covers Travel Food Services, Bata India and Blue Star. Based on the 29 October 2026 close, Travel Food Services traded at Rs 1,148.5, Bata India at Rs 649.15 and Blue Star at Rs 1,673. Their return on equity ranges from 10.4% to 30.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.1% to 43.8%.

Why do airport food, footwear and cooling stocks have a strong future roadmap in India?

Ans. Airport food, footwear and cooling stocks have a strong roadmap in India because growing air travel, rising incomes and wider use of cooling at homes and offices keep widening the market for these consumer facing companies. The main drivers are as follows. Air travel. More passengers mean more airport spending. Store network. Wide outlets reach shoppers in many cities. Cooling demand. Warmer summers lift air conditioner use. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Travel Food Services performed financially?

Ans. Revenue rose from Rs 407 crore in FY22 to Rs 1,743 crore in FY26, a compound annual growth rate of 43.8%. Net profit grew from Rs 251 crore in FY23 to Rs 452 crore in FY26, which works out to a compound annual growth rate of 21.6%. In the June 2026 quarter, revenue grew 25.9% year on year to Rs 498 crore, while net profit rose 35.6% to Rs 129 crore. The company has a return on equity of 30.6%, a debt to equity ratio of 0.17 and a market capitalisation of Rs 15,598 crore. The stock trades at a P/E of 32.1, below the industry P/E of 57.5. Looking ahead, growth in air passenger traffic and the expansion of airport terminals create new space for outlets. Long-term concession agreements and a mix of national and international brands give the business visibility.

How has Bata India performed financially?

Ans. Revenue rose from Rs 2,444 crore in FY22 to Rs 3,595 crore in FY26, a compound annual growth rate of 10.1%. Net profit grew from Rs 103 crore in FY22 to Rs 134 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 4.0% year on year to Rs 997 crore, while net profit rose 23.0% to Rs 64.0 crore. The company has a return on equity of 10.4%, a debt to equity ratio of 0.87 and a market capitalisation of Rs 8,187 crore. The stock trades at a P/E of 56.0, above the industry P/E of 37.0. Looking ahead, the company is widening its range into sports, casual and premium footwear and adding stores in smaller towns. A trusted brand and deep retail reach support steady demand.

How has Blue Star performed financially?

Ans. Revenue rose from Rs 6,100 crore in FY22 to Rs 12,464 crore in FY26, a compound annual growth rate of 19.6%. Net profit grew from Rs 168 crore in FY22 to Rs 527 crore in FY26, which works out to a compound annual growth rate of 33.1%. In the June 2026 quarter, revenue grew 13.4% year on year to Rs 3,399 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 32,243 crore. The stock trades at a P/E of 63.3, above the industry P/E of 43.1. Looking ahead, the company benefits from rising air conditioner penetration, growth in commercial buildings and expansion of cold chain. A wide service network and trusted brand support market share.

What risks should investors check before buying airport food, footwear and cooling stocks?

Ans. Investors should check a few risks before buying airport food, footwear and cooling stocks. Travel cycles. Bookings and occupancy follow travel demand. Footfall and spending. Store sales follow consumer mood and seasons. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.

Is this list of airport food, footwear and cooling stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 29 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.

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