3 Business to Business Travel Platform, Fashion and Lifestyle Retailer and Branded Apparel Company Stocks With a Strong Future Roadmap: TBO Tek, Trent and Arvind Fashions

TBO Tek, Trent and Arvind Fashions: ROE of 13.0% to 24.6% and FY22 to FY26 revenue CAGR of 14.2% to 51.9%. Prices as of 29 Oct 2026.

Updated: 30 Oct 2026 • 3:22 pm

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3 Business to Business Travel Platform, Fashion and Lifestyle Retailer and Branded Apparel Company Stocks With a Strong Future Roadmap: TBO Tek, Trent and Arvind Fashions

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The three travel platform, fashion and apparel stocks to watch are TBO Tek, Trent and Arvind Fashions. Their return on equity ranges from 13.0% to 24.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.2% to 51.9%. Trent has the highest return on equity at 24.6%, while TBO Tek has the fastest revenue growth at 51.9% a year. Prices are based on the 29 October 2026 close, and this article is educational, not investment advice.

Travel platform, fashion and apparel stocks give investors a way to track businesses that sit close to everyday demand in India. TBO Tek, Trent and Arvind Fashions cover a business to business travel platform, a fashion and lifestyle retailer and a branded apparel company.

This list covers three travel platform, fashion and apparel stocks with complete current figures: TBO Tek, Trent and Arvind Fashions. 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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Table of Contents

What Are Travel Platform, Fashion and Apparel Stocks?

Travel platform, fashion and apparel stocks are listed companies that connect travel agents with airlines and hotels, run fashion and lifestyle stores under popular brands and sell branded clothing through stores and online. Their earnings depend on travel bookings, store sales and consumer mood.

Travel Platform, Fashion and Apparel Stocks at a Glance

Company	CMP (Rs)	Market Cap (Rs Cr)	P/E	Industry P/E	ROE (%)	D/E
TBO Tek	1,549.8	17,527	66.2	121.2	15.8	0.49
Trent	2,861.7	153,891	84.8	63.4	24.6	0.37
Arvind Fashions	358.9	4,847	26.0	49.5	13.0	1.42

On valuation, TBO Tek and Arvind Fashions trade at a P/E below the industry P/E, while Trent trades above it, which reflects the growth the market already expects. Readers comparing travel platform, fashion and apparel stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.

Why Do Travel Platform, Fashion and Apparel Stocks Have a Strong Roadmap in India?

Travel platform, fashion and apparel stocks have a strong roadmap in India because growing travel, rising incomes and a shift toward branded fashion keep widening the market for these consumer facing companies.

Travel growth. More trips lift booking volumes.
Store expansion. New outlets add reach and sales.
Brand shift. Shoppers move toward branded clothing.

Why TBO Tek Features Among These Travel Platform, Fashion and Apparel Stocks

Among the travel platform, fashion and apparel stocks on this list, TBO Tek runs a global business-to-business travel platform that connects suppliers such as hotels, airlines and activity providers with travel agents and corporate buyers across more than 100 countries.

Revenue rose from Rs 512 crore in FY22 to Rs 2,729 crore in FY26, a compound annual growth rate of 51.9%. Net profit grew from Rs 33.7 crore in FY22 to Rs 244 crore in FY26, which works out to a compound annual growth rate of 64.1%.

The company has a return on equity of 15.8%, a debt to equity ratio of 0.49 and a market capitalisation of Rs 17,527 crore. The stock trades at a P/E of 66.2, below the industry P/E of 121.2.

Roadmap: The company benefits from the move of travel booking to digital platforms and from rising outbound and inbound travel demand. Its network of suppliers and buyers makes the platform more useful as more partners join.

What to watch: Monitor transaction volumes on the platform and the growth of its hotel and international markets.

Why Trent Features Among These Travel Platform, Fashion and Apparel Stocks

Among the travel and fashion shares on this list, Trent is a Tata Group retailer that runs fashion and lifestyle stores under Westside and Zudio and a food and grocery business under Star.

In the June 2026 quarter, revenue grew 17.5% year on year to Rs 5,785 crore, while net profit rose 22.0% to Rs 518 crore. Revenue rose from Rs 4,673 crore in FY22 to Rs 20,189 crore in FY26, a compound annual growth rate of 44.2%.

Net profit grew from Rs 394 crore in FY23 to Rs 1,721 crore in FY26, which works out to a compound annual growth rate of 63.5%. The company has a return on equity of 24.6%, a debt to equity ratio of 0.37 and a market capitalisation of Rs 153,891 crore. The stock trades at a P/E of 84.8, above the industry P/E of 63.4.

Roadmap: The company keeps adding stores in new cities and towns, and its value fashion format reaches a wide customer base. Own-brand products and a tight supply chain support the growth of each format.

What to watch: Check store additions and sales per square foot across its formats.

Why Arvind Fashions Features Among These Travel Platform, Fashion and Apparel Stocks

Among the three companies on this list, Arvind Fashions is a branded apparel and retail company that sells brands such as U.S. Polo Assn., Arrow, Flying Machine and Tommy Hilfiger through stores, department stores and online channels.

The company has a return on equity of 13.0%, a debt to equity ratio of 1.42 and a market capitalisation of Rs 4,847 crore. The stock trades at a P/E of 26.0, below the industry P/E of 49.5.

Revenue rose from Rs 3,123 crore in FY22 to Rs 5,307 crore in FY26, a compound annual growth rate of 14.2%. Net profit grew from Rs 109 crore in FY23 to Rs 185 crore in FY26, which works out to a compound annual growth rate of 19.2%. In the June 2026 quarter, revenue grew 14.6% year on year to Rs 1,286 crore, while net profit rose 11.1% to Rs 27.6 crore.

Roadmap: The company is expanding its exclusive brand stores and growing its online sales while adding new brands, which supports revenue growth. Strong licensed brands with loyal customers help repeat demand.

What to watch: Follow same-store sales, store additions and online growth.

TBO Tek vs Trent vs Arvind Fashions on Key Financials

The table below sets the three travel platform, fashion and apparel 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
TBO Tek	512	2,729	51.9%	244	9.0%
Trent	4,673	20,189	44.2%	1,721	8.5%
Arvind Fashions	3,123	5,307	14.2%	185	3.5%

Trent posts the highest return on equity in this group at 24.6%. Trent has the largest FY26 revenue at Rs 20,189 crore, and TBO Tek shows the fastest revenue growth with a 51.9% compound annual rate. A useful habit with travel platform, fashion and apparel stocks is to check each new quarterly result against the capacity plans the company described earlier.

Key Risks to Check Before Investing in Travel Platform, Fashion and Apparel Stocks

Every theme carries risks that deserve a check before any decision. For these travel platform, fashion and apparel stocks, the main points are: Long-term travel and fashion 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.
Consumer spending. Sales follow festivals, incomes and consumer mood.
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 travel platform, fashion and apparel stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Travel Platform, Fashion and Apparel Stocks

Travel platform, fashion and apparel stocks work best when investors track growth, valuation and return on equity side by side. TBO Tek, Trent and Arvind Fashions each have a clear plan to grow. Based on the 29 October 2026 close, TBO Tek trades at Rs 1,549.8, Trent at Rs 2,861.7 and Arvind Fashions at Rs 358.9.

Download the Univest iOS App or Univest Android App to track travel platform, fashion and apparel 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 travel platform, fashion and apparel stocks?

Ans. Travel platform, fashion and apparel stocks are listed companies that connect travel agents with airlines and hotels, run fashion and lifestyle stores under popular brands and sell branded clothing through stores and online. Their earnings depend on travel bookings, store sales and consumer mood. This list looks at three of them, TBO Tek, Trent and Arvind Fashions, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.

Which travel platform, fashion and apparel stocks are covered in this list?

Ans. This list covers TBO Tek, Trent and Arvind Fashions. Based on the 29 October 2026 close, TBO Tek traded at Rs 1,549.8, Trent at Rs 2,861.7 and Arvind Fashions at Rs 358.9. Their return on equity ranges from 13.0% to 24.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.2% to 51.9%.

Why do travel platform, fashion and apparel stocks have a strong future roadmap in India?

Ans. Travel platform, fashion and apparel stocks have a strong roadmap in India because growing travel, rising incomes and a shift toward branded fashion keep widening the market for these consumer facing companies. The main drivers are as follows. Travel growth. More trips lift booking volumes. Store expansion. New outlets add reach and sales. Brand shift. Shoppers move toward branded clothing. Together these factors give the companies on this list a visible path for growth over the coming years.

How has TBO Tek performed financially?

Ans. Revenue rose from Rs 512 crore in FY22 to Rs 2,729 crore in FY26, a compound annual growth rate of 51.9%. Net profit grew from Rs 33.7 crore in FY22 to Rs 244 crore in FY26, which works out to a compound annual growth rate of 64.1%. The company has a return on equity of 15.8%, a debt to equity ratio of 0.49 and a market capitalisation of Rs 17,527 crore. The stock trades at a P/E of 66.2, below the industry P/E of 121.2. Looking ahead, the company benefits from the move of travel booking to digital platforms and from rising outbound and inbound travel demand. Its network of suppliers and buyers makes the platform more useful as more partners join.

How has Trent performed financially?

Ans. Revenue rose from Rs 4,673 crore in FY22 to Rs 20,189 crore in FY26, a compound annual growth rate of 44.2%. Net profit grew from Rs 394 crore in FY23 to Rs 1,721 crore in FY26, which works out to a compound annual growth rate of 63.5%. In the June 2026 quarter, revenue grew 17.5% year on year to Rs 5,785 crore, while net profit rose 22.0% to Rs 518 crore. The company has a return on equity of 24.6%, a debt to equity ratio of 0.37 and a market capitalisation of Rs 153,891 crore. The stock trades at a P/E of 84.8, above the industry P/E of 63.4. Looking ahead, the company keeps adding stores in new cities and towns, and its value fashion format reaches a wide customer base. Own-brand products and a tight supply chain support the growth of each format.

How has Arvind Fashions performed financially?

Ans. Revenue rose from Rs 3,123 crore in FY22 to Rs 5,307 crore in FY26, a compound annual growth rate of 14.2%. Net profit grew from Rs 109 crore in FY23 to Rs 185 crore in FY26, which works out to a compound annual growth rate of 19.2%. In the June 2026 quarter, revenue grew 14.6% year on year to Rs 1,286 crore, while net profit rose 11.1% to Rs 27.6 crore. The company has a return on equity of 13.0%, a debt to equity ratio of 1.42 and a market capitalisation of Rs 4,847 crore. The stock trades at a P/E of 26.0, below the industry P/E of 49.5. Looking ahead, the company is expanding its exclusive brand stores and growing its online sales while adding new brands, which supports revenue growth. Strong licensed brands with loyal customers help repeat demand.

What risks should investors check before buying travel platform, fashion and apparel stocks?

Ans. Investors should check a few risks before buying travel platform, fashion and apparel stocks. Travel cycles. Bookings and occupancy follow travel demand. Consumer spending. Sales follow festivals, incomes and consumer mood. 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 travel platform, fashion and apparel 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.