Top 10 Travel Companies in India 2023

Here is the list of Top 10 Travel Companies in India which are listed based on Turnover. The travel and tourism sector in India continued as one of the top 10 contributors to global travel and tourism GDP.

In India, the industry plays a significant role in economic and social aspects, generating US$247.3 bn in 2018 growing by 6.7% and contributed 9.2% to the country’s economy. It has also earned foreign exchange to the tune of US$28.9 bn, accounting for 5.4% of total national exports.

List of Top 10 Travel Companies in India

So here is the list of Top 10 Travel Companies in India which are listed based on total sales.

10. International Travel House Ltd

International Travel House Limited, India’s leading Travel Management Company. International Travel House Limited (ITH) started operations in 1981 as India’s first publicly listed travel company.

• Sales: ₹ 194 Cr.
• Operating profit: ₹ 25.7 Cr.
• Net profit: ₹ 30.3 Cr.
• Sales last year: ₹ 184 Cr.
• EBIDT last year: ₹ 24.2 Cr.
• Sales growth 3Years: -4.17 %
• Total Assets: ₹ 179 Cr.
• Reserves: ₹ 115 Cr.
• Debt: ₹ 0.29 Cr.

With a diverse product portfolio, extensive national footprint, strong reputation for service quality and reliability (ISO 9001:2015 certified), and an enviable customer portfolio, ITH has become one of India’s most admired travel companies.

The Company is 10th in the List of Top 10 Travel Companies in India. International Travel House Limited has a strong network of 39 offices in 19 cities across India. Please select a city and its corresponding office below to view contact information.

9. TravelGuru

Travelguru is India’s leading travel website, offering you the best prices on flights, hotels and holiday packages across India and the world.

Travelguru makes planning and buying a holiday or a business trip easy and convenient. TravelGuru is the 9th Largest Travel Company in India.

Travelguru’s current product offering consists of airline tickets, hotel rooms, vacation packages and cruises. The Company will shortly be expanding services to offer a wide array of travel-related services including car rentals.

8. Expedia

Expedia is one of the fastest growing online travel portals in Asia, offering travellers an extensive selection of hotels, activities and travel services to meet every budget and activities of every kind at competitive rates.

With over hundreds of thousands of hotel partners worldwide and a comprehensive offering of flight inventory made available on the website, travellers can book everything they need for a holiday – rooms to meet every budget, activities of every kind and travel services to complement.

This website is operated by BEX Travel Asia Pte. Ltd., (“BEX Travel”), a Singapore entity (UEN 201113337M), with its registered address at 8 Marina Boulevard #05-02, Marina Bay Financial Centre Tower 1, Singapore 018981.

BEX Travel is part of the Expedia Group of companies. The Company is 8th in the list of Top 10 Travel Companies in India.

7. Goibibo

Goibibo is the largest online hotel booking engine in India and also one of the leading air aggregators. Goibibo is also the number one ranked mobile app under the travel category.

Goibibo’s core value differentiator is delivery of the fastest and the most trusted user experiences, be it in terms of quickest search and booking, fastest payments, settlement and refund processes.

Goibibo has grown its hotel booking volumes by 5x in 2015 over the previous year. 70% of hotel bookings take place on Goibibo’s mobile app. It is 7 in the List of Top Travel Companies in India

Goibibo is part of the ibibo Group that also owns India’s No. 1 online Bus ticketing platform, redBus.in and recently launched carpooling app, “ibibo Ryde”.

6. SOTC Travel Limited

SOTC Travel Limited (Formerly SOTC Travel Pvt. Ltd.) is a step-down subsidiary of Fairfax Financial Holdings Group; held through its Indian listed subsidiary, Thomas Cook (India) Limited (TCIL).

SOTC India is a leading travel and tourism company active across various travel segments including Leisure Travel, Incentive Travel, and Business Travel. SOTC was established in 1949. Since then, it has escorted lakhs of travelers across the globe for more than 70 years to various destinations around the world.

It is one of the leaders in segments, namely Escorted Group Tours, Customised Holidays, Holidays of India and Incentive Travel amongst others. SOTC’s customer focus, innovation, and operational excellence has not only tapped the existing market potential but has also created new markets through innovative packages.

Its vast array of holiday services is taking holidaying to an entirely new level. A new age innovative holiday maker, SOTC strives to make holidays a priority for every Indian. Through investments in technology and with a strong online presence the company serves its customers through an omnichannel play.

5. Yatra Online Pvt Ltd 

Yatra Online Pvt Ltd based in Gurgaon India is one of India’s leading online travel companies and operates the website Yatra.com. The Company is ranked 5th in the list of Top 10 Travel Companies in India.

The company provides information, pricing, availability, and booking facility for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in city activities, inter-city, and point-to-point cabs, homestays and cruises.

As a leading platform of accommodation options, Yatra provides real-time bookings for more than 83,000 hotels in India and over 800,000 hotels around the world. Launched in August 2006, Yatra Online is founded by Mr. Dhruv Shringi and Mr. Manish Amin in the year 2006.

4. MakeMyTrip

MakeMyTrip is a pioneer in India’s online travel industry. Founded in the year 2000 by Deep Kalra, MakeMyTrip came to life to empower the Indian traveler with instant bookings and comprehensive choices.

The company initiated its journey serving the US-India travel market offering a range of best-value products and services powered by technology and round-the-clock customer support. MakeMyTrip has proactively diversified its product offering, adding a variety of online and offline products and services. It is India’s leading online travel company

After consolidating its position in the market as a brand recognized for its reliability and transparency, MakeMyTrip launched its India operations in 2005. With more and more Indians initiating to transact online with IRCTC and new opportunities with the advent of low-cost carriers, MakeMyTrip offered travelers the convenience of booking travel online with a few clicks.

3. Mahindra Holidays & Resorts India Ltd

Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of the Leisure and Hospitality sector of the Mahindra Group, offers quality family holidays primarily through vacation ownership memberships and brings to the industry values such as reliability, trust and customer satisfaction.

• Sales: ₹ 2,526 Cr.
• Operating profit: ₹ 456 Cr.
• Net profit: ₹ 84.9 Cr.
• Sales last year: ₹ 2,517 Cr.
• EBIDT last year: ₹ 589 Cr.
• Sales growth 3Years: 2.00 %
• Total Assets: ₹ 9,098 Cr.
• Reserves: ₹ 189 Cr.
• Debt: ₹ 2,623 Cr.

Mahindra Holidays & Resorts India Limited is part of the USD 20.7 billion multinational Mahindra Group. Started in 1996, the company’s flagship brand ‘Club Mahindra Holidays’, today has a fast-growing customer base of over 220,000 members and 61+ resorts at some of the most exotic locations in India and abroad.

• ROE 5Yr: 7.34 %
• ROCE: 10.2 %
• ROCE 3Yr: 7.28 %
• Return on equity: 35.9 %

2. Cox & Kings Ltd

Cox & Kings is the longest established travel company in the world. Its India operations are headquartered in Mumbai and have the status of a limited company. It has over 12 fully owned offices in India across key cities such as New Delhi, Chennai, Bangalore, Kolkata, Ahmedabad, Kochi, Hyderabad, Pune, Goa, Nagpur, and Jaipur.

The worldwide offices are located in UK, USA, Japan, Russia, Singapore, and Dubai. It has associate offices in Germany, Italy, Spain, South Africa, Sweden, and Australia. Cox is Best Travel Agency in India.

By 1878, C&K were agents for most British regiments posted overseas, including the Royal Cavalry, Artillery, and Infantry, as well as the Royal Wagon Train and the Household Brigade. The Royal Navy was next and in 1912, The Royal Air Force came under its wings.

Between the 1750s and 1950s, Cox & Kings was witness to an exciting era in Indian history, and, in its own way, helped to shape it. In 1947, the British administration departed, but bound by strong ties to India, Cox & Kings stayed on and flourished. Today, Cox & Kings is a premium brand in all travel-related services in the Indian subcontinent, employing over 5000 trained professionals.

1. Thomas Cook (India) Ltd

Thomas Cook (India) Limited is a leading integrated travel and travel‑related services company with operations in 29 countries, across five continents through its Indian and global subsidiaries and key investments. Headquartered in India, travel and travel-related financial services companies in the Asia Pacific region.

• Sales: ₹ 5,970 Cr.
• Operating profit: ₹ 266 Cr.
• Net profit: ₹ 87.4 Cr.
• Sales last year: ₹ 5,048 Cr.
• EBIDT last year: ₹ 241 Cr.
• Sales growth 3Years: -9.60 %
• Total Assets: ₹ 5,657 Cr.
• Reserves: ₹ 1,666 Cr.
• Debt: ₹ 539 Cr.

Having established its presence in India as early as 1881, Thomas Cook (India) Limited (TCIL) was incorporated in 1978 and listed in 1983. The Company have three major business segments, namely. It is the largest Travel Companies in India Based on Turnover.

• Travel and Related Services,
• Financial Services and
• Strategic and Portfolio Investments.

Promoted by Fairfax Financial Holdings Limited, through its wholly-owned subsidiary, Fairbridge Capital (Mauritius) Limited holding 66.94%. Thomas Cook (India) Ltd is the largest Travel Company in India based on Turnover. It is one of the Best Travel Agency in India.

• ROE 5Yr: -1.99 %
• ROCE: 5.23 %
• ROCE 3Yr: -6.54 %
• Return on equity: 0.39 %