
EASEMYTRIP - Easy Trip Planners Limited Share Price
Leisure Services
Valuation | |
---|---|
Market Cap | 3.34 kCr |
Price/Earnings (Trailing) | 30.33 |
Price/Sales (Trailing) | 5.54 |
EV/EBITDA | 20.09 |
Price/Free Cashflow | 73.29 |
MarketCap/EBT | 23.36 |
Enterprise Value | 3.24 kCr |
Fundamentals | |
---|---|
Revenue (TTM) | 603.25 Cr |
Rev. Growth (Yr) | -17% |
Earnings (TTM) | 108.65 Cr |
Earnings Growth (Yr) | 192.2% |
Profitability | |
---|---|
Operating Margin | 24% |
EBT Margin | 24% |
Return on Equity | 14.64% |
Return on Assets | 9.42% |
Free Cashflow Yield | 1.36% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
---|---|
Price Change 1W | -7.3% |
Price Change 1M | -12.4% |
Price Change 6M | -29.1% |
Price Change 1Y | -53.7% |
3Y Cumulative Return | -29.4% |
Cash Flow & Liquidity | |
---|---|
Cash Flow from Investing (TTM) | -92.28 Cr |
Cash Flow from Operations (TTM) | 111.82 Cr |
Cash Flow from Financing (TTM) | 15.78 Cr |
Cash & Equivalents | 136.15 Cr |
Free Cash Flow (TTM) | 45.56 Cr |
Free Cash Flow/Share (TTM) | 0.12 |
Balance Sheet | |
---|---|
Total Assets | 1.15 kCr |
Total Liabilities | 411.88 Cr |
Shareholder Equity | 742.05 Cr |
Current Assets | 773.62 Cr |
Current Liabilities | 288.31 Cr |
Net PPE | 49.35 Cr |
Inventory | 2.07 Cr |
Goodwill | 49.7 Cr |
Capital Structure & Leverage | |
---|---|
Debt Ratio | 0.03 |
Debt/Equity | 0.05 |
Interest Coverage | 23.8 |
Interest/Cashflow Ops | 20.39 |
Dividend & Shareholder Returns | |
---|---|
Dividend Yield | 0.47% |
Shares Dilution (1Y) | 3.5% |
Shares Dilution (3Y) | 111.1% |
Risk & Volatility | |
---|---|
Max Drawdown | -93.1% |
Drawdown Prob. (30d, 5Y) | 35.11% |
Risk Level (5Y) | 53.6% |
Summary of Latest Earnings Report from Easy Trip Planners
Summary of Easy Trip Planners's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
Management Outlook:
Management remains optimistic, focusing on scaling business profitability, expanding non-air verticals (hotels, buses, trains), and strengthening international operations (notably Dubai, which grew 227% YoY). Priorities include strategic partnerships, customer-centric innovations, digital transformation, and sustainability initiatives. They aim to increase non-air contributions to 25% of GBR by FY2026 and sustain growth in Dubai/Middle East markets.
Major Points:
Financial Performance:
- Q3 FY2025: Gross Booking Revenue (GBR) at Rs.2,149 Cr; EBITDA margin 33.2% (Rs.51 Cr); PAT up 30% QoQ (Rs.34 Cr).
- 9M FY2025: GBR Rs.6,499 Cr; EBITDA margin 31.3% (Rs.144 Cr); PAT Rs.92 Cr.
Segment Growth:
- Non-Air: Hotels (2.5 lakh nights booked, +172% YoY), trains/buses (+31.9% YoY).
- Dubai Operations: GBR Rs.170 Cr in Q3 (+227% YoY).
Strategic Initiatives:
- Sponsorships (Big Cricket League, Kho Kho World Cup), partnerships (OLX, CARS24), sustainability efforts (carbon tracking with BNZ Green).
- Offline expansion (new franchise stores), corporate travel focus, and entry into study tourism via Planet Education Australia.
Competition & Profitability:
- Reduced discounts (3% vs. 3.8% earlier) to prioritize margins amid competition; emphasizes sustainable growth over aggressive discounting.
Promoter Updates:
- No further promoter stake sales in FY2025; clarified GoAir revival is a personal initiative, unrelated to EaseMyTrip.
Future Goals:
- Drive hotel/rail expansion, leverage digital integrations (OLX), and enhance international reach. Maintain EBITDA margins while balancing growth and profitability.
Last updated:
Question 1:
"The question that I had was to simply get a sense of the competitive intensity in the space... It appears we may have grown slower compared to competition... It would be great to get your inputs as to why is that happening... And the second question was with regards to... promoter/company interest in... GoAir."
Answer Summary:
Growth was slower due to deliberate reduction in discounts (3.8% to 3%) to prioritize profitability, even as competitors invested heavily in discounts. Non-air segments like hotels and Dubai operations are key growth drivers. Regarding GoAir, Nishant Pitti's involvement is personal, unrelated to EaseMyTrip, and no company equity will fund it. Promoters clarified no further equity sales in FY2025.
Question 2:
"From the results... GBR is not growing... How do we see the future... FY2025 and FY2026?... What is the reason behind equity dilution via bonus issues?"
Answer Summary:
Growth is muted in India's air segment due to discount-driven competition, but non-air segments (hotels, Dubai) and partnerships are prioritized. FY2026 targets 25% revenue from non-air segments. Bonus issuance was a Board decision for liquidity, with feedback noted. Promoters retain over 50% stake, aligning interests with shareholders.
Question 3:
"The Dubai office has shown a remarkable increase in GBR... How sustainable is it?... How are partnerships with OLX and CARS24 contributing?"
Answer Summary:
Dubai's 227% YoY growth stems from untapped market opportunities and cyclical efficiency improvements. Growth is sustainable with strategic expansions. Partnerships with OLX (35M monthly users) and CARS24 (travel vouchers/car giveaways) aim to boost user engagement and revenue through cross-platform integration.
Question 4:
"How are you filling the management gap created by the elimination of Nishant?... [He] resigned from his position... How do you square that?"
Answer Summary:
Nishant remains active as Chairman, focusing on international expansion, while Rikant Pitti leads as CEO. Management emphasized continuity with professional CXOs handling operations. Promoter stakes (50%+) ensure alignment with shareholder interests.
Question 5:
"My question is related to the buses... manufacturing of buses... when will that be implemented?"
Answer Summary:
EV bus manufacturing is delayed and will require "a few more quarters" to operationalize, with no specific timeline provided. The initiative remains part of long-term diversification efforts.
Revenue Breakdown
Analysis of Easy Trip Planners's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2025
Description | Share | Value |
---|---|---|
(a) Air passage | 67.3% | 93.9 Cr |
(b) Hotel packages | 16.7% | 23.3 Cr |
(c) Other services | 16.0% | 22.3 Cr |
Total | 139.5 Cr |
Share Holdings
Understand Easy Trip Planners ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
Shareholder Name | Holding % |
---|---|
RIKANT PITTIE | 25.22% |
NISHANT PITTI | 12.48% |
PRASHANT PITTI | 10.03% |
JEEWANI HOSPITALITY PRIVATE LIMITED | 1.51% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is Easy Trip Planners Better than it's peers?
Detailed comparison of Easy Trip Planners against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
INDIGO | InterGlobe Aviation | 2.23 LCr | 85.39 kCr | -1.30% | +35.60% | 33.28 | 2.61 | - | - |
IRCTC | Indian Railway Catering & Tourism Corp | 57.42 kCr | 4.91 kCr | -8.70% | -22.50% | 43.66 | 11.7 | - | - |
THOMASCOOK | Thomas Cook (India) | 7.18 kCr | 8.61 kCr | -8.20% | -26.30% | 28.33 | 0.83 | - | - |
MHRIL | Mahindra Holidays & Resorts India | 7.07 kCr | 2.96 kCr | +0.40% | -16.60% | 54.44 | 2.39 | - | - |
YATRA | YATRA ONLINE | 1.49 kCr | 929.58 Cr | +12.20% | -27.30% | 30.71 | 1.6 | - | - |
Sector Comparison: EASEMYTRIP vs Leisure Services
Comprehensive comparison against sector averages
Comparative Metrics
EASEMYTRIP metrics compared to Leisure
Category | EASEMYTRIP | Leisure |
---|---|---|
PE | 30.33 | 54.65 |
PS | 5.54 | 5.15 |
Growth | -1 % | 17.9 % |
Performance Comparison
EASEMYTRIP vs Leisure (2022 - 2025)
- 1. EASEMYTRIP is NOT among the Top 10 largest companies in Leisure Services.
- 2. The company holds a market share of 0.8% in Leisure Services.
- 3. In last one year, the company has had a below average growth that other Leisure Services companies.
Income Statement for Easy Trip Planners
Balance Sheet for Easy Trip Planners
Cash Flow for Easy Trip Planners
What does Easy Trip Planners Limited do?
Easy Trip Planners Limited, together with its subsidiaries, operates as an online travel agency in India, the Philippines, Singapore, Thailand, the United Arab Emirates, the United Kingdom, New Zealand, and the United States. The company provides reservation and booking services related to travel and tourism through ease-my-trip portal and app or in-house call centre, which includes a range of travel-related products and services, such as airline tickets, hotels, and holiday and travel packages; and train tickets, bus tickets, air charter services, and cab bookings. It also offers travel guides and updates, and other reservation activities. The company was incorporated in 2008 and is based in New Delhi, India.