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EASEMYTRIP

EASEMYTRIP - Easy Trip Planners Limited Share Price

Leisure Services

9.11-0.12(-1.30%)
Market Closed as of Aug 8, 2025, 15:30 IST

Valuation

Market Cap3.34 kCr
Price/Earnings (Trailing)30.33
Price/Sales (Trailing)5.54
EV/EBITDA20.09
Price/Free Cashflow73.29
MarketCap/EBT23.36
Enterprise Value3.24 kCr

Fundamentals

Revenue (TTM)603.25 Cr
Rev. Growth (Yr)-17%
Earnings (TTM)108.65 Cr
Earnings Growth (Yr)192.2%

Profitability

Operating Margin24%
EBT Margin24%
Return on Equity14.64%
Return on Assets9.42%
Free Cashflow Yield1.36%

Price to Sales Ratio

Latest reported: 6

Revenue (Last 12 mths)

Latest reported: 603 Cr

Net Income (Last 12 mths)

Latest reported: 109 Cr

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 & Equivalents136.15 Cr
Free Cash Flow (TTM)45.56 Cr
Free Cash Flow/Share (TTM)0.12

Balance Sheet

Total Assets1.15 kCr
Total Liabilities411.88 Cr
Shareholder Equity742.05 Cr
Current Assets773.62 Cr
Current Liabilities288.31 Cr
Net PPE49.35 Cr
Inventory2.07 Cr
Goodwill49.7 Cr

Capital Structure & Leverage

Debt Ratio0.03
Debt/Equity0.05
Interest Coverage23.8
Interest/Cashflow Ops20.39

Dividend & Shareholder Returns

Dividend Yield0.47%
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%
Pros

Profitability: Very strong Profitability. One year profit margin are 18%.

Balance Sheet: Strong Balance Sheet.

Technicals: Bullish SharesGuru indicator.

Cons

Smart Money: Smart money is losing interest in the stock.

Dilution: Company has a tendency to dilute it's stock investors.

Past Returns: Underperforming stock! In past three years, the stock has provided -29.4% return compared to 11.6% by NIFTY 50.

Momentum: Stock is suffering a negative price momentum. Stock is down -12.4% in last 30 days.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.47%
Shares Dilution (1Y)3.5%
Earnings/Share (TTM)0.3

Financial Health

Current Ratio2.68
Debt/Equity0.05

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:

  1. 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.
  2. 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).
  3. 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.
  4. Competition & Profitability:

    • Reduced discounts (3% vs. 3.8% earlier) to prioritize margins amid competition; emphasizes sustainable growth over aggressive discounting.
  5. Promoter Updates:

    • No further promoter stake sales in FY2025; clarified GoAir revival is a personal initiative, unrelated to EaseMyTrip.
  6. 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

DescriptionShareValue
(a) Air passage67.3%93.9 Cr
(b) Hotel packages16.7%23.3 Cr
(c) Other services16.0%22.3 Cr
Total139.5 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 NameHolding %
RIKANT PITTIE25.22%
NISHANT PITTI12.48%
PRASHANT PITTI10.03%
JEEWANI HOSPITALITY PRIVATE LIMITED1.51%

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
INDIGOInterGlobe Aviation2.23 LCr85.39 kCr-1.30%+35.60%33.282.61--
IRCTCIndian Railway Catering & Tourism Corp57.42 kCr4.91 kCr-8.70%-22.50%43.6611.7--
THOMASCOOKThomas Cook (India)7.18 kCr8.61 kCr-8.20%-26.30%28.330.83--
MHRILMahindra Holidays & Resorts India7.07 kCr2.96 kCr+0.40%-16.60%54.442.39--
YATRAYATRA ONLINE1.49 kCr929.58 Cr+12.20%-27.30%30.711.6--

Sector Comparison: EASEMYTRIP vs Leisure Services

Comprehensive comparison against sector averages

Comparative Metrics

EASEMYTRIP metrics compared to Leisure

CategoryEASEMYTRIPLeisure
PE30.3354.65
PS5.545.15
Growth-1 %17.9 %
33% metrics above sector average

Performance Comparison

EASEMYTRIP vs Leisure (2022 - 2025)

EASEMYTRIP is underperforming relative to the broader Leisure sector and has declined by 31.7% compared to the previous year.

Key Insights
  • 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

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Balance Sheet for Easy Trip Planners

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Cash Flow for Easy Trip Planners

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

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.

Industry Group:Leisure Services
Employees:753
Website:www.easemytrip.com