
Leisure Services
Valuation | |
|---|---|
| Market Cap | 2.42 kCr |
| Price/Earnings (Trailing) | 15.11 |
| Price/Sales (Trailing) | 4.45 |
| EV/EBITDA | 65.27 |
| Price/Free Cashflow | 64.41 |
| MarketCap/EBT | 153.52 |
| Enterprise Value | 2.37 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 5.4% |
| Price Change 1M | -8.6% |
| Price Change 6M | -27% |
| Price Change 1Y | -48.5% |
| 3Y Cumulative Return | -36% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -92.28 Cr |
| Cash Flow from Operations (TTM) |
| Revenue (TTM) |
| 543.24 Cr |
| Rev. Growth (Yr) | -15.7% |
| Earnings (TTM) | 12.33 Cr |
| Earnings Growth (Yr) | -234.5% |
Profitability | |
|---|---|
| Operating Margin | 12% |
| EBT Margin | 3% |
| Return on Equity | 1.4% |
| Return on Assets | 0.96% |
| Free Cashflow Yield | 1.55% |
| 111.82 Cr |
| Cash Flow from Financing (TTM) | 15.78 Cr |
| Cash & Equivalents | 81 Cr |
| Free Cash Flow (TTM) | 45.56 Cr |
| Free Cash Flow/Share (TTM) | 0.13 |
Balance Sheet | |
|---|---|
| Total Assets | 1.29 kCr |
| Total Liabilities | 403.6 Cr |
| Shareholder Equity | 882.71 Cr |
| Current Assets | 604.65 Cr |
| Current Liabilities | 280.34 Cr |
| Net PPE | 78.49 Cr |
| Inventory | 2.87 Cr |
| Goodwill | 49.7 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.03 |
| Debt/Equity | 0.04 |
| Interest Coverage | 1.71 |
| Interest/Cashflow Ops | 19.86 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend Yield | 0.47% |
| Shares Dilution (1Y) | 2.6% |
| Shares Dilution (3Y) | 109.2% |
Balance Sheet: Strong Balance Sheet.
Technicals: Bullish SharesGuru indicator.
Dilution: Company has a tendency to dilute it's stock investors.
Past Returns: Underperforming stock! In past three years, the stock has provided -36% return compared to 13.2% by NIFTY 50.
Balance Sheet: Strong Balance Sheet.
Technicals: Bullish SharesGuru indicator.
Dilution: Company has a tendency to dilute it's stock investors.
Past Returns: Underperforming stock! In past three years, the stock has provided -36% return compared to 13.2% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.47% |
| Shares Dilution (1Y) | 2.6% |
| Earnings/Share (TTM) | 0.44 |
Financial Health | |
|---|---|
| Current Ratio | 2.16 |
| Debt/Equity | 0.04 |
Technical Indicators | |
|---|---|
| RSI (14d) | 40.63 |
| RSI (5d) | 78.33 |
| RSI (21d) | 35.75 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
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.
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:
Segment Growth:
Strategic Initiatives:
Competition & Profitability:
Promoter Updates:
Future Goals:
Understand Easy Trip Planners ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| RIKANT PITTIE | 25.22% |
| NISHANT PITTI | 12.48% |
| PRASHANT PITTI | 10.03% |
| JEEWANI HOSPITALITY PRIVATE LIMITED | 1.51% |
Distribution across major stakeholders
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 | 1.9 LCr | 88.78 kCr | -0.80% | +11.70% | 59.06 | 2.14 | - | - |
| IRCTC | Indian Railway Catering & Tourism Corp | 49.6 kCr | 5.04 kCr |
Comprehensive comparison against sector averages
EASEMYTRIP metrics compared to Leisure
| Category | EASEMYTRIP | Leisure |
|---|---|---|
| PE | 15.11 | 50.34 |
| PS | 4.45 | 4.37 |
| Growth | -15.7 % | 13.6 % |
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.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
EASEMYTRIP vs Leisure (2022 - 2026)
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.
Distribution across major institutional holders
| -7.80% |
| -20.90% |
| 36.15 |
| 9.84 |
| - |
| - |
| MHRIL | Mahindra Holidays & Resorts India | 5.93 kCr | 3.08 kCr | -3.40% | -17.00% | 58.51 | 1.93 | - | - |
| THOMASCOOK | Thomas Cook (India) | 5.19 kCr | 8.77 kCr | -22.20% | -23.50% | 20.99 | 0.59 | - | - |
| YATRA | YATRA ONLINE | 2.31 kCr | 1.04 kCr | -14.60% | +57.40% | 41.63 | 2.22 | - | - |
| -90.6% |
| 2.03 |
| 12 |
| 46 |
| 37 |
| 47 |
| 55 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | -72.43 |
| Total profit before tax | -90.6% | 2.03 | 12 | 46 | 37 | 47 | -17.36 |
| Current tax | -52.5% | 1.58 | 2.22 | 12 | 11 | 13 | -1.16 |
| Deferred tax | 66% | -0.63 | -3.79 | 0.66 | -0.95 | -0.18 | -1.12 |
| Total tax | 98.1% | 0.95 | -1.57 | 12 | 10 | 13 | -2.28 |
| Total profit (loss) for period | -104.3% | 0.44 | 14 | 34 | 27 | 34 | -15.08 |
| Other comp. income net of taxes | -163.6% | -1.31 | 4.63 | 1.17 | 2.54 | 0.1 | 0.39 |
| Total Comprehensive Income | -110.4% | -0.87 | 19 | 35 | 29 | 34 | -14.68 |
| Earnings Per Share, Basic | -4.2% | 0 | 0.04 | 0.09 | 0.075 | 0.095 | -0.045 |
| Earnings Per Share, Diluted | -4.2% | 0 | 0.04 | 0.09 | 0.075 | 0.095 | -0.045 |
| Other expenses | 6.4% | 217 | 204 | 204 | 77 | 41 |
| Total Expenses | 7.1% | 286 | 267 | 249 | 102 | 66 |
| Profit Before exceptional items and Tax | -40.9% | 138 | 233 | 197 | 145 | 85 |
| Exceptional items before tax | 98.6% | 0 | -72.43 | 0 | 0 | 0 |
| Total profit before tax | -13.8% | 138 | 160 | 197 | 145 | 85 |
| Current tax | -18.6% | 36 | 44 | 51 | 39 | 23 |
| Deferred tax | 73.2% | -0.11 | -3.14 | -0.29 | -0.74 | -0.35 |
| Total tax | -12.5% | 36 | 41 | 50 | 38 | 22 |
| Total profit (loss) for period | -14.4% | 102 | 119 | 147 | 107 | 62 |
| Other comp. income net of taxes | 1145.9% | 9.89 | 0.15 | 0.24 | -0.22 | 0.37 |
| Total Comprehensive Income | -5.9% | 112 | 119 | 147 | 107 | 63 |
| Earnings Per Share, Basic | -7.6% | 0.29 | 0.34 | 0.4225 | 0.61625 | 0.1790625 |
| Earnings Per Share, Diluted | -7.6% | 0.29 | 0.34 | 0.4225 | 0.61625 | 0.1790625 |
| Debt equity ratio | - | - | - | 017 | - | - |
| Debt service coverage ratio | - | - | - | 0.0305 | - | - |
| Interest service coverage ratio | - | - | - | 0.0305 | - | - |
| 2.28 |
| 2.28 |
| 2.29 |
| 2.29 |
| 2.29 |
| 2.3 |
| Non-current investments | 124.8% | 318 | 142 | 134 | 128 | 0 | 25 |
| Loans, non-current | 3.2% | 97 | 94 | 50 | 23 | 0 | 0 |
| Total non-current financial assets | 86% | 505 | 272 | 249 | 222 | 119 | 30 |
| Total non-current assets | 56.2% | 576 | 369 | 336 | 313 | 136 | 47 |
| Total assets | 11.3% | 1,137 | 1,022 | 984 | 825 | 967 | 674 |
| Total non-current financial liabilities | - | 87 | 0 | 0.02 | 0.08 | 0.14 | 0.2 |
| Provisions, non-current | 23.6% | 7.86 | 6.55 | 5.49 | 5.03 | 4.19 | 3.55 |
| Total non-current liabilities | 9.3% | 95 | 87 | 86 | 5.11 | 4.33 | 3.74 |
| Borrowings, current | - | 0 | 0 | 0 | 0.06 | 116 | 65 |
| Total current financial liabilities | -10.8% | 92 | 103 | 95 | 86 | 265 | 192 |
| Provisions, current | -2% | 4.51 | 4.58 | 4.57 | 3.91 | 3.05 | 2.48 |
| Current tax liabilities | - | 0 | 0 | 0 | 0 | 7.71 | 0.33 |
| Total current liabilities | -17.3% | 154 | 186 | 194 | 182 | 349 | 283 |
| Total liabilities | -8.1% | 250 | 272 | 280 | 187 | 353 | 287 |
| Equity share capital | 2.8% | 364 | 354 | 177 | 177 | 177 | 174 |
| Total equity | 18.3% | 887 | 750 | 704 | 638 | 614 | 387 |
| Total equity and liabilities | 11.3% | 1,137 | 1,022 | 984 | 825 | 967 | 674 |
| - |
| Cashflows used in obtaining control of subsidiaries | -102.6% | 0 | 39 | 3.84 | 18 | - |
| Purchase of property, plant and equipment | 2820% | 5.08 | 0.85 | 2.3 | 0 | - |
| Proceeds from sales of investment property | - | 0 | 0 | 77 | 0 | - |
| Purchase of intangible assets | - | 0 | 0 | 0 | 1.73 | - |
| Purchase of other long-term assets | - | 2.96 | 0 | 0 | 47 | - |
| Cash receipts from repayment of advances and loans made to other parties | -123.5% | 0 | 5.26 | 0 | 0 | - |
| Dividends received | - | 0 | 0 | 0.04 | 0.03 | - |
| Interest received | 81.8% | 16 | 9.25 | 9.7 | 11 | - |
| Other inflows (outflows) of cash | 4.5% | -9.5 | -9.99 | 0 | 0 | - |
| Net Cashflows From Investing Activities | -29.6% | -73.14 | -56.19 | 61 | -56.28 | - |
| Proceeds from issuing shares | -101.2% | 0 | 85 | 0 | 0 | - |
| Proceeds from borrowings | -102.6% | 0 | 40 | 0 | 35 | - |
| Repayments of borrowings | -102.6% | 0 | 40 | 0 | 0 | - |
| Dividends paid | -105.9% | 0 | 18 | 0 | 33 | - |
| Interest paid | -96.9% | 1.07 | 3.27 | 1.81 | 1.41 | - |
| Net Cashflows from Financing Activities | -103.3% | -1.07 | 64 | -1.81 | 0.92 | - |
| Net change in cash and cash eq. | -81.7% | 23 | 121 | -34.57 | -46.72 | - |
Analysis of Easy Trip Planners's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| (a) Air passage | 55.6% | 129 Cr |
| (b) Hotel packages | 27.7% | 64.4 Cr |
| (c) Other services | 16.7% | 38.8 Cr |
| Total | 232.1 Cr |