EASEMYTRIP - Easy Trip Planners Limited Share Price

Leisure Services

₹11.790.00(0.00%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Easy Trip Planners Limited do?

Tour, Travel Related Services•Consumer Services•Small Cap

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

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.

Earnings Outlook

Last updated: Feb 25

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.

Q&A Session

Last updated: Feb 25

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.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Description	Share	Value
(a) Air passage	64.9%	97.7 Cr
(b) Hotel packages	21.8%	32.8 Cr
(c) Other services	13.4%	20.1 Cr
Total		150.6 Cr

Investor Care
Dividend Yield	0.33%
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	0.21

Financial Health
Current Ratio	2.67
Debt/Equity	0.04

Shareholder Name	Holding %
RIKANT PITTIE	25.88%
NISHANT PITTI	12.8%
PRASHANT PITTI	10.29%

Valuation
Market Cap	4.18 kCr
Price/Earnings (Trailing)	52.44
Price/Sales (Trailing)	6.61
EV/EBITDA	32.35
Price/Free Cashflow	47.25
MarketCap/EBT	36.88

Fundamentals
Revenue (TTM)	632.54 Cr
Rev. Growth (Yr)	-6.95%
Rev. Growth (Qtr)	2.58%
Earnings (TTM)	79.67 Cr
Earnings Growth (Yr)	-25.52%
Earnings Growth (Qtr)	26.98%

Profitability
Operating Margin	29.36%
EBT Margin	17.91%
Return on Equity	11.58%
Return on Assets	7.35%
Free Cashflow Yield	2.12%

Income Statement for Easy Trip Planners

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

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Revenue From Operations	12.1%	482	430	233	107
Other Income	13.3%	18	16	15	44
Total Income	12.1%	500	446	248	151
Employee Expense	40%	57	41	23	21
Finance costs	99.3%	3.75	2.38	1.53	3.17
Depreciation and Amortization	240%	1.51	1.15	0.88	0.66
Other expenses	0%	204	204	77	41
Total Expenses	7.3%	267	249	102	66
Profit Before exceptional items and Tax	18.4%	233	197	145	85
Exceptional items before tax	-	-72.43	0	0	0
Total profit before tax	-18.9%	160	197	145	85
Current tax	-14%	44	51	39	23
Deferred tax	-220.9%	-3.14	-0.29	-0.74	-0.35
Total tax	-18.4%	41	50	38	22
Total profit (loss) for period	-19.2%	119	147	107	62
Other comp. income net of taxes	-11.8%	0.15	0.24	-0.22	0.37
Total Comprehensive Income	-19.2%	119	147	107	63
Earnings Per Share, Basic	-14.3%	0.34	0.4225	0.61625	0.1790625
Earnings Per Share, Diluted	-14.3%	0.34	0.4225	0.61625	0.1790625
Debt equity ratio	-	-	017	-	-
Debt service coverage ratio	-	-	0.0305	-	-
Interest service coverage ratio	-	-	0.0305	-	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	2.9%	106	103	106	130	129	120
Other Income	-25.2%	4.65	5.88	3.74	7.29	4.3	3.28
Total Income	1.9%	111	109	110	137	133	123
Employee Expense	6.7%	17	16	15	16	14	14
Finance costs	-26.7%	0.43	0.55	0.39	0.5	0.81	1.32
Depreciation and Amortization	4.8%	0.41	0.38	0.34	0.39	0.38	0.38
Other expenses	-11.3%	48	54	47	61	50	39
Total Expenses	-7.1%	66	71	64	77	65	54
Profit Before exceptional items and Tax	18.9%	45	38	46	60	68	69
Exceptional items before tax	-	0	0	0	-72.43	0	0
Total profit before tax	18.9%	45	38	46	-12.53	68	69
Current tax	11.1%	11	10	12	-2.69	19	19
Deferred tax	26.9%	0.13	-0.19	-0.13	-0.26	-1.78	-1
Total tax	11.5%	11	9.97	12	-2.95	17	18
Total profit (loss) for period	22.2%	34	28	34	-9.58	51	51
Other comp. income net of taxes	-127.6%	0.26	3.68	0.17	0.02	0.08	0.16
Total Comprehensive Income	10%	34	31	34	-9.56	51	52
Earnings Per Share, Basic	1.1%	0.1	0.09	0.095	-0.025	0.145	0.15
Earnings Per Share, Diluted	1.1%	0.1	0.09	0.095	-0.025	0.145	0.15
Debt equity ratio	-	-	-	-	-	-	-
Debt service coverage ratio	-	-	-	-	-	-	-
Interest service coverage ratio	-	-	-	-	-	-	-

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

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Revenue From Operations	31.7%	591	449	235	107
Other Income	21.4%	18	15	14	44
Total Income	31.3%	609	464	250	151
Cost of Materials	134%	2.24	1.53	0.14	0
Employee Expense	58.8%	82	52	26	21
Finance costs	106.2%	5.97	3.41	1.95	3.53
Depreciation and Amortization	224.2%	7.16	2.9	1.34	0.66
Other expenses	35.8%	297	219	77	42
Total Expenses	41.4%	394	279	106	67
Profit Before exceptional items and Tax	16.3%	215	185	144	83
Exceptional items before tax	-	-72.43	0	0	0
Total profit before tax	-22.8%	143	185	144	83
Current tax	-10%	46	51	39	23
Deferred tax	-546.7%	-6.76	-0.2	-0.86	-0.35
Total tax	-24%	39	51	38	22
Total profit (loss) for period	-23.3%	103	134	106	61
Other comp. income net of taxes	-21.5%	-0.3	-0.07	-0.19	0.4
Total Comprehensive Income	-23.3%	103	134	106	61
Earnings Per Share, Basic	-15.4%	0.29	0.385	0.60875	0.175625
Earnings Per Share, Diluted	-15.4%	0.29	0.385	0.60875	0.175625
Debt equity ratio	-	-	-	-	0.0144
Debt service coverage ratio	-	-	-	-	0.0498

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	4.2%	151	145	153	164	161	142
Other Income	-47.3%	3.25	5.27	3.62	8.52	4.52	2.87
Total Income	2.7%	154	150	156	173	165	145
Cost of Materials	-100.6%	0.92	15	0.56	0.77	0.63	0.43
Employee Expense	4.2%	26	25	24	24	22	19
Finance costs	50%	1.66	1.44	1.15	1.13	1.39	2
Depreciation and Amortization	-17.6%	3.15	3.61	2.26	1.47	3.73	1
Other expenses	10.4%	75	68	81	90	77	58
Total Expenses	-4.5%	108	113	109	117	105	80
Profit Before exceptional items and Tax	25%	46	37	47	55	60	65
Exceptional items before tax	-	0	0	0	-72.43	0	0
Total profit before tax	25%	46	37	47	-17.36	60	65
Current tax	10%	12	11	13	-1.16	19	19
Deferred tax	82.6%	0.66	-0.95	-0.18	-1.12	-4.53	-1
Total tax	22.2%	12	10	13	-2.28	15	18
Total profit (loss) for period	26.9%	34	27	34	-15.08	46	47
Other comp. income net of taxes	-89%	1.17	2.54	0.1	0.39	-0.54	0.44
Total Comprehensive Income	21.4%	35	29	34	-14.68	45	47
Earnings Per Share, Basic	1.6%	0.09	0.075	0.095	-0.045	0.13	0.135
Earnings Per Share, Diluted	1.6%	0.09	0.075	0.095	-0.045	0.13	0.135

Cash Flow for Easy Trip Planners

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

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	180.2%	3.27	1.81	1.41
Depreciation	240%	1.51	1.15	0.88
Unrealised forex losses/gains	-	0.79	0	0
Dividend income	-4.2%	0	0.04	0.03
Adjustments for interest income	51.3%	13	8.93	12
Net Cashflows from Operations	573.4%	165	-33.64	50
Income taxes paid (refund)	-15.3%	51	60	42
Net Cashflows From Operating Activities	219.6%	114	-93.47	8.63
Cashflows used in obtaining control of subsidiaries	1238%	39	3.84	18
Purchase of property, plant and equipment	-111.5%	0.85	2.3	0
Proceeds from sales of investment property	-101.3%	0	77	0
Purchase of intangible assets	-	0	0	1.73
Purchase of other long-term assets	-	0	0	47
Cash receipts from repayment of advances and loans made to other parties	-	5.26	0	0
Dividends received	-4.2%	0	0.04	0.03
Interest received	-5.2%	9.25	9.7	11
Other inflows (outflows) of cash	-	-9.99	0	0
Net Cashflows From Investing Activities	-195.3%	-56.19	61	-56.28
Proceeds from issuing shares	-	85	0	0
Proceeds from borrowings	-	40	0	35
Repayments of borrowings	-	40	0	0
Dividends paid	-	18	0	33
Interest paid	180.2%	3.27	1.81	1.41
Net Cashflows from Financing Activities	2342%	64	-1.81	0.92
Net change in cash and cash eq.	437.4%	121	-34.57	-46.72

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

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	156.9%	5.11	2.6	1.94
Change in inventories	15.7%	-0.18	-0.4	-0.26
Depreciation	224.2%	7.16	2.9	1.34
Impairment loss / reversal	18900%	6.64	0.97	0
Unrealised forex losses/gains	-	1.02	0	0
Dividend income	-4.2%	0	0.04	0.03
Adjustments for interest income	37.4%	11	8.28	12
Net Cashflows from Operations	443.2%	177	-50.28	62
Income taxes paid (refund)	-11.9%	53	60	42
Net Cashflows From Operating Activities	210.4%	124	-110.42	20
Proceeds from sales of PPE	-	0.56	0	0
Purchase of property, plant and equipment	-15.4%	12	14	0
Proceeds from sales of investment property	-101.3%	0	78	0
Purchase of intangible assets	-	0	0	20
Purchase of other long-term assets	-	0	0	47
Cash receipts from repayment of advances and loans made to other parties	-	0.14	0	0
Dividends received	-4.2%	0	0.04	0.03
Interest received	-1.9%	9.08	9.24	11
Other inflows (outflows) of cash	-	-12.95	0	0
Net Cashflows From Investing Activities	-161.5%	-43.25	73	-56.36
Proceeds from issuing shares	-	85	0	0
Proceeds from borrowings	679%	44	6.52	3.43
Repayments of borrowings	-	49	0	0
Payments of lease liabilities	52.4%	0.61	0.18	0
Dividends paid	-	18	0	33
Interest paid	444.4%	4.92	1.72	1.97
Net Cashflows from Financing Activities	1419.3%	56	4.62	-31.14
Net change in cash and cash eq.	500.5%	137	-32.96	-67.31

Balance Sheet for Easy Trip Planners

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

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	80.8%	133	74	118	19	41	28
Current investments	-	0	0	0	0	1.03	1.03
Loans, current	-104.6%	0.22	18	23	25	6.09	5.11
Total current financial assets	13.8%	495	435	515	380	276	194
Current tax assets	-117.4%	0	6.76	0	0	1.59	0
Total current assets	26.6%	648	512	831	627	459	313
Property, plant and equipment	-0.5%	8.72	8.76	9.02	9.42	8.06	8.08
Investment property	0%	2.29	2.29	2.29	2.3	2.3	2.31
Non-current investments	4.7%	134	128	0	25	20	20
Loans, non-current	122.7%	50	23	0	0	0	0
Total non-current financial assets	12.2%	249	222	119	30	88	144
Total non-current assets	7.4%	336	313	136	47	103	158
Total assets	19.3%	984	825	967	674	562	472
Total non-current financial liabilities	-6.5%	0.02	0.08	0.14	0.2	0	0.06
Provisions, non-current	11.4%	5.49	5.03	4.19	3.55	2.9	2.69
Total non-current liabilities	1968.1%	86	5.11	4.33	3.74	71	2.75
Borrowings, current	-6.4%	0	0.06	116	65	21	40
Total current financial liabilities	10.6%	95	86	265	192	146	182
Provisions, current	22.7%	4.57	3.91	3.05	2.48	1.76	1.43
Current tax liabilities	-	0	0	7.71	0.33	0	9.51
Total current liabilities	6.6%	194	182	349	283	187	229
Total liabilities	50%	280	187	353	287	258	232
Equity share capital	0%	177	177	177	174	43	43
Total equity	10.4%	704	638	614	387	304	240
Total equity and liabilities	19.3%	984	825	967	674	562	472

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

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	55%	156	101	138	30	58	37
Current investments	281.3%	8.74	3.03	2.02	0	1.03	1.03
Loans, current	11.5%	0.23	0.13	0.09	0.03	0.16	0.13
Total current financial assets	20.7%	544	451	529	382	293	203
Inventories	181.2%	1.13	0.84	0.71	0.66	0.39	0.26
Current tax assets	-114.8%	0	7.75	0.47	0	1.98	0
Total current assets	32.2%	740	560	875	648	477	323
Property, plant and equipment	150%	31	13	12	12	8.51	8.32
Capital work-in-progress	-	3.03	0	0	0	0	-
Investment property	0%	2.29	2.29	2.29	2.3	2.3	2.31
Goodwill	0%	50	50	59	5.25	4.45	4.45
Non-current investments	11.1%	41	37	4	0	0	0
Loans, non-current	-4.2%	0	0.04	0	0	0	0
Total non-current financial assets	0.9%	115	114	31	6.24	69	124
Total non-current assets	3.3%	344	333	171	49	104	160
Total assets	21.3%	1,084	894	1,045	697	581	483
Borrowings, non-current	486.1%	17	3.73	0	0.11	0	0
Total non-current financial liabilities	177.8%	23	8.92	0	0.11	0	0
Provisions, non-current	15.4%	6.55	5.81	4.96	3.81	3.11	2.99
Total non-current liabilities	413%	119	24	22	7.38	73	2.99
Borrowings, current	48.3%	13	9.09	135	83	37	50
Total current financial liabilities	21.1%	156	129	304	223	169	196
Provisions, current	21%	4.92	4.24	3.24	2.63	1.9	1.55
Current tax liabilities	351.7%	2.31	1.29	7.98	0.09	0	9.12
Total current liabilities	13.1%	277	245	411	319	210	244
Total liabilities	47.4%	396	269	432	327	283	247
Equity share capital	0%	177	177	177	174	43	43
Non controlling interest	15.8%	23	20	21	0.36	0	0
Total equity	10.1%	688	625	613	370	298	236
Total equity and liabilities	21.3%	1,084	894	1,045	697	581	483

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 AviationAirline	2.06 LCr	79.51 kCr	+4.28%	+35.55%	33.87	2.59	+18.09%	-15.44%
IRCTC	Indian Railway Catering & Tourism CorpTour, Travel Related Services	61.12 kCr	4.76 kCr	+5.02%	-26.85%	49.25	12.83	+12.05%	+12.25%
THOMASCOOK	Thomas Cook (India)Tour, Travel Related Services	6.53 kCr	7.96 kCr	+3.03%	-32.07%	26.06	0.82	+12.58%	+23.59%
MHRIL	Mahindra Holidays & Resorts IndiaHotels & Resorts	6.24 kCr	2.93 kCr	+8.46%	-28.67%	45.84	2.13	+7.61%	+52.76%
YATRA	YATRA ONLINETour, Travel Related Services	1.36 kCr	713.78 Cr	+1.04%	-41.92%	50.33	1.9	-	-

EASEMYTRIP - Easy Trip Planners Limited Share Price

What does Easy Trip Planners Limited do?

Summary of Latest Earnings Report from Easy Trip Planners

Revenue Breakdown

Investor Care

Financial Health

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Valuation

Fundamentals

Profitability

Income Statement for Easy Trip Planners

Cash Flow for Easy Trip Planners

Balance Sheet for Easy Trip Planners

Is Easy Trip Planners Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)