Easy Trip Planners Ltd
NSE:EASEMYTRIP
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Easy Trip Planners Ltd
Easy Trip Planners Ltd. is an online travel company. The company is headquartered in New Delhi, Delhi. The company went IPO on 2021-03-19. The firm is engaged in providing reservation and booking services related to travel and tourism through ease my trip-portal, ease my trip-app or in-house call-center. The Company’s segments include air ticketing, and hotels and packages. Its air ticketing segment offers an Internet and mobile based platform and call-centers that provides the facility to book and service international and domestic air tickets to consumer through business-to-customers (B2C) and business-to-business-customers (B2B2C) channel. Its hotels and packages segment provide holiday packages and hotel reservations through call-centers and branch offices. The firm offers travel-related products and services including airline tickets, hotels and holiday packages, rail tickets, bus tickets and taxis as well as ancillary value-added services such as travel insurance, visa processing and tickets for activities and attractions.
Easy Trip Planners Ltd. is an online travel company. The company is headquartered in New Delhi, Delhi. The company went IPO on 2021-03-19. The firm is engaged in providing reservation and booking services related to travel and tourism through ease my trip-portal, ease my trip-app or in-house call-center. The Company’s segments include air ticketing, and hotels and packages. Its air ticketing segment offers an Internet and mobile based platform and call-centers that provides the facility to book and service international and domestic air tickets to consumer through business-to-customers (B2C) and business-to-business-customers (B2B2C) channel. Its hotels and packages segment provide holiday packages and hotel reservations through call-centers and branch offices. The firm offers travel-related products and services including airline tickets, hotels and holiday packages, rail tickets, bus tickets and taxis as well as ancillary value-added services such as travel insurance, visa processing and tickets for activities and attractions.
EBITDA Growth: EBITDA for Q3 FY '25 grew 20.7% quarter-on-quarter to INR 51 crores, with a margin of 33.2%.
PAT Improvement: Q3 PAT increased 30% quarter-on-quarter to INR 34 crores, with a margin of 22.1%.
Non-Air Segments: Hotel nights booked grew 172% YoY in Q3, and the Dubai business saw 227% YoY growth.
Discount Strategy: Management reduced discounts from 3.8% to 3% to prioritize profitability over top-line growth.
Competitive Landscape: The company is facing intense competition, especially in the air segment, but remains focused on profitable growth.
No Major Equity Sale: Promoters clarified that recent media reports on stake sales were inaccurate and committed to no further sales this year.
International & Partnerships: Strong expansion in Dubai; new partnerships with OLX and CARS24 to broaden digital reach.
Management Transition: Rikant Pittie is now CEO, with Nishant Pitti focusing on international expansion.