Easy Trip Planners Ltd. (EASEMYTRIP) AI Stock Analysis

• Market Cap: ₹25.71B
• Dividend Yield: N/A
• Average Volume (3M): 1.78M
• Price to Earnings (P/E): 91.8
• Beta (1Y): 0.95
• Revenue Growth: -16.06%
• EPS Growth: -79.12%
• Country: IN
• Employees: 753
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Services
• EPS (TTM): 0.02
• Shares Outstanding: 3,636,853,300
• 10 Day Avg. Volume: 1,136,855
• 30 Day Avg. Volume: 1,781,025
• PEG Ratio: -0.85
• Price to Book (P/B): 6.34
• Price to Sales (P/S): 7.78
• P/FCF Ratio: 83.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹7.50 ▲(3.02% Upside)
• Action: Reiterated Date: 12/03/25
• Date: Action: Reiterated 12/03/25

Easy Trip Planners Ltd. shows strong financial performance with robust profitability and operational efficiency, which is the most significant factor in the overall score. However, technical indicators suggest mixed momentum, and the high P/E ratio indicates potential overvaluation, which negatively impacts the overall score.

Positive Factors

Profitability & Margins

Sustained gross, net, EBIT and EBITDA margins reflect durable cost control and unit economics. Robust margins provide buffer in downturns, support reinvestment in product and distribution, and improve long-term free cash flow potential even if top-line growth slows.

Balance Sheet Strength

Low leverage and a strong equity ratio offer financial resilience and flexibility to pursue strategic investments or weather travel cycles. A commendable ROE implies efficient capital use, supporting shareholder returns and reducing reliance on external financing over the medium term.

Operating Cash Generation

Healthy operating cash flow indicates the core OTA business converts bookings into cash, sustaining operations and funding working capital. This durability in cash generation supports recurring investment in technology, customer acquisition, and service quality without immediate external funding.

Negative Factors

Declining Revenue Trend

A ~14.5% revenue decline signals weakening demand or market share pressures. Persistent top-line contraction reduces operating leverage, limits ability to scale high-margin services, and undermines long-term margin sustainability unless business growth stabilizes or new revenue streams are developed.

Reduced Free Cash Flow & Liquidity

Decreasing free cash flow and lower cash balances constrain organic funding for marketing, product development, and expansion. Reduced liquidity raises the likelihood of needing external capital, which can increase cost of capital or dilute equity, limiting strategic optionality over the medium term.

Earnings Volatility / EPS Contraction

A severe EPS contraction indicates earnings volatility and one-off or structural profit pressures. Large swings in EPS impair forecasting, weaken investor confidence, and can limit management's ability to prioritize long-term investments versus short-term repair, increasing execution risk.

Easy Trip Planners Ltd. Business Overview & Revenue Model

Company Description

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, the United States, and New Zealand. It provides a range of travel-related products and services, including airline tickets, hotel and holiday packages, rail tickets, bus tickets, and taxi booking, as well as value added services, such as travel insurance, visa processing, and tickets for activities and attractions. The company was incorporated in 2008 and is based in New Delhi, India.

How the Company Makes Money

Easy Trip Planners Ltd. primarily makes money by facilitating travel bookings and earning revenue tied to the transaction value and volume it processes across its platforms. Key revenue streams include: (1) Commissions/incentives from travel suppliers: The company earns commissions, performance-based incentives, and other supplier-linked income from airlines, hotels, and other travel service providers when it sources bookings to them; the exact commission structures and rates vary by supplier and are not publicly standardised here (null). (2) Convenience/service fees: The company charges customers fees on certain bookings or services (e.g., ticketing/booking service charges), which contribute directly to revenue; the specific fee schedule by product and geography is not provided here (null). (3) Markups on travel products: For certain products such as hotels and holiday packages, the company can earn a spread/markup between the net rate obtained from suppliers/aggregators and the price paid by the customer; product-level margin details are not provided here (null). (4) Advertising and ancillary travel services: The platform can generate additional income from travel-related add-ons (e.g., seat selection, baggage, insurance) and promotional/advertising arrangements; the precise contribution of each ancillary line item is not available here (null). (5) Corporate and B2B travel: The company also serves business travelers and/or partners via corporate travel solutions and distribution relationships where revenue is derived from transaction fees, negotiated supplier incentives, and service income; detailed contract terms and the split versus retail are not available here (null). Factors that typically influence earnings include booking volumes, supplier incentive programs, air/hotel demand cycles, customer acquisition costs, and the mix of higher-margin products (e.g., hotels/packages) versus lower-margin products (e.g., air ticketing). Information on specific named partnerships or their financial terms is not available here (null).

Easy Trip Planners Ltd. Financial Statement Overview

Summary

Easy Trip Planners Ltd. presents a strong financial position with robust profitability and stability. The company demonstrates efficient cost management and operational resilience, despite challenges in maintaining consistent revenue growth and managing liquidity.

Income Statement

Easy Trip Planners Ltd. demonstrates strong profitability with a consistent gross profit margin and a stable net profit margin over recent years. The company has experienced fluctuating revenue growth, with a notable decline in the latest period. Despite this, EBIT and EBITDA margins remain robust, reflecting efficient cost management and operational resilience.

Balance Sheet

The company's balance sheet is solid with a favorable debt-to-equity ratio and a strong equity ratio, indicating financial stability and low leverage. The return on equity is commendable, showcasing effective use of shareholder funds. However, the decrease in cash and cash equivalents could indicate liquidity management challenges.

Cash Flow

Operating cash flow remains healthy, although there is a notable decline from previous periods. Free cash flow has decreased, impacting the company's ability to fund expansion without external financing. Despite the drop, the operating cash flow to net income ratio reflects effective cash generation from core operations.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	5.22B	5.87B	5.91B	4.49B	2.35B	1.39B
Gross Profit	3.90B	4.07B	3.89B	4.37B	2.35B	1.15B
EBITDA	349.60M	1.61B	1.56B	1.91B	1.47B	875.73M
Net Income	176.22M	1.07B	1.03B	1.34B	1.06B	610.11M
Balance Sheet
Total Assets	12.86B	11.54B	8.94B	6.97B	4.83B	3.98B
Cash, Cash Equivalents and Short-Term Investments	916.13M	2.77B	1.93B	2.26B	787.96M	1.52B
Total Debt	362.08M	385.34M	194.70M	868.16M	503.89M	173.41M
Total Liabilities	4.04B	4.12B	2.69B	3.27B	2.47B	2.35B
Stockholders Equity	8.65B	7.20B	6.05B	3.70B	2.36B	1.63B
Cash Flow
Free Cash Flow	-1.26B	544.44M	1.13B	-1.25B	-1.39M	732.62M
Operating Cash Flow	-174.75M	1.21B	1.24B	-1.10B	201.94M	738.46M
Investing Cash Flow	-331.44M	-1.06B	-432.48M	728.39M	-563.63M	-230.09M
Financing Cash Flow	-50.83M	201.73M	557.42M	38.43M	-311.42M	2.40M

Easy Trip Planners Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.28
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EASEMYTRIP, the sentiment is Negative. The current price of 7.28 is below the 20-day moving average (MA) of 8.11, below the 50-day MA of 7.35, and below the 200-day MA of 8.53, indicating a bearish trend. The MACD of -0.17 indicates Positive momentum. The RSI at 36.49 is Neutral, neither overbought nor oversold. The STOCH value of 9.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EASEMYTRIP.

Easy Trip Planners Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PDSL	66 Neutral	₹39.02B	67.17	―	0.91%	11.49%	-32.79%
EASEMYTRIP	66 Neutral	₹25.71B	91.75	―	―	-16.06%	-79.12%
SYNCOMF	64 Neutral	₹11.23B	17.72	―	―	56.41%	90.24%
YATRA	62 Neutral	₹16.74B	81.87	―	―	82.79%	208.75%
SPMLINFRA	58 Neutral	₹12.94B	17.55	―	―	-35.16%	115.70%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
ITDC	53 Neutral	₹38.00B	44.72	―	0.50%	6.56%	4.21%

Easy Trip Planners Ltd. Corporate Events

Easy Trip Planners’ Independent Director Vinod Kumar Tripathi Steps Down After Completing Tenure

Easy Trip Planners Ltd. has announced that non-executive independent director Vinod Kumar Tripathi has completed his second five-year term on the board and ceased to serve as an independent director and committee member with effect from the close of business on 24 February 2026. The board and management have formally acknowledged his contributions, and the company has disclosed the change in line with SEBI’s listing regulations, signalling routine board-level succession and compliance with corporate governance norms for independent directors’ tenure.

The cessation of Tripathi’s role follows the prescribed maximum tenure for independent directors, underscoring the company’s adherence to regulatory limits and governance standards. While no successor is named in the disclosure, the transition may prompt future board reconstitution or new independent director appointments as the company maintains regulatory compliance and oversight structures.

EaseMyTrip Strikes AI-Led Partnership With ProXpense to Streamline Corporate Travel and Expenses

EaseMyTrip has entered into a strategic partnership with AI-first travel and expense platform ProXpense to build an integrated, technology-led ecosystem for corporate travel and expense management in India. The tie-up combines EaseMyTrip’s extensive travel inventory and corporate booking capabilities with ProXpense’s automated expense tools—including OCR-based receipt scanning, real-time policy checks, GST-compliant documentation, and integration with HRMS and accounting systems—to deliver an end-to-end solution from booking to reimbursement and ledger posting. By embedding policy controls at the point of booking and automating downstream expense processes, the collaboration aims to eliminate manual workflows, reduce policy leakages, and give enterprises stronger financial governance and real-time visibility into travel spend, strengthening EaseMyTrip’s positioning in the corporate travel segment and offering greater efficiency and compliance for business customers.

Exchange Seeks Clarification from Easy Trip Planners on Q2 FY2025 Results

The stock exchange has sought clarification from Easy Trip Planners Ltd. regarding its financial results for the quarter ended 30 September 2025 under Regulation 33 of SEBI’s Listing Obligations and Disclosure Requirements norms. The company has yet to respond to the query, leaving investors and other stakeholders awaiting further information on its quarterly disclosures and compliance status.