EASEMYTRIP - Easy Trip Plann.
📢 Recent Corporate Announcements
EaseMyTrip has announced its 'Great Indian Summer Travel Sale' scheduled from April 28 to May 6, 2026, to capitalize on the peak summer travel season. The campaign offers substantial discounts of up to INR 15,000 on flights and hotels, with holiday packages starting at a competitive price of INR 8,999. By leveraging partnerships with major banks like ICICI, Amex, and YES Bank, the company aims to drive transaction volumes and customer acquisition. This move is part of their broader strategy to maintain market leadership in the Indian OTA sector through high-volume seasonal promotions.
- Sale period active from April 28 to May 6, 2026, targeting high-demand summer travel corridors.
- Offers include up to INR 15,000 off on flights and hotels, and holiday packages starting from INR 8,999.
- Strategic tie-ups with 6 major banking partners and over 25 international and domestic airlines.
- Integration with ChatGPT marketplace and EMTPRO membership to enhance personalized booking experiences.
- Focus on both domestic destinations like Goa and Kashmir, and international spots like Bali and Singapore.
Easy Trip Planners Limited has informed the stock exchanges that it does not meet the criteria to be classified as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144. This classification is based on specific financial thresholds related to long-term borrowings and credit ratings. As a result, the company is not required to comply with the mandatory debt issuance and disclosure requirements applicable to large entities. This is a routine annual regulatory filing and does not reflect any change in the company's operational status.
- Company does not fall under the 'Large Corporate' category as per para 2.2 of the SEBI circular.
- Exempt from mandatory fund raising through debt securities as required for large entities.
- No requirement to make disclosures under para 4.1 of the specified SEBI circular.
- The filing is a standard administrative compliance update for the exchanges.
EaseMyTrip has announced a significant expansion into the Latin American market by signing strategic Memorandums of Understanding (MoUs) with six prominent Brazilian corporate and institutional partners. These partners include AGK Corretora de Câmbio, Neo Sector, and AMVALE, focusing on tapping into Brazil's large corporate travel ecosystem. The move aligns with the company's global strategy to leverage its technology platform, which already provides access to 2.9 million+ hotels and 400+ airlines. This expansion into Brazil adds to the company's existing international presence in countries like the UAE, UK, and USA.
- Signed strategic MoUs with 6 Brazilian entities including AGK Corretora de Câmbio, Neo Sector, and DATAGRO
- Targets the Brazilian travel market, one of the largest travel and tourism economies in Latin America
- Focuses on the corporate travel ecosystem to leverage the company's tech-driven platform and 2.9 million+ hotel network
- Expansion builds on an international footprint that already spans 9 countries including the USA, UK, and UAE
- Aims to capture growth in a market characterized by high digital adoption and strong travel fundamentals
Easy Trip Planners Limited has responded to a clarification sought by the National Stock Exchange regarding its financial results for the quarter ended June 30, 2025. The company maintained that the results were signed by the authorized signatory, CEO Rikant Pittie, in accordance with SEBI Regulation 33. Furthermore, the company confirmed that the integrated financial results were filed in the mandatory XBRL format. EaseMyTrip has requested the exchange to specify any observed discrepancies to ensure timely rectification and continued compliance.
- Response submitted on September 15, 2025, regarding the June 30, 2025, quarter results.
- Company asserts compliance with Regulation 33 of SEBI (LODR) Regulations, 2015.
- Financial results were signed by Whole Time Director and CEO, Mr. Rikant Pittie.
- Company has requested NSE to specify nature of discrepancies in XBRL submission if any exist.
EaseMyTrip Foundation has entered into a Memorandum of Understanding with the Delhi Public Works Department (PWD) to adopt and maintain the Mayur Vihar Phase 1 and Apsara flyovers. This CSR initiative focuses on urban enhancement, landscaping, and sustainability within the national capital, strengthening the company's brand presence. While the move is non-commercial, it aligns with the company's 'EaseMyTrip 2.0' strategy of building a diversified and responsible ecosystem. The company remains a leading profitable travel-tech platform with access to over 400 airlines and 2.9 million hotels.
- MoU signed with Delhi PWD for the adoption, upkeep, and aesthetic enhancement of Mayur Vihar Phase 1 and Apsara flyovers.
- Initiative includes landscaping, greenery development, and maintaining cleanliness standards in line with PWD requirements.
- EaseMyTrip Foundation is also associated with the 'Adopt a Heritage 2.0' program for sites like Agra Fort and Qutub Minar.
- The company continues to operate a zero-convenience fee model with a network of 400+ airlines and 2.9 million+ hotels.
EaseMyTrip has announced its integration with ChatGPT, becoming the first listed Indian travel company to offer flight and hotel bookings through the AI platform. This integration allows users to plan and book travel using natural language, accessing the company's inventory of 400+ airlines and 2.9 million+ hotels. The move is part of the "EaseMyTrip 2.0" strategy to leverage AI for a more personalized and frictionless user experience. By being an early adopter, the company aims to capture the evolving AI-led consumer search behavior.
- First listed Indian OTA to integrate directly with ChatGPT's app marketplace
- Provides conversational access to 400+ airlines and over 2.9 million hotel properties
- Strategic shift towards "EaseMyTrip 2.0" focusing on a unified AI-powered travel ecosystem
- Aims to reduce booking friction by eliminating the need to navigate multiple platforms
EaseMyTrip has announced a strategic collaboration with the National Skill Development Corporation (NSDC) and Sanatan AI to launch a national entrepreneurship initiative focused on India's spiritual economy. The project, titled "Shop on Wheels," aims to deploy EV-based mobile units across up to 2 lakh Panchayats over the next five years. EaseMyTrip will integrate its religious and pilgrimage travel services into this decentralized franchise network, significantly expanding its reach into rural and semi-urban markets. The initiative is supported by a MUDRA-linked financing framework to help micro-entrepreneurs establish these spiritual service hubs.
- Strategic partnership with NSDC and Sanatan AI to formalize the spiritual services economy.
- Targeted deployment of mobile 'Shop on Wheels' units across 2,00,000 Panchayats over 5 years.
- EaseMyTrip to act as the primary provider for religious and pilgrimage travel bookings within the ecosystem.
- Initiative includes MUDRA-linked financing to support micro-entrepreneurs in rural India.
- Focuses on capturing the high-growth spiritual tourism segment and expanding rural market penetration.
EaseMyTrip has entered into an exclusive partnership with MSTC Ltd, a Government of India enterprise under the Ministry of Steel, to provide comprehensive travel solutions for the government sector. The company will integrate its APIs with MSTC's system, offering access to its inventory of over 400 airlines and 2.9 million hotels to government organizations. This strategic move allows EaseMyTrip to penetrate the high-volume institutional and corporate travel segment. The partnership is expected to create a steady, high-value revenue stream by digitizing government travel procurement.
- Exclusive partnership with MSTC Ltd to facilitate corporate travel for the Government Sector.
- Integration of EaseMyTrip APIs providing access to 400+ airlines and 2.9 million+ hotels worldwide.
- Strategic expansion into the institutional travel segment to diversify beyond B2C retail.
- EaseMyTrip will provide end-to-end technical support and infrastructure for MSTC's network.
- Aims to capture high-value, large-scale government travel procurement through digitized solutions.
EaseMyTrip has announced its 'Sunny Getaway Sale' scheduled from March 24 to March 31, 2026, to capitalize on the upcoming summer travel demand. The campaign offers significant discounts including up to INR 5,000 on flights and up to INR 10,000 on hotels, alongside holiday packages starting at INR 7,999. By partnering with over 15 major international airlines and BOBCARD, the company aims to drive higher booking volumes and expand its market share in both domestic and international segments. This move is part of their seasonal strategy to maintain industry-leading margins and profitability.
- Discounts of up to INR 5,000 on flights and up to INR 10,000 on hotel bookings using promo code EMTSUNNY.
- Holiday packages introduced at a starting price point of INR 7,999 to attract budget-conscious travelers.
- Strategic partnerships with major global carriers including Singapore Airlines, Lufthansa, and British Airways.
- Additional financial incentives provided through exclusive transaction benefits with BOBCARD.
- Campaign targets high-growth domestic destinations like Ladakh and international hubs like Maldives and Singapore.
Easy Trip Planners Limited has announced the closure of its trading window starting April 1, 2026, in compliance with SEBI insider trading regulations. This closure is ahead of the board meeting to approve financial results for the quarter and year ending March 31, 2026. The window will remain closed for all designated persons and their relatives until 48 hours after the results are declared. This is a standard regulatory procedure and does not indicate any fundamental change in the company's operations.
- Trading window closure starts from April 1, 2026, at 09:00 A.M.
- Closure is related to the approval of financial results for the quarter and year ended March 31, 2026.
- The window will reopen 48 hours after the official announcement of the financial results.
- Restriction applies to all designated persons and their immediate relatives as per the company's Code of Conduct.
EaseMyTrip has been recognized in the 6th Edition of the 'Most Trusted Brands of India 2026-2027' by Team Marksmen Network. The selection process, managed by Coherent Market Insights, evaluated brands on authenticity, transparency, and customer experience through extensive primary research. This recognition reinforces the company's brand equity and consumer confidence in its zero-convenience fee model. As a consistently profitable OTA, the company continues to leverage its access to over 400 airlines and 2.9 million hotels globally.
- Recognized as one of the Most Trusted Brands of India 2026-2027 at the 6th edition of the platform.
- Selection based on rigorous multi-stage data validation and primary research by Coherent Market Insights.
- Company maintains a global network of 400+ airlines and over 2.9 million hotels worldwide.
- Reinforces the competitive advantage of the company's unique zero-convenience fee business model.
Mr. Vinod Kumar Tripathi has ceased to be an Independent Director of Easy Trip Planners Limited effective February 24, 2026. This change follows the completion of his second five-year term, which spanned from February 24, 2021, to February 24, 2026. As a result, he also ceases to be a member of various board committees. The company has expressed gratitude for his contributions during his tenure, and the transition is a routine administrative change due to statutory term limits for independent directors.
- Mr. Vinod Kumar Tripathi completed his second consecutive 5-year term as Independent Director.
- The cessation is effective from the close of business hours on February 24, 2026.
- He has also stepped down from his roles as a member of various board committees.
- The tenure for his second term was specifically from February 24, 2021, to February 24, 2026.
Shareholders of Easy Trip Planners Limited (EaseMyTrip) have approved two key resolutions via postal ballot with over 99.9% majority. The first resolution involves increasing the company's Authorised Share Capital, which currently stands at approximately Rs. 363.68 crore. The second resolution confirms the appointment of Mr. Ajay Kumar Chauhan as an Independent Director. These approvals provide the company with structural flexibility for future capital actions and strengthen its board governance.
- Resolution to increase Authorised Share Capital passed with 99.96% majority (175.07 crore votes in favor).
- Appointment of Mr. Ajay Kumar Chauhan as Independent Director approved with 99.97% majority.
- Total valid votes cast amounted to 175.13 crore shares, representing approximately 48.15% of total equity.
- Promoter group showed full participation with 173.56 crore votes cast in favor of both resolutions.
Easy Trip Planners Limited (EaseMyTrip) has announced the incorporation of a wholly owned subsidiary, EaseMyTrip Academy Private Limited, on February 17, 2026. The new entity has an authorized and subscribed capital of ₹1 crore, fully funded by the parent company in cash. This move marks the company's strategic entry into the educational industry, focusing on upskilling, professional, and vocational training. The subsidiary is intended to create a new revenue vertical for the group beyond its core travel services.
- Incorporation of EaseMyTrip Academy Private Limited as a 100% wholly owned subsidiary
- Total cash investment of ₹1,00,00,000 (₹1 Crore) for 10,00,000 equity shares
- Entry into the educational industry to provide upskilling and vocational training
- The subsidiary is a newly incorporated entity with no prior turnover history
EaseMyTrip's board has granted in-principle approval to raise up to ₹500 crore through equity shares or other eligible securities. The capital is intended to accelerate growth in high-potential segments such as hotels and holiday packages, moving beyond their core air-ticketing business. The company plans to utilize the funds for technology enhancements and strategic opportunities to build an integrated travel ecosystem. This move provides the company with significant financial flexibility to execute long-term expansion plans while maintaining its profitable track record.
- Proposed capital raise of up to ₹500 crore via equity, QIP, rights issue, or preferential allotment.
- Funds earmarked for scaling high-growth segments including hotels, holidays, and technology upgrades.
- Company aims to diversify its revenue mix by strengthening non-air travel categories.
- The fundraise will be executed in one or more tranches subject to regulatory and shareholder approvals.
Financial Performance
Revenue Growth by Segment
Consolidated Revenue from operations reached INR 587.32 Cr in FY25, a slight decline of 0.55% from INR 590.58 Cr in FY24. However, the Hotel and Holiday packages segment saw explosive growth of 110%, reaching INR 116.25 Cr in FY24-25 compared to INR 55.35 Cr in FY23-24. Air ticketing remains the dominant segment but faces concentration risk. In Q2 FY26, revenue was INR 118.34 Cr, down from INR 144.67 Cr in Q2 FY25.
Geographic Revenue Split
The company is aggressively expanding internationally, with offices in 10 countries including the UAE, UK, USA, and Singapore. The Dubai office achieved a Gross Booking Revenue (GBR) of INR 701.37 Cr in FY25, representing a massive 242.2% growth from INR 204.97 Cr in FY24. International operations now represent a significant growth lever to offset domestic saturation.
Profitability Margins
Net Profit Margin stood at 18.01% in FY25, down from 25.89% in FY24. Operating Profit Margin also declined to 26.73% in FY25 from 37.47% in FY24. The compression is due to increased investments in marketing, employee costs (up 25.2%), and expansion into new verticals. Despite the dip, the company remains one of the only consistently profitable OTAs in India.
EBITDA Margin
EBITDA margin was 26.7% in FY25 (INR 161.22 Cr), a significant decrease from 37.5% (INR 228.19 Cr) in FY24. This 1,080 bps drop reflects higher operational expenses and investments in the 'EaseMyTrip 2.0' phase. For Q2 FY26, EBITDA was INR 12.1 Cr with a margin of 10.2%, impacted by seasonal variations and marketing spend.
Capital Expenditure
The company operates an asset-light model, keeping CAPEX low. Growth is primarily funded through internal accruals. Cash and cash equivalents stood at INR 156.16 Cr as of March 31, 2025, up from INR 100.89 Cr the previous year. Significant investments are directed toward technology upgrades and strategic acquisitions like Spree Hospitality and YoloBus.
Credit Rating & Borrowing
The company maintains a very low Debt-Equity Ratio of 0.05x in FY25, up slightly from 0.02x in FY24. Interest Coverage Ratio remains strong at 25.80x, though it declined from 37.05x YoY due to lower EBIT. Specific credit ratings and interest rate percentages were not disclosed in the provided documents.
Operational Drivers
Raw Materials
As a digital service platform, 'raw materials' consist of service costs related to procurement of travel inventory (7.7% of total expenses) and cost of materials consumed (INR 3.29 Cr, 0.05% of revenue). The primary inputs are airline seats, hotel rooms, and bus/train inventory sourced via aggregators and direct contracts.
Import Sources
Inventory is sourced globally, with a heavy concentration in India for domestic travel. International inventory is sourced through global distribution systems (GDS) and local aggregators in markets like Dubai, Singapore, Thailand, and the UK.
Key Suppliers
Suppliers include over 400 international and domestic airlines, 2.9 million+ hotels worldwide, and Indian Railways (IRCTC). Key partners include hotel aggregators and direct hospitality brands like Spree Hotels.
Capacity Expansion
Current capacity is defined by a network of 72,000+ registered travel agents and a user base of 30 million+ customers. Expansion is focused on non-air verticals (hotels, buses, rail) where online adoption is currently below 20%, providing a large headroom for digital penetration.
Raw Material Costs
Service costs (inventory procurement) were INR 61.57 Cr in FY25, up 24.1% from INR 49.63 Cr in FY24. The company uses an asset-light model to avoid inventory risk, meaning they do not prepay for hotel rooms or flight blocks, protecting them from unsold inventory losses.
Manufacturing Efficiency
Efficiency is measured by the lean team size; for example, the hotel segment is managed by a small team of just 71 people despite handling 2.9 million listings, achieved through high automation and aggregator partnerships.
Logistics & Distribution
Distribution is entirely digital via websites, mobile apps, and a network of 72,000+ agents. Advertising and sales promotion expenses, which drive this distribution, were INR 95.42 Cr in FY25, representing 16.2% of revenue.
Strategic Growth
Expected Growth Rate
43.50%
Growth Strategy
Growth will be driven by the 'EaseMyTrip 2.0' strategy, focusing on diversifying revenue beyond air tickets into hotels (currently 19.8% of net revenue) and international markets like Dubai (242% growth). The company is leveraging its 94% repeat transaction rate to cross-sell holiday packages and insurance. Strategic acquisitions like Spree Hospitality and YoloBus allow entry into high-growth mobility and hospitality sectors without heavy capital investment.
Products & Services
Airline tickets, hotel bookings, holiday packages, rail tickets, bus tickets, air charter services, taxi rentals, travel insurance, visa processing, and activities/attractions tickets.
Brand Portfolio
EaseMyTrip, Spree Hospitality, YoloBus, ScanMyTrip, EMTDesk, EMTMate, Easy Green Mobility.
New Products/Services
ScanMyTrip (ONDC-integrated marketplace), EMTDesk (corporate travel management), and EMTMate (agent enablement platform). These tech-led initiatives aim to capture underserved segments like MICE, weddings, and sports tourism.
Market Expansion
Targeting Tier II and III Indian cities through franchise stores (25 currently) and expanding the international footprint in Saudi Arabia, Brazil, and New Zealand to capture inbound and outbound global travel.
Market Share & Ranking
EaseMyTrip is one of India's largest online travel-tech platforms and the second-largest in terms of air ticket bookings as per industry reports.
Strategic Alliances
Integration with the ONDC network via ScanMyTrip and partnerships with major travel aggregators to provide access to 2.9 million hotels without owning the assets.
External Factors
Industry Trends
The industry is shifting toward 'full-service' travel ecosystems. While air ticketing is mature, hotel and bus online penetration is <20%, offering a high-growth runway. EaseMyTrip is positioning itself as a one-stop-shop to capture this shift.
Competitive Landscape
Competes with other major OTAs in India. EaseMyTrip differentiates through its 'bootstrapped and profitable' status and the absence of convenience fees, which appeals to price-sensitive Indian consumers.
Competitive Moat
The moat is built on a 94% repeat transaction rate and a 'Zero Convenience Fee' model, which creates high customer loyalty and lower acquisition costs. This is sustainable because of the company's industry-leading lean cost structure (asset-light), which competitors with higher overheads struggle to match.
Macro Economic Sensitivity
Highly sensitive to GDP growth and consumer sentiment. A contraction in the Indian economy would lead to a direct reduction in travel volumes, particularly in the premium and holiday segments.
Consumer Behavior
Rising use of discount coupons and a shift toward mobile-app-based bookings (WhatsApp-based bookings and AI chat support) are key trends the company is capitalizing on.
Geopolitical Risks
International expansion into markets like the Middle East and USA makes the company susceptible to visa policy changes, regional conflicts, and trade barriers that could disrupt international flight routes.
Regulatory & Governance
Industry Regulations
Operations are subject to Ministry of Civil Aviation norms, IRCTC regulations for rail ticketing, and local tourism laws in international jurisdictions like Dubai and Singapore.
Environmental Compliance
The company has entered the electric mobility space through 'Easy Green Mobility,' signaling a shift toward supporting sustainable travel options.
Taxation Policy Impact
The effective tax rate for FY25 was approximately 24% (Tax expense of INR 34.33 Cr on PBT of INR 142.98 Cr).
Legal Contingencies
The company manages standard business litigation; however, no specific high-value pending court cases or labor disputes with INR values were disclosed in the provided documents.
Risk Analysis
Key Uncertainties
Seasonality is a major risk; revenue peaks in Q1 (summer) and Q3 (winter), leading to potential inconsistency in quarterly earnings. Technological obsolescence is also a risk if the company fails to keep pace with AI and digital booking trends.
Geographic Concentration Risk
While expanding, the company still derives the majority of its revenue from the Indian market. Within India, it is now focusing on Tier II and III cities to reduce metropolitan concentration.
Third Party Dependencies
High dependency on GDS providers and airline carriers. Any technical failure in these third-party systems would halt the company's ability to process bookings.
Technology Obsolescence Risk
The company mitigates this through a dedicated in-house tech team and innovations like ScanMyTrip (ONDC) and AI-powered chat support to ensure the platform remains competitive.
Credit & Counterparty Risk
Receivables quality is generally high as most B2C transactions are prepaid. B2B2C and B2E segments carry some credit risk, managed through agent deposits and corporate credit limits.