Step into the realm of seamless travel experiences with the distinguished brand “Ease My Trip.” Recognized as a prominent figure in the travel industry, the company presents an extensive range of travel-related products and services, all unified under its trusted flagship brand. Whether it’s facilitating effortless airline ticket bookings, arranging comfortable hotel accommodations, or curating exciting holiday packages, “Ease My Trip” ensures a complete and stress-free travel experience. Beyond these essentials, the company extends its services to cover aspects like rail and bus ticket arrangements, offering ancillary value-added services such as travel insurance, streamlined visa processing, and access to various activities and attractions.
This article will meticulously explore every aspect of this comprehensive travel companion, shedding light on its diverse offerings and exemplary services.
About Ease My Trip
Easy Trip Planners (EMT) stands out as India’s fastest-growing and second-largest profitable online travel portal, establishing itself as a leading OTA firm. Offering a comprehensive suite of travel-related products and services, EMT ensures end-to-end travel solutions, including airline tickets, hotels, holiday packages, rail tickets, and bus tickets. Its extensive travel agent network sets EMT apart, boasting a staggering 60,000 agents across India and operating through three distribution channels: B2C, B2E, and B2B2C. With over 90% of its current business directed towards B2C, the company effectively caters to individual travelers while maintaining a presence in the travel agent and corporate business domains.
EMT’s strategic approach involves noteworthy acquisitions and partnerships, such as the Spree Hospitality acquisition, aiming to expand its portfolio to 200 properties in the next five years. Additionally, the YoloBus acquisition and collaborations with Flybig, SpiceJet, and JustDial showcase EMT’s commitment to diversifying its offerings and enhancing customer experiences through exclusive partnerships in various travel segments.
Ease My Trip in Recent News
- In a bold move, EaseMyTrip has halted all flight bookings to the Maldives as a demonstration of solidarity with India. The decision comes in response to derogatory remarks made by some suspended ministers against India and Prime Minister Narendra Modi regarding his recent visit to Lakshadweep. Nishant Pitti, CEO of EaseMyTrip, announced the suspension on social media, emphasizing the company’s commitment to supporting the nation in the face of the online ‘Boycott Maldives’ campaign.
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Defending the suspension of Maldives flight bookings, EaseMyTrip CEO Nishant Pitti cited the Maldivian President’s request to remove Indian military personnel by March 15, 2024, as the root cause. Highlighting the Maldivian government’s pro-China stance, Pitti stated that redirecting tourism revenue from Indians to Chinese tourists is fair. Despite potential financial risks, Pitti expressed gratitude for the 95% of Indians supporting the decision, while acknowledging that a political perspective may influence the remaining 5%. Talks between Indian and Maldivian officials are ongoing regarding the withdrawal of Indian military personnel.
Below are the trading platforms that you can use to purchase EMT shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| January 2024 | 50.44 | 43.86 |
| February 2024 | 51.47 | 44.75 |
| March 2024 | 52.52 | 45.67 |
| April 2024 | 50.99 | 44.34 |
| May 2024 | 50.23 | 43.68 |
| June 2024 | 52.04 | 45.25 |
| July 2024 | 51.52 | 44.80 |
| August 2024 | 53.58 | 46.59 |
| September 2024 | 55.72 | 48.46 |
| October 2024 | 54.63 | 47.51 |
| November 2024 | 56.27 | 48.93 |
| December 2024 | 57.68 | 50.15 |
| When | Maximum Price | Minimum Price |
| January 2025 | 58.83 | 45.25 |
| February 2025 | 60.34 | 46.42 |
| March 2025 | 62.69 | 48.23 |
| April 2025 | 61.46 | 47.28 |
| May 2025 | 59.67 | 45.90 |
| June 2025 | 62.36 | 47.97 |
| July 2025 | 61.14 | 47.03 |
| August 2025 | 63.03 | 48.48 |
| September 2025 | 65.23 | 50.18 |
| October 2025 | 66.93 | 51.48 |
| November 2025 | 68.60 | 52.77 |
| December 2025 | 70.32 | 54.09 |
Anticipating a positive trajectory, Ease My Trip’s share price targets for 2025 demonstrate an upward trend. The projections indicate a maximum price of ₹70.32 and a minimum of ₹45.25 by December 2025. This outlook aligns with the company’s recent geographical expansion efforts in northern India, marked by new franchise stores in Ludhiana, Jalandhar, Delhi, and Agra.
Additionally, the exponential growth of the company’s Dubai office further signals its strategic expansion and market presence. Given these optimistic projections and expansion initiatives, investors will likely watch the company closely.
| When | Maximum Price | Minimum Price |
| January 2026 | 72.43 | 55.71 |
| February 2026 | 74.28 | 57.14 |
| March 2026 | 77.18 | 59.37 |
| April 2026 | 75.67 | 58.21 |
| May 2026 | 73.46 | 56.51 |
| June 2026 | 76.77 | 59.05 |
| July 2026 | 75.26 | 57.90 |
| August 2026 | 77.59 | 59.69 |
| September 2026 | 80.31 | 61.78 |
| October 2026 | 82.40 | 63.38 |
| November 2026 | 84.46 | 64.97 |
| December 2026 | 86.57 | 66.59 |
Looking ahead to 2026, Ease My Trip’s share price forecasts suggest a robust performance, with projections reaching a maximum of ₹86.57 and a minimum of ₹55.71 by December.
Notably, the company’s revenue mix reveals a significant reliance on airline passage, contributing to 99.97% of its revenue, while hotel packages and other services play smaller roles. A noteworthy advancement includes the introduction of in-house Smart Voice Recognition Technology powered by advanced AI and ML, showcasing the company’s commitment to leveraging cutting-edge technology for enhanced services.
| When | Maximum Price | Minimum Price |
| January 2027 | 88.30 | 67.92 |
| February 2027 | 90.56 | 69.66 |
| March 2027 | 94.09 | 72.38 |
| April 2027 | 92.25 | 70.96 |
| May 2027 | 89.56 | 68.89 |
| June 2027 | 93.59 | 71.99 |
| July 2027 | 91.76 | 70.58 |
| August 2027 | 94.60 | 72.77 |
| September 2027 | 97.91 | 75.31 |
| October 2027 | 100.45 | 77.27 |
| November 2027 | 102.96 | 79.20 |
| December 2027 | 105.54 | 81.18 |
In the trajectory for 2027, Ease My Trip’s share price is poised for growth, with projections ranging from a maximum of ₹105.54 to a minimum of ₹67.92 by December. Amidst this optimistic outlook, the company has strategically collaborated with DuDigital Global Limited for streamlined administrative processes related to visas, passports, and identity management.
Additionally, a partnership with BluSmart, India’s leading all-electric ride-hailing service and EV charging superhub operator, further enhances EaseMyTrip’s offerings. Impressively, the company maintains a low marketing cost, spending just 0.9% of revenue on marketing, coupled with a high Look to Book ratio of ~4%, indicating strong customer engagement.
| When | Maximum Price | Minimum Price |
| January 2028 | 107.65 | 82.81 |
| February 2028 | 110.41 | 84.93 |
| March 2028 | 114.71 | 88.24 |
| April 2028 | 112.46 | 86.51 |
| May 2028 | 109.19 | 83.99 |
| June 2028 | 114.10 | 87.77 |
| July 2028 | 111.87 | 86.05 |
| August 2028 | 115.33 | 88.71 |
| September 2028 | 119.36 | 91.82 |
| October 2028 | 122.46 | 94.20 |
| November 2028 | 125.53 | 96.56 |
| December 2028 | 128.66 | 98.97 |
- January 2028: ₹82.81 (Minimum)
- December 2028: ₹128.66 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2029 | 131.24 | 100.95 |
| February 2029 | 134.60 | 103.54 |
| March 2029 | 139.85 | 107.58 |
| April 2029 | 137.11 | 105.47 |
| May 2029 | 133.12 | 102.40 |
| June 2029 | 139.11 | 107.01 |
| July 2029 | 136.38 | 104.91 |
| August 2029 | 140.60 | 108.15 |
| September 2029 | 145.52 | 111.94 |
| October 2029 | 149.30 | 114.85 |
| November 2029 | 153.03 | 117.72 |
| December 2029 | 156.86 | 120.66 |
- January 2029: ₹100.95 (Minimum)
- December 2029: ₹156.86 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2030 | 160.00 | 123.07 |
| February 2030 | 164.10 | 126.23 |
| March 2030 | 170.50 | 131.15 |
| April 2030 | 167.16 | 128.58 |
| May 2030 | 162.29 | 124.84 |
| June 2030 | 169.59 | 130.45 |
| July 2030 | 166.27 | 127.90 |
| August 2030 | 171.41 | 131.85 |
| September 2030 | 177.41 | 136.47 |
| October 2030 | 182.02 | 140.02 |
| November 2030 | 186.57 | 143.52 |
| December 2030 | 191.23 | 147.10 |
- January 2030: ₹123.07 (Minimum)
- December 2030: ₹191.23 (Maximum)
Ease My Trip Financial Condition: Last 5 Years
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales | 101 | 141 | 138 | 233 | 430 |
| Expenses | 112 | 128 | 62 | 100 | 245 |
| Operating Profit | -11 | 13 | 76 | 133 | 185 |
| OPM % | -10% | 9% | 55% | 57% | 43% |
| Other Income | 50 | 39 | 12 | 15 | 16 |
| Interest | 3 | 3 | 3 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 |
| Profit Before Tax | 36 | 48 | 85 | 145 | 197 |
| Tax % | 33% | 27% | 26% | 26% | 26% |
| Net Profit | 24 | 35 | 62 | 107 | 147 |
| EPS in Rs | 0.14 | 0.20 | 0.36 | 0.62 | 0.84 |
| Dividend Payout % | 0% | 0% | 35% | 20% | 0% |
- Over the past five years, Ease My Trip has demonstrated notable financial growth.
- Sales have consistently increased from ₹101 Crores in 2019 to ₹430 Crores in 2023.
- Operating profit witnessed a substantial rise, improving from -₹11 Crores in 2019 to ₹185 Crores in 2023.
- The operating profit margin stands impressively at 43%.
- Net profit has steadily grown, reaching ₹147 Crores in 2023.
- Earnings per share (EPS) is recorded at ₹0.84.
- The company has shown prudent financial management, maintaining a 0% dividend payout in 2019, 2020, and 2023, with a peak of 35% in 2021.
- Compounded sales growth over the last 10 years is -3%, while over the last 5 years, it is 34%.
- Compounded profit growth over the last 10 years is 52%, and over the last 5 years, it is 103%.
- Return on equity has been consistently strong, reaching 47% in the last year.
- The stock price compound annual growth rate (CAGR) for 1 year is -12%.
FAQs
What is Ease My Trip’s current market capitalization?
As of January 24th, 2024, Ease My Trip’s market cap is ₹8,274 Crores.
The current share price is ₹46.7 as of January 24th, 2024.
The projected share price for December 2024 ranges from a minimum of ₹43.68 to a maximum of ₹57.68.
In 2025, the share price is expected to reach a maximum of ₹70.32 and a minimum of ₹45.25 by December.
The share price for 2026 is projected to range from ₹55.71 (minimum) to ₹86.57 (maximum) by December.
What is Ease My Trip’s marketing expenditure as a percentage of revenue?
In H1FY24, the company spent just 0.9% of its revenue on marketing.
How has Ease My Trip’s sales growth performed over the last 5 years?
The compounded sales growth for the last 5 years is 34%.
What is Ease My Trip’s current operating profit margin percentage?
The current operating profit margin is 43%.
What is Ease My Trip’s return on equity for the last year?
The return on equity for the last year is 47%.
What is the compounded profit growth for Ease My Trip over the last 3 years?
The compounded profit growth for the last 3 years is 64%.
What is the stock’s Price/Earnings (P/E) ratio as of now?
The stock’s P/E ratio is 51.7.
The projected share price for January 2030 ranges from a minimum of ₹123.07 to a maximum of ₹191.23.
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In conclusion, Ease My Trip stands out as a prominent player in the travel industry, offering a comprehensive suite of services and showcasing commendable growth. The company’s commitment to seamless travel experiences is evident through its diverse offerings, strategic acquisitions, and exclusive partnerships. The decision to suspend flight bookings to the Maldives underscores its alignment with national sentiments.
While the projected share price trajectory from 2024 to 2030 indicates promising prospects and the company has delivered a robust 103% CAGR in profit growth over the last 5 years, potential investors should exercise caution. The stock’s current trading at 13.5 times its book value, a decrease in promoter holding, and challenges in liquidity management reflected in increased debtor and working capital days necessitate careful consideration.
Despite these considerations, Ease My Trip is anticipated to deliver a strong quarter, and its impressive 48.7% ROE over three years adds a positive dimension. Investors are advised to conduct thorough due diligence, weighing growth prospects against financial indicators and market dynamics before making informed decisions about their investment in Ease My Trip.
What did we learn?
- 1 About Ease My Trip
- 2 Ease My Trip in Recent News
- 3 How To Purchase Ease My Trip Shares?
- 4 Ease My Trip Share Price Target 2024 To 2030
- 5 Ease My Trip Financial Condition: Last 5 Years
- 6 FAQs
- 6.1 What is Ease My Trip’s current market capitalization?
- 6.2 What is the current share price of Ease My Trip?
- 6.3 What is Ease My Trip’s projected share price for December 2024?
- 6.4 What is Ease My Trip’s share price target for 2025?
- 6.5 What is the expected share price for Ease My Trip in 2026?
- 6.6 What is Ease My Trip’s marketing expenditure as a percentage of revenue?
- 6.7 How has Ease My Trip’s sales growth performed over the last 5 years?
- 6.8 What is Ease My Trip’s current operating profit margin percentage?
- 6.9 What is Ease My Trip’s return on equity for the last year?
- 6.10 What is the compounded profit growth for Ease My Trip over the last 3 years?
- 6.11 What is the stock’s Price/Earnings (P/E) ratio as of now?
- 6.12 What is Ease My Trip’s target for 2030 share price?
- 7 Strategic Overview and Considerations: Navigating the Trajectory – A Comprehensive Conclusion on Ease My Trip
