Easy Trip Planners Limited – Investor Presentation Summary
Key Operational Highlights
- In Q1 FY27, Dubai operations recorded Gross Booking Revenue (GBR) of Rs. 4,618.1 million, a 45.2% increase from Rs. 3,180.6 million in Q1 FY26.
- Hotel and holiday package bookings grew by 95% year-on-year in Q1 FY27, rising from 3.3 lacs to 6.5 lacs.
- The Trains, Buses, and Others segment recorded a 45.8% year-on-year decline in Q1 FY27, with bookings decreasing from 4.3 lacs to 2.4 lacs.
- YoloBus has served over 2 million passengers to date and maintains an annual occupancy rate of over 88%.
- Spree Hospitality serves over a million customers through its portfolio of 56 properties and over 2,200 keys.
Key drivers of operational performance: Sustained traction in international travel, operational scale-up in Dubai, and focused expansion in the high-margin hotel and holiday packages segment.
Segment-wise Performance
- Dubai Operations: Q1 FY27 GBR of Rs. 4,618.1 Mn (Q1 FY26: Rs. 3,180.6 Mn), growth of 45.2% YoY.
- Non-Air Business (Hotels & Holidays): Bookings up 95% YoY.
- Non-Air Business (Trains, Buses, Others): Bookings down 45.8% YoY.
Explanation of significant changes in segment performance: Growth driven by continued traction in international travel and scaling of Dubai operations; decline in trains/buses segment not specified.
Financial Highlights
Consolidated FY26 Performance (INR in Mn):
- Revenue from Operations: Rs. 5,357.0
- Other Income: Rs. 377.5
- Total Revenue: Rs. 5,734.5
- EBITDA: Rs. 228.6
- EBITDA %: 4.0%
- PBT: Rs. 7.6
- Exceptional Items: Rs. 509.6
- Tax benefit on exceptional items: Rs. (99.3)
- Profit After Tax (PAT): Rs. (476.0)
- EPS: Rs. (0.11)
Q1 FY27 Standalone Performance (INR in Mn):
- Adjusted Revenue: Rs. 1,676.6
- Adjusted Income: Rs. 1,742.4
- PBT: Rs. (114.1)
- PAT: Rs. (116.9)
Drivers of financial performance: FY26 performance was significantly impacted by exceptional items of Rs. 509.6 Mn.
Comparison to market estimates: Not Specified.
Key Risks: Not explicitly disclosed in the provided data.
Geographical Revenue Split
Domestic vs Export/Regional Revenue: Not Specified in the provided data.
Regional Breakdown: Operations are present in UAE, UK, Thailand, and USA markets.
Balance Sheet Snapshot
Consolidated FY26 (INR in Mn):
- Equity Share Capital: Rs. 3,636.9
- Other Equity: Rs. 4,376.5
- Total Equity: Rs. 8,149.2
- Borrowings (Non-Current + Current): Rs. 212.8 + Rs. 101.2 = Rs. 314.0
- Cash and Cash Equivalents: Rs. 802.2
- Other Bank Balances: Rs. 67.2
Financial Health Insights: Not Specified.
Capex & Cash Flow Health
Consolidated Cash Flow FY26 (INR in Mn):
- Net Cash from Operating Activities: Rs. (951.0)
- Net Cash from Investing Activities: Rs. 488.7
- Net Cash from Financing Activities: Rs. (97.0)
- Cash and Cash equivalents at the end of the period: Rs. 802.2
Capital Expenditure: Easy Green Mobility plans an INR 200 Cr investment over 2–3 years for R&D and setting up a manufacturing plant.
Investment Rationale: Focus on expanding into the electric bus manufacturing market and sustainable travel solutions.
Strategic & R&D Initiatives
Investments in Innovation: AI-Powered Support chatbots, Smart Voice Recognition Technology, Corporate AI solutions (EMT Desk), AI-Enhanced Marketing, AI-Driven Dynamic Pricing, WhatsApp Bookings, Book at INR 0, Lock Price feature, ONDC Integration.
- Easy Green Mobility will manufacture EV buses, with a target to operate 2000+ electric buses by FY2028 through YoloBus.
- Spree Hospitality aims to expand its footprint to 200 properties over the next five years.
Expected impact on growth: The EV bus venture and hotel expansion are new revenue streams and part of an aggressive non-air segment expansion.
Strategic Rationale: Expanding into high-growth markets like EV manufacturing and hospitality, and reducing operational dependency on air ticketing.
Industry Trends & Business Environment
Macro/Industry Trends: The India online travel market was valued at USD 22.8 billion in 2024 and is anticipated to grow to USD 36.3 billion by 2027, reflecting a CAGR of 17%. India's e-retail GMV reached $65–$66 billion in 2025 and is poised to grow at a CAGR of more than 20%. By 2030, India is expected to gain 140 million middle-income and 21 million high-income households.
Impact on Company: These trends provide a large addressable market and customer base for online travel and retail services.
Management Commentary & Growth Outlook
Strategic Outlook: Not directly quoted but the presentation emphasizes scaling international offices, expanding the hotel and holiday segments, and driving growth across all subsidiaries.
FY Guidance: Spree aims for 200 properties in 5 years; YoloBus/Easy Green Mobility target 2000+ electric buses by FY2028.
Market Share Targets: Not Specified.
Risks and Opportunities: Not highlighted in the provided data.
ESG Updates
- EMT Foundation contributes to environmental sustainability, protection of national heritage, upliftment of Girl Education, animal welfare, and training of Sports persons.
- Partnered to enable real-time carbon footprint tracking and blockchain-powered carbon offset for eco-conscious travel.
- Through YOLO Bus; EaseMyTrip will accelerate nationwide transition to net zero carbon mobility in Buses.
- Foundation is the Smārak Sārathi for Qutub Minar, Sun Temple Konark, Agra Fort, and Western Group of Temples Khajuraho under the Adopt a Heritage 2.0 programme.