Easy Trip Planners financials and balance sheet

NSE: EASEMYTRIPBSE: 543272Leisure ServicesSmall Cap

₹5.57₹0.24 (4.50%)BSE ₹5.59

Share price at the NSE close on 23 Oct 2026. Previous close ₹5.33.

52-week range of traded prices to 23 Oct 2026

₹5.10Low, 16 Oct 2026₹10.60High, 18 Feb 2026

Market cap: ₹2,219 Cr1,023rd largest listed
P/E: Lossover the last 12 months
P/B: Shares changed
Dividend yield: Nonein the last 12 months
ROE: −6.9%
ROE without one-offs: −0.2%
ROCE: −5.3%
Debt to equity: 0.04
Volume, NSE: 4,04,61,71324.0% delivered

6 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Easy Trip Planners annual reports

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings
Loss

A loss in the year to Mar 2026, −₹48 CrA loss in 1 of the 6 years shown

Operating and net margin, per cent

Operating margin
Net margin

The years either side of a change of basis do not compare. From the year to Mar 2022, the company's revenue for that year, ₹235 Cr, differs from its quarters added, ₹210 Cr.

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue536
Materials and goods−7.7
Employee costs−130
Other expenses−413
Operating profit−15
Depreciation−16
Other income+38
One-off items−51
Finance costs−6.1
Profit before tax−50
Tax+4.3
Joint ventures−1.7
Net profit−48

What the company owns

Plant, investments and other assets₹838 Cr
Receivables₹274 Cr
Cash and bank₹87 Cr
Current investments₹6 Cr
Inventory₹3 Cr

What pays for it: net worth and liabilities

Net worth₹815 Cr
Other liabilities₹254 Cr
Owed to suppliers₹108 Cr
Borrowings₹31 Cr

Easy Trip Planners business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Easy Trip Planners segment results by quarter

Revenue by segment

₹536 CrTotal

Air passage₹306 Cr57.2% of total
Hotel packages₹168 Cr31.4% of total
Other services₹61 Cr11.4% of total

Profit by segment

Hotel packages₹1.00 Cr100.0% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Air passage
Revenue, ₹ crore
105
235
408
485
391
306
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
75
133
165
196
113
−6
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Hotel packages
Revenue, ₹ crore
0
1
38
55
116
168
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
0
0
10
10
21
1
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Other services
Revenue, ₹ crore
1
0
3
50
80
61
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
0
−1
1
3
11
−10
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	107	236	449	591	587	536
Company revenue, as in its results	107	235	449	591	587	536
Revenue	105	235	408	485	391	306
Revenue growth	–	123.4%	73.4%	18.8%	−19.3%	−21.7%
Profit	75	133	165	196	113	−6
Profit growth	–	77.8%	24.1%	19.1%	−42.5%	–
Margin	71.0%	56.5%	40.4%	40.5%	28.9%	−2.0%
Return on capital	–	1,351.3%	71.6%	92.6%	192.7%	−6.5%
Assets	121	183	438	396	336	318
Liabilities	194	173	208	184	278	225
Capital employed	−72	10	230	212	59	93
Revenue	0	1	38	55	116	168
Revenue growth	–	–	–	46.2%	110.0%	44.8%
Profit	0	0	10	10	21	1
Profit growth	–	–	–	0.4%	117.5%	−95.3%
Margin	40.7%	56.5%	25.6%	17.6%	18.2%	0.6%
Return on capital	–	–	126.5%	19.1%	21.1%	1.0%
Assets	19	4	40	106	152	194
Liabilities	23	4	32	55	52	94
Capital employed	−4	0	8	51	100	101
Revenue	1	0	3	50	80	61
Revenue growth	–	–	–	–	58.4%	−23.4%
Profit	0	−1	1	3	11	−10
Profit growth	–	–	–	–	220.8%	–
Margin	40.8%	–	40.4%	6.9%	14.0%	−16.0%
Return on capital	40.5%	−3.5%	6.3%	18.1%	22.6%	−39.2%
Assets	1	23	21	25	57	30
Liabilities	0	0	2	5	7	5
Capital employed	1	23	19	19	49	25

Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.Easy Trip Planners quarterly results

₹ crore	Mar 2021Filed 17 Jun	Mar 2022Filed 7 Jun	Mar 2023Filed 27 May	Mar 2024Filed 25 May	Mar 2025Filed 18 Jun	Mar 2026Filed 31 May
Revenue from operations	107	235	449	591	587	536
	63	103	273	381	442	551
Materials and goods bought	0	0	2	2	3	8
Employee costs	21	26	52	82	103	130
Other expenses	42	77	219	297	336	413
Operating profit before depreciation	44	132	176	210	145	−15
Operating margin	40.8%	56.3%	39.2%	35.5%	24.7%	−2.8%
Materials, % of revenue	0.0%	0.1%	0.3%	0.4%	0.6%	1.4%
Employee costs, % of revenue	19.9%	11.0%	11.7%	13.9%	17.5%	24.2%
Other expenses, % of revenue	39.3%	32.7%	48.8%	50.2%	57.2%	77.1%
Depreciation and amortisation	1	1	3	7	12	16
Operating profit after depreciation	43	131	173	203	133	−31
Other income	44	14	15	19	16	38
Finance costs	4	2	3	6	6	6
Profit before one-off items and tax	83	144	185	215	143	1
One-off items	0	0	0	−72	0	−51
Profit before tax	83	144	185	143	143	−50
	22	38	51	39	34	−4
Current tax	23	39	51	46	39	−3
Deferred tax	0	−1	0	−7	−4	−2
Share of profit of joint ventures and associates	–	–	–	–	–	−2
	61	106	134	103	109	−48
Belonging to the company's shareholders	61	106	134	103	107	−39
Belonging to outside owners of subsidiaries	–	0	0	0	1	−8
Other comprehensive income	0	0	0	0	8	6
Total comprehensive income	61	106	134	103	117	−41
Net margin	57.2%	45.0%	29.9%	17.5%	18.5%	−8.9%
Net margin without joint ventures and associates	–	–	–	–	–	−8.6%

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ crore	Mar 2021Filed 17 Jun	Mar 2022Filed 7 Jun	Mar 2023Filed 27 May	Mar 2024Filed 25 May	Mar 2025Filed 18 Jun	Mar 2026Filed 31 May
	163	236	370	625	742	815
	163	236	370	605	720	801
Share capital	22	43	174	177	354	364
Reserves	141	192	196	427	366	438
Belonging to outside owners of subsidiaries	–	0	0	20	22	14
	17	50	83	13	35	31
Repayable after a year	0	0	0	4	25	21
Repayable within a year	17	50	83	9	9	10
	212	244	319	245	288	275
Trade payables	26	35	73	79	131	108
Other financial liabilities	107	111	68	40	44	47
Other liabilities	48	38	93	111	98	100
Provisions	0	2	3	4	5	4
Tax owed	13	9	0	1	1	5
	23	3	7	24	124	119
Other financial liabilities	0	0	0	5	2	1
Other liabilities	21	0	3	0	80	81
Provisions	2	3	4	6	8	9
Deferred tax	0	0	0	9	8	7
	398	483	697	894	1,154	1,208
Held for sale or for a demerger	–	–	–	–	–	91
	29	160	49	333	380	526
Plant in use, after depreciation	8	8	12	13	49	81
Plant being built	0	–	0	0	1	16
Intangible assets	0	16	13	66	55	58
Goodwill	2	4	5	50	50	50
Intangible assets being developed	0	0	0	0	2	0
Property held to earn rent	2	2	2	2	11	17
Investments	0	0	0	37	48	54
Stakes in joint ventures and associates	0	0	0	0	0	112
Loans given	0	0	0	0	0	0
Other financial assets	14	124	6	77	46	102
Deferred tax	3	4	4	8	10	19
Other assets	0	1	6	80	108	18
	368	323	648	560	774	592
Inventories	0	0	1	1	2	3
Trade receivables	29	53	156	233	296	274
Cash and cash equivalents	43	37	30	101	136	80
Other bank balances	186	96	19	1	7	7
Current investments	1	1	0	3	0	6
Loans given	21	0	0	0	19	15
Other financial assets	7	16	178	114	158	102
Tax paid in advance	0	0	0	8	0	1
Other assets	82	120	265	101	154	104
Net debt	−212	−83	34	−92	−108	−62

Borrowings are counted again inside the liabilities due within a year and after a year.

Cash flow

Consolidated, ₹ crore, years to March.

₹ crore	Mar 2021Filed 17 Jun	Mar 2022Filed 7 Jun	Mar 2023Filed 27 May	Mar 2024Filed 25 May	Mar 2025Filed 18 Jun	Mar 2026Filed 31 May
	74	20	−110	124	112	−4
	98	62	−50	177	173	−2
	51	−72	−230	−42	−44	−7
Receivables	27	−24	−104	−86	−68	14
Inventories	0	0	0	0	−1	−1
Payables	0	9	38	5	53	−20
Other working capital	25	−56	−164	39	−28	1
Tax paid	−24	−42	−60	−53	−61	−2
Capital spending	0	0	14	12	66	114
Free cash flow	74	20	−125	113	46	−118
	−55	−56	73	−43	−92	−42
Plant and property sold	0	0	0	1	0	2
Interest received	12	11	9	9	13	13
Dividends received	0	0	0	0	0	0
	0	−31	5	56	16	−10
Borrowings raised	1	3	7	44	22	−3
Borrowings repaid	0	0	0	−49	0	0
Interest paid	0	−2	−2	−5	−4	−5
Lease payments	0	0	0	−1	−1	−1
Dividends paid	0	33	0	18	0	0
Shares bought back	0	0	0	0	0	0
Shares issued	0	0	0	85	0	0
Net change in cash	19	−67	−33	137	35	−56

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Consolidated, ₹ per share, years to March.Easy Trip Planners dividend history

₹ per share	Mar 2021Filed 17 Jun	Mar 2022Filed 7 Jun	Mar 2023Filed 27 May	Mar 2024Filed 25 May	Mar 2025Filed 18 Jun	Mar 2026Filed 31 May
	₹0.18	₹0.30	₹0.39	₹0.29	₹0.30	−₹0.11
As stated that year	₹5.62	₹4.87	₹0.77	₹0.58	₹0.30	−₹0.11
	₹0.18	₹0.30	₹0.39	₹0.29	₹0.30	−₹0.11
As stated that year	₹5.62	₹4.87	₹0.77	₹0.58	₹0.30	−₹0.11
	₹0.06	₹0.03	–	₹0.05	–	–
As declared that year	₹2.00	₹1.00	–	₹0.10	–	–
	₹0.47	₹0.68	₹1.06	₹1.71	₹2.03	₹2.20
On that year's share count	₹14.97	₹10.85	₹2.13	₹3.41	₹2.03	₹2.20
Dividend payout	35.6%	10.3%	–	17.2%	–	–
Shareholder yield	0.0%	0.4%	0.0%	−0.9%	0.0%	0.0%
Market cap at the year end (₹ crore)	2,250	7,405	7,579	7,584	4,150	2,128

Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Consolidated, years to March.Easy Trip Planners PE ratio and valuation

Ratio	Mar 2021Filed 17 Jun	Mar 2022Filed 7 Jun	Mar 2023Filed 27 May	Mar 2024Filed 25 May	Mar 2025Filed 18 Jun	Mar 2026Filed 31 May
Revenue growth	–	–	90.7%	31.6%	−0.6%	−8.8%
Operating profit growth	–	–	32.8%	19.2%	−30.7%	–
Net profit growth	–	73.6%	26.6%	−22.8%	5.0%	–
Earnings per share growth	–	73.3%	26.5%	−24.7%	3.4%	–
	37.5%	53.2%	44.3%	21.2%	16.2%	−5.2%
	–	15.7 pts	−8.9 pts	−23.1 pts	−5.0 pts	−21.4 pts
From the net margin	–	−8.0 pts	−17.8 pts	−18.4 pts	1.0 pts	−22.7 pts
From asset turnover	–	29.3 pts	15.0 pts	−0.6 pts	−5.0 pts	1.4 pts
From borrowing	–	−5.6 pts	−6.0 pts	−4.1 pts	−0.9 pts	0.0 pts
Return on capital employed	23.8%	45.8%	38.2%	31.8%	17.1%	−3.6%
Cash conversion	121.0%	19.1%	−82.3%	120.0%	102.9%	–
Interest cover	12.1	67.3	50.8	33.9	23.0	–
Debt to equity	0.11	0.21	0.22	0.02	0.05	0.04
Receivable days	99	82	127	144	184	186
Inventory days	–	693	158	138	230	144
Payable days	–	91,641	17,299	12,927	14,532	5,110
Cash conversion cycle, days	–	−90,867	−17,014	−12,645	−14,118	−4,780
Working capital days	−190	−7	295	136	218	159
Asset turnover	0.27	0.53	0.76	0.74	0.57	0.45
Assets per rupee of net worth	2.44	2.21	1.95	1.63	1.55	1.55
Sales per rupee of plant	14.12	28.27	37.86	45.01	11.90	6.63
Capital spending to depreciation	0.00	0.00	4.97	1.61	5.31	7.16
Plant being built, % of plant in use	0.0%	–	0.0%	0.0%	1.7%	19.7%

Revenue growth and operating profit growth are left blank for the year to Mar 2022: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Interest cover is left blank for the year to Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year: −3.3%

Measure	5 years	3 years
Revenue growth, yearly rate	38.1%	6.1%
Return on equity, average	25.9%	10.7%
Return on capital employed, average	25.8%	15.1%
Operating margin, average	30.6%	19.2%
Net margin, average	20.4%	9.0%
Asset turnover, average	0.61	0.59
Cash conversion cycle, days, average	−27,885	−10,514
Interest cover, average	43.8	28.5
Debt to equity, average	0.11	0.04

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	142	232	−4
Cash from investing	−161	−178	−42
Cash from financing	35	62	−10
Capital spending	207	192	114
Dividends paid	50	18	0
Shares bought back	0	0	0
Shares issued for cash	85	85	0
Borrowings repaid	50	50	0

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9	–	–	4	4	4	2
Altman Z-scorePublished threshold 1.1	5.93	5.40	7.02	7.43	6.55	4.83
Beneish M-scorePublished threshold −1.78	–	1.17	0.06	−0.11	−2.26	−2.46
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	32.27	29.10	2.84	8.70	−0.12
Cash from operations to profit, 3 yearsPublished threshold 0.7 times	–	–	−0.05	0.10	0.36	1.41
Receivables growth less revenue growthOur threshold 0 percentage points	–	−37.87	104.57	17.57	27.92	1.15
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	–	–	−856.71	−18.69	97.88	−87.76
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	–	20.19	68.23	−37.33	15.44	−19.85
Assets under construction, years of additionsOur threshold 2 years of additions	–	–	0.00	0.00	0.02	0.33
Effective tax ratePublished threshold 17.16 per cent	26.83	26.22	27.49	27.46	24.01	–
Tax charged less tax paid, % of profitOur threshold 10 percentage points	–	−3.00	−5.03	−9.55	−18.84	–

A threshold marked as ours has no published figure; it is the line we read the check against.