Easy Trip Planners Share Price Falls to 52-Week Low As Q3 FY25 Net Profit Drops to ₹33.6 crore

Easy Trip Planners, an online travel service provider, reported a 26.3% year-on-year (YoY) drop in net profit for the third quarter of FY25, ending December 31, 2024. The company’s net profit for Q3 FY25 stood at ₹33.6 crore, down from ₹45.6 crore during the same period in FY24.

Along with the profit drop, revenue from operations declined by 6.5%, totalling ₹150.5 crores in Q3 FY25, compared to ₹160.9 crore in Q3 FY24.

EBITDA and Margin Contraction

The company also faced a dip at the operating level, with EBITDA (earnings before interest, tax, depreciation, and amortization) falling by 21.8% YoY to ₹47.7 crore in Q3 FY25, from ₹61 crore in Q3 FY24. The EBITDA margin reduced to 31.7% from 37.9% in the same quarter last fiscal, reflecting decreased profitability.

Performance for the 9 months

For the nine months ending December 31, 2024, Easy Trip Planners reported a total revenue of ₹447.8 crore. The EBITDA for the period was ₹143.9 crore, with a margin of 31%. Profit after tax for the first nine months was ₹92 crore, maintaining a healthy margin of 20%.

Strong Growth in Gross Booking Revenue 

Gross booking revenue for the nine months stood at ₹6,499 crore, supported by strong growth across key business segments. For Q3 FY25, the gross booking revenue reached ₹2,148.9 crore.

A major contributor to this performance was the company’s non-air business, which continued to drive growth during the quarter.

Hotel and Dubai Operations Performance

In Q3 FY25, Easy Trip Planners saw impressive growth in its hotel business. Total hotel night bookings stood at 2.5 lakh, marking a 172% YoY increase. Additionally, other bookings grew by 32%, reaching 3.6 lakh.

The company’s Dubai operations also saw significant growth, with gross booking revenue for the quarter soaring to ₹170.5 crore, a 227% increase from ₹52.2 crore in Q3 FY24.

Chairman’s Remarks on Growth Strategy

Nishant Pitti, Chairman of Easy Trip Planners, commented on the company’s performance: “The non-air business segments remained key growth drivers this quarter, reinforcing the effectiveness of our diversification strategy. The hotels segment delivered strong performance, with total hotel night bookings reaching 2.5 lakh, reflecting a 172% year-over-year increase.”

Stock Performance 

On February 17, 2025, Easy Trip Planners share price traded 3.43% lower at ₹11.53 at 10:14 AM (IST). Easy Trip Planners’s share price reached a 52-week high of ₹25.95 on February 27, 2024, and a 52-week low of ₹11.35 on February 17, 2025. As per BSE, the total traded volume for the stock stood at 16.97 lakh shares with a turnover of ₹1.97 crore.

At the current price, Easy Trip Planners shares are trading at a price-to-earnings (P/E) ratio of 48.04x, based on its trailing 12-month earnings per share (EPS) of ₹0.24, and a price-to-book (P/B) ratio of 5.79, according to exchange data.

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