Is Easy Trip Planners a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Easy Trip Planners Ltd is a good quality company .

Is Easy Trip Planners undervalued or overvalued?

The key valuation ratios of Easy Trip Planners Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Easy Trip Planners share price return in the past 10 years?

Data is not available for this company

Is Easy Trip Planners a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Easy Trip Planners Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Easy Trip Planners Ltd - Stock Valuation and Financial Performance

Name: Easy Trip Planners
Brand: Easy Trip Planners

BSE: 543272 | NSE: EASEMYTRIP | Travel Services | Small Cap

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Easy Trip Planners Share Price

₹46.44 -0.53 -1.13%
as on 25-Apr'24 16:01

10 Year X-Ray of Easy Trip Planners:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	36.1%	15.9%	60.1%	47.7%	49.5%	48.9%	41.1%	-
Value Creation Index ⓘ	1.7	0.2	3.5	2.4	2.5	2.6	2.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	103	100	101	141	138	233	430	463
Sales YoY Gr.	-	-2.7%	1%	39.4%	-1.8%	68.1%	84.6%	-
Adj EPS ⓘ	0.1	0	0.2	0.2	0.4	0.6	0.9	0.9
YoY Gr.	-	-100%	NA	18.8%	89.5%	72.2%	37.1%	-
BVPS (₹) ⓘ	0.3	0	0.4	0.6	1	1.4	2.2	3.8
Adj Net Profit ⓘ	18.3	5.7	27.6	33.4	62.3	107	147	167
Cash Flow from Ops. ⓘ	-12.5	12.8	70.2	47.8	84.4	8.6	-93.5	-
Debt/CF from Ops. ⓘ	-0.8	0	0	0	0	4.6	-0.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	33.8%	45%	84.6%
Adj EPS ⓘ	NA	NA	64.8%	37.1%
BVPSⓘ	NA	NA	55.8%	61.6%
Share Price	-	-	58.8%	0.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	41.9	13.1	49.3	39.2	46.5	52.9	46.9	31.4
Op. Profit Mgn % ⓘ	27.2	-0.8	0.5	14.1	56.8	57.3	43.3	46.2
Net Profit Mgn % ⓘ	17.8	5.7	27.3	23.7	45	46	34.2	36
Debt to Equity ⓘ	0.2	0	0	0	0	0.2	0.2	-
Working Cap Days ⓘ	0	319	270	189	251	206	249	282
Cash Conv. Cycle ⓘ	0	32	-33	-64	-143	-119	-39	160

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 45.00%

Net Profit is growing at healthy rate in last 3 years 64.77%

Sales growth is good in last 4 quarters at 31.22%

Return on Equity has declined versus last 3 years average to 31.40%

Latest Financials - Easy Trip Planners Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.9	0.9
TTM Sales (₹ Cr.)	463	543
BVPS (₹.) ⓘ	3.8	3.6
Reserves (₹ Cr.) ⓘ	488	461
P/BV ⓘ	12.37	12.90
PE ⓘ	49.40	54.86

From the Market
52 Week Low / High (₹)	37.01 / 54.00
All Time Low / High (₹)	9.22 / 73.50
Market Cap (₹ Cr.)	8,229
Equity (₹ Cr.)	177.2
Face Value (₹)	1
Industry PE ⓘ	72.3

Management X-Ray of Easy Trip Planners:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Easy Trip Planners

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Easy Trip Planners

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	103	100	101	141	138	233	430
Operating Expenses ⓘ	76	102	106	128	62	100	246
Manufacturing Costs	1	1	4	7	3	6	18
Material Costs	0	0	0	0	0	0	0
Employee Cost	11	16	22	30	21	23	41
Other Costs ⓘ	63	85	81	91	39	71	187
Operating Profit ⓘ	27	-2	-5	13	76	133	184
Operating Profit Margin (%)	26.2%	-2.3%	-5.1%	8.9%	54.9%	57.0%	42.7%
Other Income ⓘ	2	15	50	39	12	15	17
Interest ⓘ	1	2	3	3	3	2	2
Depreciation ⓘ	0	0	0	1	1	1	1
Exceptional Items ⓘ	0	0	0	0	0	0	0
Profit Before Tax ⓘ	28	11	41	48	85	145	197
Tax ⓘ	10	4	12	13	22	38	50
Profit After Tax	18	7	29	35	62	107	147
PAT Margin (%)	17.8%	6.6%	29.0%	24.6%	45.0%	46.0%	34.2%
Adjusted EPS (₹)	0.1	0.0	0.2	0.2	0.4	0.6	0.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	35%	20%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	44	44	68	103	165	240	387
Share Capital ⓘ	0	7	22	22	22	43	174
Reserves ⓘ	44	37	46	81	144	196	213
Minority Interest	0	0	0	0	0	0	0
Debt	10	0	0	0	0	40	65
Long Term Debt	0	0	0	0	0	0	0
Short Term Debt	10	0	0	0	0	40	65
Trade Payables	10	16	28	25	24	32	60
Others Liabilities ⓘ	83	116	144	152	188	156	157
Total Liabilities ⓘ	147	176	240	279	378	468	669
Fixed Assets
Gross Block	7	6	8	9	9	10	12
Accumulated Depreciation	0	0	0	1	1	1	3
Net Fixed Assetsⓘ	6	6	7	8	8	8	10
CWIP ⓘ	0	0	0	0	0	0	0
Investmentsⓘ	32	30	0	2	3	21	25
Inventories	0	3	0	0	0	0	0
Trade Receivables	38	43	42	58	29	51	163
Cash Equivalents	4	9	86	131	228	123	37
Others Assetsⓘ	67	84	105	80	109	264	435
Total Assets ⓘ	147	176	240	279	378	468	669

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-13	13	70	48	84	9	-93
PBT ⓘ	28	11	38	48	85	145	197
Adjustment ⓘ	13	24	-31	-26	-37	-9	-7
Changes in Working Capital ⓘ	-48	-15	75	32	61	-86	-224
Tax Paid ⓘ	-6	-7	-11	-6	-24	-42	-60
Cash Flow From Investing Activity ⓘ	3	5	-42	-69	-23	-61	61
Capex	0	0	-1	-1	-1	-2	-2
Net Investments	2	0	-46	-74	-35	-65	73
Others ⓘ	0	5	5	7	12	6	-10
Cash Flow From Financing Activityⓘ	10	-12	-2	0	0	-34	-2
Net Proceeds from Shares ⓘ	7	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0
Interest Paid ⓘ	0	-2	-2	0	0	-1	-2
Dividend Paid ⓘ	0	0	0	0	0	-33	0
Others ⓘ	3	-10	0	0	0	0	0
Net Cash Flow ⓘ	0	5	26	-21	61	-86	-35

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	42.14	15.12	52.44	40.61	46.47	52.92	46.86
ROCE (%)	53.21	24.61	79.27	59.32	67.41	66.18	55.22
Asset Turnover Ratio	0.7	0.76	0.84	1.02	0.6	0.94	1.17
PAT to CFO Conversion(x)	-0.72	1.86	2.41	1.37	1.35	0.08	-0.63
Working Capital Days
Receivable Days	132	120	88	69	81	37	59
Inventory Days	1	5	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0

Easy Trip Planners Ltd Stock News

Easy Trip Planners Ltd FAQs

What is the share price of Easy Trip Planners?

Company share prices are keep on changing according to the market conditions. The closing price of Easy Trip Planners on 25-Apr-2024 16:01 is ₹46.44.

What is the market cap of Easy Trip Planners?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2024 16:01 the market cap of Easy Trip Planners stood at ₹8,229.4.

What is the P/E ratio of Easy Trip Planners?

The latest P/E ratio of Easy Trip Planners as of 25-Apr-2024 16:01 is 49.40.

What is the P/B ratio of Easy Trip Planners?

The latest P/B ratio of Easy Trip Planners as of 25-Apr-2024 16:01 is 12.37.

What is the 52-week high and low of Easy Trip Planners?

The 52-week high of Easy Trip Planners is ₹54.00 and the 52-week low is ₹37.01.

What is the TTM revenue of Easy Trip Planners?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Easy Trip Planners is ₹463.0 ( Cr.) .

About Easy Trip Planners Ltd

Easy Trip Planners Limited offers a comprehensive range of travel-related products and services for end-to-end travel solutions, including airline tickets, hotels and holiday packages, rail tickets, bus tickets and taxis as well as ancillary value-added services such as travel insurance, visa processing and tickets for activities and attractions. The company has been providing customers with the option of no-convenience fee, such that customers are not required to pay any service fee in instances where there are no alternate discount or promotion coupon being availed. In its pricing model, it has endeavored to avoid hidden costs, which result in increasing the final price payable by the customer.

The company commenced operations in 2008 by focusing on the B2B2C (business to business to customer) distribution channel and providing travel agents access to its website to book domestic travel airline tickets in order to cater to the offline travel market in India. Subsequently, by leveraging its B2B2C channel, it commenced operations in the B2C (business to customer) distribution channel in 2011 by primarily focusing on the growing Indian middle class population’s travel requirements. Consequently, due to its presence in the B2B2C and B2C channels, it was able to commence operations in the B2E (business to enterprise) distribution channel in 2013 with the aim of providing end-to-end travel solutions to corporates. Its presence in three distinct distribution channels provides it with a diversified customer base and wide distribution network.

Business area of the company

Easy Trip Planners is the second largest online travel agency in India in terms of gross revenue. The online travel agency offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services i.e. travel insurance, visa processing, etc.

Awards and Recognition

2016:

Received the ‘Best Destination Management Company in Thailand’ from FMW at the Asean Thai-India Business Leadership Awards, 2016.
Received the ‘Top Contributors Awards, 2015-16’ and a certificate of excellence from Spicejet in recognition of our Company’s contribution and support.
Received an award from GoAir airlines in recognition of the contribution of our Company towards their annual business.

2017:

Received the awards for ‘Most Outstanding Online Company – 2016’ and ‘TnH face of the Year’ by the Travel and Hospitality magazine at the Travel & Tourism Awards, 2017.
Received a certificate of appreciation from Aeroflot – Russian Airlines in recognition of the company’s contribution and ‘outstanding passenger sales productivity’ during the year 2017.
Received a certificate of recognition from Spicejet for the company’s ‘outstanding performance and continuous support’.
Received a certificate in recognition of the company’s contribution in the year 2016-17 and the ‘Top Contributor 2017’ award from Indigo.

2018:

Received the ‘World’s Greatest Brands 2017-18 - Asia & GCC’ award from URS Asia One under the ‘Services’ industry and ‘Travel’ category at the India-UAE Business & Social Forum 2018.
Received the award for ‘Best Online Travel Company’ at the Global Star Awards, 2018.
Received a certificate of appreciation from Air Arabia for outstanding performance in the year 2018.
Received a plaque of appreciation from Turkish Airlines.

2019:

Received a certificate for ‘Best Sales Performance 2018-19’ from Ukraine International Airlines.
Received the award for ‘Best Online Travel Portal’ at the Asia Leadership Awards.
Received a certificate of excellence for the ‘Most Trusted Brand in Travel Technology’ at the Global Iconic Awards.
Received the ‘Vistara Gold Partner Award’ for 2018-19.
Received the award for ‘Most Trusted Travel Planner’ at the Ravishing Wedding Summit & Awards, 2019.
Received the ‘Customer Centric Business Award’ from Business Television India.

2020

Adjudged the ‘Best Online Travel Booking Site’ at the SATTE Awards, 2020.
Received a certificate of ‘Tech companies to watch out for’ by Business World.
The company won the ‘World Business Leader’ award at The Bizz Awards.
The company won the ‘Best Online Travel Booking Site’ at the SATTE Awards.
The company won the ‘Best Dealers Meet’ at the 3rd edition of BW Applause Experiential Marketing Summit & Awards.

Accreditations:

2010: Received the certificate of accreditation from IATA certifying that the company had met the professional standards of the IATA to promote and sell international air passenger transportation.
2016: Received ISO 9001:2015 certification by P.C. Management System Private Limited in respect of providing B2B and B2C ticketing platform for airlines and hotels across travel agents and online consumers.
2018: Became an ALLIED member of the IATO.
2019: Received ISO/IEC 27001:2013 certification by Information Security Management System in respect of online travel ticketing including all business functions and processes associated with information assets.

Major events and milestones:

2008: The company began its operations as a B2B portal.
2009: The company achieved profitability.
2011: The company launched its B2C business with respect to its flight booking service.
2012: The company launched international flight booking service.
2013: The company launched its hotels and holidays packages business.
2013: The company launched its B2E business with respect to its flight booking service.
2014-15: The company achieved Gross Booking Revenue mark of $150 million.
2015: The company launched the EasyMyTrip mobile application.
2018: The company launched its railway ticket booking service.
2018: The company became an ALLIED member of the IATO.
2019: The company incorporated EaseMyTrip UK as a wholly owned Subsidiary and acquired its wholly owned Subsidiaries, namely Singapore Arrivals Pte. Ltd. and Easemytrip Middleeast DMCC.
2019: The company’s Gross Booking Revenues for Fiscal 2019 were Rs 29,377.75 million.