
Easy Trip Planners Ltd Q2 FY24 Earnings Call Analysis
Revenue, margin, capex, fundraise and order book outlook from management commentary.
Management growth scorecard
Revenue
Category 2
Margin
Category 3
Fundraise
N/A
Order
N/A
Capex
N/A
0 of 2 growth signals are positive — mixed outlook.
Full analysisRevenue guidance
Category 2- Gross Booking Revenue (GBR) for FY2024 is expected to grow by around 20-25%, as indicated by management for a realistic outlook.
- The company focuses on profitability over aggressive GBR growth this year, aiming for a Profit Before Tax (PBT) target of INR 250 crores.
- H1 FY2024 GBR grew 20% YoY, and adjusted revenue grew robustly by 35.5% for the same period.
- Flight bookings grew 20% YoY, hotel bookings surged 90% YoY, and other segments (train, buses) increased by 66.8%.
- Hotel business, a more profitable segment, is a key growth focus and expected to continue expanding its share.
- Marketing and sales expenses are being optimized (0.7%-1% of GBR), supporting sustainable revenue growth while maintaining profitability.
- The company remains cautious but optimistic about sustaining growth in GBR alongside profitability improvements.
See what Easy Trip Planners Ltd management said on margin guidance — free account, 30 seconds.
Fundraise plans
See what Easy Trip Planners Ltd management said on order book — free account, 30 seconds.
Capex plans
- The company executed strategic acquisitions during H1 FY2024, including Guideline Travels Holidays, TripShope Travel, and Dook Travels, aimed at expanding market reach and leveraging expertise in travel sectors.
- Collaborations with DuDigital Global Limited and BluSmart, along with the introduction of Corporate Travel 2.0, represent ongoing strategic investments to innovate sustainably and offer customer-focused travel solutions.
- Expansion of franchisee outlets launched in North India (Ludhiana, Jalandhar, Delhi, and Agra) reflects capital investment in enhancing offline customer services and boosting business sustainability.
- The GCC business has experienced growth, and the company is seeking a strategic partnership for its Middle East operations to jointly run and scale this business.
- These initiatives signify Easy Trip Planners Limited's commitment to capital and strategic investments aimed at sustainable growth and market expansion.
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How does Easy Trip Planners Ltd rank vs peers in Leisure Services?
Pro featureHow does Easy Trip Planners Ltd rank in Leisure Services?
Compare Easy Trip Planners Ltd against every Leisure Services company (Q2 FY24) on revenue, margins and earnings-call signals.
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What Easy Trip Planners Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
- Q3 FY23 earnings call →
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