Easy Trip Planners Ltd

Event / subject overview

• Founder and Chairman Nishant Pitti joins Stars Golf League Mauritius launch.
• Stars Golf League Mauritius schedules 25-28 March 2027 with 36 global icons.
• Prize purse set at USD 1.6 million, broadcast to over 130 countries.
• Event marks beginning of a ten-year vision to position Mauritius as a luxury destination.
• The launch took place at The Opening Swing on 22 August 2026.
• Nishant Pitti's participation underscores travel ecosystem convergence of sport, entertainment, hospitality.
• Stars Golf League Mauritius follows World Tennis League and World Padel League; ten-year ambition to make Mauritius permanent.
• Association with Mauritius to showcase island's hospitality and luxury tourism offering.

Product update: ReSave

• EaseMyTrip launches ReSave, a zero-cost post-booking fare-savings add-on.
• ReSave monitors booked itineraries for eligible price reductions and passes 100% of savings to customers.

Strategic context

• Integrated into the booking journey, it expands value beyond the initial transaction.
• Part of EaseMyTrip’s technology strategy and ongoing Agentic AI capabilities development.

Financial impact

• No financial metrics are disclosed in the release.

Business Overview

• Leading Indian online travel platform with a One Stop Travel Ecosystem.
• AI-led innovation and ONDC integration underpin non-air expansion.

Operational Highlights

• Dubai GBR in Q1FY27 rose 45.2% YoY to Rs 4,618.1 million.
• Q1FY27 hotel and holiday bookings grew 95% YoY.
• Acquired Spree Hotels and YoloBus to broaden non-air offerings.
• Launched Easy Green Mobility for EV buses; plan 2000+ EV buses by FY2028.
• ONDC integration expands MSME and OTA reach.
• EMTDesk and EMTMate introduced for corporate travel and agent enablement.

Financial Performance

• Q1FY27 GBR: Rs 23,709.6 million.
• Q1FY27 Revenue From Operation: Rs 1,347.1 million.
• Q1FY27 Adjusted Revenue: Rs 1,742.4 million.
• Q1FY27 PAT: Rs -116.9 million.
• FY26 Total Revenue: Rs 5,734.5 million.
• FY26 EBITDA: Rs 228.6 million; EBITDA margin 4.0%.
• FY26 PAT: Rs -476.0 million.
• FY26 Cash & Equivalents: Rs 802.2 million.
• FY26 Net cash from operating activities: Rs -951.0 million.

Capital Structure & Liquidity

• Borrowings declined to Rs 212.8 million in FY26 from Rs 254.7 million FY25.
• Total equity at FY26: Rs 8,149.2 million.
• Cash at end-FY26: Rs 802.2 million.
• Net cash from operating activities FY26: Rs -951.0 million.
• Current assets: Rs 5,916.4 million; current liabilities: Rs 2,748.1 million.

Strategic Priorities & Outlook

• Invest INR 200 crore over 2-3 years for R&D and manufacturing plant.
• Target 2000+ electric buses by FY2028 via YoloBus.
• Expand hotel and holiday segments through cross-selling and localization.
• Leverage ONDC to broaden MSME and OTA reach.
• Scale international offices and new product verticals per regional markets.

Risks & Mitigation

• Profitability remains challenged; PAT negative in Q1FY27; expansion to non-air segments aims to improve margins.

Governance & Leadership

• Board includes Nishant Pitti as Chairman & MD; Rikant Pitti as CEO; independent directors.
• EaseMyTrip Foundation established; MoU with Archaeological Survey of India under Adopt a Heritage.

Q1 FY27 performance highlights

• Q1 FY27 GBR: INR 2,371 Cr; Revenue from Operations: INR 134.7 Cr; YoY growth 14.8% and 18.4%.
• Dubai GBR rose 45.2% YoY to INR 461.8 Cr.
• Hotel room nights booked: 6.47 lakh in Q1 FY27; up 95.4% YoY.
• Daily average hotel nights booked: ~7,000.

Strategic AI initiatives

• Advancing Agentic AI: ReSave, EVA, and ChatGPT Marketplace integration.
• First Indian listed travel company to integrate with ChatGPT Marketplace.
• Aim: more intelligent, proactive, personalised travel experiences.

Partnerships and international expansion

• Partnership with Government of Jharkhand for digital tourism promotion.
• Expansion into Latin America via Brazil partnerships.
• Collaboration with NSDC and Sanatan AI; integration with ChatGPT Apps.
• Strengthening corporate and government travel offerings.

Vision 2030 and outlook

• Vision 2030 roadmap progress; focus on international expansion and AI-led innovation.

Financial results approved

• Unaudited standalone and consolidated quarterly results for quarter ended 30 June 2026 approved.
• Audit Committee reviewed and recommended the results.

Auditor review and disclosures

• Independent auditor's reviews concluded no material misstatement; no modification.
• GSA exclusive agency under UDAAN: recoverable from Operator INR 509.57 million.
• Provision recognized; deferred tax credit of INR 99.29 million.

Meeting Details

• Board meeting scheduled on August 14, 2026 at 05:00 P.M.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated results for quarter ended June 30, 2026, with Limited Review Report

Other Notes

• Trading window closed from July 1, 2026 until 48 hours after results declaration for Directors and KMP
• Info will be hosted on the company's investor relations site

MoU with Jharkhand Tourism Dept

• EaseMyTrip signs strategic MoU with Government of Jharkhand to promote tourism digitally.

Scope of collaboration

• Leverages EaseMyTrip reach, technology, and EasyDarshan to boost Jharkhand tourism visibility.

Marketing outputs

• Develop banners, videos, and destination content for OTMP formats.

Campaign cadence

• Annual and quarterly promotional calendars to ensure sustained visibility.

Event context

• MoU signed during Jharkhand Tourism Stakeholders' Summit in New Delhi.

Strategic impact

• Aims to strengthen destination visibility and drive domestic tourism growth.

Dematerialisation/rematerialisation status

• No dematerialisation/rematerialisation requests were received during Apr 01, 2026 to Jun 30, 2026.