Easy Trip Planners Ltd (NSE: EASEMYTRIP) is one of India’s leading online travel agencies, providing a comprehensive range of travel services such as air tickets, hotel bookings, and holiday packages. Launched in 2008, Easy Trip has built a strong brand by leveraging technology and a customer-centric approach to grow rapidly in the travel and tourism sector. With expanding international operations and a consistently profitable track record, Easy Trip is a key player to watch in the online travel industry.
Discover Easy Trip Planners Ltd’s share price targets for 2024, 2025, 2030, 2040, and 2050. Learn about the company’s financial performance, future plans, and market growth in this detailed analysis.
Founded in 2008, Easy Trip Planners Ltd (also known as EaseMyTrip) started as a bootstrapped business and has evolved into a significant player in the Indian online travel market. The company’s offerings include air tickets, hotels, and holiday packages. With a robust technological infrastructure and de-risked business model, it serves over 14 million customers and is listed on both the BSE and NSE.
The 2022-23 Annual Report highlights Easy Trip’s strong financial performance:
Gross Booking Revenue: ₹80,506 million
EBITDA: ₹1,912 million
Profit After Tax (PAT): ₹1,341 million
Market Capitalization: ₹75,669 million【source】.
The company has expanded into international markets, including New Zealand, Thailand, and the UAE, while maintaining a strong domestic presence in India. It also continues to focus on non-air segments such as hotels and holidays.
Summary: Easy Trip’s stock price in 2024 is expected to range between ₹60 and ₹65. This growth will be driven by the company’s continued market penetration and recovery in global travel demand.
Easy Trip Share Price Target 2025
Price Prediction Summary (2025):
Minimum Price Target: ₹70
Maximum Price Target: ₹80
Table: 2025 Price Prediction
Year
Minimum Price (₹)
Maximum Price (₹)
2025
₹70
₹80
Summary: By 2025, with a growing international presence and expansion into new segments, Easy Trip’s share price is projected to rise between ₹70 and ₹80.
Easy Trip Share Price Target 2030
Price Prediction Summary (2030):
Minimum Price Target: ₹150
Maximum Price Target: ₹180
Table: 2030 Price Prediction
Year
Minimum Price (₹)
Maximum Price (₹)
2030
₹150
₹180
Summary: In 2030, driven by advancements in the travel tech space and a consistent rise in global travel demand, Easy Trip’s stock could range from ₹150 to ₹180.
Easy Trip Share Price Target 2040
Price Prediction Summary (2040):
Minimum Price Target: ₹500
Maximum Price Target: ₹700
Table: 2040 Price Prediction
Year
Minimum Price (₹)
Maximum Price (₹)
2040
₹500
₹700
Summary: By 2040, Easy Trip is expected to solidify its position as a global leader in the online travel industry, pushing its stock price between ₹500 and ₹700.
Easy Trip Share Price Target 2050
Price Prediction Summary (2050):
Minimum Price Target: ₹1,200
Maximum Price Target: ₹1,500
Table: 2050 Price Prediction
Year
Minimum Price (₹)
Maximum Price (₹)
2050
₹1,200
₹1,500
Summary: By 2050, advancements in travel technology and Easy Trip’s global expansion could see the stock rise to between ₹1,200 and ₹1,500.
Easy Trip Planners Ltd Yearly Price Prediction Table for 2024 to 2050
Year
Minimum Price (₹)
Maximum Price (₹)
2024
₹60
₹65
2025
₹70
₹80
2030
₹150
₹180
2040
₹500
₹700
2050
₹1,200
₹1,500
Summary:
2024: The stock price is expected to range between ₹60 and ₹65 due to continued market expansion and global travel recovery.
2025: Projected growth in new markets and segments could push the share price to ₹70-₹80.
2030: With innovations in travel tech and expanding global presence, the stock could rise to ₹150-₹180.
2040: By 2040, Easy Trip’s stock price may climb to ₹500-₹700, driven by its leadership in the travel industry.
2050: As a dominant player in travel technology, Easy Trip could see its stock price reach ₹1,200-₹1,500 by 2050.
Competitors
MakeMyTrip: A leading online travel agency in India, offering flight bookings, hotels, and holiday packages.
Cleartrip: Another major player in India’s online travel market, providing seamless travel booking services.
Yatra.com: Specializes in flight, hotel, and holiday bookings with a strong focus on corporate travel.
Thomas Cook India: Known for holiday packages and forex services in addition to travel bookings.
IRCTC: The Indian Railway Catering and Tourism Corporation offers comprehensive travel solutions, including train bookings and tour packages.
Risk Factors
Economic Cyclicality: The travel and tourism industry is highly sensitive to economic downturns, which could impact Easy Trip’s profitability.
Intense Competition: The company faces stiff competition from both domestic and international online travel agencies.
Technological Disruption: Fast-paced changes in travel tech could pose a challenge if the company fails to innovate quickly.
Regulatory Challenges: Changes in regulations, including travel restrictions and data privacy laws, could impact operations.
Future Plans
Global Expansion: Easy Trip is planning further international expansion, with a focus on the Middle East and Southeast Asia.
Innovative Services: The company plans to launch new offerings, such as personalized travel experiences and advanced AI-powered booking tools.
Sustainability Initiatives: Easy Trip aims to incorporate eco-friendly travel solutions into its offerings, aligning with the global trend toward sustainable tourism.
Profit and Loss Summary
Year
Total Revenue (₹ in Million)
Net Profit (₹ in Million)
2023
₹80,506
₹1,341
Summary: In FY 2022-23, Easy Trip achieved total revenues of ₹80,506 million and a net profit of ₹1,341 million, underscoring its strong financial performance【17†source】.
Annual Report Summary
Revenue Growth: 116.7% YoY growth in gross booking revenue.
Profitability: Consistent growth in profit margins, driven by efficient operations.
Strategic Investments: Focus on expanding into non-air segments and international markets.
Pros and Cons
Pros:
Consistently profitable since inception.
Expanding international presence.
Strong technological infrastructure.
Cons:
Highly competitive market.
Vulnerable to economic fluctuations.
Regulatory challenges in different regions.
Conclusion
Easy Trip Planners Ltd is a strong player in the travel tech industry, with a solid financial foundation and ambitious growth plans. As the company expands globally and continues to innovate, its stock price is expected to show significant growth over the coming decades. However, investors should also be aware of the risks associated with economic downturns and intense competition in the online travel market.
FAQs
What is the primary business of Easy Trip Planners Ltd?
Easy Trip specializes in providing online travel services, including flight bookings, hotel reservations, and holiday packages.
What is the share price target for 2024?
The share price for 2024 is expected to range between ₹60 and ₹65.
Who are Easy Trip’s main competitors?
Competitors include MakeMyTrip, Cleartrip, Yatra.com, Thomas Cook India, and IRCTC.
What are Easy Trip’s long-term growth plans?
Easy Trip plans to expand its international operations and offer more personalized travel solutions.
What risks does Easy Trip face?
The main risks include economic downturns, competition, and regulatory challenges.
How has Easy Trip performed financially in recent years?
In FY 2022-23, the company reported gross booking revenues of ₹80,506 million and a net profit of ₹1,341 million.
Is Easy Trip a good stock to buy for long-term investors?
With its consistent profitability and expansion plans, Easy Trip could be a good option for long-term investors, but potential risks should also be considered.
Disclaimer: This is just an estimate that the share target of Easy Trip can be this much. If you want to invest then talk to an advisor and then invest. News.Homedecore24.com will not take any responsibility if your money is lost. Please invest money at your own risk.
