Easemytrip was listed on the NSE/BSE on March 19, 2021. In this article, we will explore Easemytrip’s growth potential and the Easemytrip share price target 2025 to 2050.
About Easemytrip
EaseMyTrip is one of the top travel booking platforms of India. It was founded in 2008 by Nishant Pitti and Rikant Pitti. It allows customers to book flights, hotels, vacation packages, buses, and trains online. EaseMyTrip is well-known for providing excellent deals and charging no convenience fees, making it popular among travellers.
Easemytrip Business Model
- The Zero Convenience Fee Model: Easemytrip does not charge additional fees for ticket bookings. This drives more customers to their platform.
- Commission from airlines: Airlines pay Easemytrip a commission for selling their airline tickets. This is an important part of income.
- Fees for additional services: They charge additional fees for services such as seat selection, meal booking, and baggage upgrades.
- Hotel and vacation package bookings: Easemytrip makes money by charging commissions for hotel reservations and vacation packages.
- Bus, train, and taxi bookings: They receive a commission from bus operators, railways, and taxi companies for each ticket booked.
- Travel Insurance Sales: Easemytrip works with insurance companies and receives a commission when customers purchase travel insurance.
- Advertising Revenue: Companies pay Easemytrip to display advertisements on their website and mobile app.
- B2B (Corporate Travel Bookings): They provide business travel solutions and generate revenue from corporate clients.
- Premium Customer Service: Customers who prefer priority service can get premium support and services for an additional fee.
- International bookings: Easemytrip makes money from international flight and hotel bookings, where margins are typically higher.
Easemytrip Fundamental Analysis
| Stock Name | Easy Trip Planners Ltd. |
|---|---|
| NSE Symbol | EASEMYTRIP |
| Market Cap | ₹ 4193 Crore |
| 52W High | ₹ 23.2 |
| 52W Low | ₹ 10.7 |
| Stock P/E | 28.8 |
| Book Value | ₹ 1.88 |
| Dividend Yield | 0.42 % |
| ROCE | 40.1 % |
| ROE | 29.3 % |
| Face Value | ₹ 1.00 |
| Industry PE | 58.8 |
| Price to book value | 6.48 |
| Debt to equity | 0.06 |
| PEG Ratio | – |
| Quick ratio | 2.66 |
| Shareholders | March 2024 | March 2025 | April 2025 |
|---|---|---|---|
| Promoters | 64.30% | 48.97% | 47.30% |
| FIIs | 2.78% | 3.74% | 3.51% |
| DIIs | 2.45% | 2.90% | 2.77% |
| Public | 30.46% | 44.37% | 46.42% |
| No. of Shareholders | 7,47,766 | 10,99,224 | 10,94,892 |
Key Factors Driving Easemytrip’s Future Growth
- Strong Market Demand: More people are traveling, and Easemytrip benefits from this growing demand for flights, hotels, and holiday packages.
- Low-Cost Business Model: Easemytrip does not charge convenience fees, making it a cheaper option for travelers compared to competitors. This attracts more customers.
- Expanding Customer Base: Easemytrip is getting more customers, including budget travelers and frequent flyers, due to its competitive pricing and better service.
- Growing Online Travel Industry: More people are booking trips online, and Easemytrip, being a digital travel platform, is well-positioned to gain from this trend.
- Strong Brand Trust: Easemytrip has built a strong reputation among customers for offering transparent pricing and good service, leading to repeat bookings.
- International expansion: Easemytrip is entering new global markets, allowing it to serve more travellers beyond India and increase its revenue.
- Strategic Partnerships: Easemytrip is forming alliances with airlines, hotels, and payment platforms to improve its offerings and attract new customers.
- Rise in Business Travel: As businesses grow, so does the demand for corporate travel, which Easemytrip may profit from by providing tailored services.
- Growth in Tier 2 and Tier 3 Cities: More people from smaller cities are travelling, and Easemytrip is focusing on this trend by providing affordable travel options.
- Technology and Innovation: Easemytrip is improving its website and app to make bookings faster and easier, in turn increasing customer satisfaction.
- Loyalty Programs and Discounts: Easemytrip offers discounts, cashback, and loyalty programs to encourage repeat bookings.
- Rising Demand for Holiday Packages: Easemytrip provides customised holiday packages, which are growing in appeal among travellers seeking convenience.
- Increased Marketing and Advertising: Easemytrip is increasing its marketing and advertising efforts by investing in digital marketing, social media, and influencer partnerships to attract new users.
Pros of Easemytrip
- Consistent Revenue Growth: Easemytrip sales have grown at a CAGR of 62% over the last three years.
- Consistent Profit Growth: Easemytrip profits have grown at a CAGR of 33% over the last three years.
- High Return on Capital Employed (ROCE): Easemytrip 5yrs average ROCE is 53.9% which shows that it is utilizing its capital effectively to generate profits.
- Low PE Ratio Compared to Peers: Easemytrip’s PE ratio is 28.8, which is lower than the industry average of 58.4, making it relatively undervalued and potentially a good investment opportunity.
- Debt Free Company: Easemytrip is almost a debt-free company with a debt-to-equity ratio of 0.06, which shows its financial stability.
- Increase in FIIs Holding: Foreign Institutional Investors (FIIs) have increased their holding to 3.74% in March 2025 from 2.58% in December 2024, which indicates growing confidence in Easemytrip’s future potential by the FIIs.
Cons of Easemytrip
- High Price to Book Value: Easemytrip’s stock is trading at a Price-to-Book Value (P/B) ratio of 6.47, which indicates that its stock is significantly overvalued compared to its book value.
- Decrease in DIIs Holding: Domestic Institutional Investors (DIIs) have reduced their holding to 2.90% in March 2025 from 3.00% in December 2024, indicating a decline in DIIs’ confidence in the company’s future growth prospects.
Easemytrip Ltd Balance Sheet
| Particulars | March 2023 | March 2024 | Sept 2024 |
|---|---|---|---|
| Equity Capital | 174 | 177 | 177 |
| Reserves | 196 | 427 | 488 |
| Borrowings | 87 | 19 | 38 |
| Other Liabilities | 240 | 261 | 381 |
| Total Liabilities | 697 | 885 | 1,084 |
| Fixed Assets | 37 | 131 | 145 |
| CWIP | 0 | 0 | 3 |
| Investments | 0 | 40 | 50 |
| Other Assets | 660 | 715 | 887 |
| Total Assets | 697 | 885 | 1,084 |
By the end of 2025, the Easemytrip share price is expected to be around ₹16 in normal conditions. In a bear market, it might be ₹15, and in a bull market, it may go up to ₹20.
| Easemytrip Share Price Target 2025 | Rupees (₹) |
|---|---|
| 1st Target | 15 |
| 2nd Target | 16 |
| 3rd Target | 20 |
In 2026, the Easemytrip share price is expected to be around ₹20 in a normal situation. In a bear market, it might be ₹18, and in a bull market, it may cross ₹25.
| Easemytrip Share Price Target 2026 | Rupees (₹) |
|---|---|
| 1st Target | 18 |
| 2nd Target | 20 |
| 3rd Target | 25 |
According to our analysis, the Easemytrip share price is expected to be around ₹22 in 2027. In a bear market, it might be ₹20, and in a bull market, it may cross ₹30.
| Easemytrip Share Price Target 2027 | Rupees (₹) |
|---|---|
| 1st Target | 20 |
| 2nd Target | 22 |
| 3rd Target | 30 |
According to our analysis, the Easemytrip share price may trade near ₹30 by 2028; bearish conditions could pull it down to ₹25, while a strong bull run might lift it to ₹40.
| Easemytrip Share Price Target 2028 | Rupees (₹) |
|---|---|
| 1st Target | 25 |
| 2nd Target | 30 |
| 3rd Target | 40 |
In a normal situation, the Easemytrip share price is projected to be approximately ₹35 in 2029. In a bear market, the value may be as low as ₹30, while in a bull market, it may rise to ₹50.
| Easemytrip Share Price Target 2029 | Rupees (₹) |
|---|---|
| 1st Target | 30 |
| 2nd Target | 35 |
| 3rd Target | 50 |
In a normal situation, the Easemytrip share price is projected to be approximately ₹45 in 2030. In a bear market, the value may be as low as ₹40, while in a bull market, it may rise to ₹70.
| Easemytrip Share Price Target 2030 | Rupees (₹) |
|---|---|
| 1st Target | 40 |
| 2nd Target | 45 |
| 3rd Target | 70 |
By 2035, the Easemytrip share price is projected to be around ₹120 under normal conditions. In adverse markets, the price could fall to ₹80, while favorable conditions might push it up to ₹210.
| Easemytrip Share Price Target 2035 | Rupees (₹) |
|---|---|
| 1st Target | 80 |
| 2nd Target | 120 |
| 3rd Target | 210 |
Under normal conditions, the Easemytrip share price might hit ₹300 by 2040. A bearish trend could lower it to ₹160, whereas a bullish surge could raise it to ₹630.
| Easemytrip Share Price Target 2040 | Rupees (₹) |
|---|---|
| 1st Target | 160 |
| 2nd Target | 300 |
| 3rd Target | 630 |
In 2050, the Easemytrip share price is expected to be around ₹1500 in a normal situation. In a bear market, it might be ₹640, and in a bull market, it may go up to ₹3780.
| Easemytrip Share Price Target 2050 | Rupees (₹) |
|---|---|
| 1st Target | 640 |
| 2nd Target | 1500 |
| 3rd Target | 3780 |
| Years | Target Price |
|---|---|
| Easemytrip Share Price Target 2025 | ₹15 to ₹20 |
| Easemytrip Share Price Target 2026 | ₹18 to ₹25 |
| Easemytrip Share Price Target 2027 | ₹20 to ₹30 |
| Easemytrip Share Price Target 2028 | ₹25 to ₹40 |
| Easemytrip Share Price Target 2029 | ₹30 to ₹50 |
| Easemytrip Share Price Target 2030 | ₹40 to ₹70 |
| Easemytrip Share Price Target 2035 | ₹80 to ₹210 |
| Easemytrip Share Price Target 2040 | ₹160 to ₹630 |
| Easemytrip Share Price Target 2050 | ₹640to ₹3780 |
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
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