Easy Trip Planners Ltd (NSE: EASEMYTRIP): The share of the hotel business company EaseMyTrip has experienced a correction of 4.60%.
In the announcement to stock exchanges on February 11th, the company announced that it had received permission from the board to construct the 5-star Hotel in Ayodhya.
The Company Is Expected To Invest Rs 100 Crore
The company has informed the stock exchange that its board meeting took place on the 11th of February, 2024.
At the meeting, approval was granted to establish a five-star hotel in Ayodhya. The hotel owned by the company will open just 1 kilometer away from the Shri Ram Janmabhoomi.
It has received approval by the board. A capital investment of 100 crore has been made from the firm.
The 52-week high of the company is around Rs 54.
20% Return Within 6 Months
In the past six months, the share prices of the company have increased by around 20 percent. The 52 week low of this company share is around Rs 37.
The market capitalization of the company is around Rs 8639 Cr.
About Easy Trip Planners Ltd
Easy Trip Planners Pvt Ltd was established in 2008. It offers reservations and booking services relating to tourism and travel via Ease My Trip Portal, Ease My Trip App, or through an in-house call center.
It offers cheap flights hotels, bus tickets, hotel reservations as well as holiday packages. Customers are offered the option of no convenience cost.
Its headquarters are located in Delhi, India.
Fundamental Analysis of Easy Trip Planners Ltd
| Market Cap | ₹ 8,639 Cr. |
| Current Price | ₹ 48.85 |
| 52-wk High | ₹ 54 |
| 52-wk Low | ₹ 37 |
| Stock P/E | 57.79 |
| Book Value | ₹ 3.46 |
| Dividend | 0.19 % |
| ROCE | 54.6 % |
| ROE | 46.9 % |
| Face Value | ₹ 1.00 |
| P/B Value | 14.6 |
| OPM | 46.2 % |
| EPS | ₹ 0.95 |
| Debt | ₹ 116 Cr. |
| Debt to Equity | 0.19 |
Easy Trip Planners Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 65 | ₹ 100 |
| 2025 | ₹ 120 | ₹ 162 |
| 2026 | ₹ 175 | ₹ 260 |
| 2027 | ₹ 290 | ₹ 324 |
| 2028 | ₹ 380 | ₹ 460 |
| 2029 | ₹ 500 | ₹ 590 |
| 2030 | ₹ 600 | ₹ 640 |
Easy Trip Planners Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 74.90% |
| Mar 2023 | 74.90% |
| June 2023 | 71.30% |
| Sept 2023 | 65.54% |
| Dec 2023 | 64.30% |
| FII Holding | |
| Dec 2022 | 2.31% |
| Mar 2023 | 2.06% |
| June 2023 | 2.54% |
| Sept 2023 | 2.30% |
| Dec 2023 | 2.18% |
| DII Holding | |
| Dec 2022 | 2.82% |
| Mar 2023 | 2.98% |
| June 2023 | 2.50% |
| Sept 2023 | 2.42% |
| Dec 2023 | 2.35% |
| Public Holding | |
| Dec 2022 | 19.97% |
| Mar 2023 | 20.06% |
| June 2023 | 23.66% |
| Sept 2023 | 29.74% |
| Dec 2023 | 31.16% |
Easy Trip Planners Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 101 Cr |
| 2020 | ₹ 141 Cr |
| 2021 | ₹ 138 Cr |
| 2022 | ₹ 233 Cr |
| 2023 | ₹ 463 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 24 Cr |
| 2020 | ₹ 35 Cr |
| 2021 | ₹ 62 Cr |
| 2022 | ₹ 107 Cr |
| 2023 | ₹ 167 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0.17 |
| 2023 | 0.17 |
Last 10 Years’ Profit Growth:
| 10 Years: | 52% |
| 5 Years: | 103% |
| 3 Years: | 64% |
| Current Year: | 25% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 45% |
| 5 Years: | 47% |
| 3 Years: | 49% |
| Last Year: | 47% |
Sales Growth Over 10 Years:
| 10 Years: | -3% |
| 5 Years: | 34% |
| 3 Years: | 45% |
| Current Year: | 23% |
Conclusion
This article is a complete guide about Easy Trip Planners Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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