Easy Trip Planners Ltd. · NSE:EASEMYTRIP
Easy Trip Planners — Q4 FY2024 Earnings Presentation
24 slides from Easy Trip Planners's earnings presentation, May 24, 2024
Slide 1: Exchange filing cover letter: Revised Investor Presentation
May 24, 2024 BSE Ltd. National Stock Exchange of India Limited (NSE). P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Bandra Fort Mumbai – 400001 East, Mumbai – 400051 Scrip Code: 543272 Symbol: EASEMYTRIP Subject: Revised Investor Presentation Dear Sir/Madam, Pursuant to Regulation
Slide 2: Q4 and FY2024 Investor Presentation
Q4 and FY2024 Investor Presentation May 2024
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Easy Trip Planners Limited (the “Company”) popularly known as “Ease My Trip”, have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation
Slide 4: Key Performance Metrics for Q4 and FY2024
Key Performance Metrics for Q4 and FY2024 Highest ever EBITDA in FY2024 of INR 2,281.9 Million Serving ~26Mn Happy Customers Gross Booking Revenue EBITDA Gross Booking Revenue EBITDA (GBR) (GBR) INR 20,900.0 Million INR 576.7 Million INR 85,126.1 Million IINR 2,281.9 Million (2.5)% Y-o-Y +23.7% Y-o-
Slide 5: Recent developments at EaseMyTrip
Recent developments at EaseMyTrip EaseMyTrip and PNB Launch Co-Branded Travel Credit Card EaseMyTrip has partnered with Punjab National Bank (PNB) to launch the PNB EMT Credit Card, aimed at mass to premium customer segments, offering a variety of rewards for Indian travelers, including a flat 10% d
Slide 6: One of the few new-age technology companies to deliver sustainable profits
One of the few new-age technology companies to deliver sustainable profits Particulars (INR in Mn) Q4FY24 Q4FY23 Q3FY24 FY2024 FY2023 Gross Booking Revenue (GBR) 20,900.0 21,428.0 20,260.7 85,126.1 80,505.6 Revenue/Income Amount % of GBR Amount % of GBR Amount % of GBR Amount % of GBR Amount % of GB
Slide 7: Higher Operational Efficiency
Higher Operational Efficiency Discounts Employee Cost Industry Industry EMT EMT Leader Leader 3% 4.4% 0.7% 0.7% (47)% 2.9% 3.2% 3.1% 1.9% 1.0% % of Gross Booking Revenue FY22 FY23 FY24 FY24 FY22 FY23 FY24 FY24 Advertisement and Promotion Other Expenses * Industry Industry EMT EMT Leader Leader 1.0%
Slide 8: Gross Booking Revenue Breakdown
Gross Booking Revenue Breakdown Q4 FY24 Segmental GBR GBR from Dubai Office (INR in Mn) 632.4 1.9% 5.6% 529.8 521.6 433.2 366.0 92.5% Flights Hotels and Packages Trains, Buses & Others Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 ✓ Air segment bookings in Q4 FY24 was at 26.1 Lacs and for FY2024 it was 1.1 Cro
Slide 9: Non-Air Business Growing Leaps and Bounds
Non-Air Business Growing Leaps and Bounds Hotels Trains, Buses and Others Hotel Nights in Nos Transactions in Nos 66.6% 49.2% 10,38,709 5,17,568 3,46,950 6,23,498 53.0% 38.6% 1,40,519 2,70,980 1,01,365 1,77,135 Q4FY23 Q4FY24 FY2023 FY2024 Q4FY23 Q4FY24 FY2023 FY2024 ✓ Hotel nights booked in Q4FY24 g
Slide 10: Q4 and FY2024 Financial Highlights
Q4 and FY2024 Financial Highlights INR in Millions Revenue from Operations EBITDA PAT* 31.6% 19.3% 17.6% 5,905.8 2,281.9 1,576.7 1,912.5 1,340.3 4,488.3 40.7% 23.7% 26.0% 1 1,640.4 576.7 391.2 1,165.9 466.3 309.6 Q4FY23 Q4FY24 FY2023 FY2024 Q4FY23 Q4FY24 FY2023 FY2024 Q4FY23 Q4FY24 FY2023 FY2024 ✓ R
Slide 11: Historical Financials
Historical Financials
Slide 12: Historical Consolidated Profit and Loss Account
Historical Consolidated Profit and Loss Account Particulars (INR in Mn) FY2020 FY2021 FY2022 FY2023 FY2024 CAGR Revenue from Operations 1,620.5 1,385.0 2,353.7 4,488.3 5,905.8 38% Other Income 189.6 122.6 143.9 153.7 185.1 (1)% Total Revenue 1,810.1 1,507.6 2,497.6 4,642.0 6,090.9 35% Employee Benef
Slide 13: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equity and Liabilities (Mn) FY2023 FY2024 Assets (Mn) FY2023 FY2024 Equity Share Capital 1,738.3 1,772.0 Property, plant and equipment 118.5 131.2 Other Equity 1,961.6 4,273.2 Intangible assets 131.4 593.9 Equity attributable to equity holders of the Goodwill 52
Slide 14: Attained 1,241 million Cash Flow from Operations
Attained 1,241 million Cash Flow from Operations Consolidated Cash Flow Statement (INR in Mn) FY2023 FY2024 Cash Flow from Operating Activities Profit before Tax 1,849.4 1,426.3 Adjustment for Non-Operating Items (29.9) 814.9 Operating Profit before Working Capital Changes 1,819.4 2,241.2 Changes in
Slide 15: Improved Quality of Earnings
Improved Quality of Earnings Cash Flow from Operations (INR in Mn) Cash and FDR (INR in Mn) OCF to EBITDA (%) 1,241.1 84.0% 701.8 738.5 2,514.8 2,514.9 54.4% 2,422.4 274.6 201.9 14.0% 1,672.9 (1,104.2) (58.0)% FY19 FY20 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 14
Slide 16: Annual Performance Trend
Annual Performance Trend Gross Booking Revenue (INR in Mn) EBITDA (INR in Mn) PAT (INR in Mn)* 1,577 1,912 2,282 1,341 80,506 85,126 1,469 1,059 876 610 37,156 21,284 330 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Adjusted Total Income# (INR in Mn) EBITDA Margin (%) PAT Margin
Slide 17: Company Overview
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Slide 18: EaseMyTrip at Glance
EaseMyTrip at Glance 2nd Largest OTA* “End to End” Travel Solutions Founded in 2008, EaseMyTrip is the Offers “End to End” travel solutions which 2nd largest Online Travel Platform in includes air tickets, hotels and holiday India packages, rail tickets and bus tickets as well as ancillary value-add
Slide 19: …and No Convenience Fees Strategy
…and No Convenience Fees Strategy 18
Slide 20: Industry Overview
Industry Overview
Slide 21: Global Travel Industry: Bouncing back from the Pandemic
Global Travel Industry : Bouncing back from the Pandemic Travel and Tourism Gross Bookings (US$ Bn) Total Travel Market (2020E) Total Travel Market (2024E) 1,413 1,381 US$ 26% CAGR US$ 556 bn 1,381 bn 556 2018 2020E 2024E Online Travel Market (2020E) Online Travel Market (2024E) Region-wise Split of
Slide 22: Indian Travel and OTA Market: Headroom to grow further
Indian Travel and OTA Market: Headroom to grow further Total Travel Market (FY23E) Total Travel Market (FY27E) Key Drivers FY23E-27E CAGR The travel industry is expected, to be 19% 17% 24% broadly driven by development of 27% Online tourism infrastructure, increase in connectivity across means of IN
Slide 23: Strong tail winds for Indian Aviation industry
Strong tail winds for Indian Aviation industry Indian domestic passenger traffic volumes (Number mn) International passenger traffic volumes (Number mn) %YoY growth 1% (62%) 58% 62% 15% (4%) (85%) 118% 180% 15% 2.4x 2.4x 330 2.2x 135 1.6x 220 95 1.5x 156 142 136 67 71 62 85 54 22 10 FY20 FY21 FY22 F
Slide 24: Thank You
Thank You Easy Trip Planners Limited CIN: L63090DL2008PLC179041 Vikash Goyal vikash.goyal@easemytrip.com +91 98990 79735 Arun Khurana arun.khurana@easemytrip.com +91 78270 71091 Rohit Valecha / Anvita Raghuram easemytrip@churchgatepartners.com +91 226 169 5988 23