Easy Trip Planners Ltd. · NSE:EASEMYTRIP
Easy Trip Planners — Q1 FY2025 Earnings Presentation
24 slides from Easy Trip Planners's earnings presentation, Aug 13, 2024
Slide 1: Exchange filing cover letter: Revised Investor Presentation
August 13, 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 Regulati
Slide 2: Q1 and FY2025 Investor Presentation
Q1 and FY2025 Investor Presentation August 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 “EaseMyTrip”, have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to
Slide 4: Key Performance Metrics for Q1 and FY2025
Key Performance Metrics for Q1 and FY2025 EBITDA of INR 505.9 Million Serving ~26Mn Happy Customers Gross Booking Revenue EBITDA (GBR) INR 22,744.7 Million INR 505.9 Million Q1FY25 (4.1)% Y-o-Y +34.9% Y-o-Y Revenue from Operations Profit After Tax (PAT)* INR 1,526.0 Million INR 324.8 Million +23.0%
Slide 5: Recent developments at EaseMyTrip
Recent developments at EaseMyTrip EaseMyTrip signs Letter of Intent (LOI) to join ONDC Network at the ONDC Startup Mahotsav A government initiative aimed at democratizing digital commerce in India by lowering entry barriers and promoting a level playing field. This partnership, announced at the ONDC
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) Q1FY25 Q1FY24 Q4FY24 FY2024 Gross Booking Revenue (GBR) 22,744.7 23,709.6 20,900.0 85,126.1 Revenue/Income Amount % of GBR Amount % of GBR Amount % of GBR Amount % of GBR A. Revenue From Operation (As
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 * EMT Industry EMT Industry Leader Leader 1.0%
Slide 8: Gross Booking Revenue Breakdown
Gross Booking Revenue Breakdown Q1FY25 Segmental GBR GBR from Dubai Office (INR in Mn) 1.8% 9.3% 1,267.1 632.4 529.8 521.6 366.0 88.9% Flights Hotels and Holiday Packages Trains, Buses & Others Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 ✓ Air segment bookings in Q1 FY25 was at 26.2 Lacs 7
Slide 9: Non-Air Business Growing Leaps and Bounds
Non-Air Business Growing Leaps and Bounds Hotels and Holiday Packages Trains, Buses and Others Hotel Nights Booked (In Lacs) Gross Booking Revenue (In Mn) Transactions (In Lacs) Gross Booking Revenue (In Mn) 116.6% (0.0)% 2,106.9 36.9% 14.1% 409.1 408.9 3.1 1.8 1.6 2.2 972.9 Q1FY24 Q1FY25 Q1FY24 Q1F
Slide 10: Financial Highlights: Revenue, EBITDA, PAT
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 1,341.0 4,488.3 23.0% 1 34.9% 24.8% 1,240.5 1,526.0 505.9 324.8 375.0 260.2 Q1FY24 Q1FY25 FY2023 FY2024 Q1FY24 Q1FY25 FY2023 FY2024 Q1FY24 Q1FY25 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 Income 1,810.1 1,507.6 2,497.6 4,642.0 6,090.9 35% Employee Benefi
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% 738.5 2,514.8 2,514.9 54.4% 2,422.4 201.9 14.0% 1,672.9 (1,104.2) (58.0)% 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 85,126 80,506 1,469 1,059 876 610 37,156 23,710 22,745 506 325 21,284 375 259 FY21 FY22 FY23 FY24 Q1 FY24 Q1 FY25 FY21 FY22 FY23 FY24 Q1 FY24 Q1 FY25 FY21 FY22 FY23 FY24 Q1 FY24 Q1
Slide 17: Company Overview
Company Overview Qa = <j > Ne ov na oO wi
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 Anvita Raghuram / Lavanya Shreedhar easemytrip@churchgatepartners.com +91 226 169 5988 23