Le Travenues Technology Limited · NSE:IXIGO
Le Travenues Technology — Q1 FY27 Earnings Presentation
44 slides from Le Travenues Technology's earnings presentation, Aug 6, 2026
Slide 1: Investor Presentation Q1 FY27
Investor Presentation Q1 FY27 1
Slide 2: Safe Harbour
Safe Harbour This presentation and the information but makes no performance, industry accompanying slides representation or warranty, competition, strategic (“Presentation”) by Le Travenues express or implied, about its Implementation, technological Technology Limited (the accuracy, completeness, fa
Slide 3: Change in presentation currency to INR Crores
Effective 1st April 2026, the Company has changed the presentation currency denomination for its financial results from INR Millions to INR Crores. Accordingly, all figures in the current period, along with the comparative figures for previous periods have been presented in INR Crores to conform to the
Slide 4: Who we are
Who we are We are a technology company focused on empowering travellers to plan, book and manage their trips. Our Business : Flights Hotels Trains Buses 4
Slide 5: Vision
Vision Our vision is to become the most customer-centric travel company, by offering the best customer experience to our users. 5
Slide 6: Our Journey
Our Journey 2007 – 2019 2020 – 2026 6
Slide 7: We are in the “Peace of Mind” Business
We are in the “Peace of Mind” Business Dynamic AI-based Pricing for Value Added Services 31% 1 Ancillary Attach Rate Other Value Added Services No Questions Asked Lock Fare Now, Upto 150% Assured Refund Full Refunds Pay Later and Roadside Assistance Food on Trains Airport Cabs Fully Flexible Upto 3X
Slide 8: Delivering the Best Customer Experience with AI
Delivering the Best Customer Q1 FY27 Experience with AI Percentage of Providing Prompt Personalized Assistance Before, During & After the Trip Queries solved by AI 3h : 37m FY24 Voice 81% Average 3h : 01m Chat 92% Refund Time1 Q1 FY27 95% Q1 FY27 Total Queries solved by AI Calls Answered 92% 52 Lakh
Slide 9: Established Market Leadership in Online Travel
1 Established Market Leadership in Online Travel Fastest Growing2 & Gaining Market-Share in All Lines of Businesses 1 2 Fastest Growing2 3 “One-stop” Multi-Brand Travel Ecosystem Note: 1.Basis MAU & app downloads | 2. Basis Revenue from Operations CAGR from FY21 to FY26 9
Slide 10: India’s Largest Travel Platform
1 India’s Largest Travel Platform 1 Towns4 86 % 56.94 Cr Repeat 2400+ Transaction Rate3 Annual Active Users3 MAU2 8.54 Cr 14.15 Cr Annual Passenger 94 % Lifetime Lifetime Transacted Segments Registered Users 4 Booked 3 Deep penetration Users 4 in Tier II / III2 6.22 Cr 39.57 Cr Note: 1. Basis MAU &
Slide 11: India’s Highest Rated Travel Apps
India’s Highest Rated Travel Apps 62.32 Lakh + Ratings across apps* * As of 30th June 2026 11
Slide 12: The ixigo Flywheel
The ixigo Identify & Solve Travel Utility Problems Train running /PNR status, Crowdsourced Info, Bus schedules, Flight tracking etc. Flywheel Build Trust & Grow among NBU Users Organically AI-Enhanced Customer Annual Active Users 1 Experience & Data Moats Highest rated app, fuelling 56.94 Cr word of
Slide 13: Q1 FY27 vs Q1 FY26 Key Performance Indicators
Q1 FY27 vs Q1 FY26 5,524.33 356.75 144.94 29.24 48.14 PBT* (ex loss of Revenue from Adjusted GTV Contribution Margin associate, exceptional Operations EBITDA items & tax) 19% ▲ 13% ▲ 13% ▲ -7% ▼ 68% ▲ Key Performance Indicators Key Performance Indicators Units FY24 FY25 FY26 Q1 FY 26 Q1 FY 27 Monthl
Slide 14: Management Commentary - Q1 FY27
Management Commentary -Q1 FY27 Mr. Aloke Bajpai Mr. Rajnish Kumar Mr. Saurabh Devendra Singh Chairman, Managing Director Director & Group Co-Chief Group Chief Financial Officer & Group Chief Executive Officer Executive Officer “Q1 FY27 had much progress and “In Q1 FY27, despite the challenging macro
Slide 15: Our 3-Pronged AI Strategy
Our 3-Pronged AI Strategy DISRUPTION REVENUE EFFICIENCY ixigo NEXT- AI Native re-imagination AI optimized dynamic pricing for Agentic AI enabled efficiency of the app experience Peace of mind stack 81%1 voice and 92%1 chats resolved TARA- Multi-modal, agentic and AI driven discounts, revenue by auto
Slide 16: ixigo NEXT
Layer -1 Context-aware AI Layer +1 woven into the UX-aware of context, ixigo NEXT Adaptive and state, and intent. Interactive UX that morphs in context, surfacing ephemeral The AI-Native Travel App capabilities Context-Aware, Pre-Emptive, Predictive, Hyper Personalized & Multimodal Travel Intelligen
Slide 17: TARA: AI Assistance with Empathy
TARA: AI Assistance with Empathy The Layover Rescue ✈ The Pilgrim’s Route “Hi, I'm Raj, 80 years old. I “Help me get a confirmed berth to booked a flight from Mumbai- Vaishno Devi and the Golden Berlin. Can you help me avoid a Temple.” long layover?” TARA understood the Gen Z traveller's intent, check
Slide 18: Hotels
Hotels 0.5 Million “Heads on Beds” in Q1 FY27 Fastest growing line of business Our next by GTV growth Acquired 54.66% majority growth stake in Brevistay, India's largest flexible-stay hotel network engine ! ixigo's direct hotel contracting footprint has expanded to 10,000+ properties across 700 towns
Slide 19: Other Announcements & Partnerships
Other Announcements & Partnerships Delivered 17 Lakhs AbhiBus launched AbhiBus partnered with Metro ticketing LIVE in Pune meals on trains in industry-first Roadside HDFC Bank Smartbuy and Nagpur. Delhi, Mumbai Q1 FY27 Assistance, assuring cab platform to expand bus and Bengaluru scaling up support t
Slide 20: India on the Move
India on the Move Our demand trends are resilient despite global headwinds Summer Surge ☀ Monsoon Momentum 🌧 ● Higher airfares (+38% YoY on ● Goa travel defied seasonality international, +22% YoY on Flights +15% YoY, Hotels +40% domestic) boosted vs. summer long-distance bus travel ● Bus searches…
Slide 21: India Macroeconomic Outlook
Rising Per Capita Incomes Will India Shift the Income Pyramid Discretionary Spending Macroeconomic Inflection Point at ~$4K GDP / Per Capita High High 8Mn (3%)V 29Mn (7%) Outlook Upper mid 61Mn (21%) Upper mid 168Mn (44%) On Track to Become Lower mid Lower mid The Third-Largest 97Mn (33%) 132Mn (34%)
Slide 22: Robust Growth Expected in Indian Travel & Tourism Market
Robust Growth Expected in Indian Travel & Tourism Market Indian Tourism & Transportation Size (INR Bn) Growth In Online Penetration Across Different Segments 952 Mn Passengers Travelled CAGR 9% 5,904 On Reserved Tickets (FY23-28) 86% 81% 81% 802 8% 70% 3,808 837 6% 539 44% 1,365 617 7% 32% 28% 992 1
Slide 23: OTAs driving faster growth in Online Travel
OTAs driving faster growth in Online Travel Indian OTA Market Outpacing the Overall Travel and Online Markets Indian Travel Market By Booking Mode Indian OTA Market Market size (INR Bn) Market size (INR Bn) 2,802 CAGR 18% FY23 CAGR FY28 (FY23–28) 204 202 Total Market: 9% 5,904 517 18% 3,808 Online T
Slide 24: Robust Long Term Growth Trajectory
Robust Long Term Growth Trajectory Annual Active Users (Cr) Gross Transaction Value (INR Cr) CAGR CAGR 29% 47% Revenue from Operations (INR Cr) Adjusted EBITDA (INR Cr) CAGR CAGR (since FY21) 49% 71% 24
Slide 25: Consistent Growth in Transacting Users & Monetization
Consistent Growth in Transacting Users & Monetization Gross Transaction Value (INR Cr) Passenger Segments (Cr) 19% 0.3% MAUs and MTUs (Cr) Annual Spend per Transacting User (INR) 7% 25
Slide 26: Profitable Growth With Strong Cash Conversion
Profitable Growth With Strong Cash Conversion Operating Cash Flow (INR Cr) Revenue from Operations (INR Cr) 60% 13% Contribution Margin (INR Cr) Adjusted EBITDA (INR Cr) 13% -7% 26
Slide 27: Quarter on Quarter Trajectory
Quarter on Quarter Trajectory Gross Transaction Value (INR Cr) Revenue from Operations (INR Cr) Contribution Margin (INR Cr) Adjusted EBITDA (INR Cr) 27
Slide 28: Resilient Performance in Uncertain Times
Resilient Performance in Uncertain Times Q1 FY27 vs. Passenger GTV Gross Revenue From Contribution Revenue Streams CM% Q1 FY26 Segments (Cr) (INR Cr) Take Rate Operations (INR Cr) Margin (INR ) ▪ Agent Service charges 2.44 2,138.86 141.04 52.74 ▪ PG Charges Train -8% 4% 6.54% 9% 37% ▪ Value Added Se
Slide 29: Diversified & Evolving Business Mix - Q1 FY27
Diversified & Evolving Business Mix - Q1 FY27 Flight is now ixigo’s largest vertical by GTV & Bus by Contribution Margin Strategic investments in Hotel Business Gross Transaction Value Revenue from Operations Contribution Margin Hotels ramp up led to “Other Segment” Contribution Margin at ₹(3.06) Cr
Slide 30: Consolidated Summary Statement of Profit & Loss
Consolidated Summary Statement of Profit & Loss INR Crores, unless otherwise stated FY26 FY25 FY24 Q1 FY27 Q1 FY26 Revenue from Operations 1,228.04 914.25 655.87 356.75 316.05 Other Income 47.31 18.02 9.22 29.15 6.96 Total Income 1,275.35 932.27 665.09 385.90 323.01 Expenses Employee benefits expense
Slide 31: Segment Wise Operating and Financial Snapshot
Segment Wise Operating and Financial Snapshot INR Crores unless otherwise stated FY26 FY25 FY24 Q1 FY 27 Q1 FY 26 Flight Passenger Segments 1.07 0.84 0.58 0.29 0.28 Flight GTV 7,514.58 5,650.70 3,527.00 2,341.84 1,848.05 Flight Gross Take Rate 8.96% 8.14% 8.17% 8.41% 9.17% Flight Segment Revenue 390
Slide 32: Financial Summary - Contribution Margin to EBITDA
Financial Summary - Contribution Margin to EBITDA INR Crores unless otherwise stated FY26 FY25 FY24 Q1 FY27 Q1 FY26 Total Contribution Margin 474.30 401.35 293.85 144.94 128.09 + Other Income 47.31 18.02 9.22 29.15 6.96 - Employee Benefits Expenses 220.04 163.62 141.02 58.59 52.27 - Technology and Re
Slide 33: Becoming a One Stop Travel Solution Provider
Becoming a One Stop Travel Solution Provider Continue To Deepen Penetration & Improve Operating Leverage Through Enhance Our Offerings For Travellers Investment In Deep Tech & AI AI-Native Train Products Engage Existing Users To Return Agentic AI experiences To Book International Hyper-personalized
Slide 34: Experienced Key Managerial Personnel
Experienced Key Managerial Personnel Mr. Aloke Bajpai Mr. Rajnish Kumar Chairman, Managing Director Director & Group Co-Chief & Group Chief Executive Executive Officer Officer ● Ex- Amadeus ● B.Tech, Computer Science, ● Ex- Amadeus IIT Kanpur ● MBA, INSEAD ● B.Tech, Electrical Engineering, IIT Kanpu
Slide 35: Seasoned Board of Directors
Mr. Frederic Lalonde Non-Executive Director Seasoned Board ● Founder and CEO of Hopper, an airfare and hotel fare prediction of Directors mobile application Mr. Arun Seth Independent Director Mr. Shailesh Lakhani ● Ex-Trustee of the Nasscom Non-Executive Director Foundation ● PGDM from IIM, Calcutta
Slide 36: Conference Call Details
Details of Conference call Conference Call Details Date Thursday, August 06, 2026 Le Travenues Technology Limited (NSE: IXIGO, BSE: 544192) will host a conference Time 07:00 PM IST call for analysts and investors 09:30 PM HK/SG on Thursday, 6th August, 2026 09:30 AM US (EDT) at 07:00 pm (IST) follow
Slide 37: Glossary
Term Description Glossary Adjusted EBITDA Adjusted EBITDA is calculated as the profit for the period or year plus tax expense, finance cost, depreciation, amortization expenses, Employee Stock Option Scheme less other income, exceptional items, share of profit/loss of associate. Adjusted EBITDA Adjuste
Slide 38: Glossary
Term Description Contribution Margin Contribution Margin is defined as Segment revenue (net Glossary ticketing revenue plus other operating revenue) less direct expenses Contribution Margin Contribution Margin (%) is defined as Contribution Margin (%) (Segment results) divided by revenue from operatio
Slide 39: Glossary
Term Description Glossary Lifetime Transacted Lifetime Transacted Users refers to the number of unique Users transacting users identified by user’s mobile number and/or email address, that have made at least one booking through us in the lifetime of our company on the OTA model, cumulated across ixig
Slide 40: Glossary
Term Description Glossary Passenger Segments Passenger segments refers to the total number of point-to-point passenger tickets booked between two cities, airports, train stations or bus stations, as applicable, whether or not such a ticket is part of a larger or longer itinerary. For example, a book
Slide 41: In a world where execution is commoditized, your edge...
‘ ‘‘ In a world where execution is commoditized, your edge is no longer how well you can build, it is knowing what to build, when to build it and why it matters. 41
Slide 42: Thank You
Thank You For additional information please contact: ir@ixigo.com +91 92668 66934 42
Slide 43: Balance Sheet Summary - FY26 & FY25
Balance Sheet Summary - FY26 & FY25 As at As at Particulars (INR crores) March 31, 2026 March 31, 2025 Assets Tangible and Intangible assets 83.33 26.86 Goodwill 444.47 259.58 Investment (Current & Non-current) 545.51 119.48 Other financial assets (Current & Non-current) 834.38 32.90 Non-current tax
Slide 44: Cash Flow Summary - FY26 and FY25
Cash Flow Summary - FY26 and FY25 For the year ended For the year ended Particulars (INR crores) March 31, 2026 March 31, 2025 Cash flows from operating activities Profit / (loss) before tax 88.54 81.72 Operating adjustments : Share of loss of an associate, net of tax 11.22 9.10 Depreciation and amort
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