Easy Trip Planners Ltd. · NSE:EASEMYTRIP
Easy Trip Planners — Q1 FY22 Earnings Presentation
22 slides from Easy Trip Planners's earnings presentation, Aug 15, 2021
Slide 1: EaseMyTrip
EaseMyTrip Date: August 15, 2021 To, To, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, C-1, G-Block, Bandra-Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400 051 SScrip Code: 543272 Symbol: EA
Slide 2: Q1 FY22 Investor Presentation
Q1 FY22 Investor Presentation August 2021
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Easy Trip Planners Limited (the “Company’) popularly know as “Ease My Trip”, have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to
Slide 4: Strong performance despite second wave of Covid-19
Strong performance despite second wave of Covid-19 Particulars (Rs. in Mn) Q1FY22 Q1FY21 FY21 Gross Booking Revenue (GBR) 3,567.1 987.4 21,284.0 Revenue/Income Amount % of GBR Amount % of GBR Amount % of GBR A. Revenue from Operation (as per financials) 187.0 5.2% 35.6 3.6% 1,067.1 5.0% B. Discounts
Slide 5: …and attaining even better Operational Efficiencies
…and attaining even better Operational Efficiencies Discounts Marketing & Sales Promotion ✓ On account of second wave of Covid-19 we controlled our discounting and were down by 48% as compared to Q4FY21 -48% -51% 337.0 55.9 ✓ Our marketing cost reduced by 51% on Q- o-Q basis and were merely Rs. 27.6
Slide 6: Q1FY22 Operational Performance
Q1FY22 Operational Performance Flights Hotels Trains, Buses & Others Air Segments in Nos Hotel Transactions in Nos Transactions in Nos 5,522,387 36,151 2,19,735 10,85,794 11,100 1,84,541 3,20,587 Nil 7,897 FY21 Q1FY21 Q1FY22 FY21 Q1FY21 Q1FY22 FY21 Q1FY21 Q1FY22 ✓ Air segment was partially affected
Slide 7: Q1 FY22 Financial Highlights
Q1 FY22 Financial Highlights Adjusted Revenue EBITDA PAT 489.7 212.2 154.3 105.7 37.0 24.9 Q1FY21 Q1FY22 Q1FY21 Q1FY22 Q1FY21 Q1FY22 Adjusted Revenue EBITDA ✓ Adjusted revenue for Q1FY22 stood at Rs. 490 PAT Mn as compared to Rs. 90 Mn in Q1FY20 ✓ EBIDTA for the quarter stood at Rs. 212 Mn as ✓ PAT
Slide 8: Q1 FY22 Consolidated Profit & Loss Account
Q1 FY22 Consolidated Profit & Loss Account Profit & Loss Statement (Rs. in Mn) Q1FY22 Q1FY21 Y-o-Y FY21 Revenue from Operations 187.0 35.6 1067.1 Other Income 160.5 84.5 440.5 Total Revenue 347.5 120.0 189.5% 1507.6 Employee Benefits Expense 46.1 47.7 211.9 Other Expenses 89.2 35.3 419.8 EBITDA 212.
Slide 9: Historical Financials
Historical Financials
Slide 10: Historical Consolidated Profit & Loss Account
Historical Consolidated Profit & Loss Account Profit & Loss Statement (Mn) Mar-21 Mar-20 Mar-19 Mar-18 Revenue from Operations 1,067.1 1,413.6 1,011.1 1,001.1 Other Income 440.5 396.5 500.0 134.7 Total Revenue 1,507.6 1,810.1 1,511.1 1,135.7 Employee Benefits Expense 211.9 302.0 220.2 159.2 Other Ex
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet Equity & Liabilities (Mn) FY21 FY20 Assets (Mn) FY21 FY20 Equity Share Capital 217.3 217.3 Property, plant and equipment 75.6 77.6 Intangible assets 1.5 1.3 Other Equity 1,409.4 795.2 Goodwill 16.0 16.0 Total Equity 1,626.6 1,012.5 Investment Property 23.1 23.2 Financial L
Slide 12: Historical Abridged Cash Flow
Historical Abridged Cash Flow Consolidated Cash Flow Statement (Mn) FY21 FY20 Cash Flow from Operating Activities Profit before Tax 833.9 458.8 Adjustment for Non-Operating Items -358.1 -233.6 Operating Profit before Working Capital Changes 475.8 225.3 Changes in Working Capital 504.5 106.8 Cash Gen
Slide 13: Key Return Ratios
Key Return Ratios Cash Flow from Operations (Mn) Cash & Term Deposits (Mn) OCF to EBITDA (%) 738.5 2,422.9 157% 701.8 109% 1,462.3 84% 274.6 860.5 55% 134.0 96.0 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 ROCE (%) ROE (%) 65.3% 43.2% 37.5% 48.3% 32.6% 45.5% 27.4% 15.0% FY18 FY19 FY2
Slide 14: Company Overview
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Slide 15: EaseMyTrip at Glance
EaseMyTrip at Glance 2nd Largest OTA* Founded in 2008, Easy Trip Planners Ltd “End to End” Travel Solutions (“EaseMyTrip”), is the 2nd largest Online Offers “End to End” travel solutions which Travel Portal in India includes air tickets, hotels and holiday packages, rail tickets & bus tickets as wel
Slide 16: Fastest Growing & Only Profitable OTA in India…
Fastest Growing & Only Profitable OTA in India… Gross Booking Revenue (Mn) EBITDA (Mn) PAT (Mn) 614 42,047 29,378 330 21,284 29* 293 19,451 876 293* 499 448 66 123 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 Adjusted Total Income# (Mn) EBITDA Margin (%) PAT Margin (%) 58.1% 40.5% 3,0
Slide 17: …due to our Lean Cost Model…
…due to our Lean Cost Model… Discounts Employee Cost Industry EMT Industry EMT Leader Leader 3.0% +8% 1.0% 2.8% -85% 2.5% 2.8% 2.6% 0.8% 6.5% 0.7% 0.7% 1.2% % of Gross Booking 1.0% Revenue FY18 FY19 FY20 FY21 FY21 FY21 FY18 FY19 FY20 FY21 FY21 FY21 Advertisement & Promotion Other Expenses EMT Indust
Slide 18: …and No Convenience Fees Strategy
…and No Convenience Fees Strategy 17
Slide 19: Industry Overview
Industry Overview
Slide 20: Indian Travel & OTA Market
Indian Travel & OTA Market Total Travel Market (FY20) Total Travel Market (FY25E) FY20-25 CAGR Online travel market in India to Bus Bus double over the next five years to Hotels 9bn$ reach US$31 bn FY25, growing at 8bn$ 10bn$ Hotels 16bn$ Total Online 14% CAGR from FY20 levels Train 8bn$ 7bn$ Train
Slide 21: Indian Hotel Industry
Indian Hotel Industry Online penetration of Hotels Lowest in the Contribution of Hotels in Online Travel Least penetration of Chain Affiliated Hotels World Revenue pool 56% 47% 47% 47% 36% 49% 37% 37% 22% 20% 7% USA UK Germany China India USA UK Germany China India FY20 FY25E <10% of total room inve
Slide 22: Thank You
Thank You Easy Trip Planners Limited CIN: L63090DL2008PLC179041 Ms. Priyanka Tiwari emt.secretarial@easemytrip.com Mr. Sagar Shroff +91 98205 19303 sagar.shroff@linkintime.co.in Ms. Neha Shroff +91 77380 073466 Neha.shroff@linkintime.co.in 21