Penny Stock Under Rs 15: Online Travel Platform Expands Global Reach with Strategic Investments in Emerging Markets
EaseMyTrip has a market capitalization exceeding Rs 4,700 crore, despite a 39% decline in its 1-year stock return and a price-to-earnings (PE) ratio of 30.
EaseMyTrip, India’s leading online travel platform, is on the way to global expansion with the establishment of branches in Brazil and Saudi Arabia. The company has set its foot in these markets with the help of Easy Trip Planners Do Brasil Ltda in Brazil and Easy Trip Planners Limited in Saudi Arabia. Furthermore, EaseMyTrip has increased its presence in the Middle East through investments in two new Dubai subsidiaries: Ease My Trip Tours L.L.C and Ease My Trip Holiday Homes L.L.C. These efforts are meant to address the growing travel market opportunities in Brazil and Saudi Arabia and the UAE’s growing tourism industry. EaseMyTrip has also made investments in EaseMyTrip USA to improve its performance in the American market where tourism is expected to become an important source of revenue. The Managing Director and Founder of EaseMyTrip, Mr. Nishant Pitti said, “This is a significant milestone in our growth story as we expand our global presence and diversify our services.” The company has focused on the use of technology and a customer-centric approach that enables it to expand its global presence and provide seamless travel experiences globally.
EaseMyTrip is one of the biggest online travel companies in India that provides a one-stop solution for all travel-related services under one roof. The company offers a full-service travel solutions provider with airline tickets, hotel and holiday packages, rail and bus tickets and other services such as travel insurance and visa processing. EaseMyTrip operates through three channels: Travel agents, corporate and online travel agents (B2C, B2E and B2B2C). More than 90 per cent of its business comes from the B2C segment. The company has the biggest travel agent network in India with 60,000 agents. Some of the recent strategic moves are the acquisition of Spree Hospitality, YoloBus and partnerships with Flybig, SpiceJet and JustDial.
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The revenue of EaseMyTrip is mainly from airline passage, which accounts for 99.97 per cent of its total revenue. The company has also forayed into the insurance segment and has gone deeper into the country with new franchise stores in the northern part of the country. The company has grown quickly and has a low rate of customer churn due to its innovative approach, including AI-powered Smart Voice Recognition Technology, as well as its low marketing costs.
The current price of the stock of EaseMyTrip as of March 25, 2025, is Rs 13.77 per share. The 52-week high is Rs 23.85 per share and the 52-week Low is Rs 10.82 per share. EaseMyTrip has a market capitalization exceeding Rs 4,700 crore, despite a 39 per cent decline in its 1-year stock return and a price-to-earnings (PE) ratio of 30.
Disclaimer: The article is for informational purposes only and not investment advice.