Easy Trip Planners Limited (EASEMYTRIP.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-24.2%

₹4.57

vs ₹6.03 price

Levered DCF

-₹0.97

After debt service

Piotroski score

1 / 9

Weak

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-53.18×	42.14×	37.93×	28.31×	34.92×	18.49×	34.32×	46.57×
P/B	2.62×	6.34×	6.45×	10.24×	15.7×	6.91×	11.19×	16.68×
P/S	3.92×	7.78×	6.6×	8.44×	15.73×	8.12×	8.02×	11.21×
EV / EBITDA	-68.55×	27.72×	24.51×	20.11×	25.31×	12.6×	22.58×	280.58×
Gross margin	51.9%	69.3%	65.9%	97.4%	99.9%	83.4%	77.1%	74.3%
Operating margin	-5.8%	22.6%	23.3%	39.6%	56.2%	54.8%	35.9%	1.6%
Net margin	-7.4%	18.3%	17.5%	29.9%	45.0%	44.1%	23.3%	23.7%
Current ratio	2.48×	2.68×	2.31×	2.03×	1.32×	1.74×	1.71×	1.6×
Debt / equity	0.04×	0.05×	0.03×	0.23×	0.21×	0.11×	0.07×	0×
Interest coverage	-5.05×	23.04×	23.03×	52.18×	68.18×	21.46×	15.36×	0.51×
Dividend yield	0.0%	0.0%	0.5%	0.9%	0.9%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	17.2%	24.3%	30.8%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-4.9%	14.9%	17.1%	36.3%	44.9%	37.5%	32.6%	35.3%
Return on invested capital	-3.0%	11.5%	15.0%	28.0%	33.7%	27.3%	27.0%	1.1%
Return on assets	-3.3%	9.3%	11.5%	19.3%	21.9%	15.3%	11.4%	9.9%
Free cash flow yield	-5.3%	1.2%	2.9%	-3.3%	-0.0%	6.5%	2.2%	6.4%
Earnings yield	-1.9%	2.4%	2.6%	3.5%	2.9%	5.4%	2.9%	2.1%
Enterprise value	₹20.5B	₹44.7B	₹38.2B	₹38.5B	₹37.2B	₹11B	₹11.3B	₹11B
Net debt / EBITDA	1.73×	-0.61×	-0.52×	0.3×	0.09×	-0.29×	-0.13×	-8.7×
Cash conversion cycle (days)	48	-65	9	-2,118	-90,850	-310	-79	-113