Synopsis: Shares of Easy Trip Planners Limited are in focus as it partners with MSTC Limited to enter the government travel segment. The tie-up enables access to institutional clients, improves scalability through technology integration, and opens new revenue streams, strengthening long-term growth visibility despite muted financial performance.
Easy Trip Planners Limited, a prominent travel technology company in India, is taking a significant move in its business strategy by venturing into a new segment of government travel, facilitated by its association with MSTC Limited. This indicates that the company is reaching out to a wider market. With a market cap of Rs 2,342 crore, the shares of Easy Trip Planners Ltd are trading at Rs 6.35 and are trading at a PE of 89 compared to their industry’s PE of 37.5.
Gateway to Government Travel Segment
Easy Trip Planners Limited is entering the government travel segment through its exclusive partnership with MSTC Limited, which operates a central platform that connects all government organisations. With this partnership, EaseMyTrip is able to access institutional customers who are otherwise difficult to access.
The partnership will allow MSTC Limited to enable corporate travel procurement for government organisations. In this way, MSTC Limited will act as a central platform that can meet all government organisations’ corporate travel requirements. With this partnership, EaseMyTrip will be able to access a new stream of customers from government organisations.
Technology Integration and Scalable Growth
EaseMyTrip will integrate its APIs with the technology platform of MSTC, which will enable the booking of flights, hotels, buses, cabs, and holiday packages in a seamless manner. This will not only facilitate the efficient delivery of services but also ensure that the cost of infrastructure development remains low, thereby promoting scalability.
Furthermore, EaseMyTrip will also provide end-to-end technology support to ensure the smooth functioning of the business and provide a high-quality experience to customers. This will not only enhance its reputation as a technology-driven player in the travel and tourism industry but also increase its credibility in the business of delivering technology-based end-to-end solutions to large institutions.
Overall, the partnership has marked a strategic shift in the business model of EaseMyTrip from a retail-based business to a B2G business, thereby unlocking new avenues for growth. Since the business has access to a stable and high-demand market, it has the potential to increase the visibility of its revenues in the institutional segment of the travel business.
Financials and more
The revenue from operations for the company stood at Rs 152 crore in Q3 FY26 compared to the Q3 FY25 revenue of Rs 151 crore, up by about 0.66 per cent YoY. However, the net profit stood at Rs 3.41 crore in Q3 FY26, down compared to the Rs 34 crore profit in Q3 FY25.
Easy Trip Planners Limited is one of India’s leading travel-tech platforms offering services like flights, hotels, buses, and holiday packages. Known for its zero-convenience fee model, the company is now expanding into institutional and government travel to diversify its growth avenues.
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