Le Travenues Technology Limited share price

NSE: IXIGO · ISIN INE0HV901016

Key numbers

Market cap
₹ 6,916 Cr
Current price
₹ 156.80
52-week high / low
₹ 339 / 151
Stock P/E
82.1
Book value
₹ 46.1
Dividend yield
0.00%
ROCE
6.6%
ROE
5.4%
Debt to equity
0.02
Sales growth (3 yrs)
34.8%
Profit growth (3 yrs)
49.4%
1-year return
-43.6%

About Le Travenues Technology Limited

Le Travenues Technology Limited operates online travel agency (OTA) platforms in India. Its OTA platforms allow travelers to book train tickets, flight tickets, bus tickets, hotels and cabs; provide travel utility tools and services, including PNR status updates, flight status updates, LIVE bus tracking, train seat availability alerts, train running status updates and delay predictions, pricing and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts for flights and automated customer support services. The company also offers Siri shortcuts ancillary services, including travel insurance, car rentals, and visa processing; hotel booking and food delivery; and software development and maintenance services. In addition, the company operates OTA platforms through its websites and mobile applications under ixigo, Confirmtkt, and AbhiBus brand names. Le Travenues Technology Limited was incorporated in 2006 and is based in Gurugram, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales284316318308357
Operating profit2526262524
Net profit1719243233
EPS (₹)0.430.490.580.720.73

Concall summary (2026-08-13)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • The one-offs and call-outs for Q1 FY27 include share of loss from Fresh Bus and Sqaas, which are associates, of 3.98 crore.
  • For Q1 FY26, the one -offs and call -outs comprised the share of loss of Fresh Bus, which is an associate, of 2.33 crore.

Growth & demand

  • Our year-on-year GDP growth came in at 39%, much higher than that of the market, and it even exceeded 60% in 17 of the states we operate in, including large markets such as Delhi, Odisha, Uttarakhand, West Bengal and Himachal Pradesh, as well as in several states in the Northeast.
  • Despite this, our flight segments grew 4%, and flight GDP grew 27% Y-o-Y.

Margins & costs

  • As an illustration , an agentic workload consuming approximately 10 million input tokens and 1 million output tokens can cost under $2 on one model and around $150 on another, depending on the model and caching assumptions.
  • Contribution margin rose to INR 52.74 crores, up 29%, with the contribution margin percentage improving from 32% to 37%.

Capex & expansion

  • Aviation capacity remained constrained and airfares were at the highest levels we have seen.
  • Some of the category tailwinds are structural: continued highway development, growth in bus capacity and travelers increasingly using buses when confirmed train inventory is unavailable.

Balance sheet & cash

  • Our more mature businesses, across trains, flights and buses, continue to generate operating leverage.
  • AI is different from conventional software investment because the same underlying intelligence layer can create leverage across multiple functions.

Peers in Travel Services

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