Easy Trip Planners IPO Note: Anand Rathi
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ICICI Securities Report
Easy Trip Planners Ltd. is ranked second among the key online travel agencies in India in terms of booking volume in the nine months ended December 31, 2020 and third among key online travel agencies in India in terms of gross booking revenues in fiscal 2020.
The company is the only profitable online travel agency among key online travel agencies in India in fiscals 2018, 2019 and 2020.
The company had the highest compound annual growth rate from fiscal 2018 to fiscal 2020 in terms of gross booking revenue and operating revenues among the key online travel agencies in India.
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