Shares of Easy Trip Planners Ltd, the company behind the EaseMyTrip online travel platform, have surged by nearly 60% over the past three trading sessions, surprising many investors and market watchers. The sharp upswing comes on the back of the company’s board approval to raise up to ₹500 crore in fresh capital, a move aimed at accelerating growth in core segments like hotels and holidays, bolstering technology capabilities, and strengthening overall financial health. This development, coupled with a return to profitability after prior losses, has injected fresh confidence into a stock that has struggled in recent years.

 

Author : Aashiya Jain | EQmint | Market news

 

Understanding EaseMyTrip: From Bootstrap Success to Market Challenges

EaseMyTrip began as a bootstrap travel agency. Founded by Nishant Pitti and his brothers in the late 2000s. Their goal was simple: make travel booking affordable by cutting out convenience fees. Over time, it grew into one of India’s major online travel aggregators.

 

Offering flights, hotels, holiday packages, bus and rail bookings. The company’s asset-light model and early profitability attracted investors. And it went public in March 2021. But since listing, the ride has been bumpy. The stock has been volatile. Shares dropped sharply from their ₹187 issue price. At one point falling over 90% from peak levels. Not exactly smooth sailing. But that’s the story so far.

 

What’s Driving the Recent Rally

The equity rally was sparked by the company’s decision to raise ₹500 crore in capital. The board gave in-principle approval for this move. The funds will come from issuing equity shares or other eligible securities.

 

This gives EaseMyTrip more financial flexibility to push into growth areas. Investors responded enthusiastically. They see this as a sign of renewed strategic focus. It could also support expansions in hotel and holiday segments. Technology enhancements and broader travel ecosystem development are on the table too. Higher capital could help manage balance sheet pressures. It might also support strategic acquisitions or partnerships.

 

At the same time the company reported a return to profitability in Q3 FY26. Consolidated net profit was ₹5.85 crore. This is modest compared to prior years. Year-on-year profit still lags behind top-line figures from earlier periods. Still it signals a financial turnaround after previous losses. That is a positive in the eyes of investors.

 

Sequential Performance and Broader Context

EaseMyTrip’s gross booking revenue continues to reflect the size of its business, signaling strong demand despite broader travel industry fluctuations. The company reported gross booking revenue of ₹2,213.2 crore in the same period, indicating sustained customer engagement across both domestic and international lines.

 

The stock’s rebound has come from a 52-week low reached in late January and early February, showing how sentiment can change rapidly in travel-tech stocks depending on strategic news and financial signals.

 

Long-Term Challenges and Strategic Priorities

The equity rally was sparked by the company’s decision to raise ₹500 crore in capital. The board gave in-principle approval for this move. The funds will come from issuing equity shares or other eligible securities. This gives EaseMyTrip more financial flexibility to push into growth areas. Investors responded enthusiastically.

 

They see this as a sign of renewed strategic focus. It could also support expansions in hotel and holiday segments. Technology enhancements and broader travel ecosystem development are on the table too. Higher capital could help manage balance sheet pressures.

 

It might also support strategic acquisitions or partnerships. At the same time the company reported a return to profitability in Q3 FY26. Consolidated net profit was ₹5.85 crore. This is modest compared to prior years. Year-on-year profit still lags behind top-line figures from earlier periods. Still it signals a financial turnaround after previous losses. That is a positive in the eyes of investors.

 

What Investors Are Watching Now

With the capital raise underway, investors will be closely watching:

• Execution of the ₹500 crore fundraising plan
• Detailed use of proceeds, especially for technology upgrades and segment expansion
• Future earnings performance and whether profitability continues on a stable path
• Competitive dynamics with peers like MakeMyTrip, Cleartrip, ixigo and Yatra
• Balance sheet strength, given prior pressures in certain quarters

The recent price rally shows how strategic news can shift sentiment, particularly for stocks that have lagged behind for extended periods. For long-term and short-term market participants alike, the light at the end of the tunnel may lie in a combination of financial stability, renewed growth strategy, and execution discipline.

 

In summary: The three-day, ~60% rally in EaseMyTrip’s shares underscores how capital restructuring and improved financial signals can rapidly reshape investor expectations even in sectors as dynamic and competitive as online travel.

 

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