EaseMyTrip Planners (EASEMYTRIP) | News Based Sentiment Analysis

• On September 18, 2025, EaseMyTrip announced a partnership with Hoi to launch India's first Smart Kiosk Rewards Program at Delhi, Hyderabad, and Goa airports, offering passengers a ₹500 coupon and a chance to win a ₹5,000 voucher – a move aimed at enhancing the customer experience and driving sales. This program has already served over 5,000 passengers, indicating initial traction.
• EaseMyTrip is further investing in the hospitality sector, increasing its stake in Eco Hotels and Resorts by acquiring an additional 7.77% through a rights issue on September 20, 2025, for approximately ₹1.5 crore ($170.1K). This will bring their total stake to 20.77%, signaling a commitment to expanding their presence in eco-friendly travel options.
• Despite these initiatives, EaseMyTrip reported significantly weakened financial performance in Q1 FY26, with net profit plummeting approximately 99% to ₹44.3 Lakh, as reported on September 22, 2025. Operating revenue also fell over 25% to ₹113.8 crore during the same period, raising concerns about the company's short-term profitability.
• Further detailing Q1 FY26 results on September 21, 2025, revenue was ₹113.79 crore, a 16.46% quarter-on-quarter decline from March 2025’s ₹143.27 crore. EBITDA and net profit also experienced substantial declines of 64.07% and 96.83% respectively, highlighting the severity of the downturn.
• Q2 FY25 results, reported on September 22, 2025, showed a Gross Booking Revenue (GBR) of ₹2,076 crores and a 2% year-on-year increase in revenue from operations to ₹145 crores. However, this positive trend contrasts sharply with the Q1 FY26 performance, creating a mixed picture of the company’s financial health.
• Investor sentiment remains negative, with EaseMyTrip receiving a "Strong Sell" recommendation as of September 22, 2025, and trading near its 52-week low of ₹8.24. The stock has generated a year-to-date return of -58.48%, and technical analysis indicates an oversold condition with a 14-day RSI of 12.2.
• Leadership changes continued, with Nishant Pitti officially appointed Chairman-cum-MD on September 22, 2025, following the resignation of Prashant Pitti. This follows Nishant Pitti’s previous resignation from the CEO position in January and aims to provide stability after a period of transition.
• On September 16, 2025, a disclosure revealed that Nishant Pitti pledged 90,000,000 shares, and reports from September 25, 2024, indicated he was considering selling his remaining 14% stake for ₹780 crore, raising questions about promoter confidence.

The Investment Story: September was a turbulent month for EaseMyTrip, characterized by a stark contrast between strategic initiatives like the Hoi partnership and the Eco Hotels stake increase, and deeply concerning financial results in Q1 FY26. The leadership transition continues, but investor sentiment remains firmly negative.

What It Means for Investors: The dramatic decline in Q1 FY26 profits and the "Strong Sell" recommendation signal significant risks for investors. While the company is attempting to diversify and improve customer experience, the core business is currently struggling, and a turnaround is far from guaranteed.

Looking Ahead: Investors should closely monitor the impact of the new leadership and the success of the strategic initiatives, particularly the Eco Hotels investment and the Smart Kiosk program. The upcoming AGM on September 29, 2025, will be crucial for gaining insights into the company’s recovery plan.

The Bottom Line: EaseMyTrip remains a highly speculative investment. The company faces substantial challenges, and a significant turnaround is needed to justify a positive outlook. Investors should proceed with extreme caution and closely monitor the company’s performance in the coming quarters.