Easy Trip Planners shares jump 12% on plan to raise up to ₹500 crore

Shares of Easy Trip Planners, which operates the travel platform EaseMyTrip, surged nearly 12% on Monday after the company announced plans to raise capital of up to ₹500 crore to support its growth strategy.

The travel stock climbed as much as 11% to ₹7.34 apiece, compared with the previous close of ₹6.61, as investors reacted positively to the proposed fundraising plan. The counter saw strong volume as over 28 lakh shares changed hands over the counter compared to two-week average of 11.4 lakh stocks, while its market capitalisation climbed to ₹2,670 crore.

In an exchange filing this morning, Easy Trip Planners said that its board has approved a proposal to raise funds through the issuance of equity shares or other eligible securities, subject to regulatory and shareholder approvals. The capital raise is expected to support expansion across high-growth verticals, particularly hotels and holiday packages, while also enabling investments in technology, platform upgrades, and strategic opportunities aligned with long-term priorities.

Fundraise to strengthen core biz

Nishant Pitti, founder and chairman & managing director of the company, said the proposed fundraise is aimed at strengthening the core business while scaling segments demonstrating sustainable growth potential.

“The proposed capital raise of up to ₹500 crore is about being ready. It gives us the flexibility to invest at the right time, whether in technology or strategic opportunities that fit our larger vision. We are clear that growth has to be healthy and sustainable. Every investment decision will be taken with responsibility and a sharp focus on value creation.”

He added that the company remains focused on disciplined capital allocation and long-term value creation.

The fundraise may be executed in one or more tranches through routes such as rights issue, qualified institutional placement (QIP), preferential allotment, or private placement, depending on market conditions, as per the company.

Reports steady performance in Q3

Easy Trip Planners reported steady business momentum in Q3 FY26, supported by strong growth in non-air segments and international operations. The company posted gross booking revenue (GBR) of ₹2,213.2 crore, while revenue from operations stood at ₹151.7 crore. EBITDA came in at ₹13.9 crore, registering a 15.2% sequential growth with a margin of 8.6%, while profit after tax (PAT) was ₹7.5 crore.

As per the company, it continued to see robust traction in its hotels and holiday vertical, with bookings rising 84% year-on-year to 4.6 lakh from 2.5 lakh, averaging around 5,000 room nights per day. International operations remained a key growth driver during the quarter, with its Dubai business recording GBR of ₹397.6 crore, compared with ₹170.5 crore in the same period last year, reflecting a 133.2% year-on-year increase.

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