IXIGOConsumer Services

Le Travenues Technology Limited

Tour, Travel Related Services · ISIN INE0HV901016 · BSE 544192 · NSE EQ · FV ₹1
Last price
₹160
-0.29%today
What this company does

Le Travenues Technology Limited operates in Tour, Travel Related Services, part of the Consumer Services sector. It booked ₹357 cr of revenue in its latest quarter (Q1 FY27) and kept 9.1% of sales as profit. It is the 4th largest of 8 Tour, Travel Related Services companies we track, by market value.

Their stated mission

is to make travel that matter most to our customers.

In the report:
67out of 100
Equitytale Health Score
Solid

Healthier than 67% of companies in Consumer Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 34–46 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns42

How much profit it earns on the money it employs

Balance sheet80

How much it owes, and whether earnings cover the interest

Cash quality81

Whether reported profit actually arrives as cash

Valuation58

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 13% vs last year
Profit up 70% vs last year
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Low 6.4% return on equity

What if I invest in IXIGO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹160 -0.29%
latest close · 2026-09-17
52-wk low ₹15642 sessions so far52-wk high ₹207
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio54.8High
LowAverageHigh
P/B ratio3.43High
Below bookModerateHigh
EV / EBITDA31.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.4%Weak
WeakFairStrong ▸15%
Return on capital9.2%Fair
WeakFairStrong
Net margin9.1%Decent
ThinDecentStrong
EBITDA margin15.0%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover72.9×Strong
RiskyOkayStrong ▸5×
Current ratio2.92Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹7,022 cr
Book value
₹47
EPS
₹0.73
latest quarter
Net debt
₹-320 cr
more cash than debt
Enterprise value
₹6,702 cr
EBITDA
₹214 cr
annualised
EBIT
₹195 cr
annualised
Operating margin
13.7%
Return on assets
5.1%
Earnings yield
1.82%
P/S
4.92
Sales / share
₹32.5
Tax rate
20.6%
Face value
₹1
Shares
43.9 cr
Working capital
₹794 cr
Current assets
₹1,209 cr
Current liabilities
₹415 cr
Delivery %
51.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹28₹63, midpoint ₹37

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹357 cr
Other Income₹29 cr
Total Income₹386 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹59 cr
Finance Costs₹67 L
Depreciation & Amortisation₹5 cr
Other Expenses₹274 cr
Total Expenses₹338 cr
Profit before Tax₹48 cr
Tax Expense₹10 cr
Share of JV / Associates₹-4 cr
Net Profit₹34 cr
Net margin on total income8.9%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹59 cr15.3%
Finance costs₹67 L0.2%
Depreciation & amortisation₹5 cr1.2%
Other expenses₹274 cr71.7%
Tax expense₹10 cr2.6%
Profit for the period₹34 cr9.0%
Total income ₹386 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue318 cr308 cr357 cr
Total income334 cr327 cr386 cr
Expenses296 cr289 cr338 cr
Profit before tax35 cr38 cr48 cr
Tax9 cr2 cr10 cr
Net profit (owners' share)24 cr32 cr33 cr
Net margin (owners' share, on revenue)7.5%10.4%9.1%
EPS (₹)0.580.720.73
YoY (latest quarter): total income +20.1% · net profit +70.3%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,541 cr
Shareholder equity
₹2,047 cr
parent shareholders
Total debt
₹25 cr
Cash
₹344 cr
Cash flow · H1 FY26
Operating
₹92 cr
Investing
₹-3 cr
Financing
₹-5 cr
Peer comparison
Tour, Travel Related Services · by market value
CompanyPriceMarket capP/E
Indian Railway Catering And Tourism Corporation Limited₹457₹36,560 cr27.7
TBO Tek Limited₹1,648₹17,892 cr53.0
BLS International Services Limited₹228₹9,377 cr12.3
Le Travenues Technology Limitedthis company₹160₹7,022 cr54.8
Thomas Cook (India) Limited₹103₹4,865 cr16.8
Easy Trip Planners Limited₹6₹2,307 cr
Yatra Online Limited₹104₹1,634 cr1,302.0
Waterways Leisure Tourism Limited₹110₹794 cr7.9
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
FII / Foreign
61.3%
DII / Domestic
13.0%
Retail / others
25.7%
Smart-money activity
Bulk / block deals
short · NSE215 Sep 26
short · NSE14 Sep 26
short · NSE171 Jun 26
Stake changes
SoldCoronation Fund Managers Ltd. as discretionary fund manager of funds/segregated accounts→ 4.99% · 2.17 L24 Aug 26
SoldCoronation Fund Managers Ltd→ 6.99% · 27,24013 Jul 26
SoldSchroder Investment Management (Singapore) Ltd (SIMSL) as discretionary fund managers of funds/segregated mandates→ 3.04% · 3.62 L29 May 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 1 Nov 2025
See the official result
1
Offer, issuance and allotment of equity shares on a private placement / preferential basis
Backed by 99% of shareholders other than promotersneeded 75%
32.63 cr votes for, 27.78 L against · 1% of mutual funds and other big investors said no
2
Amendments / alterations to the Articles of Association of Le Travenues Technology Limited and grant of special rights to an identified shareholder pursuant to Regulation 31B of the SEBI Listing Regulations
Backed by 99% of shareholders other than promotersneeded 75%
32.63 cr votes for, 27.78 L against · 1% of mutual funds and other big investors said no
3
Amendments / alterations to the Articles of Association of Le Travenues Technology Limited by deletion of any references to “Part A” and deletion of the third paragraph having references to Part A and Part B, in “Section I - APPLICABILITY OF TABLE F”
Backed by 99% of shareholders other than promotersneeded 75%
32.72 cr votes for, 18.89 L against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹12,956 cr raised in Nov 2025 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. CARE Ratings Limited watches the spending on the exchange’s behalf.

₹1,200 cr raised in Jun 2024 by selling shares to the public

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. ICRA Limited watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.