Le Travenues Technology share price
NSE: IXIGOBSE: 544192Leisure ServicesSmall Cap
Le Travenues Technology Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jun 2024 · Issue price ₹93
Last close ₹142.05up ₹2.17 (1.55%)BSE ₹142.00
Share price at the NSE close on 29 Oct 2026. Previous close ₹139.88.
29 Oct: open ₹140.83, high ₹143.30, low ₹139.50
52-week range of traded prices to 29 Oct 2026
₹136.35Low, 15 Oct 2026₹328.15High, 29 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹6,266 Cr627th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 41.86
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹38 crore of one-off items, the largest of them in the quarter to Sep 2026.
- 56.04
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.88
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 10.5%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹38 crore of one-off items, the largest of them in the quarter to Sep 2026.
- 7.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 3.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 5,92,21527.3% delivered
About Le Travenues Technology
Le Travenues Technology Limited, which operates as ixigo, is a technology company that helps Indian travellers plan, book and manage trips across rail, air, buses and hotels.12 Its customers use the ixigo, Confirmtkt and AbhiBus apps.1 Its registered office is in Gurugram, Haryana.3
It reports trains, flights, buses and hotels as separate segments, and showed hotels on their own for the first time in the quarter to Sep 2026.456 Its Peace of Mind products, which cover refund and itinerary risks, include Assured, Assured Flex, Price Lock, Abhi Assured, Alternate Travel Plan and Travel Guarantee.7 Its AI travel assistant is called TARA.8
It began in June 2007 as a meta search website for flights, which compares fares from several sellers, and later moved to selling tickets as an online travel agency.9 It acquired AbhiBus in 2021.10 It listed on the stock exchanges on 18 June 2024.11 It owned 62% of Zoop Web Services Private Limited as at March 2026, after buying an additional 11% from its founders.1213 Its annual report states that it has no identifiable promoter.14 In November 2025 it issued shares to MIH Investments One B.V. (Prosus) for ₹12,955.63 million, giving Prosus a 10.1% stake on a fully diluted basis (counting employee stock options not yet exercised).1516
Le Travenues Technology key points
Results
- In the quarter to Sep 2026, consolidated gross transaction value (the total amount users paid for bookings) rose 22% to ₹5,304.47 crore, revenue from operations rose 13% to ₹320.96 crore and contribution margin (revenue less direct costs) rose 14% to ₹124.86 crore.1718
- Adjusted EBITDA, the company's own measure of operating earnings, was ₹23.58 crore in the quarter to Sep 2026 against ₹28.48 crore a year earlier, down 17%. Reported profit after tax was ₹63.42 crore, including an exceptional gain.19
- In the year to Mar 2026, the group's gross transaction value rose 25% to ₹18,692.7 crore, revenue from operations rose 34% to ₹1,228.0 crore and adjusted EBITDA rose 28% to ₹120.9 crore.20
- Profit after tax for the year to Mar 2026 was ₹71.5 crore, and operating cash flow (cash generated by the business) rose 60% to ₹195.7 crore.21
Market position
Business segments
- Trains. Train passenger segments (point-to-point tickets booked) rose about 7% to 2.9 crore in the quarter to Sep 2026, revenue rose 16% to ₹149.14 crore and contribution margin rose 29% to ₹47.23 crore.24
- Flights. Flight gross transaction value rose 37% on higher fares in the quarter to Sep 2026, but flight revenue fell 8% to ₹82.66 crore and contribution margin fell 10% to ₹35.68 crore.25
- Buses. Bus gross transaction value rose 32% to ₹752.65 crore in the quarter to Sep 2026, revenue rose 24% to ₹81.04 crore and contribution margin rose 27% to ₹43.14 crore.26
- Hotels. Hotel gross transaction value grew 2.6x to ₹111.34 crore in the quarter to Sep 2026, on 4.7 lakh room nights, partly from Brevistay, consolidated from this quarter. The hotel segment's contribution margin was a loss of ₹1.21 crore, against ₹0.71 crore a year earlier.2728
Users and reach
- Monthly active users (distinct devices visiting its apps or websites in a month) averaged 8.59 crore in the half year to Sep 2026. Lifetime transacted users (people who have booked at least once) were 6.96 crore as of Sep 2026.2930
- The company said on its earnings call of 19 Oct 2026 that 94% of its transactions involve travel to or from Tier 2 and 3 cities, and more than 9 out of 10 trips it sells are by train or bus.31
- In the year to Mar 2026, annual active users (distinct devices that visited its apps or websites) were 56.94 crore, and annual passenger segments booked were 14.21 crore.32
- The company sells 70,000 hotels in India, of which it contracts over 12,000 directly across about 1,100 towns, up from 10,000 hotels the quarter before.33
What the company expects
- On its earnings call of 19 Oct 2026, the company said it wants to be the largest hotel OTA in the budget to mid-market category on a room night basis over the next 4 to 5 years.34
- On its earnings call of 19 Oct 2026, the company said hotels, at 2.1% of gross transaction value today, should be one of its top 2 contributors to it in 4 to 5 years.35
- On its earnings call of 19 Oct 2026, the company said online penetration in the budget hotel category is 10% to 15%, and its target for the next 4 quarters is to keep growing hotels in triple digits if it can.36
Recent events
- On 13 Aug 2026 the company sold a 17.39% stake in Freshbus Private Limited, which its filing said would cut its holding from 25.66% to 8.27%, and booked a one-time gain of ₹40.66 crore in the quarter to Sep 2026.3738
- On 7 Jun 2026 the company said it would acquire a 54.66% stake in Brevistay, a flexible-stay hotel booking platform, for ₹65.69 crore.39
- On 13 Feb 2026 a subsidiary's board approved buying a 60% stake in Online Travel Solutions, S.L. (Trenes), an online train ticket platform in Spain, for €11.70 million including non-compete fees; the annual report to Mar 2026 records it as acquired.404142
Litigation and regulatory matters
- As of its exchange filing of 7 Aug 2026, a GST appeals officer in Gurugram had rejected the company's 6 appeals against a demand of ₹89,80,778 plus interest and penalty of ₹89,80,778; the company said it intends to appeal further to the GST Appellate Tribunal.4344
- As of its exchange filing of 27 Mar 2026, the company had received a state tax order demanding ₹99,82,243 in tax, interest and penalty; the company said it would appeal, and its documents give no outcome.45
Last updated
All 45 sources, each with its page
- 1. Annual report, 7 Sep 2026, page 5
- 2. Annual report, 7 Sep 2026, page 63
- 3. Annual report, 7 Sep 2026, page 54
- 4. Earnings call, 19 Oct 2026, page 8
- 5. Investor presentation, 17 Oct 2026, page 30
- 6. Earnings call, 19 Oct 2026, page 3
- 7. Annual report, 7 Sep 2026, page 38
- 8. Annual report, 7 Sep 2026, page 12
- 9. Annual report, 7 Sep 2026, page 8
- 10. Annual report, 7 Sep 2026, page 65
- 11. Annual report, 7 Sep 2026, page 8
- 12. Annual report, 7 Sep 2026, page 70
- 13. Annual report, 7 Sep 2026, page 218
- 14. Annual report, 7 Sep 2026, page 88
- 15. Annual report, 7 Sep 2026, page 19
- 16. Annual report, 7 Sep 2026, page 84
- 17. Earnings call, 19 Oct 2026, page 7
- 18. Investor presentation, 17 Oct 2026, page 29
- 19. Earnings call, 19 Oct 2026, page 7
- 20. Annual report, 7 Sep 2026, page 27
- 21. Annual report, 7 Sep 2026, page 27
- 22. Earnings call, 19 Oct 2026, page 7
- 23. Investor presentation, 17 Oct 2026, page 22
- 24. Earnings call, 19 Oct 2026, page 7
- 25. Earnings call, 19 Oct 2026, page 7
- 26. Earnings call, 19 Oct 2026, page 7
- 27. Earnings call, 19 Oct 2026, page 8
- 28. Investor presentation, 17 Oct 2026, page 30
- 29. Investor presentation, 17 Oct 2026, page 13
- 30. Investor presentation, 17 Oct 2026, page 10
- 31. Earnings call, 19 Oct 2026, page 5
- 32. Investor presentation, 17 Oct 2026, page 10
- 33. Earnings call, 19 Oct 2026, page 5
- 34. Earnings call, 19 Oct 2026, page 14
- 35. Earnings call, 19 Oct 2026, page 16
- 36. Earnings call, 19 Oct 2026, page 14
- 37. Exchange filing, 13 Aug 2026, page 1
- 38. Earnings call, 19 Oct 2026, page 8
- 39. Exchange filing, 7 Jun 2026, page 3
- 40. Exchange filing, 13 Feb 2026, page 1
- 41. Exchange filing, 13 Feb 2026, page 3
- 42. Annual report, 7 Sep 2026, page 19
- 43. Exchange filing, 7 Aug 2026, page 1
- 44. Exchange filing, 7 Aug 2026, page 3
- 45. Exchange filing, 27 Mar 2026, page 2
Results
Consolidated; ₹ crore.Le Travenues Technology quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +16.0%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +210.8%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹321 Crdown 10.03%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹63 Crup 85.22%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 19.8%
Revenue by quarter
Peak revenue ₹357 Cr, quarter to Jun 2026; lowest ₹242 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in 1 of the 8 quarters shown
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 242 | 284 | 314 | 283 | 318 | 308 | 357 | 321 |
| Net profit | 16 | 17 | 19 | −3 | 24 | 32 | 34 | 63 |
| Net margin | 6.4% | 5.9% | 6.0% | −1.2% | 7.5% | 10.4% | 9.6% | 19.8% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,228 Crup 34.32%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹71 Crup 18.64%
- Net margin
- 5.8%
Revenue by year
Peak revenue ₹1,228 Cr, year to Mar 2026; lowest ₹656 Cr, year to Mar 2024
Net profit by year, a loss in red
| ₹ crore | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Revenue | 656 | 914 | 1,228 |
| Net profit | 73 | 60 | 71 |
| Net margin | 11.1% | 6.6% | 5.8% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- TrainTrain, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹511 Crup 11.90%41.6%
- FlightFlight, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹391 Crup 54.18%31.8%
- BusBus, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹298 Crup 51.32%24.3%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹28 Cr2.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Le Travenues Technology PE ratio and valuation
Price to earnings
At or below today's level on 1% of 247 trading days over the last year.
LowestHighest
Its median128.74Industry median22.25
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +23.5% | +6.7% | +15.8% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
23 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 7 of the 11 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 23 funds holding Le Travenues Technology
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 9
- CutCut. Funds that held fewer shares than at the end of the month before.
- 2
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 11
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
 Franklin India Small Cap FundFranklin Templeton Mutual Fund | 1,27,41,718 | 1.46% | ₹207.5 Cr |
 HDFC Multi Cap FundHDFC Mutual Fund | 98,57,975 | 0.82% | ₹160.6 Cr |
 SBI Children's Fund - InvestmentSBI Mutual Fund | 70,00,000 | 1.43% | ₹114.0 Cr |
 Tata Digital India FundTata Mutual Fund | 28,88,172 | 0.51% | ₹47.0 Cr |
 Canara Robeco Small Cap FundCanara Robeco Mutual Fund | 24,31,694 | 0.28% | ₹39.6 Cr |
| Tata Multi Asset Allocation FundTata Mutual Fund | 22,23,365 | 0.72% | ₹36.2 Cr |
| HDFC Business Cycle FundHDFC Mutual Fund | 19,06,735 | 1.17% | ₹31.1 Cr |
 Motilal Oswal Innovation Opportunities FundMotilal Oswal Mutual Fund | 16,10,325 | 3.06% | ₹26.2 Cr |
| Motilal Oswal Digital India FundMotilal Oswal Mutual Fund | 15,24,973 | 2.51% | ₹24.8 Cr |
| HDFC Innovation FundHDFC Mutual Fund | 11,08,218 | 0.57% | ₹18.1 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Le Travenues Technology insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 23 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Le Travenues Technology competitors and peers
Tour, Travel Related Services, 22 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Le Travenues Technology in market cap.Consumer services companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Indian Railway Catering and Tourism CorporationIRCTC | 35,524 | 25.50 | 8.25 | +15.0% | +4.1% | 34.9% | 37.3% | 2.03% |
 TBO TekTBOTEK | 16,829 | 63.58 | 10.85 | +68.9% | +14.1% | 19.3% | 14.9% | 0.00% |
 BLS International ServicesBLS | 9,033 | 12.80 | 3.67 | +31.8% | +24.9% | 33.7% | 25.4% | 1.14% |
 Waterways Leisure TourismCORDELIA | 6,345 | – | 8.72 | – | – | – | – | 0.00% |
 Thomas Cook (India)THOMASCOOK | 4,156 | 19.00 | 1.63 | −4.3% | −12.9% | 9.1% | 8.2% | 0.57% |
 Easy Trip PlannersEASEMYTRIP | 2,387 | – | – | +1.5% | −168.5% | −6.9% | −5.3% | 0.00% |
 Yatra OnlineYATRA | 1,163 | 37.33 | 1.40 | +9.3% | −35.8% | 3.9% | 2.9% | 0.00% |
 Mach Travel SolutionsMACHLTD | 490 | 31.29 | 4.04 | −2.2% | +10.5% | 13.6% | – | 0.21% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Le Travenues Technology announcements
Oct 2026
17 Oct · General Updates
Le Travenues Technology share price by year
Each calendar year to 2025.Le Travenues Technology share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 254.95 | +52.0% | 335.55 | 125.14 |
| 2024 | 167.71 | – | 184.86 | 135.59 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 18 Jun 2024.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 142.38 | 142.89 | 139.20 | 139.88 | 140.87 | 6,35,400 | 32.3% |
| 27 Oct 2026 | 145.05 | 146.50 | 141.62 | 142.29 | 144.14 | 6,16,056 | 33.0% |
| 26 Oct 2026 | 144.80 | 146.65 | 140.62 | 145.14 | 144.10 | 13,16,055 | 25.1% |
| 23 Oct 2026 | 148.99 | 150.81 | 144.00 | 146.58 | 145.79 | 22,25,084 | 28.3% |
| 22 Oct 2026 | 148.00 | 151.00 | 139.57 | 148.99 | 144.69 | 60,97,344 | 18.8% |
| 21 Oct 2026 | 157.25 | 158.43 | 145.66 | 148.48 | 148.93 | 78,74,116 | 15.1% |
| 19 Oct 2026 | 154.39 | 165.99 | 149.53 | 157.08 | 158.83 | 8,22,17,500 | 6.5% |
| 16 Oct 2026 | 138.87 | 147.31 | 138.00 | 144.46 | 143.60 | 31,82,754 | 41.5% |
| 15 Oct 2026 | 140.00 | 140.77 | 136.35 | 138.12 | 138.08 | 11,34,179 | 49.1% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- IXIGO
- BSE code
- 544192
- ISIN
- INE0HV901016
- Industry
- Leisure Services
- Website
- www.ixigo.com
- CIN
- L63000HR2006PLC071540
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2006
- Registered office
- Veritas Building, Second Floor, Sector - 53, Golf Course Road, Gurugram 122002, Haryana
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments