B2B travel distribution platform linking hotels, airlines and suppliers to travel agents in 140+ countries.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 2 | 2 | 10 | 10 | 10 | 11 | 11 | 11 |
| Reserves | 238 | 202 | 221 | 330 | 534 | 1.2k | 1.4k | 1.5k |
| Borrowings | 17 | 8 | 63 | 71 | 210 | 214 | 719 | 756 |
| Other Liabilities | 536 | 364 | 976 | 2.1k | 4.1k | 4.8k | 5.2k | 7.0k |
| Total Liabilities | 793 | 576 | 1.3k | 2.6k | 4.9k | 6.2k | 7.3k | 9.3k |
| AssetsFixed Assets | 35 | 23 | 92 | 136 | 349 | 345 | 452 | 1.6k |
| CWIP | 4 | 9 | 0 | 0 | 14 | 39 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 173 | 2 | 263 |
| Other Assets | 755 | 545 | 1.2k | 2.4k | 4.5k | 5.6k | 6.8k | 7.4k |
| Total Assets | 793 | 576 | 1.3k | 2.6k | 4.9k | 6.2k | 7.3k | 9.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 93 | -3 | 51 | 198 | 237 | 226 | 289 | -21 |
| Cash from Investing | -39 | -6 | -28 | -27 | -85 | -154 | -443 | -418 |
| Cash from Financing | -5 | -8 | -5 | -16 | -14 | 115 | 365 | 441 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 75 | -12 | 43 | 184 | 230 | 188 | 236 | -87 |
| FCF Margin | — | — | — | — | — | — | — | — |
The Earnings Per Share over the last 12 months.
Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).
Pre-filled with the lower of median (71.7×) and current (66.2×) PE — the conservative anchor.
The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.
At 10.7% growth and a 66× exit, ₹1490 only delivers your return if you pay ₹1,065. The price is currently baking in 18% growth.
EPS grows 10.7%/yr for 5 years, then fades to 6% over 2, exits at 66×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.7% | 24.90 |
| FY28 | 10.7% | 27.56 |
| FY29 | 10.7% | 30.51 |
| FY30 | 10.7% | 33.77 |
| FY31 | 10.7% | 37.39 |
| FY32 | 8.3% ·fade | 40.51 |
| FY33 | 6.0% ·fade | 42.94 |
Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.
Guides on how to read this kind of business and the numbers that matter.