Daily BriefsIndia

Daily Brief India: Easy Trip Planners and more

In today’s briefing:

  • Easy Trip Planners: Unattractive Inspite of High Profitability

Easy Trip Planners: Unattractive Inspite of High Profitability

By Nitin Mangal

  • Easy Trip Planners (EASEMYTR IN) has had a good run on its bourses and is probably one of the very few new-age companies which is profitable. 
  • However, the overall narrative does not look attractive to us when we deep dive into the forensics, including the cost drivers and balance sheet risks to the company.
  • Perplexing business model, customer concentration and high valuations make it unattractive inspite of high profitability.

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