Le Travenues Technology Ltd
Incorporated in 2007, Le Travenues Technology Ltd is running online platforms to provide information and booking services for the travel industry. It also provides software development & maintenance services to its customer[1]
- Market Cap ₹ 5,459 Cr.
- Current Price ₹ 140
- High / Low ₹ 198 / 117
- Stock P/E 100
- Book Value ₹ 14.8
- Dividend Yield 0.00 %
- ROCE 8.82 %
- ROE 11.9 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 25.4% CAGR over last 5 years
Cons
- Stock is trading at 9.47 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.05% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Travel Agencies
Part of BSE IPO BSE Consumer Discretionary Nifty Microcap 250 Nifty Total Market BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 109 | 152 | 121 | 253 | 330 | 653 | 794 | |
| 151 | 159 | 118 | 285 | 330 | 607 | 723 | |
| Operating Profit | -42 | -7 | 3 | -31 | 0 | 45 | 71 |
| OPM % | -38% | -4% | 2% | -12% | 0% | 7% | 9% |
| 5 | 1 | 3 | 6 | 3 | 9 | 14 | |
| Interest | 0 | 0 | 2 | 3 | 1 | 2 | 2 |
| Depreciation | 3 | 1 | 1 | 5 | 7 | 11 | 10 |
| Profit before tax | -40 | -8 | 2 | -33 | -5 | 42 | 73 |
| Tax % | 0% | 0% | -233% | -2% | -192% | -29% | |
| -40 | -8 | 8 | -32 | 5 | 54 | 54 | |
| EPS in Rs | -916.51 | -174.82 | 175.75 | -0.87 | 0.12 | 1.45 | 1.38 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 75% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 89% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.04 | 0.04 | 0.04 | 37 | 37 | 37 | 39 |
| Reserves | 14 | 7 | 20 | 336 | 356 | 391 | 536 |
| 3 | 0 | 15 | 7 | 7 | 46 | 12 | |
| 36 | 74 | 63 | 92 | 98 | 138 | 184 | |
| Total Liabilities | 54 | 81 | 98 | 473 | 499 | 612 | 770 |
| 2 | 1 | 4 | 196 | 188 | 271 | 271 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
| Investments | 6 | 10 | 27 | 102 | 136 | 68 | 141 |
| 47 | 70 | 68 | 174 | 173 | 272 | 358 | |
| Total Assets | 54 | 81 | 98 | 473 | 499 | 612 | 770 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -44 | 32 | -15 | -40 | 19 | 39 | |
| 49 | -5 | -17 | -216 | 14 | -39 | |
| 0 | -3 | 14 | 258 | -2 | -44 | |
| Net Cash Flow | 6 | 24 | -18 | 3 | 31 | -45 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 78 | 56 | 80 | 12 | 13 | 15 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 78 | 56 | 80 | 12 | 13 | 15 |
| Working Capital Days | -2 | -79 | -78 | -32 | -26 | 1 |
| ROCE % | -58% | 16% | -15% | 1% | 9% |
Documents
Announcements
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Closure of Trading Window
2 Apr - Closure of trading window for securities.
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Media Release - Ixigo Announces APRIL FULL REFUND SALE For 1St April - 100 Lucky Travellers To Win 100% Refund On Flight Bookings
31 Mar - ixigo announces April Full Refund Sale for flight bookings.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 Mar - Outcome of analysts/investors meetings held on March 28, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
27 Mar - Outcome of analysts/investors meetings held in Singapore.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
26 Mar - Outcome of analysts/investors meetings held in Singapore.
Concalls
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Feb 2025Transcript PPT
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Dec 2024TranscriptNotesPPT
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Nov 2024Transcript PPT
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Oct 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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Jul 2024Transcript PPT
Business Overview:[1][2][3]
LTTL, India’s second-largest technology-driven Online Travel Agency, helps travelers plan, book, and manage trips across trains, flights, buses, and hotels. With 480 million Annual Active Users, its brands—ixigo, Confirmtkt, and abhibus—offer tailored solutions for specific travel needs, leveraging proprietary algorithms and crowd-sourced information to deliver utility tools and services.