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Le Travenues Technology LimitedNSEI:IXIGO Stock Report

Market Cap ₹74.7b
Share Price
₹177.14
₹262.5
32.5% undervalued intrinsic discount
1Y3.2%
7D9.8%
1D
Portfolio Value
View

Le Travenues Technology Limited

NSEI:IXIGO Stock Report

Market Cap: ₹74.7b

Le Travenues Technology (IXIGO) Stock Overview

Operates online travel agency (OTA) platforms in India. More details

IXIGO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for IXIGO from our risk checks.

IXIGO Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Le Travenues Technology Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Le Travenues Technology
Historical stock prices
Current Share Price₹177.14
52 Week High₹339.15
52 Week Low₹156.02
Beta0
1 Month Change6.26%
3 Month Change7.75%
1 Year Change3.25%
3 Year Changen/a
5 Year Changen/a
Change since IPO6.89%

Recent News & Updates

Analysis Article May 24

₹228: That's What Analysts Think Le Travenues Technology Limited (NSE:IXIGO) Is Worth After Its Latest Results

Investors in Le Travenues Technology Limited ( NSE:IXIGO ) had a good week, as its shares rose 3.4% to close at ₹171...
Narrative Update Apr 08

IXIGO: Planned Subsidiary Investment Will Support Future Upside

Analysts have maintained their fair value estimate for Le Travenues Technology at ₹262.5, with only minor model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions informing this narrative update. What's in the News A board meeting is scheduled for Feb 13, 2026 at 18:45 IST to consider further investment in IXIGO PTE.
Narrative Update Mar 23

IXIGO: Planned Subsidiary Investment And New Share Allotment Will Support Future Upside

Analysts have trimmed their price target on Le Travenues Technology by ₹20 to ₹262.5, reflecting updated assumptions around revenue growth, profit margins and forward P/E multiples. What's in the News Board meeting scheduled for Jan 22, 2026, to consider and approve financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Mar 08

IXIGO: Singapore Subsidiary And New Equity Allotment Will Support Future Upside

Analysts have maintained their fair value estimate for Le Travenues Technology at ₹282.5 per share, with only marginal tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E. This suggests their price target and thesis are broadly unchanged.

Recent updates

Analysis Article May 24

₹228: That's What Analysts Think Le Travenues Technology Limited (NSE:IXIGO) Is Worth After Its Latest Results

Investors in Le Travenues Technology Limited ( NSE:IXIGO ) had a good week, as its shares rose 3.4% to close at ₹171...
Narrative Update Apr 08

IXIGO: Planned Subsidiary Investment Will Support Future Upside

Analysts have maintained their fair value estimate for Le Travenues Technology at ₹262.5, with only minor model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions informing this narrative update. What's in the News A board meeting is scheduled for Feb 13, 2026 at 18:45 IST to consider further investment in IXIGO PTE.
Narrative Update Mar 23

IXIGO: Planned Subsidiary Investment And New Share Allotment Will Support Future Upside

Analysts have trimmed their price target on Le Travenues Technology by ₹20 to ₹262.5, reflecting updated assumptions around revenue growth, profit margins and forward P/E multiples. What's in the News Board meeting scheduled for Jan 22, 2026, to consider and approve financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Mar 08

IXIGO: Singapore Subsidiary And New Equity Allotment Will Support Future Upside

Analysts have maintained their fair value estimate for Le Travenues Technology at ₹282.5 per share, with only marginal tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E. This suggests their price target and thesis are broadly unchanged.
Narrative Update Feb 22

IXIGO: Singapore Subsidiary Will Drive Future International Expansion Upside

Analysts have kept their price target for Le Travenues Technology steady at ₹282.5, citing largely unchanged views on revenue growth, profit margins and long term P/E expectations, along with a modest adjustment to their discount rate assumptions. What's in the News A board meeting is scheduled on Jan 22, 2026 to consider and approve financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Feb 04

IXIGO: Singapore Subsidiary Will Support Future International Expansion Upside

Analysts have refreshed their view on Le Travenues Technology, with the fair value estimate moving from ₹333.75 to ₹282.50 as they adjust assumptions on revenue growth, profitability and future P/E levels. What's in the News A board meeting is scheduled on January 22, 2026, to consider and approve financial results for the quarter and nine months ended December 31, 2025 (Board Meeting, company filing).
Analysis Article Jan 25

Results: Le Travenues Technology Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

There's been a notable change in appetite for Le Travenues Technology Limited ( NSE:IXIGO ) shares in the week since...
Narrative Update Jan 20

IXIGO: Singapore Expansion And Fresh Capital Will Support Long Term Upside Potential

Analysts have slightly reduced their fair value estimate for Le Travenues Technology from ₹340.00 to ₹333.75, citing modestly revised assumptions for revenue growth, profit margins and future P/E expectations. What's in the News Board meeting scheduled on January 22, 2026 to consider and approve financial results for the quarter and nine months ended December 31, 2025 (Board Meeting).
Narrative Update Jan 06

IXIGO: Singapore Subsidiary And Fresh Equity Raise Will Support Future Upside Potential

Analysts have kept their fair value estimate for Le Travenues Technology steady at ₹340, reflecting only minor tweaks to assumptions for discount rate, revenue growth, profit margin and future P/E that were not material enough to shift the overall price target. What's in the News Incorporation of wholly owned subsidiary IXIGO PTE.
Narrative Update Dec 22

IXIGO: Singapore Subsidiary Will Drive Future International Expansion Potential

Analysts have modestly lifted their price target on Le Travenues Technology to ₹340.00, reflecting slightly higher assumed discount rates and future earnings multiples, while keeping growth and margin expectations broadly unchanged. What's in the News Board meeting scheduled for November 12, 2025 to consider allotment of equity shares and the establishment of a wholly owned subsidiary in Singapore (Board Meeting) Board approves setting up a wholly owned Singapore subsidiary with an initial cash investment equivalent to SGD 50,000 to drive international expansion and strategic investments (Business Expansions) Private placement of 46,270,092 equity shares at INR 280 per share to raise about INR 12.96 billion from MIH Investments One B.V., taking its post issue stake to 10.10 percent, subject to shareholder approval (Private Placements) Extraordinary General Meeting on November 1, 2025 approves amendments to the Articles of Association to align with a share subscription agreement and related changes (Changes in Company Bylaws/Rules) The board has scheduled multiple meetings on October 10 and October 29, 2025 to consider fundraising proposals, financial results, and ancillary matters tied to the preferential issue and potential new investor (Board Meeting, M&A Rumors and Discussions) Valuation Changes Fair Value: Unchanged at ₹340.0 per share, implying no revision to the base-case target price.
Narrative Update Dec 08

IXIGO: Singapore Subsidiary And Equity Placement Will Drive Long Term Profitability

Analysts have reaffirmed their price target for Le Travenues Technology at ₹340.00 per share, citing only marginal tweaks to the discount rate and valuation assumptions that were not material enough to warrant a change in the headline target. What's in the News Board meeting scheduled on November 12, 2025, to consider equity share allotment and the establishment of a wholly owned subsidiary in Singapore (Board Meeting) Board approves formation of a wholly owned Singapore subsidiary in the travel technology and strategic investment management space with an initial investment equivalent to SGD 50,000 (Business Expansions) Company announces closure of a private placement transaction on November 12, 2025 (Private Placements) Shareholders approve amendments to the Articles of Association at the Extraordinary General Meeting held on November 1, 2025 (Changes in Company Bylaws/Rules) Board approves a preferential private placement of 46,270,092 equity shares at INR 280 per share to MIH Investments One B.V., for gross proceeds of about INR 12.96 billion, subject to shareholder approval and regulatory lock in (Private Placements) Valuation Changes Fair Value: Unchanged at ₹340.00 per share, reflecting no material revision to the intrinsic value estimate.
Narrative Update Nov 24

IXIGO: Singapore Expansion And Equity Allotment Will Strengthen Profit Margins Ahead

Analysts have modestly maintained their fair value estimate for Le Travenues Technology at ₹340.00, citing minimal adjustments in discount rate, revenue growth, and profit margin assumptions. What's in the News The board of directors approved the allotment of equity shares and the establishment of a wholly owned subsidiary in Singapore during a meeting scheduled for November 12, 2025 (Board Meeting).
Narrative Update Nov 06

IXIGO: Upcoming Investments Are Expected To Drive Higher Profit Margins

Analysts have raised their price target for Le Travenues Technology from ₹320 to ₹340. They cite improved profit margin forecasts and a modest decrease in discount rate as key factors behind the upward revision.
Narrative Update Oct 23

Analysts Lift Price Target for Le Travenues Technology Amid Stronger Margins and Growth Outlook

Analysts have raised their price target for Le Travenues Technology from ₹277.50 to ₹320.00, citing improved profit margins and higher projected revenue growth as key drivers for this upward revision. What's in the News Private placement of 46,270,092 equity shares at an issue price of INR 280, raising gross proceeds of INR 12,955,625,760.
Narrative Update Oct 09

India Digital Shift And Competitive Rivalry Will Mitigate Overvaluation Risks

Analysts have raised their price target for Le Travenues Technology from ₹247.5 to ₹277.5, citing slightly improved expectations for revenue growth and a marginally lower discount rate. What's in the News The Board of Directors will meet on October 10, 2025, to consider a proposal for fund raising via possible issuance of securities through various methods, including qualified institutions placement or preferential issue (Key Developments).
Narrative Update Sep 12

India Digital Shift And Competitive Rivalry Will Mitigate Overvaluation Risks

The significant upward revision in the Analyst Price Target for Le Travenues Technology reflects higher valuation multiples despite a slight decrease in net profit margin, with fair value rising from ₹212.50 to ₹247.50. What's in the News Board meeting scheduled to consider and approve standalone and consolidated financial results for the quarter ended June 30, 2025.
Analysis Article Sep 06

Subdued Growth No Barrier To Le Travenues Technology Limited (NSE:IXIGO) With Shares Advancing 29%

Le Travenues Technology Limited ( NSE:IXIGO ) shares have continued their recent momentum with a 29% gain in the last...
New Narrative Aug 28

India Digital Shift And Competitive Rivalry Will Mitigate Overvaluation Risks

Key Takeaways Growth may slow as offline users are fully acquired, while heavy domestic focus heightens vulnerability to regulatory shifts and economic shifts in India. Prioritizing investment in new services and technology limits near-term profit gains, as competition and evolving digital trends threaten pricing power and market share.
Analysis Article Aug 14

Le Travenues Technology (NSE:IXIGO) Shareholders Will Want The ROCE Trajectory To Continue

NSEI:IXIGO 1 Year Share Price vs Fair Value Explore Le Travenues Technology's Fair Values from the Community and select...
Analysis Article Jul 21

Subdued Growth No Barrier To Le Travenues Technology Limited (NSE:IXIGO) With Shares Advancing 26%

Le Travenues Technology Limited ( NSE:IXIGO ) shares have continued their recent momentum with a 26% gain in the last...
Analysis Article Jul 18

Is Le Travenues Technology (NSE:IXIGO) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 22

Some Investors May Be Willing To Look Past Le Travenues Technology's (NSE:IXIGO) Soft Earnings

Le Travenues Technology Limited's ( NSE:IXIGO ) recent soft profit numbers didn't appear to worry shareholders, as the...
Analysis Article May 20

New Forecasts: Here's What Analysts Think The Future Holds For Le Travenues Technology Limited (NSE:IXIGO)

Shareholders in Le Travenues Technology Limited ( NSE:IXIGO ) may be thrilled to learn that the analysts have just...
Analysis Article May 17

Le Travenues Technology Limited (NSE:IXIGO) Just Beat EPS By 6.9%: Here's What Analysts Are Forecasting For This Year

As you might know, Le Travenues Technology Limited ( NSE:IXIGO ) just kicked off its latest yearly results with some...
Analysis Article Sep 21

Is Le Travenues Technology (NSE:IXIGO) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

IXIGOIN HospitalityIN Market
7D9.8%-0.4%0.5%
1Y3.2%-15.2%-0.5%

Return vs Industry: IXIGO exceeded the Indian Hospitality industry which returned -15.2% over the past year.

Return vs Market: IXIGO exceeded the Indian Market which returned -0.5% over the past year.

Price Volatility

Is IXIGO's price volatile compared to industry and market?
IXIGO volatility
IXIGO Average Weekly Movement6.4%
Hospitality Industry Average Movement6.3%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.8%

Stable Share Price: IXIGO has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: IXIGO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aAloke Bajpaiwww.ixigo.com

Le Travenues Technology Limited operates online travel agency (OTA) platforms in India. Its OTA platforms allow travelers to book train tickets, flight tickets, bus tickets, hotels and cabs; provide travel utility tools and services, including PNR status updates, flight status updates, LIVE bus tracking, train seat availability alerts, train running status updates and delay predictions, pricing and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts for flights and automated customer support services. The company also offers Siri shortcuts ancillary services, including travel insurance, car rentals, and visa processing; hotel booking and food delivery; and software development and maintenance services.

Le Travenues Technology Limited Fundamentals Summary

How do Le Travenues Technology's earnings and revenue compare to its market cap?
IXIGO fundamental statistics
Market cap₹74.75b
Earnings (TTM)₹721.33m
Revenue (TTM)₹12.75b
107.2x
P/E Ratio
6.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IXIGO income statement (TTM)
Revenue₹12.75b
Cost of Revenue₹2.20b
Gross Profit₹10.55b
Other Expenses₹9.83b
Earnings₹721.33m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.65
Gross Margin82.75%
Net Profit Margin5.66%
Debt/Equity Ratio1.2%

How did IXIGO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 12:04
End of Day Share Price 2026/05/25 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Le Travenues Technology Limited is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Shobit SinghalAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.