Le Travenues Technology will hold its Twentieth Annual General Meeting on Wednesday, September 30, 2026. The meeting is scheduled to begin at 2:00 pm and will be conducted through Video Conferencing or Other Audio-Visual Means.

The company issued the notice in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also adheres to the Companies Act, 2013, and relevant circulars from the Ministry of Corporate Affairs regarding virtual meetings.

Meeting Details

The Twentieth AGM aims to transact the business as set out in the separate notice of the meeting. Shareholders can attend and participate in the proceedings virtually. The company has published newspaper advertisements in Financial Express and Jansatta to inform members about the event.

Members are requested to register or update their email addresses with the Registrar and Share Transfer Agent or Depository Participants. This step ensures they receive the notice and annual report electronically.

Digital Access and Voting

The notice convening the AGM, along with the Annual Report for FY26, will be sent only via email to members with registered addresses. Those without registered emails will receive a letter with a web-link to access these documents.

Shareholders can cast their votes electronically during the remote e-voting period or via e-voting during the AGM. Detailed procedures for voting and attending the virtual meeting are provided in the formal notice of the AGM.

Le Travenues Technology reported an all-time high consolidated profit after tax (PAT) of ₹34.24 crore for the quarter ended June 30, 2026, marking an 81% year-on-year increase from ₹18.94 crore in Q1FY26. This strong financial performance signals robust market share capture across its multimodal travel platform despite a volatile macro environment, with significant contributions from its Bus and Flights verticals driving the top-line growth.

The Board of Directors approved the unaudited financial results on August 06, 2026. The statutory auditor, S.R. Batliboi & Associates LLP, issued an unmodified limited review report in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that its Flights segment has become the largest vertical by Gross Transaction Value (GTV), while the Hotels business emerged as the fastest-growing line of business.

Financial Performance

Consolidated revenue from operations grew to ₹356.75 crore in Q1FY27, compared to ₹316.05 crore in the same period last year. Contribution margin increased by 13% YoY to reach an all-time high of ₹144.94 crore. EBITDA rose 65% to ₹53.52 crore, while Adjusted EBITDA (EBITDA plus ESOP expenses less other income) stood at ₹29.24 crore compared to ₹31.34 crore in Q1FY26. The EBITDA margin stood at 7% for the quarter, compared to 8.14% in the same period last year. Profit before tax, share of loss of associates, and exceptional items surged 68% to ₹48.14 crore from ₹28.66 crore.

*Profit/(loss) before share of loss of associate, exceptional items/tax.

Segment-Wise Growth

The Bus segment, operated through Abhibus, was the primary growth driver, with GTV rising 39% YoY and revenue increasing 34%. The segment benefited from higher airfares and limited train ticket availability, which boosted demand for intercity bus travel. Abhibus expanded its supply and introduced industry-first features like Roadside Assistance. The Flights segment gained market share and became the largest vertical by GTV, growing 27% YoY despite international volatility due to the Iran conflict. The Train segment maintained a 63% share of the OTA market, with steady contribution margin improvements.

The Hotels business emerged as the fastest-growing line of business by GTV, recording 0.5 million 'heads on beds' in the quarter. Le Travenues strengthened this vertical by acquiring a 54.66% majority stake in Brevistay Hospitality Private Limited for ₹65.69 crore. The direct hotel footprint expanded to over 10,000 properties across 700 towns in India, powered by the AI-first hotel extranet HELLO. Overall hotel supply crossed 70,000 properties in India and 1 million worldwide.

What the Numbers Show

The divergence between the 65% surge in EBITDA and the 7% decline in Adjusted EBITDA highlights the impact of non-operating items and stock-based compensation on the bottom line. The EBITDA margin contraction from 8.14% to 7% YoY further reflects the cost pressures associated with growth investments. While operational efficiency improved contribution margins by 13%, the aggressive investment in the Hotels vertical through the Brevistay acquisition suggests a strategic pivot towards flexible-stay accommodations. The company's ability to grow GTV by 19% while expanding market share in Flights and Buses demonstrates resilience against macroeconomic headwinds and competitive pressures in the travel sector.