Easy Trip Planners Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, alongside a strategic capital raise plan of up to ₹500 crore. The Board of Directors approved both the financial results and fund raising proposal at their meeting held on February 14, 2026.

Financial Performance Overview

The company reported mixed financial performance for Q3 FY26. On a consolidated basis, Easy Trip Planners achieved total income of ₹1,613.00 million for the quarter, comprising revenue from operations of ₹1,516.58 million and other income of ₹96.42 million.

Strategic Capital Raise Initiative

EaseMyTrip announced plans to raise capital up to ₹500 crore as part of its strategy to scale key growth areas and reinforce financial strength. The proposed capital raise is intended to support expansion across high-potential segments, particularly in hotels and holidays, while enabling continued investments in technology and platform enhancement.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's consolidated performance showed significant challenges. Total income reached ₹4,074.51 million compared to ₹4,599.78 million in the corresponding period of the previous year.

Management Commentary on Growth Strategy

Commenting on the development, Nishant Pitti, Founder & CMD of EaseMyTrip, emphasized the company's focus on sustainable growth and long-term value creation. "We have built this company by staying focused on the basics and thinking long term. The proposed capital raise of up to ₹500 crore is about being ready. It gives us the flexibility to invest at the right time, whether in technology or strategic opportunities that fit our larger vision," Pitti stated.

Segment-wise Revenue Performance

The company's business segments showed varied performance during Q3 FY26. Air passage remained the largest revenue contributor, followed by hotel packages and other services.

Corporate Developments and Exceptional Items

Easy Trip Planners announced the incorporation of a new wholly owned subsidiary, EaseMyTrip Academy Private Limited, approved by the Board on January 19, 2026. The financial results were significantly affected by exceptional items related to a General Sales Agent agreement with an airline operator under the government's UDAAN scheme, with a provision of ₹509.57 million made in the previous quarter.

Easy Trip Planners Limited has issued a public announcement dated February 13, 2026, in compliance with directions received from the National Stock Exchange of India (NSE). The announcement addresses regulatory compliance requirements related to the company's preferential equity share issuance in connection with its proposed acquisition of AB Finance Private Limited.

Regulatory Compliance Background

The public announcement follows a series of regulatory communications initiated with a Postal Ballot Notice dated November 4, 2025. The company had sought member approval through special resolutions for the proposed issuance of equity shares on a preferential basis. Subsequently, NSE issued directions requiring additional compliance measures, prompting the company to issue a corrigendum on November 21, 2025, and announce the voting results on December 8, 2025.

AB Finance Acquisition Details

The proposed acquisition involves the entire paid-up share capital of AB Finance Private Limited. This transaction will result in Easy Trip Planners issuing and allotting more than 5% of its post-issue share capital, triggering compliance requirements under SEBI regulations. Specifically, the company must adhere to Regulation 166A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018.

Valuation and Pricing Structure

To comply with regulatory requirements, the company obtained an independent valuation report from Samarth Valuation Advisory LLP, a registered valuer with IBBI Registration No.: IBBI/RV-E/06/2021/157. The valuation report, dated October 24, 2025, formed the basis for determining the equity share pricing.

The issue price of INR 9.19 per equity share includes a premium of INR 8.19 per share, as originally mentioned in the Postal Ballot Notice dated November 4, 2025.

Regulatory Framework Compliance

The public announcement emphasizes that the company has fully complied with Regulation 166A provisions by obtaining the required independent valuation report and incorporating its findings into the pricing determination. This regulation mandates companies to obtain professional valuations when issuing shares representing more than 5% of post-issue share capital.

Document Integration

The company has clarified that the current public announcement must be read in conjunction with previously issued documents, including the Corrigendum dated November 21, 2025, and the original Postal Ballot Notice dated November 4, 2025. Importantly, the announcement does not alter the contents or terms and conditions of either the corrigendum or the original postal ballot notice.

The announcement was signed by Priyanka Tiwari, Group Company Secretary and Chief Compliance Officer, and filed with both BSE Limited and the National Stock Exchange of India Limited for public dissemination and regulatory compliance.