Le Travenues Technology (IXIGO) has announced its board meeting and earnings call schedule for the quarter and nine months ended December 31, 2025. The company will release its Q3FY26 financial results and provide stakeholders with detailed insights into its performance through a comprehensive earnings discussion.

Board Meeting and Results Release

The board of directors meeting is scheduled for Thursday, January 22, 2026, where the company will consider and approve both standalone and consolidated financial results. The announcement was made in compliance with Regulation 29 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Earnings Conference Call Details

The company will conduct a 60-minute earnings conference call immediately following the results announcement. The management team will discuss the company's performance and address questions from participants during this session.

Conference Call Schedule

Access Information

Participants can access the earnings call through multiple channels. The company has provided Express Join with DiamondPass™ for no wait time access, along with universal dial-in numbers and international toll-free options for various countries including Hong Kong, Singapore, UK, and USA.

The financial results will be available on the company's website at www.ixigo.com and on the official websites of National Stock Exchange of India Limited and BSE Limited. Additionally, both the call recording and transcript will be made available on the company's website for future reference.

Corporate Information

The announcement was signed by Suresh Kumar Bhutani, Group General Counsel, Company Secretary & Compliance Officer. For investor-related queries, stakeholders can contact Puneet Aggarwal at investors@ixigo.com . The company's registered office is located at Second Floor, Veritas Building, Sector-53, Golf Course Road, Gurgaon-122 002, Haryana.

Le Travenues Technology (Ixigo) shares experienced a strong rally of over 9% on January 13, reaching ₹232.55 per share and breaking a four-session losing streak. The surge came after JM Financial upgraded its rating on the stock to 'Buy' from 'Reduce', citing that the recent correction had created an attractive investment opportunity.

JM Financial's Investment Rationale

JM Financial's analysis revealed that Ixigo shares had corrected approximately 20% since the end of November 2024, primarily due to expectations of slower growth in the flights business during Q3 and Q4 FY26. The brokerage attributed this anticipated slowdown to recent industry disruptions and an unfavorable base effect from the Kumbh Mela benefit received in the previous year.

The domestic brokerage also highlighted uncertainty around margins due to the company's ramp-up in technology, supply-side, and promotional investments toward its hotels' online travel agency (OTA) business. However, JM Financial emphasized that these challenges represent a temporary earnings and sentiment overhang that should ease over the coming quarters.

Revised Target Price and Valuation

Despite the upgrade, JM Financial adjusted its target price downward to ₹275 per share from the previous ₹300 per share. This revision was based on a 4-8% cut in FY26-28E earnings estimates and a reduction in the target P/E ratio to 60x from 65x.

Long-term Growth Prospects

From a medium-to-long-term perspective, JM Financial believes Ixigo remains well-positioned to outperform peers. The brokerage highlighted several competitive advantages, including the company's effective cross-selling of services across various applications, sharp focus on superior customer experience, and robust traction for its differentiated value-added services.

The recent correction has materially improved the risk-reward profile, which prompted JM Financial's double upgrade from 'Reduce' to 'Buy'.

Stock Performance Analysis

The stock's recent performance shows mixed trends across different timeframes:

Currently, Ixigo trades at a P/E ratio of 164.28, with a market capitalization of ₹10,016.00 crore. The stock's volatility reflects the market's mixed sentiment regarding near-term challenges versus long-term growth potential in the online travel booking sector.