Easy Trip Planners Limited has announced the incorporation of a wholly owned subsidiary company, EaseMyTrip Academy Private Limited, marking the travel company's strategic entry into the educational sector. The subsidiary was incorporated on February 17, 2026, under the corporate identity number U85306HR2026PTC142160.

Financial Structure and Capital Details

The newly incorporated subsidiary has been established with substantial financial backing from its parent company. The capital structure demonstrates Easy Trip Planners' commitment to this new venture.

Business Objectives and Strategic Direction

EaseMyTrip Academy Private Limited will operate in the educational industry with a specific focus on upskilling, professional and vocational training services. This represents a significant diversification from Easy Trip Planners' core travel and tourism business. The company stated that the new subsidiary will add a new revenue vertical and enable the business to carry on upskilling, professional and vocational training activities.

Leadership and Governance Structure

The subsidiary's governance structure maintains strong ties with the parent company's leadership. Promoters Nishant Pitti and Rikant Pittie, who are the promoters of Easy Trip Planners Limited, have been appointed as directors in the subsidiary company. The registered office of EaseMyTrip Academy Private Limited is located in Gurugram, Haryana.

Regulatory Compliance and Disclosure

The incorporation has been disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no governmental or regulatory approvals were required for the incorporation. As a newly incorporated entity, turnover details are not applicable at present, and no historical financial performance data is available for the three-year period typically required for such disclosures.

Market Expansion Strategy

This strategic move represents Easy Trip Planners' expansion beyond its traditional travel and tourism services into the growing education and training sector. The subsidiary will focus on providing professional development and vocational training services, potentially targeting the increasing demand for skill development in various industries. The establishment of this wholly owned subsidiary allows the parent company to maintain complete control over the new business vertical while exploring opportunities in the educational market.

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.