Le Travenues Technology Ltd
NSE: IXIGO BSE: 544192IT / Software
Incorporated in 2007, Le Travenues Technology Ltd is running online platforms to provide information and booking services for the travel industry. It also provides software development & maintenance services to its customer[1][2]
₹162
52W: ₹147 — ₹339
PE 87.5 · Book ₹15.7 · +932% vs bookMarket Cap₹7,091 Cr
Stock P/E87.5Price to Earnings
ROCE14.7%Return on Capital
ROE11.5%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 58.8% CAGR over last 5 years
Weaknesses
- −Stock is trading at 10.3 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 9.35% over last 3 years.
- −Earnings include an other income of Rs.31.4 Cr.
Shareholding Pattern
Promoters0%
FIIs64.19%
DIIs10.1%
Public25.71%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| FIIs | 58.18% | 59.83%▲1.6 | 61.07%▲1.2 | 59.48%▼1.6 | 59.9%▲0.4 | 59.64%▼0.3 | 63.7%▲4.1 | 64.19%▲0.5 |
| DIIs | 9.94% | 8.5%▼1.4 | 8.19%▼0.3 | 9.74%▲1.6 | 10.94%▲1.2 | 9.37%▼1.6 | 9.32%▼0.0 | 10.1%▲0.8 |
| Public | 31.88% | 31.66%▼0.2 | 30.74%▼0.9 | 30.77%▲0.0 | 29.16%▼1.6 | 30.99%▲1.8 | 27.01%▼4.0 | 25.71%▼1.3 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 162 | 171 | 165 | 182 | 206 | 241 | 281 | 311 | 279 | 313 |
| Expenses | 160 | 152 | 149 | 165 | 189 | 220 | 257 | 285 | 268 | 286 |
| Operating Profit | 1 | 18 | 15 | 17 | 18 | 21 | 25 | 26 | 11 | 27 |
| OPM % | 1% | 11% | 9% | 9% | 9% | 9% | 9% | 8% | 4% | 9% |
| Net Profit | 0 | 34 | 10 | 11 | 15 | 17 | 20 | 22 | 9 | 27 |
| EPS ₹ | 0.01 | 0.9 | 0.27 | 0.28 | 0.38 | 0.45 | 0.52 | 0.57 | 0.24 | 0.62 |
AI Insights
Revenue Trend
TTM revenue at ₹1,185Cr, up 30.1% YoY. OPM at 8%.
Debt Position
Borrowings at ₹25Cr. Debt-to-equity ratio: 0.04x. Healthy balance sheet.
Institutional Flow
DIIs: 10.1% (+0.16pp change). FIIs: 64.19% (+6.01pp change). Promoters hold 0%.
Margin & Efficiency
ROCE improving from 0% (Mar 2019) to 15% (Mar 2025). Working capital days: -23.
Valuation
PE 87.5x with 14.7% ROCE. Price is 932% above book value of ₹15.7. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 May - Monitoring agency reports for IPO and preferential issue show no deviation; ₹366.71 crore utilized in Q4FY26.
- Media Release - Ixigo Reimagines Travel With A Fully AI-Native App; Reinvents TARA As A Multimodal AI Assistant And Introduces Agentic Travel Flows 13 May - ixigo launched an AI-native app with TARA, Trip Mode, and agentic travel flows on 13 May 2026.
- Media Release - Confirmtkt Launches AI Seat Finder, Rolls Out Unconventional Campaign With RCB Players 8 May - ConfirmTkt launches AI Seat Finder on May 8, 2026, with RCB campaign featuring Virat Kohli and others.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 May - Earnings Call for the financial results for quarter and financial year ended on March 31, 2026, to be held on May 21, 2026
- Board Meeting Intimation for Approval Of The Financial Results For The Quarter And Financial Year Ended March 31, 2026 5 May - Board meets May 21, 2026 to approve FY26 results; earnings call scheduled same day at 6:00 PM IST.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Transcript