Le Travenues Technology (IXIGO) investor relations material

Executive summary

• Achieved all-time high GTV of ₹5,524.33 crore, up 19% YoY, with revenue from operations at ₹356.75 crore, up 13% YoY, and consolidated net profit at ₹34.24 crore, up 81% YoY.

• Adjusted EBITDA was ₹29.24 crore, reflecting intentional reinvestment in hotels and AI.

• Bus business led growth with 39% YoY GTV increase; hotel segment accelerated post-Brevistay acquisition, expanding direct supply and room nights.

• Continued market share gains across all categories despite macroeconomic and geopolitical headwinds, leveraging AI-driven customer experience and operational efficiency.

• Approved unaudited consolidated and standalone financial results for Q1 FY27, with a limited review report and unmodified opinion.

Financial highlights

• Q1 FY27 GTV: ₹5,524.33 crore (up 19% YoY); Revenue from operations: ₹356.75 crore (up 13% YoY); Adjusted EBITDA: ₹29.24 crore.

• Contribution margin for Q1 FY27: ₹144.94 crore (40.6% margin); PAT: ₹34.24 crore.

• Operating cash flow for FY26: ₹195.73 crore; total cash balance at FY26 end: ₹1,740.01 crore.

• Basic EPS (consolidated) for the quarter was ₹0.73, up from ₹0.49 in Q1 FY26.

• Employee benefits expense in FY26 included a one-off ESOP expense of ₹26.93 crore.

Outlook and guidance

• Remain cautious on near-term aviation passenger growth due to ongoing capacity cuts and high fares; expect improvement only with capacity restoration, likely in Q3.

• Management remains optimistic about long-term growth, focusing on strengthening core business, investing in hotels, and building an AI-native future.

• Marketing and ad spend will remain seasonal and strategic, targeting 4% of GTV on customer inducement costs.

• Further investments and acquisitions planned to support growth and international expansion.