where will the company get the growth from and for how long the company will show YOY growth
domestic air passenger count will go down in Q2 as compared to Q1, so will be the margin + compettitve intensity is back (corporate travel is back and EMT is not a player there)
now they will raise the money to put where? acquire something in non air space like some bus oerator or invest in discouting to build hotel business:)
coming soon-- another share split to give some lollypoop to investors
Per the Founder/Directors, they will not be spending anything additional to boost their airline business as they believe they are already well placed there. Any tailwinds in the air travel sector will also help them. All their future spends/investments/in-organic growth will be focused towards Bus/Hotels/Travel business as that is where they see they have a huge market to address and with higher margins.
Share in domestic market is at a reasonable level which requires them to just mantain their Operating expenses and not expand here. Raising human resources in domestic market makes lesser sense as they might need to work aggresively on the international front. Thus the NZ and Dubai expenses in recent past. Also, gaining share in hotels - buses and other adjacencies makes more sense vs others.
if share in domestic market just needs to be maintained and margins are going to get lesser and competition intensity will go up, how will this company show growth in profits by 25% year on year? what is the lever??
starting next year, (ignoring the base effect), it will grow at 6-8%, the 2 airlines will have 90% of market share (tata owns airindina/vistara. air asia)ā¦ supplie direct will increase too
now what p/e you will be comfortable buying and what growth in profit would you expect form next year after the low base thing is of the past
Lot many public announcement in recent time and besides company announced another bonus event ; events like Forbes, WhatsApp Announcement about success story, bonus issues, media coverage etc reminds me the shade of Tanla Platforms;
I Donāt have access of articles, advance thanks if one share gist of itā¦
Disc: Invested since ipo, no transaction since long. Idea is to present both pro/cons.
Unable to read entire article . Can you list down prime concerns . I saw a tweet by Nitin Mangal which was appropriately answered by Prashant Pitti . Didnāt found the concern raised very material .However if you can list down all the concerns , will help in further deep dive . thanks
Can you help with some logical numbers supporting your views . I see good traction in Air traffic and Hotel bookings , so wondering why EMT should not benefit
Yesterday Nishant pitti tweeted that they have done 35cr Sales in just one day by launching travel utsav offer. Later he deleted the tweet and edited the same as āmassive response to the salesā. If this is true then Q3 will be intresting to see after.
@sidkat2006 EaseMyTrip witnessed an unprecedented sale of more than INR 350 crores in the sale period from 6th to 16th October. It looks good that EaseMyTrip is gradually getting its ground. [Details may be found in BSE BSEINDIA] (Disc: Invested)
