{"id":57917,"date":"2025-07-17T15:50:00","date_gmt":"2025-07-17T10:20:00","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=57917"},"modified":"2025-11-10T13:38:36","modified_gmt":"2025-11-10T08:08:36","slug":"explained-why-ixigo-share-price-is-rising","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/explained-why-ixigo-share-price-is-rising\/","title":{"rendered":"Explained: Why Ixigo Share Price is Rising"},"content":{"rendered":"
<\/div>\n

<\/p>\n\n\n\n

India\u2019s travel story<\/a> is back and it\u2019s booming big time.<\/p>\n\n\n\n

After years of restrictions, revenge travel has turned into routine travel. Young Indians are prioritizing experiences over expenses, flights are packed, and hotel bookings are surging.<\/p>\n\n\n\n

Rising disposable incomes and flexible work lifestyles are only adding fuel to this trend.<\/p>\n\n\n\n

Even the Indian government is playing its part. It\u2019s pumping capital into infrastructure and working with states to upgrade top tourist destinations. It\u2019s a nationwide push to make India travel-ready<\/a> again.<\/p>\n\n\n\n

And right at the center of this boom\u2026 is Ixigo. A travel tech platform that\u2019s not just riding the wave, but helping create it.<\/p>\n\n\n\n

Today, the share price of Ixigo<\/a> rallied 20% in a single trading session.<\/p>\n\n\n\n

Ixigo Share Price<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Let\u2019s find out what\u2019s driving the surge and whether the momentum will continue. But first, let\u2019s understand what Ixigo does.<\/p>\n\n\n\n

About Le Travenues Technology – the Parent Company of Ixigo<\/h1>\n\n\n\n

Founded in 2006, Ixigo is India\u2019s largest travel platform, and is an online travel agency (OTA) that allows users to book train, flight, bus tickets, hotels and holiday packages.<\/p>\n\n\n\n

Ixigo Travel Platforms<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The company ranks as India’s largest OTA by user count and the second largest in terms of total reported gross transaction value (GTV).<\/p>\n\n\n\n

It provides train, flight, bus, and hotel booking services and has a 51% market share in railway ticket bookings. Additionally, it is India’s second-largest bus-ticketing OTA, operating through AbhiBus.<\/p>\n\n\n\n

Ixigo Revenue Mix – FY25 Revenue Rs 914 Crore<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Source: Investor Presentation<\/p>\n\n\n\n

Why Ixigo Share Price is Rising<\/h2>\n\n\n\n

In early trade today, shares of Le Travenues Technology, the parent company of travel aggregator Ixigo surged as much as 11% after it posted strong earnings for the quarter ended June 2025.<\/p>\n\n\n\n

The rally gained steam as the session progressed and by the end of the day, the stock was locked in the 20% upper circuit.<\/p>\n\n\n\n

For the quarter ended June 2025, Ixigo\u2019s revenue surged by 73% led by a growth in newer verticals, and a strong performance from its flights and buses business.<\/p>\n\n\n\n

The company’s flight business revenue increased by 148% from last year while bus business revenue almost doubled compared to the year ago period.<\/p>\n\n\n\n

Its train business also saw decent traction with a 29% YoY revenue growth.<\/p>\n\n\n\n

\"A<\/figure>\n\n\n\n

During the quarter, its gross transaction value (GVT) showed a strong 55% growth from last year.<\/p>\n\n\n\n

As a result, its operating profit surged by 53.4% while net profit also grew by 28% YoY.<\/p>\n\n\n\n

Financial Snapshot<\/h2>\n\n\n\n

Travel companies<\/a> mainly earn their revenue from commissions. By monitoring that, we can analyse whether the company is able to do more business than it did in previous years.<\/p>\n\n\n\n

In terms of revenue growth, Ixigo has outpaced its industry peers. In the last five years, the company’s revenue has grown at a CAGR<\/a> of 52%, whereas its net profit has grown at a CAGR of 49% during the same time.<\/p>\n\n\n\n

This growth is primarily because the company has a diversified business model, and has leveraged AI<\/a> to create an established presence for itself.<\/p>\n\n\n\n

Ixigo even repaid all its debt in the financial year 2022, and has undertaken a significant capex planned through the funds it raised via IPO (initial public offering<\/a>).<\/p>\n\n\n\n

Ixigo Financial Snapshot – FY21-FY25<\/p>\n\n\n\n

Particulars (Rs Cr.)<\/strong><\/td>FY21<\/strong><\/td>FY22<\/strong><\/td>FY23<\/strong><\/td>FY24<\/strong><\/td>FY25<\/strong><\/td><\/tr>
Revenue<\/td>136<\/td>380<\/td>501<\/td>656<\/td>914<\/td><\/tr>
EBITDA<\/td>3<\/td>-12<\/td>29<\/td>38<\/td>72<\/td><\/tr>
Margins (%)<\/td>2%<\/td>-3%<\/td>6%<\/td>6%<\/td>8%<\/td><\/tr>
Net Profit<\/td>8<\/td>-21<\/td>23<\/td>73<\/td>60<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Source: Screener, Company Reports<\/p>\n\n\n\n

What Next?<\/h2>\n\n\n\n

Looking ahead, Ixigo is gearing up to raise \u20b9750 crore to accelerate its next phase of growth\u2014both organically and via strategic acquisitions.<\/p>\n\n\n\n

It has been doubling down on emerging technologies like AI<\/a> and machine learning to sharpen user experience and stay ahead of the curve.<\/p>\n\n\n\n

These tech-first investments<\/a> have already powered its rapid rise\u2014and the company plans to keep that momentum going.<\/p>\n\n\n\n

The company\u2019s management attributed the recent growth to increasing demand from Gen Z and solo women travellers in the train and bus segments.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Source: Investor Presentation<\/p>\n\n\n\n

Ixigo is well established and has good growth plans which can help it capitalize on the growing demand for tourism. This is backed by the government’s efforts to boost tourism<\/a>, good infrastructure development, the rising influence of social media, and the growing need to experience new cultures.<\/p>\n\n\n\n

Overall, Ixigo’s management is optimistic about sustaining growth momentum, believing that ongoing investments in technology and product enhancements will yield significant long-term returns.<\/p>\n\n\n\n

One Stop Travel Solution Provider<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Source: Investor Presentation<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

With one of the highest monthly active user bases among OTA apps, Ixigo has firmly cemented its position in India\u2019s travel tech landscape.<\/p>\n\n\n\n

It commands a 51% market share in train bookings\u2014making it the largest player in this segment\u2014and is the second-largest bus ticketing OTA, with a 12.5% market share.<\/p>\n\n\n\n

What sets Ixigo apart is its smart, tech-driven service offering\u2014from real-time PNR predictions and seat alerts to personalised fare notifications and AI-powered customer support. It has also recently forayed into travel insurance, expanding its product suite even further.<\/p>\n\n\n\n

Looking ahead, the company aims to use its IPO<\/a> proceeds to invest in cloud infrastructure, scale up its tech stack, and pursue strategic acquisitions.<\/p>\n\n\n\n

Backed by strong fundamentals, ambitious growth plans, and powerful macro tailwinds\u2014like rising travel demand, government push for tourism<\/a>, and a digital-first generation\u2014Ixigo is well-positioned to ride India\u2019s travel boom in full throttle.<\/p>\n\n\n\n

That said, competition in the OTA space is fierce, and sustained success will depend on how well Ixigo continues to innovate, retain users, and maintain margins in a price-sensitive market.<\/p>\n\n\n\n

Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as a recommendation or investment advice by Equentis – Research & Ranking. We will not be liable for any losses that may occur. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI<\/a>, membership of BASL & the certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.<\/p>\n","protected":false},"excerpt":{"rendered":"

India\u2019s travel story is back and it\u2019s booming big time. After years of restrictions, revenge travel has turned into routine […]<\/p>\n","protected":false},"author":22,"featured_media":57919,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9,948],"tags":[1751,1750],"class_list":["post-57917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","category-stock-market-news","tag-tourism-stocks","tag-travel-stocks"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/57917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=57917"}],"version-history":[{"count":6,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/57917\/revisions"}],"predecessor-version":[{"id":63284,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/57917\/revisions\/63284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/57919"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=57917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=57917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=57917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}