Subscribe to Easy Outing Planners: Anand Rathi

Anand Rathi has reach out with its story on Easy Outing Planners. The analysis firm has suggested to ''Subscribe'' the IPO in its analysis story as on March 06, 2021.

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March 08, 2021 / 01: 59 PM IST

Anand Rathi IPO story on Easy Outing Planners

Easy Outing Planners Ltd. is ranked 2nd among the Key Online Crawl Companies in India by formulation of reserving volume in the 9 months ended December 31, 2020 and third among Key Online Crawl Companies in India by formulation of scandalous reserving revenues in Fiscal 2020. The firm is the supreme winning on-line tear agency among Key Online Crawl Companies in India in Fiscals 2018, 2019 and 2020. The firm had the supreme CAGR from Fiscal 2018 to Fiscal 2020 by formulation of scandalous reserving income and working revenues among the Key Online Crawl Companies in India. It’s Faulty Reserving Revenues elevated by 51.04% from ₹ 19,450.63 million in Fiscal 2018 to ₹ 29,377.75 million in Fiscal 2019, and by 43.13% from ₹ 29,377.75 million in Fiscal 2019 to ₹ 42,047.30 million in Fiscal 2020. It’s Faulty Reserving Revenues amounted to ₹ 12,207.57 million in the 9 months ended December 31, 2020. It’s market share in the total Indian on-line tear agency industry by formulation of scandalous reserving revenues and scandalous reserving revenues for airline ticketing section turned into as soon as approximately 4.6%, and 5.5% to 6.5%, respectively, in Fiscal 2020.


Valuation and Outlook

At the upper end of the IPO tag band, it is offered at 58.62x its FY20 earnings, with a market cap of Rs. 2032 crores. There are no listed entities in India whose change portfolio is related with that of its change. Given the firm’s solid working and financial performance in a extremely competitive and rising industry; in conjunction with solid margins, RoNW of 32.58% in FY20, solid balance sheet and administration - we give this IPO a "Subscribe" ranking.

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