30 Jul, 2025

E-Trav Tech – Valuation Summary

30 Jul, 2025,
144

E-Trav Tech – Valuation Summary (as of current market price ₹100/share)

About the Company: E-Trav Tech is a digital travel services platform engaged in providing booking solutions for bus, train, and ancillary travel services. The company leverages technology to offer B2B and B2C travel products through a network of agents and online platforms.

1. Total Shares Outstanding (Latest)

  • As of 21 Jan 2025 , total shares = 11,46,74,154

2. Current Market Price (Unlisted)

  • ₹100 per share (assumed)

3. Estimated Current Valuation

Valuation = Total Shares × Price per Share
= 11,46,74,154 × ₹100
= ₹1,146.74 Cr


A) FY24 Financial Performance

  • Revenue: ₹55 Cr

  • PAT (Profit After Tax): ₹20Cr

  • Implied P/E Ratio: ₹1,146.74 Cr ÷ ₹20 Cr = 57x


B) Valuation Growth Snapshot

Date Share Count Price/Share Estimated Valuation
30 Nov 2023 10,58,69,825 ₹60 ₹633 Cr
30 Sep 2024 11,28,69,825 ₹75 ₹846 Cr
Current (2025) 11,46,74,154 ₹100 ₹1,146 Cr
  1. On 30th March 2024, EaseMyTrip (Easy Trip Planners Ltd) invested ₹33 Cr at a valuation of ₹633 Cr, translating to ₹60 per share.

  2. On 21st May 2024, Minerva Ventures Fund infused ₹10.50 Cr at a valuation of ₹846 Cr, implying a share price of ₹70.

  3. Most recently, on 21st January 2025, the company raised approximately ₹13.53 Cr from 21 different investors at a valuation of ₹846 Cr, or ₹75 per share, based on the valuation as of 30th September 2024.


Conclusion

At ₹100 per share in the unlisted market, E-Trav Tech is currently valued at approximately ₹1,146.74 Crores. Based on FY24 financials, the company trades at a P/E of ~57. Despite a relatively modest topline, strong PAT margins and positive investor sentiment have contributed to a consistent upward valuation trajectory.