E-Trav Tech – Valuation Summary
30 Jul, 2025
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)
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As of 21 Jan 2025 , total shares = 11,46,74,154
2. Current Market Price (Unlisted)
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₹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
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Revenue: ₹55 Cr
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PAT (Profit After Tax): ₹20Cr
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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 |
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On 30th March 2024, EaseMyTrip (Easy Trip Planners Ltd) invested ₹33 Cr at a valuation of ₹633 Cr, translating to ₹60 per share.
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On 21st May 2024, Minerva Ventures Fund infused ₹10.50 Cr at a valuation of ₹846 Cr, implying a share price of ₹70.
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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.
