Le Travenues Technology receives a 'Sell' rating from MarketsMOJO, suggesting concerns about possible below-par performance in the near future. Investors may want to reconsider their holdings.
Le Travenues Technology Limited
IXIGOPrice History
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Le Travenues receives a Buy recommendation from JM Financial, with the current market price standing at ₹170.9 (as of May 22), suggesting potential growth in the near future. Investors might want to consider adding this stock to their portfolios.
Le Travenues Tech's profit after tax for Q4 FY26 surged by 91% year-over-year, reaching INR 32.1 crore. This comes alongside a 25% increase in Gross Transaction Value to INR 18,692.7 crore and a 34% jump in revenue to INR 1,228 crore.
Le Travenues experienced a 24% drop in Q4 EBITDA, with profits decreasing from ₹248M to ₹200M year-on-year. The margin also shrank significantly, falling from 8.73% to 6.5%.
In the fiscal year 2026, Le Travenues Technology Ltd (ixigo) reported a significant 34% increase in revenue, reaching INR 1,228 crores. The company aims for further growth by leveraging artificial intelligence technologies.
Le Travenues Tech recently disclosed their Q4 and full-year 2026 financial results, emphasizing technological advancements in the travel industry. Key aspects presented were standalone and consolidated figures indicating strong performance within this sector.
ixigo projects a total Gross Transaction Value (GTV) of approximately INR 1.87 billion by FY26, marking a 25% year-over-year increase and revenue growth of 34% YoY to INR 12.28 billion. The company has also launched an AI tool called 'ixigo NEXT'. However, the train segment faces a single-digit decline due to regulatory factors.
ixigo's Q4 profit surged 91% YoY to INR 32 crores, and total revenue hit INR 308 crores. For the entire FY26, the company reported INR 1,228 crore in revenue, with flight-related GTV accounting for a significant portion at INR 2,018 crores.
The Indian stock market suffered a loss of Rs 6 lakh crore due to concerns over discretionary sectors following Prime Minister Modi's speech. Notably, the Titan and Kalyan stocks plummeted by up to 12%. Conversely, electric vehicle (EV) and green mobility stocks like Tata Motors and Ather Energy saw an upward trend due to their lower oil dependency themes.
Le Travenues Technology Ltd will reveal its Q4FY26 financial results on May 21, 2026. An earnings call is set for the same day at 6 PM IST. You can find the results on the company's website, NSE, or BSE platforms.