NNextResearch

Le Travenues Technology (ixigo) IXIGO

Mass-market travel app - India's largest IRCTC partner for train tickets, plus flights, buses (AbhiBus) and hotels

Mapped in 1 theme: Consumer Internet.

From publicly available information

Where Le Travenues Technology (ixigo) sits in the supply chain

Le Travenues Technology (ixigo) appears in 1 supply-chain layer in one theme, Consumer Internet.

Consumer Internet › Online travel

Operator

Other companies in this layer

View in the 3D map →

Revenue and profit

₹ CrFY22FY23FY24FY25FY26
Revenue3805016569141,228
Net profit−2123736071

Latest-year revenue ₹1,228 Cr (FY26, company-wide).

Strengths

  • Gross transaction value grew ~22% in Q2 FY27, with flights up ~37% and hotels up 2.6x
  • Strong Gen-Z and tier-2 user base built on trains
  • Profitable while investing in hotels and AI trip planning

Risks

  • Train bookings depend on IRCTC's partner terms
  • Thin take rates on flights; airline consolidation
  • Rising marketing spend for hotels

Common questions

What does Le Travenues Technology (ixigo) do?

Mass-market travel app - India's largest IRCTC partner for train tickets, plus flights, buses (AbhiBus) and hotels.

Where does Le Travenues Technology (ixigo) sit in the supply chain?

Le Travenues Technology (ixigo) (NSE: IXIGO) is mapped in 1 supply-chain layer: Online travel (Consumer Internet).

Who are Le Travenues Technology (ixigo)'s peers?

In the Online travel layer of Consumer Internet: Yatra Online, Easy Trip Planners (EaseMyTrip), MakeMyTrip (not NSE-listed) and IRCTC.

What is Le Travenues Technology (ixigo)'s market cap and valuation?

As of 6 Nov 2026: market cap ₹7,317 Cr, P/E 61.6x, ROCE 6.1%, ROE 4.8%, dividend yield 0%.