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EaseMyTrip shares hit all-time low as mutual funds exit

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Date
Company
EaseMyTrip
What it does
Online travel booking platform
Kind
News
Sector
Mobility & Logistics

What they do

EaseMyTrip is an online travel agency offering flights, hotels, buses, trains, and holiday packages

What happened

Shares fell to ₹5.77 in March 2026; domestic mutual funds nearly exited, holding only 1,152 shares by Q4 FY26

Why it matters

Promoter Nishant Pitti pledged 98.89% of his holding, and net profit crashed 90% YoY in Q3 FY26

The details

  • EaseMyTrip shares hit an all-time low of ₹5.77 on March 30, 2026.
  • Domestic mutual funds nearly exited EaseMyTrip in Q4 FY26, holding only 1,152 shares by one unnamed fund.
  • Five mutual funds held 64.63 lakh shares (0.18% holding) in the December quarter.
  • Nine mutual funds held 84.61 lakh shares (0.24% stake) in Q4 FY25.
  • Seven mutual funds bought 58.22 lakh shares during EaseMyTrip's IPO in 2021.
  • Foreign portfolio investors (FPIs) held 5.14 crore shares (1.41% stake) at end of March 2026, up from 1.62 crore shares (0.44%) in December 2025.
  • Foreign investor holding dipped 61% YoY from 13.26 crore shares at end of March 2025.
  • Promoter Nishant Pitti pledged another 6.86 crore shares worth about ₹55 crore to Motilal Oswal Financial Services on March 24, 2026.

The bigger picture

  • Mutual funds have been reducing exposure to EaseMyTrip since its IPO, reflecting declining confidence.
  • Nishant Pitti has pledged 98.89% of his total holding (44.87 crore shares), representing 12.34% of EaseMyTrip's total share capital.
  • EaseMyTrip's net profit crashed 90% YoY to ₹3.4 crore in Q3 FY26 from ₹34 crore.
  • The company reported a net loss of ₹36 crore in Q2 FY26.
  • Promoter shareholding remained unchanged at 47.72%, but Nishant Pitti's stake reduced to 12.8% by end of FY25 from 28.13% a year ago.

About the business

  • EaseMyTrip offers flight, hotel, bus, train, holiday, cab, activities, and visa booking services.
  • It has EMTMate agent travel solution, EMTDesk corporate travel program, and EMTRoyale for prime members.
  • It offers EasyEloped for romantic getaways, EasyDarshan spiritual tours, and airport experience services.
  • It has EMT Wallet for discounts, gift cards, and an invite and earn program.
  • EaseMyTrip operates in India, UAE, UK, US, and Thailand with multi-currency support.
  • Customer support is available at 011-43131313 and Care@easemytrip.com.
  • EaseMyTrip 2.0 partners with scalable businesses in travel, beauty, wellness, insurance, and more.
  • It acquired stakes in Big Charter, Pflege Home Healthcare, and cheQin via share swap deals.

What happens next

  • EaseMyTrip plans to acquire up to 49% equity in startups under its EaseMyTrip 2.0 programme.
  • It is expanding presence in Brazil, signing MoUs with multiple companies for corporate travel ecosystem.

Investors

  • LIC (existing) — LIC retained **8.36 crore shares** (2.3% stake) at end of Q4 FY26, maintaining holding above 2% for over a year.
  • Jeewani Hospitality (existing) — Jeewani Hospitality held **5.49 crore shares** in EaseMyTrip.
  • Arthkumbh Ventures LLP (existing) — Arthkumbh Ventures LLP held **6.38 crore shares** (1.75% stake), bought 3.93 crore shares via block deal in February.

Founders

  • Nishant Pitti, Promoter
  • Rikant Pitti, CEO
  • Prashant Pitti, Former MD

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