News · Mobility & Logistics
EaseMyTrip shares hit all-time low as mutual funds exit
By Startup Enthusiast ·
- 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
More on EaseMyTrip
- EaseMyTrip plans ₹500 Cr capital raise to expand hotels and holidays segments13 September 2026 · Funding · ₹500 crore
- Cofounder pledges 8.66% stake worth ₹211.9 Cr11 September 2026 · Stake sale · ₹211.9 Cr
- EaseMyTrip posts net loss of ₹11.7 crore in Q114 August 2026 · Results
- EaseMyTrip reports FY26 net loss of Rs 47.6 crore1 June 2026 · Results
- Mutual funds exit EaseMyTrip as profits collapse20 April 2026 · Results
- EaseMyTrip and ixigo issue travel advisories amid Iran-Israel conflict28 February 2026 · News
- EaseMyTrip offers flight, hotel, and travel booking services16 February 2026 · Analysis
- EaseMyTrip board approves ₹500 crore fundraise16 February 2026 · Funding · ₹500 Cr (~$55 Mn)
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