Le Travenues

Why is Le Travenues Technology Ltd falling/rising?

As of 23-Jun, Le Travenues Technology Ltd's stock price is at Rs 189.05, down 2.48%, following a trend reversal after previous gains. Despite strong fundamentals, high valuation metrics and declining investor interest are contributing to the stock's current decline.

As of 23-Jun, Le Travenues Technology Ltd's stock price is falling, currently at Rs 189.05, reflecting a decrease of Rs 4.8 or 2.48%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 0.4% today, and the travel services sector has also experienced a decline of 2.02%. <BR><BR>Intraday trading showed volatility, with the stock reaching a high of Rs 197.8 but dropping to a low of Rs 188.2. Additionally, the weighted average price indicates that more volume was traded closer to the low price, suggesting selling pressure. Investor participation has decreased, with delivery volume falling by 25.78% compared to the five-day average, indicating reduced interest from investors.<BR><BR>Despite the company's positive fundamentals, such as being net-debt free and demonstrating healthy long-term growth with net sales increasing at an annual rate of 36.66%, the stock's valuation appears expensive. It has a return on equity (ROE) of 3.6 and a price-to-book value of 4, which is higher than its peers. The PEG ratio of 6.6 further suggests that the stock may be overvalued relative to its earnings growth. <BR><BR>Overall, the combination of sector underperformance, declining investor participation, and high valuation metrics contributes to the current downward movement in Le Travenues Technology Ltd's stock price.

Which are the latest news on Le Travenues?

Should I buy, sell or hold Le Travenues Technology Ltd?

What does Le Travenues do?

Le Travenues Technology Ltd is a Small Cap company in the Tour and Travel Related Services industry, reporting net sales of 308 Cr and a net profit of 32 Cr for March 2026. It was incorporated in 2006 and became a public company in 2021, with a market cap of INR 6,857 Cr.

Overview: <BR>Le Travenues Technology Ltd operates in the Tour and Travel Related Services industry and is categorized as a Small Cap company.<BR><BR>History: <BR>Le Travenues Technology Limited was incorporated in 2006 as a Private Company and later converted to a Public Limited Company in 2021. The most recent quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 308 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 32 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 6,857 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 91.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.45 <BR>Return on Equity: 3.63% <BR>Price to Book: 3.32 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Le Travenues?

As of 10th June, Le Travenues Technology Ltd has a market capitalization of 6,857.00 Cr, with net sales of 1,224.96 Cr and a net profit of 72.13 Cr over the latest four quarters. The company reported shareholder's funds of 633.62 Cr and total assets of 896.80 Cr for the annual period ending in March 2025.

As of 10th June, Le Travenues Technology Ltd has a market capitalization of 6,857.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Le Travenues reported net sales of 1,224.96 Cr and a net profit of 72.13 Cr.<BR><BR>For the latest annual period ending in March 2025, the company had shareholder's funds amounting to 633.62 Cr and total assets of 896.80 Cr.

Who are the peers of the Le Travenues?

Le Travenues' peers include I R C T C, TBO Tek, BLS International, Thomas Cook (I), Easy Trip Planning, Yatra Online, International Travel House, Voler Car, and Wise Travel. In terms of management risk, growth, and capital structure, they vary from excellent to below average, with Le Travenues showing a 1-year return of -16.32%.

Peers: The peers of Le Travenues are I R C T C, TBO Tek, BLS Internat., Thomas Cook (I), Easy Trip Plann., Yatra Online, Intl. Travel Hse, Voler Car, and Wise Travel.<BR><BR>Quality Snapshot: Excellent management risk is observed at I R C T C and TBO Tek, while Good management risk is found at Wise Travel, and Average management risk is present at BLS Internat., Le Travenues, Thomas Cook (I), Easy Trip Plann., Intl. Travel Hse, Voler Car, and the rest. Growth is Excellent at BLS Internat., Le Travenues, Thomas Cook (I), and Wise Travel, while Average growth is seen at TBO Tek, and Below Average growth is noted at Easy Trip Plann. and the rest. Excellent capital structure is attributed to I R C T C, TBO Tek, BLS Internat., Le Travenues, Easy Trip Plann., Intl. Travel Hse, while Good capital structure is found at Thomas Cook (I), Yatra Online, Voler Car, Wise Travel, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Easy Trip Plann. at -23.33%, while the lowest is BLS Internat. at -34.13%. Le Travenues has a 1-year return of -16.32%, which is better than BLS Internat. but worse than Easy Trip Plann. Additionally, several peers, including Yatra Online, Intl. Travel Hse, and BLS Internat., have negative six-month returns.

Are Le Travenues Technology Ltd latest results good or bad?

Le Travenues Technology Ltd's latest results show strong profitability with a 31.74% quarter-on-quarter net profit increase, but a 3.64% sequential decline in net sales raises concerns about operational stability. While profitability is encouraging, reliance on non-operating income suggests potential challenges ahead.

Le Travenues Technology Ltd's latest results present a mixed picture. On one hand, the company achieved a notable increase in profitability, with consolidated net profit rising to ₹31.96 crores, marking a 31.74% increase quarter-on-quarter and a remarkable 91.15% growth year-on-year. Additionally, the PAT margin expanded to 10.40%, up from 7.49% in the previous quarter, indicating improved profitability metrics.<BR><BR>However, the revenue side tells a different story. Net sales declined by 3.64% sequentially to ₹308.05 crores, although it did show an 8.41% increase year-on-year. This sequential drop raises concerns about the company's operational momentum. Furthermore, a significant portion of the profit before tax—55.70%—came from other income, which raises questions about the sustainability of earnings derived from core operations.<BR><BR>Overall, while the profitability metrics are encouraging, the decline in net sales and reliance on non-operating income suggest underlying operational challenges that investors should consider. Therefore, the results can be seen as good in terms of profitability but concerning regarding revenue stability and operational performance.

When is the next results date for Le Travenues Technology Ltd?

The next results date for Le Travenues Technology Ltd is 21 May 2026.

The next results date for Le Travenues Technology Ltd is scheduled for 21 May 2026.

Is Le Travenues technically bullish or bearish?

As of December 3, 2025, the technical trend is mildly bearish, supported by bearish MACD and RSI indicators, Bollinger Bands, and Dow Theory, despite some daily moving averages showing a mildly bullish signal.

As of 3 December 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bearish, and the RSI on a monthly basis is bearish. Bollinger Bands also indicate a bearish trend on the weekly chart. Additionally, the Dow Theory supports a mildly bearish outlook on both weekly and monthly time frames. While daily moving averages show a mildly bullish signal, the overall sentiment remains bearish due to the prevailing indicators.

How has been the historical performance of Le Travenues?

Le Travenues has experienced significant growth in net sales, rising from 379.58 Cr in Mar'22 to 914.25 Cr in Mar'25, with operating profit improving from a loss of 12.32 Cr to a profit of 80.87 Cr during the same period. Despite a decrease in profit after tax, the company has shown a strong upward trajectory in sales and profitability overall.

Answer:<BR>The historical performance of Le Travenues shows significant growth in net sales and profitability over the past four years.<BR><BR>Breakdown:<BR>Le Travenues has demonstrated a robust increase in net sales, rising from 379.58 Cr in Mar'22 to 914.25 Cr in Mar'25. The total operating income followed a similar trend, reaching 914.25 Cr in Mar'25, up from 379.58 Cr in Mar'22. The company's total expenditure also increased, from 391.90 Cr in Mar'22 to 833.38 Cr in Mar'25, primarily driven by employee costs and other expenses. Operating profit, excluding other income, improved significantly from a loss of 12.32 Cr in Mar'22 to a profit of 80.87 Cr in Mar'25. Profit before tax also saw a notable rise, moving from a loss of 17.60 Cr in Mar'22 to a profit of 90.82 Cr in Mar'25. However, profit after tax decreased from 78.97 Cr in Mar'24 to 69.35 Cr in Mar'25. The company's total assets grew from 537.97 Cr in Mar'22 to 896.80 Cr in Mar'25, while total liabilities increased from 537.97 Cr to 896.80 Cr in the same period. Cash flow from operating activities improved significantly, reaching 122.00 Cr in Mar'25 compared to -34.00 Cr in Mar'22, indicating a positive trend in cash generation. Overall, Le Travenues has shown a strong upward trajectory in sales and profitability, despite fluctuations in net profit.

Is Le Travenues overvalued or undervalued?

As of July 7, 2024, Le Travenues is considered very expensive and overvalued with a PE ratio of 118.11, significantly higher than its peers, despite a recent positive return of 12.94%.

As of 7 July 2024, the valuation grade for Le Travenues has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 118.11, an EV to EBITDA ratio of 78.44, and a Price to Book Value of 10.53. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Le Travenues stands out with a much higher PE ratio than Indian Railway Catering & Tourism Corp. Ltd., which has a PE of 48.77, and TBO Tek, with a PE of 66.15. Other competitors like Thomas Cook (India) Ltd. are valued more attractively with a PE of 30.89. While Le Travenues has shown some positive returns over the past month at 12.94%, it has underperformed the Sensex over the past week, which returned 1.35%. This combination of high valuation ratios and peer comparisons reinforces the conclusion that Le Travenues is overvalued.

Who are the top shareholders of the Le Travenues?

The top shareholders of Le Travenues include Foreign Institutional Investors (FIIs) with 59.47%, Saif Partners India IV Limited as the largest public shareholder at 14.02%, and mutual funds holding 4.95%. Individual investors own 7.69%, with no pledged promoter holdings or a single highest promoter.

The top shareholders of Le Travenues include a significant presence of Foreign Institutional Investors (FIIs), who hold 59.47% of the company's shares. Additionally, Saif Partners India IV Limited is the highest public shareholder with a stake of 14.02%. Mutual funds collectively hold 4.95% through 11 different schemes, while individual investors account for 7.69% of the holdings. Notably, there are no pledged promoter holdings, and there is no single promoter with the highest holding.

Has Le Travenues declared dividend?

No Dividend History Available