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Le Travenues Technology share price today

Le Travenues Technology Ltd · NSE: IXIGO · E-Commerce - Platform - Travel · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 19 October 2026

Le Travenues Technology share price today: ₹144.65 at the NSE close on 4 November 2026, down 48.4% in a year. Le Travenues Technology (NSE: IXIGO) is worth ₹6,387 crore, trades at a P/E of 53.8 and has closed between ₹139.10 and ₹280.40 over the past 52 weeks. Latest change: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare).

Turning aroundBusiness trend from the last 12 quarters
₹144.65Price −48.4% in a year
53.8×P/E lower than 99% of the last 2.4 years
₹321 CrRevenue (Sep 2026) +13.0% on a year ago
₹63.0 CrProfit (Sep 2026)
4.8%Operating margin +6.6 points on a year ago
6%ROCE FY26
5.4%ROIC against a 12.0% cost of capital: −6.6 points

Le Travenues Technology Ltd's earnings have grown faster than its share price. Earnings per share grew +7.1% in a year while the price moved −48.4%.

The main question: yearly earnings per share moved +7.1% while the share price moved −48.4%.

The price has been falling for 37 weeks, and the P/E is lower than 99% of its own last 2.4 years. Over the last four quarters, results have been improving, and 177% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.

What is the Le Travenues Technology share price today?

Le Travenues Technology Ltd's share price was ₹144.65 at the close on 4 November 2026. It has been falling for 37 weeks. That is 19.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹139 and ₹280, and at that close it sat 4% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Le Travenues Technology Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 13 weeks running.

1Y

Nov 2026: ₹145, 19.8% below its 200-day average. The price has been falling for 37 weeks.

  • Price ₹145
  • 50-day avg ₹157
  • 200-day avg ₹180
Nov 2026: ₹145, 19.8% below its 200-day average. The price has been falling for 37 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹270₹290₹224
7 Nov 2025₹280₹287₹225
14 Nov 2025₹277₹285₹228
21 Nov 2025₹265₹282₹230
28 Nov 2025₹267₹281₹232
5 Dec 2025₹234₹275₹233
12 Dec 2025₹256₹271₹234
19 Dec 2025₹257₹268₹235
26 Dec 2025₹257₹267₹236
2 Jan 2026₹242₹264₹237
9 Jan 2026₹219₹257₹236
16 Jan 2026₹233₹253₹236
23 Jan 2026₹205₹248₹235
1 Feb 2026₹200₹241₹234
6 Feb 2026₹213₹235₹233
13 Feb 2026₹197₹231₹232
20 Feb 2026₹187₹224₹230
27 Feb 2026₹170₹214₹227
6 Mar 2026₹170₹207₹225
13 Mar 2026₹162₹200₹222
20 Mar 2026₹174₹194₹219
27 Mar 2026₹182₹191₹217
17 Apr 2026₹179₹184₹212
24 Apr 2026₹167₹183₹211
30 Apr 2026₹168₹181₹209
8 May 2026₹168₹178₹207
15 May 2026₹166₹176₹205
22 May 2026₹171₹174₹203
29 May 2026₹168₹173₹202
4 Jun 2026₹153₹171₹200
5 Jun 2026₹156₹170₹199
10 Jun 2026₹156₹168₹198
12 Jun 2026₹178₹168₹197
17 Jun 2026₹195₹171₹197
19 Jun 2026₹190₹172₹197
24 Jun 2026₹185₹174₹197
25 Jun 2026₹190₹175₹197
1 Jul 2026₹214₹178₹197
3 Jul 2026₹222₹181₹197
10 Jul 2026₹207₹186₹198
17 Jul 2026₹200₹189₹198
24 Jul 2026₹185₹190₹198
31 Jul 2026₹198₹190₹198
7 Aug 2026₹176₹191₹198
14 Aug 2026₹174₹189₹197
21 Aug 2026₹170₹186₹195
28 Aug 2026₹163₹182₹194
4 Sep 2026₹167₹178₹192
11 Sep 2026₹159₹176₹191
18 Sep 2026₹166₹174₹190
25 Sep 2026₹157₹171₹188
28 Sep 2026₹155₹171₹188
1 Oct 2026₹162₹170₹187
9 Oct 2026₹151₹167₹186
16 Oct 2026₹144₹163₹184
23 Oct 2026₹147₹161₹182
30 Oct 2026₹139₹157₹180
4 Nov 2026₹145₹157₹180
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹145, 19.8% below its 200-day average. The price has been falling for 37 weeks.

  • Price ₹145
  • 50-day avg ₹157
  • 200-day avg ₹180
Nov 2026: ₹145, 19.8% below its 200-day average. The price has been falling for 37 weeks.
WeekPrice50-day avg200-day avg
21 Jun 2024₹169₹167₹166
28 Jun 2024₹157₹166₹166
5 Jul 2024₹170₹165₹166
12 Jul 2024₹172₹166₹166
19 Jul 2024₹171₹167₹166
26 Jul 2024₹177₹168₹166
2 Aug 2024₹177₹169₹167
9 Aug 2024₹163₹169₹167
16 Aug 2024₹155₹167₹166
23 Aug 2024₹168₹167₹166
30 Aug 2024₹165₹167₹166
6 Sep 2024₹157₹165₹166
13 Sep 2024₹156₹163₹165
20 Sep 2024₹145₹161₹165
27 Sep 2024₹146₹158₹164
4 Oct 2024₹148₹157₹163
11 Oct 2024₹154₹155₹162
18 Oct 2024₹164₹156₹162
25 Oct 2024₹144₹155₹162
1 Nov 2024₹149₹154₹161
8 Nov 2024₹147₹153₹160
14 Nov 2024₹144₹151₹160
22 Nov 2024₹143₹150₹159
29 Nov 2024₹143₹148₹158
6 Dec 2024₹142₹147₹157
13 Dec 2024₹154₹148₹157
20 Dec 2024₹165₹150₹157
27 Dec 2024₹178₹153₹158
3 Jan 2025₹179₹157₹159
10 Jan 2025₹153₹158₹159
17 Jan 2025₹145₹155₹158
24 Jan 2025₹138₹153₹157
1 Feb 2025₹158₹151₹156
7 Feb 2025₹159₹152₹156
14 Feb 2025₹145₹151₹156
21 Feb 2025₹140₹149₹155
28 Feb 2025₹134₹148₹155
7 Mar 2025₹134₹145₹153
13 Mar 2025₹126₹142₹152
21 Mar 2025₹141₹141₹152
28 Mar 2025₹142₹141₹151
4 Apr 2025₹140₹141₹151
11 Apr 2025₹141₹141₹150
17 Apr 2025₹158₹142₹150
25 Apr 2025₹150₹144₹150
2 May 2025₹145₹144₹150
9 May 2025₹152₹145₹150
16 May 2025₹177₹149₹151
23 May 2025₹174₹154₹152
30 May 2025₹176₹157₹153
6 Jun 2025₹171₹161₹154
13 Jun 2025₹187₹165₹156
20 Jun 2025₹172₹167₹157
27 Jun 2025₹179₹169₹158
4 Jul 2025₹171₹169₹158
11 Jul 2025₹175₹170₹159
18 Jul 2025₹217₹175₹161
25 Jul 2025₹220₹183₹164
1 Aug 2025₹231₹191₹167
8 Aug 2025₹235₹200₹170
14 Aug 2025₹269₹208₹174
22 Aug 2025₹281₹221₹179
29 Aug 2025₹270₹229₹183
5 Sep 2025₹293₹240₹188
12 Sep 2025₹309₹252₹194
19 Sep 2025₹285₹257₹198
26 Sep 2025₹279₹261₹202
3 Oct 2025₹286₹263₹205
10 Oct 2025₹318₹272₹210
17 Oct 2025₹331₹281₹215
24 Oct 2025₹320₹288₹220
31 Oct 2025₹270₹290₹224
7 Nov 2025₹280₹287₹225
14 Nov 2025₹277₹285₹228
21 Nov 2025₹265₹282₹230
28 Nov 2025₹267₹281₹232
5 Dec 2025₹234₹275₹233
12 Dec 2025₹256₹271₹234
19 Dec 2025₹257₹268₹235
26 Dec 2025₹257₹267₹236
2 Jan 2026₹242₹264₹237
9 Jan 2026₹219₹257₹236
16 Jan 2026₹233₹253₹236
23 Jan 2026₹205₹248₹235
1 Feb 2026₹200₹241₹234
6 Feb 2026₹213₹235₹233
13 Feb 2026₹197₹231₹232
20 Feb 2026₹187₹224₹230
27 Feb 2026₹170₹214₹227
6 Mar 2026₹170₹207₹225
13 Mar 2026₹162₹200₹222
20 Mar 2026₹174₹194₹219
27 Mar 2026₹182₹191₹217
17 Apr 2026₹179₹184₹212
24 Apr 2026₹167₹183₹211
30 Apr 2026₹168₹181₹209
8 May 2026₹168₹178₹207
15 May 2026₹166₹176₹205
22 May 2026₹171₹174₹203
29 May 2026₹168₹173₹202
4 Jun 2026₹153₹171₹200
5 Jun 2026₹156₹170₹199
10 Jun 2026₹156₹168₹198
12 Jun 2026₹178₹168₹197
17 Jun 2026₹195₹171₹197
19 Jun 2026₹190₹172₹197
24 Jun 2026₹185₹174₹197
25 Jun 2026₹190₹175₹197
1 Jul 2026₹214₹178₹197
3 Jul 2026₹222₹181₹197
10 Jul 2026₹207₹186₹198
17 Jul 2026₹200₹189₹198
24 Jul 2026₹185₹190₹198
31 Jul 2026₹198₹190₹198
7 Aug 2026₹176₹191₹198
14 Aug 2026₹174₹189₹197
21 Aug 2026₹170₹186₹195
28 Aug 2026₹163₹182₹194
4 Sep 2026₹167₹178₹192
11 Sep 2026₹159₹176₹191
18 Sep 2026₹166₹174₹190
25 Sep 2026₹157₹171₹188
28 Sep 2026₹155₹171₹188
1 Oct 2026₹162₹170₹187
9 Oct 2026₹151₹167₹186
16 Oct 2026₹144₹163₹184
23 Oct 2026₹147₹161₹182
30 Oct 2026₹139₹157₹180
4 Nov 2026₹145₹157₹180
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 2-year window.

Price stage: Rising from Oct 2025 to Feb 2026; Falling from Feb 2026 to Oct 2026.

Price stage: Falling from Jun 2024 to Jul 2024; Sideways from Jul 2024 to Aug 2024; Sideways from Aug 2024 to Sep 2024; Falling from Sep 2024 to Jun 2025; Rising from Jun 2025 to Feb 2026; Falling from Feb 2026 to Oct 2026.

Week by week since 2024: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 52 of 116 weeks

Week by week since 2024: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
21 Jun 2024no NIFTY 500 reading
28 Jun 2024no NIFTY 500 reading
5 Jul 2024no NIFTY 500 reading
12 Jul 2024no NIFTY 500 reading
19 Jul 2024no NIFTY 500 reading
26 Jul 2024no NIFTY 500 reading
2 Aug 2024no NIFTY 500 reading
9 Aug 2024no NIFTY 500 reading
16 Aug 2024no NIFTY 500 reading
23 Aug 2024no NIFTY 500 reading
30 Aug 2024no NIFTY 500 reading
6 Sep 2024no NIFTY 500 reading
13 Sep 2024no NIFTY 500 reading
20 Sep 2024−23.0%
27 Sep 2024−12.9%
4 Oct 2024−16.0%
11 Oct 2024−12.9%
18 Oct 2024−3.6%
25 Oct 2024−15.5%
1 Nov 2024−16.2%
8 Nov 2024−6.7%
14 Nov 2024−1.1%
22 Nov 2024−11.3%
29 Nov 2024−10.4%
6 Dec 2024−9.0%
13 Dec 2024+2.8%
20 Dec 2024+22.4%
27 Dec 2024+29.2%
3 Jan 2025+26.6%
10 Jan 2025+8.9%
17 Jan 2025−5.4%
24 Jan 2025+2.3%
1 Feb 2025+11.0%
7 Feb 2025+12.9%
14 Feb 2025+6.1%
21 Feb 2025+8.3%
28 Feb 2025+5.8%
7 Mar 2025+7.8%
13 Mar 2025−9.5%
21 Mar 2025−9.9%
28 Mar 2025−15.4%
4 Apr 2025−13.2%
11 Apr 2025−7.3%
17 Apr 2025+5.1%
25 Apr 2025+5.3%
2 May 2025−9.6%
9 May 2025−12.0%
16 May 2025+12.7%
23 May 2025+12.7%
30 May 2025+19.1%
6 Jun 2025+12.5%
13 Jun 2025+39.5%
20 Jun 2025+12.9%
27 Jun 2025+15.5%
4 Jul 2025+6.7%
11 Jul 2025+14.0%
18 Jul 2025+32.3%
25 Jul 2025+42.0%
1 Aug 2025+56.6%
8 Aug 2025+53.7%
14 Aug 2025+49.7%
22 Aug 2025+61.1%
29 Aug 2025+53.1%
5 Sep 2025+72.2%
12 Sep 2025+62.5%
19 Sep 2025+65.8%
26 Sep 2025+58.7%
3 Oct 2025+69.1%
10 Oct 2025+82.5%
17 Oct 2025+51.2%
24 Oct 2025+41.5%
31 Oct 2025+12.5%
7 Nov 2025+14.3%
14 Nov 2025−0.1%
21 Nov 2025−10.7%
28 Nov 2025−5.0%
5 Dec 2025−21.7%
12 Dec 2025−17.3%
19 Dec 2025−12.8%
26 Dec 2025−12.0%
2 Jan 2026−19.6%
9 Jan 2026−31.6%
16 Jan 2026−25.9%
23 Jan 2026−32.4%
1 Feb 2026−24.8%
6 Feb 2026−23.8%
13 Feb 2026−27.9%
20 Feb 2026−27.3%
27 Feb 2026−30.7%
6 Mar 2026−23.2%
13 Mar 2026−30.1%
20 Mar 2026−22.4%
27 Mar 2026−17.0%
17 Apr 2026−21.7%
24 Apr 2026−21.3%
30 Apr 2026−29.1%
8 May 2026−15.3%
15 May 2026−13.4%
22 May 2026−14.9%
29 May 2026−10.3%
4 Jun 2026−14.1%
5 Jun 2026−8.9%
10 Jun 2026−8.9%
12 Jun 2026+7.0%
17 Jun 2026+4.4%
19 Jun 2026−6.0%
24 Jun 2026+2.9%
25 Jun 2026+12.8%
1 Jul 2026+26.6%
3 Jul 2026+28.6%
10 Jul 2026+21.5%
17 Jul 2026+13.8%
24 Jul 2026+8.5%
31 Jul 2026+24.8%
7 Aug 2026+7.8%
14 Aug 2026+7.3%
21 Aug 2026−8.6%
28 Aug 2026−17.8%
4 Sep 2026−12.7%
11 Sep 2026−13.2%
18 Sep 2026−11.6%
25 Sep 2026−23.7%
28 Sep 2026−24.1%
1 Oct 2026−15.5%
9 Oct 2026−18.3%
16 Oct 2026−18.9%
23 Oct 2026−17.2%
30 Oct 2026−13.4%
4 Nov 2026−9.7%
Each bar is one week, from 2024 to now (116 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 2.4 years the share price moved −14% while the NIFTY 500 moved −2%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Le Travenues Technology this quarter?

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), indian funds and insurers (DIIs) raised their stake for 3 quarters in a row and highest quarterly profit in 15 quarters.

  1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

    In the September 2026 quarter revenue was ₹321 crore, +13% on a year earlier.

    Why: Revenue rose because trains recovered as festive advance bookings helped, and buses grew by adding supply, building the brand and improving the experience.

    Next results: check whether train growth holds after the Dussehra-Diwali festive bookings fade.

    From the earnings call on 19 Oct 2026.

  2. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

    From 9.3% to 17.1% of the company by the September 2026 quarter.

  3. Highest quarterly profit in 15 quarters

    Profit of ₹63 crore in the September 2026 quarter is the highest of the last 15 quarters.

What are Le Travenues Technology's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Le Travenues Technology reported revenue of ₹321 crore, up 13.0% from ₹284 crore a year earlier, and a profit of ₹63.0 crore, against a loss of ₹3.00 crore a year earlier.

Le Travenues Technology results: July to September 2026 against a year earlier

Le Travenues Technology results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹321 crore₹284 crore+13.0%
Profit₹63.0 croreloss of ₹3.00 crore—
Earnings per share₹1.39₹−0.08—
Operating margin4.8%−1.8%+6.6 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Le Travenues Technology's management discussed these results on a call held on 19 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the Le Travenues Technology share price history?

Le Travenues Technology closed at ₹144.65 on 4 November 2026, down 48.4% from ₹280.40 a year earlier (7 November 2025). Its highest weekly close since June 2024 was ₹331.30 on 17 October 2025.

Le Travenues Technology share price: then and now

Le Travenues Technology share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹139.10+4.0%
1 month ago · 1 Oct 2026₹161.90−10.7%
6 months ago · 8 May 2026₹168.38−14.1%
1 year ago · 7 Nov 2025₹280.40−48.4%
Earliest weekly close in our records · 21 Jun 2024₹169.00−14.4%
Highest weekly close since June 2024 · 17 Oct 2025₹331.30−56.3%
Lowest weekly close since June 2024 · 13 Mar 2025₹125.50+15.3%
52-week high (weekly close) · 7 Nov 2025₹280.40−48.4%
52-week low (weekly close) · 30 Oct 2026₹139.10+4.0%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

129 weekly closes from 21 June 2024 to 4 November 2026.

What is the latest news on Le Travenues Technology?

4 Nov 2026: Le Travenues Technology closed at ₹144.65, up 4.0% on the week and down 10.7% on the month. 19 Oct 2026: Le Travenues Technology held its results call for July to September 2026. Management guided: Hotel take rate to edge up over next 3-4 quarters, 16-17% achievable long term as direct mix rises.

Earlier

  • Results for July to September 2026: Revenue up 13.0% on a year earlier.

What dividend does Le Travenues Technology pay?

Le Travenues Technology has paid no dividend on the NSE since its first NSE close in our records (21 June 2024), the start of the period we checked.

No. Le Travenues Technology Ltd paid out 0% of its profit as dividends in each of its last 8 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

What did Le Travenues Technology management say on the latest results call?

On the call for July to September 2026, held on 19 October 2026, Le Travenues Technology's management guided: Hotel take rate to edge up over next 3-4 quarters, 16-17% achievable long term as direct mix rises.

“Our aspiration remains to become the largest player serving this part of the hotel market over the next 4-5 years.”Alok Bajpai, on the call for July to September 2026

What management guided

  • Hotels to stay fastest-growing GTV line with triple-digit growth planned next 4 quarters if execution lasts.
  • Overall operating profit to stay around mid-single-digit level with profitability guardrail never to be breached.
  • Flights to stay cautious with no aggressive growth guide while fares stay elevated, growing despite market fall the goal.
  • Flight discounts to stay at current comfort level at current fares with no further step-up planned.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 19 October 2026.

What to watch in Le Travenues Technology's next results?

When Le Travenues Technology reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: Train momentum beyond Dussehra-Diwali festive lift - check if growth tilt sustains once seasonal bookings fade.

Le Travenues Technology: what to watch next quarter
What to check (from the call)
Train momentum beyond Dussehra-Diwali festive lift - check if growth tilt sustains once seasonal bookings fade.
Flight fare and capacity normalization - check if net take recovers as affordability improves from discount-heavy quarter.

Which stock lists is Le Travenues Technology on?

Le Travenues Technology is on one of our India lists: 52 week high & low.

Is Le Travenues Technology profitable?

Le Travenues Technology Ltd earned ₹63.0 Cr of net profit in the Sep 2026 quarter. Full-year FY26 profit was ₹71.0 Cr. That is 19.6% of the quarter's revenue. The same quarter a year earlier lost ₹3.0 Cr. 1 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹71.0 Cr (+18.3% on the year before).

FY26 profit ₹71.0 Cr (+18.3% on the year before)

  • Net profit ₹71.0
FY26 profit ₹71.0 Cr (+18.3% on the year before)
QuarterNet profit
FY19−₹57
FY20−₹27
FY21₹8
FY22−₹21
FY23₹23
FY24₹73
FY25₹60
FY26₹71

Growth on a year earlier

  • Growth on a year earlier 18.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY19–
FY20–
FY21–
FY22−362.5%
FY23–
FY24217.4%
FY25−17.8%
FY2618.3%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 8-year window. A grey bar is lower than the year before.

Sep 2026: ₹63.0 Cr

  • Net profit (quarterly) ₹63.0
Sep 2026: ₹63.0 Cr
QuarterNet profit (quarterly)
Dec 2023₹31
Mar 2024₹7
Jun 2024₹15
Sep 2024₹13
Dec 2024₹16
Mar 2025₹17
Jun 2025₹19
Sep 2025−₹3
Dec 2025₹24
Mar 2026₹32
Jun 2026₹34
Sep 2026₹63

Growth on a year earlier

  • Growth on a year earlier 78.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023–
Mar 202440%
Jun 202487.5%
Sep 2024−51.9%
Dec 2024−48.4%
Mar 2025142.9%
Jun 202526.7%
Sep 2025−123.1%
Dec 202550%
Mar 202688.2%
Jun 202678.9%
Sep 2026–
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

On average over the last four quarters, profit changed +72.4% and revenue +16.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Le Travenues Technology make, and is it growing?

Le Travenues Technology Ltd reported ₹321 Cr of revenue in the Sep 2026 quarter, +13.0% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 7 years it has grown 63.1% a year on average. The last full year, FY26, came in at ₹1,228 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,306 Cr.

FY26 revenue was ₹1,228 Cr, +34.4% on the year before.

FY26 revenue ₹1,228 Cr (+34.4% on the year before), 63.1% a year over 7 years

  • Revenue ₹1,228
FY26 revenue ₹1,228 Cr (+34.4% on the year before), 63.1% a year over 7 years
QuarterRevenue
FY19₹40
FY20₹112
FY21₹136
FY22₹380
FY23₹501
FY24₹656
FY25₹914
FY26₹1,228

Growth on a year earlier

  • Growth on a year earlier 34.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY19–
FY20180%
FY2121.4%
FY22179.4%
FY2331.8%
FY2430.9%
FY2539.3%
FY2634.4%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 8-year window. A grey bar is lower than the year before.

Sep 2026: ₹321 Cr (+13.0% on a year earlier), the 11th quarter in a row of growth

  • Revenue (quarterly) ₹321
Sep 2026: ₹321 Cr (+13.0% on a year earlier), the 11th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹171
Mar 2024₹165
Jun 2024₹182
Sep 2024₹206
Dec 2024₹242
Mar 2025₹284
Jun 2025₹316
Sep 2025₹284
Dec 2025₹320
Mar 2026₹308
Jun 2026₹357
Sep 2026₹321

Growth on a year earlier

  • Growth on a year earlier 13%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023–
Mar 202420.4%
Jun 202415.9%
Sep 202425.6%
Dec 202441.5%
Mar 202572.1%
Jun 202573.6%
Sep 202537.9%
Dec 202532.2%
Mar 20268.5%
Jun 202613%
Sep 202613%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +16.7% on average, against 63.1% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +16.0%, against +34.3% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +212.2%, against +52.3% a year (accelerating).

How much of every ₹100 of sales does Le Travenues Technology keep?

Le Travenues Technology Ltd's operating margin was 4.8% in the Sep 2026 quarter, 6.6 percentage points higher than the same quarter a year ago. Across 8 years it has been between −134.0% and 8.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +6.7 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26: 5.0%, within a range of −134.0% to 8.0% over 8 years

  • Operating margin 5.0%
FY26: 5.0%, within a range of −134.0% to 8.0% over 8 years
QuarterOperating margin
FY19−134%
FY20−22%
FY212.4%
FY22−3.2%
FY236%
FY246%
FY258%
FY265%

Change on the year before (points)

  • Change on the year before (points) −3.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY19–
FY20+112.0 pts
FY21+24.4 pts
FY22−5.6 pts
FY23+9.2 pts
FY240.0 pts
FY25+2.0 pts
FY26−3.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 8-year window.

Sep 2026: operating margin 4.8% (+6.6 points on a year earlier)

  • Operating margin 4.8%
Sep 2026: operating margin 4.8% (+6.6 points on a year earlier)
QuarterOperating margin
Dec 20239%
Mar 20248%
Jun 20248%
Sep 20248%
Dec 20248%
Mar 20258%
Jun 20257%
Sep 2025−1.8%
Dec 20257%
Mar 20266%
Jun 20266%
Sep 20264.8%

Change on a year earlier (points)

  • Change on a year earlier (points) +6.6 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023–
Mar 2024−2.0 pts
Jun 2024+2.0 pts
Sep 2024+8.0 pts
Dec 2024−1.0 pts
Mar 20250.0 pts
Jun 2025−1.0 pts
Sep 2025−9.8 pts
Dec 2025−1.0 pts
Mar 2026−2.0 pts
Jun 2026−1.0 pts
Sep 2026+6.6 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Le Travenues Technology's profit turning into cash?

Over the last 3 years, 177% of Le Travenues Technology Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹196 Cr of operating cash against ₹71.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹257 Cr of spending on assets, free cash was −₹61.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹196 Cr against profit ₹71.0 Cr; 177% of 3 years' profit came in as cash

  • Operating cash ₹196
  • Net profit ₹71.0
  • Free cash −₹61
FY26: operating cash ₹196 Cr against profit ₹71.0 Cr; 177% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY19−₹42−₹57–
FY20₹34−₹27₹34
FY21−₹15₹8–
FY22−₹34−₹21–
FY23₹31₹23₹9
FY24₹43₹73₹59
FY25₹122₹60₹97
FY26₹196₹71−₹61
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 8-year window, yearly figures. FY21/FY22 was an acquisition year, so its point is cut off at the edge.

FY26: operating cash was 276% of profit (177% over three years)

  • Operating cash as % of profit 276%
  • Break-even line 100%
FY26: operating cash was 276% of profit (177% over three years)
QuarterOperating cash as % of profitBreak-even line
FY19–100%
FY20–100%
FY21−188%100%
FY22–100%
FY23135%100%
FY2459%100%
FY25203%100%
FY26276%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

Why 177% of profit came in as cash: the cash cycle got 57 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 7.0× depreciation over three years. The next section checks what that spending is building.

Where does Le Travenues Technology's cash go?

Le Travenues Technology Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 14 days in FY26, down from 71 days in FY21. It spent ₹266 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,228 Cr, each day of that cycle ties up about ₹3.4 Cr, so roughly ₹47.0 Cr is tied up in the business at any time.

FY26: a 14-day cash cycle, −57 days compared with FY21

  • Cash cycle 14d
  • Debtor days 14d
FY26: a 14-day cash cycle, −57 days compared with FY21
QuarterCash cycleDebtor days
FY19199d199d
FY2014d14d
FY2171d71d
FY228d8d
FY239d9d
FY2415d15d
FY2515d15d
FY2614d14d
Debtor days, inventory days, payable days and the full cash cycle, each year. 8-year window.

Spending on assets: ₹266 Cr over the last 3 years, against ₹38.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹257 Cr, work in progress ₹0.0 Cr, a build-out

  • Capex ₹257
  • Work-in-progress ₹0.0
FY26: capex ₹257 Cr, work in progress ₹0.0 Cr, a build-out
QuarterCapexWork-in-progress
FY20₹0₹0
FY21₹96₹0
FY22₹197₹0
FY23₹22₹8
FY24−₹16₹0
FY25₹25₹0
FY26₹257₹0
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Le Travenues Technology's P/E ratio, and how does it compare with its own history?

Le Travenues Technology Ltd's P/E is 53.8×, about the lowest it has ever been. Its usual P/E (the middle reading) is 122.5×, over 2.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹3.41.

P/E 53.8× against a usual 122.5×: about the lowest it has ever been

  • P/E 51.7×
  • Median 122.5×
P/E 53.8× against a usual 122.5×: about the lowest it has ever been
WeekP/EMedian
21 Jun 2024146.7×122.5×
28 Jun 2024136.2×122.5×
5 Jul 2024143.3×122.5×
12 Jul 2024144.8×122.5×
19 Jul 2024143.6×122.5×
26 Jul 2024148.9×122.5×
2 Aug 2024139.4×122.5×
9 Aug 2024128.8×122.5×
16 Aug 2024122.6×122.5×
23 Aug 2024132.9×122.5×
30 Aug 2024130.1×122.5×
6 Sep 2024123.9×122.5×
13 Sep 2024123.1×122.5×
20 Sep 2024114.3×122.5×
27 Sep 2024115.9×122.5×
4 Oct 2024116.9×122.5×
11 Oct 2024121.5×122.5×
18 Oct 2024129.7×122.5×
25 Oct 202488.2×122.5×
1 Nov 202491.6×122.5×
8 Nov 202489.9×122.5×
14 Nov 202488.5×122.5×
22 Nov 202487.5×122.5×
29 Nov 202487.8×122.5×
6 Dec 202486.9×122.5×
13 Dec 202494.4×122.5×
20 Dec 2024101.4×122.5×
27 Dec 2024109.1×122.5×
3 Jan 2025109.6×122.5×
10 Jan 202594.2×122.5×
17 Jan 202588.8×122.5×
24 Jan 202584.5×122.5×
1 Feb 2025126.1×122.5×
7 Feb 2025127.0×122.5×
14 Feb 2025116.0×122.5×
21 Feb 2025112.2×122.5×
28 Feb 2025107.1×122.5×
7 Mar 2025107.2×122.5×
13 Mar 2025100.4×122.5×
21 Mar 2025112.5×122.5×
28 Mar 2025113.3×122.5×
4 Apr 2025111.9×122.5×
11 Apr 2025113.0×122.5×
17 Apr 2025126.2×122.5×
25 Apr 2025120.0×122.5×
2 May 2025115.8×122.5×
9 May 2025121.6×122.5×
16 May 2025122.5×122.5×
23 May 2025120.4×122.5×
30 May 2025121.8×122.5×
6 Jun 2025118.2×122.5×
13 Jun 2025129.5×122.5×
20 Jun 2025119.0×122.5×
27 Jun 2025123.5×122.5×
4 Jul 2025118.3×122.5×
11 Jul 2025120.7×122.5×
18 Jul 2025132.8×122.5×
25 Jul 2025134.5×122.5×
1 Aug 2025141.1×122.5×
8 Aug 2025143.7×122.5×
14 Aug 2025164.3×122.5×
22 Aug 2025171.7×122.5×
29 Aug 2025165.4×122.5×
5 Sep 2025179.1×122.5×
12 Sep 2025188.9×122.5×
19 Sep 2025174.1×122.5×
26 Sep 2025170.7×122.5×
3 Oct 2025175.2×122.5×
10 Oct 2025217.8×122.5×
17 Oct 2025226.7×122.5×
24 Oct 2025218.8×122.5×
31 Oct 2025244.6×122.5×
7 Nov 2025244.6×122.5×
14 Nov 2025244.6×122.5×
21 Nov 2025241.0×122.5×
28 Nov 2025242.6×122.5×
5 Dec 2025212.2×122.5×
12 Dec 2025232.7×122.5×
19 Dec 2025233.2×122.5×
26 Dec 2025233.7×122.5×
2 Jan 2026219.6×122.5×
9 Jan 2026198.9×122.5×
16 Jan 2026211.5×122.5×
23 Jan 2026152.1×122.5×
1 Feb 2026148.8×122.5×
6 Feb 2026158.5×122.5×
13 Feb 2026146.4×122.5×
20 Feb 2026138.9×122.5×
27 Feb 2026126.7×122.5×
6 Mar 2026126.6×122.5×
13 Mar 2026120.4×122.5×
20 Mar 2026129.1×122.5×
27 Mar 2026135.2×122.5×
2 Apr 2026123.9×122.5×
10 Apr 2026126.5×122.5×
17 Apr 2026133.0×122.5×
24 Apr 2026124.0×122.5×
30 Apr 2026125.0×122.5×
8 May 2026125.2×122.5×
15 May 2026123.2×122.5×
22 May 2026101.3×122.5×
29 May 202699.6×122.5×
4 Jun 202690.0×122.5×
5 Jun 202692.0×122.5×
10 Jun 202691.7×122.5×
12 Jun 2026105.4×122.5×
17 Jun 2026114.5×122.5×
19 Jun 2026112.4×122.5×
24 Jun 2026108.8×122.5×
25 Jun 2026112.3×122.5×
1 Jul 2026125.9×122.5×
3 Jul 2026131.5×122.5×
10 Jul 2026122.6×122.5×
17 Jul 2026118.3×122.5×
24 Jul 2026109.8×122.5×
31 Jul 2026117.5×122.5×
7 Aug 202688.8×122.5×
14 Aug 202687.7×122.5×
21 Aug 202685.8×122.5×
28 Aug 202682.3×122.5×
4 Sep 202684.0×122.5×
11 Sep 202679.9×122.5×
18 Sep 202683.4×122.5×
25 Sep 202679.0×122.5×
28 Sep 202677.8×122.5×
1 Oct 202681.5×122.5×
9 Oct 202675.9×122.5×
16 Oct 202672.8×122.5×
23 Oct 202654.5×122.5×
30 Oct 202651.7×122.5×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹3
Earnings per share, 12 months
WeekEarnings per share, 12 months
21 Jun 2024–
28 Jun 2024₹1
5 Jul 2024₹1
12 Jul 2024₹1
19 Jul 2024₹1
26 Jul 2024₹1
2 Aug 2024₹1
9 Aug 2024₹1
16 Aug 2024₹1
23 Aug 2024₹1
30 Aug 2024₹1
6 Sep 2024₹1
13 Sep 2024₹1
20 Sep 2024₹1
27 Sep 2024₹1
4 Oct 2024₹1
11 Oct 2024₹1
18 Oct 2024₹1
25 Oct 2024₹1
1 Nov 2024₹1
8 Nov 2024₹1
14 Nov 2024₹1
22 Nov 2024₹1
29 Nov 2024₹1
6 Dec 2024₹1
13 Dec 2024₹1
20 Dec 2024₹1
27 Dec 2024₹2
3 Jan 2025₹2
10 Jan 2025₹2
17 Jan 2025₹2
24 Jan 2025₹2
1 Feb 2025₹2
7 Feb 2025₹2
14 Feb 2025₹2
21 Feb 2025₹2
28 Feb 2025₹2
7 Mar 2025₹2
13 Mar 2025₹2
21 Mar 2025₹2
28 Mar 2025₹1
4 Apr 2025₹1
11 Apr 2025₹1
17 Apr 2025₹1
25 Apr 2025₹1
2 May 2025₹1
9 May 2025₹1
16 May 2025₹1
23 May 2025₹1
30 May 2025₹1
6 Jun 2025₹1
13 Jun 2025₹1
20 Jun 2025₹1
27 Jun 2025₹1
4 Jul 2025₹1
11 Jul 2025₹1
18 Jul 2025₹1
25 Jul 2025₹1
1 Aug 2025₹1
8 Aug 2025₹1
14 Aug 2025₹1
22 Aug 2025₹1
29 Aug 2025₹1
5 Sep 2025₹1
12 Sep 2025₹1
19 Sep 2025₹1
26 Sep 2025₹2
3 Oct 2025₹2
10 Oct 2025₹2
17 Oct 2025₹2
24 Oct 2025₹2
31 Oct 2025₹2
7 Nov 2025₹2
14 Nov 2025₹2
21 Nov 2025₹2
28 Nov 2025₹2
5 Dec 2025₹2
12 Dec 2025₹2
19 Dec 2025₹2
26 Dec 2025₹1
2 Jan 2026₹1
9 Jan 2026₹1
16 Jan 2026₹1
23 Jan 2026₹1
1 Feb 2026₹1
6 Feb 2026₹1
13 Feb 2026₹1
20 Feb 2026₹1
27 Feb 2026₹1
6 Mar 2026₹1
13 Mar 2026₹1
20 Mar 2026₹1
27 Mar 2026₹1
2 Apr 2026₹1
10 Apr 2026₹1
17 Apr 2026₹1
24 Apr 2026₹1
30 Apr 2026₹1
8 May 2026₹1
15 May 2026₹1
22 May 2026₹1
29 May 2026₹1
4 Jun 2026₹1
5 Jun 2026₹1
10 Jun 2026₹1
12 Jun 2026₹1
17 Jun 2026₹1
19 Jun 2026₹1
24 Jun 2026₹1
25 Jun 2026₹2
1 Jul 2026₹2
3 Jul 2026₹2
10 Jul 2026₹2
17 Jul 2026₹2
24 Jul 2026₹2
31 Jul 2026₹2
7 Aug 2026₹2
14 Aug 2026₹2
21 Aug 2026₹2
28 Aug 2026₹2
4 Sep 2026₹2
11 Sep 2026₹2
18 Sep 2026₹2
25 Sep 2026₹2
28 Sep 2026₹2
1 Oct 2026₹2
9 Oct 2026₹2
16 Oct 2026₹2
23 Oct 2026₹2
30 Oct 2026₹3
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 2.4 years of history; short peaks above 245× are drawn at the top edge.

PEG 0.79: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.79×
  • PEG = 1.0 1.00×
PEG 0.79: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Q3 FY252.32×1.00×
Q4 FY251.66×1.00×
Q1 FY261.72×1.00×
Q2 FY262.42×1.00×
Q3 FY261.92×1.00×
Q4 FY261.40×1.00×
Q1 FY271.02×1.00×
Q2 FY270.79×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 8 quarters.
53.8×P/E · lower than 99% of its last 2.4 years
0.75PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved +7.1% while the price moved −48.4%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Le Travenues Technology business getting better or worse?

Le Travenues Technology Ltd's business is turning around. EPS growth has swung from −24.0% at its low to +175.0%, improving for 5 quarters in a row, with ROCE falling at 7.9%. This is based on 10 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +34.4% in FY26, profit +18.3%

  • Revenue growth 34.4%
Growth year by year: revenue +34.4% in FY26, profit +18.3%
QuarterRevenue growth
FY19–
FY20180%
FY2121.4%
FY22179.4%
FY2331.8%
FY2430.9%
FY2539.3%
FY2634.4%

Profit growth, EPS growth

  • Profit growth 18.3%
  • EPS growth 7.1%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY19––
FY20––
FY21––
FY22−300%−229.5%
FY23––
FY24217.4%250%
FY25−17.8%−24.1%
FY2618.3%7.1%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue rolling over, profit accelerating

  • Revenue 16%
Three growth lines over twelve quarters: revenue rolling over, profit accelerating
QuarterRevenue
Dec 2023–
Mar 2024–
Jun 202445.4%
Sep 202425.5%
Dec 202426.4%
Mar 202539.1%
Jun 202553.7%
Sep 202555.5%
Dec 202551.4%
Mar 202634.4%
Jun 202621.1%
Sep 202616%

Profit, EPS

  • Profit 212.2%
  • EPS 175%
Profit, EPS
QuarterProfitEPS
Dec 2023––
Mar 2024––
Jun 2024300%300%
Sep 202437.5%33.4%
Dec 2024−28.2%−29.2%
Mar 2025−16.4%−24%
Jun 2025−18.8%−23.9%
Sep 2025−25.8%−29.9%
Dec 202511.8%2.2%
Mar 202618%9%
Jun 202633.8%16.9%
Sep 2026212.2%175%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 7.9%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 202413.9%
Mar 202515.4%
Jun 202516.9%
Sep 202510.8%
Dec 202512.5%
Mar 20266.6%
Jun 20267.9%
Sep 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Turning downRevenue growth · latest +16.0%, range +16.0% to +55.5%
RisingProfit growth · latest +212.2%, range −28.2% to +370.6%
RisingEPS growth · latest +175.0%, range −29.9% to +397.8%
FallingROCE · latest 7.9%, range 6.6% to 16.9%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+34.4%+34.8%+55.3%—
Profit+18.3%+45.6%+54.8%—
EPS+7.1%+41.7%+30.3%—
Share price−48.4%———
+13.0%Revenue growth (Sep 2026) · latest quarter against a year ago
63.1%Revenue, 7 years · yearly growth over the long run

How much does Le Travenues Technology earn on its capital?

Le Travenues Technology Ltd earned a ROCE of 6% in FY26. That is up from a low of −126% in FY20. Its return on capital used (ROIC) is 6.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 5.8% net margin and 0.48× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 5.8% net margin × 0.48× asset turnover × 1.24× leverage (assets divided by equity) ≈ 3.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 5.4% − 12.0% = −6.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY26: ROCE 6%, the climb back from FY20's −126%

  • ROCE 6%
  • ROIC (annual) 6.3%
  • Cost of capital 12%
FY26: ROCE 6%, the climb back from FY20's −126%
QuarterROCEROIC (annual)Cost of capital
FY20−126%–12%
FY2113%–12%
FY22−9%−14.9%12%
FY238%7.1%12%
FY247%9.5%12%
FY2513%13.7%12%
FY266%6.3%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 7-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q2 FY27: ROCE 3.3% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 3.3%
  • ROIC (12 months) 6.7%
  • Cost of capital 12.0%
Q2 FY27: ROCE 3.3% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q3 FY247.2%–12%
Q4 FY247.7%–12%
Q1 FY25––12%
Q2 FY2510.6%–12%
Q3 FY25–14.5%12%
Q4 FY2512%14.1%12%
Q1 FY26–16.2%12%
Q2 FY267.9%17%12%
Q3 FY26–10.8%12%
Q4 FY262.7%11.5%12%
Q1 FY27–9.9%12%
Q2 FY273.3%6.7%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Le Travenues Technology have too much debt?

Le Travenues Technology Ltd has total debt of ₹19.0 Cr against shareholder equity of ₹2,182 Cr as of Sep 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.03 in FY23 to 0.02 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹44.0 Cr, 0.02× equity

  • Total debt ₹44.0
FY26: debt ₹44.0 Cr, 0.02× equity
QuarterTotal debt
FY23₹10
FY24₹46
FY25₹40
FY26₹44

Debt-to-equity

  • Debt-to-equity 0.02×
Debt-to-equity
QuarterDebt-to-equity
FY230.03×
FY240.10×
FY250.06×
FY260.02×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 4-year window.

Sep 2026: debt ₹19.0 Cr, debt-to-equity 0.01

  • Total debt (quarterly) ₹19.0
Sep 2026: debt ₹19.0 Cr, debt-to-equity 0.01
QuarterTotal debt (quarterly)
Dec 2023₹50
Mar 2024₹46
Jun 2024₹46
Sep 2024₹12
Dec 2024₹12
Mar 2025₹40
Jun 2025₹40
Sep 2025₹25
Dec 2025₹25
Mar 2026₹44
Jun 2026₹44
Sep 2026₹19

Debt-to-equity

  • Debt-to-equity 0.01×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.11×
Mar 20240.10×
Jun 20240.10×
Sep 20240.02×
Dec 20240.02×
Mar 20250.06×
Jun 20250.06×
Sep 20250.04×
Dec 20250.04×
Mar 20260.02×
Jun 20260.02×
Sep 20260.01×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Le Travenues Technology shareholding pattern?

Domestic institutions raised their stake in Le Travenues Technology Ltd by 8.6 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 17.1% of the company. Foreign institutions moved −3.3 points over the same period, to 56.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Why the owners changed: foreign institutions moved −3.3 points and domestic institutions +8.6 points over 8 quarters. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

Year ends: the public −5.1 points from Mar 2025 to Mar 2026

  • Foreign inst. 64.19%
  • Domestic inst. 10.1%
  • Public 25.71%
Year ends: the public −5.1 points from Mar 2025 to Mar 2026
QuarterForeign inst.Domestic inst.Public
Mar 202559.48%9.74%30.77%
Mar 202664.19%10.1%25.71%
Shareholding at each year end (March quarter), % of the company. 2 year ends on file.

Domestic institutions raised their stake by 8.6 points over 8 quarters

  • Foreign inst. 56.51%
  • Domestic inst. 17.08%
  • Public 26.4%
Domestic institutions raised their stake by 8.6 points over 8 quarters
QuarterForeign inst.Domestic inst.Public
Jun 202458.18%9.94%31.88%
Sep 202459.83%8.5%31.66%
Dec 202461.07%8.19%30.74%
Mar 202559.48%9.74%30.77%
Jun 202559.9%10.94%29.16%
Sep 202559.64%9.37%30.99%
Dec 202563.7%9.32%27.01%
Mar 202664.19%10.1%25.71%
Jun 202661.28%13%25.71%
Sep 202656.51%17.08%26.4%
Shareholding by owner group, % of the company, each quarter, last 10 quarters.

How far is Le Travenues Technology from balance-sheet trouble?

For Le Travenues Technology Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Le Travenues Technology rank in its industry?

38.7 out of 100, rank 2 of 4 in E-Commerce - Platform - Travel, with 66% of the evidence available.

Le Travenues Technology Ltd scores 38.7 out of 100 against the 4 companies it is compared with in E-Commerce - Platform - Travel, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 19.7 + 6.5 + 5 + 7.5 = 38.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Le Travenues Technology compared with?

Le Travenues Technology ranks 2 of 4 E-Commerce - Platform - Travel companies on the 4-Factor Sector Score, with 38.7 out of 100.

  1. 1Thomas Cook (India) LtdTHOMASCOOK · quiet · Evidence leans down · 75% evidence43.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 6.9/35 · Revenue -4.3% · Profit -18.5% · Operating margin change -0.5 points · 83% evidenceCapital efficiency 11.9/25 · ROCE 14.9% · Operating margin 4.5% · 76% evidenceValuation 12.7/20 · P/E 17.9× · PEG — · 35% evidenceRelative strength 11.9/20 · Lead over its industry 1.6% · Lead over NIFTY 500 -19.6% · 1 year -47.2% · 100% evidence · 4 of 12 weeks aheadExact sum: 6.9 + 11.9 + 12.7 + 11.9 = 43.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Le Travenues Technology Ltd this pageIXIGO · quiet · Evidence leans down · 66% evidence38.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.7/35 · Revenue 16% · Profit 100% · Operating margin change 6.6 points · 74% evidenceCapital efficiency 6.5/25 · ROCE 6.1% · Operating margin 4.8% · 100% evidenceValuation 5.0/20 · P/E 51.7× · PEG 3.65 · 50% evidenceRelative strength 7.5/20 · Lead over its industry — · Lead over NIFTY 500 -23.7% · 1 year -48.4% · 25% evidence · 1 of 12 weeks aheadExact sum: 19.7 + 6.5 + 5 + 7.5 = 38.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Easy Trip Planners LtdEASEMYTRIP · basing · Evidence leans down · 61% evidence37.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 7.9/35 · Revenue 1.5% · Profit -80% · Operating margin change -10.3 points · 62% evidenceCapital efficiency 4.3/25 · ROCE 0.6% · Operating margin -10% · 76% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 15.0/20 · Lead over its industry 11.1% · Lead over NIFTY 500 -11.3% · 1 year -25.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 7.9 + 4.3 + 10 + 15 = 37.2 · What this means: Relative strength against the index is -11.3%, and revenue and profit growth are weak.
  4. 4Yatra Online LtdYATRA · quiet · Evidence leans down · 71% evidence36.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 8.2/35 · Revenue 9.3% · Profit -35.8% · Operating margin change -4.4 points · 88% evidenceCapital efficiency 7.0/25 · ROCE 7.2% · Operating margin 6.6% · 100% evidenceValuation 14.2/20 · P/E 31.2× · PEG 0.88 · 50% evidenceRelative strength 7.5/20 · Lead over its industry — · Lead over NIFTY 500 -41.4% · 1 year -53.1% · 25% evidence · 5 of 12 weeks aheadExact sum: 8.2 + 7 + 14.2 + 7.5 = 36.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: E-Commerce - Platform - Travel, all 4 compared on one page.

Which companies are close to Le Travenues Technology in size?

Le Travenues Technology is the largest of 4 E-Commerce - Platform - Travel companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Thomas Cook (India), Easy Trip Planners and Yatra Online.

E-Commerce - Platform - Travel companies close in size

  1. Le Travenues Technology Ltd ₹6,138 crore
  2. Thomas Cook (India) Ltd ₹4,023 crore
  3. Easy Trip Planners Ltd ₹2,363 crore
  4. Yatra Online Ltd ₹1,076 crore

All 4 E-Commerce - Platform - Travel companies, largest first

Companies close in size in other industries

  1. Waterways Leisure Tourism Limited ₹6,166 crore
  2. FDC Ltd ₹6,138 crore · Pharma - Formulators
  3. Le Travenues Technology Ltd ₹6,138 crore
  4. Equitas Small Finance Bank Ltd ₹6,131 crore · Banks - Small Finance
  5. Ajax Engineering Ltd ₹6,127 crore · Capital Goods - EPC/Cranes

What else do people ask about Le Travenues Technology?

What is Le Travenues Technology's share price today?

Le Travenues Technology Ltd's share price is ₹144.65, −48.4% over the past year. The whole company is worth ₹6,387 Cr on the market.

In the last 52 weeks it traded between ₹139 to ₹280; today it is 4% of the way up from the low, 19.8% below its 200-day average (as of 4 November 2026).

What were Le Travenues Technology's latest quarterly results?

Le Travenues Technology Ltd reported revenue of ₹321 Cr and net profit of ₹63.0 Cr for the Sep 2026 quarter. Earnings per share were ₹1.39. The operating margin was 4.8%, 6.6 percentage points higher than a year earlier (as of 4 November 2026).

What is Le Travenues Technology's market cap?

Le Travenues Technology Ltd's market capitalisation is ₹6,387 Cr at a share price of ₹144.65. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

What is Le Travenues Technology's P/E ratio?

Le Travenues Technology Ltd's P/E is 53.8×, higher than 1% of its own last 2 years. Its usual level (the middle reading) is 122.5×. This compares the price with the company's own past; it is not a view on what the shares are worth (as of 4 November 2026).

How is Le Travenues Technology valued against its own history?

Against its own history, Le Travenues Technology Ltd's valuation is low: its P/E of 53.8× has been lower only 1% of the time in 2 years (usual level 122.5×).

This compares the price with the company's own past; it is not a view on what the shares are worth or where the price goes next (as of 4 November 2026).

How is Le Travenues Technology performing?

Le Travenues Technology Ltd's share price has been falling for 37 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 13 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will Le Travenues Technology's share price go up?

This page does not forecast Le Travenues Technology Ltd's share price. What it shows instead: the share price is ₹144.65, and it has been falling for 37 weeks. Its P/E of 53.8× is higher than 1% of its own last 2 years (as of 4 November 2026).

Does Le Travenues Technology have too much debt?

No, Le Travenues Technology Ltd has little debt: its debt is 0.02× its equity, and its operating profit is 21 times its interest bill. FY26 borrowings were ₹44.0 Cr against equity of ₹2,047 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Le Travenues Technology in its business cycle?

Le Travenues Technology Ltd's FY26 operating margin was 5.0%, against a 8-year range of −134.0% to 8.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 4.8%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Le Travenues Technology story?

The main question: yearly earnings per share moved +7.1% while the share price moved −48.4%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Le Travenues Technology a stock worth studying right now?

What the numbers show: Le Travenues Technology Ltd's earnings have grown faster than its share price. Earnings per share grew +7.1% in a year while the price moved −48.4%. The main open question: whether the price catches up with earnings that have already grown.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a Le Travenues Technology share price forecast for 2026?

What management itself guided: Hotel take rate to edge up over next 3-4 quarters, 16-17% achievable long term as direct mix rises.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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