EaseMyTrip Dubai GBR rises 53.7% to Rs 556.03 crore in Q2 FY27

EaseMyTrip.com reported Dubai gross booking revenue, or GBR, of Rs 556.03 crore in Q2 FY27, up 53.7% year on year from Rs 361.73 crore in Q2 FY26. The result was the highest value in the 10 quarters disclosed for Dubai, while consolidated GBR reached Rs 2,458.46 crore during the quarter.

How fast did EaseMyTrip's Dubai business grow in Q2 FY27?

EaseMyTrip's Dubai GBR rose by Rs 194.30 crore year on year to Rs 556.03 crore in Q2 FY27, from Rs 361.73 crore in Q2 FY26. Management attributed the 53.7% increase to continued traction in international travel and operational scale-up in Dubai. GBR measures booking value and is distinct from revenue from operations.

Dubai GBR also increased from Rs 461.81 crore in Q1 FY27 to Rs 556.03 crore in Q2 FY27, an increase of Rs 94.22 crore. That sequential gain followed Dubai GBR of Rs 453.33 crore in Q4 FY26, meaning both FY27 quarters reported so far exceeded the FY26 fourth-quarter level.

What does EaseMyTrip's 10-quarter Dubai record show?

EaseMyTrip's disclosed Dubai GBR increased from Rs 126.71 crore in Q1 FY25 to Rs 556.03 crore in Q2 FY27, a rise of Rs 429.32 crore across 10 reported quarters. The series was not higher in every quarter: GBR declined from Rs 172.51 crore in Q2 FY25 to Rs 170.48 crore in Q3 FY25 before increasing to Rs 231.67 crore in Q4 FY25.

The increase continued through FY26, when Dubai GBR moved from Rs 318.06 crore in Q1 FY26 to Rs 453.33 crore in Q4 FY26. The Q2 FY27 result was Rs 102.70 crore above the Q4 FY26 value, and management described the latest result as part of a sustained growth trajectory supported by international-travel demand and operational scale-up.

For H1 FY27, Dubai GBR was Rs 1,017.84 crore, up 49.8% year on year. The comparable H1 FY26 total was Rs 679.79 crore, calculated from the disclosed quarterly figures of Rs 318.06 crore in Q1 FY26 and Rs 361.73 crore in Q2 FY26, indicating that both FY27 first-half quarters were above their respective prior-year levels.

How significant was Dubai within EaseMyTrip's Q2 FY27 bookings?

EaseMyTrip's Dubai GBR of Rs 556.03 crore represented about 22.6% of consolidated Q2 FY27 GBR of Rs 2,458.46 crore, calculated from the presentation's reported figures. Consolidated GBR was Rs 1,958.70 crore in Q2 FY26, an increase of Rs 499.76 crore year on year, while Dubai contributed Rs 194.30 crore of that absolute increase.

For H1 FY27, consolidated GBR was Rs 4,829.42 crore and Dubai GBR was Rs 1,017.84 crore, equivalent to about 21.1% of the group total by calculation. The Q2 share was therefore about 1.5 percentage points above the first-half share, although the presentation does not provide a Dubai-specific split for revenue from operations or profit.

EaseMyTrip reported consolidated revenue from operations of Rs 157.99 crore in Q2 FY27, equal to 6.4% of GBR, compared with Rs 118.34 crore, or 6.0% of GBR, in Q2 FY26. Dubai is disclosed only as GBR, so its Rs 556.03 crore booking value cannot be treated as directly comparable with the group's reported revenue from operations.

What changed in EaseMyTrip's wider Q2 FY27 booking mix?

EaseMyTrip's Q2 FY27 GBR mix was led by flights at 69.6%, followed by hotels and holiday packages at 28.9% and trains, buses and others at 1.4%. Revenue from operations had a different composition, with hotels and holiday packages at 58.2%, flights at 35.7%, and trains, buses and others at 6.1%.

Hotel and holiday package room nights increased 87.5% year on year to 7.9 lakh in Q2 FY27 from 4.2 lakh in Q2 FY26. In H1 FY27, room nights reached 14.4 lakh, up 91.0% from 7.5 lakh in H1 FY26, providing a separate measure of growth in the non-air business.

Trains, buses and other transactions moved in the opposite direction, declining 39.0% to 2.0 lakh in Q2 FY27 from 3.3 lakh a year earlier. For H1 FY27, transactions in this segment fell 42.9% to 4.3 lakh from 7.6 lakh, while the presentation did not disclose segment-level GBR for this lower-volume category.

Conclusion

EaseMyTrip's Dubai GBR reached Rs 556.03 crore in Q2 FY27, the highest quarterly value in its disclosed 10-quarter series, and represented about 22.6% of consolidated GBR by calculation. The 53.7% year-on-year increase coincided with an 87.5% increase in hotel and holiday package room nights, while trains, buses and other transactions declined 39.0%.

The next Dubai disclosure will show whether the operation can extend the H1 FY27 GBR level of Rs 1,017.84 crore as management continues its stated operational scale-up. Investors can also watch for any future disclosure separating Dubai revenue from operations or profitability from its reported booking value.