Yatra Online Limited (YATRA) AI Stock Analysis

• Market Cap: ₹29.39B
• Dividend Yield: N/A
• Average Volume (3M): 206.82K
• Price to Earnings (P/E): 53.0
• Beta (1Y): 1.66
• Revenue Growth: 82.79%
• EPS Growth: 208.75%
• Country: IN
• Employees: 1,297
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Services
• EPS (TTM): 0.91
• Shares Outstanding: 156,916,200
• 10 Day Avg. Volume: 327,857
• 30 Day Avg. Volume: 206,820
• PEG Ratio: -0.05
• Price to Book (P/B): 1.78
• Price to Sales (P/S): 1.76
• P/FCF Ratio: -16.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 4.26
• Revenue Forecast (FY): ₹9.36B

• Rating: 64 Neutral
• Price Target: ₹176.00 ▲(4.61% Upside)

Yatra Online Limited's overall stock score reflects strong financial performance and positive technical indicators, tempered by high valuation concerns. The company's robust revenue growth and improved profitability are significant strengths, but cash flow challenges and a high P/E ratio pose risks. Technical analysis suggests a positive trend, though caution is warranted due to potential overvaluation.

Yatra Online Limited Business Overview & Revenue Model

Company Description

Yatra Online Limited (YATRA) is a leading online travel agency in India, providing a comprehensive suite of travel services. The company operates in various sectors including flight and hotel bookings, holiday packages, and travel-related services. Yatra's core offerings include booking domestic and international flights, hotel accommodations, and vacation packages, catering to both leisure and business travelers. The platform also provides ancillary services such as travel insurance and car rentals, positioning itself as a one-stop solution for travel needs.

How the Company Makes Money

Yatra Online Limited generates revenue through multiple streams primarily focused on travel bookings. The company earns commissions from airlines and hotels for each booking made on its platform. Additionally, Yatra charges service fees on certain transactions, especially for customized holiday packages and travel services. The company also derives income from advertising partnerships and promotional collaborations with various travel-related businesses. Strategic alliances with airlines and hotels enhance its offerings and contribute to its revenue. Furthermore, ancillary services such as travel insurance and car rentals provide additional revenue opportunities, allowing Yatra to diversify its income sources.

Yatra Online Limited Financial Statement Overview

Summary

Yatra Online Limited shows strong revenue growth and improved profitability margins, indicating a positive trajectory. The balance sheet is solid with low leverage and strong equity, providing financial stability. However, cash flow challenges persist, with negative operating and free cash flows highlighting the need for enhanced cash management strategies.

Income Statement

Yatra Online Limited demonstrated robust revenue growth over the past year, with a notable 118.76% increase from 2024 to 2025. The Gross Profit Margin improved to 26.34% in 2025, signaling enhanced operational efficiency. Net Profit Margin turned positive at 4.62% in 2025, reflecting improved profitability. However, the EBIT Margin remains modest at 1.71%, suggesting room for improvement in operating performance. EBITDA Margin improved significantly to 9.64%, indicating better cash flow generation relative to revenue.

Balance Sheet

The balance sheet shows a stable Equity Ratio of 59.22% in 2025, indicating a strong capital structure with equity financing. The Debt-to-Equity Ratio is low at 0.10, reflecting prudent debt management. Return on Equity improved to 4.67% in 2025, showing positive shareholder returns. Despite these strengths, continued monitoring of asset utilization is advisable.

Cash Flow

The cash flow statement reveals a challenging operating environment with negative Operating Cash Flow of -768.09 million in 2025. However, Free Cash Flow showed improvement, albeit still negative at -830.70 million. The Operating Cash Flow to Net Income Ratio is negative, indicating cash flow challenges relative to reported profits. Attention to cash generation from core operations is essential.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.00B	7.91B	4.22B	3.49B	1.98B	1.25B
Gross Profit	2.49B	2.08B	994.00M	1.16B	680.50M	-37.29M
EBITDA	920.36M	762.48M	406.60M	538.67M	38.58M	-492.89M
Net Income	485.26M	365.74M	-45.10M	76.34M	-307.86M	-1.19B
Balance Sheet
Total Assets	0.00	13.23B	12.17B	6.81B	5.48B	5.63B
Cash, Cash Equivalents and Short-Term Investments	986.79M	1.86B	4.02B	1.02B	1.24B	1.95B
Total Debt	0.00	784.01M	853.90M	1.78B	628.18M	614.91M
Total Liabilities	-7.84B	5.40B	4.70B	5.12B	4.47B	4.39B
Stockholders Equity	7.84B	7.84B	7.47B	1.70B	1.01B	1.23B
Cash Flow
Free Cash Flow	0.00	-830.70M	-1.69B	-1.68B	-934.24M	963.25M
Operating Cash Flow	0.00	-768.09M	-1.42B	-1.53B	-833.86M	1.04B
Investing Cash Flow	0.00	776.31M	-2.34B	-166.74M	-84.45M	-211.09M
Financing Cash Flow	0.00	-979.65M	4.66B	1.38B	200.81M	64.58M

Yatra Online Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 168.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:YATRA, the sentiment is Positive. The current price of 168.25 is above the 20-day moving average (MA) of 158.52, above the 50-day MA of 156.33, and above the 200-day MA of 109.17, indicating a bullish trend. The MACD of 6.13 indicates Negative momentum. The RSI at 70.67 is Negative, neither overbought nor oversold. The STOCH value of 84.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:YATRA.

Yatra Online Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADVANIHOTR	68 Neutral	₹5.19B	20.96	―	3.39%	0.14%	7.90%
YATRA	64 Neutral	₹29.39B	52.95	―	―	82.79%	208.75%
ALANKIT	58 Neutral	₹3.14B	16.73	―	―	19.69%	-33.44%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Yatra Online Limited Corporate Events

Yatra Online Limited Reports Strong Q2 Earnings with Robust Growth

The recent earnings call for Yatra Online Limited painted a largely positive picture, underscored by robust financial performance and promising growth prospects. Despite some challenges, such as declining ticketing volumes and complexities in corporate restructuring, the overall sentiment was optimistic, buoyed by impressive revenue growth and profitability improvements.

Yatra Online Reports Robust Q2 Growth with 48% Revenue Increase

Yatra Online Limited reported a significant 48% growth in revenues and a 96% increase in net profit for the second quarter of the fiscal year 2025-26. The company achieved a consolidated revenue of INR 3,509 million and a net profit of INR 143 million, driven by strong performance across its key segments, including hotels, packages, and MICE (Meetings, Incentives, Conferences, and Exhibitions). The company’s diversified business model and focus on cost optimization contributed to this robust growth. Additionally, Yatra signed 34 new corporate clients with an annual billing potential of INR 2.6 billion, and it improved its liquidity position by reducing gross debt significantly.

Yatra Online Limited Relocates Registered Office

Yatra Online Limited has announced a change in its registered office address, moving from Marathon Innova to the Iconic Building at Urmi Estate in Mumbai, effective August 29, 2025. This relocation is part of the company’s strategic decisions to optimize its operations, potentially impacting its logistical and administrative efficiencies.

Yatra Online Limited Reports Robust Q1 FY ’26 Growth

The recent earnings call for Yatra Online Limited painted a picture of robust performance, marked by significant revenue growth and improved profitability. The company demonstrated strategic expansion in its corporate client base and technological advancements, although it faced challenges in air ticketing volumes and the B2C segment due to external macroeconomic factors.