Yatra Online Limited (YATRA) AI Stock Analysis

Compare

2 Followers

Top Page

Yatra Online Limited

(YATRA)

Rating:67Neutral

Price Target:

₹161.00

▲(13.57% Upside)

Yatra Online Limited's overall stock score is driven by strong financial performance and positive earnings call sentiment. However, technical indicators suggest potential overbought conditions, and the stock's high valuation limits its attractiveness. Addressing cash flow challenges will be crucial for sustainable growth.

Yatra Online Limited (YATRA) vs. iShares MSCI India ETF (INDA)

Market Cap

₹22.24B

Dividend YieldN/A

Average Volume (3M)653.04K

Price to Earnings (P/E)45.8

Beta (1Y)1.55

Revenue Growth118.05%

EPS GrowthN/A

CountryIN

Employees1,297

SectorServices

Sector StrengthN/A

IndustryTravel Services

Share Statistics

EPS (TTM)1.02

Shares Outstanding156,916,200

10 Day Avg. Volume1,807,959

30 Day Avg. Volume653,038

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)0.00

Price to Sales (P/S)0.00

P/FCF Ratio0.00

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

₹158.00

Price Target Upside11.46% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering2

Yatra Online Limited Business Overview & Revenue Model

Company DescriptionYatra Online Limited (YATRA) is a leading online travel company primarily operating in the Indian subcontinent. It offers a comprehensive range of travel services, including domestic and international air ticketing, hotel bookings, holiday packages, and ancillary travel services such as rail tickets, bus tickets, and car rentals. Established to cater to both leisure and business travelers, Yatra aims to provide a seamless travel planning and booking experience through its user-friendly platform and extensive network of travel partners.

How the Company Makes MoneyYatra Online Limited generates revenue through multiple streams, primarily focusing on commissions earned from airline bookings, hotel reservations, and holiday packages. The company partners with various airlines and hotels, earning a commission for every booking made through its platform. Additionally, Yatra earns service fees from travelers for bookings and value-added services such as travel insurance and visa processing. The company also collaborates with corporate clients to provide managed travel services, which contribute to its revenue. Moreover, Yatra benefits from strategic alliances and marketing partnerships that enhance its service offerings and customer reach, further driving its revenue.

Yatra Online Limited Earnings Call Summary

Earnings Call Date:Aug 08, 2025

(Q1-2026)

% Change Since: 43.96%|

Next Earnings Date:Nov 12, 2025

Earnings Call Sentiment Positive

The earnings call reflected a strong overall performance with significant revenue growth, improved profitability, and strategic expansion in corporate clients and technology. However, there were challenges in air ticketing volumes and the B2C segment due to external factors.

Q1-2026 Updates

Positive Updates

Significant Revenue Growth

Revenue for Q1 FY '26 was INR 2.098 billion (USD 24.5 million), up 99.7% year-over-year, driven by strong demand in business channels and execution across platforms.

Improved Profitability

Profit for the quarter stood at INR 110 million (USD 1.3 million) compared to a loss of INR 0.8 million (USD 0.1 million) in the same quarter last year.

Surge in Adjusted EBITDA

Adjusted EBITDA was INR 206 million (USD 2.4 million), up 214% year-over-year, significantly surpassing the annual guidance of 30% growth.

Corporate Client Expansion

Onboarded 34 new corporate clients, adding an annual billing potential of approximately INR 2 billion.

Technological Advancements

Launched AI assistant DIYA and introduced a more refined user interface, enhancing user experience and operational leverage.

Negative Updates

Decline in Air Ticketing Volumes

Air ticketing passenger volumes declined 9% year-over-year, impacted by macroeconomic factors and an air crash in June 2025.

B2C Segment Challenges

B2C bookings declined marginally year-over-year, affected by macro events and consumer sentiment due to cross-border tensions.

Company Guidance

In Yatra's Fiscal First Quarter 2026 Financial Results Call, the company reported significant growth metrics, including a revenue increase of 99.7% year-over-year to INR 2.098 billion (approximately USD 24.5 million) and a gross margin rise of 36.6% year-over-year to INR 1.15 billion (USD 13.5 million). Profit for the quarter reached INR 110 million (USD 1.3 million), a turnaround from the previous year's loss of INR 0.8 million (USD 0.1 million). Adjusted EBITDA surged 214% year-over-year to INR 206 million (USD 2.4 million), far surpassing the annual guidance of 30% growth. Despite challenges such as cross-border tensions and an air crash, Yatra's corporate travel segment, which comprises two-thirds of its business, remained robust, onboarding 34 new corporate clients with an annual billing potential of INR 2 billion. The company's strategic focus on digital adoption, particularly in the underpenetrated corporate travel market, and new technology initiatives like the AI assistant DIYA, aim to drive future growth. Additionally, Yatra reduced its gross debt significantly from INR 546 million (USD 6 million) to INR 29 million (USD 0.3 million) as of June 30, 2025.

Yatra Online Limited Financial Statement Overview

Summary

Yatra Online Limited shows strong revenue growth and improved profitability, with notable gains in gross and net profit margins. The balance sheet reflects financial stability with low leverage. However, cash flow challenges persist, necessitating improved cash management strategies.

Income Statement

Positive

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

Positive

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

Neutral

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	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	7.91B	3.38B	3.62B	1.81B	1.08B
Gross Profit	2.08B	1.65B	1.74B	680.50M	324.75M
EBITDA	762.48M	538.67M	406.60M	38.58M	-492.89M
Net Income	365.74M	76.34M	-45.10M	-307.86M	-1.19B
Balance Sheet
Total Assets	13.23B	6.81B	12.17B	5.48B	5.63B
Cash, Cash Equivalents and Short-Term Investments	986.79M	1.00B	4.02B	1.24B	1.95B
Total Debt	784.01M	1.78B	853.90M	628.18M	614.91M
Total Liabilities	5.40B	5.12B	4.70B	4.47B	4.39B
Stockholders Equity	7.84B	1.70B	7.47B	1.01B	1.23B
Cash Flow
Free Cash Flow	-830.70M	-1.68B	-1.69B	-934.24M	963.25M
Operating Cash Flow	-768.09M	-1.53B	-1.42B	-833.86M	1.04B
Investing Cash Flow	776.31M	-166.74M	-2.34B	-84.45M	-211.09M
Financing Cash Flow	-979.65M	1.38B	4.66B	200.81M	64.58M

Yatra Online Limited Technical Analysis

Technical Analysis Sentiment

Positive

Last Price141.76

Price Trends

50DMA

94.08

Positive

100DMA

91.47

Positive

200DMA

95.34

Positive

Market Momentum

MACD

11.40

Negative

RSI

77.28

Negative

STOCH

85.50

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 141.76 is above the 20-day moving average (MA) of 102.86, above the 50-day MA of 94.08, and above the 200-day MA of 95.34, indicating a bullish trend. The MACD of 11.40 indicates Negative momentum. The RSI at 77.28 is Negative, neither overbought nor oversold. The STOCH value of 85.50 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

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADVANIHOTR	75 Outperform	₹5.28B	20.97		3.33%	1.07%	5.03%
YATRA	67 Neutral	₹22.24B	45.84		―	118.05%	―
Sector *	65 Neutral	CHF6.89B	12.14	16.30%	2.61%	2.10%	15.97%
ALANKIT	62 Neutral	₹4.03B	22.71		―	27.73%	-22.88%

* Services Sector Average

Performance Comparison

IN:YATRA

Yatra Online Limited

141.76

13.56

10.58%

IN:ADVANIHOTR

Advani Hotels & Resorts (India) Ltd.

57.09

-18.39

-24.36%

IN:ALANKIT

Alankit Limited

14.85

-11.01

-42.58%

Yatra Online Limited Corporate Events

Yatra Online Limited Releases Q2 2025 Financial Results

Aug 10, 2025

Yatra Online Limited, a prominent player in the online travel industry, has announced its un-audited financial results for the quarter ending June 30, 2025. The results were published in the Financial Express and Navshakti newspapers and are also available on the company’s website. This disclosure is part of the company’s compliance with the Securities and Exchange Board of India’s regulations, highlighting its commitment to transparency and providing stakeholders with timely financial information.

Yatra Online Limited Confirms Proper Utilization of IPO Proceeds

Aug 8, 2025

Yatra Online Limited has released its Monitoring Agency Report for the quarter ending June 30, 2025, confirming that the proceeds from its Initial Public Offering have been utilized in accordance with the intended objectives. The report, prepared by ICRA Limited, indicates no deviation from the planned use of funds, suggesting a stable financial management approach by Yatra Online Limited, which may reassure stakeholders about the company’s adherence to its strategic financial plans.

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 14, 2025