Yatra Online (YTRA) AI Stock Analysis

• Market Cap: $92.03M
• Dividend Yield: N/A
• Average Volume (3M): 193.26K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.76
• Revenue Growth: 75.67%
• EPS Growth: N/A
• Country: US
• Employees: 1,268
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Travel Services
• EPS (TTM): -0.25
• Shares Outstanding: 60,330,925
• 10 Day Avg. Volume: 441,784
• 30 Day Avg. Volume: 193,257
• PEG Ratio: -1.98
• Price to Book (P/B): 1.36
• Price to Sales (P/S): 0.92
• P/FCF Ratio: -12.54
• Enterprise Value/Market Cap: 0.75
• Enterprise Value/Revenue: <0.01
• Enterprise Value/Gross Profit: 0.02
• Enterprise Value/Ebitda: 0.10
• 1Y Price Target: $3.00
• Price Target Upside: 85.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $2.00 ▲(23.46% Upside)

Yatra Online's overall stock score is driven by strong financial performance and positive technical indicators. The earnings call provided a positive outlook with significant growth in revenue and profitability. However, the stock's valuation is a concern due to a negative P/E ratio and lack of dividend yield, which slightly offsets the positive aspects.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market reach and successful business strategies, enhancing long-term sustainability.

Technological Advancements

Technological advancements improve user experience and operational efficiency, positioning Yatra for future growth in digital travel services.

Corporate Travel Expansion

Expanding corporate travel segment strengthens market position and revenue base, offering stable growth opportunities.

Negative Factors

Profitability Challenges

Ongoing profitability issues could hinder reinvestment and growth, impacting long-term financial health.

Cash Flow Issues

Weak cash flow generation limits financial flexibility and could constrain future investment and expansion efforts.

Corporate Restructuring Challenges

Complex restructuring may disrupt operations and delay strategic initiatives, affecting long-term growth prospects.

Yatra Online Business Overview & Revenue Model

Company Description

Yatra Online (YTRA) is a leading online travel services company based in India, specializing in offering a wide range of travel-related products and services. The company operates primarily in the travel and tourism sector, providing customers with services such as flight bookings, hotel reservations, holiday packages, and travel insurance. Yatra aims to simplify travel planning for its users by leveraging technology and innovation to enhance the overall travel experience.

How the Company Makes Money

Yatra Online generates revenue through multiple channels, primarily from commissions earned on bookings made through its platform. The key revenue streams include flight ticket sales, hotel bookings, and holiday packages, where the company earns a commission from airlines, hotels, and travel service providers. Additionally, Yatra offers ancillary services such as travel insurance and car rentals, contributing further to its revenue. Strategic partnerships with airlines, hotel chains, and travel aggregators enhance its service offerings and create additional revenue opportunities. Furthermore, the company may also generate income through advertising on its platform and by leveraging customer data for targeted marketing campaigns.

Yatra Online Financial Statement Overview

Summary

Yatra Online shows strong financial momentum with significant revenue and free cash flow growth. Profitability has improved, and leverage has been reduced, enhancing financial stability. However, there is room for improvement in operational efficiency and comprehensive cash flow analysis.

Income Statement

Yatra Online has shown a strong revenue growth rate of 12.72% in the TTM, indicating a positive trajectory. The gross profit margin is healthy at 27.65%, although it has decreased from previous periods. The net profit margin has improved to 5.39% in the TTM, reflecting better profitability. However, the EBIT and EBITDA margins are relatively low, suggesting room for operational efficiency improvements.

Balance Sheet

The company's debt-to-equity ratio has improved significantly, indicating reduced leverage and a stronger equity position. The return on equity (ROE) has turned positive at 6.29% in the TTM, showing improved profitability. However, the equity ratio is not provided, which limits a full assessment of asset financing.

Cash Flow

Yatra Online has demonstrated a remarkable free cash flow growth rate of 114.22% in the TTM, indicating strong cash generation capabilities. The operating cash flow has also turned positive, which is a significant improvement from previous periods. However, the ratios of operating and free cash flow to net income are not provided, limiting a comprehensive cash flow analysis.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.15B	7.95B	4.19B	3.83B	1.99B	1.27B
Gross Profit	4.13B	3.92B	3.32B	3.16B	1.83B	1.25B
EBITDA	680.43M	396.00M	107.55M	166.53M	-62.50M	-286.07M
Net Income	35.08M	-106.92M	-350.94M	-289.24M	-477.85M	-1.18B
Balance Sheet
Total Assets	12.94B	13.21B	12.49B	6.77B	5.46B	5.75B
Cash, Cash Equivalents and Short-Term Investments	2.17B	1.92B	4.41B	1.14B	1.42B	2.34B
Total Debt	558.91M	784.01M	853.93M	2.60B	628.24M	634.02M
Total Liabilities	5.08B	5.30B	4.73B	6.05B	4.57B	4.58B
Stockholders Equity	5.25B	5.40B	5.39B	707.70M	890.26M	1.16B
Cash Flow
Free Cash Flow	1.05B	-586.35M	-19.88M	-2.12B	-1.07B	686.47M
Operating Cash Flow	1.05B	-291.09M	-19.64M	-1.96B	-972.20M	765.44M
Investing Cash Flow	-337.81M	49.03M	64.46M	-145.95M	-86.54M	-230.37M
Financing Cash Flow	-798.40M	-1.03B	-27.86M	1.75B	135.26M	535.28M

Yatra Online Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For YTRA, the sentiment is Positive. The current price of 1.62 is above the 20-day moving average (MA) of 1.54, above the 50-day MA of 1.56, and above the 200-day MA of 1.11, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 53.48 is Neutral, neither overbought nor oversold. The STOCH value of 60.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for YTRA.

Yatra Online Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EXPE	81 Outperform	$31.57B	24.65	104.40%	0.62%	7.29%	36.51%
TCOM	71 Outperform	$46.32B	11.29	19.96%	0.40%	17.34%	91.51%
YTRA	69 Neutral	$92.03M	-284.62	0.68%	―	75.67%	―
TRIP	67 Neutral	$1.78B	23.97	9.57%	―	4.24%	159.81%
RCL	67 Neutral	$72.65B	17.99	47.46%	1.15%	8.61%	49.58%
MMYT	65 Neutral	$6.93B	109.49	16.66%	―	14.55%	-68.46%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Yatra Online Corporate Events

Yatra Online Announces Leadership Change with New CEO Appointment

On November 24, 2025, Dhruv Shringi resigned as CEO of Yatra Online Limited, a subsidiary of Yatra Online, Inc., due to personal reasons. He will continue as Chairman of the Board and a director. Siddhartha Gupta was appointed as the new Group CEO, effective November 25, 2025, with a comprehensive compensation package including a base salary, joining bonus, and stock units, reflecting the company’s strategic leadership transition.

Yatra Online Announces 2025 AGM and Key Proposals

Yatra Online, Inc. has announced its 2025 Annual General Meeting (AGM), scheduled for December 8, 2025, at its India office in Gurugram. Shareholders will vote on the re-appointment of Dhruv Shringi to the Board of Directors and the ratification of BDO India Services Private Limited as the independent registered public accountant. The Board recommends voting in favor of both proposals, which are crucial for the company’s governance and financial oversight.

Yatra Online Extends Standstill Period in MAK Cooperation Agreement

On November 11, 2025, Yatra Online, Inc. announced the Third Amendment to its Cooperation Agreement with MAK Capital One L.L.C. and MAK Capital Fund LP. This amendment extends the Standstill Period, impacting the company’s governance structure by setting new timelines for board member resignations and annual meetings. This strategic move could influence Yatra’s operational stability and investor relations, as it aims to maintain a balanced relationship with its investor group.

Yatra Online Reports Strong Q3 2025 Results Amid Aviation Industry Challenges

On November 12, 2025, Yatra Online, Inc. announced its unaudited financial results for the quarter ending September 30, 2025, showcasing a strong performance despite challenges in the domestic aviation sector. The company reported a 48.5% increase in revenue year-over-year, driven by a robust corporate travel segment and growth in hotels and packages. Adjusted EBITDA surged by 217.7%, reflecting effective cost management and scaling. Yatra’s strategic initiatives, such as the integration of Globe Travels, have enhanced its market positioning, providing supplier synergies and technology innovations. The company continues to focus on restructuring efforts to unlock shareholder value and scaling high-margin segments.

Yatra Online Reports Strong Q3 2025 Financial Results

On November 12, 2025, Yatra Online, Inc. announced its unaudited financial results for the quarter ending September 30, 2025, showcasing a significant 48.5% year-over-year revenue increase to INR 3,508.7 million. The company’s robust performance was driven by a strong corporate travel mix and growth in hotels and packages, despite challenges in the domestic aviation industry. Yatra’s strategic focus on expanding its corporate travel segment, including onboarding 34 new clients, has bolstered its market position. The integration of Globe Travels has further enhanced Yatra’s offerings through supplier synergies and technology innovations, positioning the company as a dominant player in India’s travel industry.

Yatra Online’s Amalgamation Scheme Approved by NCLT

On October 14, 2025, the National Company Law Tribunal, Mumbai, approved the Composite Scheme of Amalgamation for Yatra Online Limited, the Indian subsidiary of Yatra Online, Inc. This scheme, initially approved by the Board of Directors on August 12, 2024, involves a structural reorganization of Yatra India and its six wholly-owned subsidiaries. The approval marks a significant step in the company’s operational restructuring, potentially enhancing its market positioning and operational efficiency.