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Earnings Call

Yatra Online Earnings Call: Key Takeaways

Yatra Online reported its most profitable year in FY26, with revenue growing 27.2% YoY to INR 10,065 Mn and PAT up 28.1% to INR 468 Mn, driven by corporate travel leadership.

Why this was an Alfa AlertNot a filter event. Gross Margin beat guidance by 200bps (under 10% beat), and EBITDA was in line with guidance.
Highlights
Revenue growth27.2% YoY for FY26.
MarginsEBITDA margin improved to 18% from 14% (FY25).
Order bookCorporate wins represent INR 9,568 Mn annual potential.
Demand visibilityStrong corporate momentum; 163 new wins in FY26.
Management confidenceHigh; reporting most profitable year in history.

Growth

FY26 Revenue up 27.2% YoY; EBITDA up 53.2% YoY to INR 855 Mn. Gross Margin (RLSC) grew 24.5%.

Outlook

Strong momentum in corporate segment with 55 new wins in Q4. FY26 Gross Margin beat revised guidance (24.5% vs 22.5%).

Risks

Macro headwinds impacted 3 months of the year; new wage code in Q3 negatively impacted PAT by INR 38 Mn.

Source

Earnings Call filed with BSE, NSE: YATRA. Summary written with AI assistance from the document.

Read the document ↗

Yatra Online Ltd: key numbers

Share price
₹103.84
Market cap
₹1,629 Cr
Revenue (annual)
₹1,007 Cr
Net profit (annual)
₹46.81 Cr
P/E (TTM)
52.3×Sector 37.2×
Promoter holding
62.66%+0.00% QoQ
FII holding
4.95%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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