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Yatra Online, Inc. (YTRA) 10-Year Financial Performance & Capital Metrics

YTRA • • Industrial / General
Consumer CyclicalTravel ServicesOnline Travel Agencies (OTAs)Regional OTAs
AboutYatra Online, Inc. operates as an online travel company in India and internationally. It operates in Air Ticketing, and Hotels and Packages, and Other Services segments. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, cab bookings, and ancillary services for leisure and business travelers. It also offers various services, including exploring and searching comprises web and mobile platforms that enable customers to explore and search flights, hotels, holiday packages, buses, trains, and activities through its website, www.yatra.com. In addition, the company provides its services through mobile applications that comprise Yatra, a mobile interface; Yatra Web Check-In, an application for flight check-in process for travelers; and Yatra Corporate, a self-booking application for business customers. Further, it offers tours, sightseeing, shows, and event services; rail and cab services, and other ancillary travel services; and sells travel vouchers and coupons. As of March 31, 2022, the company served approximately 12.4 million customers. Yatra Online, Inc. was incorporated in 2005 and is based in Gurugram, India.Show more
  • Revenue $7.95B +89.9%
  • EBITDA $219M +464.6%
  • Net Income -$107M +69.5%
  • EPS (Diluted) -0.97 -193.9%
  • Gross Margin 49.22% -38.0%
  • EBITDA Margin 2.75% +197.4%
  • Operating Margin -1.14% +70.1%
  • Net Margin -1.34% +84.0%
  • ROE -1.37% +83.5%
  • ROIC -0.91% +63.2%
  • Debt/Equity 0.10 -9.9%
  • Interest Coverage -1.18 -65.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 90 (top 10%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Share count reduced 19.1% through buybacks
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Negative free cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y6.72%
3Y58.72%
TTM82.82%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM135.81%

EPS CAGR

10Y-
5Y-
3Y-
TTM-13.62%

ROCE

10Y Avg-34.23%
5Y Avg-29.84%
3Y Avg0.81%
Latest-1.1%

Peer Comparison

Regional OTAs
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
MMYTMakeMyTrip Limited6.66B74.3289.5425.02%7.57%8.18%2.61%0.20
TCOMTrip.com Group Limited40.07B61.302.4719.73%52.16%18.34%47.51%0.28
TOURTuniu Corporation74.08M0.670.3516.4%5.56%3.11%100%0.00
JXGJX Luxventure Limited8.34M4.470.3556.53%6.17%14.71%87.47%0.08
YTRAYatra Online, Inc.101.63M1.68-1.7389.85%0.35%0.45%0.10

Profit & Loss

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales/Revenue+10.81B7.51B5.75B1.27B1.99B3.83B4.19B7.95B
Revenue Growth %--0.31%-0.23%-0.78%0.56%0.92%0.09%0.9%
Cost of Goods Sold+6.55B5.92B4.09B22.28M159.28M669.1M866.04M4.04B
COGS % of Revenue0.61%0.79%0.71%0.02%0.08%0.17%0.21%0.51%
Gross Profit+4.26B1.58B1.66B1.25B1.83B3.16B3.32B3.92B
Gross Margin %0.39%0.21%0.29%0.98%0.92%0.83%0.79%0.49%
Gross Profit Growth %--0.63%0.05%-0.25%0.47%0.73%0.05%0.18%
Operating Expenses+4.32B3.46B2.12B2.72B2.26B3.08B3.48B4.01B
OpEx % of Revenue0.4%0.46%0.37%2.14%1.14%0.8%0.83%0.5%
Selling, General & Admin4.32B1.38B602.14M1.36B1.55B2.06B2.44B2.82B
SG&A % of Revenue0.4%0.18%0.1%1.07%0.78%0.54%0.58%0.35%
Research & Development00000000
R&D % of Revenue--------
Other Operating Expenses02.08B1.51B1.36B709.77M1.02B1.05B1.19B
Operating Income+-65.7M-1.87B-459.26M-1.47B-431.47M79.67M-158.81M-90.3M
Operating Margin %-0.01%-0.25%-0.08%-1.16%-0.22%0.02%-0.04%-0.01%
Operating Income Growth %--27.52%0.75%-2.2%0.71%1.18%-2.99%0.43%
EBITDA+43.1M-1.26B163.39M-720.69M-123.32M269.82M38.72M218.6M
EBITDA Margin %0%-0.17%0.03%-0.57%-0.06%0.07%0.01%0.03%
EBITDA Growth %--30.16%1.13%-5.41%0.83%3.19%-0.86%4.65%
D&A (Non-Cash Add-back)108.8M616.85M622.65M749.48M308.15M190.15M197.53M308.9M
EBIT-2.83B-1.94B-503.03M-1.04B-370.65M-23.62M-89.97M87.1M
Net Interest Income+-4.66M-141.71M-151.44M-35.21M-55.44M-196.47M-65.7M131.37M
Interest Income032.28M52.81M80.59M39.47M21.29M157.1M207.82M
Interest Expense4.66M173.99M204.26M115.8M94.91M217.76M222.8M76.45M
Other Income/Expense-3.56B-197.93M-199.77M339.38M-34.08M-321.05M-170.52M100.95M
Pretax Income+-3.63B-2.07B-659.03M-1.13B-465.56M-241.38M-329.33M10.65M
Pretax Margin %-0.34%-0.28%-0.11%-0.89%-0.23%-0.06%-0.08%0%
Income Tax+70.3M53.32M39.57M64.1M16.91M46.79M37.17M-12.85M
Effective Tax Rate %1.02%1.03%1.06%1.04%1.03%1.2%1.07%-10.04%
Net Income+-3.7B-2.13B-698.6M-1.18B-477.85M-289.24M-350.94M-106.92M
Net Margin %-0.34%-0.28%-0.12%-0.93%-0.24%-0.08%-0.08%-0.01%
Net Income Growth %-0.43%0.67%-0.69%0.59%0.39%-0.21%0.7%
Net Income (Continuing)-3.7B-2.13B-698.6M-1.19B-482.46M-288.17M-366.5M23.5M
Discontinued Operations00000000
Minority Interest00251.59K5.25M1.98M11.62M2.37B2.5B
EPS (Diluted)+-23.58-13.54-4.45-7.57-2.750.49-0.33-0.97
EPS Growth %-0.43%0.67%-0.7%0.64%1.18%-1.67%-1.94%
EPS (Basic)-23.58-13.54-4.45-7.57-1.960.49-0.72-0.97
Diluted Shares Outstanding156.92M156.92M156.92M156.92M111.88M156.92M136.41M110.36M
Basic Shares Outstanding156.92M156.92M156.92M156.92M111.81M156.92M136.41M110.36M
Dividend Payout Ratio--------

Balance Sheet

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Current Assets+7.61B8.28B80.67M4.09B4.19B5.48B10.96B10.22B
Cash & Short-Term Investments2.7B2.27B28.02M2.34B1.42B1.14B4.41B1.92B
Cash Only1.71B1.28B18.05M1.71B800.28M503.6M1.74B605.8M
Short-Term Investments994.6M991.72M9.97M628.83M622.86M635.81M2.67B1.31B
Accounts Receivable3.9B4.84B37.86M1.12B2.14B3.38B5.01B6.11B
Days Sales Outstanding131.56235.432.4322.4393.54321.87436.83280.28
Inventory600K-4.84B9.37M1.48M235K76K53K54K
Days Inventory Outstanding0.03-0.8424.250.540.040.020
Other Current Assets961.2M5.14B4.57M50.93M39.91M41.97M111.02M241.8M
Total Non-Current Assets+3.39B3.8B35.1M1.65B1.28B1.29B1.53B2.99B
Property, Plant & Equipment228.9M314.01M7.94M474.19M251.71M246.6M233.87M319.85M
Fixed Asset Turnover47.24x23.91x723.35x2.68x7.90x15.52x17.92x24.87x
Goodwill1.59B1.64B10.48M528.19M528.19M528.19M528.19M1.25B
Intangible Assets976.4M971.17M12.02M361.85M224.07M250.77M385.24M1.09B
Long-Term Investments6.2M-968.17M2.97M21.35M06.16M138.65M45.75M
Other Non-Current Assets587.2M1.73B440.8K251.66M265.47M246.53M230.87M259.23M
Total Assets+11B12.08B115.77M5.75B5.46B6.77B12.49B13.21B
Asset Turnover0.98x0.62x49.64x0.22x0.36x0.57x0.34x0.60x
Asset Growth %-0.1%-0.99%48.64%-0.05%0.24%0.85%0.06%
Total Current Liabilities+9.46B9.33B84.7M3.47B4.18B5.78B4.39B4.89B
Accounts Payable4.84B4.4B37.8M2.22B2.39B1.12B1.15B1.68B
Days Payables Outstanding269.49271.273.3736.3K5.49K609.12483.32151.59
Short-Term Debt253.3M974.12M13.74M127.88M354.38M2.33B523.51M525.12M
Deferred Revenue (Current)001000K1000K1000K1000K1000K1000K
Other Current Liabilities3.89B2.8B18.56M332M556.64M550.57M515.35M230.75M
Current Ratio0.80x0.89x0.95x1.18x1.00x0.95x2.50x2.09x
Quick Ratio0.80x1.41x0.84x1.18x1.00x0.95x2.50x2.09x
Cash Conversion Cycle-137.89--0.13-35.95K-5.09K-287.2-46.47128.69
Total Non-Current Liabilities+915.6M409.07M11.1M1.11B388.06M270.56M339.61M415.38M
Long-Term Debt192.9M23.6M95.52K3.18M4.2M19.27M114.68M20.74M
Capital Lease Obligations0148.11M6.32M427.79M230.67M203.39M164.42M186.34M
Deferred Tax Liabilities042.5M497.61K14.41M11.51M7.15M4.67M142.47M
Other Non-Current Liabilities722.7M98.46M1.12M401.81M76.71M40.75M55.85M65.83M
Total Liabilities10.37B9.74B95.8M4.58B4.57B6.05B4.73B5.3B
Total Debt+446.2M1.16B20.16M634.02M628.24M2.6B853.93M784.01M
Net Debt-1.26B-117.11M2.11M-1.08B-172.04M2.1B-888.02M178.21M
Debt / Equity0.71x0.50x1.01x0.55x0.70x3.62x0.11x0.10x
Debt / EBITDA10.35x-0.12x--9.65x22.06x3.59x
Net Debt / EBITDA-29.23x-0.01x--7.78x-22.94x0.82x
Interest Coverage-14.11x-10.77x-2.25x-12.70x-4.55x0.37x-0.71x-1.18x
Total Equity+624.5M2.34B19.97M1.16B892.24M719.32M7.76B7.9B
Equity Growth %-2.75%-0.99%57.23%-0.23%-0.19%9.79%0.02%
Book Value per Share3.9814.920.137.417.984.5856.8971.63
Total Shareholders' Equity624.5M2.34B19.72M1.16B890.26M707.7M5.39B5.4B
Common Stock85.8M102.29M9.44K838K842K850K857K863K
Retained Earnings-11.12B-13.32B-238.65M-19.17B-19.62B-19.92B-20.27B-20.37B
Treasury Stock00-148.3K-11.22M-11.22M-11.22M-222.15M-418.56M
Accumulated OCI623.9M898.8M8.82M-26.64M231.25M250.36M5.36B5.6B
Minority Interest00251.59K5.25M1.98M11.62M2.37B2.5B

Cash Flow

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operations+-795.9M-4.09B-427.09M765.44M-972.2M-1.96B-19.64M-291.09M
Operating CF Margin %-0.07%-0.55%-0.07%0.6%-0.49%-0.51%-0%-0.04%
Operating CF Growth %--4.14%0.9%2.79%-2.27%-1.02%0.99%-13.82%
Net Income-3.7B-2.07B-659.03M-1.13B-465.56M-241.38M-4.24M10.65M
Depreciation & Amortization378M616.85M622.65M749.48M308.15M190.15M2.39M308.9M
Stock-Based Compensation720.7M263.4M100K77.1M209.56M152.05M0125M
Deferred Taxes00000000
Other Non-Cash Items861M51.5M268.72M-214.13M-127.93M-30.79M-2.01M-164.48M
Working Capital Changes943.8M-2.95B-659.53M1.28B-896.42M-2.03B-15.77M-571.16M
Change in Receivables-14.2M-1.08B2.3B1.69B-1.12B-1.59B-25.24M-693.16M
Change in Inventory3M610K01.07M1.27M173K2780
Change in Payables0000009.47M0
Cash from Investing+1.2B-641.3M125.17M-230.37M-86.54M-145.95M64.46M49.03M
Capital Expenditures-124M-29.7M-16.6M-1.09M-8.93M-19.79M-3.22M-62.59M
CapEx % of Revenue0.01%0%0%0%0%0.01%0%0.01%
Acquisitions--------
Investments--------
Other Investing1.68B-367.05M-134.63M-34.8M-67.31M-117.55M0-31.28M
Cash from Financing+696.7M3.58B315.02M535.28M135.26M1.75B-27.86M-1.03B
Debt Issued (Net)--------
Equity Issued (Net)--------
Dividends Paid00000000
Share Repurchases--------
Other Financing311.6M201.38M-203.1M-92.04M-50.61M-157.82M-951.98K-75.88M
Net Change in Cash--------
Free Cash Flow+-919.9M-4.51B-619.89M686.47M-1.07B-2.12B-19.88M-586.35M
FCF Margin %-0.09%-0.6%-0.11%0.54%-0.54%-0.55%-0%-0.07%
FCF Growth %--3.9%0.86%2.11%-2.56%-0.98%0.99%-28.49%
FCF per Share-5.86-28.75-3.954.37-9.58-13.49-0.15-5.31
FCF Conversion (FCF/Net Income)0.22x1.93x0.61x-0.65x2.03x6.78x0.06x2.72x
Interest Paid75.2M0000000
Taxes Paid00000000

Key Ratios

Metric20182019202020212022202320242025
Return on Equity (ROE)-592.38%-143.34%-59.19%-199.04%-46.5%-35.9%-8.28%-1.37%
Return on Invested Capital (ROIC)--176.99%-30.68%-2049.62%-80.33%3.38%-2.46%-0.91%
Gross Margin39.39%21.11%28.82%98.25%91.99%82.52%79.33%49.22%
Net Margin-34.21%-28.3%-12.16%-92.61%-24.02%-7.56%-8.38%-1.34%
Debt / Equity0.71x0.50x1.01x0.55x0.70x3.62x0.11x0.10x
Interest Coverage-14.11x-10.77x-2.25x-12.70x-4.55x0.37x-0.71x-1.18x
FCF Conversion0.22x1.93x0.61x-0.65x2.03x6.78x0.06x2.72x
Revenue Growth--30.56%-23.47%-77.88%56.49%92.39%9.47%89.85%

Revenue by Segment

201820192020
Hotels And Packages Services6.63B4.91B3.6B
Hotels And Packages Services Growth--25.86%-26.71%
Air Ticketing Services5.01B3.45B2.61B
Air Ticketing Services Growth--31.19%-24.35%
Other Services105.25M56.42M53.96M
Other Services Growth--46.39%-4.36%
Ifrs Service-8.42B-
Ifrs Service Growth---

Frequently Asked Questions

Growth & Financials

Yatra Online, Inc. (YTRA) reported $10.15B in revenue for fiscal year 2025. This represents a 6% decrease from $10.81B in 2018.

Yatra Online, Inc. (YTRA) grew revenue by 89.9% over the past year. This is strong growth.

Yes, Yatra Online, Inc. (YTRA) is profitable, generating $35.1M in net income for fiscal year 2025 (-1.3% net margin).

Dividend & Returns

Yatra Online, Inc. (YTRA) has a return on equity (ROE) of -1.4%. Negative ROE indicates the company is unprofitable.

Yatra Online, Inc. (YTRA) generated $1.05B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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