Financials Yatra Online, Inc.

Equities

YTRA

KYG983381099

Leisure & Recreation

Market Closed - Nasdaq Other stock markets 21:00:00 05/12/2025 GMT			5-day change	1st Jan Change
1.700 ^USD	+1.80%		+0.59%	+34.92%

11-26	Yatra Online Appoints Co-Founder Dhruv Shringi as Executive Chairman, Siddhartha Gupta as CEO	MT
11-26	Yatra Online, Inc. Announces Chief Executive Officer Changes	CI

Projected Income Statement: Yatra Online, Inc.

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,271	1,989	3,827	4,238	7,957	10,281	10,967
Change	-	56.49%	92.39%	10.74%	87.75%	29.2%	6.67%
EBITDA ¹	-378.7	159	422.9	304.4	343.8	679.3	1,231
Change	-	141.98%	166.03%	-28.01%	12.92%	97.59%	81.25%
EBIT ¹	-1,470	-431.5	79.67	-122.3	-89.92	188.3	706.2
Change	-	70.65%	118.46%	-253.57%	26.5%	309.43%	275.03%
Interest Paid ¹	-117.3	-100.5	-326.4	-266.2	-108.5	-102.9	-102.9
Earnings before Tax (EBT) ¹	-1,131	-465.6	-241.4	-292.9	11.03	267.6	785.5
Change	-	58.83%	48.15%	-21.33%	103.77%	2,325.67%	193.58%
Net income ¹	-1,195	-477.8	-289.2	-317.5	-106.5	229.6	747.5
Change	-	60.01%	39.47%	-9.77%	66.44%	315.46%	225.61%
Announcement Date	08/06/21	01/08/22	30/05/23	30/05/24	29/05/25	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	-	263.3	309.1	506.9	306.9	450.5	627.1	604.9	899	831.4	902.6	1,194	1,106	947.6	1,112	1,073	1,051	2,363	2,351	2,192	2,098	2,367	2,340	2,334
Change	-	-	17.4%	63.98%	-39.45%	46.76%	39.21%	-3.54%	48.63%	-7.53%	8.56%	32.32%	-7.41%	-14.31%	17.36%	-3.53%	-2.05%	124.92%	-0.53%	-6.73%	-4.3%	12.81%	-1.12%	-0.27%
EBITDA ¹	-	-125	-36.4	92.1	38.78	23.29	43.99	52.9	123.5	77.72	35.96	185.6	115.4	34.89	44.49	109.7	65.59	66.72	121.5	90	206.2	110.5	105.1	129.5
Change	-	-	70.89%	353.01%	-57.89%	-39.96%	88.92%	20.25%	133.56%	-37.09%	-53.72%	416.21%	-37.84%	-69.77%	27.53%	146.46%	-40.19%	1.72%	82.05%	-25.9%	129.13%	-46.43%	-4.88%	23.21%
EBIT ¹	-	-288.7	-197.5	-514.8	-86.82	-140	-151.3	-53.38	32.91	-5.761	-63.03	115.5	52.72	-120.6	-58.21	3.749	-34.12	-37.68	14.8	-32.92	104.4	-5.879	-13.88	-6.861
Change	-	-	31.56%	-160.57%	83.13%	-61.28%	-8.02%	64.71%	161.66%	-117.5%	-994.06%	283.32%	-54.37%	-328.75%	51.73%	106.44%	-1,010.22%	-10.42%	139.28%	-322.41%	417.11%	-105.63%	-136.03%	50.55%
Charge d'intérêts ¹	-	-	-28.55	-18.59	-26.02	-22.48	-22.51	-29.44	-30.7	-59.98	-142.6	-101.9	-85.44	-81.92	-56.05	-42.8	-28.61	-25.38	-21.7	-32.79	-18.22	-18.22	-28.22	-28.22
Earnings before Tax (EBT) ¹	-	-301.1	-224.6	-525.3	-78.83	-137.6	-137.3	-111.8	1.888	-62.49	-204.1	23.36	-10.26	-263.2	-27.48	8.127	3.084	-0.152	40.71	-32.61	121.2	10.97	6.921	13.94
Change	-	-	25.41%	-133.85%	84.99%	-74.53%	0.18%	18.56%	101.69%	-3,410.01%	-226.66%	111.45%	-143.94%	-2,464.48%	89.56%	129.57%	-62.05%	-104.93%	26,880.92%	-180.11%	471.72%	-90.95%	-36.9%	101.36%
Net income ¹	-75.8	-296.9	-216.9	-597.9	-80.4	-140.2	-143.3	-116	-7.725	-71.22	-217.5	6.28	-24.8	-272.9	-39.46	5.199	-0.763	-0.296	39.77	-70.17	109.9	10.97	6.921	13.94
Change	-	-291.63%	26.93%	-175.63%	86.55%	-74.37%	-2.2%	19.03%	93.34%	-821.95%	-205.43%	102.89%	-494.84%	-1,000.43%	85.54%	113.18%	-114.68%	61.21%	13,535.47%	-276.43%	256.68%	-90.02%	-36.9%	101.36%
Announcement Date	09/09/20	05/11/20	04/02/21	08/06/21	19/08/21	21/12/21	01/04/22	01/08/22	30/08/22	29/11/22	28/03/23	30/05/23	16/10/23	17/11/23	14/02/24	30/05/24	12/08/24	12/11/24	11/02/25	29/05/25	08/08/25	-	-	-

¹INR in Million

Estimates

Forecast Balance Sheet: Yatra Online, Inc.

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027
Net Debt	-1,723	-442	1,268	-	-	-	-
Change	-	74.35%	386.88%	-	-	-	-
Announcement Date	08/06/21	01/08/22	30/05/23	30/05/24	29/05/25	-	-

Estimates

Cash Flow Forecast: Yatra Online, Inc.

Fiscal Period: March	2020	2021	2022	2023	2024	2025
CAPEX ¹	15.57	1.089	8.927	19.79	20.33	62.59
Change	-	-93.01%	719.74%	121.64%	2.74%	207.88%
Free Cash Flow (FCF) ¹	-997	-166	-862.7	-1,442	-1,939	-1,239
Change	-	83.36%	-419.84%	-67.13%	-34.5%	36.13%
Announcement Date	31/07/20	29/07/21	01/08/22	14/08/23	31/07/24	31/07/25

¹INR in Million

Estimates

Forecast Financial Ratios: Yatra Online, Inc.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-29.79%	7.99%	11.05%	7.18%	4.32%	6.61%	11.23%
EBIT Margin (%)	-	-115.65%	-21.69%	2.08%	-2.89%	-1.13%	1.83%	6.44%
EBT Margin (%)	-	-88.95%	-23.4%	-6.31%	-6.91%	0.14%	2.6%	7.16%
Net margin (%)	-	-93.99%	-24.02%	-7.56%	-7.49%	-1.34%	2.23%	6.82%
FCF margin (%)	-	54%	-53.87%	-51.79%	-	-	-	-
FCF / Net Income (%)	-	-57.45%	224.25%	685.28%	-	-	-	-
Profitability
ROA	-4.84%	-10.18%	-5.76%	-0.67%	-1.69%	-0.96%	-	-
ROE	-43.2%	-89.37%	-46.95%	-35.76%	-8.64%	0.3%	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	3x	-	-	-	-
Debt / Free cash flow	-	-	-	-0.64x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	0.09%	0.45%	0.52%	-	-	-	-
CAPEX / EBITDA (%)	-	-0.29%	5.62%	4.68%	-	-	-	-
CAPEX / FCF (%)	-	0.16%	-0.83%	-1%	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	-	-20.38	-7.66	-4.59	-4.98	-1.72	3.67	11.95
Change	-	-	62.41%	40.08%	-8.5%	65.46%	313.37%	225.61%
Nbr of stocks (in thousands)	-	57,905	60,105	60,818	60,942	58,468	57,322	57,322
Announcement Date	-	08/06/21	01/08/22	30/05/23	30/05/24	29/05/25	-	-