YTRANasdaqTransportation ServicesFiscal year ends March 31
Yatra Online, Inc.
Financials through fiscal 2025, year ended Mar 31, 2025Last filing: 20-F on Jul 31, 2026
$0.95+0.00 (+0.52%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2015 to 2025
Gross margin
49.2%−10.5 pts over 5 years
Operating margin
-1.1%+7.5 pts over 5 years
Net margin
-1.3%+10.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +89.9% | +58.7% | +1.8% | – | |
| Gross profit | +17.8% | +28.9% | -2.0% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -43.3% | -2.0% | |
| Return on assets | – | -7.8% | -0.8% | |
| Current ratio | – | 0.95 | 2.09 | |
| Debt to equity | – | 0.66 | 0.10 | |
| Net debt to EBITDA | – | 8.21× | -0.01× | |
| Interest coverage | -10.8× | -3.2× | -0.8× | |
| Capex to revenue | 0.8% | 0.2% | 0.8% | |
| Diluted shares | 21M | 46.48B | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
Yatra Online generated ₹5.42B from operations and spent ₹112.72M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
₹5.42B
Used
₹112.72M
Capital expenditure₹112.72M100%Dividends₹00%Share buybacks₹00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.3%
×Asset turnover0.62×
×Equity multiplier2.38×
=Return on equity, FY2025-2.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1.3% | 0.62× | 2.38× | -2.0% |
| FY2024 | -8.4% | 0.44× | 3.16× | -11.5% |
| FY2023 | -7.6% | 0.63× | 7.65× | -36.2% |
| FY2022 | -24.0% | 0.35× | 5.47× | -46.7% |
| FY2021 | -92.6% | 0.18× | 5.47× | -88.9% |
| FY2020 | -11.5% | 0.68× | 5.53× | -43.3% |
| FY2019 | -12.3% | 0.77× | 11.32× | -107.6% |
| FY2018 | -32.6% | 1.16× | 7.28× | -274.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-₹106.93M
- Cash generatingOperating cash flow above zero-₹291.09M
- Return on assets improvedROA up on the prior year-5.2% → -0.9%
- Earnings backed by cashOperating cash flow above net income-₹291.09M vs -₹106.93M
- Less leverageLong-term debt to assets fell0.9% → 0.2%
- Better liquidityCurrent ratio rose2.50 → 2.09
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year79.33% → 49.22%
- More efficientAsset turnover rose0.62 → 0.64