Yatra Online Inc
F:26Y
Yatra Online Inc
Yatra Online, Inc. engages in the business of selling travel products and solutions. The company is headquartered in Gurgaon, Haryana and currently employs 1,006 full-time employees. The company went IPO on 2016-12-19. The firm provides travel services to corporate and consumers. Through its Website and mobile applications and other associated platforms, leisure and business travelers can explore, research, compare prices and book a wide range of services catering to their travel needs. The firm operates through two segments: Air Ticketing and Hotels and Packages. Its services include domestic and international air ticketing on Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. The firm also provide access through its platform to hotels, homestays and other accommodations. Its applications include Yatra, Yatra Mini, Yatra Web Check-In, Yatra Corporate, Travelguru HomeStay and Yatra Hoteliers DESTranet. The Company’s holiday packages offerings consist of both fixed departure and customized holiday packages.
Yatra Online, Inc. engages in the business of selling travel products and solutions. The company is headquartered in Gurgaon, Haryana and currently employs 1,006 full-time employees. The company went IPO on 2016-12-19. The firm provides travel services to corporate and consumers. Through its Website and mobile applications and other associated platforms, leisure and business travelers can explore, research, compare prices and book a wide range of services catering to their travel needs. The firm operates through two segments: Air Ticketing and Hotels and Packages. Its services include domestic and international air ticketing on Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. The firm also provide access through its platform to hotels, homestays and other accommodations. Its applications include Yatra, Yatra Mini, Yatra Web Check-In, Yatra Corporate, Travelguru HomeStay and Yatra Hoteliers DESTranet. The Company’s holiday packages offerings consist of both fixed departure and customized holiday packages.
Revenue Growth: Yatra delivered strong Q2 results, with revenue up 48.5% year-over-year to $39.5 million, significantly ahead of guidance.
Profit Turnaround: The company posted a profit of $1.1 million for the quarter, reversing a loss of $0.1 million in the prior year.
Adjusted EBITDA: Adjusted EBITDA surged 218% year-over-year to $2.4 million.
Corporate Momentum: Yatra added 34 new corporate clients in Q2, with corporate travel outpacing industry growth at nearly twice the market rate.
Consumer Recovery: The consumer business, which accounts for about one-third of gross bookings, has bottomed out and returned to profitability, with expected mid- to high single-digit growth—all profitable.
Digital Adoption: Management highlighted increasing digital penetration in both corporate and leisure travel, presenting further growth opportunities.
Restructuring Update: The corporate restructuring process is ongoing, with a focus on creating share fungibility between US and India. While the timeline is uncertain, it's estimated to take less than a year, subject to regulatory approvals.
