Yatra Online YATRA
Online travel company focused on corporate travel (flights, hotels, MICE) for 1,000+ corporate customers
Mapped in 1 theme: Consumer Internet.
Where Yatra Online sits in the supply chain
Yatra Online appears in 1 supply-chain layer in one theme, Consumer Internet.
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 198 | 380 | 422 | 791 | 1,007 |
| Net profit | −31 | 8 | −5 | 37 | 47 |
Latest-year revenue ₹1,007 Cr (FY26, company-wide).
Strengths
- Largest corporate travel management platform among Indian OTAs - sticky B2B contracts
- Hotels and MICE carry higher take rates than flights
Risks
- Small scale versus MakeMyTrip and ixigo
- Corporate travel budgets are cyclical
- US-listed parent's holding and past restructuring add complexity
Common questions
What does Yatra Online do?
Online travel company focused on corporate travel (flights, hotels, MICE) for 1,000+ corporate customers.
Where does Yatra Online sit in the supply chain?
Yatra Online (NSE: YATRA) is mapped in 1 supply-chain layer: Online travel (Consumer Internet).
Who are Yatra Online's peers?
In the Online travel layer of Consumer Internet: Le Travenues Technology (ixigo), Easy Trip Planners (EaseMyTrip), MakeMyTrip (not NSE-listed) and IRCTC.
What is Yatra Online's market cap and valuation?
As of 6 Nov 2026: market cap ₹1,215 Cr, P/E 35.3x, ROCE 7.2%, ROE 6.2%, dividend yield 0%.