Please find the enclosed herewith updated Investor presentation in connection with the Audited Standalone and Consolidated Financial Results for Quarter and Year ended March 31, 2026.
YATRA · price
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Yatra Online filed a corrected investor presentation for FY26, fixing clerical errors in two slides. The company reported its most profitable year in history with Gross Margin (RLSC) of INR 4,824 Mn, up 24.5% YoY, beating a revised guidance of 22.5%. Full-year adjusted EBITDA rose 37.5% to INR 917 Mn and PAT grew 28.1% to INR 468 Mn. However, Q4 showed significant margin pressure: adjusted EBITDA margin contracted to 15% from 23% YoY, and PAT margin fell to 7% from 14%, reflecting macro headwinds and a one-time labour code impact. Cash flow from operations surged dramatically to INR 761 Mn vs INR 73 Mn in FY25. The company added 55 new corporate clients with annual billable potential of INR 2,709 Mn in Q4 alone.
Full-year profitability at record highs is positive, but the sharp Q4 margin contraction signals execution challenges amid macro headwinds. The strong cash generation (10x YoY improvement) is a structural positive for the balance sheet.