Yatra Online Limited — PPTs, 11-11-2025: Investor Presentation

Here's a concise, retail-friendly summary for Yatra Online Limited:

1. **Business Performance:** Yatra Online delivered a robust Q2 FY26, with revenue climbing 48% YoY to INR 350.9 Cr. Gross Margins (Revenue less Service Cost) grew 34% YoY to INR 125.7 Cr. Net Profit (PAT) surged 96% YoY to INR 14.3 Cr, and Adjusted EBITDA jumped 88% YoY to INR 25.5 Cr. This strong performance was fueled by the Hotels and Packages segment and MICE business, despite a slight dip in Air Passenger volumes. For H1 FY26, revenue was up 66% YoY to INR 560.7 Cr, and PAT climbed 168% YoY to INR 30.3 Cr.

2. **Growth Drivers or Strategy:** The company continues to leverage its sticky corporate travel business, adding 34 new corporate clients in Q2 FY26 with potential annual billing of INR 261.5 Cr. Its strategy focuses on strong brand recall, benefiting from India's travel boom, and cross-selling additional services to its large corporate base, bolstered by industry-leading domestic hotel supply.

3. **Recent Developments:** Key developments include the launch of DIYA AI, a generative AI travel assistant, and a new UI design for hotels with a "Best Price Guarantee." A recently approved amalgamation scheme involving its subsidiaries will simplify the corporate structure and enhance operational efficiency.

4. **Key Financial Metrics:** Diluted EPS for Q2 FY26 was INR 0.91 (+98% YoY), and H1 FY26 reached INR 1.93 (+168% YoY). The company maintains a strong cash position with INR 213.9 Cr in cash and term deposits, while gross debt significantly reduced to INR 21.1 Cr as of September 30, 2025.

5. **Management Commentary / Outlook:** Management highlighted continued momentum, a disciplined focus on profitable growth, and cost optimization, reinforcing the strength of their diversified business model.