Yatra Online Limited — PPTs, 11-02-2026: Investor Presentation

Here's a concise summary of Yatra Online Limited's investor presentation:

**1. Business Performance:**

Yatra reported strong Q3 FY26 performance with Revenue at ₹256.8 Cr (+9% YoY) and Gross Margins (RLSC) up 23% to ₹127.7 Cr. For 9M FY26, revenue surged 43% to ₹817.5 Cr, Gross Margins 33% to ₹369.1 Cr. Adjusted EBITDA jumped 41% to ₹24.7 Cr in Q3, and 81% to ₹75.1 Cr for 9M. Q3 Net Profit was ₹8.3 Cr (-17% YoY, impacted by a one-time ₹3.8 Cr labor code adjustment), but 9M Net Profit grew 81% to ₹38.6 Cr.

**2. Growth Drivers or Strategy:**

Growth comes from Yatra’s market-leading corporate travel, strong brand, and cross-selling potential for hotels, cabs, and software services to its large corporate base. The company also benefits from its extensive domestic hotel supply and a strategic focus on margin optimization.

**3. Recent Developments:**

Q3 saw 40 new corporate clients added, promising ₹223.4 Cr in future annual revenue. However, the quarter faced headwinds from a one-time labor code impact and December airline disruptions, affecting Air TTV by ~₹48 Cr and delaying over ₹30 Cr in MICE revenue.

**4. Key Financial Metrics:**

Q3 Diluted EPS was ₹0.53 (-17% YoY), while 9M Diluted EPS impressively rose 81% to ₹2.46.

**5. Management Commentary / Outlook:**

Management noted Q3 exceeded guidance, driven by robust consumer recovery and corporate strength. The B2C business is showing steady growth with positive unit economics, with continued focus on improving margins.