Aankondiging • 21h
Yatra Online Reportedly In Talks For Promoter Stake Sale To Ixigo Le Travenues Technology Limited (NSEI:IXIGO) is exploring the purchase of a 15-20% promoter stake in Yatra Online, Inc. (NasdaqCM:YTRA), although neither company has made an official announcement regarding the proposed transaction. Following the media report, BSE sought clarification from Yatra Online on 19 June 2026 regarding the news item that claimed Ixigo was in the final stages of acquiring up to a 20% stake in the company from promoters. The company's response is awaited. Reported Earnings • May 26
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: ₹3.53 loss per share (further deteriorated from ₹1.73 loss in FY 2025). Revenue: ₹10.1b (up 27% from FY 2025). Net loss: ₹222.0m (loss widened 108% from FY 2025). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Aankondiging • May 21
Yatra Online, Inc. to Report Q4, 2026 Results on May 22, 2026 Yatra Online, Inc. announced that they will report Q4, 2026 results on May 22, 2026 Breakeven Date Change • Mar 31
Forecast breakeven date pushed back to 2027 The analyst covering Yatra Online previously expected the company to break even in 2026. New forecast suggests the company will make a profit of ₹543.0m in 2027. Average annual earnings growth of 180% is required to achieve expected profit on schedule. Reported Earnings • Feb 12
Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2026 results: ₹2.53 loss per share (down from ₹0.078 profit in 3Q 2025). Revenue: ₹2.58b (up 9.6% from 3Q 2025). Net loss: ₹158.9m (down ₹163.7m from profit in 3Q 2025). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Feb 06
Yatra Online, Inc. to Report Q3, 2026 Results on Feb 11, 2026 Yatra Online, Inc. announced that they will report Q3, 2026 results Pre-Market on Feb 11, 2026 Aankondiging • Nov 17
Yatra Online, Inc., Annual General Meeting, Dec 08, 2025 Yatra Online, Inc., Annual General Meeting, Dec 08, 2025, at 06:00 Indian Standard Time. Location: gulf adiba, plot no. 272, 4th floor, udyog vihar, phase-ii, sector-20, haryana, 122008, gurugram India Reported Earnings • Nov 13
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: ₹0.77 (up from ₹0.25 loss in 2Q 2025). Revenue: ₹3.51b (up 49% from 2Q 2025). Net income: ₹47.9m (up ₹63.6m from 2Q 2025). Profit margin: 1.4% (up from net loss in 2Q 2025). Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • Nov 07
Yatra Online, Inc. to Report Q2, 2026 Results on Nov 12, 2025 Yatra Online, Inc. announced that they will report Q2, 2026 results on Nov 12, 2025 Aankondiging • Oct 02
Yatra Online, Inc. Appoints Siddhartha Gupta as A Director, Effective September 30, 2025 On September 30, 2025, the Board of Directors of Yatra Online, Inc. (the “Company”) appointed Mr. Siddhartha Gupta as a director of the Company, effective immediately. Mr. Siddhartha Gupta will serve in the class of directors whose term expires at the Company’s 2026 Annual General Meeting of Shareholders. Aankondiging • Aug 06
Yatra Online, Inc. to Report Q1, 2026 Results on Aug 08, 2025 Yatra Online, Inc. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • Aug 03
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: ₹1.73 loss per share (improved from ₹5.60 loss in FY 2024). Revenue: ₹7.95b (up 90% from FY 2024). Net loss: ₹106.9m (loss narrowed 70% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Mike Kaufman was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 30
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: ₹1.72 loss per share (improved from ₹5.60 loss in FY 2024). Revenue: ₹7.96b (up 90% from FY 2024). Net loss: ₹106.5m (loss narrowed 70% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Major Estimate Revision • May 29
Consensus EPS estimates fall by 98% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹8.02b to ₹7.89b. EPS estimate also fell from ₹3.30 per share to ₹0.06 per share. Net income forecast to grow 80% next year vs 23% growth forecast for Hospitality industry in the US. Consensus price target broadly unchanged at US$3.00. Share price rose 12% to US$0.91 over the past week. New Risk • May 28
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: ₹65m Forecast net loss in 1 year: ₹13m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (₹13m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$49.8m market cap). Aankondiging • May 23
Yatra Online, Inc. to Report Q4, 2025 Results on May 29, 2025 Yatra Online, Inc. announced that they will report Q4, 2025 results After-Market on May 29, 2025 New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$47.9m market cap). Breakeven Date Change • Mar 31
Forecast breakeven date pushed back to 2026 The analyst covering Yatra Online previously expected the company to break even in 2025. New forecast suggests the company will make a profit of ₹194.9m in 2026. Average annual earnings growth of 94% is required to achieve expected profit on schedule. Aankondiging • Mar 13
Yatra Online, Inc. Announces Resignation of Rohan Mittal as Group Chief Financial Officer Yatra Online, Inc. announced on March 10, 2025, Mr. Rohan Mittal resigned from the position of Group Chief Financial Officer of the company to look for new opportunities. His resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. His last working day will be decided as per mutual discussion with the Company to ensure a smooth handover/transition. Reported Earnings • Feb 12
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: ₹0.078 (up from ₹0.45 loss in 3Q 2024). Revenue: ₹2.35b (up 111% from 3Q 2024). Net income: ₹4.83m (up ₹33.3m from 3Q 2024). Profit margin: 0.2% (up from net loss in 3Q 2024). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 96%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Aankondiging • Feb 05
Yatra Online, Inc. to Report Q3, 2025 Results on Feb 11, 2025 Yatra Online, Inc. announced that they will report Q3, 2025 results on Feb 11, 2025 Reported Earnings • Nov 14
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: ₹0.25 loss per share (improved from ₹4.21 loss in 2Q 2024). Revenue: ₹2.36b (up 149% from 2Q 2024). Net loss: ₹15.7m (loss narrowed 94% from 2Q 2024). Revenue exceeded analyst estimates by 138%. Earnings per share (EPS) also surpassed analyst estimates by 82%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Nov 04
Yatra Online, Inc., Annual General Meeting, Nov 27, 2024 Yatra Online, Inc., Annual General Meeting, Nov 27, 2024, at 18:00 Indian Standard Time. Location: gulf adiba, plot no. 272, 4th floor, udyog vihar, phase-ii, sector-20, haryana, india, 122008, gurugram India Recent Insider Transactions Derivative • Sep 19
Group Chief Financial Officer notifies of intention to sell stock Rohan Mittal intends to sell 52k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of September. If the sale is conducted around the recent share price of US$1.55, it would amount to US$81k. Since March 2024, Rohan has owned 52.43k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Aankondiging • Aug 07
Yatra Online, Inc. to Report Q1, 2025 Results on Aug 12, 2024 Yatra Online, Inc. announced that they will report Q1, 2025 results on Aug 12, 2024 Reported Earnings • Aug 06
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: ₹5.60 loss per share (further deteriorated from ₹4.59 loss in FY 2023). Revenue: ₹4.19b (up 9.5% from FY 2023). Net loss: ₹350.9m (loss widened 21% from FY 2023). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 44%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Jun 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (US$82.6m market cap). Reported Earnings • Jun 04
Full year 2024 earnings released: ₹4.98 loss per share (vs ₹4.59 loss in FY 2023) Full year 2024 results: ₹4.98 loss per share (further deteriorated from ₹4.59 loss in FY 2023). Revenue: ₹4.24b (up 11% from FY 2023). Net loss: ₹317.5m (loss widened 9.8% from FY 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Aankondiging • May 29
Yatra Online, Inc. Unveils Gen AI-Powered Expense Management Solution for SMEs and Large Enterprises Yatra Online, Inc. announced that it has launched its expense management solution to enable both international and domestic enterprises to manage their business expenditure efficiently. This highly scalable tool will revolutionize the way businesses handle both travel and non-travel expenses, offering unparalleled efficiency and accuracy. The comprehensive solution promises to streamline the entire expense management process, while offering a seamless integration of travel bookings and expense tracking. Yatra's Expense Management Solution stands out with its utilization of cutting-edge technologies including GenAI Large Language Models (LLMs) for receipt analysis. Unlike traditional OCR technology, this ensures more accurate and comprehensive expense tracking, significantly reducing errors and saving time. Additionally, it features an integrated chatbot based on Gen AI and RAG models. Designed as an end-to-end travel solution, the tool manages everything from booking flights, hotels, and cars to recording incurred expenses during travel within a single platform. As the leading corporate travel provider, Yatra's introduction of this solution underscores its commitment to continuous innovation and excellence in the travel industry. Other key features of Yatra's Expense Management solution include: Multi-level approval process tailored to meet specific company requirements, ensuring streamlined workflow management. Seamless integration with ERP systems facilitates smooth data flow and enhances operational efficiency. Advanced analytics powered by a Power BI dashboard, providing deep insights for comprehensive expense analysis, empowering informed decision-making and strategic planning. Mobile application for Android and iOS, allowing users to create and approve expenses, view reports, check reimbursement status, capture mileage via GPS, make small payments through UPI, and automatically generate expense items from UPI payments. Expense auditing, integration with Google APIs for mileage tracking, and split expense capabilities. Yatra's Expense management Solution is rigorously tested for reliability, including load and stress testing to accommodate up to 150 simultaneous connections (users) submitting expense data concurrently. This ensures uninterrupted performance even during peak usage periods, guaranteeing a seamless experience for all users. Aankondiging • May 25
Yatra Online, Inc. to Report Q4, 2024 Results on May 30, 2024 Yatra Online, Inc. announced that they will report Q4, 2024 results on May 30, 2024 Recent Insider Transactions Derivative • Apr 12
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of April. If the sale is conducted around the recent share price of US$1.60, it would amount to US$60k. For the year to March 2022, Dhruv's total compensation was 23% salary and 77% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Dhruv currently holds 2.09m shares (0.03371008209760823 of the company). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Recent Insider Transactions Derivative • Mar 07
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of March. If the sale is conducted around the recent share price of US$1.60, it would amount to US$60k. For the year to March 2022, Dhruv's total compensation was 23% salary and 77% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Dhruv has owned 2.09m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Feb 16
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: ₹0.45 loss per share (improved from ₹3.44 loss in 3Q 2023). Revenue: ₹1.11b (up 23% from 3Q 2023). Net loss: ₹28.5m (loss narrowed 87% from 3Q 2023). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 80%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Aankondiging • Feb 09
Yatra Online, Inc. to Report Q3, 2024 Results on Feb 14, 2024 Yatra Online, Inc. announced that they will report Q3, 2024 results Pre-Market on Feb 14, 2024 Recent Insider Transactions Derivative • Feb 08
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of February. If the sale is conducted around the recent share price of US$1.65, it would amount to US$62k. For the year to March 2022, Dhruv's total compensation was 23% salary and 77% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Dhruv has owned 2.09m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Recent Insider Transactions Derivative • Dec 07
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$1.52, it would amount to US$57k. For the year to March 2022, Dhruv's total compensation was 23% salary and 77% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Dhruv has owned 2.09m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Nov 19
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: ₹4.21 loss per share (further deteriorated from ₹1.14 loss in 2Q 2023). Revenue: ₹947.6m (up 14% from 2Q 2023). Net loss: ₹269.4m (loss widened 278% from 2Q 2023). Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 88%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 18
Yatra Online, Inc. (NasdaqCM:YTRA) announces an Equity Buyback for $5 million worth of its shares. Yatra Online, Inc. (NasdaqCM:YTRA) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of shares. The share repurchase program is valid over an unlimited time period. Aankondiging • Nov 10
Yatra Online, Inc. to Report Q2, 2024 Results on Nov 17, 2023 Yatra Online, Inc. announced that they will report Q2, 2024 results Pre-Market on Nov 17, 2023 Recent Insider Transactions Derivative • Nov 03
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 53k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of November. If the sale is conducted around the recent share price of US$1.49, it would amount to US$78k. For the year to March 2022, Dhruv's total compensation was 23% salary and 77% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Dhruv has owned 2.09m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Aankondiging • Oct 05
Yatra Online, Inc. to Report Q1, 2024 Results on Oct 16, 2023 Yatra Online, Inc. announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on Oct 16, 2023 Aankondiging • Sep 15
Yatra Online, Inc. announced that it has received INR 3.487399868 billion in funding from a group of investors Yatra Online, Inc. announced a private placement to issue 24,559,154 shares at an issue price of INR 142 per share for the gross proceeds of INR 3,487,399,868 on September 14, 2023. The transaction included participation from new investors ICICI Prudential Mutual Fund (MF), Mirae Asset MF, Tata MF, Bandhan MF, Max Life Insurance, Bajaj Allianz Life Insurance, Massachusetts Institute of Technology, Morgan Stanley Asia (Singapore) Pte, Goldman Sachs (Singapore) Pte, Bofa Securities Europe SA, Societe Generale, BNP Paribas Arbitrage and Quantum State Investment Fund and other anchor investors. Aankondiging • Sep 02
Yatra Online, Inc., Annual General Meeting, Sep 28, 2023 Yatra Online, Inc., Annual General Meeting, Sep 28, 2023, at 18:00 Indian Standard Time. Location: Gulf Adiba, Plot No. 272, 4th Floor, Udyog Vihar, Phase-II, Sector-20, Gurugram-122008, Haryana Haryana India Agenda: To consider Approval of an ordinary resolution to re-appoint Ms. Neelam Dhawan, Class I director nominee, to the Board of Directors to serve for a three-year term expiring at the 2026 annual general meeting; to consider Approval of an ordinary resolution to re-appoint Mr. Roshan Mendis, Class I director nominee, to the Board of Directors to serve for a three-year term expiring at the 2026 annual general meeting; to consider Approval of an ordinary resolution to re-appoint Mr. Michael A. Kaufman, Class I director nominee, to the Board of Directors to serve for a three-year term expiring at the 2026 annual general meeting; to consider Approval of an ordinary resolution to ratify the appointment of Ernst & Young Associates LLP as independent registered public accountant for the fiscal year ending March 31, 2024; and to consider other matters. Aankondiging • Aug 01
Yatra Online, Inc. announced delayed 20-F filing On 07/31/2023, Yatra Online, Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Jul 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹2.0b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Breakeven Date Change • Jun 03
Forecast breakeven date pushed back to 2025 The 3 analysts covering Yatra Online previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of ₹481.0m in 2025. Average annual earnings growth of 134% is required to achieve expected profit on schedule. Reported Earnings • Jun 02
Full year 2023 earnings released: ₹0.005 loss per share (vs ₹7.66 loss in FY 2022) Full year 2023 results: ₹0.005 loss per share (improved from ₹7.66 loss in FY 2022). Revenue: ₹3.83b (up 92% from FY 2022). Net loss: ₹289.2m (loss narrowed 40% from FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Aankondiging • May 26
Yatra Online, Inc. to Report Q4, 2023 Results on May 30, 2023 Yatra Online, Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on May 30, 2023 Reported Earnings • Mar 30
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: ₹3.44 loss per share (further deteriorated from ₹2.30 loss in 3Q 2022). Revenue: ₹902.6m (up 44% from 3Q 2022). Net loss: ₹216.4m (loss widened 51% from 3Q 2022). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Breakeven Date Change • Mar 29 The 2 analysts covering Yatra Online previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 27% to 2023. The company is expected to make a profit of ₹491.2m in 2024. Average annual earnings growth of 0.8% is required to achieve expected profit on schedule.
Buying Opportunity • Feb 06
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be US$2.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 57% over the last 3 years. Earnings per share has grown by 41%. Reported Earnings • Dec 01
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₹831.4m (up 85% from 2Q 2022). Net loss: ₹71.4m (loss narrowed 49% from 2Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Breakeven Date Change • Dec 01
Forecast breakeven date pushed back to 2024 The 2 analysts covering Yatra Online previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 84% to 2023. The company is expected to make a profit of ₹538.1m in 2024. Average annual earnings growth of 187% is required to achieve expected profit on schedule. Breakeven Date Change • Aug 26
Forecast breakeven date pushed back to 2024 The 2 analysts covering Yatra Online previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 87% to 2023. The company is expected to make a profit of ₹682.9m in 2024. Average annual earnings growth of 141% is required to achieve expected profit on schedule. Reported Earnings • Aug 04
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: ₹7.66 loss per share (up from ₹20.38 loss in FY 2021). Revenue: ₹1.99b (up 56% from FY 2021). Net loss: ₹477.9m (loss narrowed 59% from FY 2021). Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) exceeded analyst estimates by 8.8%. Over the next year, revenue is forecast to grow 137%, compared to a 38% growth forecast for the restaurants industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Recent Insider Transactions Derivative • Jul 11
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 60k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of July. If the sale is conducted around the recent share price of US$2.28, it would amount to US$137k. Dhruv currently holds 1.70m shares (0.02801317499954354 of the company). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Jun 04
Full year 2022 earnings: Revenues exceed analyst expectations Full year 2022 results: Revenue: ₹1.99b (up 56% from FY 2021). Net loss: ₹477.9m (loss narrowed 59% from FY 2021). Revenue exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 217%, compared to a 85% growth forecast for the restaurants industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 05
Third quarter 2022 earnings: Revenues miss analyst expectations Third quarter 2022 results: Revenue: ₹627.1m (up 103% from 3Q 2021). Net loss: ₹143.3m (loss narrowed 33% from 3Q 2021). Revenue missed analyst estimates by 50%. Over the next year, revenue is forecast to grow 176%, compared to a 100% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Recent Insider Transactions Derivative • Jan 11
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of January. If the sale is conducted around the recent share price of US$1.69, it would amount to US$85k. Since March 2021, Dhruv has owned 1.70m shares directly. There has only been one transaction (US$4.7m purchase) from insiders over the last 12 months. Reported Earnings • Dec 24
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: ₹2.23 loss per share (up from ₹4.88 loss in 2Q 2021). Revenue: ₹450.5m (up 71% from 2Q 2021). Net loss: ₹138.8m (loss narrowed 53% from 2Q 2021). Revenue missed analyst estimates by 50%. Earnings per share (EPS) also missed analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 157%, compared to a 136% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Major Estimate Revision • Dec 23
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₹3.47b to ₹2.16b. EPS estimate increased from -₹5.72 to -₹4.69 per share. Hospitality industry in the US expected to see average net income growth of 45% next year. Consensus price target broadly unchanged at US$4.07. Share price was steady at US$1.85 over the past week. Major Estimate Revision • Dec 11
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -₹4.57 to -₹5.72 per share. Revenue forecast of ₹3.48b unchanged since last update. Hospitality industry in the US expected to see average net income growth of 44% next year. Consensus price target broadly unchanged at US$4.04. Share price was steady at US$1.89 over the past week. Recent Insider Transactions Derivative • Oct 10
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of October. If the sale is conducted around the recent share price of US$1.94, it would amount to US$97k. Since March 2021, Dhruv has owned 1.70m shares directly. There has only been one transaction (US$4.7m purchase) from insiders over the last 12 months. Reported Earnings • Aug 04
Full year 2021 earnings released: ₹20.38 loss per share (vs ₹17.94 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹1.27b (down 83% from FY 2020). Net loss: ₹1.18b (loss widened 41% from FY 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jun 15
Consensus revenue estimates fall to ₹3.50b The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from ₹4.33b to ₹3.50b. Forecast losses increased from -₹5.27 to -₹14.93 per share. Hospitality industry in the US expected to see average net income growth of 96% next year. Consensus price target broadly unchanged at US$3.75. Share price was steady at US$2.26 over the past week. Reported Earnings • Jun 09
Full year 2021 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹1.27b (down 83% from FY 2020). Net loss: ₹1.18b (loss widened 41% from FY 2020). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 26
Insider recently bought US$4.7m worth of stock On the 24th of May, Cobb Sadler bought around 2m shares on-market at roughly US$2.19 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions Derivative • Mar 13
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell 150k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of March. If the sale is conducted around the recent share price of US$2.31, it would amount to US$347k. Since March 2020, Dhruv has owned 469.29k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Feb 07
Third quarter 2021 earnings released: ₹3.52 loss per share (vs ₹2.42 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹309.1m (down 84% from 3Q 2020). Net loss: ₹214.7m (down 291% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 06
Analysts update estimates The 2021 consensus revenue estimate was lowered from ₹1.64b to ₹1.40b. Earnings per share (EPS) saw an improvement, with analysts raising their estimates from -₹15.17 to -₹14.05 for the same period. The Online Retail industry in the US is expected to see an average net income growth of 15% next year. The consensus price target increased from US$220 to US$237. Share price is up 37% to US$2.68 over the past week. Is New 90 Day High Low • Feb 04
New 90-day high: US$2.42 The company is up 140% from its price of US$1.01 on 05 November 2020. The American market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$2.28 per share. Recent Insider Transactions Derivative • Dec 10
Co-Founder notifies of intention to sell stock Dhruv Shringi intends to sell roughly 166.99k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of December. If the sale is conducted around the recent share price of US$2.19, it would amount to US$366k. Since December 2019, Dhruv has owned 469.29k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Is New 90 Day High Low • Nov 11
New 90-day high: US$1.19 The company is up 62% from its price of US$0.73 on 13 August 2020. The American market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 1.0% over the same period.