Tuniu vs Yatra Online
Yatra Online is the larger business, with $114m of revenue in fiscal 2026 against $80.4m for Tuniu (1.4 times as much). Yatra Online grew faster (21.2% against 12.7%). Tuniu kept more of each dollar of sales as profit: a net margin of 5.4% against -2.3%. Tuniu carries less debt relative to equity (0.0% against 13.1%).
| Latest fiscal year | TuniuTOUR, 2025 | Yatra OnlineYTRA, 2026 |
|---|---|---|
| Revenue | $80.4m | $114m |
| Revenue growth | 12.7% | 21.2% |
| Net income | $4.3m | −$2.6m |
| Operating margin | 1.9% | -1.2% |
| Net margin | 5.4% | -2.3% |
| Return on equity | 2.9% | -4.3% |
| Free cash flow | −$16.2m | $7.1m |
| Cash | $29.6m | $6.0m |
| Total debt | $5,005 | $7.6m |
| Debt to equity | 0.0% | 13.1% |
| Dividend per share | — | — |
| Dividend yield | 0.8% | — |
| Share buybacks | $7.1m | — |
| Employees | — | — |
| Market value | $524m | $52.3m |
| Price vs our value range | Above our value range | — |
| Moat score | — | — |
| Insider trades, 12 months | 6 buys, 0 sales | 0 buys, 0 sales |