Yatra Online, Inc. key statistics and ratios

In fiscal 2026, Yatra Online, Inc. had return on equity of -4.3%, an operating margin of -1.2%, debt equal to 13.1% of equity and a current ratio of 2.19. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Yatra Online, Inc.: financial ratios, annual
Fiscal year	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Gross margin	50.1%	55.3%	59.7%	54.2%	59.7%	98.2%	92.0%	82.5%	79.3%	49.2%	47.7%
Operating margin	−14.4%	−19.9%	−27.4%	−27.5%	−8.6%	−115.6%	−21.7%	2.1%	−3.8%	−1.1%	−1.2%
Net margin	−14.6%	−63.1%	−32.6%	−12.3%	−11.5%	−92.6%	−24.0%	−7.6%	−8.4%	−1.3%	−2.3%
Free-cash-flow margin	−6.3%	−17.7%	−9.0%	−38.2%	−7.8%	60.1%	−49.3%	−51.8%	−34.7%	−4.4%	6.2%
Return on equity	—	—	—	−107.3%	−43.7%	−89.1%	−46.5%	−35.4%	−11.6%	−2.0%	−4.3%
Return on assets	—	−59.7%	−38.0%	−9.1%	−7.9%	−16.3%	−8.5%	−4.7%	−3.7%	−0.8%	−1.8%
Asset turnover	—	0.95	1.17	0.75	0.69	0.18	0.35	0.62	0.44	0.62	0.77
Current ratio	—	1.31	0.82	0.98	0.95	1.18	1.00	0.95	2.50	2.09	2.19
Debt to equity	0.0%	1.4%	—	49.9%	66.1%	11.3%	40.3%	332.4%	11.8%	10.1%	13.1%
Interest cover (operating income ÷ interest)	n/m	n/m	n/m	n/m	n/m	n/m	n/m	0.6x	n/m	n/m	n/m
Capital spending as % of revenue	0.8%	0.7%	1.8%	0.3%	0.2%	0.1%	0.4%	0.5%	0.5%	0.8%	0.4%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

6 of 7 checks passed · March 31, 2026

What it owns · $143m

Short-term assets $110mLonger-term assets $33m

What it owes, and who funded it · $113m

Short-term liabilities $50mLonger-term liabilities $5mShareholders' equity $58m

Short-term assets cover short-term liabilities $110m of assets due within a year against $50m of liabilities due within a year.
Short-term assets cover long-term liabilities $110m short-term assets against $5m of longer-dated liabilities.
More cash than debt $6m of cash against $128,850 of debt.
Debt below 40% of shareholders' equity Debt is 0% of equity.
Debt burden no higher than five years ago Debt to equity moved from 0% to 0% over five years.
A year's operating cash flow covers at least 20% of debt $7m of operating cash flow against $128,850 of debt.
Operating profit covers interest at least five times over Operating income of −$1m against $1m of interest.

From Yatra Online, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Yatra Online, Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Yatra Online, Inc.