Yatra Online Limited · NSE:YATRA
Yatra Online — Q4 FY26 Earnings Presentation
28 slides from Yatra Online's earnings presentation, May 23, 2026
Slide 1: Intimation of Investor Presentation to Stock Exchanges
CIN NO: L63040DL2005PLC463461 May 23, 2026 Listing Manager, Manager - CRD National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street, Mumbai — 400051, India Mumbai — 400001, India Symbol: YATRA Scrip Code:
Slide 2: Earnings Presentation Q4-FY26/FY26
Yatra-Online Limited Earnings Presentation Q4-FY26/FY26
Slide 3: Company Overview
Company Overview yatra Established in 2006, Yatra has a strong track record of building a scalable and sustainable travel Revenue & Revenue Less Service Cost (Gross Margin) (INR Mn) business. 10,065 The company follows a multi-channel approach with a go-to-market strategy that spans the entire 7,914
Slide 4: Business Segments
Business Segments yatra Corporate Business Consumer Business Yatra is India’s leading B2B Corporate platform Yatra is one of the most well recognized travel by total spend and number of customers brands in India, having won numerous awards >1,300 ~97% ~15.6M ~59% Large & Medium Corporate Customer Re
Slide 5: India Total Travel Market & Online Penetration
India- Total Travel Market & Online Penetration Wtra India Total Travel Market($Bn) & Online Penetration FY24-FY27 i Total Travel Market =—0nline Penetration 56.3 The corporate 24 FY25 Y26 FY27 travel market has significant headroom for India Total Corporate Travel Market($Bn) & Online Penetration F
Slide 6: Strong Management Team
Strong Management Team Management Team =) Dhruv Shringi Siddhartha Gupta Manish Amin Sabina Chopra Anuj Sethi Jyoti Chawla Whole-time Director and Chief Executive officer Chief Information and COO (Corporate) CFO Company Secretary Chairman Technology Officer Previously associated He s a chartered He
Slide 7: Multiple Levers to Deliver Sustainable Growth
Multiple Levers to Deliver Sustainable Growth Wtra Levers to Deliver Sustainable Growth Sticky Corporate Business Abilityto Cross-sell to Large Strong Brand Recall Industry Leading Supply of Domestic = Market leader in large corporate travel Corporate Base Hotels = Benefitting from India’s managemen
Slide 8: Financial Overview Q4-FY26
yatra Financial Overview | Q4-FY26
Slide 9: Q4-FY26 Financial Performance
Q4-FY26 Financial Performance }’atra Gross Margins Gross Bookings Revenue_from (Revenue less Adjusted EBITDA EBITDA Net Profit Operations B Service Cost) INR 20,211 Mn INR 1,890 Mn INR1,133Mn INR 166 Mn* INR 126 Mn* INR 82 Mn 8% YoY (14)% YoY 4% YoY (34)% YoY (46)% YoY (46)% YoY EBITDA Margin PAT Ma
Slide 10: Trailing Twelve Months Performance
Trailing Twelve Months Performance Wtra Revenue (INR Mn) RLSC (INR Mn) Financial Highlights (TTM Q4 FY26 i 12% 1 i 14% 1 vs TTM Q1 FY26) 10,150 10,365 10,065 4784 4,324 9,005 2227 4548 * Revenue grew by 12%, demonstrating resilient business performance amid a dynamically evolving macroeconomic envir
Slide 11: Q4-FY26 Highlights
OQ4-FY26 Highlights yotra e Yatra reported its most profitable year in its history despite some very significant macro headwinds that impacted 3 out of the 12 months of the year. * Gross Margin (RLSC) for the year grew 24.5% YoY to INR 4,824 Mn, ahead of the revised guidance of 22.5%. * Adjusted EBI
Slide 12: Operational Performance
Operational Performance Revenue (INR Mn) Gross Margins (Revenue Less Service Cost) (INR Mn) & Gross Margins (%) 10,065 21% 7,914 /' 2,190 %I,SQO Q4FY25 Q4FY26 FY25 FY26 Q4 FY25 Q4FY26 FY25 Fv26 EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 506 Q4 FY25 Q4 FY26 Fv2s Fr26 T m Q4 F
Slide 13: Operational Performance - Air
Operational Performance - Air Air Passenger Volumes (‘000) Gross Air bookings (INRMn) 2% 12% 61,874 } 5,269 = 5,395 : 5273 —— ! | | | | | | | | | | 108 %, 1368 } 14664 Pk v 16029 : | | | | Q4 FY25 Q4 F26 | FY25 FY26 Q4 Fv25 Q4 FY26 | FY25 FY26 Air - Gross Margins (Revenue Less Service Cost) (INRMn)
Slide 14: Operational Performance - H&P
Operational Performance - H&P Hotel Room Nights (‘000) Gross H&P Bookings 8s (INR Mn) } 16,578 ! | 2% | 16% 1,936 || 13,053 / | 1,663 / : \ | ! \ ! \ 267 y 500 : 3,390 % 3,697 | - Il | B BN | I Q4 Fr25 Q4 F26 FY25 FY26 Q4 FY25 Q4 FY26 | FY25 FY26 H&P - Gross Margins (Revenue Less Service Cost) (INRM
Slide 15: Financial KPIs trends
Financial KPls trends i Gross bookings 67,372 75,884 70,733 80,512 ! 18,663 18,038 20,503 21,759 20,211 Air Ticketing 56,408 64,950 55,273 61,874 ! 14,664 14,103 14,811 16,931 16,029 Hotel & Package 8,153 8,740 13,053 16,578 | 3,390 3,433 5,142 4,306 3,697 Other services 2,811 2,194 2,407 2,059 : 60
Slide 16: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Wtra I Revenue from Operations (A) 7Y 1,890 7S 2,190 N (13.7)% =TS I 2,568 YT (26.4)% Revenue less service cost (B) 1,133 1,094 3.6% 1,277 (11.3)% Other Income* (C) 17 61 (71.5)% 14 25.6% Operating Expenses* (D) 984 904 8.9% 1,044 (5.7)% Adjusted EBITDA (
Slide 17: Financial Overview FY26
yatra Financial Overview | FY26
Slide 18: FY26 Financial Performance
FY26 Financial Performance Wtfa Gross Margins Gross Bookings Revenue_from (Revenue less Adjusted EBITDA EBITDA Net Profit Operations . Service Cost) INR 80,512 Mn INR 10,065 Mn INR 4,824 Mn INR917 Mn* INR 855 Mn* INR468 Mn 14% YoY 27% YoY 25% YoY 38% YoY 53% YoY 28% YoY **EOI INR 38Mn 38.5% YoY EBIT
Slide 19: Income Statement
Income Statement yotra particulars (IR Mn) s Revenue from Operations (A) 3,802 4,223 7,914 10,065 27.2% Revenue less service cost (B) 3,157 3,359 3,875 4,824 24.5% Other Income* (C) 145 102 109 52 (52.6)% Operating Expenses* (D) 2,632 2,928 3,317 3,958 19.3% Adjusted EBITDA (E=B+C-D) 670 534 667 917
Slide 20: Balance Sheet
Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 FY26 Particulars (INR Mn) FY23 FY24 Assets Equity and Liabilities 1. Non Current Assets 1,753 2,022 3,641 3,826 1. Equity 1,695 7,475 7,838 8,302 Property, Plant and Equipment's 46 74 137 101 Equity Share Capital 115 157 157 157 Investment Property -
Slide 21: Cash Flow Statement
Cash Flow Statement yotra Profit Before Tax (13) Non Cash and Non operating 245 42 121 259 Cash flow from operations before working capital 367 29 473 745 Deployment in Working Capital* (1,898) (1,453) (400) 16 Cash flow from/(used in) operations (1,531) (1,424) 73 761 Acquisition of business - - (1
Slide 22: Key Operating Metrics
Key Operating Metrics Air- Gross Margins (Revenue Less Service Cost) Gross Air Bookings (INR Mn) and Take Rate (%) Air Passenger Volumes (‘000) (INR Mn) & Gross Margins (%) 64,950 61,874 | | | | 6,945 | 5,601 5,269 : 5,395 2,449 | || | | | | I | I : | 3 4 s ! 26 Fv23 Fv24 Fv25 | Fv2e FY23 FY24 FY25
Slide 23: Key Financial Metrics
Key Financial Metrics Gross Bookings (INR Mn) Gross Margins (Revenue Less Service Cost) EBITDA (INR Mn) and EBITDA Margins (%) Revenues (INR Mn) (INR Mn) & Gross Margins (%) | s | 80,512 | 10,065 755884 70,733 }| . I: :| 67,373 4 7,014 ! | I ‘ I | 4,824 !| 4,223 !| 3,875 [ | 3,802 4 ! | | 14.40% I I
Slide 24: Capital Market Data
Slide 25: Capital Market Data
Capital Market Data Stock Performance (Up to 315t March, 2026) 140.0% 120.0% 100.0% 80.0% 60.0% 40.0% 20.0% 0.0% -200% Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 —==Yatra.com ====Sensex Shareholding Pattern as on 31t March, 2026 Price Data (As on 31t March, 2
Slide 26: Glossary
Glossary - e Gross booking revenue is defined as the total amount paid by customers for travel i i Gross Bookin . . . B28 Business to Business 8 services and products booked through the OTAs including taxes, fees and other Revenue . . " charges, and is net of cancellations, discounts and/or refunds.
Slide 27: Disclaimer
Disclaimer Yatra Online Limited Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in al
Slide 28: Thank You
\ = = Thank You