Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

YATRA ONLINE, INC.

(YTRA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Yatra Online : Investor Presentation – September 2021(opens in new window)

09/13/2021 | 01:32am EST

September 2021

PAGE 0

Disclaimer

This presentation is for informational purposes only and does not constitute an offer to sell, a solicitation of any offer to buy, or a recommendation to purchase any securities of or any of its affiliates (as such term is defined under the U.S. federal securities laws). The presentation shall not constitute a solicitation of a proxy, consent or authorization with respect to

any securities. This presentation shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made

except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Forward-Looking Statements

The statements in this presentation that are not historical facts are "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "project", "budget", "forecast", "intend", "plan", "may", "will", "could", "should", "predicts", "potential", "continue", and other similar expressions that predict or indicate future events or trends or that are not statements

of historical matters. Such forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which Yatra operates. Yatra's beliefs and assumptions are made by its management and are not predictions or guarantees of actual performance. Accordingly, actual results and performance may materially differ

from results or performance expressed or implied by the forward-looking statements. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any forward-looking statements or other information contained herein. Factors that could cause future results and performance to differ from the forward-

looking statements include but are not limited to: (1) Yatra's history of operating losses; (2) competition in the Indian travel industry; (3) declines or disruptions in the Indian economy;

  1. risks relating to any unforeseen liabilities of Yatra;(5) future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness, financial condition, losses and future prospects; businesses and management strategies and the expansion and growth of the operations of Yatra; (6) the limited liquidity and trading of Yatra's securities; (7) changes in applicable laws or regulations; (8) the possibility that Yatra may be adversely affected by other economic, business, and/or competitive factors; and (9) other risks and uncertainties indicated from time to time in Yatra's filings with the Securities and Exchange Commission (the "SEC").

Yatra cautions that the foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in Yatra's most recent filings with the SEC.

All subsequent written and oral forward looking statements or other matters are expressly qualified in their entirety by the cautionary statements above. Yatra cautions readers not to place undue reliance upon forward looking statements, which speak only as of the date made. Yatra undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Non-IFRS Financial Measures

In addition to the IFRS financial measures, this presentation includes certain non-IFRS financial measures, including Adjusted Revenue, Adjusted EBITDA (Loss), Net Revenue Margin and Gross Bookings. The non-IFRS measures have limitations as analytical tools and you should not consider them in isolation or as a substitute for an analysis of our results

under IFRS as issued by the IAB. The Company considers these non-IFRS financial measures to be important because they provide useful measures of the operating performance of the Company, exclusive of unusual events or factors that do not directly affect what we consider to be our core operating performance, and are used by the Company's management

for that purpose. All non-IFRS financial measures are reconciled to their directly comparable IFRS financial measures. These reconciliations are presented in the Appendix at the end

of this presentation.

Industry and Market Data

Industry and market data used in this presentation have been obtained from industry publications and sources as well as from research reports prepared for other purposes. While Yatra believes such information to be reliable, it has not independently verified the data obtained from these sources.

Other

All years are calendar years unless otherwise noted as "fiscal year" or "FY".

PAGE 1

Key Highlights

Yatra is one of the most well recognized "home-grown" Indian Internet brands and the largest Corporate Travel Services provider in India.

Yatra remains well-positioned to benefit from India's massive and growing travel market that is rapidly shifting online. Due to COVID this shift is accelerating.

Focus on the bottom line in a challenging market environment driven by cost optimization, disciplined marketing spend, and execution.

AdJ. Revenue recovered to $13.3M in Jan - Mar-21 Quarter (60% of pre-covid level). AdJ. EBITDA margin came in at ~10%, reflecting the efforts around cost optimization. Adj Revenue declined to $6.6mil in the June 21 qtr due to the Second Wave in India but has again begun to recover strongly in July and August '21.

PAGE 2

Yatra - A Comprehensive Online Travel Platform

We are one of India's largest B2C OTA's and the leader in corporate travel1

11.7M

cumulative customers4

94%

of transactions from repeat customers5

  1. Management estimates
  2. Numbers for FY18 Include ATB performance for 8 months

129M

700+

Visits5

large corporate

customers7

85%

~94k+

Of traffic

hotels in

from Mobile

~1,400 cities6

  1. FY numbers are as per audited results;
  2. Cumulative as of March 31, 2021; does not include data for B2B businesses
  3. Data for 12 months ended March 31, 2021 for flagship brand Yatra.com only and excludes data from B2E and B2B businesses
  4. As of Mar 31, 2021
  5. As of Mar 31, 2021

PAGE 3

Strong Track record of sustained growth

Growth of business impacted by Ebix merger in FY2020 and Covid in FY2021, however beginning to show signs of recovery

Gross Bookings2,3

(INR billion)

Impact of EBIX

CAGR 28%

merger related

111.2

restrictions and Covid

92.5

13.5

85.3

13.4

68.0

7.9

Impact of COVID-

10.4

19 pandemic

79.2

97.6

77.4

14.7

57.6

1.7

13.0

FY17

FY18

FY19

FY20

FY21

Air

Hotels

*Business under constraints of now terminated EBIX Merger Agreement

Adjusted Revenue 2,3

(INR million)

CAGR 31%

8,911

Impact of EBIX

7,408

1,323

merger related

697

1,880

restrictions and Covid

5,203

1,697

5,983

Impact of COVID-

1,240

399

19 pandemic

785

1,147

5,013

5,708

2,190

353

3,657

3,958

351

1,487

FY17

FY18

FY19

FY20

FY21

Air

Hotels

Others (Inc. Other Income)

Quarterly Gross Bookings2,3

Quarterly Adjusted Revenue

(INR million)

(INR million)

Oct-Dec-19 Adj. revenue (INR 1,587 mn) - Jan-Mar '21 revenue 61% of pre-Covid

61%

970

Decline due to

7,709

Decline due to

second wave

5,943

second wave

607

489

378

2,403

1,804

Jul-Sep-20

Oct-Dec-20

Jan-Mar-21

Apr-Jun-21

Jul-Sep-20

Oct-Dec-20

Jan-Mar-21

Apr-Jun-21

PAGE 3

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Yatra Online Inc. published this content on 13 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2021 05:31:08 UTC.


ę Publicnow 2021
All news about YATRA ONLINE, INC.
11/05Travel Services Firms Cohort Jumps in Friday Trading Amid October Payrolls Growth, Quar..
MT
09/16Yatra Online Evaluates Potential Additional Listing of Indian Arm on Bourses in India
CI
09/13YATRA ONLINE : Investor Presentation – September 2021(opens in new window)
PU
09/03YATRA ONLINE : Investor Presentation – September 2021(opens in new window)
PU
08/31EBIX : Says Delaware Court Grants Motion to Dismiss Yatra Online Lawsuit
MT
08/19YATRA ONLINE : ANNOUNCES RESULTS FOR THE THREE MONTHS ENDED JUNE 30, 2021 (Form 6-K)
PU
08/19Yatra Online, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2021
CI
07/29YATRA ONLINE : Annual Report (SEC Filing - 20-F)
PU
07/27Timothy J. Maguire Issues Open Letter to Yatra Online
CI
07/27YATRA ONLINE : Maguire Investment Delivers Open Letter to Shareholders of Yatra Online, In..
PR
More news
Analyst Recommendations on YATRA ONLINE, INC.
More recommendations
Financials
Sales 2022 3 477 M 46,1 M 46,1 M
Net income 2022 -274 M -3,63 M -3,63 M
Net cash 2022 1 733 M 23,0 M 23,0 M
P/E ratio 2022 -32,2x
Yield 2022 -
Capitalization 8 839 M 117 M 117 M
EV / Sales 2022 2,04x
EV / Sales 2023 0,98x
Nbr of Employees 1 006
Free-Float 82,2%
Chart YATRA ONLINE, INC.
Duration : Period :
Yatra Online, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends YATRA ONLINE, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 147,06 INR
Average target price 302,92 INR
Spread / Average Target 106%
EPS Revisions
Managers and Directors
Dhruv Shringi Chief Executive Officer & Executive Director
Anuj Kumar Sethi Principal Financial & Accounting Officer
Murlidhara L. Kadaba Chairman
Manish Amin Chief Information & Technology Officer
Sabina Chopra Chief Operating Officer-Corporate
Sector and Competitors
1st jan.Capi. (M$)
YATRA ONLINE, INC.1.04%117
BOOKING HOLDINGS INC.0.80%92 189
EXPEDIA GROUP, INC.25.81%25 240
TRIP.COM GROUP LIMITED-17.37%17 766
TONGCHENG-ELONG HOLDINGS LIMITED15.73%5 040
TRIPADVISOR, INC.-6.60%3 714