YATRA

What Yatra Online promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 13 tracked 3 delivered 2 missed 8 open
  • Headcount Reduction via AI went quiet said Q2 FY26 Promised: 75 heads optimized by end of this fiscal year, 200 by end of next year Q1 FY27: No update provided on the specific headcount reduction target. Management continues to discuss AI in general terms for efficiency.
  • EBITDA to Gross Margin Ratio at risk said Q1 FY26 Promised: 25% in 12-18 months, 30% in 36 months Q1 FY27: Actual ratio dropped further to 12.29%. The 18-month target (by Q2 FY27) is now at high risk. Management guides for recovery to 20%+ in H2 FY27.
  • Return on Capital Employed (ROCE) on track said Q4 FY26 Promised: High teens ROCE in the next three to four years Q1 FY27: Long-term target remains. However, Q1 EBITDA compression creates a near-term headwind.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 13 tracked commitments for Yatra Online — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens