Yatra Online, Inc. (YTRA) Cash Flow Statement
Where YTRA’s cash came from and went, FY2026
March 31, 2026 · Indian rupees- Cash from operations
- ₹614.8M
- Capital expenditures
- ₹614.8M 5.8% of revenue
- Free cash flow
- ₹210.7M 2.0% margin
- Returned to shareholders
- —
- Change in cash
- ₹325.2M cash at year-end ₹984.2M
Cash from operations
₹614.8M
Capital expenditures
−₹614.8M
Investments (net)
−₹85.9M
Acquisitions & other
+₹231.7M
Net borrowing (repayment)
−₹295.4M
Other financing
−₹120.0M
Currency & other
+₹594.7M
Change in cash
₹325.2M
Drawn to scale: where the cash came from and how it was used. Hover for values.
YTRA operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
YTRA cash flow trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −₹1.59BFY2017 | ₹614.8MFY2026 | — | |
| Capital expenditures | ₹473.7MFY2017 | ₹614.8MFY2026 | +2.9%/yr | |
| Free cash flow | −₹2.06BFY2017 | ₹210.7MFY2026 | — | |
| Free cash flow margin | −22.1%FY2017 | 2.0%FY2026 | +24.1 pts | |
| Stock-based compensation | ₹586.9MFY2017 | ₹277.6MFY2026 | −8.0%/yr | |
| Dividends paid | ₹4.02BFY2017 | ₹0FY2026 | −100.0% | |
| Share buybacks (net) | ₹11.2MFY2017 | ₹0FY2026 | −100.0% | |
| Capex / revenue | 5.1%FY2017 | 5.8%FY2026 | +0.7 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
YTRA cash flow by activity
OperatingInvestingFinancingChange in cash
YTRA net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
YTRA cash flow statement in Indian rupees
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −₹233.6M | ₹10.7M | −₹329.3M | −₹241.4M | −₹465.6M | −₹1.13B | −₹659.0M | −₹2.07B | −₹3.70B | −₹5.90B |
| Depreciation & amortization | ₹433.0M | ₹308.9M | ₹197.5M | ₹190.2M | ₹308.2M | ₹749.5M | ₹622.6M | ₹616.9M | ₹432.0M | ₹275.6M |
| Stock-based compensation | ₹277.6M | ₹125.0M | ₹229.3M | ₹152.1M | ₹209.6M | ₹77.1M | ₹100,000 | ₹263.4M | ₹720.7M | ₹586.9M |
| Change in working capital | ₹73.9M | −₹571.2M | −₹1.31B | −₹2.03B | −₹896.4M | ₹1.28B | −₹659.5M | −₹2.95B | ₹943.8M | −₹384.6M |
| Other non-cash items | ₹63.9M | −₹164.5M | −₹225.4M | −₹30.8M | −₹127.9M | −₹214.1M | ₹268.7M | ₹51.5M | ₹807.0M | ₹3.83B |
| Cash from operating activities | ₹614.8M | −₹291.1M | −₹1.43B | −₹1.96B | −₹972.2M | ₹765.4M | −₹427.1M | −₹4.09B | −₹795.9M | −₹1.59B |
| Investing activities | ||||||||||
| Capital expenditures | −₹614.8M | −₹295.3M | −₹266.5M | −₹154.2M | −₹99.4M | −₹79.0M | −₹192.8M | −₹417.3M | −₹124.0M | −₹473.7M |
| Investments (net) | −₹85.9M | ₹49.0M | −₹2.30B | −₹146.0M | −₹86.5M | −₹230.4M | ₹96.6M | −₹650.3M | ₹1.22B | −₹2.38B |
| Acquisitions & other investing | ₹231.7M | ₹295.3M | ₹266.5M | ₹154.2M | ₹99.4M | ₹79.0M | ₹221.3M | ₹426.3M | ₹101.6M | ₹473.7M |
| Cash from investing activities | −₹468.9M | ₹49.0M | −₹2.30B | −₹146.0M | −₹86.5M | −₹230.4M | ₹125.2M | −₹641.3M | ₹1.20B | −₹2.38B |
| Financing activities | ||||||||||
| Dividends paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | −₹4.02B |
| Share repurchases & issuance (net) | ₹0 | −₹199.1M | −₹210.4M | ₹0 | ₹0 | — | — | ₹0 | −₹112.4M | −₹11.2M |
| Net borrowing (repayment) | −₹295.4M | −₹751.2M | −₹1.79B | ₹1.91B | ₹185.9M | −₹146.0M | −₹415.8M | −₹526.7M | ₹786.7M | −₹451.7M |
| Shares issued | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹772.2M | ₹0 | ₹3.56B | ₹0 | ₹0 |
| Other financing | −₹120.0M | −₹75.9M | ₹7.13B | −₹157.8M | −₹50.6M | −₹90.9M | ₹730.8M | ₹545.7M | ₹22.4M | ₹9.67B |
| Cash from financing activities | −₹415.3M | −₹1.03B | ₹5.13B | ₹1.75B | ₹135.3M | ₹535.3M | ₹315.0M | ₹3.58B | ₹696.7M | ₹5.19B |
| Summary | ||||||||||
| Net change in cash | ₹325.2M | −₹1.19B | ₹1.24B | −₹296.7M | −₹911.3M | ₹1.07B | ₹17.9M | −₹1.15B | ₹1.71B | ₹1.14B |
| Cash at end of period | ₹984.2M | ₹548.7M | ₹1.74B | ₹503.6M | ₹800.3M | ₹1.71B | ₹575.5M | ₹557.5M | ₹1.71B | ₹1.53B |
| Free cash flow | ₹210.7M | −₹586.4M | −₹1.70B | −₹2.12B | −₹1.07B | ₹686.5M | −₹619.9M | −₹4.51B | −₹919.9M | −₹2.06B |
| Free cash flow margin | 2.0% | −7.4% | −40.6% | −55.3% | −53.9% | 54.0% | −10.8% | −60.1% | −8.5% | −22.1% |
| Capex / revenue | 5.8% | 3.7% | 6.4% | 4.0% | 5.0% | 6.2% | 3.4% | 5.6% | 1.1% | 5.1% |
| Operating cash flow / net income | — | −27.33 | — | — | — | — | — | — | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | ₹34.5M | −₹166.5M | −₹158.9M | ₹47.9M | ₹52.9M | −₹809,989 | ₹40.7M | −₹187,695 | ₹40.4M | −₹340,269 | −₹27.5M | −₹263.2M |
| Depreciation & amortization | ₹112.3M | ₹110.8M | ₹108.9M | ₹98.9M | ₹91.5M | ₹100.2M | ₹73.8M | ₹74.0M | ₹60.8M | ₹54.1M | ₹46.8M | ₹48.5M |
| Stock-based compensation | — | — | — | — | ₹10.3M | — | — | — | ₹207.1M | ₹207.1M | ₹51.8M | ₹55.8M |
| Change in working capital | −₹996.4M | −₹197.5M | −₹401.3M | −₹398.2M | ₹1.06B | −₹5.9M | −₹146.1M | −₹7.2M | ₹681.4M | −₹879,772 | −₹1.11B | −₹158.5M |
| Other non-cash items | ₹170.2M | ₹108.2M | ₹48.5M | ₹11.1M | ₹138.7M | −₹95.9M | −₹25.4M | −₹73.6M | −₹291.9M | −₹263.3M | −₹84.5M | ₹23.5M |
| Cash from operating activities | −₹679.4M | −₹145.0M | −₹402.7M | −₹240.2M | ₹1.35B | −₹2.4M | −₹57.0M | −₹7.0M | ₹697.8M | −₹3.3M | −₹1.13B | −₹293.9M |
| Investing activities | ||||||||||||
| Capital expenditures | −₹679.4M | −₹145.0M | ₹0 | −₹272.0M | −₹2.4M | −₹2.4M | ₹0 | −₹7.0M | −₹3.3M | −₹3.3M | −₹20.3M | −₹705,000 |
| Investments (net) | — | — | — | −₹16.4M | −₹289.3M | −₹93.6M | −₹28.7M | ₹805.0M | −₹633.7M | ₹628.5M | −₹1.06B | −₹1.75B |
| Acquisitions & other investing | ₹685.8M | ₹26.0M | −₹13.9M | ₹272.0M | ₹2.4M | ₹92.6M | ₹0 | −₹788.4M | ₹3.3M | −₹525.9M | ₹20.3M | ₹705,000 |
| Cash from investing activities | ₹6.3M | −₹119.0M | −₹13.9M | −₹16.4M | −₹289.3M | −₹3.3M | −₹28.7M | ₹9.6M | −₹633.7M | ₹99.4M | −₹1.06B | −₹1.75B |
| Financing activities | ||||||||||||
| Share repurchases & issuance (net) | — | — | — | — | −₹199.1M | — | — | — | −₹210.4M | — | −₹210.4M | — |
| Shares issued | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other financing | ₹395.3M | −₹62.1M | ₹203.5M | ₹162.3M | −₹491.3M | ₹5.6M | −₹275.9M | −₹5.8M | −₹457.2M | −₹92.8M | −₹775.6M | ₹6.43B |
| Cash from financing activities | ₹395.3M | −₹62.1M | ₹203.5M | ₹162.3M | −₹690.4M | ₹5.6M | −₹275.9M | −₹5.8M | −₹667.7M | −₹92.8M | −₹986.1M | ₹6.43B |
| Summary | ||||||||||||
| Net change in cash | −₹233.7M | ₹306.6M | −₹228.8M | −₹120.6M | ₹147.5M | −₹172,552 | −₹271.5M | −₹3.1M | −₹591.1M | ₹1.3M | −₹3.17B | ₹4.34B |
| Cash at end of period | ₹774.7M | ₹984.2M | ₹346.7M | ₹575.6M | ₹696.2M | ₹7.1M | ₹621.6M | ₹10.7M | ₹1.15B | ₹20.9M | ₹1.63B | ₹4.80B |
| Free cash flow | −₹675.4M | −₹496.8M | −₹402.7M | ₹31.8M | ₹1.35B | −₹645.4M | −₹57.0M | −₹581.8M | ₹697.8M | −₹340.4M | −₹1.13B | −₹293.9M |
| Free cash flow margin | −35.7% | −26.3% | −15.6% | 0.9% | 64.4% | −29.5% | −2.4% | −24.6% | 66.4% | −31.6% | −101.3% | −31.0% |
| Capex / revenue | 35.9% | 7.7% | 0.0% | 7.8% | 0.1% | 0.1% | 0.0% | 0.3% | 0.3% | 0.3% | 1.8% | 0.1% |
| Operating cash flow / net income | −19.72 | — | — | −5.02 | 25.53 | — | −1.40 | — | 17.26 | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Indian rupees as reported; data from EODHD.
YTRA cash generation
In fiscal 2026 (ended March 31, 2026), Yatra Online generated ₹614.8 million of cash from operations and spent ₹614.8 million on capital expenditures, leaving free cash flow of ₹210.7 million, 2.0% of revenue. Cash and equivalents rose by ₹325.2 million over the year.
Related: YTRA income statement, YTRA balance sheet. See the YTRA stock overview for the latest quote and news.
YTRA cash flow FAQ
What is Yatra Online's free cash flow?
Yatra Online's free cash flow was ₹210.7 million in fiscal 2026: ₹614.8 million of operating cash flow minus ₹614.8 million of capital expenditures It was -₹586.4 million a year earlier..
How much cash does Yatra Online generate from operations?
Yatra Online generated ₹614.8 million of cash from operating activities in fiscal 2026.
How much does Yatra Online spend on capital expenditures?
Yatra Online spent ₹614.8 million on capital expenditures in fiscal 2026, 5.8% of revenue, compared with ₹295.3 million the year before.