September 15, 2023 - September 20, 2023

Yatra Online IPO Review & Recommendations

Arihant Capital Markets Ltd, BP Equities (BP Wealth), Indsec Securities and Ventura Securities Limited have given "Apply" recommendation to Yatra Online IPO. Capital Market and Religare Broking Limited have "Neutral" view about the IPO. Dilip Davda recommend to "Avoid" the IPO.Ashika Research and Axis Capital have "Not Rated" the IPO.

Yatra Online IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	4	0	2	1	2
%	44.44	0.00	22.22	11.11	22.22

Yatra Online IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Arihant Capital Markets Ltd	Apply
Ashika Research	Not Rated
Axis Capital	Not Rated
BP Equities (BP Wealth)	Apply
Capital Market	Neutral
Dilip Davda	Avoid
Indsec Securities	Apply
Religare Broking Limited	Neutral
Ventura Securities Limited	Apply

Yatra Online IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Yatra Online IPO is 40. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	40	Avoid, however active risk seekers can try

Yatra Online IPO Review by Dilip Davda (Avoid)

[Dilip Davda] Though YOL is one of the largest corporate travel service providers, it posted dismal financial performance till FY22. Based on its improved FY23 earnings, the issue appears exorbitantly priced. It has posted the highest attrition rates for the reported periods, which raises concern. There is no harm in skipping this pricey bet. Read detail review...

Yatra Online IPO Peer Comparison

Yatra Online Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Yatra Online Limited	0.69	0.69	15.04		4.50
Easy Trip Planners Limited	0.77	0.77	2.13	56.53	36.21

Notes:

Figures for Easy Trip Planners Limited have been taken from the company reports.
Figures of Yatra Online Limited are derived from Restated Consolidated Summary Statements for the year ended March 31, 2023.
The P/E ratio has been calculated as the closing price as on March 31, 2023, divided by EPS as on March 31, 2023.
Return on Net Worth ("RoNW") = Calculated as restated consolidated profit/(loss) for the year attributable to equity holders divided by Net Worth at the end of the year.
Net asset value per share (in ₹): Net asset value per share is calculated by dividing net asset value by the weighted average number of equity shares outstanding at the end of the year.

Yatra Online IPO Review by Members

Yatra Online IPO Reviews, analysis and views by popular members. Read Yatra Online Limited IPO reviews by retail investors to find recommended ipo to buy.

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Yatra Online IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	0	10
%	9.09	0.00	0.00	90.91

Member	Review
Crow IPO Mentor (700+ Posts, 900+ Likes)	Avoid I don't see any reason for anyone to apply. Thanks. September 20, 2023 12:28:56 PM
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	Avoid Kahin Paytm naa ho jaye? September 18, 2023 12:48:01 PM
IPOTraders IPO Mentor (700+ Posts, 300+ Likes)	Avoid Clear cut avoid, Very high PE. Better options available September 18, 2023 11:42:04 AM
Scrip Slinger	Apply for Short Term at Upper Price Band A lot of misunderstanding of Yatra 200 p/e. Investors should look at quarterly reports made to SEC on Yatra's IR website. Q4 Op Income was 115.5m vs 79.7m for FY2023, because first 9M23 was loss making. This includes extra expenses at HoldCo level. RHP annual figures are not meaningful. I estimate run-rate P/E based on Q4 of 50-60x. Material upside if operating leverage continues to grow profits faster than revenues. NASDAQ stock is up 500% from covid lows and recovery trajectory continues. September 17, 2023 10:13:26 PM
Kabir Dass	Avoid Yatra: PE 289 ROE 18 ROCE 26 Profit 7 crores v/s Ease My Trip: PE 49 ROE 46 ROCE 54 Profit 150 crores September 17, 2023 8:17:44 AM
Vicksa	Avoid Better players in market September 15, 2023 7:12:00 PM
Top Contributor	Avoid highly valued September 15, 2023 1:48:57 PM
Redhu Jind (200+ Posts)	Avoid PE 200+ kya soch ke IPO late hai ye LOg, kaha se aate hai ye log 1 September 15, 2023 8:47:22 AM
raj kk	Avoid High attrition & valaluation September 14, 2023 10:12:23 PM
AJAY KUMAR PRAJAPATI	Avoid Company is not much profitable September 14, 2023 12:52:21 PM
PHARROAD WALE BABAJI	Avoid Paisa Jyada he kya ? Hai to duba ne ke liye nhi he. Jokhim lena h to lijiye. September 13, 2023 8:18:55 PM

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1 Comments

1. Indian First Link|September 15, 2023 11:00:13 AM

Very high PE. Peer PE - https://www.screener.in/company/EASEMYTRIP/