Yatra OnlineNSE:YATRA -1.01%55 Gross Margin % is 37.11% as of Mar. 2026, which is 21% above its 10-year median of 30.79. GuruFocus rates NSE:YATRA with a GF Score™ of 55/100 and a GF Value™ of ₹221.72 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 788 Travel & Leisure companies, Yatra Online ranks worse than 69.42% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Yatra Online had a gross margin of 37.11% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Yatra Online Gross Margin % Related Terms
Yatra Online Gross Margin % Historical Data
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The historical data trend for Yatra Online's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:YATRA vs BKNG, ABNB, RCL: Gross Margin % Comparison
For the Travel Services subindustry, Yatra Online's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Yatra Online Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Yatra Online's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Yatra Online's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Yatra Online (NSE:YATRA) has a Gross Margin % of 37.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Yatra Online and its competitors. This is 21% above median its historical median of 30.79. Over the past decade, Yatra Online's Gross Margin % has ranged from 21.11 to 54.38. According to the industry distribution chart, Yatra Online ranks #547 out of 788 companies in the Travel & Leisure industry, placing it in the top 69.4%.
Is Yatra Online's Gross Margin % too high?
Yatra Online's current Gross Margin % of 37.11% is 21% above median its 10-year median of 30.79. Over the past 10 years, this metric has ranged from a low of 21.11 to a high of 54.38. The Travel & Leisure industry median Gross Margin % is 44.09. Yatra Online's value of 37.11% is 15.8% below this industry median. Based on the distribution chart, Yatra Online ranks #547 out of 788 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Yatra Online has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yatra Online's Gross Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Yatra Online ranks #547 out of 788 companies for Gross Margin %. This places Yatra Online in the lower half of its industry. The industry median Gross Margin % is 44.09. Yatra Online's value of 37.11% is 15.8% below this benchmark. Historically, Yatra Online's own Gross Margin % has ranged from 21.11 to 54.38 over the past decade. While the company's 10-year median is 30.79 vs. the industry median of 44.09, Yatra Online has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.09, based on 788 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Yatra Online's current Gross Margin % of 37.11% is 15.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Yatra Online and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yatra Online's current Gross Margin % is 37.11%, which is 21% above median its own 10-year median of 30.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yatra Online stock overvalued right now?
Based on GuruFocus' analysis, Yatra Online (NSE:YATRA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹221.72, compared to a current price of ₹112.93 — trading 49.1% below its estimated fair value. The current Gross Margin % is 37.11%, which is 21% above median its 10-year median of 30.79 and 15.8% below the Travel & Leisure industry median of 44.09. Yatra Online's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Yatra Online (NSE:YATRA), the current Gross Margin % is 37.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Yatra Online (NSE:YATRA) Overvalued in 2026?
Based on GuruFocus' analysis, Yatra Online stock appears to be undervalued.
The current stock price of ₹112.93 is trading 49.1% below its estimated GF Value™ of ₹221.72.
GuruFocus considers Yatra Online to be Significantly Undervalued.
Key valuation signals for NSE:YATRA:
Gross Margin %: 37.11% (21% above median its 10-year median of 30.79)
GF Value™: ₹221.72 vs. price of ₹112.93 (49.1% below fair value)
Industry Position: 15.8% below the Travel & Leisure median (#547 of 788)
No single metric tells the full story. See the NSE:YATRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yatra Online Ltd runs a common technology platform that serves its customers through multiple mobile applications as well as on their own company's website. The company also provides other services including domestic and international air ticketing on nearly all Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings, and ancillary services within India.
55GF Score
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