Yatra is India’s largest corporate travel services provider in terms of the number of corporate clients and the third largest online travel company in India among key OTA players in terms of gross booking revenue and operating revenue, for Fiscal Year 2023 (Source: Crisil Report). It is a one-stop shop for travellers, with offerings including access to airlines and hotels, as well as holiday packages, buses, cabs, trains, and other services such as visa facilitation, tours, sightseeing, shows, and events.
The company provides access to hotels, homestays, and other accommodations through its platform, and has the largest number of hotel and accommodation tie-ups amongst key domestic OTA players of over 105,600 hotels, as on March 31, 2023 (Source: Crisil Report). It has a wide network of travel agents of over 29,800 travel agents registered with the company across almost all major cities in India, as of March 31, 2023. The company offers products and services online through its websites and mobile applications. Its go-to-market strategy spans the entire value chain of travel and hospitality covering B2C (business to consumer) and B2B (business to business which includes business to enterprise and business to agents). In Fiscals 2023, 2022, and 2021, the firm generated 46.82%, 58.09% and 71.19% of its revenues from operations from Air Ticketing business, 38.03%, 25.85% and 12.48% of its revenues from Hotels and Packages business and 4.06%, 7.38% and 2.50% of its revenues from other services.
Snapshot of Operating Metrics of Yatra:
(In Rs Cr.)
Operating Metrics
FY23
FY22
FY21
Gross Bookings
Air Ticketing
5,640.84
2,764.88
1,300.18
Hotels and Packages
815.33
347.88
170.45
Other Services
281.10
316.23
110.96
Total Gross Bookings
6,737.27
3,428.99
1,581.58
Summary of Restated Consolidated Financial Information
(In Rs Cr., except per share data)
Particulars
FY23
FY22
FY21
Equity share capital
11.45
11.19
11.09
Net worth
169.52
100.93
123.49
Total Income
397.47
218.81
143.62
Restated loss for the year
7.63
-30.79
-118.86
Earnings/(loss) per Equity Share (diluted)
0.69
-2.76
-11.08
Total borrowings
153.07
35.86
13.11
Strengths
- Trusted brand with a proven track record and targeted marketing strategy - Large and Loyal Customer Base - Synergistic Multi-Channel Go to Market approach for Business and Leisure Travelers - Integrated Technology Platform - Comprehensive Selection of Service and Product Offerings - Experienced management team with an established track record
Strategies
- Growth in the customer base using cost-effective technology solutions - Grow “Share Of Wallet” With Existing Customers—Leverage our Multi-Channel Approach and Our Loyalty Programs - Further Strengthen our focus on Corporate business - Invest in Technology “One-Stop Shop” For All Travel Needs - Fuel Growth Through Innovative Acquisition Strategies - Leverage our existing travel agent network in Tier II and Tier III cities
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FAQ’s
Can I trade an IPO through a Discount Broker?
Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
What are the benefit of buying & selling IPOs through a discount broker?
Following are the benefits in buying and selling an IPOs through a discount broker.
Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors.
Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
How is it possible to trade an IPO through a discount broker when SEBI has made mandatory to buy an IPO through ASBA?
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
How can I buy and sell IPO through a discount broker?
This is very easy, you need to do the following to buy and sell IPOs hasslefree with a discount broker.
Open a trading & demat account with a discount broker.
Open a trading account with a full service broker like banks which are offer IPO buying through ASBA route.
While filling up the information for the demat account while opening an account with a bank, you need to give the details of demat account which is with the discount broker. Once your demat account is linked with the trading account of the bank then you simply buy and sell IPO.
Investors need to understand that almost all brokers don’t charge any annual fee for trading account therefore having multiple trading accounts linked to a single demat account won’t incur any cost to investors. ,
What documents are required to open an account with Samco?
You need to submit the following documents for opening an account with Samco :
Photograph
PAN Card
Bank Details – Cancelled cheque or Bank Statement/Passbook copy
Aadhar Card (or alternative address proof such as Drivers license, Voter ID, etc)
Proof of Income (6 months bank statement or ITR Return or 3 months salary slip)
Easy & quick