Yatra Online MD, chairman, board of directors and AGM
NSE: YATRABSE: 543992Leisure ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹82.64.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,203 Cr1,190th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 9 Oct 2026
- 38.6
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹3.79 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 34.4
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 9 Oct 2026
- 1.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 9 Oct 2026
- 3.9%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹3.79 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 4.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 9 Oct 2026
- 2.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 9 Oct 2026
- 0.09
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 14,55,83941.6% delivered
Yatra Online board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonDhruv Shringi
- Company Secretary and Compliance OfficerJyoti Chawla
6 directors3 independent1 executive2 non-executive
- Dhruv Shringi · ChairpersonExecutive · joined Jan 2006 · 2 listed boards · 1 as independent
- Murlidhara KadabaNon-executive · joined Oct 2021 · 1 listed board · 2 committee seats, 1 as chair
- Deepa Misra HarrisIndependent · joined Mar 2022 · reappointed Mar 2025 · 51 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 1 as chair
- Rohit BhasinIndependent · joined Mar 2022 · reappointed Mar 2025 · 51 months as independent · 5 listed boards · 5 as independent · 9 committee seats, 5 as chair
- Anup WadhawanIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 3 as chair
- Roshan Chanaka Nirmal MendisNon-executive · joined Sep 2025 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Neelam Dhawan, left 20 Jan 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 May 20264 of 6 present2 independent · 80 days in between
- 2 Mar 20265 of 6 present3 independent · 18 days in between
- 11 Feb 20264 of 6 present3 independent
Audit Committee
Chair Rohit Bhasin
Murlidhara Kadaba, Anup Wadhawan
- 22 May 20262 of 3 present2 independent · 99 days in between
- 11 Feb 20262 of 3 present2 independent
Nomination and remuneration committee
Chair Deepa Misra Harris
Rohit Bhasin, Anup Wadhawan
- 22 May 20263 of 3 present3 independent · 80 days in between
- 2 Mar 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Murlidhara Kadaba
Deepa Misra Harris, Rohit Bhasin
- 11 Feb 20262 of 3 present2 independent
Risk Management Committee
Chair Murlidhara Kadaba
Dhruv Shringi, Rohit Bhasin
- 22 May 20262 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Anup Wadhawan
Deepa Misra Harris, Dhruv Shringi
- 11 Feb 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M S K A & ASSOCIATESPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Yatra Online AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Yatra Online share news and announcements
Annual general meeting, 15 Sep 2026
48,245 shareholders on the register on 8 Sep 2026; present: 2 promoters and 51 others; votes counted by Sundeep K. Parashar / SKP & CO..The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 together with the reports of Auditors and Board of Directors thereon.MoreLess
Ordinary92.31% for7.69% againstAgainst: promoters 0.00% · institutions 44.64% · other public 0.01%
Turnout: all 76.53% · promoters 100.00% · institutions 77.39% · other public 3.45%
- To re-appoint a Director in place of Mr. Murlidhara Kadaba (DIN: 01435701), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.87% for0.13% against
Against: promoters 0.00% · institutions 0.77% · other public 0.04%
Turnout: all 76.53% · promoters 100.00% · institutions 77.39% · other public 3.45%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 23 Apr 2026, 1 resolution
48,518 shareholders on the register on 18 Mar 2026; votes counted by Shashikant Tiwari / Chandrasekaran Associates.The company's voting result (opens in a new tab)
- Approval for the remuneration of Mr. Dhruv Shringi, Whole-Time Director (DIN: 00334986) of the CompanySpecial87.74% for12.26% against
Against: promoters 0.00% · institutions 73.18% · other public 16.79%
Turnout: all 75.31% · promoters 100.00% · institutions 83.53% · other public 0.22%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 Dec 2025, 1 resolution
44,216 shareholders on the register on 18 Dec 2025; votes counted by Shashikant Tiwari / Chandrasekaran Associates.The company's voting result (opens in a new tab)
- Appointment of Mr. Roshan Chanaka Nirmal Mendis (DIN: 11292182), as a Non-Executive, Non-Independent Director of the CompanyOrdinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.38% · other public 2.09%
Turnout: all 77.57% · promoters 100.00% · institutions 81.59% · other public 0.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2025, 3 resolutions
46,454 shareholders on the register on 18 Sep 2025; present: 2 promoters and 47 others; votes counted by Sundeep K. Parashar / SKP & CO..The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025 together with the reports of Auditors and Board of Directors thereonMoreLess
Ordinary95.78% for4.22% againstAgainst: promoters 0.00% · institutions 21.07% · other public 0.32%
Turnout: all 80.67% · promoters 100.00% · institutions 91.53% · other public 0.26%
- To re-appoint a Director in place of Mr. Murlidhara Kadaba (DIN: 01435701), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary98.55% for1.45% against
Against: promoters 0.00% · institutions 7.26% · other public 0.56%
Turnout: all 80.67% · promoters 100.00% · institutions 91.53% · other public 0.26%
To appoint Ms. Chandrasekaran Associates, Practicing Company Secretaries (Firm Registration No. P1988DE002500) as the Secretarial Auditors of the Company for a period of five (5) consecutive years and to fix their remunerationMoreLess
Ordinary99.80% for0.20% againstAgainst: promoters 0.00% · institutions 1.02% · other public 0.32%
Turnout: all 80.67% · promoters 100.00% · institutions 91.53% · other public 0.26%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 3 Jul 2025, 1 resolution
38,829 shareholders on the register on 30 May 2025; votes counted by Shashikant Tiwari / Chandrasekaran Associates.The company's voting result (opens in a new tab)
- Shifting of Registered Office of the Company from the State of Maharashtra to the National Capital Territory (NCT) of DelhiSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 11.81%
Turnout: all 86.11% · promoters 100.00% · institutions 98.24% · other public 0.31%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 2 Jan 2025, 3 resolutions
36,773 shareholders on the register on 27 Nov 2024; votes counted by Shashikant Tiwari / Chandrasekaran Associates.The company's voting result (opens in a new tab)
- Remuneration to be paid to Non-Executive, Independent Directors of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 29.97%
Turnout: all 87.50% · promoters 100.00% · institutions 89.79% · other public 0.31%
- Re-appointment of Mr. Rohit Bhasin (DIN: 02478962), as a Non-Executive, Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 21.18%
Turnout: all 87.50% · promoters 100.00% · institutions 89.79% · other public 0.31%
- Re-appointment of Ms. Deepa Misra Harris (DIN: 00064912), as a Non-Executive, Independent Director of the CompanySpecial88.54% for11.46% against
Against: promoters 0.00% · institutions 43.57% · other public 21.95%
Turnout: all 87.50% · promoters 100.00% · institutions 89.79% · other public 0.31%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2024, 3 resolutions
Present: 2 promoters and 47 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2024 together with the reports of Auditors and Board of Directors thereonMoreLess
Ordinary90.69% for9.31% againstAgainst: promoters 0.00% · institutions 33.77% · other public 0.23%
Turnout: all 89.05% · promoters 100.00% · institutions 93.03% · other public 0.40%
- To re-appoint a Director in place of Mr. Murlidhara Kadaba (DIN: 01435701), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary93.56% for6.44% against
Against: promoters 0.00% · institutions 23.37% · other public 1.19%
Turnout: all 89.05% · promoters 100.00% · institutions 93.03% · other public 0.40%
To appoint M/s. M S K A and Associates, Chartered Accountants as the Statutory Auditors of the Company for a period of five (5) consecutive years to hold office from the conclusion of this Annual General Meeting till the conclusion of the 23rd Annual General Meeting to be held in the year 2029 and to fix their remunerationMoreLess
Ordinary93.56% for6.45% againstAgainst: promoters 0.00% · institutions 23.37% · other public 3.08%
Turnout: all 89.05% · promoters 100.00% · institutions 93.03% · other public 0.40%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 7 May 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Dr. Anup Wadhawan (DIN: 03565167) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 5.55%
Turnout: all 90.97% · promoters 100.00% · institutions 90.45% · other public 0.27%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 15 Sep 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 together with the reports of Auditors and Board of Directors thereon.MoreLess
3 for0 against- To re-appoint a Director in place of Mr. Murlidhara Kadaba (DIN: 01435701), who retires by rotation and being eligible, offers himself for re-appointment3 for0 against
Mutual fund votes, meeting of 23 Apr 2026, 7 fund houses
- Approval for the remuneration of Mr. Dhruv Shringi, Whole-Time Director (DIN: 00334986) of the Company
Against Bandhan Mutual Fund, Groww Mutual Fund, ICICI Prudential Mutual Fund, UTI Mutual Fund
- Bandhan Mutual Fund, Groww Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance concern: The Company has not disclosed the number of options proposed to be granted, nor has it prescribed an upper limit on the potential ESOP grants that may be made to Mr. Dhruv Shringi in the future. In the absence of such disclosure, shareholders will be unable to assess the potential economic benefit that may accrue to him pursuant to the future ESOP grant.
- ICICI Prudential Mutual FundDhruv Shringi, 53, is the Co-founder and Whole time Director of the company but cHe resigned as the CEO of the company on 24 November 2025 and has transitioned as the Executive Chairperson of the board. Based on the proposed terms, we estimate his annual remuneration at Rs. 251.6 mn, which is high and not commensurate with overall size and scale of company’s operations. Also remuneration on Consolidated Profit before tax is high.His remuneration terms are open-ended with no absolute cap on his overall remuneration. Given these concerns, the AMC had voted against the resolution.
- UTI Mutual FundDhruv Shringi, 53, is the Co-founder and Whole‑time Director of the company. He was appointed for a five‑year term from 8 December 2021, and his remuneration was fixed until 31 March 2026. He resigned as the CEO of the company on 24 November 2025 and has transitioned as the Executive Chairperson of the board. The company now proposes to approve the payment of remuneration as Whole-time Director to Dhruv Shringi from 1 April 2026 to 7 December 2026. Based on the proposed terms, we estimate his annual remuneration at Rs. 251.6 mn, which is high and not commensurate with overall size and scale of company’s operations. The company should disclose the quantum of stock options proposed to be granted during his tenure along with the performance metrics linked to his variable pay. His remuneration terms are open-ended with no absolute cap on his overall remuneration. Given these concerns, we do not support the resolution.
3 for4 against
6 earlier meetings
Mutual fund votes, meeting of 18 Dec 2025, 6 fund houses
- Appointment of Mr. Roshan Chanaka Nirmal Mendis (DIN: 11292182), as a Non-Executive, Non-Independent Director of the Company6 for0 against
Mutual fund votes, meeting of 25 Sep 2025, 5 fund houses
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025 together with the reports of Auditors and Board of Directors thereonMoreLess
Against Motilal Oswal Mutual Fund, UTI Mutual Fund
- Motilal Oswal Mutual FundQualified opinion on Standalone and Consolidated financial statements. Governance Concern: Undisputed Statutory Dues unpaid for more than 2 years and no explanation from management.
- UTI Mutual FundWe have relied on the auditor’s opinion: the auditors have issued a qualified opinion on the internal financial controls – the auditors state that the company has not retained adequate documents evidencing performance of review of certain control attributes relating to payments / receipts for packages, updation of vendor masters and vendor code creation. Further, certain control attributes pertaining to review of ageing and vendor reconciliation were not operating effectively during part of the year. We engaged with the company on this. below are the responses: 1. Auditor qualification is regarding the package business, which is a very small % of their overall business. 2. The company is already in the process of setting up new ERP system at organisation wide level. This will ensure tighter internal control across organisation. We will continue to closely monitor progress on this.
3 for2 against- To re-appoint a Director in place of Mr. Murlidhara Kadaba (DIN: 01435701), who retires by rotation and being eligible, offers himself for re-appointment
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. No major concern identified. Governance concern: Board chairperson and board non-compliant with respect to the number of directors.
4 for1 against To appoint Ms. Chandrasekaran Associates, Practicing Company Secretaries (Firm Registration No. P1988DE002500) as the Secretarial Auditors of the Company for a period of five (5) consecutive years and to fix their remunerationMoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. No concern on the merits of the proposed Auditors. Transparency concern: Remuneration of outgoing auditor not disclosed, thus, material change, if any, with proposed audit fee cannot be ascertained.
4 for1 against
Mutual fund votes, meeting of 3 Jul 2025, 4 fund houses
- Shifting of Registered Office of the Company from the State of Maharashtra to the National Capital Territory (NCT) of Delhi4 for0 against
Mutual fund votes, meeting of 2 Jan 2025, 5 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Remuneration to be paid to Non-Executive, Independent Directors of the Company4 for0 against
- Re-appointment of Mr. Rohit Bhasin (DIN: 02478962), as a Non-Executive, Independent Director of the Company5 for0 against
- Re-appointment of Ms. Deepa Misra Harris (DIN: 00064912), as a Non-Executive, Independent Director of the Company
Against Bandhan Mutual Fund, Edelweiss Mutual Fund, UTI Mutual Fund
- Bandhan Mutual Fund, Edelweiss Mutual FundCompliant with law. Governance concern: Poor attendance in AGM & Committee meetings
- UTI Mutual FundMs. Deepa Misra Harris, 66, is a designated partner in Brands We love LLP. She was associated with Indian Hotels Company Limited for over three decades as Senior Vice President - sales and marketing with expertise in hospitality, travel and luxury category. She holds a Master’s degree in Arts from the University of Delhi. She has attended seven out of ten (70%) board meetings held in FY24 and 15 out of 22 (68%) board meetings since her appointment on 16 March 2022. We expect directors to attend all board meetings and at the very least 75% of the board meetings over a three-year period. We have a threshold of 75% attendance in the three years prior to reappointment. We do not support the resolution.
2 for3 against
1 proposal not matched to one resolution
- Approve payment of commission to Independent Directors at Rs. 3.15 mn per director, for three years from 16 March 20251 for0 against
Mutual fund votes, meeting of 25 Sep 2024, 4 fund houses
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2024 together with the reports of Auditors and Board of Directors thereonMoreLess
Against Bandhan Mutual Fund
- Bandhan Mutual FundQualified opinion on Standalone and Consolidated financial statements. Governance Concern: Undisputed Statutory Dues unpaid for more than 2 years and no explanation from management.
3 for1 against- To re-appoint a Director in place of Mr. Murlidhara Kadaba (DIN: 01435701), who retires by rotation and being eligible, offers himself for re-appointment.
Against Bandhan Mutual Fund, Edelweiss Mutual Fund
- Bandhan Mutual FundCompliant with law. Governance Concern: as Board Chairperson, Low Attendance in AGM meetings held during last 3 years
- Edelweiss Mutual FundLow Attendance in AGM meetings held during last 3 years
2 for2 against To appoint M/s. M S K A and Associates, Chartered Accountants as the Statutory Auditors of the Company for a period of five (5) consecutive years to hold office from the conclusion of this Annual General Meeting till the conclusion of the 23rd Annual General Meeting to be held in the year 2029 and to fix their remunerationMoreLess
Against Bandhan Mutual Fund, Edelweiss Mutual Fund
- Bandhan Mutual FundCompliant with law. Governance & Transparency concern: No justification for the material change in the proposed Audit fees
- Edelweiss Mutual FundNo justification for the material change in the proposed Audit fees
2 for2 against
Mutual fund votes, meeting of 7 May 2024, 5 fund houses
- Appointment of Dr. Anup Wadhawan (DIN: 03565167) as an Independent Director.5 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesSep 2023, checked by ICRA Limited | 775.00 | Strategic investments, acquisitions and inorganic growth | 150.00 | 128.98 | No |
| Public IssuesSep 2023, checked by ICRA Limited | 775.00 | Investment in customer acquisition and retention, technology, and other organic growth initiatives | 392.00 | 353.25 | No |
| Public IssuesSep 2023, checked by ICRA Limited | 775.00 | General corporate purposes | 28.10 | 18.40 | No |