Company Overview
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Saudi Arabia, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air tickets, hotels and alternative accommodations, holiday packages, bus tickets, rail tickets, car hire, tours and attractions, travel assurance products and add-on products for bookings; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products; and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands, as well as foreign exchange, prepaid forex cards, cross-border remittances and related financial services. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.
Why Investors Should Care
Revenue has grown at a 20.8% CAGR over the past five years.
Operating margin of 15.3% supports profitability.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of $1.04B (+6.7% YoY); net profit $51.80M.
- Trailing 12 Months Year-on-year growth — revenue +6.2%, earnings -60.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 20.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 20.75% |
| 1 Year: | 6.20% |
Compounded Profit Growth
| 5 Years: | - |
| 1 Year: | -60.80% |
Stock Price Performance
| 1 Year: | -43.62% |
| 6 Months: | +7.14% |
| 3 Months: | +29.26% |
| 1 Month: | -10.18% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- Golden Cross4d ago
- RSI (14)36.76 · Neutral
P/E of 234.35 is above the sector median of 18.98 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 20.8% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 234.3.
- Trading 47.8% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MMYT MakeMyTrip Limited | 53.90 | 234.35 | $4.78B | 0.00% | 11.04% | - | 20.75% | - |
| 2 | AMZN Amazon.com, Inc. NDXSPXR3KAITECH | 256.97 | 20.66 | $2.77T | 0.00% | 13.33% | 30.56% | 24.04% | 32.72% |
| 3 | TSLA Tesla, Inc. NDXSPXR3KAI | 368.16 | 347.32 | $1.45T | 0.00% | 4.10% | 4.67% | 52.40% | 39.39% |
| 4 | HD The Home Depot, Inc. SPXR3K | 313.70 | 21.97 | $312.98B | 3.08% | 28.75% | 104.30% | 4.06% | 6.35% |
| 5 | BABA Alibaba Group Holding Limited AITECH | 112.66 | 25.43 | $280.03B | 0.93% | 4.16% | 6.36% | 5.62% | 12.49% |
| 6 | TM Toyota Motor Corporation | 191.45 | 8.46 | $226.71B | 3.23% | 5.24% | 12.40% | 10.91% | 16.22% |
| 7 | MCD McDonald's Corporation SPXR3K | 255.81 | 20.80 | $181.02B | 2.99% | 22.47% | - | 0.92% | 7.33% |
| 8 | TJX The TJX Companies, Inc. SPXR3K | 128.92 | 23.87 | $142.42B | 1.52% | 21.26% | 62.17% | 6.84% | 8.48% |
| 9 | BKNG Booking Holdings Inc. NDXSPXR3K | 180.30 | 20.03 | $139.71B | 0.87% | 70.23% | -96.88% | 16.93% | 22.07% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 245.46M | 268.85M | 229.34M | 295.69M | 250.12M |
| Cost of Revenue | 62.11M | 74.89M | 51.51M | 87.86M | 59.59M |
| Gross Profit | 183.35M | 193.96M | 177.83M | 207.82M | 190.53M |
| Operating Expenses | 150.72M | 153.60M | 143.39M | 166.94M | 150.39M |
| Operating Income | 32.63M | 40.36M | 34.44M | 40.89M | 40.14M |
| EBITDA | 30.19M | 54.32M | 48.63M | 54.67M | 40.70M |
| Interest Expense | -7.78M | 10.77M | 43.11M | 34.54M | 3.69M |
| Pretax Income | 30.96M | 36.38M | -1.45M | 13.15M | 30.28M |
| Tax Provision | 1.74M | 10.57M | 4.29M | 5.87M | 5.96M |
| Net Income | 29.20M | 25.92M | -5.62M | 7.25M | 24.25M |
| Diluted EPS | 0.25 | 0.22 | -0.06 | 0.07 | 0.02 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 593.04M | 782.52M | 978.34M | 1.04B |
| Cost of Revenue | - | 177.57M | 215.09M | 274.35M | 273.85M |
| Gross Profit | - | 415.47M | 567.43M | 703.99M | 770.14M |
| Operating Expenses | - | 394.01M | 491.46M | 582.75M | 614.32M |
| Operating Income | - | 21.46M | 75.98M | 121.24M | 155.82M |
| EBITDA | - | 31.72M | 137.93M | 159.95M | 198.07M |
| Interest Expense | - | 16.62M | 17.75M | 16.94M | 91.86M |
| Pretax Income | - | -12.14M | 92.94M | 115.89M | 78.37M |
| Tax Provision | - | -976.00K | -123.81M | 20.62M | 26.70M |
| Net Income | - | -11.32M | 216.80M | 95.10M | 51.80M |
| Diluted EPS | -0.42 | -0.10 | 1.74 | 0.83 | - |
Balance Sheet (Annual)
Figures in USD.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 1.36B | 1.66B | 1.83B | 1.75B |
| Current Assets | - | 671.91M | 857.28M | 1.07B | 1.05B |
| Cash & Equivalents | - | 284.02M | 327.06M | 508.90M | 424.83M |
| Inventory | - | 25.00K | 218.00K | 363.00K | 612.00K |
| Receivables | - | 68.85M | 91.95M | 141.14M | 163.01M |
| Total Liabilities | - | 483.77M | 543.66M | 620.31M | 1.81B |
| Current Liabilities | - | 453.66M | 297.57M | 576.61M | 343.20M |
| Long Term Debt | - | 1.90M | 203.85M | 3.12M | 1.39B |
| Total Debt | - | 235.16M | 221.62M | 236.57M | 1.41B |
| Total Equity | - | 869.57M | 1.11B | 1.20B | -67.77M |
| Shares Outstanding | - | 106.13M | 109.78M | 111.26M | 94.06M |
Cash Flows (Annual)
Figures in USD.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 32.21M | 125.74M | 185.29M | 182.54M |
| Investing Cash Flow | - | 46.63M | -75.59M | 26.44M | -127.08M |
| Financing Cash Flow | - | -6.21M | -6.24M | -22.89M | -107.41M |
| Capital Expenditure | - | -16.90M | -12.82M | -11.76M | -14.53M |
| Free Cash Flow | - | 15.31M | 112.92M | 173.52M | 168.01M |
| Net Change in Cash | - | 72.63M | 43.91M | 188.84M | -51.95M |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 70.1% | 72.5% | 72.0% | 73.8% |
| Operating Margin % | - | 3.6% | 9.7% | 12.4% | 14.9% |
| Net Margin % | - | -1.9% | 27.7% | 9.7% | 5.0% |
| ROE % | - | -1.3% | 19.5% | 7.9% | -76.4% |
| ROCE % | - | 2.4% | 5.6% | 9.7% | 11.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Verition Fund Management, LLC | 36.61% | 32.50M | $1.56B |
| 2 | BAILLIE GIFFORD & CO | 16.53% | 14.67M | $702.99M |
| 3 | Schroder Investment Management Group | 8.68% | 7.71M | $369.41M |
| 4 | Royal Bank of Canada | 6.89% | 6.11M | $292.97M |
| 5 | FMR, LLC | 5.43% | 4.82M | $231.06M |
| 6 | Morgan Stanley | 4.24% | 3.76M | $180.35M |
| 7 | Artisan Partners Limited Partnership | 3.50% | 3.10M | $148.68M |
| 8 | Wellington Management Group, LLP | 3.16% | 2.81M | $134.57M |
| 9 | Massachusetts Financial Services Co. | 3.14% | 2.79M | $133.47M |
| 10 | Wasatch Advisors LP | 2.79% | 2.47M | $118.53M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MMYT
Carrhae Capital LLP Grows Position in MakeMyTrip Limited $MMYT - marketbeat.com
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MakeMyTrip (MMYT) Stock Falls Amid Market Uptick: What Investors Need to Know - finance.yahoo.com
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Makemytrip Stock Price Forecast. Should You Buy MMYT? - StockInvest.us
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Makemytrip Limited Mauritius (MMYT) Debt 2025: $10.8M, down 16.9% - Stock Titan
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MakeMyTrip (MMYT) Stock Looks Overvalued As Sales Premium Stays High - simplywall.st
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MMYT - MakeMyTrip Ltd Stock Price and Quote - Finviz
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MMYT — Frequently Asked Questions
What is the current share price of MakeMyTrip Limited (MMYT)?
As of 2026-09-19 21:16 PDT, MakeMyTrip Limited (MMYT) trades at $53.90 on NasdaqGS. Its 52-week range is $36.30 to $103.21.
What is the market capitalisation of MMYT?
MakeMyTrip Limited (MMYT) has a market capitalisation of $4.78B on NasdaqGS.
What is the P/E ratio of MMYT?
MMYT trades at a trailing price-to-earnings (P/E) ratio of 234.35. The industry average P/E is 18.98. Its price-to-book (P/B) ratio is -66.93.
Is MMYT a good stock to buy?
This page provides a data-driven analysis of MakeMyTrip Limited (MMYT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.