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MMYT US​

MakeMyTrip Ltd(MMYT US)

$42.09-3.257.17%Ext:$42.25+0.160.38%(Market Closed · 23:56:21 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

MakeMyTrip Ltd — Company Profile

MakeMyTrip Limited operates as a prominent online travel platform, offering a wide array of travel products and solutions across an extensive global footprint, including India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Its operations are strategically divided into three key segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The company provides a comprehensive suite of services, encompassing airline reservations, hotel accommodations, complete travel packages, train and bus tickets, and car rentals. Beyond these core offerings, it also addresses supplementary travel needs such as visa assistance and arranging travel insurance. Travelers can seamlessly research, plan, reserve, and purchase these services and products through MakeMyTrip's diverse digital and traditional channels. These include its popular web portals like makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae, alongside its mobile application, dedicated call centers, physical travel stores, and an expansive network of travel agents. As of March 31, 2022, MakeMyTrip further extended its reach with approximately 125 franchisee-owned travel outlets. The company caters to a broad clientele, serving both individual vacationers and business clients. Established in 2000, MakeMyTrip Limited maintains its headquarters in Gurugram, India.

Sector
Consumer Cyclical
Industry
Travel Services
Exchange
UQ
CEO
Rajesh Magow
Headquarters
Gurugram, K7, IN
IPO Date
Aug 12, 2010
Employees
5,507
Website
www.makemytrip.com

Key Metrics

Price
$44.62
Market Cap
$4.20B
Revenue (TTM)
$1.04B
Net Income (TTM)
$51.80M
EPS (TTM)
0.51
P/E (TTM)
81.01
P/B (TTM)
-61.92
Dividend Yield
0.00%
ROE (TTM)
-76.44%
ROA (TTM)
2.95%
Operating Margin
14.74%
Beta
0.82

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

MakeMyTrip Limited operates as a prominent online travel platform, offering a wide array of travel products and solutions across an extensive global footprint, including India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Its operations are strategically divided into three key segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The company provides a comprehensive suite of services, encompassing airline reservations, hotel accommodations, complete travel packages, train and bus tickets, and car rentals. Beyond these core offerings, it also addresses supplementary travel needs such as visa assistance and arranging travel insurance. Travelers can seamlessly research, plan, reserve, and purchase these services and products through MakeMyTrip's diverse digital and traditional channels. These include its popular web portals like makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae, alongside its mobile application, dedicated call centers, physical travel stores, and an expansive network of travel agents. As of March 31, 2022, MakeMyTrip further extended its reach with approximately 125 franchisee-owned travel outlets. The company caters to a broad clientele, serving both individual vacationers and business clients. Established in 2000, MakeMyTrip Limited maintains its headquarters in Gurugram, India.

Website
www.makemytrip.com
Location
Gurugram, K7, IN
Phone91 12 4439 5000
Employees5,507
CEORajesh Magow
SectorConsumer Cyclical
IndustryTravel Services
IPO DateAug 12, 2010

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Latest Documents

SEC Filings(445)

Expand
  • 6-KCurrent report (foreign private issuer)28 Sep
  • SC 13GMakeMyTrip Ltd13 Aug
  • SC 13GMakeMyTrip Ltd13 Aug
  • 6-KCurrent report (foreign private issuer)7 Aug
  • SC 13GMakeMyTrip Ltd6 Aug
  • 6-KCurrent report (foreign private issuer)3 Aug
  • 6-KCurrent report (foreign private issuer)3 Aug
  • 20-FFY 2026ended 31 Mar 202627 Jul
  • 6-KCurrent report (foreign private issuer)17 Jul
  • 4Statement of changes in beneficial ownership2 Jul
  • 4Statement of changes in beneficial ownership2 Jul
  • 4Statement of changes in beneficial ownership2 Jul
  • 4Statement of changes in beneficial ownership2 Jul
  • 6-KCurrent report (foreign private issuer)19 May
  • 6-KCurrent report (foreign private issuer)19 May
  • SC 13G/AMakeMyTrip Ltd23 Apr
  • 3Initial statement of beneficial ownership17 Mar
  • 3Initial statement of beneficial ownership17 Mar
  • 3Initial statement of beneficial ownership17 Mar
  • 3Initial statement of beneficial ownership17 Mar

News

  • MakeMyTrip Limited to report Fiscal 2027 Second Quarter Financial & Operating Results on October 26, 202616 Oct
  • Is It Worth Investing in MakeMyTrip (MMYT) Based on Wall Street's Bullish Views?2 Oct
  • MakeMyTrip Limited $MMYT Stock Sold by Squarepoint Ops LLC25 Sep
  • MakeMyTrip: Positive On Planned Indian Listing And Operational Resilience15 Sep
  • Is MakeMyTrip (MMYT) a Buy as Wall Street Analysts Look Optimistic?10 Sep
  • A Look at MakeMyTrip Ltd (MMYT) After 3.7% Decline -- GF Value $113.11 vs Price $56.011 Sep
  • Zacks Industry Outlook GoDaddy, Vipshop, MakeMyTrip and QuinStreet28 Aug
  • 4 Internet Delivery Services Stocks in Focus From a Flourishing Industry27 Aug
  • Brokers Suggest Investing in MakeMyTrip (MMYT): Read This Before Placing a Bet25 Aug
  • MakeMyTrip Limited $MMYT Shares Sold by Bank of America Corp DE25 Aug
  • MakeMyTrip Limited (MMYT) Q1 2027 Earnings Call Transcript3 Aug
  • Why MakeMyTrip Stock Is Skyrocketing Today3 Aug
  • MakeMyTrip Q1 Earnings Call Highlights3 Aug

Mentions in Filings

  • … ements with various banks and payment gateways offering promotions for purchase of tickets on our websites and mobile applications platforms. A Nielsen study ranked us second among all travel brands in India behind the <strong>MakeMyTrip</strong>-Goibibo group. Our total awareness score of 63 puts us well ahead of our Indian peers such as Cleartrip, Easemytrip and Ixigo. **TOM - Top of Mind Recall** In terms of Top-Of-Mind recall, we were more than 3x ahead of …
    Yatra Online, Inc.MakeMyTrip Ltd·20-F - Annual report (foreign private issuer) FY 2026·FY26·31 Jul
  • … Exchange (stock code: 09961) and NASDAQ (ticker symbol: TCOM) since February 2026. She has been serving as an independent director, the chairwoman of the audit committee and a member of the compensation committee of <strong>MakeMyTrip Limited</strong>, the shares of which are listed on NASDAQ (ticker symbol: MMYT), since May 2024. Ms. Wu has been serving as an independent non-executive director and chairwoman of the audit committee of Alibaba Health Information T …
    NOAH HOLDINGS LTDMakeMyTrip Ltd·EX-99.1 - 6-K - EXHIBIT 99.1·29 Apr·29 Apr
  • … ina region from 2007 to 2010. Ms. Li has been serving as an independent non-executive director of Viva Biotech Holdings (維亞生物科技控股集團), the shares of which are listed on the Hong Kong Stock Exchange (stock code: 1873), since April 2019, and she also served as an independent director of <strong>MakeMyTrip Limited</strong>, an Indian online travel company, the shares of which are listed on NASDAQ stock market (ticker symbol: MMYT) from September 2019 to May 2024.
    NOAH HOLDINGS LTDMakeMyTrip Ltd·EX-99.1 - 6-K - EXHIBIT 99.1·29 Apr·29 Apr
  • … Hong Kong Stock Exchange (stock code: 09961) and on NASDAQ (ticker symbol: TCOM). She has been serving as an independent director, the chairwoman of the audit committee and a member of the compensation committee of <strong>MakeMyTrip Limited</strong>, the shares of which are listed on NASDAQ (ticker symbol: MMYT) since May 2024, an independent non-executive director and chairwoman of the audit committee of Alibaba Health Information Technology Limited, the share …
    NOAH HOLDINGS LTDMakeMyTrip Ltd·20-F - Annual report (foreign private issuer)·29 Apr·29 Apr
  • … s Group (SHSE: 600258) since January 2017, and a director of Tongcheng Travel Holdings Limited (formerly known as Tongcheng-Elong Holdings Limited) (SEHK: 0780) since 2016. Mr. Liang formerly served on the boards of <strong>MakeMyTrip Limited</strong> (Nasdaq: MMYT), Sina Corporation (Nasdaq: SINA, delisted and privatized in March 2021), Tuniu Corporation (Nasdaq: TOUR), eHi Car Services Limited (NYSE: EHIC, delisted and privatized in April 2019), 51job, Inc (Nas …
    Trip.com Group LtdMakeMyTrip Ltd·20-F - Annual report (foreign private issuer) FY 2025·FY25·28 Apr
  • … n 2017, and China Best CFO Leadership Award by SNAI/ACCA/ Korn Ferry in 2021. Previously, Ms. Wang worked with PricewaterhouseCoopers Zhong Tian CPAs Co., Ltd. from 1997 to 1999. Ms. Wang also served on the board of <strong>MakeMyTrip Limited</strong> (Nasdaq: MMYT) from August 2019 to May 2024. She also served on the board of directors of Huazhu Group Limited (Nasdaq: HTHT, SEHK: 1179) from January 2018 to July 2020. Ms. Wang received a master of business admini …
    ZKH Group LtdMakeMyTrip Ltd·20-F - Annual report (foreign private issuer) FY 2025·FY25·24 Apr

Key Stats

Trading

Px/Chg 1D$44.62 / -6.55%
Avg Volume1.37M
Beta0.82
Mkt Cap4.20B
FD Mkt Cap5.47B

Float

Shrs Out/Float94.06M / 73.68M
Short Float0.12%
Days to Cover6.87
Stock Repurchased$0.00

Current Valuation

EV5.19B
EV/EBITDA24.56
EV/Sales4.97
P/B-61.92
P/S4.02
FCF Yield0.00%
ROE-76.44%
ROA2.95%
Current Ratio3.05

Estimates

P/E81.01
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgJul '22Jul '23Jul '24Jul '25Oct '26
PRICE-BASED RATIOS
Price / Earnings50.12-66.48-278.6745.92376.75173.08
Price / Sales17.919.935.3212.7244.8116.78
Price / Book Value-7.363.383.638.969.15-61.92
Price / Free Cash Flow-3.44-436.62206.0388.17125.220.00
ENTERPRISE VALUE METRICS
Enterprise Value6,382.83,024.03,112.49,856.510,733.45,187.8
Enterprise Value / Sales18.459.955.2512.6043.7320.74
Enterprise Value / EBITDA-177.56-1,509.7398.1171.46355.5696.78
Enterprise Value / EBIT252.31-96.43695.2189.05463.04110.68

Financials

Full Financials
Millions USD5Yr CAGR (%)Mar '22Mar '23Mar '24Mar '25Mar '26
INCOME STATEMENT
Revenue36.1%303.9593.0782.5978.31,044.0
Gross Income24.2%245.2415.5567.4704.0583.5
EBITDA—-2.031.7137.9159.9211.0
EBIT—-31.44.5110.7132.8183.1
Net Income—-45.4-11.3216.895.151.8
EPS (Diluted)—-0.42-0.101.830.830.47
BALANCE SHEET
Cash & ST Inv12.5%477.5481.1606.8761.2765.1
Total Assets7.3%1,322.71,359.81,660.11,828.31,754.9
Total Liabilities43.6%426.3483.8543.7620.31,813.3
Total Shareholder Equity—894.1869.61,110.91,202.6-67.8
CASH FLOW
Net Operating Cash Flow134.9%6.032.2125.7185.3182.5
Cap Ex93.9%-12.9-16.9-12.8-11.8-182.5
Free Cash Flow—-6.915.3112.9173.5-

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)42.64
Basic Shares94.06
Market Cap4,010.7
Diluted Shares109.67
Fully Diluted Shares Outstanding109.67
Fully Diluted Market Cap4,676.5
+Consolidated Debt1,406.4
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-424.8
−Short-term Investments-340.3
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest9.3
+Pension Liabilities—
Enterprise Value5,001.6

Segment data

Revenue

by Products and services

  • Hotels And Packages58%
  • Air Ticketing26%
  • Bus Ticketing16%

Revenue

by Geography

  • India90%
  • South East Asia5%
  • United Arab Emirates4%
  • All Other Countries1%

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