MakeMyTrip Croissance future
Future contrôle des critères 5/6
MakeMyTrip devrait augmenter ses bénéfices et son chiffre d'affaires de 48.9% et de 15.7% par an respectivement. Le BPA devrait croître de de 45.2% par an. Le rendement des capitaux propres devrait être 112% dans 3 ans.
Informations clés
48.9%
Taux de croissance des bénéfices
45.20%
Taux de croissance du BPA
| Hospitality croissance des bénéfices | 18.7% |
| Taux de croissance des recettes | 15.7% |
| Rendement futur des capitaux propres | 112.03% |
| Couverture par les analystes | Good |
| Dernière mise à jour | 02 Jul 2026 |
Mises à jour récentes de la croissance future
Recent updates
Mise à jour du récit • Jun 25
MMYT: India Listing Plan And Cost Discipline Will Drive Future Repricing
The analyst price target for MakeMyTrip has moved slightly higher to about $70.73 from $70.40, as analysts factor in recent Street price target revisions, modest tweaks to long term fair value drivers, and ongoing geopolitical risks. Analyst Commentary Recent research on MakeMyTrip reflects a mix of optimism around execution and growth drivers, and caution around valuation sensitivity to geopolitical risks and revised expectations.Seeking Alpha • Jun 23
MakeMyTrip: Temporary Travel Pressure Does Not Break The Buy Case
Summary MakeMyTrip remains a buy as recent growth slowdown is attributed to temporary travel disruptions, not structural demand issues. MMYT's platform resilience is evident, with strong growth in hotels, packages, and bus segments offsetting air travel weakness. Valuation has become more attractive at 27x NTM PE, reflecting conflict-driven de-rating rather than fundamental deterioration. As conflict headwinds ease and non-air segments remain robust, MMYT is well-positioned for profit and booking growth recovery. Read the full article on Seeking AlphaArticle d’analyse • Jun 20
MakeMyTrip (MMYT) Stock Could Be 33.6% Undervalued As AI Growth Narrative Builds
MakeMyTrip (MMYT) has drawn fresh attention after recent share price moves, with the stock up around 8% over the past week and roughly 17% in the past 3 months. See our latest analysis for MakeMyTrip. At a share price of US$46.72, MakeMyTrip’s recent momentum, including a 2.79% 1 day share price return and 8.65% 30 day share price return, contrasts with a year to date share price decline of 42.95% and a 1 year total shareholder return decline of 49.02%. However, the 3 year and 5 year total...Mise à jour du récit • Jun 09
MMYT: India Listing Path And Cost Discipline Will Support Future Repricing
Analysts have adjusted MakeMyTrip's implied fair value from $71.90 to $70.40, reflecting lower price targets that consider slightly softer growth assumptions and potential ongoing impacts from geopolitical conditions, even though recent results were modestly ahead of some estimates. Analyst Commentary Bullish Takeaways Bullish analysts point to adjusted EBIT of $46M coming in 2% ahead of their estimates as evidence of tighter cost control and operational execution supporting current valuations.Mise à jour du récit • May 26
MMYT: India Listing Plans And Margin Focus Will Support Future Repricing
Analysts have trimmed their fair value estimate for MakeMyTrip to $71.90 from $88.10, reflecting lower price targets across the Street as they factor in slightly softer revenue growth assumptions, a higher profit margin outlook, and the impact of ongoing geopolitical risks on future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts point to adjusted EBIT of US$46 million, which they highlight as modestly ahead of their internal forecasts, as a sign of disciplined execution on profitability.Mise à jour du récit • Apr 27
MMYT: AI Trip Planning And India Listing Plans Will Support Future Repricing Potential
Analysts have trimmed their MakeMyTrip price target by $5.70 to $88.10, citing updated assumptions on revenue growth, profit margins and future P/E multiples following recent Street research that included target cuts at Citi and BofA as well as the stock’s removal from Goldman Sachs’ APAC Conviction List. Analyst Commentary Bullish Takeaways Bullish analysts still see room for execution upside if MakeMyTrip converts existing traffic and user engagement into higher quality revenue, which could support the revised P/E assumptions over time.
Nouveau récit • Apr 16
Long Term Leisure Travel And AI Adoption Will Transform This Online Travel Platform
Catalysts About MakeMyTrip MakeMyTrip operates a leading online travel platform offering air tickets, hotels, holiday packages, bus and rail tickets, and other travel services. What are the underlying business or industry changes driving this perspective?Mise à jour du récit • Apr 12
MMYT: AI Trip Planning And Buybacks Will Support Future Repricing Potential
Analysts have trimmed their average price target on MakeMyTrip by about $8, reflecting slightly more cautious assumptions on fair value and profitability after recent target cuts and list removals across several research houses. Analyst Commentary Bullish Takeaways Bullish analysts keep MakeMyTrip in their coverage even after target cuts, which suggests they still see a case for long term execution on its core travel platform.
Nouveau récit • Apr 02
AI Spending And Budget Hotel Mix Will Pressure Margins Yet Support Resilient Travel Demand
Catalysts About MakeMyTrip MakeMyTrip operates an online travel platform that offers flights, hotels, buses and related travel services for consumers and corporates. What are the underlying business or industry changes driving this perspective?Mise à jour du récit • Mar 26
MMYT: AI Trip Planning And Buybacks Will Support Future Upside Potential
Analysts have trimmed their price targets on MakeMyTrip, with reductions such as $7 and $12 in recent research, reflecting updated views on risk, growth assumptions, and valuation multiples. Analyst Commentary Recent research points to a more cautious tone around MakeMyTrip, even as analysts highlight factors that could still support the long term story.Mise à jour du récit • Mar 11
MMYT: AI Trip Planning Will Anchor Future Upside Potential
Analysts have trimmed their price targets on MakeMyTrip by $12 and $7 respectively and cite updated assumptions for discount rates and forward P/E multiples as key drivers of the change. Analyst Commentary Recent research points to updated discount rates and revised forward P/E assumptions as the main reasons behind the new price targets, rather than a single company specific event.Mise à jour du récit • Feb 25
MMYT: AI Trip Planning And Buybacks Will Support Future Upside Potential
Analysts have trimmed their MakeMyTrip fair value estimate by about $1 per share to roughly $102, reflecting slightly updated assumptions on discount rate, revenue growth, profit margins, and future P/E after recent price target reductions from the Street. Analyst Commentary Street research has recently focused on recalibrating price targets for MakeMyTrip, which feeds directly into how analysts think about upside, execution risk, and the right P/E to apply.Mise à jour du récit • Feb 09
MMYT: Share Repurchases And Outperform Initiation Will Support Future Upside Potential
Narrative update: MakeMyTrip analyst price target shift The updated analyst price target for MakeMyTrip now aligns at about US$103, reflecting minor tweaks to discount rate and P/E assumptions, as analysts incorporate recent target cuts from Morgan Stanley and Citi, along with new coverage from CICC. Analyst Commentary Recent research on MakeMyTrip has focused on recalibrating price targets and ratings rather than changing the core thesis.Mise à jour du récit • Jan 25
MMYT: Recent Buybacks And Outperform Initiation Will Support Long Term Upside
Analysts have trimmed their fair value estimate for MakeMyTrip from $110.70 to $102.90. This reflects slightly adjusted expectations around growth, margins and future P/E multiples based on recent research updates.Article d’analyse • Jan 24
MakeMyTrip Limited's (NASDAQ:MMYT) 26% Cheaper Price Remains In Tune With Revenues
MakeMyTrip Limited ( NASDAQ:MMYT ) shareholders that were waiting for something to happen have been dealt a blow with a...Mise à jour du récit • Jan 09
MMYT: New Outperform Rating Will Support Long Term Upside Potential
Analysts have trimmed their fair value estimate for MakeMyTrip from US$111.40 to US$110.70, reflecting slightly updated assumptions on discount rate, revenue growth and profit margins, as well as fresh Street research such as CICC's new Outperform rating with a US$95 price target. Analyst Commentary Bullish Takeaways Bullish analysts see the updated fair value estimate of US$110.70 as broadly consistent with the new US$95 price target.Mise à jour du récit • Dec 14
MMYT: Conviction List Inclusion Will Drive Long-Term Upside Despite Air Travel Weakness
Analysts have trimmed their fair value estimate for MakeMyTrip by about $0.50 to roughly $111.40 per share, citing slightly higher discount rates, modestly softer growth and margin assumptions, yet maintaining a constructive view supported by recent positive coverage and conviction-list inclusion. Analyst Commentary Recent Street research reflects a broadly constructive stance on MakeMyTrip, with valuation frameworks balancing strong growth optionality against execution and macro risks in the travel cycle.Mise à jour du récit • Nov 28
MMYT: Addition To APAC Conviction List Will Drive Long-Term Upside
Analysts have modestly lowered their price target for MakeMyTrip from $113.78 to $111.90. They cite temporary softness in domestic air travel but maintain a positive longer-term outlook, supported by recent research coverage and favorable profit margin trends.Mise à jour du récit • Nov 13
MMYT: Addition To APAC Conviction List Will Drive Long-Term Upside
Analysts have slightly lowered their price target for MakeMyTrip from $118.44 to $113.78, citing temporary headwinds in the domestic air travel segment. However, they maintain a positive long-term outlook due to expected recovery.Mise à jour du récit • Oct 29
Addition To Conviction List Will Drive Renewed Confidence In Travel Recovery
Analysts have reduced their fair value estimate for MakeMyTrip from $121 to $118.44 per share, citing slightly lower expectations for revenue growth and profit margins. This comes despite continued optimism about the company's long-term positioning.Article d’analyse • Sep 21
Is MakeMyTrip (NASDAQ:MMYT) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Article d’analyse • Jul 25
MakeMyTrip Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
It's been a good week for MakeMyTrip Limited ( NASDAQ:MMYT ) shareholders, because the company has just released its...Seeking Alpha • Mar 12
MakeMyTrip: Stretched Valuations Point To Further Correction
Summary MakeMyTrip has shown significant growth but currently faces stretched valuations and macroeconomic headwinds, suggesting a bearish short-term outlook. Despite India's promising long-term travel market, near-term economic challenges and high valuations make MMYT stock unattractive at current levels. Valuations are significantly higher than sector medians, indicating potential further downside despite robust revenue growth and strong financial performance. Future expansionary policies and GST rate cuts could positively impact MMYT, but the immediate outlook remains cautious due to economic deceleration and high valuations. Read the full article on Seeking AlphaSeeking Alpha • Jan 25
MakeMyTrip Ltd: Still Well Positioned To Grow
Summary I reiterate my buy rating for MakeMyTrip Ltd. due to its strong market leadership, scale, and product innovation driving growth and profitability. MMYT's 3Q25 results showed a 25% y/y revenue increase and a 38% y/y rise in adj EBIT, reinforcing its favorable growth outlook. MMYT's strategic investments in tier 2 and 3 cities and product innovations like GenAI and part-payment options enhance its competitive position and customer retention. Read the full article on Seeking AlphaSeeking Alpha • Oct 25
MakeMyTrip: Overvalued With High Customer Acquisition Costs And Intense Competition
Summary MakeMyTrip has shown strong financial performance, with a 46.3% increase in operating profit and a 24.3% rise in gross bookings year-on-year. The company benefits from macroeconomic tailwinds in India, including a growing middle class, increased travel spending, and government investments in travel infrastructure. Despite its strong market position, MMYT faces intense competition and high customer acquisition costs, which could limit its ability to achieve super normal profits. Valuation concerns are significant; the stock trades at a high EV/Sales multiple, suggesting limited future growth potential and a 50% downside risk. Read the full article on Seeking AlphaSeeking Alpha • Oct 17
MakeMyTrip: Lofty Valuation Leaves Little Room For Errors
Summary MakeMyTrip shows strong growth with significant revenue increases. However, expect volatility in margins to persist as the company is still in its growth phase. MMYT is well-positioned to enjoy enduring macroeconomic and fiscal-related tailwinds. In addition, the company has multiple growth drivers to leverage on to maintain its lead in the industry. Despite outperforming peers in profitability and liquidity, MMYT's valuation metrics suggest that the current share price is overvalued. Valuation analysis suggests that markets are pricing in generous and overly optimistic assumptions, leaving little room for errors. Any slight deterioration in growth is likely to cause a huge sell-off. Read the full article on Seeking Alpha
Nouveau récit • Aug 23
Expanding Into High-Cost Ventures And Market Fluctuations Threaten Profit Margins And Growth
Reliance on high-margin international bookings may face challenges from geopolitical tensions and economic downturns, affecting revenue growth.Seeking Alpha • Jul 30
MakeMyTrip: Dominant OTA Player In India
Summary Buy rating for MakeMyTrip due to its robust long-term growth runway supported by a strong domestic and international travel industry. MMYT is the largest player in India's online travel agency market, with strong revenue growth and margin expansion potential. The expected target price for MMYT is $111 based on a 9.2x forward revenue multiple. Read the full article on Seeking AlphaPrévisions de croissance des bénéfices et des revenus
| Date | Recettes | Les revenus | Flux de trésorerie disponible | Cash from Op | Moy. Nombre d'analystes |
|---|---|---|---|---|---|
| 3/31/2029 | 1,690 | 278 | 228 | 245 | 7 |
| 3/31/2028 | 1,413 | 96 | 294 | 273 | 11 |
| 3/31/2027 | 1,208 | 50 | 256 | 233 | 11 |
| 3/31/2026 | 1,044 | 52 | 183 | 183 | N/A |
| 12/31/2025 | 1,039 | 57 | 212 | 224 | N/A |
| 9/30/2025 | 1,011 | 77 | 156 | 168 | N/A |
| 6/30/2025 | 993 | 100 | 143 | 155 | N/A |
| 3/31/2025 | 978 | 95 | 174 | 185 | N/A |
| 12/31/2024 | 936 | 238 | 83 | 96 | N/A |
| 9/30/2024 | 883 | 235 | 166 | 179 | N/A |
| 6/30/2024 | 840 | 219 | 148 | 161 | N/A |
| 3/31/2024 | 783 | 217 | 113 | 126 | N/A |
| 12/31/2023 | 728 | 50 | 154 | 171 | N/A |
| 9/30/2023 | 684 | 26 | 73 | 90 | N/A |
| 6/30/2023 | 647 | 17 | 60 | 77 | N/A |
| 3/31/2023 | 593 | -11 | 15 | 32 | N/A |
| 12/31/2022 | 533 | -21 | -27 | -14 | N/A |
| 9/30/2022 | 478 | -30 | -13 | 0 | N/A |
| 6/30/2022 | 414 | -31 | 17 | 30 | N/A |
| 3/31/2022 | 304 | -45 | -7 | 6 | N/A |
| 12/31/2021 | 295 | -38 | 0 | 9 | N/A |
| 9/30/2021 | 236 | -32 | 26 | 34 | N/A |
| 6/30/2021 | 190 | -46 | 16 | 25 | N/A |
| 3/31/2021 | 163 | -56 | 56 | 65 | N/A |
| 12/31/2020 | 189 | -398 | -1 | 11 | N/A |
| 9/30/2020 | 279 | -424 | -56 | -43 | N/A |
| 6/30/2020 | 376 | -440 | -94 | -81 | N/A |
| 3/31/2020 | 512 | -448 | -125 | -113 | N/A |
| 12/31/2019 | 527 | -149 | N/A | -47 | N/A |
| 9/30/2019 | 505 | -149 | N/A | -52 | N/A |
| 6/30/2019 | 490 | -159 | N/A | -69 | N/A |
| 3/31/2019 | 486 | -168 | N/A | -79 | N/A |
| 12/31/2018 | 524 | -170 | N/A | -116 | N/A |
| 9/30/2018 | 571 | -186 | N/A | -111 | N/A |
| 6/30/2018 | 621 | -201 | N/A | -134 | N/A |
| 3/31/2018 | 675 | -218 | N/A | -125 | N/A |
| 12/31/2017 | 637 | -248 | N/A | -164 | N/A |
| 9/30/2017 | 588 | -187 | N/A | -150 | N/A |
| 6/30/2017 | 518 | -164 | N/A | -120 | N/A |
| 3/31/2017 | 448 | -110 | N/A | -108 | N/A |
| 12/31/2016 | 416 | -87 | N/A | -92 | N/A |
| 9/30/2016 | 381 | -123 | N/A | -101 | N/A |
| 6/30/2016 | 364 | -96 | N/A | -80 | N/A |
| 3/31/2016 | 336 | -89 | N/A | -66 | N/A |
| 12/31/2015 | 307 | -45 | N/A | -14 | N/A |
| 9/30/2015 | 300 | -29 | N/A | 8 | N/A |
Prévisions de croissance des analystes
Taux de revenus par rapport au taux d'épargne: La croissance des bénéfices prévue de MMYT ( 48.9% par an) est supérieure au taux d'épargne ( 3.5% ).
Bénéfices vs marché: Les bénéfices de MMYT ( 48.9% par an) devraient croître plus rapidement que le marché US ( 18.4% par an).
Croissance élevée des bénéfices: Les bénéfices de MMYT devraient augmenter de manière significative au cours des 3 prochaines années.
Chiffre d'affaires vs marché: Le chiffre d'affaires de MMYT ( 15.7% par an) devrait croître plus rapidement que le marché US ( 12.7% par an).
Croissance élevée des revenus: Le chiffre d'affaires de MMYT ( 15.7% par an) devrait croître plus lentement que 20% par an.
Prévisions de croissance du bénéfice par action
Rendement futur des capitaux propres
ROE futur: Le retour sur capitaux propres de MMYT devrait être très élevé dans 3 ans ( 112 %).
Découvrir les entreprises en croissance
Analyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/07/06 15:28 |
| Cours de l'action en fin de journée | 2026/07/06 00:00 |
| Les revenus | 2026/03/31 |
| Revenus annuels | 2026/03/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
|
| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d'analyse utilisé pour générer ce rapport sont disponibles sur notre page Github, nous proposons également des guides pour apprendre à utiliser nos rapports et des tutoriels sur YouTube.
Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
MakeMyTrip Limited est couverte par 24 analystes. 11 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| Ashwin Mehta | Ambit Capital |
| null null | Antique Stockbroking Ltd. |
| Manik Taneja | Axis Capital Limited |