MakeMyTrip Limited

NasdaqGS:MMYT 주식 리포트

시가총액: US$5.5b

MakeMyTrip 경영진

경영진 기준 점검 1/4

MakeMyTrip CEO는 Rajesh Magow, Jan2000 에 임명되었습니다 의 임기는 26.5 년입니다. 는 $87.15M 가치에 해당하는 회사 주식의 1.58% 직접 소유합니다. 경영진과 이사회의 평균 재임 기간은 각각 0.8 년과 6.9 년입니다.

핵심 정보

Rajesh Magow

최고경영자

n/a

총 보수

CEO 급여 비율n/a
CEO 재임 기간26.5yrs
CEO 지분 보유율1.6%
경영진 평균 재임 기간less than a year
이사회 평균 재임 기간6.9yrs

최근 경영진 업데이트

Recent updates

내러티브 업데이트 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 Alpha
분석 기사 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...
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
새로운 내러티브 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?
내러티브 업데이트 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.
새로운 내러티브 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?
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
분석 기사 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...
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
내러티브 업데이트 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.
분석 기사 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...
분석 기사 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 Alpha
Seeking 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 Alpha
Seeking 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 Alpha
Seeking 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
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새로운 내러티브 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 Alpha

CEO

Rajesh Magow (57 yo)

26.5yrs
재임 기간

Mr. Rajesh Magow is Group Chief Executive Officer at MakeMyTrip Limited since February 2020. Mr. Magow is a Co-Founder of MakeMyTrip (India) Private Limited and serves as its Chief Executive Officer. Mr. M...


리더십 팀

이름직위재임 기간보수지분
Rajesh Magow
Co-Founder26.5yrs데이터 없음1.58%
$ 87.2m
Deep Kalra
Founder24.8yrs데이터 없음0.31%
$ 17.3m
Dipak Bohra
Group Chief Financial Officerless than a year데이터 없음데이터 없음
Mohit Kabra
Group COO & Directorless than a year데이터 없음데이터 없음
Sanjay Mohan
Group Chief Technology Officerno data데이터 없음데이터 없음
Ravi Tyagi
Vice President of Administrationno data데이터 없음데이터 없음
Vipul Garg
Senior Vice President of Investor Relations4.5yrs데이터 없음데이터 없음
Yuvaraj Srivastava
Group Chief Human Resource Officerno data데이터 없음데이터 없음
Parikshit Choudhury
Chief Business Officer of B2B & Customer Contact Groupno data데이터 없음데이터 없음
Abhishek Logani
Chief Business Officer of Hotelsno data데이터 없음데이터 없음
Ankit Khanna
Chief Product Officer of Hotelno data데이터 없음데이터 없음
Raj Singh
Chief Operating Officer of Flightsless than a year데이터 없음데이터 없음
0.8yrs
평균 재임 기간
56yo
평균 나이

경험이 풍부한 관리: MMYT의 경영진은 경험이 부족한 것으로 간주됩니다(평균 재임 0.8 년) — 신규 팀일 수 있습니다.


이사회 구성원

이름직위재임 기간보수지분
Rajesh Magow
Co-Founder13.7yrs데이터 없음1.58%
$ 87.2m
Deep Kalra
Founder24.8yrs데이터 없음0.31%
$ 17.3m
Mohit Kabra
Group COO & Director1yr데이터 없음데이터 없음
Aditya Guleri
Independent Director19.3yrs데이터 없음데이터 없음
Jie Sun
Director6.9yrs데이터 없음데이터 없음
Vivek Gour
Director16.2yrs데이터 없음데이터 없음
Yihong Wu
Independent Director2.2yrs데이터 없음데이터 없음
Xiong Xing
Director6.9yrs데이터 없음데이터 없음
Hashim Joomye
Independent Director1.2yrs데이터 없음데이터 없음
Savinilorna Payandi Ramen
Director1yr데이터 없음데이터 없음
6.9yrs
평균 재임 기간
57yo
평균 나이

경험이 풍부한 이사회: MMYT의 이사회경험이 있음으로 간주됩니다(평균 재임 6.9 년).


기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/07/06 09:39
종가2026/07/06 00:00
수익2026/03/31
연간 수익2026/03/31

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기업 재무제표10년
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지분 구조10년
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분석가 소스

MakeMyTrip Limited는 24명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

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