MakeMyTrip Future Growth
Future criteria checks 5/6
MakeMyTrip is forecast to grow earnings and revenue by 55% and 21.4% per annum respectively. EPS is expected to grow by 57.6% per annum. Return on equity is forecast to be 17.5% in 3 years.
Key information
55.0%
Earnings growth rate
57.6%
EPS growth rate
| Hospitality earnings growth | 19.9% |
| Revenue growth rate | 21.4% |
| Future return on equity | 17.5% |
| Analyst coverage | Good |
| Last updated | 03 May 2024 |
Recent future growth updates
Recent updates
MakeMyTrip: Favorable Growth Outlook With Profitability Improvement Potential
Apr 24We Think MakeMyTrip (NASDAQ:MMYT) Can Manage Its Debt With Ease
Apr 15
Returns On Capital Are Showing Encouraging Signs At MakeMyTrip (NASDAQ:MMYT)
Mar 03MakeMyTrip: Sales Growth Remains Impressive, But Watching Customer Inducement Costs
Feb 09MakeMyTrip: Record Quarter, But Pricey Stock
Jan 26Does MakeMyTrip (NASDAQ:MMYT) Have A Healthy Balance Sheet?
Jan 02There's Been No Shortage Of Growth Recently For MakeMyTrip's (NASDAQ:MMYT) Returns On Capital
Nov 20Is It Too Late To Consider Buying MakeMyTrip Limited (NASDAQ:MMYT)?
Oct 29Is MakeMyTrip (NASDAQ:MMYT) Using Too Much Debt?
Sep 18MakeMyTrip's (NASDAQ:MMYT) Returns On Capital Are Heading Higher
Aug 21When Should You Buy MakeMyTrip Limited (NASDAQ:MMYT)?
Jul 12The Price Is Right For MakeMyTrip Limited (NASDAQ:MMYT)
Jun 20Calculating The Intrinsic Value Of MakeMyTrip Limited (NASDAQ:MMYT)
Jun 02Is MakeMyTrip (NASDAQ:MMYT) A Risky Investment?
Apr 09MakeMyTrip's (NASDAQ:MMYT) Returns On Capital Are Heading Higher
Mar 13Is It Time To Consider Buying MakeMyTrip Limited (NASDAQ:MMYT)?
Jan 18Does MakeMyTrip (NASDAQ:MMYT) Have A Healthy Balance Sheet?
Dec 30Investors Will Want MakeMyTrip's (NASDAQ:MMYT) Growth In ROCE To Persist
Nov 21Should You Think About Buying MakeMyTrip Limited (NASDAQ:MMYT) Now?
Oct 12MakeMyTrip Limited: What I'm Watching In The Upcoming Quarter
Oct 12Health Check: How Prudently Does MakeMyTrip (NASDAQ:MMYT) Use Debt?
Sep 21MakeMyTrip attracts bullish rating at BofA on "reasonable" valuation, higher margins estimate
Aug 30A Look At The Fair Value Of MakeMyTrip Limited (NASDAQ:MMYT)
Aug 27MakeMyTrip: Rebound In Earnings Needed To Justify Upside
Jul 29What Does MakeMyTrip Limited's (NASDAQ:MMYT) Share Price Indicate?
Jul 14Health Check: How Prudently Does MakeMyTrip (NASDAQ:MMYT) Use Debt?
Jun 22MakeMyTrip: Strong Cash And Revenue Growth Despite Pressures
Jun 16MakeMyTrip Limited's (NASDAQ:MMYT) Intrinsic Value Is Potentially 23% Below Its Share Price
May 06MakeMyTrip In A Good Position For Further Growth
Apr 12Is It Too Late To Consider Buying MakeMyTrip Limited (NASDAQ:MMYT)?
Apr 08Is MakeMyTrip (NASDAQ:MMYT) Weighed On By Its Debt Load?
Mar 10MakeMyTrip: Volatility Remains, But Cautiously Optimistic On Company's Prospects
Jan 27Is There An Opportunity With MakeMyTrip Limited's (NASDAQ:MMYT) 21% Undervaluation?
Jan 12What Is MakeMyTrip Limited's (NASDAQ:MMYT) Share Price Doing?
Nov 26Health Check: How Prudently Does MakeMyTrip (NASDAQ:MMYT) Use Debt?
Nov 05MakeMyTrip: Potential Short-Term Upside, But Industry Becoming More Competitive
Oct 29Are MakeMyTrip Limited (NASDAQ:MMYT) Investors Paying Above The Intrinsic Value?
Sep 24MakeMyTrip: Potential Play On Indian Travel Market Recovery, But Strong Earnings Growth Needed
Aug 19MakeMyTrip: Risky, But Upside Could Be Ahead
May 26MakeMyTrip slides on $175M notes offering proposal
Feb 03Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2026 | 1,177 | 179 | 208 | 221 | 8 |
| 3/31/2025 | 980 | 129 | 154 | 175 | 9 |
| 3/31/2024 | 794 | 65 | 143 | 152 | 9 |
| 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 | -57 | -47 | N/A |
| 9/30/2019 | 505 | -149 | -62 | -52 | N/A |
| 6/30/2019 | 490 | -159 | -78 | -69 | N/A |
| 3/31/2019 | 486 | -168 | -89 | -79 | N/A |
| 12/31/2018 | 524 | -170 | -128 | -116 | N/A |
| 9/30/2018 | 571 | -186 | -124 | -111 | N/A |
| 6/30/2018 | 621 | -201 | -146 | -134 | N/A |
| 3/31/2018 | 675 | -218 | -138 | -125 | N/A |
| 12/31/2017 | 637 | -248 | -179 | -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 |
| 6/30/2015 | 298 | -21 | N/A | 6 | N/A |
| 3/31/2015 | 300 | -18 | N/A | 11 | N/A |
| 12/31/2014 | 292 | -15 | N/A | 10 | N/A |
| 9/30/2014 | 286 | -13 | N/A | 12 | N/A |
| 6/30/2014 | 273 | -16 | N/A | 7 | N/A |
| 3/31/2014 | 255 | -21 | N/A | -4 | N/A |
| 12/31/2013 | 250 | -39 | N/A | 1 | N/A |
| 9/30/2013 | 244 | -42 | N/A | -10 | N/A |
| 6/30/2013 | 242 | -36 | N/A | -8 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMYT's forecast earnings growth (55% per year) is above the savings rate (2.4%).
Earnings vs Market: MMYT's earnings (55% per year) are forecast to grow faster than the US market (14.4% per year).
High Growth Earnings: MMYT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MMYT's revenue (21.4% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: MMYT's revenue (21.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMYT's Return on Equity is forecast to be low in 3 years time (17.5%).