Loading...
MMYT logo

MakeMyTrip LimitedNasdaqGS:MMYT Stock Report

Market Cap US$7.1b
Share Price
US$74.26
My Fair Value
n/a
1Y-32.4%
7D0.4%
Portfolio Value
View

MakeMyTrip Limited

NasdaqGS:MMYT Stock Report

Market Cap: US$7.1b

MakeMyTrip (MMYT) Stock Overview

Operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. More details

MMYT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance2/6
Financial Health2/6
Dividends0/6

MMYT Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

MakeMyTrip Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MakeMyTrip
Historical stock prices
Current Share PriceUS$74.26
52 Week HighUS$123.00
52 Week LowUS$71.04
Beta0.69
1 Month Change-17.21%
3 Month Change-27.57%
1 Year Change-32.43%
3 Year Change158.48%
5 Year Change199.31%
Change since IPO180.76%

Recent News & Updates

MakeMyTrip: Business Fundamentals Keep Getting Structurally Better

Oct 31

Recent updates

MakeMyTrip: Business Fundamentals Keep Getting Structurally Better

Oct 31

Is MakeMyTrip (NASDAQ:MMYT) A Risky Investment?

Sep 21
Is MakeMyTrip (NASDAQ:MMYT) A Risky Investment?

MakeMyTrip Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jul 25
MakeMyTrip Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

MakeMyTrip's (NASDAQ:MMYT) Weak Earnings May Only Reveal A Part Of The Whole Picture

Jun 23
MakeMyTrip's (NASDAQ:MMYT) Weak Earnings May Only Reveal A Part Of The Whole Picture

Returns Are Gaining Momentum At MakeMyTrip (NASDAQ:MMYT)

Jun 02
Returns Are Gaining Momentum At MakeMyTrip (NASDAQ:MMYT)

Subdued Growth No Barrier To MakeMyTrip Limited's (NASDAQ:MMYT) Price

May 11
Subdued Growth No Barrier To MakeMyTrip Limited's (NASDAQ:MMYT) Price

MakeMyTrip (NASDAQ:MMYT) Has A Rock Solid Balance Sheet

Apr 09
MakeMyTrip (NASDAQ:MMYT) Has A Rock Solid Balance Sheet

If EPS Growth Is Important To You, MakeMyTrip (NASDAQ:MMYT) Presents An Opportunity

Mar 25
If EPS Growth Is Important To You, MakeMyTrip (NASDAQ:MMYT) Presents An Opportunity

MakeMyTrip: Stretched Valuations Point To Further Correction

Mar 12

Returns At MakeMyTrip (NASDAQ:MMYT) Are On The Way Up

Feb 23
Returns At MakeMyTrip (NASDAQ:MMYT) Are On The Way Up

Getting In Cheap On MakeMyTrip Limited (NASDAQ:MMYT) Is Unlikely

Feb 08
Getting In Cheap On MakeMyTrip Limited (NASDAQ:MMYT) Is Unlikely

MakeMyTrip Ltd: Still Well Positioned To Grow

Jan 25

What Is MakeMyTrip Limited's (NASDAQ:MMYT) Share Price Doing?

Jan 08
What Is MakeMyTrip Limited's (NASDAQ:MMYT) Share Price Doing?

These 4 Measures Indicate That MakeMyTrip (NASDAQ:MMYT) Is Using Debt Safely

Dec 24
These 4 Measures Indicate That MakeMyTrip (NASDAQ:MMYT) Is Using Debt Safely

Here's Why We Think MakeMyTrip (NASDAQ:MMYT) Is Well Worth Watching

Nov 24
Here's Why We Think MakeMyTrip (NASDAQ:MMYT) Is Well Worth Watching

MakeMyTrip: Overvalued With High Customer Acquisition Costs And Intense Competition

Oct 25

MakeMyTrip: Lofty Valuation Leaves Little Room For Errors

Oct 17
User avatar

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.

MakeMyTrip: Dominant OTA Player In India

Jul 30

MakeMyTrip: Encouraging Performance Across Hotels And Packages Segment

May 26

MakeMyTrip: Favorable Growth Outlook With Profitability Improvement Potential

Apr 24

MakeMyTrip: Sales Growth Remains Impressive, But Watching Customer Inducement Costs

Feb 09

MakeMyTrip: Record Quarter, But Pricey Stock

Jan 26

Shareholder Returns

MMYTUS HospitalityUS Market
7D0.4%0.2%-1.3%
1Y-32.4%-8.6%8.7%

Return vs Industry: MMYT underperformed the US Hospitality industry which returned -8.6% over the past year.

Return vs Market: MMYT underperformed the US Market which returned 8.7% over the past year.

Price Volatility

Is MMYT's price volatile compared to industry and market?
MMYT volatility
MMYT Average Weekly Movement5.2%
Hospitality Industry Average Movement6.7%
Market Average Movement6.5%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market2.9%

Stable Share Price: MMYT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MMYT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20005,122Rajesh Magowwww.makemytrip.com

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, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands.

MakeMyTrip Limited Fundamentals Summary

How do MakeMyTrip's earnings and revenue compare to its market cap?
MMYT fundamental statistics
Market capUS$7.07b
Earnings (TTM)US$76.53m
Revenue (TTM)US$1.01b
92.3x
P/E Ratio
7.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMYT income statement (TTM)
RevenueUS$1.01b
Cost of RevenueUS$429.03m
Gross ProfitUS$581.98m
Other ExpensesUS$505.45m
EarningsUS$76.53m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.80
Gross Margin57.56%
Net Profit Margin7.57%
Debt/Equity Ratio4,613.9%

How did MMYT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/24 03:52
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MakeMyTrip Limited is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital
null nullAntique Stockbroking Ltd.