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MakeMyTrip LimitedNasdaqGS:MMYT Stock Report

Market Cap US$9.6b
Share Price
US$103.21
My Fair Value
US$120
14.1% undervalued intrinsic discount
1Y3.2%
7D4.7%
Portfolio Value
View

MakeMyTrip Limited

NasdaqGS:MMYT Stock Report

Market Cap: US$9.6b

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
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health3/6
Dividends0/6

MMYT Community Fair Values

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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$103.21
52 Week HighUS$123.00
52 Week LowUS$81.84
Beta0.86
1 Month Change1.29%
3 Month Change-0.15%
1 Year Change3.21%
3 Year Change207.81%
5 Year Change517.65%
Change since IPO290.21%

Recent News & Updates

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: Still In The Driver's Seat To Capitalize On The Demand Tailwind

Jul 24

Recent updates

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: Still In The Driver's Seat To Capitalize On The Demand Tailwind

Jul 24

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 (NASDAQ:MMYT) Is Doing The Right Things To Multiply Its Share Price

Nov 08
MakeMyTrip (NASDAQ:MMYT) Is Doing The Right Things To Multiply Its Share Price

MakeMyTrip: Overvalued With High Customer Acquisition Costs And Intense Competition

Oct 25

MakeMyTrip: Lofty Valuation Leaves Little Room For Errors

Oct 17

Market Participants Recognise MakeMyTrip Limited's (NASDAQ:MMYT) Revenues

Oct 16
Market Participants Recognise MakeMyTrip Limited's (NASDAQ:MMYT) Revenues

Is Now An Opportune Moment To Examine MakeMyTrip Limited (NASDAQ:MMYT)?

Oct 01
Is Now An Opportune Moment To Examine MakeMyTrip Limited (NASDAQ:MMYT)?

Does MakeMyTrip (NASDAQ:MMYT) Have A Healthy Balance Sheet?

Sep 16
Does MakeMyTrip (NASDAQ:MMYT) Have A Healthy Balance Sheet?
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
7D4.7%0.5%-1.6%
1Y3.2%28.3%15.1%

Return vs Industry: MMYT underperformed the US Hospitality industry which returned 28.3% over the past year.

Return vs Market: MMYT underperformed the US Market which returned 15.1% 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 Movement6.2%
Market Average Movement6.4%
10% most volatile stocks in US Market17.4%
10% least volatile stocks in US Market3.0%

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$9.60b
Earnings (TTM)US$100.00m
Revenue (TTM)US$992.66m
98.2x
P/E Ratio
9.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMYT income statement (TTM)
RevenueUS$992.66m
Cost of RevenueUS$426.23m
Gross ProfitUS$566.44m
Other ExpensesUS$466.44m
EarningsUS$100.00m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin57.06%
Net Profit Margin10.07%
Debt/Equity Ratio2,179.8%

How did MMYT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/22 21:32
End of Day Share Price 2025/08/22 00:00
Earnings2025/06/30
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 28 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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