YOLFTbeta
MakeMyTrip Limited

MakeMyTrip Limited

MMYT · NASDAQ · Consumer Cyclical / Travel Services

51.19USD+0.18 (+0.35%)

Price History

Full chart

Market Stats

Previous Close51.01
Open52.02
Day Range50.54 – 52.24
52-Week Range32.67 – 96.60
Volume505.30K
Market Cap4.46B
P/E (TTM)206.04
Forward P/E96.15
EPS0.23
Dividend Yield0.00%
Beta1.00
50-Day Avg55.18
200-Day Avg55.23

About

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, Saudi Arabia, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air tickets, hotels and alternative accommodations, holiday packages, bus tickets, rail tickets, car hire, tours and attractions, travel assurance products and add-on products for bookings; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products; and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands, as well as foreign exchange, prepaid forex cards, cross-border remittances and related financial services. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Company Details

  • SectorConsumer Cyclical
  • IndustryTravel Services
  • CEOMr. Rajesh Magow
  • Employees5.51K
  • HeadquartersBuilding No. 5, Gurugram, India, 122002, USA
  • Websitehttps://www.makemytrip.com

Leadership

  • Mr. Rajesh MagowCo-Founder, Group CEO & Director · b. 1968
  • Mr. Deep KalraFounder, Group Chairman & Chief Mentor · b. 1969
  • Mr. Dipak Kumar BohraGroup Chief Financial Officer · b. 1973
  • Mr. Mohit KabraGroup COO & Director · b. 1971
  • Mr. Sanjay MohanGroup Chief Technology Officer · b. 1965
  • Mr. Ravi Prakash TyagiVice President of Administration
  • Mr. Vipul GargSenior Vice President of Investor Relations
  • Mr. Yuvaraj SrivastavaGroup Chief Human Resource Officer · b. 1971
  • Mr. Parikshit ChoudhuryChief Business Officer of B2B & Customer Contact Group
  • Mr. Abhishek LoganiChief Business Officer of Hotels

Financials

Income Statement

Currency: USD2008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue38.33M68.55M83.56M124.72M196.60M228.82M255.38M299.66M336.05M447.62M675.26M486.01M511.53M163.44M303.92M593.04M782.52M978.34M1.04B
Growth (%)-+78.84%+21.89%+49.26%+57.63%+16.39%+11.60%+17.34%+12.14%+33.20%+50.86%-28.03%+5.25%-68.05%+85.95%+95.13%+31.95%+25.02%+6.71%
Cost of Revenue21.82M43.56M43.28M63.65M108.41M140.66M148.98M160.71M167.03M173.92M175.88M173.41M154.32M22.31M58.75M177.57M215.09M274.35M460.53M
Gross Profit16.51M24.99M40.28M61.07M88.18M88.17M106.39M138.95M169.02M273.70M499.38M312.60M357.21M141.13M245.17M415.47M567.43M703.99M583.46M
Gross Margin43.06%36.46%48.21%48.97%44.86%38.53%41.66%46.37%50.30%61.15%73.95%64.32%69.83%86.35%80.67%70.06%72.51%71.96%55.89%
Operating Expense32.80M35.61M46.29M57.01M84.18M106.23M121.72M153.49M235.85M409.08M718.82M465.54M786.62M208.81M275.54M391.87M502.22M584.10M429.53M
Operating Income-16.29M-10.62M-6.01M4.06M4.01M-18.06M-15.32M-14.54M-66.83M-135.39M-219.44M-152.94M-429.41M-67.68M-30.37M23.60M65.21M119.89M153.93M
Operating Margin-42.49%-15.49%-7.19%3.26%2.04%-7.89%-6.00%-4.85%-19.89%-30.25%-32.50%-31.47%-83.95%-41.41%-9.99%3.98%8.33%12.25%14.74%
EBITDA-16.65M-4.26M-2.57M4.76M4.21M-14.91M-14.98M-6.48M-69.80M-87.00M-189.40M-141.51M-410.98M-23.64M-2.00M31.72M137.93M159.95M210.97M
EBITDA Margin-43.45%-6.21%-3.07%3.82%2.14%-6.52%-5.87%-2.16%-20.77%-19.44%-28.05%-29.12%-80.34%-14.46%-0.66%5.35%17.63%16.35%20.21%
Net Income-18.89M-7.35M-6.21M4.83M7.05M-27.59M-20.93M-18.25M-88.52M-110.17M-218.41M-167.76M-447.78M-55.64M-45.41M-11.32M216.80M95.10M51.80M
Net Income Margin-49.29%-10.72%-7.43%3.87%3.59%-12.06%-8.20%-6.09%-26.34%-24.61%-32.35%-34.52%-87.54%-34.04%-14.94%-1.91%27.71%9.72%4.96%
R&D--------------9.09M6.86M6.66M6.01M-
R&D as % of Total Revenue--------------2.99%1.16%0.85%0.61%-
Interest Expense1.14M1.56M2.06M711.44K451.44K136.62K444.00K242.00K4.24M14.85M911.00K730.00K6.14M4.44M15.31M17.25M17.75M17.67M104.76M
Interest Expense % of Total Revenue2.97%2.27%2.47%0.57%0.23%0.06%0.17%0.08%1.26%3.32%0.13%0.15%1.20%2.72%5.04%2.91%2.27%1.81%10.03%

Balance Sheet

Currency: USD2008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets-37.90M50.63M112.94M170.19M194.62M269.84M280.40M400.99M1.54B1.77B1.57B1.08B1.31B1.32B1.36B1.66B1.83B1.75B
Total Liabilities-65.13M75.58M36.66M51.40M92.63M107.54M122.55M323.38M139.32M206.52M212.92M220.92M417.82M426.27M483.77M543.66M620.31M1.81B
Total Equity--27.24M-24.96M76.28M118.72M101.30M161.59M157.26M77.61M1.40B1.56B1.36B858.24M887.52M894.13M869.57M1.11B1.20B-67.77M
Cash-5.47M9.34M67.97M43.80M36.50M38.01M49.86M53.43M101.70M187.65M177.99M129.88M295.07M213.28M284.02M327.06M508.90M424.83M
Total Debt-47.63M44.96M4.07M259.36K1.29M318.11K499.00K204.46M749.00K652.00K707.00K25.58M203.96M216.58M235.16M221.62M236.57M1.41B
Net Debt-42.15M35.62M-63.90M-43.54M-35.22M-37.69M-49.36M151.03M-100.95M-187.00M-177.28M-104.30M-91.11M3.30M-48.85M-105.44M-272.32M981.60M

Cash Flow

Currency: USD2008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow-16.38M-3.15M5.23M-6.33M10.88M13.60M-3.96M10.83M-66.00M-108.46M-125.48M-78.93M-112.73M67.93M6.00M32.21M125.74M185.29M182.54M
Investing Cash Flow-4.44M-11.81M3.45M-3.03M-46.23M-17.95M-64.45M5.42M-103.64M163.01M-115.09M70.01M73.83M-124.83M-77.60M46.63M-75.59M26.44M-127.08M
Financing Cash Flow14.59M14.32M-210.04K52.36M35.23M-1.39M72.46M-2.72M164.61M2.16M327.90M-335.00K-10.99M221.96M-9.57M-6.21M-6.24M-22.89M-107.41M
Capital Expenditure5.29M944.60K1.11M2.85M9.01M6.98M5.57M6.97M11.11M14.98M12.10M9.70M12.76M642.00K12.91M16.90M12.82M11.76M14.53M
Free Cash Flow-21.67M-4.09M4.12M-9.18M1.87M6.61M-9.53M3.86M-77.11M-123.44M-137.57M-88.63M-125.49M67.29M-6.91M15.31M112.92M173.52M168.01M
Dividends Paid------1.13M--4.14M000000000
FCF to OCF132.31%130.01%78.85%144.95%17.21%48.63%240.71%35.64%116.83%113.81%109.64%112.29%111.32%99.05%-115.26%47.53%89.80%93.65%92.04%
Dividend Paid to FCF-------11.86%---3.35%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Earnings

Report DateSep 1, 2010Nov 15, 2010Feb 9, 2011May 11, 2011Aug 10, 2011Nov 8, 2011Feb 9, 2012May 24, 2012Aug 6, 2012Nov 6, 2012Feb 7, 2013May 22, 2013Aug 7, 2013Oct 31, 2013Jan 30, 2014May 21, 2014Jul 30, 2014Oct 30, 2014Jan 29, 2015May 14, 2015Jul 30, 2015Oct 29, 2015Jan 28, 2016May 18, 2016Jul 27, 2016Oct 26, 2016Jan 31, 2017May 19, 2017Aug 9, 2017Nov 1, 2017Feb 8, 2018May 30, 2018Aug 14, 2018Oct 25, 2018Jan 24, 2019May 16, 2019Jul 30, 2019Nov 4, 2019Feb 11, 2020Jun 26, 2020Aug 21, 2020Oct 27, 2020Jan 28, 2021May 25, 2021Jul 27, 2021Oct 26, 2021Jan 25, 2022May 25, 2022Jul 27, 2022Nov 1, 2022Jan 31, 2023May 16, 2023Aug 1, 2023Oct 31, 2023Jan 23, 2024May 15, 2024Jul 23, 2024Oct 23, 2024Jan 23, 2025May 14, 2025Jul 22, 2025Oct 28, 2025Jan 21, 2026May 19, 2026Aug 3, 2026Oct 27, 2026
EPS Estimate-0.020.040.040.030.030.080.060.070.050.03-0.06-0.03-0.11-0.08-0.05-0.05-0.040.03-0.020.000.03-0.08-0.50-0.54-0.61-0.48-0.60-0.44-0.44-0.44-0.39-0.30-0.26-0.18-0.44-0.20-0.22-0.21-0.30-0.26-0.17-0.06-0.12-0.22-0.080.08-0.140.030.120.110.160.180.070.330.200.360.340.420.240.420.420.420.410.200.36
EPS Actual0.050.020.050.030.040.040.080.080.050.03-0.07-0.17-0.14-0.080.03-0.01-0.09-0.040.01-0.04-0.05-0.17-0.36-0.82-0.73-0.61-0.12-0.42-0.53-0.45-0.30-0.40-0.37-0.31-0.14-0.29-0.27-0.22-0.15-0.34-0.20-0.070.07-0.03-0.22-0.07-0.08-0.040.050.070.140.210.300.020.350.380.390.360.390.250.420.370.520.320.48-
Surprise-0.00%25.00%-25.00%33.33%33.33%0.00%33.33%-28.57%-40.00%-333.33%-183.33%-366.67%27.27%137.50%80.00%-89.40%0.00%-66.67%-100.00%--666.67%-350.00%-64.00%-35.19%0.00%75.00%30.00%-20.45%-2.27%31.82%-2.56%-23.33%-19.23%22.22%34.09%-35.00%0.00%28.57%-13.33%23.08%58.82%216.67%75.00%0.00%12.50%-200.00%71.43%66.67%-41.67%27.27%31.25%66.67%-71.43%6.06%90.00%8.33%5.88%-7.14%7.09%0.00%-11.90%23.81%-21.95%140.00%-
Timing-Pre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap4.46B
Enterprise Value5.06B
Trailing P/E206.04
Forward P/E96.15
PEG Ratio5.39
Price / Sales4.20
Price / Book158.87
EPS0.23
Book Value-0.716
Revenue (TTM)1.06B
Gross Profit (TTM)621.62M
EBITDA175.55M
Profit Margin3.23%
Operating Margin15.30%
Return on Equity28.69%
Return on Assets2.99%
Shares Outstanding88.76M
Shares Float29.14M
Beta1.00
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 10 analystsTarget 74.30
  • Strong Buy
    8
  • Buy
    2

Ownership Breakdown

Institutions
105.61%
Insiders
20.76%
Retail / Other
0.00%

Top Institutional Holders

  • Baillie Gifford & Co Limited.
    14.67M15.60%
  • Schroder Investment Management Group
    7.71M8.20%
  • JPMorgan Chase & Co
    4.78M5.08%
  • Royal Bank of Canada
    3.50M3.72%
  • Morgan Stanley - Brokerage Accounts
    3.24M3.44%
  • Artisan Partners Limited Partnership
    3.10M3.30%
  • Wellington Management Company LLP
    2.81M2.99%
  • Franklin Templeton Inc
    2.52M2.68%
  • Wasatch Advisors LP
    2.47M2.63%
  • AMANSA CAPITAL PTE Ltd.
    2.23M2.37%
  • The Goldman Sachs Group Inc
    1.81M1.93%
  • Temasek Holdings Ltd.
    1.70M1.81%
  • FMR Inc
    1.68M1.79%
  • T. Rowe Price Associates, Inc.
    1.62M1.72%
  • Coronation Fund Managers Ltd
    1.55M1.64%
  • Massachusetts Financial Services Company
    1.49M1.59%

Top Fund Holders

  • Vanguard International Growth Inv
    2.93M3.12%
  • Artisan Developing World Institutional
    2.76M2.93%
  • MFS Emerging Markets Equity A
    1.70M1.81%
  • MS INVF Asia Opportunity Z
    1.57M1.67%