
MMYT
MakeMyTrip Ltd
- Overview
- Forecast
- Valuation
- Earnings

Line
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Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
103.370
Open
102.495
VWAP
102.03
Vol
1.04M
Mkt Cap
9.67B
Low
100.610
Amount
105.70M
EV/EBITDA(TTM)
63.53
Total Shares
109.06M
EV
10.26B
EV/OCF(TTM)
66.28
P/S(TTM)
11.84
MakeMyTrip Limited is an online travel provider. The Company's segments include Air Ticketing, Hotels and Packages, and Bus Ticketing. The Air ticketing segment provides the facility to book domestic and international air tickets through Internet-based platforms. The Hotels and packages segment provides holiday packages and hotel reservations through Internet-based platforms, call centers, and franchise stores. The Bus ticketing segment provides the facility to book domestic and international bus tickets through Internet-based platforms. Through its primary websites, such as www.makemytrip.com, www.goibibo.com, and www.redbus.in, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas. The Company's services and products include air ticketing, hotels and packages, bus tickets, rail tickets, car hire, activities and experiences, and ancillary travel requirements. It also provides an inter-city car rental service.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q4
FY2026Q3
FY2026Q2
297.42M
+13.87%
--
--
317.33M
+17.34%
--
--
266.00M
+15.52%
--
--
Estimates Revision
The market is revising Downward the revenue expectations for MakeMyTrip Limited (MMYT) for FY2026, with the revenue forecasts being adjusted by -0.81% over the past three months. During the same period, the stock price has changed by -4.13%.
Revenue Estimates for FY2026
Revise Downward

-0.81%
In Past 3 Month
Stock Price
Go Down

-4.13%
In Past 3 Month
5 Analyst Rating

19.46% Upside
Wall Street analysts forecast MMYT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MMYT is 121.40 USD with a low forecast of 110.00 USD and a high forecast of 126.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
0 Hold
0 Sell
Strong Buy

19.46% Upside
Current: 101.620

Low
110.00
Averages
121.40
High
126.00

19.46% Upside
Current: 101.620

Low
110.00
Averages
121.40
High
126.00
Citi
Buy
downgrade
$125 -> $120
2025-07-23
New
Reason
Citi
Price Target
$125 -> $120
2025-07-23
New
downgrade
Buy
Reason
Citi lowered the firm's price target on MakeMyTrip to $120 from $125 and keeps a Buy rating on the shares following the Q2 report. The firm sees softer demand in the company's domestic air and packages segments offset by strength in its international and new transportation verticals.
Macquarie
Aditya Suresh
Neutral -> Outperform
upgrade
$110
2025-06-24
Reason
Macquarie
Aditya Suresh
Price Target
$110
2025-06-24
upgrade
Neutral -> Outperform
Reason
Citi
Buy
maintain
$120 -> $125
2025-05-15
Reason
Citi
Price Target
$120 -> $125
2025-05-15
maintain
Buy
Reason
BofA
Buy
maintain
$107 -> $120
2025-05-15
Reason
BofA
Price Target
$107 -> $120
2025-05-15
maintain
Buy
Reason
B of A Securities
Sachin Salgaonkar
Strong Buy
Maintains
$119 → $130
2024-12-27
Reason
B of A Securities
Sachin Salgaonkar
Price Target
$119 → $130
2024-12-27
Maintains
Strong Buy
Reason
B of A Securities
Sachin Salgaonkar
Strong Buy
Maintains
$112 → $119
2024-10-24
Reason
B of A Securities
Sachin Salgaonkar
Price Target
$112 → $119
2024-10-24
Maintains
Strong Buy
Reason
See All Ratings
Valuation Metrics
The current forward P/E ratio for MakeMyTrip Ltd (MMYT.O) is 72.73, compared to its 5-year average forward P/E of 126.91. For a more detailed relative valuation and DCF analysis to assess MakeMyTrip Ltd 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A
5Y Average PE
126.91
Current PE
72.73
Overvalued PE
356.37
Undervalued PE
-102.54
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A
5Y Average EV/EBITDA
33.96
Current EV/EBITDA
42.89
Overvalued EV/EBITDA
92.59
Undervalued EV/EBITDA
-24.66
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair
5Y Average PS
6.57
Current PS
7.76
Overvalued PS
9.05
Undervalued PS
4.09
Financials
Annual
Quarterly
FY2026Q1
YoY :
+5.63%
268.85M
Total Revenue
FY2026Q1
YoY :
+44.88%
40.36M
Operating Profit
FY2026Q1
YoY :
+22.61%
25.81M
Net Income after Tax
FY2026Q1
YoY :
+15.79%
0.22
EPS - Diluted
FY2026Q1
YoY :
-42.14%
41.84M
Free Cash Flow
FY2026Q1
YoY :
+8.65%
69.48
Gross Profit Margin - %
FY2026Q1
YoY :
-16.69%
16.62
FCF Margin - %
FY2026Q1
YoY :
+16.08%
9.60
Net Margin - %
FY2026Q1
YoY :
-59.24%
8.42
ROIC
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
104.4K
Volume
2
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
1
8.8K
Volume
Months
6-9
2
315.2K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
MMYT News & Events
Events Timeline
2025-06-18 (ET)
2025-06-18
05:20:34
MakeMyTrip 16M share Secondary priced at $90.00

2025-06-17 (ET)
2025-06-17
06:25:28
MakeMyTrip shares down 8% after Trip.com says to sell portion of stake

2025-06-16 (ET)
2025-06-16
20:49:50
MakeMyTrip announces proposed primary offering of 14M shares of common stock

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News
4.0
07-23BenzingaCitigroup Maintains Buy on MakeMyTrip, Lowers Price Target to $120
2.0
07-16NASDAQ.COMMakeMyTrip (MMYT) Ascends While Market Falls: Some Facts to Note
3.0
07-11NewsfilterMakeMyTrip Limited to report Fiscal 2026 First Quarter Financial & Operating Results on July 22, 2025
Sign Up For More News
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FAQ

What is MakeMyTrip Ltd (MMYT) stock price today?
The current price of MMYT is 101.62 USD — it has decreased -0.27 % in the last trading day.

What is MakeMyTrip Ltd (MMYT)'s business?

What is the price predicton of MMYT Stock?

What is MakeMyTrip Ltd (MMYT)'s revenue for the last quarter?

What is MakeMyTrip Ltd (MMYT)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for MakeMyTrip Ltd (MMYT)'s fundamentals?

How many employees does MakeMyTrip Ltd (MMYT). have?
