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MMYT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
47.910
Open
46.900
VWAP
47.28
Vol
312.36K
Mkt Cap
4.43B
Low
46.265
Amount
14.77M
EV/EBITDA(TTM)
27.73
Total Shares
94.87M
EV
5.10B
EV/OCF(TTM)
27.93
P/S(TTM)
4.69
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.
Show More

Events Timeline

(ET)
2026-04-08
10:10:00
MakeMyTrip Stock Rises 15% to $44.00
select
2026-03-30 (ET)
2026-03-30
12:10:00
Major U.S. Indices Rise as Oil Prices Surpass $100
select
2026-03-30
10:10:00
Morpheus Research Accuses MakeMyTrip of Anti-Competitive Practices
select
link
2026-02-18 (ET)
2026-02-18
05:50:00
MakeMyTrip Partners with OpenAI to Enhance AI Travel Discovery
select

News

NASDAQ.COM
9.5
05-19NASDAQ.COM
MakeMyTrip Reports Decline in Q4 Profit Amid Revenue Growth
  • Revenue Growth: MakeMyTrip reported a revenue increase to $250.1 million for Q4 2026, up from $245.5 million year-over-year, indicating the company's adaptability in the recovering travel demand landscape.
  • Net Income Decline: Despite revenue growth, net income fell to $24.2 million from $29.2 million a year earlier, reflecting the adverse impact of rising finance costs on profitability, which may affect investor confidence moving forward.
  • Full-Year Performance: For the fiscal year 2026, total revenue reached $1.04 billion, up from $978.3 million, yet net income decreased from $95.1 million to $51.8 million, highlighting profitability pressures amid expansion efforts.
  • Stock Price Volatility: MMYT is currently trading at $39.47, down $5.46 or 12.15%, indicating market concerns regarding the company's financial performance, which could impact its future financing capabilities.
NASDAQ.COM
2.0
05-19NASDAQ.COM
MakeMyTrip (MMYT) Q4 2026 Earnings Transcript
seekingalpha
9.5
05-19seekingalpha
MakeMyTrip Q4 Earnings Miss Expectations
  • Disappointing Earnings: MakeMyTrip reported a Q4 Non-GAAP EPS of $0.32, missing expectations by $0.09, indicating pressure on profitability that may affect investor confidence.
  • Revenue Shortfall: The revenue for the quarter was $250.12 million, a 1.9% year-over-year increase, but fell short of market expectations by $25.37 million, reflecting challenges from intensified market competition and weak consumer demand.
  • Gross Bookings Growth: Despite the revenue miss, gross bookings increased by 4.8% year-over-year in Q4 to $2,550.5 million, demonstrating some resilience in the market that could lay the groundwork for future growth.
  • Adjusted Margin Improvement: Adjusted margins across business lines saw growth, with air ticketing margins increasing by 10.7% year-over-year to $99.3 million, indicating positive progress in cost optimization and service quality enhancement.
Newsfilter
9.5
05-06Newsfilter
MakeMyTrip to Report Q4 and Full Year Results on May 19, 2026
  • Earnings Release Schedule: MakeMyTrip plans to report its fiscal 2026 fourth quarter and full year financial and operating results before markets open on May 19, 2026, reflecting the company's commitment to transparency and investor communication.
  • Webinar Timing: The company will host a live Zoom webinar with its senior management team on May 19, 2026, at 7:30 am EDT (5:00 pm IST), aimed at directly engaging with investors and addressing their queries.
  • Registration and Replay: Participants must register via the company's Investor Relations website, receiving a confirmation email, and a replay will be available approximately two hours after the live event, ensuring broad dissemination of information.
  • Company Background: MakeMyTrip operates well-recognized online travel brands including MakeMyTrip, Goibibo, and redBus, offering a comprehensive range of travel services such as air ticketing, hotel bookings, and holiday planning, showcasing its robust business capabilities in both Indian and international markets.
seekingalpha
2.0
03-30seekingalpha
MakeMyTrip Shares Drop 2.4% Amid New Short Call
  • Increased Short Interest: Morpheus Research's announcement of a short position in MakeMyTrip (MMYT) has led to a 2.4% drop in its stock price, indicating growing market concerns about the company's future performance, which could undermine investor confidence.
  • Significant Short Interest: With short interest at 9.2%, there is a heightened expectation of downward pressure on MakeMyTrip's stock, prompting investors to reassess their holding strategies in light of potential risks.
  • Financial Strain Evident: Although MakeMyTrip reported a non-GAAP EPS of $0.52, beating estimates by $0.10, its revenue of $295.69 million fell short by $10.4 million, highlighting the detrimental impact of high finance costs and tax liabilities on profitability.
  • Lackluster Market Response: MakeMyTrip's failure to respond to Seeking Alpha's request for comments may raise questions about its transparency and communication capabilities, potentially affecting investor trust and future stock performance.
PRnewswire
9.5
02-25PRnewswire
Trip.com Group Reports Significant Revenue Growth in 2025 Financial Results
  • Revenue Growth: Trip.com Group reported net revenue of RMB 15.4 billion (US$2.2 billion) for Q4 2025, a 21% year-over-year increase, indicating strong travel demand despite a 16% quarter-over-quarter decline primarily due to seasonality.
  • Accommodation Booking Performance: Q4 accommodation reservation revenue reached RMB 6.3 billion (US$899 million), up 21% year-over-year, accounting for 42% of total revenue, reflecting the company's sustained growth potential in the accommodation market.
  • Corporate Travel Revenue: Corporate travel revenue for Q4 2025 was RMB 808 million (US$116 million), a 15% increase year-over-year, demonstrating enhanced market demand among corporate clients, which is expected to further drive long-term growth.
  • Board Changes: Trip.com announced changes to its board, with co-founders Min Fan and Qi Ji resigning, while appointing May Yihong Wu and Iris Yang Xiao as new independent directors, aiming to introduce diverse expertise to support the company's future strategy.
Wall Street analysts forecast MMYT stock price to rise
3 Analyst Rating
Wall Street analysts forecast MMYT stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
113.00
Averages
118.00
High
123.00
Current: 0.000
sliders
Low
113.00
Averages
118.00
High
123.00
Citi
Vijit Jain
Buy
maintain
$80 -> $70
AI Analysis
2026-05-19
Reason
Citi
Vijit Jain
Price Target
$80 -> $70
AI Analysis
2026-05-19
maintain
Buy
Reason
Citi analyst Vijit Jain lowered the firm's price target on MakeMyTrip to $70 from $80 and keeps a Buy rating on the shares. The firm notes adjusted EBIT at $46M was 2% ahead of its estimates, while constant currency growth in gross bookings/adjusted revenues stood at 5%/13% year-over-year. Citi expects quarter-over-quarter and year-over-year growth in the near-term and build in 3% and 6% year-over-year growth in gross booking value in Q1 and FY27. The firm is lowering estimates to factor in prolonged impact of the geopolitical situation.
Goldman Sachs
Manish Adukia
Buy
downgrade
$117 -> $80
2026-05-07
Reason
Goldman Sachs
Manish Adukia
Price Target
$117 -> $80
2026-05-07
downgrade
Buy
Reason
Goldman Sachs analyst Manish Adukia lowered the firm's price target on MakeMyTrip to $80 from $117 and keeps a Buy rating on the shares ahead of its Q4 results. The company has seen steady estimate downgrades through FY26, a function of both demand headwinds and translation impact due to INR depreciation, the analyst tells investors in a research note. AI disruption fears, potential India listing and concerns on balance sheet from potential CB redemption have weighed on the stock's multiples, the firm added.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MMYT
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Valuation Metrics

The current forward P/E ratio for MakeMyTrip Ltd (MMYT.O) is 96.15, compared to its 5-year average forward P/E of 154.95. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
154.95
Current PE
96.15
Overvalued PE
376.34
Undervalued PE
-66.44

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
44.34
Current EV/EBITDA
20.26
Overvalued EV/EBITDA
81.27
Undervalued EV/EBITDA
7.42

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.31
Current PS
2.97
Overvalued PS
8.80
Undervalued PS
3.82

Financials

AI Analysis
Annual
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Whales Holding MMYT

G
Ghisallo Capital Management LLC
Holding
MMYT
+14.17%
3M Return
F
Fullerton Fund Management Company Ltd.
Holding
MMYT
+11.11%
3M Return
R
RBF Capital LLC
Holding
MMYT
+8.72%
3M Return
G
Greenwoods Asset Management
Holding
MMYT
+7.73%
3M Return
A
AHL Partners LLP
Holding
MMYT
+3.78%
3M Return
S
Schroder Investment Management (Hong Kong) Ltd.
Holding
MMYT
+0.56%
3M Return

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Frequently Asked Questions

What is MakeMyTrip Ltd (MMYT) stock price today?

The current price of MMYT is 47.67 USD — it has increased 1.99

What is MakeMyTrip Ltd (MMYT)'s business?

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.

What is the price predicton of MMYT Stock?

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 is118.00 USD with a low forecast of 113.00 USD and a high forecast of 123.00 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.

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

MakeMyTrip Ltd revenue for the last quarter amounts to 250.12M USD, increased 1.90

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

MakeMyTrip Ltd. EPS for the last quarter amounts to 0.23 USD, decreased -11.54

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

MakeMyTrip Ltd (MMYT) has 5122 emplpoyees as of June 01 2026.

What is MakeMyTrip Ltd (MMYT) market cap?

Today MMYT has the market capitalization of 4.43B USD.