MMYT Earnings Prediction
The chart below shows how MMYT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MMYT sees a -4.90% change in stock price 10 days leading up to the earnings, and a +2.99% change 10 days following the report. On the earnings day itself, the stock moves by +3.45%. This data can give you a slight idea of what to expect for the next quarter's release.
MMYT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
267.36M
24.81%
26.72%
Gross Margin
68.53%
1.17%
-6.42%
Operating Margin
12.97%
22.71%
4.77%
Net Margin
10.12%
-10.44%
19.06%
EPS
0.23
4.55%
43.75%
No Data Available
MMYT Earnings Analysis
MakeMyTrip Ltd Corporation (MMYT.O) Earnings Conference Call
Positive
Gross Booking Value Growth: Accelerated year on year growth rate of 26.8% in gross booking value in constant currency terms during the reported quarter, compared to a growth rate of 22.9% during the first half of this fiscal year.
Record Quarterly Operating Profit: Adjusted operating profit reached an all-time quarterly high of $46 million, registering a year on year growth of about 38%.
Air Ticketing Revenue Surge: International air ticketing revenue grew by over 32% year on year, significantly outpacing industry growth.
International Hotels Revenue Surge: International hotels revenue grew by over 63% year on year, marking it as one of the fastest growing business segments.
Hotels and Packages Growth: Gross bookings for the Hotels and Packages segment came in at $681.5 million, registering a growth of 23.4% year on year in constant currency.
Negative
Domestic Air Market Challenges: Near term supply challenges in the domestic air market persist, with the existing supply of grounded planes due to engine issues delaying recovery, impacting overall growth projections for 2025.
Take Rate Decline: Take rates decreased from 6.8% to 6.1% quarter-over-quarter, indicating potential pressure from increased competition and changing pricing dynamics in the market.
Working Capital Concerns: Despite a strong overall performance, there was a higher than expected deployment in working capital, which may negatively impact cash flow in the upcoming quarter.
Rising Customer Acquisition Costs: Customer acquisition costs increased slightly to 4.9% of gross bookings, up from 4.6% in the previous quarter, indicating rising marketing expenses amid competitive pressures.
Supply Constraints Impacting Growth: The company anticipates a slower resolution of supply constraints in the domestic air market, which could hinder growth and market share recovery in the near term.
MMYT FAQs
How does MMYT typically perform around its earnings report dates?
Is Earnings call transcript: MakeMyTrip Q3 2025 misses EPS forecast, stock dips positive or negative?
How can historical earnings data help predict future stock performance?
MMYT Earning Call Sentiment
Earnings call transcript: MakeMyTrip Q3 2025 misses EPS forecast, stock dips
MMYT.O
-3.71%Positive
The earnings call highlights strong financial performance with significant growth in gross booking value and adjusted operating profit. The company maintains a solid cash position and plans for share buybacks, which can boost investor confidence. Despite supply challenges in domestic air travel, the management is optimistic about resolving these issues. The Q&A reveals confidence in international travel growth and stable competition. Although there are some concerns about currency volatility and competitive pressures, the overall sentiment remains positive due to robust growth metrics and strategic initiatives.
