MakeMyTrip
MMYT
43.41
+0.04
+0.09%
MakeMyTrip
US · MMYT
#2248 by market cap
Listed 1970
43.41
+0.04
+0.09%
Live - 5344 symbols - heartbeat 260s ago
· 2026-10-08 07:17
Pre-market
43.00
-0.94%
After-hours
43.41
0.00%
Overnight
44.72
+3.02%
- Market cap
- 4.08B
- P/E (TTM)i
- 188.74
- P/Bi
- -58.82
- EPSi
- 0.36
- Div yieldi
- 0.00%
- 52W posi
- 18%
Reader sentiment
Are you bullish or bearish on MMYT?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.49, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +6.71% YoY
Margins
- Gross margin
- 73.77%
- Operating margin
- 14.93%
- Net margin
- 4.96%
Key ratios & quality
- Enterprise valuei
- 4.72B
- Altman Z-Scorei
- 0.49
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 486.01M | 511.53M | 163.44M | 303.92M | 593.04M | 782.52M | 978.34M | 1.04B |
| Gross profit | 312.60M | 357.21M | 141.13M | 245.17M | 415.47M | 567.44M | 703.99M | 770.14M |
| Selling & admin expenses | 325.54M | 312.63M | 135.62M | 178.09M | 245.11M | 322.66M | 388.11M | 405.84M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | -152.99M | -157.93M | -69.19M | -32.89M | 21.46M | 75.98M | 121.24M | 155.82M |
| Pretax profit | -168.62M | -447.55M | -60.55M | -46.67M | -12.14M | 92.94M | 115.89M | 78.37M |
| Tax | -740.00K | -29.00K | -4.51M | -1.11M | -976.00K | -123.81M | 20.62M | 26.70M |
| Net profit | -167.88M | -447.52M | -56.04M | -45.57M | -11.17M | 216.74M | 95.27M | 51.67M |
| Basic EPS | -2 | -4 | -1 | 0 | 0 | 2 | 1 | 1 |
| Diluted EPS | -1.61 | -4.26 | -0.52 | -0.42 | -0.10 | 1.74 | 0.83 | 0.36 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 245.46M | 268.85M | 229.34M | 295.69M | 250.12M | 285.58M |
| Gross profit | 183.35M | 193.96M | 177.83M | 207.82M | 190.53M | 202.90M |
| Selling & admin expenses | 147.57M | 84.15M | 78.37M | 92.48M | 150.85M | 87.63M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 32.58M | 40.36M | 34.44M | 40.89M | 40.14M | 43.71M |
| Pretax profit | 30.96M | 36.38M | -1.45M | 13.16M | 30.28M | 15.44M |
| Tax | 1.74M | 10.57M | 4.29M | 5.87M | 5.96M | 6.33M |
| Net profit | 29.22M | 25.81M | -5.74M | 7.28M | 24.32M | 9.11M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.25 | 0.22 | -0.06 | 0.07 | 0.02 | 0.09 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 440.65M | 279.02M | 501.18M | 591.37M | 671.91M | 857.28M | 1.07B | 1.05B |
| Cash & ST investments | 311.98M | 167.70M | 424.89M | 477.46M | 481.07M | 606.79M | 761.18M | 765.12M |
| Inventory | 606.00K | 36.00K | 40.00K | 11.00K | 25.00K | 218.00K | 363.00K | 612.00K |
| Total assets | 1.57B | 1.08B | 1.31B | 1.32B | 1.36B | 1.66B | 1.83B | 1.75B |
| Total current liabilities | 204.57M | 179.87M | 194.19M | 191.22M | 453.66M | 297.57M | 576.61M | 343.21M |
| Short-term debt | 233.00K | 3.97M | 2.34M | 2.78M | 219.51M | 4.81M | 222.68M | 6.70M |
| Long-term debt | 474.00K | 698.00K | 188.00M | 202.20M | 1.90M | 203.85M | 3.12M | 1.39B |
| Total liabilities | 212,918,000.00 | 220,919,000.00 | 417,823,000.00 | 426,269,000.00 | 483,769,000.00 | 543,659,000.00 | 620,311,000.00 | 1,813,342,000.00 |
| Total equity | 1.36B | 862.29M | 891.19M | 896.48M | 876.06M | 1.12B | 1.21B | -58.46M |
| Retained earnings | -682.05M | -1.15B | -1.20B | -1.21B | -1.23B | -1.02B | -929.87M | -2.79B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.07B | 4.13B | 1.13B | 1.15B | 1.05B | 1.09B |
| Cash & ST investments | 761.18M | 800.30M | 829.82M | 814.11M | 765.12M | 776.18M |
| Inventory | 363.00K | 364.00K | 643.00K | 687.00K | 612.00K | 425.00K |
| Total assets | 1.83B | 4.88B | 1.86B | 1.86B | 1.75B | 1.78B |
| Total current liabilities | 576.61M | 3.60B | 592.56M | 617.93M | 343.21M | 348.51M |
| Short-term debt | 222.68M | 226.83M | 230.65M | 234.84M | 6.70M | 7.22M |
| Long-term debt | 3.12M | 1.13B | 1.16B | 1.18B | 1.39B | 1.43B |
| Total liabilities | 620,311,000.00 | 4,817,176,000.00 | 1,826,743,000.00 | 1,866,836,000.00 | 1,813,342,000.00 | 1,842,741,000.00 |
| Total equity | 1.21B | 61.74M | 29.77M | -7.35M | -58.46M | -59.31M |
| Retained earnings | -929.87M | -903.93M | -2.83B | -2.82B | -2.79B | -2.79B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -78.93M | -112.73M | 64.53M | 6.20M | 32.21M | 125.74M | 185.29M | 182.54M |
| Depreciation & amortization | 26.82M | 33.68M | 33.01M | 29.36M | 27.25M | 27.25M | 27.12M | 27.85M |
| Free cash flow | -88.63M | -125.49M | 55.76M | -6.71M | 15.31M | 112.92M | 173.52M | 168.01M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock buybacks / issuance | -- | -- | -- | -- | 0 | 0 | -21.72M | -1.47B |
| Ending cash balance | 177.99M | 129.88M | 295.07M | 213.28M | 284.02M | 327.07M | 508.36M | 424.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 87.85M | 41.84M | 48.67M | 45.58M | 46.44M | 26.71M |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | 76.08M | 41.84M | 48.67M | 45.58M | 31.91M | 26.71M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 508.36M | 485.91M | 521.25M | 433.16M | 424.00M | 369.90M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -11.51 | -40.42 | -6.37 | -5.10 | -1.28 | 21.89 | 8.22 | 9.13 |
| ROA %i | -10.06 | -33.75 | -4.65 | -3.45 | -0.84 | 14.36 | 5.45 | 2.89 |
| ROIC %i | -11.92 | -39.99 | -5.94 | -3.65 | -0.55 | 17.41 | 6.19 | 6.80 |
| 5-year avg ROE %i | -25.59 | -31.38 | -17.58 | -15.63 | -12.94 | -6.26 | 3.47 | 6.57 |
| EBIT margin %i | -34.63 | -86.93 | -34.66 | -10.32 | 0.75 | 14.14 | 13.58 | 16.31 |
| FCF / sales %i | -- | -- | 34.11 | -- | 2.56 | 14.43 | 17.74 | 16.09 |
| Current ratioi | 2.15 | 1.55 | 2.58 | 3.09 | 1.48 | 2.88 | 1.85 | 3.05 |
| Quick ratioi | 1.79 | 1.25 | 2.32 | 2.68 | 1.21 | 2.37 | 1.58 | 2.70 |
| Debt / assetsi | 0.05 | 2.36 | 15.58 | 16.37 | 17.29 | 13.35 | 12.94 | 80.14 |
| LT debt / equityi | 0.03 | 2.52 | 22.72 | 23.91 | 1.80 | 19.52 | 1.16 | -- |
| Interest coveragei | -562.96 | -153.97 | -14.52 | -2.05 | 0.27 | 6.24 | 7.84 | 1.85 |
| Revenue CAGR (3Y) %i | 13.09 | 4.55 | -37.68 | -14.49 | 5.05 | 68.54 | 47.65 | 20.75 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | 26.52 | -- | 122.21 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 8.22 | 16.70 | 12.84 | 9.66 | 9.13 | -- |
| ROA %i | 5.45 | 3.02 | 4.21 | 3.09 | 2.89 | 1.03 |
| ROIC %i | 6.19 | 6.86 | 7.14 | 6.70 | 6.80 | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 13.58 | 14.60 | 15.16 | 15.34 | 16.31 | 16.36 |
| FCF / sales %i | 17.74 | 14.41 | 15.44 | 20.41 | 16.09 | 14.41 |
| Current ratioi | 1.85 | 1.15 | 1.91 | 1.85 | 3.05 | 3.13 |
| Quick ratioi | 1.58 | 0.26 | 1.67 | 1.59 | 2.70 | 2.77 |
| Debt / assetsi | 12.94 | 27.88 | 74.73 | 75.89 | 80.14 | 80.53 |
| LT debt / equityi | 1.16 | 2,005.70 | 4,534.81 | -- | -- | -- |
| Interest coveragei | 7.84 | 6.54 | 2.67 | 1.98 | 1.85 | 1.49 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Hotels and Packages is the largest reported line at 52.94% of revenue, across 4 reported segments.
- Air Ticketing follows at 19.47%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Hotels and Packages52.94%
Air Ticketing19.47%
Bus ticketing15.73%
All other segments11.86%
Quote time 2026-10-08 07:17:19 · For reference only, not investment advice and not tailored to your situation.