MakeMyTrip Ltd.

  • Market Cap: Small Cap
  • Industry: Computers - Software & Consulting
  • ISIN: MU0295S00016
USD
74.84
2.48 (3.43%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

658.78 k

Shareholding (Mar 2025)

FII

74.37%

Held by 210 FIIs

DII

0.22%

Held by 34 DIIs

Promoter

0.03%

How big is MakeMyTrip Ltd.?

22-Jun-2025

As of Jun 18, MakeMyTrip Ltd. has a market capitalization of 10,179.40 million, with net sales of 978.33 million and a net profit of 95.28 million reported over the latest four quarters.

Market Cap: As of Jun 18, MakeMyTrip Ltd. has a market capitalization of 10,179.40 million, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, MakeMyTrip Ltd. reported net sales of 978.33 million and a net profit of 95.28 million.<BR><BR>Balance Sheet Snapshot: As of Mar'25, the company has shareholder's funds amounting to 1,202.63 million and total assets of 1,828.29 million.

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What does MakeMyTrip Ltd. do?

22-Jun-2025

MakeMyTrip Ltd. is an Indian online travel company offering various travel services and products. As of March 2025, it reported net sales of $245 million and a net profit of $29 million, with a market cap of $10.18 billion.

Overview: <BR>MakeMyTrip Ltd. is an online travel company in India that operates in the Computers - Software & Consulting industry, providing a range of travel services and products.<BR><BR>Financial Snapshot: <BR>Net Sales: 245 Million (Quarterly Results - Mar 2025) <BR>Net Profit: 29 Million (Quarterly Results - Mar 2025) <BR>Market cap: USD 10,179.40 Million (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 116.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.43 <BR>Return on Equity: 8.13% <BR>Price to Book: 8.69<BR><BR>Contact Details: <BR>Address: 19Th Floor, Building No.5, Dlf Cyber City, GURGAON None : 122002 <BR>Tel: ['91 124 4395000', '1 917 7692027'] <BR>Website: https://www.makemytrip.com/

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Who are in the management team of MakeMyTrip Ltd.?

22-Jun-2025

As of March 2022, the management team of MakeMyTrip Ltd. includes Mr. Deep Kalra (Group Chairman and CEO), Mr. Rajesh Magow (Co-Founder and CEO - India), and several directors including Mr. Mohit Kabra (CFO), Mr. Gyaneshwarnath Gowrea, Mr. James Liang, Ms. Jane Sun, Ms. Cindy Wang, and Mr. Xing Xiong. This team is responsible for the company's strategic direction and operations.

As of March 2022, the management team of MakeMyTrip Ltd. includes the following key individuals:<BR><BR>- Mr. Deep Kalra: Group Chairman of the Board, Group Chief Executive Officer, and Founder.<BR>- Mr. Rajesh Magow: Co-Founder, Chief Executive Officer - India, and Director.<BR>- Mr. Mohit Kabra: Group Chief Financial Officer and Director.<BR>- Mr. Gyaneshwarnath Gowrea: Director.<BR>- Mr. James Liang: Director.<BR>- Ms. Jane Sun: Director.<BR>- Ms. Cindy Wang: Director.<BR>- Mr. Xing Xiong: Director.<BR><BR>This team plays a crucial role in steering the company's strategic direction and operations.

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Should I buy, sell or hold MakeMyTrip Ltd.?

22-Jun-2025

Is MakeMyTrip Ltd. overvalued or undervalued?

20-Sep-2025

As of July 22, 2025, MakeMyTrip Ltd. is considered risky and overvalued with a high P/E ratio of 116 and underperformance compared to the S&P 500, indicating it trades at a significant premium relative to peers.

As of 22 July 2025, the valuation grade for MakeMyTrip Ltd. has moved from very expensive to risky, indicating a shift in its perceived value. The company appears to be overvalued, especially when considering its high P/E ratio of 116, a Price to Book Value of 9.17, and an EV to EBITDA ratio of 71.63. In comparison, peers like Match Group, Inc. have a P/E of 17.35 and XP, Inc. boasts a much lower EV to EBITDA of 7.06, highlighting the significant premium at which MakeMyTrip is trading.<BR><BR>Despite the company's strong historical returns, including a remarkable 469.59% over the past five years, it has underperformed against the S&P 500 in the last year, with a return of -6.13% compared to the index's 17.14%. This underperformance, coupled with its high valuation ratios, suggests that MakeMyTrip Ltd. may be overvalued relative to its peers and the broader market.

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Is MakeMyTrip Ltd. technically bullish or bearish?

28-Oct-2025

As of October 24, 2025, MakeMyTrip Ltd. exhibits a bearish technical trend, with multiple indicators signaling weakness, and has underperformed the S&P 500 significantly year-to-date and over the past year.

As of 24 October 2025, the technical trend for MakeMyTrip Ltd. has changed from mildly bearish to bearish. The weekly MACD is bearish, and the daily moving averages also indicate a bearish stance. The Bollinger Bands show a bearish condition on the monthly timeframe, while the KST is bearish weekly and mildly bearish monthly. The Dow Theory presents a mildly bullish view on the monthly timeframe, but this is overshadowed by the overall bearish indicators.<BR><BR>In terms of performance, MakeMyTrip has underperformed the S&P 500 across multiple periods, with a year-to-date return of -20.11% compared to the S&P 500's 15.47%, and a one-year return of -13.74% against the S&P 500's 16.90%. Overall, the current technical stance is bearish, indicating weakness in the stock's performance.

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iScoreScore
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Strong Sell
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Strong Buy

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Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 5.64%

  • Poor long term growth as Net Sales has grown by an annual rate of 21.42% over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -1.12
  • NET PROFIT(HY) At USD 55.12 MM has Grown at -71.45%
  • DEBTORS TURNOVER RATIO(HY) Lowest at 7.43 times
  • INTEREST(Q) At USD 10.77 MM has Grown at 44.04%
2

Risky -

3

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Computers - Software & Consulting

stock-summary
Market cap

USD 9,557 Million (Small Cap)

stock-summary
P/E

116.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-3.85

stock-summary
Return on Equity

-46.24%

stock-summary
Price to Book

-44.18

Revenue and Profits:
Net Sales:
269 Million
(Quarterly Results - Jun 2025)
Net Profit:
26 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-25.18%
0%
-25.18%
6 Months
-26.54%
0%
-26.54%
1 Year
-35.73%
0%
-35.73%
2 Years
75.6%
0%
75.6%
3 Years
155.51%
0%
155.51%
4 Years
204.1%
0%
204.1%
5 Years
191.66%
0%
191.66%

MakeMyTrip Ltd. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
21.42%
EBIT Growth (5y)
23.41%
EBIT to Interest (avg)
-1.12
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.43
Sales to Capital Employed (avg)
0.62
Tax Ratio
17.78%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
6.07%
ROE (avg)
5.64%
Valuation key factors
Factor
Value
P/E Ratio
116
Industry P/E
Price to Book Value
9.17
EV to EBIT
87.88
EV to EBITDA
71.63
EV to Capital Employed
15.50
EV to Sales
10.74
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
17.64%
ROE (Latest)
7.92%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Foreign Institutions

Domestic Funds

Held in 67 Schemes (25.38%)

Foreign Institutions

Held by 210 Foreign Institutions (74.37%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 9.49% vs -8.19% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -11.64% vs 7.75% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "268.80",
          "val2": "245.50",
          "chgp": "9.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "46.00",
          "val2": "38.20",
          "chgp": "20.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "10.80",
          "val2": "7.50",
          "chgp": "44.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "25.80",
          "val2": "29.20",
          "chgp": "-11.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "144.50%",
          "val2": "126.90%",
          "chgp": "1.76%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 25.02% vs 31.96% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -56.02% vs 2,034.82% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "978.30",
          "val2": "782.50",
          "chgp": "25.02%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "147.10",
          "val2": "92.00",
          "chgp": "59.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "17.70",
          "val2": "18.60",
          "chgp": "-4.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-1.50",
          "val2": "29.50",
          "chgp": "-105.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "95.30",
          "val2": "216.70",
          "chgp": "-56.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "122.70%",
          "val2": "82.70%",
          "chgp": "4.00%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
268.80
245.50
9.49%
Operating Profit (PBDIT) excl Other Income
46.00
38.20
20.42%
Interest
10.80
7.50
44.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
25.80
29.20
-11.64%
Operating Profit Margin (Excl OI)
144.50%
126.90%
1.76%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is 9.49% vs -8.19% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -11.64% vs 7.75% in Mar 2025

Annual Results Snapshot (Consolidated) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
978.30
782.50
25.02%
Operating Profit (PBDIT) excl Other Income
147.10
92.00
59.89%
Interest
17.70
18.60
-4.84%
Exceptional Items
-1.50
29.50
-105.08%
Consolidate Net Profit
95.30
216.70
-56.02%
Operating Profit Margin (Excl OI)
122.70%
82.70%
4.00%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 25.02% vs 31.96% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is -56.02% vs 2,034.82% in Mar 2024

stock-summaryCompany CV
About MakeMyTrip Ltd. stock-summary
stock-summary
MakeMyTrip Ltd.
Computers - Software & Consulting
MakeMyTrip Limited is an online travel company in India. The Company's services and products include air ticketing, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as facilitating access to third-party travel insurance and visa processing. Its segments include Air ticketing, which provides the facility to book international and domestic air tickets through an Internet-based platform; Hotels and packages, which provides holiday packages and hotel reservations through an Internet-based platform, call-centers and branch offices, and Others, which include advertisement income from hosting advertisements on its Internet Web-sites, income from sale of rail and bus tickets and income from facilitating Website access to a travel insurance company. Through the Company's Website, www.makemytrip.com, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas.
Company Coordinates stock-summary
Company Details
19Th Floor, Building No.5,, Dlf Cyber City, GURGAON None : 122002
stock-summary
Tel: 91 124 43950001 917 7692027
stock-summary
Registrar Details