MakeMyTrip Ltd.

Is MakeMyTrip Ltd. technically bullish or bearish?

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.

Is MakeMyTrip Ltd. overvalued or undervalued?

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.

How big is MakeMyTrip Ltd.?

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.

What does MakeMyTrip Ltd. do?

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/

Who are in the management team of MakeMyTrip Ltd.?

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.

Should I buy, sell or hold MakeMyTrip Ltd.?