M

    MakeMyTrip Limited (MMYT)

    Official site

    CONSUMER CYCLICAL • TRAVEL SERVICES • NASDAQ

    $58.26
    -0.76 (-1.29%)

    Market Cap: $5.55B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    68%(27/40)
    Avg Surprise
    +17.05%
    Streak
    1 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.47
    Range$0.45 - $0.50
    2 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate Drift
    90d ago$0.40-14.6%
    60d ago$0.43-8.9%
    30d ago$0.43-8.9%
    7d ago$0.43-8.9%
    Current$0.47
    Revenue Consensus
    $268M
    Range$248M - $294M
    3 analysts
    Dec 31, 2026
    EPS Consensus$0.55
    Range$0.51 - $0.60
    2 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate Drift
    90d ago$0.55-1.6%
    60d ago$0.55-1.5%
    30d ago$0.55-1.5%
    7d ago$0.55-1.5%
    Current$0.55
    Revenue Consensus
    $332M
    Range$322M - $352M
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Mar 27EST
    		-$0.54---
    Dec 26EST
    		-$0.55---
    Sep 26EST
    		-$0.47---
    Jun 26
    		$0.48$0.20+140.00%Beat+14.3%
    Mar 26
    		$0.32$0.41-21.95%Miss+26.0%
    Dec 25
    		$0.52$0.42+23.81%Beat+33.3%
    Sep 25
    		$0.37$0.42-11.90%Miss+2.8%
    Jun 25
    		$0.42$0.42+0.00%Beat+7.7%
    Mar 25
    		$0.25$0.24+7.09%Beat-33.2%
    Dec 24
    		$0.39$0.42-7.14%Miss+11.4%
    Sep 24
    		$0.36$0.34+5.88%Beat+1700.0%
    Jun 24
    		$0.39$0.36+8.33%Beat+30.0%
    Mar 24
    		$0.38$0.20+90.00%Beat+81.0%
    Dec 23
    		$0.35$0.33+6.06%Beat+150.0%
    Sep 23
    		$0.02N/A-71.43%Miss-71.4%
    Jun 23
    		$0.30$0.18+66.67%Beat+500.0%
    Mar 23
    		$0.21$0.16+31.25%Beat+625.0%
    Dec 22
    		$0.14$0.11+27.27%Beat+275.0%
    Sep 22
    		$0.07$0.12-41.67%Miss+200.0%
    Jun 22
    		$0.05$0.03+66.67%Beat+122.7%
    Mar 22
    		$-0.04N/A+71.43%Beat-33.3%
    Dec 21
    		$-0.08$0.08-200.00%Miss-214.3%
    Sep 21
    		$-0.07$-0.08+12.50%Beat+0.0%
    Jun 21
    		$-0.22$-0.22+0.00%Beat-10.0%
    Mar 21
    		$-0.03N/A+75.00%Beat+91.2%
    Dec 20
    		$0.07$-0.06+216.67%Beat+146.7%
    Sep 20
    		$-0.07N/A+58.82%Beat+68.2%
    Jun 20
    		$-0.20$-0.26+23.08%Beat+25.9%
    Mar 20
    		$-0.34$-0.30-13.33%Miss-17.2%
    Dec 19
    		$-0.15$-0.21+28.57%Beat-7.1%
    Sep 19
    		$-0.22$-0.22+0.00%Beat+29.0%
    Jun 19
    		$-0.27$-0.20-35.00%Miss+27.0%
    Mar 19
    		$-0.29$-0.44+34.09%Beat+27.5%
    Dec 18
    		$-0.14$-0.18+22.22%Beat+53.3%
    Sep 18
    		$-0.31$-0.26-19.23%Miss+31.1%
    Jun 18
    		$-0.37$-0.30-23.33%Miss+30.2%
    Mar 18
    		$-0.40$-0.39-2.56%Miss+4.8%
    Dec 17
    		$-0.30$-0.44+31.82%Beat-150.0%
    Sep 17
    		$-0.45$-0.44-2.27%Miss+26.2%
    Jun 17
    		$-0.53$-0.44-20.45%Miss-
    Mar 17
    		$-0.42$-0.60+30.00%Beat-
    Dec 16
    		$-0.12N/A+75.00%Beat-
    Sep 16
    		$-0.61$-0.61+0.00%Beat-

    Key Metrics

    Valuation
    P/E Ratio34.47EV/EBITDA30.55x
    Price/FCF2129.42xFCF Yield0.05%
    Profitability
    Profit Margin3.23%Operating Margin15.30%
    ROE28.70%ROIC11.09%
    Financial Health
    Debt/Equity-4.20xInterest Coverage1.44x
    Current Ratio3.13xQuick Ratio3.13x
    Trading Statistics
    Beta1.00Avg Volume552.17K
    52-Week High$103.2352-Week Low$32.67

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$59.73
    SMA 20$60.27
    SMA 50$56.88
    SMA 200$57.42
    EMA 10$59.37
    EMA 20$59.14
    EMA 50$56.51
    EMA 200$59.99

    MACD

    Line: 0.74Signal: 1.28Hist: -0.55

    ADX

    ADX: 27.5+DI: 24.0-DI: 19.8

    Aroon & PSAR

    Aroon Up20.0
    Aroon DownN/A
    PSAR$64.32

    Bollinger Bands

    Upper Band$62.56
    Lower Band$57.97
    %B Position762%(Upper)
    Band Width0.06

    RSI (14-Day)

    Neutral
    48.7

    Momentum Oscillators

    Stoch %K14.5
    Stoch %D15.7
    Williams %R-85.2
    ROC (10d)-2.4%
    Momentum-1.44
    CCI (20d)-158.6
    MFI (14d)34.7

    Volatility Measures

    ATR (14d)$2.33(4.0%)
    StdDev (20d)1.15
    Hist Vol24.9%(Moderate)

    Volume Flow

    VWAP$58.44
    OBV-7.0M
    AD Line-6.8M
    CMF (20d)-0.189

    Volume Metrics

    Avg Vol (20d)504.8K
    Vol Ratio0.6x
    VWMA (20d)$60.64

    Pivot Points

    R3$61.12
    R2$60.33
    R1$59.67
    Pivot Point$58.88
    S1$58.22
    S2$57.43
    S3$56.77

    Advanced Oscillators

    TSI9.79
    Ultimate Osc37.2
    KST58.19

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$285.58M$250.12M$295.69M$229.34M$268.85M$245.46M$267.36M$210.99M$254.52M$202.89M$214.22M$168.69M
    Cost of Revenue$82.67M$104.36M$87.86M$51.51M$74.89M$62.11M$77.38M$49.77M$85.09M$52.85M$62.37M$40.27M
    Gross Profit$202.90M$145.76M$207.82M$177.83M$193.96M$183.35M$189.98M$161.22M$169.43M$150.04M$151.85M$128.42M
    Operating Expenses$159.20M$105.66M$166.94M$143.39M$153.60M$152.12M$155.30M$135.11M$141.57M$133.31M$129.20M$121.70M
    R&D$0$0$0$0$0$0$0$0$0$6.66M$6.66M$0
    SG&A$87.63M$150.85M$40.14M$40.44M$40.22M$53.54M$39.74M$39.38M$38.20M$54.97M$35.51M$35.00M
    Operating Income$43.71M$40.10M$40.89M$34.44M$40.36M$31.23M$34.69M$26.11M$27.86M$16.72M$22.64M$6.71M
    Interest Income$6.73M$6.53M$6.83M$7.25M$6.79M$7.16M$6.63M$7.28M$7.21M$6.68M$7.71M$5.46M
    Interest Expense$35.01M$16.59M$34.54M$43.11M$10.77M$7.48M$11.44M$7.77M$5.54M$32.91M$6.23M$9.94M
    Income Before Tax$15.44M$30.28M$13.15M$-1,447,000$36.38M$30.96M$29.86M$25.55M$29.52M$48.00M$24.17M$2.18M
    Income Tax Expense$6.33M$5.96M$5.87M$4.29M$10.57M$1.74M$2.80M$7.61M$8.47M$-123,930,000$-48,000$184,000
    Net Income$8.35M$24.25M$7.25M$-5,615,000$25.92M$29.20M$27.02M$17.85M$21.03M$172.01M$24.26M$2.07M
    EBITDA$56.97M$53.60M$54.69M$48.63M$54.32M$30.19M$48.07M$40.02M$41.72M$51.49M$37.13M$18.86M
    EBIT$50.44M$46.87M$47.71M$41.66M$47.15M$23.18M$41.32M$33.32M$35.06M$44.52M$30.40M$12.12M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about MMYT

    News

    Brokers Suggest Investing in MakeMyTrip (MMYT): Read This Before Placing a Bet

    Wall Street analysts have given MakeMyTrip (MMYT) an average brokerage recommendation (ABR) of 1.31, indicating a strong buy. However, the article cautions against relying solely on these recommendations due to potential biases from brokerage firms. Instead, it suggests using the Zacks Rank, which is based on earnings estimate revisions, as a more reliable indicator for stock performance.

    Yahoo Finance Singapore•8/25/26•
    Neutral

    MakeMyTrip, Axis Bank Launch New Travel Benefits Through March 2027

    MakeMyTrip and Axis Bank have partnered to offer travel benefits during India's long weekends and holiday periods through March 2027. The program provides discounts on flights, hotels, holidays, tours, and more for eligible Axis Bank credit card holders. Offers include 10% instant discount on domestic flights, up to 15% on domestic hotels, and an additional 5% on holiday packages.

    https://safariindia.com/•8/24/26•
    Neutral

    Flossbach Von Storch SE Purchases New Shares in MakeMyTrip Limited $MMYT

    Flossbach Von Storch SE has acquired 50,000 new shares in MakeMyTrip Limited (NASDAQ:MMYT) during the second quarter, valued at approximately $2.664 million, as per its latest SEC filing. This makes Flossbach Von Storch SE own about 0.05% of MakeMyTrip's stock. Other institutional investors like Temasek Holdings, Sei Investments Co., Hsbc Holdings PLC, Coronation Fund Managers Ltd., and Bessemer Group Inc. also made significant changes to their holdings in the company.

    MarketBeat•8/20/26•
    Bullish

    Does MakeMyTrip’s Q1 Revenue Growth With Weaker EPS Reshape The Bull Case For MMYT?

    MakeMyTrip Limited (MMYT) reported Q1 2026 results with increased revenue but a significant drop in net income and EPS, raising concerns about profitability despite sales growth. This performance prompts a re-evaluation of the investment narrative, emphasizing cost control and margin recovery as critical short-term catalysts. The company's ongoing share buyback program and future forecasts of revenue and earnings are highlighted, alongside cautious analyst perspectives.

    Sahm•8/17/26•
    Somewhat-Bearish

    GIC discloses 6.7M-share MakeMyTrip (MMYT) stake in Schedule 13G

    GIC Private Limited, a Singapore-based fund manager, has reported a beneficial ownership of 6,719,113 ordinary shares in MakeMyTrip (MMYT), representing 7.43% of the class. This disclosure was made in a Schedule 13G SEC filing. GIC exercises sole voting and dispositive power over a majority of these shares, while sharing power over a portion with the Monetary Authority of Singapore, and explicitly disclaims group membership.

    Stock Titan•8/13/26•
    Neutral

    Frequently Asked Questions About MMYT

    Does MMYT pay dividends?
    MakeMyTrip Limited (MMYT) does not currently pay a regular dividend.
    What is MMYT's P/E ratio?
    MakeMyTrip Limited has a price-to-earnings (P/E) ratio of 34.47.
    What is MMYT's market cap?
    MakeMyTrip Limited (MMYT) has a market capitalization of $5.55B with a current stock price of $58.26.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In