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Consumer Cyclical - Travel Services - NASDAQ - IN
$ 95.69
1.67 %
$ 12.4 B
Market Cap
115.29
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MMYT stock under the worst case scenario is HIDDEN Compared to the current market price of 95.7 USD, MakeMyTrip Limited is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MMYT stock under the base case scenario is HIDDEN Compared to the current market price of 95.7 USD, MakeMyTrip Limited is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MMYT stock under the best case scenario is HIDDEN Compared to the current market price of 95.7 USD, MakeMyTrip Limited is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MMYT

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$120.0$120.0$115.0$115.0$110.0$110.0$105.0$105.0$100.0$100.0$95.0$95.0$90.0$90.0$85.0$85.0$80.0$80.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
978 M REVENUE
25.02%
120 M OPERATING INCOME
83.84%
95.3 M NET INCOME
-56.05%
185 M OPERATING CASH FLOW
47.36%
26.4 M INVESTING CASH FLOW
134.98%
-22.9 M FINANCING CASH FLOW
-267.08%
245 M REVENUE
-8.19%
31.2 M OPERATING INCOME
-9.96%
29.2 M NET INCOME
7.87%
87.8 M OPERATING CASH FLOW
934.95%
53.7 M INVESTING CASH FLOW
3335.34%
-23.8 M FINANCING CASH FLOW
-494.28%
Balance Sheet MakeMyTrip Limited
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Current Assets 1.07 B
Cash & Short-Term Investments 761 M
Receivables 151 M
Other Current Assets 153 M
Non-Current Assets 763 M
Long-Term Investments 5.02 M
PP&E 26.5 M
Other Non-Current Assets 732 M
41.63 %8.25 %8.38 %40.01 %Total Assets$1.8b
Current Liabilities 577 M
Accounts Payable 91.2 M
Short-Term Debt 223 M
Other Current Liabilities 263 M
Non-Current Liabilities 43.7 M
Long-Term Debt 13.9 M
Other Non-Current Liabilities 29.8 M
14.71 %35.90 %42.35 %4.80 %Total Liabilities$620.3m
EFFICIENCY
Earnings Waterfall MakeMyTrip Limited
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Revenue 978 M
Cost Of Revenue 274 M
Gross Profit 704 M
Operating Expenses 584 M
Operating Income 120 M
Other Expenses 24.6 M
Net Income 95.3 M
1b1b900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00978m(274m)704m(584m)120m(25m)95mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
71.96% GROSS MARGIN
71.96%
12.25% OPERATING MARGIN
12.25%
9.72% NET MARGIN
9.72%
7.91% ROE
7.91%
5.20% ROA
5.20%
6.69% ROIC
6.69%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MakeMyTrip Limited
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200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 95.3 M
Depreciation & Amortization 27.1 M
Capital Expenditures -11.8 M
Stock-Based Compensation 36 M
Change in Working Capital 6.4 M
Others 58.8 M
Free Cash Flow 174 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MakeMyTrip Limited
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Wall Street analysts predict an average 1-year price target for MMYT of $110 , with forecasts ranging from a low of $100 to a high of $119 .
MMYT Lowest Price Target Wall Street Target
100 USD 4.50%
MMYT Average Price Target Wall Street Target
110 USD 15.30%
MMYT Highest Price Target Wall Street Target
119 USD 24.36%
Price
Max Price Target
Min Price Target
Average Price Target
1251251201201151151101101051051001009595909085858080Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 6
6. Ownership
Insider Ownership MakeMyTrip Limited
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MakeMyTrip (MMYT) Beats Stock Market Upswing: What Investors Need to Know In the latest trading session, MakeMyTrip (MMYT) closed at $95.69, marking a +1.67% move from the previous day. zacks.com - 3 days ago
Why MakeMyTrip (MMYT) Outpaced the Stock Market Today MakeMyTrip (MMYT) concluded the recent trading session at $99.82, signifying a +1.86% move from its prior day's close. zacks.com - 1 week ago
MakeMyTrip Announces Closing of Primary Offering of Ordinary Shares and Full Exercise of Option to Purchase Additional Ordinary Shares NEW YORK & GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #Goibibo--MakeMyTrip announces closing of primary offering of ordinary shares and full exercise of option to purchase additional ordinary shares. businesswire.com - 1 week ago
MakeMyTrip Announces Closing of Offering of US$1.25 billion 0.00% Convertible Senior Notes Due 2030 and Full Exercise of Option to Purchase Additional Notes NEW YORK & GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #Goibibo--MakeMyTrip announces closing of offering of US$1.25 billion 0.00% convertible senior notes due 2030. businesswire.com - 1 week ago
Here's Why MakeMyTrip (MMYT) Fell More Than Broader Market In the closing of the recent trading day, MakeMyTrip (MMYT) stood at $91.65, denoting a -2.94% move from the preceding trading day. zacks.com - 2 weeks ago
MakeMyTrip Announces Pricing of Offering of US$1.25 billion 0.00% Convertible Senior Notes Due 2030 NEW YORK & GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #ConvertibleSeniorNotes--MakeMyTrip Announces Pricing of Offering of US$1.25 billion 0.00% Convertible Senior Notes Due 2030. businesswire.com - 2 weeks ago
MakeMyTrip Announces Upsize and Pricing of Primary Offering of Ordinary Shares NEW YORK & GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #Equity--MakeMyTrip Announces Upsize and Pricing of Primary Offering of Ordinary Shares. businesswire.com - 2 weeks ago
Redwire, MakeMyTrip And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session U.S. stock futures were lower this morning, with the Dow futures falling more than 200 points on Tuesday. benzinga.com - 2 weeks ago
MakeMyTrip Announces Proposed Primary Offering of Ordinary Shares NEW YORK & GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #Goibibo--MakeMyTrip Announces Proposed Primary Offering of Ordinary Shares. businesswire.com - 2 weeks ago
MakeMyTrip Announces Proposed Offering of Convertible Senior Notes NEW YORK & GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #ConvertibleSeniorNotes--MakeMyTrip Announces Proposed Offering of Convertible Senior Notes. businesswire.com - 2 weeks ago
Trip.com Group Announces Updates on Its Investments in MakeMyTrip SINGAPORE , June 16, 2025 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that the Company has entered into a share repurchase agreement with MakeMyTrip Limited, an investee of the Company, to sell a portion of the Class B ordinary shares that the Company holds to MakeMyTrip for cancellation. This is part of the Company's efforts to optimize its investment portfolio and enhance shareholder returns. prnewswire.com - 2 weeks ago
MakeMyTrip (MMYT) Laps the Stock Market: Here's Why In the most recent trading session, MakeMyTrip (MMYT) closed at $100.42, indicating a +1.67% shift from the previous trading day. zacks.com - 3 weeks ago
8. Profile Summary

MakeMyTrip Limited MMYT

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COUNTRY IN
INDUSTRY Travel Services
MARKET CAP $ 12.4 B
Dividend Yield 0.00%
Description MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2022, it had approximately 125 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.
Contact Building No. 5, Gurugram, 122002 https://www.makemytrip.com
IPO Date Aug. 12, 2010
Employees 4576
Officers Mr. Deep Kalra Founder, Group Chairman & Chief Mentor Mr. Rajesh Magow Co-Founder, Group Chief Executive Officer & Director Mr. Saujanya Shrivastava Chief Business Officer and Chief Operating Officer of Flights, Holidays & Gulf Cooperation Council (GCC) Mr. Parikshit Choudhury Chief Business Officer of Alternate Accommodation & Customer Contact Group Mr. Mohit Kabra Group Chief Financial Officer Mr. Vipul Garg Vice President of Investor Relations Mr. Sanjay Mohan Group Chief Technology Officer Mr. Ravi Prakash Tyagi Vice President of Administration Mr. Raj Rishi Singh Chief Marketing Officer & Chief Business Officer of Corporate Mr. Yuvaraj Srivastava Group Chief Human Resource Officer