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Consumer Cyclical - Travel Services - NASDAQ - IN
$ 91.04
4.5 %
$ 9.99 B
Market Cap
47.66
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMYT stock under the worst case scenario is HIDDEN Compared to the current market price of 91 USD, MakeMyTrip Limited is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMYT stock under the base case scenario is HIDDEN Compared to the current market price of 91 USD, MakeMyTrip Limited is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMYT stock under the best case scenario is HIDDEN Compared to the current market price of 91 USD, MakeMyTrip Limited is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MMYT

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$125.0$125.0$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 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
783 M REVENUE
31.95%
65.2 M OPERATING INCOME
88.55%
217 M NET INCOME
2041.27%
126 M OPERATING CASH FLOW
292.14%
-75.6 M INVESTING CASH FLOW
-161.60%
-6.24 M FINANCING CASH FLOW
-0.47%
267 M REVENUE
26.72%
34.7 M OPERATING INCOME
33.57%
27.1 M NET INCOME
50.89%
-10.5 M OPERATING CASH FLOW
-29.52%
1.56 M INVESTING CASH FLOW
-91.15%
4.82 M FINANCING CASH FLOW
781.54%
Balance Sheet MakeMyTrip Limited
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Current Assets 857 M
Cash & Short-Term Investments 607 M
Receivables 97.2 M
Other Current Assets 153 M
Non-Current Assets 803 M
Long-Term Investments 12 M
PP&E 25.9 M
Other Non-Current Assets 765 M
36.55 %5.85 %9.24 %46.07 %Total Assets$1.7b
Current Liabilities 298 M
Accounts Payable 67.1 M
Short-Term Debt 4.81 M
Other Current Liabilities 226 M
Non-Current Liabilities 246 M
Long-Term Debt 217 M
Other Non-Current Liabilities 29.3 M
12.33 %41.52 %39.88 %5.38 %Total Liabilities$543.7m
EFFICIENCY
Earnings Waterfall MakeMyTrip Limited
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Revenue 783 M
Cost Of Revenue 363 M
Gross Profit 420 M
Operating Expenses 355 M
Operating Income 65.2 M
Other Expenses -152 M
Net Income 217 M
800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00783m(363m)420m(355m)65m152m217mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
53.65% GROSS MARGIN
53.65%
8.33% OPERATING MARGIN
8.33%
27.71% NET MARGIN
27.71%
20.08% ROE
20.08%
13.06% ROA
13.06%
11.12% ROIC
11.12%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MakeMyTrip Limited
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150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 217 M
Depreciation & Amortization 27.2 M
Capital Expenditures -5.9 M
Stock-Based Compensation 37 M
Change in Working Capital -4.92 M
Others -48.7 M
Free Cash Flow 113 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 $105 , with forecasts ranging from a low of $88 to a high of $119 .
MMYT Lowest Price Target Wall Street Target
88 USD -3.34%
MMYT Average Price Target Wall Street Target
105 USD 15.06%
MMYT Highest Price Target Wall Street Target
119 USD 30.71%
Price
Max Price Target
Min Price Target
Average Price Target
1301301201201101101001009090808070706060May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '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
Why MakeMyTrip (MMYT) Dipped More Than Broader Market Today The latest trading day saw MakeMyTrip (MMYT) settling at $105.92, representing a -0.66% change from its previous close. zacks.com - 3 weeks ago
Is It Worth Investing in MakeMyTrip (MMYT) Based on Wall Street's Bullish Views? The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. zacks.com - 3 weeks ago
Is the Options Market Predicting a Spike in MakeMyTrip (MMYT) Stock? Investors need to pay close attention to MakeMyTrip (MMYT) stock based on the movements in the options market lately. zacks.com - 1 month ago
Is MakeMyTrip (MMYT) a Buy as Wall Street Analysts Look Optimistic? The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. zacks.com - 2 months ago
MakeMyTrip: Long-Term Double-Digit Growth Is Worth The Premium Price MakeMyTrip stock has surged 127.23% in a year, driven by record-breaking growth and favorable macro trends, with FY 2025 showing promising results. Despite a premium valuation, a TTM PEG of 0.18 suggests MMYT may be undervalued, with significant growth prospects in India's booming travel industry. The company has delivered positive earnings for nine consecutive quarters, with major revenue from its hotels and packaging segment, and international expansion opportunities. seekingalpha.com - 2 months ago
MakeMyTrip Ltd: Still Well Positioned To Grow I reiterate my buy rating for MakeMyTrip Ltd. due to its strong market leadership, scale, and product innovation driving growth and profitability. MMYT's 3Q25 results showed a 25% y/y revenue increase and a 38% y/y rise in adj EBIT, reinforcing its favorable growth outlook. MMYT's strategic investments in tier 2 and 3 cities and product innovations like GenAI and part-payment options enhance its competitive position and customer retention. seekingalpha.com - 2 months ago
MakeMyTrip Limited (MMYT) Q3 2025 Earnings Call Transcript MakeMyTrip Limited (NASDAQ:MMYT ) Q3 2025 Earnings Call January 23, 2024 7:30 AM ET Company Participants Vipul Garg - VP, IR Rajesh Magow - Co-Founder & Group CEO Mohit Kabra - Group CFO Conference Call Participants Sachin Salgaonkar - Bank of America Manish Adukia - Goldman Sachs Vijit Jain - Citigroup Ankur Rudra - J.P. Morgan Gaurav Rateria - Morgan Stanley Vipul Garg Good evening everyone. seekingalpha.com - 2 months ago
MakeMyTrip (MMYT) Q3 Earnings Miss Estimates MakeMyTrip (MMYT) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.35 per share a year ago. zacks.com - 2 months ago
MakeMyTrip (MMYT) Increases Despite Market Slip: Here's What You Need to Know In the latest trading session, MakeMyTrip (MMYT) closed at $105.29, marking a +0.18% move from the previous day. zacks.com - 3 months ago
MakeMyTrip (MMYT) Reports Next Week: Wall Street Expects Earnings Growth MakeMyTrip (MMYT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 months ago
4 Stocks to Watch From a Thriving Internet Delivery Services Industry The Zacks Internet - Delivery Services industry participants like GDDY, MMYT, QNST and ASUR are poised to benefit from increasing smartphone and internet penetration. zacks.com - 3 months ago
MakeMyTrip Limited to report Fiscal 2025 Third Quarter Financial & Operating Results on January 23, 2025 GURUGRAM, India & NEW YORK,--(BUSINESS WIRE)---- $MMYT #FinancialResults--MakeMyTrip Limited plans to report its fiscal 2025 third quarter financial and operating results before markets open on Thursday, January 23, 2025. businesswire.com - 3 months ago
8. Profile Summary

MakeMyTrip Limited MMYT

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COUNTRY IN
INDUSTRY Travel Services
MARKET CAP $ 9.99 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. Yuvaraj Srivastava Group Chief Human Resource Officer Mr. Parikshit Choudhury Chief Business Officer of Alternate Accommodation & Customer Contact Group Mr. Mohit Kabra Group Chief Financial Officer Mr. Sanjay Mohan Group Chief Technology Officer Mr. Saujanya Shrivastava Chief Business Officer and Chief Operating Officer of Flights, Holidays & Gulf Cooperation Council (GCC) Mr. Rajesh Magow Co-Founder, Group Chief Executive Officer & Director Mr. Ravi Prakash Tyagi Vice President of Administration Mr. Deep Kalra Founder, Group Chairman & Chief Mentor Mr. Vipul Garg Vice President of Investor Relations Mr. Raj Rishi Singh Chief Marketing Officer & Chief Business Officer of Corporate