MMYT
MakeMyTrip Limited NASDAQ Listed Aug 12, 2010$46.72
+2.79%
vs $45.45
Mkt Cap $5.4B
52w Low $36.30
15.6% of range
52w High $103.21
50d MA $45.30
200d MA $66.03
P/E (TTM)
56.3x
EV/EBITDA
28.7x
P/B
4.3x
Debt/Equity
0.2x
ROE
—
P/FCF
30.8x
RSI (14)
49.90
ATR (14)
$2.75
Beta
0.83
50d MA
$45.30
200d MA
$66.03
Avg Volume
1.1M
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.
Building No. 5 · Gurugram, K7 122002 · IN
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 21, 2026 | BMO | 0.39 | 0.45 | +15.4% | 65.54 | +2.6% | +1.2% | -5.7% | +1.8% | -1.5% | -4.0% | — |
| Oct 28, 2025 | BMO | 0.19 | 0.37 | +96.2% | 80.75 | +1.5% | -4.3% | +4.7% | -1.1% | -0.7% | -0.8% | — |
| Jul 22, 2025 | BMO | 0.45 | 0.42 | -6.7% | 100.40 | +1.2% | +1.5% | -0.3% | +1.1% | -1.2% | -2.4% | — |
| May 14, 2025 | BMO | 0.20 | 0.42 | +109.1% | 105.09 | +0.0% | +0.1% | +0.3% | -0.6% | -1.0% | -3.0% | — |
| Jan 23, 2025 | BMO | 0.43 | 0.39 | -9.3% | 109.44 | -0.9% | -0.3% | -4.6% | +2.8% | +1.7% | +2.5% | — |
| Oct 23, 2024 | BMO | 0.17 | 0.36 | +116.6% | 99.15 | +1.0% | +4.9% | -1.2% | -0.4% | +0.7% | -1.9% | — |
| Jul 23, 2024 | BMO | 0.20 | 0.39 | +95.0% | 96.91 | -1.4% | -6.2% | -1.5% | +3.0% | +0.0% | +1.2% | — |
| May 15, 2024 | BMO | 0.15 | 0.38 | +157.1% | 85.37 | +0.4% | -0.7% | +2.1% | +3.7% | -8.9% | -4.4% | — |
| Jan 23, 2024 | BMO | 0.30 | 0.35 | +16.7% | 49.90 | +1.9% | -4.0% | +0.3% | +3.1% | +3.2% | +5.8% | — |
| Oct 31, 2023 | BMO | 0.27 | 0.25 | -7.4% | 38.73 | +1.7% | -1.9% | +2.1% | +2.2% | +3.3% | -2.6% | — |
| Aug 1, 2023 | BMO | 0.12 | 0.30 | +150.0% | 31.60 | +0.9% | +4.1% | +5.5% | -2.9% | +0.8% | +1.8% | — |
| May 16, 2023 | BMO | 0.10 | 0.21 | +110.0% | 25.81 | +0.9% | +1.9% | -1.4% | +0.5% | +2.0% | -1.6% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 13 | Citigroup | Maintains | Buy → Buy | — | $40.85 | $40.16 | -1.7% | +5.5% | +3.6% | +5.1% | +2.0% | +6.6% |
| Jan 21 | Citigroup | Maintains | Buy → Buy | — | $74.59 | $74.87 | +0.4% | -12.1% | +1.2% | -5.7% | +1.8% | -1.5% |
| Dec 24 | BofA Securities | Maintains | Buy → Buy | — | $85.51 | $84.56 | -1.1% | -0.9% | -1.7% | -1.0% | -0.3% | -0.1% |
| Jul 23 | Citigroup | Maintains | Buy → Buy | — | $100.40 | $101.57 | +1.2% | +1.5% | -0.3% | +1.1% | -1.2% | -2.4% |
| Jun 24 | Macquarie | Upgrade | Neutral → Outperform | — | $91.51 | $95.10 | +3.9% | +4.9% | -0.9% | +3.1% | +1.9% | -1.8% |
| May 15 | Citigroup | Maintains | Buy → Buy | — | $105.09 | $105.09 | +0.0% | +0.1% | +0.3% | -0.6% | -1.0% | -3.0% |
| Dec 27 | BofA Securities | Maintains | Buy → Buy | — | $116.21 | $115.96 | -0.2% | -1.4% | -0.5% | -1.5% | +3.5% | +0.8% |
| Oct 24 | BofA Securities | Maintains | Buy → Buy | — | $99.15 | $100.13 | +1.0% | +4.9% | -1.2% | -0.4% | +0.7% | -1.9% |
| Aug 27 | BofA Securities | Maintains | Buy → Buy | — | $97.23 | $97.07 | -0.2% | +0.8% | -1.7% | +0.7% | -0.8% | -7.9% |
| Jul 24 | BofA Securities | Maintains | Buy → Buy | — | $96.91 | $95.51 | -1.4% | -6.2% | -1.5% | +3.0% | +0.0% | +1.2% |
| Jul 24 | Citigroup | Maintains | Buy → Buy | — | $96.91 | $95.51 | -1.4% | -6.2% | -1.5% | +3.0% | +0.0% | +1.2% |
| Jul 8 | BofA Securities | Maintains | Buy → Buy | — | $85.95 | $86.15 | +0.2% | +0.8% | +4.7% | -1.4% | -3.2% | +4.2% |
| Feb 21 | Macquarie | Downgrade | Outperform → Neutral | — | $58.14 | $56.60 | -2.6% | -1.3% | +2.0% | -3.0% | +2.0% | -0.7% |
| Aug 2 | Citigroup | Maintains | Buy → Buy | — | $31.60 | $31.90 | +0.9% | +4.1% | +5.5% | -2.9% | +0.8% | +1.8% |
| Jul 13 | Citigroup | Maintains | Buy → Buy | — | $29.30 | $29.50 | +0.7% | +0.0% | +1.0% | -0.5% | -0.2% | -1.1% |
| Dec 8 | Morgan Stanley | Upgrade | Equal Weight → Overweight | — | $28.08 | $29.75 | +5.9% | +4.6% | -2.7% | +1.2% | -0.1% | -0.3% |
| Aug 30 | BofA Securities | Upgrade | Neutral → Buy | — | $32.68 | $33.75 | +3.3% | +2.2% | -0.1% | -1.3% | +2.0% | -3.3% |
| May 26 | Citigroup | Maintains | Buy → Buy | — | $25.93 | $26.63 | +2.7% | +10.3% | +2.2% | -5.4% | -2.6% | +0.3% |
| Nov 4 | BofA Securities | Upgrade | Underperform → Buy | — | $23.28 | $23.36 | +0.3% | +15.0% | +2.5% | +1.9% | -4.6% | -0.8% |
| Apr 30 | BofA Securities | Downgrade | Buy → Underperform | — | $28.91 | $27.00 | -6.6% | -12.8% | +2.9% | -0.9% | +1.3% | -2.4% |
| Oct 26 | Goldman Sachs | Upgrade | Neutral → Buy | — | $23.42 | $23.19 | -1.0% | -0.2% | -5.6% | +3.4% | +8.7% | +7.2% |
| Sep 11 | BofA Securities | Maintains | Buy → Buy | — | $29.05 | $29.00 | -0.2% | -0.2% | -1.2% | -1.4% | +0.9% | -4.7% |
| Aug 15 | Jefferies | Upgrade | Hold → Buy | — | $29.10 | $28.95 | -0.5% | +8.2% | +0.0% | -4.9% | -0.2% | +0.8% |
| Jul 9 | BofA Securities | Maintains | Buy → Buy | — | $35.60 | $35.65 | +0.1% | -7.6% | +1.8% | +2.1% | +2.2% | +0.0% |
| Jun 12 | Goldman Sachs | Downgrade | Buy → Neutral | — | $41.05 | $39.05 | -4.9% | -2.2% | -1.0% | -1.1% | -4.8% | +4.1% |
| May 14 | Nomura | Upgrade | Reduce → Neutral | — | $35.15 | $35.30 | +0.4% | -1.3% | -1.7% | +0.0% | -2.9% | +5.4% |
| Feb 23 | Nomura | Downgrade | Neutral → Sell | — | $32.80 | $32.95 | +0.5% | -2.4% | -0.6% | +2.8% | -0.2% | +0.3% |
| Feb 21 | Nomura | Downgrade | Neutral → Reduce | — | $33.80 | $33.45 | -1.0% | -3.7% | +0.8% | -2.4% | -0.6% | +2.8% |
| Jul 29 | Jefferies | Maintains | Buy → Buy | — | $17.21 | $17.23 | +0.1% | +9.4% | -0.7% | -1.4% | +1.2% | +0.8% |
| Jun 3 | Nomura | Upgrade | Reduce → Neutral | — | $14.49 | $14.92 | +3.0% | -2.3% | +4.0% | +3.7% | +0.2% | -0.2% |
| Oct 30 | Deutsche Bank | Downgrade | Buy → Hold | — | $16.44 | $15.45 | -6.0% | -2.9% | -1.3% | +2.7% | -7.4% | -0.7% |
| Jan 30 | Jefferies | Maintains | Buy → Buy | — | $24.30 | $23.96 | -1.4% | +2.2% | +0.1% | +3.0% | -3.2% | -1.2% |
| Jan 29 | Deutsche Bank | Maintains | Buy → Buy | — | $26.88 | $25.96 | -3.4% | -9.6% | +2.2% | +0.1% | +3.0% | -3.2% |
| Oct 31 | Oppenheimer | Maintains | Outperform → Outperform | — | $28.63 | $29.00 | +1.3% | +5.3% | -2.4% | -2.3% | -2.1% | +1.5% |
| Oct 30 | Deutsche Bank | Upgrade | Hold → Buy | — | $28.09 | $29.00 | +3.2% | +1.9% | +5.3% | -2.4% | -2.3% | -2.1% |
| Jul 31 | Deutsche Bank | Maintains | Hold → Hold | — | $30.14 | $30.32 | +0.6% | +0.4% | -1.0% | +0.1% | +0.9% | -2.4% |
| May 22 | Deutsche Bank | Maintains | Hold → Hold | — | $25.09 | $25.39 | +1.2% | +2.4% | +5.2% | -3.8% | -0.2% | +1.0% |
| Mar 19 | Oppenheimer | Upgrade | Market Perform → Outperform | — | $24.13 | $26.00 | +7.7% | +6.0% | +1.6% | -1.5% | +0.7% | -7.2% |
| Feb 4 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $26.86 | $27.01 | +0.6% | +5.2% | +0.2% | -1.9% | -0.7% | -1.8% |
| Feb 3 | Oppenheimer | Downgrade | Outperform → Market Perform | — | $27.75 | $26.77 | -3.5% | -3.2% | +5.2% | +0.2% | -1.9% | -0.7% |
| Jan 7 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $19.89 | $19.88 | -0.1% | +3.1% | +9.6% | -2.8% | +0.4% | -2.0% |
| Nov 1 | Deutsche Bank | Maintains | Hold → Hold | — | $15.00 | $15.10 | +0.7% | +2.2% | -0.9% | +0.1% | -0.9% | -0.5% |
| Aug 8 | Pacific Crest | Downgrade | Outperform → Sector Perform | — | $13.80 | $13.70 | -0.7% | -2.0% | +0.1% | -3.0% | +1.5% | +1.9% |
| Aug 8 | Deutsche Bank | Maintains | Hold → Hold | — | $13.80 | $13.70 | -0.7% | -2.0% | +0.1% | -3.0% | +1.5% | +1.9% |
| Nov 7 | Morgan Stanley | Downgrade | Overweight → Equal Weight | — | $12.58 | $11.99 | -4.7% | +7.3% | -7.6% | +5.3% | -0.8% | -0.9% |
| Nov 7 | Deutsche Bank | Maintains | Hold → Hold | — | $12.58 | $11.99 | -4.7% | +7.3% | -7.6% | +5.3% | -0.8% | -0.9% |
| Nov 7 | Oppenheimer | Maintains | Outperform → Outperform | — | $12.58 | $11.99 | -4.7% | +7.3% | -7.6% | +5.3% | -0.8% | -0.9% |
| Sep 21 | Deutsche Bank | Downgrade | Buy → Hold | — | $17.16 | $16.82 | -2.0% | -2.9% | +8.0% | +0.2% | -5.7% | +0.9% |
| Aug 7 | Oppenheimer | Maintains | Outperform → Outperform | — | $17.10 | $17.07 | -0.2% | +1.8% | +0.9% | -2.6% | +0.9% | -0.6% |
| Aug 7 | Morgan Stanley | Maintains | Overweight → Overweight | — | $17.10 | $17.07 | -0.2% | +1.8% | +0.9% | -2.6% | +0.9% | -0.6% |
No insider trades available.
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 5,940,684 | $488M | Reduced | Dec 2025 |
| 2 | Schroder Investment Management Group | 6,298,409 | $235M | Reduced | Mar 2026 |
| 3 | Jpmorgan Chase & Co | 4,775,192 | $174M | Added | Mar 2026 |
| 4 | Royal Bank Of Canada | 3,498,642 | $130M | Added | Mar 2026 |
| 5 | Artisan Partners Limited Partnership | 3,090,778 | $115M | Added | Mar 2026 |
| 6 | Franklin Resources Inc | 2,522,730 | $94M | Added | Mar 2026 |
| 7 | Wasatch Advisors Lp | 2,339,741 | $87M | Added | Mar 2026 |
| 8 | Amansa Capital Pte. Ltd. | 2,227,189 | $83M | Added | Mar 2026 |
| 9 | Jennison Associates Llc | 814,722 | $67M | Reduced | Dec 2025 |
| 10 | Temasek Holdings (Private) Ltd | 1,701,456 | $63M | New | Mar 2026 |
| 11 | Fmr Llc | 1,679,010 | $63M | Reduced | Mar 2026 |
| 12 | Pictet Asset Management Holding Sa | 704,453 | $58M | Added | Dec 2025 |
| 13 | Coronation Fund Managers Ltd. | 1,532,202 | $57M | Added | Mar 2026 |
| 14 | Allspring Global Investments Holdings, Llc | 1,365,505 | $52M | Added | Mar 2026 |
| 15 | Comgest Global Investors S.a.s. | 484,093 | $40M | Added | Dec 2025 |
| 16 | Man Group Plc | 939,828 | $35M | Reduced | Mar 2026 |
| 17 | Ubs Group Ag | 925,978 | $35M | Reduced | Mar 2026 |
| 18 | Sei Investments Co | 652,971 | $24M | Added | Mar 2026 |
| 19 | Amundi | 640,932 | $24M | New | Mar 2026 |
| 20 | Breakout Capital Partners, Lp | 591,143 | $22M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$5.35B
Enterprise Value
$4.59B
P/E (TTM)
56.29x
Forward P/E
46.33x
PEG Ratio
-2.04x
P/B
4.35x
P/S
5.47x
P/FCF
30.84x
EV/EBITDA
28.72x
Shares Out
114.5M
Financials (TTM)
Revenue
$978.3M
Net Income
$95.1M
EBITDA
$159.9M
Free Cash Flow
$173.5M
Op Cash Flow
$185.3M
EPS Basic
$0.84
EPS Diluted
$0.83
EPS Forward
$1.01
Gross Margin
72.0%
Op Margin
12.2%
Net Margin
9.7%
Balance Sheet
Total Assets
$1.83B
Total Liab.
$620.3M
Total Equity
$1.21B
Cash
$761.2M
LT Debt
$3.1M
Book Value/Sh
$10.73
Debt/Equity
0.20x
Current Ratio
1.85
Quick Ratio
1.85
Returns & Growth
ROE
—
ROA
—
ROIC
6.7%
Rev Growth YoY
+25.0%
EPS Growth YoY
-56.9%
Price Returns
2W
+8.1%
1M
-1.0%
3M
-17.2%
6M
-34.5%
12M
-54.0%
Technicals
52W High
$103.21
52W Low
$36.30
50d MA
$45.30
200d MA
$66.03
RSI (14)
49.90
ATR (14)
$2.75
Beta
0.83
Avg Volume
1.1M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$91.00
High
$119.00
Low
$42.00
Median
$112.00
Data updated apr 26, 2026 12:44pm
· Source: financialmodelingprep.com