Consumer Cyclical
MakeMyTrip Limited(MMYT)
Live Price
Offline$46.72
+2.79% today
1Y Change
-51.96%
Window
Jun 25, 2025 β Jun 16, 2026
- Market Cap
- $4.57B
- Revenue Growth
- +25.0%
- EPS Growth
- -56.9%
- Dividend Yield
- 0.0%
Coverage: 245 bars Β· Jun 25, 2025 β Jun 16, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
MakeMyTrip Limited (MMYT) is a Consumer Cyclical stock with a market cap of $4.57B and listed on NASDAQ. The stock last traded around $46.72 and down 52.0% across the available one-year price window (Jun 25, 2025 β Jun 16, 2026). Baseline metrics include revenue growth of +25.0%, EPS growth of -56.9%, a dividend yield of 0.0%. What stands out right now is revenue +25.0%, EPS -56.9%, free cash flow +53.7% with operating margin 14.1% and ROIC 7.1%. Valuation already assumes a fairly strong business story at P/E 83.0 and price/sales 4.4. Overall, the current profile looks closer to a higher-growth but lower-margin setup than a generic broad-market placeholder. Stock Foundry combines MMYT price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Consumer Cyclical peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+25.0% vs +7.5% peer median
Operating Margin
Above sector median
+14.1% vs +8.4% peer median
P/E
Above sector median
83.0 vs 18.1 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 13, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at +25.0% and EPS is at -56.9%, with operating margin around 14.1%.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -3.6% over the next 5 trading days and finished higher after 0 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS Ξ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 13, 2026 | β | +0.3% | -0.5% | -3.2% |
2026 Jan 21, 2026 | +15.4% | +1.2% | -8.0% | -14.8% |
2025 Oct 28, 2025 | +96.2% | -4.3% | -2.4% | -9.8% |
Benchmark Edge
MMYT vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
MMYT
β
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
MMYT Max Drawdown
-64.83%
Trailing 1Y
SPY Max Drawdown
β
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for MMYT and SPY.
Company Overview
MakeMyTrip Limited
NASDAQ Global Select
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.
- Leadership
- Rajesh Magow
- IPO Date
- Aug 12, 2010
- Employees
- 4.6k
- Street Address
- Building No. 5
- Mailing
- Gurugram, 122002
- Region
- Gurugram, IN
- Reporting Currency
- USD
- Investor Line
- 91 12 4439 5000
- Last Updated
- May 2, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 83.0
- EV/EBITDA
- 31.0
- Price/Sales
- 4.4
- Price/Book
- β
Growth
- Revenue
- +25.0%
- EPS
- -56.9%
- Free Cash Flow
- +53.7%
Profitability
- Gross Margin
- 73.4%
- Operating Margin
- 14.1%
- Net Margin
- 5.5%
- ROE
- 31.2%
- ROIC
- 7.1%
Balance Sheet
- Debt/Equity
- β
- Current Ratio
- 1.85
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.