MakeMyTrip Limited (MMYT)
| Market Cap | 5.62B -50.5% |
| Revenue (ttm) | 1.06B +6.9% |
| Net Income | 34.23M -65.8% |
| EPS | 0.21 -75.1% |
| Shares Out | 94.06M |
| PE Ratio | 278.44 |
| Forward PE | 96.40 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 488,825 |
| Open | 61.09 |
| Previous Close | 60.42 |
| Day's Range | 59.47 - 62.31 |
| 52-Week Range | 32.67 - 104.43 |
| Beta | 1.00 |
| Analysts | Strong Buy |
| Price Target | 75.40 (+26.3%) |
| Earnings Date | Aug 3, 2026 |
About MMYT
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Saudi Arabia, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air tickets, hotels and alternative accommodations, holiday packages, bus tickets, rail tickets, car hire, tours and attractions, travel assurance products and add-on products ... [Read more]
Financial Performance
In fiscal year 2026, MakeMyTrip's revenue was $1.04 billion, an increase of 6.71% compared to the previous year's $978.34 million. Earnings were $51.80 million, a decrease of -45.53%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for MMYT stock is "Strong Buy." The 12-month stock price target is $75.4, which is an increase of 26.30% from the latest price.
News
MakeMyTrip reports Q1 revenue $285.6M vs $268.8M last year
Reports Q1 adjusted EBIT $51.4M vs $47.3M last year. Commenting on the results, Rajesh Magow, Group Chief Executive Officer, MakeMyTrip (MMYT), said, “Despite macroeconomic disruptions, particularly i...
MakeMyTrip price target raised to $71 from $60 at BofA
BofA analyst Sachin Salgaonkar raised the firm’s price target on MakeMyTrip (MMYT) to $71 from $60 and keeps a Buy rating on the shares following a solid all-round beat in…
MakeMyTrip Earnings Call Transcript: Q1 2027
Q1 FY27 delivered strong growth in hotels, packages, and ground transport, offsetting air ticketing softness amid geopolitical and macro headwinds. AI-driven initiatives improved productivity and customer experience, while a robust cash position and upcoming India IPO support long-term growth.
MakeMyTrip Earnings release: Q1 2027
MakeMyTrip released its Q1 2027 earnings on August 3, 2026, summarizing the period's financial results.
MakeMyTrip Slides: Q1 2027
MakeMyTrip has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on August 3, 2026.
MakeMyTrip Limited to Report Fiscal 2027 First Quarter Financial & Operating Results on August 03, 2026
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #AirTicketing--MakeMyTrip Limited plans to report its fiscal 2027 first quarter financial and operating results before markets open on Monday, Aug...
MakeMyTrip initiated with a Buy at HSBC
HSBC initiated coverage of MakeMyTrip (MMYT) with a Buy rating and $70 price target
MakeMyTrip Slides: Investor presentation
MakeMyTrip has posted slides in relation to its latest quarterly earnings report, which was published on June 4, 2026.
MakeMyTrip price target lowered to $70 from $80 at Citi
Citi analyst Vijit Jain lowered the firm’s price target on MakeMyTrip (MMYT) to $70 from $80 and keeps a Buy rating on the shares. The firm notes adjusted EBIT at…
MakeMyTrip Earnings Call Transcript: Q4 2026
Gross bookings hit $10.4B in FY 2026, with strong domestic growth offsetting international headwinds. AI-driven engagement and operational efficiency are boosting margins, while strategic investments and restructuring support future India listing plans.
MakeMyTrip Earnings release: Q4 2026
MakeMyTrip released its Q4 2026 earnings on May 19, 2026, summarizing the period's financial results.
MakeMyTrip Annual report: Q4 2026
MakeMyTrip has published its Q4 2026 annual report on May 19, 2026.
MakeMyTrip price target lowered to $80 from $117 at Goldman Sachs
Goldman Sachs analyst Manish Adukia lowered the firm’s price target on MakeMyTrip (MMYT) to $80 from $117 and keeps a Buy rating on the shares ahead of its Q4 results.
MakeMyTrip Limited to Report Fiscal 2026 Fourth Quarter and Full Year Financial & Operating Results on May 19, 2026
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #Fiscal2026--MakeMyTrip Limited to report fiscal 2026 fourth quarter and full year financial & operating results on Tuesday, May 19, 2026.
MakeMyTrip price target lowered to $80 from $96 at Citi
Citi lowered the firm’s price target on MakeMyTrip (MMYT) to $80 from $96 and keeps a Buy rating on the shares. The firm sees a tough fiscal 2026 backdrop but…
MakeMyTrip price target lowered to $60 from $105 at BofA
BofA lowered the firm’s price target on MakeMyTrip (MMYT) to $60 from $105 and keeps a Buy rating on the shares. The firm sees the company reporting “soft” Q4 due…
MakeMyTrip removed from APAC Conviction List at Goldman Sachs
Goldman Sachs analysts removed MakeMyTrip (MMYT) from its APAC Conviction List as part of a monthly update.
Morpheus Research says MakeMyTrip ‘openly defies regulators, scams customers’
In a recently published report, Morpheus Research says that MakeMyTrip (MMYT), a $3.5B online travel agency that is sometimes referred to as the “Booking.com of India” with 50% of the…
MakeMyTrip to collaborate with OpenAI
MakeMyTrip (MMYT) announced that it will collaborate with OpenAI to deepen AI-led travel discovery and capture high-intent travel queries. As part of this collaboration, MakeMyTrip uses OpenAI’s APIs ...
MakeMyTrip Deepens AI-First Strategy with OpenAI Collaboration
GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #AI--MakeMyTrip today announced that it will collaborate with OpenAI to deepen AI-led travel discovery and capture high-intent travel queries.
MakeMyTrip price target lowered to $106 from $113 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MakeMyTrip (MMYT) to $106 from $113 and keeps an Overweight rating on the shares. Following the company’s Q3 report, the firm is…
MakeMyTrip reports Q3 revenue $295.7M vs $267.4M last year
Reports Q3 adjusted EBIT $50.7M vs $46M last year. Commenting on the results, Rajesh Magow, Group Chief Executive Officer, MakeMyTrip (MMYT), said, “Our diversified product portfolio of transport and ...
MakeMyTrip price target lowered to $96 from $108 at Citi
Citi lowered the firm’s price target on MakeMyTrip (MMYT) to $96 from $108 and keeps a Buy rating on the shares following the Q3 report. The firm views the company’s…
MakeMyTrip Earnings Call Transcript: Q3 2026
Q3 FY26 delivered strong growth in air, hotels, and bus ticketing, aided by festive demand and AI-driven innovations, despite temporary air supply disruptions. Adjusted operating profit surpassed $50 million, with robust volume growth and stable margins across segments.