MakeMyTrip Limited
MMYT
NASDAQ·Consumer Cyclical·Travel Services·Mkt cap $5.4B
$57.68
▲ +2.76%
P/E
163.35
Mkt Cap
$5.4B
52-Wk Range
$32.67–$103.24
52-Week Range
$32.67 - $103.24
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Down 39.7% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Market leadership in India's online travel booking segment
- Diversified revenue streams across multiple travel categories
- Strong technology platform and mobile-first distribution channels
- Established brand portfolio including makemytrip.com, goibibo.com, and redbus.in
Bear Case
2 risks
- Average volatility.
- Extreme premium - high expectations embedded
Growth
Moderate growth ahead
Recovery and expansion of international travel post-pandemic
Value
Extreme premium - high expectations embedded
Momentum
Hot
+23.1% over 3m
Quality
Excellent
Solid business
Dividend
None
No dividend
Smart-money signal
Who's buying MMYT right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 27, 2026
AUG 3, 2026
Reported EPS of $0.09 vs $0.15 consensus (-40.5% surprise). Revenue of $297.9M vs $292.1M expected (+1.9%).
EPS surprise · last 4Q
0 of 1 beats
Estimate
Actual
Q3 26
-40.5%
Revenue trend · last 8Q
—
—
+21%
+6%
+9%
+11%
+2%
+6%
Q2 24
Q3 24
Q4 25
Q1 25
Q2 25
Q3 25
Q4 26
Q1 27
$211.0M
$267.4M
$245.5M
$268.8M
$229.3M
$295.7M
$250.1M
$285.6M
Margins · last 8Q
Gross
55.2%
Operating
15.2%
Profit
2.9%
Wall Street consensus
1 analyst · 100% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
100%
Hold
0%
Sell
0%
Median Price Target
$84.00
▲ +45.6% vs $57.68
Latest: Goldman Sachs · $84.00 · Jun 27, 2026
1 analyst covering
vs Industry
How MMYT stacks vs Travel Services
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.