MakeMyTrip Limited (MMYT)

Currency in USD
42.68
-0.32(-0.74%)
Closed·
42.680.00(0.00%)
·
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Fair Value
Day's Range
41.7443.06
52 wk Range
32.6786.94
Key Statistics
Prev. Close
43
Open
43.06
Day's Range
41.74-43.06
52 wk Range
32.67-86.94
Volume
551.4K
Average Volume (3m)
859.03K
1-Year Change
-46.65%
Book Value / Share
-0.97
Fair Value
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Fair Value Upside
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MMYT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
67.70
Upside
+58.62%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins

MakeMyTrip Limited News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Sell
Moving Averages
Sell

Analyst Ratings

10 Buy
0 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 67.70
(+58.62% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BofA Securities
Buy55.00+28.87%60.00MaintainOct 27, 2026
Citi
Buy75.00+75.73%80.00MaintainOct 26, 2026
BofA Securities
Buy60.00+40.58%71.00MaintainSep 28, 2026
BofA Securities
Buy71.00+66.35%60.00MaintainAug 03, 2026
JPMorgan
Buy65.00+52.30%60.00MaintainJul 10, 2026

MakeMyTrip Limited Earnings Call Summary for Q2/2027

  • MakeMyTrip Q2 adjusted EPS met expectations at $0.47, but revenue missed by 12% at $235.16M vs $267.41M consensus estimate.
  • Gross bookings rose 20.9% YoY in constant currency to $2.7B; non-air businesses grew to 63.2% of total bookings from 61.5% prior year.
  • Air travel weakness persisted with domestic/international departures down and airfares up 25-30% YoY due to capacity constraints and geopolitical tensions.
  • Company emphasized AI assistant Myra driving higher conversion, continued investment in hotel supply expansion, and ongoing India IPO preparations.
  • Management highlighted profitable growth focus despite rupee depreciation headwinds; no specific quarterly guidance issued but margin expansion expected if air demand normalizes.
Last Updated: 10/26/2026, 08:38 PM
Read Full Transcript

Earnings

Latest Release
Oct 26, 2026
EPS / Forecast
0.47 / 0.47
Revenue / Forecast
235.16M / 267.41M
EPS Revisions
Last 90 days

MMYT Income Statement

Compare MMYT to Peers and Sector

Metrics to compare
MMYT
Peers
Sector
Relationship
P/E Ratio
96.3x11.0x9.5x
PEG Ratio
−1.600.060.02
Price/Book
−44.1x1.9x1.4x
Price / LTM Sales
3.8x0.8x0.8x
Upside (Analyst Target)
58.6%37.1%34.8%
Fair Value Upside
Unlock21.9%13.8%Unlock

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 for bookings; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products; and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands, as well as foreign exchange, prepaid forex cards, cross-border remittances and related financial services. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents’ network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
42.07M44.73%1.80B
Other Institutional Investors
104.08M55.27%4.44B
Public Companies & Retail Investors
0.000.00%0.00
Total
146.15M100.00%6.24B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Trip.com Group Limited53.63%50,441,6052,152,848
Baillie Gifford & Co.15.60%14,670,083626,119

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FAQ

What Is the MakeMyTrip (MMYT) Stock Price Today?

The MakeMyTrip stock price today is 42.68 USD.

What Stock Exchange Does MakeMyTrip Trade On?

MakeMyTrip is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for MakeMyTrip?

The stock symbol for MakeMyTrip is "MMYT."

What Is the MakeMyTrip Market Cap?

As of today, MakeMyTrip market cap is 4.04B USD.

What Is MakeMyTrip's Earnings Per Share (TTM)?

The MakeMyTrip EPS (TTM) is 0.43.

When Is the Next MakeMyTrip Earnings Date?

MakeMyTrip will release its next earnings report on Jan 28, 2027.

From a Technical Analysis Perspective, Is MMYT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has MakeMyTrip Stock Split?

MakeMyTrip has split 0 times.

How Many Employees Does MakeMyTrip Have?

MakeMyTrip has 5507 employees.

What is the current trading status of MakeMyTrip (MMYT)?

As of Oct 31, 2026, MakeMyTrip (MMYT) is trading at a price of 42.68 USD, with a previous close of 43.00 USD. The stock has fluctuated within a day range of 41.74 USD to 43.06 USD, while its 52-week range spans from 32.67 USD to 86.94 USD.

What Is MakeMyTrip (MMYT) Price Target According to Analysts?

The average 12-month price target for MakeMyTrip is 67.70 USD, with a high estimate of 80 USD and a low estimate of 55 USD. 10 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +58.62% Upside potential.
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