MakeMyTrip Ltd
MMYT Nasdaq· Transportation Services
Last close · Oct 30, 2026
$42.68
KIRA · Stoqly’s AI analyst, in plain words
- MakeMyTrip Ltd had $1.0B of revenue in fiscal 2026, up 6.7% on the year before. Over five years, revenue changed +44.9% a year on average.
- Its operating margin was 14.9%, up 2.7 pts: of every 100 in sales, about 15 is left after running the business.
- MakeMyTrip Ltd made $51.8M of net profit in fiscal 2026.
- Free cash flow was $178M in fiscal 2026, 17.1% of revenue.
- MakeMyTrip Ltd returned $91.7M to shareholders in fiscal 2026, 52% of free cash flow. The diluted share count fell 4.2%.
- MakeMyTrip Ltd owes $981M more than it holds in cash, about 5.3 years of operating profit.
Market cap
$4.7B
P/E
118.6x
Revenue
$1.0B
Net income
$51.8M
Free cash flow
$178M
Operating margin
14.9%
MakeMyTrip Ltd in 30 seconds · fiscal 2026
Are sales growing?
+6.7%
Yes. Sales grew 6.7% last year.
Does it make a profit?
5.0%
A little. It keeps 5.0% of every sale as profit.
Does profit turn into cash?
17.1%
Yes. 17.1% of sales ends up as free cash.
Is debt under control?
5.3x
Heavy. Repaying its debt would take 5.3 years of operating profit.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
How is the share priced?
118.6x
One share costs 118.6 times its yearly profit per share.
What MakeMyTrip Ltd does
No business description yet.
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 20-F · Jul 27, 2026
- Legal name
- MakeMyTrip Ltd
- CIK
- 0001495153
MakeMyTrip Ltd · MMYT · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $304M | $593M | $783M | $978M | $1.0B |
| Revenue growth | 86.0% | 95.1% | 32.0% | 25.0% | 6.7% |
| Gross margin | 80.7% | 70.1% | 72.5% | 72.0% | 73.8% |
| Operating margin | −10.0% | 4.0% | 8.3% | 12.3% | 14.9% |
| Net income | −$45.4M | −$11.3M | $217M | $95.1M | $51.8M |
| Net margin | −14.9% | −1.9% | 27.7% | 9.7% | 5.0% |
| Diluted EPS | −$0.42 | −$0.10 | $1.74 | $0.83 | $0.36 |
| Cash | |||||
| Cash from operations | $6.2M | $32.2M | $126M | $185M | $183M |
| Capital expenditure | $3.1M | $7.5M | $5.9M | $4.5M | $4.5M |
| Free cash flow | $3.1M | $24.7M | $120M | $181M | $178M |
| FCF margin | 1.0% | 4.2% | 15.3% | 18.5% | 17.1% |
| Share buybacks | — | — | — | $21.7M | $91.7M |
| Share count change | 1.6% | 1.1% | 7.8% | −3.1% | −4.2% |
| Debt and strength | |||||
| Cash and short-term investments | $213M | $284M | $327M | $509M | $425M |
| Debt incl. finance leases | $217M | $235M | $222M | $236M | $1.4B |
| Shareholders' equity | $894M | $870M | $1.1B | $1.2B | −$67.8M |
| Net debt / EBITDA | — | −1.0x | −1.1x | −1.9x | 5.3x |
| Current ratio | 3.1x | 1.5x | 2.9x | 1.8x | 3.0x |
| Interest coverage | −1.2x | 0.5x | — | 3.7x | 1.5x |
| Returns and quality | |||||
| Return on capital | −2.7% | 2.3% | 6.5% | 10.6% | 11.3% |
| Return on equity | −5.1% | −1.3% | 21.9% | 8.2% | 9.1% |
| Return on tangible equity | −15.5% | −1.3% | 19.5% | 7.9% | — |
| Piotroski F-score | 5 | 4 | 7 | 6 | 7 |
| Altman Z'' | 1.0 | 0.1 | 2.6 | 2.6 | −2.0 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
MakeMyTrip Ltd · MMYT · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $42.68 a share, the company is worth $4.7B: 118.6 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001495153). Latest version: stoqly.net/companies/mmyt. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.