MakeMyTrip Limited (MMYT)

Currency in USD
60.01
-0.04(-0.07%)
Closed·
59.16-0.85(-1.42%)
·
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Fair Value
Day's Range
59.5060.96
52 wk Range
32.67104.43
Key Statistics
Prev. Close
60.05
Open
60.09
Day's Range
59.5-60.96
52 wk Range
32.67-104.43
Volume
489.26K
Average Volume (3m)
1.06M
1-Year Change
-36.5242%
Book Value / Share
-0.73
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
75.40
Upside
+25.65%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year

MakeMyTrip Limited News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 75.40
(+25.65% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BofA Securities
Buy71.00+18.31%60.00MaintainAug 03, 2026
JPMorgan
Buy65.00+8.32%60.00MaintainJul 10, 2026
HSBC
Buy70.00+16.65%-New CoverageJul 02, 2026
Goldman Sachs
Buy84.00+39.98%80.00MaintainJun 27, 2026
ICICI Securities
Buy74.00+23.31%-New CoverageJun 15, 2026

MakeMyTrip Limited Earnings Call Summary for Q1/2027

  • MakeMyTrip reported Q1 FY2027 adjusted EPS of $0.53, beating estimates of $0.22 by 141%, while revenue of $285.6M missed forecasts by 2%.
  • Gross booking value rose 19.9% in constant currency; shares jumped 5.86% to $60.29 as investors focused on strong profitability despite revenue miss.
  • Hotels, buses, and experiences outpaced weak air travel (domestic flat, international down 13%) amid geopolitical tensions and high fuel costs.
  • Company maintains 1.8% adjusted operating margin on gross bookings, prioritizing market share growth over near-term margin expansion.
  • India subsidiary filed confidentially for IPO; AI assistant Myra 2.0 handled 8M+ conversations, with customer service bots resolving 50% of calls.
Last Updated: 2026-08-03, 08:50 a/m
Read Full Transcript

Earnings

Latest Release
Aug 03, 2026
EPS / Forecast
0.53 / 0.22
Revenue / Forecast
285.58M / 291.43M
EPS Revisions
Last 90 days

MMYT Income Statement

Compare MMYT to Peers and Sector

Metrics to compare
MMYT
Peers
Sector
Relationship
P/E Ratio
164.9x11.6x10.4x
PEG Ratio
−2.200.180.02
Price/Book
−81.4x2.4x1.4x
Price / LTM Sales
5.3x0.9x0.9x
Upside (Analyst Target)
25.0%31.6%26.0%
Fair Value Upside
Unlock16.9%11.8%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
39.30M41.79%2.36B
Other Institutional Investors
108.96M58.21%6.54B
Public Companies & Retail Investors
0.000.00%0.00
Total
148.26M100.00%8.9B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Trip.com Group Limited53.63%50,441,6053,027,001
Baillie Gifford & Co.15.60%14,670,083880,352

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FAQ

What Is the MakeMyTrip (MMYT) Stock Price Today?

The MakeMyTrip stock price today is 60.01 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 5.64B USD.

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

The MakeMyTrip EPS (TTM) is 0.21.

When Is the Next MakeMyTrip Earnings Date?

MakeMyTrip will release its next earnings report on Nov 03, 2026.

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 Buy.

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 Aug 09, 2026, MakeMyTrip (MMYT) is trading at a price of 60.01 USD, with a previous close of 60.05 USD. The stock has fluctuated within a day range of 59.50 USD to 60.96 USD, while its 52-week range spans from 32.67 USD to 104.43 USD.

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

The average 12-month price target for MakeMyTrip is 75.40 USD, with a high estimate of 85 USD and a low estimate of 65 USD. 10 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +25.65% Upside potential.

What Is the MMYT Premarket Price?

MMYT's last pre-market stock price is 60.30 USD. The pre-market share volume is 4,930.00, and the stock has decreased by 0.25, or 0.42%.

What Is the MMYT After Hours Price?

MMYT's last after hours stock price is 59.16 USD, the stock has decreased by -0.85, or -1.42%.
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