MMYT
MakeMyTrip Limited
Consumer Cyclical · Travel Services · NMS
$44.09
Data: 2026-05-28
✓ ETHICAL PASS

Unknown MOAT
HIGH
Data Confidence: 100.0%
Key Metrics

How this company measures up on the fundamentals that matter

Market Cap
$4.3B
Total market value of the company
124.64
Expensive — high growth expected
19.80
Based on estimated future earnings — lower means cheaper
Rev Growth
+1.9%
Year-over-year revenue change
Profit Margin
5.0%
How much profit the company keeps from each dollar of revenue
9.0%
Return on equity — how efficiently it uses shareholder money
Analyst Target
$70.50
+60% from current price — median analyst estimate
Recommendation
STRONG_BUY
Consensus view from 10 analysts covering this stock
About MakeMyTrip Limited

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, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands. 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.

https://www.makemytrip.com

Country: India Industry: Travel Services
Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity
PASS
Core business does not involve prohibited activities
Debt Ratio
0.0% N/A
Debt must be below 33% of total assets
Cash Ratio
0.0% N/A
Interest-bearing cash below 33% of assets
Receivables
0.0% N/A
Receivables below 49% of assets
Revenue Purity
0.0% PASS
Non-compliant revenue below 5% — any excess requires purification
Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

DISTRIBUTION
Smart money appears to be selling into strength — caution
-0.201
Returns do not compensate for the risk — negative edge
-0.0198
No positive edge detected — the data suggests staying out
-0.308
Drawdown risk outweighs the returns — higher risk profile
Annual Return
-21.5%
Historical annualised return based on price data
-69.9%
Largest peak-to-trough decline — the worst it has been
SIDEWAYS
Price consolidating — no clear directional bias
Days in State
1
How long the current regime has persisted — longer means more stable
Market Data

Trading characteristics and market positioning

1.03
Moves slightly more than the broader market
52W High
$104.99
58% below the year high
52W Low
$32.67
35% above the year low
Avg Volume
1,452,691
Average daily shares traded — higher means easier to buy and sell
7.7
Days it would take all short sellers to cover — higher means more crowded
Short % Float
11.5%
Elevated short interest — bears are positioned against this
N/A
Annual dividend as a percentage of the share price
$0.36
Earnings per share over the last 12 months
Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

3.05
Strong balance sheet — comfortably covers short-term obligations
Quick Ratio
2.71
Like current ratio but excludes inventory — stricter test
Gross Margin
58.6%
Revenue left after cost of goods — higher means pricing power
Operating Margin
16.1%
Profit from core operations before interest and tax
$88M
Positive — the business generates more cash than it spends
Revenue (TTM)
$1.0B
Total revenue over the last 12 months
Net Income
$52M
Profitable — the bottom line is positive
Analyst Coverage
Analysts
10
Target High
$90.00
Target Median
$70.50
Target Low
$58.00
Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-05-28

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