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NASDAQ · TRANSPORTATION SERVICES · LARGE CAP

MakeMyTrip Ltd. MMYT

10 fiscal years on record · USD · FY2024 reported · SEC filings only
$978.3M
▲ 25.0% YoY
$95.1M
▼ 56.1% YoY
$180.8M
▲ 50.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

MakeMyTrip operates an asset-light marketplace model that connects travelers with a network of suppliers, including airlines, hotels, accommodation providers and ground transport operators. As of March 31, 2026, it had 5,507 employees. As of March 31, 2026, 88.9 million lifetime unique transacting customers had transacted on its platform since inception across its MakeMyTrip, Goibibo and redBus brands. 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 across air, bus and rail bookings. Its air ticketing business, offered under the MakeMyTrip and Goibibo brands, focuses primarily on domestic travel within India, outbound international travel from India and inbound travel to India. It operates its hotels and packages business under the MakeMyTrip and Goibibo brands. It owns and operates its bus ticketing business primarily through the redBus brand, which has a presence in Latin America, in Peru and Colombia, and in Southeast Asia, in Malaysia, Singapore, Indonesia, Cambodia and Vietnam.

Written from the business description in MakeMyTrip Ltd's annual report to the U.S. Securities and Exchange Commission, filed 27 July 2026. Every sentence was checked against that document before publication.

Growth

USD 978.3M
Revenue, FY2024 · full 10-year series below
Revenue $M Net income $M
FY2024 · Revenue 978.3 · Net income 95.1
400M800M-200M-400M
2015201820212024
Compound annual growth
+47.7%
+13.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +13.8% a year over the five years to FY2024.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

10 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 12.3% · Net 9.7%
10%20%-50%
201520192024
ROE
FY2024 · ROE 8.2%
10%20%-50%-100%
201520192024
Three returns, three denominators.

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders

USD 21.7M
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF 180.8
100M200M-50M-100M
201520192024
Net buybacks $M Dividends $M
FY2024 · Dividends · · Net buybacks 21.7
10M20M
201520162024

USD 21.7M in buybacks — 23% of the year's profit went back to shareholders.

Total assetsUSD 1.8B
EquityUSD 1.2B
CashUSD 508.9M
Current ratio1.85×

Equity funds 66% of total assets.

The 10-year record

10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
MMYT, 10-year financial record
Metric 2024202320222021202020192018201720162015
Revenue $B1.00.80.60.30.20.50.50.70.40.3
Operating income $B0.10.10.0−0.0−0.1−0.4−0.2−0.2−0.1−0.1
EBITDA $B0.10.10.1−0.0−0.0−0.4−0.1−0.2−0.1−0.1
Income tax $B0.0−0.1−0.0−0.0−0.0−0.0−0.00.00.00.0
Net income $B0.10.2−0.0−0.0−0.1−0.4−0.2−0.2−0.1−0.1
Free cash flow $B0.20.10.00.00.1−0.1−0.1−0.1−0.1−0.1
EPS, diluted $0.831.74−0.10−0.42−0.52−4.26−1.61−2.18−2.09−2.12
Dividend / sh $◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————
ROE %8.221.9−1.3−5.1−6.4−40.4−11.5−14.7−14.9−114.1

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 10 of the 10 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. Eight checks were skipped: EPS is not tagged before 2015. Eight checks were skipped: revenue is not tagged before 2015.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityTransportation Services
Listed onNASDAQ
Incorporated inoutside the United States — SEC code O4
Fiscal year endsMarch 31
Data on record since2015

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