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MARKETS / NASDAQ / MMYT
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
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-400M2015201620172018201920202021202220232024
Compound annual growth
+47.7%
+13.8%
3 yrs
5 yrs
10 yrs
15 yrs

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

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%2015201620172018201920202021202220232024
ROE
FY2024 · ROE 8.2%
10%20%-20%-40%2015201620172018201920202021202220232024

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
80M160M-50M-100M2015201620172018201920202021202220232024
Net buybacks $M Dividends $M
FY2024 · Dividends — · Net buybacks 21.7
8M16M201520162024

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
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 %··········
ROE %8.221.9−1.3−5.1−6.4−40.4−11.5−14.7−7.8·

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

Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 47 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 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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