InsiderClue
Stocks · Industrials · Transportation Services

MakeMyTrip Ltd

MMYT Clue Score68
India Fiscal year ends March CIK 0001495153
$44.34 -0.87% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $44.34 +44.71% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue447.6Operating income−135.4Net income−110.2EPS, diluted−2.09Fiscal year 2018Revenue675.3 +50.9%Operating income−219.4Net income−218.4EPS, diluted−2.18Fiscal year 2019Revenue486.0 −28.0%Operating income−152.9Net income−167.8EPS, diluted−1.61Fiscal year 2020Revenue511.5 +5.3%Operating income−429.4Net income−447.8EPS, diluted−4.26Fiscal year 2021Revenue163.4 −68.0%Operating income−67.7Net income−55.6EPS, diluted−0.52Fiscal year 2022Revenue303.9 +86.0%Operating income−30.4Net income−45.4EPS, diluted−0.42Fiscal year 2023Revenue593.0 +95.1%Operating income23.6Net income−11.3EPS, diluted−0.10Fiscal year 2024Revenue782.5 +32.0%Operating income65.2Net income216.8EPS, diluted1.74Fiscal year 2025Revenue978.3 +25.0%Operating income119.9Net income95.1 −56.1%EPS, diluted0.83
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 447.6 675.3 486.0 511.5 163.4 303.9 593.0 782.5 978.3
Growth +50.9% −28.0% +5.3% −68.0% +86.0% +95.1% +32.0% +25.0%
Operating income −135.4 −219.4 −152.9 −429.4 −67.7 −30.4 23.6 65.2 119.9
Net income −110.2 −218.4 −167.8 −447.8 −55.6 −45.4 −11.3 216.8 95.1
Growth −56.1%
EPS, diluted −2.09 −2.18 −1.61 −4.26 −0.52 −0.42 −0.10 1.74 0.83

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin−30.2%Net margin−24.6%Free cash flow margin−26.2%Fiscal year 2018Operating margin−32.5%Net margin−32.3%Free cash flow margin−19.2%Fiscal year 2019Operating margin−31.5%Net margin−34.5%Free cash flow margin−17.0%Fiscal year 2020Operating margin−83.9%Net margin−87.5%Free cash flow margin−22.7%Fiscal year 2021Operating margin−41.4%Net margin−34.0%Free cash flow margin39.1%Fiscal year 2022Operating margin−10.0%Net margin−14.9%Free cash flow margin1.0%Fiscal year 2023Operating margin4.0%Net margin−1.9%Free cash flow margin4.2%Fiscal year 2024Operating margin8.3%Net margin27.7%Free cash flow margin15.3%Fiscal year 2025Operating margin12.3%Net margin9.7%Free cash flow margin18.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −30.2% −32.5% −31.5% −83.9% −41.4% −10.0% 4.0% 8.3% 12.3%
Net margin −24.6% −32.3% −34.5% −87.5% −34.0% −14.9% −1.9% 27.7% 9.7%
Free cash flow margin −26.2% −19.2% −17.0% −22.7% 39.1% 1.0% 4.2% 15.3% 18.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−108.5Capital expenditure−8.8Free cash flow−117.2Buybacks−2.1Fiscal year 2018Operating cash flow−125.5Capital expenditure−4.3Free cash flow−129.7Fiscal year 2019Operating cash flow−78.9Capital expenditure−3.5Free cash flow−82.4Fiscal year 2020Operating cash flow−112.7Capital expenditure−3.5Free cash flow−116.3Fiscal year 2021Operating cash flow64.5Capital expenditure−0.6Free cash flow63.9Fiscal year 2022Operating cash flow6.2Capital expenditure−3.1Free cash flow3.1 −95.1%Fiscal year 2023Operating cash flow32.2Capital expenditure−7.5Free cash flow24.7 +697.0%Fiscal year 2024Operating cash flow125.7Capital expenditure−5.9Free cash flow119.8 +384.7%Fiscal year 2025Operating cash flow185.3Capital expenditure−4.5Free cash flow180.8 +50.9%Buybacks−21.7
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −108.5 −125.5 −78.9 −112.7 64.5 6.2 32.2 125.7 185.3
Capital expenditure −8.8 −4.3 −3.5 −3.5 −0.6 −3.1 −7.5 −5.9 −4.5
Free cash flow −117.2 −129.7 −82.4 −116.3 63.9 3.1 24.7 119.8 180.8
Growth −95.1% +697.0% +384.7% +50.9%
Buybacks −2.1 n/a n/a n/a n/a n/a n/a n/a −21.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash101.7Total debt0.5Net cash (debt)101.2Shareholders’ equity1,404.8Debt to equity0.00Fiscal year 2018Cash187.6Total debt0.4Net cash (debt)187.2Shareholders’ equity1,558.6Debt to equity0.00Fiscal year 2019Cash178.0Total debt0.5Net cash (debt)177.5Shareholders’ equity1,357.2Debt to equity0.00Fiscal year 2020Cash129.9Total debt21.6Net cash (debt)108.3Shareholders’ equity858.2Debt to equity0.03Fiscal year 2021Cash295.1Total debt201.6Net cash (debt)93.5Shareholders’ equity887.5Debt to equity0.23Fiscal year 2022Cash213.3Total debt213.8Net cash (debt)−0.5Shareholders’ equity894.1Debt to equity0.24Fiscal year 2023Cash284.0Total debt15.7Net cash (debt)268.4Shareholders’ equity869.6Debt to equity0.02Fiscal year 2024Cash327.1Total debt216.8Net cash (debt)110.2Shareholders’ equity1,110.9Debt to equity0.20Fiscal year 2025Cash508.9Total debt13.9Net cash (debt)495.0Shareholders’ equity1,202.6Debt to equity0.01
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 101.7 187.6 178.0 129.9 295.1 213.3 284.0 327.1 508.9
Total debt 0.5 0.4 0.5 21.6 201.6 213.8 15.7 216.8 13.9
Net cash (debt) 101.2 187.2 177.5 108.3 93.5 −0.5 268.4 110.2 495.0
Shareholders’ equity 1,404.8 1,558.6 1,357.2 858.2 887.5 894.1 869.6 1,110.9 1,202.6
Debt to equity 0.00 0.00 0.00 0.03 0.23 0.24 0.02 0.20 0.01

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025
Margins
−30.2% −32.5% −31.5% −83.9% −41.4% −10.0% 4.0% 8.3% 12.3%
−24.6% −32.6% −34.7% −87.5% −37.0% −15.4% −2.0% 11.9% 11.8%
−24.6% −32.3% −34.5% −87.5% −34.0% −14.9% −1.9% 27.7% 9.7%
−26.2% −19.2% −17.0% −22.7% 39.1% 1.0% 4.2% 15.3% 18.5%
Spending
2.0% 0.6% 0.7% 0.7% 0.4% 1.0% 1.3% 0.8% 0.5%
n/a n/a n/a n/a n/a n/a n/a −133.2% 17.8%
Returns
−7.8% −14.0% −12.4% −52.2% −6.3% −5.1% −1.3% 19.5% 7.9%
−7.1% −12.4% −10.7% −41.3% −4.3% −3.4% −0.8% 13.1% 5.2%
Balance and payout
0.00 0.00 0.00 0.03 0.23 0.24 0.02 0.20 0.01
9.0% 11.7% 13.6% 20.4% 31.9% 32.2% 35.6% 32.7% 33.9%
n/a n/a n/a n/a n/a n/a n/a n/a 12.0%