Makemytrip share price logo

Makemytrip

NASDAQ: MMYT

Mid Cap

$49.06

-4.84

(-8.98%)

as on

Makemytrip Stock Performance

as on September 10, 2026 at 2:16 pm IST

  • Day's Low

    Day's High

    $48.10
    $52.71
    downward going graph

    1.96%

    Downside

    7.44%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $32.67
    $103.24
    downward going graph

    33.41%

    Downside

    110.43%

    Upside

    downward going graph

Makemytrip share price movements today

Previous Close
$53.90
Open
$51.97
Volume
1.3M
Market Cap
$5.2B
Day's Low - High
$48.10 - $52.71
52 Week Low - High
$32.67 - $103.24

Makemytrip Historical Returns

1 Month Return
-10.18 %
3 Month Return
+ 31.37 %
1 Year Return
-44.94 %
3 Year Return
+ 37.89 %
5 Year Return
+ 112.04 %

Makemytrip Stock Fundamentals & Key Indicators

Check Makemytrip market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$5.2B

EPS (TTM)

0.3504

Dividend Yield

0.00%

Quarterly Earnings Growth YOY

-0.61%

PE Ratio (TTM)

152.65

Industry PE ratio

15.41

PEG Ratio

-2.515864774431753

EBITDA

213.9M

Revenue (TTM)

1.1B

Profit Margin

69.23%

Return On Equity TTM

-14.56%

Makemytrip Stock Valuation

Track how Makemytrip P/E has moved over time to understand its valuation trends.

Makemytrip in the last 5 years

  • Overview

  • Trends

Lowest (-237.02x)

March 31, 2023

Industry (15.41x)

March 31, 2026

Today (73.12x)

March 31, 2026

Highest (116.65x)

March 31, 2025

LowHigh

Today’s Price to Earnings Ratio: 73.12x

Makemytrip vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Makemytrip with its industry peers.

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %Dividend Yield %
BUY$5.2B112.04%152.6569.23%NA
BUY$71.1B223.94%16.2646.64%1.8900000000000001%
BUY$35.8B87.1%19.6890.43%0.54%
BUY$145.2B94.4%20.0125.53%89.18%
HOLD$108.9B5.14%41.5420.45%NA

Stock Returns calculator for Makemytrip Stock including INR - Dollar returns

The Makemytrip stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Makemytrip investment value today

Current value as on today

₹54,012

Returns

-₹45,988

(-45.99%)

Returns from Makemytrip Stock

-₹49,883 (-49.88%)

Dollar Impact

₹3,894 (+3.89%)

Analyst Recommendation on Makemytrip Stock

Based on 5 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 5 analysts, 100% of analysts recommend a 'BUY' rating for Makemytrip. Average target price of $75.4

Makemytrip Share Price Target

Get share price movements and forecasts by analysts on Makemytrip.

What analysts predicted

34.93%UPSIDE

Target Price

$75.4

Current Price

$49.06

Analyzed by

5 Analysts

Target

$75.40

Makemytrip target price $75.4, a slight upside of 34.93% compared to current price of $49.06. According to 5 analysts rating.

Indian Investors' Interest in Makemytrip Stock

Investment in Makemytrip Shares on INDmoney has dropped by -40.00% in the last 30 days, indicating reduced investment activity.

Time period: to

Change:-40.00% versus previous 30 day period

Search interest for Makemytrip Stock has decreased by -27% in the last 30 days, reflecting a downward trend in search activity.

Time period: to

Change:-27% versus previous 30 day period

Makemytrip Quarterly Profit & Loss

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Total Revenue
202
254
210
267
245
268
229
295
250
285
Gross Profit
150
169
161
189
183
193
177
207
145
202
Operating Income
16
27
26
34
31
40
34
40
40
43
EBITDA
51
41
40
48
30
54
48
54
53
56
Interest Expense
-
5
7
11
7
10
43
34
16
35
Depreciation
6
6
6
6
7
7
6
6
6
6
Income Before Tax
47
29
25
29
30
36
-1
13
30
15
Income Tax Expense
-123
8
7
2
1
10
4
5
5
6
Net Income
172
21
17
27
29
25
-5
7
24
8
Net Profit Margin
73.95%
66.57%
76.41%
71.06%
74.70%
72.15%
77.54%
70.28%
58.28%
71.05%

Makemytrip Annual Profit & Loss

All numbers in Millions USD

Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Total Revenue
447
675
486
511
163
303
593
782
978
1,043
Gross Profit
273
499
312
357
141
245
415
567
703
583
Operating Income
-135
-219
-152
-429
-67
-30
23
65
119
153
EBITDA
-87
-189
-141
-410
-23
-2
31
137
159
210
Interest Expense
14
0
0
6
4
15
17
17
17
104
Depreciation
14
29
26
33
33
29
27
27
27
27
Income Before Tax
-110
-220
-168
-447
-60
-46
-12
92
115
78
Income Tax Expense
0
0
0
0
-4
-1
0
-123
20
26
Net Income
-110
-218
-167
-447
-55
-45
-11
216
95
51
Net Profit Margin
61.15%
73.95%
64.32%
69.83%
86.35%
80.67%
70.06%
72.51%
71.96%
55.89%

Makemytrip Quarterly Cash Flow

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Net Income
172
21
17
27
29
25
-5
7
24
8
Operating Cash Flow
0
72
35
-10
87
41
48
45
42
26
Investing Cash Flow
19
-46
17
1
53
-60
3
-82
14
-67
Financing Cash Flow
-1
-4
0
4
-23
-2
-1
-50
-50
-10
Change in Cash
17
21
53
-11
117
-22
35
-88
-9
-44

Makemytrip Annual Cash Flow

All numbers in Millions USD

Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Net Income
-110
-220
-167
-447
-55
-45
-11
216
95
51
Operating Cash Flow
-108
-125
-78
-112
67
5
32
125
185
182
Investing Cash Flow
163
-115
70
73
-124
-77
46
-75
26
-127
Financing Cash Flow
2
327
0
-10
221
-9
-6
-6
-22
-107
Change in Cash
55
85
-9
-48
165
-81
70
43
181
-84

Mutual Funds that own Makemytrip Stock

Check out the Mutual Funds with significant holdings in Makemytrip.

Funds
Holdings
Shares Held
VANGUARD WORLD FUND
3.453918%
3065801
Artisan Partners Funds Inc.
3.082057%
2735726
JPMorgan Trust I
1.630965%
1447693
MFS SERIES TRUST X
1.495663%
1327595
New World Fund Inc
1.074756%
953986

Global Institutional Holdings in Makemytrip

Funds
Holdings
iShares
0.14%
US Global
0.1%
State Street
0.1%
EMQQ Global
0.09%
JPMorgan
0.07%

Makemytrip News & Key Events

  • img

    Today's Timeline - 30 March

    Mon, 09:25 PM

    -

    MakeMyTrip shares decline after Morpheus Research report raises regulatory and accounting concerns, alleging anti-competitive practices.

Insights on Makemytrip

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, MMYT has outperformed top 5 stocks with highest market-cap in its industry

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 250.11M → 285.57M (in $), with an average increase of 12.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Airbnb, Inc. Class A Common Stock has given 37.5% return, outperforming this stock by 86.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, MMYT stock has moved down by -14.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 24.24M → 8.35M (in $), with an average decrease of 65.6% per quarter

About Makemytrip

MakeMyTrip operates online travel brands including MakeMyTrip, Goibibo and redBus. Customers use its platforms to book air tickets, hotels, holiday packages, buses, trains and other travel services, mainly in India. MakeMyTrip combines air tickets, hotels, buses and holiday packages across consumer brands, with growth linked to India's expanding travel market and online adoption. The model becomes more valuable when customer activity repeats and the platform can monetise it through several services.

How does MakeMyTrip make money?

The company earns commissions, service fees, mark-ups and advertising revenue from travel bookings. Hotels and packages generally offer better economics than flight ticketing. Economics improve when the same platform supports more transactions, viewers, users or advertisers without a matching increase in operating cost.

What drives MakeMyTrip share price?

MakeMyTrip shares are driven by travel demand in India, gross bookings, hotel room nights, take rates, marketing efficiency and margins. Competition, airline capacity, fuel prices and disruptions to travel affect results. Share-price reactions can be sharper when valuation is high, because the market is assuming strong growth and consistent execution well into the future.

What are the key revenue drivers for MakeMyTrip?

Key drivers include rising domestic incomes, online booking adoption, hotel supply, international travel and bus ticket volumes. Loyalty and direct app traffic can reduce customer-acquisition costs. User activity alone is not enough; monetisation per user, order, transaction or viewing hour determines whether engagement converts into revenue.

What could drive long-term value for MakeMyTrip?

Long-term value comes from strong consumer brands and scale across India's fragmented travel market. A larger hotel mix, better cross-selling and more repeat customers can improve margins as online travel penetration rises. A stronger long-term model would pair user or transaction growth with better monetisation, while avoiding cost growth that consistently outpaces revenue.

OrganisationMakemytrip
HeadquartersBuilding No. 5, Gurugram, India, 122002
IndustryTravel Services
CEOMr. Rajesh Magow
E-voting on sharesClick here to vote

Key Management of Makemytrip

Name

Title

Mr. Parikshit Choudhury

Chief Business Officer of B2B & Customer Contact Group

Mr. Sanjay Mohan

Group Chief Technology Officer

Mr. Ravi Prakash Tyagi

Vice President of Administration

Mr. Yuvaraj Srivastava

Group Chief Human Resource Officer

Mr. Mohit Kabra

Group COO & Director

Mr. Vipul Garg

Senior Vice President of Investor Relations

Mr. Abhishek Logani

Chief Business Officer of Hotels

Mr. Rajesh Magow

Co-Founder, Group CEO & Director

Mr. Deep Kalra

Founder, Group Chairman & Chief Mentor

Mr. Dipak Kumar Bohra

Group Chief Financial Officer

FAQs

What is Makemytrip share price today?

Makemytrip share price today is $49.06 as on at the close of the market. Makemytrip share today touched a day high of $52.71 and a low of $48.10.

What is the 52 week high and 52 week low for Makemytrip share?

Makemytrip share touched a 52 week high of $103.24 on and a 52 week low of $32.67 on . Makemytrip stock price today i.e. is closed at $49.06,which is 52.48% down from its 52 week high and 50.17% up from its 52 week low.

What is Makemytrip's market capitalisation today?

Makemytrip market capitalisation is $0.01T as on .

How to invest in Makemytrip Stock (MMYT) from India?

  1. Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
  2. Step 2: Search for Makemytrip on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Makemytrip Shares that will get you 0.0306 shares as per Makemytrip share price of $49.06 per share as on September 10, 2026 at 8:46 am IST.

What is the minimum amount required to buy Makemytrip Stock (MMYT) from India?

Indian investors can start investing in Makemytrip (MMYT) shares with as little as ₹95.105 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹951.05 in Makemytrip stock (as per the Rupee-Dollar exchange rate as on ). Based on Makemytrip share’s latest price of $49.06 as on September 10, 2026 at 8:46 am IST, you will get 0.2038 shares of Makemytrip. Learn more about fractional shares .

What are the returns that Makemytrip has given to Indian investors in the last 5 years?

Makemytrip stock has given 112.04% share price returns and 28.48% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?