MMYT
MakeMyTrip Limited
NASDAQ: MMYT · CONSUMER CYCLICAL · TRAVEL SERVICES
$47.54
+1.52% today
Updated 2026-04-29
Market cap
$4.51B
P/E ratio
91.42
P/S ratio
4.34x
EPS (TTM)
$0.52
Dividend yield
—
52W range
$33 – $114
Volume
1.6M
MakeMyTrip Limited (MMYT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38.33M | $68.55M | $83.56M | $124.72M | $196.60M | $228.82M | $255.38M | $299.66M | $336.05M | $447.62M | $675.26M | $486.01M | $511.53M | $163.44M | $303.92M | $593.04M | $782.52M | $978.34M |
| Revenue growth (YoY) | — | +78.8% | +21.9% | +49.3% | +57.6% | +16.4% | +11.6% | +17.3% | +12.1% | +33.2% | +50.9% | -28.0% | +5.3% | -68.0% | +86.0% | +95.1% | +32.0% | +25.0% |
| Cost of revenue | $21.82M | $43.56M | $43.28M | $63.65M | $108.41M | $140.66M | $148.98M | $160.71M | $167.03M | $173.92M | $175.88M | $173.41M | $154.32M | $22.31M | $58.75M | $177.57M | $215.09M | $274.35M |
| Gross profit | $16.51M | $24.99M | $40.28M | $61.07M | $88.18M | $88.17M | $106.39M | $138.95M | $169.02M | $273.70M | $499.38M | $312.60M | $357.21M | $141.13M | $245.17M | $415.47M | $567.43M | $703.99M |
| Gross margin | 43.1% | 36.5% | 48.2% | 49.0% | 44.9% | 38.5% | 41.7% | 46.4% | 50.3% | 61.1% | 74.0% | 64.3% | 69.8% | 86.4% | 80.7% | 70.1% | 72.5% | 72.0% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $9.09M | $6.86M | $6.66M | $6.01M |
| SG&A | $13.13M | $14.28M | $34.21M | $19.11M | $33.05M | $43.00M | $45.86M | $53.82M | $59.27M | $93.35M | $135.04M | $133.46M | $146.03M | $112.88M | $127.05M | $143.51M | $159.31M | $170.85M |
| Operating income | $-16.29M | $-10.62M | $-6.01M | $4.06M | $4.01M | $-18.06M | $-15.32M | $-14.54M | $-66.83M | $-135.39M | $-219.44M | $-152.94M | $-429.41M | $-67.68M | $-30.37M | $23.60M | $65.21M | $119.89M |
| Operating margin | -42.5% | -15.5% | -7.2% | 3.3% | 2.0% | -7.9% | -6.0% | -4.9% | -19.9% | -30.2% | -32.5% | -31.5% | -83.9% | -41.4% | -10.0% | 4.0% | 8.3% | 12.3% |
| EBITDA | $-16.65M | $-4.26M | $-2.57M | $4.76M | $4.21M | $-14.91M | $-14.98M | $-6.48M | $-69.80M | $-87.00M | $-189.40M | $-141.51M | $-410.98M | $-23.64M | $-2.00M | $31.72M | $137.93M | $159.95M |
| EBITDA margin | -43.4% | -6.2% | -3.1% | 3.8% | 2.1% | -6.5% | -5.9% | -2.2% | -20.8% | -19.4% | -28.0% | -29.1% | -80.3% | -14.5% | -0.7% | 5.3% | 17.6% | 16.3% |
| EBIT | $-17.76M | $-5.82M | $-4.14M | $2.85M | $1.42M | $-18.67M | $-20.68M | $-14.44M | $-78.56M | $-101.54M | $-219.24M | $-168.32M | $-444.66M | $-56.65M | $-31.36M | $4.48M | $110.69M | $132.83M |
| Interest expense | $1.14M | $1.56M | $2.06M | $711439.00 | $451438.00 | $136622.00 | $444000.00 | $242000.00 | $4.24M | $14.85M | $911000.00 | $730000.00 | $6.14M | $4.44M | $7.22M | $17.25M | $17.75M | $17.67M |
| Income tax | $-4476.00 | $-25291.00 | $8428.00 | $-2.69M | $-6.08M | $8.60M | $78520.00 | $135000.00 | $155000.00 | $193000.00 | $91000.00 | $-740000.00 | $-29000.00 | $-4.51M | $-1.11M | $-976000.00 | $-123.81M | $20.62M |
| Effective tax rate | 0.0% | 0.3% | -0.1% | -126.0% | -626.5% | -45.3% | -0.4% | -0.7% | -0.2% | -0.2% | -0.0% | 0.4% | 0.0% | 7.5% | 2.4% | 7.9% | -133.1% | 17.8% |
| Net income | $-18.89M | $-7.35M | $-6.21M | $4.83M | $7.05M | $-27.59M | $-20.93M | $-18.25M | $-88.52M | $-110.17M | $-218.41M | $-167.76M | $-447.78M | $-55.64M | $-45.41M | $-11.32M | $216.80M | $95.10M |
| Net income growth (YoY) | — | +61.1% | +15.5% | +177.8% | +46.0% | -491.5% | +24.1% | +12.8% | -385.0% | -24.5% | -98.3% | +23.2% | -166.9% | +87.6% | +18.4% | +75.1% | +2015.0% | -56.1% |
| Profit margin | -49.3% | -10.7% | -7.4% | 3.9% | 3.6% | -12.1% | -8.2% | -6.1% | -26.3% | -24.6% | -32.3% | -34.5% | -87.5% | -34.0% | -14.9% | -1.9% | 27.7% | 9.7% |