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MakeMyTrip MMYT · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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51.86

+1.49%

Close of 9 Nov 2026, in USD

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About MakeMyTrip

Its shares trade under the ticker MMYT. It has been listed since 12 August 2010. In the fiscal year to 31 March 2026, it reported revenue of $1.04bn and net income of $51.8m. At that date it held total assets of $1.75bn and shareholders' equity of −$67.8m.

MakeMyTrip Ltd. is an online travel company. The company is headquartered in Gurgaon, Haryana. The company went IPO on 2010-08-12. The firm's services and products include air ticketing, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as facilitating access to third-party travel insurance and visa processing. Its segments include Air ticketing, which provides the facility to book international and domestic air tickets through an Internet-based platform; Hotels and packages, which provides holiday packages and hotel reservations through an Internet-based platform, call-centers and branch offices, and Others, which include advertisement income from hosting advertisements on its Internet Web-sites, income from sale of rail and bus tickets and income from facilitating Website access to a travel insurance company. Through the Company's Website, www.makemytrip.com, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Internet & Direct Marketing Retail
Listed since
12 Aug 2010
Employees
5,507
Head office
19TH FLOOR, BUILDING NO.5,, GURGAON, K7, 122002
Incorporated in
O4
Classification
Transportation Services
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Deep KalraGroup Chairman of the Board, Founder, Chief Mentor, since 2001
  • Mr. Rajesh MagowGroup Chief Executive Officer, Co-Founder, Director
  • Mr. Dipak BohraGroup Chief Financial Officer
  • Mr. Mohit KabraGroup Chief Operating Officer, since 2013
  • Mr. James LiangDirector
  • Mr. Moshe RafiahDirector
  • Ms. Jane SunDirector
  • Mr. Xing XiongDirector
  • Mr. Aditya GuleriIndependent Director
  • Mr. Paul HalpinIndependent Director
  • Mr. Hashim JoomyeIndependent Director
  • Ms. Yihong Wu MayIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
36
Environment
58
Social
33
Governance
17
Direct emissions (scope 1)
6.38 t
Energy emissions (scope 2)
2,526.83 t
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • MakeMyTrip Ltd is a dominant player in the online travel industry, both in terms of market share and brand recognition. With a solid customer base and strong partnerships with airlines, hotels, and other service providers, the company enjoys a competitive advantage over its rivals.
  • MakeMyTrip offers a wide range of travel-related services, including flight and hotel bookings, holiday packages, bus and train tickets, car rentals, and travel insurance. This diverse portfolio allows the company to cater to various customer needs and ensures revenue generation from multiple channels.
  • The company's intuitive website and mobile app provide a seamless and convenient booking experience for users. The user-friendly interfaces, coupled with advanced search and filter options, make it easy for customers to find and book their desired travel services.

Weaknesses

  • MakeMyTrip relies on partnerships with airlines, hotels, and other service providers to offer its services. This dependency exposes the company to potential risks such as price fluctuations, limited availability, and service disruptions that are beyond its control. Any issues with these partners can directly impact MakeMyTrip's operations and customer experience.
  • The online travel industry is highly competitive, with numerous players vying for market share. MakeMyTrip faces tough competition from both local and international competitors, which puts pressure on pricing strategies and marketing efforts. Sustaining and growing its market position amidst intense competition presents a challenge for the company.

Opportunities

  • India's travel and tourism industry is witnessing significant growth, driven by rising disposable incomes, increasing internet penetration, and changing travel preferences. This presents an opportunity for MakeMyTrip to tap into a larger customer base and expand its services to cater to the evolving needs of Indian travelers.
  • MakeMyTrip can explore opportunities to expand its operations beyond India and enter new geographies. By leveraging its existing brand reputation, technology infrastructure, and industry expertise, the company can target markets with similar characteristics and grow its global footprint.

Threats

  • The travel industry is subject to various government regulations and policies, which can sometimes create challenges for MakeMyTrip. Changing regulations, licensing requirements, and compliance complexities can impact the company's operations and profitability.
  • Fluctuations in the economy, such as currency exchange rates, inflation, and income levels, can influence consumer spending patterns and travel preferences. MakeMyTrip is exposed to the risk of reduced travel demand during economic downturns, impacting its revenue and profitability.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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