Make My Trip Ltd - Understand $mmyt stock

$MMYT Market Cap: $12.8 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$882.6M

TTM

Gross Margin

71.96%

TTM

Net Earnings

$235.2M

TTM

Current Assets

$996.4M

Q3 2024

Current Liabilities

$353.7M

Q3 2024

Current Ratio

281.67%

Q3 2024

Total Assets

$1.779B

Q3 2024

Total Liabilities

$613.2M

Q3 2024

Book Value

$1.166B

Q3 2024

Cash

$401.9M

Q3 2024

P/E

54.45

Nov 29, 2024 EST

Free Cash Flow

-$13.46M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$782.5M	$593.0M	$303.9M	$163.4M	$511.5M	$486.0M	$675.3M	$447.6M	$336.1M	$299.7M	$255.4M	$228.8M	$196.6M	$124.7M	$83.60M	$68.60M	$38.30M
YoY Change	31.95%	95.13%	85.95%	-68.05%	5.25%	-28.03%	50.87%	33.17%	12.15%	17.35%	11.63%	16.38%	57.66%	49.16%	21.87%	79.11%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$782.5M	$593.0M	$303.9M	$163.4M	$511.5M	$486.0M	$675.3M	$447.6M	$336.1M	$299.7M	$255.4M	$228.8M	$196.6M	$124.7M	$83.60M	$68.60M	$38.30M
Cost Of Revenue	$215.1M	$177.6M	$58.75M	$22.31M	$154.3M	$173.4M	$175.9M	$173.9M	$167.0M	$160.7M	$149.0M	$140.7M	$108.4M	$63.70M	$43.30M	$43.60M	$21.80M
Gross Profit	$567.4M	$415.5M	$245.2M	$141.1M	$357.2M	$312.6M	$499.4M	$273.7M	$169.0M	$138.9M	$106.4M	$88.20M	$88.20M	$61.10M	$40.30M	$25.00M	$16.50M
Gross Profit Margin	72.51%	70.06%	80.67%	86.35%	69.83%	64.32%	73.95%	61.15%	50.28%	46.35%	41.66%	38.55%	44.86%	49.0%	48.21%	36.44%	43.08%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$270.9M	$233.6M	$238.6M	$173.2M	$435.1M	$426.6M	$678.8M	$372.2M	$217.9M	$140.7M	$110.0M	$97.80M	$77.20M	$51.90M	$42.40M	$31.60M	$29.40M
YoY Change	15.98%	-2.12%	37.81%	-60.2%	1.99%	-37.15%	82.38%	70.81%	54.87%	27.91%	12.47%	26.68%	48.75%	22.41%	34.18%	7.48%
% of Gross Profit	47.74%	56.22%	97.34%	122.7%	121.81%	136.47%	135.92%	135.99%	128.93%	101.3%	103.38%	110.88%	87.53%	84.94%	105.21%	126.4%	178.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$27.27M	$27.40M	$29.36M	$33.01M	$33.69M	$26.82M	$29.84M	$14.54M	$8.750M	$7.950M	$5.700M	$3.750M	$2.790M	$1.910M	$1.570M	$1.560M	$1.110M
YoY Change	-0.47%	-6.68%	-11.06%	-2.02%	25.62%	-10.12%	105.23%	66.17%	10.06%	39.47%	52.0%	34.41%	46.07%	21.66%	0.64%	40.54%
% of Gross Profit	4.81%	6.59%	11.97%	23.39%	9.43%	8.58%	5.98%	5.31%	5.18%	5.72%	5.36%	4.25%	3.16%	3.13%	3.9%	6.24%	6.73%
Operating Expenses	$502.2M	$391.9M	$270.7M	$208.4M	$483.6M	$465.6M	$715.5M	$393.9M	$233.3M	$153.4M	$122.9M	$106.1M	$84.10M	$56.90M	$46.30M	$35.40M	$32.80M
YoY Change	28.16%	44.77%	29.88%	-56.9%	3.87%	-34.93%	81.65%	68.84%	52.09%	24.82%	15.83%	26.16%	47.8%	22.89%	30.79%	7.93%
Operating Profit	$65.21M	$23.60M	-$25.51M	-$67.28M	-$126.4M	-$153.0M	-$216.1M	-$120.2M	-$64.30M	-$14.50M	-$16.50M	-$17.90M	$4.100M	$4.200M	-$6.000M	-$10.40M	-$16.30M
YoY Change	176.28%	-192.52%	-62.08%	-46.77%	-17.39%	-29.2%	79.78%	86.94%	343.45%	-12.12%	-7.82%	-536.59%	-2.38%	-170.0%	-42.31%	-36.2%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	$27.72M	-$35.75M	-$14.69M	$8.030M	-$14.70M	-$4.500M	$400.0K	$33.30M	-$17.60M	-$2.900M	-$1.900M	$1.500M	-$900.0K	$900.0K	-$100.0K	$3.200M	-$2.600M
YoY Change	-177.55%	143.28%	-282.99%	-154.63%	226.67%	-1225.0%	-98.8%	-289.2%	506.9%	52.63%	-226.67%	-266.67%	-200.0%	-1000.0%	-103.13%	-223.08%
% of Operating Profit	42.51%	-151.45%											-21.95%	21.43%
Other Income/Expense, Net	$28.87M	-$982.0K	-$1.614M	-$896.0K	-$3.400M	-$1.200M	-$1.100M	-$8.000M	-$3.000M	-$800.0K	-$3.600M	-$2.400M	-$2.200M	-$2.800M	-$100.0K
YoY Change	-3040.02%	-39.16%	80.13%	-73.65%	183.33%	9.09%	-86.25%	166.67%	275.0%	-77.78%	50.0%	9.09%	-21.43%	2700.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$92.94M	-$12.14M	-$46.67M	-$60.55M	-$447.5M	-$168.6M	-$220.1M	-$110.1M	-$88.40M	-$18.20M	-$20.80M	-$19.00M	$1.000M	$2.100M	-$6.200M	-$7.400M	-$18.90M
YoY Change	-865.3%	-73.98%	-22.92%	-86.47%	165.42%	-23.4%	99.91%	24.55%	385.71%	-12.5%	9.47%	-2000.0%	-52.38%	-133.87%	-16.22%	-60.85%
Income Tax	-$123.8M	-$976.0K	-$1.107M	-$4.507M	$0.00	-$700.0K	$100.0K	$200.0K	$200.0K	$100.0K	$100.0K	$8.600M	-$6.100M	-$2.700M	$0.00	$0.00	$0.00
% Of Pretax Income	-133.21%												-610.0%	-128.57%
Net Earnings	$216.8M	-$11.32M	-$45.41M	-$55.64M	-$447.8M	-$167.8M	-$218.4M	-$110.2M	-$88.50M	-$18.30M	-$20.90M	-$27.60M	$7.200M	$4.800M	-$6.200M	-$7.300M	-$18.90M
YoY Change	-2015.03%	-75.07%	-18.39%	-87.58%	166.87%	-23.17%	98.19%	24.52%	383.61%	-12.44%	-24.28%	-483.33%	50.0%	-177.42%	-15.07%	-61.38%
Net Earnings / Revenue	27.71%	-1.91%	-14.94%	-34.04%	-87.55%	-34.53%	-32.34%	-24.62%	-26.33%	-6.11%	-8.18%	-12.06%	3.66%	3.85%	-7.42%	-10.64%	-49.35%
Basic Earnings Per Share
Diluted Earnings Per Share	$1.83	-$0.10	-$418.6K	-$521.0K	-$4.257M	-$1.613M	-$2.175M	-$2.095M	-$2.122M	-$437.8K	-$552.9K	-$739.9K	$188.5K	$137.1K	-$354.3K	-$419.5K	-$1.086M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Cash & Short-Term Investments	$606.8M	$481.1M	$477.5M	$424.9M	$167.7M	$312.0M	$389.8M	$177.2M	$202.0M	$142.5M	$67.50M	$83.70M	$87.50M	$68.00M	$22.50M	$13.80M
YoY Change	26.13%	0.76%	12.37%	153.36%	-46.25%	-19.96%	119.98%	-12.28%	41.75%	111.11%	-19.35%	-4.34%	28.68%	202.22%	63.04%
Cash & Equivalents								$101.7M		$49.90M
Short-Term Investments	$399.0M	$274.3M	$291.3M	$193.4M	$49.50M	$134.0M	$282.3M	$75.50M	$148.6M	$92.60M	$30.60M	$54.40M	$68.60M	$60.70M	$13.20M	$8.400M
Other Short-Term Assets	$153.1M	$121.9M	$77.98M	$51.07M	$53.40M	$73.20M	$76.70M	$50.50M	$51.20M	$40.30M	$34.80M	$23.80M	$22.20M	$17.90M	$7.500M	$3.700M
YoY Change	25.58%	56.34%	52.7%	-4.37%	-27.05%	-4.56%	51.88%	-1.37%	27.05%	15.8%	46.22%	7.21%	24.02%	138.67%	102.7%
Inventory	$218.0K	$25.00K	$11.00K	$40.00K	$0.00	$600.0K	$600.0K	$300.0K	$500.0K	$2.000M	$500.0K	$1.500M	$2.400M	$0.00	$0.00	$800.0K
Prepaid Expenses
Receivables	$92.20M	$68.85M	$35.91M	$25.18M	$53.40M	$53.50M	$56.40M	$35.10M	$28.20M	$29.00M	$28.40M	$25.30M	$20.60M	$12.30M	$12.00M	$5.100M
Other Receivables	$4.971M	$49.00K	$0.00	$2.000K	$4.500M	$1.400M	$17.10M	$100.0K	$100.0K	$0.00	$2.200M	$7.500M	$5.900M	$3.800M	$1.000M	$900.0K
Total Short-Term Assets	$857.3M	$671.9M	$591.4M	$501.2M	$279.0M	$440.6M	$540.6M	$263.2M	$281.9M	$213.9M	$133.3M	$141.9M	$138.5M	$101.9M	$43.00M	$24.20M
YoY Change	27.59%	13.62%	17.99%	79.63%	-36.68%	-18.5%	105.4%	-6.63%	31.79%	60.47%	-6.06%	2.45%	35.92%	136.98%	77.69%
Property, Plant & Equipment	$25.90M	$25.38M	$19.31M	$22.16M	$36.00M	$13.50M	$13.70M	$15.30M	$10.30M	$8.900M	$8.500M	$9.200M	$7.100M	$3.800M	$3.700M	$3.500M
YoY Change	2.03%	31.41%	-12.84%	-38.45%	166.67%	-1.46%	-10.46%	48.54%	15.73%	4.71%	-7.61%	29.58%	86.84%	2.7%	5.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.349M	$8.956M	$7.595M	$35.81M	$9.300M	$11.00M	$22.70M	$44.20M	$44.20M	$8.500M	$80.80M	$7.200M	$5.900M	$700.0K	$1.300M	$7.800M
YoY Change	-51.44%	17.92%	-78.79%	285.09%	-15.45%	-51.54%	-48.64%	0.0%	420.0%	-89.48%	1022.22%	22.03%	742.86%	-46.15%	-83.33%
Other Assets	$129.4M	$53.00K	$82.00K	$33.00K	$100.0K	$2.300M	$3.200M	$29.90M	$5.400M	$500.0K	$500.0K	$500.0K	$700.0K	$200.0K	$100.0K	$200.0K
YoY Change	244054.72%	-35.37%	148.48%	-67.0%	-95.65%	-28.13%	-89.3%	453.7%	980.0%	0.0%	0.0%	-28.57%	250.0%	100.0%	-50.0%
Total Long-Term Assets	$802.8M	$687.9M	$731.4M	$807.8M	$804.2M	$1.130B	$1.225B	$1.282B	$119.1M	$65.70M	$136.5M	$52.70M	$31.70M	$11.00M	$7.600M	$13.70M
YoY Change	16.7%	-5.94%	-9.46%	0.45%	-28.81%	-7.77%	-4.42%	976.07%	81.28%	-51.87%	159.01%	66.25%	188.18%	44.74%	-44.53%
Total Assets	$1.660B	$1.360B	$1.323B	$1.309B	$1.083B	$1.570B	$1.766B	$1.545B	$401.0M	$279.6M	$269.8M	$194.6M	$170.2M	$112.9M	$50.60M	$37.90M
YoY Change
Accounts Payable	$67.05M	$45.75M	$33.52M	$23.81M	$21.00M	$69.20M	$74.80M	$121.6M	$33.20M	$103.7M	$36.10M	$47.10M	$25.40M	$13.20M	$14.00M	$7.500M
YoY Change	46.57%	36.49%	40.76%	13.39%	-69.65%	-7.49%	-38.49%	266.27%	-67.98%	187.26%	-23.35%	85.43%	92.42%	-5.71%	86.67%
Accrued Expenses	$59.96M	$50.96M	$35.36M	$36.68M	$56.80M	$47.70M	$43.00M		$29.40M		$16.30M	$11.70M	$10.30M	$6.900M	$6.400M	$3.200M
YoY Change	17.66%	44.11%	-3.6%	-35.42%	19.08%	10.93%					39.32%	13.59%	49.28%	7.81%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$200.0K	$7.200M	$100.0K	$0.00	$1.000M	$100.0K	$3.900M	$44.80M	$47.60M
YoY Change							-100.0%	-97.22%	7100.0%		-100.0%	900.0%	-97.44%	-91.29%	-5.88%
Long-Term Debt Due	$4.806M	$219.5M	$2.776M	$2.339M	$4.000M	$200.0K	$200.0K		$2.000M		$100.0K
YoY Change	-97.81%	7807.56%	18.68%	-41.53%	1900.0%	0.0%
Total Short-Term Liabilities	$297.6M	$453.7M	$191.2M	$194.2M	$179.9M	$204.6M	$200.0M	$134.4M	$124.1M	$115.7M	$96.10M	$84.10M	$49.10M	$35.30M	$72.70M	$61.90M
YoY Change	-34.41%	137.25%	-1.53%	7.95%	-12.07%	2.3%	48.81%	8.3%	7.26%	20.4%	14.27%	71.28%	39.09%	-51.44%	17.45%
Long-Term Debt	$216.8M	$15.65M	$213.8M	$201.6M	$21.60M	$500.0K	$400.0K	$500.0K	$195.3M	$400.0K	$200.0K	$300.0K	$200.0K	$100.0K	$100.0K	$0.00
YoY Change	1285.42%	-92.68%	6.05%	833.41%	4220.0%	25.0%	-20.0%	-99.74%	48725.0%	100.0%	-33.33%	50.0%	100.0%	0.0%
Other Long-Term Liabilities	$24.51M	$13.64M	$18.65M	$18.15M	$17.70M	$7.300M	$6.000M	$4.200M	$3.800M	$5.500M	$11.00M	$7.800M	$2.200M	$1.200M	$2.800M	$3.200M
YoY Change	79.73%	-26.86%	2.75%	2.54%	142.47%	21.67%	42.86%	10.53%	-30.91%	-50.0%	41.03%	254.55%	83.33%	-57.14%	-12.5%
Total Long-Term Liabilities	$241.3M	$29.29M	$232.5M	$219.8M	$39.30M	$7.800M	$6.400M	$4.700M	$199.1M	$5.900M	$11.20M	$8.100M	$2.400M	$1.300M	$2.900M	$3.200M
YoY Change	723.96%	-87.4%	5.78%	459.2%	403.85%	21.88%	36.17%	-97.64%	3274.58%	-47.32%	38.27%	237.5%	84.62%	-55.17%	-9.38%
Total Liabilities	$549.2M	$490.3M	$428.6M	$421.5M	$225.0M	$213.1M	$206.8M	$140.0M	$323.4M	$122.4M	$108.3M	$93.30M	$51.50M	$36.70M	$75.60M	$65.10M
YoY Change	12.03%	14.38%	1.69%	87.33%	5.58%	3.05%	47.71%	-56.71%	164.22%	13.02%	16.08%	81.17%	40.33%	-51.46%	16.13%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $12.804 Billion

About MakeMyTrip Ltd

MakeMyTrip Ltd. is an online travel company. The company is headquartered in Gurgaon, Haryana and currently employs 4,576 full-time employees. The company went IPO on 2010-08-12. The firm's segments include Air Ticketing, Hotels and Packages and Bus Ticketing. The Air ticketing segment provides the facility to book domestic and international air tickets through Internet-based platforms. The Hotels and packages segment provides holiday packages and hotel reservations through Internet-based platforms, call centers, and franchise stores. The Bus ticketing segment provides the facility to book domestic and international bus tickets through Internet-based platforms. Through its primary websites, such as www.makemytrip.com, www.goibibo.com, and www.redbus.in, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas. The firm's services and products include air ticketing, hotels and packages, bus tickets, rail tickets, car hire, activities and experiences, and ancillary travel requirements. The company also provides an inter-city car rental service.

Industry: Transportation Services Peers: