stockrowMakeMyTrip Limited
MMYT Consumer Cyclical Travel Services
MakeMyTrip Limited’s revenue for fiscal 2026 (year ended March 2026) was $1.0 billion, up 6.71% from fiscal 2025.
- Revenue
- +2.54%
- EPS
- +130.5%
- Free cash flow
- +3.81%
- Total debt
- +5.58%
Quarter to September 2026, against a year earlier
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MakeMyTrip Limited (MMYT) Debt to equity
MakeMyTrip Limited's debt to equity at the end of the quarter to 30 September 2026 was −18.1×, up 6.0× from fiscal 2026 (−24.0×). Over the past ten years it has ranged from −24.0× (fiscal 2026) to 2.5× (fiscal 2016) — the current reading is the lowest in ten years. That is below the Travel Services industry median of 0.2× and below the Consumer Cyclical sector median of 0.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | −24.0× | — |
| FY2025 | 0.2× | (1.56%) |
| FY2024 | 0.2× | (26.04%) |
| FY2023 | 0.3× | 11.09% |
| FY2022 | 0.2× | 5.55% |
| FY2021 | 0.2× | 670.71% |
| FY2020 | 0.0× | 5,840.00% |
| FY2019 | 0.0× | 25.00% |
| FY2018 | 0.0× | (20.00%) |
| FY2017 | 0.0× | (99.98%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | −18.1× | — |
| Jun 2026 | −24.2× | — |
| Mar 2026 | −24.0× | — |
| Dec 2025 | −192× | — |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| MMYT MakeMyTrip Limited | −18.1× |
| LIND Lindblad Expeditions compare | −6.4× |
| TNL Travel + Leisure Co. compare | −6.0× |
| TCOM Trip.com Group Limited Sponsored ADR compare | 0.2× |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 0.4× |
| EXPE Expedia Group, Inc. compare | 1.9× |
| TRIP TripAdvisor, Inc. compare | 2.3× |
| VIK Viking Holdings Ltd. compare | 3.7× |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 4.8× |
| Travel Services industry median | 0.2× |
| Consumer Cyclical sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on MMYT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement