MakeMyTrip 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) Net margin
MakeMyTrip Limited's net margin over the twelve months to 30 September 2026 was 3.91%, down 1.0 percentage points from fiscal 2026 (4.96%). Over the past ten years it has ranged from −87.5% (fiscal 2020) to 27.7% (fiscal 2024); the current reading is higher than 83% of that period. That is below the Travel Services industry median of 8.07% and above the Consumer Cyclical sector median of 2.12%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2026 | 4.96% | (4.76) |
| FY2025 | 9.72% | (17.99) |
| FY2024 | 27.7% | 29.62 |
| FY2023 | −1.91% | 13.03 |
| FY2022 | −14.9% | 19.10 |
| FY2021 | −34.0% | 53.50 |
| FY2020 | −87.5% | (53.02) |
| FY2019 | −34.5% | (2.17) |
| FY2018 | −32.4% | (7.74) |
| FY2017 | −24.6% | 1.73 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 0.78% | (2.14) |
| Jun 2026 | 2.92% | (6.77) |
| Mar 2026 | 9.69% | 7.24 |
| Dec 2025 | 2.45% | 4.90 |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| TCOM Trip.com Group Limited Sponsored ADR compare | 36.4% |
| VIK Viking Holdings Ltd. compare | 19.3% |
| EXPE Expedia Group, Inc. compare | 13.0% |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 8.20% |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 7.94% |
| TNL Travel + Leisure Co. compare | 5.64% |
| MMYT MakeMyTrip Limited | 3.91% |
| LIND Lindblad Expeditions compare | 0.47% |
| TRIP TripAdvisor, Inc. compare | −21.6% |
| Travel Services industry median | 8.07% |
| Consumer Cyclical sector median | 2.12% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on MMYT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement