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

51.29 0.54 +1.06%
Market cap
$4.8B
P/E
120×
Fwd P/E
123×
Dividend yield
—
F-score
7/9
Altman Z
0.40
Beneish M
−3.40
Dividend safety
n/a

MakeMyTrip Limited (MMYT) Net margin

Alert me on 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

Embed this chart

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

Against its own ten years

Low −87.5% High 27.7%
Ten-year median −19.8%
Current reading's percentile 77

Net margin against peers

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

The full definition of Net margin →

More on MMYT