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) Operating margin
MakeMyTrip Limited's operating margin over the twelve months to 30 September 2026 was 15.2%, up 0.2 percentage points from fiscal 2026 (14.9%). Over the past ten years it has ranged from −84.0% (fiscal 2020) to 14.9% (fiscal 2026) — the current reading is the highest in ten years. That is in line with the Travel Services industry median of 15.6% and above the Consumer Cyclical sector median of 3.88%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 14.9% | 2.69 |
| FY2025 | 12.3% | 3.92 |
| FY2024 | 8.33% | 4.35 |
| FY2023 | 3.98% | 13.97 |
| FY2022 | −9.99% | 31.42 |
| FY2021 | −41.4% | 42.54 |
| FY2020 | −84.0% | (52.48) |
| FY2019 | −31.5% | 1.03 |
| FY2018 | −32.5% | (2.25) |
| FY2017 | −30.3% | (10.36) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 15.6% | 0.29 |
| Jun 2026 | 15.3% | (0.81) |
| Mar 2026 | 16.1% | 2.28 |
| Dec 2025 | 13.8% | (1.19) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| VIK Viking Holdings Ltd. compare | 23.3% |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 17.5% |
| EXPE Expedia Group, Inc. compare | 17.2% |
| TCOM Trip.com Group Limited Sponsored ADR compare | 16.1% |
| MMYT MakeMyTrip Limited | 15.2% |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 13.9% |
| TNL Travel + Leisure Co. compare | 13.0% |
| LIND Lindblad Expeditions compare | 7.54% |
| TRIP TripAdvisor, Inc. compare | 0.00% |
| Travel Services industry median | 15.6% |
| Consumer Cyclical sector median | 3.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on MMYT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
- 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