MakeMyTrip Financials

MMYT Stock  USD 114.74  0.63  0.55%   
Based on the analysis of MakeMyTrip's profitability, liquidity, and operating efficiency, MakeMyTrip Limited is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, MakeMyTrip's Short Term Investments are comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 258.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 171.5 M in 2024. Key indicators impacting MakeMyTrip's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.622.8809
Way Down
Slightly volatile
The financial analysis of MakeMyTrip is a critical element in measuring its lifeblood. Investors should not minimize MakeMyTrip's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

227.64 Million

  
Understanding current and past MakeMyTrip Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MakeMyTrip's financial statements are interrelated, with each one affecting the others. For example, an increase in MakeMyTrip's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in MakeMyTrip's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MakeMyTrip Limited. Check MakeMyTrip's Beneish M Score to see the likelihood of MakeMyTrip's management manipulating its earnings.

MakeMyTrip Stock Summary

MakeMyTrip competes with Tuniu Corp, Mondee Holdings, Amadeus IT, Travel Leisure, and TripAdvisor. MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India. Makemytrip operates under Travel Services classification in the United States and is traded on NASDAQ Exchange. It employs 3338 people.
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINMU0295S00016
CUSIPV5633W109
LocationIndia
Business AddressBuilding No 5,
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.makemytrip.com
Phone91 12 4439 5000
CurrencyUSD - US Dollar

MakeMyTrip Key Financial Ratios

MakeMyTrip Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.3B1.3B1.4B1.7B902.9M
Other Current Liab71.8M168.0M154.9M188.4M132.7M139.3M
Other Liab19.4M22.0M21.2M14.5M16.6M9.8M
Net Debt(104.3M)(91.1M)3.3M(48.9M)(105.4M)(100.2M)
Retained Earnings(1.1B)(1.2B)(1.2B)(1.2B)(1.0B)(969.5M)
Accounts Payable70.7M23.8M33.5M45.7M67.1M55.5M
Cash129.9M295.1M213.3M284.0M327.1M343.4M
Other Assets36.9M29.0M18.8M24.6M28.3M24.4M
Long Term Debt698K201.6M213.8M15.7M203.8M214.0M
Net Receivables57.9M25.2M35.9M68.8M97.2M102.0M
Inventory36K40K11K25K145.6M152.9M
Other Current Assets53.4M51.1M5.1M122.0M153.1M160.8M
Total Liab220.9M417.8M426.3M483.8M543.7M570.8M
Total Current Assets279.0M501.2M591.4M671.9M857.3M900.1M
Short Term Debt4.0M2.3M2.8M219.5M4.8M4.6M
Intangible Assets114.7M101.0M84.5M67.5M53.5M67.8M
Good Will607.2M619.9M601.2M561.5M559.9M502.1M
Net Tangible Assets136.2M166.6M208.5M240.6M276.7M216.9M
Short Long Term Debt333K2.3M2.8M219.5M1.1M1.1M

MakeMyTrip Key Income Statement Accounts

The reason investors look at the income statement is to determine what MakeMyTrip's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense21.4M4.8M26.3M46.7M17.7M10.1M
Total Revenue511.5M163.4M303.9M593.0M782.5M821.7M
Gross Profit357.2M141.1M245.2M415.5M419.8M219.9M
Operating Income(157.3M)(67.7M)(20.3M)34.6M65.2M68.5M
Ebit(157.3M)(55.9M)(30.7M)5.1M111.5M117.1M
Ebitda(120.3M)(22.9M)(1.2M)32.5M138.8M145.7M
Cost Of Revenue154.3M22.3M58.8M177.6M362.7M380.8M
Income Before Tax(447.5M)(60.5M)(46.7M)(12.1M)92.9M97.6M
Net Income(447.5M)(56.0M)(45.6M)(11.2M)216.8M227.6M
Income Tax Expense(29K)(4.5M)(1.1M)(976K)(123.8M)(117.6M)
Minority Interest4.1M3.7M162K(153K)58K55.1K
Tax Provision(29K)(4.5M)(1.1M)(976K)(123.8M)(117.6M)
Interest Income3.3M12.1M10.0M11.0M24.3M25.5M
Net Interest Income(1.4M)7.3M(16.3M)(35.8M)36.1M37.9M

MakeMyTrip Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(48.1M)165.2M(81.8M)70.7M43.0M45.2M
Free Cash Flow(125.5M)55.8M(6.9M)15.2M112.9M118.6M
Depreciation33.7M33.0M29.4M27.2M27.2M16.6M
Other Non Cash Items320.4M(8.6M)13.8M33.6M(26.5M)(25.2M)
Capital Expenditures12.8M8.8M12.9M16.9M5.9M9.3M
Net Income(447.5M)(56.0M)(45.6M)(11.2M)216.8M227.6M
End Period Cash Flow129.9M295.1M213.3M284.0M327.1M343.4M
Change To Inventory560K(2K)29K(6K)(195K)(185.3K)
Investments73.8M(116.4M)(111.2M)46.8M(75.6M)(71.8M)
Net Borrowings97K(5.8M)227.6M(1.1M)(1.2M)(1.2M)
Change To Netincome353.5M34.4M60.2M95.7M110.0M77.7M

MakeMyTrip Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MakeMyTrip's current stock value. Our valuation model uses many indicators to compare MakeMyTrip value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MakeMyTrip competition to find correlations between indicators driving MakeMyTrip's intrinsic value. More Info.
MakeMyTrip Limited is regarded second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.14  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MakeMyTrip Limited is roughly  6.98 . At this time, MakeMyTrip's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value MakeMyTrip by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MakeMyTrip Limited Systematic Risk

MakeMyTrip's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MakeMyTrip volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on MakeMyTrip Limited correlated with the market. If Beta is less than 0 MakeMyTrip generally moves in the opposite direction as compared to the market. If MakeMyTrip Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MakeMyTrip Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MakeMyTrip is generally in the same direction as the market. If Beta > 1 MakeMyTrip moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in MakeMyTrip Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MakeMyTrip's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MakeMyTrip growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.017)

At this time, MakeMyTrip's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

MakeMyTrip November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MakeMyTrip help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MakeMyTrip Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of MakeMyTrip Limited based on widely used predictive technical indicators. In general, we focus on analyzing MakeMyTrip Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MakeMyTrip's daily price indicators and compare them against related drivers.

Additional Tools for MakeMyTrip Stock Analysis

When running MakeMyTrip's price analysis, check to measure MakeMyTrip's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.