MakeMyTrip Limited (MMYT) Research

MakeMyTrip Limited operates as a prominent online travel platform, offering a wide array of travel products and solutions across an extensive global footprint, including India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Its operations are strategically divided into three key segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The company provides a comprehensive suite of services, encompassing airline reservations, hotel accommodations, complete travel packages, train and bus tickets, and car rentals. Beyond these core offerings, it also addresses supplementary travel needs such as visa assistance and arranging travel insurance. Travelers can seamlessly research, plan, reserve, and purchase these services and products through MakeMyTrip's diverse digital and traditional channels. These include its popular web portals like makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae, alongside its mobile application, dedicated call centers, physical travel stores, and an expansive network of travel agents. As of March 31, 2022, MakeMyTrip further extended its reach with approximately 125 franchisee-owned travel outlets. The company caters to a broad clientele, serving both individual vacationers and business clients. Established in 2000, MakeMyTrip Limited maintains its headquarters in Gurugram, India.

Market snapshot

Symbol
MMYT
Price
$46.72
Day change
+2.79%
Market cap
$4.4B
P/E ratio
87.59x
52-week range
32.67-104.99
Sector
Consumer Cyclical
Industry
Travel Services
Next earnings
in 1 month
Analyst price target
$91.00

Recent news

  • MakeMyTrip Hit By Short Seller Morpheus Research Report Alleging Regulatory Violations, Accounting Concerns

    MakeMyTrip Ltd (NASDAQ: MMYT) shares faced downward pressure on Monday following a report from Morpheus Research, an activist short-selling firm.

Peer companies

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  • Birkenstock Holding plc (BIRK)
  • Dutch Bros Inc. (BROS)
  • Lithia Motors, Inc. (LAD)
  • Levi Strauss & Co. (LEVI)
  • LKQ Corporation (LKQ)
  • Modine Manufacturing Company (MOD)
  • Murphy USA Inc. (MUSA)

Recent insider activity

  • Bohra Dipak Kumar — trade (7095 shares) on 2026-03-17
  • Kabra Mohit — trade (209021 shares) on 2026-03-17
  • Kabra Mohit — trade (21900 shares) on 2022-08-19
  • Magow Rajesh — trade (1377087 shares) on 2026-03-17
  • Magow Rajesh — trade (235100 shares) on 2022-08-19

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