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Upturn AI SWOT - About
MMYT 
MakeMyTrip Limited (MMYT)
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Upturn Advisory Summary
10/17/2025: MMYT (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $119
1 Year Target Price $119
| 5 | Strong Buy |
| 4 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 103.77% | Avg. Invested days 55 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/17/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.47B USD | Price to earnings Ratio 103.51 | 1Y Target Price 119 |
Price to earnings Ratio 103.51 | 1Y Target Price 119 | ||
Volume (30-day avg) 10 | Beta 0.81 | 52 Weeks Range 81.84 - 123.00 | Updated Date 10/19/2025 |
52 Weeks Range 81.84 - 123.00 | Updated Date 10/19/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.86 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 10.07% | Operating Margin (TTM) 15.01% |
Management Effectiveness
Return on Assets (TTM) 2.53% | Return on Equity (TTM) 16.56% |
Valuation
Trailing PE 103.51 | Forward PE - | Enterprise Value 8451593488 | Price to Sales(TTM) 8.53 |
Enterprise Value 8451593488 | Price to Sales(TTM) 8.53 | ||
Enterprise Value to Revenue 8.64 | Enterprise Value to EBITDA 52.84 | Shares Outstanding 89851697 | Shares Floating 39264586 |
Shares Outstanding 89851697 | Shares Floating 39264586 | ||
Percent Insiders 17.8 | Percent Institutions 96.01 |
Upturn AI SWOT
MakeMyTrip Limited
Company Overview
History and Background
MakeMyTrip Limited was founded in 2000 by Deep Kalra. Initially focused on the US-India travel market, it later expanded to offer domestic travel services within India. It went public in 2010.
Core Business Areas
- Air Ticketing: Provides booking services for domestic and international flights.
- Hotels and Packages: Offers hotel booking services and holiday packages.
- Other Travel Services: Includes rail ticketing, bus ticketing, car rentals, and ancillary travel-related services.
Leadership and Structure
Deep Kalra is the Chairman and Group CEO. Rajesh Magow is the Group CEO. The company operates with a board of directors and various management teams overseeing different business segments.
Top Products and Market Share
Key Offerings
- Flights: Flight ticket bookings are a core offering. MakeMyTrip is a major player in the Indian online travel market. Competitors include Yatra, EaseMyTrip, and Booking Holdings (BKNG).
- Hotels: Hotel bookings contribute significantly to revenue. Competitors include Oyo, Booking Holdings (BKNG) and Expedia Group (EXPE).
- Holiday Packages: Customizable travel packages catering to diverse customer needs. Competitors are largely the same as above.
Market Dynamics
Industry Overview
The online travel market is competitive and growing, driven by increasing internet penetration and disposable incomes, particularly in India. There's high competition and seasonality in the industry.
Positioning
MakeMyTrip is a leading online travel agency (OTA) in India, with a strong brand presence and a wide range of services. It has a competitive advantage in the Indian market through its brand recognition and scale.
Total Addressable Market (TAM)
The Indian travel market is estimated to be worth billions of dollars, and is expected to grow rapidly in the coming years. MakeMyTrip is positioned to capture a significant share of this growing market through its brand recognition, extensive service offerings, and technological capabilities.
Upturn SWOT Analysis
Strengths
- Strong brand recognition in India
- Wide range of travel services
- Established online platform
- Large customer base
- Technological capabilities
Weaknesses
- High dependence on the Indian market
- Seasonality in travel demand
- Intense competition
- Reliance on third-party suppliers
Opportunities
- Expanding into new markets
- Increasing mobile penetration in India
- Growing demand for online travel services
- Developing new travel products and services
- Acquiring smaller competitors
Threats
- Economic slowdown in India
- Increased competition from global OTAs
- Changes in government regulations
- Fluctuations in currency exchange rates
- Geopolitical Instability
Competitors and Market Share
Key Competitors
- BKNG
- EXPE
- TRIP
Competitive Landscape
MakeMyTrip faces intense competition from both domestic and international players. Its competitive advantage lies in its strong brand recognition in India and its wide range of services. However, global OTAs like Booking Holdings and Expedia Group have greater financial resources and technological capabilities.
Major Acquisitions
ibibo Group
- Year: 2016
- Acquisition Price (USD millions):
- Strategic Rationale: Consolidation of online travel market share in India.
Growth Trajectory and Initiatives
Historical Growth: MakeMyTrip has experienced significant growth in revenue and customer base over the past decade, driven by the expansion of the Indian online travel market.
Future Projections: Future growth is projected to be driven by increasing internet penetration in India, rising disposable incomes, and the growing popularity of online travel booking.
Recent Initiatives: Recent initiatives include expanding its hotel network, launching new travel products, and investing in technology to improve the user experience.
Summary
MakeMyTrip is a leading online travel agency in India, benefiting from a strong brand and a wide range of services. While it faces intense competition and seasonality, it is positioned to capitalize on the growing Indian travel market. The dependence on the Indian market is a risk, and international players pose a continuous threat. It needs to ensure consistent service excellence.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Financial News Providers
- Industry Reports
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share data is estimated and may vary. Financial information needs to be sourced from the company and reliable financial news sources.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MakeMyTrip Limited
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2010-08-12 | Co-Founder, Group CEO & Director Mr. Rajesh Magow | ||
Sector Consumer Cyclical | Industry Travel Services | Full time employees 5122 | Website https://www.makemytrip.com |
Full time employees 5122 | Website https://www.makemytrip.com | ||
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.
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