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Upturn AI SWOT - About
MMYT 
MakeMyTrip Limited (MMYT)
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Upturn Advisory Summary
08/28/2025: MMYT (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $120.11
1 Year Target Price $120.11
| 5 | Strong Buy |
| 4 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 116.21% | Avg. Invested days 53 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.56B USD | Price to earnings Ratio 114.83 | 1Y Target Price 120.11 |
Price to earnings Ratio 114.83 | 1Y Target Price 120.11 | ||
Volume (30-day avg) 10 | Beta 0.86 | 52 Weeks Range 81.84 - 123.00 | Updated Date 08/29/2025 |
52 Weeks Range 81.84 - 123.00 | Updated Date 08/29/2025 | ||
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 114.83 | Forward PE - | Enterprise Value 9032944023 | Price to Sales(TTM) 9.63 |
Enterprise Value 9032944023 | Price to Sales(TTM) 9.63 | ||
Enterprise Value to Revenue 9.23 | Enterprise Value to EBITDA 56.47 | Shares Outstanding 89851696 | Shares Floating 39264586 |
Shares Outstanding 89851696 | Shares Floating 39264586 | ||
Percent Insiders 17.8 | Percent Institutions 95.65 |
Upturn AI SWOT
MakeMyTrip Limited
Company Overview
History and Background
MakeMyTrip Limited was founded in 2000 by Deep Kalra. Initially focused on serving the US-India travel market, it expanded to offer a wide range of travel services in India and other international markets. It became publicly listed in 2010.
Core Business Areas
- Air Ticketing: Facilitates booking of airline tickets for domestic and international travel. They earn commission on each ticket sold.
- Hotels and Packages: Provides hotel booking services and customized vacation packages. Generates revenue through commissions and markups.
- Other Travel Services: Offers rail tickets, bus tickets, car rentals, and other ancillary travel-related services. This includes facilitating visa applications and travel insurance.
Leadership and Structure
The company is led by Rajesh Magow (Group CEO). The organizational structure consists of various functional departments including technology, marketing, finance, and operations, reporting to the CEO.
Top Products and Market Share
Key Offerings
- Air Ticketing: Provides flight booking services. While precise market share fluctuates, MakeMyTrip is a leading player in the Indian online air ticketing market. Competitors include EaseMyTrip, Yatra, and Cleartrip. Revenue from this segment contributes substantially to the total revenue. Market Share est 20-25% in India
- Competitors: EaseMyTrip, Yatra, Cleartrip, IRCTC
- Description: Facilitates the booking of airline tickets for both domestic and international flights. This segment includes a wide range of airlines and fare options, catering to various customer needs and budgets.
- Competitors: Booking.com, Agoda, Oyo Rooms
- Description: Enables users to book accommodations ranging from budget hotels to luxury resorts, as well as tailor-made vacation packages including flights, hotels, and activities. This segment is a significant revenue generator.
- Hotels and Packages: Offers hotel booking services and customized vacation packages. Market share varies by region, but it is a significant player in the online hotel booking space in India. Competitors include Booking.com, Agoda, and Oyo Rooms. Revenue generated is also substantial. Market Share est 25-30% in India
Market Dynamics
Industry Overview
The online travel industry is experiencing growth driven by increased internet penetration, mobile usage, and disposable incomes. The market is competitive with numerous players offering similar services.
Positioning
MakeMyTrip is a leading online travel aggregator (OTA) in India. Its competitive advantages include brand recognition, a large customer base, and a comprehensive range of travel services.
Total Addressable Market (TAM)
The Indian travel market is estimated to be worth over $40 billion and expected to grow substantially in the coming years. MakeMyTrip is well-positioned to capture a significant share of this TAM due to its strong brand and established presence.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Large customer base
- Comprehensive range of travel services
- Established technology platform
- Partnerships with leading airlines and hotels
Weaknesses
- High customer acquisition costs
- Dependence on the Indian travel market
- Vulnerability to economic downturns
- Negative or thin profitability margins
Opportunities
- Expanding into new international markets
- Increasing penetration in smaller Indian cities
- Offering new and innovative travel services
- Leveraging data analytics to personalize customer experiences
Threats
- Intense competition from other OTAs
- Disruption from new technologies
- Economic downturns impacting travel demand
- Changes in government regulations
Competitors and Market Share
Key Competitors
- BKNG
- EXPE
- CDRE
Competitive Landscape
MakeMyTrip has advantages in the Indian market due to brand recognition and local expertise. Competitors like Booking.com and Expedia have greater global reach.
Major Acquisitions
ibibo Group
- Year: 2016
- Acquisition Price (USD millions): 720
- Strategic Rationale: Consolidated its position in the Indian online travel market and expanded its hotel and bus booking business.
Growth Trajectory and Initiatives
Historical Growth: MakeMyTrip has experienced significant growth in revenue and user base over the past years, driven by the expansion of the Indian online travel market.
Future Projections: Analysts expect MakeMyTrip to continue to grow in the coming years, driven by increased internet penetration and mobile usage in India.
Recent Initiatives: Recent initiatives include focusing on technology improvements, expanding into new markets, and offering new travel services to grow customer base.
Summary
MakeMyTrip is a leading online travel aggregator in India, benefiting from a strong brand and established presence. The company's growth is tied to the Indian market, and it faces competition from global players. While it is growing, it operates with low-profit margins. Future success depends on its ability to expand into new markets and leverage technology effectively.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Annual Reports
- Industry Reports
- Analyst Reports
Disclaimers:
This analysis is based on available information and estimates. Actual results may vary. Data is not guaranteed to be accurate or complete.
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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