MakeMyTrip Ltd

EDGAR

Annual consolidated revenue for 2026: about USD 1.044B, using the latest reported figures. The previous period, 2025, was about USD 978.3M.

Watchlist

Latest quarter

Revenue

88.6 million USD

2022 Q4 · USD

Exact inputs and evidence

Operating margin

3.78%

2022 Q4 · %

Exact inputs and evidence
  • Operating Income: 3353000 USD Source
  • Revenue: 88587000 USD Source
Cash and cash equivalents
425 million USD Source
Exact value

424826000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

304 million USD

2021-04-01 – 2022-03-31

Exact inputs and evidence
  • Revenue: 32833000 USD · 2021-04-01 – 2021-06-30 Source
  • Revenue: 67479000 USD · 2021-07-01 – 2021-09-30 Source
  • Revenue: 115023000 USD · 2021-10-01 – 2021-12-31 Source
  • Revenue: 88587000 USD · 2022-01-01 – 2022-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-09-28.

Financial data available through: 2026-03-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2026-03-31
  • Operating income: 11 of 11 periods available· newest 2026-03-31
  • Net income: 11 of 11 periods available· newest 2026-03-31
  • Operating cash flow: 11 of 11 periods available· newest 2026-03-31
  • Capital expenditure: 11 of 11 periods available· newest 2026-03-31
  • Total assets: 10 of 11 periods available· newest 2026-03-31
  • Total liabilities: 10 of 11 periods available· newest 2026-03-31
  • Current assets: 10 of 11 periods available· newest 2026-03-31
  • Current liabilities: 10 of 11 periods available· newest 2026-03-31
  • Cash and cash equivalents: 10 of 11 periods available· newest 2026-03-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +6.7%

    Prior period

    USD 978.34 million

    –

    Current period

    USD 1.04 billion

    –

    Exact inputs and evidence

    1043991000 − 978336000 = 65655000 USD

    978336000 USD · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    1043991000 USD · 2025-04-01 – 2026-03-31

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  • Net income

    -45.5%

    Prior period

    USD 95.1 million

    –

    Current period

    USD 51.8 million

    –

    Exact inputs and evidence

    51804000 − 95101000 = -43297000 USD

    95101000 USD · 2024-04-01 – 2025-03-31

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    51804000 USD · 2025-04-01 – 2026-03-31

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  • Operating cash flow

    -1.5%

    Prior period

    USD 185.29 million

    –

    Current period

    USD 182.54 million

    –

    Exact inputs and evidence

    182537000 − 185286000 = -2749000 USD

    185286000 USD · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    182537000 USD · 2025-04-01 – 2026-03-31

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  • Capital expenditure

    +0.8%

    Prior period

    USD 4.47 million

    –

    Current period

    USD 4.51 million

    –

    Exact inputs and evidence

    4511000 − 4473000 = 38000 USD

    4473000 USD · 2024-04-01 – 2025-03-31

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    4511000 USD · 2025-04-01 – 2026-03-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2026 2025-04-01 – 2026-03-31

  • Revenue USD 1.04 billion 100% of revenue
  • Operating costs Derived USD 888.02 million 85% of revenue
  • Operating income USD 155.98 million 15% of revenue
  • Tax, interest and other Derived USD 104.17 million 10% of revenue
  • Net income USD 51.8 million 5% of revenue

Cash

  • Operating cash flow USD 182.54 million 17% of revenue
  • Capital expenditure USD 4.51 million 0.4% of revenue
  • Free cash flow Derived USD 178.03 million 17% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2017 Operating loss: operating costs were 130% of revenue.
  • 2018 Operating loss: operating costs were 132% of revenue.
  • 2019 Operating loss: operating costs were 131% of revenue.
  • 2020 Operating loss: operating costs were 184% of revenue.
  • 2021 Operating loss: operating costs were 141% of revenue.
  • 2022 Operating loss: operating costs were 110% of revenue.
  • 2023 Net loss: net income was −1.9% of revenue.
  • 2024 Net income was higher than operating income, so the split is not drawn.
  • 2025 9.7%88%
  • 2026 10%85%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2017 2016-04-01 – 2017-03-31447616000 583003000 Derived -135387000 -25219000 Derived -110168000 -117213000 Derived
Source
2018 2017-04-01 – 2018-03-31675256000 894695000 Derived -219439000 -1027000 Derived -218412000 -129736000 Derived
Source
2019 2018-04-01 – 2019-03-31486011000 638951000 Derived -152940000 14819000 Derived -167759000 -82383000 Derived
Source
2020 2019-04-01 – 2020-03-31511529000 940939000 Derived -429410000 18371000 Derived -447781000 -116271000 Derived
Source
2021 2020-04-01 – 2021-03-31163440000 231123000 Derived -67683000 -12044000 Derived -55639000 63884000 Derived
Source
2022 2021-04-01 – 2022-03-31303922000 334288000 Derived -30366000 15039000 Derived -45405000 3102000 Derived
Source
2023 2022-04-01 – 2023-03-31593036000 569432000 Derived 23604000 34925000 Derived -11321000 24724000 Derived
Source
2024 2023-04-01 – 2024-03-31782524000 717310000 Derived 65214000 -151587000 Derived 216801000 119836000 Derived
Source
2025 2024-04-01 – 2025-03-31978336000 858447000 Derived 119889000 24788000 Derived 95101000 180813000 Derived
Source
2026 2025-04-01 – 2026-03-311043991000 888016000 Derived 155975000 104171000 Derived 51804000 178026000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1B 2026
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.1B845.6M563.8M281.9M0.0201720222026
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Revenue447616000
2018Revenue675256000
2019Revenue486011000
2020Revenue511529000
2021Revenue163440000
2022Revenue303922000
2023Revenue593036000
2024Revenue782524000
2025Revenue978336000
2026Revenue1043991000

Revenue growth

Change in revenue from the same financial period one year earlier.

6.7% 2026
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.108%61%14%-34%-81%201720222026
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2017Year over year33.2%
2018Year over year50.9%
2019Year over year-28%
2020Year over year5.3%
2021Year over year-68%
2022Year over year86%
2023Year over year95.1%
2024Year over year32%
2025Year over year25%
2026Year over year6.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 14.9% 2026
Net margin 5% 2026
Free cash flow margin 17.1% 2026
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.49%12%-24%-61%-98%201720222026
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2017Operating margin-30.2%
2018Operating margin-32.5%
2019Operating margin-31.5%
2020Operating margin-83.9%
2021Operating margin-41.4%
2022Operating margin-10%
2023Operating margin4%
2024Operating margin8.3%
2025Operating margin12.3%
2026Operating margin14.9%
2017Net margin-24.6%
2018Net margin-32.3%
2019Net margin-34.5%
2020Net margin-87.5%
2021Net margin-34%
2022Net margin-14.9%
2023Net margin-1.9%
2024Net margin27.7%
2025Net margin9.7%
2026Net margin5%
2017Free cash flow margin-26.2%
2018Free cash flow margin-19.2%
2019Free cash flow margin-17%
2020Free cash flow margin-22.7%
2021Free cash flow margin39.1%
2022Free cash flow margin1%
2023Free cash flow margin4.2%
2024Free cash flow margin15.3%
2025Free cash flow margin18.5%
2026Free cash flow margin17.1%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 182.5M 2026
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.210.1M120.0M29.9M-60.2M-150.3M201720222026
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Operating cash flow-108457000
2018Operating cash flow-125478000
2019Operating cash flow-78927000
2020Operating cash flow-112733000
2021Operating cash flow64526000
2022Operating cash flow6201000
2023Operating cash flow32213000
2024Operating cash flow125740000
2025Operating cash flow185286000
2026Operating cash flow182537000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 178M 2026
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.205.7M115.6M25.5M-64.5M-154.6M201720222026
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Free cash flow-117213000
2018Free cash flow-129736000
2019Free cash flow-82383000
2020Free cash flow-116271000
2021Free cash flow63884000
2022Free cash flow3102000
2023Free cash flow24724000
2024Free cash flow119836000
2025Free cash flow180813000
2026Free cash flow178026000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

103.3% 2026
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.112%84%56%28%0%201720222026
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2017Liabilities / assets9%
2018Liabilities / assets11.7%
2019Liabilities / assets13.6%
2020Liabilities / assets20.4%
2021Liabilities / assets31.9%
2022Liabilities / assets32.2%
2023Liabilities / assets35.6%
2024Liabilities / assets32.7%
2025Liabilities / assets33.9%
2026Liabilities / assets103.3%

Current assets to current liabilities

Current assets divided by current liabilities.

3.05× 2026
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.34×2.51×1.67×0.84×0.00×201720222026
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2017Current assets / current liabilities1.96×
2018Current assets / current liabilities2.7×
2019Current assets / current liabilities2.15×
2020Current assets / current liabilities1.55×
2021Current assets / current liabilities2.58×
2022Current assets / current liabilities3.09×
2023Current assets / current liabilities1.48×
2024Current assets / current liabilities2.88×
2025Current assets / current liabilities1.85×
2026Current assets / current liabilities3.05×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2017 2016-04-01 – 2017-03-31
−USD 110.17 million
Exact value

Exact value: -110168000 USD

2016-04-01 – 2017-03-31: -110168000 USD Inspect Net Income Open source
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−USD 108.46 million
Exact value

Exact value: -108457000 USD

2016-04-01 – 2017-03-31: -108457000 USD Inspect Operating Cash Flow Open source
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USD 8.76 million
Exact value

Exact value: 8756000 USD

2016-04-01 – 2017-03-31: 8756000 USD Inspect Capital Expenditure Open source
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−USD 117.21 million
Calculation and evidence

-108457000 − 8756000 USD

Exact free cash flow: -117213000 USD

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2018 2017-04-01 – 2018-03-31
−USD 218.41 million
Exact value

Exact value: -218412000 USD

2017-04-01 – 2018-03-31: -218412000 USD Inspect Net Income Open source
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−USD 125.48 million
Exact value

Exact value: -125478000 USD

2017-04-01 – 2018-03-31: -125478000 USD Inspect Operating Cash Flow Open source
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USD 4.26 million
Exact value

Exact value: 4258000 USD

2017-04-01 – 2018-03-31: 4258000 USD Inspect Capital Expenditure Open source
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−USD 129.74 million
Calculation and evidence

-125478000 − 4258000 USD

Exact free cash flow: -129736000 USD

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2019 2018-04-01 – 2019-03-31
−USD 167.76 million
Exact value

Exact value: -167759000 USD

2018-04-01 – 2019-03-31: -167759000 USD Inspect Net Income Open source
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−USD 78.93 million
Exact value

Exact value: -78927000 USD

2018-04-01 – 2019-03-31: -78927000 USD Inspect Operating Cash Flow Open source
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USD 3.46 million
Exact value

Exact value: 3456000 USD

2018-04-01 – 2019-03-31: 3456000 USD Inspect Capital Expenditure Open source
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−USD 82.38 million
Calculation and evidence

-78927000 − 3456000 USD

Exact free cash flow: -82383000 USD

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2020 2019-04-01 – 2020-03-31
−USD 447.78 million
Exact value

Exact value: -447781000 USD

2019-04-01 – 2020-03-31: -447781000 USD Inspect Net Income Open source
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−USD 112.73 million
Exact value

Exact value: -112733000 USD

2019-04-01 – 2020-03-31: -112733000 USD Inspect Operating Cash Flow Open source
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USD 3.54 million
Exact value

Exact value: 3538000 USD

2019-04-01 – 2020-03-31: 3538000 USD Inspect Capital Expenditure Open source
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−USD 116.27 million
Calculation and evidence

-112733000 − 3538000 USD

Exact free cash flow: -116271000 USD

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2021 2020-04-01 – 2021-03-31
−USD 55.64 million
Exact value

Exact value: -55639000 USD

2020-04-01 – 2021-03-31: -55639000 USD Inspect Net Income Open source
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USD 64.53 million
Exact value

Exact value: 64526000 USD

2020-04-01 – 2021-03-31: 64526000 USD Inspect Operating Cash Flow Open source
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USD 642,000
Exact value

Exact value: 642000 USD

2020-04-01 – 2021-03-31: 642000 USD Inspect Capital Expenditure Open source
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USD 63.88 million
Calculation and evidence

64526000 − 642000 USD

Exact free cash flow: 63884000 USD

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2022 2021-04-01 – 2022-03-31
−USD 45.41 million
Exact value

Exact value: -45405000 USD

2021-04-01 – 2022-03-31: -45405000 USD Inspect Net Income Open source
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USD 6.2 million
Exact value

Exact value: 6201000 USD

2021-04-01 – 2022-03-31: 6201000 USD Inspect Operating Cash Flow Open source
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USD 3.1 million
Exact value

Exact value: 3099000 USD

2021-04-01 – 2022-03-31: 3099000 USD Inspect Capital Expenditure Open source
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USD 3.1 million
Calculation and evidence

6201000 − 3099000 USD

Exact free cash flow: 3102000 USD

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2023 2022-04-01 – 2023-03-31
−USD 11.32 million
Exact value

Exact value: -11321000 USD

2022-04-01 – 2023-03-31: -11321000 USD Inspect Net Income Open source
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USD 32.21 million
Exact value

Exact value: 32213000 USD

2022-04-01 – 2023-03-31: 32213000 USD Inspect Operating Cash Flow Open source
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USD 7.49 million
Exact value

Exact value: 7489000 USD

2022-04-01 – 2023-03-31: 7489000 USD Inspect Capital Expenditure Open source
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USD 24.72 million
Calculation and evidence

32213000 − 7489000 USD

Exact free cash flow: 24724000 USD

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2024 2023-04-01 – 2024-03-31
USD 216.8 million
Exact value

Exact value: 216801000 USD

2023-04-01 – 2024-03-31: 216801000 USD Inspect Net Income Open source
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USD 125.74 million
Exact value

Exact value: 125740000 USD

2023-04-01 – 2024-03-31: 125740000 USD Inspect Operating Cash Flow Open source
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USD 5.9 million
Exact value

Exact value: 5904000 USD

2023-04-01 – 2024-03-31: 5904000 USD Inspect Capital Expenditure Open source
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USD 119.84 million
Calculation and evidence

125740000 − 5904000 USD

Exact free cash flow: 119836000 USD

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2025 2024-04-01 – 2025-03-31
USD 95.1 million
Exact value

Exact value: 95101000 USD

2024-04-01 – 2025-03-31: 95101000 USD Inspect Net Income Open source
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USD 185.29 million
Exact value

Exact value: 185286000 USD

2024-04-01 – 2025-03-31: 185286000 USD Inspect Operating Cash Flow Open source
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USD 4.47 million
Exact value

Exact value: 4473000 USD

2024-04-01 – 2025-03-31: 4473000 USD Inspect Capital Expenditure Open source
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USD 180.81 million
Calculation and evidence

185286000 − 4473000 USD

Exact free cash flow: 180813000 USD

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2026 2025-04-01 – 2026-03-31
USD 51.8 million
Exact value

Exact value: 51804000 USD

2025-04-01 – 2026-03-31: 51804000 USD Inspect Net Income Open source
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USD 182.54 million
Exact value

Exact value: 182537000 USD

2025-04-01 – 2026-03-31: 182537000 USD Inspect Operating Cash Flow Open source
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USD 4.51 million
Exact value

Exact value: 4511000 USD

2025-04-01 – 2026-03-31: 4511000 USD Inspect Capital Expenditure Open source
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USD 178.03 million
Calculation and evidence

182537000 − 4511000 USD

Exact free cash flow: 178026000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

190 filings · 1,101 latest values · 1,101 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001495153, 1495153, MMYT, edgar:1495153

Also known as MakeMyTrip Ltd