MakeMyTrip Limited (MMYT)

Consumer Cyclical | Travel Services
Income Statement (Quarterly) 2025-09-30 2025-06-30 2024-12-31 2024-09-30
Revenue 229,341,000 268,846,000 267,362,000 210,993,000
Cost of Revenue 98,925,000 122,274,000 77,378,000 95,849,000
Gross Profit 130,416,000 146,572,000 189,984,000 115,144,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 96,231,000 107,736,000 87,081,000 89,174,000
Operating Expenses 96,231,000 107,736,000 155,297,000 89,174,000
Operating Income 34,185,000 38,836,000 34,687,000 25,970,000
Interest Expense 43,109,000 10,770,000 11,437,000 7,771,000
Income Before Tax -1,447,000 36,379,000 29,865,000 25,624,000
Income Tax Expense 4,291,000 10,574,000 2,796,000 7,611,000
Net Income -5,615,000 25,924,000 27,020,000 17,853,000
Per Share
EPS -0.06 0.23 0.24 0.16
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenue 978,336,000 782,524,000 593,036,000 303,922,000 163,440,000
Cost of Revenue 274,348,000 362,676,000 177,567,000 58,750,000 22,308,000
Gross Profit 703,988,000 419,848,000 415,469,000 245,172,000 141,132,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 165,324,000 123,304,000 233,569,000 167,957,000 128,402,000
Operating Expenses 254,822,000 354,634,000 391,865,000 275,538,000 208,815,000
Operating Income 119,889,000 65,214,000 34,588,000 -20,348,000 -67,683,000
Interest Expense 17,673,000 17,749,000 46,732,000 26,326,000 4,798,000
Income Before Tax 115,890,000 92,938,000 -12,144,000 -46,674,000 -60,549,000
Income Tax Expense 20,616,000 -123,805,000 -976,000 -1,107,000 -4,507,000
Net Income 95,101,000 216,801,000 -11,168,000 -45,567,000 -55,639,000
Per Share
EPS 0.84 1.95 -0.10 -0.42 -0.52
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets
Cash and Cash Equivalents 508,898,000 327,065,000 284,018,000 213,283,000
Short Term Investments 252,286,000 279,722,000 197,056,000 264,179,000
Net Receivables 150,790,000 97,174,000 68,847,000 35,910,000
Inventory 363,000 218,000 25,000 11,000
Total Current Assets 1,065,268,000 857,278,000 671,910,000 591,365,000
Property Plant Equipment 26,457,000 25,895,000 25,380,000 19,313,000
Goodwill and Intangibles 597,791,000 613,386,000 628,974,000 685,658,000
Total Assets 1,828,288,000 1,660,077,000 1,359,825,000 1,322,744,000
Liabilities
Account Payables 91,237,000 67,054,000 45,748,000 62,827,000
Short Term Debt 222,678,000 4,806,000 219,514,000 2,776,000
Total Current Liabilities 576,614,000 297,574,000 453,658,000 191,216,000
Long Term Debt 13,895,000 216,818,000 15,650,000 213,808,000
Total Liabilities 620,311,000 543,659,000 483,769,000 426,269,000
Shareholders Equity
Retained Earnings -929,868,000 -1,020,518,000 -1,227,986,000 -1,214,156,000
Total Shareholders Equity 1,202,630,000 1,110,855,000 869,566,000 894,134,000
Balance Sheet (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Assets
Cash and Cash Equivalents 508,898,000 327,065,000 284,018,000 213,283,000 295,066,000
Short Term Investments 252,286,000 279,722,000 197,056,000 264,179,000 129,825,000
Net Receivables 150,790,000 97,174,000 68,847,000 35,910,000 25,179,000
Inventory 363,000 218,000 25,000 11,000 40,000
Total Current Assets 1,065,268,000 857,278,000 671,910,000 591,365,000 501,179,000
Property Plant Equipment 26,457,000 25,895,000 25,380,000 19,313,000 22,159,000
Goodwill and Intangibles 597,791,000 613,386,000 628,974,000 685,658,000 0
Total Assets 1,828,288,000 1,660,077,000 1,359,825,000 1,322,744,000 1,309,010,000
Liabilities
Account Payables 91,237,000 67,054,000 45,748,000 62,827,000 53,581,000
Short Term Debt 222,678,000 4,806,000 219,514,000 2,776,000 0
Total Current Liabilities 576,614,000 297,574,000 453,658,000 191,216,000 194,194,000
Long Term Debt 13,895,000 216,818,000 15,650,000 213,808,000 201,616,000
Total Liabilities 620,311,000 543,659,000 483,769,000 426,269,000 417,823,000
Shareholders Equity
Retained Earnings -929,868,000 -1,020,518,000 -1,227,986,000 -1,214,156,000 -1,203,334,000
Total Shareholders Equity 1,202,630,000 1,110,855,000 869,566,000 894,134,000 887,520,000
Cash Flow Statement (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Activities
Net Income 95,274,000 216,801,000 -11,168,000 -45,567,000
Depreciation & Amortization 27,122,000 27,245,000 27,246,000 29,358,000
Stock Based Compensation 36,018,000 36,963,000 35,643,000 36,645,000
Change in Working Capital 6,405,000 -4,925,000 -52,284,000 -27,120,000
Operating Cash Flow 185,286,000 125,740,000 32,065,000 5,998,000
Investing Activities
Capital Expenditure -11,762,000 -12,824,000 -16,901,000 -12,911,000
Investments -4,473,000 -5,904,000 -16,901,000 -12,911,000
Investing Cash Flow 26,444,000 -75,590,000 46,776,000 -77,604,000
Financing Activities
Debt Repayment -5,218,000 -2,000,000 -3,164,000 -2,250,000
Common Stock Issued/Repurchased -21,722,000 5,995,000 2,200,000 -518,000
Dividends Paid 0 0 0 0
Financing Cash Flow -22,891,000 -6,236,000 -6,207,000 -9,569,000
Summary
Free Cash Flow 173,524,000 112,916,000 15,164,000 -6,913,000
Net Change in Cash 181,297,000 43,047,000 70,735,000 -81,783,000
Cash Flow Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Activities
Net Income 95,274,000 216,801,000 -11,168,000 -45,567,000 -55,639,000
Depreciation & Amortization 27,122,000 27,245,000 27,246,000 29,358,000 33,010,000
Stock Based Compensation 36,018,000 36,963,000 35,643,000 36,645,000 0
Change in Working Capital 6,405,000 -4,925,000 -52,284,000 -27,120,000 52,750,000
Operating Cash Flow 185,286,000 125,740,000 32,065,000 5,998,000 64,526,000
Investing Activities
Capital Expenditure -11,762,000 -12,824,000 -16,901,000 -12,911,000 0
Investments -4,473,000 -5,904,000 -16,901,000 -12,911,000 0
Investing Cash Flow 26,444,000 -75,590,000 46,776,000 -77,604,000 -118,863,000
Financing Activities
Debt Repayment -5,218,000 -2,000,000 -3,164,000 -2,250,000 0
Common Stock Issued/Repurchased -21,722,000 5,995,000 2,200,000 -518,000 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow -22,891,000 -6,236,000 -6,207,000 -9,569,000 219,399,000
Summary
Free Cash Flow 173,524,000 112,916,000 15,164,000 -6,913,000 64,526,000
Net Change in Cash 181,297,000 43,047,000 70,735,000 -81,783,000 165,185,000