MakeMyTrip Limited (MMYT) Stock Analysis
Last updated Oct 27, 2026
Health Check
Last analyzed Oct 23, 2026
- Financial Health 50
- Profitability 95
- Business Quality 75
- Balance Sheet 40
- Cash Flow 70
Why this rating?
Health 67/100 — Good Quality
Entry timing is weak right now. Quality may be fine; the setup is not.
Company overview
MakeMyTrip Limited (MMYT) is a Travel Services company in the Consumer Cyclical sector. Compound Radar rates MakeMyTrip Limited 67/100 (Good Quality) due to high business quality, steady revenue growth, and elevated leverage.
Investment profile
- Quality High
- Growth Moderate
- Balance Sheet Stretched
- Valuation Attractive
Financial highlights
Valuation
- P/E 153.19
- Forward P/E 17
- EV/Revenue 4.37
Profitability
- Revenue Growth 2.5%
- Gross Margin 59.2%
- Operating Margin 15.6%
- Net Margin 3.9%
Financial strength
- Cash $808.93M
- Debt $1.47B
- Net Cash $-656.13M
- Free Cash Flow $168.01M
- Current Ratio 2.94
Similar companies
Peers in Travel Services, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Airbnb, Inc. Travel Services ABNB$168.82 80 Health 80 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Good Entry Good EntryA usable setup — not as clean as Strong Entry, but timing is not mixed or weak.
- Expedia Group, Inc. Travel Services EXPE$278.08 74 Health 74 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Strong Entry Strong EntryTiming looks favorable across trend, momentum, valuation, support, and catalysts.
- Booking Holdings Inc. Travel Services BKNG$150.14 72 Health 72 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Viking Holdings Ltd Travel Services VIK$85.41 69 Health 69 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Carnival Corporation Ltd. Travel Services CCL$27.74 65 Health 65 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Travel + Leisure Co. Travel Services TNL$67.23 59 Health 59 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Good Entry Good EntryA usable setup — not as clean as Strong Entry, but timing is not mixed or weak.
- Royal Caribbean Cruises Ltd. Travel Services RCL$295.92 58 Health 58 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Tripadvisor, Inc. Travel Services TRIP$8.98 58 Health 58 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks MakeMyTrip Limited (MMYT).