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MakeMyTrip Limited (MMYT)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
MU0295S00016
CUSIP
0295S0001
IPO Date
Aug 12, 2010

Highlights

Market Cap
$3.70B
Enterprise Value
$5.19B
EPS (TTM)
$0.54
PE Ratio
68.90
PEG Ratio
0.25
Total Revenue (TTM)
$1.04B
Gross Profit (TTM)
$722.83M
EBITDA (TTM)
$187.83M
Year Range
$32.67 - $113.85
Target Price
$91.00
ROA (TTM)
3.05%
ROE (TTM)
-20.01%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in MakeMyTrip Limited, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

MakeMyTrip Limited (MMYT) has returned -54.59% so far this year and -61.95% over the past 12 months. Over the last ten years, MMYT has returned 7.56% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


MakeMyTrip Limited

1D
2.53%
1M
-33.96%
YTD
-54.59%
6M
-60.16%
1Y
-61.95%
3Y*
15.08%
5Y*
3.06%
10Y*
7.56%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 12, 2010, MMYT's average daily return is +0.06%, while the average monthly return is +1.13%. At this rate, your investment would double in approximately 5.1 years.

Historically, 49% of months were positive and 51% were negative. The best month was Jan 2017 with a return of +50.5%, while the worst month was Mar 2020 at -48.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.

On a daily basis, MMYT closed higher 49% of trading days. The best single day was Oct 18, 2016 with a return of +44.4%, while the worst single day was Nov 15, 2010 at -26.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-24.04%-9.47%-33.96%-54.59%
2025-2.68%-11.91%1.80%6.97%-3.04%-3.55%-4.52%5.51%-5.22%-14.53%-10.76%15.03%-26.86%
202417.90%11.37%15.17%-6.81%14.17%11.26%11.28%2.76%-3.35%9.19%13.06%-2.14%139.00%
20235.11%-10.56%-5.59%-4.21%11.22%3.49%6.63%37.85%2.17%-4.42%9.04%11.25%70.40%
2022-3.68%5.21%-4.45%-5.07%8.60%-7.16%24.61%4.22%-7.95%-9.35%6.68%-7.14%-0.51%
2021-3.39%17.60%-5.87%-13.17%0.29%9.27%-5.29%-9.28%5.31%16.48%-23.11%13.80%-6.16%

Benchmark Metrics

MakeMyTrip Limited has an annualized alpha of 2.73%, beta of 1.05, and R² of 0.11 versus S&P 500 Index. Calculated based on daily prices since August 13, 2010.

  • This stock participated in 97.53% of S&P 500 Index downside but only 57.22% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.11 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
2.73%
Beta
1.05
0.11
Upside Capture
57.22%
Downside Capture
97.53%

Return for Risk

Risk / Return Rank

MMYT ranks 2 for risk / return — in the bottom 2% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


MMYT Risk / Return Rank: 22
Overall Rank
MMYT Sharpe Ratio Rank: 11
Sharpe Ratio Rank
MMYT Sortino Ratio Rank: 22
Sortino Ratio Rank
MMYT Omega Ratio Rank: 22
Omega Ratio Rank
MMYT Calmar Ratio Rank: 55
Calmar Ratio Rank
MMYT Martin Ratio Rank: 11
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for MakeMyTrip Limited (MMYT) and compare them to a chosen benchmark (S&P 500 Index).


MMYTBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-1.27

0.90

-2.16

Sortino ratio

Return per unit of downside risk

-2.10

1.39

-3.49

Omega ratio

Gain probability vs. loss probability

0.73

1.21

-0.48

Calmar ratio

Return relative to maximum drawdown

-0.94

1.40

-2.34

Martin ratio

Return relative to average drawdown

-2.15

6.61

-8.75

Explore MMYT risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


MakeMyTrip Limited doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the MakeMyTrip Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MakeMyTrip Limited was 73.45%, occurring on Mar 18, 2020. Recovery took 897 trading sessions.

The current MakeMyTrip Limited drawdown is 69.04%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-73.45%Jun 12, 2018445Mar 18, 2020897Oct 10, 20231342
-69.87%Dec 9, 2024325Mar 27, 2026
-69.66%Sep 17, 2010562Dec 10, 20121384Jun 11, 20181946
-21.16%Sep 24, 20247Oct 2, 202425Nov 6, 202432
-19.84%Apr 8, 202410Apr 19, 202417May 14, 202427

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of MakeMyTrip Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how MakeMyTrip Limited is priced in the market compared to other companies in the Travel Services industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for MMYT, comparing it with other companies in the Travel Services industry. Currently, MMYT has a P/E ratio of 68.9. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for MMYT compared to other companies in the Travel Services industry. MMYT currently has a PEG ratio of 0.2. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for MMYT relative to other companies in the Travel Services industry. Currently, MMYT has a P/S ratio of 3.8. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items