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Makemytrip (MY1) Stock Price & Analysis

6 Followers

MY1 Stock Chart & Stats

€46.45€0.84(3.98%)
At close: 5:30 PM GMT+1
€40€45€50Aug 17Sep 1Sep 16Sep 25Oct 12Oct 26Nov 10
Day’s Range
EUR 46.34 - EUR 46.45
52-Week Range
EUR 29.23 - EUR 73.24
Previous Close
EUR 44.67
Volume
N/A
Average Volume (3M)
58
Market Cap
EUR 4.37B
Enterprise Value
EUR 5.56B
Total Cash (Recent Filing)
EUR 808.93M
Total Debt (Recent Filing)
EUR 1.74B
Price to Earnings (P/E)
150.9
Beta
1.09
Next Earnings
Jan 28, 2027 (Est.)
EPS Estimate
0.11
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Diversified Non-air Growth

The rising non-air mix reduces reliance on air ticketing and broadens MakeMyTrip’s earnings base across hotels, buses and ancillary services. These businesses delivered strong growth and margins, supporting more resilient revenue generation when air volumes or fares are pressured.

AI-enabled Conversion And Efficiency

AI is already influencing customer conversion and service productivity at meaningful scale rather than remaining an early-stage experiment. Higher booking conversion and automated post-booking support can improve monetization while helping the platform serve expanding demand more efficiently.

Leading Indian Travel Platform

A leading domestic air position combined with broad accommodation coverage gives MakeMyTrip substantial customer reach and supplier distribution value. This scale can reinforce network effects, support cross-selling across travel categories, and strengthen its ability to capture India’s growing digital travel demand.

Bears Say

Negative Equity And Balance-sheet Stress

Negative equity materially reduces balance-sheet flexibility and makes the company more exposed to operating setbacks or changes in financing conditions. High debt relative to assets can also constrain capital allocation, leaving fewer resources available for investment or cushioning weaker periods.

Weaker Free Cash-flow Quality

Although cash generation remains positive, the sharp decline in free cash flow weakens confidence in the consistency of earnings conversion. Operating cash flow covered less than half of net income in the TTM period, suggesting that reported profitability is not translating into cash as strongly as before.

Cooling Profitability And Growth Conversion

Thin and declining net profitability leaves less room for execution errors, cost increases, or weaker demand to be absorbed. The combination of slower revenue growth and weaker bottom-line conversion could limit internally funded expansion and make sustained earnings improvement more difficult.

Makemytrip News

MY1 FAQ

What was Makemytrip’s price range in the past 12 months?
Makemytrip lowest stock price was €29.23 and its highest was €73.24 in the past 12 months.
What is Makemytrip’s market cap?
Makemytrip’s market cap is €4.37B.
When is Makemytrip’s upcoming earnings report date?
Makemytrip’s next earnings report is estimated for Jan 28, 2027 (not yet confirmed), which is in 77 days.
How were Makemytrip’s earnings last quarter?
Makemytrip released its earnings results on Oct 26, 2026. The company reported €0.018 earnings per share for the quarter, missing the consensus estimate of €0.032 by -€0.014.
Is Makemytrip overvalued?
According to Wall Street analysts Makemytrip’s price is currently Undervalued.
Does Makemytrip pay dividends?
Makemytrip does not currently pay dividends.
What is Makemytrip’s EPS estimate?
Makemytrip’s EPS estimate is 0.11.
How many shares outstanding does Makemytrip have?
Makemytrip has 88,762,970 shares outstanding.
What happened to Makemytrip’s price movement after its last earnings report?
Makemytrip reported an EPS of €0.018 in its last earnings report, missing expectations of €0.032. Following the earnings report the stock price went down -3.332%.
Which hedge fund is a major shareholder of Makemytrip?
Hedge funds hold Makemytrip shares: the largest hedge-fund position in Makemytrip is 1,014,619,688 shares, and hedge funds decreased their holdings by 16.9K shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology