US · Consumer Cyclical · Travel Services
EPS came in at 0.41 against a street estimate of 0.36 — a beat of 13.9%.
Analysts rate MakeMyTrip Limited a strong buy (10 buy, 0 hold, 0 sell out of 10) with an average price target of $67.70.
CONFIDENT Strong diversified growth offset weak air travel, with hotels, buses, ancillaries and AI driving momentum; management expects temporary margin pressure to ease as fares normalize. Q2 FY27 Domestic leisure, short-haul travel and pilgrimage demand were strong; geopolitical conditions and high fares weighed on outbound travel. Analysts pressed on air monetization, hotel inducement costs, competition, AI adoption and potential India listing. Management emphasized mix, service quality, balance-sheet strength and long-term investment. non-air growth offset weak air travel Management expects the gap between air revenue and processing costs to narrow as fares and volume normalize 2026-10-26…
Full summary in the app.
| Fund | Stake |
|---|---|
| Verition Fund Managegment, LLC | 34.55% |
| Baillie Gifford & Co Limited. | 15.60% |
| Schroder Investment Management Group | 8.20% |
| Royal Bank of Canada | 6.50% |
| FMR Inc | 5.13% |
| Morgan Stanley - Brokerage Accounts | 4.00% |
| Artisan Partners Limited Partnership | 3.30% |
| Wellington Management Company LLP | 2.99% |
| Document | Date |
|---|---|
| Quarterly results (6-K) · Q2 FY2027 HEADLINE NUMBERS • Q2 FY27 gross bookings rose 20.9% year over year in constant currency to $2,724.7 million from $2,447.3 million. • IFRS revenue i | 2026-10-26 |
| Quarterly results (6-K) · Q2 FY2027 HEADLINE NUMBERS • Fiscal 2027 second-quarter revenue rose 2.5% year over year to $235.2 million, or 11.2% in constant currency. • Gross Bookings in | 2026-10-26 |
| Current report (6-K) · Q2 FY2027 HEADLINE NUMBERS • MakeMyTrip held its annual shareholders’ meeting for fiscal year 2026 on September 28, 2026. • All resolutions submitted to share | 2026-09-28 |
| Current report (6-K) · Q2 FY2027 HEADLINE NUMBERS • Total income rose to USD 1,046,034 thousand in 2026 from USD 978,653 thousand in 2025, an increase of approximately 6.9%. • Total | 2026-08-07 |
| Current report (6-K) · Q2 FY2027 HEADLINE NUMBERS • Q1 FY27 ended June 30, 2026. • Gross Bookings rose 19.9% year over year in constant currency to approximately $2.9 billion, from | 2026-08-03 |
| Quarterly results (6-K) · Q1 FY2027 HEADLINE NUMBERS • Fiscal 2027 first-quarter revenue rose 6.2% year over year to $285.6 million, or 16.1% in constant currency. • Gross Bookings inc | 2026-08-03 |
| Annual report FY2026 (20-F) HEADLINE NUMBERS • MakeMyTrip Limited filed its annual report for the fiscal year ended March 31, 2026, under IFRS Accounting Standards issued by the | 2026-07-27 |
| Current report (6-K) · Q2 FY2027 HEADLINE NUMBERS • On July 17, 2026, MakeMyTrip announced that its wholly owned subsidiary, MakeMyTrip (India) Limited (“MMT India”), confidentially | 2026-07-17 |
Readable in the app.
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for MakeMyTrip Limited — free to start.
Open in the appGoogle PlayApp StoreData updated 2026-11-07.