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- MakeMyTrip
MakeMyTrip Valuation Multiples
Discover revenue and EBITDA valuation multiples for MakeMyTrip and similar public comparables like Travel+Leisure, Rightmove, Talabat, TUI and more.
MakeMyTrip Overview
About MakeMyTrip
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.
Founded
2000
HQ

Employees
5.1K
Website
Sectors
Financials (LTM)
EV
$5B
MakeMyTrip Financials
MakeMyTrip reported last 12-month revenue of $1B and EBITDA of $193M.
In the same LTM period, MakeMyTrip generated $901M in gross profit, $193M in EBITDA, and $52M in net income.
Revenue (LTM)
MakeMyTrip P&L
In the most recent fiscal year, MakeMyTrip reported revenue of $1B and EBITDA of $165M.
MakeMyTrip expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $901M | XXX | $704M | XXX | XXX | XXX |
| Gross Margin | 80% | XXX | 70% | XXX | XXX | XXX |
| EBITDA | $193M | XXX | $165M | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 16% | XXX | XXX | XXX |
| EBIT Margin | 18% | XXX | 12% | XXX | XXX | XXX |
| Net Profit | $52M | XXX | $103M | XXX | XXX | XXX |
| Net Margin | 5% | XXX | 10% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
MakeMyTrip Stock Performance
MakeMyTrip has current market cap of $5B, and enterprise value of $5B.
Market Cap Evolution
MakeMyTrip's stock price is $49.05.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $5B | 0.0% | XXX | XXX | XXX | $1.09 |
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Start Free TrialMakeMyTrip Valuation Multiples
MakeMyTrip trades at 4.7x EV/Revenue multiple, and 27.3x EV/EBITDA.
EV / Revenue (LTM)
MakeMyTrip Financial Valuation Multiples
As of March 14, 2026, MakeMyTrip has market cap of $5B and EV of $5B.
Equity research analysts estimate MakeMyTrip's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
MakeMyTrip has a P/E ratio of 88.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 4.7x | XXX | 5.2x | XXX | XXX | XXX |
| EV/EBITDA | 27.3x | XXX | 31.9x | XXX | XXX | XXX |
| EV/EBIT | 26.4x | XXX | 43.3x | XXX | XXX | XXX |
| EV/Gross Profit | 5.8x | XXX | 7.5x | XXX | XXX | XXX |
| P/E | 88.9x | XXX | 45.1x | XXX | XXX | XXX |
| EV/FCF | 20.8x | XXX | 28.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified MakeMyTrip Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


MakeMyTrip Margins & Growth Rates
MakeMyTrip's revenue in the last 12 month grew by 17%.
MakeMyTrip's revenue per employee in the last FY averaged $0.2M.
MakeMyTrip's rule of 40 is 34% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
MakeMyTrip's rule of X is 60% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
MakeMyTrip Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 17% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Growth | 29% | XXX | 18% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 34% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 60% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 22% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 17% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 58% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
MakeMyTrip Public Comps
See public comps and valuation multiples for other Travel Services and Online Travel comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Travel+Leisure | XXX | XXX | XXX | XXX | XXX | XXX |
| Rightmove | XXX | XXX | XXX | XXX | XXX | XXX |
| Talabat | XXX | XXX | XXX | XXX | XXX | XXX |
| TUI | XXX | XXX | XXX | XXX | XXX | XXX |
| Inchcape | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
MakeMyTrip M&A Activity
MakeMyTrip acquired XXX companies to date.
Last acquisition by MakeMyTrip was on XXXXXXXX, XXXXX. MakeMyTrip acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by MakeMyTrip
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialMakeMyTrip Investment Activity
MakeMyTrip invested in XXX companies to date.
MakeMyTrip made its latest investment on XXXXXXXX, XXXXX. MakeMyTrip invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by MakeMyTrip
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout MakeMyTrip
| When was MakeMyTrip founded? | MakeMyTrip was founded in 2000. |
| Where is MakeMyTrip headquartered? | MakeMyTrip is headquartered in India. |
| How many employees does MakeMyTrip have? | As of today, MakeMyTrip has over 5K employees. |
| Who is the CEO of MakeMyTrip? | MakeMyTrip's CEO is Rajesh Magow. |
| Is MakeMyTrip publicly listed? | Yes, MakeMyTrip is a public company listed on Nasdaq. |
| What is the stock symbol of MakeMyTrip? | MakeMyTrip trades under MMYT ticker. |
| When did MakeMyTrip go public? | MakeMyTrip went public in 2010. |
| Who are competitors of MakeMyTrip? | MakeMyTrip main competitors are Travel+Leisure, Rightmove, Talabat, TUI. |
| What is the current market cap of MakeMyTrip? | MakeMyTrip's current market cap is $5B. |
| What is the current revenue of MakeMyTrip? | MakeMyTrip's last 12 months revenue is $1B. |
| What is the current revenue growth of MakeMyTrip? | MakeMyTrip revenue growth (NTM/LTM) is 17%. |
| What is the current EV/Revenue multiple of MakeMyTrip? | Current revenue multiple of MakeMyTrip is 4.7x. |
| Is MakeMyTrip profitable? | Yes, MakeMyTrip is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of MakeMyTrip? | MakeMyTrip's last 12 months EBITDA is $193M. |
| What is MakeMyTrip's EBITDA margin? | MakeMyTrip's last 12 months EBITDA margin is 17%. |
| What is the current EV/EBITDA multiple of MakeMyTrip? | Current EBITDA multiple of MakeMyTrip is 27.3x. |
| What is the current FCF of MakeMyTrip? | MakeMyTrip's last 12 months FCF is $252M. |
| What is MakeMyTrip's FCF margin? | MakeMyTrip's last 12 months FCF margin is 22%. |
| What is the current EV/FCF multiple of MakeMyTrip? | Current FCF multiple of MakeMyTrip is 20.8x. |
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