MakeMyTrip Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 4.38
Dividend & YieldN/A$ (N/A)
Beta 1.18
Market capitalization 3.13B
Operating cash flow -143k
ESG Scores unknown

Company description

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2022, it had approximately 125 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Sector: Consumer Cyclical - Industry: Travel Services

Financial Ratios
Quick Ratio2.58
Working Capital-0.18
Return On Equity-0.06
Debt To Equity0.21
Fixed Asset Ratio0.09
Fixed Interest Cover-18.03

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 3.45M -82.11M -18.31M 26.54M
Total Cashflows From Investing Activities 70.01M 73.83M -118.86M -77.6M
Net Borrowings 97k -3.1M 227.64M -1.08M
Total Cash From Financing Activities -335k -10.99M 219.4M -9.57M
Change To Operating Activities 11.49M 31.38M 36.44M -53.73M
Issuance Of Stock 298k 293k 293k 36k
Net Income -167.76M -447.78M -55.64M -45.41M
Change In Cash -9.66M -48.11M 165.19M -81.78M
Effect Of Exchange Rate -406k 1.78M 123k -608k
Total Cash From Operating Activities -78.93M -112.73M 64.53M 6M
Depreciation 26.82M 33.68M 23.04M 19.88M
Change To Account Receivables 1.13M -1.97M 34.62M -11.01M
Other Cashflows From Financing Activities -730k -7.89M -8.54M -8.52M
Change To Netincome 45.98M 353.51M 34.41M 60.22M
Capital Expenditures -3.46M -3.54M -642k -3.1M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax -168.62M -447.55M -60.55M -46.67M
Net Income -167.76M -447.78M -55.64M -45.41M
Selling General Administrative 198.66M 166.6M 22.74M 51.03M
Gross Profit 193.73M 227.37M 35.47M 128.25M
Ebit -152.95M -126.23M -70.36M -28.11M
Operating Income -152.95M -126.23M -70.36M -28.11M
Interest Expense -299k -2.89M -3.9M -15.31M
Income Tax Expense -740k -29k -4.51M -1.11M
Total Revenue 486.01M 511.53M 163.44M 303.92M
Cost Of Revenue 292.28M 284.16M 127.97M 175.67M
Total Other Income ExpenseNet -15.68M -321.31M 9.81M -18.56M
Net Income From Continuing Ops -167.88M -447.52M -56.04M -45.57M
Net Income Applicable To Common Shares -167.76M -447.78M -55.64M -45.41M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 212.92M 220.92M 417.82M 426.27M
Total Stockholder Equity 1.36B 858.24M 887.52M 894.13M
Other Current Liabilities 76.13M 92.4M 120.1M 103.51M
Total Assets 1.57B 1.08B 1.31B 1.32B
Common Stock 52k 52k 53k 53k
Other Current Assets 68.92M 50.37M 48.08M 73.75M
Retained Earnings -682.05M -1.15B -1.2B -1.21B
Treasury Stock 61.86M 20.23M 69.6M 73.57M
Cash 177.99M 129.88M 295.07M 213.28M
Total Current Liabilities 204.57M 179.87M 194.19M 191.22M
Other Stockholder Equity 61.86M 20.23M 69.6M 73.57M
Property, Plant, and Equipment 13.5M 36M 22.16M 19.31M
Total Current Assets 440.64M 279.02M 501.18M 591.37M
Net Tangible Assets 288.3M 136.25M 166.61M 208.48M
Net Receivables 54.92M 57.85M 25.18M 35.91M
Accounts Payable 69.2M 21.02M 23.81M 33.52M


Insider Transactions

Here are the insider transactions of stock shares related to MakeMyTrip Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MakeMyTrip Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MakeMyTrip Ltd

Here is the result of two systematic investment strategies applied to MakeMyTrip Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MakeMyTrip Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to MakeMyTrip Ltd:

MakeMyTrip Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 7.92% on the backtest period.

Performance at glance

Performance

7.92 %

Latent gain

179.56 $

Invested capital

2266.34 $

Annualized return

1.91 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on MakeMyTrip Ltd

This is the result of two momentum investment strategies applied to MakeMyTrip Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MakeMyTrip Ltd

The following chart shows all the entries opened by the momentum investment system on MakeMyTrip Ltd:

MakeMyTrip Ltd momentum entries
  • The first momentum investment strategy would give 14.96% of return on MakeMyTrip Ltd. That represents 712.02$ of latent gain with 4758.38$ of employed capital.
  • The second momentum investment strategy would give 16.29% of return on MakeMyTrip Ltd. That represents 736.9$ of latent gain with 4523.1$ of employed capital.
Performance at glance (1Q Momentum)

Performance

14.96 %

Latent gain

712.02 $

Invested capital

4758.38 $

Annualized return

5.17 %
Performance at glance (2Q Momentum)

Performance

16.29 %

Latent gain

736.9 $

Invested capital

4523.1 $

Annualized return

4.45 %

Momentum equity curve on MakeMyTrip Ltd

The following chart shows the equity curve of the two momentum strategies applied to MakeMyTrip Ltd:

MakeMyTrip Ltd momentum equity

Note: the dividends potentially given by MakeMyTrip Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MakeMyTrip Ltd

The following chart shows the employed capital evolution of the two momentum strategies on MakeMyTrip Ltd since the beginning:

MakeMyTrip Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on MakeMyTrip Ltd

Buy the dip entry openings on MakeMyTrip Ltd

MakeMyTrip Ltd

The performance achieved by the robo-advisor on MakeMyTrip Ltd is 11.06%. That represents 83.84$ of latent gain with 757.76$ of employed capital. The following chart shows MakeMyTrip Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MakeMyTrip Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

11.06 %

Latent gain

83.84 $

Invested capital

757.76 $

Annualized return

5.17 %

Equity curve of the strategy applied to MakeMyTrip Ltd

The following chart shows the result of the investment strategy applied to MakeMyTrip Ltd:

MakeMyTrip Ltd

Note: the dividends potentially given by MakeMyTrip Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MakeMyTrip Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on MakeMyTrip Ltd:

MakeMyTrip Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MakeMyTrip Ltd

In this section, I will compare the three previous investment strategies applied to MakeMyTrip Ltd.

Equity curve comparison on MakeMyTrip Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MakeMyTrip Ltd investment strategy comparison

Employed capital comparison on MakeMyTrip Ltd

MakeMyTrip Ltd investment comparison

Performance comparison on MakeMyTrip Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 7.92% 179.56$ 2266.34$ 1.91%
Momentum 1 quarter 14.96% 712.02$ 4758.38$ 3.84%
Momentum 2 quarters 16.29% 736.9$ 4523.1$ 4.45%
Non-directional 11.06% 83.84$ 757.76$ 5.17%
Annualized return comparison

Automatic investment

1.91 %

Momentum 1Q

4.45 %

Momentum 2Q

4.45 %

Non-directional

5.17 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MakeMyTrip Ltd:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between MakeMyTrip Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of MakeMyTrip Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MakeMyTrip Ltd
Country India
City Gurugram
Address Building No. 5
Phone 91 12 4439 5000
Website www.makemytrip.com
FullTime employees 3338
Industry Travel Services
Sector Consumer Cyclical
Exchange XNAS
Ticker MMYT
Market www.nasdaq.com

MakeMyTrip Ltd ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown