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MMYT

MakeMyTrip Ltd

In the published model solve dated 2026-Q2, anchored at $49.17, MakeMyTrip Ltd (MMYT) is priced for today's economics sustained for ~12.0 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 24, 2026 from SEC EDGAR filings.

Published model solve
today's economics sustained for ~12.0 years
Priced In
elevated

Key Takeaways

• India's largest online travel agency reports as a foreign private issuer under IFRS and presents its accounts in US dollars while transacting almost entirely in rupees, which is why it quotes constant currency alongside the headline: gross bookings reached $10.4 billion in the year to March 2026, up 10.4% on that basis [Source: MakeMyTrip fiscal 2026 fourth quarter and full year results]. • Today's price assumes the current economics hold for about 12 years, a stretch only about one in seven c

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Institutional ownership

207 institutional managers reported holding MMYT in 13F filings for the quarter ended 2026-03-31. Together they hold about 63% of the company; the top 10 hold 39%. 36 opened new positions that quarter. Held by Baillie Gifford, Wellington Management, Morgan Stanley, among others. On the short side, 7.6M shares were sold short as of the 2026-06-15 count, about 7% of shares outstanding (6.5 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

MMYT's share count grew 5.4% over the past five years. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 24, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.