NASDAQ · Consumer Discretionary

MakeMyTrip MMYT

MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing.

Transportation Services

Company profile

Business mix

  • The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing.
  • The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae.
  • It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010.
  • MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Current key questions

  • Can consumer demand, pricing, traffic, and channel execution support growth in travel services?
  • How do input costs, promotions, inventory, and brand strength affect margins?
  • Does management convert scale, store or digital reach, and capital allocation into higher per-share value?
Holders 2 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 122.47 FCF 4.36% Buyback 4.25%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Baillie Gifford legacy James Anderson 0.6% $559.8M 2026-03-31
Greenwoods / Jinglin George Jiang 0.4% $14.5M 2026-03-31

Recent trading changes over the last 3 quarters

Net buyers 2 Last 3 13F filing periods
Net reducers 0 Last 3 13F filing periods
Unchanged holders 1 Share count unchanged
Increase amount $361.2M Estimated from net added shares
Reduction amount $0 Estimated from net reduced shares
Net share change / base shares +169.4% +9,685,390 / 5,716,130
Greenwoods / Jinglin George Jiang 3 filing periods
13F 2025-09-30 Filed 2025-11-10
New Shares - 13F value change +$24.0M
13F 2025-12-31 Filed 2026-02-06
Unchanged Shares 0.0% 13F value change $0
13F 2026-03-31 Filed 2026-05-08
Major increase Shares 51.2% 13F value change -$6.6M
Settlement As of 13F 2026-03-31 · Filed 2026-05-08
Base shares 0 Last 3 periods +388,557 (New) Total shares 388,557 Value $14.5M
Baillie Gifford legacy James Anderson 3 filing periods
13F 2025-09-30 Filed 2025-10-31
Minor reduction Shares -11.8% 13F value change -$88.5M
13F 2025-12-31 Filed 2026-01-23
Minor increase Shares 2.3% 13F value change -$48.4M
13F 2026-03-31 Filed 2026-05-08
Major increase Shares 191.2% 13F value change +$136.5M
Settlement As of 13F 2026-03-31 · Filed 2026-05-08
Base shares 5,716,130 Last 3 periods +9,296,833 (+162.6%) Total shares 15,012,963 Value $559.8M
GQG Partners Rajiv Jain 2 filing periods
13F 2025-03-31 Filed 2025-05-13
New Shares - 13F value change +$196.9M
13F 2025-06-30 Filed 2025-08-13
Sold out Shares -100.0% 13F value change -$196.9M
Settlement As of 13F 2025-06-30 · Filed 2025-08-13
Base shares 0 Last 3 periods +0 (New) Total shares 0 Value $0

Recent mentions

No public mentions.