Added to YB: 2025-10-22
Pitch date: 2025-09-30
MMYT [neutral]
MakeMyTrip Limited
-11.23%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$7.3B
Pitch Price
$93.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
47.70
P/E
110.71
EV/Sales
7.73
Sector
Hotels, Restaurants and Leisure
Category
growth
Harding Loevner Emerging Markets Equity Portfolio Holding: MakeMyTrip Limited
MMYT (holding update): India's leading OTA with 50% market share, 80M users, strong network effects. Deep reach in tier 2-4 cities where global OTAs lack presence. TAM expanding as OTA penetration rises from 40% to 50%+ by 2030, hotels booking from 11% to 22%. Margins expanding via higher-margin hotels & outbound travel growth.
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