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MAKEMYTRIP (INDIA) PRIVATE LIMITED

www.makemytrip.com
Active
Updated: 05 Nov 2024

The company offers online travel booking for flights, hotels, train, cabs.

Makemytrip (India) Private Limited, also popularly known as MakeMyTrip, is an unlisted private company incorporated on 13 April, 2000. It is classified as a private limited company and is located in Gurgaon, Haryana. It's authorized share capital is INR 485.00 cr and the total paid-up capital is INR 404.15 cr.

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Industry

Supporting and auxiliary transport activities, activities of travel agencies
Products
  • Hotel Booking, Flight Booking
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
32.01%
₹ 5,231.0
EBITDA
207.46%
₹ 596.7
Net Profit
2308.12%
₹ 1,556.6
Networth
164.59%
₹ 2,687.8
Borrowings
9.65%
₹ 613.7
Assets
46.45%
₹ 7,269.4
Gross Margin
-
100.0 %
Operating Margin
6.51
11.4 %
Net Profit Margin
27.21
28.8 %
Return on Equity
51.55
57.9 %
ROCE
14.27
18.2 %
Debt to Equity
-0.32
0.2
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (30)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 3,130.7 785.6 1,939.2 3,962.5 5,231.0
Operating profit -388.1 -193.5 9.4 194.1 596.7
Net profit -441.4 -203.7 -26.7 64.6 1,556.6
Gross margin 73.3 100.0 100.0 100.0 100.0
Operating margin -12.4 -24.6 0.5 4.9 11.4
Net margin -14.1 -24.3 -1.3 1.6 28.8
Networth -64.5 -268.2 392.5 1,015.8 2,687.8
Borrowings 4.2 2.8 948.9 559.7 613.7
Assets 1,706.6 1,550.2 4,034.8 4,963.9 7,269.4
Debt to equity -0.1 -0.0 2.4 0.6 0.2
Current ratio 1.4 1.3 1.5 1.8 1.6
ROE - - -6.8 6.4 57.9
Days payable 153.0 - - - -
WC days 46.0 112.0 164.0 148.0 117.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 278.8 278.8 280.0 400.9 404.1
Reserves -343.3 -547.0 112.5 614.9 2,283.6
Borrowings + 4.2 2.8 948.9 559.7 613.7
Long term borrowings 4.2 2.8 501.2 554.2 605.7
Short term borrowings - - 447.7 5.5 8.0
Trade payables + 348.7 278.9 412.3 476.4 863.4
Days payable 153.0 - - - -
Other liabilities + 1,767.0 1,815.6 2,693.4 3,388.3 3,967.9
Other non-current liabilities 872.5 920.5 1,241.6 1,493.7 1,081.2
Other current liabilities 545.8 616.2 1,039.5 1,418.2 2,023.2
Total liabilities 1,706.6 1,550.2 4,034.8 4,963.9 7,269.4
Fixed Assets + 164.2 149.2 1,022.8 1,085.8 1,061.4
Tangible assets 64.3 38.5 117.7 163.2 147.6
CWIP 13.0 11.9 9.4 15.2 4.3
Intangible assets 87.0 98.8 895.8 907.4 909.6
LT loans and advances 118.2 118.2 - - 65.0
Other non-current assets 138.2 146.9 238.8 372.7 1,566.0
Current assets + 1,286.0 1,135.9 2,773.1 3,505.3 4,576.9
Inventories - - - - -
Trade receivables 388.7 197.7 410.6 714.7 1,011.7
Cash and cash equivalents 529.7 657.0 989.4 1,498.7 1,620.4
ST loans and advances 319.4 267.9 0.4 25.4 25.2
Other current assets 48.1 13.3 1,372.7 1,266.5 1,919.7
Total assets 1,706.6 1,550.2 4,034.8 4,963.9 7,269.4
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 3,130.7 785.6 1,939.2 3,962.5 5,231.0
Sales growth % -0.47 -74.91 146.85 104.34 32.01
Expenses + 3,575.4 1,042.3 2,074.7 3,953.8 4,793.6
Cost of goods 834.7 - - - -
Employee cost 539.1 484.7 674.5 763.2 858.7
Other costs 2,145.0 494.3 1,255.4 3,005.3 3,775.7
Operating profit + -388.1 -193.5 9.4 194.1 596.7
Operating margin % -12.4 -24.6 0.5 4.9 11.4
Other income 3.2 53.0 78.1 55.9 170.8
Interest 2.4 1.2 71.2 96.1 60.8
Depreciation 54.2 62.0 73.6 89.3 98.4
Exceptional items - - - - -
Profit before tax -441.4 -203.7 -57.3 64.6 608.3
Tax - - -30.6 - -948.3
Profit - disc. ops - - - - -
Net profit -441.4 -203.7 -26.7 64.6 1,556.6
Net margin % -14.1 -24.3 -1.3 1.6 28.8
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity -0.1 -0.0 2.4 0.6 0.2
Net Debt/Equity 0.0 0.0 0.0 0.0 0.0
Total Debt/Assets 0.0 0.0 0.2 0.1 0.1
Total Assets/Equity -26.5 -5.8 10.3 4.9 2.7
Liquidity +
Current Ratio 1.4 1.3 1.5 1.8 1.6
Quick Ratio 1.4 1.3 1.5 1.8 1.6
Interest Coverage -160.4 -162.6 0.1 2.0 9.8
Performance
Gross Margin 73.3 100.0 100.0 100.0 100.0
Operating Margin -12.4 -24.6 0.5 4.9 11.4
Net Margin -14.1 -24.3 -1.3 1.6 28.8
Return +
Return on Equity - - -6.8 6.4 57.9
Pre-tax ROCE -79.6 -65.5 -3.4 3.9 18.2
Return on Assets -25.9 -13.1 -0.7 1.3 21.4
Pre-tax ROIC 685.6 95.3 -16.4 10.3 18.5
Efficiency +
Days Payable 153.0 - - - -
Days Inventory 0.0 - - - -
Days Receivable 45.0 92.0 77.0 66.0 71.0
Fixed Asset Turnover 19.1 5.3 1.9 3.6 4.9
Total Asset Turnover 1.8 0.5 0.5 0.8 0.7
Working Capital
Cash Conversion Cycle -108.0 92.0 77.0 66.0 71.0
Working Capital Days 46.0 112.0 164.0 148.0 117.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 200.0 cr

2

ICICI Bank Limited

No. of Loans: 173

Total Amount : 187.3 cr

3

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 1

Total Amount : 75.0 cr

4

CitiBank N.A.

No. of Loans: 1

Total Amount : 69.5 cr

5

DEUTSCHE INDIA HOLDINGS PRIVATE LIMITED

No. of Loans: 1

Total Amount : 60.0 cr

6

HDFC Bank Limited

No. of Loans: 35

Total Amount : 6.7 cr

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Charges

IndusInd Bank Limited
ICICI Bank Limited
The Hongkong and Shanghai Banking Corporation Limited
CitiBank N.A.
Others

People

Designation Name DIN/PAN Tenure
CS Vikash Kumar Tiwari <HIDDEN> 4 years
Whole-time Director Vikash Kumar Tiwari 02038571 4 years
Whole-time Director Ghanshyam Daga 09378288 3 years
Director Malaya Kumar Pallai 10157054 2 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
SAARANYA HOSPITALITY TECHNOLOGIES PRIVATE LIMITED
Active
91.2 L 1 Delhi
BONA VITA TECHNOLOGIES PRIVATE LIMITED
Active
5.2 L 1 Delhi
MAKEMYTRIP TRAVEL SERVICES PRIVATE LIMITED
Dissolved
5.0 Cr 1 Delhi
SIMPLOTEL TECHNOLOGIES PRIVATE LIMITED
Active
2.2 L 2 Karnataka

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
QUEST 2 TRAVEL.COM INDIA PRIVATE LIMITED Maharashtra 2000 ₹ 1.1 Cr
HotelCloud Services Private Limited India - -
SAVAARI CAR RENTALS PRIVATE LIMITED Karnataka 2012 ₹ 12.0 Cr

Registered Details

CIN

U63040HR2000PTC090846

PAN

AADCM5146R

Incorporation

2000, 25.0 years

Company Email

compliance@go-mmt.com

Paid up Capital

₹ 404.1 Cr

Authorised Capital

₹ 485.0 Cr

AGM

Sep 2024

Type

Private
Non-government Company

FAQ - MAKEMYTRIP (INDIA) PRIVATE LIMITED

What is the incorporation date of MAKEMYTRIP (INDIA) PRIVATE LIMITED?

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The incorporation date of MAKEMYTRIP (INDIA) PRIVATE LIMITED is 13 April, 2000

What is the authorized share capital of MAKEMYTRIP (INDIA) PRIVATE LIMITED?

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The authorized share capital of MAKEMYTRIP (INDIA) PRIVATE LIMITED is INR ₹ 485.0 Cr.

What is the paid-up capital of MAKEMYTRIP (INDIA) PRIVATE LIMITED?

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The paid-up capital of MAKEMYTRIP (INDIA) PRIVATE LIMITED is INR ₹ 404.1 Cr.

What is the registered address of MAKEMYTRIP (INDIA) PRIVATE LIMITED?

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The registered address of MAKEMYTRIP (INDIA) PRIVATE LIMITED is 19th Floor, Tower A/B/C Epitome Building No. 5, DLF Cyber City, DLF Phase III NA GURUGRAM Gurgaon Haryana - 122002

What is the CIN number of MAKEMYTRIP (INDIA) PRIVATE LIMITED?

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The CIN number of MAKEMYTRIP (INDIA) PRIVATE LIMITED is U63040HR2000PTC090846.

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