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MakeMyTrip Limited (MMYT)

USD55.14 -1.95 (-3.41%)
IN NASDAQ Consumer Cyclical Travel Services
Address Building No. 5 122002
Gurugram, IN
CEO Rajesh Magow
IPO 2010-08-12
CIK 1495153 ISIN MU0295S00016

Explore sections of this company profile

Description

MakeMyTrip Limited operates as a prominent online travel platform, offering a wide array of travel products and solutions across an extensive global footprint, including India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Its operations are strategically divided into three key segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The company provides a comprehensive suite of services, encompassing airline reservations, hotel accommodations, complete travel packages, train and bus tickets, and car rentals. Beyond these core offerings, it also addresses supplementary travel needs such as visa assistance and arranging travel insurance. Travelers can seamlessly research, plan, reserve, and purchase these services and products through MakeMyTrip's diverse digital and traditional channels. These include its popular web portals like makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae, alongside its mobile application, dedicated call centers, physical travel stores, and an expansive network of travel agents. As of March 31, 2022, MakeMyTrip further extended its reach with approximately 125 franchisee-owned travel outlets. The company caters to a broad clientele, serving both individual vacationers and business clients. Established in 2000, MakeMyTrip Limited maintains its headquarters in Gurugram, India.

News Sentiment (7d)
73 Positive

Based on only 1 article — low confidence

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD55.14 -1.95 (-3.41%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
1.00
Float Shares
74.36M
Free Float %
78.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.55% -0.23% -13.50% -23.34% -41.05% -47.72% -58.62% +61.69% +63.36% +156.76% +62.31%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (11 ratings, all time) Buy
Price Targets & DCF
Current price
55.14
Low 42.00 -23.8%
Consensus 91.00 +65.0%
Median 112.00 +103.1%
High 119.00 +115.8%
DCF (Unlevered) 49.35 -10.5%
DCF (Levered) 45.57 -17.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 8 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year
All Time 5
92.20
+67.2%
Quality scores
Altman Z-Score
0.48
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Travel Services: +8.5%
    +6.7% Q1'26: +1.9% (vs Q1'25)
  • EPS growth Travel Services: +10.2%
    -43.4% Q1'26: -8.0% (vs Q1'25)
  • FCF margin FCF growth · Travel Services: +12.2%
    -0.2% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Travel Services: +13.1%
    +14.7% Q1'26: +16.0% (vs Q1'25)
  • ROIC Travel Services: +10.4%
    +17.4% Q1'26: +22.1% (vs Q1'25)
  • Share dilution Travel Services: +0.3%
    -4.3% Q1'26: -8.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Travel Services: -0.25×
    7.74× Q1'26: 7.51× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.03) × ERP
WACC = 77% × Ke + 23% × Kd (7.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 50.40 Current price: 55.14
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
5 Rev. Ana.
4 EPS Ana.
Mar 2027
5 Rev. Ana.
4 EPS Ana.
Mar 2028
7 Rev. Ana.
6 EPS Ana.
Mar 2029
5 Rev. Ana.
4 EPS Ana.
Revenue
196.60M
est: 157.05M (+25.2%)
228.82M
est: 243.73M (-6.1%)
255.38M
est: 251.88M (+1.4%)
299.66M
est: 138.27M (+116.7%)
336.05M
est: 143.34M (+134.4%)
447.62M
est: 273.89M (+63.4%)
675.26M
est: 538.88M (+25.3%)
486.01M
est: 666.37M (-27.1%)
511.53M
est: 733.49M (-30.3%)
163.44M
est: 163.39M (+0.0%)
303.92M
est: 347.99M (-12.7%)
593.04M
est: 660.37M (-10.2%)
782.52M
est: 797.88M (-1.9%)
978.34M
est: 993.83M (-1.6%)
1.12B
1.05B – 1.19B
+12.4% YoY
1.24B
1.16B – 1.32B
+10.7% YoY
1.45B
1.29B – 1.59B
+17.0% YoY
1.73B
1.63B – 1.85B
+19.9% YoY
EBITDA
4.21M
est: 5.71M (-26.2%)
-14.91M
est: -23.39M (+36.2%)
-14.99M
est: -21.28M (+29.6%)
-6.48M
est: 6.69M (-196.9%)
-69.80M
est: 6.94M (-1,106.0%)
-87.00M
est: -17.53M (-396.2%)
-189.40M
est: -205.21M (+7.7%)
-141.51M
est: -136.01M (-4.0%)
-410.98M
est: -131.32M (-213.0%)
-23.64M
est: 7.91M (-398.9%)
-2.00M
est: 16.85M (-111.9%)
31.72M
est: 5.93M (+434.5%)
137.93M
est: 38.62M (+257.1%)
159.95M
est: 48.11M (+232.5%)
54.06M
50.86M – 57.75M
+12.4% YoY
59.84M
56.30M – 63.93M
+10.7% YoY
70.00M
62.64M – 77.09M
+17.0% YoY
83.95M
78.99M – 89.68M
+19.9% YoY
EBIT
1.42M
est: 4.13M (-65.6%)
-18.85M
est: -28.32M (+33.4%)
-20.68M
est: -20.13M (-2.7%)
-17.98M
est: -4.56M (-294.0%)
-78.56M
est: -4.73M (-1,560.6%)
-101.54M
est: -93.39M (-8.7%)
-219.73M
est: -202.87M (-8.3%)
-168.32M
est: -145.12M (-16.0%)
-444.66M
est: -106.98M (-315.7%)
-56.65M
est: -5.39M (-950.5%)
-31.36M
est: -11.48M (-173.1%)
4.48M
est: -58.84M (+107.6%)
110.69M
est: -26.33M (+520.4%)
132.83M
est: -32.80M (+505.0%)
-36.86M
-39.37M – -34.68M
-12.4% YoY
-40.80M
-43.58M – -38.38M
-10.7% YoY
-47.72M
-52.55M – -42.71M
-17.0% YoY
-57.23M
-61.14M – -53.85M
-19.9% YoY
Net Income
7.05M
est: 4.31M (+63.5%)
-27.59M
est: -18.79M (-46.9%)
-20.93M
est: -35.45M (+40.9%)
-18.25M
est: -41.90M (+56.4%)
-88.52M
est: -155.05M (+42.9%)
-110.17M
est: -51.42M (-114.3%)
-218.41M
est: -198.14M (-10.2%)
-167.76M
est: -146.41M (-14.6%)
-447.78M
est: -127.87M (-250.2%)
-55.64M
est: -73.72M (+24.5%)
-45.41M
est: -58.31M (+22.1%)
-11.32M
est: -88.81M (+87.3%)
216.80M
est: 63.77M (+240.0%)
95.10M
est: 96.14M (-1.1%)
59.19M
56.79M – 61.59M
-38.4% YoY
55.71M
44.70M – 66.73M
-5.9% YoY
115.12M
102.45M – 132.23M
+106.6% YoY
314.98M
290.78M – 342.96M
+173.6% YoY
SGA
26.52M
est: 64.79M (-59.1%)
62.69M
est: 188.09M (-66.7%)
73.74M
est: 146.57M (-49.7%)
96.54M
est: 72.95M (+32.3%)
168.24M
est: 75.63M (+122.5%)
317.77M
est: 144.51M (+119.9%)
586.86M
est: 471.68M (+24.4%)
325.54M
est: 349.41M (-6.8%)
312.63M
est: 287.38M (+8.8%)
135.62M
est: 86.21M (+57.3%)
178.09M
est: 183.60M (-3.0%)
245.11M
est: 439.63M (-44.2%)
322.66M
est: 420.98M (-23.4%)
388.11M
est: 524.37M (-26.0%)
589.23M
554.41M – 629.49M
+12.4% YoY
652.21M
613.67M – 696.78M
+10.7% YoY
762.93M
682.78M – 840.20M
+17.0% YoY
915.00M
860.92M – 977.52M
+19.9% YoY
EPS
0.20
est: 0.15 (+33.3%)
-0.74
est: 0.33 (-327.7%)
-0.55
est: -0.31 (-80.3%)
-0.44
est: -0.37 (-20.3%)
-2.12
est: -1.35 (-56.6%)
-2.09
est: -1.66 (-25.6%)
-2.18
est: -1.98 (-10.2%)
-1.61
est: -1.62 (+0.6%)
-4.26
est: -1.34 (-217.3%)
-0.52
est: -0.64 (+19.2%)
-0.42
est: -0.51 (+17.5%)
-0.10
est: -0.17 (+39.8%)
1.95
est: 0.56 (+250.2%)
0.84
est: 0.84 (+0.1%)
0.52
0.50 – 0.54
-38.4% YoY
0.49
0.39 – 0.58
-5.9% YoY
1.01
0.89 – 1.15
+106.6% YoY
2.75
2.54 – 2.99
+173.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 C 2/5 3/5 1/5 4/5 1/5 1/5 1/5
2026-05-19 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-18 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-15 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-13 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-12 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-11 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-08 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-05-01 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-30 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-29 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-28 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-27 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-24 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-23 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-22 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-21 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-20 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-17 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-16 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5
2026-04-15 C+ 2/5 5/5 1/5 4/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
138.75M
OE per share TTM
1.34
Owner's Yield
3.33%
Maintenance CapEx ratio
175.60%
Maint CapEx / Avg PPE
4.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
229
Total invested
2.80B
Insider transactions (90d)
0
Beneficial owners (>5%)
36
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Paolo Cavazza 18.21M 15.40% 1.86M 1.97M IN Delaware 2014-02-10
2 FIL Limited 6.51M 10.00% 4.73M 6.51M FI Bermuda 2022-02-09
3 2 4.93M 7.30% 2.46M 2.46M IN 2022-01-31
4 Capital World Investors ** 4.63M 10.90% 4.63M IA Delaware 2016-12-09
5 Pandanus Associates, Inc. 4.13M 6.85% 4.13M CO Bermuda 2020-02-07
6 Pandanus Partners, L.P. 4.13M 6.85% 4.13M PN Bermuda 2020-02-07
7 Page 2 of 6 3.94M 6.60% 1.17M 2.77M 1.17M 2.77M IN India 2018-02-13
8 Ward Ferry Management (BVI) Limited 3.81M 6.41% 3.81M 3.81M IA British Virgin Islands 2019-02-14
9 04-2747644 3.52M 5.40% 3.36M 3.52M IA Delaware 2022-02-02
10 Artisan Investments GP LLC 3.46M 5.20% 3.46M 3.46M HC Delaware 2024-02-12
11 Artisan Partners Asset Management Inc. 3.46M 5.20% 3.46M 3.46M HC Delaware 2024-02-12
12 Artisan Partners Holdings LP 3.46M 5.20% 3.46M 3.46M HC Delaware 2024-02-12
13 Artisan Partners Limited Partnership 3.46M 5.20% 3.46M 3.46M IA Delaware 2024-02-12
14 Abigail P. Johnson 3.46M 5.20% 3.46M IN Delaware 2024-02-09
15 FMR LLC 3.46M 5.20% 3.45M 3.46M HC Delaware 2024-02-09
16 Helion Venture Partners, LLC 3.41M 9.77% OO Mauritius 2011-02-16
17 SMALLCAP World Fund, Inc. 3.31M 5.50% IV Maryland 2019-02-14
18 Baillie Gifford & Co (Scottish partnership) 3.22M 11.00% IA SCOTLAND UK 2019-02-06
19 Deep Kalra 3.00M 8.59% 3.00M IN India 2011-02-14
20 Travogue Electronic Travel Private Limited 3.00M 8.59% 3.00M OO India 2011-02-14
21 Brown Advisory Incorporated (BAI) 2.98M 4.58% 2.56M HC Maryland 2022-04-19
22 Brown Advisory LLC (BALLC) 2.96M 4.55% 2.55M IA Maryland 2022-04-19
23 Mega Fame Holdings Limited 2.94M 7.06% 2.94M 2.94M CO British Virgin Islands 2014-06-30
24 Novel Century Ventures Limited 2.94M 7.06% 2.94M 2.94M CO British Virgin Islands 2014-06-30
25 Tu Guihua 2.94M 7.06% 2.94M 2.94M IN British Virgin Islands 2014-06-30
26 13-2628641 2.81M 6.67% 2.81M 2.81M IA Delaware 2016-02-16
27 Page 1 of 6 2.77M 4.70% 2.77M 2.77M PN India 2018-02-13
28 The TCW Group, Inc., on behalf of the TCW Business Unit 2.65M 7.20% HC, CO Citizenship or Place of Organization 2012-02-09
29 Wells Fargo & Company 2.30M 5.52% 2.19M HC Delaware 2015-02-10
30 Wells Capital Management Incorporated 2.22M 5.31% 809.3K IA Delaware 2015-02-10
31 Bio Partners LP 752.1K 15.00% 1.50M 5.00 1.50M 7.00 PN Cayman Islands 2010-08-19
32 Brown Investment Advisory & Trust Company (BIATC) 15.6K 0.03% 15.6K BK Maryland 2022-04-19
33 95-1411037 13.00 6.10% 3.98M 3.98M IA Delaware 2022-02-11
34 Marsh & McLennan Companies, Inc. 0.00% 4.62M 4.62M HC Jersey Channel Islands 2018-02-13
35 Ruane, Cunniff & Goldfarb Inc. 0.00% IA, CO Delaware 2018-02-14
36 Sands Capital Management, LLC 0.00% IA Delaware, United States 2021-02-16

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
229
-55 vs prev Q
New positions
43
Closed positions
102
Increased
128
Reduced
67
Put/Call ratio
0.35
Calls held
913.6K
Puts held
318.1K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 SCHRODER INVESTMENT MANAGEMENT GROUP 7.19M +869.7K (+13.8%) 590.17M -1.1M (-0.2%) 7.36% +1.868 pp 0.45% -0.010 pp USD73.57 +11.6% 14 qtrs
2 BAILLIE GIFFORD & CO 5.16M +115.0K (+2.3%) 423.33M -48.4M (-10.3%) 5.28% +0.898 pp 0.35% +0.002 pp USD71.16 +15.4% 36 qtrs
3 JPMORGAN CHASE & CO 3.55M +320.6K (+9.9%) 291.80M -10.8M (-3.6%) 3.64% +0.829 pp 0.02% +0.000 pp USD90.90 -9.7% 20 qtrs
4 MORGAN STANLEY 2.97M -448.2K (-13.1%) 243.92M -76.1M (-23.8%) 3.04% +0.070 pp 0.01% -0.005 pp USD74.51 +10.2% 51 qtrs
5 FMR LLC 2.72M -5.9M (-68.4%) 223.51M -583.7M (-72.3%) 2.79% -4.706 pp 0.01% -0.031 pp USD82.79 -0.8% 27 qtrs
6 PRICE T ROWE ASSOCIATES INC /MD/ 2.45M +371.1K (+17.9%) 201.06M +6.6M (+3.4%) 2.51% +0.701 pp 0.02% +0.001 pp USD93.82 -12.5% 4 qtrs
7 ARTISAN PARTNERS LIMITED PARTNERSHIP 2.32M +40.7K (+1.8%) 190.70M -22.8M (-10.7%) 2.38% +0.395 pp 0.29% -0.017 pp USD52.92 +55.2% 10 qtrs
8 WELLINGTON MANAGEMENT GROUP LLP 2.30M +1.6M (+226.3%) 188.70M +122.8M (+186.3%) 2.35% +1.740 pp 0.03% +0.022 pp USD76.39 +7.5% 16 qtrs
9 ROYAL BANK OF CANADA 2.27M +2.0M (+780.3%) 186.80M +162.6M (+672.3%) 2.33% +2.104 pp 0.03% +0.026 pp USD83.43 -1.6% 42 qtrs
10 GOLDMAN SACHS GROUP INC 1.94M +199.7K (+11.5%) 158.91M -3.5M (-2.2%) 1.98% +0.473 pp 0.02% 0.000 pp USD85.22 -3.6% 17 qtrs
11 CAPITAL RESEARCH GLOBAL INVESTORS 1.83M +1.8M (+100.0%) 150.07M +150.1M (+100.0%) 1.87% +1.870 pp 0.03% +0.028 pp USD82.12 +0.0% 1 qtrs NEW
12 FRANKLIN RESOURCES INC 1.60M +202.0K (+14.5%) 131.37M +543.3K (+0.4%) 1.64% +0.423 pp 0.03% 0.000 pp USD51.89 +58.3% 39 qtrs
13 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.56M +826.1K (+112.0%) 128.43M +59.4M (+86.0%) 1.60% +0.960 pp 0.04% +0.020 pp USD75.86 +8.3% 37 qtrs
14 CAPITAL INTERNATIONAL INVESTORS 1.56M -162.2K (-9.4%) 127.74M -33.0M (-20.6%) 1.59% +0.100 pp 0.02% -0.006 pp USD40.21 +104.2% 21 qtrs
15 AMANSA CAPITAL PTE. LTD. 1.50M -100.7K (-6.3%) 123.15M -26.6M (-17.8%) 1.53% +0.145 pp 45.25% +0.020 pp USD27.57 +197.9% 13 qtrs
16 WASATCH ADVISORS LP 1.43M +310.1K (+27.8%) 117.05M +12.7M (+12.1%) 1.46% +0.490 pp 0.70% +0.134 pp USD93.08 -11.8% 6 qtrs
17 MAN GROUP PLC 1.38M +521.4K (+60.6%) 113.47M +32.9M (+40.9%) 1.41% +0.667 pp 0.19% +0.053 pp USD91.39 -10.1% 5 qtrs
18 CAPITAL WORLD INVESTORS 1.31M +4.5K (+0.3%) 107.67M -14.6M (-12.0%) 1.34% +0.207 pp 0.01% -0.002 pp USD62.56 +31.3% 15 qtrs
19 CORONATION FUND MANAGERS LTD. 1.25M +386.1K (+44.6%) 102.76M +21.8M (+26.9%) 1.28% +0.529 pp 4.61% +0.382 pp USD90.98 -9.7% 3 qtrs
20 MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.11M +174.4K (+18.6%) 91.24M +3.6M (+4.1%) 1.14% +0.324 pp 0.08% +0.003 pp USD66.53 +23.4% 12 qtrs
21 UBS GROUP AG 1.11M +534.8K (+93.7%) 90.77M +37.4M (+70.0%) 1.13% +0.636 pp 0.01% +0.006 pp USD90.86 -9.6% 20 qtrs
22 NORGES BANK 1.10M +1.1M (+100.0%) 90.28M +90.3M (+100.0%) 1.13% +1.125 pp 0.01% +0.010 pp USD82.12 +0.0% 1 qtrs NEW
23 ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC 952.4K +555.6K (+140.0%) 77.99M +41.4M (+112.9%) 0.97% +0.630 pp 0.13% +0.068 pp USD87.29 -5.9% 17 qtrs
24 JENNISON ASSOCIATES LLC 814.7K -1.0M (-56.2%) 66.90M -107.3M (-61.6%) 0.83% -0.783 pp 0.04% -0.061 pp USD82.27 -0.2% 37 qtrs
25 BLACKROCK, INC. 804.1K +632.6K (+368.9%) 66.03M +50.0M (+311.4%) 0.82% +0.674 pp 0.00% +0.001 pp USD86.01 -4.5% 6 qtrs
26 CARRHAE CAPITAL LLP 750.9K +372.8K (+98.6%) 61.67M +26.3M (+74.3%) 0.77% +0.440 pp 2.33% +0.249 pp USD86.65 -5.2% 18 qtrs
27 PICTET ASSET MANAGEMENT HOLDING SA 704.5K +111.6K (+18.8%) 57.85M +2.4M (+4.3%) 0.72% +0.206 pp 0.06% +0.003 pp USD58.78 +39.7% 10 qtrs
28 ALLIANZ ASSET MANAGEMENT GMBH 675.8K +20.7K (+3.2%) 55.50M -5.8M (-9.5%) 0.69% +0.123 pp 0.06% -0.012 pp USD69.47 +18.2% 25 qtrs
29 WARD FERRY MANAGEMENT (BVI) LTD 597.6K +597.6K (+100.0%) 49.08M +49.1M (+100.0%) 0.61% +0.612 pp 6.10% +6.095 pp USD82.12 +0.0% 1 qtrs NEW
30 SEI INVESTMENTS CO 555.6K +13.5K (+2.5%) 45.63M -5.1M (-10.1%) 0.57% +0.098 pp 0.05% -0.010 pp USD67.49 +21.7% 37 qtrs
31 AMUNDI 549.5K +141.9K (+34.8%) 45.13M +6.4M (+16.4%) 0.56% +0.208 pp 0.01% 0.000 pp USD42.88 +91.5% 19 qtrs
32 FULLERTON FUND MANAGEMENT CO LTD. 546.7K -135.0K (-19.8%) 44.89M -18.9M (-29.6%) 0.56% -0.033 pp 1.96% -0.502 pp USD98.01 -16.2% 4 qtrs
33 CAPITAL INTERNATIONAL, INC./CA/ 531.3K +68.5K (+14.8%) 43.63M +311.0K (+0.7%) 0.54% +0.142 pp 0.34% -0.003 pp USD45.58 +80.2% 21 qtrs
34 POLAR CAPITAL HOLDINGS PLC 519.9K +156.0K (+42.9%) 42.69M +8.6M (+25.4%) 0.53% +0.216 pp 0.17% +0.001 pp USD56.60 +45.1% 11 qtrs
35 TIGER PACIFIC CAPITAL LP 497.9K +497.9K (+100.0%) 40.89M +40.9M (+100.0%) 0.51% +0.510 pp 10.94% +10.938 pp USD82.12 +0.0% 1 qtrs NEW
36 COMGEST GLOBAL INVESTORS S.A.S. 484.1K +15.9K (+3.4%) 39.75M -4.1M (-9.3%) 0.50% +0.089 pp 0.71% -0.068 pp USD97.12 -15.4% 3 qtrs
37 MITSUBISHI UFJ TRUST & BANKING CORP 460.3K -49.6K (-9.7%) 37.81M -9.9M (-20.8%) 0.47% +0.028 pp 0.09% -0.015 pp USD94.33 -12.9% 3 qtrs
38 BANK OF AMERICA CORP /DE/ 450.6K -180.0K (-28.5%) 37.01M -22.0M (-37.3%) 0.46% -0.087 pp 0.00% -0.001 pp USD65.66 +25.1% 51 qtrs
39 FIL LTD 396.6K -508.6K (-56.2%) 32.57M -52.2M (-61.6%) 0.41% -0.380 pp 0.02% -0.042 pp USD30.92 +165.6% 34 qtrs
40 GEODE CAPITAL MANAGEMENT, LLC 391.7K -4.8K (-1.2%) 32.17M -4.9M (-13.3%) 0.40% +0.057 pp 0.00% 0.000 pp USD90.38 -9.1% 47 qtrs
41 NOMURA ASSET MANAGEMENT CO LTD 381.5K +73.9K (+24.0%) 31.33M +2.5M (+8.8%) 0.39% +0.123 pp 0.08% +0.004 pp USD94.92 -13.5% 3 qtrs
42 BALYASNY ASSET MANAGEMENT L.P. 371.1K -20.1K (-5.1%) 30.47M -6.1M (-16.8%) 0.38% +0.040 pp 0.04% -0.008 pp USD96.47 -14.9% 4 qtrs
43 MAYTECH GLOBAL INVESTMENTS, LLC 306.1K +4.0K (+1.3%) 25.14M -3.1M (-11.1%) 0.31% +0.051 pp 2.55% -0.405 pp USD45.95 +78.7% 13 qtrs
44 CLEARBRIDGE INVESTMENTS, LLC 292.0K -20.0K (-6.4%) 23.98M -5.2M (-17.9%) 0.30% +0.028 pp 0.02% -0.003 pp USD93.60 -12.3% 2 qtrs
45 BREAKOUT CAPITAL PARTNERS, LP 281.8K +47.7K (+20.4%) 23.14M +1.2M (+5.6%) 0.29% +0.085 pp 16.48% +2.529 pp USD91.66 -10.4% 2 qtrs
46 CANADA PENSION PLAN INVESTMENT BOARD 273.6K +56.6K (+26.1%) 22.47M +2.2M (+10.6%) 0.28% +0.092 pp 0.02% +0.001 pp USD78.33 +4.8% 11 qtrs
47 BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. 260.5K +204.8K (+367.8%) 21.40M +16.2M (+309.3%) 0.27% +0.218 pp 0.02% +0.011 pp USD85.52 -4.0% 6 qtrs
48 ABRDN PLC 260.2K +45.1K (+21.0%) 21.37M +900.1K (+4.4%) 0.27% +0.080 pp 0.03% +0.001 pp USD91.70 -10.4% 4 qtrs
49 GREENWOODS ASSET MANAGEMENT HONG KONG LTD. 256.9K +— (+0.0%) 21.10M -2.9M (-12.3%) 0.26% +0.040 pp 0.52% -0.020 pp USD93.60 -12.3% 2 qtrs
50 GHISALLO CAPITAL MANAGEMENT LLC 250.0K -83.4K (-25.0%) 20.53M -10.7M (-34.2%) 0.26% -0.034 pp 0.92% -0.105 pp USD98.02 -16.2% 3 qtrs
51 DALTON INVESTMENTS LLC 248.9K +— (+0.0%) 20.44M -2.9M (-12.3%) 0.25% +0.039 pp 15.17% -0.450 pp USD19.71 +316.6% 24 qtrs
52 RUSSELL INVESTMENTS GROUP, LTD. 239.7K -8.8K (-3.6%) 19.68M -3.6M (-15.4%) 0.25% +0.029 pp 0.02% -0.005 pp USD79.58 +3.2% 10 qtrs
53 USS INVESTMENT MANAGEMENT LTD 239.3K +— (+0.0%) 19.65M -2.7M (-12.3%) 0.24% +0.037 pp 0.09% -0.011 pp USD94.10 -12.7% 6 qtrs
54 LAZARD ASSET MANAGEMENT LLC 229.0K -15.8K (-6.5%) 18.80M -4.1M (-17.9%) 0.23% +0.022 pp 0.03% +0.001 pp USD84.22 -2.5% 32 qtrs
55 FEDERATED HERMES, INC. 222.2K -152.9K (-40.8%) 18.25M -16.9M (-48.0%) 0.23% -0.098 pp 0.03% -0.032 pp USD94.59 -13.2% 9 qtrs
56 RBF CAPITAL, LLC 218.7K +— (+0.0%) 17.96M -2.5M (-12.3%) 0.22% +0.034 pp 0.80% -0.116 pp USD19.13 +329.3% 24 qtrs
57 AMERIPRISE FINANCIAL INC 212.6K -4.9K (-2.3%) 17.46M -2.9M (-14.2%) 0.22% +0.029 pp 0.00% -0.001 pp USD72.68 +13.0% 9 qtrs
58 BRITISH COLUMBIA INVESTMENT MANAGEMENT CORP 187.0K +187.0K (+100.0%) 15.36M +15.4M (+100.0%) 0.19% +0.191 pp 0.08% +0.081 pp USD82.12 +0.0% 1 qtrs NEW
59 KADENSA CAPITAL LTD 173.3K +31.4K (+22.1%) 14.23M +949.4K (+7.1%) 0.18% +0.054 pp 1.48% +0.110 pp USD95.11 -13.7% 4 qtrs
60 BNP PARIBAS ARBITRAGE, SNC 160.2K +78.5K (+96.1%) 13.16M +5.5M (+72.1%) 0.16% +0.093 pp 0.01% +0.002 pp USD89.76 -8.5% 20 qtrs
61 AMERICAN CENTURY COMPANIES INC 159.8K -721.0K (-81.9%) 13.13M -69.3M (-84.1%) 0.16% -0.602 pp 0.01% -0.035 pp USD69.64 +17.9% 10 qtrs
62 THORNBURG INVESTMENT MANAGEMENT INC 159.7K +159.7K (+100.0%) 13.12M +13.1M (+100.0%) 0.16% +0.164 pp 0.17% +0.166 pp USD82.12 +0.0% 1 qtrs NEW
63 DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN 150.1K -38.6K (-20.4%) 12.33M -5.3M (-30.2%) 0.15% -0.010 pp 0.01% -0.005 pp USD88.72 -7.4% 21 qtrs
64 PANVIEW CAPITAL LTD 146.5K +146.5K (+100.0%) 12.03M +12.0M (+100.0%) 0.15% +0.150 pp 4.32% +4.319 pp USD82.12 +0.0% 1 qtrs NEW
65 AXIOM INVESTORS LLC /DE 143.3K -171.8K (-54.5%) 11.77M -17.7M (-60.1%) 0.15% -0.127 pp 0.10% -0.114 pp USD78.38 +4.8% 10 qtrs
66 BANK OF NEW YORK MELLON CORP 139.4K +3.4K (+2.5%) 11.45M -1.3M (-10.1%) 0.14% +0.025 pp 0.00% 0.000 pp USD107.78 -23.8% 8 qtrs
67 MILLENNIUM MANAGEMENT LLC 137.0K -185.9K (-57.6%) 11.25M -19.0M (-62.8%) 0.14% -0.140 pp 0.00% -0.008 pp USD98.02 -16.2% 19 qtrs
68 AVIVA PLC 135.2K +1.9K (+1.5%) 11.10M -1.4M (-11.0%) 0.14% +0.023 pp 0.02% -0.004 pp USD35.93 +128.6% 23 qtrs
69 MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 126.5K -53.7K (-29.8%) 10.39M -6.5M (-38.4%) 0.13% -0.027 pp 3.15% -0.773 pp USD95.10 -13.6% 6 qtrs
70 STEADVIEW CAPITAL MANAGEMENT LLC 123.0K -71.0K (-36.6%) 10.10M -8.1M (-44.4%) 0.13% -0.043 pp 1.90% -0.700 pp USD101.74 -19.3% 5 qtrs
71 PALISADES INVESTMENT PARTNERS, LLC 119.4K +1.9K (+1.6%) 9.80M -1.2M (-10.8%) 0.12% +0.020 pp 3.70% -0.614 pp USD88.69 -7.4% 7 qtrs
72 SEATOWN HOLDINGS PTE. LTD. 116.7K -76.6K (-39.6%) 9.58M -8.5M (-47.0%) 0.12% -0.049 pp 5.56% -4.870 pp USD104.99 -21.8% 5 qtrs
73 C WORLDWIDE GROUP HOLDING A/S 116.2K -20.7K (-15.1%) 9.54M -3.3M (-25.5%) 0.12% +0.000 pp 0.17% -0.031 pp USD67.62 +21.4% 9 qtrs
74 JANE STREET GROUP, LLC 111.2K +106.6K (+2,317.4%) 9.13M +8.7M (+2,020.9%) 0.11% +0.110 pp 0.00% +0.001 pp USD82.76 -0.8% 6 qtrs
75 GROUPE LA FRANCAISE 109.5K +11.4K (+11.6%) 8.98M -203.7K (-2.2%) 0.11% +0.027 pp 0.13% +0.002 pp USD95.34 -13.9% 4 qtrs
76 BESSEMER GROUP INC 106.4K +47.7K (+81.3%) 8.74M +3.2M (+59.1%) 0.11% +0.058 pp 0.01% +0.005 pp USD88.45 -7.2% 2 qtrs
77 MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. 104.9K -54.5K (-34.2%) 8.61M -6.3M (-42.3%) 0.11% -0.031 pp 0.02% -0.023 pp USD97.84 -16.1% 8 qtrs
78 STATE STREET CORP 100.9K +4.5K (+4.7%) 8.29M -737.6K (-8.2%) 0.10% +0.020 pp 0.00% +0.000 pp USD63.89 +28.5% 38 qtrs
79 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 97.4K -17.6K (-15.3%) 7.99M -2.8M (-25.7%) 0.10% 0.000 pp 0.00% -0.002 pp USD93.60 -12.3% 2 qtrs
80 JANUS HENDERSON GROUP PLC 95.2K +46.6K (+95.9%) 7.82M +3.3M (+71.9%) 0.10% +0.055 pp 0.00% +0.001 pp USD68.88 +19.2% 12 qtrs
81 NINETY ONE UK LTD 94.7K +12.2K (+14.7%) 7.77M +51.6K (+0.7%) 0.10% +0.025 pp 0.02% +0.000 pp USD96.56 -15.0% 6 qtrs
82 SUSTAINABLE GROWTH ADVISERS, LP 91.0K +30.8K (+51.3%) 7.47M +1.8M (+32.7%) 0.09% +0.041 pp 0.05% +0.019 pp USD92.41 -11.1% 3 qtrs
83 LEGAL & GENERAL GROUP PLC 90.5K +11.2K (+14.1%) 7.44M +6.8K (+0.1%) 0.09% +0.024 pp 0.00% +0.000 pp USD87.15 -5.8% 34 qtrs
84 VANGUARD GROUP INC 89.3K +3.6K (+4.2%) 7.34M -691.8K (-8.6%) 0.09% +0.017 pp 0.00% +0.000 pp USD84.76 -3.1% 8 qtrs
85 HUDSON BAY CAPITAL MANAGEMENT LP 85.1K +4.1K (+5.0%) 6.99M -594.8K (-7.8%) 0.09% +0.017 pp 0.02% -0.002 pp USD95.07 -13.6% 4 qtrs
86 KORNITZER CAPITAL MANAGEMENT INC /KS 80.0K +15.0K (+23.1%) 6.57M +485.6K (+8.0%) 0.08% +0.025 pp 0.14% +0.014 pp USD95.04 -13.6% 3 qtrs
87 SUSQUEHANNA INTERNATIONAL GROUP, LLP 78.4K +41.4K (+111.9%) 6.44M +3.0M (+85.9%) 0.08% +0.048 pp 0.00% +0.000 pp USD86.86 -5.5% 10 qtrs
88 KEYSTONE INVESTORS PTE LTD 77.6K +77.6K (+100.0%) 6.37M +6.4M (+100.0%) 0.08% +0.079 pp 0.57% +0.572 pp USD82.12 +0.0% 8 qtrs
89 EXCHANGE TRADED CONCEPTS, LLC 73.9K -8.7K (-10.5%) 6.07M -1.7M (-21.5%) 0.08% +0.004 pp 0.05% -0.020 pp USD79.72 +3.0% 18 qtrs
90 FACT CAPITAL, LP 69.6K +292.0 (+0.4%) 5.72M -772.1K (-11.9%) 0.07% +0.011 pp 3.10% -0.277 pp USD104.12 -21.1% 5 qtrs
91 CAUSEWAY CAPITAL MANAGEMENT LLC 68.2K -14.2K (-17.2%) 5.60M -2.1M (-27.4%) 0.07% -0.002 pp 0.08% -0.025 pp USD34.15 +140.5% 13 qtrs
92 AQUATIC CAPITAL MANAGEMENT LLC 66.7K +20.1K (+43.0%) 5.48M +1.1M (+25.4%) 0.07% +0.028 pp 0.16% +0.075 pp USD90.15 -8.9% 6 qtrs
93 DEUTSCHE BANK AG\ 66.0K +17.1K (+34.8%) 5.42M +839.2K (+18.3%) 0.07% +0.025 pp 0.00% +0.000 pp USD90.92 -9.7% 7 qtrs
94 ZEVENBERGEN CAPITAL INVESTMENTS LLC 63.8K +22.2K (+53.5%) 5.24M +1.3M (+34.7%) 0.07% +0.029 pp 0.12% +0.041 pp USD89.60 -8.3% 2 qtrs
95 NEUBERGER BERMAN GROUP LLC 59.3K -147.2K (-71.3%) 4.87M -14.5M (-74.8%) 0.06% -0.119 pp 0.00% -0.011 pp USD85.37 -3.8% 20 qtrs
96 ACADIAN ASSET MANAGEMENT LLC 59.4K -92.7K (-60.9%) 4.87M -9.3M (-65.7%) 0.06% -0.071 pp 0.01% -0.017 pp USD77.68 +5.7% 14 qtrs
97 HSBC HOLDINGS PLC 55.0K +55.0K (+100.0%) 4.51M +4.5M (+100.0%) 0.06% +0.056 pp 0.00% +0.002 pp USD82.12 +0.0% 7 qtrs
98 POLEN CAPITAL MANAGEMENT LLC 53.7K -33.6K (-38.5%) 4.41M -3.8M (-46.1%) 0.05% -0.021 pp 0.02% -0.008 pp USD98.02 -16.2% 3 qtrs
99 STATE OF NEW JERSEY COMMON PENSION FUND D 53.6K +12.3K (+29.7%) 4.41M +532.5K (+13.7%) 0.05% +0.019 pp 0.02% +0.002 pp USD59.26 +38.6% 9 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
0
Sells
0
Shares acquired
Shares disposed
Cash buys
Cash sales
Net activity
+0
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-17 Magow Rajesh Director / Officer Restricted Stock Units 1,377,087 0.00 688.54 0 D
2026-03-17 Kabra Mohit Director / Officer Restricted Stock Units 209,021 0.00 104.51 0 D
2026-03-17 Deep Kalra Director Restricted Stock Units 373,379 0.00 186.69 0 D
2026-03-17 Bohra Dipak Kumar Officer Restricted Stock Units 7,095 0.00 3.55 0 D
2026-03-16 Xiong Xing 0 0.00 0
2026-03-16 Wu May Yihong 0 0.00 0
2026-03-16 Sun Jie 0 0.00 0
2026-03-16 Payandi-Pillay-Ramen Savinilorna 0 0.00 0
2026-03-16 Joomye Hashim 0 0.00 0
2026-03-16 Guleri Aditya Tim 0 0.00 0
2026-03-16 Gour Vivek N. 0 0.00 0
2022-08-19 Magow Rajesh Director / Officer Stock Options (Right to Buy) 235,100 22.29 5.24M 0 D
2022-08-19 Kabra Mohit Director / Officer Stock Options (Right to Buy) 21,900 22.29 488.2K 0 D
2022-08-19 Deep Kalra Director Stock Options (Right to Buy) 235,100 22.29 5.24M 0 D

Executive team

Top executives
EBIT / Employee
33.6K
Shares Outstanding
94.87M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-19 6-K
2026-05-19 6-K
2026-04-23 SC 13G/A
2026-03-17 3
2026-03-17 3
2026-03-17 3
2026-03-17 3
2026-03-16 6-K
2026-03-16 3
2026-03-16 3

Executive team

NameTitleCompensationGender
Deep Kalra Founder, Group Chairman & Chief Mentor male
Dipak Kumar Bohra Group Chief Financial Officer male
Mohit Kabra Group Chief Operating Officer & Director male
Parikshit Choudhury Chief Business Officer of B2B & Customer Contact Group male
Raj Rishi Singh Chief Marketing Officer and CBO of Corporate, Flights & GCC male
Rajesh Magow Co-Founder, Group Chief Executive Officer & Director male
Ravi Prakash Tyagi Vice President of Administration male
Sanjay Mohan Group Chief Technology Officer male
Vipul Garg Senior Vice President of Investor Relations male
Yuvaraj Srivastava Group Chief Human Resource Officer male
ESG Rating
B
TRAVEL SERVICES
Rank: 1 out of 17
2025
E (Environmental)
50.0 / 60.2
Company / Sector avg.
S (Social)
70.2 / 66.9
Company / Sector avg.
G (Governance)
77.7 / 62.1
Company / Sector avg.
ESG Total
66.0 / 63.1
Company / Sector avg.
ESG Score History TRAVEL SERVICES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits