MakeMyTrip Ltd - Company Profile
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MakeMyTrip Ltd (MakeMyTrip) is an online travel company. The company operates through its online brands including MakeMyTrip.com, goibio.com, Quest2Travel and redbus.in. Through these platforms, it offers air tickets, hotel accommodation, bus tickets, rail tickets, travel packages, car hire, and other travel requirements such as access to visa processing and travel insurance. MakeMyTrip provides access to all major domestic full-service and low-cost airlines operating in India. Its major customers include leisure travelers and small businesses. The company provides its services through a wide range of distribution channels including websites, call centers, airport counters and travel stores, travel agents’ network in India and mobile service platform. The company operates in the US, Singapore, Columbia, India, Indonesia, Thailand, Peru, UAE, Mauritius, Hong Kong, and Malaysia. MakeMyTrip is headquartered in Gurugram, Haryana, India.
Headquarters
India
Address
19th Floor, Building No.5, Dlf Cyber City, Gurgaon, Haryana, 122002
Website
investors.makemytrip.com
Telephone
91 124 4395000
No of Employees
4,090
Industry
Leisure and Arts
Ticker Symbol & Exchange
MMYT (NASD)
Revenue (2022)
$593.0M
95.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
75.1%
(2022 vs 2021)
Market Cap*
$6.5B
Net Profit Margin (2022)
XYZ
87.2%
(2022 vs 2021)
* As of and is in US$
MakeMyTrip Ltd premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Air Tickets | MakeMyTrip |
| Online Hotel Booking | redBus |
| Tour Packages | Goibibo |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the company introduced a new charter service between Mumbai and Bhutan. |
| 2024 | New Products/Services | In February, the company introduced its new Business Class Funnel for international flights. |
| 2023 | Contracts/Agreements | In October, the company entered into an agreement to acquire a majority stake in Savaari Car Rentals Private Limited. |
Competitor Comparison
| Key Parameters | MakeMyTrip Ltd | Booking Holdings Inc | Expedia Group Inc | Thomas Cook (India) Limited | Yatra Online Ltd |
|---|---|---|---|---|---|
| Headquarters | India | United States of America | United States of America | India | India |
| City | Gurgaon | Norwalk | Seattle | Mumbai | Gurgaon |
| State/Province | Haryana | Connecticut | Washington | Maharashtra | Haryana |
| No. of Employees | 4,090 | 23,600 | 17,100 | 1,948 | 1,086 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Deep Kalra | Founder; Chairman | Executive Board | 2020 | 54 |
| Rajesh Magow | Chief Executive Officer - Group; Director; Co-Founder | Executive Board | 2020 | 54 |
| Mohit Kabra | Chief Financial Officer - Group | Senior Management | 2011 | 52 |
| Xiangrong Li | Director | Non Executive Board | 2019 | 50 |
| Aditya Tim Guleri | Director | Non Executive Board | 2007 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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