MakeMyTrip Limited (MY1) - Net Assets
Based on the latest financial reports, MakeMyTrip Limited (MY1) has net assets worth €-7.35 Million EUR (≈ $-8.60 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.86 Billion ≈ $2.17 Billion USD) and total liabilities (€1.87 Billion ≈ $2.18 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore MY1 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-7.35 Million |
| % of Total Assets | -0.4% |
| Annual Growth Rate | 20.02% |
| 5-Year Change | 35.55% |
| 10-Year Change | 1456.49% |
| Growth Volatility | 493.88 |
MakeMyTrip Limited - Net Assets Trend (2014–2025)
This chart illustrates how MakeMyTrip Limited's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see MakeMyTrip Limited market capitalisation.
Annual Net Assets for MakeMyTrip Limited (2014–2025)
The table below shows the annual net assets of MakeMyTrip Limited from 2014 to 2025. Explore MakeMyTrip Limited cash conversion from operations to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €1.21 Billion ≈ $1.41 Billion |
+8.20% |
| 2024-03-31 | €1.12 Billion ≈ $1.31 Billion |
+27.44% |
| 2023-03-31 | €876.06 Million ≈ $1.02 Billion |
-2.28% |
| 2022-03-31 | €896.48 Million ≈ $1.05 Billion |
+0.59% |
| 2021-03-31 | €891.19 Million ≈ $1.04 Billion |
+3.35% |
| 2020-03-31 | €862.29 Million ≈ $1.01 Billion |
-36.47% |
| 2019-03-31 | €1.36 Billion ≈ $1.59 Billion |
-12.93% |
| 2018-03-31 | €1.56 Billion ≈ $1.82 Billion |
+10.92% |
| 2017-03-31 | €1.41 Billion ≈ $1.64 Billion |
+1710.95% |
| 2016-03-31 | €77.61 Million ≈ $90.73 Million |
-50.83% |
| 2015-03-31 | €157.85 Million ≈ $184.55 Million |
-2.74% |
| 2014-03-31 | €162.30 Million ≈ $189.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MakeMyTrip Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 84806300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.13 Billion | 177.32% |
| Total Equity | €1.20 Billion | 100.00% |
MakeMyTrip Limited Competitors by Market Cap
The table below lists competitors of MakeMyTrip Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GMS Inc
NYSE:GMS
|
$4.20 Billion |
|
Victoria's Secret & Co
NYSE:VSCO
|
$4.20 Billion |
|
Sandfire Resources Limited
F:S2Z
|
$4.20 Billion |
|
GRIFOLS ADR 1/2/EO-50
F:G0F
|
$4.21 Billion |
|
AutoStore Holdings Ltd
OL:AUTO
|
$4.19 Billion |
|
Shenzhen Woer Heat-Shrinkable Material Co Ltd
SHE:002130
|
$4.19 Billion |
|
Container Corporation of India Limited
NSE:CONCOR
|
$4.19 Billion |
|
Ondas Holdings Inc.
NASDAQ:ONDS
|
$4.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MakeMyTrip Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,110,855,000 to 1,202,630,000, a change of 91,775,000 (8.3%).
- Net income of 95,101,000 contributed positively to equity growth.
- Share repurchases of 21,722,000 reduced equity.
- Other factors increased equity by 18,396,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €95.10 Million | +7.91% |
| Share Repurchases | €21.72 Million | -1.81% |
| Other Changes | €18.40 Million | +1.53% |
| Total Change | €- | 8.26% |
Book Value vs Market Value Analysis
This analysis compares MakeMyTrip Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.61x to 3.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €15.32 | €40.07 | x |
| 2018-03-31 | €15.28 | €40.07 | x |
| 2019-03-31 | €13.18 | €40.07 | x |
| 2020-03-31 | €8.31 | €40.07 | x |
| 2021-03-31 | €8.53 | €40.07 | x |
| 2022-03-31 | €8.54 | €40.07 | x |
| 2023-03-31 | €8.19 | €40.07 | x |
| 2024-03-31 | €10.12 | €40.07 | x |
| 2025-03-31 | €10.81 | €40.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MakeMyTrip Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.72%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.52x
- Recent ROE (7.91%) is above the historical average (-17.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -12.96% | -8.20% | 0.95x | 1.67x | €-37.09 Million |
| 2015 | -11.61% | -6.09% | 1.07x | 1.78x | €-33.98 Million |
| 2016 | -114.06% | -26.34% | 0.84x | 5.17x | €-96.28 Million |
| 2017 | -7.84% | -24.61% | 0.29x | 1.10x | €-250.65 Million |
| 2018 | -14.01% | -32.35% | 0.38x | 1.13x | €-374.28 Million |
| 2019 | -12.36% | -34.52% | 0.31x | 1.16x | €-303.48 Million |
| 2020 | -52.17% | -87.54% | 0.47x | 1.26x | €-533.60 Million |
| 2021 | -6.27% | -34.04% | 0.12x | 1.47x | €-144.39 Million |
| 2022 | -5.08% | -14.94% | 0.23x | 1.48x | €-134.82 Million |
| 2023 | -1.30% | -1.91% | 0.44x | 1.56x | €-98.28 Million |
| 2024 | 19.52% | 27.71% | 0.47x | 1.49x | €105.72 Million |
| 2025 | 7.91% | 9.72% | 0.54x | 1.52x | €-25.16 Million |
Industry Comparison
This section compares MakeMyTrip Limited's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $30,923,329,875
- Average return on equity (ROE) among peers: 3.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MakeMyTrip Limited (MY1) | €-7.35 Million | -12.96% | N/A | $4.20 Billion |
| Lastminute.com NV (09B) | $56.90 Million | 20.27% | 7.46x | $143.20 Million |
| Tuniu Corporation (0TUA) | $2.71 Billion | -25.79% | 1.43x | $75.01 Million |
| aovo Touristik AG (A8N) | $0.00 | 0.00% | 0.00x | $2.97 Million |
| Trip.com Group Limited (CLV) | $88.73 Billion | 1.25% | 1.09x | $28.24 Billion |
| TRIP.COM GROUP DL-00125 (CLVB) | $143.48 Billion | 11.89% | 0.69x | $28.89 Billion |
| Carnival Corporation & plc (POH1) | $6.88 Billion | -1.08% | 6.14x | $3.82 Billion |
| TUI AG (TUI1) | $2.53 Billion | 3.57% | 4.54x | $3.76 Billion |
| TUI AG (TUI1) | $2.99 Billion | 16.33% | 3.12x | $3.59 Billion |
About MakeMyTrip Limited
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. Its products and services include air ticketing, hotels and packages, bus… Read more