MakeMyTrip Ltd balance sheet MMYT

Annual Quarterly

As of Mar 31, 2025, MakeMyTrip Ltd had total assets of $1.8 billion and total liabilities of $620.3 million. Total assets were up 10.1% from a year earlier. Stockholders' equity was $1.2 billion. It held $508.9 million in cash and investments against $251.4 million of total debt, net cash of $257.5 million. The current ratio, current assets divided by current liabilities, was 1.85.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2025 Mar 31, 2025	FY 2024 Mar 31, 2024	FY 2023 Mar 31, 2023	FY 2022 Mar 31, 2022	FY 2021 Mar 31, 2021	FY 2020 Mar 31, 2020	FY 2019 Mar 31, 2019	FY 2018 Mar 31, 2018
Assets
Cash	509 +55.6%	327 +15.2%	284 +33.2%	213 -27.7%	295 +127.2%	130 -27.0%	178 -5.1%	188
Cash and investments	509 +55.6%	327 +15.2%	284 +33.2%	213 -27.7%	295 +127.2%	130 -27.0%	178 -5.1%	188
Receivables	141 +53.5%	92 +33.6%	69 +91.7%	36 +42.6%	25 -52.9%	53 +0.4%	53 -5.7%	56
Inventory	0 +66.5%	0 +772.0%	0 +127.3%	0 -72.5%	0 +11.1%	0 -94.1%	1 +1.7%	1
Total current assets	1,065 +24.3%	857 +27.6%	672 +13.6%	591 +18.0%	501 +79.6%	279 -36.7%	441 -18.5%	541
Property and equipment, net	26 +2.2%	26 +2.0%	25 +31.4%	19 -12.8%	22 -38.4%	36 +166.7%	13 -1.4%	14
Goodwill	—	—	—	601	—	—	—	—
Total assets	1,828 +10.1%	1,660 +22.1%	1,360 +2.8%	1,323 +1.0%	1,309 +20.8%	1,083 -31.0%	1,570 -11.1%	1,765
Liabilities and equity
Accounts payable	147 +24.0%	119 +32.0%	90 +42.9%	63 +17.3%	54 -24.3%	71 -36.2%	111 -36.8%	176
Total current liabilities	577 +93.8%	298 -34.4%	454 +137.2%	191 -1.5%	194 +8.0%	180 -12.1%	205 +2.3%	200
Total liabilities	620 +14.1%	544 +12.4%	484 +13.5%	426 +2.0%	418 +89.1%	221 +3.8%	213 +3.1%	207
Stockholders' equity	1,208 +8.2%	1,116 +27.4%	876 -2.3%	896 +0.6%	891 +3.4%	862 -36.5%	1,357 -12.9%	1,559
Debt
Debt due within a year	222 +4522.2%	5 -97.8%	220 +7807.6%	3 +18.7%	2 -41.1%	4 +1604.3%	0 +2.2%	0
Long-term debt	14 -93.6%	217 +1285.4%	16 -92.7%	214 +6.0%	202 +832.8%	22 +4459.7%	0 +11.8%	0
Lease liabilities	15 -7.8%	17 +1.7%	16 +17.4%	14 -10.8%	16 -36.3%	25	—	—
Total debt	251 +5.5%	238 -5.3%	252 +9.1%	231 +5.0%	220 +338.0%	50 +6991.5%	1 +8.4%	1
Net cash	258 +190.0%	89 +173.4%	32 +288.2%	-17 -122.9%	75 -5.4%	80 -55.0%	177 -5.2%	187
Ratios
Current ratio	1.85x	2.88x	1.48x	3.09x	2.58x	1.55x	2.15x	2.70x
Debt to equity	0.21x	0.21x	0.29x	0.26x	0.25x	0.06x	0.00x	0.00x
Return on equity	7.89%	19.41%	-1.27%	-5.08%	-6.29%	-51.90%	-12.37%	-14.13%
Return on assets	5.21%	13.06%	-0.82%	-3.44%	-4.28%	-41.31%	-10.69%	-12.47%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Transportation Services (SIC 4700)
Listed as: MMYT (Nasdaq)
Fiscal year ends: March 31
Incorporated in: Mauritius
Headquarters: Gurgaon, India
SEC filer status: Large accelerated filer
SEC CIK: 1495153

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.