MakeMyTrip (STU:MY1) OCF Margin %: 18.57% (As of Mar. 2026) — 397% Above Median


STU:MY1 MakeMyTrip Ltd STU:MY1
60 GF Score
Price €46.66
GF Value €92.27
Valuation Possible Value Trap
! 4 Warning Signs
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What is MakeMyTrip OCF Margin %?

MakeMyTrip STU:MY1 +2.50% 60 OCF Margin % is 18.57% as of Mar. 2026, which is 397% above its 10-year median of 3.74. GuruFocus rates STU:MY1 with a GF Score™ of 60/100 and a GF Value™ of €92.27 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 844 Travel & Leisure companies, MakeMyTrip ranks better than 58.18% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. MakeMyTrip's Cash Flow from Operations for the three months ended in Mar. 2026 was €40.2 Mil. MakeMyTrip's Revenue for the three months ended in Mar. 2026 was €216.4 Mil. Therefore, MakeMyTrip's OCF Margin % for the quarter that ended in Mar. 2026 was 18.57%.

As of today, MakeMyTrip's current OCF Yield % is 3.60%.

The historical rank and industry rank for MakeMyTrip's OCF Margin % or its related term are showing as below:

STU:MY1' s OCF Margin % Range Over the Past 10 Years
Min: -24.23   Med: 3.74   Max: 39.48
Current: 17.48


During the past 13 years, the highest OCF Margin % of MakeMyTrip was 39.48%. The lowest was -24.23%. And the median was 3.74%.

STU:MY1's OCF Margin % is ranked better than
58.18% of 844 companies
in the Travel & Leisure industry
Industry Median: 14.055 vs STU:MY1: 17.48


MakeMyTrip OCF Margin % Related Terms


MakeMyTrip OCF Margin % Historical Data

* Premium members only.

The historical data trend for MakeMyTrip's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MakeMyTrip OCF Margin % Chart

MakeMyTrip Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 5.43 16.07 18.94 17.48

MakeMyTrip Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.79 15.56 21.22 15.42 18.57

STU:MY1 vs TNL, GBTG, LIND: OCF Margin % Comparison

For the Travel Services subindustry, MakeMyTrip's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MakeMyTrip OCF Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MakeMyTrip's OCF Margin % distribution charts can be found below:

* The bar in red indicates where MakeMyTrip's OCF Margin % falls into.


STU:MY1
60GF Score
MakeMyTrip Ltd STU:MY1
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MakeMyTrip OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

MakeMyTrip's OCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=157.895/903.052
=17.48 %

MakeMyTrip's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=40.171/216.35
=18.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 18.57% mean?
MakeMyTrip (STU:MY1) has a OCF Margin % of 18.57% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on MakeMyTrip and its competitors. This is 397% above median its historical median of 3.74. According to the industry distribution chart, MakeMyTrip ranks #353 out of 844 companies in the Travel & Leisure industry, placing it in the top 41.8%.
Is MakeMyTrip's OCF Margin % too high?
MakeMyTrip's current OCF Margin % of 18.57% is 397% above median its 10-year median of 3.74. The Travel & Leisure industry median OCF Margin % is 14.06. MakeMyTrip's value of 18.57% is 32.1% above this industry median. Based on the distribution chart, MakeMyTrip ranks #353 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, MakeMyTrip has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MakeMyTrip's OCF Margin % compare to TNL and GBTG?
According to the Travel & Leisure industry distribution chart, MakeMyTrip ranks #353 out of 844 companies for OCF Margin %. This puts MakeMyTrip in the upper half of its industry. The industry median OCF Margin % is 14.06. MakeMyTrip's value of 18.57% is 32.1% above this benchmark. While the company's 10-year median is 3.74 vs. the industry median of 14.06, MakeMyTrip has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Travel & Leisure company?
The median OCF Margin % among Travel & Leisure companies is 14.06, based on 844 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MakeMyTrip's current OCF Margin % of 18.57% is 32.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on MakeMyTrip and its competitors. For the Travel & Leisure industry, the median OCF Margin % is 14.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MakeMyTrip's current OCF Margin % is 18.57%, which is 397% above median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MakeMyTrip stock overvalued right now?
Based on GuruFocus' analysis, MakeMyTrip (STU:MY1) is currently considered Possible Value Trap. The stock's GF Value™ is €92.27, compared to a current price of €46.66 — trading 49.4% below its estimated fair value. The current OCF Margin % is 18.57%, which is 397% above median its 10-year median of 3.74 and 32.1% above the Travel & Leisure industry median of 14.06. MakeMyTrip's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For MakeMyTrip (STU:MY1), the current OCF Margin % is 18.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MakeMyTrip (STU:MY1) Overvalued in 2026?

Based on GuruFocus' analysis, MakeMyTrip stock appears to be undervalued. The current stock price of €46.66 is trading 49.4% below its estimated GF Value™ of €92.27. GuruFocus considers MakeMyTrip to be Possible Value Trap.

Key valuation signals for STU:MY1:

  • OCF Margin %: 18.57% (397% above median its 10-year median of 3.74)
  • GF Value™: €92.27 vs. price of €46.66 (49.4% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 32.1% above the Travel & Leisure median (#353 of 844)

No single metric tells the full story. See the STU:MY1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MakeMyTrip Business Description

Other Exchanges MMYT:USA
Address DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Sector 24, Gurugram, HR, IND, 122002
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.
60GF Score

Get the complete analysis for STU:MY1

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€46.66
Price
€92.27
GF Value