MakeMyTrip (MMYT) Interest Coverage Ratio (2009 - 2026)
MakeMyTrip's Interest Coverage Ratio was 1.25 in the quarter ended Jun 30, 2026, down 66.7% from 3.75 a year earlier and down 48.6% from the prior quarter.
MakeMyTrip (MMYT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, MakeMyTrip's Interest Coverage Ratio was 1.23 through Jun 30, 2026, down 65.1% year-over-year; for the year ended Mar 31, 2026, it came in at 1.49, down 60.0% from the prior year.
- In earlier years, Interest Coverage Ratio was 3.73 in the year ended Mar 31, 2025 (+58.1%), 2.36 in the year ended Mar 31, 2024 (+366.1%), 0.51 in the year ended Mar 31, 2023 and -1.15 in the year ended Mar 31, 2022.
- Quarterly Interest Coverage Ratio has moved between -1.65 (the quarter ended Sep 30, 2021) and 5.03 (the quarter ended Jun 30, 2024) over five years.
- Compared with a year earlier, Interest Coverage Ratio has declined for five straight quarters, with growth averaging 77.8% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was the quarter ended Mar 31, 2025 (growth of 512.7%); the worst was the quarter ended Sep 30, 2025 (a decline of 76.2%).
- Per Business Quant data, MMYT's Interest Coverage Ratio in the three quarters before the quarter ended Jun 30, 2026 was 2.43 (quarter ended Mar 31, 2026), 1.18 (quarter ended Dec 31, 2025) and 0.80 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | - |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 23.86 |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 6.45 |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 14.88 |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 8.33 |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | - |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 29.21 |
| 10 | MakeMyTrip | 4.29 Bn | 1.11 Bn | - | 1.25 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 |
| Mar 31, 2026 | 2.43 |
| Dec 31, 2025 | 1.18 |
| Sep 30, 2025 | 0.80 |
| Jun 30, 2025 | 3.75 |
| Mar 31, 2025 | 4.18 |
| Dec 31, 2024 | 3.03 |
| Sep 30, 2024 | 3.36 |
| Jun 30, 2024 | 5.03 |
| Mar 31, 2024 | 0.68 |
| Dec 31, 2023 | 3.64 |
| Sep 30, 2023 | 0.68 |
| Jun 30, 2023 | 3.79 |
| Mar 31, 2023 | 1.37 |
| Dec 31, 2022 | 0.70 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | -1.19 |
| Sep 30, 2021 | -1.65 |
MakeMyTrip Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MMYT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MMYT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MMYT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();