MakeMyTrip (MMYT) Non-Current Deferred Tax Liability (2011 - 2026)
MakeMyTrip (MMYT) recorded quarterly Non-Current Deferred Tax Liability of $47.1 million in Q1 2026, up 2.83% quarter-over-quarter from $45.8 million in Q4 2025, and up 1766.27% on a YoY basis from $2.5 million in Q1 2025.
MakeMyTrip (MMYT) Non-Current Deferred Tax Liability (2011 - 2026) Analysis & Trends
MakeMyTrip's Non-Current Deferred Tax Liability history runs 16 years deep, the most recent figure standing at $47.1 million for Q1 2026.
- In Q1 2026, Non-Current Deferred Tax Liability rose 1766.27% year-over-year to $47.1 million; the TTM figure through Mar 2026 stood at $47.1 million (up 1766.27% YoY), while the FY2026 annual figure was $47.1 million, up 1766.27% from the prior year.
- Non-Current Deferred Tax Liability was $47.1 million for Q1 2026 at MakeMyTrip, up from $45.8 million in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $55.6 million in Q2 2025 to a low of $432000.0 in Q4 2023.
- Historically, Non-Current Deferred Tax Liability has averaged $13.4 million across 5 years, with a median of $2.6 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Non-Current Deferred Tax Liability slumped 78.81% in 2023, then jumped 1766.27% in 2026.
- A 5-year view of Non-Current Deferred Tax Liability shows it stood at $1.1 million in 2022, then slumped by 61.26% to $432000.0 in 2023, then soared by 563.43% to $2.9 million in 2024, then surged by 1499.65% to $45.8 million in 2025, then increased by 2.83% to $47.1 million in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at $47.1 million (Q1 2026), $45.8 million (Q4 2025), and $50.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.14 Mn |
| Mar 31, 2026 | 47.14 Mn |
| Dec 31, 2025 | 45.85 Mn |
| Dec 31, 2025 | 45.85 Mn |
| Sep 30, 2025 | 50.82 Mn |
| Sep 30, 2025 | 50.82 Mn |
| Jun 30, 2025 | 55.65 Mn |
| Jun 30, 2025 | 55.65 Mn |
| Mar 31, 2025 | 2.53 Mn |
| Mar 31, 2025 | 2.53 Mn |
| Dec 31, 2024 | 2.87 Mn |
| Dec 31, 2024 | 2.87 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Jun 30, 2024 | 4.20 Mn |
| Jun 30, 2024 | 4.20 Mn |
| Mar 31, 2024 | 4.75 Mn |
| Mar 31, 2024 | 4.75 Mn |
| Dec 31, 2023 | 432,000.00 |
| Dec 31, 2023 | 432,000.00 |