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
DateValue
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