MakeMyTrip annual net debt
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
MakeMyTrip Net Debt Growth & History (MMYT)
MakeMyTrip's net debt was $981.6M for fiscal 2026.
View full MakeMyTrip company overviewMakeMyTrip annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $981.6M | $1.24B | — |
| 2025 | 2025-03-31 | −$257.5M | −$168.7M | — |
| 2024 | 2024-03-31 | −$88.8M | −$56.3M | — |
| 2023 | 2023-03-31 | −$32.5M | −$49.7M | — |
| 2022 | 2022-03-31 | $17.3M | $92.7M | — |
| 2021 | 2021-03-31 | −$75.5M | $4.3M | — |
| 2020 | 2020-03-31 | −$79.7M | $97.5M | — |
| 2019 | 2019-03-31 | −$177.3M | $9.7M | — |
| 2018 | 2018-03-31 | −$187.0M | −$86.0M | — |
| 2017 | 2017-03-31 | −$101.0M | — | — |
MakeMyTrip quarterly net debt
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | $1.07B | $192.0M | +21.98% |
| Q4 2026 | 2026-03-31 | $981.6M | $1.24B | — |
| Q3 2026 | 2025-12-31 | $977.2M | — | — |
| Q2 2026 | 2025-09-30 | $865.6M | — | — |
| Q1 2026 | 2025-06-30 | $873.5M | — | — |
| Q4 2025 | 2025-03-31 | −$257.5M | −$168.7M | — |
| Q4 2024 | 2024-03-31 | −$88.8M | −$56.3M | — |
| Q4 2023 | 2023-03-31 | −$32.5M | −$49.7M | — |
| Q4 2022 | 2022-03-31 | $17.3M | $92.7M | — |
| Q4 2021 | 2021-03-31 | −$75.5M | $4.3M | — |
| Q4 2020 | 2020-03-31 | −$79.7M | $97.5M | — |
| Q4 2019 | 2019-03-31 | −$177.3M | $9.7M | — |
| Q4 2018 | 2018-03-31 | −$187.0M | −$86.0M | — |
| Q4 2017 | 2017-03-31 | −$101.0M | — | — |
MakeMyTrip net debt trends
Over the last five fiscal years, MakeMyTrip's net debt increased from −$75.5M to $981.6M, a change of $1.06B. The latest reported quarter, Q1 2027, shows $1.07B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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