← MakeMyTrip Ltd
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | — | — | — | — | — | — | ($11.3m) | $216.8m | $95.1m | $51.8m | |
| Net Income From Continuing Operations | — | — | — | — | — | — | ($11.2m) | $216.7m | $95.3m | $51.7m | |
| Depreciation | $5.1m | $4.4m | $3.9m | $9.3m | $9.0m | $6.0m | $6.1m | $7.4m | $9.1m | $9.8m | |
| Amortization | $9.4m | $25.5m | $22.9m | $24.3m | $24.0m | $23.3m | $21.1m | $19.8m | $18.0m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $21.1m | $19.8m | $18.0m | $18.1m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $21.1m | $19.8m | $18.0m | $18.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $27.2m | $27.2m | $27.1m | $27.8m | |
| Deferred Income Tax | — | — | — | — | — | — | ($976k) | ($123.8m) | $20.6m | $26.7m | |
| Deferred Tax | — | — | — | — | — | — | ($976k) | ($123.8m) | $20.6m | $26.7m | |
| Impairment of intangible assets | — | $2.9m | — | — | — | $138k | $150k | $22k | — | — | |
| Impairment provision for non-financial assets | — | — | — | — | — | — | — | $10.0m | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $150k | $11.1m | $1.5m | $1.8m | |
| Net gain on de-recognition of property, plant and equipment | $46k | $70k | ($53k) | $19k | $406k | ($6k) | ($177k) | ($132k) | ($61k) | — | |
| Income tax (benefit) expense | $193k | $91k | ($740k) | ($29k) | ($4.5m) | ($1.1m) | ($976k) | ($123.8m) | $20.6m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($2.0m) | ($52k) | $64k | ($1.4m) | |
| Operating cash flows before changes in following assets and liabilities | ($108.5m) | ($125.5m) | ($86.1m) | ($51.8m) | ($590k) | $33.1m | $84.3m | $140.3m | $184.4m | $182.5m | |
| Profit (loss) for the year | ($110.3m) | ($220.2m) | ($167.9m) | ($447.5m) | ($56.0m) | ($45.6m) | ($11.2m) | $216.7m | $95.3m | — | |
| Intangible assets written off | $15.2m | $356k | — | $272.2m | — | $17k | — | $982k | $1.5m | — | |
| Gain on discontinuation of equity accounted investments | — | — | — | — | — | ($2.3m) | ($2.0m) | — | — | — | |
| Gain on lease modification | — | — | — | — | ($1.9m) | ($417k) | ($100k) | ($12k) | ($20k) | — | |
| Net finance costs (income) | ($27.0m) | ($1.3m) | $4.9m | $18.1m | ($7.3m) | $16.3m | $35.8m | ($27.7m) | $3.9m | — | |
| Share of (profit) loss of equity-accounted investees | $1.7m | $2.0m | $887k | $65k | $168k | ($34k) | ($10k) | ($52k) | $64k | — | |
| Share based payment | $26.8m | $44.9m | $40.0m | $41.6m | $35.6m | $36.6m | $35.6m | $37.0m | $36.0m | — | |
| Inventories | $268k | ($317k) | ($30k) | $560k | ($2k) | $29k | ($6k) | ($195k) | ($145k) | — | |
| Trade and other receivables and contract assets | $2.6m | ($23.2m) | $1.1m | ($2.0m) | $34.6m | ($11.0m) | ($37.7m) | ($25.1m) | ($52.4m) | — | |
| Other assets | $4.8m | ($25.3m) | $9.1m | $15.5m | $3.6m | ($28.8m) | ($51.0m) | ($42.5m) | $427k | — | |
| Trade and other payables and contract liabilities | — | — | $3.5m | ($82.1m) | ($18.3m) | $26.5m | $42.7m | $42.5m | $51.2m | — | |
| Employee benefits | $588k | $366k | $659k | $1.5m | $774k | $1.4m | $879k | $1.7m | $2.3m | — | |
| Other liabilities | $1.4m | $9.2m | $1.8m | $14.3m | $32.0m | ($26.3m) | ($2.8m) | $18.6m | $5.1m | — | |
| Cash generated from operating activities | ($108.5m) | ($125.5m) | ($78.9m) | ($112.7m) | $64.5m | ($5.1m) | $36.4m | $135.4m | $190.8m | $182.5m | |
| Interest received | $2.5m | $3.0m | $5.5m | $4.3m | $6.0m | $7.4m | $8.2m | $21.9m | $24.7m | — | |
| Acquisition of intangible assets | ($6.2m) | ($7.8m) | ($6.2m) | ($9.2m) | ($8.1m) | ($9.8m) | ($9.4m) | ($6.9m) | ($7.3m) | — | |
| Redemption of term deposits | $83.6m | $115.1m | $205.4m | $124.1m | $39.1m | $249.3m | $308.3m | $345.9m | $403.2m | — | |
| Investment in term deposits | ($10.0m) | ($221.6m) | ($137.2m) | ($28.0m) | ($155.5m) | ($360.4m) | ($251.7m) | ($423.6m) | ($379.2m) | — | |
| Loan given to equity-accounted investee received back (refer note 37) | — | — | — | — | ($54k) | — | — | $24k | $24k | — | |
| Acquisition of other securities measured at FVTPL | — | — | — | — | — | ($58k) | ($87k) | ($11k) | ($73k) | — | |
| Repurchase of treasury shares (refer note 26) | ($2.0m) | — | — | — | — | — | — | — | ($21.7m) | — | |
| Acquisition of non-controlling interest (refer note 7(a)) | — | — | — | ($3.2m) | — | ($5.6m) | ($5.0m) | ($7.4m) | — | — | |
| Settlement of share based arrangement (refer note 33 (d) (i)) | — | — | — | — | — | — | — | — | ($122k) | — | |
| Proceeds from issuance of shares on exercise of share based awards | $171k | $46k | $298k | — | $293k | $36k | $2.2m | $6.0m | $7.0m | — | |
| Proceeds from bank loans (refer note 28) | — | $281k | $336k | $702k | $191k | $1.2m | $2.2m | $2.1m | $0 | — | |
| Repayment of bank loans (refer note 28) | — | ($377k) | ($239k) | ($316k) | ($505k) | ($479k) | ($749k) | ($1.0m) | ($1.5m) | — | |
| Payment of principal portion of lease liabilities (refer note 28) | ($7k) | — | — | ($6.2m) | ($2.0m) | ($1.8m) | ($2.4m) | ($3.1m) | ($3.8m) | — | |
| (b) Transfer of right to receive collection from trade receivables used to settle purchase consideration (refer note 7 (e)) | — | — | — | — | — | — | — | — | $803k | — | |
| Operating Cash Flow | ($108.5m) | ($125.5m) | ($78.9m) | ($112.7m) | $64.5m | $6.2m | $32.2m | $125.7m | $185.3m | $182.5m | |
| Cash Flow From Continuing Operating Activities | ($108.5m) | ($125.5m) | ($78.9m) | ($112.7m) | $64.5m | $6.2m | $32.2m | $125.7m | $185.3m | $182.5m | |
| Beginning Cash Position | — | — | — | — | — | — | $213.3m | $284.0m | $327.1m | $508.4m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($6.2m) | ($6.2m) | ($22.9m) | ($107.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $46.6m | ($75.6m) | $26.4m | ($127.1m) | |
| Change In Inventory | — | — | — | — | — | — | ($6k) | ($195k) | ($145k) | ($273k) | |
| Change In Other Current Assets | — | — | — | — | — | — | ($51.0m) | ($42.5m) | $427k | $29.7m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($2.8m) | $18.6m | $5.1m | $3.1m | |
| Change In Other Working Capital | — | — | — | — | — | — | $879k | $1.7m | $2.3m | $2.7m | |
| Change In Payable | — | — | — | — | — | — | $42.7m | $42.5m | $51.2m | ($32.8m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $42.7m | $42.5m | $51.2m | ($32.8m) | |
| Change In Receivables | — | — | — | — | — | — | ($37.7m) | ($25.1m) | ($52.4m) | ($22.6m) | |
| Change In Working Capital | — | — | — | — | — | — | ($47.9m) | ($4.9m) | $6.4m | ($20.1m) | |
| Changes In Account Receivables | — | — | — | — | — | ($11.0m) | ($37.7m) | ($25.1m) | — | — | |
| Changes In Cash | — | — | — | — | — | — | $72.6m | $43.9m | $188.8m | ($51.9m) | |
| End Cash Position | — | — | — | — | — | — | $284.0m | $327.1m | $508.4m | $424.0m | |
| Financing Cash Flow | — | — | — | — | — | — | ($6.2m) | ($6.2m) | ($22.9m) | ($107.4m) | |
| Free Cash Flow | — | — | — | — | — | — | $15.3m | $112.9m | $173.5m | $168.0m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($177k) | ($132k) | ($61k) | ($141k) | |
| Interest Received CFI | — | — | — | — | — | — | $8.2m | $21.9m | $24.7m | $23.3m | |
| Investing Cash Flow | — | — | — | — | — | — | $46.6m | ($75.6m) | $26.4m | ($127.1m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | — | $0 | $0 | $1.7b | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($1.5m) | ($6.5m) | ($10.4m) | ($12.5m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($9.4m) | ($6.9m) | ($7.3m) | ($10.0m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($7.1m) | ($5.5m) | ($4.0m) | ($3.2m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($2.2m) | ($184k) | $3k | ($1.5m) | |
| Other Non Cash Items | — | — | — | — | — | — | $35.7m | ($27.7m) | $3.9m | $77.5m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $2.2m | $6.0m | $6.9m | $1.3m | |
| Purchase Of Business | — | — | — | — | — | — | ($1.5m) | ($6.5m) | ($10.4m) | ($12.5m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($9.4m) | ($6.9m) | ($7.3m) | ($10.0m) | |
| Purchase Of PPE | — | $4.3m | $3.5m | $3.5m | $642k | $3.1m | ($7.5m) | ($5.9m) | ($4.5m) | ($4.5m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($21.7m) | ($3.1b) | |
| Sale Of Business | — | — | — | — | — | $336k | $0 | $0 | — | — | |
| Sale Of PPE | — | — | — | — | — | — | $410k | $389k | $437k | $1.3m | |
| Stock Based Compensation | — | — | — | — | — | — | $35.6m | $37.0m | $36.0m | $23.0m | |
| Net cash generated from operating activities | ($108.5m) | ($125.5m) | ($78.9m) | ($112.7m) | $64.5m | $6.0m | $32.1m | $125.7m | $185.3m | $182.5m | |
| Acquisition of property, plant and equipment (refer note (a) below) | ($8.8m) | ($4.3m) | ($3.5m) | ($3.5m) | ($642k) | ($3.1m) | ($7.5m) | ($5.9m) | ($4.5m) | — | |
| Proceeds from sale of property, plant and equipment | $98k | $335k | $162k | $120k | $423k | $304k | $410k | $389k | $437k | — | |
| (a) Property, plant and equipment acquired through secured bank loans (refer note 28) | — | — | — | — | — | — | ($16.9m) | ($12.8m) | $2.4m | ($14.5m) | |
| Acquisition of subsidiary / business, net of cash acquired (refer note 7 (b) - 7 (e)) (refer note (b) below) | — | — | — | — | — | — | ($1.5m) | ($6.5m) | ($10.4m) | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $56.5m | ($77.7m) | $23.9m | ($123.3m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($251.8m) | ($423.6m) | ($379.3m) | ($471.2m) | |
| Sale Of Investment | — | — | — | — | — | — | $308.3m | $345.9m | $403.2m | $347.9m | |
| Net Other Investing Changes | — | — | — | — | — | — | ($148k) | ($894k) | ($495k) | ($1.3m) | |
| Net cash generated from (used in) investing activities | $163.0m | ($115.1m) | $70.0m | $73.8m | ($118.9m) | ($77.6m) | $46.8m | ($75.6m) | $26.4m | — | |
| Issuance Of Debt | — | — | — | — | — | — | $2.2m | $2.1m | $0 | $1.4b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.2m | $2.1m | $0 | $1.4b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($996k) | ($2.0m) | ($5.2m) | $1.4b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($996k) | ($2.0m) | ($5.2m) | $1.4b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($3.2m) | ($4.1m) | ($5.2m) | ($11.1m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($3.2m) | ($4.1m) | ($5.2m) | ($11.1m) | |
| Common Stock Issuance | — | — | — | — | — | — | — | $0 | $0 | $1.7b | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($21.7m) | ($1.5b) | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($21.7m) | ($3.1b) | |
| Cash Dividends Paid | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Net Other Financing Charges | — | — | — | — | — | ($6.2m) | ($5.0m) | ($7.4m) | — | ($57.9m) | |
| Net cash used in financing activities | $2.2m | $327.9m | ($335k) | ($11.0m) | $219.4m | ($9.6m) | ($6.2m) | ($6.2m) | ($22.9m) | — | |
| Effect of exchange rate fluctuations on cash held | ($1.3m) | ($1.4m) | ($406k) | $1.8m | $123k | ($608k) | ($1.9m) | ($867k) | ($7.5m) | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($1.9m) | ($867k) | ($7.5m) | ($32.4m) | |
| Net increase in cash and cash equivalents | $56.7m | $87.3m | ($9.3m) | ($49.9m) | $165.1m | ($81.2m) | $72.6m | $43.9m | $188.8m | — | |
| Cash and cash equivalents at beginning of the year | $101.7m | $187.6m | $178.0m | $129.9m | $295.1m | $213.3m | $284.0m | $327.1m | $508.4m | — | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $72.6m | $43.9m | $188.8m | ($51.9m) | |
| Interest paid, including finance and other charges (refer note 16 and 28) | ($4.4m) | ($912k) | ($730k) | ($2.0m) | ($2.6m) | ($2.4m) | ($2.4m) | ($2.8m) | ($2.8m) | ($2.6m) | |
| Income tax paid, net | ($2.2m) | ($5.2m) | ($8.8m) | ($8.8m) | $12.4m | $11.1m | ($4.4m) | ($9.7m) | ($5.5m) | ($4.4m) | |
| Income tax paid on term deposits | ($2.2m) | ($5.2m) | ($8.8m) | ($8.8m) | $12.4m | ($203k) | ($148k) | ($918k) | ($519k) | ($4.4m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.