YTRA vs MMYT

For growth investors, Yatra Online, Inc.

(YTRA) is the stronger pick with 89. 9% revenue growth year-over-year, versus 25. 0% for MakeMyTrip Limited (MMYT). MakeMyTrip Limited (MMYT) offers the better valuation at 59. 6x trailing P/E (71. 7x forward), making it the more compelling value choice. Analysts rate MakeMyTrip Limited (MMYT) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

Over the past 5 years, MakeMyTrip Limited (MMYT) delivered a total return of +98.

0%, compared to -47. 4% for Yatra Online, Inc. (YTRA). Over 10 years, the gap is even starker: MMYT returned +187. 2% versus YTRA's -89. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Yatra Online, Inc.

(YTRA) is the lower-risk stock at 0. 94β versus MakeMyTrip Limited's 1. 17β — meaning MMYT is approximately 25% more volatile than YTRA relative to the S&P 500. On balance sheet safety, Yatra Online, Inc. (YTRA) carries a lower debt/equity ratio of 10% versus 20% for MakeMyTrip Limited — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Yatra Online, Inc.

(YTRA) is pulling ahead at 89. 9% versus 25. 0% for MakeMyTrip Limited (MMYT). On earnings-per-share growth, the picture is similar: MakeMyTrip Limited grew EPS -54. 6% year-over-year, compared to -193. 9% for Yatra Online, Inc.. Over a 3-year CAGR, YTRA leads at 58. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

MakeMyTrip Limited (MMYT) is the more profitable company, earning 9.

7% net margin versus -1. 3% for Yatra Online, Inc. — meaning it keeps 9. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MMYT leads at 12. 3% versus -1. 1% for YTRA. At the gross margin level — before operating expenses — MMYT leads at 72. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, Yatra Online, Inc.

(YTRA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 94)). Both have compounded well over 10 years (YTRA: -89. 7%, MMYT: +187. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.