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Side-by-side financial comparison of Mama's Creations, Inc. (MAMA) and MakeMyTrip Ltd (MMYT). Click either name above to swap in a different company.

MakeMyTrip Ltd is the larger business by last-quarter revenue ($88.6M vs $47.3M, roughly 1.9× Mama's Creations, Inc.). On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs 11.8%).

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. Founded in 2000, it operates an online travel-booking platform for travel services such as airline tickets, hotel reservations, holiday packages, and rail and bus tickets. The company also maintains offices outside India, including locations in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai and Istanbul.

MAMA vs MMYT — Head-to-Head

Bigger by revenue
MMYT
MMYT
1.9× larger
MMYT
$88.6M
$47.3M
MAMA
Growing faster (revenue YoY)
MAMA
MAMA
+38.1% gap
MAMA
50.0%
11.8%
MMYT

Income Statement — Q3 FY2026 vs Q4 FY2022

Metric
MAMA
MAMA
MMYT
MMYT
Revenue
$47.3M
$88.6M
Net Profit
$540.0K
Gross Margin
23.6%
Operating Margin
1.7%
3.8%
Net Margin
1.1%
Revenue YoY
50.0%
11.8%
Net Profit YoY
31.7%
EPS (diluted)
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAMA
MAMA
MMYT
MMYT
Q4 25
$47.3M
Q3 25
$35.2M
Q2 25
$35.3M
Q1 25
$33.6M
Q4 24
$31.5M
Q3 24
$28.4M
Q2 24
$29.8M
Q1 24
$26.7M
Net Profit
MAMA
MAMA
MMYT
MMYT
Q4 25
$540.0K
Q3 25
$1.3M
Q2 25
$1.2M
Q1 25
$1.6M
Q4 24
$410.0K
Q3 24
$1.1M
Q2 24
$553.0K
Q1 24
$1.4M
Gross Margin
MAMA
MAMA
MMYT
MMYT
Q4 25
23.6%
Q3 25
24.9%
Q2 25
26.1%
Q1 25
27.0%
Q4 24
22.6%
Q3 24
24.2%
Q2 24
25.0%
Q1 24
29.3%
Operating Margin
MAMA
MAMA
MMYT
MMYT
Q4 25
1.7%
Q3 25
4.8%
Q2 25
4.5%
Q1 25
5.7%
Q4 24
1.8%
Q3 24
5.7%
Q2 24
2.6%
Q1 24
7.4%
Net Margin
MAMA
MAMA
MMYT
MMYT
Q4 25
1.1%
Q3 25
3.6%
Q2 25
3.5%
Q1 25
4.8%
Q4 24
1.3%
Q3 24
4.0%
Q2 24
1.9%
Q1 24
5.3%
EPS (diluted)
MAMA
MAMA
MMYT
MMYT
Q4 25
$0.01
Q3 25
$0.03
Q2 25
$0.03
Q1 25
$0.04
Q4 24
$0.01
Q3 24
$0.03
Q2 24
$0.01
Q1 24
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAMA
MAMA
MMYT
MMYT
Cash + ST InvestmentsLiquidity on hand
$18.1M
$213.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$49.6M
$896.5M
Total Assets
$84.0M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAMA
MAMA
MMYT
MMYT
Q4 25
$18.1M
Q3 25
$9.4M
Q2 25
$12.0M
Q1 25
$7.2M
Q4 24
$9.3M
Q3 24
$7.4M
Q2 24
$13.0M
Q1 24
$11.0M
Stockholders' Equity
MAMA
MAMA
MMYT
MMYT
Q4 25
$49.6M
Q3 25
$29.6M
Q2 25
$26.4M
Q1 25
$24.9M
Q4 24
$23.0M
Q3 24
$22.3M
Q2 24
$20.3M
Q1 24
$19.6M
Total Assets
MAMA
MAMA
MMYT
MMYT
Q4 25
$84.0M
Q3 25
$51.2M
Q2 25
$52.7M
Q1 25
$47.1M
Q4 24
$47.9M
Q3 24
$43.0M
Q2 24
$47.2M
Q1 24
$45.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAMA
MAMA
MMYT
MMYT
Operating Cash FlowLast quarter
$3.9M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
7.16×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAMA
MAMA
MMYT
MMYT
Q4 25
$3.9M
Q3 25
$-1.7M
Q2 25
$6.0M
Q1 25
$-857.0K
Q4 24
$4.8M
Q3 24
$-2.4M
Q2 24
$3.6M
Q1 24
$6.7M
Free Cash Flow
MAMA
MAMA
MMYT
MMYT
Q4 25
$3.7M
Q3 25
$-2.2M
Q2 25
$5.5M
Q1 25
$-930.0K
Q4 24
$2.5M
Q3 24
$-4.0M
Q2 24
$2.5M
Q1 24
$6.6M
FCF Margin
MAMA
MAMA
MMYT
MMYT
Q4 25
7.8%
Q3 25
-6.2%
Q2 25
15.5%
Q1 25
-2.8%
Q4 24
8.0%
Q3 24
-14.1%
Q2 24
8.4%
Q1 24
24.8%
Capex Intensity
MAMA
MAMA
MMYT
MMYT
Q4 25
0.4%
Q3 25
1.5%
Q2 25
1.5%
Q1 25
0.2%
Q4 24
7.2%
Q3 24
5.6%
Q2 24
3.8%
Q1 24
0.4%
Cash Conversion
MAMA
MAMA
MMYT
MMYT
Q4 25
7.16×
Q3 25
-1.31×
Q2 25
4.85×
Q1 25
-0.54×
Q4 24
11.71×
Q3 24
-2.10×
Q2 24
6.58×
Q1 24
4.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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