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Side-by-side financial comparison of MakeMyTrip Ltd (MMYT) and WD 40 CO (WDFC). Click either name above to swap in a different company.

WD 40 CO is the larger business by last-quarter revenue ($154.4M vs $88.6M, roughly 1.7× MakeMyTrip Ltd). On growth, MakeMyTrip Ltd posted the faster year-over-year revenue change (11.8% vs 0.6%).

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.

WD-40 Company is a global consumer and industrial goods manufacturer best known for its signature multi-purpose lubricant of the same name. Its product portfolio includes cleaners, degreasers, rust removers and specialty lubricants, serving retail, industrial and automotive markets across more than 170 countries and regions worldwide.

MMYT vs WDFC — Head-to-Head

Bigger by revenue
WDFC
WDFC
1.7× larger
WDFC
$154.4M
$88.6M
MMYT
Growing faster (revenue YoY)
MMYT
MMYT
+11.2% gap
MMYT
11.8%
0.6%
WDFC

Income Statement — Q4 FY2022 vs Q1 FY2026

Metric
MMYT
MMYT
WDFC
WDFC
Revenue
$88.6M
$154.4M
Net Profit
$17.5M
Gross Margin
56.2%
Operating Margin
3.8%
15.1%
Net Margin
11.3%
Revenue YoY
11.8%
0.6%
Net Profit YoY
-7.8%
EPS (diluted)
$1.28

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
MMYT
MMYT
WDFC
WDFC
Q4 25
$154.4M
Q3 25
$163.5M
Q2 25
$156.9M
Q1 25
$146.1M
Q4 24
$153.5M
Q3 24
$156.0M
Q2 24
$155.0M
Q1 24
$139.1M
Net Profit
MMYT
MMYT
WDFC
WDFC
Q4 25
$17.5M
Q3 25
$21.2M
Q2 25
$21.0M
Q1 25
$29.9M
Q4 24
$18.9M
Q3 24
$16.8M
Q2 24
$19.8M
Q1 24
$15.5M
Gross Margin
MMYT
MMYT
WDFC
WDFC
Q4 25
56.2%
Q3 25
54.7%
Q2 25
56.2%
Q1 25
54.6%
Q4 24
54.8%
Q3 24
54.1%
Q2 24
53.1%
Q1 24
52.4%
Operating Margin
MMYT
MMYT
WDFC
WDFC
Q4 25
15.1%
Q3 25
17.1%
Q2 25
17.4%
Q1 25
15.9%
Q4 24
16.4%
Q3 24
15.4%
Q2 24
17.5%
Q1 24
15.1%
Net Margin
MMYT
MMYT
WDFC
WDFC
Q4 25
11.3%
Q3 25
13.0%
Q2 25
13.4%
Q1 25
20.4%
Q4 24
12.3%
Q3 24
10.8%
Q2 24
12.8%
Q1 24
11.2%
EPS (diluted)
MMYT
MMYT
WDFC
WDFC
Q4 25
$1.28
Q3 25
$1.57
Q2 25
$1.54
Q1 25
$2.19
Q4 24
$1.39
Q3 24
$1.23
Q2 24
$1.46
Q1 24
$1.14

Balance Sheet & Financial Strength

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

Metric
MMYT
MMYT
WDFC
WDFC
Cash + ST InvestmentsLiquidity on hand
$213.3M
$48.6M
Total DebtLower is stronger
$85.7M
Stockholders' EquityBook value
$896.5M
$264.1M
Total Assets
$1.3B
$459.7M
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMYT
MMYT
WDFC
WDFC
Q4 25
$48.6M
Q3 25
$58.1M
Q2 25
$51.7M
Q1 25
$53.0M
Q4 24
$54.9M
Q3 24
$46.7M
Q2 24
$45.3M
Q1 24
$55.4M
Total Debt
MMYT
MMYT
WDFC
WDFC
Q4 25
$85.7M
Q3 25
$86.2M
Q2 25
$85.6M
Q1 25
$84.4M
Q4 24
$84.6M
Q3 24
$86.0M
Q2 24
$85.5M
Q1 24
$85.9M
Stockholders' Equity
MMYT
MMYT
WDFC
WDFC
Q4 25
$264.1M
Q3 25
$268.2M
Q2 25
$257.1M
Q1 25
$242.1M
Q4 24
$226.3M
Q3 24
$230.5M
Q2 24
$222.2M
Q1 24
$216.3M
Total Assets
MMYT
MMYT
WDFC
WDFC
Q4 25
$459.7M
Q3 25
$475.8M
Q2 25
$456.0M
Q1 25
$458.3M
Q4 24
$447.3M
Q3 24
$449.0M
Q2 24
$443.6M
Q1 24
$442.0M
Debt / Equity
MMYT
MMYT
WDFC
WDFC
Q4 25
0.32×
Q3 25
0.32×
Q2 25
0.33×
Q1 25
0.35×
Q4 24
0.37×
Q3 24
0.37×
Q2 24
0.38×
Q1 24
0.40×

Cash Flow & Capital Efficiency

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

Metric
MMYT
MMYT
WDFC
WDFC
Operating Cash FlowLast quarter
$10.0M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
5.9%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
0.57×
TTM Free Cash FlowTrailing 4 quarters
$78.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMYT
MMYT
WDFC
WDFC
Q4 25
$10.0M
Q3 25
$29.9M
Q2 25
$35.1M
Q1 25
$8.0M
Q4 24
$14.9M
Q3 24
$27.2M
Q2 24
$19.9M
Q1 24
$18.0M
Free Cash Flow
MMYT
MMYT
WDFC
WDFC
Q4 25
$9.1M
Q3 25
$28.6M
Q2 25
$34.0M
Q1 25
$6.6M
Q4 24
$14.2M
Q3 24
$26.4M
Q2 24
$18.7M
Q1 24
$16.7M
FCF Margin
MMYT
MMYT
WDFC
WDFC
Q4 25
5.9%
Q3 25
17.5%
Q2 25
21.6%
Q1 25
4.5%
Q4 24
9.3%
Q3 24
16.9%
Q2 24
12.0%
Q1 24
12.0%
Capex Intensity
MMYT
MMYT
WDFC
WDFC
Q4 25
0.6%
Q3 25
0.8%
Q2 25
0.7%
Q1 25
0.9%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.8%
Q1 24
0.9%
Cash Conversion
MMYT
MMYT
WDFC
WDFC
Q4 25
0.57×
Q3 25
1.41×
Q2 25
1.67×
Q1 25
0.27×
Q4 24
0.79×
Q3 24
1.62×
Q2 24
1.00×
Q1 24
1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MMYT
MMYT

Segment breakdown not available.

WDFC
WDFC

Other$82.6M53%
WD40Multi Use Product$56.0M36%
WD40Specialist$9.0M6%
Other Maintenance Products$4.0M3%
Homecare And Cleaning Products$2.7M2%

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