Mach Travel Solutions Ltd
Incorporated in 2014, Mach Conference and Events Ltd offers solutions for organizing corporate conferences, training programs, and incentive events[1]
- Market Cap ₹ 461 Cr.
- Current Price ₹ 219
- High / Low ₹ 254 / 90.0
- Stock P/E 19.8
- Book Value ₹ 64.6
- Dividend Yield 0.24 %
- ROCE 16.5 %
- ROE 12.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 1.90% over last quarter.
Cons
- Debtor days have increased from 55.5 to 77.7 days.
- Working capital days have increased from 55.0 days to 82.8 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 237 | 236 | 230 | |
| Sales growth | -1% | -2% | |
| 203 | 217 | 211 | |
| Operating Profit | 35 | 19 | 20 |
| OPM % | 15% | 8% | 8% |
| 2 | 3 | 3 | |
| Interest | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 2 |
| Profit before tax | 35 | 20 | 20 |
| Tax % | 25% | 28% | 24% |
| 26 | 14 | 16 | |
| EPS in Rs | 13.92 | 6.74 | 7.44 |
| Dividend Payout % | 0% | 15% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 126% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 101% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|
| Equity Capital | 19 | 21 | 21 | 21 |
| Reserves | 31 | 88 | 100 | 115 |
| 12 | 7 | 6 | 8 | |
| 39 | 24 | 56 | 98 | |
| Total Liabilities | 101 | 139 | 183 | 242 |
| 22 | 20 | 19 | 19 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 7 | 2 | 2 |
| 80 | 112 | 162 | 221 | |
| Total Assets | 101 | 139 | 183 | 242 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 18 | -9 | 8 | |
| -1 | -25 | 5 | |
| 1 | 39 | -7 | |
| Net Cash Flow | 18 | 5 | 5 |
| Free Cash Flow | 14 | -7 | 6 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 56% | 1% | 65% |
Ratios
Consolidated / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 22 | 66 | 78 |
| Inventory Days | 0 | 0 | |
| Days Payable | |||
| Cash Conversion Cycle | 22 | 66 | 78 |
| Working Capital Days | 20 | 62 | 83 |
| ROCE % | 22% | 16% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Dec 2033 (P) | |
|---|---|---|---|---|---|---|
| Average revenue generated per event INR Lakhs |
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| Employee count employees |
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| Number of events events |
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| India MICE industry market size USD Billion ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Submission Of Certificate Of The Statutory Auditor For Utilization Of Money Raised Through The Public Issue (IPO Proceeds)
- Submitted statutory auditor certificate on IPO proceeds utilization for half year ended September 30, 2026.
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Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- MACH conducted Q2 & H1 FY2027 earnings call on November 4, 2026; audio recording available online.
- Announcement under Regulation 30 (LODR)-Investor Presentation
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q2 FY27 revenue rose 174.7% to ₹204.53 Cr; H1 revenue hit ₹348.86 Cr, PAT ₹15.42 Cr.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On November 03,2026
- Board approved Q2 FY27 results; completed 60% Travexel divestment and received ESOP listing in-principle approval.
Concalls
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Nov 2026PPT REC
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Aug 2026Transcript PPT REC
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Jun 2026PPT
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Nov 2025Transcript PPT REC
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Jun 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Oct 2024Transcript
Business Overview:[1]
MCEL is an IATA, PATA, IATO, ADTOI certified
and in the business of arranging, coordinating, and carrying out formal Meetings, Incentives, Conferences, and Events (MICE) across the globe. It has conducted over 300+ large and medium-sized events involving 30+ elite brands.