Company Overview
Document Dates: May 29, 2026 & August 22, 2026
Financial Performance Highlights (Consolidated FY26)
Revenue from Operations: ₹230.45 crore vs ₹235.75 crore (FY25), decrease of 2.25%
EBITDA: ₹22.35 crore vs ₹21.96 crore (FY25), increase of 1.8% with margin improvement to 9.7%
Profit After Tax (PAT): ₹15.06 crore vs ₹14.17 crore (FY25), increase of 6.3% with PAT margin at 6.54%
Basic EPS: ₹7.44 (FY26) vs ₹7.07 (FY25), increase of 5.23%
Balance Sheet Position (Consolidated as of March 31, 2026)
Shareholders' Funds: ₹122.99 crore
Total Assets: ₹183.04 crore
Cash and Bank Balances: ₹31.78 crore (including ₹15.28 crore in fixed deposits)
Trade Receivables: ₹49.03 crore (96.6% outstanding <6 months)
Debt-to-Equity Ratio: 0.05x (virtually debt-free)
Current Ratio: 2.58 (decreased from 4.17 due to increased loans & advances)
Dividend Declaration & Corporate Actions
Final Dividend: ₹0.50 per equity share (5% on face value of ₹10) with record date September 4, 2026
Name Change: Effective May 12, 2026 to "Mach Travel Solutions Limited"
Acquisition: Purchased 60% stake in Travexel Events and Travel Private Limited for ₹50 lakh in May 2025
22nd Annual General Meeting Details
Date: September 15, 2026 | Time: 12:00 hours IST | Mode: Video Conferencing
Business Items: Adoption of financial statements, dividend declaration, and appointment of multiple directors including:
- Re-appointment of Mr. Amit Bhatia as Director
- Appointment of Mr. Kaushik Ghosh as Joint Managing Director (salary up to ₹18.75 lakh/month + bonus)
- Appointment of Mr. Ranjan Ghosh, Mr. Yash Pal Bhatia, and Mr. Adit Bhatia as Directors
Operational Highlights & Business Development
- Executed events for over 30 elite brands across BFSI, insurance, automotive, cement, and healthcare sectors
- International operations spanned four continents including Australasia, South America, Central America, and Africa
- Secured significant ₹92 crore Punjab CM's Tirth Yatra mandate for managing 1.85 lakh pilgrims
- Served as Official Hospitality Partner for IFFI 2025 in Goa (₹21 lakh contract)
- Diversifying beyond MICE into corporate travel, B2B travel services, and B2C OTA platform
Subsidiary Information
Mach Conventions and Voyages Private Limited: Wholly-owned subsidiary, paid-up capital ₹46 lakh
Travexel Events and Travel Private Limited: 60% subsidiary, reported loss of ₹1.49 crore for FY26
Additional Financial Details
Employee Benefits: Gratuity provision ₹1.44 crore with discount rate assumption of 7.16%
Property, Plant & Equipment: Gross block ₹24.16 crore (vehicles ₹5.10cr, computers ₹1.32cr, land & building ₹9.23cr)
Related Party Transactions: Director remuneration to Amit Bhatia (₹60 lakh), Laveena Bhatia (₹60 lakh)
Legal Proceedings: Pending case 'Yatra Online Limited vs. Mach Conferences and Events Limited' before Delhi High Court
CSR Expenditure: ₹43.70 lakh spent on welfare of poor children
Voting Information
Remote e-Voting Period: September 12-14, 2026 | Cut-off Date: September 4, 2026
Scrutinizer: M/s. Dhirender Tripathi and Associates
The company maintains a strong liquidity position with minimal debt, while navigating revenue pressure through operational efficiency improvements and strategic diversification into broader travel solutions.