Financial Performance Highlights

Q2 FY27 Performance (₹ crore):

  • Revenue from Operations: ₹204.53 (vs ₹74.46 in Q2 FY26, +174.69% YoY; vs ₹144.33 in Q1 FY27, +41.70% QoQ)
  • EBITDA (including Other Income): ₹14.39 (vs ₹9.67 in Q2 FY26, +48.82% YoY; vs ₹9.23 in Q1 FY27, +55.98% QoQ)
  • EBITDA Margin: 7.00% (vs 12.81% in Q2 FY26; vs 6.30% in Q1 FY27)
  • Profit After Tax (PAT): ₹9.26 (vs ₹6.30 in Q2 FY26, +46.87% YoY; vs ₹6.16 in Q1 FY27, +50.15% QoQ)
  • PAT Margin: 4.50% (vs 8.35% in Q2 FY26; vs 4.21% in Q1 FY27)
  • EPS: ₹4.40 (vs ₹2.97 in Q2 FY26; vs ₹2.92 in Q1 FY27)

H1 FY27 Performance (₹ crore):

  • Revenue from Operations: ₹348.86 (vs ₹97.08 in H1 FY26, +259.36% YoY) - Highest-ever first-half revenue since incorporation in 2004
  • EBITDA (including Other Income): ₹23.62 (vs ₹11.34 in H1 FY26, +108.29% YoY)
  • EBITDA Margin: 6.71% (vs 11.49% in H1 FY26)
  • Profit After Tax (PAT): ₹15.42 (vs ₹7.82 in H1 FY26, +97.16% YoY)
  • PAT Margin: 4.38% (vs 7.93% in H1 FY26)
  • EPS: ₹7.32 (vs ₹3.70 in H1 FY26)

Additional Metrics:

  • Gross Merchandise Value (GMV) Q2 FY27: ₹532.54 crore
  • Gross Merchandise Value (GMV) H1 FY27: ₹784.54 crore (₹252 crore in Q1 FY27 + ₹532.54 crore in Q2 FY27)
  • Note: EBITDA includes Other Income and is calculated as Profit Before Tax plus Finance Cost and Depreciation

Business and Operational Highlights

Strategic Transformation:

  • Continued evolution from MICE-focused organization to diversified, technology-enabled integrated travel solutions platform
  • Business verticals include Corporate Travel, MICE, B2B, Leisure, Inbound, and Government & Institutional Projects
  • Advancing B2C digital offering through Machtravel.com platform

Key Operational Achievements:

  • Recognized by Ministry of Tourism, Government of India through National Integrated Database of Hospitality Industry (NIDHI) as Experienced MICE Tour Operator
  • Onboarded more than 140 corporate clients for Corporate Ticketing services and Self-Booking Tool as of September 30, 2026
  • Clients span automotive, engineering, pharmaceuticals, financial services, technology, healthcare, education, FMCG, infrastructure, media, and manufacturing
  • Launched Machtravel.com and Mach Travel mobile application for public beta testing on August 31, 2026
  • Services include Flights, Hotels, Holidays, MICE, Cruises, and Visa services
  • Pan-India presence across Noida, New Delhi, Ahmedabad, Mumbai, Kolkata, Bengaluru, and Bhubaneswar

Revised Financial Guidance

  • FY27 revenue target revised upward to more than 2.5x FY26 revenues
  • Based on business performance and continued expansion across diversified travel verticals
  • Supported by expanding Corporate Travel business, established MICE operations, and opportunities across other travel segments

Management Commentary

Mr. Amit Bhatia, Chairman & Managing Director, stated that H1 FY27 marks an important milestone with highest-ever first-half revenue surpassing entire FY26 revenue. He emphasized the strategic transformation into an integrated, technology-enabled travel solutions company with multiple complementary business verticals. The company remains focused on disciplined execution, long-term relationships, and creating shareholder value.

Company Background

Mach Travel Solutions Limited (formerly Mach Conferences & Events Ltd.) is a publicly listed technology-enabled travel solutions company incorporated in 2004. Accredited by IATA, GBTA, PATA, IATO, ADTOI, OTOAI, SKÅL International, JATA, ICPB, EGAC, and NIMA.

Forward-Looking Statements Disclaimer

The release contains forward-looking statements subject to risks including market conditions, macroeconomic factors, regulatory changes, competitive pressures, technological developments, and other unknown factors that could cause actual results to differ materially from expectations.