Financial Highlights
Mach Travel Solutions Limited (BSE: MACHLTD) announced unaudited consolidated results for Q2 FY27 and the first half of FY27 ending 30 September 2026. Revenue from Operations reached ₹204.53 crore in Q2 FY27, a 174.7% year‑on‑year increase from ₹74.46 crore in Q2 FY26, and grew 41.7% sequentially from ₹144.33 crore in Q1 FY27. For the half year, revenue stood at a record ₹348.86 crore, up 259.4% YoY from ₹97.08 crore in H1 FY26.
EBITDA (including other income) was ₹14.39 crore in Q2 FY27, up 48.8% YoY from ₹9.67 crore and 55.98% QoQ from ₹9.23 crore in Q1 FY27, delivering an EBITDA margin of 7.00% versus 6.30% in Q1 FY27. For H1 FY27, EBITDA totaled ₹23.62 crore, a 108.3% YoY rise, with an EBITDA margin of 6.71% (down from 11.49% in H1 FY26).
Profit after tax (PAT) amounted to ₹9.26 crore in Q2 FY27, a 46.9% YoY increase from ₹6.30 crore and a 50.2% sequential rise from ₹6.16 crore in Q1 FY27. PAT margin fell to 4.50% in Q2 FY27 from 8.35% in Q2 FY26 and 4.21% in Q1 FY27. For the half year, PAT was ₹15.42 crore, up 97.2% YoY from ₹7.82 crore, with a PAT margin of 4.38% versus 7.93% in H1 FY26. Earnings per share (EPS) for Q2 FY27 were ₹4.40.
Gross Merchandise Value (GMV) reached approximately ₹532.54 crore in Q2 FY27, bringing H1 FY27 GMV to about ₹784.54 crore (₹252 crore in Q1 FY27 plus ₹532.54 crore in Q2 FY27). The company began disclosing GMV from Q1 FY27 onward to enhance visibility of underlying transaction volumes.
Operational and Strategic Highlights
During the quarter, Mach Travel Solutions continued its transformation from a MICE‑centric firm to an integrated, technology‑enabled travel solutions platform covering Corporate Travel, MICE, B2B, Leisure, Inbound, and Government & Institutional Projects, while advancing its B2C online travel agency (OTA) offering.
The Ministry of Tourism, Government of India, recognized the company through the National Integrated Database of Hospitality Industry (NIDHI) as an Experienced MICE Tour Operator, enabling participation in government and institutional tenders that require such credentials.
As of 30 September 2026, the firm had onboarded more than 140 corporate clients for its Corporate Ticketing services and Self‑Booking Tool, spanning sectors such as automotive, engineering, pharmaceuticals, financial services, technology, healthcare, education, FMCG, infrastructure, media, and manufacturing.
On 31 August 2026, Machtravel.com and the Mach Travel mobile application entered public beta testing, offering flights, hotels, holidays, MICE, cruises, and visa services.
The company leveraged its pan‑India footprint with offices in Noida, New Delhi, Ahmedabad, Mumbai, Kolkata, Bengaluru, and Bhubaneswar, complemented by international MICE execution capabilities.
Outlook
Based on the strong H1 performance and ongoing expansion across diversified travel verticals, Mach Travel Solutions revised its FY27 revenue target upward to more than 2.5 times FY26 revenue, reflecting confidence in the scaling of its Corporate Travel business, established MICE operations, and emerging digital platforms.
Management Commentary
Chairman & Managing Director Amit Bhatia highlighted the record H1 revenue, the rapid expansion of corporate travel, the strategic shift to a technology‑enabled ecosystem, and the revised revenue ambition, emphasizing disciplined execution and long‑term shareholder value creation.