Mach Travel Solutions Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Mach Travel Solutions reported revenue from operations of Rs 144.33 crore in Q1 FY27, a 538% year-on-year increase, driven by new verticals including corporate travel, government and institutional projects, and B2B alongside its core MICE business. EBITDA grew 437% year-on-year to Rs 8.92 crore while EBITDA margin declined year-on-year to 6.09% due to investments in new verticals, though it improved sequentially from 4.54%. Management stated it expects to achieve revenue of around Rs 500 plus crores for FY27 based on current business momentum and pipeline.
Mach Conferences and Events Limited held an Extraordinary General Meeting on April 24, 2026 to seek shareholder approval for changing the company's name to Mach Travel Solutions Limited, along with consequential amendments to the memorandum and articles of association. Chairman Amit Bhatia described the company's evolution from a MICE-focused events business into a broader travel solutions provider covering flights, hotels, corporate travel, and other services. The company stated its current workforce is 237 employees and that the Ministry of Corporate Affairs has already reserved the proposed new name.