Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹487 Cr.
Stock P/E
32.3
P/B
3.8
Current Price
₹231.6
Book Value
₹ 60.6
Face Value
10
52W High
₹250
52W Low
₹ 0
Dividend Yield
0.22%

Mach Travel Solution Overview

Business

Mach Travel Solutions Ltd. (MCEL) is likely involved in providing professional services related to travel. Given its name, the company's core business model probably revolves around offering solutions for travel management, either to corporate clients (Business Travel Management, expense management, corporate bookings) or potentially to other travel businesses (e.g., travel technology, booking platforms, back-office support for agencies). It could also encompass specialized travel services like visa assistance, event management, or bespoke leisure travel. The company primarily makes money through service fees, transaction-based commissions on bookings, subscription fees for software/platforms, or project-based consulting charges.

Revenue Mix

Without specific company data, the exact revenue mix is unknown. However, potential key segments for a "Travel Solutions" company in Professional Services could include:

Corporate Travel Management: Managing business travel needs for corporate clients.

Travel Technology Solutions: Providing software, platforms, or IT services to travel agencies, airlines, or hospitality providers.

Visa & Immigration Services: Assisting individuals and businesses with visa applications and related documentation.

Event & MICE (Meetings, Incentives, Conferences, Exhibitions) Management: Organizing travel and logistics for corporate events.

Leisure Travel Services: Curated travel experiences or package tours for individual clients (less likely as a "professional services" primary focus, but possible).

Industry

The Professional Services industry, particularly within the travel sector in India, is highly competitive and often fragmented. It includes large multinational travel management companies, specialized tech providers, traditional travel agencies, and many regional players. The industry is dynamic, driven by technological advancements, evolving customer expectations, and economic conditions. Without specific data, MCEL's precise positioning is unknown. It could be a niche player specializing in certain services (e.g., corporate, tech), a regional leader, or a broader service provider aiming for market share by differentiation in service quality or cost-effectiveness.

MOAT

Without specific information, MCEL's competitive advantages are speculative. Potential moats in this industry could include:

High Switching Costs: If the company's solutions are deeply integrated into clients' operational systems (e.g., corporate travel platforms), making it costly and disruptive to switch providers.

Strong Client Relationships/Brand Reputation: A track record of reliability and excellent service can build trust and repeat business, especially in corporate services.

Proprietary Technology/Expertise: Unique software, data analytics capabilities, or specialized domain knowledge that is difficult for competitors to replicate.

Network Effects: If the company operates a platform that becomes more valuable as more users/suppliers join.

Scale Advantages: For larger players, better purchasing power with airlines/hotels or more efficient service delivery.

It is unknown if MCEL possesses any of these durable advantages.

Growth Drivers

Key factors that could drive MCEL's growth over the next 3-5 years include:

Growth in Indian Travel Market: Increasing domestic and international travel demand, both leisure and business, as the Indian economy expands.

Digital Transformation: Rising adoption of online booking platforms, AI/ML in travel, and data-driven travel management solutions.

Outsourcing Trends: More companies outsourcing their travel management to specialized professional service providers.

Expansion of Service Offerings: Introducing new value-added services (e.g., sustainability reporting, personalized travel experiences, advanced analytics) to existing clients.

Geographic Expansion: Extending services to new cities or regions within India, or potentially internationally.

Strategic Partnerships: Collaborations with airlines, hotels, or other technology providers to enhance service reach and quality.

Risks

Economic Downturns: Recessions or economic slowdowns can significantly reduce corporate travel budgets and leisure travel demand.

Intense Competition: The fragmented nature of the travel professional services industry leads to constant pressure on pricing and service differentiation.

Technological Obsolescence: Failure to adapt to rapidly evolving travel technology trends (e.g., AI, mobile platforms) could erode competitiveness.

Regulatory Changes: Changes in aviation policies, visa regulations, or taxation could impact operations and profitability.

Geopolitical and Health Risks: Events like pandemics, political instability, or natural disasters can severely disrupt the travel industry.

Data Security: Handling sensitive client and travel data makes the company vulnerable to cyberattacks and data breaches.

Client Concentration: Over-reliance on a few large corporate clients could pose a risk if any of them switch providers or reduce travel.

Management & Ownership

Without specific information, details about MCEL's promoters, management quality, and ownership structure are unavailable. Typically, for a company in this sector, one would look for experienced management with a strong understanding of the travel industry and technology, a clear strategic vision, and a demonstrated ability to execute. Promoter ownership generally indicates alignment of interests, though specific levels and institutional holdings would provide more insight into the broader ownership structure.

Outlook

Mach Travel Solutions Ltd. operates in a growing but highly competitive Indian travel market. The positive outlook is supported by increasing travel demand, ongoing digital transformation, and the potential for greater outsourcing of travel management by businesses. If MCEL can differentiate its services through technology, customer experience, or specialized offerings, it stands to benefit from these tailwinds. However, the company faces significant risks from economic volatility, intense competition, and the rapid pace of technological change. Sustained success will depend on its ability to innovate, retain clients, adapt to market shifts, and effectively manage operational complexities and cybersecurity risks.

Mach Travel Solution Share Price

Live · BSE · Inception: 2004
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Mach Travel Solution Quarterly Results

#(Fig in Cr.) Jun 2025 Jun 2026
Net Sales 23 144
Other Income 1 2
Total Income 23 146
Total Expenditure 22 137
Operating Profit 2 9
Interest 0 0
Depreciation 0 0
Exceptional Income / Expenses 0 0
Profit Before Tax 1 8
Provision for Tax -0 2
Profit After Tax 2 6
Adjustments 0 -0
Profit After Adjustments 2 6
Adjusted Earnings Per Share 0.7 2.9

Mach Travel Solution Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 237 236 230 167
Other Income 2 3 3 3
Total Income 239 239 233 169
Total Expenditure 202 217 211 159
Operating Profit 37 22 22 11
Interest 2 1 1 0
Depreciation 0 1 2 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 35 20 20 9
Provision for Tax 9 6 5 2
Profit After Tax 26 14 15 8
Adjustments 0 0 0 0
Profit After Adjustments 26 14 15 8
Adjusted Earnings Per Share 13.9 6.7 7.2 3.6

Mach Travel Solution Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 50 109 121
Minority's Interest 0 0 2
Borrowings 6 5 4
Other Non-Current Liabilities 1 1 1
Total Current Liabilities 45 23 55
Total Liabilities 101 139 183
Fixed Assets 22 20 19
Other Non-Current Assets 0 22 23
Total Current Assets 80 98 141
Total Assets 101 139 183

Mach Travel Solution Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 3 22 27
Cash Flow from Operating Activities 18 -9 8
Cash Flow from Investing Activities -1 -25 5
Cash Flow from Financing Activities 1 39 -7
Net Cash Inflow / Outflow 18 5 5
Closing Cash & Cash Equivalent 22 27 32

Mach Travel Solution Ratios

# Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 13.92 6.74 7.16
CEPS(Rs) 14.13 7.34 7.9
DPS(Rs) 0 1 0.5
Book NAV/Share(Rs) 26.32 51.79 57.69
Core EBITDA Margin(%) 14.84 8.08 8.53
EBIT Margin(%) 15.5 8.93 9.08
Pre Tax Margin(%) 14.79 8.37 8.64
PAT Margin (%) 11.04 6.01 6.54
Cash Profit Margin (%) 11.2 6.55 7.21
ROA(%) 25.85 11.79 9.36
ROE(%) 52.88 17.89 13.08
ROCE(%) 59.48 23.75 17.27
Receivable days 22.22 44.43 72.85
Inventory Days 0 0 0
Payable days 0 0 0
PER(x) 0 24.17 15.87
Price/Book(x) 0 3.14 1.97
Dividend Yield(%) 0 0.61 0.44
EV/Net Sales(x) 0.04 1.37 0.92
EV/Core EBITDA(x) 0.25 14.44 9.46
Net Sales Growth(%) 0 -0.64 -2.25
EBIT Growth(%) 0 -42.74 -0.61
PAT Growth(%) 0 -45.87 6.28
EPS Growth(%) 0 -51.61 6.28
Debt/Equity(x) 0.25 0.06 0.05
Current Ratio(x) 1.78 4.17 2.58
Quick Ratio(x) 1.78 4.17 2.58
Interest Cover(x) 21.74 15.93 20.57
Total Debt/Mcap(x) 0 0.02 0.02

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -3% — — —
Operating Profit CAGR 0% — — —
PAT CAGR +7% — — —
Share Price CAGR +103% — — —
ROE Average +13% +28% +28% +28%
ROCE Average +17% +34% +34% +34%

Mach Travel Solution Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 74.83 %
FII 3.03 %
DII (MF + Insurance) 1.45 %
Public (retail) 20.69 %
# Sep 2024 Mar 2025 Sep 2025 Mar 2026 Sep 2026
Promoter 70.0470.2570.972.9374.83
FII 5.683.883.943.213.03
DII 2.731.551.91.961.45
Public 21.5524.3123.2721.920.69
Others 00000
Total 100100100100100

Mach Travel Solution Peer Comparison

Travel Services Edit Columns

Mach Travel Solution Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Mach Travel Solution Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 28%
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.8 times its book value.
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