Mach Travel Solutions empanelled by IRCTC for tourism services

1 min read     Updated on 15 Jun 2026, 06:06 PM
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Anirudha BScanX News Team
AI Summary

Mach Travel Solutions Limited has secured empanelment with IRCTC as a Service Provider for Category A Tourist Packages, enabling it to offer backend logistics for various rail tourism products. The company will manage services such as accommodation, transportation, and catering for tours including Swadesh Darshan and Charter Train packages. This move aligns with its strategy to expand its Government & Institutional Projects vertical and leverage its recently expanded workforce of over 360 employees.

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Mach Travel Solutions Limited has been empanelled by Indian Railway Catering and Tourism Corporation Limited (IRCTC) as a Service Provider for Service Management under Category “A” Tourist Packages. This strategic development enables the company to participate in providing backend travel and tourism services across a broad range of IRCTC-operated products, thereby strengthening its position in the institutional travel segment.

The empanelment, announced on June 15, 2026, allows Mach Conferences & Events to offer services for Swadesh Darshan, State Special Train tours, Charter Coach and Saloon Car Packages, Charter Train Tours, Customized Tour Packages, Rail Tour Packages and Holiday Packages. The scope of work includes accommodation arrangements, transportation management, catering coordination, tour guide and escort services, customer support, and destination logistics.

Amit Bhatia, Chairman & Managing Director of Mach Travel Solutions Limited, highlighted the significance of this development. He stated that the empanelment reflects the capabilities the company has developed in travel planning, destination management, and large-scale execution. Over the past year, the company has expanded its workforce five-fold to over 360 employees as of May 2026 to support its growing presence across multiple travel segments.

The company is actively strengthening its Government & Institutional Projects vertical and views this empanelment as an important step in that journey. Management believes that its experience in managing complex travel requirements, combined with an expanding operational footprint across India, will support its participation in tourism and travel opportunities across multiple customer segments.

Mach Travel Solutions Limited provides end-to-end solutions across corporate travel, MICE, holidays, B2B travel services, government and institutional projects, spiritual tourism, inbound tourism and technology-enabled travel management solutions. With over two decades of experience, the company has established capabilities in managing large-scale travel programmes, conferences, events and institutional mandates across India and international markets.

Service Category Description
Tour Packages Swadesh Darshan, State Special Train tours, Rail Tour Packages, Holiday Packages
Charter Services Charter Coach, Saloon Car Packages, Charter Train Tours
Backend Services Accommodation, transportation, catering, tour guides, customer support, logistics

What is the expected timeline for Mach Travel Solutions to begin generating revenue from the IRCTC empanelment?

How will the recent five-fold workforce expansion impact the company's operational margins in the short term?

Does the company plan to leverage this empanelment to bid for similar large-scale government tourism contracts in the future?

Mach Travel Solutions targets record revenues in FY27

1 min read     Updated on 15 Jun 2026, 04:22 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Mach Travel Solutions Limited reported improved EBITDA and PAT margins in FY26 amidst geopolitical disruptions. With secured mandates worth ₹142+ Crore in H2 FY26, the company targets record revenues in FY27.

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Mach Travel Solutions Limited improved its EBITDA and PAT margins in FY26, driven by a diversified business model and disciplined execution amidst geopolitical disruptions. The company reported a Profit After Tax (PAT) of ₹1,506 lakh and an EBITDA of ₹2,235 lakh for the fiscal year. With a strong order pipeline of ₹142+ Crore secured in H2 FY26, the management is targeting record revenues in FY27 as it transitions into an integrated travel solutions platform.

The company’s operational performance in FY26 included 273 MICE programs, generating an average revenue of ₹263.62 lakh per program. Total income for the year stood at ₹12,300 lakh, while net worth was recorded at ₹23,045 lakh. The Debt to Equity ratio for FY26 was 0.05, indicating a conservative capital structure. The firm also rebranded to Mach Travel Solutions Limited and launched its Enterprise Travel Management vertical and Self-Booking Tool (SBT) during the year.

Financial Performance FY26

The financial results for FY26 show growth in key profitability metrics compared to previous years. The company’s focus on government and institutional projects, alongside its core MICE business, contributed to this performance.

Metric FY26 Value
Total Income (₹ Lakhs) 12,300
PAT (₹ Lakhs) 1,506
EBITDA (₹ Lakhs) 2,235
Net Worth (₹ Lakhs) 23,045
Number of MICE Programs 273

H2 FY26 Operational Highlights

During the second half of FY26, the company secured four major projects across government, corporate, and international segments, benefiting over 1.89 lakh participants. Recent projects managed included incentive tours and events for clients in the banking, insurance, and manufacturing sectors across destinations such as Bali, Argentina, and Mexico.

The company’s expansion strategy included entering the B2C segment with the launch of MachTravel.com and acquiring TravExel Events and Travel Pvt Ltd. to enter the medical conferences domain. Management stated that FY26 was a year of investments to support future growth, with significant capital deployed into people, technology, and operational capabilities.

How will the integration of the newly acquired TravExel Events and the B2C platform MachTravel.com impact the company's overall revenue mix in FY27?

What specific ROI or market share targets has management set for the newly launched Enterprise Travel Management vertical and Self-Booking Tool?

Given the low Debt to Equity ratio of 0.05, does the company plan to leverage its balance sheet to fund further acquisitions or aggressive expansion in the coming year?

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