Mach Travel Solutions has secured three inbound travel groups comprising 71 international travellers from France, Belgium and the United States. The groups are scheduled to travel in October 2026, marking the company’s entry into the inbound travel segment.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company, formerly known as Mach Conferences and Events Limited, views this as the initial phase of building a meaningful inbound business.

Group Composition

The three groups include 30 travellers from France visiting Rajasthan, 15 travellers from France and Belgium travelling to South India, and 26 travellers from the United States heading to Nepal.

Strategic Context

Amit Bhatia, Chairman & Managing Director, stated that the company has built significant capabilities in outbound travel for Indian travellers. It is now leveraging destination knowledge and execution capabilities to serve international travellers coming to India and the region.

The company acknowledged that developing relationships across international source markets will require sustained effort. These initial groups represent a small but important beginning in acquiring customers originating outside India.

Mach Travel Solutions has disclosed the transcript of its first quarter fiscal year 2027 (Q1 FY27) earnings conference call, held on August 18, 2026. The disclosure, filed with the Bombay Stock Exchange on August 20, 2026, provides detailed insights into the company’s financial performance and strategic transformation from a MICE-focused entity to a diversified travel platform.

The Company Secretary & Compliance Officer, Yashashvi Srivastava, confirmed that the transcript is available on the company’s website. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

During the call, management highlighted a significant surge in financial metrics for the quarter ended June 30, 2026. Revenue from operations grew 538% year-on-year to ₹144.33 crore, up from ₹22.62 crore in Q1 FY26. On a sequential basis, revenue increased by approximately 73% from ₹83.25 crore in Q4 FY26.

Profitability metrics also expanded sharply. EBITDA rose 437% year-on-year to ₹8.92 crore, while profit after tax (PAT) jumped 307% to ₹6.17 crore. Management noted that EBITDA margins stood at 6.09%, an improvement from 4.54% in the previous quarter, despite a year-on-year decline from 7.17% due to investments in new verticals.

The company also began disclosing Gross Merchandise Value (GMV), which stood at approximately ₹252 crore for the quarter, reflecting the total scale of transactions handled across its businesses.

Strategic Transformation

Management emphasized that the growth is driven by diversification beyond its core Meetings, Incentives, Conferences, and Exhibitions (MICE) business. Key developments include:

• Corporate Travel: Launched in April 2026, this vertical has onboarded over 100 corporate clients. It contributes approximately 10-15% of total revenue and offers recurring business through annual or multi-year relationships.
• Government Projects: The company secured a contract for the Punjab Yatra program, valued at around ₹92 crore, covering approximately 1.85 lakh pilgrims. Additionally, Mach Travel Solutions achieved IRCTC empanelment as an A-list vendor, enabling participation in rail tour services.
• MICE Business: Remains a strong contributor, accounting for roughly 70-80% of revenue in Q1 FY27. The company completed MICE programs worth around ₹32 crore in the Oceania region during the quarter.

Chairman and Managing Director Amit Bhatia stated that the company aims to achieve revenue of over ₹500 crore in FY27, leveraging its expanded customer base and technology-enabled self-booking tools.

Working Capital and Outlook

Addressing working capital management, management acknowledged current challenges due to rapid growth and payment cycles. While the company is largely debt-free with only about ₹3 crore of debt, it may seek overdraft facilities from banks to meet working capital requirements as business scales. Management expressed confidence that operating leverage will improve margins as new verticals reach scale and buying power increases.