Mach Conferences & Events Limited has reported its financial results for the first half of fiscal year 2026, revealing the impact of geopolitical tensions on its operations. The company, known for its comprehensive MICE (Meetings, Incentives, Conferences, and Exhibitions) solutions, faced challenges due to the India-Pakistan conflict, which led to deferred project executions and delays in travel-related activities.

Financial Performance

The company's financial performance for H1 FY26 shows a mixed picture of resilience and challenges:

Despite the revenue decline, Mach Conferences & Events demonstrated operational discipline by improving its EBITDA and PAT margins.

Operational Highlights

• Secured seven high-value mandates worth nearly ₹40 crore across BFSI, Cement, and Auto sectors.
• These new projects involve over 6,100 participants across global and domestic destinations.
• Launched a dedicated Government Projects Division, marking entry into the institutional and public sector event management space.
• Appointed as the official Hospitality Management Partner for the International Film Festival of India (IFFI) 2025.

Financial Position

As of September 30, 2025:

• Cash and bank balances stood at ₹2,165.00 lakh, reflecting liquidity discipline.
• Higher receivables reported due to timing of collections from large event contracts.

Management Commentary

Amit Bhatia, Chairman & Managing Director, stated, "While H1 was a softer half operationally, we have used this period to strengthen our systems, vendor partnerships, and working capital management. We sustained healthy margins and continued to execute high-value projects across domestic and international markets."

Industry Outlook

The Indian MICE industry is projected to grow from USD 110.30 Billion in 2024 to USD 183.10 Billion by 2033, with a CAGR of 5.20%. Government initiatives like the Incredible India Campaign and e-Visa facilities for over 160 countries are expected to boost tourism and the MICE sector.

Conclusion

Mach Conferences & Events Limited has demonstrated resilience in the face of geopolitical challenges. While revenue declined in H1 FY26, the company's improved margins and strategic initiatives, including the new Government Projects Division, position it well for potential growth as the market stabilizes. Investors may want to monitor the evolving geopolitical situation and its impact on the MICE industry when considering this stock.

Mach Conferences & Events Limited recently disclosed the outcomes of its board meeting held on November 7, 2025, revealing a mixed financial performance for the half-year ended September 30, 2025, along with key corporate decisions.

Financial Performance

The company reported its unaudited standalone and consolidated financial results, showing a decline in revenue but an increase in net profit compared to the same period last year.

Despite the decrease in revenue, Mach Conferences & Events Limited managed to improve its profitability, with net profit showing a significant increase on both standalone and consolidated bases.

Corporate Actions and Appointments

The board meeting also resulted in several important decisions:

Dividend Declaration

The company paid a final dividend of ₹1.00 per equity share during the half-year period.

Internal Auditor Appointment

Mr. Deepak Pandey has been appointed as the Internal Auditor for the financial year 2025-26.

Subsidiary Acquisition

Mach Conferences & Events Limited completed an investment in Travexel Events and Travel Private Limited, making it a subsidiary of the company.

These corporate actions suggest that the company is focusing on strengthening its internal controls, rewarding shareholders, and expanding its business portfolio through strategic investments.

The mixed financial results, coupled with these corporate actions, indicate that Mach Conferences & Events Limited is navigating through a challenging business environment while still maintaining profitability and pursuing growth opportunities.