BSE: 544248 | NSE: | Professional Services | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mach Conferences and Events Ltd is a below average quality company.
The key valuation ratios of Mach Conferences and Events Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mach Conferences and Events Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|
| ROCE % ⓘ | -9.5% | 44.4% | 77% | - |
| Value Creation Index ⓘ | -1.7 | 2.2 | 4.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||
| Sales ⓘ | 23.1 | 141 | 237 | 237 |
| Sales YoY Gr. | - | 510.6% | 67.9% | - |
| Adj EPS ⓘ | -1.5 | 4.7 | 13.8 | 12.5 |
| YoY Gr. | - | NA | 191.5% | - |
| BVPS (₹) ⓘ | 7.5 | 12.4 | 26.4 | 81.5 |
| Adj Net Profit ⓘ | -2.6 | 8.5 | 25.9 | 26 |
| Cash Flow from Ops. ⓘ | -6.6 | -3.3 | 17.7 | - |
| Debt/CF from Ops. ⓘ | -0.8 | -3 | 0.7 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 67.9% | ||||
| Adj EPS ⓘ | NA | NA | NA | 191.5% | ||||
| BVPSⓘ | NA | NA | NA | 112.5% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|
| Return on Equity % ⓘ | -19.3 | 47.4 | 71.9 | 23.1 |
| Op. Profit Mgn % ⓘ | -9.6 | 7.7 | 14.6 | NAN |
| Net Profit Mgn % ⓘ | -11.3 | 6 | 10.9 | 11 |
| Debt to Equity ⓘ | 0.4 | 0.4 | 0.3 | - |
| Working Cap Days ⓘ | 0 | 68 | 71 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 19 | 13 | 0 |
No data to display
Return on Equity has declined versus last 3 years average to 23.10%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 12.5 | 12.5 |
| TTM Sales (₹ Cr.) | 237 | 237 |
| BVPS (₹.) ⓘ | 81.5 | 81.5 |
| Reserves (₹ Cr.) ⓘ | 150 | 150 |
| P/BV ⓘ | 2.98 | 2.98 |
| PE ⓘ | 19.54 | 19.54 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 207.15 / 314.00 |
| All Time Low / High (₹) | 207.15 / 314.00 |
| Market Cap (₹ Cr.) | 512 |
| Equity (₹ Cr.) | 21 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 40.6 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Sales | 23 | 141 | 237 |
| Operating Expenses ⓘ | 25 | 130 | 203 |
| Manufacturing Costs | 19 | 120 | 192 |
| Material Costs | 0 | 0 | 0 |
| Employee Cost | 3 | 4 | 6 |
| Other Costs ⓘ | 4 | 6 | 4 |
| Operating Profit ⓘ | -2 | 11 | 35 |
| Operating Profit Margin (%) | -9.6% | 7.7% | 14.6% |
| Other Income ⓘ | 1 | 1 | 2 |
| Interest ⓘ | 0 | 1 | 1 |
| Depreciation ⓘ | 0 | 0 | 0 |
| Exceptional Items ⓘ | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -2 | 11 | 35 |
| Tax ⓘ | 1 | 2 | 9 |
| Profit After Tax | -3 | 9 | 26 |
| PAT Margin (%) | -11.3% | 6.2% | 11.0% |
| Adjusted EPS (₹) | -1.4 | 4.9 | 13.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 14 | 22 | 50 | |||||||
| Share Capital ⓘ | 0 | 0 | 19 | |||||||
| Reserves ⓘ | 14 | 22 | 31 | |||||||
| Minority Interest | 0 | 0 | 0 | |||||||
| Debt | 2 | 9 | 11 | |||||||
| Long Term Debt | 0 | 4 | 6 | |||||||
| Short Term Debt | 2 | 5 | 5 | |||||||
| Trade Payables | 5 | 4 | 5 | |||||||
| Others Liabilities ⓘ | 20 | 22 | 35 | |||||||
| Total Liabilities ⓘ | 40 | 58 | 101 | |||||||
Fixed Assets | ||||||||||
| Gross Block | 15 | 15 | 25 | |||||||
| Accumulated Depreciation | 3 | 3 | 3 | |||||||
| Net Fixed Assetsⓘ | 12 | 12 | 22 | |||||||
| CWIP ⓘ | 1 | 6 | 0 | |||||||
| Investmentsⓘ | 7 | 2 | 0 | |||||||
| Inventories | 0 | 0 | 0 | |||||||
| Trade Receivables | 12 | 12 | 14 | |||||||
| Cash Equivalents | 2 | 3 | 22 | |||||||
| Others Assetsⓘ | 6 | 22 | 43 | |||||||
| Total Assets ⓘ | 40 | 58 | 101 | |||||||
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -7 | -3 | 18 |
| PBT ⓘ | -2 | 11 | 35 |
| Adjustment ⓘ | 0 | 1 | 1 |
| Changes in Working Capital ⓘ | -2 | -15 | -16 |
| Tax Paid ⓘ | -2 | 0 | -2 |
| Cash Flow From Investing Activity ⓘ | -15 | 0 | -1 |
| Capex | -9 | -5 | -4 |
| Net Investments | -7 | 5 | 1 |
| Others ⓘ | 1 | 0 | 1 |
| Cash Flow From Financing Activityⓘ | 5 | 4 | 1 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 4 | 2 |
| Interest Paid ⓘ | 0 | -1 | -1 |
| Dividend Paid ⓘ | 0 | 0 | 0 |
| Others ⓘ | 5 | 1 | 0 |
| Net Cash Flow ⓘ | -17 | 1 | 18 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -19.2 | 48.98 | 72.78 | |||||||
| ROCE (%) | -9.5 | 44.36 | 77 | |||||||
| Asset Turnover Ratio | 0.57 | 2.88 | 2.98 | |||||||
| PAT to CFO Conversion(x) | N/A | -0.33 | 0.69 | Working Capital Days | ||||||
| Receivable Days | 184 | 31 | 21 | |||||||
| Inventory Days | 0 | 0 | 0 | |||||||
| Payable Days | 0 | 0 | 0 | |||||||
The company was originally incorporated as ‘Mach Conferences and Events Private Limited’ as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated April 29, 2004, issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana. Further, the company was converted from a private limited company to public limited company, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on March 18, 2024 and consequently, the name of the company was changed to ‘Mach Conferences and Events Limited’ and a fresh certificate of incorporation dated June 18, 2024 was issued to the company by the Registrar of Companies, Central Processing Centre.
Mach Conferences and Events provides comprehensive array of services tailor made for MICE (Meeting, Incentives, Conferences, Exhibitions) and Events sector. Its experience ranges for arranging small corporate events to large global events. It is specialized in conference management, Exhibition management and Global Event Planning. It also manages all logistical aspects of events at specific destinations. This includes venue selection, accommodation arrangements, transportation logistics, local activities, and on-site coordination. It has a team of MICE and Events professionals working on the key essence of attention to detail, continuous budget control and endless creativity to help the client to explore new venues and new ways to impress its clients.
The company strives to stay competitive in the dynamic market landscape. Its commitment to customer satisfaction drives it to continuously enhance its capabilities and deliver exceptional results in the MICE industry. Majorly, its clientele is from Banking, Finance and Insurance Sector. However, it has worked for various industries including Hospitality, Infrastructure, FMCG etc. As an established MICE company with a large customer base, it already has valuable insights into their preferences, travel habits, and booking behaviours. Furthermore, it is also planning to diversify its services into Religious Tourism. Since it is a blend of spirituality, economic opportunity, and cultural stewardship that makes investing in Religious Tourism both a prudent business decision and a meaningful contribution to India's tourism landscape.
Business area of the company
The company operates within the MICE industry, specializing in providing comprehensive event management solutions. It offers end-to-end services for corporate meetings, conferences, trade shows, and other gatherings, facilitating seamless planning, execution, and coordination. The company’s expertise lies in crafting tailored experiences, from conceptualization to logistics, to ensure impactful events that meet its clients' objectives.
Major events:
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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