Mach Conferences and Events Ltd - Stock Valuation and Financial Performance

BSE: 544248 | NSE: | Professional Services | Small Cap

Mach Confer. & Event Share Price

233.65 8.90 3.96%
as on 10-Dec'24 16:59

DeciZen - make an informed investing decision on Mach Confer. & Event

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Mach Conferences and Events stock performance -

mw4me loader
P/E Ratio (SA):
18.77
Market Cap:
491.5 Cr.
52-wk low:
207.2
52-wk high:
314

Is Mach Conferences and Events Ltd an attractive stock to invest in?

1. Is Mach Conferences and Events Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mach Conferences and Events Ltd is a below average quality company.

2. Is Mach Conferences and Events Ltd undervalued or overvalued?

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.

3. Is Mach Conferences and Events Ltd a good buy now?

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.

10 Year X-Ray of Mach Confer. & Event:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mach Conferences and Events Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'22Mar'23Mar'24TTM
ROCE % -9.5%44.4%77%-
Value Creation
Index
-1.72.24.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 23.1141237237
Sales YoY Gr.-510.6%67.9%-
Adj EPS -1.54.713.812.5
YoY Gr.-NA191.5%-
BVPS (₹) 7.512.426.481.5
Adj Net
Profit
-2.68.525.926
Cash Flow from Ops. -6.6-3.317.7-
Debt/CF from Ops. -0.8-30.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA67.9%
Adj EPS NANANA191.5%
BVPSNANANA112.5%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23Mar'24TTM
Return on
Equity %
-19.347.471.923.1
Op. Profit
Mgn %
-9.67.714.6NAN
Net Profit
Mgn %
-11.3610.911
Debt to
Equity
0.40.40.3-
Working Cap
Days
068710
Cash Conv.
Cycle
019130

Recent Performance Summary

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%

Latest Financials - Mach Conferences and Events Ltd.

Standalone Consolidated
TTM EPS (₹) 12.5 12.5
TTM Sales (₹ Cr.) 237 237
BVPS (₹.) 81.5 81.5
Reserves (₹ Cr.) 150 150
P/BV 2.87 2.87
PE 18.77 18.77
From the Market
52 Week Low / High (₹) 207.15 / 314.00
All Time Low / High (₹) 207.15 / 314.00
Market Cap (₹ Cr.) 492
Equity (₹ Cr.) 21
Face Value (₹) 10
Industry PE 40.9

Management X-Ray of Mach Confer. & Event:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Mach Confer. & Event

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Sales23141237
Operating Expenses 25130203
Manufacturing Costs19120192
Material Costs000
Employee Cost 346
Other Costs 464
Operating Profit -21135
Operating Profit Margin (%) -9.6%7.7%14.6%
Other Income 112
Interest 011
Depreciation 000
Exceptional Items 000
Profit Before Tax -21135
Tax 129
Profit After Tax -3926
PAT Margin (%) -11.3%6.2%11.0%
Adjusted EPS (₹)-1.44.913.9
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 142250
Share Capital 0019
Reserves 142231
Minority Interest000
Debt2911
Long Term Debt046
Short Term Debt255
Trade Payables545
Others Liabilities 202235
Total Liabilities 4058101

Fixed Assets

Gross Block151525
Accumulated Depreciation333
Net Fixed Assets121222
CWIP 160
Investments 720
Inventories000
Trade Receivables121214
Cash Equivalents 2322
Others Assets62243
Total Assets 4058101

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Cash Flow From Operating Activity -7-318
PBT -21135
Adjustment 011
Changes in Working Capital -2-15-16
Tax Paid -20-2
Cash Flow From Investing Activity -150-1
Capex -9-5-4
Net Investments -751
Others 101
Cash Flow From Financing Activity 541
Net Proceeds from Shares 000
Net Proceeds from Borrowing 042
Interest Paid 0-1-1
Dividend Paid 000
Others 510
Net Cash Flow -17118
PARTICULARSMar'22Mar'23Mar'24
Ratios
ROE (%)-19.248.9872.78
ROCE (%)-9.544.3677
Asset Turnover Ratio0.572.882.98
PAT to CFO Conversion(x)N/A-0.330.69
Working Capital Days
Receivable Days1843121
Inventory Days000
Payable Days000

Mach Conferences and Events Ltd Stock News

Mach Conferences and Events Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mach Confer. & Event on 10-Dec-2024 16:59 is ₹233.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Dec-2024 16:59 the market cap of Mach Confer. & Event stood at ₹491.5.
The latest P/E ratio of Mach Confer. & Event as of 10-Dec-2024 16:59 is 18.77.
The latest P/B ratio of Mach Confer. & Event as of 10-Dec-2024 16:59 is 2.87.
The 52-week high of Mach Confer. & Event is ₹314.0 and the 52-week low is ₹207.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mach Confer. & Event is ₹237.3 ( Cr.) .

About Mach Conferences and Events Ltd

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:

  • 2004: The company was incorporated as a private limited company under the name ‘Mach Conferences and Events Private Limited’.
  • 2012: Got Affiliated to PATA - Pacific Asian Tour Association.
  • 2012: Got Affiliated to IATO - Indian Association of Tour Operators.
  • 2014: Got Affiliated to ADTOI - Association of Domestic Tour Operators of India.
  • 2019: Achieved Turnover of Rs 100 crore.
  • 2019: Got Affiliated to IATA - International Air Transport Association.
  • 2024: Crossed Turnover of Rs 200 crore.
  • 2024: The company got converted into public limited company and the name got changed from ‘Mach Conferences and Events Private Limited’ to ‘Mach Conferences and Events Limited’.

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