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Mahasagar Travels Ltd (526795)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526795 NSE: Travel Services | Small Cap | Mahasagar Travels Share Price

₹5.74 0.00 (0.00%)

As on 02-Jun'26 16:59

Mahasagar Travels Ltd (526795)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526795 NSE: Travel Services | Small Cap | Mahasagar Travels Share Price

₹5.74 0.00 (0.00%)

As on 02-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5 Cr.
Current Price
₹5.7
52-Week Low / High
₹4 / 8
TTM EPS
₹0.3
TTM Sales
₹35.9 Cr.
Book Value per Share
₹10.1
P/E Ratio
19.29
Higher than its 3-year historical median
Industry PE
38.7
Price to Book (P/B)
0.57
Higher than its 5-year historical median
Price to Sales (P/S)
0.13
Higher than its 5-year historical median
EV/EBITDA
5.82
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
16.65%
In line with industry median
Return on Assets (ROA)
1.42%
Operating Profit Margin
3.4%
Net Profit Margin
0.5%
Gross Profit Margin
4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-17.43%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-27.65%
Net Profit Growth (1 Year)
-
-47.06%
Asset Quality
Promoter Holding
32.31%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹7.9 Cr.
Face Value
₹10
All Time Low / High
₹0.75 / 17.90

Mahasagar Travels stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Mahasagar Travels Ltd a good quality company?
Mahasagar Travels Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Mahasagar Travels Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Mahasagar Travels Ltd vs industry peers?
Mahasagar Travels Ltd revenue CAGR is -11.42%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Mahasagar Travels Ltd?
Promoters hold 32.31% of the Mahasagar Travels Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Mahasagar Travels Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 4% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Mahasagar Travels Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.6%1.6%5.6%-3.6%-6.3%-29.1%-14.6%17.7%19.2%16.7%-
Value Creation
Index
0.1-0.9-0.6-1.3-1.5-3.1NA0.30.40.2-

Growth Parameters

Sales 48.45563.573.366.43344.955.143.836.236
Sales YoY Gr.-13.7%15.4%15.3%-9.4%-50.4%36.4%22.5%-20.4%-17.4%-
Adj EPS 1.6-0.20.5-1.2-1.7-5.1-2.40.10.60.20.3
YoY Gr.--114.6%NA-346.9%NANANANA418.2%-64.9%-
BVPS (₹) 8.18.48.97.761.3-1-0.7-0.3-0.110.1
Adj Net
Profit
1.2-0.20.4-1-1.3-4-1.90.10.50.20
Cash Flow from Ops. 5.25.12.14.12.2-2.70.711.80.9-
Debt/CF from Ops. 1.51.73.12.24-3.110.97.12.54.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -3.2%-11.4%-7%-17.4%
Adj EPS -20.5%NANA-64.9%
BVPS-158%-139.8%NANA
Share Price 4% 15% 10.5% 1.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
21.9-2.85.7-14.6-24.3-138.6-1610.7-13.4-113.8-1146
Op. Profit
Mgn %
8.14.95.930.6-3.31.53.84.33.44.5
Net Profit
Mgn %
2.6-0.30.6-1.3-2-12.1-4.20.210.40.7
Debt to
Equity
1.21.30.91.51.88.7-10.3-12.2-20.2-90.412.3
Working Cap
Days
3132262127645452698431
Cash Conv.
Cycle
4-0-1-1-7-20-18-19-30-37-18

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales48.4155.0463.5473.2566.3732.9544.9355.0543.8436.20
Operating Expenses + 44.4752.3359.7871.0765.9734.0544.2752.9942.1434.97
Manufacturing Costs11.6215.6416.3818.3317.437.2111.4813.6312.2310.82
Material Costs21.8324.4431.6938.3133.5621.2625.3628.6419.5915.29
Employee Cost 1.101.051.241.501.550.961.041.291.541.34
Other Costs 9.9211.2010.4812.9213.424.626.399.438.787.52
Operating Profit 3.932.713.752.180.40-1.100.662.071.701.23
Operating Profit Margin (%) 8.1%4.9%5.9%3.0%0.6%-3.3%1.5%3.8%3.9%3.4%
Other Income + 0.550.590.640.762.370.760.820.750.560.67
Exceptional Items 0000000000
Interest 0.310.330.330.420.460.530.510.990.630.44
Depreciation 2.533.063.583.453.662.992.681.641.231.20
Profit Before Tax 1.64-0.090.48-0.92-1.35-3.86-1.720.190.400.26
Tax 0.3100.09000000.060.08
Profit After Tax 1.33-0.090.39-0.92-1.35-3.86-1.720.190.340.18
PAT Margin (%) 2.7%-0.2%0.6%-1.3%-2.0%-11.7%-3.8%0.3%0.8%0.5%
Adjusted EPS (₹)1.7-0.10.5-1.2-1.7-4.9-2.20.20.40.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Mahasagar Travels - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 6.336.596.986.064.750.99-0.75-0.56-0.23-0.05
Share Capital 7.867.867.867.867.867.867.867.867.867.86
Reserves -1.53-1.27-0.88-1.81-3.12-6.88-8.62-8.43-8.09-7.91
Debt +4.418.856.548.898.608.607.746.894.574.14
Long Term Debt3.543.683.094.773.335.594.224.802.732.60
Short Term Debt0.875.183.454.125.263.013.532.091.851.54
Minority Interest0000000000
Trade Payables1.892.621.182.044.456.136.427.817.897.95
Others Liabilities 6.432.813.403.290.680.480.320.410.550.62
Total Liabilities 19.0620.8818.1120.2818.4716.2013.7414.5512.7912.66

Fixed Assets

Net Fixed Assets +11.1012.9911.1813.4810.327.044.402.841.752.49
Gross Block47.2952.2453.6959.8360.3360.0459.8759.9660.1062.04
Accumulated Depreciation36.1939.2542.5146.3550.015355.4757.1258.3559.55
CWIP 0000000000
Investments 2.672.462.241.911.781.861.551.491.400.70
Inventories0.230.270.730.500.560.650.820.420.330.33
Trade Receivables2.442.140.941.142.283.223.925.225.015.22
Cash Equivalents 0.400.560.450.590.930.770.271.451.150.58
Others Assets 2.232.472.572.662.602.652.783.133.153.33
Total Assets 19.0620.8818.1120.2818.4716.2013.7414.5512.7912.66

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 5.175.102.114.062.17-2.740.710.971.830.85
PBT 1.33-0.090.48-0.92-1.35-3.86-1.720.190.340.18
Adjustment 2.843.313.603.451.102.992.681.641.231.20
Changes in Working Capital 1.321.99-1.971.532.41-1.88-0.26-0.860.26-0.53
Tax Paid -0.32-0.1200000000
Cash Flow From Investing Activity + -6.14-5.03-1.64-5.59-0.390.320.16-0.37-0.05-1.30
Capex -4.89-5.39-1.79-5.590.930.03-0.02-0.08-0.17-2.04
Net Investments -0.1600.2100.13-0.080.310.060.090.79
Others -1.100.36-0.06-0-1.450.37-0.13-0.350.03-0.04
Cash Flow From Financing Activity + 0.910.10-0.581.67-1.442.26-1.380.58-2.07-0.13
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000-1.370.58-2.07-0.13
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0.910.10-0.581.67-1.442.26-0-000
Net Cash Flow -0.070.16-0.110.140.34-0.16-0.501.18-0.29-0.57

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)23.36-1.45.7-14.16-24.94-134.54N/AN/AN/AN/A
ROCE (%)15.611.635.57-3.55-6.27-29.05N/AN/AN/AN/A
Asset Turnover Ratio2.832.763.263.823.431.933.893.212.84
PAT to CFO Conversion(x)3.89N/A5.41N/AN/AN/AN/A5.115.384.72
Working Capital Days
Receivable Days16.6015.208.805.209.4030.502930.3042.6051.60
Inventory Days1.401.602.903.102.906.7064.103.103.30
Payable Days25.6033.6021.9015.4035.3090.8090.4090.70146.20189

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mahasagar Travels Ltd FAQs

The current trading price of Mahasagar Travels on 02-Jun-2026 16:59 is ₹5.74.

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 01-Jun-2026 the market cap of Mahasagar Travels stood at ₹4.51 Cr

The latest P/E ratio of Mahasagar Travels as of 01-Jun-2026 is 19.29.

The latest P/B ratio of Mahasagar Travels as of 01-Jun-2026 is 0.57.

The 52-week high of Mahasagar Travels is ₹7.94 and the 52-week low is ₹4.44.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahasagar Travels is ₹35.85 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mahasagar Travels Ltd is a average quality company.

The key valuation ratios of Mahasagar Travels Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mahasagar Travels Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Mahasagar Travels Ltd

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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