Synopsis:
Mach Conferences and Events Limited has secured multiple high-value contracts from leading cement and glass companies, covering Prague and Vienna for about 900 participants, valued at ₹14 Crores. The awards underscore MCEL’s global capabilities, expanding its footprint in the MICE sector while enhancing both B2B and upcoming B2C operations.
A leading event management stock rose sharply after announcing new global contracts, reflecting investor optimism over its expanding international presence. The company’s awards for Prague and Vienna events highlight continued growth in MICE operations, despite FY25 showing a moderation in average revenue per event. Investors are optimistic about MCEL’s dual B2B and B2C strategy.
Mach Conferences and Events Limited, with a market cap of Rs. 262.96 Crores, opened at Rs. 122.70, touched a high of Rs. 127.90 against a previous close of Rs. 119.10, marking an intraday increase of 7.38 percent.
What’s the News?
Mach Conferences and Events Limited, a premier provider of end-to-end MICE and event solutions, has secured significant contracts from a leading cement company and a major glass brand.
The contracts, slated for execution in FY26, cover Prague and Vienna and are expected to cater to approximately 900 participants, totaling around Rs. 14 Crores. These deals reinforce MCEL’s reputation as a trusted global partner in event management.
The projects exemplify MCEL’s strategic focus on expanding its international portfolio while continuing to strengthen client relationships and deliver end-to-end services in the MICE sector. The company aims to maintain high standards in execution, ensuring world-class experiences for corporate and incentive travel participants.
Alongside these awards, MCEL continues to consolidate its operational capabilities, leveraging its experience across 25+ countries and 370+ events completed over the last three years. The company is also expanding into B2C offerings, including premium cruise packages and religious tours, further diversifying its revenue streams.
Comments from the Management
Commenting on this strategic development, Mr. Amit Bhatia, Chairman & Managing Director of Mach Conferences and Events Limited, said:
“We are delighted to announce that Mach Conferences and Events Limited has secured multiple prestigious contracts from industry leaders in the cement and glass sectors. This achievement reflects the trust and confidence these global giants place in our expertise and commitment to excellence.
These partnerships reinforce our position as a leading player in the MICE sector. We remain dedicated to delivering innovative, world-class solutions that exceed client expectations and drive their success. We look forward to cultivating long-term relationships with these valued clients, creating impactful experiences worldwide.”
Also read: 3:1 Bonus & 1:2 Stock Split: Chemical stock in focus after board sets record date for bonus and split
Operational Highlights
MCEL has successfully conducted events in over 25 countries, completing more than 370 events in the last three years. The number of events rose from 90 in FY24 to 156 in FY25, though the average revenue per event decreased to Rs. 151.12 Lakhs from Rs. 263.62 Lakhs.
The company became a key distributor for Cordelia Cruises, supporting both B2B corporate events and upcoming B2C premium cruise offerings under the Cruise Bharat Mission. Additionally, over 36,500 people participated in its travel programs in FY25, while 21 new corporate clients were onboarded and a B2C travel portal is slated for launch in FY26. Religious tour offerings, including Mahakumbh trips, were also initiated.
Financial Snapshot
Comparing FY24 to FY25, MCEL’s sales marginally decreased from Rs. 237 Crores to Rs. 236 Crores, a decline of 0.42 percent. Operating profit fell sharply from Rs. 35 Crores to Rs. 19 Crores, down 45.71 percent, while PBT decreased from Rs. 35 Crores to Rs. 20 Crores, a decline of 42.86 percent. Net profit declined from Rs. 26 Crores to Rs. 14 Crores, down 46.15 percent.
On the balance sheet, borrowings reduced from Rs. 12 Crores to Rs. 7 Crores, and reserves increased substantially from Rs. 31 Crores to Rs. 88 Crores. Net cashflow fell from Rs. 18 Crores to Rs. 5 Crores, indicating a tighter liquidity position.
About the Company
Mach Conferences and Events Limited is a pioneer in the MICE industry, with over 20 years of experience organizing, coordinating, and executing formal meetings, incentives, conferences, and events worldwide.
The company has certifications from IATA, ADTOI, IATO, JATA, and PATA, and has executed over 300 large and medium-sized events in the last three years, involving more than 30 elite brands. Its global footprint spans multiple countries, supported by a highly skilled team with extensive sector knowledge, making it one of the top performers in the international MICE space.
Written By Manan Gangwar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
