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    Mach Conferences

    B2B MICE (Meetings, Incentives, Conferences & Exhibitions) company that plans and executes corporate events, incentive tours and destination programs for BFSI-led clients across India and abroad.

    Consumer Services
    Consumer Discretionary
    View 544248 earnings calls

    Overview

    Price

    Market Cap

    ₹314 Cr

    Sector

    Consumer Services

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital0019212121
    Reserves1422318894102
    Borrowings51012766
    Other Liabilities222539242251
    Total Liabilities4058101139143180
    AssetsFixed Assets121222201919
    CWIP160000
    Investments720843
    Other Assets203879112120158
    Total Assets4058101139143180

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY22FY23FY24FY25FY26
    ActivitiesCash from Operating-7-318-95
    Cash from Investing-150-1-255
    Cash from Financing54139-4
    SummaryCapital Expenditure
    Free Cash Flow-16-814-74
    FCF Margin

    Valuation

    Assumptions

    Current — 544248
    Price
    ₹144
    EPS (TTM)
    ₹14.62
    PE (TTM)
    9.8
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (4.0×) and current (9.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹144
    vs
    Fair value · 15% return
    ₹41
    72%Overvalued

    At 10% growth and a 4× exit, ₹144 only delivers your return if you pay ₹41. The price is currently baking in 38% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 4×.

    YearGrowthEPS (₹)
    FY2710.0%16.08
    FY2810.0%17.69
    FY2910.0%19.46
    FY3010.0%21.41
    FY3110.0%23.55
    FY328.0% ·fade25.43
    FY336.0% ·fade26.96

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Mach Conferences

    Guides on how to read this kind of business and the numbers that matter.