MHSGRMS
Mahasagar Travels financials
- Market cap
- ₹4 Cr
Quarterly results
Q1 FY27: revenue up 7.2%, net profit down 162.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 9 | 10 | 9 | 8 +0% | 9 +2% | 9 −5% | 10 +7% |
| EBITDA | 0 | 0 | 1 | 0 | 0 +17% | 1 +65% | 0 −53% | 0 +5% |
| Net profit | -0 | 0 | 1 | 0 | -0 −4% | 0 +117% | 0 −84% | -0 −162% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +5.5% 1Y
1Y: ₹5.96 on 8 Sept 2025 → ₹6.29. High ₹7.77 (7 Jan 2026), low ₹4.65 (6 Jul 2026).
Financials, as filed
Revenue fell 9.8% a year over 2 years, FY24 to FY26. Operating margin held at 4.5%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹44 Cr | ₹36 Cr | ₹36 Cr |
| Operating profit | ₹2 Cr | ₹1 Cr | ₹2 Cr |
| Operating margin | 4.4% | 4.1% | 4.5% |
| Interest | ₹1 Cr | ₹0 Cr | ₹1 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net margin | 0.8% | 0.5% | 0.7% |
| Cash from operations | ₹2 Cr | ₹1 Cr | ₹-1 Cr |
| Free cash flow | ₹2 Cr | ₹-1 Cr | ₹-4 Cr |
| ROCE | 22.3% | 16.6% | 15.8% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Reserves | ₹-7 Cr | ₹-9 Cr | ₹-8 Cr | ₹-8 Cr | ₹-8 Cr | ₹-7 Cr |
| Borrowings | ₹9 Cr | ₹8 Cr | ₹7 Cr | ₹5 Cr | ₹6 Cr | ₹7 Cr |
| Other liabilities | ₹7 Cr | ₹7 Cr | ₹8 Cr | ₹8 Cr | ₹9 Cr | ₹7 Cr |
| Total liabilities | ₹16 Cr | ₹14 Cr | ₹15 Cr | ₹13 Cr | ₹14 Cr | ₹15 Cr |
| Fixed assets | ₹7 Cr | ₹5 Cr | ₹3 Cr | ₹2 Cr | ₹5 Cr | ₹5 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Other assets | ₹7 Cr | ₹7 Cr | ₹10 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Total assets | ₹16 Cr | ₹14 Cr | ₹15 Cr | ₹13 Cr | ₹14 Cr | ₹15 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +2.32 pp while the public trimmed −2.32 pp.
- Promoters
- 33.6%
- Public
- 66.4%
Since Jun 2025
- Promoters +2.32 pp
- Public −2.32 pp
How it drifted, 12 quarters
Over this window the public fell from 68.7% to 66.4% — −2.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 31.3%, Public 68.7%.Dec '23: Promoters 31.3%, Public 68.7%.Mar '24: Promoters 31.3%, Public 68.7%.Jun '24: Promoters 31.3%, Public 68.7%.Sep '24: Promoters 31.3%, Public 68.7%.Dec '24: Promoters 31.3%, Public 68.7%.Mar '25: Promoters 31.3%, Public 68.7%.Jun '25: Promoters 31.3%, Public 68.7%.Sep '25: Promoters 31.3%, Public 68.7%.Dec '25: Promoters 31.3%, Public 68.7%.Mar '26: Promoters 32.3%, Public 67.7%.Jun '26: Promoters 33.6%, Public 66.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sukhwani Nitin B +1.31 pp 3.34% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Mahasagar Travels Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Bhagchand Gordhandas Sukhwani | 9.48% | unchanged |
| Hitesh Ramji Javeri | 6.32% | unchanged |
| Sukhwani Nitin B | 3.34% | +1.31 pp |
| Jigneshkumar Jethalal Makhecha | 2.20% | unchanged |
| Abhay Jayprakashbhai Sukhwani | 1.97% | unchanged |
| Jayeshbhai I Sukhwani | 1.92% | unchanged |
| Madhusudan Rao Polineni | 1.07% | unchanged |
| Prakashbhai Kanjibhai Kakkad | 1.00% | unchanged |
| Jayagauri Sureshchandra Karia | 1.00% | unchanged |
| Jankiben Ishwerlal Sukhvani | 0.99% | unchanged |
| Ishwarlal Gordhandas Sukhawani | 0.99% | unchanged |
| Sonalben Tusarbhai Karia | 0.98% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Mahasagar Travels Ltd.
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