Mach Conferences and Events Limited
MCELMach Conferences and Events Limited
MCEL
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| — | 10.33 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| -144.03 | 12.79 | 0.34% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Hmm, looks like data is unavailable here. Please come back after some timePeers
Compare with peersAffle (India) Ltd
Media Matrix Worldwide Ltd
Praveg Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2024 | TTM | ||
|---|---|---|---|---|
| Total Revenue | 239.22 | — | ||
Raw Materials | 0.00 | — | ||
| Power & Fuel Cost | 0.16 | |||
| Employee Cost | 5.60 | |||
| Selling & Administrative Expenses | 4.21 | |||
| Operating & Other expenses | 192.61 | |||
EBITDA | 36.64 | — | ||
| Depreciation/Amortization | 0.39 | — | ||
| PBIT | 36.25 | — | ||
| Interest & Other Items | 1.17 | — | ||
| PBT | 35.08 | — | ||
| Taxes & Other Items | 8.91 | — | ||
| Net Income | 26.17 | — | ||
| EPS | 13.91 | — | ||
| DPS | 0.00 | — | ||
| Payout ratio | 0.00 | — |
Company Updates
Peers & Comparison
Communication ServicesAdvertising
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Mach Conferences and Events Limited | 19.55 | 10.33 | — |
| Affle (India) Ltd | 84.72 | 10.08 | — |
| Media Matrix Worldwide Ltd | 384.50 | 6.67 | — |
| Praveg Ltd | 143.64 | 6.49 | 0.13% |
Price Comparison
Compare MCEL with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 8.28%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 5.68%
Shareholding Pattern
Jul 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
MCEL has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeMach Conferences & Events will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
The scrip was listed at Rs 300, a premium of 33.33% over the initial public offer (IPO) price. The counter hit a high of Rs 314 and a low of Rs 285. About 23.32 lakh shares of the company changed hands at the counter. Mach Conferences and Events' IPO was subscribed 181.99 times. The issue opened for bidding on 4 September 2024 and it closed on 6 September 2024. The price band of the IPO was set at Rs 214 to Rs 225 per share. The issue size comprised of fresh issue of 22,29,000 and offer for sale (OFS) of 33,39,000 shares by existing promoters, Amit Bhatia and Laveena Bhatia. The promoter and promoter group shareholding diluted to 69.92% from 95.97% pre-offer. The company intends to utilize the net proceeds to meet working capital requirements and general corporate purpose. Ahead of the issue, Mach Conferences and Events on 3 September 2024 raised Rs 35.50 crore from anchor investors. The board allotted 15.78 lakh shares at Rs 225 per share to 21 anchor investors. Mach Conferences and Events provides an array of services tailor made for MICE (Meeting, Incentives, Conferences, Exhibitions) and events sector. It offers end-to-end services for corporate meetings, conferences, trade shows, and other gatherings, facilitating seamless planning, execution, and coordination. The company has worked for various industries including hospitality, infrastructure, FMCG etc. The company propose to explore in B2C segment by launching a travel B2C portal BookMyYatra.com. As on 31 March 2024, the company handle 90 events across diverse locations in India and abroad. The average revenue for the conducting such events stood Rs 2.63 crore per event. The company has a total of 55 employees. The company's revenue primarily comes from package tours and event services, with a small portion derived from commission income. The company recorded revenue from operations of Rs 237.25 crore and net profit of Rs 26.18 crore for the period as on 31 March 2024. Powered by Capital Market - Live
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant