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Mach Travel Solutions Limited Records Highest-Ever H1 Revenue in FY27 with Strong PAT

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Q2 FY27 Revenue Jumps 174.7% YoY to ₹204.53 Cr; H1 FY27 Revenue at Record ₹348.86 Cr

PAT Rises 46.9% YoY to ₹9.26 Cr in Q2 FY27; H1 FY27 PAT at ₹15.42 Cr, up 97.2% YoY

NEW DELHI, Nov. 4, 2026 /PRNewswire/ — Mach Travel Solutions Limited (BSE: MACHLTD), formerly known as Mach Conferences & Events Limited, announced its unaudited consolidated financial results for the second quarter and half year ended September 30, 2026.

H1 FY27 marked the Company’s highest-ever first-half Revenue from Operations since its incorporation in 2004, reflecting the growing scale of its business and continued expansion across diversified travel verticals.

During Q2 FY27, Mach Travel Solutions continued its transformation from a predominantly MICE-focused organisation into a diversified, technology-enabled integrated travel solutions platform. The Company continued to execute across Corporate Travel, MICE, B2B, Leisure, Inbound and Government & Institutional Projects, while advancing its B2C digital offering. The period also saw progress in corporate travel, institutional credentials and digital platform initiatives, supporting the Company’s strategy to build a broader travel ecosystem.

Consolidated Key Financials (₹ Cr.):

Particulars

Q2 FY27

Q2 FY26

YoY %

Q1 FY27

Q-o-Q %

H1 FY27

H1 FY26

YoY %

Revenue from Operations

204.53

74.46

174.69 %

144.33

41.70 %

348.86

97.08

259.36 %

EBITDA (incl. Other
Income)

14.39

9.67

48.82 %

9.23

55.98 %

23.62

11.34

108.29 %

EBITDA Margin %

7.00 %

12.81 %

6.30 %

6.71 %

11.49 %

PAT

9.26

6.30

46.87 %

6.16

50.15 %

15.42

7.82

97.16 %

PAT Margin %

4.50 %

8.35 %

4.21 %

4.38 %

7.93 %

EPS (in Rs.)

4.40

2.97

2.92

7.32

3.70

Note: EBITDA includes Other Income and is calculated as Profit Before Tax plus Finance Cost and Depreciation. EBITDA and PAT margins
are calculated on Total Income. Growth rates are calculated using unrounded figures.

Financial Performance Review

Revenue from Operations stood at ₹204.53 crore in Q2 FY27 as compared to ₹74.46 crore in Q2 FY26, representing year-on-year growth of 174.7%, and sequential growth of 41.7% over ₹144.33 crore in Q1 FY27. For H1 FY27, Revenue from Operations stood at ₹348.86 crore as compared to ₹97.08 crore in H1 FY26, representing year-on-year growth of 259.4%.EBITDA (including Other Income) stood at ₹14.39 crore in Q2 FY27 as compared to ₹9.67 crore in Q2 FY26, a year-on-year growth of 48.8%, and a sequential growth of 55.98% over ₹9.23 crore in Q1 FY27. EBITDA Margin was 7.00% in Q2 FY27, a sequential improvement of approximately 69 basis points from 6.30% in Q1 FY27. For H1 FY27, EBITDA stood at ₹23.62 crore as compared to ₹11.34 crore in H1 FY26, a growth of 108.3%, with an EBITDA Margin of 6.71% against 11.49%.Profit After Tax (PAT) stood at ₹9.26 crore in Q2 FY27 as compared to ₹6.30 crore in Q2 FY26, representing year-on-year growth of 46.9%, and sequential growth of 50.2% over ₹6.16 crore in Q1 FY27. PAT Margin was 4.50% in Q2 FY27 as compared to 8.35% in Q2 FY26 and 4.21% in Q1 FY27. For H1 FY27, PAT stood at ₹15.42 crore as compared to ₹7.82 crore in H1 FY26, representing year-on-year growth of 97.2%, with a PAT Margin of 4.38% against 7.93%.Gross Merchandise Value (GMV) stood at approximately ₹532.54 crore in Q2 FY27, reflecting the overall scale of travel transactions handled across the Company’s diversified business verticals during the quarter. For H1 FY27, GMV stood at approximately ₹784.54 crore, comprising ₹252 crore in Q1 FY27 and ₹532.54 crore in Q2 FY27. The Company has commenced disclosure of GMV from Q1 FY27 to provide stakeholders with greater visibility into the scale of its underlying business activity.The Company’s performance during Q2 FY27 and H1 FY27 reflects continued execution across its integrated travel solutions platform, with ongoing efforts to scale newer verticals, strengthen technology-enabled offerings and build a more diversified mix of business.

FY27 Revenue Outlook

In view of the Company’s business performance and continued expansion across its diversified travel verticals, Mach Travel Solutions Limited has revised its FY27 revenue target upwards to more than 2.5x its FY26 Revenues.

The revised target reflects management’s expectations for the current financial year, supported by its expanding Corporate Travel business, established MICE operations and opportunities across the Company’s other travel segments.

The Company remains focused on translating business opportunities into sustainable revenue growth while maintaining operational discipline and strengthening its technology-enabled travel ecosystem.

Q2 & H1 FY27 Business & Operational Highlights

During Q2 FY27, the Company continued to build on its transition into an integrated travel solutions platform, with progress across Corporate Travel, MICE, Government & Institutional Projects and its emerging B2C digital offering.

Continued the Company’s strategic evolution from a predominantly MICE-focused organisation into an integrated travel solutions platform spanning Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects, alongside the development of its B2C Online Travel Agency (OTA) platform.Strengthened its credentials in Government & Institutional Projects after being recognised by the Ministry of Tourism, Government of India, through the National Integrated Database of Hospitality Industry (NIDHI), as an Experienced MICE Tour Operator. The recognition supports participation in government and institutional tenders where such credentials are required.Onboarded more than 140 corporate clients for its Corporate Ticketing services and Self-Booking Tool as of September 30, 2026. Since the launch of the dedicated Corporate Travel vertical in April 2026, the client base has expanded across a broad range of industries, including automotive and engineering, pharmaceuticals, financial services, technology, healthcare, education, FMCG, infrastructure, media and manufacturing. This milestone supports the Company’s focus on building long-term corporate relationships and recurring travel business.Opened Machtravel.com and the Mach Travel mobile application for public beta testing on August 31, 2026. The B2C platform brings together travel services including Flights, Hotels, Holidays, MICE, Cruises and Visa services, and will be further refined using user feedback.Continued to leverage its pan-India operating presence across Noida, New Delhi, Ahmedabad, Mumbai, Kolkata, Bengaluru and Bhubaneswar, alongside its international MICE execution capabilities, to serve corporate, institutional and leisure travel requirements.Maintained its focus on scaling the Company’s newer business verticals, deepening technology integration and identifying cross-selling opportunities across its customer base, while progressing the pipeline across its diversified travel businesses.With the foundations of the Company’s diversified travel platform continuing to take shape, the focus is increasingly shifting towards scaling each business vertical, strengthening client relationships and leveraging technology and cross-selling to support sustainable growth.

Commenting on the performance, Mr. Amit Bhatia, Chairman & Managing Director, Mach Travel Solutions Limited, said:

“H1 FY27 marks an important milestone for Mach Travel Solutions Limited, as we have achieved our highest-ever first-half Revenue from Operations of ₹348.86 crore since the Company’s inception in 2004, surpassing our entire FY26 revenue. Our Q2 FY27 revenue and PAT stood at ₹204.53 crore and ₹9.26 crore, respectively, while H1 FY27 revenue and PAT stood at ₹348.86 crore and ₹15.42 crore, respectively.

Over the years, we have strategically transformed Mach from a predominantly MICE-focused organisation into an integrated, technology-enabled travel solutions company. Our approach has been to build multiple complementary business verticals, strengthen our leadership capabilities and leverage technology to create a scalable business model.

The rapid expansion of our Corporate Travel business, alongside our established MICE operations, growing institutional presence and investments in digital platforms, reinforces our confidence in the direction we have chosen.

In light of our performance and the opportunities ahead, we have revised our FY27 revenue target upwards to more than 2.5x our FY26 revenue. This reflects our confidence in the Company’s growth potential and the progress of our diversification strategy.

Our ambition is not merely to grow revenue, but to build a strong, sustainable and future-ready travel solutions company with multiple growth engines. We remain committed to disciplined execution, long-term relationships and creating enduring value for our shareholders.”

About Mach Travel Solutions Limited

Mach Travel Solutions Limited (formerly Mach Conferences & Events Ltd.) is a publicly listed technology-enabled travel solutions company listed on the Bombay Stock Exchange (BSE: MACHLTD). Incorporated in 2004, the Company provides technology-enabled end-to-end travel solutions across Corporate Travel, MICE, B2B, Leisure, Inbound Travel and Government & Institutional Projects.

The Company has a strong pan-India presence with offices in Noida, New Delhi, Kolkata, Mumbai, Bengaluru, Bhubaneswar and Ahmedabad, and is accredited by and associated with leading national and international travel associations, including IATA, GBTA, PATA, IATO, ADTOI, OTOAI, SKÅL International, JATA, ICPB, EGAC and NIMA.

For more information, please visit https://www.machtravelsolutions.com.

The Company is also developing its B2C Online Travel Agency platform, Machtravel.com, as part of its strategy to build a comprehensive travel ecosystem.

Mach Travel Solutions Ltd.
Mrs. Swati Aggarwal
Company Secretary & Compliance Officer
Email:
compliance@machtravel.com 
Website:
machtravelsolutions.com 

Adfactors PR Pvt. Ltd.
Mrs. Disha Mody / Mr. Vaibhav Gupta / Ms. Kareena Jain
Investor Relations
Email:
disha.mody@adfactorspr.com 
vaibhav.gupta@adfactorspr.com 
kareena.jain@adfactorspr.com 
Website:
www.adfactorspr.com

Safe Harbour

This release contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Mach Travel’s future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Mach Travel Solutions undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances.

 

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Home Companion Robot Mobo to Debut Globally and Open Pre-orders as AiMOGA Showcases Its Robot Family at the 2026 OMODA & JAECOO International User Summit

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WUHU, China, Nov. 7, 2026 /PRNewswire/ — As AI becomes part of everyday family life, how will it transform the homes of the future? The 2026 OMODA & JAECOO International User Summit, co-presented by CHERY, OMODA|JAECOO, ICAUR, Lepas and AiMOGA, took place in Wuhu from October 19 to 24 under the theme “DRIVE TO THE NEXT VIBE.” During the summit, AiMOGA Robotics officially launched Mobo—its consumer-grade humanoid robot for home companionship—and opened global pre-orders. The launch took embodied AI into the home, extending proven automotive-grade technologies and supply-chain capabilities beyond vehicle manufacturing to a broader ecosystem of intelligent living.

Meet Mobo: A Thoughtful, Expressive and Caring Companion. A key highlight of the summit, Mobo makes its global debut with pre-orders opening worldwide. Having previously appeared at the World Robot Conference and the World Manufacturing Convention, it has already drawn strong interest. Powered by AiMOGA’s proprietary MoAgent AI brain, Mobo goes beyond rigid single-command responses: it independently breaks down complex instructions and plans long-horizon tasks, turning Q&A into goal-driven assistance. Designed for family life, it combines spatial perception with multimodal interaction—autonomous navigation, dynamic obstacle avoidance, and voice-plus-vision conversation that identifies objects and makes companionship feel natural. With a full-body motion system of 22 degrees of freedom, it delivers smooth movements and dance routines, remembers each family member’s habits and preferences, and builds in privacy protection from the outset—a companion blending advanced technology with warmth and care.

Bringing Automotive Expertise to Robotics. Unlike start-ups building from scratch, AiMOGA draws on the extensive automotive engineering experience and global R&D network of CHERY and its brands—OMODA|JAECOO, ICAUR and Lepas—adapting proven technologies, including high-precision environmental perception and automotive-specific large AI models, for robotics. During the summit, its full robot portfolio will appear in zones recreating real-world applications: police robots patrolling mock traffic settings, healthcare robots guiding visitors, Mornine acting as an AI presenter, the Argos Pro quadruped demonstrating following and load carrying, and Mobo offering hands-on demonstrations as pre-orders open. AiMOGA already operates robots across more than 100 use cases—from dealerships and retail to traffic management, security, education and healthcare—with cumulative deliveries exceeding 3,000 units across more than 60 countries and regions.

Beyond Automotive Manufacturing. As these brands move from vehicles into robotics, they extend accumulated R&D, supply-chain and manufacturing expertise to wider intelligent applications; automotive–robotics integration provides the industrial foundation, while the MoAgent brain supports understanding, planning and execution. Guided by the philosophy “In Somewhere, For Somewhere, Be Somewhere,” CHERY, OMODA|JAECOO, ICAUR, Lepas and AiMOGA are bringing intelligent technology into everyday life and delivering meaningful support to people worldwide.

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CassTime Unveils AI-Driven “T+D Solution” to Tackle Data and Repair Bottlenecks in the Global Automotive Aftermarket

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LAS VEGAS, Nov. 6, 2026 /PRNewswire/ — At the recently concluded AAPEX 2026, more than 45,000 professionals from 128 countries and regions and over 2,500 exhibitors gathered in Las Vegas, a clear sign of sourcing demand across the global automotive aftermarket. At the same time, a long-standing industry challenge has become harder to ignore: as vehicle model counts keep climbing and model refresh cycles shorten, global repair networks are commonly facing difficulties in parts data matching, fragmented supply sources, low quotation efficiency, and insufficient repair technical capabilities.

In response to these bottlenecks, Li Li, CEO of International Business at CassTime, introduced an AI-driven “T+D Solution” at the 2026 CassTime Partner Conference. T refers to Digital Trade, which connects supply with overseas procurement demand through the CassChoice platform; D refers to an intelligent localized service platform, which uses PartGrid to bring parts matching, repair support, and insurance claims assessment capabilities to local markets. The solution has already been put into practical operation in markets such as Saudi Arabia.

Industry Bottlenecks: Data Matching and Repair Capability Are Global Challenges

Li Li noted that channel and market-access conditions vary significantly across regions: the Middle East has many new vehicle models and a growing number of supply channels; Brazil has a complex channel and market-access system; Central Asia’s supply channels are being restructured; and North America has mature certification and channel requirements for branded parts. The common challenges are concentrated in four areas: data matching, supply stability, quotation and delivery efficiency, and local repair service capability. Insufficient data leads to matching difficulties, fragmented demand leads to unstable supply, and local repair capabilities are difficult to build up quickly.

“After decades of development, the automotive aftermarket has formed a complete supply chain system, and CassTime has also built a digital system covering the entire value chain,” Li Li said. “We hope to translate proven digital practices into a holistic solution that can be implemented overseas, covering both parts and repair services.”

Li Li emphasized that China’s auto parts industry has been tempered through intense competition and has long built a comprehensive domestic supply chain. In particular, its parts SKU coverage for Chinese-brand vehicles is especially complete: Chinese vehicle models have a large installed base and rapid update and iteration cycles. Leveraging deep accumulation in the local market, CassTime has formed the industry’s most complete coverage in parts data, VIN decoding, and repair cases for Chinese-brand vehicles. This is also the foundation of the T+D Solution. Supported by this most complete Chinese-brand vehicle SKU database, wherever Chinese-brand vehicles go in the world, CassTime can bring along the parts supply and repair experience already proven in China, enabling overseas partners to share the best practices of China’s supply chain.

CassChoice: Digital Trade to Solve Supply-Demand Matching Challenges

In traditional procurement scenarios, when a customer submits demand for hundreds of thousands of SKUs, it usually requires manual order splitting, separate inquiries to multiple suppliers, quotation consolidation, and delivery in batches—a long and inefficient process. The CassChoice system can automatically break down demand, generate batch quotations, track order status, and output reports. The relevant data can also be used for demand tracking and analysis—a direct manifestation of using AI and digital tools to solve “difficult data matching and fragmented supply.”

According to CassTime, its overseas platform has accumulated more than 5 million SKUs—with particularly complete SKU data for Chinese-brand vehicles—and can generate quotes in seconds for more than 10,000 SKUs. On the supply side, CassChoice connects factories, brands, and distributors, helping overseas customers complete sourcing, procurement, and local delivery, and efficiently matching fragmented supply with fragmented demand on a digital platform.

PartGrid: AI Agents to Fill Local Repair Capability Gaps

To address matching challenges caused by the large number and rapid updates of vehicle models, PartGrid integrates CassTime’s VIN decoding system to help local partners achieve precise matching just as they would in China, reducing error rates. Multilingual communication is handled by AI, enabling barrier-free interaction. The platform can use formats such as WhatsApp Chatbot to connect with local users, adapting to the usage habits of small repair businesses and end users.

Beyond parts circulation, PartGrid also provides three AI agent service capabilities: an AI Repair Master, which synchronizes accumulated repair data and cases to local markets to help solve technical difficulties, especially overseas repair of Chinese vehicle models; an insurance claims assessment agent, which combines real-time fault analysis, parts matching information, and labor-hour estimation to support efficient implementation of insurance business; and an AI Seller, which provides accurate and timely quotations around the clock. Together, these three capabilities form a localized service loop of “parts + repair + insurance,” directly addressing the industry bottleneck of “repair capability falling behind.”

Saudi Arabia Case: Localized Operations Starting from Claims Scenarios

CassTime’s partner in Saudi Arabia is a Middle East technology company that manages insurance business. Its digital platform, Tamam, handles related business for nearly half of Saudi Arabia’s insurance companies. The two parties began their cooperation with online access in claims scenarios: through PartGrid, the partner’s platform connects local car owners, workshops, and the supply chain to enable digital tracking and management of the process; through CassChoice, it connects supply, opening up the parts value chain from source to end user.

On this basis, the cooperation has three expansion directions: extending application scenarios from claims to more end-user demand; as workshops adoption and business volume grow, more local suppliers join the platform; and upstream factories, brands, and distributors connecting to supply.

At present, CassTime has advanced implementation in the Middle East and is extending the mature model to Central Asia, South America, and other regions, accelerating the construction of a global parts service network. CassTime stated that it will continue to rely on AI and digital capabilities and work with local partners to jointly build a sustainable overseas service ecosystem.

About CassTime

CassTime Holding Co., Ltd. ( “CassTime”) is a leading digital intelligence platform for the automotive aftermarket in China. It is committed to building AI-enabled digital infrastructure for all participants across the automotive aftermarket value chain, driving the industry’s upgrade toward digital intelligence, standardization and efficient collaboration. The company focuses on auto parts trading, supply chain integration, digital intelligence management for workshops and end-consumer vehicle owner services. It has built a full-value-chain ecosystem covering upstream OEMs and auto parts manufacturers, auto parts distributors, auto service workshops and car owners.

Media Contact

Ben Chan
General Manager, North & South America
Email: ben.chen@casstime.com 
Phone: +86 186 6512 3710

Related Links

CassChoice – China Auto Parts, Direct Supply Worldwide

https://www.facebook.com/people/CassTime/61595799821591/

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Sensitron Introduces 16-Channel, 270VDC Programmable SSPC Series

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SPHM/SEHM Series consolidates circuit protection, load switching and real-time monitoring in a single networked COTS module

HAUPPAUGE, N.Y., Nov. 6, 2026 /PRNewswire/ — Sensitron Semiconductor, a U.S.-based manufacturer of high-reliability power electronics, today announced the SPHM/SEHM Series, a family of programmable Solid State Power Controllers (SSPCs) for 270VDC power distribution. Built on a microcontroller-based, commercial off-the-shelf (COTS) architecture, the series replaces discrete circuit breakers, solid state relays and system monitors with one intelligent unit that switches, protects and reports on up to 16 electrical loads.

Sensitron Semiconductor programmable 16-Channel Solid State Power Controllers (SSPCs) for 270VDC power distribution.

Flexible, high-capacity power distribution

Each SPHM/SEHM module provides 16 independently controlled high-side channels, each programmable from 1A to 10A, for a total capacity of up to 160A. Channels can be paralleled to drive higher-current loads, letting system designers tailor the power architecture to the platform rather than the other way around.

View the latest specifications at sensitron.com/270Vdc_SSPC.

Protection built in

True I²t protection with thermal memory, instant-trip capability and a trip-free reset circuit safeguard both loads and wiring. Soft turn-on and turn-off limit inrush and reduce electromagnetic interference (EMI).

Visibility at the system level

Integrated current, voltage and temperature sensing delivers readings accurate to within 5% across the full operating temperature range. Measurements and channel status are reported to the system controller over dual CAN or dual RS485 interfaces, enabling remote diagnostics, power budgeting, load shedding and condition-based reconfiguration.

Additional features

Start-up and continuous built-in self-test (BIT)

Galvanic isolation between the control interface and line power

Programmable interface I/O signals

Bootloader with field-updatable runtime code

Onboard code space for customer-developed application software

Conduction cooling with an operating range of −45°C to +100°C

“The introduction of our latest 270VDC Solid State Power Controller represents a significant leap forward in thermal management, effectively reducing junction temperatures by 15% compared to industry standard components.”  said Joseph Castaldo, Sensitron’s Vice President of Sales and Marketing. “By leveraging advanced wide-bandgap semiconductor materials, Sensitron Semiconductor is empowering engineers to push the boundaries of power distribution in the most demanding aerospace and defense applications.”

Configurations and applications

The SPHM Series is supplied as an open-frame card for integration into existing enclosures, while the SEHM Series adds an IP67-rated enclosure for harsh environments. Target applications include military ground vehicles, unmanned and manned aerial vehicles, marine vessels, command and communication centers, energy exploration equipment and off-highway vehicles.

Availability

For configuration options, availability and current specifications, visit www.sensitron.com/270Vdc_SSPC or contact sales@sensitron.com.

About Sensitron Semiconductor

Headquartered in New York, Sensitron Semiconductor is a U.S. company that for more than 50 years has delivered high-reliability power semiconductors and power management solutions to military, aerospace, space, medical and other demanding markets.

About Sensitron Semiconductor

Headquartered in Hauppauge, New York, Sensitron Semiconductor is a U.S. company that designs and manufactures high-reliability power semiconductors and power management solutions for military, aerospace, space, medical and industrial applications. With over 50 years of experience, Sensitron offers solid state power controllers, motor drives, power modules, rectifiers and transient voltage protection devices. Standard and custom solutions help customers meet demanding electrical, thermal and mechanical requirements. For more information, visit www.sensitron.com.

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