What is the share price of Mach Conferences and Events Limited (MCEL) today?
The share price of MCEL as on 24th March 2025 is ₹174. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Mach Conferences and Events Limited (MCEL) share?
The past returns of Mach Conferences and Events Limited (MCEL) share are- Past 1 week: 5.06%
- Past 1 month: -14.95%
- Past 3 months: -21.87%
- Past 6 months: -31.28%
- Past 1 year: -41.06%
- Past 3 years: N/A%
- Past 5 years: -41.06%
What are the peers or stocks similar to Mach Conferences and Events Limited (MCEL)?
The peers or stocks similar to Mach Conferences and Events Limited (MCEL) include:What is the market cap of Mach Conferences and Events Limited (MCEL) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Mach Conferences and Events Limited (MCEL) is ₹366.47 Cr as of 24th March 2025.What is the 52 week high and low of Mach Conferences and Events Limited (MCEL) share?
The 52-week high of Mach Conferences and Events Limited (MCEL) is ₹314 and the 52-week low is ₹148.What is the PE and PB ratio of Mach Conferences and Events Limited (MCEL) stock?
The P/E (price-to-earnings) ratio of Mach Conferences and Events Limited (MCEL) is 14.00. The P/B (price-to-book) ratio is 7.40.Which sector does Mach Conferences and Events Limited (MCEL) belong to?
Mach Conferences and Events Limited (MCEL) belongs to the Industrials sector & Business Support Services sub-sector.How to buy Mach Conferences and Events Limited (MCEL) shares?
You can directly buy Mach Conferences and Events Limited (MCEL) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Mach Conferences and Events Limited
MCEL Share Price
MCEL Share Price Chart
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MCEL Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
— | 7.40 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
42.38 | 6.19 | 0.64% |
MCEL Analyst Ratings & Forecast
Detailed Forecast Price Upside
Earnings Growth
Rev. Growth
MCEL Company Profile
Mach Conferences & Events Ltd provides MICE services, specializing in event management, logistics, and planning for corporate meetings and exhibitions.
MCEL Similar Stocks (Peers)
Compare with peersMCEL Sentiment Analysis
MCEL Stock Summary · November 2024
The company has demonstrated robust financial growth, reporting a 68% increase in revenue and a 97% rise in profit after tax, bolstered by a strong order book and strategic focus on the MICE sector. Despite facing challenges in customer retention and market expansion, particularly in the renewable energy sector, management remains optimistic about future performance, especially with the recent IPO enhancing visibility and operational capabilities. The cautious approach to hiring and marketing reflects a commitment to sustainable growth, while plans to expand into the B2C market through a new app signal a proactive strategy to diversify revenue streams. Overall, the emphasis on transparency and stakeholder engagement aims to build investor confidence amid a fluctuating market sentiment.
Key Points on MCEL Stock Performance
MCEL Stock Growth Drivers
8Strong Financial Performance
The company reported significant financial growth in H1 FY25, achieving a top line revenue of
Expansion of Operations
The company has expanded its operations by opening a new office in Kolkata, aimed at
MCEL Stock Challenges
6Challenges in Expanding into New Industries
The company has expressed caution about entering new business verticals, particularly the entertainment industry, due
Limited Business Opportunities with SMEs
The company has not pursued opportunities with newly listed small and medium enterprises (SMEs) due
MCEL Forecasts
Price
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Earnings
MCEL Share Price Forecast
MCEL Company Revenue Forecast
MCEL Stock EPS (Earnings Per Share) Forecast
MCEL
Income
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MCEL 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 | — |
MCEL Company Updates
MCEL Past Performance & Peer Comparison
IndustrialsBusiness Support Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Mach Conferences and Events Limited | 14.00 | 7.40 | — |
Kfin Technologies Ltd | 76.96 | 16.60 | 0.52% |
Indegene Ltd | 37.58 | 8.86 | — |
RITES Ltd | 25.28 | 4.23 | 3.76% |
MCEL Stock Price Comparison
Compare MCEL with any stock or ETFMCEL Shareholdings
MCEL Promoter Holdings Trend
MCEL Institutional Holdings Trend
In last 3 months, retail holding in the company has increased by 8.28%
In last 3 months, foreign institutional holding of the company has increased by 5.68%
MCEL Shareholding Pattern
MCEL Shareholding History
smallcases containing MCEL stock
Looks like this stock is not in any smallcase yet.
MCEL Events
MCEL Dividend Trend
MCEL has not given any dividends in last 5 years
Dividends
Corp. Actions
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MCEL Dividends
MCEL Stock News & Opinions
Mach 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
Pledged promoter holdings is insignificant