Mach Conferences reports strong sales growth and positive outlook for H2 FY25

Mach Conferences and Events Limited, a prominent player in the Meetings, Incentives, Conferences, and Exhibitions (MICE) industry, has reported remarkable achievements in sales growth FY25 alongside a strong order pipeline. The company’s steady trajectory reaffirms its leadership in global event management, with a robust strategy poised to harness peak season demand.

The company achieved a 68% revenue growth in H1 FY25 compared to the same period last year. Its total revenues reached INR 187.47 crore as of November 30, 2024, demonstrating the strength of its financial planning. A strong order book, valued at INR 68.17 crore, positions Mach Conferences to deliver sustained performance. Most of the pending orders are scheduled for execution within six weeks, ensuring maximum efficiency in global event management.

Peak season revenue growth driving optimism

For the MICE sector, October to March is a pivotal period that drives substantial business activity. Historically, this peak season has brought a surge in demand and increased operational activity. In FY24, Mach Conferences recorded 2.34 times revenue growth in H2 compared to H1, a trend expected to sustain for sales growth FY25. The company is confident of leveraging this opportunity to further strengthen its position in the MICE sector and achieve greater peak season revenue.

Expanding global presence with key milestones

The company’s commitment to excellence in global event management is evidenced by recent high-profile events executed across cities like Dubai, Monte Carlo, and Hong Kong, alongside domestic locations such as Mumbai and Jaipur. These successful projects underscore Mach Conferences’ ability to manage large-scale operations and deliver world-class services, propelling its MICE industry growth further.

Strategic focus and strong order book

Mach Conferences’ focus on delivering exceptional experiences and meeting evolving client needs underpins its growth trajectory. A strong order book, coupled with high demand in the MICE sector, provides a solid foundation for its optimistic sales growth FY25 outlook. The company remains dedicated to maintaining its leadership by expanding its global footprint and refining operational efficiencies.

Expert analysis on MICE industry growth

Analysts point to increasing demand for hybrid and in-person events as a significant driver for the MICE industry growth. With its proven track record in global event management, Mach Conferences is well-positioned to capitalize on this evolving landscape.

About Mach Conferences & Events Limited

Mach Conferences and Events Limited (BSE: MCEL) is recognized for its expertise in global event management and dedication to driving MICE industry growth. The company continues to set benchmarks in organizing impactful corporate conferences and training programs worldwide.