MACH CONFERENCES REPORTS STRONG SALES GROWTH AND POSITIVE OUTLOOK FOR H2 FY 2025

New Delhi : MACH CONFERENCES AND EVENTS LIMITED, a leading player in the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, is pleased to share a key update regarding its sales performance and order book status, as well as the company’s outlook for the second half (H2) of FY25.
Current status of Sales and Order book
In addition to sales achieved in H1 FY25 which recorded a 68 % revenue growth compared to H1 FY24, the Company has secured multiple new orders. The total revenue from sales between 1st April’ 24 to 30th November ’24 stands at INR 187.47 crores. Combined total of the order book as on 30/11/2024 and executed orders in first two months of H2 FY25 is INR 68.17 crores. Majority of the pending orders are expected to be executed within the next 1-1.5 months.
Peak Season Anticipation and Growth Outlook
H2 is traditionally stronger period for the MICE industry, wherein the months from October to March are considered as the peak season. During this time, our company experiences significant business growth due to heightened seasonal demand and a surge in industry activities. Based on trends from previous financial years, we are confident that this peak season will further drive substantial revenue growth and operational performance. For context, in FY24, the Company has witnessed 2.34 times revenue growth in H2 compared to H1.
Recent Successful Milestones and Global Reach
In line with our growth trajectory, we are proud to announce the successful execution of several high profile events across multiple locations, both in India and internationally. Recent business was successfully executed in prominent destinations, including Dubai, Almaty, Monte Carlo, Hong Kong, Paris, London, Goa, Jaipur, Mumbai, Hyderabad, Munnar, etc. in past 2 months. This global footprint highlights our ability to manage and deliver world-class events across diverse and dynamic markets.
Strategic Focus and Future Growth
With a strong order book and an optimistic outlook for the peak season, the Company is well-positioned to capitalize on the growing demand in the MICE industry. We remain focused on leveraging our industry expertise and operational capabilities to meet the evolving needs of our clients, while delivering sustained value for our investors. We look forward to further strengthening our market position and delivering on our growth objectives in the coming months.