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Awaiting price reaction for this filing.
Mach Travel Solutions has received a work order from the Government of Punjab to manage an end-to-end 2 Nights / 3 Days pilgrimage programme for approximately 1,85,000 Yatris travelling from cities and villages near Mohali to the Golden Temple in Amritsar. The mandate covers logistics, accommodation, transportation, and food & beverages, and is to be executed over a six-month period with revenue visibility spread across FY26 and the next financial year. The order size is approximately Rs. 92 crores. The order has been awarded by a domestic government entity, is not a related party transaction, and the promoter group has no interest in the awarding entity.
This is a sizeable government order (~Rs. 92 crores) for the company and could provide meaningful revenue visibility across FY26 and FY27, potentially supporting topline growth. Investors should monitor execution timelines and revenue recognition to assess whether the order translates into sustained earnings improvement.