The Board in its meeting held on 23-05-2025 has recommended dividend of Rs. 1.00/- per equity share of the face value of Rs. 10/- each (10%) for the financial year ended 31st March 2025. ....
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The Board of Mach Conferences & Events Limited met on May 23, 2025 and approved audited standalone and consolidated financial results for FY ending March 31, 2025, with an unmodified audit opinion from Gulati Sandeep & Co. Standalone revenue from operations was largely flat at Rs. 23,574.73 lakhs (vs Rs. 23,725.89 lakhs in FY24), while profit after tax fell sharply to Rs. 1,416.45 lakhs from Rs. 2,618.27 lakhs (down ~46%). The Board recommended a dividend of Rs. 1.00 per share (10% on face value of Rs. 10), subject to shareholder approval. Additionally, the Board approved a new ESOP scheme (up to 8,76,500 options), an investment of Rs. 50 lakh to acquire 60% in Travexel Events And Travel Pvt Ltd, and an unsecured loan facility of up to Rs. 50 crore to Travexel at 8% per annum. Operating cash flow turned negative at Rs. (887) lakhs on a standalone basis, though net cash position improved to Rs. 2,629.64 lakhs following an equity infusion.
Despite a sharp drop in profits and negative operating cash flow, shareholders are rewarded with a 10% dividend while management is deploying capital into a new subsidiary and an employee stock option pool, which could dilute equity but supports growth initiatives. The weak cash generation may be a concern for investors assessing near-term working-capital efficiency.