Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · MAHASAGAR TRAVELS LTD. · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
MAHASAGAR TRAVELS LTD.
BSE: 526795
BSE: 526795
Services › Services › Transport Services › Road Transport
MAHASAGAR TRAVELS LTD.
StateQ1 FY27 filed
Last close · 28 Oct 2026₹4.06
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA22.6 · 6.55 · 5.4
MAHASAGAR TRAVELS LTD. is a Transport Services company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 45 | 55 | 44 | 36 | 36 |
| EBITDA (ex other income) | 1 | 2 | 2 | 1 | 2 |
| margin % | 2.4 | 4.2 | 4.4 | 4.0 | 4.5 |
| Owners' profit | (2) | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | (2.18) | 0.24 | 0.43 | 0.23 | 0.51 |
| ROE % · ROCE % | 226.5 · (28.3) | 5.6 · 11.9 | (149.1) · 31.7 | (564.0) · 25.9 | 81.2 · 14.5 |
| Debt / equity (x) | (10.06) | 2.04 | (20.22) | (60.57) | 14.91 |
| Cash from operations | (5) | (0) | (3) | 4 | (1) |
| Capex | 0 | (0) | (0) | 0 | (3) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · MAHASAGAR TRAVELS LTD. · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 9 | 10 | 9 | 8 | 9 | 9 | 10 |
| Profit before tax | (0) | 0 | 1 | 0 | (0) | 0 | 0 | (0) |
| Net profit | (0) | 0 | 1 | 0 | (0) | 0 | 0 | (0) |
| EPS (₹) | (0.35) | 0.15 | 0.86 | 0.20 | (0.37) | 0.33 | 0.35 | (0.13) |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Segment -TOURS & TRAVELS | 21 | 56.9 |
| Segment- PETROL PUMP | 16 | 43.1 |
| Total, before eliminations | 36 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ABC INDIA LTD. | 31 | 13.1 | 0.54 | — | 4.0 | 3.5 | — | 1.5 |
| INTER STATE OIL CARRIER LTD. | 22 | 11.7 | 1.06 | — | 9.1 | 7.9 | — | 11.2 |
| BALURGHAT TECHNOLOGIES LTD. | 21 | 12.9 | 1.16 | — | 3.1 | 3.5 | — | 3.6 |
| FRONTLINE CORPORATION LTD. | 17 | 8.6 | 1.05 | 11.1 | 6.8 | 6.3 | — | 5.6 |
| COASTAL ROADWAYS LTD. | 8 | 4.9 | 0.33 | — | 6.2 | 7.6 | — | 14.4 |
| MAHASAGAR TRAVELS LTD. ◆ | 3 | 22.6 | 6.52 | — | 81.2 | 3.6 | — | 4.2 |
| Desi Farms India Limited | — | — | — | — | — | (124.2) | — | — |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 22.6 | 15.2 | 48 of 66 | 28% |
| P/B | 6.5 | 1.4 | 50 of 58 | 14% |
| ROCE | 3.6 | 7.0 | 48 of 76 | 37% |
| ROE | 81.2 | 7.3 | 1 of 58 | 100% |
| Debt / Equity | 14.9 | 0.3 | 57 of 58 | 2% |
| EBITDA margin | 4.2 | 11.3 | 54 of 65 | 17% |
| Revenue growth | 7.2 | 12.8 | 40 of 62 | 36% |
| Profit growth | (164.2) | 24.3 | 55 of 56 | 2% |
| Market cap | 3 | 145 | 77 of 78 | 1% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · MAHASAGAR TRAVELS LTD. · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · RTA compliance certificate submitted for September 2026 quarter | compliance | minimal | — | — |
| 22 Sept 2026 · Trading window closure from Oct 1, 2026 until Q2 results are declared | compliance | minimal | — | — |
| 22 Sept 2026 · Resubmitted voting results and scrutinizer report for 33rd AGM, no change | board shareholder meetings | low | — | — |
| 21 Sept 2026 · 33rd AGM voting results: both resolutions approved with requisite majority | board shareholder meetings | low | — | — |
| 19 Sept 2026 · 33rd AGM held on Sept 19, 2026; proceedings filed | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Notice of 33rd AGM published in newspapers | compliance | minimal | — | — |
| 25 Aug 2026 · Annual Report FY25-26 web link sent to non-registered shareholders | compliance | minimal | — | — |
| 25 Aug 2026 · 33rd Annual Report for FY 2025-26 and AGM Notice filed with BSE | board shareholder meetings | medium | — | — |
| 25 Aug 2026 · Notice of 33rd AGM on September 19, 2026 | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Q1 FY27 results: revenue up 9% YoY but pre-tax loss of Rs 10 lakh | results | high | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in