Mahasagar Travels Ltd (MHSGRMS) — shareholding pattern, promoter holding, financials and share price
About Mahasagar Travels Ltd (MHSGRMS)
Mahasagar Travels Ltd operates in the Road Transport industry, within the Services sector. It trades on the NSE as MHSGRMS and on the BSE under scrip code 526795. Its ISIN is INE007G01014.
Incorporated in 1993, Mahasagar Travels Ltd provides passenger transport services and operates a petrol pump. [1]
Mahasagar Travels Limited, based in Junagadh, Gujarat, is a leading travel service provider with an extensive franchise network and offers daily bus services connecting major cities in Gujarat.
The company focuses on enhancing service quality and passenger comfort through a phased fleet upgrade to luxurious, air-conditioned buses promoting environmental sustainability.
Listed peers in Road Transport: Shree OSFM E-Mobility Ltd, ABC India Ltd, Balurghat Technologies Ltd, Inter State Oil Carrier Ltd, Frontline Corporation Ltd, Coastal Roadways Ltd.
Valuation & Returns
10 Jul 2026At ₹4.85 a share on 10 Jul 2026, Mahasagar Travels Ltd (MHSGRMS) was valued at a price-to-earnings ratio of 15.89x against an industry P/E of 23.33x and a price-to-book of 7.78x on a book value of ₹-0.06 per share as of Mar 2025. Solomo computes return on equity of 47.68% and return on capital employed of 23.21% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 15.89x
- Industry P/E
- 23.33x
- P/B
- 7.78x
- EPS (TTM)
- ₹0.31
- Book value / share
- ₹-0.06
- ROE
- 47.68%
- ROCE
- 23.21%
- ROA
- 1.9%
- Debt / equity
- 14.91x
- Dividend yield
- 0%
- EBITDA margin
- 5.3%
- 52-week range
- ₹4.44 – ₹7.94
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Mahasagar Travels Ltd (MHSGRMS) reported revenue of ₹35.85 crore, net profit of ₹0.23 crore and earnings per share of ₹0.29. That compares with revenue of ₹36.2 crore and net profit of ₹0.18 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹9.37 crore and net profit ₹0.11 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 44.93 | 55.05 | 43.84 | 36.2 | 35.85 |
| Net profit (₹ cr) | -1.72 | 0.19 | 0.34 | 0.18 | 0.23 |
| EPS (₹) | -2.19 | 0.24 | 0.43 | 0.23 | 0.29 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -3.18% | -11.42% | -6.95% | -17.43% |
| Profit growth | -19.88% | - | - | -47.06% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 33.62% of Mahasagar Travels Ltd (MHSGRMS) (up 1.31 pp QoQ) and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹4 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: HITESH RAMJI JAVERI 6.32%, JIGNESHKUMAR JETHALAL MAKHECHA 2.2%, MADHUSUDAN RAO POLINENI 1.07%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 33.62% | - | - | 0% | 66.38% |
| Mar 2026 | 32.31% | - | - | 0% | 67.69% |
| Dec 2025 | 31.29% | - | - | 0% | 68.71% |
| Sep 2025 | 31.29% | - | - | 0% | 68.71% |
| Jun 2025 | 31.29% | - | - | 0% | 68.71% |
| Mar 2025 | 31.29% | - | - | 0% | 68.71% |
| Dec 2024 | 31.29% | - | - | 0% | 68.71% |
| Sep 2024 | 31.29% | - | - | 0% | 68.71% |