What we do Mahasagar Travels Ltd provides bus transportation services and petroleum retailing in Gujarat, focusing on quality, safety, and environmental sustainability in tourism and energy sectors. |
Founded in 1,993 |
Market share Leading regional player connecting major Gujarat cities with daily bus services and operating a petroleum retail outlet; faces competition from unorganized players. |
Problem solved Offers reliable, comfortable travel and fuel services, addressing tourist mobility and fuel supply needs while promoting pollution-free transport solutions. |
Top clients or who we serve Tourists and local commuters in Gujarat; B2C customers primarily in travel and petroleum sectors. |
Key management Bhagchand G. Sukhwani (Managing Director & CEO), Prakashbhai K. Kakkad (CFO), Chirag I. Sangatani (Company Secretary) |
Our journey and innovations Established in 1993; expanded fleet with luxury, air-conditioned, environment-friendly buses; developed petroleum retail outlet to stabilize fuel supply. |
Where we operate Operates predominantly in Gujarat, connecting cities such as Junagadh, Rajkot, Ahmedabad, Surat, Mumbai, and others. |
Top products or what we offer Luxury bus travel services across Gujarat and petroleum retail via owned outlets intended to mitigate fuel price volatility. |
Top brands Mahasagar Travels Luxury Bus Fleet; Petroleum Retail Outlet (retail service brand not specified). |
Raw materials needed Diesel and gasoline fuels for bus operations and petroleum retail sales. |
Raw materials supplier Petroleum products sourced likely from regional fuel providers; specifics not detailed. |
Recurring vs cyclical contribution Revenues are cyclical, impacted by fuel price fluctuations and tourism demand. |
Our industry position Established regional transport and petroleum retail operator; competitive presence with initiatives on pollution control and service quality. |
Financial highlights FY 2024-25 revenue approx. Rs 36.2 crores with net profit of Rs 0.18 crores; slight decline compared to previous year due to competition. |
Geographical revenue split - |
Order book - |
Whats driving growth Upgrading luxury bus fleet, expanding petroleum retail, and government promotion of tourism in Gujarat drive growth potential. |
Our future plans Plans to enhance tourism infrastructure, real estate ventures, and further invest in environment-friendly transport and petroleum services. |
Our green promise Phased replacement of buses with environment-friendly models aligning with government pollution control policies. |
Our people and values Employs 72 staff; culture emphasizes safety, quality service, and compliance with ethical standards including anti-harassment policies. |
Key challenges ahead Fuel price volatility, unorganized sector competition, and economic challenges in real estate and tourism sectors. |
Interesting facts Has been serving Gujarat’s tourism since 1993 with daily bus connections to multiple cities and has an integrated petroleum retail outlet to mitigate fuel cost risks. |
Risks and strategy Mitigates fuel price risk via retail outlet; focuses on fleet modernization, regulatory compliance, and diversifying service offerings. |