Financial Performance Summary

Quarterly Comparison (₹ in Mn)

| Particulars | Q1 FY27 | Q1 FY26 | YoY% | Q4 FY26 | QoQ% |

| Total Revenue | 2,151.20 | 1,839.94 | 16.91% | 2,103.78 | 2.25% |

| Revenue from Operations | 2,113.72 | 1,811.19 | 16.70% | 2,067.60 | 2.23% |

| EBITDA (Excl Other Income) | 218.47 | 219.18 | (0.32%) | 241.53 | (9.54%) |

| EBITDA Margin (%) | 10.34% | 12.07% | (173) bps | 11.68% | (134) bps |

| Profit after Tax (PAT) | 145.50 | 132.87 | 9.50% | 157.37 | (7.54%) |

| PAT Margin (%) | 6.76% | 7.22% | (46) bps | 7.48% | (72) bps |

| EPS (₹) | 2.42 | 2.21 | 9.5% | 2.63 | (8.0%) |

Key Financial Highlights

  • Revenue from Operations for Q1 FY27 stood at ₹2,113.72 Mn, representing YoY growth of 16.70% and sequential (QoQ) growth of 2.23%
  • EBITDA for the quarter stood at ₹218.47 Mn
  • EBITDA Margin stood at 10.34%, compared with 12.07% in Q1 FY26 and 11.68% in Q4 FY26
  • Profit After Tax (PAT) for the quarter came in at ₹145.50 Mn, up 9.50% YoY and down by 7.54% QoQ
  • Cash and investments stood at ₹1,558 Mn as on June 30, 2026, reflecting a healthy balance sheet with low leverage

Operational Highlights

  • Completed approximately 1.48 million trips during the quarter, representing growth of ~27% YoY and ~7% QoQ
  • Revenue mix: ETS (Employee Transportation Services) contributed 59% and CCR (Chauffeured Car Rentals) contributed 41% of revenue
  • Onboarded 61 new clients during the quarter (compared with 53 in Q1 FY26)
  • Active client base reached approximately 1,400, up ~18% YoY
  • Expanded Pan-India presence to 151 cities, having added 20 new cities during the quarter
  • International network spans 100+ countries
  • Owned and vendor-operated fleet grew to approximately 19,550 vehicles as on June 30, 2026, up ~29% from around 15,150 vehicles a year ago
  • EV fleet increased to 460 vehicles from 390 vehicles at the end of Q4 FY26
  • Approximately 51% of revenue comes from customers associated with ECO Mobility for more than five years

Strategic Developments

  • Unveiled a major upgrade to the proprietary, in-house technology platform for greater scalability, speed and enhanced customer experience
  • Building strategic tie-up with SIXT, with early traction from both business and leisure travelers under exclusive India GSA arrangement
  • Strengthened leadership bandwidth in select areas as deliberate investment ahead of next growth phase

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹2.38 per equity share for FY26, subject to approval of shareholders at the upcoming Annual General Meeting.

Management Commentary

Mr. Rajesh Loomba, Chairman and Managing Director, commented: "Q1 FY27 saw healthy operating momentum... We remain focused on disciplined profitable growth and improving operating efficiency as we scale. We continue to strengthen our technology platform and deepen our capabilities to support the next phase of growth."

Company Background

ECOS (India) Mobility & Hospitality Limited (formerly Eco Rent A Car) is the largest chauffeur-driven mobility provider to corporates in India, founded in 1996. The company provides chauffeured car rentals (CCR) and employee transportation services (ETS) to corporate customers, including Fortune 500 and BSE 500 companies, individuals, travel and tourism companies, and hotels for over 29 years.