Key Financial Figures (Consolidated, Rs Mn)

Q1 FY27 Income Statement Highlights:

  • Total Income: ₹2,151.20 Mn, up 16.92% YoY from ₹1,839.94 Mn in Q1 FY26.
  • Total Cost of Service: ₹1,587.29 Mn, up from ₹1,315.58 Mn YoY.
  • EBITDA (Excl. Other Income): ₹70.32 Mn, down from ₹81.54 Mn YoY.
  • EBITDA Margin: 10.34%, down 173 bps from 12.07% in Q1 FY26.
  • Profit Before Tax (PBT): ₹191.64 Mn, up 2.65% from ₹186.68 Mn YoY.
  • Tax Expense: ₹46.14 Mn, down from ₹53.81 Mn YoY.
  • Profit After Tax (PAT): ₹145.50 Mn, up 9.50% from ₹132.87 Mn YoY.
  • PAT Margin: 6.76%, down 46 bps from 7.22% in Q1 FY26.
  • Earnings Per Share (EPS): ₹2.42.

Consolidated Balance Sheet as of March 31, 2026 (FY26):

  • Total Assets: ₹4,134.93 Mn, up from ₹3,414.02 Mn as of March 31, 2025.
  • Property, Plant and Equipment: ₹533.65 Mn.
  • Right of Use Assets: ₹68.46 Mn.
  • Investments (Current): ₹1,060.79 Mn.
  • Trade Receivables: ₹1,070.21 Mn.
  • Cash and Cash Equivalents: ₹241.88 Mn.
  • Total Equity: ₹2,649.36 Mn (including Equity Share Capital of ₹120.00 Mn).
  • Total Liabilities: ₹1,484.20 Mn.

Operational and Business Metrics

  • Trip Volumes: Increased 27% year-on-year.
  • New Clients Added: 61 in Q1 FY27.
  • Active Client Base: Approximately 1,400.
  • Geographic Presence: Operations in 151 cities in India and 30+ countries worldwide.
  • Revenue Mix: Primarily corporate mobility services.

Management Commentary

Rajesh Loomba, Chairman and Managing Director, provided commentary on the results:

"Q1 FY27 saw healthy operating momentum, with revenue from operations growing 16.7% year-on-year and trip volumes increasing 27%. We added 61 new clients during the quarter, taking our active client base to approximately 1,400, while expanding our pan-India presence to 151 cities. While margins during the quarter reflected changes in business mix and the operating cost environment, 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. During the quarter, we continued to strengthen our platform, with the launch of our new technology for CCR and further progress in our SIXT partnership. These initiatives expand the ways in which we can serve customers while remaining focused on our core. As we look ahead, our priorities remain adding high-quality enterprise relationships, deepening engagement with existing customers and selectively expanding into new markets. We believe the scale and capabilities we have built position ECO Mobility well to capture the long-term opportunity in organized corporate mobility."

Strategic Initiatives and Business Drivers

  • Technology Platform: Strengthened with the launch of new technology for CCR (Corporate Car Rental) and progress in the SIXT partnership.
  • Service Quality: Highlighted by professionally trained and verified chauffeurs, comprehensive quality control, and safety measures including panic buttons and GPS tracking.
  • Market Position: Described as the largest and most profitable chauffeur-driven mobility provider to corporates in India.

Industry Context

The presentation includes an industry overview citing a Frost & Sullivan (F&S) Report:

  • Total CCR Market: Expected CAGR of 9.3%.
  • Organized CCR Market: Expected CAGR of 12.7%.
  • Key Growth Drivers: Corporate need for reliability, accountability, safety; operational efficiency; increased airport connectivity; expansion in Tier-II & III cities; improved road networks; business travel recovery; growth of Global Capability Centers (GCCs) in India; and formalization of the sector.

Additional Information

  • The complete presentation is available on the company's website at www.ecosmobility.com.
  • The company's Corporate Identification Number (CIN) is L74999DL1996PLCO76375.
  • Key management personnel listed include Rajesh Loomba (Chairman and MD), Aditya Loomba (Joint MD), Deepali Dev (COO), Sanjay Kumar Sharma (CBO-ETS), Rajnish Sharma (Sr VP-Sales), Hem Kumar Upadhyay (CFO), Rini Ajeet (Head-HR), and Shweta Bhardwaj (Company Secretary & Compliance Officer).