Company Overview
Exhicon Events Media Solutions Limited reported strong financial performance for FY 2025-26 with consolidated revenue growth of 40.25% to ₹205.46 crore and profit after tax increasing 49.54% to ₹45.24 crore. The company achieved revenue from operations of ₹202.70 crore, representing 41.24% YoY growth, while profit before tax reached ₹50.50 crore (41.31% growth).
Strategic Expansion
Venue-as-a-Service Platform
The company significantly expanded its Venue-as-a-Service platform, operationalizing Messe Global Convention Centre (10 acres, Pune), launching Messe Global Arena (2.5 acres, Kharadi), and managing multiple golf courses. It won the BOT-PPP project for Mohali Convention & Exhibition Centre with ₹75 crore Phase 1 investment and completed Phase 1 expansion at India Expo Mart, Greater Noida.
Aviation Logistics Growth
Through subsidiary United Helicharters Private Limited, the company received DGCA approval for a 5-year Air Operator Permit (until February 2031) and secured exclusive government mandate for Helicopter Shuttle Service on the Mandakini Valley to Shri Kedarnath Ji pilgrimage route, expanding its fleet with Airbus H130 helicopter.
Operational Scale
Exhicon executed 38+ major exhibitions, facilitated commerce for 9,000+ exhibitors and 1.5 million+ B2B visitors, served 16,000+ convention delegates, and expanded infrastructure to 1,200 modular exhibition stalls. International expansion included UAE projects, partnerships with 10Times.com, and "Best of India" exhibitions across multiple countries.
AGM Details and Corporate Governance
The 16th Annual General Meeting is scheduled for September 24, 2026, at the company's registered office in Pune. Key agenda items include adoption of FY26 financial statements, reappointment of Ms. Padma Mishra as Whole Time Director, and appointment of M/s. Bilimoria Mehta & Co. as statutory auditors for a 5-year term with proposed annual fee of ₹3,50,000. Remote e-voting will be available from September 21-23, 2026.
Financial Position and Ratios
The company showed strong balance sheet growth with consolidated net worth reaching ₹212.25 crore (72.52% growth) and cash balance of ₹28.57 crore (144.39% growth). Key ratios include current ratio of 3.73, debt equity ratio of 0.26, return on equity of 3.06%, and return on capital employed of 3.91%. Trade receivables increased significantly to ₹873.07 lakhs from ₹345.67 lakhs.
Capital Structure and Subsidiaries
During FY26, the company completed preferential allotment of 18,04,000 share warrants converted to equity shares totaling ₹4,255.95 lakh, increasing paid-up capital to ₹14.77 crore. Subsidiaries performed well with UHPL generating ₹18.05 crore revenue and ₹4.29 crore PAT, while other subsidiaries contributed positively to overall performance.
Contingent Liabilities and Compliance
The company faces income tax demands of ₹36.83 lakh (FY 2022-23) and ₹195.44 lakh (FY 2024-25) under dispute, along with GST demand of ₹80.09 lakh under appeal. The filing complies with SEBI Regulations 30 and 34, with no material orders affecting going concern status. Shareholding pattern shows promoters holding 49.32% and public 50.68% as of March 31, 2026.