E Factor Experiences reports FY26 results, posts concall transcript
E Factor Experiences Limited reported a 11.5% year-on-year increase in consolidated revenue to ₹191.44 crore for FY26, while net profit moderated to ₹19.68 crore. The board recommended a final dividend of ₹1.20 per share. Management highlighted a strategic shift towards experiential infrastructure and cited a qualified pipeline of INR550 crores for FY27, targeting conservative execution of 60% due to global uncertainties. The company also released the transcript of its earnings conference call held on June 01, 2026.

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E Factor Experiences Limited reported a financial performance for the year ended March 31, 2026, characterized by revenue growth across its consolidated operations. The company's board of directors has recommended a final dividend of 12%, or ₹1.20 per equity share, subject to shareholder approval. In compliance with Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the audio recording of the investor conference call held on June 01, 2026, is now available on the company's website. Additionally, the full transcript of the earnings conference call has been filed and made available on June 03, 2026.
Consolidated Financial Performance
For FY26, E Factor Experiences reported a consolidated net profit of ₹19.68 crore, a decrease from ₹20.18 crore in the previous year. Revenue from operations increased to ₹191.44 crore from ₹171.55 crore in FY25. Total consolidated expenses for the year amounted to ₹166.13 crore. The company operates in a single business segment, focusing on creating permanent and immersive experiences across spiritual, cultural, and tourism infrastructure.
| Metric | FY26 (₹ in Cr) | FY25 (₹ in Cr) |
|---|---|---|
| Revenue from operations | 191.44 | 171.55 |
| Net Profit | 19.68 | 20.18 |
| EBITDA | 26.69 | 22.17 |
| EBITDA Margin (%) | 13.94% | 12.92% |
| Basic EPS (₹) | 15.03 | 15.56 |
Operational Highlights and Outlook
The company highlighted its operational footprint, having delivered over 1,037 events across 25 countries and five continents. Management noted strong market tailwinds in the religious tourism sector, citing that India's religious tourism market is projected to reach nearly USD 441 billion by FY32. The investor presentation emphasized the transition from event execution to creating permanent landmarks of national pride, with significant government investments in infrastructure through initiatives like the PRASHAD Scheme.
Management Commentary and Future Guidance
During the earnings conference call, management stated that the company is transforming from an execution-led experiential events company into a creator of experiential infrastructure and cultural destinations. The financial year was described as a year of strategic investment, with the company expanding its in-house team to over 75 professionals. The wholly owned subsidiary, SkyWaltz Balloon Safari, reported a revenue of approximately INR11.2 crores and a PAT of INR1.3 crores.
Management addressed the revenue shortfall against earlier guidance of INR225 crores to INR240 crores, attributing it to the postponement of two large projects in West Asia due to geopolitical crises. For FY27, the company has a qualified business opportunity pipeline of INR500 crores to INR550 crores. However, adopting a conservative approach, the company aims to achieve at least 60% of this pipeline, targeting a revenue of INR300 crores to INR325 crores. The confirmed order book stands at approximately INR80 crores to INR82 crores.
Regarding margins, management indicated that while current consolidated EBITDA is around 15%, it is expected to stabilize at 14% to 14.5% in the long term as the company scales up. The company is also focusing on increasing its private sector revenue contribution to 25% in the current financial year and aims to generate over INR100 crores from the wedding segment in the next three years.
Analyst Meeting Details
The analysts and investors conference call was held on June 01, 2026. The discussion covered the financial results for the half year and full year ended March 31, 2026, as well as the company's strategic positioning in the growing experience economy. The audio recording and transcript of the proceedings have been filed by Rahul Chauhan, Company Secretary & Compliance Officer.
Historical Stock Returns for E-Factor Experiences
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.81% | +1.10% | -10.73% | -43.80% | -11.16% | +51.55% |
What specific measures is the company taking to mitigate geopolitical risks given the recent project postponements in West Asia?
How will the strategic pivot towards permanent experiential infrastructure impact capital expenditure requirements over the next two years?
What are the key execution risks associated with targeting 60% conversion of the INR 500-550 crore pipeline in FY27?

























