E Factor Experiences confirms no share encumbrances in FY26

1 min read     Updated on 06 Jun 2026, 05:06 PM
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E Factor Experiences Limited disclosed that its promoters and promoter group did not encumber any shares during the financial year ended March 31, 2026. The group, led by Promoter and Managing Director Samit Garg, collectively holds 69.57% of the company's equity shares.

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E Factor Experiences Limited confirmed that its promoters and promoter group did not create any encumbrances on their shareholdings during the financial year ended March 31, 2026. The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter group, including Persons Acting in Concert, holds a significant majority stake in the company, ensuring stability in ownership structure.

Samit Garg, Promoter and Managing Director, submitted the annual declaration to the National Stock Exchange of India Limited and the company's Audit Committee. The filing confirmed that neither the promoters nor the promoter group pledged or encumbered shares directly or indirectly throughout FY26. This compliance provides transparency regarding the financial standing of the key shareholders.

The total shareholding of the promoter and promoter group stood at 91,34,856 equity shares, representing 69.57% of the total paid-up capital of the company. The top individual shareholder remains Samit Garg, followed by Jai Thakore and Manika Garg. The detailed breakdown of the shareholding as of March 31, 2026, is outlined below.

S. No. Name Number of Equity Shares % of total shareholding
1 Samit Garg 41,94,800 31.95%
2 Jai Thakore 35,43,200 26.98%
3 Manika Garg 13,96,800 10.64%
4 Sonali Thakore 28 0.0002%
5 Aryamaan Thakore 28 0.0002%
Total 91,34,856 69.57%

The declaration was signed and submitted by Samit Garg on April 04, 2026. Rahul Chauhan, Company Secretary & Compliance Officer of E Factor Experiences Limited, formally forwarded the disclosure to the exchanges on April 05, 2026. The filing ensures that the regulatory requirements regarding the disclosure of share encumbrances by promoters have been met for the specified financial year.

Historical Stock Returns for E-Factor Experiences

1 Day5 Days1 Month6 Months1 Year5 Years
-3.02%-1.67%-21.99%-48.83%-11.53%+46.17%

How will the absence of share encumbrances impact the company's ability to secure future financing or leverage promoter assets for growth?

What strategic initiatives or capital expenditures does E Factor Experiences plan to undertake in FY27 given the stable ownership structure?

Could the high promoter concentration (69.57%) potentially limit free float and affect liquidity on the stock exchanges?

E Factor Experiences reports FY26 results, posts concall transcript

2 min read     Updated on 04 Jun 2026, 06:04 AM
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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 Day5 Days1 Month6 Months1 Year5 Years
-3.02%-1.67%-21.99%-48.83%-11.53%+46.17%

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?

More News on E-Factor Experiences

1 Year Returns:-11.53%