Ecos Mobility FY26 revenue up 23.58% to ₹8,082 mn; AGM on Sep 21
- Consolidated revenue from operations rose 23.58% YoY to ₹8,081.58 million in FY26, the company's highest-ever revenue
- PAT declined 4.19% to ₹575.77 million, impacted by one-time bad debt provisions and higher employee costs
- EBITDA grew 1.67% to ₹939.29 million; EBITDA margin contracted 251 bps to 11.62%
- Final dividend of ₹2.38 per equity share proposed for FY26; record date set at August 18, 2026
- Board approved entry into event management business; special resolution to alter Memorandum of Association at 30th AGM on September 21, 2026

*this image is generated using AI for illustrative purposes only.
Ecos (India) Mobility & Hospitality Limited has scheduled its 30th Annual General Meeting for Monday, September 21, 2026, at 11:00 A.M. IST via Video Conferencing, alongside the release of its Annual Report for FY 2025-26.
FY26 Financial Performance
On a consolidated basis, revenue from operations grew 23.58% to ₹8,081.58 million in FY26 from ₹6,539.64 million in FY25, marking the company's highest-ever revenue. Total income stood at ₹8,194 million in FY26 compared to ₹6,639 million in FY25. EBITDA (excluding other income) rose 1.67% to ₹939.29 million from ₹923.88 million in FY25, while EBITDA margin declined 251 basis points to 11.62%. Profit After Tax (PAT) declined 4.19% to ₹575.77 million from ₹601 million in FY25. Profitability was impacted by a one-time provision for bad and doubtful debts, higher employee benefit expenses, a shift in customer mix toward enterprise clients with negotiated pricing, and competitive market conditions.
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue from Operations (Rs Mn) | 8,082 | 6,540 | +23.58% |
| Total Revenue (Rs Mn) | 8,194 | 6,639 | +23.43% |
| EBITDA (Excl. Other Income) (Rs Mn) | 939 | 924 | +1.67% |
| PAT (Rs Mn) | 576 | 601 | -4.19% |
| EPS – Basic & Diluted (₹) | 9.60 | 10.02 | — |
On a standalone basis, revenue from operations was ₹78,104.18 lakh in FY26 versus ₹62,642.96 lakh in FY25, a growth of 24.68%. Standalone net profit stood at ₹5,720.49 lakh, a decline of 1.03% from ₹5,780.15 lakh in FY25. Return on Capital Employed (ROCE) stood at 29.36% in FY26. The debt-equity ratio declined to 0.00 from 0.03, reflecting an effectively debt-free balance sheet.
Segment-Wise Revenue Performance
The company operates through two primary segments — Chauffeured Car Rentals (CCR) and Employee Transportation Services (ETS). The following table presents segment-wise revenue from operations for FY26 and FY25 (INR in lakh):
| Segment | FY26 Revenue | % of Total FY26 | FY25 Revenue | % of Total FY25 | YoY Change |
|---|---|---|---|---|---|
| CCR | 33,271 | 41% | 25,818 | 40% | 28.9% |
| ETS | 44,694 | 55% | 36,748 | 56% | 21.6% |
| Others | 2,851 | 4% | 2,831 | 4% | 0.7% |
| Total | 80,816 | 100% | 65,397 | 100% | — |
Operational Highlights
During FY26, the company completed approximately 5.23 million trips, representing growth of nearly 29% year-on-year. It onboarded 223 new clients, taking the active client base to over 1,750 enterprises, including 70+ Fortune 500 and 75+ BSE 500 companies. The fleet network expanded to over 20,000 vehicles, with more than 90% being vendor-owned. Operations spanned 131 cities in India and 30+ countries globally.
| Operational Parameter | FY26 | FY25 |
|---|---|---|
| Total Fleet Network | 20,000+ vehicles | 12,500+ vehicles |
| Cities of Operation | 131 cities | 109 cities |
| Total Trips Completed | 5.23 million | 4.04 million |
| Fortune 500 Clients | 70+ | 42 |
| BSE 500 Clients | 75+ | 60 |
AGM Agenda and Dividend
The 30th AGM will transact the following key business items:
- Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026
- Re-appointment of Mr. Rajesh Loomba (DIN: 00082353), Chairman & Managing Director, who retires by rotation
- Declaration of a final dividend of ₹2.38 per equity share for FY 2025-26
- Special resolution for alteration of the Object Clause of the Memorandum of Association to include event management business
The record date for dividend eligibility is August 18, 2026. If declared, the dividend will be paid on or before October 21, 2026 to shareholders whose names appear in the register as of August 18, 2026.
Business Expansion: Event Management
The Board, at its meeting held on August 11, 2026, approved a proposal to expand the company's business activities into event management. The proposed alteration to the Memorandum of Association would enable the company to organise corporate, government, private and social events, conferences, exhibitions, concerts, fashion shows, roadshows, brand launches, promotional events, weddings, festivals, award functions, entertainment shows and incentive travel, along with related support services. This resolution will be put to shareholders as a Special Resolution at the AGM.
E-Voting and AGM Participation
The remote e-voting period will commence on September 18, 2026 at 09:00 A.M. IST and end on September 20, 2026 at 05:00 P.M. IST. The cut-off date for determining voting rights is September 14, 2026. NSDL has been engaged as the e-voting agency. M/s DMK Associates, Company Secretaries, have been appointed as Scrutinizer for the e-voting process. Members wishing to speak at the AGM may pre-register between September 15, 2026 (09:00 A.M. IST) and September 17, 2026 (05:00 P.M. IST) by writing to legal@ecosmobility.com .
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE06HJ01020/3e6abd97-1375-4b70-b7f7-c2f49dd9e3f6.pdf
Historical Stock Returns for ECOS Mobility & Hospitality
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.86% | -2.77% | -15.80% | -24.33% | -61.37% | 0.0% |
How will the proposed expansion into event management impact Ecos Mobility's capital allocation strategy and near-term profitability given the current margin pressures?
What specific operational efficiencies or pricing adjustments does management plan to implement to reverse the 251 basis point decline in EBITDA margins?
How might the shift toward enterprise clients with negotiated pricing affect the company's long-term revenue stability and customer retention rates?


































