Ecos Mobility confirms no encumbrance on promoter shares in FY26

Ecos (India) Mobility & Hospitality Ltd has confirmed that the equity shares held by its promoters, promoter group, and persons acting in concert (PAC) were not encumbered during the financial year ended March 31, 2026. This disclosure ensures that the core shareholder group has not pledged shares as collateral, directly or indirectly, which is a key compliance requirement under market regulations.

The declaration was submitted by Rajesh Loomba, a promoter of the company, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing provides a detailed breakdown of the shareholding held by various promoter entities and individuals.

Shareholding Details

The following table outlines the shareholding of the promoter group as disclosed in the filing:

Sl. No.	Name of promoter/Promotor Group/ PAC	Shareholding	Category
1	Rajesh Loomba	19370340	Promoter
2	Aditya Loomba	15305342	Promoter
3	Aditya Loomba Family Trust	3000000	Promoter
4	Rajesh Loomba Family Trust	3000000	Promoter
5	Nidhi Seth	1	Promoter
6	Noorie Loomba	1	Promoter Group
7	Paramjit Singh Arora	1	Promoter Group
8	Preeti Loomba	1	Promoter Group

The document was addressed to the General Manager of BSE Limited and the Vice President of the National Stock Exchange of India Limited, with copies marked to the Audit Committee and the Company Secretary & Compliance Officer of ecos mobility & hospitality .

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.16%	-6.39%	+2.55%	-31.83%	-56.47%	-70.81%

ECOS (India) Mobility & Hospitality Limited reported its audited financial results for the quarter and fiscal year ended March 31, 2026, demonstrating a 23.58% increase in annual revenue alongside a contraction in quarterly profitability metrics. The Board of Directors approved the standalone and consolidated financial results at a meeting held on May 28, 2026. The statutory auditors, M/s SS Kothari Mehta & Co. LLP, issued an unmodified opinion on the results. Following the announcement, the company conducted an earnings conference call on May 29, 2026, to discuss the financial and operational performance with investors. The publication of these results was made pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated Annual Financial Performance

For the fiscal year ended March 31, 2026, the company reported a total income of ₹8,194.49 million, up from ₹6,638.97 million in the previous year. Revenue from operations for FY26 stood at ₹8,081.58 million compared to ₹6,539.64 million in FY25. EBITDA for the year rose to ₹939.29 million from ₹923.88 million in FY25. The net profit for the year was ₹575.77 million, a decrease from ₹600.97 million in the prior year. Basic earnings per share (EPS) for FY26 were ₹9.60, compared to ₹10.02 in FY25.

Metric	FY26 (₹ in million)	FY25 (₹ in million)
Total Income	8,194.49	6,638.97
Revenue from Operations	8,081.58	6,539.64
EBITDA	939.29	923.88
Net Profit	575.77	600.97
Basic EPS (₹)	9.60	10.02

Q4 Performance: Revenue Growth, Margin Pressure

In the quarter ended March 31, 2026, ECOS Mobility posted consolidated revenue from operations of ₹2,067.60 million, up from ₹1,772.41 million in the same quarter of the previous year, reflecting continued top-line momentum. However, profitability metrics came under pressure during the quarter. EBITDA for Q4 declined to ₹241.53 million from ₹264.67 million year-on-year, while the EBITDA margin contracted to 11.68% from 14.93% in the corresponding period. Consolidated net profit for the quarter stood at ₹157.37 million, compared to ₹180.68 million in Q4 of the prior year.

Metric	Q4 FY26	Q4 FY25
Revenue from Operations	₹2,067.60M	₹1,772.41M
EBITDA	₹241.53M	₹264.67M
EBITDA Margin	11.68%	14.93%
Net Profit	₹157.37M	₹180.68M

Operational Highlights

During FY26, the company completed approximately 5.23 million trips, representing a growth of nearly 29% year-on-year, and onboarded 223 new clients, taking its active client base to over 1,750 clients. The fleet capacity was expanded to over 20,000 vehicles to support growing enterprise demand across 130+ cities in India. The company also implemented a new core backend system aimed at improving operational efficiencies.

Strategic Developments

ECOS strengthened its international mobility capabilities through a strategic partnership with SIXT SE under an exclusive India GSA arrangement. This partnership provides ECOS customers access to SIXT's global car rental network spanning more than 100 countries. Additionally, the company launched its digital booking web portal to enable customers to pre-schedule rides in advance.

Management Commentary and Outlook

Management attributed the margin pressure to investments in business expansion, technology, and organizational capabilities, alongside a one-time provision for doubtful debt of approximately ₹80 million. For FY27, the company guided for revenue growth of 18% to 20% and an EBITDA margin of 11% to 13%. The Board approved the re-appointment of M/s Kapoor Tandon & Co. as the Internal Auditor for FY27.

Standalone Performance

On a standalone basis, the company reported a total income of ₹7,923.99 million for FY26, with revenue from operations at ₹7,810.42 million. Net profit for the year was ₹572.05 million. For the quarter ended March 31, 2026, standalone revenue from operations was ₹1,989.86 million, and net profit was ₹159.81 million.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE06HJ01020/b404a242fff04df8.pdf