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.

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.

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

Ecos (India) Mobility & Hospitality Limited has announced the rescheduling of its board meeting. The meeting, originally scheduled for May 25, 2026, will now take place on May 28, 2026. The decision to postpone the meeting was taken due to unavoidable circumstances.

The primary agenda for the board meeting is to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026. The board will review both standalone and consolidated financial statements prepared under Indian Accounting Standards (Ind AS).

Agenda for the Meeting

The board is scheduled to undertake the following key actions:

• Approve the audited Standalone Financial Results for the quarter and year ended March 31, 2026.
• Approve the audited Consolidated Financial Results for the company and its subsidiaries for the quarter and year ended March 31, 2026.

Trading Window Closure

In accordance with the company's code of conduct to regulate trading by designated persons, the trading window remains closed. The closure is effective from April 01, 2026, and will continue until 48 hours after the audited financial results are approved and filed with the stock exchanges. This restriction applies to all directors, officers, designated persons, and their immediate relatives.

The intimation regarding the rescheduling was sent to the stock exchanges on May 19, 2026. The company has ensured that all regulatory requirements are met in this regard.