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    Exhicon Events

    India MICE operator that owns/manages exhibition and convention venues, executes trade fairs and events, and is diversifying into helicopter-charter aviation logistics and religious-tourism mobility.

    Consumer Services
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹799 Cr

    Sector

    Consumer Services

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital00913131415
    Reserves05107099146185
    Borrowings21110919
    Other Liabilities612919312846
    Total Liabilities81828103143197264
    AssetsFixed Assets26914256167
    CWIP0000000
    Investments00006191
    Other Assets6121989111116196
    Total Assets81828103143197264

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating14-3-291727
    Cash from Investing0-2252-53-36
    Cash from Financing-100-12526
    SummaryCapital Expenditure
    Free Cash Flow12-3-353-20
    FCF Margin

    Valuation

    Assumptions

    Current — 543895
    Price
    ₹448
    EPS (TTM)
    ₹48.43
    PE (TTM)
    9.3
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (8.1×) and current (9.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹448
    vs
    Fair value · 15% return
    ₹269
    40%Overvalued

    At 10% growth and a 8× exit, ₹448 only delivers your return if you pay ₹269. The price is currently baking in 21% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 8×.

    YearGrowthEPS (₹)
    FY2710.0%53.27
    FY2810.0%58.60
    FY2910.0%64.46
    FY3010.0%70.91
    FY3110.0%78.00
    FY328.0% ·fade84.24
    FY336.0% ·fade89.29

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Exhicon Events

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