543895
Exhicon Events financials
- Market cap
- ₹783 Cr
- Sector
- Consumer Services
What Exhicon Events does
Exhicon Events Media Solutions plans, executes and manages large-format exhibitions, trade fairs and conventions across India, and also owns/operates dedicated venues such as the Messe Global Convention Centre and Messe Global Arena in Pune. It is scaling a 'Venue as a Service' model, developing convention centres like Mohali (under a BOT-PPP concession) and Ayodhya, and holds design/development and O&M mandates for exhibition halls at India Expo Mart, Greater Noida. Through subsidiary United Helicharters Pvt Ltd it operates helicopter shuttle and charter services, including a pilgrimage route to Kedarnath, under a DGCA Air Operator Permit. It also publishes Trade Fair Times, a trade-fair industry magazine, and executes exhibition/booth projects internationally including in the UAE and Europe.
Segments
- Venue as a Service (VAS)
- Exhibition Ecosystem
- Venue Infrastructure
- Aviation Logistics
- Religious Tourism Mobility
- International Exhibitions
- Media
- Major exhibitions executed
- 38+ (FY26)
- Exhibitors served
- 9,000+ (FY26)
- B2B visitors attracted
- 1.5 million+ (FY26)
- Delegates attending managed conventions
- 16,000+ (FY26)
- Temporary event infrastructure inventory
- 1,200+ booths
- Owned/managed venue portfolio (Pune)
- Messe Global Convention Centre (7.5 acres), Messe Global Arena (2 acres), Lodha Belomdo Golf Course (42 acres), Pinewoods Golf Course (28 acres)
Quarterly results
Q4 FY26: revenue up 143.9%, net profit up 228.6% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29 | 30 | 47 | 41 | 63 +117% | 81 +170% | 103 +119% | 100 +144% |
| EBITDA | 7 | 6 | 11 | 9 | 13 +86% | 22 +267% | 27 +145% | 28 +211% |
| Net profit | 5 | 4 | 8 | 7 | 11 +120% | 20 +400% | 22 +175% | 23 +229% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −6.7% 1Y
1Y: ₹511.05 on 10 Sept 2025 → ₹477. High ₹565.9 (10 Dec 2025), low ₹394.55 (30 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹9 Cr | ₹13 Cr | ₹14 Cr | ₹15 Cr |
| Reserves | ₹0 Cr | ₹5 Cr | ₹10 Cr | ₹70 Cr | ₹146 Cr | ₹185 Cr |
| Borrowings | ₹2 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹9 Cr | ₹19 Cr |
| Other liabilities | ₹6 Cr | ₹12 Cr | ₹9 Cr | ₹19 Cr | ₹28 Cr | ₹46 Cr |
| Total liabilities | ₹8 Cr | ₹18 Cr | ₹28 Cr | ₹103 Cr | ₹197 Cr | ₹264 Cr |
| Fixed assets | ₹2 Cr | ₹6 Cr | ₹9 Cr | ₹14 Cr | ₹61 Cr | ₹67 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹19 Cr | ₹1 Cr |
| Other assets | ₹6 Cr | ₹12 Cr | ₹19 Cr | ₹89 Cr | ₹116 Cr | ₹196 Cr |
| Total assets | ₹8 Cr | ₹18 Cr | ₹28 Cr | ₹103 Cr | ₹197 Cr | ₹264 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, the public added +9.73 pp while promoters trimmed −6.86 pp. The shareholder count shrank 4% to 2,359.
- Promoters
- 49.3%
- DIIs
- 1.5%
- Public
- 49.1%
Since Mar 2025
- Public +9.73 pp
- Promoters −6.86 pp
- DIIs −2.70 pp
How it drifted, 8 quarters
Over this window promoters fell from 86.2% to 49.3% — −36.9 pp.
Ownership split by quarter, oldest first. Mar '23: Promoters 86.2%, Public 13.8%.Apr '23: Promoters 62.3%, FIIs 2.6%, DIIs 2.0%, Public 33.1%.Sep '23: Promoters 62.3%, DIIs 3.6%, Public 34.1%.Mar '24: Promoters 57.0%, FIIs 0.1%, DIIs 4.8%, Public 38.0%.Sep '24: Promoters 57.1%, FIIs 0.1%, DIIs 4.8%, Public 37.9%.Mar '25: Promoters 56.2%, FIIs 0.1%, DIIs 4.2%, Public 39.4%.Sep '25: Promoters 55.3%, DIIs 3.5%, Public 41.1%.Mar '26: Promoters 49.3%, DIIs 1.5%, Public 49.1%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- L7 Hitech Private Limited newly disclosed 2.43% held
- Jitendra Rasiklal Sanghavi newly disclosed 2.09% held
- Imap India Capital Investment Trust - Catalyst New India Fund AIF newly disclosed 1.50% held
- Naresh Saraaf newly disclosed 1.04% held
- Joshi Anura Satyam newly disclosed 1.02% held
The same filing shows 5 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Exhicon Events above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Aarnah Capital Advisors Pvt Ltd | 15.15% | −1.85 pp |
| Padma Mishra | 14.33% | −1.74 pp |
| Paruhang Construction And Suppliers Private Limited | 14.04% | −1.71 pp |
| Quaim Mohammad Syed | 5.80% | −0.71 pp |
| L7 Hitech Private Limited | 2.43% | newly disclosed |
| Jitendra Rasiklal Sanghavi | 2.09% | newly disclosed |
| Imap India Capital Investment Trust - Catalyst New India Fund AIF | 1.50% | newly disclosed |
| Harshad Rasiklal Sheth | 1.27% | −0.85 pp |
| Naresh Saraaf | 1.04% | newly disclosed |
| Joshi Anura Satyam | 1.02% | newly disclosed |
| India Equity Fund 1 AIF | — | off the list |
| Rishi Kajaria & Sons (Huf) | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- -1.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse Exhicon Events
Guides on how to read this kind of business and the numbers that matter.