Exhicon Events Reports 40% Revenue Growth in FY26
Exhicon Events Media Solutions achieves 40% revenue growth and expands its venue portfolio to cover 25% of India's indoor exhibition capacity.
Exhicon Events Media Solutions Limited has announced a stellar financial performance for the fiscal year 2025-26, marked by a significant 40.25% surge in consolidated total revenue. During its 16th Annual General Meeting held in Pune, the company revealed its massive expansion into India's exhibition infrastructure, now controlling nearly 25% of the nation's total operational indoor exhibition capacity.
Financial Surge and Profitability
The company's financial health showed robust upward momentum across all key metrics. The consolidated total revenue climbed to ₹205.46 crore, up from ₹146.50 crore in the previous fiscal year. The company's profitability saw even sharper growth, with profit after tax increasing by 49.54% to reach ₹45.24 crore. Shareholders saw a substantial boost as profit attributable to them grew by 56.54% to ₹40.70 crore.
The scale of operations has expanded rapidly, as evidenced by the company's balance sheet:
- Total Assets: Increased by 85.34% to ₹264.26 crore.
- Consolidated Net Worth: Expanded by 72.52% to ₹212.25 crore.
- Cash and Bank Balances: Soared by 144.39% to ₹28.57 crore.
- Earnings Per Share (EPS): Rose by 37.4% year-on-year.
Dominating India's Exhibition Infrastructure
Exhicon is rapidly transforming the landscape of Indian exhibitions through its Venue-as-a-Service (VAS) model. This strategic approach combines venue design and construction with long-term Operations & Maintenance (O&M) contracts, ensuring both immediate income and steady, recurring revenue. The company's indoor venue footprint now spans approximately 1,25,000 square metres across the country.
The company's diverse portfolio and upcoming pipeline include:
- Messe Global Convention Centre, Pune: A fully operational, award-winning 7.5-acre venue.
- Messe Global Arena, Kharadi: Pune's premier purpose-built venue for concerts and live entertainment.
- India Expo Centre & Mart, Greater Noida: A massive 24,000 sqm expansion, with Phase 1 already complete.
- Mohali Convention & Exhibition Centre, Punjab: A major 21-acre Public-Private Partnership (PPP) project, currently under execution via a joint venture with India Exposition Mart Limited (IEML).
- Ayodhya Project: A 5-acre multipurpose convention venue designed to tap into the booming religious-tourism and pilgrimage-circuit MICE market.
Looking ahead to FY 2026-27, Exhicon aims to complete over 60,000 sqm of new space, with projects in Indore, Nashik, and Delhi-NCR driving this growth.
Strategic Partnerships and New Revenue Streams
Beyond physical infrastructure, Exhicon is diversifying into high-margin technology and service sectors. The company has launched Exhibition Gear, a new technology aggregator designed to streamline the rental process for vendors, exhibitors, and organizers—covering everything from furniture to AV equipment.
In a move to secure the industry, Exhicon has entered into an exclusive partnership with ICICI Lombard General Insurance. This collaboration positions Exhicon as the industry's exclusive partner for comprehensive risk cover, protecting visitors, venues, exhibitors, and organizers against various liabilities.
The company's operational scale remains massive, having facilitated over 38 major exhibitions this year, serving more than 1.5 million B2B visitors and over 9,000 exhibitors.