Ecos (India) Mobility & Hospitality Limited has informed the Exchange about Transcript
ECOSMOBLTY · price
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Ecos Mobility reported its best-ever quarter in terms of revenue and gross margins versus Q4 FY25. Revenue grew 21.65% YoY to Rs. 181.1 crore, beating the company's own 15-18% guidance, driven by ~20% growth in trip volumes and addition of 53 new clients (active base now 1,189). EBITDA rose 5.59% to Rs. 21.85 crore but margin dipped to 12.07% from 13.9% YoY due to new quarterly provisioning practices (0.7% impact) and a doubtful debt provision from a government client (1.1% impact); excluding these, margin stood at ~14%, within the guided 13-15% band. PAT was largely flat YoY at Rs. 13.3 crore. The company holds Rs. 123 crore in cash, has ~45 days receivables, and added 113 vehicles to its own fleet (now 946 own vehicles of 15,000+ total). 59% of Q1 revenue came from clients over 5 years.
Positive on growth momentum as the company beat its own revenue guidance and continues winning large enterprise clients (including replacing 12 vendors for a Fortune 500 client). Near-term margin pressure from new provisioning practices is likely transient; the CMD reaffirmed confidence in maintaining ~14% operating EBITDA margins and achieving the higher end of 15-18% revenue growth guidance for FY26.