NSE: ECOSMOBLTY · BSE: 544239
ECOS (INDIA) MOB & HOSP L
Provides car rental and ground transportation services to corporate clients across 100+ Indian cities and 30+ countries, operating a fleet of over 20,000 vehicles. In FY26 the company completed approximately 5.23 million trips, onboarding 223 new clients and lifting its active client base to over 1,750. Revenue for FY26 stood at ₹808.158 crore, up 23.58% year-on-year, with growth driven by a 29% increase in trip volumes. The largest cost line is materials and direct operating expenses at 72.8% of revenue, followed by employee costs at 10.6% of revenue, depreciation at 3.5% and other operating expenses at 4.7%. EBITDA margin contracted to 11.62% in FY26 (down 251 basis points year-on-year) as the company invested in fleet expansion, a new digital booking portal, and its global partnership with SIXT SE. Net profit for FY26 was ₹57.577 crore. The Board has recommended a final dividend of Rs. 2.38 per equity share for FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Car rental and ground transportation services (100%). Asset-utilising corporate car rental and ground mobility services
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 654 | 808 |
| EBITDA (ex other income) | 92 | 94 |
| margin % | 14.1 | 11.6 |
| Owners' profit | 60 | 58 |
| EPS, as reported (₹) | 10.02 | 9.60 |
| ROE % · ROCE % | 27.1 · 34.7 | 21.7 · 27.7 |
| Debt / equity (x) | 0.03 | 0.00 |
| Cash from operations | 75 | 68 |
| Capex | (32) | (35) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 160 | 168 | 177 | 181 | 214 | 206 | 207 | 211 |
| Profit before tax | 21 | 17 | 23 | 19 | 19 | 19 | 20 | 19 |
| Net profit | 16 | 13 | 18 | 13 | 15 | 14 | 16 | 15 |
| EPS (₹) | 2.62 | 2.13 | 3.01 | 2.21 | 2.43 | 2.32 | 2.63 | 2.42 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Board meeting set for November 13 to approve September 2026 results | results | low | — | — |
| 8 Oct 2026 · Compliance certificate under SEBI Reg 74(5) for Q2 FY26 | compliance | minimal | — | — |
| 23 Sept 2026 · Trading window closed from Oct 1, 2026 for Q2 and H1 FY26 results | compliance | minimal | — | — |
| 22 Sept 2026 · AGM results: Rs 2.38 dividend cleared, all four resolutions passed | board shareholder meetings | low | — | — |
| 21 Sept 2026 · 30th AGM proceedings filed for meeting held 21 Sept 2026 | board shareholder meetings | low | — | — |
| 21 Sept 2026 · 30th AGM proceedings of Ecos India Mobility held on 21 Sep 2026 | board shareholder meetings | low | — | — |
| 28 Aug 2026 · AGM notice dispatched for 30th Annual General Meeting on 21 Sept 2026 | compliance | minimal | — | — |
| 26 Aug 2026 · 30th AGM on 21 Sep 2026 via VC, dividend Rs 2.38 per share proposed | board shareholder meetings | low | — | — |
| 26 Aug 2026 · 30th AGM notice on 21 Sep 2026 with FY26 Annual Report and dividend of Rs 2.38 per share | board shareholder meetings | low | — | — |
| 26 Aug 2026 · 30th AGM on 21 Sep 2026; Rs 2.38 dividend and event management expansion | board shareholder meetings | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.