- Total Revenue: ₹ 2,151.20 mn in Q1 FY 2026‑27, +16.91% YoY and +2.25% QoQ.
- Revenue from Operations: ₹ 2,113.72 mn, mirroring the same +16.70% YoY and +2.23% QoQ growth.
- EBITDA: ₹ 218.47 mn, a modest ‑0.32% YoY decline and ‑9.54% QoQ drop, pulling the EBITDA margin down to 10.34% (‑173 bps YoY, ‑134 bps QoQ).
- Profit after Tax (PAT): ₹ 145.50 mn, up 9.50% YoY but down 7.54% QoQ, with the PAT margin slipping to 6.76% (‑46 bps YoY, ‑72 bps QoQ).
- Earnings per Share (EPS): ₹ 2.42, +9.5% YoY and ‑8.0% QoQ.
- Cash & Investments: ₹ 1,558 mn as of 30 June 2026, indicating a strong balance sheet and low leverage.
Operational Highlights
- Trip volume: ~1.48 million trips, +27% YoY and ≈7% QoQ.
- Revenue mix: 59% from Employee Transportation Services (ETS) and 41% from Chauffeur‑Driven Car Rentals (CCR).
- Client base: Added 61 new clients, reaching ≈1,400 active clients (+18% YoY).
- Geographic reach: Expanded to 151 Indian cities (20 new) and an international network covering 100+ countries.
- Fleet size: ≈19,550 vehicles, a ≈29% YoY increase from ~15,150; EV fleet grew to 460 vehicles (up from 390).
- Revenue stickiness: About 51% of revenue comes from customers with ≥5 years of relationship.
Strategic Updates
- Launched a major technology upgrade to its proprietary platform for better scalability and customer experience.
- Continued partnership with SIXT under an exclusive India GSA arrangement, gaining early traction in business and leisure travel.
- Board approved additional senior hires to support the next growth phase.
No explicit forward‑looking guidance was provided in the release.
Ecos posted strong revenue growth and a modest profit rise, but margins slipped and quarterly profit fell, leading to a modestly positive outlook. The dividend and cash strength add a small upside cushion.
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Forecast from comparable, historic events. Not investment advice.
Frism is a financial information and news discovery platform. We provide factual summaries and data correlations for educational and informational purposes only. Frism does not provide investment advice, buy/sell recommendations, or directional market outlooks. Users should consult a qualified financial advisor before making any investment decisions.
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