Exhicon PAT Doubles to Rs 30.26 Crore in FY 2024-25

India’s first and only 360° solution provider company for Exhibitions, Tradeshows & Event Management, Exhicon Events Media Solutions Ltd., reported a stellar set of numbers for the financial year ending March 31, 2025. The BSE-listed company, which operates in exhibitions, events and media services sector, has delivered record profitability, solid revenue growth and achieved a debt-free balance sheet.

On a consolidated basis, Exhicon Events Media Solutions Ltd achieved its revenue for FY 2024-25 jump by more than 62% to Rs 143.51 crore from Rs 88.46 crore in FY 2023-24 while its EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) shot up by 74.55% to Rs 35.12 crore from Rs 20.12 crore in the same period, with its EBITDA margin at an impressive 24.48%.

The company’s PAT (Profit After Tax) more than doubled, recording an increase of 113% in FY 2024-25 to Rs 30.26 crore, from Rs 14.23 crore in FY 2023-25.

On a standalone basis, Exhicon Events Media Solutions Ltd saw its revenue jump over 69% in FY 2024-25, to Rs 69.67 crore, from Rs 41.18 crore in FY 2023-24 while its PAT, on a standalone basis, nearly doubled to Rs 12.10 crore in FY 2024-25, from Rs 6.31 crore in FY 2023-24.

Debt-Free Status Achieved

The company also achieved an unparalleled financial milestone in FY 2024-25 as it became 100% debt-free as of 31st March 2025, further reinforcing its long-term sustainability and readiness for future expansion.

Commenting on the company’s performance, Mr Sushil Shah, CFO, Exhicon Events Media Solutions said: “This has been a breakthrough year for Exhicon with strong growth across all verticals, resulting in higher margins. Moreover, our clean and debt-free balance sheet demonstrates the resilience and scalability of our business model. We are now well-positioned for aggressive but sustainable growth.”

Future Outlook

With a robust pipeline, strong demand for integrated event solutions, and a debt-free status, Exhicon is set to accelerate its domestic and international expansion while maximizing shareholder value. The company last month also approved a strategic capital outlay of Rs 50 crore for the design, development and deployment of temporary and semi-permanent event structures. This will be used to procure and commission semi-permanent modular event venues, large-span hangars and super structures, indoor pre-fab maxima and octanorm systems, portable hospitality suites, rest rooms, box offices and registration arenas, and modular staging and rigging solutions.

Key Highlights – FY 2024–25 (Consolidated) (figures in brackets are for FY 2023-24)

• Revenue from operations : ₹143.51 crore (vs ₹88.46 crore)
• EBITDA: ₹35.12 crore (vs ₹20.12 crore), 
• EBITDA Margin: 24.48%
• Profit Before Tax (PBT): ₹35.74 crore (vs ₹18.30 crore)
• Profit After Tax (PAT): ₹30.26 crore (vs ₹14.23 crore)
• Profit After Minority Interest: ₹25.99 crore (vs ₹13.08 crore)
• Basic EPS (Weighted Avg): ₹20.04
• Diluted EPS (Weighted Avg): ₹19.43
• Return on Equity (ROE): 20%
• Return on Capital Employed (ROCE): 34.5%

Standalone Financial Performance – FY 2024–25 (figures in brackets are for FY 2023-24)
• Revenue from operations : ₹69.67 crore (vs ₹41.18 crore)
• EBITDA: ₹17.38 crore (vs ₹8.99 crore)
• Profit Before Tax: ₹16.17 crore (vs ₹8.61 crore)
• Profit After Tax: ₹12.10 crore (vs ₹6.31 crore)
• Basic EPS (Weighted Avg): ₹9.34 (vs ₹4.87)
• Diluted EPS (Weighted Avg): ₹9.04 (vs ₹4.87)