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AGM/EGM26 Sept 2026, 06:11 pm

Exhicon Events Chairman's AGM Address Highlights Transformative Year

AI Summary

Exhicon Events Media Solutions Limited's Chairman & Managing Director, Mr. Mohammad Quaim Syed, delivered his address at the 16th Annual General Meeting on September 24, 2026. He described the past fiscal year (FY 2025-26) as transformative, marked by significant growth in their development pipeline, now spanning 1,25,000 sqm of venue and exhibition infrastructure across India, representing approximately 25% of the nation's total operational indoor exhibition capacity. The company achieved record financial performance with consolidated total revenue growing 40.25% to ₹205.46 crore and profit after tax rising 49.54% to ₹45.24 crore. This growth was attributed to a shift from an asset-light model to an asset-backed one, driven by their Venue-as-a-Service (VAS) strategy, which combines venue construction with long-term operations and maintenance revenue. Key projects include the Messe Global Convention Centre in Pune and expansion at India Expo Centre & Mart in Greater Noida, alongside a significant PPP project in Mohali.

Key Highlights

  • FY25-26 revenue grew 40.25% to ₹205.46 crore, with PAT up 49.54% to ₹45.24 crore.
  • Development pipeline now covers 1,25,000 sqm, ~25% of India's indoor exhibition capacity.
  • Shift to an asset-backed model with Venue-as-a-Service (VAS) strategy.
  • Strengthened balance sheet with net worth up 72.52% to ₹212.25 crore.
  • Executed 38+ major exhibitions, serving over 1.5 million visitors.