Today marks three years since Exhicon Events Media Solutions Limited, part of the EXHICON Group (established in 1997), became India’s first exhibition services company to be listed on the BSE SME Platform.
Over this period, the company has demonstrated accelerated, data-driven growth alongside a clear shift towards scale, integration, and asset-led expansion.
Growth Snapshot
Financial Performance
- Revenue increased from approximately ₹88 crore in FY24 to around ₹143 crore in FY25, marking ~62% growth
- Continued momentum with ~64% year-on-year growth in H1 FY26, surpassing ₹100 crore in half-year revenue
- Profit After Tax more than doubled to approximately ₹30 crore in FY25 (~113% growth), supported by operating leverage
- TTM revenue run-rate stands at ~₹180+ crore with ~76% growth, while PAT growth is around ~143%
- Maintained a strong, debt-free balance sheet with steadily increasing reserves
Operational Scale & Expansion
- Established a 360° integrated platform across exhibitions, events, and infrastructure
- Delivered over 100 major events and 800+ exhibitor booths globally
- Expanded footprint across 8+ international markets
- Secured large-scale contracts including ₹250 crore and ₹100 crore projects in India, along with ₹50+ crore and ₹32 crore international mandates
- Designed and operationalised large-format venues spanning 12 acres of convention/exhibition space and 72 acres of lifestyle and golf infrastructure
- Entered aviation-linked infrastructure and mobility through the acquisition of United Helicharters Pvt Ltd
Asset Creation & Infrastructure Strategy
- Strategic capex roadmap of ₹50–100 crore towards developing ~50,000 sqm of modular infrastructure assets
- Focus on large-span hangars, semi-permanent, and prefabricated structures
- Transition towards an asset-backed, recurring revenue model
- Targeting higher-margin operations with an EBITDA range of 35–40% on owned infrastructure
Strategic Milestones
- Completed industry-focused acquisitions enabling vertical integration
- Built global partnerships to strengthen international presence
- Enhanced execution capabilities across aviation, infrastructure, and exhibitions
Market Position
- Market capitalisation increased from approximately ₹75 crore to over ₹750 crore
- Emerged as a high-growth SME platform with strong fundamentals and growing investor confidence
From a services-led organisation to an asset-backed, globally expanding platform, EXHICON’s listed journey reflects both scale and structural transformation.
As the company marks this milestone, its focus remains on sustained growth, disciplined execution, and long-term value creation—signalling that the next phase of expansion is already underway.