India’s Listed Event, Exhibition & Experiential Companies Report Strong FY25-26 Performance – A TradeFairTimes Special

India’s listed event, exhibition, experiential marketing and destination management companies delivered another year of growth in FY25-26, reflecting the continued expansion of the country’s MICE, exhibitions, weddings, tourism and live experiences sectors.

A comparative review of key industry players including Exhicon Events Media Solutions Ltd., Praveg Limited, E-Factor Experiences Limited, Mach Conferences & Events Limited, Party Cruisers Limited and Touchwood Entertainment Limited reveals a sector that is rapidly evolving from pure event execution to integrated infrastructure, experiential destinations and long-term venue development.

EXHICON Emerges as One of the Sector’s Strongest Performers

EXHICON reported total consolidated revenue of ₹205 crore and Profit After Tax (PAT) of ₹45.24 crore, making it one of the most profitable listed companies in India’s event and exhibition sector. The company recorded 41.24% growth in revenue, while PAT increased by 49.54%. Profit attributable to shareholders grew by 56.54%, reflecting strong operational efficiency and disciplined execution across business verticals.

EXHICON also strengthened its balance sheet significantly, ending the year with a net worth exceeding ₹212 crore and total assets of approximately ₹264 crore. EXHICON today operates across exhibitions, event management, venue infrastructure, aviation logistics, religious tourism, destination management and international trade fair participation, creating a diversified revenue model.

Praveg Continues as Revenue Leader

Praveg remained among the largest companies in the sector by revenue, crossing approximately ₹226 crore in annual turnover. The company continues to benefit from its hospitality-led experiential model, including luxury tent cities, tourism infrastructure and destination experiences.

Its growth demonstrates the increasing convergence between tourism, hospitality and experiential events in India.

E-Factor Strengthens Experiential Infrastructure Position

E-Factor Experiences reported consolidated revenue of ₹191.44 crore, registering 11.6% growth over the previous year, while PAT stood at ₹19.67 crore. The company also reported net worth growth of more than 24%, reaching ₹90.32 crore. Its performance was supported by government projects, experiential infrastructure, tourism initiatives and immersive cultural experiences.E-Factor continues to distinguish itself through investments in intellectual property-led experiences, immersive destinations and cultural infrastructure projects, while maintaining one of the strongest project pipelines in the experiential sector.

Mach Conferences Maintains Strong Corporate Events Presence

Mach Conferences & Events continued to benefit from increasing corporate event spending, government projects and conference management mandates. With revenues exceeding ₹200 crore, the company remains one of India’s largest listed event management businesses and a significant player in the corporate events and conferences segment.

Party Cruisers Rides India’s Wedding Boom

Party Cruisers maintained strong momentum driven by India’s rapidly growing luxury wedding market. With annual revenue estimated at around ₹120 crore and growth of nearly 57%, the company remains one of the country’s leading wedding and social event specialists.

The continued expansion of destination weddings and premium celebrations has provided significant tailwinds for the business.

Touchwood Focuses on Scale Amid Margin Pressures

Touchwood Entertainment continued to expand its event portfolio, reporting revenue of approximately ₹72 crore. While revenue growth remained positive, profitability faced pressure from increasing operating costs and a highly competitive market environment.

The company nevertheless remains a recognised player in luxury weddings, social celebrations and corporate events.

Infrastructure Development: The New Differentiator

Perhaps the most significant trend emerging from FY25-26 is the growing importance of infrastructure ownership and venue development. EXHICON has moved aggressively into exhibition and convention infrastructure development.

The company has already developed and operationalised two multipurpose venues in Pune and is currently advancing multiple projects, including:

• Mohali Exhibition & Convention Centre, Punjab
• MMLP Exhibition Centre, Indore
• PPP project in Nashik
• Owned asset in Ayodhya and the recently announced ₹250 crore Mohali Exhibition & Convention Centre, under a Public-Private Partnership model with the Government of Punjab in a partnership with India Exposition Mart Limited .

The venue is also expected to host the proposed Invest Punjab Summit 2027.

TradeFairTimes Analysis

FY25-26 confirms that India’s event, exhibition and experiential industry is entering a new growth phase.

While Praveg continues to lead in overall revenue scale and E-Factor remains a major force in experiential infrastructure, EXHICON has emerged as one of the sector’s fastest-growing and most profitable companies, distinguished by a PAT of ₹45.24 crore on revenue of ₹205 crore and an expanding portfolio of exhibition infrastructure assets.

As India’s MICE industry continues to mature, the next generation of market leaders is likely to be defined not only by event execution capabilities but also by ownership, operation and development of long-term infrastructure assets that create recurring revenue streams and sustainable enterprise value.