Exhicon Events Media Solutions Ltd. reports bumper results for FY 2024-25

Mumbai, May 14, 2025 – 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.