Ecos (India) Mobility & Hospitality Limited — Investor Meet, 22-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

ECOS Mobility delivered Q4 revenues of Rs. 177.2 Cr, up ~19% YoY, and Rs. 654 Cr for FY25, driven by new clients and higher wallet share. EBITDA margin stayed around 15%, supported by growth in the higher-margin chauffeured car rental (CCR) segment, now 45% of revenue. The fleet includes ~14,000 cars with cautious EV expansion and Rs. 9 Cr revenue from overseas markets. Management targets 15–18% revenue growth and 13–15% EBITDA margin, focusing on tech upgrades and balanced CCR and employee transport services. The business is self-funded with Rs. 116 Cr cash and plans Rs. 35–50 Cr capex. Client retention is strong; top 25 clients contribute 48% of revenue. Confident outlook with emphasis on organic growth and select acquisitions.