Ecos (India) Mobility & Hospitality Limited — Investor Meet, 17-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Ecos Mobility reported Q3 FY26 revenue of 206.07 Cr, up 22.48% YoY, and 9M FY26 revenue of 601.40 Cr, up 26.15% YoY, driven by strong CCR (up 30%) and ETS (up 24%) segment growth. Q3 EBITDA stood at 23.36 Cr (margin 11.33%) and 9M EBITDA at 69.78 Cr (margin 11.60%). Profit after tax for Q3 was 13.94 Cr, and 9M was 41.84 Cr.

Management noted moderated margins due to investments in technology, people, and onboarding new large clients, which incur higher initial costs. The company is focused on gaining market share, expanding its client base (1,734 active clients, up 34% YoY), and enhancing digital platforms. They anticipate an inflection point at 1,000-1,200 Cr revenue, where operating leverage and scale efficiencies will improve margins back to a 13-15% EBITDA range (8.5-10% PAT). The company maintains an asset-light model and holds over 120 Cr in cash. Management remains confident in sustainable long-term growth.