Ecos (India) Mobility & Hospitality Ltd (NSE:ECOSMOBLTY)
₹ 134.56 +6.4 (+4.99%) Market Cap: 8.07 Bil Enterprise Value: 6.03 Bil PE Ratio: 14.03 PB Ratio: 3.06 GF Score: 52/100

Q2 2026 ECOS (India) Mobility & Hospitality Ltd Earnings Call Transcript

Nov 11, 2025 / 12:30 PM GMT
Release Date Price: ₹193.53 (-1.76%)

Key Points

Positve
  • Ecos (India) Mobility & Hospitality Ltd (NSE:ECOSMOBLTY) achieved its best-ever revenue performance in Q2 FY26, driven by exponential growth in the Employee Transport Services (ETS) and Chauffeured Car Rentals (CCR) segments.
  • The company experienced a 33.5% increase in total volumes in Q2 FY26 compared to the previous year, reflecting strong enterprise demand and efficient scaling.
  • Ecos (India) Mobility & Hospitality Ltd added 67 new enterprise clients during the quarter, increasing its active client base by nearly 39% year-over-year.
  • The company expanded its fleet capacity to over 18,000 vehicles, including 1,002 owned units, supporting agile and asset-light scalability.
  • Technology initiatives, such as real-time tracking and API integrations, have enhanced operational efficiencies and are shaping the evolution of a fully digital platform.
Negative
  • The company recognized a provision for doubtful debts amounting to ₹79.14 million, impacting the EBITDA margin, which declined by 333 basis points compared to the previous year.
  • Profit after tax for Q2 FY26 was 7% below the prior year, affected by fleet expansion costs and the one-time doubtful debt provision.
  • The EBITDA margin decreased to 11.47% from 14.79% in the previous year, primarily due to the one-time provision for doubtful debts.
  • Despite strong revenue growth, the company maintains a conservative revenue growth forecast of 17-20%, citing potential unforeseen circumstances.
  • The company faces ongoing pricing pressure in its competitive segments, which could impact future profitability.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ECOS.NS - ECOS (India) Mobility & Hospitality Ltd
Q2 2026 ECOS (India) Mobility & Hospitality Ltd Earnings Call
Nov 11, 2025 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Ecos India Mobility and Hospitality Limited Q2 and H1F526 earnings conference call.

As a reminder, all participant lines will be in the less only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchstone phone.

Please note that this conference is being recorded.

I now hand the concerns over to Miss Priyanka Bhagat from Ad Factor's PR Investor relations team.

Thank you and over to you, ma'am.

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