Exhicon Records Strong H2 FY26 Performance with Major Infrastructure and Aviation Wins

Exhicon Events Media Solutions Ltd. released its Business Update for the Half Year ended March 31, 2026, detailing operational achievements and strategic developments across multiple markets. The company highlighted its continued expansion across aviation, infrastructure development, and large-scale event execution, reinforcing its role in integrated exhibition services both pan-India and in eight international markets.

H2 FY 2025-2026 Operational Overview​

For the half-year ended March 31, 2026, Exhicon emphasized robust performance, noting that the company maintained a high-growth trajectory despite market volatility. Key operational and financial strengths included:

• Operational Excellence: Delivering strong performance across aviation, infrastructure, and marquee events.
• Fiscal Discipline: Generating strong cash flows and maintaining a lean, de-leveraged balance sheet amidst tightening credit conditions.
• Growth Outlook: The outlook remains healthy, supported by a strategic pivot toward large-scale infrastructure ownership and high-margin service diversification.
• Market Milestone: The Board convened to consider the migration to the Main Board (BSE & NSE).

Major Infrastructure & Venue Expansion​

Exhicon significantly expanded its operational footprint through several high-profile wins and completed project phases.

The company successfully secured major development mandates:

• Mohali Convention & Exhibition Centre: Exhicon emerged as the winning bidder for the development of Punjab’s first purpose-built Convention & Exhibition Centre in Mohali, Punjab, operating under a PPP model with the government of Punjab. This project allocates 14 acres in Mohali IT Park, comprising Exhibition, Convention, Hospitality, and Retail. The Phase 1 investment is set at ₹ 75 crore, with a target completion date of December 2027. The development is strategically significant as it creates long-term asset ownership and recurring revenue streams.
• NCR Exhibition Infrastructure: Exhicon secured a mandate for a 24,000 sqm design and development of state-of-the-art exhibition halls at India Expo Mart. The completion of Phase 1 at IEML, covering Hall No. 16, 16A, and Hall 17, added 12,000 sqm of exhibition space, supporting large-format exhibitions and corporate events under one roof.
• Pune Venues: The company enhanced its capabilities in Pune by completing 7.5 acres of premium venue operations at the Messe Global Convention Centre, which combines versatile indoor spaces and hospitality infrastructure. Additionally, it operates Messe Global Arena Pune (2 Acres flexible event footprint) and manages Pinewoods Golf Course Pune (42 Acres), which is suitable for corporate offsites and outdoor gatherings.

Aviation Logistics and Tenders​

The company made a major entry into the aviation logistics sector through United Helicharters Private Limited (UHPL).

• Helicopter Tender Win: UHPL emerged as the winning bidder against nine established competitors for the helicopter shuttle contract on the Mandakini Valley to Shri Kedarnath Ji route.
• Regulatory Status: The Directorate General of Civil Aviation (DGCA) granted an Air Operator Permit (AOP) to UHPL on February 20, 2026, valid until February 19, 2031, authorizing commercial non-scheduled air operations.

Operational Achievements and Partnerships​

The operational quarter saw the management of over 38 major exhibitions, corporate live events, and social events both domestically and internationally. These activities attracted more than 9,000 domestic exhibiting companies, 16,000 delegates, 300 international exhibitors, and 150,000 B2B visitors.

Exhicon also cemented strategic partnerships:

• International: In 2025, the company was named the exclusive execution partner for 10Times.com across the Middle East, strengthening its global reach.
• Domestic: An MoU was signed in 2025 with the Nashik Industries & Manufacturers Association (NIMA) for the Nashik International Exhibition & Convention Centre (NIECC).

Capacity and Asset Base​

The company's ability to scale operations is supported by a growing internal asset base. Total inventory includes 1,200 exhibition stalls and approximately 12,000 sqm of hall space, along with additional existing structures totaling 25,000 sqm. This expanding asset base is positioned to improve execution control and drive margin improvement at scale.

Awards and Recognition​

The company received multiple industry accolades for its execution excellence:

• IC BAM Awards 2026: Recognized in five categories, including Excellence in Lifestyle & Destination Branding (Pinewoods Golf Club) and Brand Excellence in Aviation & Charter Service (United Helicharters Private Limited).
• Big Impact Awards 2026: Winner for Innovation in Exhibition Structures.
• Messe Global Pune: Honored with a Gold Award for Top MICE Venue (Wedding Reception).

Stock Price Movement​

As of 12:03, Exhicon Events Media Solutions Ltd is edging higher, currently trading at ₹518.85, reflecting an 1.19% gain today. The shares have moved throughout the session, marking a range between a low of ₹500.00 and a high of ₹537.30.

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