Smallcap Multibagger Share Price Rallies 16.5% in Two Days; Company Announces H2 FY26 Performance

Smallcap Multibagger Share Price Rallies 16.5% in Two Days; Company Announces H2 FY26 Performance

Exhicon posts strong H2 FY26 performance, wins Punjab Convention Centre project and expands aviation and exhibition operations across India and overseas

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On Wednesday, Indian markets traded on a strong note, with the Nifty 50 rising 1.56 per cent to 24,215.35, up 372.70 points from the previous close of 23,842. Amid this, Exhicon Events Media Solutions' share price was trading at Rs 536.40, up 4.61 per cent from the previous close of Rs 512. The stock had rallied 11 per cent in the previous session, rising from Rs 457 to Rs 512.

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Exhicon Events Media Solutions Reports Strong H2 FY2026 Performance

Exhicon Events Media Solutions reported operational performance for the half year ended March 31, 2026, driven by growth across aviation, infrastructure development, and large-scale event execution.

A key highlight during the period was the company emerging as the winning bidder for Punjab’s first purpose-built Convention and Exhibition Centre in Mohali under a BOT and PPP framework in partnership with the Government of Punjab. The project spans 14 acres in Mohali IT Park, with Phase 1 involving an investment of around Rs 75 crore and targeted completion by December 2027. The venue is also expected to host the Invest Punjab Summit 2027.

Exhicon Expands Infrastructure and Event Capabilities

In the National Capital Region, the company completed Phase 1 of Exhibition Hall Nos. 16, 16A and 17 at Expo Centre Greater Noida, adding 12,000 sqm of exhibition space. The overall expansion of 24,000 sqm is designed to support large-format exhibitions, concerts, and corporate events.

The company also strengthened its presence in western India with the commissioning of the 7.5-acre Messe Global Convention Centre in Pune. Additionally, it manages key venues including the 42-acre Lodha Belmondo Golf Course and Messe Global Arena in Kharadi, further enhancing its event infrastructure portfolio.

Exhicon Aviation Business Strengthens Growth Diversification

Exhicon expanded into aviation through its subsidiary United Helicharters Private Limited (UHPL), which received an Air Operator Permit (AOP) from the DGCA valid for 5 years (February 20, 2026, to February 19, 2031). The subsidiary also secured the helicopter shuttle contract for the Mandakini Valley to Kedarnath route, winning the bid against 9 competitors, marking a strategic diversification into high-growth segments.

Operational Scale and Execution Strength

During H2 FY2026, the company executed over 38 major events across India and 8 international markets. These events attracted more than 9,000 domestic exhibitors, 300 international exhibitors, over 16,000 delegates, and approximately 1,50,000 B2B visitors.

Exhicon also expanded its in-house asset base to 1,200 exhibition booths and increased temporary infrastructure capacity to around 25,000 sqm, strengthening execution capabilities and operational efficiency.

Outlook and Strategic Growth

The outlook remains healthy for FY2027, supported by asset-led infrastructure growth and service diversification. The company’s operational scale now includes ~12,000 sqm of completed exhibition space (Phase 1), with a broader 24,000 sqm development pipeline, along with a growing asset base and a strong, recurring client-driven Order Book.

About Exhicon Events Media Solutions

Exhicon Events Media Solutions Limited is an integrated exhibition and event services company offering end-to-end solutions across exhibitions, corporate events, infrastructure development, and venue management. The company operates across India and eight international markets and has expanded into aviation services through its subsidiary United Helicharters Private Limited.

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Disclaimer: The article is for informational purposes only and not investment advice.