Trade Fair Times and TV

Trade Fair Times and TV India's pioneer News Tabloid & 24 Hours TV Channel for the Trade fairs, Exhibitions, Events, Conferences & Services industry.

TradeFairTimes is India’s only monthly news tabloid for the Trade Fairs, Events, Conventions, Conferences & allied Services sector. Published from Mumbai, TFT has enjoys a diverse readership that ranges from Industry captains to academia, Industry Professionals, advertisers, Exhibition & Event organisers, Service providers, Exhibition managers, Venue owners, technology service providers, print med

ia and industry associations. TradeFairTimes offers the most comprehensive mix of content that suites all the segments of the Trade Fair & events industry, including current news, industry analysis, market trends, Pre-event announcement, Post-event Reports, Technology Review, Executive Watch, international news and Venues & Destination reports. For more details, please write to [email protected]

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Way to go! Super proud of you Sandeep! Your journey is truly inspirational! 💪
22/03/2025

Way to go! Super proud of you Sandeep! Your journey is truly inspirational! 💪

गूगल ला नाकारून स्वतःची कंपनी | Nanded to USA : An American Dream | American Bhau PodcastIn this inspiring episode of the american bhau podcast, lets chat wi...

Eleted to share the financial results of EMSL> Quantum of business that got shifted to FY25 to be reflected in FY25 resu...
27/05/2024

Eleted to share the financial results of EMSL

> Quantum of business that got shifted to FY25 to be reflected in FY25 results.

> Driven by the restructuring initiatives and robust growth triggers in place, the company expect strong growth to continue in upcoming years

The company's exceptional performance highlights its financial strength, operational excellence, and unwavering commitment to innovation, sustainability, and value creation for all stakeholders

Financial Highlights for FY 2023-2024:

· Revenue Growth: EMSL achieved a remarkable 48.84% increase in business revenue, soaring from INR 59.87 Cr in FY 2022-2023 to INR 89.12 Cr in FY 2023-2024 EBITA: EBIDTA of FY 24 is up at INR 20.12 Cr, against the the EBIDTA of the FY 23 at INR 13.80 Cr
· Consolidated Profit After Tax (PAT): The PAT is up from INR 9.16 Cr in FY 23 to INR 14.22 Cr in FY 24, up by 66 bps indicating improved efficiency.
· Standalone Sales: Standalone sales experienced a rise of 9.43%, increasing from INR 38.23 Cr in the previous fiscal year to INR 41.84 Cr.
· Standalone PAT: Standalone PAT also saw a 9.2% growth, climbing from INR 5.78 Cr in the last fiscal year to INR 6.31 Cr.
PAT margins after minority interest are up by 66 Bps as EMSL presently owns only 51% of Maple Heights Business Centre LLC.

Highlights​​​​​
Standalone revenue increases 9.43% after restructuring, would have grown 20% without the effect of restructuring​​​​​
Standalone SGA by 50bps due to higher investment in salaries and increased office presence​​​​​
Standalone PAT margins down by 4 bps only. Would have increased by 30-50bps, however some Govt. related business moved to FY25 due to announcement of the general elections.​

Analysis​​​​​
EMSL completed its internal structuring in H2FY24 wherein ​​​​​
The business serving end clients/exhibitors/brands to its 99% subsidiary Digiglobe Advertising.
The overseas business was moved to its 51% subsidiary Maple Heights LLC Dubai​​​
Venue related and business focused on serving event/exhibition organisors were retained in EMSL​​​​​
​​​​​
As part of restructuring​​​​​
Topline of INR 4.2 Cr/PAT 0.67 Cr was moved to Digiglobe in H2FY24​​​​.
Topline of INR 5.3 Cr/PAT 0.93 Cr was moved to Maple Heights LLC in H2FY24 resulting in reduction of INR 9.5 Cr of revenue and INR 1.6 Cr PAT from standalone numbers to its subsidiaries in H2 of FY24.​​​​​

The adjusted H2 of FY24 figures for EMSL standalone adjusted to effect of restructuring would have been approximately INR 27.2 Cr sales and INR 3.96 Cr PAT in H2FY24.​​​

The adjusted Full year FY24 figures for EMSL standalone, adjusted to effect of restructuring would have been approximately INR 50.24 Cr sales and INR 7.90 Cr PAT.​​​​

The effect of shift of revenue and PAT from EMSL to Digiglobe is largely neutral as the same is 99% consolidated.

https://www.tradefairtimes.com/tradefairtimes-october-2023/
12/10/2023

https://www.tradefairtimes.com/tradefairtimes-october-2023/

Click here for Online Edition   Dear Readers,   In the dynamic landscape of exhibitions and trade shows, India stands at the forefront, hosting a plethora of events that showcase innovation, industry trends, and the future of technology. These exhibitions serve as a testament to India’s growing ...

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