EMS LIMITED·INFRASTRUCTURE 36.70WATER 50.08·Other Utilities Companies

2026-08-21 NSE BSE Web 20% Result 12 Aug

Price

394.35

-2.63%
O:400
H:401.9
L:392.1
C:394.35

52W Range

256.05593.85
+54%/-34%

Market Cap

₹2,189.86 Cr

Traded: ₹8.74 Cr (0.40%) 0.0x

Free Float: ₹658.05 Cr (1.33% of FF traded)

Volume · 60D trend

2.2 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-4% 3M:+13% 6M:+14% 12M:-5%

Valuation

P/E32.1
P/B2.1
P/S3.4
EV/EBIT13.4

Business Strength

ROE20.7%
ROCE26.6%
OPM26.3%
NPM19.1%

Growth (3Y CAGR)

EPS+20.4%
Sales+39.0%
Profit+33.0%
3Y Return--

Balance Sheet

Debt/Equity0.2
Debt165 Cr
Pledge26.4%
CWIP/Fixed Asset29.4%

Cash Position

CFO/NP18.5%
FCF27.4 Cr
FCF 3Y Avg-116 Cr
Cash/MCap9.0%

Others

Div Yield0.3%
Div Payout5.0%
Cash Conv. Cycle142 days
Tradeable Free Float30.1%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 61.29 Cr
9.31% FF
60d high
₹ 64.69 Cr
60d low
₹ 50.82 Cr
60d mean
₹ 58.41 Cr
vs mean
▲ 4.93%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
--
+23.0%
+22.0%
--
--
Decelerating
Sales
--
+24.0%
+39.0%
--
-5.0%
Stable
Profit
--
+20.0%
+33.0%
--
-29.0%
Stable
Return
--
--
--
-60.0%
--
--

Quarterly Results

Jun 2026

12 Aug
Rev
157 Cr
----
OPM17.0%
NPM--
PAT
-59% YoY15 Cr
EPS
--2.8

Mar 2026

29 May
Rev
120 Cr
-55% YoY--
OPM15.0%
NPM--
PAT
-88% YoY6 Cr
EPS
--1.0

Dec 2025

14 Feb
Rev
200 Cr
-18% YoY+16% QoQ
OPM15.0%
NPM9.5%
PAT
-63% YoY19 Cr
EPS
-63% YoY3.4

Sep 2025

PDF
Rev
173 Cr
-26% YoY-28% QoQ
OPM21.0%
NPM16.2%
PAT
-43% YoY28 Cr
EPS
-43% YoY5.1

Jun 2025

PDF
Rev
239 Cr
+16% YoY-11% QoQ
OPM23.0%
NPM15.9%
PAT
+2% YoY38 Cr
EPS
+2% YoY6.8

Mar 2025

PDF
Rev
270 Cr
+10% YoY+10% QoQ
OPM24.0%
NPM17.4%
PAT
-2% YoY47 Cr
EPS
-2% YoY8.4

Dec 2024

PDF
Rev
245 Cr
+23% YoY+5% QoQ
OPM29.0%
NPM20.8%
PAT
+35% YoY51 Cr
EPS
+35% YoY9.1

Sep 2024

PDF
Rev
233 Cr
+11% YoY+13% QoQ
OPM29.0%
NPM21.5%
PAT
+10% YoY50 Cr
EPS
+10% YoY8.9

Jun 2024

PDF
Rev
206 Cr
+50% YoY-16% QoQ
OPM24.0%
NPM18.0%
PAT
+64% YoY37 Cr
EPS
--6.7

Mar 2024

PDF
Rev
245 Cr
+29% YoY+23% QoQ
OPM28.0%
NPM19.2%
PAT
+34% YoY47 Cr
EPS
--8.5

Dec 2023

PDF
Rev
200 Cr
+32% YoY-5% QoQ
OPM23.0%
NPM18.5%
PAT
+26% YoY37 Cr
EPS
--6.7

Sep 2023

PDF
Rev
211 Cr
+74% YoY+53% QoQ
OPM27.0%
NPM21.3%
PAT
+54% YoY45 Cr
EPS
--8.2

Jun 2023

Rev
138 Cr
---27% QoQ
OPM23.0%
NPM16.7%
PAT
--23 Cr
EPS
--4.8

Mar 2023

Rev
190 Cr
--+26% QoQ
OPM25.1%
NPM18.9%
PAT
--36 Cr
EPS
--7.5

Dec 2022

Rev
151 Cr
--+25% QoQ
OPM28.0%
NPM19.9%
PAT
--30 Cr
EPS
----

Sep 2022

Rev
121 Cr
----
OPM36.0%
NPM24.8%
PAT
--30 Cr
EPS
----

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.16
Interest Coverage102.0x
Promoter Pledge26.4%
Borrowings165 Cr

Efficiency

Receivable Days142 days
Inventory Days days
Payable Days days
Cash Conversion cycle142 days

Cash Position

Operating Cash Flow34 Cr
Investing Cash Flow19 Cr
Financing Cash Flow1 Cr
Free Cash Flow27 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023
Mar 2023
Dec 2022
Sep 2022
Sales157120200173239270245233206245200211138190151121
Expenses13110217013618520517416515617815315410614310978
Operating Profit26183137546571695068475732484343
OPM %17.0%15.0%15.0%21.0%23.0%24.0%29.0%29.0%24.0%28.0%23.0%27.0%23.0%25.1%28.0%36.0%
Other Income2334223221681212
Interest5433321112122111
Depreciation2332333223111111
Profit Before Tax21152736516370674964516231484243
Tax %26.0%61.0%29.0%23.0%25.0%25.0%27.0%26.0%25.0%26.0%26.0%26.0%25.0%24.6%28.0%31.0%
Net Profit1561928384751503747374523363030
Exceptional Items--------------------------------
EPS (Rs)2.81.03.45.16.88.49.18.96.78.56.78.24.87.5----
Sales Growth (YoY)---55.0%-18.0%-26.0%16.0%10.0%23.0%11.0%50.0%29.0%32.0%74.0%--------
Sales Growth (QoQ)----15.6%-27.6%-11.5%10.2%5.2%13.1%-15.9%22.5%-5.2%52.9%-27.4%25.8%24.8%--
OP Growth (YoY)-51.9%-72.3%-56.3%-46.4%8.0%-4.4%51.1%21.1%56.3%42.5%9.3%32.6%--------
OP Growth (QoQ)44.4%-41.9%-16.2%-31.5%-16.9%-8.5%2.9%38.0%-26.5%44.7%-17.5%78.1%-32.9%11.0%0.0%--
Profit Growth (YoY)-59.0%-88.0%-63.0%-43.0%2.0%-2.0%35.0%10.0%64.0%34.0%26.0%54.0%--------
EPS Growth (YoY)-----62.7%-43.1%2.1%-1.6%35.3%9.7%----------------
EPS Growth (QoQ)-----33.4%-25.4%-18.7%-7.7%1.7%33.8%-21.7%26.9%-17.6%----------
OP Margin----15.5%21.4%22.6%24.1%29.0%29.6%24.3%27.8%23.5%27.0%23.2%25.3%28.5%35.5%
Net Margin----9.5%16.2%15.9%17.4%20.8%21.5%18.0%19.2%18.5%21.3%16.7%18.9%19.9%24.8%
Material Cost %-5.5%-108.0%3.2%-12.1%-2.5%2.4%2.8%20.3%-10.9%28.1%-10.4%0.3%-23.7%-12.0%2.8%-10.7%
Employee Cost %6.4%10.0%5.8%6.1%4.0%3.1%3.4%3.2%3.4%3.1%2.4%2.0%3.2%3.0%2.4%2.5%
P/S3.362.412.051.73------------------------
P/E32.1116.1213.779.82------------------------
P/B2.072.041.741.54------------------------

Shareholding Pattern

Shareholders:1.2L (+165.4%)
Current MixDec 2025

Exchange Filings

50
Company Update21 Aug 2026

In compliance with regulation 31(1) & 31(2) of SEBI(SAST) Regulations, 2011, and relevant SEBI circular, Mr. Ramveer Singh has disclosed the details regarding Release of 4,30,000 Pledged ....

Company Update20 Aug 2026

Intimation of Receipt of Lowest Bidder (L-1) Status received from Public Health Engineering Department, Government of Rajasthan for work of approximately 222 Crores.

Company Update20 Aug 2026

In continuation to our intimation dated July 13, 2026, we are pleased to inform about Receipt of Letter of Acceptance (LOA) from UP Jal Nigam (Urban), Varanasi for Sewerage Work

Company Update19 Aug 2026

Intimation of Receipt of Lowest Bidder (L-1) Status received from Public Health Engineering Department, Government of Rajasthan for Construction work of 190 Crores

Company Update19 Aug 2026

Transcript of Earnings Conference Call held on August 13, 2026 for quarter ended June 30, 2026

Company Update18 Aug 2026

Intimation of Receipt of Highest Bidder (H-1) Status received from National Highways Authority of India for 2 work orders

Company Update17 Aug 2026

Intimation of Receipt of Lowest Bidder L1 Status from Municipal Corporation Jodhpur for Sewerage Work.

Company Update13 Aug 2026

Outcome of Investor''s Meet (Audio Recording) to discuss Standalone and Consolidated Unaudited Financial Results of the company for the Quarter ended June 30, 2026

Company Update13 Aug 2026

Newspaper Publication of Standalone and consolidated Unaudited Financial Results of the company for the quarter ended June 30, 2026

Company Update12 Aug 2026

Press Release on Standalone and Consolidated Unaudited Financial Results of the company for the Quarter ended June 30, 2026

Result12 Aug 2026

Standalone and Consolidated Unaudited Financial Results of the company for the Quarter ended June 30, 2026

Board Meeting12 Aug 2026

Outcome of Board Meeting to consider and Approve Standalone and consolidated Unaudited Financial Results of the company for the Quarter ended June 30, 2026

Board Meeting05 Aug 2026

EMS Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Prior Intimation of Board Meeting to be ....

Others25 Jul 2026

Outcome of Board Meeting for Appointment of Internal Auditors and Re-appointment of Tax Auditors for Financial Year 2026-27

Company Update25 Jul 2026

Appointment of Internal Auditors and Re-appointment of Tax Auditors for the Financial Year 2026-27

Company Update15 Jul 2026

In continuation to our intimation dated June 06, 2026, regarding Receipt of L 1 Status, we wish to inform about Receipt of Letter of Acceptance (LOA) from UP Jal Nigam (urban), Varanasi

Company Update13 Jul 2026

Intimation of Receipt of L1 Status from UP Jal Nigam (Urban), Varanasi

Company Update07 Jul 2026

Intimation of Receipt of Lowest Bidder L-1 Status awarded by Delhi Jal Board for Sewerage Work

Company Update02 Jul 2026

Compliance certificate Under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended June 30, 2026

Insider Trading / SAST27 Jun 2026

To consider and Approve Standalone and Consolidated Unaudited Financial Results of the company for the Quarter ended June 30, 2026

Company Update24 Jun 2026

Please find enclosed the clarification sought on Movement in Price vide letter dated June 23, 2026

Company Update23 Jun 2026

The Exchange has sought clarification from EMS Ltd on June 23, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant information about ....

BSE
Company Update18 Jun 2026

As per PDF Attached

Company Update18 Jun 2026

The Exchange has sought clarification from EMS Ltd on June 18, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited.

BSE
Company Update17 Jun 2026

Clarification on Spurt in Volume

Company Update06 Jun 2026

Intimation of Receipt of Lowest Bidder (L-1) Status Awarded by UP Jal Nigam (Urban) Varanasi for construction work Laying and Jointing of Sewer Network and providing Sewer House Connection

Company Update30 May 2026

Outcome of Investors Meet Scheduled on May 30, 2026 to discuss Audited Standalone and consolidated Financial Results of the company for the Quarter and Financial Year ended March 31, 2026

Company Update30 May 2026

Newspaper Publication relating to Audited Standalone and Consolidated Financial Results of the company for the Quarter and Financial Year ended March 31, 2026

Company Update29 May 2026

Outcome of Board Meeting to consider and Approve Standalone and Consolidated Audited Financial Results of the company for the Financial Year ended March 31, 2026

Result29 May 2026

consider and Approve Standalone and consolidated Audited Financial Results of the company for the Quarter and Financial Year ended March 31, 2026

Corp. Action29 May 2026

Recommendation of Final Dividend of Rs. 1.5/- per Equity Shares, subject to the approval of the Shareholders of the company at the Forthcoming Annual General Meeting of the company

Result29 May 2026

To consider and Approve Standalone and consolidated Audited Financial Results of the company for the Financial Year ended March 31, 2026, and recommendation of Final Dividend

Company Update27 May 2026

Pursuant to Regulation 24A of SEBI (LODR) Regulations, 2015, we are enclosing herewith the Annual Secretarial Compliance Report for the Year ended March 31, 2026.

Company Update26 May 2026

Intimation of Earnings Conference Call to be held on Saturday, May 30, 2026 at 02:30 P.M to discuss the Financial Results for the 4th Quarter and Financial Year ended March 31st, 2026

Board Meeting25 May 2026

EMS Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (LODR), ....

Company Update06 May 2026

Intimation regarding receipt of Letter of Award from UP Jal Nigam, Varanasi for construction of 2 wards namely Hukulganj and Naibasti out of 18 problematic wards. Estimated order Value ....

Company Update04 May 2026

In continuation to our Intimation dated April 17, 2026 regarding receipt of Lowest Bidder (L1) status for tender awarded by UP Jal Nigam, Varanasi, we wish to inform you regarding receipt ....

Company Update28 Apr 2026

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform about Credit Rating given by CRISIL Ratings on bank facilities availed by the company

Company Update17 Apr 2026

Intimation of Receipt of Lowest Bidder (L-1) Status by UP Jal Nigam (Urban), Varanasi for Two Construction works

Company Update15 Apr 2026

Pursuant to the appointment of Mr. Himanshu as Company Secretary & Compliance Officer of the company w.e.f. 15/04/2026, Board of directors of the company have approved the chnages in KMP ....

Company Update15 Apr 2026

Appointment of Company Secretary & Compliance Officer (KMP) of the company w.e.f. April 15, 2026

Others15 Apr 2026

Appointment of Mr. Himanshu (A76438) as Company Secretary & compliance officer, designated as Key Managerial Person (KMP) of the company

Company Update15 Apr 2026

Appointment of Mr. Himanshu (Membership No. A76438) as Company Secretary & Compliance Officer, Designated as Key Managerial Person (KMP) of the company

Company Update04 Apr 2026

Compliance certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended March 31, 2026

Company Update30 Mar 2026

In compliance with Regulation 31(1) and 31(2) of SEBI (SAST) Regulations, 2011 and relevant SEBI Circular, Mr. Ramveer Singh, promoter of the company has disclosed the details regarding ....

AGM/EGM26 Mar 2026

Countersigned Scrutinizer''s Report and Voting Results of 01st/ 2025-26 Extraordinary General Meeting of the company held on March 23, 2026

Insider Trading / SAST26 Mar 2026

Intimation of Closure of Trading Window

Company Update25 Mar 2026

In compliance with Regulation 31(1) and 31(2) of SEBI(SAST) Regulations, 2011 and relevant SEBI circular, Mr. Ramveer Singh, Promoter of the company has disclosed the details regarding ....

AGM/EGM24 Mar 2026

Scrutinizer Report and Voting Results of Extraordinary General Meeting of EMS Limited held on March 23, 2026

AGM/EGM23 Mar 2026

Proceedings of Extraordinary General Meeting of the company held on March 23, 2026

Annual Reports

3

2025

2024

2023

Credit Ratings

3
crisilRating update
13 Mar 2025Report
icraRating update
06 Jan 2025Report
icraRating update
31 Jan 2024Report

Concalls

7

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Sep 2025

30 Sept 2025

Jun 2025

30 Jun 2025

Nov 2024

30 Nov 2024

Aug 2024

31 Aug 2024

Feb 2024

29 Feb 2024

Held by Mutual Funds

2 schemes hold EMSLIMITED · sorted by weight

#SchemeWeight %
1

Motilal Oswal BSE Clean Environment Index Fund

Motilal Oswal Mutual Fund

0.18%
2

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.00%