| Revenue growth | Consolidated revenue fell 37% YoY due to execution delays. |
|---|---|
| Margins | EBITDA margins impacted by fixed costs on stalled projects. |
| Order book | Unexecuted order book stands at ₹1,837cr as of March 2026. |
| Demand visibility | Strong pipeline with ₹2,500cr-₹3,000cr in active tenders. |
| Management confidence | Defensive; management blamed external factors for missing prior guidance. |
Growth
Revenue fell 37% YoY to ₹732cr; growth was negatively impacted by a ₹100cr inventory buildup from unbilled milestones.
Outlook
Targeting FY27 revenue of ₹1,000cr and 15% PAT margins as operations stabilize.
Risks
Heavy dependence on government funding and timely permissions; persistent working capital stress due to new payment portals.
Earnings Call filed with BSE, NSE: EMSLIMITED. Summary written with AI assistance from the document.
EMS Ltd: key numbers
- Share price
- ₹354.90
- Market cap
- ₹1,971 Cr
- Revenue (annual)
- ₹732.8 Cr
- Net profit (annual)
- ₹90.53 Cr
- P/E (TTM)
- 28.9×Sector 25.1×
- Promoter holding
- 69.70%+0.00% QoQ
- FII holding
- 0.14%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from EMS Ltd
All →EMS Annual General Meeting
EMS Ltd conducted its 16th Annual General Meeting on September 26, 2026, approving financial statements, director reappointment, and a final dividend of ₹1.50 per share.
EMS Earnings Call Transcript: Key Takeaways
EMS reported strong Q1 results but faces significant execution headwinds. Heavy reliance on seasonally weak quarters creates a lopsided revenue profile dependent on a massive H2 ramp-up to meet full-year targets.
- Call
- Guides 50% growth
EMS Q1 FY27 Results: Net Profit ₹15.5 Cr, Down 59.3% YoY
EMS Ltd reported revenue from operations of ₹157.2 Cr (-34.2% YoY) and net profit of ₹15.5 Cr (-59.3% YoY) for Q1 FY27.
- Key figure
- Net profit ₹15.5 Cr · -59.3% YoY
EMS Earnings Call: Key Takeaways
EMS Ltd reports disappointing Q4FY26 results due to government project delays and payment constraints. Revenue and margins saw a significant year-on-year decline.
EMS Q4 FY26 Results: Net Profit ₹5.7 Cr, Down 87.8% YoY
EMS Ltd reported revenue from operations of ₹120.5 Cr (-55.3% YoY) and net profit of ₹5.7 Cr (-87.8% YoY) for Q4 FY26.
- Key figure
- Net profit ₹5.7 Cr · -87.8% YoY