| 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
- ₹314.65
- Market cap
- ₹1,747 Cr
- Revenue (annual)
- ₹732.8 Cr
- Net profit (annual)
- ₹90.53 Cr
- P/E (TTM)
- 27.6×Sector 21.5×
- Promoter holding
- 69.70%+0.00% QoQ
- FII holding
- 0.44%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from EMS Ltd
All →EMS Earnings Call Transcript: Key Takeaways
Q2 revenue ₹160.9 Cr, EBITDA ₹35.8 Cr (22.3%), PAT ₹22.9 Cr; recovery from a monsoon-hit base, but receivables are stretched.
- Call
- Guides 20% growth
EMS Q2 FY27 Results: Net Profit ₹23.4 Cr, Down 16.7% YoY
EMS Ltd reported revenue from operations of ₹193.9 Cr (+11.8% YoY) and net profit of ₹23.4 Cr (-16.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹23.4 Cr · -16.7% YoY
EMS Board Meeting Date
EMS Limited will consider unaudited standalone and consolidated half-year results at a board meeting on 12 November 2026. Trading window stays closed until 14 November 2026.
EMS Bags ₹129.8 Cr Order from Municipal Corporation Jodhpur
EMS Ltd received an LOA from Municipal Corporation Jodhpur for sewerage work under AMRUT 2.0 valued at ₹129.80 Crore. Execution period is 24 months.
- Value
- ₹129.8 Cr
- From
- Municipal Corporation Jodhpur
- Execution
- 24 months
EMS Other Announcement
EMS Limited filed its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.
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.