EMS Ltd.
NSE: EMSLIMITED · Capital Goods
Sector
Capital Goods
Size band
Small cap
Market cap
1,611cr
P/E
12.5
ROE
20.9%
Dividend yield
0.5%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Engineering · largest 12 of 17 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| L&T Technology Services Ltd. | 19.0% | 11.4% |
| Craftsman Automation Ltd. | 16.0% | 36.3% |
| KEC International Ltd. | 6.0% | 0.0% |
| Engineers India Ltd. | 15.0% | −5.7% |
| Transrail Lighting Ltd. | 12.0% | 4.8% |
| ISGEC Heavy Engineering Ltd. | 6.0% | 46.0% |
| Inox Green Energy Services Ltd. | −2.2% | −23.2% |
| KRN Heat Exchanger And Refrigeration Ltd. | 19.0% | 119.1% |
| Ajax Engineering Ltd. | 12.0% | 1.7% |
| Pitti Engineering Ltd. | 16.0% | 15.8% |
| Divgi Torqtransfer Systems Ltd. | 27.0% | 90.3% |
| EMS Ltd. | 17.0% | −34.3% |
What management said
8 statements on recordEarnings call · Q1 FY’27 · 19 Aug 2026
- Revenue→Rs. 900 crores to Rs. 950 crores· FY’2026-2027
“And the whole year revenue, we are looking at the same at par revenue, which was in FY’2024-2025, that is of the order of Rs. 900 crores to Rs. 950 crores.”
- Revenue growth→at least 50% with respect to last year· FY’27
“These numbers are typically, we are bouncing back from a slower quarter last year and as we get back to our routine numbers which we have already explained that by the end of this year we are planning to grow by at least 50% with respect to last year and as far as any CAPEX plans are concerned there is no such CAPEX plan as of yet.”
- Revenue growth→30%, 35%· Q2 FY’27
“And now again, this Q2 is always a rainy season. In this rainy season again, we will increase with Q1 but not to the extent we are intending. Not by the amount of 50%, but 30%, 35% we will increase.”
- Revenue growth→30% to 35% higher than Q1· Q2 FY’27
“If in percentage terms we were to explain Q2 would be about 30% to 35% higher than Q1 and thereafter you will see a growth of more than 50% quarter-to-quarter.”
- Revenue growth→more than 50% quarter-to-quarter· After Q2 FY’27
“If in percentage terms we were to explain Q2 would be about 30% to 35% higher than Q1 and thereafter you will see a growth of more than 50% quarter-to-quarter.”
- Revenue growth→more than 50%· Q3 and Q4 FY’27
“And in Q3 and Q4, we will increase by more than 50%.”
- CAPEX→no such CAPEX plan as of yet· FY’27
“These numbers are typically, we are bouncing back from a slower quarter last year and as we get back to our routine numbers which we have already explained that by the end of this year we are planning to grow by at least 50% with respect to last year and as far as any CAPEX plans are concerned there is no such CAPEX plan as of yet.”
- EBITDA margin and PAT margin→25% EBITDA and a 15% PAT margins· current financial year / going forward
“Dhruv Hingorani: And how about the EBITDA and PAT margin because last few quarter Ashish Tomar: No sir. We are confident that we would be achieving those numbers because the work that we currently have in our order book is of similar margins and was built by keeping those numbers in mind.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
On air
12 calls · outcomes not trackedRecorded as stated on air, with the analyst's SEBI registration status where it was given. Anchor calls carry no registration and are marked. Bharatstox does not make, endorse or repeat these calls, and none of them is our view.
| Channel & show | Aired | Stated target | Stated stop | Outcome |
|---|---|---|---|---|
| Zee BusinessZee Business · no registration attached | 2 Sep | +39.2% | — | still open |
| Zee BusinessZee Business · no registration attached | 2 Sep | +38.8% | — | still open |
| Zee BusinessZee Business · no registration attached | 2 Sep | +41.3% | — | still open |
| Zee BusinessZee Business · no registration attached | 2 Sep | +2.0% | -1.5% | still open |
| Zee BusinessZee Business · no registration attached | 2 Sep | +3.0% | -1.9% | still open |
| Zee BusinessZee Business · no registration attached | 2 Sep | +2.4% | -1.9% | still open |
| Zee BusinessZee Business · no registration attached | 2 Sep | +0.5% | -1.6% | still open |
| Zee BusinessZee Business · no registration attached | 2 Sep | +0.2% | -2.0% | still open |
| Zee BusinessZee Business · no registration attached | 2 Sep | +2.2% | -1.3% | still open |
| Zee BusinessZee Business · no registration attached | 20 Aug | +4.1% | -4.8% | still open |
| Zee BusinessZee Business · no registration attached | 19 Aug | +1.7% | -1.3% | still open |
| Zee BusinessZee Business · no registration attached | 19 Aug | +1.9% | -1.1% | still open |
Shareholding
change across 4 filings| Category | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Change |
|---|---|---|---|---|---|
| Promoters | 69.7 | 69.7 | 69.7 | 69.7 | 0.0 |
| Foreign institutions | 0.4 | 0.1 | 0.4 | 0.2 | +0.2 |
| Domestic institutions | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 |
| Retail & others | 29.8 | 30.1 | 29.9 | 30.1 | −0.3 |
As filed with the exchange for the periods ending Dec 25 to Sep 26.
Filings
latest 25 of 225- Bagging/Receiving of orders/contracts8 Oct 2026
- Shareholders meeting28 Sept 2026
- Trading Window28 Sept 2026
- Bagging/Receiving of orders/contracts9 Sept 2026
- Intimation of Receipt of Letter of Award (LOA) from National Highways Authority of India9 Sept 2026
- Press Release3 Sept 2026
- Press Release titled "EMS Limited emerges as Lowest Bidder (L-1) for Rs. 218.65 Crore, Rajasthan Sewerage Project"3 Sept 2026
- Copy of Newspaper Publication2 Sept 2026
- Newspaper Publication of 16th Annual General Meeting of EMS Limited, Details of E-voting and Record Date2 Sept 2026
- General Updates1 Sept 2026
- Intimation of Receipt of Lowest Bidder (L-1) Status awarded by Government of Rajasthan for Sewerage work1 Sept 2026
- Updates1 Sept 2026
- Letter to members providing weblink and QR code for accessing Integrated Annual report for FY 2025-261 Sept 2026
- EMS Limited has submitted Business Responsibility and Sustainability Report (BRSR) for the FY 2025-261 Sept 2026
- Annual Report of EMS Limited for the FY 2025-261 Sept 2026
- Shareholders meeting1 Sept 2026
- Notice of 16th Annual General Meeting (AGM) of the company to be held on Saturday, September 26, 20261 Sept 2026
- General Updates31 Aug 2026
- Intimation of Receipt of Highest Bidder (H-1) Status received from National Highways Authority of India (NHAI)31 Aug 2026
- Intimation of Receipt of Letter of Award (LOA) from National Highways Authority of India29 Aug 2026
- Updates25 Aug 2026
- Intimation of Re-appointment of Cost Auditors of the company for the FY 2026-2725 Aug 2026
- Record Date for Eligibility of members to receive Final Dividend for the FY 2025-26 is Saturday, September 19, 202625 Aug 2026
- Change in Management25 Aug 2026
- Record Date25 Aug 2026
The 25 most recent of 225 filings we hold for EMSLIMITED, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Broadcast calls are reproduced as stated on air, attributed, with the analyst's SEBI registration status where given; they are not our calls and not our view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.