EMA Partners India Ltd.
•₹ 82-2.61%
2026-08-21
PROS
- Company is almost debt free
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 0.91x)
- Company comfortably covers its interest (28.0x coverage)
CONS
- A large part of profit comes from other income (32.2% of PBT)
- Working capital days have increased from 201 to 561 days
- Operating margins have contracted to 18.1% from 26.4%
- Though reporting repeated profits, the company pays out little dividend (0.0%)
- Expensive relative to growth - PEG of 5.6
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | URBANCO | 147.40 | 0.00 | 22731.74 | 0.00 | -921.20 | -13373.78 | 5283.40 | 1338.56 | -8.23 | -18.44 |
| 2. | BLS | 271.30 | 15.83 | 11170.53 | 0.92 | 201.62 | 11.41 | 890.53 | 25.33 | 41.51 | 28.34 |
| 3. | SIS | 413.85 | 39.92 | 5848.98 | 1.69 | 101.66 | 9.37 | 4603.58 | 29.73 | 7.39 | 4.66 |
| 4. | QUESS | 336.50 | 19.90 | 5025.96 | 3.27 | 82.12 | 61.07 | 4181.68 | 14.52 | 24.72 | 2.02 |
| 5. | BLSE | 314.00 | 49.09 | 2852.89 | 0.16 | 18.63 | 6.30 | 304.09 | 24.63 | 17.52 | 6.98 |
| 6. | TEAMLEASE | 1239.85 | 12.80 | 1894.66 | 0.00 | 34.45 | 37.74 | 3034.69 | 4.96 | 14.52 | 1.05 |
| 7. | BLUSPRING | 119.80 | 0.00 | 1791.04 | 0.00 | -1.58 | 77.90 | 949.29 | 19.07 | 1.32 | 2.17 |
| 8. | KAPSTON | 523.40 | 52.23 | 1592.82 | 0.00 | 84.89 | 1284.83 | 2216.57 | 1062.33 | 13.16 | 6.56 |
| 9. | UDS | 216.75 | 16.72 | 1451.21 | 0.00 | 30.28 | 4.47 | 764.29 | 9.15 | 9.99 | 5.54 |
| 10. | GCSL | 522.95 | 46.36 | 1263.41 | 0.13 | 12.80 | 1240.31 | 37.52 | 70.71 | 21.85 | 46.76 |
| 11. | KRYSTAL | 628.70 | 14.31 | 878.42 | 0.24 | 17.41 | 5.92 | 360.71 | 11.65 | 17.52 | 6.33 |
| 12. | EMAPARTNER | 83.50 | 15.28 | 188.05 | 0.00 | — | — | — | — | 16.36 | — |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 57 | 50 | 67 | 74 | |
| 43 | 46 | 52 | 61 | |
| Operating Profit | 15 | 5 | 18 | 18 |
| OPM % | 26 | 10 | 27 | 25 |
| Other Income | 1 | 1 | 2 | 5 |
| Interest | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 2 |
| 14 | 4 | 17 | 16 | |
| Tax % | 17 | 25 | 12 | 21 |
| Net Profit | 11 | 3 | 15 | 12 |
| EPS | 7 | 2 | 338 | 5 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
| Minority Interest | -0 | 0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 2 | 8 | 5 |
| Minority Interest | -0 | 0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 2 | 8 | 5 |
Mar 2022
- 57
- 43
- Operating Profit
- 15
- OPM %
- 26
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 14
- Tax %
- 17
- Net Profit
- 11
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 50
- 46
- Operating Profit
- 5
- OPM %
- 10
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 4
- Tax %
- 25
- Net Profit
- 3
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 67
- 52
- Operating Profit
- 18
- OPM %
- 27
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 17
- Tax %
- 12
- Net Profit
- 15
- EPS
- 338
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2025
- 74
- 61
- Operating Profit
- 18
- OPM %
- 25
- Other Income
- 5
- Interest
- 1
- Depreciation
- 2
- 16
- Tax %
- 21
- Net Profit
- 12
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 9%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 4%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -12%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 17%
- Last Year:
- 13%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 0 | 0 | 0 | 12 |
| 39 | 40 | 54 | 125 | |
| Trade Payables | 0 | 0 | 1 | 1 |
| 19 | 13 | 22 | 17 | |
| Total Liabilities | 59 | 53 | 77 | 154 |
| ASSETS | - | - | - | - |
| 10 | 9 | 13 | 20 | |
| Capital Work in Progress | 0 | 0 | 7 | 0 |
| 7 | 8 | 9 | 44 | |
| 0 | 0 | 19 | 13 | |
| Cash & Bank | 19 | 15 | 22 | 65 |
| 22 | 21 | 7 | 13 | |
| Total Assets | 59 | 53 | 77 | 154 |
| Total Debt | 4 | 1 | 8 | 1 |
| Net Working Capital | 27 | 26 | 37 | 114 |
| Contingent Liabilities | 0 | 0 | 1 | 1 |
| Book Value per Share | 788.83 | 944.86 | 1277.42 | 58.72 |
| Face Value | 1.00 | 1.00 | 1.00 | 5.00 |
| Total Debt | 4 | 1 | 8 | 1 |
| Net Working Capital | 27 | 26 | 37 | 114 |
| Contingent Liabilities | 0 | 0 | 1 | 1 |
| Book Value per Share | 788.83 | 944.86 | 1277.42 | 58.72 |
| Face Value | 1.00 | 1.00 | 1.00 | 5.00 |
Mar 2022
- Equity Capital
- 0
- 39
- Trade Payables
- 0
- 19
- Total Liabilities
- 59
- 10
- Capital Work in Progress
- 0
- 7
- 0
- Cash & Bank
- 19
- 22
- Total Assets
- 59
- Total Debt
- 4
- Net Working Capital
- 27
- Contingent Liabilities
- 0
- Book Value per Share
- 788.83
- Face Value
- 1.00
- Total Debt
- 4
- Net Working Capital
- 27
- Contingent Liabilities
- 0
- Book Value per Share
- 788.83
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 0
- 40
- Trade Payables
- 0
- 13
- Total Liabilities
- 53
- 9
- Capital Work in Progress
- 0
- 8
- 0
- Cash & Bank
- 15
- 21
- Total Assets
- 53
- Total Debt
- 1
- Net Working Capital
- 26
- Contingent Liabilities
- 0
- Book Value per Share
- 944.86
- Face Value
- 1.00
- Total Debt
- 1
- Net Working Capital
- 26
- Contingent Liabilities
- 0
- Book Value per Share
- 944.86
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 0
- 54
- Trade Payables
- 1
- 22
- Total Liabilities
- 77
- 13
- Capital Work in Progress
- 7
- 9
- 19
- Cash & Bank
- 22
- 7
- Total Assets
- 77
- Total Debt
- 8
- Net Working Capital
- 37
- Contingent Liabilities
- 1
- Book Value per Share
- 1277.42
- Face Value
- 1.00
- Total Debt
- 8
- Net Working Capital
- 37
- Contingent Liabilities
- 1
- Book Value per Share
- 1277.42
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 12
- 125
- Trade Payables
- 1
- 17
- Total Liabilities
- 154
- 20
- Capital Work in Progress
- 0
- 44
- 13
- Cash & Bank
- 65
- 13
- Total Assets
- 154
- Total Debt
- 1
- Net Working Capital
- 114
- Contingent Liabilities
- 1
- Book Value per Share
- 58.72
- Face Value
- 5.00
- Total Debt
- 1
- Net Working Capital
- 114
- Contingent Liabilities
- 1
- Book Value per Share
- 58.72
- Face Value
- 5.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 8 | 3 | 12 | 13 | |
| Cash from Investing | -3 | -1 | -18 | -79 |
| Cash from Financing | -1 | -6 | 7 | 63 |
| 4 | -4 | 1 | -4 | |
| Free Cash Flow | 8 | 2 | 0 | 12 |
| OCF / Net Profit | 0.73 | 0.93 | 0.82 | 1.02 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 0.73 | 0.93 | 0.82 | 1.02 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 8
- Cash from Investing
- -3
- Cash from Financing
- -1
- 4
- Free Cash Flow
- 8
- OCF / Net Profit
- 0.73
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.73
- Cumulative 5-Year FCF
- 0
Mar 2023
- 3
- Cash from Investing
- -1
- Cash from Financing
- -6
- -4
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
Mar 2024
- 12
- Cash from Investing
- -18
- Cash from Financing
- 7
- 1
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 0
Mar 2025
- 13
- Cash from Investing
- -79
- Cash from Financing
- 63
- -4
- Free Cash Flow
- 12
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 225.41 | 72.59 | 337.54 | 5.43 |
| Book Value (₹) | 788.83 | 944.86 | 1277.42 | 58.72 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 6.10 | 2.24 | 9.28 | 6.23 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 26.42% | 9.99% | 23.40% | 18.07% |
| Net Margin % | 20.16% | 5.86% | 21.72% | 16.83% |
| ROE % | 29.11% | 7.40% | 31.11% | 13.06% |
| ROCE % | 32.92% | 9.86% | 33.12% | 16.36% |
| 19.63% | 5.25% | 22.51% | 10.77% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 89 | 96 | 85 | 79 |
| Inventory Days | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 |
| 89 | 96 | 85 | 79 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 0.10x | 0.01x | 0.14x | 0.01x |
| Interest Coverage (x) | 31.25x | 20.31x | 72.77x | 28.02x |
| 2.93x | 3.23x | 3.56x | 8.21x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | -11.96% | 34.21% | 9.86% |
| Operating Profit Growth % | 0.00% | -66.70% | 260.57% | 2.04% |
| Net Profit Growth % | 0.00% | -74.42% | 397.79% | -14.90% |
| 0.00% | 0.00% | 364.97% | -98.39% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 20.35x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 1.88x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | -0.77x | 10.46x |
Mar 2022
- EPS (₹)
- 225.41
- Book Value (₹)
- 788.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.10
- Operating Margin %
- 26.42%
- Net Margin %
- 20.16%
- ROE %
- 29.11%
- ROCE %
- 32.92%
- 19.63%
- Debtor Days
- 89
- Inventory Days
- 0
- Payable Days
- 0
- 89
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 31.25x
- 2.93x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 72.59
- Book Value (₹)
- 944.86
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.24
- Operating Margin %
- 9.99%
- Net Margin %
- 5.86%
- ROE %
- 7.40%
- ROCE %
- 9.86%
- 5.25%
- Debtor Days
- 96
- Inventory Days
- 0
- Payable Days
- 0
- 96
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 20.31x
- 3.23x
- Revenue Growth %
- -11.96%
- Operating Profit Growth %
- -66.70%
- Net Profit Growth %
- -74.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 337.54
- Book Value (₹)
- 1277.42
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.28
- Operating Margin %
- 23.40%
- Net Margin %
- 21.72%
- ROE %
- 31.11%
- ROCE %
- 33.12%
- 22.51%
- Debtor Days
- 85
- Inventory Days
- 0
- Payable Days
- 0
- 85
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 72.77x
- 3.56x
- Revenue Growth %
- 34.21%
- Operating Profit Growth %
- 260.57%
- Net Profit Growth %
- 397.79%
- 364.97%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- -0.77x
Mar 2025
- EPS (₹)
- 5.43
- Book Value (₹)
- 58.72
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.23
- Operating Margin %
- 18.07%
- Net Margin %
- 16.83%
- ROE %
- 13.06%
- ROCE %
- 16.36%
- 10.77%
- Debtor Days
- 79
- Inventory Days
- 0
- Payable Days
- 0
- 79
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 28.02x
- 8.21x
- Revenue Growth %
- 9.86%
- Operating Profit Growth %
- 2.04%
- Net Profit Growth %
- -14.90%
- -98.39%
- P/E (x)
- 20.35x
- P/B (x)
- 1.88x
- Dividend Yield %
- 0.00%
- 10.46x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Apr 2026
Nov 2025
May 2025

