EMS Ltd.
•₹ 394.35-2.63%
2026-08-21
PROS
- Company has delivered good profit growth of 20.5% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 30.9%
- Company has a good return on equity (ROE) track record: 3 Years ROE 22.9%
- Company has delivered good sales growth of 24.4% CAGR over last 5 years
CONS
- Recent results are weak - TTM profit is down 60.5% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.04x)
- Total debt has risen sharply - up 940.9% year on year
- Equity base is being diluted - shares outstanding up 372.6%
- Operating margins have contracted to 26.3% from 32.6%
* 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. | LT | 4072.00 | 33.77 | 560252.67 | 0.93 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 228.45 | 52.95 | 47632.28 | 0.31 | 1595.20 | 1087.26 | 43212.30 | 1005.52 | 10.81 | 4.41 |
| 3. | KPIL | 1388.45 | 20.86 | 23710.91 | 0.79 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.94 | 23.98 | 22875.73 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1274.95 | 36.41 | 21902.06 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 237.05 | 16.99 | 13323.21 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | IRCON | 126.55 | 22.73 | 11902.23 | 1.50 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 8. | TECHNOE | 986.05 | 26.60 | 11467.72 | 0.71 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 9. | KEC | 424.75 | 20.42 | 11306.84 | 1.29 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 280.00 | 71.17 | 10297.97 | 0.71 | 30.30 | -77.95 | 2671.00 | -20.75 | 12.88 | 9.42 |
| 11. | WAAREERTL | 881.00 | 18.10 | 9195.81 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | EMSLIMITED | 405.95 | 33.09 | 2254.27 | 0.37 | 15.49 | -59.30 | 157.24 | -34.18 | 26.98 | 16.56 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 113 | 196 | 177 | 234 | 204 | 231 | 242 | 266 | 211 | 144 | 169 | 84 | 126 | |
| 83 | 141 | 132 | 169 | 154 | 163 | 172 | 204 | 160 | 109 | 142 | 68 | 107 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 8 | 6 | 0 | 2 | 2 | 3 | 2 | 2 | 4 | 2 | 3 | 2 |
| Interest | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| 29 | 61 | 50 | 62 | 49 | 67 | 69 | 61 | 50 | 36 | 26 | 14 | 20 | |
| Tax % | 25.56% | 26.40% | 26.04% | 25.76% | 24.82% | 26.32% | 27.53% | 25.15% | 25.39% | 22.80% | 30.27% | 61.29% | 26.57% |
| Net Profit | 22 | 45 | 37 | 46 | 37 | 50 | 50 | 46 | 37 | 28 | 18 | 5 | 15 |
| 5 | 9 | 7 | 9 | 7 | 9 | 9 | 8 | 7 | 5 | 3 | 1 | 0 | |
| Equity Capital | 47 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 47 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 113
- 83
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 29
- Tax %
- 25.56%
- Net Profit
- 22
- 5
- Equity Capital
- 47
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 47
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 196
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 1
- Depreciation
- 1
- 61
- Tax %
- 26.40%
- Net Profit
- 45
- 9
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 177
- 132
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 1
- 50
- Tax %
- 26.04%
- Net Profit
- 37
- 7
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 234
- 169
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 2
- 62
- Tax %
- 25.76%
- Net Profit
- 46
- 9
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 204
- 154
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 49
- Tax %
- 24.82%
- Net Profit
- 37
- 7
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 231
- 163
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 67
- Tax %
- 26.32%
- Net Profit
- 50
- 9
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 242
- 172
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 2
- 69
- Tax %
- 27.53%
- Net Profit
- 50
- 9
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 266
- 204
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 61
- Tax %
- 25.15%
- Net Profit
- 46
- 8
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 211
- 160
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 2
- 50
- Tax %
- 25.39%
- Net Profit
- 37
- 7
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 144
- 109
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 2
- 36
- Tax %
- 22.80%
- Net Profit
- 28
- 5
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 169
- 142
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 2
- 26
- Tax %
- 30.27%
- Net Profit
- 18
- 3
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 84
- 68
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 3
- Depreciation
- 2
- 14
- Tax %
- 61.29%
- Net Profit
- 5
- 1
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 126
- 107
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 2
- 20
- Tax %
- 26.57%
- Net Profit
- 15
- 0
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 313 | 316 | 307 | 338 | 484 | 719 | 941 | 523 | |
| 227 | 221 | 212 | 232 | 344 | 525 | 694 | 427 | |
| Operating Profit | 91 | 101 | 100 | 110 | 145 | 210 | 259 | — |
| OPM % | 29 | 32 | 33 | 33 | 30 | 29 | 27 | — |
| Other Income | 5 | 7 | 5 | 4 | 5 | 15 | 12 | 12 |
| Interest | 3 | 3 | 4 | 6 | 3 | 2 | 4 | 9 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 5 | 8 | 7 |
| 88 | 97 | 95 | 102 | 140 | 203 | 247 | 96 | |
| Tax % | 29 | 26 | 27 | 27 | 26 | 26 | 26 | 31 |
| Net Profit | 63 | 72 | 70 | 75 | 103 | 150 | 182 | 66 |
| EPS | 50 | 61 | 6 | 64 | 22 | 27 | 33 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 7 | 5 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 13 | 15 | 15 | 16 | 22 | 27 | 33 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 13 | 15 | 15 | 16 | 22 | 27 | 33 | — |
Mar 2019
- 313
- 227
- Operating Profit
- 91
- OPM %
- 29
- Other Income
- 5
- Interest
- 3
- Depreciation
- 1
- 88
- Tax %
- 29
- Net Profit
- 63
- EPS
- 50
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2020
- 316
- 221
- Operating Profit
- 101
- OPM %
- 32
- Other Income
- 7
- Interest
- 3
- Depreciation
- 1
- 97
- Tax %
- 26
- Net Profit
- 72
- EPS
- 61
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2021
- 307
- 212
- Operating Profit
- 100
- OPM %
- 33
- Other Income
- 5
- Interest
- 4
- Depreciation
- 1
- 95
- Tax %
- 27
- Net Profit
- 70
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2022
- 338
- 232
- Operating Profit
- 110
- OPM %
- 33
- Other Income
- 4
- Interest
- 6
- Depreciation
- 2
- 102
- Tax %
- 27
- Net Profit
- 75
- EPS
- 64
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2023
- 484
- 344
- Operating Profit
- 145
- OPM %
- 30
- Other Income
- 5
- Interest
- 3
- Depreciation
- 2
- 140
- Tax %
- 26
- Net Profit
- 103
- EPS
- 22
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2024
- 719
- 525
- Operating Profit
- 210
- OPM %
- 29
- Other Income
- 15
- Interest
- 2
- Depreciation
- 5
- 203
- Tax %
- 26
- Net Profit
- 150
- EPS
- 27
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
Mar 2025
- 941
- 694
- Operating Profit
- 259
- OPM %
- 27
- Other Income
- 12
- Interest
- 4
- Depreciation
- 8
- 247
- Tax %
- 26
- Net Profit
- 182
- EPS
- 33
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
TTM
- 523
- 427
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 9
- Depreciation
- 7
- 96
- Tax %
- 31
- Net Profit
- 66
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 24%
- 3 Years:
- 41%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 20%
- 3 Years:
- 34%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -29%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 23%
- 3 Years:
- 23%
- Last Year:
- 21%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - |
| Equity Capital | 12 | 12 | 12 | 12 | 47 | 56 | 56 |
| 148 | 220 | 290 | 365 | 433 | 729 | 906 | |
| 2 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 37 | 37 | 32 | 40 | 14 | 7 | 12 |
| 83 | 55 | 38 | 69 | 59 | 62 | 87 | |
| Total Liabilities | 283 | 324 | 372 | 486 | 553 | 854 | 1,060 |
| ASSETS | - | - | - | - | - | - | - |
| 4 | 29 | 34 | 26 | 29 | 56 | 54 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 4 | 0 | 0 |
| 2 | 3 | 4 | 10 | 10 | 19 | 26 | |
| 26 | 43 | 35 | 51 | 102 | 89 | 48 | |
| 0 | 0 | 0 | 0 | 0 | 238 | 377 | |
| Cash & Bank | 122 | 101 | 101 | 82 | 92 | 106 | 158 |
| 129 | 148 | 198 | 317 | 316 | 345 | 396 | |
| Total Assets | 283 | 324 | 372 | 486 | 553 | 854 | 1,060 |
| Total Debt | 53 | 18 | 1 | 42 | 0 | 1 | 13 |
| Net Working Capital | 170 | 216 | 272 | 265 | 315 | 520 | 659 |
| Contingent Liabilities | 0 | 0 | 0 | 188 | 252 | 288 | 196 |
| Book Value per Share | 136.24 | 197.40 | 256.82 | 320.39 | 102.08 | 141.32 | 173.07 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 53 | 18 | 1 | 42 | 0 | 1 | 13 |
| Net Working Capital | 170 | 216 | 272 | 265 | 315 | 520 | 659 |
| Contingent Liabilities | 0 | 0 | 0 | 188 | 252 | 288 | 196 |
| Book Value per Share | 136.24 | 197.40 | 256.82 | 320.39 | 102.08 | 141.32 | 173.07 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2019
- Equity Capital
- 12
- 148
- 2
- Trade Payables
- 37
- 83
- Total Liabilities
- 283
- 4
- Capital Work in Progress
- 0
- 2
- 26
- 0
- Cash & Bank
- 122
- 129
- Total Assets
- 283
- Total Debt
- 53
- Net Working Capital
- 170
- Contingent Liabilities
- 0
- Book Value per Share
- 136.24
- Face Value
- 10.00
- Total Debt
- 53
- Net Working Capital
- 170
- Contingent Liabilities
- 0
- Book Value per Share
- 136.24
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 12
- 220
- 0
- Trade Payables
- 37
- 55
- Total Liabilities
- 324
- 29
- Capital Work in Progress
- 0
- 3
- 43
- 0
- Cash & Bank
- 101
- 148
- Total Assets
- 324
- Total Debt
- 18
- Net Working Capital
- 216
- Contingent Liabilities
- 0
- Book Value per Share
- 197.40
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- 216
- Contingent Liabilities
- 0
- Book Value per Share
- 197.40
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 12
- 290
- 0
- Trade Payables
- 32
- 38
- Total Liabilities
- 372
- 34
- Capital Work in Progress
- 0
- 4
- 35
- 0
- Cash & Bank
- 101
- 198
- Total Assets
- 372
- Total Debt
- 1
- Net Working Capital
- 272
- Contingent Liabilities
- 0
- Book Value per Share
- 256.82
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 272
- Contingent Liabilities
- 0
- Book Value per Share
- 256.82
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 12
- 365
- 0
- Trade Payables
- 40
- 69
- Total Liabilities
- 486
- 26
- Capital Work in Progress
- 0
- 10
- 51
- 0
- Cash & Bank
- 82
- 317
- Total Assets
- 486
- Total Debt
- 42
- Net Working Capital
- 265
- Contingent Liabilities
- 188
- Book Value per Share
- 320.39
- Face Value
- 10.00
- Total Debt
- 42
- Net Working Capital
- 265
- Contingent Liabilities
- 188
- Book Value per Share
- 320.39
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 47
- 433
- 0
- Trade Payables
- 14
- 59
- Total Liabilities
- 553
- 29
- Capital Work in Progress
- 4
- 10
- 102
- 0
- Cash & Bank
- 92
- 316
- Total Assets
- 553
- Total Debt
- 0
- Net Working Capital
- 315
- Contingent Liabilities
- 252
- Book Value per Share
- 102.08
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 315
- Contingent Liabilities
- 252
- Book Value per Share
- 102.08
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 56
- 729
- 0
- Trade Payables
- 7
- 62
- Total Liabilities
- 854
- 56
- Capital Work in Progress
- 0
- 19
- 89
- 238
- Cash & Bank
- 106
- 345
- Total Assets
- 854
- Total Debt
- 1
- Net Working Capital
- 520
- Contingent Liabilities
- 288
- Book Value per Share
- 141.32
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 520
- Contingent Liabilities
- 288
- Book Value per Share
- 141.32
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 56
- 906
- 0
- Trade Payables
- 12
- 87
- Total Liabilities
- 1,060
- 54
- Capital Work in Progress
- 0
- 26
- 48
- 377
- Cash & Bank
- 158
- 396
- Total Assets
- 1,060
- Total Debt
- 13
- Net Working Capital
- 659
- Contingent Liabilities
- 196
- Book Value per Share
- 173.07
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- 659
- Contingent Liabilities
- 196
- Book Value per Share
- 173.07
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 0 | 37 | 21 | 17 | 23 | -73 | 30 | |
| Cash from Investing | 0 | -22 | -2 | -6 | -19 | -82 | 23 |
| Cash from Financing | 0 | -36 | -19 | -5 | -4 | 156 | 2 |
| 0 | -21 | -0 | 7 | -0 | 1 | 56 | |
| Free Cash Flow | 0 | 11 | 15 | 17 | 16 | -101 | 25 |
| OCF / Net Profit | 0.00 | 0.51 | 0.30 | 0.23 | 0.22 | -0.49 | 0.17 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -42 | -29 |
| OCF / Net Profit | 0.00 | 0.51 | 0.30 | 0.23 | 0.22 | -0.49 | 0.17 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -42 | -29 |
Mar 2019
- 0
- Cash from Investing
- 0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 0
Mar 2020
- 37
- Cash from Investing
- -22
- Cash from Financing
- -36
- -21
- Free Cash Flow
- 11
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 0
Mar 2021
- 21
- Cash from Investing
- -2
- Cash from Financing
- -19
- -0
- Free Cash Flow
- 15
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- 0
Mar 2022
- 17
- Cash from Investing
- -6
- Cash from Financing
- -5
- 7
- Free Cash Flow
- 17
- OCF / Net Profit
- 0.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.23
- Cumulative 5-Year FCF
- 0
Mar 2023
- 23
- Cash from Investing
- -19
- Cash from Financing
- -4
- -0
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 0
Mar 2024
- -73
- Cash from Investing
- -82
- Cash from Financing
- 156
- 1
- Free Cash Flow
- -101
- OCF / Net Profit
- -0.49
- Cumulative 5-Year FCF
- -42
- OCF / Net Profit
- -0.49
- Cumulative 5-Year FCF
- -42
Mar 2025
- 30
- Cash from Investing
- 23
- Cash from Financing
- 2
- 56
- Free Cash Flow
- 25
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- -29
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- -29
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - |
| EPS (₹) | 53.22 | 61.16 | 59.42 | 63.96 | 21.95 | 27.00 | 32.82 |
| Book Value (₹) | 136.24 | 197.40 | 256.82 | 320.39 | 102.08 | 141.32 | 173.07 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 1.50 |
| Cash EPS (₹) | 13.48 | 15.49 | 15.05 | 16.38 | 22.38 | 27.96 | 34.32 |
| PROFITABILITY | - | - | - | - | - | - | - |
| Operating Margin % | 29.18% | 32.09% | 32.37% | 32.58% | 29.92% | 27.06% | 26.27% |
| Net Margin % | 19.97% | 22.75% | 22.49% | 22.26% | 21.31% | 20.85% | 19.38% |
| ROE % | 39.06% | 36.66% | 26.16% | 22.16% | 24.10% | 23.72% | 20.88% |
| ROCE % | 42.46% | 43.39% | 36.06% | 30.00% | 31.81% | 32.34% | 28.43% |
| 22.11% | 23.70% | 20.08% | 17.52% | 19.86% | 21.32% | 19.05% | |
| EFFICIENCY | - | - | - | - | - | - | - |
| Debtor Days | 42 | 42 | 75 | 118 | 101 | 97 | 119 |
| Inventory Days | 31 | 40 | 46 | 47 | 58 | 48 | 27 |
| Payable Days | 62 | 64 | 63 | 61 | 31 | 8 | 5 |
| 10 | 17 | 58 | 104 | 128 | 137 | 141 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.33x | 0.08x | 0.00x | 0.11x | 0.00x | 0.00x | 0.01x |
| Interest Coverage (x) | 34.94x | 34.64x | 22.37x | 18.90x | 52.02x | 93.65x | 67.08x |
| 2.60x | 3.84x | 5.34x | 3.67x | 6.25x | 9.53x | 9.41x | |
| GROWTH | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 0.88% | -2.81% | 10.01% | 43.40% | 48.56% | 30.76% |
| Operating Profit Growth % | 0.00% | 10.96% | -0.84% | 9.48% | 31.69% | 44.99% | 23.09% |
| Net Profit Growth % | 0.00% | 14.93% | -2.85% | 7.65% | 37.29% | 45.33% | 21.55% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 23.00% | 21.55% | |
| VALUATION | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.87x | 18.83x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.84x | 3.57x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.50% | 0.24% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.12x | 12.71x |
Mar 2019
- EPS (₹)
- 53.22
- Book Value (₹)
- 136.24
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.48
- Operating Margin %
- 29.18%
- Net Margin %
- 19.97%
- ROE %
- 39.06%
- ROCE %
- 42.46%
- 22.11%
- Debtor Days
- 42
- Inventory Days
- 31
- Payable Days
- 62
- 10
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 34.94x
- 2.60x
- 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 2020
- EPS (₹)
- 61.16
- Book Value (₹)
- 197.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.49
- Operating Margin %
- 32.09%
- Net Margin %
- 22.75%
- ROE %
- 36.66%
- ROCE %
- 43.39%
- 23.70%
- Debtor Days
- 42
- Inventory Days
- 40
- Payable Days
- 64
- 17
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 34.64x
- 3.84x
- Revenue Growth %
- 0.88%
- Operating Profit Growth %
- 10.96%
- Net Profit Growth %
- 14.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 59.42
- Book Value (₹)
- 256.82
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.05
- Operating Margin %
- 32.37%
- Net Margin %
- 22.49%
- ROE %
- 26.16%
- ROCE %
- 36.06%
- 20.08%
- Debtor Days
- 75
- Inventory Days
- 46
- Payable Days
- 63
- 58
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 22.37x
- 5.34x
- Revenue Growth %
- -2.81%
- Operating Profit Growth %
- -0.84%
- Net Profit Growth %
- -2.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 63.96
- Book Value (₹)
- 320.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 16.38
- Operating Margin %
- 32.58%
- Net Margin %
- 22.26%
- ROE %
- 22.16%
- ROCE %
- 30.00%
- 17.52%
- Debtor Days
- 118
- Inventory Days
- 47
- Payable Days
- 61
- 104
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 18.90x
- 3.67x
- Revenue Growth %
- 10.01%
- Operating Profit Growth %
- 9.48%
- Net Profit Growth %
- 7.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 21.95
- Book Value (₹)
- 102.08
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 22.38
- Operating Margin %
- 29.92%
- Net Margin %
- 21.31%
- ROE %
- 24.10%
- ROCE %
- 31.81%
- 19.86%
- Debtor Days
- 101
- Inventory Days
- 58
- Payable Days
- 31
- 128
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 52.02x
- 6.25x
- Revenue Growth %
- 43.40%
- Operating Profit Growth %
- 31.69%
- Net Profit Growth %
- 37.29%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 27.00
- Book Value (₹)
- 141.32
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 27.96
- Operating Margin %
- 27.06%
- Net Margin %
- 20.85%
- ROE %
- 23.72%
- ROCE %
- 32.34%
- 21.32%
- Debtor Days
- 97
- Inventory Days
- 48
- Payable Days
- 8
- 137
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 93.65x
- 9.53x
- Revenue Growth %
- 48.56%
- Operating Profit Growth %
- 44.99%
- Net Profit Growth %
- 45.33%
- 23.00%
- P/E (x)
- 14.87x
- P/B (x)
- 2.84x
- Dividend Yield %
- 0.50%
- 10.12x
Mar 2025
- EPS (₹)
- 32.82
- Book Value (₹)
- 173.07
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 34.32
- Operating Margin %
- 26.27%
- Net Margin %
- 19.38%
- ROE %
- 20.88%
- ROCE %
- 28.43%
- 19.05%
- Debtor Days
- 119
- Inventory Days
- 27
- Payable Days
- 5
- 141
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 67.08x
- 9.41x
- Revenue Growth %
- 30.76%
- Operating Profit Growth %
- 23.09%
- Net Profit Growth %
- 21.55%
- 21.55%
- P/E (x)
- 18.83x
- P/B (x)
- 3.57x
- Dividend Yield %
- 0.24%
- 12.71x
Documents
Announcements
- Updates
2026-08-21 - Ems Limited has informed the Exchange Regarding Release of Pledged Shares of Mr. Ramveer Singh, Promoter of the company in compliance with Regulation 31(1) & 31(2) of SEBI (SAST) Regulations, 2011
- General Updates
2026-08-20 - Ems Limited has informed the Exchange about Receipt of Lowest Bidder (L-1) Status received from Public Health engineering department, Government of Rajasthan for work of approximately 222 Crores
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jun 2026
Feb 2026