Skip to main content
Swing Capital

EMS Ltd

NSE: EMSLIMITED BSE: 543983Infra

EMS Limited is a multi-disciplinary EPC company, headquartered in Delhi that specializes in providing turnkey services in water and wastewater collection, treatment and disposal. EMS provides complete, single-source services from engineering and design to construction and installation of water, wastewater and domestic waste treatment facilities.[1]

₹312
52W: ₹256 — ₹683
PE 13.5 · Book ₹185 · +69% vs book
Market Cap₹1,734 Cr
Stock P/E13.5Price to Earnings
ROCE28.4%Return on Capital
ROE20.9%Return on Equity
Div. Yield0.47%Face Value ₹10

Strengths

  • +Company is almost debt free.
  • +Company has delivered good profit growth of 20.6% CAGR over last 5 years

Weaknesses

  • −Promoter holding has decreased over last 3 years: -30.3%

Shareholding Pattern

Promoters69.7%
FIIs0.41%
DIIs0.04%
Public29.84%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters69.7%69.7%69.7%69.7%69.7%69.7%69.7%69.7%
FIIs0.88%0.75%▼0.10.66%▼0.10.19%▼0.50.17%▼0.00.15%▼0.00.21%▲0.10.41%▲0.2
DIIs1.58%1.08%▼0.50.4%▼0.70.61%▲0.20.4%▼0.20.35%▼0.10.04%▼0.30.04%
Public27.84%28.46%▲0.629.24%▲0.829.51%▲0.329.72%▲0.229.79%▲0.130.05%▲0.329.84%▼0.2

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales196177234204231242266211144169
Expenses141132169154163172204160109142
Operating Profit55456550687062513527
OPM %28%25%28%24%29%29%23%24%24%16%
Net Profit45374637505046372818
EPS ₹8.076.638.346.638.929.048.236.735.053.2

AI Insights

Revenue Trend

TTM revenue at ₹790Cr, down 16% YoY. OPM at 22%.

Debt Position

Borrowings at ₹36Cr. Debt-to-equity ratio: 0.04x. Healthy balance sheet.

Institutional Flow

DIIs: 0.04% (-1.74pp change). FIIs: 0.41% (-6.82pp change). Promoters hold 69.7%.

Margin & Efficiency

ROCE improving from 0% (Mar 2020) to 28% (Mar 2025). Working capital days: 194.

Valuation

PE 13.5x with 28.4% ROCE. Price is 69% above book value of ₹185. Dividend yield: 0.47%.

Recent Announcements