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EMS

EMSLIMITED NSE
₹304.70 No trade today
P/E
24.81
View as Markdown
MCP
Close 4 Nov 2026 ₹304.70 −170.25 −35.8% 1Y
Start ₹474.95

Key Fundamentals

MicrocapOther UtilitiesUtilities

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
12.80%
Debt to Equity
0.15
EPS (TTM)
₹12.28
Book Value
₹190.06
Market Cap
—
P/E (TTM)
24.81
P/B
1.60
ROE
8.91%
Dividend Yield
0.52%
EBITDA
₹153 Cr
52W High
₹517.25
52W Low
₹256.05
Volume
0

Peer Comparison

Utilities › Waste Management

EMS peer comparison
Refex Industries
₹222.3612.29₹3,025 Cr1.900.69%17.80%22.70%₹2,841 Cr₹248 Cr
EMS (this company)
₹304.7024.81₹1,635 Cr1.600.52%8.91%12.80%₹652 Cr₹68 Cr
Antony Waste Handling Cell
₹306.6014.89₹838 Cr1.180.17%10.90%11.20%₹1,067 Cr₹70 Cr
Effwa Infra & Research
₹330.50—₹762 Cr6.190.31%26.20%29.30%——
Namo eWaste Management
₹336.50129.42₹753 Cr7.460.00%14.90%21.30%₹66 Cr₹4 Cr
Z-Tech India
₹362.5014.20₹552 Cr2.560.00%18.30%20.00%₹164 Cr₹37 Cr
Median 6 companies₹318.5514.89₹800 Cr2.230.24%16.35%20.65%₹652 Cr₹68 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

48 Average

Data confidence 100/100

Category scores

Quality
49
Average
Returns, margins, earnings quality 22% weight
Valuation
46
Average
Cheap vs sector & own history 24% weight
Growth
6
Poor
Sales & profit trajectory 9% weight
Financial Health
85
Strong
Solvency, leverage, coverage 9% weight
Momentum
27
Poor
Trend strength, vol-adjusted 12% weight
Ownership
62
Good
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

2
  • Dividend payout has been low at 7.01% of profits over last 3 years
  • Company has high debtors of 193 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1054
OscillatorsNeutral252
Moving AveragesStrong Bearish802

Key readings

RSI (14)
44.44
Neutral
MACD (12,26,9)
−15.16
Bullish
SMA (50)
342.28
Bearish
SMA (200)
346.92
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+17.17%
3Y+10.76%
1Y−24.79%
TTM−34.14%

Net profit

Net profit growth by window
5Y+4.80%
3Y−5.84%
1Y−50.54%
TTM−63.44%

Operating cash flow

Operating cash flow growth by window
5YTurned negative
3YTurned negative
1YTurned negative
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y−10.35 pp
3Y−8.32 pp
1Y−7.29 pp
TTM−9.01 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2020₹326 Cr
Mar 2021₹331 Cr
Mar 2022₹360 Cr
Mar 2023₹538 Cr
Mar 2024₹793 Cr
Mar 2025₹972 Cr
Mar 2026₹731 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2020₹72.00 Cr
Mar 2021₹72.00 Cr
Mar 2022₹79.00 Cr
Mar 2023₹109 Cr
Mar 2024₹153 Cr
Mar 2025₹184 Cr
Mar 2026₹91.00 Cr

Quarterly Results

₹ Cr
EMSLIMITED quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
138
211
200
245
206
233
245
270
239
172
200
120
157
Expenses
106
154
153
178
156
165
174
205
185
136
170
102
131
Operating Profit
32
57
47
68
50
69
71
65
54
37
31
18
26
OPM %
23%
27%
23%
28%
24%
29%
29%
24%
23%
21%
15%
15%
17%
Other Income
1
8
6
1
2
2
3
2
2
5.39
3
3
2
Interest
2
2
1
2
1
1
1
2
3
3
3
4
5
Depreciation
1
1
1
3
2
2
3
3
3
2
3
3
2
PBT
31
62
51
64
49
67
70
63
51
36
27
15
21
Tax %
25%
26%
26%
26%
25%
26%
27%
25%
25%
23%
29%
61%
26%
Net Profit
23
45
37
47
37
50
51
47
38
28
19
6
15
EPS (₹)
4.82
8.15
6.72
8.53
6.68
8.94
9.09
8.39
6.82
5.09
3.39
1.01
2.79

Profit & Loss

₹ Cr
EMSLIMITED profit and loss, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
326
331
360
538
793
972
731
652
Expenses
230
232
247
388
589
712
588
539
Operating Profit
96
99
113
150
204
261
143
112
OPM %
30%
30%
31%
28%
26%
27%
20%
17%
Other Income
7
5
3
5
16
9
12
12
Interest
3
4
6
4
6
11
16
15
Depreciation
2
2
3
3
7
10
10
10
PBT
98
98
107
148
207
249
129
99
Tax %
26%
27%
27%
26%
26%
26%
29%
—
Net Profit
72
72
79
109
153
184
91
69
EPS (₹)
61.64
61.17
66.51
22.91
27.44
33.05
16.3
12.28
Div. Payout %
0%
0%
0%
0%
7%
5%
9%
—

Balance Sheet

₹ Cr
EMSLIMITED balance sheet, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
12
12
12
47
56
56
56
Reserves
218
290
368
444
743
920
1,000
Borrowings
16
4
4
45
71
86
154
Other Liabilities
62
73
119
103
101
104
121
Total Liabilities
308
378
503
639
970
1,165
1,331
Fixed Assets
31
36
51
54
94
96
123
CWIP
0
3
0
4
0
0
37
Investments
0
0
1
2
10
18
10
Other Assets
276
340
451
579
866
1,052
1,160
Total Assets
308
378
503
639
970
1,165
1,331

Cash Flow

₹ Cr
EMSLIMITED cash flow, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
47
36
23
4
−116
36
−15
Investing
−27
−8
−15
−21
−83
19
−60
Financing
−6
−11
3
38
176
−2
−2
Net Cash Flow
15
16
11
21
−23
54
−77
Free Cash Flow
21
27
9
−4
−140
30
−88
CFO/OP
50
36
20
31
−36
38
14

Ratios

EMSLIMITED financial ratios, annual
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
44
103
160
84
112
141
193
Inventory Days
—
—
—
—
—
27
163
Days Payable
—
—
—
—
—
8
24
Cash Conversion Cycle
44
103
160
84
112
160
333
Working Capital Days
125
183
219
137
180
186
297
ROCE %
—
37%
33%
33%
29%
27%
13%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view EMS insights

60 extracted metrics across FY12–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 69.70%
  • Public 25.92%
  • Others 3.91%
  • FIIs 0.44%
  • DIIs 0.02%

20.83% of promoter holding pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about EMS

What does EMS Ltd do?
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.
Where is EMS Ltd (EMSLIMITED) listed?
EMS Ltd trades as EMSLIMITED on the NSE and under code 543983 on the BSE.
Which sector does EMS Ltd belong to?
EMS Ltd is classified under the Utilities sector, in the Waste Management industry.
What is the PE ratio of EMS Ltd?
EMS Ltd trades at a PE ratio of 24.81 as of 4 Nov 2026, on earnings per share of ₹12.28, against a book value of ₹190.06 per share.
What is the 52-week high and low of EMS Ltd?
Over the last 52 weeks EMS Ltd has traded between ₹256.05 and ₹517.25 as of 4 Nov 2026.
Does EMS Ltd pay dividends?
EMS Ltd has a dividend yield of 0.52%.
What is the Return on Equity (ROE) of EMS Ltd?
EMS Ltd reported a return on equity of 8.91%. Its debt-to-equity ratio is 0.15.

Company Information

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.

Website ems.co.in
CEO Mr. Ramveer Singh
Employees 534
Listed 21 Sep 2023
Face Value ₹10

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