| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 157 | 239 | −34.2% |
| EBITDA | 26.0 | 54.1 | −51.9% |
| EBITDA margin | 16.6% | 22.7% | −6.1 pts |
| Profit before tax | 21.1 | 50.8 | −58.5% |
| Net profit | 15.5 | 38.1 | −59.3% |
| EPS | ₹2.79 | ₹6.82 | −59.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 |
|---|
| 1,614 | — | — | — | |
| 17.2 | 17.2 | 94.3 | 72.3 | |
| 2.9 | 2.9 | 2.6 | 2.4 | |
| 154 | 154 | 85.9 | 70.7 | |
| 1,754 | — | — | — | |
| 651 | 733 | 966 | 793 | |
| — | −24.1% | +21.7% | — | |
| 111 | 140 | 251 | 204 | |
| 17.1% | 19.2% | 26.0% | 25.7% | |
| 101 | 130 | 242 | 197 | |
| 68.6 | 91.2 | 184 | 153 | |
| 10.5% | 12.5% | 19.0% | 19.2% | |
| ₹12.27 | ₹16.30 | ₹33.05 | ₹27.44 | |
| — | −50.7% | +20.4% | — | |
| — | −14.9 | 33.5 | −116 | |
| — | −72.8 | −6.3 | −32.9 | |
| −87.7 | −87.7 | 27.2 | −149 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|
| Market Capitalization | — | — | — | 1,614.0 | |
| - Cash, Equiv & ST Investments | 72.3 | 94.3 | 17.2 | 17.2 | |
| + Minority Interest | 2.4 | 2.6 | 2.9 | 2.9 | |
| + Total Debt | 70.7 | 85.9 | 154.2 | 154.2 | |
| Enterprise Value | — | — | — | 1,753.9 | |
| Revenue | 793.3 | 965.8 | 732.7 | 650.6 | |
| Growth %, YoY | — | +21.7 | -24.1 | — | |
| EBITDA | 203.8 | 251.2 | 140.4 | 111.3 | |
| Margin % | 25.70 | 26.01 | 19.16 | 17.10 | |
| EBIT | 197.3 | 241.5 | 130.2 | 101.5 | |
| Net Income | 152.7 | 183.8 | 91.2 | 68.6 | |
| Margin % | 19.24 | 19.03 | 12.45 | 10.55 | |
| EPS, Adj (current shares) | 27.44 | 33.05 | 16.30 | 12.27 | |
| Growth %, YoY | — | +20.4 | -50.7 | — | |
| Cash from Operations | -116.0 | 33.5 | -14.9 | — | |
| Capital Expenditures | -32.9 | -6.3 | -72.8 | — | |
| Free Cash Flow | -148.9 | 27.2 | -87.7 | -87.7 | |
Prices at the previous close · figures from the company's filings with NSE
EMS (NSE: EMSLIMITED) had a market capitalisation of ₹1,614 crore at the previous close (₹290.65 a share), a PE ratio of 23.7 on the last four quarters' profit and a price-to-book ratio of 1.53. In FY26 its consolidated net profit was ₹90.5 crore on revenue of ₹733 crore; in Q1 FY27 (April–June 2026) it was ₹15.5 crore, down 59.1% year on year. Its debt-to-equity ratio was 0.15 on 31 March 2026. Promoters held 69.70% of the shares on 30 September 2026.
EMS's PE ratio is 23.7 at the previous close (₹290.65 a share): a market capitalisation of ₹1,614 crore divided by consolidated net profit of ₹68.1 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹90.5 crore) it is 17.8.
EMS's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,055 crore on 31 March 2026, up 8.2% from ₹976 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,614 crore at the previous close.
EMS's book value per share was ₹190.06 on 31 March 2026: shareholders' equity of ₹1,055 crore divided by the 5.55 crore shares in issue, up 8.2% from ₹175.70 a year earlier. The share price at the previous close was ₹290.65.
EMS's price-to-book (PB) ratio is 1.53 at the previous close: a market capitalisation of ₹1,614 crore divided by shareholders' equity (book value) of ₹1,055 crore on 31 March 2026. That is a book value of ₹190.06 per share against a share price of ₹290.65.
No. EMS had borrowings of ₹154 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.15. Its cash and current investments were ₹59 crore, so its net debt was ₹95.3 crore.
In FY26, EMS's return on equity (ROE) was 8.9% and its return on capital employed (ROCE) was 11.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 20.7% and ROCE 24.7%.
EMS's market capitalisation was ₹1,614 crore at the previous close: 5.55 crore shares at ₹290.65 each.
EMS's debt-to-equity ratio was 0.15 on 31 March 2026: borrowings of ₹154 crore against total equity of ₹1,058 crore. A year earlier, on 31 March 2025, it was 0.09.
EMS's basic earnings per share (EPS) were ₹16.30 in FY26, against ₹33.05 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹12.27.
EMS's dividend yield is 0.52% at the previous close: dividends of ₹1.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹290.65. They were ₹1.50 on 18 September 2026.
In 2026, EMS has declared one dividend: ₹1.50 with record date 19 September 2026 and ex-date 18 September 2026.
In FY26, EMS generated ₹14.9 crore of cash from operations and spent ₹72.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹87.7 crore. In FY25 it was ₹27.2 crore.
Promoters held 69.70% of EMS on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
EMS's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹15.5 crore, down 59.1% from ₹37.9 crore in Q1 FY26; revenue from operations ₹157 crore, down 34.2% year on year.
EMS has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On 30 September 2026, EMS's shares were held by promoters 69.70%, foreign portfolio investors (FII/FPI) 0.44%, domestic institutions (DII) 0.02% (including mutual funds at 0.00%) and retail and other non-institutional investors 29.83%. Over the year, FII holding was up 0.29 percentage points from 0.15% and DII holding was down 0.33 percentage points from 0.35%.
On FY26 consolidated figures, against Antony Waste Handling Cell, Concord Enviro Systems and Race Eco Chain: EMS's operating margin of 17.8% is the highest of the four (Antony Waste Handling Cell 11.4%, Concord Enviro Systems 3.6%, Race Eco Chain 2.0%; peer average 5.7%); its return on equity of 8.9% is the third highest of the four (Antony Waste Handling Cell 10.8%, Concord Enviro Systems 3.6%, Race Eco Chain 10.0%; peer average 8.1%).
In FY26, EMS earned net profit of ₹90.5 crore on revenue of ₹733 crore, against ₹75.4 crore on ₹1,053 crore for Antony Waste Handling Cell. EMS's operating margin was 17.8% (Antony Waste Handling Cell 11.4%) and its return on equity 8.9% (Antony Waste Handling Cell 10.8%).
In FY26 (April 2025–March 2026), EMS's consolidated net profit was ₹90.5 crore, down 50.7% from ₹184 crore in FY25, on revenue from operations of ₹733 crore (down 24.1%).
From EMS's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.