EMS Limited share price

EMS Limited constructs, designs, and installs water, wastewater, and domestic waste treatment facilities in India. It provides electrical transmission and distribution, road and allied works, operation and maintenance of water and wastewater treatment plants, and water supply scheme projects for government authorities. The company also offers turnkey services in water and wastewater collection, treatment, disposal, and manufactures own items which are used for construction purposes. EMS Limited was founded in 1998 and is based in Ghaziabad, India.Read more

Website NSE हिंदी में BSE

IndustrialsEngineering & ConstructionNSE: EMSLIMITEDISIN INE0OV601013

16 Oct 2026, 3:29 PM IST₹322.60▲ 1.60 (0.50%)

Market Cap₹ 1,791 Cr.
Current Price₹ 322.60
High / Low₹ 551 / 256
Stock P/E26.3
Book Value₹ 190
Dividend Yield0.47 %
ROCE11.3 %
ROE8.90 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 12.27
Price / Book1.70
OPM18.2 %
Debt / Equity0.15
Sales growth (3Y)10.8 %
Profit growth (3Y)-5.6 %
Promoter holding69.7 %
EV / EBITDA16.7
Beta0.36
All-time high₹ 1,016

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
EMSLIMITED	-10.95%	-25.50%	-5.88%	-25.66%	-39.99%	+0.43%	—
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

EMS Limited is in the Engineering & Construction industry (Industrials), with a market value of ₹1,791 crore.
It trades at 26.3 times its last 12 months' earnings and 1.7 times book value.
Revenue grew 10.8% a year over the last 3 years, profit -5.6% a year.
Return on equity was 8.9% and return on capital employed 11.3% in the latest year.
Debt was 0.15 times shareholders' equity.
The share price is 41.5% below its 52-week high and down 40.0% over one year.
Promoters and insiders hold about 69.7%; institutions about 0.3%.

Pros

Healthy return on equity of 17.7% on average over the last 3 years.
Borrowings are moderate at 0.15 times shareholders' equity.
Promoters hold a large stake of 69.70%.

Cons

Latest quarter (Jun 2026): profit fell 59% from a year ago.
Trades at 26.3 times earnings, above its 3-year median of 19.0.
Institutional (FII + DII) holding has fallen by 5.1 points over 3 years.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About EMS Limited

Employees: 624
Head office: Ghaziabad

IndustrialsEngineering & Construction

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	EMS	322.60	26.3	1,791	0.47	15	-59.30	157	-34.18	11.3	8.9	1.70	18.2	0.15	69.70	733	10.8
2.	Larsen & Toubro	3,627.10	30.1	4,99,040	1.05	4,988	15.51	67,942	6.69	14.6	15.5	4.57	9.5	1.15	14.83	2,85,874	16.1
3.	Rail Vikas Nigam	199.45	46.3	41,586	0.87	159	18.46	4,321	10.55	11.0	9.0	4.23	3.6	0.49	72.84	20,412	0.2
4.	Kalpataru Projects International	1,364.30	20.5	23,298	0.79	310	37.55	6,408	-9.32	19.9	14.6	3.00	7.2	0.46	33.70	26,911	18.4
5.	Cemindia Projects	1,197.70	34.2	20,575	0.25	141	24.23	2,721	7.45	37.1	28.2	8.57	8.5	0.42	72.42	10,061	25.5
6.	NBCC (India)	75.51	27.6	20,388	1.25	158	17.01	2,260	-5.51	34.3	26.2	6.79	5.8	0.00	61.75	12,889	12.9
7.	Engineers India	273.45	19.6	15,369	1.80	158	141.49	820	-5.80	28.1	23.8	4.90	16.8	0.01	51.37	3,928	5.7
8.	Sri Lotus Developers and Realty	246.25	41.1	12,035	0.21	89	90.93	269	52.51	16.7	16.7	5.91	36.3	0.07	79.87	769	66.4
9.	VA Tech Wabag	1,884.80	29.2	11,783	0.26	90	36.93	887	20.82	16.3	15.7	4.57	14.3	0.09	27.05	3,944	9.9
10.	Techno Electric & Engineering Company	946.60	25.5	11,009	0.74	93	-31.44	630	19.84	12.5	12.0	2.65	14.1	0.02	56.96	3,160	56.3
	Median: 38 Co.	634.60	26.4	5,278	0.23	149	21.34	1,573	7.07	16.5	10.9	2.65	9.0	0.12	59.36	7,002	11.0

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	211	200	245	206	233	245	266	239	172	200	120	157
YOY Sales Growth %					10.90%	22.92%	8.39%	15.81%	-26.13%	-18.32%	-54.67%	-34.18%
	153	153	178	156	165	174	205	185	136	170	102	131
Material Cost %	69%	72%	68%	70%	66%	66%	72%	69%	68%	73%	64%	71%
Employee Cost %	2%	2%	3%	3%	3%	3%	3%	4%	6%	6%	10%	6%
Other Expenses %	2%	2%	2%	2%	2%	2%	2%	4%	5%	6%	10%	6%
Operating Profit	57	47	68	50	69	71	61	54	36	31	18	26
OPM %	27%	23%	28%	24%	29%	29%	23%	23%	21%	15%	15%	17%
Other Income	8	6	1	2	2	3	6	2	5	3	3	2
Interest	2	1	2	1	1	1	2	3	3	3	4	5
Depreciation	1	1	3	2	2	3	3	3	2	3	3	2
Profit before tax	62	51	64	49	67	70	63	51	36	27	15	21
	27%	26%	26%	25%	26%	28%	25%	25%	23%	29%	61%	27%
Current tax	16	13	16	12	18	19	16	13	8	8	9	6
Deferred tax	-0	-0	0	-0	-0	-0	-0	-0	-0	-0	-0	-0
	45	37	47	37	50	51	47	38	28	19	6	15
Minority share	0	0	-0	0	0	0	0	0	-0	0	0	0
Profit to shareholders	45	37	47	37	50	50	47	38	28	19	6	15
YOY Profit Growth %					9.46%	35.17%	-0.97%	2.42%	-43.33%	-61.89%	-87.83%	-59.30%
EPS in Rs	9.39	7.37	9.14	6.68	8.94	9.09	8.39	6.82	5.08	3.39	1.01	2.79
Raw filing

₹ Cr	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	196	177	234	204	232	242	263	211	144	169	84	126
YOY Sales Growth %					18.33%	37.04%	12.37%	3.73%	-37.65%	-30.38%	-68.17%	-40.51%
	141	132	169	154	164	172	204	160	109	142	68	102
Material Cost %	69%	71%	68%	71%	67%	67%	73%	70%	67%	76%	65%	72%
Employee Cost %	2%	2%	3%	3%	3%	3%	3%	4%	6%	6%	13%	7%
Other Expenses %	1%	1%	1%	2%	1%	1%	1%	1%	2%	2%	4%	2%
Operating Profit	55	45	65	50	68	70	59	51	35	27	15	23
OPM %	28%	25%	28%	24%	29%	29%	23%	24%	24%	16%	18%	19%
Other Income	8	6	0	2	2	3	5	2	4	2	3	2
Interest	1	0	1	1	1	1	1	2	1	2	3	3
Depreciation	1	1	2	2	2	2	2	2	2	2	2	2
Profit before tax	61	50	62	49	67	69	61	50	36	25	14	20
	26%	26%	26%	25%	26%	28%	25%	25%	23%	30%	61%	27%
Current tax	16	13	16	12	18	19	15	13	8	8	9	6
Deferred tax	-0	-0	0	-0	-0	-0	-0	-0	-0	-0	-0	-0
	45	37	46	37	50	50	46	37	28	18	5	15
YOY Profit Growth %					10.59%	36.32%	-1.35%	1.46%	-43.41%	-64.57%	-88.45%	-59.80%
EPS in Rs	9.29	7.27	8.93	6.63	8.92	9.04	8.23	6.73	5.05	3.20	0.95	2.71
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2024	Mar 2025	Mar 2026	TTM
	793	966	733	651
YOY Sales Growth %		21.75%	-24.13%
	589	715	592	539
Material Cost %	69%	69%	69%	70%
Employee Cost %	3%	3%	6%	7%
Other Expenses %	2%	2%	6%	6%
Operating Profit	204	251	140	111
OPM %	26%	26%	19%	17%
Other Income	16	16	12	13
Interest	6	8	13	15
Depreciation	7	10	10	10
Profit before tax	207	249	129	99
	26%	26%	29%	31%
Current tax	54	66	39
Deferred tax	0	-0	-1
	153	184	91	69
Minority share	0	0	1	0
Profit to shareholders	152	184	91	68
YOY Profit Growth %		20.38%	-50.38%
EPS in Rs	29.38	33.05	16.30	12.27
Dividend Payout %	4%	3%	9%

Compounded Sales Growth

TTM:: -34%

Compounded Profit Growth

TTM:: -63%

Stock Price CAGR

3 Years:: 0%
1 Year:: -40%

Return on Equity

4 Years:: 19%
Last Year:: 9%

₹ Cr	Mar 2024	Mar 2025	Mar 2026	TTM
	719	941	608	523
YOY Sales Growth %		30.76%	-35.35%
	525	694	479	422
Material Cost %	68%	69%	70%	71%
Employee Cost %	3%	3%	6%	7%
Other Expenses %	1%	1%	2%	3%
Operating Profit	195	247	129	101
OPM %	27%	26%	21%	19%
Other Income	15	12	12	12
Interest	2	4	7	9
Depreciation	5	8	8	7
Profit before tax	203	247	126	96
	26%	26%	30%	31%
Current tax	53	65	38
Deferred tax	-0	-0	-1
	150	182	88	66
YOY Profit Growth %		21.55%	-51.46%
EPS in Rs	28.91	32.82	15.93	11.91
Dividend Payout %	4%	3%	9%

Compounded Sales Growth

TTM:: -45%

Compounded Profit Growth

TTM:: -64%

Stock Price CAGR

3 Years:: 0%
1 Year:: -40%

Return on Equity

4 Years:: 19%
Last Year:: 9%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	47	56	56	56
Reserves	444	743	920	1,000
	45	71	86	154
Long term borrowings	45	70	83	105
Short term borrowings		0	3	49
	103	101	104	121
Trade payables	17	12	22	37
Minority interest	2	2	3	3
Current liabilities	80	93	99	162
Total Liabilities	639	970	1,165	1,331
	43	79	73	132
Gross block	61	103	107	176
Accumulated depreciation	18	24	33	44
Goodwill & intangibles	6	6	6	15
CWIP	4	13	11	53
	592	878	1,081	1,145
Inventories	105	89	49	226
Trade receivables	124	243	377	387
Cash & equivalents	82	41	94	17
Current assets	400	592	749	812
Total Assets	639	970	1,165	1,331

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	4	-116	36	-15
Profit for the year	108	152	184	91
Working capital changes	-103	-276	-160	-121
Direct taxes paid	-42	-42	-62	-35
	-21	-83	19	-60
Fixed assets purchased	-9	-33	-6	-73
Fixed assets sold	1	9	0
Investments purchased	-16	-56	-8	-3
Investments sold			28	9
	38	176	-2	-2
Interest paid	-4	-6	-8	-13
Dividends paid		-6	-6	-8
Net Cash Flow	21	-23	54	-77
Free Cash Flow	-5	-149	30	-88

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	21.9%	23.6%	20.7%	8.9%
ROCE	26.5%	23.6%	23.6%	11.3%
Operating margin	27.3%	25.0%	25.8%	18.2%
Net margin	20.0%	19.2%	18.9%	12.4%
Debt / equity	0.09	0.09	0.09	0.15
Current ratio	5.01	6.34	7.55	5.03
Debtor days	84	112	141	193
Inventory days	107	59	27	160
Days payable	18	8	12	26
Cash conversion cycle	173	163	156	327
Working capital days	217	229	244	324

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 69.70%
FIIs 0.44%
DIIs 0.02%
Public 29.83%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	69.70%	69.70%	69.70%	69.70%	69.70%	69.70%	69.70%	69.70%	69.70%	69.70%	69.70%	69.70%
	4.09%	2.78%	0.88%	0.76%	0.66%	0.19%	0.17%	0.15%	0.21%	0.41%	0.14%	0.44%
Foreign portfolio investors (Cat. I)	4.05%	2.78%	0.82%	0.19%	0.15%	0.08%	0.07%	0.05%	0.11%	0.20%	0.04%	0.34%
Foreign portfolio investors (Cat. II)	0.04%		0.06%	0.56%	0.51%	0.11%	0.10%	0.10%	0.10%	0.21%	0.10%	0.10%
	1.45%	1.43%	1.58%	1.08%	0.40%	0.61%	0.40%	0.35%	0.04%	0.04%	0.05%	0.02%
Mutual funds			0.02%	0.09%	0.14%	0.32%	0.31%	0.31%
Alternative investment funds	1.45%	1.43%	1.56%	0.94%	0.26%	0.29%	0.07%	0.02%	0.02%	0.02%	0.03%	0.01%
	24.76%	26.08%	27.83%	28.46%	29.23%	29.50%	29.72%	29.80%	30.05%	29.85%	30.11%	29.83%
Retail (up to ₹2 lakh)	12.70%	14.04%	16.80%	19.87%	21.70%	22.16%	23.06%	23.13%	23.39%	23.43%	23.64%	23.68%
HNIs (above ₹2 lakh)	5.48%	5.41%	5.32%	4.17%	3.18%	2.69%	2.02%	2.44%	2.55%	2.46%	2.63%	2.24%
NRIs	0.39%	0.76%	0.94%	0.78%	1.01%	1.02%	0.95%	0.99%	0.94%	0.95%	0.94%	0.91%
Bodies corporate	4.65%	4.43%	3.36%	2.46%	2.22%	2.43%	2.45%	2.04%	1.92%	1.89%	1.70%	1.79%
No. of Shareholders	38,767	43,841	58,971	94,855	1,14,561	1,28,071	1,29,977	1,28,706	1,24,117	1,19,086	1,20,731	1,18,809

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 18 Sep 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

Trade with our broking desk

Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Open an account How it works

Latest news

In the news

No recent coverage found.

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about EMS Limited

What is the share price of EMS Limited today?

EMS Limited (EMSLIMITED) last traded at ₹322.60 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of EMS Limited?

About ₹1,791 crore at the latest price.

What is the P/E ratio of EMS Limited?

About 26.3 times its earnings over the last 12 months.

Is EMS Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy EMS Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

Talk to us

Have a question about this topic?

Tell us a little about your situation and an expert will call you back, usually within 2 hours on business days.

Get in touch

We typically respond within 2 hours on business days.

Call us

CA Amit Kumar Jain+91 93522 44475 Arihant Jain+91 80056 49698 Poornima Jain+91 92525 44475

Email ussupport@plenitude.co.in

WhatsAppChat with an expert

Visit us5C, Laxmi Colony, Near Bohra Ji Ka Bagh, Opp. Laxmi Mandir Cinema, Tonk Road, Jaipur, Rajasthan 302015

Mon–Sat · 10:00 AM – 7:00 PM IST

In your free consultation

A health check of your current investments
A goal-based plan for retirement, education or a home
Ways to save tax that fit your situation
Clear next steps, with zero pressure to invest

2,000+Investors

₹250 Cr+Client assets

15+ yrsExperience

AMFI Registered Mutual Fund Distributor · ARN-130934

Experts are available Mon–Sat, 10 AM – 7 PM

Book your free wealth consultation

100% free
No obligation
Reply within 2 hours

First name *

Last name *

Email *

Phone *

+91

I'm interested in *

Best day for a call

Preferred time

How can we help? (optional)

Upload your portfolio (optional, get a free expert review)Attach your portfolio statement · PDF, Excel or CSV (e.g. CAS), max 10 MB

I consent to being contacted by Plenitude Connect about financial services. My data will be handled as per the Privacy Policy.

Join 2,000+ investors who plan with Plenitude

Your details are private and never shared.

EMS Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About EMS Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about EMS Limited

Have a question about this topic?

Book your free wealth consultation

Request received!

What happens next