EMS
EMS Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
EMS Limited targets a consistent annual revenue growth of 20% to 25%. EMS Limited expects to maintain a 20%+ year-on-year top-line growth, consistent with its 12-year CAGR.
From EMS's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- EMS Limited targets a consistent annual revenue growth of 20% to 25%.
- The company has historically achieved a CAGR of around 20% over 12 years, tripling revenue every 6 years.
- For FY '26, management expects revenue around INR 1,250 to INR 1,300 crores, up from INR 970 crores in FY '25.
- Despite a slow Q2 due to heavy monsoon rains affecting underground work, they expect strong execution and revenue ramp-up in Q3 and Q4.
- The company’s unexecuted order book is approximately INR 2,388 crores, with tenders worth about INR 4,000 crores in the pipeline.
2 more points from EMS's call on revenue
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Profitability & Margins
See what EMS said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
2 more points from EMS's call on capex
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Top-ranked in Other Utilities
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what EMS said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- EMS Limited's unexecuted order book stands at INR 2,388 crores as of FY '25 end.
- The company has a tender pipeline worth approximately INR 4,000 crores.
- Expectation to add around INR 500 to 600 crores of new orders in the current financial year.
- There is potential to secure an additional INR 1,000 crores from big projects in Madhya Pradesh, possibly within the current or next financial year.
2 more points from EMS's call on order book
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EMS — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹200 Cr, net profit ₹19 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What EMS Ltd's management said in earlier quarters
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Frequently Asked Questions
What were EMS Q2 FY26 results?
EMS Limited targets a consistent annual revenue growth of 20% to 25%. EMS Limited expects to maintain a 20%+ year-on-year top-line growth, consistent with its 12-year CAGR.
What is EMS share price analysis?
EMS currently shows a neutral. The stock trades at a P/E of 29.6 with a market cap of ₹2,014 Cr. Investors should review the full earnings analysis for detailed insights.
Is EMS planning capital expenditure?
The transcript does not mention any specific current or future capex, capital investment, or strategic investment plans by EMS Limited.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.