EMS
EMS Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management said on revenue, margins and capex.
Top 10 Other Utilities companies on management guidance
See the sector's top 10 — free with your mobile number.
EMS Q3 FY26 key numbers
- Revenue
- Current order book stands at over Rs.2,200 crores as of December 2025.
As stated in EMS's Q3 FY26 earnings call transcript · published 16 Jul 2026. Reported figures, not investment advice.
The short version
Current order book stands at over Rs.2,200 crores as of December 2025. The company expects gradual recovery and growth starting Q4 FY26, with significant acceleration from Q1 FY27.
From EMS's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Current order book stands at over Rs.2,200 crores as of December 2025.
- Expected order inflow of around Rs.1,000 crores in the next 3-4 months, potentially increasing the order book to about Rs.3,000 crores by Q1 FY27.
- Company targets a 40%-50% growth in order book during FY26.
- Several large projects (totaling approx. Rs.1,100 crores) started in Q3, with revenues expected to ramp up in Q4 FY26 and Q1 FY27 as execution gains pace.
- Revenue recovery delayed due to rain and natural disasters in Uttarakhand affecting Q2 and Q3, but a strong rebound is expected post Q4 FY26.
2 more points from EMS's call on revenue
Create a free account to keep reading this call
Profitability & Margins
See what EMS said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- EMS Limited took over a factory near Kanpur (Fatehpur) from NCLT as collateral for non-fund based bank guarantees.
- Initial plan was not to run the factory, but it is operational, producing about 800-900 tons with potential to scale to 1,100+ tons next financial year.
- The factory is self-sufficient and not requiring further funding from the company.
- The company purchased the land and factory for about Rs.60 crores; the market value is now almost double.
- No plans for further investment in the factory unless profitability improves.
2 more points from EMS's call on capex
Create a free account to keep reading this call
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
- Current order book as of December 2025 stands at over Rs. 2,200 crores.
- Approximately Rs. 1,100 crores (around 50%) of this order book started execution in Q3, involving major projects in Kolkata, Ayodhya, Agra, and Fatehpur.
- The company is aggressively bidding, especially for Delhi Jal Board and other state projects under AMRUT 2.0, with a bidding pipeline of around Rs. 4,000 crores.
- Expected order inflow over the next 3-4 months is around Rs. 1,000 crores, potentially increasing the order book to about Rs. 3,000 crores by Q1 of the next financial year (FY27).
2 more points from EMS's call on order book
Create a free account to keep reading this call
EMS — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q3 FY26): revenue ₹200 Cr, net profit ₹19 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What EMS's management said in earlier quarters
Others in Other Utilities this season
- Apex Ecotech (Q3 FY26)
Q3 FY26 revenue alone exceeded the combined revenue of Q1 & Q2 FY26 by approximately 44% (Page 2). Key investor presentation takeaways from Apex Ecotech Ltd's Q
- Sattva Engineering Construction Ltd (Q3 FY26)
Revenue (Turnover) for the nine months ended 31 December 2025: ₹88 Crores . Key investor presentation takeaways from Sattva Engineering Construction's Q3 FY26 i
- Va Tech Wabag (Q3 FY26)
Emphasis on disciplined bidding to maintain 13%-15% EBITDA margins supports sustainable growth. Key concall takeaways from Va Tech Wabag's Q3 FY26 earnings…
- Enviro Infra (Q3 FY26)
INR 1,900 crores (Page 23). Key concall takeaways from Enviro Infra Engineers Ltd's Q3 FY26 earnings call — and how it ranks against sector peers.
Potential multibaggers · Q2 FY27
Potential multibaggers in Other Utilities
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
EMS and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were EMS Q3 FY26 results?
Current order book stands at over Rs.2,200 crores as of December 2025. The company expects gradual recovery and growth starting Q4 FY26, with significant acceleration from Q1 FY27.
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?
EMS Limited took over a factory near Kanpur (Fatehpur) from NCLT as collateral for non-fund based bank guarantees.
Keep EMS on your radar — track it to get its next earnings analysis in your feed.
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.