EMA Partners India Q1 FY27 Share Price & Earnings Call Analysis

₹84.95+1.92% today
Market cap
₹197 Cr
P/E
15.49
ROE
8.75%
PEG
0.25
Price to sales
2.27
Debt to equity
0.00
52W high / low
₹103 / ₹68.8
EBITDA margin
16.61%
Net profit margin
14.58%
Promoter holding
65.76%
Sales (last year)
₹87 Cr

Incorporated in 2003, EMA Partners India Limited is an executive search firm offering specialized hiring solutions.[1]

Guidance scorecard · Q1 FY27 call

What EMA Partners India Ltd's management guided
and where it ranks in Commercial Services & Supplies

#34of 38 in
Commercial Services & Supplies

RevenueQ4 FY26 call

10–20%
  • Core business is expected to grow at an 18% to 20% CAGR over the next few years.
  • Long-term revenue target for FY27 is around INR 100 crore (organic growth basis).
  • Growth driven by a combination of increasing number of jobs closed and higher ticket sizes, particularly in Executive Search.
  • New business segments (James Douglas, MyRCloud) are positioned for rapid scale-up targeting significant addressable markets (TAM ~ INR 10,500 crores by 2029-30 for mid-to-senior level hiring).
  • New businesses expected to turn EBITDA positive within the current financial year, contributing to overall growth.
  • The company focuses on solutions selling with a strong brand and extensive client network to acquire higher-end, better-fee paying customers.

2 more points from EMA Partners India Ltd's call on revenue

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Full Q4 FY26 analysis

MarginsQ4 FY26 call

Flat

See what EMA Partners India Ltd said on margins — free account, 30 seconds.

Full Q4 FY26 analysis

CapexQ4 FY26 call

Planned
  • The company is making ongoing investments primarily in new businesses, especially the James Douglas business and MyRCloud platform.
  • Investments are largely focused on hiring and ramping up teams (around 30 fresh resources hired across India and the Middle East).
  • These investments are front-loaded employee costs flowing through the P&L rather than capital expenditures.

2 more points from EMA Partners India Ltd's call on capex

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Full Q4 FY26 analysis

FundraisingQ4 FY26 call

See what EMA Partners India Ltd said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

  • EMA Partners worked with over 160 clients during the year, indicating an active client base.
  • The company has ramped up new businesses (James Douglas in India and Middle East) with around 30 new hires.
  • Early signs of operating leverage indicate that revenue growth is outpacing employee cost growth in new verticals.
  • The company is positive about growth prospects in both core Executive Search and new mid-to-senior level hiring businesses.

2 more points from EMA Partners India Ltd's call on the order book

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Full Q4 FY26 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Commercial Services & Supplies
on management's own guidance

  1. Strong growth
    2
  2. 1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Commercial Services & Supplies companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,470 Cr162.7
240%+Up 2%+₹41 Cr6.6
340%+Flat₹556 Cr40.0
440%+Flat₹102 Cr10.4
520–40%Up 2%+₹3,473 Cr40.9
620–40%Up 0–2%₹872 Cr13.3

Sign up free to see every company in the sector ranking and track EMA Partners India Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Commercial Services & Supplies ranking

Financials of EMA Partners India Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of EMA Partners India Ltd

Quarterly Results

Quarter-by-quarter operating performance

No quarterly results data available for this company yet.

Financials of EMA Partners India Ltd

Profit & Loss

Annual income statement trend

Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +5750677487
Expenses +4346516173
Operating Profit144171314
OPM %25%8%25%18%16%
Other Income +11253
Interest00010
Depreciation11122
Profit before tax144171615
Tax %17%25%12%21%18%
Net Profit +113151212
EPS in Rs225.4072.59337.435.425.30
Dividend Payout %0%0%0%0%0%

Financials of EMA Partners India Ltd

Balance Sheet

Capital structure and asset base

Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.050.040.041212
Reserves394054126142
Borrowings +41811
Other Liabilities +1513151616
Total Liabilities585377154171
Fixed Assets +109132020
CWIP00800
Investments7894446
Other Assets +41354791105
Total Assets585377154171

Financials of EMA Partners India Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +831213-1
Cash from Investing Activity +-3-1-18-7928
Cash from Financing Activity +-1-6763-1
Net Cash Flow4-41-427
Free Cash Flow72011-4
CFO/OP81%100%77%122%43%

Financials of EMA Partners India Ltd

Ratios

Working capital efficiency and return ratios

Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days899210265106
Inventory Days
Days Payable
Cash Conversion Cycle899210265106
Working Capital Days7213424256
ROCE %9%32%13%10%

Guidance history

How EMA Partners India Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY26 call →10–20%FlatPlanned——
Q2 FY26 call →10–20%FlatPlanned—Rising
Q3 FY25 call →20–40%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

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