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EMS Limited

EMSLIMITEDNSE
Market snapshot · 2026-08-11 12:25 UTC

393.90

₹-4.95 (-1.24%)

MARKET CAP

₹2.19K Cr

STOCK P/E

24.2x

52W HIGH

₹593.85

52W LOW

₹256.05

BOOK VALUE

₹190.06

EPS

₹16.31

ROE

8.96%

SECTOR

Industrials

DEBT/EQUITY

14.58

VOLUME

1.18L

P/B RATIO

2.07x

PEG RATIO

Sector

Industrials

Themes

Construction & EngineeringWaste Management
D
Dividend
₹574.75₹498.69₹422.63₹346.56₹270.50VolumeDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

EMS Limited is an Indian construction and engineering company focused on water, wastewater, and domestic waste treatment facilities. Its revenue also comes from electrical transmission and distribution, road and allied works, and water-supply projects for government authorities. Turnkey collection, treatment, disposal services and manufactured construction items support project execution. No major recent development provides a clear catalyst for revenue or margin expansion. Revenue declined 24.7% year-on-year, while profit fell 50.7%; stable margins indicate earnings pressure mainly reflects lower execution volumes. ROE is 9.0%, while debt/equity of 14.57 indicates severe leverage, magnifying financial risk and depressing shareholder returns. At 24.8x earnings, valuation appears fair against current growth, but remains demanding given contraction and high leverage. The key open question is whether government water projects can restore growth without further balance-sheet strain.

Valuation Metrics

Trading 23.5% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.81). Confidence: 68%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Undervalued

5Y Average

32.79

Current

24.15

Overvalued

39.52

Undervalued

25.12

EV/EBITDA
Strongly Undervalued

5Y Average

22.37

Current

16.47

Overvalued

25.88

Undervalued

17.20

P/B
Strongly Undervalued

5Y Average

2.47

Current

2.07

Overvalued

2.84

Undervalued

2.10

Peers & Comparison

Sector: Industrials · Theme: Construction & Engineering

Construction & Engineering Peers8 peers
Avg P/E: 26.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
POWER MECH PROJECTS LTD.
POWERMECHConstruction & Engineering
+13.9%6.0%
21.7x
Undervalued
-19% vs avg
-16.6%
AJAX ENGINEERING LIMITED
AJAXENGGConstruction & Engineering
+1.7%10.8%
28.9x
Fair
+8% vs avg
-20.9%
CEIGALL INDIA LIMITED
CEIGALLConstruction & Engineering
+37.1%7.8%
19.0x
Undervalued
-29% vs avg
+30.0%
AHLUWALIA CONT IND LTD
AHLUCONTConstruction & Engineering
+8.8%5.8%
20.8x
Undervalued
-22% vs avg
-12.7%
NCC LIMITED
NCCConstruction & Engineering
+1.7%3.2%
13.4x
Undervalued
-50% vs avg
-34.3%
G R INFRAPROJECTS LIMITED
GRINFRAConstruction & Engineering
+40.1%11.0%
9.3x
Undervalued
-65% vs avg
-29.6%
AXISCADES TECH LTD
AXISCADESConstruction & Engineering
+1.5%6.2%
94.4x
Premium
+252% vs avg
+25.5%
PNC INFRATECH LTD.
PNCINFRAConstruction & Engineering
-5.1%15.5%
6.8x
Undervalued
-75% vs avg
-26.4%
WHY THESE PEERS

EMS LIMITED trades in line with peers (24.5x vs avg 26.8x), reflecting a fair valuation within the Construction & Engineering cohort. Peers include POWER MECH PROJECTS LTD., AJAX ENGINEERING LIMITED, CEIGALL INDIA LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Financial chart data is not available for this company right now.

Results

Income statement data not available.

All values in ₹ Crores unless otherwise stated. Source: Company filings.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters69.70%69.70%69.70%69.70%69.70%
FII0.19%0.17%0.15%0.21%0.41%
DII0.61%0.38%0.33%0.02%0.02%
Public24.85%25.08%25.57%25.94%25.89%
Others4.65%4.67%4.25%4.13%3.98%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 06, 2026PDFCompany Reports Open

Board Meeting Intimation for Intimation Of Board Meeting To Be Held On August 12, 2026

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Updates on Acquisition

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Jul 25, 2026PDFCompany Reports Open