EMS Ltd wins order worth Rs 10,284.76 lakhs from UP Jal Nigam
EMS Limited has secured a Letter of Acceptance from UP Jal Nigam (Urban), Varanasi, for a sewer network project worth Rs. 10,284.76 lakhs. The project involves laying sewer networks and providing house connections in 18 problematic wards of Nagar Nigam Varanasi on a turnkey basis. The execution period is set for 24 months.

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EMS Limited has received the Letter of Acceptance (LOA) from UP Jal Nigam (Urban), Varanasi, for laying sewer networks and house connections in 18 problematic wards of Nagar Nigam Varanasi. The estimated order value is Rs. 10,284.76 lakhs (excluding GST). The project scope includes surveying, soil investigation, design, and supply of materials for laying and jointing of sewer networks and providing sewer house connections on a turnkey basis. This order follows the company's previous intimation regarding the L-1 status and strengthens its order book in the water infrastructure sector.
The disclosure was submitted to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. EMS Limited confirmed that the order is from a domestic entity and that neither the promoter, promoter group, nor any group companies hold interests in the entity awarding the contract. The transaction does not qualify as a related party transaction.
Key Project Details
The following table summarises the key parameters of the awarded project:
| Particulars | Details |
|---|---|
| Entity Awarding Order: | UP Jal Nigam (Urban), Varanasi |
| Nature of Order: | Surveying, Soil Investigation, Design and Supply of all materials, labour, T&P etc. for Laying of Sewer Networks and House Connection Work in 18 Problematic Wards (4 Wards namely- Shivpurwa, Tulasipur, Birdopur and Kajipura out of 18 problematic Wards) of Nagar Nigam, Varanasi on turn Key basis |
| Scope: | I. Laying & Jointing of Sewer Network. II. Providing Sewer House Connection |
| Order Value: | Rs. 10,284.76 lakhs (excluding GST) |
| Execution Period: | 24 months |
| Category: | Domestic Entity (LOA) |
The project is scheduled for completion within 24 months from the date of execution. EMS Limited noted that the order details are as per the contract terms and that the exchanges will be updated upon receipt of the formal Letter of Award and any further developments.
Historical Stock Returns for EMS
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.16% | -2.96% | +2.13% | +22.98% | -35.59% | +48.93% |
How will this significant order impact EMS Limited's revenue projections for the next two fiscal years?
Does the company have the existing financial bandwidth to fund this project, or will it require additional working capital?
Could this successful execution in Varanasi lead to similar contracts from other municipal bodies in Uttar Pradesh?


































