EMS Limited , a Ghaziabad-based multi-disciplinary EPC company, has reported its financial results for the first half of fiscal year 2026, showing a decline in profits due to prolonged rainfall affecting operations.

H1 FY26 Performance

For the half-year ended September 30, 2025, EMS Limited reported:

• A 24.27% decrease in standalone net profit to Rs. 65.41 crore
• Revenue dropped by 18.20% to Rs. 355.68 crore

The decline in performance was primarily attributed to prolonged rainfall disrupting sewerage construction activities.

Impact of Monsoon on Operations

Mr. Ramveer Singh, Chairman of EMS Ltd, explained that heavy and continuous rainfall created significant disruptions and delays in project execution, resulting in lower revenue generation. The prolonged and intense precipitation severely affected on-ground construction activities, especially sewerage work. Excavation sites became waterlogged, and work progress was repeatedly interrupted.

New Project Awards

Despite the challenges, EMS Ltd announced receiving two significant Letter of Awards:

1. A project valued at Rs. 104.06 crore (excluding GST) from UP Jal Nigam (Urban) for the Agra Water Supply Reorganization Scheme, to be executed within 24 months.

2. A project valued at Rs. 183.81 crore (excluding GST) from UP Jal Nigam (Urban) for the construction of various components for the Fatehpur Sewerage and sewage treatment scheme, also to be executed within 24 months.

The total value of these new project awards amounts to Rs. 288.87 crore.

New CEO Appointment

In a significant management change, EMS Limited has appointed Harish Kumar Kansal as the new Chief Executive Officer (CEO) of the company.

Looking Ahead

With improved weather conditions, the company has resumed full-scale operations with its complete manpower at all sites. EMS Ltd expects to deliver progressive works on a continuous basis with satisfactory progress. The management anticipates improved performance as weather conditions normalize.

EMS Limited continues to focus on its core competencies in EPC and O&M services for sewerage solutions, water supply systems, and wastewater schemes, along with its interests in electricity transmission and distribution across various states in India.

EMS Limited has announced a significant contract win, securing an order worth ₹184 crore from UP Jal Nigam (Urban). This development marks a substantial milestone for the company in the infrastructure sector.

Order Details

The company has received a Letter of Acceptance (LOA) for a tender from UP Jal Nigam (Urban), following its earlier intimation of receiving the lowest bidder (L1) status. The order specifics are as follows:

Project Significance

This order is part of the Fatehpur Sewerage and sewage treatment scheme, highlighting EMS Limited's role in developing crucial urban infrastructure. The project aims to improve the sewerage system in Fatehpur, potentially enhancing the quality of life for local residents and contributing to better urban sanitation.

Financial Implications

The secured order, valued at ₹183.81 crore (excluding GST), represents a significant addition to EMS Limited's order book. This contract is expected to positively impact the company's revenue stream over the next two years, aligning with the project's 24-month execution timeline.

Market Position

This contract win may strengthen EMS Limited's position in the infrastructure sector, particularly in water and sewage management projects. It demonstrates the company's competitive edge in securing government contracts and its capability to undertake large-scale urban development projects.

Conclusion

The ₹184 crore order from UP Jal Nigam marks a notable achievement for EMS Limited, potentially boosting its market presence and financial outlook. As the company embarks on this significant project, stakeholders will likely keep a close watch on its execution and the impact on EMS Limited's overall performance in the coming quarters.