EMS Stocks Face Profitability Litmus Test in 2026, Says JP Morgan
JP Morgan has designated 2026 as a crucial year for India's EMS sector, emphasizing that stock recovery depends on companies demonstrating improved profitability after significant 2025 underperformance. The brokerage maintains overweight ratings on Syrma SGS Technology, Kaynes Technologies, and Dixon Technologies, while the sector's outlook hinges on mobile PLI scheme extension, ISM 2.0 rollout, and India-US trade deal progress.
EMS Limited announced Q1 FY26 results with standalone net profit up 1.46% to Rs 37.38 crore and revenue up 3.73% to Rs 211.32 crore. Consolidated performance showed stronger growth with net profit rising 2.42% to Rs 38.06 crore and revenue increasing 15.81% to Rs 238.89 crore. The company secured major contracts worth over Rs 11,880 crore, including sewerage and water supply projects. EMS plans to acquire 100% stake in EMS Realtech Private Limited. Weather-related delays in Uttarakhand impacted operations, but management remains confident about meeting annual growth targets.
17Jul 25
EMS Limited Secures ₹19.46 Crore Electrical Works Contract for Nagpur Multimodal Logistics Park
EMS Limited has received a Letter of Award for electrical works in the Multimodal Logistics Park (MMLP) project in Nagpur, Maharashtra. The contract, valued at approximately ₹19.46 crore, is part of the PM Gati Shakti-National Master Plan. Awarded by Deltabulk Shipping India Pvt Ltd., the project has a 7-month execution timeframe. Ashish Tomar, Managing Director & CFO of EMS Limited, confirmed the award, noting it's not a related party transaction.
28May 25
EMS Reports Q4 Results: Net Profit Dips Slightly, Revenue Grows
EMS Limited announced Q4 FY2024 results with consolidated revenue of ₹247.90 crore, up 5.27% QoQ. Net profit decreased 1.69% YoY to ₹46.60 crore. EBITDA fell to ₹60.80 crore with margin at 22.88%. Operating profit grew 51.92% YoY to ₹71.10 crore. Full-year revenue increased 48.92% to ₹809.10 crore, with net profit up 40.22% to ₹152.70 crore. EPS improved to ₹29.38. Company recommended a dividend of ₹1.50 per share.