| Market Cap | ₹2,451.68 CrSmall Cap |
|---|---|
| Execution Period | 24 MonthsContract Timeline |
| RSI | 60.36Neutral Zone |
| Order from | UP Jal Nigam (Urban), Varanasi |
| Execution period | 24 months |
| Deal value | ₹102.85 Cr |
| Share of market cap | 4.2% |
| Share of annual revenue | 14.0% |
Key highlights
- Received Letter of Acceptance for an estimated order value of ₹102.85 crore excluding GST
- Scope includes surveying, soil investigation, design, and supply for sewer networks
- Targeted infrastructure work in 18 problematic wards of Nagar Nigam, Varanasi
- Execution timeline established at 24 months on a turnkey basis
- Specific focus on wards including Shivpurwa, Tulasipur, Birdopur, and Kajipura
Project Scope and Timeline
The contract awarded to EMS Limited involves the surveying, soil investigation, and design for the laying of sewer networks and house connections. The project specifically addresses 18 problematic wards under the Varanasi Nagar Nigam, with a detailed focus on the wards of Shivpurwa, Tulasipur, Birdopur, and Kajipura. Valued at approximately ₹102.85 crore, the project will be executed on a turnkey basis.
The company is responsible for the supply of all materials, labor, and technical equipment required for completion. The stipulated execution period for this urban infrastructure enhancement is 24 months, continuing the company's involvement with UP Jal Nigam.
Client and Strategic Importance
UP Jal Nigam (Urban), Varanasi, functions as the principal agency for water supply and sewerage services in the state of Uttar Pradesh. As the awarding entity, their engagement with EMS Limited underscores the company's established presence in the regional utilities sector. This order follows a prior intimation from June 2026 where EMS Limited was identified as the lowest bidder (L1) for this tender.
Securing this formal Letter of Acceptance solidifies the company's project pipeline in high-priority urban development zones and enhances its portfolio in the waste management and utilities sector within northern India.
Company Operations
- Specializes in sewerage solutions and water supply system installations
- Provides end-to-end turnkey services from design to commissioning
- Operates primarily within the water and wastewater management sector
- Engages in civil construction related to water treatment plants and pumping stations
- Maintains a high promoter holding of 69.7 percent as per recent filings
Financial Context and Market Position
EMS Limited currently maintains a market capitalization of ₹2,451.68 crore, with a trailing twelve-month revenue of ₹732.21 crore. Despite a recent period of contraction in annual net profit and revenue, the stock has shown significant short-term momentum with a 45.13 percent change over the last month. The company operates with a Price to Earnings ratio of 27.08, which is slightly below the sector average of 31.35.
This new contract represents roughly 14 percent of the company's TTM revenue, providing visibility for future earnings through the 2027-2028 fiscal years.
| Share price | ₹441.5 |
|---|---|
| Market capitalisation | ₹2,451.68 Cr |
| Revenue (annual) | ₹732.75 Cr |
| Net profit (annual) | ₹90.53 Cr |
| Revenue (latest quarter) | ₹120.50 Cr-39.86% vs previous quarter |
| Net profit (latest quarter) | ₹5.59 Cr-70.32% vs previous quarter |
| P/E (TTM) | 27.08×Sector 31.35× |
| Promoter holding | 69.7%0.00% QoQ |
| FII holding | 0.14%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by EMS Limited announcing the receipt of Letter of Acceptance from UP Jal Nigam (Urban), Varanasi. Market figures from a third-party data provider.
