EMA Partners India Ltd
Incorporated in 2003, EMA Partners India Limited is an executive search firm offering specialized hiring solutions.[1]
- Market Cap ₹ 230 Cr.
- Current Price ₹ 99.0
- High / Low ₹ 159 / 96.5
- Stock P/E 117
- Book Value ₹ 44.2
- Dividend Yield 0.00 %
- ROCE 4.15 %
- ROE 2.97 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 122 to 63.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.83% over last 3 years.
- Earnings include an other income of Rs.4.51 Cr.
- Working capital days have increased from 302 days to 752 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
15.04 | 14.87 | 14.36 | 10.94 | |
10.72 | 11.39 | 13.02 | 11.30 | |
Operating Profit | 4.32 | 3.48 | 1.34 | -0.36 |
OPM % | 28.72% | 23.40% | 9.33% | -3.29% |
1.03 | 0.75 | 1.79 | 4.51 | |
Interest | 0.38 | 0.16 | 0.15 | 0.47 |
Depreciation | 0.66 | 0.65 | 0.73 | 1.25 |
Profit before tax | 4.31 | 3.42 | 2.25 | 2.43 |
Tax % | 28.54% | 18.71% | 26.67% | 18.52% |
3.08 | 2.77 | 1.65 | 1.97 | |
EPS in Rs | 61.60 | 65.50 | 39.02 | 0.85 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -10% |
TTM: | -24% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -12% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Equity Capital | 0.05 | 0.04 | 0.04 | 11.62 |
Reserves | 27.94 | 28.22 | 29.87 | 91.04 |
3.43 | 0.14 | 6.55 | 0.59 | |
4.07 | 4.47 | 3.91 | 5.75 | |
Total Liabilities | 35.49 | 32.87 | 40.37 | 109.00 |
8.96 | 8.53 | 9.65 | 17.12 | |
CWIP | 0.00 | 0.00 | 7.50 | 0.00 |
Investments | 8.73 | 10.25 | 10.00 | 21.00 |
17.80 | 14.09 | 13.22 | 70.88 | |
Total Assets | 35.49 | 32.87 | 40.37 | 109.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
0.81 | 5.57 | 0.84 | -1.67 | |
-1.84 | -1.72 | -8.57 | -62.84 | |
-0.49 | -5.79 | 6.41 | 63.32 | |
Net Cash Flow | -1.52 | -1.94 | -1.33 | -1.18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Debtor Days | 141.49 | 138.19 | 165.47 | 63.06 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 141.49 | 138.19 | 165.47 | 63.06 |
Working Capital Days | 65.04 | 54.74 | 98.11 | 752.02 |
ROCE % | 11.67% | 5.89% | 4.15% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
16 July 2025 - Scheduled analyst meeting with Param Capital on July 19, 2025, no price sensitive info shared.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
11 July 2025 - Compliance certificate confirming all shares in demat form; no rematerialisation requests Q2 2025.
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Shareholders meeting
7 July 2025 - Members approved EMA ESOS 2024 and 2025 with over 99.99% votes in favor via postal ballot.
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
30 June 2025 - EMA PARTNERS INDIA LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Resignation
30 June 2025 - CFO Mr. Manishkumar Dhanuka resigns effective June 30, 2025, due to health reasons.
Annual reports
No data available.
Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT
Business Model[1]
EMA Partners India Limited is an executive search firm specializing in leadership hiring solutions across multiple sectors. The business is supported by its subsidiaries operating in different geographies and serving distinct market segments.
Services Offered[2]
1. C-Suite and Board-Level Hiring: Through "EMA Partners" for India, the Middle East, and Singapore.
2. Mid to Senior-Level Hiring: Via "James Douglas Professional Search" in India and the Middle East.
3. Entry to Mid-Level Hiring: Using the "MyRCloud" AI-powered recruitment platform.
4. Consultancy: Leadership and HR consulting services through inactive subsidiaries (reassessing market opportunities).