EMA Partners India Ltd
Incorporated in 2003, EMA Partners India Limited is an executive search firm offering specialized hiring solutions.[1]
- Market Cap ₹ 226 Cr.
- Current Price ₹ 97.2
- High / Low ₹ 159 / 87.0
- Stock P/E 22.7
- Book Value ₹ 59.2
- Dividend Yield 0.00 %
- ROCE 12.8 %
- ROE 10.4 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 86.3 to 65.0 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.5.08 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
57 | 50 | 67 | 74 | |
43 | 46 | 51 | 61 | |
Operating Profit | 14 | 4 | 17 | 13 |
OPM % | 25% | 8% | 25% | 18% |
1 | 1 | 2 | 5 | |
Interest | 0 | 0 | 0 | 1 |
Depreciation | 1 | 1 | 1 | 2 |
Profit before tax | 14 | 4 | 17 | 16 |
Tax % | 17% | 25% | 12% | 21% |
11 | 3 | 15 | 12 | |
EPS in Rs | 225.40 | 72.59 | 337.43 | 5.42 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -3% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Equity Capital | 0.05 | 0.04 | 0.04 | 12 |
Reserves | 39 | 40 | 54 | 126 |
4 | 1 | 8 | 1 | |
15 | 13 | 15 | 16 | |
Total Liabilities | 58 | 53 | 77 | 154 |
10 | 9 | 13 | 20 | |
CWIP | 0 | 0 | 8 | 0 |
Investments | 7 | 8 | 9 | 44 |
41 | 35 | 47 | 91 | |
Total Assets | 58 | 53 | 77 | 154 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
8 | 3 | 12 | 13 | |
-3 | -1 | -18 | -79 | |
-1 | -6 | 7 | 63 | |
Net Cash Flow | 4 | -4 | 1 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Debtor Days | 89 | 92 | 102 | 65 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 89 | 92 | 102 | 65 |
Working Capital Days | 7 | 21 | 34 | 24 |
ROCE % | 9% | 32% | 13% |
Documents
Announcements
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General Updates
26 September 2025 - Acquired 5,35,000 shares of James Douglas for Rs.9.84 crore via rights issue on Sep 26, 2025.
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Shareholders meeting
26 September 2025 - 22nd AGM (26 Sep 2025): adopted FY2024-25 financials; MD reappointed; independent director regularized.
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Press Release
24 September 2025 - Nupur Mehta appointed Managing Partner of James Douglas Professional Search, effective 1 October 2025.
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Updates
24 September 2025 - Ms Nupur Mehta appointed Managing Partner of JD Professional Search, wholly-owned EMA Partners subsidiary, effective 01 Oct 2025.
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General Updates
22 September 2025 - Granted 4,47,000 ESOPs on Sept 22, 2025; exercise price Rs.96; vesting 1–4 years.
Annual reports
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).