Emkay Global Financial Services Ltd
Incorporated in 1995, Emkay Global Financial Services Ltd is in the business of providing
capital market services[1]
- Market Cap ₹ 626 Cr.
- Current Price ₹ 246
- High / Low ₹ 370 / 153
- Stock P/E 10.6
- Book Value ₹ 93.5
- Dividend Yield 0.61 %
- ROCE 25.7 %
- ROE 28.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 47.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.5%
- Debtor days have improved from 151 to 105 days.
Cons
- Promoter holding has decreased over last quarter: -1.02%
- Tax rate seems low
- Earnings include an other income of Rs.23.9 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.
Peer comparison
Financial Services Financial Services Capital Markets Stockbroking & Allied
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 67 | 104 | 95 | 97 | 133 | 128 | 119 | 141 | 180 | 198 | 283 | 315 | |
| 65 | 77 | 76 | 79 | 103 | 110 | 123 | 122 | 155 | 177 | 234 | 259 | |
| Operating Profit | 2 | 27 | 19 | 17 | 29 | 18 | -4 | 19 | 25 | 21 | 49 | 56 |
| OPM % | 4% | 26% | 20% | 18% | 22% | 14% | -4% | 13% | 14% | 10% | 17% | 18% |
| 1 | -36 | 0 | -3 | 0 | -0 | 0 | 3 | 4 | -0 | 0 | 24 | |
| Interest | 4 | 3 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 4 | 6 | 9 |
| Depreciation | 4 | 4 | 4 | 4 | 5 | 7 | 8 | 7 | 7 | 9 | 9 | 10 |
| Profit before tax | -5 | -16 | 13 | 7 | 23 | 7 | -18 | 11 | 19 | 7 | 34 | 61 |
| Tax % | 1% | -1% | 24% | 38% | 21% | 31% | -30% | 30% | 28% | -53% | 28% | 4% |
| -5 | -16 | 10 | 5 | 18 | 5 | -13 | 8 | 13 | 11 | 24 | 59 | |
| EPS in Rs | -2.13 | -6.52 | 4.01 | 1.89 | 7.31 | 2.01 | -5.11 | 3.25 | 5.41 | 4.31 | 9.91 | 23.22 |
| Dividend Payout % | 0% | 0% | 25% | 53% | 27% | 50% | 0% | 31% | 23% | 23% | 15% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 22% |
| 3 Years: | 21% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 48% |
| 3 Years: | 72% |
| TTM: | 138% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 43% |
| 3 Years: | 52% |
| 1 Year: | 35% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 15% |
| 3 Years: | 19% |
| Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 24 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 98 | 82 | 89 | 94 | 110 | 110 | 96 | 106 | 120 | 127 | 149 | 212 |
| 27 | 21 | 9 | 29 | 10 | 12 | 10 | 7 | 33 | 18 | 51 | 85 | |
| 97 | 83 | 82 | 108 | 158 | 135 | 216 | 381 | 511 | 482 | 765 | 808 | |
| Total Liabilities | 247 | 210 | 205 | 255 | 302 | 281 | 346 | 518 | 688 | 651 | 990 | 1,131 |
| 39 | 36 | 34 | 35 | 32 | 35 | 38 | 34 | 31 | 37 | 37 | 37 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 35 | 35 | 36 | 34 | 41 | 49 | 49 | 62 | 73 | 54 | 57 | 66 |
| 173 | 140 | 135 | 186 | 229 | 196 | 259 | 422 | 582 | 560 | 896 | 1,027 | |
| Total Assets | 247 | 210 | 205 | 255 | 302 | 281 | 346 | 518 | 688 | 651 | 990 | 1,131 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 3 | 36 | -17 | 36 | 18 | 58 | 91 | 35 | -69 | -17 | -20 | |
| 0 | 2 | -0 | -2 | -4 | -11 | -10 | -1 | -2 | 34 | 4 | -12 | |
| -16 | -10 | -16 | 18 | -25 | -9 | -14 | -16 | -8 | -10 | 24 | 22 | |
| Net Cash Flow | 5 | -4 | 19 | -1 | 6 | -2 | 34 | 73 | 25 | -45 | 11 | -9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 201 | 142 | 70 | 243 | 241 | 163 | 160 | 167 | 175 | 190 | 157 | 105 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 201 | 142 | 70 | 243 | 241 | 163 | 160 | 167 | 175 | 190 | 157 | 105 |
| Working Capital Days | 52 | -56 | -190 | -111 | -173 | -193 | -429 | -665 | -565 | -430 | -524 | -319 |
| ROCE % | -1% | 16% | 12% | 10% | 17% | 9% | -8% | 10% | 12% | 7% | 21% | 26% |
Documents
Announcements
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
2d - Penalty of Rs.2.3 lakh plus GST imposed for non-closure of VAPT vulnerabilities FY 2024-25.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report FY 2024-25 submitted; minor past penalties paid, no major non-compliance.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Newspaper Advertisement regarding transfer of Equity shares to IEPF
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
22 May - Newspaper Advertisement-Publication of Audited results as on 31.03.2025
-
Board Recommended The Appointment Of M/S Parikh & Associates, As Secretarial Auditor Subject To Approval Of Shareholders
21 May - Approved FY25 audited results; Rs.4/share dividend recommended; MDs reappointed; Rs.46Cr unsecured NCDs allotted.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
Concalls
-
May 2025TranscriptNotesPPT
-
Jan 2025TranscriptNotesPPT
-
Oct 2024TranscriptNotesPPT
-
Aug 2024TranscriptNotesPPT
-
May 2024TranscriptNotesPPT
-
Jan 2024TranscriptNotesPPT
-
Oct 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Jan 2023TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Oct 2021TranscriptNotesPPT
Business Overview:[1][2][3]
EGFSL is a 360 degree financial services provider of institutional broking, asset management, wealth/ portfolio management, succession planning, investment banking, currency, depository participant, equity
broking, commodity broking, distribution
of financial products and investment banking operations. It has 300+ clients. In FY23, company's PMS+AIF AUMs stood at Rs. 5,984 Mn. and Wealth AUMs at Rs. ** 2,348 Mn.**