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 ₹ 598 Cr.
- Current Price ₹ 220
- High / Low ₹ 410 / 185
- Stock P/E 50.3
- Book Value ₹ 118
- Dividend Yield 0.68 %
- ROCE 8.69 %
- ROE 4.35 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.269 Cr.
- Earnings include an other income of Rs.18.2 Cr.
- Dividend payout has been low at 10.8% of profits over last 3 years
- Company has high debtors of 174 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.
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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 104 | 95 | 97 | 133 | 128 | 119 | 141 | 180 | 198 | 283 | 339 | 349 | |
| 77 | 76 | 79 | 103 | 110 | 123 | 122 | 155 | 177 | 234 | 260 | 322 | |
| Operating Profit | 27 | 19 | 17 | 29 | 18 | -4 | 19 | 25 | 21 | 48 | 79 | 27 |
| OPM % | 26% | 20% | 18% | 22% | 14% | -4% | 13% | 14% | 10% | 17% | 23% | 8% |
| -36 | 0 | -3 | 0 | -0 | 0 | 3 | 4 | -0 | 1 | 1 | 18 | |
| Interest | 3 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 4 | 6 | 9 | 18 |
| Depreciation | 4 | 4 | 4 | 5 | 7 | 8 | 7 | 7 | 9 | 9 | 10 | 12 |
| Profit before tax | -16 | 13 | 7 | 23 | 7 | -18 | 11 | 19 | 7 | 34 | 61 | 16 |
| Tax % | -1% | 24% | 38% | 21% | 31% | -30% | 30% | 28% | -53% | 28% | 4% | 27% |
| -16 | 10 | 5 | 18 | 5 | -13 | 8 | 13 | 11 | 24 | 59 | 12 | |
| EPS in Rs | -6.52 | 4.01 | 1.89 | 7.31 | 2.01 | -5.11 | 3.25 | 5.41 | 4.31 | 9.91 | 23.22 | 4.54 |
| Dividend Payout % | 0% | 25% | 53% | 27% | 50% | 0% | 31% | 23% | 23% | 15% | 17% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 21% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 11% |
| 3 Years: | 1% |
| TTM: | -80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 24% |
| 3 Years: | 44% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 13% |
| 3 Years: | 15% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 26 |
| Reserves | 82 | 89 | 94 | 110 | 110 | 96 | 106 | 120 | 127 | 149 | 212 | 283 |
| 21 | 9 | 29 | 10 | 12 | 10 | 7 | 33 | 18 | 51 | 85 | 148 | |
| 83 | 82 | 108 | 158 | 135 | 216 | 381 | 511 | 482 | 765 | 808 | 1,239 | |
| Total Liabilities | 210 | 205 | 255 | 302 | 281 | 346 | 518 | 688 | 651 | 990 | 1,131 | 1,697 |
| 36 | 34 | 35 | 32 | 35 | 38 | 34 | 31 | 37 | 37 | 37 | 37 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Investments | 35 | 36 | 34 | 41 | 49 | 49 | 62 | 73 | 54 | 57 | 66 | 70 |
| 140 | 135 | 186 | 229 | 196 | 259 | 422 | 582 | 560 | 896 | 1,027 | 1,589 | |
| Total Assets | 210 | 205 | 255 | 302 | 281 | 346 | 518 | 688 | 651 | 990 | 1,131 | 1,697 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 36 | -17 | 36 | 18 | 58 | 91 | 35 | -69 | -16 | -20 | -80 | |
| 2 | -0 | -2 | -4 | -11 | -10 | -1 | -2 | 34 | 3 | -12 | -11 | |
| -10 | -16 | 18 | -25 | -9 | -14 | -16 | -8 | -10 | 24 | 22 | 102 | |
| Net Cash Flow | -4 | 19 | -1 | 6 | -2 | 34 | 73 | 25 | -45 | 11 | -9 | 11 |
| Free Cash Flow | 1 | 34 | -22 | 34 | 15 | 53 | 88 | 30 | -76 | -22 | -26 | -89 |
| CFO/OP | 14% | 195% | -91% | 138% | 102% | -1,354% | 497% | 148% | -317% | -28% | -16% | -244% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 142 | 70 | 243 | 241 | 163 | 160 | 167 | 175 | 190 | 157 | 97 | 174 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 142 | 70 | 243 | 241 | 163 | 160 | 167 | 175 | 190 | 157 | 97 | 174 |
| Working Capital Days | -128 | -225 | -220 | -201 | -193 | -429 | -665 | -565 | -430 | -524 | -304 | -565 |
| ROCE % | 16% | 12% | 10% | 17% | 9% | -8% | 10% | 12% | 7% | 20% | 26% | 9% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Client Base - Institutional Clients Number |
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| Research Coverage - Number of Stocks Covered Number |
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| Wealth Management Assets (including Wealth Assets under Advice/Management) INR Mn |
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| Distribution Network - Number of Branches Number |
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| PMS & AIF Assets Under Management (AUM) INR Mn |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment
27 May - 27 May 2026: Allotted 1,00,000 shares to promoter Prakash Kacholia on warrant conversion; capital rises to 2,72,30,131 shares.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
19 May - FY2026 secretarial compliance report notes penalties and subsidiary's ₹30.84 lakh SEBI NSEL settlement.
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Announcement under Regulation 30 (LODR)-Investor Presentation
18 May - Earning Presentation for the 4th Quarter and Financial year ended 31st March 2026
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 May - Newspaper Publication for Audited Financial Results for the 4th Quarter and financial year ended 31st March 2026
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
15 May - CARE report for quarter ended 31 Mar 2026 shows Rs 66.88 crore utilized, no deviation.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptAI SummaryPPT
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Jan 2026TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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Jan 2024TranscriptAI SummaryPPT
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Oct 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Jan 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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May 2022TranscriptAI SummaryPPT
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Jan 2022TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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. Company has a track record of 30 years in financial services, 3 business verticals, and Category-I merchant banking status, supported by 19 branches, 544 employees, 39,400+ clients, and ₹193.8bn assets.