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 ₹ 585 Cr.
- Current Price ₹ 219
- High / Low ₹ 410 / 185
- Stock P/E 38.5
- Book Value ₹ 145
- Dividend Yield 0.72 %
- ROCE 7.92 %
- ROE 4.45 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has a low return on equity of 12.1% over last 3 years.
- Contingent liabilities of Rs.270 Cr.
- Earnings include an other income of Rs.19.3 Cr.
- Dividend payout has been low at 9.76% of profits over last 3 years
- Company has high debtors of 167 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 117 | 105 | 109 | 156 | 147 | 135 | 160 | 272 | 205 | 316 | 360 | 377 | |
| 82 | 82 | 85 | 111 | 124 | 137 | 134 | 217 | 190 | 261 | 282 | 349 | |
| Operating Profit | 34 | 24 | 24 | 45 | 23 | -3 | 26 | 55 | 15 | 55 | 79 | 28 |
| OPM % | 29% | 22% | 22% | 29% | 15% | -2% | 16% | 20% | 7% | 17% | 22% | 8% |
| -36 | 0 | 0 | 0 | 3 | 0 | 2 | 1 | 11 | 4 | 1 | 19 | |
| Interest | 5 | 4 | 3 | 4 | 7 | 7 | 3 | 3 | 4 | 5 | 7 | 13 |
| Depreciation | 4 | 4 | 4 | 5 | 7 | 8 | 8 | 8 | 9 | 10 | 12 | 13 |
| Profit before tax | -11 | 17 | 16 | 37 | 12 | -17 | 17 | 46 | 12 | 44 | 61 | 21 |
| Tax % | 49% | 28% | 26% | 22% | 31% | -29% | 32% | 24% | -12% | 27% | 6% | 29% |
| -16 | 12 | 12 | 29 | 9 | -13 | 11 | 34 | 14 | 32 | 57 | 15 | |
| EPS in Rs | -6.44 | 4.92 | 4.99 | 11.66 | 3.55 | -5.11 | 4.52 | 13.72 | 5.71 | 13.14 | 22.40 | 5.80 |
| Dividend Payout % | 0% | 20% | 20% | 17% | 28% | 0% | 22% | 9% | 18% | 11% | 18% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 19% |
| 3 Years: | 23% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 6% |
| 3 Years: | 3% |
| TTM: | -73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 23% |
| 3 Years: | 42% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 89 | 98 | 111 | 137 | 142 | 128 | 142 | 176 | 186 | 216 | 278 | 354 |
| 35 | 11 | 49 | 34 | 23 | 10 | 17 | 44 | 33 | 52 | 68 | 110 | |
| 112 | 92 | 116 | 169 | 136 | 218 | 381 | 519 | 488 | 772 | 862 | 1,249 | |
| Total Liabilities | 261 | 226 | 299 | 365 | 326 | 381 | 565 | 764 | 731 | 1,065 | 1,233 | 1,740 |
| 36 | 35 | 35 | 33 | 35 | 38 | 34 | 32 | 38 | 43 | 41 | 40 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Investments | 4 | 11 | 26 | 36 | 28 | 16 | 29 | 34 | 24 | 26 | 32 | 39 |
| 221 | 180 | 237 | 296 | 263 | 327 | 501 | 696 | 669 | 996 | 1,160 | 1,661 | |
| Total Assets | 261 | 226 | 299 | 365 | 326 | 381 | 565 | 764 | 731 | 1,065 | 1,233 | 1,740 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4 | 61 | -22 | 30 | 21 | 94 | -44 | 60 | -63 | 24 | -2 | -72 | |
| 3 | -8 | -15 | -8 | 4 | -1 | -3 | -4 | 5 | -8 | -10 | -13 | |
| -2 | -30 | 35 | -20 | -27 | -26 | -3 | -7 | -7 | 2 | 11 | 86 | |
| Net Cash Flow | -3 | 24 | -3 | 2 | -1 | 66 | -51 | 48 | -65 | 18 | -1 | 1 |
| Free Cash Flow | -5 | 59 | -28 | 28 | 18 | 90 | -47 | 55 | -71 | 15 | -9 | -80 |
| CFO/OP | -3% | 265% | -86% | 83% | 101% | -3,675% | -154% | 122% | -376% | 54% | 8% | -198% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 169 | 66 | 218 | 208 | 146 | 145 | 152 | 119 | 188 | 145 | 95 | 167 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 169 | 66 | 218 | 208 | 146 | 145 | 152 | 119 | 188 | 145 | 95 | 167 |
| Working Capital Days | -59 | -161 | -172 | -150 | -134 | -353 | -564 | -372 | -398 | -460 | -271 | -520 |
| ROCE % | 19% | 14% | 12% | 22% | 9% | -6% | 12% | 23% | 7% | 17% | 20% | 8% |
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
- Compliances-Reg.24(A)-Annual Secretarial Compliance 2m
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Announcement under Regulation 30 (LODR)-Investor Presentation
22h - Earning Presentation for the 4th Quarter and Financial year ended 31st March 2026
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - 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.
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Announcement under Regulation 30 (LODR)-Change in Management
15 May - Mr. Bhalchandra Raul retires 15 May 2026; Mr. Nishant Shirke appointed Company Secretary from 16 May 2026.
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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Dec 2025TranscriptAI SummaryPPT
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Oct 2025TranscriptAI SummaryPPT
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Jun 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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May 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.