EMSLIMITED EMS Q2 FY26 results (Jul–Sep 2025) and concall
EMS Limited reported a challenging Q2 FY26, with revenues declining 26-27% due to severe monsoon-related disruptions to its core digging and pipeline work. Despite the significant quarterly setback, management expressed high confidence in a strong H2 recovery, reaffirming its full-year guidance for 18-20% revenue growth and 18% PAT margins. This optimism is backed by a robust unexecuted order book of ₹2,388 crores and a strategy to utilize the monsoon period for planning and procurement to accelerate execution in Q3 and Q4.
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What they filed
Q2 FY26: revenue down 25.8%, net profit down 44.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 233 | 245 | 270 | 239 | 173 −26% |
| EBITDA | 69 | 71 | 65 | 54 | 37 −46% |
| Net profit | 50 | 51 | 47 | 38 | 28 −44% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
