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What Emerald Finance promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 17 tracked 4 delivered 5 missed 8 open
  • Net Worth for NSE Listing delivered said Q4 FY25 Promised: net worth is more than Rs. 75 crores for '26 and '27 Q1 FY27: Achieved. Management states current net worth is around Rs. 90 crores, well above the Rs. 75 crore threshold.
  • EWA Corporate Partnerships missed said Q4 FY25 Promised: 250 partnerships during the current financial year (FY26) Q1 FY27: Target period has passed. The promise was missed in FY26.
  • PAT Growth revised down said Q2 FY26 Promised: 8x to 10x by FY27 Q1 FY27: Management now guides for PAT CAGR to stabilize at 40-50% over the next 2-3 years, a significant moderation from the 90-100% previously seen. This makes the original 8x-10x target highly unlikely.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 17 tracked commitments for Emerald Finance — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens