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EMA Partners share price & results

EMA Partners· Services

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
May 2026

India's first NSE-listed executive search firm, running retained C-suite/board search plus mid-senior and RPO hiring brands across India, UAE and Singapore.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue47.0 ₹ crore+34.3% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin14.0 %+3.0 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit5.0 ₹ crore−16.7% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable−0.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin-4.44 %−19.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable+7.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

2 of 3 judged targets kept · 6 open · verdicts reflect calls analysed to Q4 FY26.

EMA Partners management guidance track record on Inve: 9 targets tracked across analysed earnings calls (2 achieved, 1 missed, 6 open).

TargetOriginal wordingSaidLatest callVerdict
Core/Existing Business Revenue Growth20%, 22% growth annually
Call transcript, Q3 FY25 · 5 Feb 2025
Q3 FY25Q4 FY26:Delivered about 18% to 20% growth this year on the core business, maintaining the 3-year trend.
Call transcript, Q4 FY26 · 24 Apr 2026
Achieved*
Long-term Effective Tax Rate20%, 21% long-term
Call transcript, Q3 FY25 · 5 Feb 2025
Q3 FY25Q4 FY26:No update provided.
Call transcript, Q4 FY26 · 24 Apr 2026
Ghosted
Time to Breakeven for New Partners/Hiresbreakeven in one year
Call transcript, Q3 FY25 · 5 Feb 2025
Q3 FY25Q4 FY26:Stated 'typically this gestation period is anywhere between 6 to 12 months... expect a turnaround of this business during this financial year.'
Call transcript, Q4 FY26 · 24 Apr 2026
Revised Up

Source: Inve Guidance Tracker for EMA Partners · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of EMA Partners's 9 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 6 more targets are in the full ledger.

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Price

₹81.5 −0.61% · −₹0.5

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −19.3% 1Y

₹70₹80₹90₹100Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 17 Nov 2025Q4 FY26 — 24 Apr 2026

1Y: ₹101.05 on 24 Oct 2025 → ₹81.5. High ₹103 (10 Nov 2025), low ₹68.75 (25 Mar 2026).

Previous close
₹82
Market cap
₹195 Cr
52-week range
₹68.75 – ₹103
One year
−20.18%
Price to earnings (FY ending Mar 2026)
16.25×
Return on equity (FY ending Mar 2026)
8.22%

Overview

Symbol
NSE:EMAPARTNER
Sector
Services
Exchange
NSE
Currency
INR

What EMA Partners does

Based on the company's own presentations, annual report and earnings calls.

EMA Partners is a retained executive search and leadership advisory firm that places Board, C-suite and senior executives for corporates, investment firms and their portfolio companies. It operates as the India member of the EMA Partners International network, and has extended into mid-to-senior hiring through its James Douglas Professional brand, high-volume enterprise recruitment process outsourcing (RPO) through James Douglas Global (using its proprietary MatchCore AI platform), and entry-to-mid-level hiring through the MyRCloud technology marketplace, which charges a platform usage fee plus a placement fee and shares part of that revenue with freelance recruiters on the platform. It earns through retainer and success fees for each search/placement mandate delivered.

Segments

  • Executive Search (Board & C-Suite)
  • James Douglas Professional Search
  • James Douglas Global (RPO)
  • MyRCloud / Reccloud
Offices (India, Singapore & Dubai)
10, across Mumbai, Delhi/NCR, Bengaluru, Chennai, Singapore and Dubai
Global EMA Partners International network
40 offices across 30 countries
Direct country presence
3 (India, UAE, Singapore)
Enterprise/global clients served
400+ across 15+ industries
Business verticals
4 (Executive Search, James Douglas Professional, James Douglas Global RPO, MyRCloud)
Years of operating track record
20+ years (founded 2003)
Founded 2003Headquarters Mumbai, Maharashtra, India Company website

How the price took the results

close before → close after

Q4 FY26
−1.0%
24 Apr
Q2 FY26
−2.3%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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