EMERALD

Emerald Finance financials

Market cap
₹202 Cr

Quarterly results

Q1 FY27: revenue up 33.1%, net profit up 31.2% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue3 3 5 5 5 +66%5 +55%6 +28%6 +33%
Net profit1 2 2 3 3 +107%3 +81%3 +29%3 +31%
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.

Performance −21.1% 1Y

₹50.0₹60.0₹70.0₹80.0₹90.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹81.1 on 10 Sept 2025 → ₹64. High ₹91.34 (3 Nov 2025), low ₹46.31 (30 Mar 2026).

Financials, as filed

Revenue grew 67.5% a year over 2 years, FY24 to FY26.

Year endingFY24FY25FY26
Revenue₹7 Cr₹13 Cr₹21 Cr
Interest₹1 Cr₹2 Cr₹2 Cr
Depreciation₹0 Cr₹0 Cr₹0 Cr
Net profit₹3 Cr₹6 Cr₹12 Cr
Net margin40.7%48.0%55.6%
Cash from operations₹-11 Cr₹-16 Cr₹-10 Cr
Free cash flow₹-12 Cr₹-16 Cr₹-10 Cr
ROE8.0%12.0%14.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹9 Cr₹29 Cr₹30 Cr₹30 Cr₹35 Cr₹35 Cr
Reserves₹2 Cr₹3 Cr₹7 Cr₹9 Cr₹56 Cr₹51 Cr
Borrowings₹2 Cr₹4 Cr₹4 Cr₹13 Cr—₹16 Cr
Other liabilities₹3 Cr₹2 Cr₹1 Cr₹2 Cr₹8 Cr₹3 Cr
Total liabilities₹16 Cr₹38 Cr₹42 Cr₹54 Cr₹114 Cr₹105 Cr
Fixed assets₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹1 Cr
Other assets₹15 Cr₹36 Cr₹41 Cr₹53 Cr₹113 Cr₹104 Cr
Total assets₹16 Cr₹38 Cr₹42 Cr₹54 Cr₹114 Cr₹105 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs trimmed −4.18 pp while the public added +3.97 pp. The shareholder count grew 2% to 10,482.

Promoters
59.7%
FIIs
1.8%
Public
38.5%

Since Jun 2025

  • FIIs −4.18 pp
  • Public +3.97 pp
  • Promoters +0.20 pp

How it drifted, 12 quarters

Over this window promoters fell from 67.8% to 59.7% — −8.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 67.8%, FIIs 0.7%, Public 31.5%.Dec '23: Promoters 67.8%, FIIs 1.3%, Public 30.9%.Mar '24: Promoters 67.8%, FIIs 1.3%, Public 30.9%.Jun '24: Promoters 67.8%, FIIs 1.3%, Public 30.9%.Sep '24: Promoters 62.4%, FIIs 9.2%, Public 28.5%.Dec '24: Promoters 60.5%, FIIs 9.8%, Public 29.7%.Mar '25: Promoters 59.5%, FIIs 9.4%, Public 31.1%.Jun '25: Promoters 59.5%, FIIs 6.0%, Public 34.5%.Sep '25: Promoters 59.5%, FIIs 1.7%, Public 38.8%.Dec '25: Promoters 59.5%, FIIs 1.7%, Public 38.8%.Mar '26: Promoters 59.7%, FIIs 1.8%, Public 38.5%.Jun '26: Promoters 59.7%, FIIs 1.8%, Public 38.5%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Emerald Finance Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Sanjay Aggarwal 32.38%unchanged
Anubha Aggarwal 22.31%unchanged
Ram Swaroop Agarwal 5.01%unchanged
Minerva Ventures Fund FPI fund1.45%unchanged
Money Growth Investment Consultants Pvt Ltd 1.45%unchanged
Pankaj Mehta 1.14%unchanged
Agr Investments Limited 1.01%unchanged
Anu Aggarwal 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Emerald Finance Limited

Guides on how to read this kind of business and the numbers that matter.