Emkay Global Financial Services share price & results
- Jun 2026
- Sept 2026
Mumbai-based diversified securities firm offering institutional equities research & broking, investment banking (ECM advisory), wealth management, and PMS/AIF asset management.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 91.9 | +26.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 12.4 | +4.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 9.1 | +90.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 5.72 | −16.6 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -20.39 | −17.9 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 21.30 | −3.9 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −11.9% 1Y
1Y: ₹325.95 on 24 Oct 2025 → ₹287.2. High ₹333.5 (27 Oct 2025), low ₹188.31 (30 Mar 2026).
- Previous close
- ₹270.8
- Market cap
- ₹799 Cr
- 52-week range
- ₹188.31 – ₹333.5
- One year
- −13.88%
- Price to earnings (TTM to Jun 2026)
- 40.91×
- Return on equity (TTM to Jun 2026)
- 5.72%
Overview
- Symbol
- NSE:EMKAY
- Sector
- Financial Services
- Exchange
- NSE
- Currency
- INR
What Emkay Global Financial Services Limited does
Based on the company's own presentations, annual report and earnings calls.
Emkay Global Financial Services is a Mumbai-headquartered securities and financial-services firm built around four verticals. Its Capital Markets business combines institutional equities broking and research with an Investment Banking advisory arm that executes ECM transactions such as IPOs, QIPs, buybacks, open offers and delistings for mid-market companies. Its Wealth Management arm serves UHNIs, family offices, trusts and corporate treasuries through advisory and distribution across mutual funds, direct equity, AIF/PMS and structured products. Its Asset Management business, run through subsidiary Emkay Investment Managers Ltd, offers Portfolio Management Services (PMS) and Alternative Investment Funds (AIF). The company also has an 'Others including Treasury' income stream and operates a wholly-owned overseas subsidiary, Emkay Global Financial Services PTE Ltd, in Singapore, with client engagement extending to Hong Kong, Taiwan and the United States.
Segments
- Capital Markets
- Wealth Management
- Asset Management
- Others including Treasury
- Total employees
- 539 (as on 31.03.2026)
- Total client base
- 40,200+ (as on 31.03.2026)
- Institutional research coverage
- 236 stocks across 22 sectors (45-member research team incl. 15 lead analysts, avg. 15+ yrs experience)
- Wealth management clients
- 38,175 (as on 31.03.2026)
- Companies under advisory/research coverage
- 240+
- PMS & AIF strategies offered
- 6 (4 outperformed benchmark; 3 new strategies launched in FY26)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +91% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 108 | 77 | 71 | 73 | 72 | 87 | 148 | 92 |
| Expenses | 79 | 68 | 71 | 67 | 71 | 79 | 136 | 80 |
| Operating profit | 29 | 9 | 0 | 6 | 1 | 8 | 13 | 11 |
| Operating margin | 26.9% | 12.2% | 0.1% | 8.0% | 2.0% | 9.5% | 8.6% | 12.4% |
| Other income | 7 | 7 | 6 | 5 | 5 | 5 | 5 | 5 |
| Interest | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 4 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 3 |
| Profit before tax | 31 | 11 | 1 | 5 | 0 | 6 | 10 | 9 |
| Tax rate | 17.9% | 22.3% | −786.3% | 8.8% | 6.3% | 28.1% | 41.3% | 8.3% |
| Net profit | 26 | 9 | 8 | 5 | 0 | 4 | 6 | 9 |
| EPS (₹ per share) | 10.43 | 3.43 | 3.35 | 1.88 | 0.18 | 1.66 | 2.16 | 3.33 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 205 | 283 | 339 | 381 |
| Expenses | 192 | 258 | 285 | 352 |
| Operating profit | 13 | 25 | 54 | 28 |
| Other income | 13 | 33 | 26 | 19 |
| Interest | 4 | 5 | 7 | 13 |
| Depreciation | 9 | 10 | 12 | 13 |
| Profit before tax | 12 | 44 | 61 | 21 |
| Net profit | 14 | 32 | 57 | 15 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 25 | 25 | 25 | 25 | 26 | 26 |
| Reserves | 176 | 186 | 216 | 278 | 276 | 354 |
| Borrowings | 44 | 33 | 52 | 68 | 81 | 110 |
| Other liabilities | 519 | 488 | 772 | 862 | 1,159 | 1,249 |
| Total liabilities | 764 | 731 | 1,065 | 1,233 | 1,542 | 1,740 |
| Fixed assets | 32 | 38 | 43 | 41 | 43 | 40 |
| Capital work in progress | 2 | 0 | 0 | 0 | 0 | 0 |
| Investments | 34 | 24 | 26 | 32 | 40 | 38 |
| Other assets | 696 | 669 | 996 | 1,160 | 1,459 | 1,662 |
| Total assets | 764 | 731 | 1,065 | 1,233 | 1,542 | 1,740 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -44 | 60 | -63 | 24 | -2 | -72 |
| Cash from investing | -3 | -4 | 5 | -8 | -10 | -13 |
| Cash from financing | -3 | -7 | -7 | 2 | 11 | 86 |
| Net cash flow | -51 | 48 | -65 | 18 | -1 | 1 |
| Free cash flow | -47 | 55 | -71 | 15 | -9 | -80 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 152 | 119 | 188 | 145 | 95 | 159 |
| Cash conversion cycle | 152 | 119 | 188 | 145 | 95 | 159 |
| Working capital days | -564 | -372 | -398 | -460 | -271 | -508 |
| Return on capital employed | 12.0% | 23.0% | 7.0% | 17.0% | 20.0% | 8.0% |
| Dividend payout | 22.0% | 9.0% | 18.0% | 11.0% | 18.0% | 26.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Advisory, Transactional and other related activities contributes 97.3% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Advisory, Transactional and other related activities 97.3%
₹94.89 crore
- Financing and Investment Activities 2.7%
₹2.65 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Advisory, Transactional and other related activities | 94.89 | 97.3% |
| Financing and Investment Activities | 2.65 | 2.7% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹97.54 crore
- Intersegment adjustment
- ₹1.00 crore
- Net segment revenue
- ₹96.53 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Advisory, Transactional and other related activities | — | — | — | — | — | — | 99% | 97% | — |
| Financing and Investment Activities | 2% | 3% | — | 5% | — | 2% | 1% | 3% | -25.9% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 72.88% as of Sept 2026; institutions added 0.13 pts since Jun 2026.
- Promoters 72.88%
- Foreign institutions 0.88%
- Domestic institutions 0.01%
- Government 0.00%
- Public 26.23%
- Others 0.00%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +1.22 pp 19.70% held
- +0.35 pp 1.64% held
The same filing shows 4 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Emkay Global Financial Services Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 22.10% | −0.48 pp | |
| 19.70% | +1.22 pp | |
| 17.37% | −0.38 pp | |
| 6.73% | −0.15 pp | |
| 6.27% | −0.13 pp | |
| 1.64% | +0.35 pp | |
| 1.37% | unchanged | |
| 1.36% | unchanged | |
| 1.10% | unchanged | |
| 1.08% | unchanged | |
| 0.36% | unchanged | |
| 0.36% | 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.
Your own record
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