The shares of the small-cap company gained up to 5 percent after the company received of letter of award from the office of the Superintending Engineer, U.P. Jal Nigam (Rural) worth Rs 119.05 crore.
EMS Ltd has a market capitalization of Rs 3,524.54 crore, the shares were trading at Rs 636.05 per share, decreasing around 1.01 percent as compared to the previous closing price of Rs 641.65 apiece.
Matter explanation:-
According to the exchange filing, EMS Ltd has received a letter of award for the Survey, Investigation, Design, build, Operate, and Transfer of Interception & Diversion and treatment works including 15 year O&M period at Hathras Town, U.P. under Namami Gange Programme on DBOT mode.
The estimated order value is approximately Rs.119.05 crore, wherein EMS Limited has having 26% share with the other two JV partners.
Financial analysis:-
Looking forward to the company’s financial performance, revenue soared by 29 percent from Rs 190 crore in Q4FY23 to Rs 245 crore in Q4FY24, but, during the same time frame, the company’s net profit magnified by 30 percent from Rs 36 crore to Rs 47 crore.
Remarkable Gains:-
The stock has delivered a return of 55.07 percent in the last six months and a multi-bagger return of 131.37 percent in a year. If an individual invested Rs. 1 lakh a year ago in the company would be worth Rs. 2.46 lakh now.
Ratio analysis:-
The company’s critical ratios show that the return on equity decreased from 21.50 percent in FY22-23 to 19.10 percent in FY23-24, while the return on capital employed decreased from 28.81 percent to 25.81 percent. The net profit margin (NPM) for fiscal year 23-24 is 20.84 percent.
Company profile:-
EMS Limited provides sewerage solutions, water supply systems, water and waste treatment plants, electrical transmission and distribution, road and allied works, and operates and maintains wastewater scheme projects (WWSPs) and water supply scheme projects (WSSPs) for government authorities and bodies.
Written by:- Abhishek Singh
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