EMS Ltd — earnings calls
1 quarter summarised from transcripts filed with the exchange, every statement cited. Newest first.
EMS Limited reported a sharp fall in Q4 and FY'26 revenue, with management attributing the shortfall to delayed government permissions, election-related work stoppages in West Bengal, a bitumen supply issue, a new government payment portal (SPARSH), and heavy rainfall damage in Uttarakhand. Standalone Q4 revenue was Rs 84 crore against consolidated revenue of Rs 120 crore, and FY'26 standalone and consolidated revenue fell about 36-37% versus the prior year. Management fielded repeated analyst questions about prior guidance not being met, including on fund-raising, pledge reduction, and revenue recovery timelines, and outlined plans and order book details for FY'27.