EMKAYNSEEmkay Global Financial Services Limited· FinanceHighNeutral
Announced Fri, 15 May · 18:13 IST

Emkay Global Financial Services Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

Ebitda Margin CompressionNegative Operating CashflowRelated Party TransactionsResults View source PDF

EMKAY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+12.1%1-day move
₹194.50
prior close
₹200.81
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.6+5.3+5.3+9.1+12.1+13.7+13.9+14.7+14.9+14.4+44.2+49.2+25.3
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AI summary

Emkay Global Financial Services Limited reported audited financial results for Q4 and FY ended March 31, 2026. Standalone PAT declined sharply to Rs. 1,190.14 lakhs from Rs. 5,891.28 lakhs in FY25 (approximately 80% decline), despite revenue growth from Rs. 31,531.61 lakhs to Rs. 34,898.88 lakhs. Operating margin compressed significantly from 19.36% to 4.70%, while net profit margin fell from 18.68% to 3.41%. Consolidated PAT similarly declined from Rs. 5,683.06 lakhs to Rs. 1,520.10 lakhs. The company reported negative operating cash flow of Rs. -8,042.62 lakhs due to working capital changes. The Board recommended dividend of Rs. 1.50 per share (15%) and approved raising funds up to Rs. 100 crore via NCDs, with borrowing limits increased to Rs. 1,000 crore. Promoter warrant conversions totaling 13.60 lakh warrants occurred during the year. S.R. Batliboi & Co. LLP issued an unmodified (clean) audit opinion.

Likely market impact

The company experienced significant profitability decline with PAT dropping ~80% year-on-year while maintaining revenue growth. Margin compression and negative operating cash flow are concerns, though increased borrowing limits provide flexibility. Clean audit opinion indicates no going concern issues.