Ems Limited has informed the Exchange about Letter of Acceptance (LOA) received from the office of The Kolkata Municipal Corporation

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

EMSLIMITED · price

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Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹584.50

prior close

₹614.25

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+4.5% vs market

Waste Management peers, median of 6sector+2.0%+3.0% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 3.0 pts more than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 6Pending

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AI summary

EMS Limited has received a Letter of Acceptance from The Kolkata Municipal Corporation for a pollution abatement and river rejuvenation project on the Adi Ganga in Kolkata, West Bengal. The total order value is approximately Rs. 78,197.91 lakhs (about Rs. 782 crore), including GST, O&M, and other charges, with EMS holding a 74% share in the joint venture (around Rs. 579 crore to EMS). The contract involves a 36-month design and build period followed by a 15-year operation and maintenance period. The order follows the company's earlier L1 (lowest bidder) intimation from September 19, 2024.

Likely market impact

This is a significant, long-tenure order for EMS that materially adds to its order book, provides revenue visibility for over 15 years, and strengthens its presence in the water and environmental infrastructure segment. The order is positive for future revenue and earnings, though execution risks on a multi-year project remain.