Details of the Work Awarded
The project scope encompasses the laying of new sewer lines in previously unserved areas of Jodhpur. Additionally, the company will undertake the redesigning and rejuvenation of old and damaged sewer lines, including the lateral sewerage system within the city. This contract strengthens the company's presence in Rajasthan's urban infrastructure sector, specifically addressing critical sanitation and wastewater management needs for the Municipal Corporation Jodhpur.
The project follows a competitive bidding process where EMS Limited was identified as the domestic entity with the lowest bid price.
Contract Specifics
- Project awarded by a domestic government entity, Municipal Corporation Jodhpur
- Execution timeframe is stipulated as 24 months for complete implementation
- Total consideration of ₹12,980.13 lakhs includes applicable GST components
- Operation and Maintenance (O&M) value is estimated at roughly ₹6.90 Crore
- The status transition from L-1 to Letter of Award is expected in subsequent stages
Company Background
EMS Limited, formerly known as EMS Infracon Private Limited, operates primarily in the waste management and utilities industry. The company specializes in providing turnkey solutions for sewerage systems, water supply schemes, and wastewater treatment plants. Based in Ghaziabad, Uttar Pradesh, the firm serves various municipal bodies and government agencies, maintaining a focus on civil construction and environmental engineering projects across India.
The company has a track record of executing infrastructure projects that integrate water treatment with distribution and disposal systems.
Financial Performance and Market Status
The company currently maintains a market capitalization of approximately ₹2,012.99 crore. Financial data indicates a Trailing Twelve Month (TTM) operating revenue of ₹650.56 crore, though annual revenue growth saw a decline of 24.11% in the previous cycle. With a Relative Strength Index (RSI) of 35.45, the stock is trading near the oversold zone.
Promoter holding remains stable at 69.7%, although approximately 21.95% of these shares are currently pledged. The company reported a net profit of ₹15.48 crore for the most recent quarter ending June 2026.
