EMS Ltd - Stock Valuation and Financial Performance

EMS was originally incorporated as ‘EMS Infracon Private Limited’ a private limited company under the Companies Act, 1956 at Delhi, pursuant to a certificate of incorporation dated December 21, 2010 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Thereafter on June 30, 2012, the company took over the business of partnership firm, M/s Satish Kumar. Thereafter, name of the company was changed from ‘EMS Infracon Private Limited’ to ‘EMS Private Limited’, pursuant to a special resolution passed by the shareholders of the company on September 30, 2022 and a fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Delhi (RoC) on October 26, 2022. Subsequently, the company was converted from private to public company, pursuant to a special resolution passed by the shareholders of the company on October 27, 2022 and a fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Delhi (RoC) on November 25, 2022.

The company is in the business of Sewerage solution provider, Water Supply System, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works, operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies. WWSPs include Sewage Treatment Plants (STPs) along with Sewage Network Schemes and Common Effluent Treatment Plants (CETPs) and WSSPs include Water Treatment Plants (WTPs) along with pumping stations and laying of pipelines for supply of water (collectively, ‘Projects’).  The treatment process installed at STPs and CETPs is compliant with Ministry of Environment, Forest and Climate Change of India norms and the treated water can be used for horticulture, washing, refrigeration and other process industries. 

It has an in-house team for designing, engineering and construction which makes it self-reliant on all aspects of its business. It has a team of many engineers who are supported by third-party consultants and industry experts to ensure compliance and quality standards laid down by the industry and government agencies & departments. It also have its own team for civil construction works thereby reducing dependence on third parties. The scope of its services typically includes design and engineering of the projects, procurement of raw materials, and execution at site with overall project management up to the commissioning of projects. Post commissioning, operations and maintenance of these plants for a certain period of time is generally a part of the award in recent times. It has a team of dedicated engineers and personnel focused on operations and maintenance of completed projects. 

Business area of the company

The company is in the business of Sewerage solution provider, Water Supply System, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works, operation and maintenance of Wastewater Scheme Projects and Water Supply Scheme Projects for government authorities/bodies.

Services of the company

• Air conditioning
• Design & installation
• Commercial heat pumps
• Heating
• Process cooling
• Service & maintenance
• Ventilation

History and millstones

• 2012: Acquisition of partnership firm namely ‘Satish Kumar’.
• 2012: Achieved turnover more than Rs 100 crore.
• 2013: Started Operations of BOOT CETP in SIDCUL, Haridwar.
• 2014: Awarded Asian Development Bank Funded Sewerage Project in Dehradun.
• 2015: Awarded World Bank Funded Project of Sewerage Scheme in Narora.
• 2016: Awarded World Bank Funded Project of Sewerage Scheme in Allahabad.
• 2016: Awarded Electrification Work of 4 Districts in Uttar Pradesh.
• 2017: First Project in State of Bihar, Awarded World Bank Funded Project of Sewerage Scheme in Patna.
• 2018: Achieved turnover in excess of Rs 200 crore.2018: Awarded Water Supply Scheme of Unnao and Shuklaganj in Uttar Pradesh.
• 2019: Achieved turnover in excess of Rs 300 crore.
• 2020: First Project in State of Rajasthan, Awarded Asian Development Bank Funded Project of Sewerage and Water Supply Scheme in Tonk.
• 2021: Awarded Sewerage Scheme in Mirzapur and Ghazipur on Hybrid Annuity Model by Namami Gange.
• 2022: Awarded Project for Zero Liquid Discharge CETP in Banthar, Unnao by Namami Gange.
• 2023: Awarded CPWD Building Project for RBI Colony in Navi Mumbai.