MoneyWorks4Me

Ema India Ltd (522027)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522027 NSE: Engineering - Industrial Equipments | Small Cap | Ema India Share Price

₹590.85 -12.05 (-2.00%)

As on 24-Sep'26 13:45

Ema India Ltd (522027)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522027 NSE: Engineering - Industrial Equipments | Small Cap | Ema India Share Price

₹590.85 -12.05 (-2.00%)

As on 24-Sep'26 13:45

Key Metrics
Valuation Multiples
Market Cap
₹61 Cr.
Current Price
₹590.9
52-Week Low / High
₹228 / 877
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
59.6
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
48.83%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹1 Cr.
Face Value
₹10
All Time Low / High
₹1.65 / 876.75

Ema India stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Ema India Ltd a good quality company?
Ema India Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Ema India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ema India Ltd vs industry peers?
Ema India Ltd revenue CAGR is %, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Ema India Ltd?
Promoters hold 48.83% of the Ema India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ema India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 39.2% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ema India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % -20.9%-21.8%-11.7%-46.2%-56.3%-84.2%-180.1%-360.2%-1,327%312.4%-
Value Creation
Index
-2.5-2.6-1.8-4.3-5.0NANANANA21.3-

Growth Parameters

Sales 1.30.1000000000
Sales YoY Gr.--93.8%-87.5%-100%NANANANANANA-
Adj EPS -31.7-5.1-4.2-6-4.5-4.1-5.5-5-5.85.559.5
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 2318.914.57.53.5-0.6-6.1-11.2-17.444.141
Adj Net
Profit
-3.2-0.5-0.4-0.6-0.5-0.4-0.6-0.5-0.60.66
Cash Flow from Ops. 0-0.6-0.4-0.6-0.4-0.3-0.4-0.4-0.6-1.9-
Debt/CF from Ops. 0.3000-0.5-1.4-1.9-3.3-30-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -100%NANANA
Adj EPS NANANANA
BVPS7.5%65.9%NANA
Share Price 38.9% 113.4% 230.7% 158.6%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-87.5-24.5-25.4-53.9-82.3-277.1165.557.340.541.3139.8
Op. Profit
Mgn %
-67.9-711.9-3525.10000000NAN
Net Profit
Mgn %
-246.2-670.7-29410000000INF
Debt to
Equity
00000.6-7.9-1.4-1.1-10-
Working Cap
Days
2241,3656,08000000000
Cash Conv.
Cycle
1576473,48700000000

Valuation of Ema India - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

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No data found!
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No data found!
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No data found!

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ema India Ltd FAQs

The current trading price of Ema India on 24-Sep-2026 13:45 is ₹590.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Sep-2026 the market cap of Ema India stood at ₹60.59 Cr

The latest P/E ratio of Ema India as of 23-Sep-2026 is 10.13.

The latest P/B ratio of Ema India as of 23-Sep-2026 is 14.71.

The 52-week high of Ema India is ₹876.8 and the 52-week low is ₹228.4.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ema India is ₹0.00 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ema India Ltd is a below average quality company.

The key valuation ratios of Ema India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ema India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Ema India Ltd

Ema India was founded by Late Hari Bhargava alongwith his son, Pradip Bhargava, Promoter and Managing Director of the Company. A joint venture agreement was signed in the year 1971 with EMA Electromaschinen Schultz GmbH & Co KG, Germany, to manufacture State of Art Induction Heating Equipments. With the pioneering efforts of introducing these equipments for the first time in India, today Ema India Limited has achieved the distinction of being a market leader of this field by supplying over 1,000 equipments so far. 

Prior to this, Conventional heating Furnaces were in operation. With the advantages of being very fast, non-polluting, more efficient, excellent process control capabilities and lesser space requirements, Induction Heating has established itself as a popular system of operation.   Ema India designs and manufactures world class induction heating and melting equipment for various industries and applications throughout the world.

Ema manufactures both Medium Frequency and High Frequency Equipments in power ratings from 1 Kw to 1130 Kw and frequencies ranging from 500 Hz to 450 KHz for every possible application. EMA can design and manufacture custom-built Machine for applications like Induction Hardening, Partial Heating, Annealing, Tempering, Softening, Brazing, Heating for Shrink Fitting and Billet Heating.

To keep pace with the latest technological trend, EMA has switched over from Motor Generators to Solid State Generators with Thyristors and the latest being IGBT Transistorised Convertors. Commencing with the Conventional Relay Controls for the machine operations, EMA has established its supremacy by introducing PLC’s  and CNC’s for the equipment controls with technological advancements.

The untiring efforts of Technical personnel of EMA have regularly contributed to various developments to meet the challenges of specific customer requirements. The R & D Department of EMA is always looking for new avenues for Induction Heating/Hardening applications.

EMA has also successfully manufactured and supplied close to 140 Honing Machines during its joint venture with Gehring Germany from 1986-2006, and been a leading manufacturer and supplier of Diamond & CBN Honing Stones in a joint venture with Diato GmbH, Germany (part of Gehring Group worldwide) through Diato India Private Limited.

On the export front, EMA has established itself as the pioneer in Export of Induction Heating and Hardening Equipments and Accessories as well as Honing Machines and Honing Stones.

Products range of the company includes:

  • Induction Hardening Systems
  • Induction Heating Equipment Induction
  • Tempering & Annealing Equipment
  • Induction Shrink Fitting Equipment
  • Customized Induction Hardening Machines
  • Induction Brazing Equipment
  • Small Billet Heaters
  • High & Medium Frequency Converters with IGBT's
  • Frequency Converters with Thyristors
  • Medium Frequency Transformers
  • High Frequency Transformers
  • Coaxial Transformers / Coaxial Cables
  • Automation for Loading / Unloading Components
  • Piston Ring OD Lapping Machines and other SPMs
  • Inductors, Quenches and Water Cooled Power Cables
  • Re-cooling & Refrigeration Unit for Water & Quench Medium

Clientele:

Bajaj, BEML, Birla Yamha, BPL, CAFOMA, Force, Hero Honda, GM, LML, Honda, Mico, NRB, Rane, Subros, Suzuki, Tafe, Mahindra and many more.

Achievements/ recognition:

ISO 9001:2000 for manufacturing and servicing of induction hardening, heating machines & heat treating equipment with related Accessories

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