Emkay Global FIN Serv Ltd
NSE: EMKAY · Stockbroking & Allied · sector
₹270.80NSE close 2026-10-26
Key numbers
Market cap₹740 cr
Price₹270.80
52w high / low₹358 / ₹186
P/E44.8xSector median 19.5x
P/B2.4xSector median 1.7x
Book value₹113.3
Dividend yield1.38%Sector median 0.77%
ROE5.8%Sector median 10.7%
ROA0.93%Sector median 3.53%
Gross NPA–
Net NPA–
CET1–
Sales growth 3y+23.3%Sector median +18.4%
Profit growth 3y+3.8%Sector median +8.3%
PEG18.60x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 39 companies in Stockbroking & Allied (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- No promoter shares are pledged.
- Promoter holding rose by 1.21 percentage points in a year, to 72.89% (2026-09-30).
- Net loss in 1 of the last 8 quarters.
- Total income was higher than a year earlier in 3 of the last 4 quarters.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹270.80 on 2026-10-26: -24.4% from the 52-week high, +45.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹356.35 · low ₹177.99
Total incomeNet profit
Total incomeNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total income | 101 | 72 | 69 | 65 | 64 | 79 | 144 | 83 |
| Net interest income | 101 | 72 | 69 | 65 | 64 | 79 | 144 | 83 |
| Other income | 6 | 7 | 6 | 5 | 4 | 5 | 4 | 4 |
| Net profit | 25 | 10 | 11 | 3 | -2 | 3 | 8 | 7 |
| EPS (₹) | 9.94 | 3.97 | 4.40 | 1.09 | -0.83 | 1.23 | 3.16 | 2.48 |
| Revenue YoY | -36.9% | +10.8% | +107.1% | +27.1% | ||||
| Profit YoY | -108.6% | -68.3% | -25.9% | +140.9% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 175 | 186 | 252 | 315 | 349 | 370 |
| Net profit | 13 | 11 | 24 | 59 | 12 | 16 |
| EPS (₹) | 5.41 | 4.32 | 9.93 | 23.64 | 4.64 | 6.04 |
| Revenue growth | +6.3% | +35.4% | +25.1% | +10.7% | +20.4% | |
| Profit growth | -20.2% | +130.2% | +140.7% | -79.8% | -67.2% | |
| Dividend / share (₹) | 1.00 | 1.25 | 1.00 | 1.50 | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +23.3% | +19.8% | +20.4% |
| Net profit | +3.8% | +8.2% | -67.2% |
| EPS | +2.4% | +7.3% | – |
| Share price | – | -3.1% (2y) | -25.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 151 | 173 | 237 | 310 |
| Borrowings | – | 0 | 35 | 20 | 40 |
| Cash & equivalents | – | 302 | 528 | 477 | 863 |
| Total assets | – | 651 | 990 | 1,131 | 1,697 |
| Fixed assets | – | 30 | 30 | 30 | 30 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Inventory | – | 0 | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 35 | -69 | -17 | -20 | -80 |
| Cash from investing | -2 | 34 | 4 | -12 | -11 |
| Cash from financing | -8 | -10 | 24 | 22 | 102 |
| Capex | 4 | 8 | 6 | 7 | 8 |
| Free cash flow | 30 | -76 | -23 | -26 | -89 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.0% | 14.1% | 24.8% | 3.8% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 72.89% |
| FIIs | 0.88% |
| DIIs | 0.01% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 26.22% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.37% | 72.35% | 72.03% | 71.68% | 71.91% | 72.21% | 72.83% | 72.89% |
| Promoter group | % |
|---|---|
| Krishna Kumar Karwa | 22.10% |
| Prakash Kacholia | 19.70% |
| Emkay Corporate Services Private Limited | 17.37% |
| Priti Prakash Kacholia | 6.73% |
| Raunak Karwa | 6.27% |
| Krishna Kumar Karwa (HUF) (Krishna Kumar Karwa being Karta) | 0.36% |
| Murlidhar Karwa (HUF) (Krishna Kumar Karwa being Karta) | 0.36% |
| Priti Karwa | 0.00% |
| Kamala Kasat | 0.00% |
| Krishna Kacholia | 0.00% |
| Deepak Kacholia | 0.00% |
| Nidhi Kacholia | 0.00% |
| Divya Kacholia Shah | 0.00% |
| Prakash Kacholia (HUF) ( Prakash Kacholia being Karta) | 0.00% |
| Soumya Karwa | 0.00% |
| Public holders above 1% | % |
|---|---|
| Rajiv P Shroff | 1.64% |
| Nirav Mahendra Sheth | 1.37% |
| Sanjiv Dhireshbhai Shah | 1.36% |
| Yatin Kumar Singh | 1.10% |
| Mahi Madhusudan Kela | 1.08% |
11,663 shareholders. Pledged: 0.00% of promoter shares.
Peers in Stockbroking & Allied
| Company | Market cap | P/E | P/B | ROE | ROA | Gross NPA | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| GROWW | ₹1,15,154 cr | 42.3x | 9.9x | 28.5% | 13.61% | – | – | – |
| MOTILALOFS | ₹56,201 cr | 53.1x | 7.1x | 14.0% | 3.53% | – | +21.3% | 0.64% |
| 360ONE | ₹39,770 cr | 79.4x | 5.2x | 6.7% | 5.37% | – | +22.9% | 1.20% |
| NUVAMA | ₹30,285 cr | 50.1x | 14.5x | 29.9% | 16.70% | – | – | 1.66% |
| ANGELONE | ₹25,846 cr | 19.9x | 3.8x | 20.4% | 5.67% | – | +19.2% | 1.72% |
| IIFLCAPS | ₹10,681 cr | 18.8x | 3.9x | 22.6% | 6.22% | – | +19.4% | 0.87% |
| SHAREINDIA | ₹3,873 cr | 12.1x | 1.7x | 15.2% | 7.93% | – | +14.4% | 0.76% |
| ARSSBL | ₹2,818 cr | 17.4x | 2.0x | 10.7% | 3.20% | – | – | – |
| MONARCH | ₹2,572 cr | 14.2x | 2.6x | 20.5% | 11.52% | – | +33.6% | 0.31% |
| EMKAY | ₹740 cr | 44.8x | 2.4x | 5.8% | 0.93% | – | +23.3% | 1.38% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-03 | Dividend | Dividend - Rs 1.50 Per Share |
| 2025-08-04 | Dividend | Dividend - Rs 1.50 Per Share & Special Dividend Rs 2.50 Per Share |
| 2024-08-01 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2023-08-03 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2022-07-29 | Dividend | Annual General Meeting/Dividend - Rs 1.25 Per Share |
| 2021-07-29 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2020-08-20 | Other | Annual General Meeting |
| 2019-08-02 | Dividend | Annual General Meeting/Dividend - Rs 1 Per Share |
| 2018-08-01 | Dividend | Annual General Meeting/Final Dividend Rs 1.50 Per Share/Special Dividend Re 0.50 Per Share |
| 2017-07-28 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
| 2016-07-27 | Other | Annual General Meeting |
| 2016-03-22 | Dividend | Interim Dividend - Re 1/- Per Share |
| 2015-07-30 | Other | Annual General Meeting |
| 2014-08-01 | Other | Annual General Meeting |
| 2013-07-22 | Other | Annual General Meeting |
| 2012-07-24 | Dividend | Annual General Meeting And Dividend Re.0.50 Per Share |
| 2011-07-20 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2010-08-17 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2009-08-28 | Other | Annual General Meeting |
| 2008-08-21 | Dividend | Agm/Dividend - 17.50% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Financial Services |
| Industry | Stockbroking & Allied |
| Sub-industry | Stockbroking & Allied |
| Symbol | EMKAY |
| BSE code | 532737 |
| ISIN | INE296H01011 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.