Ems

EMS Ltd reported a weak Q3 FY26, with revenue and PAT significantly below expectations due to extended monsoon in Uttarakhand and delayed project starts. Management cited 15-20 daysCurrent reported value: 15-20 days. No comparable prior figure is available in the source record. of work loss from natural disasters and 50% of the order bookCurrent reported value: 50% of the order book. No comparable prior figure is available in the source record. (₹1,100 Cr) in design phase, incurring costs without revenue recognition. PAT margin for the quarter fell to ~10%, though 9-month PAT margin remains at 15.86%Current reported value: 15.86%. No comparable prior figure is available in the source record.. Order book stands at ₹2,200 CrCurrent ₹2,200 Cr. Reported change: +40-50% expected by Q1 FY27. with a bidding pipeline of ₹4,000 CrCurrent ₹4,000 Cr. Reported change: N/A.. Management guided for Q4 improvement but cautioned full recovery only by Q1 FY27. Key risk: continued execution delays and margin compression from competitive bidding and project ramp-up costs.