EMS / guidance tracker

Keep management guidance in view.

Ems · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Q4 FY26 PAT margin above 15%

Management expects PAT margin for full FY26 to be above 15%, implying a strong Q4 recovery from Q3's ~10%.

margins

Order book to reach ~₹3,000 Cr by Q1 FY27

Current order book of ₹2,200 Cr expected to grow by 40-50% in Q1 FY27, driven by new project wins.

growth

Promoter pledge to be reduced to zero by FY27 end

Outstanding personal loan of ₹140 Cr to be reduced to ₹100 Cr by Q4 FY26 and fully repaid in FY27.

other