EMA Partners India reported FY26 consolidated revenue of ₹87 crore (+18% YoY), with EBITDA of ₹14 crore (+8% YoY) and PAT of ₹12 crore.
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The war that erupted in late February 2026 caused pressure on the professional search business in Dubai, with March activity affected. Normalization is not yet complete.
high · analyst_questionDespite management's expectation of EBITDA positivity in FY27, the new verticals (James Douglas, MyCloud) are still in investment phase and may take longer to break even if revenue growth slows.
medium · data_observationSingapore and Dubai subsidiaries have shown significant revenue and margin swings due to restructuring and new business ramp-up, creating uncertainty in consolidated results.
medium · data_observationManagement is conserving cash for potential acquisitions, but no specific targets or timelines were provided, raising uncertainty about value-accretive deployment.
low · management_commentary