Emkay Global Financial Services Limited (EMKAY) AI Stock Analysis

• Market Cap: ₹5.59B
• Dividend Yield: 0.56%
• Average Volume (3M): 13.47K
• Price to Earnings (P/E): 42.7
• Beta (1Y): 0.42
• Revenue Growth: -19.22%
• EPS Growth: -65.09%
• Country: IN
• Employees: 513
• Sector: Services
• Sector Strength: N/A
• Industry: Financial - Capital Markets
• EPS (TTM): 1.66
• Shares Outstanding: 26,189,062
• 10 Day Avg. Volume: 1,542
• 30 Day Avg. Volume: 13,470
• PEG Ratio: 0.13
• Price to Book (P/B): 1.78
• Price to Sales (P/S): 1.70
• P/FCF Ratio: -60.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹224.00 ▼(-21.88% Downside)
• Action: Reiterated Date: 04/09/26
• Date: Action: Reiterated 04/09/26

The score is supported primarily by solid financial performance (especially balance-sheet strength and operating margins), but is pulled down by weak technicals (downtrend and negative momentum) and an expensive valuation (high P/E with low dividend yield).

Positive Factors

Balance sheet strength

Conservative leverage and a strong return on equity provide durable financial flexibility. A robust equity ratio and low debt burden support underwriting and capital markets activity, enabling strategic investments, cushioning cyclical downturns and preserving counterparty confidence over time.

Negative Factors

Declining revenue

A sustained top-line decline reduces scale and fee income in capital markets and advisory segments, pressuring leverage of fixed costs and limiting reinvestment capacity. Persistent revenue contraction raises strategic urgency to regain client activity or market share to restore durable growth.

Emkay Global Financial Services Limited Business Overview & Revenue Model

Company Description

Emkay Global Financial Services Limited, through its subsidiaries, provides stock broking, investment banking, portfolio management, and wealth management services in India. The company offers institutional equities, private wealth management and ...

Read more

Emkay Global Financial Services Limited, through its subsidiaries, provides stock broking, investment banking, portfolio management, and wealth management services in India. The company offers institutional equities, private wealth management and ...

How the Company Makes Money

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Emkay Global Financial Services Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.73B	3.17B	2.70B	1.95B	2.56B	1.39B
Gross Profit	670.14M	1.04B	668.71M	512.43M	1.26B	374.62M
EBITDA	365.93M	769.90M	556.69M	240.65M	552.82M	265.98M
Net Income	222.94M	568.31M	324.39M	140.76M	338.04M	111.33M
Balance Sheet
Total Assets	15.42B	12.33B	10.65B	7.31B	7.64B	5.65B
Cash, Cash Equivalents and Short-Term Investments	7.33B	10.05B	8.07B	4.20B	4.76B	3.36B
Total Debt	706.48M	551.45M	417.18M	375.70M	263.32M	253.28M
Total Liabilities	12.40B	9.30B	8.24B	5.21B	5.63B	3.98B
Stockholders Equity	3.02B	3.03B	2.41B	2.10B	2.01B	1.66B
Cash Flow
Free Cash Flow	-220.73M	-89.52M	135.22M	-712.57M	549.34M	580.89M
Operating Cash Flow	-175.44M	-20.90M	221.69M	-634.19M	597.42M	607.72M
Investing Cash Flow	-80.15M	-101.47M	-62.36M	50.73M	-40.20M	-30.00M
Financing Cash Flow	-76.21M	108.77M	24.10M	-69.00M	-72.85M	-57.00M

Emkay Global Financial Services Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 286.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EMKAY, the sentiment is Negative. The current price of 286.75 is above the 20-day moving average (MA) of 211.86, above the 50-day MA of 233.27, and above the 200-day MA of 259.43, indicating a bearish trend. The MACD of -10.47 indicates Positive momentum. The RSI at 37.05 is Neutral, neither overbought nor oversold. The STOCH value of 32.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EMKAY.

Emkay Global Financial Services Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARROWGREEN	78 Outperform	₹8.15B	14.33	―	0.78%	4.16%	-5.39%
INDBANK	71 Outperform	₹1.44B	20.15	―	―	-18.35%	-43.75%
EMKAY	60 Neutral	₹5.59B	42.74	―	0.56%	-19.22%	-65.09%
ALANKIT	58 Neutral	₹2.45B	9.79	―	―	19.69%	-33.44%
DHRUV	56 Neutral	₹694.18M	-0.73	―	0.42%	-9.83%	-5.90%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Emkay Global Financial Services Limited Corporate Events