Emkay Global Financial Services Limited (EMKAY) AI Stock Analysis

• Market Cap: ₹5.48B
• Dividend Yield: 0.7%
• Average Volume (3M): 2.20K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 0.50
• Revenue Growth: 0.05%
• EPS Growth: 2.44%
• Country: IN
• Employees: 513
• Sector: Services
• Sector Strength: N/A
• Industry: Financial - Capital Markets
• EPS (TTM): 1.88
• Shares Outstanding: 25,580,013
• 10 Day Avg. Volume: 3,507
• 30 Day Avg. Volume: 2,197
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹236.00
• Price Target Upside: 10.23% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: ₹236.00 ▲(10.23% Upside)

Emkay Global Financial Services Limited shows a solid financial foundation with strong profitability and a robust balance sheet. However, the stock is currently experiencing bearish technical indicators, which may pose short-term challenges. The valuation is attractive, suggesting potential upside if operational and market conditions improve.

Emkay Global Financial Services Limited Business Overview & Revenue Model

Company Description

Emkay Global Financial Services Limited (EMKAY) is a prominent financial services company based in India, specializing in a wide range of services including equity broking, wealth management, institutional broking, and investment advisory. Operating primarily in the capital markets, EMKAY caters to individual investors, high-net-worth individuals, and institutional clients with products that encompass stock trading, mutual funds, and portfolio management services.

How the Company Makes Money

EMKAY generates revenue through multiple streams. Primarily, it earns income from brokerage fees charged on equity trading, which constitutes a significant portion of its revenue. Additionally, the company offers wealth management services that involve advisory fees and commissions on investments made by clients. Institutional broking also contributes to its earnings, as EMKAY provides research and trading services to institutional clients for a fee. The company may also generate income through the distribution of mutual funds and other financial products, earning commissions from asset management companies. Strategic partnerships with financial institutions and technology platforms further enhance its service offerings and can provide additional revenue opportunities.

Emkay Global Financial Services Limited Financial Statement Overview

Summary

Emkay Global Financial Services Limited exhibits a solid financial position with strong profitability and efficient operations. However, challenges in revenue growth and cash flow management need to be addressed to maintain long-term financial health. The balance sheet remains a strong point, providing stability and resilience against market fluctuations.

Income Statement

Emkay Global Financial Services Limited shows a mixed performance in its income statement. The company has maintained a strong gross profit margin, indicating effective cost management. However, the net profit margin has seen fluctuations, and the recent revenue growth rate is negative, suggesting potential challenges in revenue generation. The EBIT and EBITDA margins are healthy, reflecting operational efficiency, but the decline in revenue growth is a concern.

Balance Sheet

The balance sheet of Emkay Global is robust, with a low debt-to-equity ratio indicating conservative leverage. The return on equity is strong, showcasing effective use of shareholder funds. The equity ratio is stable, reflecting a solid financial foundation. Overall, the company maintains a healthy balance sheet with manageable debt levels and good equity utilization.

Cash Flow

Cash flow analysis reveals some weaknesses, particularly in free cash flow growth, which has been negative. The operating cash flow to net income ratio is concerning, indicating potential issues in cash generation from operations. However, the free cash flow to net income ratio is strong, suggesting that the company is still able to generate cash relative to its net income. Overall, cash flow management needs improvement to ensure sustainability.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.44B	3.58B	1.69B	3.10B	1.71B	1.37B
Gross Profit	2.18B	3.16B	274.03M	466.53M	404.38M	351.39M
EBITDA	749.80M	797.35M	48.45M	574.30M	569.34M	289.34M
Net Income	568.31M	568.31M	140.76M	324.39M	338.04M	111.33M
Balance Sheet
Total Assets	12.33B	12.33B	7.31B	10.65B	7.64B	5.65B
Cash, Cash Equivalents and Short-Term Investments	10.05B	10.05B	3.49B	8.07B	4.75B	3.59B
Total Debt	551.45M	551.45M	226.01M	417.18M	153.41M	100.00M
Total Liabilities	9.30B	9.30B	5.21B	8.24B	5.64B	3.98B
Stockholders Equity	3.03B	3.03B	2.10B	2.41B	2.01B	1.66B
Cash Flow
Free Cash Flow	0.00	-89.52M	-712.57M	135.22M	549.34M	580.89M
Operating Cash Flow	0.00	-20.90M	-634.19M	221.69M	597.42M	607.72M
Investing Cash Flow	0.00	-101.47M	50.73M	-62.36M	-40.20M	-30.00M
Financing Cash Flow	0.00	108.77M	-69.00M	24.10M	-72.85M	-57.00M

Emkay Global Financial Services Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 214.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

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 214.1 is below the 20-day moving average (MA) of 217.70, below the 50-day MA of 231.49, and below the 200-day MA of 242.95, indicating a bearish trend. The MACD of -5.08 indicates Negative momentum. The RSI at 42.74 is Neutral, neither overbought nor oversold. The STOCH value of 17.21 is Positive, 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
INDBANK	71 Outperform	₹1.55B	20.19		―	-5.33%	-25.00%
EMKAY	68 Neutral	₹5.48B	11.22		0.70%	0.05%	2.44%
ARROWGREEN	65 Neutral	₹8.62B	16.00		0.35%	28.16%	33.71%
ALANKIT	62 Neutral	₹3.81B	21.50		―	23.47%	-36.18%
DHRUV	60 Neutral	₹1.14B	14.27		0.35%	14.93%	8.79%
Sector *	56 Neutral	$13.75B	13.14	10.03%	0.89%	7.13%	-12.93%
SEMAC	―	₹1.65B	―		―	―	―