Ema Partners India Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L74140MH2003PLC142116 Incorporated 09 September 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: EMAPARTNER Public Limited Company business services
Data last updated
Market Cap
₹188 Cr
EMAPARTNER-SM · NSE
Share Price
₹86.35
+6.60% today
Revenue
₹87.36 Cr
FY 2025-26 · +18.2% YoY
EBITDA
₹14.37 Cr
Margin 16.4%
Net Profit
₹12.31 Cr
FY 2025-26 · +23.7% YoY
P/E (TTM)
14.6x
P/B 1.2x
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11.26 Cr
Issued & subscribed

About Ema Partners India Limited

Data last updated:

Ema Partners India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 09 September 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74140MH2003PLC142116. Its GSTIN is 27AABCE2277M1ZD (Maharashtra). The company holds 4 GST registrations, all of them active. Its shares are listed on NSE: EMAPARTNER.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.26 Cr. It was formerly known as Executive Management Associates India Private Limited. It is led by directors including Krishnan Sudarshan (Managing Director) and Subramanian Krishnaprakash (Whole-Time Director).

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 204 The Summit Business Bay Western Express Highway, Vile Parle East, Maharashtra, India – 400057.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹87.36 Cr, a growth of 18.2% compared to the previous year. For the same year it recorded a net profit of ₹12.31 Cr (net margin 14.1%) and EBITDA of ₹14.37 Cr (EBITDA margin 16.4%). The net worth stands at ₹153.71 Cr (up 11.8% YoY). Total assets are valued at ₹154.3 Cr (up 11.1% YoY).

The company has about 13 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: EMA Partners. As per MCA filings, the company has open charges of ₹23.94 Cr and satisfied charges of ₹16.19 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹9.54 Cr; the latest was in January 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ema-partners.com.

Company Details of Ema Partners India Limited
CIN L74140MH2003PLC142116
Registration Number 142116
Incorporation Date 09 September 2003
ROC Mumbai
Listing Status Listed (NSE: EMAPARTNER)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name History

Ema Partners India has undergone 2 name changes throughout its history. The company was previously known as Executive Management Associates India Private Limited, and Ema Partners India Limited. The current legal name is Ema Partners India Limited.

Company NameStatus
Ema Partners India LimitedCurrent
Executive Management Associates India Private LimitedPrevious

CIN History

Ema Partners India has one previous CIN (Corporate Identification Number): U74140MH2003PTC142116. The current CIN is L74140MH2003PLC142116, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74140MH2003PLC142116Current
U74140MH2003PTC142116Previous
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    204 The Summit Business Bay Western Express Highway, Vile Parle East, Maharashtra, India – 400057
  • Industry
    Business Services, Management Consultancy
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Financials, compliance, directors, charges, ownership and filings for Ema Partners India Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands

Ema Partners India operates one associated brand: EMA Partners. Each brand links to its own profile.

BrandDescriptionWebsite
Executive search and leadership advisory services are provided globally.emapartners.in

Business Activity

The main business activity of Ema Partners India is professional, scientific and technical. In detail, this covers management consultancy activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM3Management consultancy activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Financials of Ema Partners India Limited

FY 2025-26 filings available

Ema Partners India Limited reported revenue of ₹87.36 Cr (up 18.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹87.36 Cr
+18.2% YoY
EBITDA
₹14.37 Cr
+7.7% YoY
Profit After Tax
₹12.31 Cr
+23.7% YoY
Net Worth
₹154 Cr
+11.8% YoY
Total Assets
₹154 Cr
+11.1% YoY
Total Debt
₹0.59 Cr
-56.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue87.3673.9367.3050.1456.96
Revenue growth+18.2%+9.9%+34.2%-12.0%-
EBITDA14.3713.3416.534.1014.15
EBITDA margin+16.5%+18.0%+24.6%+8.2%+24.8%
Profit before tax15.1015.7916.683.9413.82
Net profit12.319.9513.853.0211.04
Net profit margin+14.1%+13.5%+20.6%+6.0%+19.4%
EPS (₹)5.295.43337.4272.59225.41
Balance sheet
Total assets15413962.5941.2844.66
Net worth15413854.0139.9739.44
Total debt0.591.347.580.563.90
Cash & bank62.7865.1621.5914.6219.05
Net working capital78.9270.8028.7417.6521.00
Cash flow
Cash from operations(0.66)12.6311.922.728.33
Cash from investing28.10(79.34)(11.79)(1.13)(3.36)
Cash from financing(0.82)62.696.83(6.02)(0.92)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue40.2910.9414.3614.8715.04
Revenue growth+268.3%-23.8%-3.4%-1.1%-
EBITDA9.09(0.35)1.353.484.33
EBITDA margin+22.6%-3.2%+9.4%+23.4%+28.8%
Profit before tax11.572.442.263.424.32
Net profit8.77(0.60)1.302.712.89
Net profit margin+21.8%-5.5%+9.1%+18.2%+19.2%
EPS (₹)3.770.8539.0565.4861.66
Balance sheet
Total assets11310336.4628.4031.42
Net worth11310329.9128.2627.99
Total debt0.340.596.550.143.43
Cash & bank40.7555.312.503.825.76
Net working capital44.4558.746.366.068.44
Cash flow
Cash from operations5.47(1.67)0.785.570.81
Cash from investing9.26(62.84)(7.91)(1.72)(1.84)
Cash from financing(0.29)63.326.29(5.79)(0.49)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue87.3673.9367.3050.1456.96
Revenue growth+18.2%+9.9%+34.2%-12.0%-
Other income3.225.091.540.920.91
Total expenses72.9960.5950.7746.0442.81
Employee cost0.0045.5738.3935.0834.58
EBITDA14.3713.3416.534.1014.15
EBITDA margin+16.5%+18.0%+24.6%+8.2%+24.8%
Depreciation2.422.051.160.880.78
Interest0.070.590.230.200.46
Profit before tax15.1015.7916.683.9413.82
Tax2.793.372.060.992.33
Net profit12.319.9513.853.0211.04
Net profit margin+14.1%+13.5%+20.6%+6.0%+19.4%
EPS (₹)5.295.43337.4272.59225.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital11.6211.620.040.040.05
Reserves & surplus14212653.9739.9339.39
Shareholders' funds (net worth)15413854.0139.9739.44
Minority interest0.000.000.930.591.16
Secured loans0.591.347.580.563.90
Unsecured loans0.000.000.000.000.00
Total debt0.591.347.580.563.90
Total liabilities15413962.5941.2844.66
Assets
Gross block28.7127.8219.6215.6715.31
Net block20.2520.0712.569.449.96
Capital work in progress0.200.007.500.000.00
Investments45.5943.519.298.397.30
Inventories0.000.000.000.000.00
Sundry debtors25.4213.1618.7812.6513.84
Cash & bank balances62.7865.1621.5914.6219.05
Loans & advances6.997.501.981.891.48
Total current assets95.1985.8242.3529.1634.37
Total current liabilities16.2715.0213.6111.5113.37
Net working capital78.9270.8028.7417.6521.00
Total assets15413962.5941.2844.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash11.1115.1414.6219.0515.00
Net cash from operating activities(0.66)12.6311.922.728.33
Net cash from investing activities28.10(79.34)(11.79)(1.13)(3.36)
Net cash from financing activities(0.82)62.696.83(6.02)(0.92)
Net change in cash26.61(4.03)6.97(4.43)4.05
Closing cash62.7865.1621.5914.6219.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+18.2%+9.9%+34.2%-12.0%-
EBITDA growth+7.7%-19.3%+303.2%-71.0%-
PBT growth-4.4%-5.3%+323.4%-71.5%+9997.0%
Net income growth+23.7%-28.2%+358.6%-72.6%-
Revenue CAGR (3Y)+20.3%+9.1%---
EBITDA CAGR (3Y)+51.9%-2.0%---
Profitability & leverage
Net income margin+14.1%+16.8%+21.7%+5.9%+20.2%
Return on capital employed-+12.9%+33.1%+9.8%+32.8%
Return on net worth-+10.2%+31.1%+7.4%+29.1%
Debt / equity-0.050.090.060.10
Long-term debt / equity-0.040.080.040.08
Interest cover0.595.231.506.213.44
Efficiency & per share
Fixed asset turnover-3.123.813.243.72
Inventory turnover-0.000.000.000.00
Debtors turnover-4.634.283.794.12
EPS (₹)5.295.43337.4272.59225.41
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)0.0059.151,276.96944.86788.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue40.2910.9414.3614.8715.04
Revenue growth+268.3%-23.8%-3.4%-1.1%-
Other income3.934.521.790.751.03
Total expenses31.2011.2913.0111.3910.71
Employee cost0.005.905.897.006.89
EBITDA9.09(0.35)1.353.484.33
EBITDA margin+22.6%-3.2%+9.4%+23.4%+28.8%
Depreciation1.411.250.730.650.66
Interest0.040.480.150.160.38
Profit before tax11.572.442.263.424.32
Tax2.800.450.600.641.23
Net profit8.77(0.60)1.302.712.89
Net profit margin+21.8%-5.5%+9.1%+18.2%+19.2%
EPS (₹)3.770.8539.0565.4861.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital11.6211.620.040.040.05
Reserves & surplus10191.0429.8728.2227.94
Shareholders' funds (net worth)11310329.9128.2627.99
Secured loans0.340.596.550.143.43
Unsecured loans0.000.000.000.000.00
Total debt0.340.596.550.143.43
Total liabilities11310336.4628.4031.42
Assets
Gross block22.2623.1615.3513.8713.65
Net block16.3317.129.658.538.95
Capital work in progress0.200.007.500.000.00
Investments43.0021.0010.0010.258.73
Inventories0.000.000.000.000.00
Sundry debtors11.041.896.515.635.83
Cash & bank balances40.7555.312.503.825.76
Loans & advances5.726.600.770.570.42
Total current assets57.5163.809.7810.0212.01
Total current liabilities13.065.063.423.963.57
Net working capital44.4558.746.366.068.44
Total assets11310336.4628.4031.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash1.262.453.285.767.28
Net cash from operating activities5.47(1.67)0.785.570.81
Net cash from investing activities9.26(62.84)(7.91)(1.72)(1.84)
Net cash from financing activities(0.29)63.326.29(5.79)(0.49)
Net change in cash14.44(1.18)(0.84)(1.94)(1.52)
Closing cash40.7555.312.503.825.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+268.3%-23.8%-3.4%-1.1%-
EBITDA growth+2697.1%-125.9%-61.2%-19.6%-
PBT growth+374.2%+8.0%-33.9%-20.8%+9997.0%
Net income growth+1561.7%-146.2%-52.0%-6.2%-
Revenue CAGR (3Y)+39.4%-10.1%---
EBITDA CAGR (3Y)+37.7%----
Profitability & leverage
Net income margin+21.8%+18.2%+11.6%+18.7%+20.6%
Return on capital employed--0.4%+5.9%+12.0%+14.9%
Return on net worth--0.9%+4.4%+9.9%+11.0%
Debt / equity-0.050.120.060.12
Long-term debt / equity-0.050.110.050.09
Interest cover0.52-30.0024.195.6510.35
Efficiency & per share
Fixed asset turnover-0.570.981.081.10
Inventory turnover-0.000.000.000.00
Debtors turnover-2.602.372.602.58
EPS (₹)3.770.8539.0565.4861.66
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)0.0044.16707.35668.07559.79
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Board of Directors of Ema Partners India Limited

Ema Partners India has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishnan SudarshanManaging Director09 Sep 200323 Years 1 MonthsCurrent
Subramanian KrishnaprakashWhole-Time Director09 Sep 200323 Years 1 MonthsCurrent
Shekhar GanapathyWhole-Time Director15 Oct 200323 Years 0 MonthsCurrent
Anand BalasundaramDirector11 Apr 20251 Years 6 MonthsCurrent
Archana Niranjan HingoraniDirector10 Jul 20242 Years 3 MonthsCurrent
Rajat Kumar JainDirector10 Jul 20242 Years 3 MonthsCurrent

Charges & Borrowings

Open charges
₹23.94 Cr
Satisfied charges
₹16.19 Cr
Breakdown by lending institutions
Axis Bank Limited₹23.00 Cr
Others₹0.94 Cr
Latest charge details
DateLenderAmountStatus
23 Jun 2026Axis Bank Limited₹8.12 CrOpen
23 Jun 2026Axis Bank Limited₹14.88 CrOpen
30 Nov 2023Others₹94.4 LakhOpen
24 Feb 2026Axis Bank Limited₹4.5 CrSatisfied
16 Feb 2024Axis Bank Limited₹5.6 CrSatisfied

Total charge records: 7 View all charges

Deals & Funding

Ema Partners India Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹9.54 Cr; the latest was in January 2025.

Total deals
5
Funding rounds
2
Secondary share transfers
2
IPO
1
Disclosed funding
₹9.54 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Jan 2025IPO₹76.01 CrInvestors: IPO Shareholder -Ema Partners India Limited, Whiteoak Capital Multi Cap Fund, Negen Undiscovered Value Fund
Seller: 3 individuals
Sep 2024Funding round₹9.5 CrInvestors: Negen Undiscovered Value Fund, 3 individuals
Aug 2022Secondary share transferUndisclosedSeller: an individual
Mar 2008Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals
Oct 2007Funding round₹3.7 LakhInvestors: 3 individuals

Full deal history: available in the company report

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays

Ema Partners India Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Brewlette Food and Beverages Private Limited••••••••••••

Full MSME payment history: available in the company report

Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance

Employment history and EPFO contributions of people linked to Ema Partners India.

Employee and EPFO history: available in the company report

Recent Activity

Ema Partners India Limited has 15 board changes on record since 2003: 6 appointments and 9 cessations. The latest: Anand Balasundaram ceased to be Additional Director on 25 Sep 2025.

Charges
A charge registered on 24 Feb 2026 via Charge ID 101248980 with Axis Bank Limited was fully satisfied on 23 Jul 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.12 Cr with Charge ID 101337574 was registered on 23 Jun 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 14.88 Cr with Charge ID 101337575 was registered on 23 Jun 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.50 Cr with Charge ID 101248980 was registered on 24 Feb 2026.
AGM
Ema Partners India Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Anand Balasundaram ceased to be Additional Director.
Ceased
Manishkumar Anjanikumar Dhanuka ceased to be CFO.
Appointed
Anand Balasundaram was appointed as Director.
Filing
Ema Partners India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Arun Dasmahapatra ceased to be Director.
Charges
A charge registered on 16 Feb 2024 via Charge ID 100867244 with Axis Bank Limited was fully satisfied on 14 Feb 2025.
Ceased
Ravi Dharmarajan Swamy ceased to be Director.

17 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts

Credit ratings, litigation, and regulatory alerts: available in the company report

Subsidiaries & Group Companies

Corporate group structure: available in the company report

GST Compliance

Ema Partners India has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
27AABCE2277M1ZDMaharashtraActive01 Jul 2017
06AABCE2277M1ZHHaryanaActive01 Jul 2017
29AABCE2277M1Z9KarnatakaActive01 Jul 2017
33AABCE2277M1ZKTamil NaduActive01 Jul 2017

GST registrations and filing compliance: available in the company report

MCA Filings & Documents

MCA filings and documents: available in the company report

Frequently Asked Questions

Ema Partners India is an active public limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 09 September 2003 (23+ years old) and is registered under CIN L74140MH2003PLC142116. Listed on NSE: EMAPARTNER.

Ema Partners India reported revenue of ₹87.36 Cr for FY 2025-26 (up 18.2% YoY) based on consolidated financials.

Ema Partners India has 6 current directors:

The latest financial statements of Ema Partners India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ema Partners India is 27AABCE2277M1ZD, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AABCE2277M1ZH (Haryana), 29AABCE2277M1Z9 (Karnataka), 33AABCE2277M1ZK (Tamil Nadu).

The CIN (Corporate Identification Number) of Ema Partners India is L74140MH2003PLC142116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ema Partners India is listed on NSE with symbol EMAPARTNER.

Ema Partners India has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.

Ema Partners India was incorporated on 09 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Ema Partners India has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹9.54 Cr; the latest was in January 2025.

Anand Balasundaram ceased to be Additional Director on 25 Sep 2025. Manishkumar Anjanikumar Dhanuka ceased to be CFO on 30 Jun 2025. Anand Balasundaram was appointed as Director on 11 Apr 2025. Ema Partners India has 15 board changes on record in total.

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