Earning Presentation

27th July, 2026 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, P. J. Tower, Dalal Street, Bandra (East), Mumbai- 400 051. Mumbai 400 001. Equity Scrip Code: EMKAY Equity Scrip Code: 532737 Debt Scrip Codes: 976528, 977388 Dear Sir/Madam, Sub: Disclosure under relevant provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Further to our submission i.e. Outcome of Board Meeting dated 27th July, 2026, please find enclosed herewith the Earning Presentation of the Unaudited Financial Results of the Company for the Quarter ended 30th June, 2026. The same is being uploaded on the website of the Company i.e. https://www.emkayglobal.com/investor-presentation. We request you to kindly take the same on your record. Thanking you, Yours faithfully, For Emkay Global Financial Services Limited Nishant S. Shirke Company Secretary and Compliance Officer Administrative Office: Paragon Centre, C-06, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai - 400 013. Tel: +91 22 6629 9299 Fax: +91 22 6629 9105 Email: compliance@emkayglobal.com Registered Office:The Ruby,7th Floor, Senapati Bapat Marg, Dadar (West), Mumbai - 400 028. Tel: +91 22 6612 1212 Fax: +91 22 6612 1299 Website: www.emkayglobal.com CIN: L67120MH1995PLC084899 EMKAY GLOBAL FINANCIAL SERVICES LIMITED EARNINGS Your success PRESENTATION is our success A 30-year legacy in capital markets for the quarter ended 30th June 2026 Emkay Global Financial Services Limited FY27 Capital Markets | Asset Management | Wealth Management www.emkayglobal.com DearInvestors, Greetings! Against this backdrop, Emkay delivered a strong operating performance during the Q1 FY27 was a strong quarter for the domestic equity markets. The Nifty 50, Nifty quarter. Consolidated revenue increased 24% year-on-year to ₹965 million, while Mid-cap 150 and Nifty Small-cap 250 delivered returns of 7.4%, 17.4% and 24.1%, consolidated profit after tax grew 90% to ₹91 million. respectively. This performance came despite heightened volatility arising from the US-Iran conflict, which led to sharp swings in crude oil prices—rising above Our Asset Management business continued its strong momentum, with PMS and US$100 per barrel in April, falling to around US$60 in June, and subsequently AIF assets under management increasing 61% year-on-year to ₹23,700 million, recovering to nearly US$90 per barrel. During the same period, the Indian Rupee compared with ₹14,689 million a year ago. All nine investment strategies also came under pressure, with the USD/INR moving from 92.64 to beyond the 96 outperformed their respective benchmarks during the quarter. mark. The Wealth Management business continued to strengthen its franchise, with Corporate earnings, however, remained resilient. Q4 FY26 earnings growth stood Wealth AUM reaching ₹2,05,444 million as on 30 June 2026.. Wealth at 7% for the Nifty, 40.7% for mid-cap companies, and 8.5% for small-cap Management expanded its footprint with the addition of four new locations, companies. Markets recognized the disconnect between corporate performance strengthened its relationship management team, and successfully migrated to a and valuations, leading to the broad-based rally witnessed during the quarter. The new technology platform to support future growth. temporary truce reached between the US and Iran in mid-June also helped improve market sentiment as crude oil prices moderated. Technology remained a key strategic focus as we continued to invest in digital transformation, trading infrastructure, enterprise data capabilities, cloud readiness The Reserve Bank of India introduced the FCNR(B) deposit scheme to attract NRI and cybersecurity. dollar deposits and strengthen foreign exchange reserves. Expected inflows of US$50-70 billion should help stabilize the Rupee and support credit growth over Our Institutional Equities franchise remained actively engaged with investors the next three to four quarters. Early Q1 FY27 earnings have also been through nine roadshows, twenty-six corporate, expert and client interactions, and encouraging, with credit growth across most banks remaining above 15%, while two group events. several FMCG companies have reported better-than-expected volume growth and margins. The IT sector, after correcting by nearly 35% over the past year, has also While near-term uncertainties remain, India's macroeconomic fundamentals shown signs of stabilizing, supported by expectations that enterprise AI continue to provide confidence. implementation could create new opportunities for Indian IT service providers. At Emkay, we remain focused on disciplined execution, strengthening our franchise Domestic participation remained strong, with inflows of approximately ₹2.2 lakh across businesses, and creating long-term value for our clients and shareholders. crore, even as Foreign Portfolio Investors recorded net outflows of around ₹1.75 lakh crore during the quarter. Globally, investor enthusiasm remained elevated, as reflected in the listing of SpaceX. The company debuted at an initial valuation of WarmRegards, US$1.77 trillion, touched an intraday market capitalization of US$2.95 trillion, and currently stands at around US$1.56 trillion. These extraordinary valuation swings are indicative of the exuberance prevailing in certain segments of the US equity KrishnaKumarKarwa&PrakashKacholia markets. ManagingDirectors Q1 | FY27 2 INVESTOR INSIGHTS Addressing Your Key Questions Q1 | FY27 3 CAPITAL MARKETS How did capital market activity trend in Q1 FY27 compared to the Has the IPO market become more active compared to FY26? previous quarter? The sentiment has improved meaningfully from the weaker levels seen in It was a mixed quarter for overall capital market activity. Derivatives volumes the second half of FY26. While activity has not yet returned to the highs returned to their long-term run rates after the one-time spike seen in Q4 witnessed in earlier periods, investor confidence has gradually FY26. Cash market volumes, however, remained strong, driven by strengthened, leading to better outcomes in the IPO market. Companies proprietary and retail participation, with steady activity from both domestic are also becoming more comfortable evaluating listing opportunities as and foreign institutional investors. market conditions stabilize. Primary market activity also picked up meaningfully after a relatively subdued second half of FY26. The easing of tensions in the Middle East and the sharp Are investors becoming more comfortable with mid-and small-cap correction in crude oil prices were important catalysts, helping improve issuances following the correction in valuations? market sentiment and supporting activity across segments. There has been a noticeable shift in investor behaviour. The sharp correction in valuations has brought the focus back to fundamentals, with Have FII participation and institutional sentiment improved duringthe investors placing greater emphasis on business quality, earnings quarter? visibility, and valuation discipline. The rigid size preferences that Q1 FY27 witnessed the highest level of FPI selling in the last five quarters, emerged during FY26 also appear to be easing, allowing well-positioned driven by the continued strength of the global AI trade and concerns around microcap companies to attract investor interest on the strength of their India's vulnerability to higher energy prices. That said, sentiment improved as underlying businesses rather than purely on scale. the quarter progressed. Most of the selling was concentrated in April and May, while June saw a noticeable improvement in investor confidence. What are the key factors that could influence capital market activity Domestic institutions continued to provide strong support, with healthy over the remainder of FY27? inflows despite the cautious market enviro [Showing first 8,000 characters — download PDF for full document]