Annual Report of EMS Limited for the FY 2025-26

September 01st, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G Dalal Street, Bandra Kurla Complex, Mumbai- 400 001 Bandra (E) Mumbai- 400 051 Scrip Code: 543983 NSE Symbol: EMSLIMITED Subject: - Notice convening the 16th Annual General Meeting of EMS Limited and the Integrated Annual Report for the financial year 2025-26 Dear Sir/Madam, Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we are enclosing herewith the Integrated Annual Report of the Company including the Notice convening the 16th AGM and other Statutory Reports for the Financial Year 2025-26, which is being sent through electronic mode to those Members whose e-mail addresses are registered with the Company/Registrar & Share Transfer Agent (‘RTA’)/Depository Participant(s) (‘DPs’). Further, in accordance with the Regulation 36(1)(b) of the SEBI Listing Regulations, the Company has initiated sending a letter to the Shareholders whose e-mail addresses are not registered with the Company/RTA/DPs, providing a web-link from where the Integrated Annual Report can be accessed on the website of the Company. The Integrated Annual Report containing the Notice of the AGM is also available on the website of the Company https://ems.co.in/home/images/pdfs/Annual-Report-FY- 2025-2026.pdf Request you to take the same on your records. Thanking you. Yours faithfully, For EMS Limited Ashish Tomar Managing Director & CFO DIN: 03170943 Encl: As above Sustainable Growth 16th ANNUAL REPORT 2025-26 Growing Through Challenges India faces increasing water stress due to rapid population growth, urbanization, and declining freshwater resources. Over-extraction of groundwater and uneven rainfall patterns have intensified the crisis, making efficient water management and treatment essential for long-term sustainability. Water stress is more than just an environmental issue—it affects people’s lives, the economy, and fairness in society. That’s why time is running out, and taking action has become very urgent. WEIVREVO ETAROPROC 1-16 02 - Our Management & KMPs 03 - Corporate Information 04 - About Us 06 - Message from Chairman Desk 07 - MD Message TROPER YROTUTATS 17-147 17 - Notice of Annual General Meeting 32 - Director’s Report 58 - Corporate Governance Report 94 - Management Discussion & Analysis Report 105 - Business Responsibility and Sustainability Report STNEMETATS LAICNANIF Highlights of 2025-26 (* Figures are on Standalone Basis) Turnover 60,810.21 lakhs Net Profits 8,846.93 lakhs Net Worth 148-306 1,03,872.53 lakhs Standalone 148 - Independent Auditor’s Report 160 - Balance Sheet 161 - Statement of Profit and Loss Account EBITDA 163 Cash Flow Statement 14,062.24 lakhs 165 Notes to Financial Statements Consolidated 218 - Independent Auditor’s Report 228 - Balance Sheet Total Assets 229 - Statement of Profit and Loss Account 231 Cash Flow Statement 1,21,863.33 lakhs 233 Notes to Financial Statements EMS LIMITED Management & KMPs BOARD OF DIRECTORS Shri Ramveer Singh Mr. Ashish Tomar Mrs. Kritika Tomar Chairman and Director Managing Director Whole-time Director and Chief Financial Officer Ms. Swati Jain Mrs. Chetna Mr. Achal Kapoor Non-Executive Non-Executive Non-Executive Independent Director Independent Director Independent Director Mr. Mukesh Garg Mr. Harish Kumar Kansal Mr. Himanshu Non-Executive Chief Executive Officer Company Secretary and Independent Director Compliance Officer 2 Annual Report 2025-26 01 - 16 17 - 147 148 - 306 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS Corporate Information Audit Committee Nomination and Remuneration Committee Mrs. Chetna Mr. Mukesh Garg Chairperson Chairperson Mr. Mukesh Garg Mr. Achal Kapoor Member Member Mr. Ashish Tomar Ms. Swati Jain Member Member Stakeholder Relationship Committee Risk Management Committee Ms. Swati Jain Mr. Ashish Tomar Chairperson Chairperson Mrs. Kritika Tomar Shri Ramveer Singh Member Member Mr. Ashish Tomar Ms. Swati Jain Member Member Corporate Social Responsibility Committee Takeover and Management Committee Mrs. Kritika Tomar Shri Ramveer Singh Chairperson Chairman Mr. Achal Kapoor Mr. Ashish Tomar Member Member Mr. Ashish Tomar Mr. Achal Kapoor Member Member QIP Committee Registered Officer and Corporate Office Mr. Ashish Tomar Registered Office: 701, DLF Tower A, Jasola, Chairperson New Delhi-110 025 Shri. Ramveer Singh CIN: L45205DL2010PLC211609 Member Corporate Office: C 88 2nd Floor RDC, Raj Nagar Ghaziabad-201 002, Uttar Pradesh Mr. Achal Kapoor Member Email: ems@ems.co.in Auditors Statutory Auditor Secretarial Auditor Ajay Kumar Kapoor & Company, R&D Company Chartered Accountants Secretaries Internal Auditor Cost Auditor Garg Sanjay Kumar & Associates Jatin Sharma & Co. Chartered Accountant Cost Accountants Registrar and Share Transfer Agent Bankers KFin Technologies Limited Punjab National Bank Address: Selenium, Tower B, Plot No- 31 & 32, Bank of India Financial District, HDFC Bank Limited Nanakramguda, Hyderabad, Telangana 500032 Kotak Mahindra Bank Limited Email id: einward.ris@kfintech.com Indusind Bank Ltd Website: www.kfintech.com Axis Bank Limited ICICI Bank Limited Yes Bank Limited Listed on Depositories BSE Limited National Securities Depository Ltd. (NSDL) National Stock Exchange of India Limited Central Depositories Services India Ltd. (CDSL) Website www.ems.co.in Annual Report 2025-26 3 EMS LIMITED ABOUT US Our Services & Solutions Water and waste water projects such as water treatment plants, water Irrigation projects such as transmission and distribution systems, cross-drainage works, lift elevated reservoirs and ground level irrigation projects, dams and service reservoirs, sewage treatment barrages. plants, common effluent treatment plants, tertiary treatment plants, underground drainage systems and lake THE EMS restorations and also executing of HAM Projects. USPs  Maximum company's projects are funded by the World Bank, the central government and other agencies  Leads to Zero bad debts and zero Building construction which delinquencies includes commercial, residential, public, institutional and corporate  ISO 9001:2015 certified for quality Power transmission and buildings, mass housing projects distribution projects such and related infrastructure and management system as electricity transmission facilities such as hospitals and  Geographical footprint across key networks, substation feeder shopping malls. lines and low tension states of demand with low organised distribution lines. competition. Industrial construction Transportation projects projects such as industrial such as expressways, parks, SEZs and related highways, bridges, flyovers works. and dedicated service corridors. 4 Annual Report 2025-26 01 - 16 17 - 147 148 - 306 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS W ho we Are Transformation through Integrated Solution EMS Limited, ISO 9001:2015 Certified, is a multi-disciplinary EPC Company, having registered office at Delhi & Corporate Office at Ghaziabad, Uttar Pradesh that specializes in Providing Turnkey Projects in Water & Waste Water Collection, Treatment as well as disposal. Such projects also include laying of Sewerage network, wherever required as per the scope of work awarded. EMS has been committed to sustainable development with the objective to convert every drop of wastewater into clean water which can be further reused for the people of the nation and the scarcity of the clean water can be reduced. Annual Report 2025-26 5 EMS LIMITED Message from Chairman desk Dear Valued Shareholders, It is with immense pride and gratitude that I present to you the Annual Report of Your company EMS Limited. Our journey this year was full of challenges mostly affected by landslides, heavy monsoon season and changes in regulatory requirements. Amid evolving regulatory landscapes, rising environmental concerns, [Showing first 8,000 characters — download PDF for full document]