EMS Limited Share Price in Focus; Bags L-1 Status for ₹218.65 Crore Rajasthan Sewerage Project

EMS Limited has emerged as the lowest bidder (L-1) for a sewerage and septage management project in Rajasthan, as per an exchange filing dated September 3, 2026.
The project, awarded by the Directorate of Local Bodies, Government of Rajasthan, has an estimated value of ₹218.65 crore, including GST.The work will cover six Urban Local Bodies (ULBs) in Ganganagar, Hanumangarh and Churu districts.
The project is part of the sewerage and wastewater work undertaken by the company for government authorities and local municipal bodies.
Scope of Work
The contract covers sewerage systems and Sewage Treatment Plants (STPs). It also includes laying, jointing, testing and commissioning of sewerage networks.
EMS Limited will have 18 months to complete the work. The contract includes a one-year defect liability period and 10 years of Operations and Maintenance (O&M) services.
Existing Order Book
As of June 30, 2026, EMS Limited had an order book of ₹2,328.91 crore. In June, the company received L-1 status for a sewerage project in Varanasi worth around ₹102.85 crore.
The company has water and sewerage projects across Uttar Pradesh, Maharashtra, Bihar, Uttarakhand, Rajasthan and West Bengal. Its work includes sewerage networks, water treatment plants and wastewater projects.
EMS Limited Q1 FY27 Performance
During Q1 FY27, standalone operating income increased 50.27% sequentially to ₹125.72 crore. Standalone EBITDA rose 39.81% to ₹25.53 crore.
On a consolidated basis, operating income was ₹157.24 crore, up 30.49% sequentially. Consolidated EBITDA increased 31.62% to ₹28.14 crore.
About EMS Limited
EMS Limited was incorporated in 2010 and provides EPC and O&M services in sewerage, water supply and wastewater projects.
The company also undertakes electricity transmission and distribution, construction-related manufacturing, and EPC work for buildings and roads.
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EMS Limited Share Price Performance
As of September 3, 2026, 2:42 pm, EMS Ltd share price was trading at ₹388.50, up 0.44% or ₹1.70 from the previous closing price.
Conclusion
The ₹218.65 crore Rajasthan project will be executed over 18 months and includes 10 years of O&M services. The company’s order book stood at ₹2,328.91 crore as of June 30, 2026.
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Published on: Sep 3, 2026, 3:50 PM IST

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