EMS

What EMS does

EMS Limited is an ISO 9001:2015-certified multi-disciplinary EPC company headquartered in Ghaziabad, Uttar Pradesh, that has specialized since 1998 in turnkey water and wastewater infrastructure for Indian government clients. The company's core offering spans engineering, design, procurement, construction and installation of water treatment plants, water transmission and distribution networks, elevated and ground-level reservoirs, sewage treatment plants, common effluent treatment plants (CETPs), tertiary treatment plants, underground drainage systems, and lake restoration works. Turnkey project execution, typically on multi-year contracts, forms the technical backbone, with subsidiaries including SKUEM Water Projects (operating a 4.5 MLD CETP in SIDCUL) and EMS Green Energy (solar EPC and O&M) extending the platform.

The company operates a sales-led, government-tendering go-to-market model, securing contracts through competitive bidding as lowest (L-1) bidder for state Jal Nigams and municipal corporations. Customer concentration is heavily skewed toward UP Jal Nigam (Urban) in Varanasi, Ayodhya, and Fatehpur, with additional projects from Kolkata Municipal Corporation and select industrial/logistics clients such as Deltabulk Shipping. Revenue is recognized on a project-execution basis under EPC contracts (one-time license model), supplemented by recurring O&M revenue from operational assets. The fiscal picture is mixed: FY26 saw a 24% revenue decline driven by government payment delays through the SPARSH portal, Q4 FY26 consolidated net profit fell 88% to Rs 5.58 crore, and the stock declined approximately 53% over the prior year. The company is pursuing a turnaround through over Rs 455 crore of new Varanasi order wins in April-June 2026, a Rs 300 crore QIP approved in February 2026, and strategic partnerships announced in December 2025 to diversify into sewage treatment and ready-mix concrete verticals.

Name

EMS

Legal name

EMS Limited

Website

https://ems.co.in

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

EMS Limited is an India-based ISO 9001:2015-certified multi-disciplinary EPC company providing turnkey water and wastewater infrastructure services — including water treatment plants, sewer networks, sewage treatment plants, and CETPs — to state Jal Nigams and municipal government clients, primarily in Uttar Pradesh.

Ownership category

akta.pro rank

Headquarters

HQ city

Ghaziabad

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. EPC Contract Revenue: EMS generates revenue through engineering, procurement, and construction contracts for water and wastewater infrastructure projects awarded by government bodies. Revenue is project-based and recognized over the contract execution period. The company has faced revenue volatility with 24% revenue decline in FY26 due to government payment delays through the SPARSH portal.
2. Operations and Maintenance Services: The company provides ongoing operation and maintenance services for constructed water and wastewater facilities, including the subsidiary SKUEM Water Projects which operates a 4.5 MLD Common Effluent Treatment Plant (CETP) in SIDCUL.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

EMS Limited is a multi-disciplinary EPC company providing turnkey services in water and wastewater collection, treatment, and disposal. The company delivers complete single-source services from engineering and design to construction and installation of water, wastewater, and domestic waste treatment facilities for government and municipal clients across India. Operations include water treatment plants, sewage treatment plants, common effluent treatment plants, underground drainage systems, and lake restoration projects.

Product overview

EMS Limited is a multi-disciplinary EPC (Engineering, Procurement, and Construction) company headquartered in Delhi, India, certified to ISO 9001:2015. The company provides turnkey services in water and wastewater collection, treatment, and disposal. Its core offering encompasses the full project lifecycle from engineering and design through construction and installation of water, wastewater, and domestic waste treatment facilities. The product portfolio includes water treatment plants, water transmission and distribution systems, sewage treatment plants, common effluent treatment plants (CETP), tertiary treatment plants, underground drainage systems, and lake restorations. The company operates through subsidiaries including SKUEM Water Projects Pvt. Ltd. (which operates a 4.5 MLD CETP in SIDCUL) and EMS Infra LLC (for international operations). The company has also announced strategic partnerships for sewage treatment and ready-mix concrete business expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• Turnkey Water and Wastewater EPC Services Multi-disciplinary turnkey EPC services for water and wastewater infrastructure including engineering, design, construction, and installation of water, wastewater, and domestic waste treatment facilities for government and municipal clients across India.
• Water Treatment Plants Design, construction, and installation of water treatment facilities for municipal and industrial clients.
• Sewage Treatment Plants Construction and operation of sewage treatment infrastructure for urban municipalities and government clients.
• Underground Drainage Systems Construction of sewer networks and underground drainage infrastructure including sewer network laying, jointing, testing, and commissioning.
• Common Effluent Treatment Plants (CETP) Construction and operation of Common Effluent Treatment Plants for industrial effluent management, including the 4.5 MLD facility operated at SIDCUL via subsidiary SKUEM Water Projects Pvt. Ltd.
• Water Transmission and Distribution Systems Construction and installation of water transmission pipelines and distribution networks for municipal water supply.
• Tertiary Treatment Plants Advanced treatment solutions for water reuse and recycling applications, including tertiary treatment of treated wastewater.
• Lake Restoration Services Environmental restoration services for lakes and water bodies including rehabilitation of existing water bodies.
• Elevated and Ground Level Service Reservoirs Construction of elevated reservoirs and ground level service reservoirs for municipal water storage and distribution systems.
• Operation and Maintenance Services Operation and maintenance services for water and wastewater facilities, including refurbishment of old/existing sewerage networks and ongoing operations of treatment plants.

Quantifiable outcome

• 50+ completed projects
• +2 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered unspecified.

• Strategic Partners (Sewage Treatment)unspecifiedOthers · 31 December 2025EMS Limited announced strategic partnerships in the sewage treatment sector aimed at expanding its sewage treatment business operations. The announcement was made on December 31, 2025. No details regarding the identities of the partnership counterparts, specific terms of the agreements, or financial implications were disclosed.
• Strategic Partners (Concrete Business)unspecifiedOthers · 31 December 2025EMS Limited announced strategic partnerships in the concrete business sector aimed at expanding its ready-mix concrete business operations. The announcement was made on December 31, 2025. No details regarding the identities of the partnership counterparts, specific terms of the agreements, or financial implications were disclosed.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Welspun Enterprises: Welspun Enterprises operates a water and wastewater EPC business alongside road infrastructure, directly competing with EMS for government water tenders in India including UP Jal Nigam awards. Both target municipal sewerage and water supply contracts through competitive bidding.
• VA Tech Wabag: VA Tech Wabag is a pure-play water and wastewater treatment EPC specialist with strong municipal and industrial client base across India and emerging markets. Directly comparable in product offering (treatment plants, desalination, O&M) and customer profile.
• WPIL Limited (Water Projects Infrastructure Limited): WPIL is an Indian water infrastructure EPC company that designs, builds, and operates water supply and sewage treatment projects, directly competing for the same government contracts as EMS. Mentioned as part of the order book peer set in the source data.
• Triveni Engineering & Industries: Triveni Engineering has a water and wastewater solutions business alongside its sugar and engineering segments, providing EPC and O&M for municipal water and sewage treatment plants comparable to EMS's offerings.
• Ion Exchange (India): Ion Exchange is an Indian water and wastewater treatment specialist offering treatment plants, chemicals, and O&M services for municipal and industrial clients, overlapping with EMS on CETP and industrial effluent work.
• Thermax Limited: Thermax provides water and wastewater treatment solutions including EPC and O&M for industrial and municipal customers across India. Comparable in product breadth (treatment plants, recycling) and engineering-led execution model.
• SFC Environmental Technologies: SFC Environmental is an Indian water and wastewater EPC company focused on municipal and industrial treatment projects, including CETPs. Comparable scale and competitive positioning to EMS in government tendering.

Broad incumbents

• NCC Limited (Nagarjuna Construction Company): NCC is a large diversified Indian construction and infrastructure company that participates in water supply, sewerage, and irrigation EPC tenders alongside its larger buildings and transportation business. Competes with EMS on water infrastructure awards at larger scale.
• Dilip Buildcon: Dilip Buildcon is a major Indian EPC contractor with a significant presence in water supply, irrigation, and sewerage projects as part of a broader infrastructure portfolio, frequently competing for government water tenders against smaller specialists like EMS.
• Larsen & Toubro (L&T) Construction: L&T Construction is India's largest infrastructure EPC contractor with a substantial water and effluent treatment business competing for municipal water projects nationwide. Operates as a broad incumbent whose water division directly contests tenders that EMS targets.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/emsltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EMS