Ema Partners India Limited · NSE:EMAPARTNER
Ema Partners India — H1 FY26 Earnings Presentation
30 slides from Ema Partners India's earnings presentation, Sep 30, 2025
Slide 1: Investor Presentation
INVESTOR PRESENTATION No v e mbe r 20 25
Slide 2: Snapshot
Snapshot 3 countries 160 + 20+ years Present in India, Clients of experience Singapore, and UAE Diversified 6 Operating Presence across Service offerings Subsidiaries the entire talent across sectors 10 Offices value chain 19%+ *ROE 5.0% Debt /Equity *Industry leading *ROCE 4.6% ~0.0x Operating Marg
Slide 3: Company Overview
Company Overview
Slide 4: Company Overview
Company Overview Established in 2003, EMA Partners India Limited (EMA) is a member firm of EMA Partners Operational Revenue (In INR Mn) & EBITDA (%) International Ltd, a global partnership present across 30+ countries. 739 673 EMA Partners India is a leading executive search and leadership advisory
Slide 5: History
History 2003 2010 2016 2017 2021 2022 2024 2025 Incorporation Incorporation Incorporation Incorporation Incorporation Incorporation Conversion of Listed on NSE of our Company of our of our wholly of our subsidiary of our subsidiary of our step-down Company from Emerge subsidiary owned viz. EMA viz.
Slide 6: Board Of Directors
Board Of Directors Mr. Krishnan Sudarshan Mr. Subramanian Krishnaprakash Chairman & Managing Director Whole-time Director Mr. Sudarshan holds a Bachelor's degree in Civil Engineering from NIT Kurukshetra Mr. Krishnaprakash holds a Bachelor's degree in Mechanical Engineering from and has completed th
Slide 7: Strong Management Team with Deep Background Experience
Strong Management Team with Deep Background Experience Ms. Reet Bhambhani Mr. Amarjeet Dutta Managing Partner & COO – Executive Search, India Managing Partner – Executive Search, UAE • 18+ years in executive search and with the group, leads Technology, Digital, • Leads EMA Partners UAE and has been
Slide 8: Strong Management Team with Deep Background Experience
Strong Management Team with Deep Background Experience Mr. Arun Dasmahapatra Mr. S Subburaj Group Executive Advisor Senior Partner and Group CHRO • Arun Dasmahapatra is a business leader and consultant with over 44 years of • Over two decades of experience across Executive Search, Manufacturing, and
Slide 9: Corporate structure
Corporate structure EMA Partners India Ltd. Offshore India 100% 100% 100% 100% 100% 100% EMA Partners EMA Partners EMA Decision Emagine People James Douglas EMA Partners Singapore Pte. Ltd Executive Search Dynamics Technologies Professional Search Executive Search Limited (Dubai) Private limited* Pr
Slide 10: Business Overview
Business Overview
Slide 11: Business Segments
Business Segments Leading executive search firm with over two decades of expertise in assessing and hiring leaders at the Board, BOARD C-Suite and Senior Executive levels across diverse industries. & C-SUITE James Douglas offers talent acquisition solutions for mid to senior MID TO SENIOR level posi
Slide 12: EMA Partners Executive Search
EMA Partners Executive Search Executive search Leadership assessments In collaboration with Decision Dynamics AB, offering validated Superior industry knowledge, combining research that enables informed talent decisions and drive superior deep local expertise with global reach performance Decades A
Slide 13: James Douglas Professional Search
James Douglas Professional Search Professional search brand providing talent acquisition solutions across mid and senior levels aided by internally developed proprietary processes The firm is paid professional fees for each appointment. The Fee is usually a percentage of hired candidate’s first-year
Slide 14: James Douglas Global
James Douglas Global Professional search brand providing talent acquisition solutions across mid and senior levels aided by technology and internally developed James Douglas Global delivers end-to-end, AI-powered enterprise Recruitment Process Outsourcing (RPO) solutions. proprietary processes James
Slide 15: MyRCloud
MyRCloud Tech driven recruitment marketplace & SaaS platform that provides end- to-end recruitment-technology solutions at scale across geographies using advanced AI and ML algorithms Platform usage fee & placement fee model. The Company charges a fixed fee for platform usage on a case-to-case basis
Slide 16: Leadership: James Douglas Global & James Douglas Professional Search
Leadership: James Douglas Global & James Douglas Professional Search Harish Pillai Nupur Mehta Faiz Nomani Managing Director Managing Partner Regional Director • Over 20 years of leadership experience in • Built and scaled multiple high-impact • Over 20 years of leadership experience in Talent Solut
Slide 17: Industries and Functions Served
Industries and Functions Served Industrial IT Healthcare PE & VC Retail Industries Pharma & BFSI Energy Education Real Estate Life Sciences General Counsel Engineering Finance Technology Supply Chain Sales Operations Analytics Digital Marketing Functions Risk & Audit Strategy HR 17
Slide 18: Industry Overview
Industry Overview SS TZ = it
Slide 19: Recruiting and Staffing Market
Recruiting and Staffing Market Global Executive Search Market India’s Hiring Trends And Market Segmentation Market Size in USD Billion Market Size in INR Crore CAGR 10.26% CAGR 5.32% 94.73 15,770 12,431 4,889 58.13 9,890 3,729 2,868 Market Opportunity 8,200 for James Douglas 6,837 5,637 1,865 2,681
Slide 20: Strategic Overview
Strategic Overview
Slide 21: Growth Strategy
Growth Strategy EMA Partners India is pursuing both organic and inorganic growth strategies. • Organic growth is focused on strengthening the existing teams. • Inorganic growth includes potential acquisitions. • There is a strong focus on rapidly scaling the James Douglas businesses especially for m
Slide 22: Financial Overview
Financial Overview
Slide 23: Key Financials and Operational Highlights
Key Financials and Operational Highlights H1-FY26 Consolidated Performance Operational Highlights Revenue from Revenue from operations recorded a sequential growth of ~17% to INR Operations EBITDA EBITDA Margin 405 mn in H1FY26, reflecting robust demand for leadership hiring and INR 405 Mn INR 78 Mn
Slide 24: Half Yearly Consolidated Financial Performance
Half Yearly Consolidated Financial Performance Particulars (INR Mn) H1-FY26 H2-FY25 H-o-H H1-FY25 Y-o-Y Revenue from Operations 405.28 347.66 16.6% 391.64 3.5% Total Expenses 327.49 308.21 6.3% 297.89 9.9% EBIDTA 77.79 39.45 97.2% 93.75 -17.0% EBIDTA Margins (%) 19.19% 11.35% 784 Bps 23.94% -475 Bps
Slide 25: Historical Consolidated Profit And Loss Statement
Historical Consolidated Profit And Loss Statement Particulars (INR Mn) FY23 FY24 FY25 H1-FY26 Revenue from Operations 501.43 672.96 739.31 405.28 Total Expenses 460.65 508.10 606.10 327.49 EBIDTA 40.78 164.86 133.21 77.79 EBIDTA Margins (%) 8.13% 24.50% 18.02% 19.19% Depreciation and amortisation ex
Slide 26: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 EQUITY AND LIABILITIES ASSETS Equity Share Capital 0.42 116.23 116.23 Non-Current Assets Reserves and surplus 539.73 1,258.78 1,345.25 Property, Plant and Equipment 118.29 191.92 188.7
Slide 27: Consolidated Financial Performance
Consolidated Financial Performance Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR mn) & PAT Margins (%) 739 673 143 165 126 501 133 405 78 71 24.50% 21.21% 17.06% 17.54% 41 18.02% 19.19% 31 8.13% 6.12% FY23 FY24 FY25 H1-FY26 FY23 FY24 FY25 H1-FY26 FY23 FY24 FY25 H1-FY26 RO
Slide 28: Capital Market Data
Capital Market Data 9 Months Stock Performance (up to 30th September, 2025) 20% 10% 0% -10% -20% -30% -40% -50% Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 EMA Nifty Small Cap 250 Price Data (30th September, 2025) INR Shareholding Pattern (As on 30th September, 2025) Face Value (I
Slide 29: Disclaimer
DISCLAIMER EMA Partners India Limited: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all ev
Slide 30: Thank You
Thank You | \ Wat Fa V1 aN “5 ig