What we do Emkay Global Financial Services Ltd is a Mumbai-based financial services firm offering advisory, broking, investment banking, wealth, and asset management services primarily in India and select international markets. |
Founded in 1,995 |
Market share Strong presence with 39,400+ clients, 19 branches in India, and recognized for institutional research covering 200+ companies including major indices. |
Problem solved Provides comprehensive capital market access, investment advice, wealth management, and financing solutions to institutional and individual investors. |
Top clients or who we serve Institutional investors, mutual funds, hedge funds, banks, insurance firms, corporates, SMEs, high net worth individuals; B2B and B2C focus. |
Key management Krishna Kumar Karwa and Prakash Kacholia, Chartered Accountants with 30+ years experience; supported by seasoned independent directors with strong corporate backgrounds. |
Our journey and innovations Started equity broking in 1996; listed in 2006; pioneered India’s derivatives trading; launched investment banking, international subsidiaries, PMS and AIFs; expanded digital platforms. |
Where we operate India with expanding global presence in Singapore and Dubai through subsidiaries. |
Top products or what we offer Institutional equities, investment banking, portfolio management services, alternate investment funds, wealth management, retail broking, commodity, and currency broking. |
Top brands Emkay Emerging Stars Funds series, Emkay SMID Cap Growth Engine Fund, Emkay Capital Builder AIF, Emkay India’s Golden Decade PMS Strategy; recognized research and broking brands. |
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Recurring vs cyclical contribution Revenue is predominantly recurring from advisory, asset management fees, broking commissions, and investment banking mandates. |
Our industry position Category 1 Merchant Banker with leading research franchise; among top brokers in institutional equities and middle-market advisory segments in India. |
Financial highlights FY25 consolidated revenue INR 3,612 million, Profit after tax INR 568 million, delivering strong CAGR with growing net worth INR 3,692 million. |
Geographical revenue split Majority (~99%) revenue from India; expanding footprint internationally with Emkay Global Financial Services Pte Ltd in Singapore and Dubai branch. |
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Whats driving growth Robust equity market activity, increasing institutional flows, new fund mandates, geographic expansion, product innovation in PMS and alternate assets. |
Our future plans Expand alternate asset management via Category III AIFs, deepen international presence, enhance technology platforms, and sponsor mutual fund schemes post SEBI approval. |
Our green promise Company undertakes sustainability initiatives aligned with corporate social responsibility policy focusing on social and economic community development. |
Our people and values Employs 544 staff across India; focus on employee engagement, ethics, governance, diversity, and continuous skill development. |
Key challenges ahead Market volatility, regulatory compliance, competitive landscape, technology disruption, and maintaining growth momentum amid macroeconomic risks. |
Interesting facts Emkay has client coverage of 39,400+, awarded Most Innovative BFSI Company (2022), and has successfully completed over 85 ECM transactions totaling INR 395 billion. |
Risks and strategy Manages market and operational risk via centralized risk governance and technology; strategy focused on diversification, compliance, and technology adoption. |
