EMA Partners India Limited — Investor Meet, 30-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

EMA Partners India reported consolidated revenue of Rs 74 Cr in FY25, up 10% YoY, driven by a 14% growth in core executive search. EBITDA was Rs 13 Cr (18.2% margin) and PAT Rs 13 Cr (17.1% margin), with margin pressure from investments in senior hires and expansion under James Douglas brands. Technology revenue fell 34% due to MyRCloud losses. Management expects 15-20% organic top-line CAGR over FY26-27 and aims for a blended 18% EBITDA margin. Growth will come from core search and faster-scaling mid-senior and RPO businesses, with expansion planned in Singapore and GCC. Investor tone is cautiously optimistic on stable margins and growth potential.