EMS Limited Secures ₹15,828.57 Lakh Letter of Intent (LOI) from Delhi Jal Board

EMS Limited (BSE: 543983, NSE: EMSLIMITED) has officially received a Letter of Intent (LOI) from the Delhi Jal Board, Delhi Sarkar, for a major sewerage infrastructure project in New Delhi.

This update follows the company's prior disclosure on July 07, 2026, where it was declared the lowest bidder (L1) for the tender.

Key Highlights of the Contract

Project Scope and Nature

The project entails providing, laying, and jointing internal and peripheral sewer lines in Tikri Kalan GOC, situated under the command of the proposed Sewerage Treatment Plant (STP) at Tikri Kalan (NIT-01).

Order Value

The total estimated order value is approximately ₹15,828.57 Lakhs (inclusive of GST).

Execution Timeline

The company is slated to execute and complete the contract within 15 months.

Awarding Entity

Office of Executive Engineer (C) DR-XV, Delhi Jal Board, Lajpat Nagar, New Delhi (Domestic Entity).

Impact on EMS Limited's Order Book

This LOI reinforces EMS Limited's position in urban water management and waste-water infrastructure sectors across Northern India. The addition of ₹158.28 crore to its active order pipeline provides revenue visibility over the upcoming 15-month execution period.

Shares of EMS Limited was last trading in BSE at Rs. 411.50 as compared to the previous close of Rs. 383.70. The total number of shares traded during the day was 45906 in over 1234 trades.

The stock hit an intraday high of Rs. 419.00 and intraday low of 377.00. The net turnover during the day was Rs. 18690802.00.

Source : Equity Bulls

Keywords

EMS WaterSupply Management INE0OV601013 LOI OrderWin