Emkay Global Financial Services shareholders and shareholding pattern
NSE: EMKAYBSE: 532737Capital MarketsSmall Cap
Formerly Emkay Share and Stock Brokers
Last close ₹253.90down ₹2.35 (0.92%)BSE ₹253.95
Share price at the NSE close on 23 Oct 2026. Previous close ₹256.25.
52-week range of traded prices to 23 Oct 2026
₹186.00Low, 30 Mar 2026₹354.90High, 23 Oct 2025
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹709 Cr1,735th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 27 Jul 2026
- 36.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.59%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 27 Jul 2026
- 5.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 27 Jul 2026
- 4.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 15 May 2026
- 0.24
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 45,77563.3% delivered
Who owns Emkay Global Financial Services, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters72.89%
- Foreign institutions0.88%
- Indian institutions0.01%
- Individuals and others26.22%
- Employee trustsNone
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
- Employee trusts
| Per cent | Dec 2016Filed 6 Jan | Mar 2017Filed 11 Apr | Jun 2017Filed 12 Jul | Sep 2017Filed 9 Oct | Dec 2017Filed 11 Jan | Mar 2018Filed 13 Apr | Jun 2018Filed 2 Nov | Sep 2018Filed 11 Oct | Dec 2018Filed 19 Jan | Mar 2019Filed 15 Apr | Jun 2019Filed 19 Jul | Sep 2019Filed 19 Oct | Dec 2019Filed 30 Jan | Mar 2020Filed 22 Apr | Jun 2020Filed 20 Jul | Sep 2020Filed 19 Oct | Dec 2020Filed 15 Jan | Mar 2021Filed 13 Apr | Jun 2021Filed 20 Jul | Sep 2021Filed 7 Oct | Dec 2021Filed 20 Jan | Mar 2022Filed 18 Apr | Jun 2022Filed 18 Jul | Sep 2022Filed 19 Oct | Dec 2022Filed 16 Jan | Mar 2023Filed 13 Apr | Jun 2023Filed 18 Jul | Sep 2023Filed 19 Oct | Dec 2023Filed 12 Jan | Mar 2024Filed 18 Apr | Jun 2024Filed 15 Jul | Sep 2024Filed 11 Oct | Dec 2024Filed 14 Jan | Mar 2025Filed 17 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 16 Oct | Dec 2025Filed 16 Jan | Mar 2026Filed 21 Apr | Jun 2026Filed 20 Jul | Sep 2026Filed 21 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 73.24% | 73.24% | 73.19% | 72.00% | 71.95% | 71.95% | 71.82% | 71.70% | 71.70% | 72.68% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.51% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.34% | 74.27% | 73.89% | 73.37% | 72.35% | 72.03% | 71.68% | 71.91% | 72.21% | 72.83% | 72.89% | |
| Indian promoters | 73.24% | 73.24% | 73.19% | 72.00% | 71.95% | 71.95% | 71.82% | 71.70% | 71.70% | 72.68% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.55% | 74.51% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.49% | 74.34% | 74.27% | 73.89% | 73.37% | 72.35% | 72.03% | 71.68% | 71.91% | 72.21% | 72.83% | 72.89% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 25.01% | 25.01% | 25.69% | 27.23% | 27.54% | 27.54% | 27.67% | 27.79% | 27.79% | 26.81% | 25.45% | 25.45% | 25.45% | 25.45% | 25.45% | 25.45% | 25.45% | 25.45% | 25.45% | 25.49% | 25.51% | 25.51% | 25.51% | 25.51% | 25.51% | 25.51% | 25.51% | 25.51% | 25.51% | 25.66% | 25.73% | 26.11% | 26.63% | 27.65% | 27.97% | 28.32% | 28.09% | 27.79% | 27.17% | 27.11% |
| Employee trusts | 1.75% | 1.75% | 1.12% | 0.78% | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% | – | – | – | – | – | – | – | – | – | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | – | 0.00% | 0.00% | 0.00% |
| Promoter shares pledgedShare of the promoters' own shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 26.43% | 26.43% | 26.43% | 26.43% | 36.51% | 36.51% | 36.51% | 36.51% | 36.51% | 26.43% | 26.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Shares in issue | 2,44,38,150 | 2,44,38,150 | 2,44,53,150 | 2,45,18,830 | 2,45,34,030 | 2,45,34,030 | 2,45,79,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,19,030 | 2,46,33,030 | 2,46,40,230 | 2,46,40,230 | 2,46,40,230 | 2,46,40,230 | 2,46,40,230 | 2,46,40,230 | 2,46,40,230 | 2,46,40,230 | 2,46,40,230 | 2,46,90,776 | 2,47,12,676 | 2,48,38,012 | 2,50,17,024 | 2,53,67,024 | 2,54,82,204 | 2,56,05,674 | 2,59,10,763 | 2,61,89,063 | 2,73,30,131 | 2,79,25,580 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | 96,72,500 | 99,50,800 | 5,56,600 | 15,50,000 | 20,00,000 |
| Promoters' shares locked in | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | 96,72,500 | 99,50,800 | 5,56,600 | 15,50,000 | 20,00,000 |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Emkay Global Financial Services promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Krishna Kumar Karwa, 22.10%. The filing names 8 more members with no shares.Promoter buying and selling
| Holder | |||
|---|---|---|---|
| Krishna Kumar KarwaIndividuals and Hindu undivided families | 22.10% | 61,72,500 | 20.25% |
| Prakash KacholiaIndividuals and Hindu undivided families | 19.70% | 55,00,000 | 13.64% |
| Emkay Corporate Services Private LimitedIndian companies, trusts and others | 17.37% | 48,51,484 | 0.00% |
| Priti Prakash KacholiaIndividuals and Hindu undivided families | 6.73% | 18,80,000 | 0.00% |
| Raunak KarwaIndividuals and Hindu undivided families | 6.27% | 17,50,000 | 0.00% |
| Krishna Kumar Karwa (HUF) (Krishna Kumar Karwa being Karta)Individuals and Hindu undivided families | 0.36% | 1,00,000 | 0.00% |
| Murlidhar Karwa (HUF) (Krishna Kumar Karwa being Karta)Individuals and Hindu undivided families | 0.36% | 1,00,000 | 0.00% |
No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.
Largest public holders of Emkay Global Financial Services, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 6 Jan | Mar 2017Filed 11 Apr | Jun 2017Filed 12 Jul | Sep 2017Filed 9 Oct | Dec 2017Filed 11 Jan | Mar 2018Filed 13 Apr | Jun 2018Filed 2 Nov | Sep 2018Filed 11 Oct | Dec 2018Filed 19 Jan | Mar 2019Filed 15 Apr | Jun 2019Filed 19 Jul | Sep 2019Filed 19 Oct | Dec 2019Filed 30 Jan | Mar 2020Filed 22 Apr | Jun 2020Filed 20 Jul | Sep 2020Filed 19 Oct | Dec 2020Filed 15 Jan | Mar 2021Filed 13 Apr | Jun 2021Filed 20 Jul | Sep 2021Filed 7 Oct | Dec 2021Filed 20 Jan | Mar 2022Filed 18 Apr | Jun 2022Filed 18 Jul | Sep 2022Filed 19 Oct | Dec 2022Filed 16 Jan | Mar 2023Filed 13 Apr | Jun 2023Filed 18 Jul | Sep 2023Filed 19 Oct | Dec 2023Filed 12 Jan | Mar 2024Filed 18 Apr | Jun 2024Filed 15 Jul | Sep 2024Filed 11 Oct | Dec 2024Filed 14 Jan | Mar 2025Filed 17 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 16 Oct | Dec 2025Filed 16 Jan | Mar 2026Filed 21 Apr | Jun 2026Filed 20 Jul | Sep 2026Filed 21 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rajiv P ShroffResident individuals, over ₹2 lakh at face value | 1.57% | – | 1.78% | – | – | – | – | – | 1.65% | 1.32% | – | – | – | – | 1.10% | 1.89% | 2.55% | 2.70% | 2.28% | 2.49% | 2.68% | 2.49% | 2.59% | 3.16% | 3.16% | 3.29% | 3.44% | 3.08% | 2.67% | 2.95% | – | 2.02% | 1.51% | 1.76% | 1.72% | – | 1.02% | 1.37% | 1.29% | 1.64% |
| Nirav Mahendra ShethResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.40% | 1.37% |
| Sanjiv Dhireshbhai ShahResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.03% | 1.22% | 1.45% | 1.44% | 1.42% | 1.45% | 1.39% | 1.36% |
| Yatin Kumar SinghResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.13% | 1.10% |
| Mahi Madhusudan KelaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.12% | 1.10% | 1.06% | 1.08% |
| Dolly KhannaResident individuals, over ₹2 lakh at face value | 1.57% | – | 1.64% | 1.31% | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.48% | 2.76% | 2.76% | 2.75% | 2.73% | 2.31% | 1.73% | – | – |
| Clover Infotech Private LimitedCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.15% | 1.15% | 1.15% | 1.14% | 1.13% | 1.12% | 1.11% | – | – | – | – | – |
| Vara Future LlpOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – |
| Ajay UpadhyayaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.01% | 1.01% | 1.01% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Porinju V VeliyathResident individuals, over ₹2 lakh at face value | 1.06% | – | 1.06% | 1.06% | 1.06% | 1.06% | 1.22% | 1.22% | 1.22% | 1.22% | 1.28% | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% | 1.21% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Ganesh SrinivasanResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Mr. Rajiv P ShroffResident individuals, over ₹2 lakh at face value | – | 1.78% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Ms. Dolly KhannaResident individuals, over ₹2 lakh at face value | – | 1.64% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Mr. Porinju V VeliyathResident individuals, over ₹2 lakh at face value | – | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.