EMS Limited – Tapping in the growth in the water management space

In this latest interview,

1. promoter kept saying they will bid for more land projects also, Water projects only wont give them growth they desire. This is weird to listen, Kept saying we will bid for highways and bridges.
2. Decrease of orderbook was blamed on margins that they are only looking for projects which has their historical margin 25%.
3. Acquisition of Pulp Business only to get land as an asset.

He is looking at 30-35% growth with 25%+ margin which is good , he was candid in interview but didnt instill any confidence in me as an investor.