EMKAY TOOLS (ETL-SM) Share Price Falls 8.10% Today; What the Decline Shows

EMKAY TOOLS Share Price fell to Rs 1,020.05 on 01 September 2026, down 8.10% for the day, taking the company’s market capitalisation to Rs 1,184.51 crore. The Small Cap stock declined Rs 89.95 from its previous close of Rs 1,110.

The verified data confirms a sharp same-day decline, but it does not establish a company-specific catalyst behind the move. That means today’s discussion is driven mainly by price action and by how the stock’s valuation and profitability metrics compare with the broader Engineering – Industrial Equipments industry. At the current level, the company trades at a P/E ratio of 20.17 and a P/B ratio of 14.18, while reporting ROE of 53.26% and ROCE of 70.86%.

For investors tracking the stock, the key questions are simple: how severe was today’s decline, how does the valuation stack up against the sector, and what should be monitored next? In this Univest analysis, the focus stays on verified price, market cap, profitability, benchmark and peer data.

EMKAY TOOLS (ETL-SM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,020.05
Previous Close	Rs 1,110
Today's Move	-Rs 89.95 (-8.1%)
Open	Rs 1,008.25
High	Rs 1,067
Low	Rs 1,008.2
Turnover	Rs 0.06 crore
Market Capitalisation	Rs 1,184.51 crore
Market Cap Category	Small Cap

EMKAY TOOLS Share Price Today reflects a sharp intraday reset, with the stock at Rs 1,020.05 versus the previous close of Rs 1,110, a decline of Rs 89.95 or 8.10%.

The stock opened at Rs 1,008.25, already below the previous close, indicating weakness from the start of the session. It then moved between an intraday high of Rs 1,067 and a low of Rs 1,008.20 before settling around Rs 1,020.05 at the captured timestamp. That range shows the stock attempted some recovery from the open but remained well below the prior day’s close.

Turnover stood at Rs 0.06 crore, placing the move in a relatively modest trading-value context even as the percentage decline remained notable. With a market capitalisation of Rs 1,184.51 crore, the company sits in the Small Cap category, where sharp single-day moves often draw close attention.

EMKAY TOOLS (ETL-SM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,184.51 crore
P/E Ratio	20.17x
P/B Ratio	14.18x
ROE	53.26%
ROCE	70.86%
EPS	Rs 55.02
Book Value Per Share	Rs 78.28
Dividend Yield	0%

EMKAY TOOLS Fundamental Analysis shows a mix of moderate earnings valuation, premium book valuation and very strong reported return ratios.

At the current market price, the stock trades at a P/E ratio of 20.17, which matters because it is below several named peers in the same industry. The P/B ratio is 14.18, meaning the market is valuing the company well above its book value. EPS stands at 55.02 and book value per share is 78.28. Dividend yield is 0, so there is no yield support visible in the present dataset.

Profitability metrics are striking. ROE is 53.26% and ROCE is 70.86%, both well above the broader industry medians and averages provided in the benchmark snapshot. Market capitalisation of Rs 1,184.51 crore also shows the company is much smaller than several larger listed peers, which can affect how investors compare its valuation and trading behaviour.

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Industry	Engineering – Industrial Equipments
Benchmark Scope	same industry
Company P/E Ratio	20.17x
Benchmark Median P/E	28.28x
Benchmark Average P/E	75.77x
Benchmark P/E Range	0.38x to 4,138.45x
Company P/B Ratio	14.18x
Benchmark Median P/B	2.88x
Benchmark Average P/B	9.94x
Company ROE	53.26%
Benchmark Median ROE	14.19%
Benchmark Average ROE	20.53%
Company ROCE	70.86%
Benchmark Median ROCE	16.91%
Benchmark Average ROCE	19.39%
Company Market Capitalisation	Rs 1,184.51 crore
Benchmark Median Market Cap	Rs 324.57 crore
Benchmark Average Market Cap	Rs 3,046.52 crore

EMKAY TOOLS operates in Capital Goods, specifically the Engineering – Industrial Equipments industry. The benchmark snapshot shows its earnings valuation is below the same-industry median while its return ratios are well above benchmark levels.

The supplied benchmark covers 164 companies. Within that group, P/E data is available for 144 companies. The company’s P/E of 20.17 is below the industry median of 28.28 and the average of 75.77. The benchmark P/E range is wide, from 0.38 to 4,138.45, suggesting substantial variation across the industry.

The picture changes on book valuation. The company’s P/B ratio of 14.18 is above the industry median of 2.88 and above the average of 9.94. On profitability, the stock stands out more clearly: ROE is 53.26% versus an industry median of 14.19% and average of 20.53%, while ROCE is 70.86% versus a median of 16.91% and average of 19.39%.

Size-wise, the company’s market capitalisation of Rs 1,184.51 crore is above the industry median market capitalisation of Rs 324.57 crore but below the industry average of Rs 3,046.52 crore. That places it as a smaller listed participant with unusually high return ratios, a lower-than-median P/E and a higher-than-median P/B inside its industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Bharat Heavy Electricals	BHEL	1,49,902.83	62.13	5.7	6.29	9.24
Thermax	THERMAX	46,983.33	78.33	8.35	13.76	15.85
Kirloskar Oil Engines	KIRLOSENG	30,898.23	55.95	8.25	16.75	14.46
Jyoti CNC Automation	JYOTICNC	23,633.81	70.34	10.99	20.72	23.88
Inox India	INOXINDIA	19,282.25	76.17	16.65	26.11	33.54

Compared with selected listed peers, the company combines a much smaller market capitalisation with a lower P/E ratio than every named peer here, while posting higher ROE and ROCE than several larger companies in the same industry.

The peer set includes Bharat Heavy Electricals at Rs 1,49,902.83 crore market cap, Thermax at Rs 46,983.33 crore, Kirloskar Oil Engines at Rs 30,898.23 crore, Jyoti CNC Automation at Rs 23,633.81 crore and Inox India at Rs 19,282.25 crore. Against those figures, EMKAY TOOLS at Rs 1,184.51 crore is far smaller in scale.

On valuation, its P/E of 20.17 is below Bharat Heavy Electricals at 62.13, Thermax at 78.33, Kirloskar Oil Engines at 55.95, Jyoti CNC Automation at 70.34 and Inox India at 76.17. Its P/B of 14.18 is above Bharat Heavy Electricals, Thermax, Kirloskar Oil Engines and Jyoti CNC Automation, but below Inox India’s 16.65.

Profitability is where the comparison becomes more notable. ROE of 53.26% is above Bharat Heavy Electricals at 6.29%, Thermax at 13.76%, Kirloskar Oil Engines at 16.75%, Jyoti CNC Automation at 20.72% and Inox India at 26.11%. ROCE of 70.86% is also above Bharat Heavy Electricals at 9.24%, Thermax at 15.85%, Kirloskar Oil Engines at 14.46%, Jyoti CNC Automation at 23.88% and Inox India at 33.54%.

Why Investors Are Watching EMKAY TOOLS

• EMKAY TOOLS Share Price declined 8.10% in a single session to Rs 1,020.05 from Rs 1,110.
• The stock opened at Rs 1,008.25, touched Rs 1,067 and Rs 1,008.20, and stayed below the previous close.
• P/E of 20.17 sits below the same-industry median of 28.28 and below all five named peers in this analysis.
• ROE of 53.26% and ROCE of 70.86% are well above industry benchmark medians and averages.
• P/B of 14.18 remains above the industry median of 2.88, keeping valuation discussion active despite the fall.

About EMKAY TOOLS

EMKAY TOOLS is part of the Capital Goods sector and operates within the Engineering – Industrial Equipments industry. Based on the supplied classification, the company is tracked alongside industrial equipment and engineering businesses that are commonly compared on valuation multiples such as P/E and P/B, and on profitability measures such as ROE and ROCE.

Its current market capitalisation of Rs 1,184.51 crore places it in the Small Cap bracket, meaning it is much smaller than large industry names such as Bharat Heavy Electricals, Thermax and Inox India.

Track EMKAY TOOLS Share Price on Univest

Use EMKAY TOOLS (ETL-SM) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

On Univest, investors can track EMKAY TOOLS Share Price through structured market data, including price moves, market capitalisation, valuation ratios and broader stock analysis context.

Frequently Asked Questions

Why is EMKAY TOOLS Share Price falling today?

Ans.  The supplied data confirms that the stock fell 8.10% to Rs 1,020.05 from the previous close of Rs 1,110. However, the dataset does not establish any company-specific reason for today’s decline.

How did EMKAY TOOLS trade during the session?

Ans.  The stock opened at Rs 1,008.25, touched an intraday high of Rs 1,067 and a low of Rs 1,008.20. That shows it traded below the previous close throughout the supplied range.

What is the market capitalisation of EMKAY TOOLS?

Ans.  EMKAY TOOLS has a market capitalisation of Rs 1,184.51 crore, placing it in the Small Cap category. That size is above the industry median market cap of Rs 324.57 crore but below the average of Rs 3,046.52 crore.

Is EMKAY TOOLS expensive on valuation?

Ans.  On earnings, EMKAY TOOLS trades at a P/E of 20.17, below the industry median of 28.28 and below all five named peers here. On book value, its P/B of 14.18 is above the industry median of 2.88.

What does fundamental analysis show?

Ans.  The supplied figures show EPS of 55.02, book value of 78.28, dividend yield of 0, ROE of 53.26% and ROCE of 70.86%. Those return ratios are much stronger than the industry medians provided.

How does EMKAY TOOLS compare with industry benchmarks?

Ans.  Against the same-industry benchmark of 164 companies, the company has a lower P/E than the median and average, but a higher P/B. Its ROE of 53.26% and ROCE of 70.86% exceed both benchmark medians and averages.

How does EMKAY TOOLS compare with peers like BHEL and Thermax?

Ans.  EMKAY TOOLS is much smaller by market cap than BHEL, Thermax, Kirloskar Oil Engines, Jyoti CNC Automation and Inox India. Yet its P/E is lower than all five, while its ROE and ROCE are higher than each of them.

Does EMKAY TOOLS pay a dividend?

Ans.  The supplied data shows a dividend yield of 0. That means the current dataset does not show dividend yield support, so investor focus is more on price action, valuation and profitability metrics.