Emami Ltd
BSE:531162
Emami Ltd
In the bustling neighborhoods of Kolkata, the story of Emami Ltd. began in 1974, when two childhood friends, RS Agarwal and RS Goenka, embarked on a journey to revolutionize the Indian personal and healthcare industry. Driven by a singular vision to serve the diverse needs of consumers, Emami's portfolio rapidly expanded from a modest cosmetic line to an impressive array of over 300 products. These days, this Kolkata-based conglomerate operates globally, leveraging its expertise in Ayurveda and traditional Indian medicine to formulate popular brands like Boroplus, Navratna, and Fair and Handsome. These products cater to both mass-market and niche consumer segments, achieving widespread recognition and acceptance.
Emami's success hinges on an astute understanding of consumer behavior and strategic marketing prowess. The company thrives on the sale of branded personal care and healthcare items, thriving through an extensive distribution network that penetrates deep into rural and urban markets across India and beyond. By continually innovating and aligning its products with consumer trends, Emami not only monetizes its product lines but also builds a seemingly everlasting brand resonance. The firm further capitalizes on endorsements by high-profile celebrities, ensuring visibility and consumer engagement. As the company navigates the competitive landscape of FMCGs, its commitment to understanding consumer needs and offering hygienic, effective, and affordable solutions secures its position in hearts and households across the world.
In the bustling neighborhoods of Kolkata, the story of Emami Ltd. began in 1974, when two childhood friends, RS Agarwal and RS Goenka, embarked on a journey to revolutionize the Indian personal and healthcare industry. Driven by a singular vision to serve the diverse needs of consumers, Emami's portfolio rapidly expanded from a modest cosmetic line to an impressive array of over 300 products. These days, this Kolkata-based conglomerate operates globally, leveraging its expertise in Ayurveda and traditional Indian medicine to formulate popular brands like Boroplus, Navratna, and Fair and Handsome. These products cater to both mass-market and niche consumer segments, achieving widespread recognition and acceptance.
Emami's success hinges on an astute understanding of consumer behavior and strategic marketing prowess. The company thrives on the sale of branded personal care and healthcare items, thriving through an extensive distribution network that penetrates deep into rural and urban markets across India and beyond. By continually innovating and aligning its products with consumer trends, Emami not only monetizes its product lines but also builds a seemingly everlasting brand resonance. The firm further capitalizes on endorsements by high-profile celebrities, ensuring visibility and consumer engagement. As the company navigates the competitive landscape of FMCGs, its commitment to understanding consumer needs and offering hygienic, effective, and affordable solutions secures its position in hearts and households across the world.
Strong Revenue Growth: Emami delivered 11% consolidated net sales growth in Q3, with revenue reaching INR 1,152 crores, and domestic business up 11%, led by 9% volume growth.
Margin Expansion: Gross margin improved to 70.6% (up 30 bps) and EBITDA margin expanded to 33.4% (up 110 bps), driven by cost control, stable input prices, and selective price hikes.
Profitability: Profit after tax rose 15% to INR 319 crores; EBITDA for the quarter grew by 13% to INR 384 crores.
Dividend Announced: Board declared a second interim dividend of INR 6 per share for FY '26, taking the 9-month total to INR 10 per share.
GST Rate Cut Tailwind: 88% of portfolio now under 5% GST rate; management expects this to drive improved growth, especially in rural and price-sensitive segments.
Rural Recovery: Double-digit growth seen in rural markets, with rural offtake now contributing about 48-52% of revenue.
Digital & Subsidiary Performance: The Man Company and Brillare (digital-first brands) posted robust 31% growth; digital now accounts for 50% of media spend and quick commerce is 20% of e-commerce sales.
Tax Rate Reduction: Stand-alone tax rate to fall from 35% to 25% for FY '27 onwards due to latest budget changes.
