See 15-16% sales growth in near term: Emami Directors

Patanjali has not impacted any of Emami’s categories so far, the duo says.Below is the verbatim transcript of Harsha Agarwal & Mohan Goenka’s interview with Priya Sheth on CNBC-TV18.Agarwal: Many of our products are also seasonal products. Somehow last year that was also a challenged. In the coming year we believe the things will be much better than what it has been. Q: Winter has been challenging this year for Emami but going ahead what kind of strategies are you looking at implementing to make up for this kind of growth?Goenka: One is of course acquisition; we just recently acquired Kesh King Brand which was a sizeable acquisition. So we are always in look out for such brands besides that there are many strategies, launching new brands under the same product. So, I think as I said we are confident of doing a 15-16 percent growth for next few years. Agarwal: Just to add to that there are new categories where we will be focusing. There will be major focus on the healthcare segment. There will be major focus on the men’s grooming. These are the areas where we believe the future for the company’s lies. Q: One product or one company that has actually shaken the entire FMCG space has been a Patanjali and I believe several categories have seen an impact. Which among your categories have seen some sort of impact by competition?Agarwal: Till now I don’t think any of our categories have been impacted by Patanjali.