Sharekhan's research report on Emami
Emami’s consolidated revenue and adjusted PAT grew by 8% and 9% y-o-y, respectively in Q4FY25. OPM at 22.8%, declined by ~90 bps y-o-y. Emami forayed into the brightening cream category with the launch of ‘Emami Pure Glow’ in Q4. It is currently available in select markets across South, West, and North India and will be scaled up gradually. Company has guided for mid-single-digit growth in Q1FY26 led by a gradual recovery in demand, Emami’s efforts to expand distribution reach, continued new product launches, and marketing initiatives. Benign input costs and operational efficiencies will support margins.
Outlook
Stock trades at 27x/24x its FY26E/FY27E EPS, respectively. We maintain a Buy with a revised PT of Rs. 745.
For all recommendations report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
