Emami has forayed into the fast-growing male grooming market with their acquisition of Helios Lifestyle. In an interview with CNBC-TV18, NH Bhansali of Emami Group gave a sense of their plans for the segment going forward.
CNBC-TV18's Priya Sheth travelled to Haridwar for the first-ever sneak peek into Patanjali's facility in Haridwar for an exclusive chat with the man at the helm, Acharya Balkrishna, MD, Patanjali Ayurveda.
Emami's growth target will be achieved through entry into new categories with major thrust on the healthcare space, say the company's directors, Harsha Agarwal and Mohan Goenka.
CNBC-TV18's Farah Bookwala caught up with Saugata Gupta, CEO & MD, Marico, here is a slice of that exclusive conversation.
Emami recently entered the haircare segment by buying Kesh King for Rs 1651 crore and bought 67 percent in Australia based Fravin.
NH Bhansali, chief executive officer, Emami says the company has new strategies to grow Kesh King‘s business and will look to expand the same in new regions.
Harsh V Agarwal, wholetime director, Emami says the acquisition is small but strategically important one.
According to Neeraj Chandra of Emami Limited , winter sales remain largely on track for the FMCG major, as winter portfolio sales have a bigger impact on the financial performance of the company.
Speaking to CNBC-TV18 on the company‘s performance and plans ahead, Krishna Mohan, chief executive officer, sales, Emami, says the good spell of monsoon seen through-out the country will boost sales in Q3 and hence, expects a good growth in H2FY14.
Emami expects margins to improve in FY14 following reduction in Menthol prices and is also seeing strong volume growth on the back of better business in international markets.
NH Bhansali, CEO, Emami Group explains to CNBC-TV18 that the company plans to sustain growth at 17 percent on high rural consumption and increased capacities from manufacturing facilities in Bangladesh and Egypt.
In an interview with CNBC-TV18, NH Bhansali, CEO of Emami Group spoke about the growth the company plans to achieve both in domestic and international front. He also talks about how escalating raw material prices are pinching margins. Despite poor IIP figures, he still sees robust growth in rural India.
Emami has been in the news as one such company where fire broke out in the AMRI Hospital where Emami holds a small stake. Some directors have been taken into judicial custody. However, NH Bhansali, CEO of Emami Group said that the personal care and healthcare product company is unlikely to be affected in anyway with the fallout of the fire.
Krishna Mohan, chief executive officer, Emami Limited, in an interview with CNBC-TV18's Reema Tendulkar and Ekta Batra, gave his views on how the company will perform going forward.
FMCG major Emami Ltd's Harsh Agarwal said that they were open to smaller, mid-size and even large size acquisitions. "As of now we are in talks to buy the personal care business of Paras Healthcare as an opportunity to acquire if it is available in the market," he said.