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.
Would look at opportunities that make business sense both domestic and overseas, said NH Bhansali, CEO-Finance, Strategy & Business Development & CFO, Emami Group.
The increased competition from Patanjali will be good for customers and would benefit all, said NH Bhansali of Emami Group.
NH Bhansali, Chief Executive Officer, Emami Group expects 16-17 percent revenue growth in the current fiscal. He is also confident that Emami will be able to sustain its operating margins at the current levels of 30 percent.
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.
The international business may grow up by 20-25 percent, and the company can see an uptick in the growth from Q2 onward, says NH Bhansali, CEO- Finance Strategy and Business Development, and CFO of Emami Group.
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.
The company is focused on working for the long-term growth of brands, said NH Bhansali, CEO, Finance, Strategy & Business Development and CFO, Emami Group.
CNBC-TV18's Farah Bookwala caught up with Saugata Gupta, CEO & MD, Marico, here is a slice of that exclusive conversation.
After its acquisition of hair and scalp brand 'KeshKing' in Q1, Bhansali says the company is open to more such deals.
Sumit Malhotra, MD of Bajaj Corp, says, Q2 volume growth is largely driven by Bajaj Almond Drops and Brahmi Amla. He says the company has over 60 percent market share in light hair oil segment.
NH Bhansali, CFO Emami Group is a bit sceptical of clocking a similar volume growth in the second quarter because monsoon season is a bit subdued for them. In Q1 the company reported 15 percent volume growth.
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.
FMCG major Emami has posted a strong set of numbers in its fourth quarter with net profit rising 24.45 percent. In an interview to CNBC-TV18, NH Bhansali CEO - Finance, Strategy & Business Development and CFO of Emami Group, discusses the results and company‘s future outlook.
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.
NH Bhansali, CEO of Emami Group expects to sustain volume growth trend of 11 percent in the second half of FY15. He further adds that better scale will ensure margin expansion in the future.
In case the winter sets in properly then the company expects products like Boroplus, Chyawanprash, lotions to do well and aid growth in coming quarters, says NH Bhansali of Emami Group.
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.
Kolkata-based FMCG maker Emami is expecting its margins will see some improvement going ahead, helped by lower cost of raw materials like menthol.
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.
Emami‘s gross margins improved despite steep rise in prices of some the key raw materials. Speaking to CNBC-TV18, CEO-Finance NH Bhansali said, the company‘s margins are likely to improve going ahead. Also, the company is not planning to raise prices in the near future to offset input cost inflation.