Moneycontrol PRO
HomeNewsKesh king

Kesh King

Jump to
  • Emami: Margins to improve, growth likely to come back

    Company focusing on rural markets as recovery in this segment is critical. Seasonality in portfolio likely to remain.

  • What lies ahead for Zandu-maker Emami as the next generation takes over?

    Packaged consumer goods maker Emami Limited, the manufacturer of products such as BoroPlus, Zandu balm, Navratna and Kesh King, announced a management rejig last week as founders of the company handed over the reins to the next generation. Mohan Goenka and Harsha V. Agarwal, scions of the 48-year-old business, will lead the company from April as its vice chairman-cum-whole time director and vice chairman-cum-managing director, respectively.

  • Can Emami get back its mojo after a long hiatus?

    Volume-led recovery and lower raw material cost are aiding Emami's margins

  • Emami Q2 review: Earnings visibility remains dim amid protracted slowdown

  • Emami Q1 review: Rural slowdown dampens volume growth; valuation at steep discount

  • Emami Q4 hit by seasonality and rural slowdown, but some headwinds easing

  • Patanjali helping create more demand, good for industry: Emami

    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.

  • Emami Q1 profit plunges 35% despite 49% operational growth

    Amortisation of acquired trademarks/brands cost increased to Rs 60.92 crore (from Rs 13.65 crore year-on-year), including Rs 59.82 crore provided on intangible assets of Kesh King business acquired on June 12, 2015 at Rs 1,684 crore against Rs 12.57 crore in year-ago period, the FMCG company said in its filing.

  • Patanjali is no threat to us: Bajaj Corp MD

    In an interview CNBC-TV18, Sumit Malhotra, MD of Baja Corp said that the first quarter was disappointing in terms of volume growth as poor rural growth led to less consumption.

  • Emami Q4 net seen down 6% but volume growth likely at 8%

    During the period, EBITDA margin is seen at 27.3 percent versus 25.5 percent while EBITDA may increase 26 percent at Rs 178 crore against Rs 141 crore year-on-year.

  • Emami expects to start Guwahati plant in October

    "We are expecting to commission the Guwahati plant this October. This will be a mega plant which will manufacture personal care products," Emami CEO Naresh Bhansali said.

  • Emami Q3 net down 27% to Rs 134 cr

    FMCG firm Emami Ltd today reported 26.98 percent decline in consolidated net profit at Rs 134.12 crore for the third quarter ended December 31, on account of amortization of Kesh King intangibles.

  • Emami ropes in Sania Mirza as brand ambassador of Kesh King

    Kesh King is also endorsed by celebrities like Juhi Chawla nationally except the southern markets for which Shruti Haasan has been roped in very recently.

  • Nomura cuts target price, EPS & revenue estimates of Emami

    The brokerage has also cut FY16/FY17F/FY18 revenue estimates by 3.9 percent/4.3 percent/4.4 percent due to lower Kesh King sales this year, a delayed winter season and a slower-than-expected pick-up in consumption.

  • Emami Q2 net profit declines 33% to Rs 61.34 crore

    The company had posted net profit of Rs 91.52 crore during the same period of previous fiscal, Emami said in a BSE filing.

  • Emami Q2 net seen down 9%, low oil price may boost margin

    Profit is likely to be hit by higher interest and amortisation cost owing to Kesh King, but that is likely to add Rs 50-75 crore to topline, driving year-on-year growth.

  • Expect real recovery in volumes to come in Q4: Bajaj Corp

    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.

  • Emami says Kesh King buy to push FY16 growth to 25-26%

    A slowdown in rural spending will have some impact but increased government spending will help, says Emami director Harsha Agarwal.

  • HUL jumps 3%, eyes ayurvedic brand Indulekha for Rs 500 cr

    It will be quite interesting to know why HUL wants to re-enter hair oil market as it exited the business after selling Nihar Brand to Marico in 2006. The maker of Dove shampoos and Lux toilet soaps already has ayurvedic range of health care and personal care under its brand Ayush.

  • Emami up 5%, Credit Suisse ups target post Kesh King buy

    Shares of Emami bounced back on Wednesday, up 4.8 percent intraday as Credit Suisse has raised its target price on the stock to Rs 1,220 apiece (from 1,080/share) post Kesh King acquisition. In previous session, the stock had fallen 6 percent amid weak market condition.

  • Kesh King biz to be EPS accretive from late 2017: Emami

    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.

  • Emami falls 8%, to buy Kesh King's hair & scalp care biz

    Shares of Emami fell nearly 8 percent intraday Tuesday. The FMCG major entered into an agreement with Sanjeev Juneja to acquire his hair & scalp care business under the Kesh King and allied brands.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347