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.
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.
After its acquisition of hair and scalp brand 'KeshKing' in Q1, Bhansali says the company is open to more such deals.
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.
The management is hopeful of sustaining volume growth trend of 11 percent in the second half of FY15. NH Bhansali, CEO of Emami Group says that better scale will ensure margin expansion in the future.
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.
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.
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.
NH Bhansali, chief executive officer of Emami Group says, there wouldn't be any material impact of weak monsoon or the industrial production slowdown on the FMCG business per se.
FMCG firm Emami Ltd today said its consolidated net profit rose by 32.64% to Rs 72.37 crore for the fourth quarter ended March 31, 2012, mainly due to strong sales growth in various brands including Navratna Oil and Zandu Balm.
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 is now directly catering to the rural business by expanding its team in those areas. The company expects rural demand to support volume growth ahead, NH Bhansali, chief executive officer, Emami Group told CNBC-TV18.
NH Bhansali, chief executive officer of Emami expects good volume growth in quarter three and four. “We expect, on a yearly basis, an overall volume growth of over 10%. We expect to end up with 10-12% volume growth in this financial year.”