Emami Limited announced a consolidated revenue growth of 36% to INR1,088 crores for the second quarter of FY27. Domestic sales saw a significant increase of 49%, driven by volume growth. The company highlighted broad-based strong performance across its core brands and strategic investments, with positive outlook for the remainder of FY27.
Emami Limited Reports Strong Q2 FY27 Performance
Emami Limited has announced robust financial results for the second quarter of FY27, with consolidated revenue growing by an impressive 36% to INR1,088 crores. This performance was bolstered by a significant 49% rise in domestic sales, which were driven by a substantial volume growth of 43%.
Key Business Segment Highlights
The company’s core brands and strategic investments performed exceptionally well, contributing to the broad-based double-digit growth. On a like-to-like basis, consolidated sales grew by 24% and the domestic business by 32%, with a volume growth of 26%. Key category performances include:
- Skincare: Grew by 31%, led by talc portfolio growth of over 2X. BoroPlus saw near 20s growth, and Fair and Handsome delivered double-digit growth.
- Hair and Scalp Care: Increased by 30%, with Navratna Oil growing in the 30s and Kesh King in high teens.
- 7 Oils in One: Continued its strong run, nearly doubling its sales this quarter.
- Healthcare: The range grew by 11%, with pain management growing in the teens.
- OTC Portfolio: Performed well, growing in high teens, while the Medico range saw steady single-digit growth.
Strategic Investments Driving Growth
Strategic investments played a crucial role, with like-to-like growth of 73%, contributing approximately 26% to the domestic business. Axiom and Brillare more than doubled their sales, while IncNut grew by over 50% and The Man Company by over 30%.
Financial Performance and Outlook
Despite inflationary pressures and rising input costs, EBITDA grew by 25% to INR222 crores, and profit before tax increased by 29% to INR194 crores. Profit after tax stood at INR144 crores, a decrease of 3%, attributed to the normalization of the effective tax rate. For the first half of FY27, revenue stood at INR2,127 crores (up 25%), EBITDA at INR449 crores (up 15%), and profit before tax at INR388 crores (up 15%).
Emami Limited also announced the completion of its share buyback worth INR281 crores and approved an interim dividend of INR5 per share. The company expressed optimism about its growth prospects, driven by its diversified portfolio, strong core brands, scaling digital-first brands, and disciplined cost management.
Source: BSE