Emami - Steady Growth; Ebitda Margins Grew From Its Lowest In The Last Five Years: Dolat Capital

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Emami Ltd. annual report analysis indicates steady growth in FY24. Revenue from operations grew 5.1% from Rs 34.1 billion in FY23 to Rs 35.8 billion in FY24, while Ebitda grew 10.1% from Rs 8.6 billion to Rs 9.5 billion in FY24. The Ebitda margins grew from its lowest in the last five years, at 25.3% in FY23 to 26.5% in FY24. The profit after tax also grew 15.4% from Rs 6.3 billion in FY23 to Rs 7.2 billion in FY24. Profit after tax margin moved up from 18.4% to 20.2% in FY24.In FY23-24, the company launched more than 35 new products and variants in the domestic business, primarily as digital-first launches on its D2C portal, Zanducare. Emami introduced “Agni Balm”, a robust multi-purpose balm to counter regional balm brands. It also launched a new variant “Navratna Cool Talc Arctic Blossom” with Ylang-Ylang fragrance. Also “BoroPlus Aloe Neem Body Lotion”, a summer variant, was launched successfully in the Body Lotion category.The FMCG market reached $ 167 billion as of 2023, wherein the urban segment contributed 65% whereas rural India contributed more than 35% to the overall annual FMCG sales. The FMCG sector is expected to grow to $ 192 by the end of 2024 and reach $ 220 billion in 2025. Household and personal care accounted for 50% of FMCG sales in India..Click on the attachment to read the full report:.ICICI Securities Shares Tumble After NCLT Approves Delisting Scheme.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Emami - Steady Growth; Ebitda Margins Grew From Its Lowest In The Last Five Years: Dolat Capital

The company launched digital initiatives to enhance product visibility and availability across channels, says the brokerage.

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