Emami Ltd (BOM:531162)

₹ 690.6 16.55 (2.46%) Market Cap: 301.45 Bil Enterprise Value: 294.60 Bil PE Ratio: 39.01 PB Ratio: 11.46 GF Score: 100/100

Q4 2024 Emami Ltd Earnings Call Transcript

May 29, 2024 / 10:30AM GMT

Release Date Price: ₹521.65 (-1.98%)

Transcript

Key Points

Positve

Emami Ltd (BOM:531162) reported an 8% growth in consolidated net sales, reaching INR881 crore.
The company's domestic business grew by 8%, with a healthy volume growth of 6.4%.
The BoroPlus range saw a significant growth of 32% due to extended winters.
International business grew by 9% in constant currency terms and 8% in INR terms, driven primarily by the MENA region.
Gross margins expanded by 270 basis points to 65.8%, and EBITDA grew by 6% to INR211 crore.

Negative

Male Grooming range and Kesh King range were impacted by lower discretionary consumption, declining by 2% and 9% respectively.
Despite geopolitical crises and currency depreciations in key geographies, the international business faced challenges.
The company had to invest heavily in brand-building activities, resulting in a 39% increase in A&P spends.
The summer portfolio growth was not as strong in Q4, likely due to a delayed winter.
E-commerce profitability is slightly lower than other channels due to higher discounts and offers.

Operator

Ladies and gentlemen, good day and welcome to Emami Limited Q4 FY24 earnings conference call hosted by IIFL Securities Limited. (Operator Instructions) Please note that this conference is recorded.

I now hand the call over to Mr. Percy Panthaki from IIFL Securities Limited. Thank you and over to you, sir.

Percy Panthaki

IIFL Securities Limited - Analyst

Hi, everyone. Good evening. It's our pleasure to host the management of Emami Limited for their 4Q call. I have with me on the line, Mr. Mohan Goenka, Wholetime Director and Vice Chairman; Mr. Vivek Dhir, CEO, International Business; Mr. Gul Raj Bhatia, President, Health Care Division; Mr. Manish Gupta, President Sales; and Mr. Rajesh Sharma, President, Finance and IR.

I'll now hand over the call to Mr. Mohan Goenka, who will take you through the presentation, and then we will open up for Q&A. Over to you, sir.

Mohan Goenka

Emami Ltd - Vice Chairman of the Board, Whole Time Director

Thank you, Percy. Very good afternoon, ladies and gentlemen.

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.