Page 6 - Emami

Emami turns volatile post June quarter results

The stock was trading flat at Rs 1,073, bouncing back 5% from intra-day low of Rs 1,020 on the NSE

Demonetisation damper on Emami's wholesale channel

The Kolkata-based FMCG firm is likely to post a stressed balance sheet for the first quarter of FY18

Emami aims to acquire brands in Africa

Even as Emami Ltd's international business continues to reel under stress as 27 per cent of its global presence is affected by a downswing in the Middle-East, the company is aggressively eyeing to proliferate its presence in the Sub-Saharan African region.Already exporting products to African countries like Nigeria, Kenya, Ethiopia and several others which contribute eight per cent to its global sales now, Emami Ltd is planning to acquire manufacturing and distribution companies in the region which it hopes will save it from currency volatility. Most importantly, it is eyeing to acquire strong brands in the region which will help push its existing brands into the region.According to the company's director, Prashant Goenka, who looks after the international business, in the last fiscal year, the African business was affected by currency volatility which had stressed business in the region and thus, Emami Ltd has narrowed down on the plan to convert the African region from an export ...

Note-ban blues not yet over for Emami

But company grows market share across key brands, limits squeeze on operating profit margin

Emami bets on direct retail

Reducing dependence on wholesale will offering greater visibility to new brands

Emami to invest Rs 1,000 cr to boost edible oil biz

After buyouts of Kesh King & Rasoi, it is looking to buy assets in the space

Emami chalks out Rs 800-cr capex for four years

Fast moving consumer goods (FMCG) company Emami Ltd plans capital expenditure of Rs 800 crore in the next four years for expansion in product portfolio and strengthen its presence in existing markets.For its "Healthy & Tasty" brand edible oil alone, the company plans a capital expenditure of Rs 200 crore on marketing and promotion across the country.While announcing the geographical expansion with national roll out of its premium "Healthy & Tasty" brand edible oils, Aditya Agarwal, Director, Emami Group, said, "The brand currently enjoys second largest sales with 18 per cent of market share in West Bengal. Apart from West Bengal, its smallest sachet packs with a price tag of Rs 5 and Rs 10 are also available in Karnataka and Odisha with an estimated annual turnover of Rs 600 crore. We are now looking to cloak Rs 5000 crore turnover in the next two-three years with national roll out."The company introduced its "Healthy & Tasty" brand edible oils in Maharashtra, Delhi, ...

Emami undertakes distribution structure overhaul

Exercise would mean an additional 15-20% increase in salespeople under the distributor's payroll

Emami ties up with Sheth Corp for luxury homes project, to invest Rs 350 cr

The 7-acre project will have four towers with 2, 3, 4 and 5 BHK apartments

Emami expects sales rebound in post-demonetisation period

After reporting a flattish growth of less than one per cent in the demonetisation period, Kolkata based fast moving consumer goods (FMCG) company, Emami Ltd is expecting sales to bounce back in the coming 2-3 months and has projected a 12-14 per cent growth in the coming fiscal year."We are targeting double digit growth, so growth anywhere between 12-14 per cent is what we expect for next year, but we are expecting a double digit volume growth for next year, that is our biggest challenge and target", the company's executive director, Mohan Goenka said in an investor's conference call.As per Goenka, the wholesale market, although not absolutely back to normalcy post demonetisation, has mostly revived."It is not absolutely back to normal, but I think in the next one or two months it should be back to normal. To give a number is very difficult for me", he told analysts.To drive its business in the remonetisation period, Emami has planned a three-fold strategy. While it will foremost ...

Emami opens up a third front

With Rosscare, Emami is tapping into lucrative pharma channel

Hit by demonetisation, Emami posts flat Q3 growth

Net profit and revenue were at Rs 134 cr and Rs 726 cr respectively

Emami bets big on Rosscare brand

Its portfolio includes nebulisers, vaporisers, surgical tape, homecare products, health juices, tea

Kesh King pays off for Emami

Currently, Kesh King has a 35 % share in the Rs 650-crore ayurvedic hair oil market

Emami eyes investing in start-ups

Venture conceived by Aditya Agarwal, Manish Goenka to fund domestic and foreign firms

Emami eyes investing in start-ups

The new venture has been conceived by the sons of the promoters, Aditya Agarwal and Manish Goenka

Emami posts 9.22% rise in Q2 net profit

Its net profit in the corresponding quarter of the last fiscal year stood at Rs 60.53 crore

Emami Q2 net profit up 9.21% at Rs 66 crore

The company had posted a net profit of Rs 60.53 crore during the same period of the previous fiscal

Emami Group to invest Rs 8,500 cr in cement arm

The company has also appointed McKinsey India to recommend a marketing strategy

Emami: Healthy momentum in volumes, margin

Current valuations leave little scope for gains