Emami Q2: Revenue rises 36% to Rs 1,088 crore; domestic business grows 49%

Emami reported a 25% rise in EBITDA to Rs 222 crore in Q2FY27, while its Profit After Tax declined 3% to Rs 144 crore. The company also completed a share buyback worth Rs 281.24 crore and declared an interim dividend of Rs 5 per share.

Emami Limited reported a 36% year-on-year growth in consolidated revenue from operations to Rs 1,088 crore for the second quarter ended September 30, 2026. On a like-to-like basis, after accounting for the previous period's numbers of Axiom Ayurveda and IncNut Digital, revenue grew 24%.

The company's domestic business registered 49% growth, supported by volume growth of 43%. On a like-to-like basis, domestic business grew 32%, with volume growth of 26%.

On the profitability front, EBITDA increased 25% to Rs 222 crore, while Profit Before Tax (PBT) rose 29% to Rs 194 crore. However, Profit After Tax (PAT) declined 3% to Rs 144 crore, largely due to the normalisation of the effective tax rate following the phase-out of fiscal benefits.

For the first half of FY27, consolidated revenue stood at Rs 2,127 crore, registering a 25% increase. EBITDA grew 14% to Rs 449 crore, while PBT increased 15% to Rs 388 crore.

Among its business segments, Skin Care grew 31%, led by the BoroPlus and Talc portfolios. Hair and Scalp Care registered 30% growth, driven by Navratna Cool Oils and 7 Oils in One, while Health Care grew 11%, led by the Pain Management range.

The company's Strategic Investments portfolio recorded 73% like-to-like growth during the quarter and contributed approximately 26% of domestic business.

During Q2FY27, Emami entered the baby care category with the FromMaa range under the BoroPlus brand. It also introduced the Kesh King Scalp First range across modern trade and e-commerce, alongside new product launches from its Strategic Investments portfolio.

On the distribution front, organised channels contributed 37% of domestic business, while quick commerce accounted for approximately 15% of total digital sales.

Its international business reported a 2% decline in revenue during the quarter. However, excluding Nepal and Iraq, the business grew 6%, supported by momentum across key markets. The company said it had undertaken mitigation measures across logistics, pricing and cost management to navigate supply chain disruptions.

Commenting on the performance, Harsha V Agarwal, Vice Chairman and Managing Director, Emami Limited, said the growth was driven by the performance of core brands and the scale-up of the Strategic Investments portfolio. He added that the company would continue investing in innovation, AI-enabled capabilities and new-age consumer brands to diversify its business.

Mohan Goenka, Vice Chairman and Whole-Time Director, Emami Limited, said elevated input costs were addressed through calibrated pricing actions and productivity improvements. He also highlighted initiatives such as Project SETU and SalesCode.AI, which are aimed at improving planning, execution and decision-making across the sales ecosystem.

During the quarter, Emami completed a share buyback worth Rs 281.24 crore and declared its first interim dividend of Rs 5 per share.