The FMCG company recorded strong domestic demand, with volume growth of 43%, while EBITDA increased 25% to Rs 222 crore. New product launches and organised-channel expansion supported its performance.
Emami Limited reported a 36% year-on-year increase in consolidated revenue from operations to Rs 1,088 crore in Q2 FY27. Like-for-like revenue growth stood at 24%, while its domestic business expanded 49%, supported by volume growth of 43%. On a like-for-like basis, domestic revenue increased 32%, with volumes rising 26%.
The company’s Skin Care business grew 31%, led by BoroPlus and its talc portfolio. Hair and Scalp Care increased 30%, driven by Navratna Cool Oils and 7 Oils in One, while Health Care grew 11%, supported by its pain management range. The Strategic Investments portfolio recorded 73% like-for-like growth and contributed around 26% of domestic business during the quarter.
Product Expansion and Distribution
Emami expanded its portfolio with the launch of the FromMaa baby care range under BoroPlus and the Kesh King Scalp First range across modern trade and e-commerce. Organised channels accounted for 37% of domestic business, while quick commerce contributed approximately 15% of total digital sales.
International business revenue declined 2% during the quarter, although it grew 6% excluding Nepal and Iraq. The company attributed the reported decline to disruptions in certain overseas markets and cited measures across logistics, pricing and cost management to address supply-chain challenges.
Profitability and H1 FY27 Performance
Emami’s EBITDA increased 25% to Rs 222 crore, while profit before tax rose 29% to Rs 194 crore. However, profit after tax declined 3% to Rs 144 crore, primarily due to the normalisation of the effective tax rate following the phase-out of fiscal benefits.
For H1 FY27, revenue increased 25% to Rs 2,127 crore. EBITDA rose 14% to Rs 449 crore, while profit before tax grew 15% to Rs 388 crore.
The company completed a Rs 281.24 crore share buyback and approved an interim dividend of Rs 5 per share. It is also investing in innovation, AI-enabled capabilities and operational initiatives, including Project SETU and SalesCode.AI, to strengthen sales planning and execution.
Source: Based on publicly available reporting, with additional editorial adaptation and analysis.
