Emami Ltd.
•2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 32.2%
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.8%
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.08x)
- Company has been maintaining a healthy dividend payout of 56.3%
CONS
- Total debt has risen sharply - up 97.1% year on year
- Effective tax rate is unusually low at 8.4% - earnings may be flattered
- Company has delivered a poor sales growth of 5.6% over past five years
- Recurring exceptional / one-off items are inflating headline profit
- Stock is trading at 5.9x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HINDUNILVR | 2016.00 | 31.67 | 473677.60 | 2.03 | 2680.00 | -3.18 | 17341.00 | 6.24 | 28.98 | 22.76 |
| 2. | GODREJCP | 930.00 | 49.73 | 95167.36 | 2.15 | 504.52 | 11.51 | 4225.47 | 16.02 | 17.96 | 18.96 |
| 3. | DABUR | 398.50 | 35.85 | 70692.19 | 2.07 | 586.16 | 15.32 | 3764.39 | 10.57 | 21.37 | 19.68 |
| 4. | COLPAL | 1876.00 | 117.54 | 51024.50 | 2.56 | 3430.80 | 970.05 | 16033.00 | 1018.01 | 110.06 | 30.12 |
| 5. | CUPID | 284.30 | 278.28 | 38228.70 | 0.00 | 441.49 | 2841.89 | 1569.80 | 2524.64 | 17.04 | 39.70 |
| 6. | PGHH | 8238.40 | 0.00 | 26742.45 | 3.10 | 126.27 | -34.25 | 891.46 | -4.67 | 157.81 | 19.08 |
| 7. | GILLETTE | 7505.55 | 0.00 | 24457.00 | 3.20 | 159.45 | 9.44 | 783.02 | 10.80 | 90.62 | 29.09 |
| 8. | EMAMILTD | 400.80 | 23.38 | 17494.92 | 2.50 | 138.94 | -15.41 | 1039.21 | 14.95 | 29.54 | 21.61 |
| 9. | GALAXYSURF | 2361.50 | 23.66 | 8372.64 | 0.93 | 165.92 | 108.73 | 1781.90 | 39.44 | 13.39 | 13.99 |
| 10. | JYOTHYLAB | 207.80 | 20.60 | 7630.72 | 1.68 | 76.27 | -2.41 | 666.96 | 1.06 | 30.71 | 15.49 |
| 11. | SFL | 678.00 | 34.52 | 7403.98 | 0.15 | 62.34 | 770.67 | 1031.94 | 25.63 | 6.76 | 10.85 |
| 12. | SAFARI | 1481.95 | 43.99 | 7261.16 | 0.27 | 47.75 | -5.43 | 588.58 | 11.51 | 21.55 | 12.81 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 826 | 865 | 996 | 891 | 906 | 891 | 1,049 | 963 | 904 | 799 | 1,152 | 925 | 1,039 | |
| 636 | 631 | 681 | 680 | 690 | 640 | 711 | 744 | 690 | 620 | 768 | 738 | 861 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 8 | 11 | 17 | 11 | 10 | 22 | 15 | 21 | 22 | 21 | 19 | 23 | 18 |
| Interest | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 3 | 6 |
| Depreciation | 46 | 46 | 46 | 48 | 44 | 45 | 46 | 44 | 44 | 45 | 45 | 42 | 43 |
| 150 | 196 | 277 | 171 | 180 | 225 | 306 | 194 | 189 | 152 | 345 | 164 | 195 | |
| Tax % | 8.59% | 8.06% | 5.59% | 13.16% | 15.39% | 4.19% | 7.31% | 16.23% | 11.92% | 1.20% | 7.42% | 12.71% | 28.64% |
| Net Profit | 0 | 0 | 0 | 0 | 151 | 211 | 279 | 162 | 164 | 148 | 319 | 143 | 139 |
| 3 | 4 | 6 | 3 | 4 | 5 | 6 | 4 | 4 | 3 | 7 | 3 | 0 | |
| Equity Capital | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 826
- 636
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 2
- Depreciation
- 46
- 150
- Tax %
- 8.59%
- Net Profit
- 0
- 3
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 865
- 631
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 2
- Depreciation
- 46
- 196
- Tax %
- 8.06%
- Net Profit
- 0
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 996
- 681
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 3
- Depreciation
- 46
- 277
- Tax %
- 5.59%
- Net Profit
- 0
- 6
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 891
- 680
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 3
- Depreciation
- 48
- 171
- Tax %
- 13.16%
- Net Profit
- 0
- 3
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 906
- 690
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 2
- Depreciation
- 44
- 180
- Tax %
- 15.39%
- Net Profit
- 151
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 891
- 640
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 2
- Depreciation
- 45
- 225
- Tax %
- 4.19%
- Net Profit
- 211
- 5
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,049
- 711
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 2
- Depreciation
- 46
- 306
- Tax %
- 7.31%
- Net Profit
- 279
- 6
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 963
- 744
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 3
- Depreciation
- 44
- 194
- Tax %
- 16.23%
- Net Profit
- 162
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 904
- 690
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 2
- Depreciation
- 44
- 189
- Tax %
- 11.92%
- Net Profit
- 164
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 799
- 620
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 3
- Depreciation
- 45
- 152
- Tax %
- 1.20%
- Net Profit
- 148
- 3
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,152
- 768
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 3
- Depreciation
- 45
- 345
- Tax %
- 7.42%
- Net Profit
- 319
- 7
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 925
- 738
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 3
- Depreciation
- 42
- 164
- Tax %
- 12.71%
- Net Profit
- 143
- 3
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,039
- 861
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 6
- Depreciation
- 43
- 195
- Tax %
- 28.64%
- Net Profit
- 139
- 0
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,488 | 2,531 | 2,695 | 2,655 | 2,881 | 3,187 | 3,406 | 3,578 | 3,809 | 3,780 | 3,915 | |
| 1,787 | 1,888 | 1,967 | 1,964 | 1,997 | 2,235 | 2,543 | 2,629 | 2,784 | 2,816 | 2,987 | |
| Operating Profit | 790 | 739 | 762 | 748 | 953 | 1,048 | 932 | 996 | 1,093 | 1,049 | — |
| OPM % | 32 | 29 | 28 | 28 | 33 | 33 | 27 | 28 | 29 | 28 | — |
| Other Income | 89 | 96 | 35 | 57 | 70 | 95 | 69 | 47 | 68 | 85 | 82 |
| Interest | 58 | 34 | 21 | 21 | 13 | 5 | 7 | 10 | 9 | 11 | 14 |
| Depreciation | 309 | 311 | 325 | 336 | 367 | 335 | 247 | 186 | 178 | 177 | 176 |
| 424 | 393 | 403 | 374 | 569 | 688 | 670 | 791 | 894 | 846 | 856 | |
| Tax % | 20 | 22 | 25 | 19 | 20 | -22 | 6 | 8 | 10 | 8 | 12 |
| Net Profit | 340 | 306 | 303 | 302 | 455 | 837 | 627 | 724 | 803 | 775 | 752 |
| EPS | 15 | 7 | 7 | 7 | 10 | 19 | 14 | 17 | 18 | 18 | — |
| Dividend Payout % | 47 | 52 | 60 | 60 | 78 | 42 | 55 | 48 | 54 | 56 | — |
| Minority Interest | 0 | 1 | 1 | 1 | -0 | 2 | 12 | -1 | 4 | 0 | 2 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4 |
| Adjusted EPS | 7 | 7 | 7 | 7 | 10 | 19 | 14 | 17 | 18 | 18 | — |
| Minority Interest | 0 | 1 | 1 | 1 | -0 | 2 | 12 | -1 | 4 | 0 | 2 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4 |
| Adjusted EPS | 7 | 7 | 7 | 7 | 10 | 19 | 14 | 17 | 18 | 18 | — |
- 2,488
- 1,787
- Operating Profit
- 790
- OPM %
- 32
- Other Income
- 89
- Interest
- 58
- Depreciation
- 309
- 424
- Tax %
- 20
- Net Profit
- 340
- EPS
- 15
- Dividend Payout %
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- 2,531
- 1,888
- Operating Profit
- 739
- OPM %
- 29
- Other Income
- 96
- Interest
- 34
- Depreciation
- 311
- 393
- Tax %
- 22
- Net Profit
- 306
- EPS
- 7
- Dividend Payout %
- 52
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 7
- 2,695
- 1,967
- Operating Profit
- 762
- OPM %
- 28
- Other Income
- 35
- Interest
- 21
- Depreciation
- 325
- 403
- Tax %
- 25
- Net Profit
- 303
- EPS
- 7
- Dividend Payout %
- 60
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 7
- 2,655
- 1,964
- Operating Profit
- 748
- OPM %
- 28
- Other Income
- 57
- Interest
- 21
- Depreciation
- 336
- 374
- Tax %
- 19
- Net Profit
- 302
- EPS
- 7
- Dividend Payout %
- 60
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 7
- 2,881
- 1,997
- Operating Profit
- 953
- OPM %
- 33
- Other Income
- 70
- Interest
- 13
- Depreciation
- 367
- 569
- Tax %
- 20
- Net Profit
- 455
- EPS
- 10
- Dividend Payout %
- 78
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 10
- 3,187
- 2,235
- Operating Profit
- 1,048
- OPM %
- 33
- Other Income
- 95
- Interest
- 5
- Depreciation
- 335
- 688
- Tax %
- -22
- Net Profit
- 837
- EPS
- 19
- Dividend Payout %
- 42
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 19
- 3,406
- 2,543
- Operating Profit
- 932
- OPM %
- 27
- Other Income
- 69
- Interest
- 7
- Depreciation
- 247
- 670
- Tax %
- 6
- Net Profit
- 627
- EPS
- 14
- Dividend Payout %
- 55
- Minority Interest
- 12
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 12
- Share of Associates
- 0
- Adjusted EPS
- 14
- 3,578
- 2,629
- Operating Profit
- 996
- OPM %
- 28
- Other Income
- 47
- Interest
- 10
- Depreciation
- 186
- 791
- Tax %
- 8
- Net Profit
- 724
- EPS
- 17
- Dividend Payout %
- 48
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 17
- 3,809
- 2,784
- Operating Profit
- 1,093
- OPM %
- 29
- Other Income
- 68
- Interest
- 9
- Depreciation
- 178
- 894
- Tax %
- 10
- Net Profit
- 803
- EPS
- 18
- Dividend Payout %
- 54
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 18
- 3,780
- 2,816
- Operating Profit
- 1,049
- OPM %
- 28
- Other Income
- 85
- Interest
- 11
- Depreciation
- 177
- 846
- Tax %
- 8
- Net Profit
- 775
- EPS
- 18
- Dividend Payout %
- 56
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- 3,915
- 2,987
- Operating Profit
- —
- OPM %
- —
- Other Income
- 82
- Interest
- 14
- Depreciation
- 176
- 856
- Tax %
- 12
- Net Profit
- 752
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 2
- Share of Associates
- -4
- Adjusted EPS
- —
- Minority Interest
- 2
- Share of Associates
- -4
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 5%
- 5 Years:
- 6%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 8%
- 5 Years:
- 11%
- 3 Years:
- 7%
STOCK PRICE CAGR
- 10 Years:
- -4%
- 5 Years:
- -7%
- 3 Years:
- -9%
- 1 Year:
- -35%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 32%
- 3 Years:
- 30%
- Last Year:
- 28%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 23 | 23 | 45 | 45 | 44 | 44 | 44 | 44 | 44 | 44 |
| 1,732 | 1,991 | 2,031 | 1,778 | 1,718 | 2,032 | 2,259 | 2,403 | 2,651 | 2,880 | |
| 173 | 326 | 110 | 210 | 92 | 264 | 74 | 66 | 62 | 122 | |
| Trade Payables | 185 | 242 | 291 | 324 | 351 | 409 | 407 | 455 | 436 | 477 |
| 491 | 216 | 341 | 320 | 314 | 25 | -37 | -125 | -183 | -313 | |
| Total Liabilities | 2,603 | 2,798 | 2,819 | 2,678 | 2,520 | 2,774 | 2,746 | 2,842 | 3,010 | 3,210 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,940 | 1,746 | 1,625 | 1,405 | 1,079 | 1,290 | 1,192 | 1,062 | 933 | 846 | |
| Capital Work in Progress | 13 | 23 | 35 | 7 | 6 | 2 | 6 | 7 | 13 | 1 |
| 128 | 314 | 187 | 156 | 255 | 303 | 293 | 442 | 676 | 834 | |
| 179 | 194 | 222 | 245 | 300 | 358 | 328 | 323 | 308 | 400 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 494 | 451 | 343 | |
| Cash & Bank | 50 | 80 | 203 | 119 | 360 | 116 | 185 | 201 | 273 | 410 |
| 293 | 442 | 546 | 747 | 519 | 706 | 742 | 313 | 355 | 376 | |
| Total Assets | 2,603 | 2,798 | 2,819 | 2,678 | 2,520 | 2,774 | 2,746 | 2,842 | 3,010 | 3,210 |
| Total Debt | 473 | 326 | 110 | 210 | 92 | 264 | 74 | 66 | 62 | 122 |
| Net Working Capital | -341 | -13 | 169 | 241 | 427 | 157 | 563 | 659 | 954 | 1,097 |
| Contingent Liabilities | 16 | 24 | 15 | 9 | 10 | 10 | 10 | 12 | 13 | 11 |
| Book Value per Share | 77.31 | 88.72 | 45.73 | 40.24 | 39.65 | 47.07 | 52.20 | 56.05 | 61.74 | 66.99 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 473 | 326 | 110 | 210 | 92 | 264 | 74 | 66 | 62 | 122 |
| Net Working Capital | -341 | -13 | 169 | 241 | 427 | 157 | 563 | 659 | 954 | 1,097 |
| Contingent Liabilities | 16 | 24 | 15 | 9 | 10 | 10 | 10 | 12 | 13 | 11 |
| Book Value per Share | 77.31 | 88.72 | 45.73 | 40.24 | 39.65 | 47.07 | 52.20 | 56.05 | 61.74 | 66.99 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
- Equity Capital
- 23
- 1,732
- 173
- Trade Payables
- 185
- 491
- Total Liabilities
- 2,603
- 1,940
- Capital Work in Progress
- 13
- 128
- 179
- 0
- Cash & Bank
- 50
- 293
- Total Assets
- 2,603
- Total Debt
- 473
- Net Working Capital
- -341
- Contingent Liabilities
- 16
- Book Value per Share
- 77.31
- Face Value
- 1.00
- Total Debt
- 473
- Net Working Capital
- -341
- Contingent Liabilities
- 16
- Book Value per Share
- 77.31
- Face Value
- 1.00
- Equity Capital
- 23
- 1,991
- 326
- Trade Payables
- 242
- 216
- Total Liabilities
- 2,798
- 1,746
- Capital Work in Progress
- 23
- 314
- 194
- 0
- Cash & Bank
- 80
- 442
- Total Assets
- 2,798
- Total Debt
- 326
- Net Working Capital
- -13
- Contingent Liabilities
- 24
- Book Value per Share
- 88.72
- Face Value
- 1.00
- Total Debt
- 326
- Net Working Capital
- -13
- Contingent Liabilities
- 24
- Book Value per Share
- 88.72
- Face Value
- 1.00
- Equity Capital
- 45
- 2,031
- 110
- Trade Payables
- 291
- 341
- Total Liabilities
- 2,819
- 1,625
- Capital Work in Progress
- 35
- 187
- 222
- 0
- Cash & Bank
- 203
- 546
- Total Assets
- 2,819
- Total Debt
- 110
- Net Working Capital
- 169
- Contingent Liabilities
- 15
- Book Value per Share
- 45.73
- Face Value
- 1.00
- Total Debt
- 110
- Net Working Capital
- 169
- Contingent Liabilities
- 15
- Book Value per Share
- 45.73
- Face Value
- 1.00
- Equity Capital
- 45
- 1,778
- 210
- Trade Payables
- 324
- 320
- Total Liabilities
- 2,678
- 1,405
- Capital Work in Progress
- 7
- 156
- 245
- 0
- Cash & Bank
- 119
- 747
- Total Assets
- 2,678
- Total Debt
- 210
- Net Working Capital
- 241
- Contingent Liabilities
- 9
- Book Value per Share
- 40.24
- Face Value
- 1.00
- Total Debt
- 210
- Net Working Capital
- 241
- Contingent Liabilities
- 9
- Book Value per Share
- 40.24
- Face Value
- 1.00
- Equity Capital
- 44
- 1,718
- 92
- Trade Payables
- 351
- 314
- Total Liabilities
- 2,520
- 1,079
- Capital Work in Progress
- 6
- 255
- 300
- 0
- Cash & Bank
- 360
- 519
- Total Assets
- 2,520
- Total Debt
- 92
- Net Working Capital
- 427
- Contingent Liabilities
- 10
- Book Value per Share
- 39.65
- Face Value
- 1.00
- Total Debt
- 92
- Net Working Capital
- 427
- Contingent Liabilities
- 10
- Book Value per Share
- 39.65
- Face Value
- 1.00
- Equity Capital
- 44
- 2,032
- 264
- Trade Payables
- 409
- 25
- Total Liabilities
- 2,774
- 1,290
- Capital Work in Progress
- 2
- 303
- 358
- 0
- Cash & Bank
- 116
- 706
- Total Assets
- 2,774
- Total Debt
- 264
- Net Working Capital
- 157
- Contingent Liabilities
- 10
- Book Value per Share
- 47.07
- Face Value
- 1.00
- Total Debt
- 264
- Net Working Capital
- 157
- Contingent Liabilities
- 10
- Book Value per Share
- 47.07
- Face Value
- 1.00
- Equity Capital
- 44
- 2,259
- 74
- Trade Payables
- 407
- -37
- Total Liabilities
- 2,746
- 1,192
- Capital Work in Progress
- 6
- 293
- 328
- 0
- Cash & Bank
- 185
- 742
- Total Assets
- 2,746
- Total Debt
- 74
- Net Working Capital
- 563
- Contingent Liabilities
- 10
- Book Value per Share
- 52.20
- Face Value
- 1.00
- Total Debt
- 74
- Net Working Capital
- 563
- Contingent Liabilities
- 10
- Book Value per Share
- 52.20
- Face Value
- 1.00
- Equity Capital
- 44
- 2,403
- 66
- Trade Payables
- 455
- -125
- Total Liabilities
- 2,842
- 1,062
- Capital Work in Progress
- 7
- 442
- 323
- 494
- Cash & Bank
- 201
- 313
- Total Assets
- 2,842
- Total Debt
- 66
- Net Working Capital
- 659
- Contingent Liabilities
- 12
- Book Value per Share
- 56.05
- Face Value
- 1.00
- Total Debt
- 66
- Net Working Capital
- 659
- Contingent Liabilities
- 12
- Book Value per Share
- 56.05
- Face Value
- 1.00
- Equity Capital
- 44
- 2,651
- 62
- Trade Payables
- 436
- -183
- Total Liabilities
- 3,010
- 933
- Capital Work in Progress
- 13
- 676
- 308
- 451
- Cash & Bank
- 273
- 355
- Total Assets
- 3,010
- Total Debt
- 62
- Net Working Capital
- 954
- Contingent Liabilities
- 13
- Book Value per Share
- 61.74
- Face Value
- 1.00
- Total Debt
- 62
- Net Working Capital
- 954
- Contingent Liabilities
- 13
- Book Value per Share
- 61.74
- Face Value
- 1.00
- Equity Capital
- 44
- 2,880
- 122
- Trade Payables
- 477
- -313
- Total Liabilities
- 3,210
- 846
- Capital Work in Progress
- 1
- 834
- 400
- 343
- Cash & Bank
- 410
- 376
- Total Assets
- 3,210
- Total Debt
- 122
- Net Working Capital
- 1,097
- Contingent Liabilities
- 11
- Book Value per Share
- 66.99
- Face Value
- 1.00
- Total Debt
- 122
- Net Working Capital
- 1,097
- Contingent Liabilities
- 11
- Book Value per Share
- 66.99
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 730 | 588 | 554 | 531 | 922 | 644 | 749 | 779 | 896 | 801 | |
| Cash from Investing | -297 | -279 | -23 | -228 | -227 | -235 | -113 | -205 | -340 | -181 |
| Cash from Financing | -496 | -324 | -428 | -405 | -688 | -402 | -608 | -563 | -500 | -554 |
| -64 | -15 | 103 | -102 | 6 | 7 | 28 | 11 | 56 | 65 | |
| Free Cash Flow | 634 | 459 | 345 | 445 | 888 | 116 | 613 | 740 | 858 | 742 |
| OCF / Net Profit | 2.15 | 1.92 | 1.83 | 1.76 | 2.03 | 0.77 | 1.19 | 1.08 | 1.12 | 1.03 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,770 | 2,253 | 2,408 | 2,802 | 3,216 | 3,069 |
| OCF / Net Profit | 2.15 | 1.92 | 1.83 | 1.76 | 2.03 | 0.77 | 1.19 | 1.08 | 1.12 | 1.03 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,770 | 2,253 | 2,408 | 2,802 | 3,216 | 3,069 |
- 730
- Cash from Investing
- -297
- Cash from Financing
- -496
- -64
- Free Cash Flow
- 634
- OCF / Net Profit
- 2.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.15
- Cumulative 5-Year FCF
- 0
- 588
- Cash from Investing
- -279
- Cash from Financing
- -324
- -15
- Free Cash Flow
- 459
- OCF / Net Profit
- 1.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.92
- Cumulative 5-Year FCF
- 0
- 554
- Cash from Investing
- -23
- Cash from Financing
- -428
- 103
- Free Cash Flow
- 345
- OCF / Net Profit
- 1.83
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.83
- Cumulative 5-Year FCF
- 0
- 531
- Cash from Investing
- -228
- Cash from Financing
- -405
- -102
- Free Cash Flow
- 445
- OCF / Net Profit
- 1.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.76
- Cumulative 5-Year FCF
- 0
- 922
- Cash from Investing
- -227
- Cash from Financing
- -688
- 6
- Free Cash Flow
- 888
- OCF / Net Profit
- 2.03
- Cumulative 5-Year FCF
- 2,770
- OCF / Net Profit
- 2.03
- Cumulative 5-Year FCF
- 2,770
- 644
- Cash from Investing
- -235
- Cash from Financing
- -402
- 7
- Free Cash Flow
- 116
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 2,253
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 2,253
- 749
- Cash from Investing
- -113
- Cash from Financing
- -608
- 28
- Free Cash Flow
- 613
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 2,408
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 2,408
- 779
- Cash from Investing
- -205
- Cash from Financing
- -563
- 11
- Free Cash Flow
- 740
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- 2,802
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- 2,802
- 896
- Cash from Investing
- -340
- Cash from Financing
- -500
- 56
- Free Cash Flow
- 858
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- 3,216
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- 3,216
- 801
- Cash from Investing
- -181
- Cash from Financing
- -554
- 65
- Free Cash Flow
- 742
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 3,069
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 3,069
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 15.00 | 13.53 | 6.68 | 6.68 | 10.23 | 19.02 | 14.50 | 16.58 | 18.48 | 17.76 |
| Book Value (₹) | 77.31 | 88.72 | 45.73 | 40.24 | 39.65 | 47.07 | 52.20 | 56.05 | 61.74 | 66.99 |
| Dividend per Share (₹) | 7.00 | 7.00 | 4.00 | 4.00 | 8.00 | 8.00 | 8.00 | 8.00 | 10.00 | 10.00 |
| Cash EPS (₹) | 14.29 | 13.60 | 13.83 | 14.09 | 18.48 | 26.55 | 19.83 | 20.85 | 22.47 | 21.82 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 31.26% | 29.08% | 28.28% | 28.16% | 33.10% | 32.87% | 27.36% | 26.54% | 26.91% | 25.50% |
| Net Margin % | 13.45% | 12.05% | 11.23% | 11.39% | 15.79% | 26.25% | 18.42% | 20.24% | 21.07% | 20.51% |
| ROE % | 20.20% | 16.26% | 14.79% | 15.50% | 25.36% | 43.58% | 28.65% | 30.49% | 31.23% | 27.60% |
| ROCE % | 21.36% | 18.69% | 18.77% | 18.70% | 29.94% | 33.04% | 28.70% | 32.76% | 34.28% | 29.54% |
| 12.84% | 11.34% | 10.77% | 11.00% | 17.49% | 31.61% | 22.73% | 25.92% | 27.44% | 24.93% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 16 | 18 | 25 | 36 | 34 | 32 | 39 | 46 | 45 | 38 |
| Inventory Days | 24 | 27 | 28 | 32 | 35 | 38 | 37 | 33 | 30 | 34 |
| Payable Days | 100 | 96 | 105 | 128 | 133 | 129 | 124 | 136 | 136 | 146 |
| -60 | -51 | -52 | -60 | -64 | -60 | -48 | -56 | -60 | -74 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.27x | 0.16x | 0.05x | 0.12x | 0.05x | 0.13x | 0.03x | 0.03x | 0.02x | 0.04x |
| Interest Coverage (x) | 8.30x | 12.44x | 19.85x | 18.78x | 43.87x | 136.62x | 91.58x | 80.26x | 96.73x | 77.02x |
| 0.56x | 0.98x | 1.25x | 1.30x | 1.61x | 1.17x | 1.78x | 1.87x | 2.22x | 2.31x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 5.50% | 1.70% | 6.48% | -1.48% | 8.50% | 10.65% | 6.86% | 5.06% | 6.46% | -0.78% |
| Operating Profit Growth % | 7.99% | -6.49% | 3.14% | -1.90% | 27.52% | 9.89% | -11.07% | 6.94% | 9.72% | -4.07% |
| Net Profit Growth % | -6.35% | -9.91% | -1.23% | -0.08% | 50.41% | 84.00% | -25.01% | 15.42% | 10.86% | -3.42% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.33% | 11.46% | -3.87% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.88x | 31.37x | 22.13x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.65x | 9.39x | 5.87x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.87% | 1.73% | 2.54% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.65x | 22.95x | 16.09x |
- EPS (₹)
- 15.00
- Book Value (₹)
- 77.31
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 14.29
- Operating Margin %
- 31.26%
- Net Margin %
- 13.45%
- ROE %
- 20.20%
- ROCE %
- 21.36%
- 12.84%
- Debtor Days
- 16
- Inventory Days
- 24
- Payable Days
- 100
- -60
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 8.30x
- 0.56x
- Revenue Growth %
- 5.50%
- Operating Profit Growth %
- 7.99%
- Net Profit Growth %
- -6.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 13.53
- Book Value (₹)
- 88.72
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 13.60
- Operating Margin %
- 29.08%
- Net Margin %
- 12.05%
- ROE %
- 16.26%
- ROCE %
- 18.69%
- 11.34%
- Debtor Days
- 18
- Inventory Days
- 27
- Payable Days
- 96
- -51
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 12.44x
- 0.98x
- Revenue Growth %
- 1.70%
- Operating Profit Growth %
- -6.49%
- Net Profit Growth %
- -9.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 6.68
- Book Value (₹)
- 45.73
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 13.83
- Operating Margin %
- 28.28%
- Net Margin %
- 11.23%
- ROE %
- 14.79%
- ROCE %
- 18.77%
- 10.77%
- Debtor Days
- 25
- Inventory Days
- 28
- Payable Days
- 105
- -52
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 19.85x
- 1.25x
- Revenue Growth %
- 6.48%
- Operating Profit Growth %
- 3.14%
- Net Profit Growth %
- -1.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 6.68
- Book Value (₹)
- 40.24
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 14.09
- Operating Margin %
- 28.16%
- Net Margin %
- 11.39%
- ROE %
- 15.50%
- ROCE %
- 18.70%
- 11.00%
- Debtor Days
- 36
- Inventory Days
- 32
- Payable Days
- 128
- -60
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 18.78x
- 1.30x
- Revenue Growth %
- -1.48%
- Operating Profit Growth %
- -1.90%
- Net Profit Growth %
- -0.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 10.23
- Book Value (₹)
- 39.65
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 18.48
- Operating Margin %
- 33.10%
- Net Margin %
- 15.79%
- ROE %
- 25.36%
- ROCE %
- 29.94%
- 17.49%
- Debtor Days
- 34
- Inventory Days
- 35
- Payable Days
- 133
- -64
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 43.87x
- 1.61x
- Revenue Growth %
- 8.50%
- Operating Profit Growth %
- 27.52%
- Net Profit Growth %
- 50.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 19.02
- Book Value (₹)
- 47.07
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 26.55
- Operating Margin %
- 32.87%
- Net Margin %
- 26.25%
- ROE %
- 43.58%
- ROCE %
- 33.04%
- 31.61%
- Debtor Days
- 32
- Inventory Days
- 38
- Payable Days
- 129
- -60
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 136.62x
- 1.17x
- Revenue Growth %
- 10.65%
- Operating Profit Growth %
- 9.89%
- Net Profit Growth %
- 84.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 14.50
- Book Value (₹)
- 52.20
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 19.83
- Operating Margin %
- 27.36%
- Net Margin %
- 18.42%
- ROE %
- 28.65%
- ROCE %
- 28.70%
- 22.73%
- Debtor Days
- 39
- Inventory Days
- 37
- Payable Days
- 124
- -48
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 91.58x
- 1.78x
- Revenue Growth %
- 6.86%
- Operating Profit Growth %
- -11.07%
- Net Profit Growth %
- -25.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 16.58
- Book Value (₹)
- 56.05
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 20.85
- Operating Margin %
- 26.54%
- Net Margin %
- 20.24%
- ROE %
- 30.49%
- ROCE %
- 32.76%
- 25.92%
- Debtor Days
- 46
- Inventory Days
- 33
- Payable Days
- 136
- -56
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 80.26x
- 1.87x
- Revenue Growth %
- 5.06%
- Operating Profit Growth %
- 6.94%
- Net Profit Growth %
- 15.42%
- 14.33%
- P/E (x)
- 25.88x
- P/B (x)
- 7.65x
- Dividend Yield %
- 1.87%
- 18.65x
- EPS (₹)
- 18.48
- Book Value (₹)
- 61.74
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 22.47
- Operating Margin %
- 26.91%
- Net Margin %
- 21.07%
- ROE %
- 31.23%
- ROCE %
- 34.28%
- 27.44%
- Debtor Days
- 45
- Inventory Days
- 30
- Payable Days
- 136
- -60
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 96.73x
- 2.22x
- Revenue Growth %
- 6.46%
- Operating Profit Growth %
- 9.72%
- Net Profit Growth %
- 10.86%
- 11.46%
- P/E (x)
- 31.37x
- P/B (x)
- 9.39x
- Dividend Yield %
- 1.73%
- 22.95x
- EPS (₹)
- 17.76
- Book Value (₹)
- 66.99
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 21.82
- Operating Margin %
- 25.50%
- Net Margin %
- 20.51%
- ROE %
- 27.60%
- ROCE %
- 29.54%
- 24.93%
- Debtor Days
- 38
- Inventory Days
- 34
- Payable Days
- 146
- -74
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 77.02x
- 2.31x
- Revenue Growth %
- -0.78%
- Operating Profit Growth %
- -4.07%
- Net Profit Growth %
- -3.42%
- -3.87%
- P/E (x)
- 22.13x
- P/B (x)
- 5.87x
- Dividend Yield %
- 2.54%
- 16.09x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-10 - Emami Limited has informed the Exchange about Transcript
- Copy of Newspaper Publication
2026-08-05 - Emami Limited has informed the Exchange about Copy of Newspaper Publication dated 5th August, 2026
Annual Reports
Credit Ratings
- Credit Rating- Others
2025-12-19 - Emami Limited has informed the Exchange about Credit Rating- Others
- Credit Rating
2025-10-30 - Emami Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026

