Emami Ltd.
•₹ 402.6-1.18%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 32.4%
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.2%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.00x)
- Company has been maintaining a healthy dividend payout of 51.9%
CONS
- Effective tax rate is unusually low at 6.6% - earnings may be flattered
- Company has delivered a poor sales growth of 3.4% over past five years
- Recurring exceptional / one-off items are inflating headline profit
- Stock is trading at 5.4x 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 | 2036.65 | 31.99 | 478529.50 | 2.01 | 2680.00 | -3.18 | 17341.00 | 6.24 | 28.98 | 22.76 |
| 2. | GODREJCP | 943.25 | 50.44 | 96523.24 | 2.12 | 504.52 | 11.51 | 4225.47 | 16.02 | 17.96 | 18.96 |
| 3. | DABUR | 400.45 | 36.02 | 71038.11 | 2.06 | 586.16 | 15.32 | 3764.39 | 10.57 | 21.37 | 19.68 |
| 4. | COLPAL | 1901.00 | 119.11 | 51704.47 | 2.52 | 3430.80 | 970.05 | 16033.00 | 1018.01 | 110.06 | 30.12 |
| 5. | CUPID | 282.50 | 276.52 | 37986.66 | 0.00 | 441.49 | 2841.89 | 1569.80 | 2524.64 | 17.04 | 39.70 |
| 6. | PGHH | 8248.35 | 0.00 | 26774.75 | 3.09 | 126.27 | -34.25 | 891.46 | -4.67 | 157.81 | 19.08 |
| 7. | GILLETTE | 7507.15 | 0.00 | 24462.21 | 3.20 | 159.45 | 9.44 | 783.02 | 10.80 | 90.62 | 29.09 |
| 8. | EMAMILTD | 408.15 | 23.81 | 17815.75 | 2.45 | 138.94 | -15.41 | 1039.21 | 14.95 | 29.54 | 21.61 |
| 9. | GALAXYSURF | 2321.35 | 23.26 | 8230.29 | 0.95 | 165.92 | 108.73 | 1781.90 | 39.44 | 13.39 | 13.99 |
| 10. | JYOTHYLAB | 208.60 | 20.68 | 7660.09 | 1.68 | 76.27 | -2.41 | 666.96 | 1.06 | 30.71 | 15.49 |
| 11. | SAFARI | 1489.00 | 44.20 | 7295.70 | 0.27 | 47.75 | -5.43 | 588.58 | 11.51 | 21.55 | 12.81 |
| 12. | SFL | 666.80 | 33.95 | 7281.68 | 0.15 | 62.34 | 770.67 | 1031.94 | 25.63 | 6.76 | 10.85 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 698 | 701 | 813 | 709 | 755 | 709 | 879 | 781 | 756 | 604 | 958 | 730 | 780 | |
| 524 | 494 | 530 | 521 | 564 | 483 | 550 | 590 | 556 | 437 | 572 | 533 | 600 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 8 | 10 | 25 | 26 | 47 | 34 | 10 | 66 | 21 | 54 | 19 | 25 | 53 |
| Interest | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 41 | 41 | 41 | 43 | 39 | 40 | 40 | 39 | 39 | 40 | 40 | 36 | 34 |
| 139 | 176 | 261 | 171 | 199 | 221 | 298 | 217 | 182 | 181 | 354 | 185 | 234 | |
| Tax % | 7.47% | 6.81% | 4.52% | 11.18% | 11.40% | 2.92% | 6.19% | 12.66% | 10.16% | -0.82% | 6.78% | 9.88% | 21.99% |
| Net Profit | 129 | 164 | 249 | 152 | 176 | 214 | 279 | 190 | 163 | 182 | 330 | 166 | 182 |
| 3 | 4 | 6 | 3 | 4 | 5 | 6 | 4 | 4 | 4 | 8 | 4 | 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% |
Jun 2023
- 698
- 524
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 0
- Depreciation
- 41
- 139
- Tax %
- 7.47%
- Net Profit
- 129
- 3
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 701
- 494
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 0
- Depreciation
- 41
- 176
- Tax %
- 6.81%
- Net Profit
- 164
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 813
- 530
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 0
- Depreciation
- 41
- 261
- Tax %
- 4.52%
- Net Profit
- 249
- 6
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 709
- 521
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 1
- Depreciation
- 43
- 171
- Tax %
- 11.18%
- Net Profit
- 152
- 3
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 755
- 564
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 0
- Depreciation
- 39
- 199
- Tax %
- 11.40%
- Net Profit
- 176
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 709
- 483
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 1
- Depreciation
- 40
- 221
- Tax %
- 2.92%
- Net Profit
- 214
- 5
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 879
- 550
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 0
- Depreciation
- 40
- 298
- Tax %
- 6.19%
- Net Profit
- 279
- 6
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 781
- 590
- Operating Profit
- —
- OPM %
- —
- Other Income
- 66
- Interest
- 1
- Depreciation
- 39
- 217
- Tax %
- 12.66%
- Net Profit
- 190
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 756
- 556
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 0
- Depreciation
- 39
- 182
- Tax %
- 10.16%
- Net Profit
- 163
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 604
- 437
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 0
- Depreciation
- 40
- 181
- Tax %
- -0.82%
- Net Profit
- 182
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 958
- 572
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 0
- Depreciation
- 40
- 354
- Tax %
- 6.78%
- Net Profit
- 330
- 8
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 730
- 533
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 0
- Depreciation
- 36
- 185
- Tax %
- 9.88%
- Net Profit
- 166
- 4
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 780
- 600
- Operating Profit
- —
- OPM %
- —
- Other Income
- 53
- Interest
- 1
- Depreciation
- 34
- 234
- Tax %
- 21.99%
- Net Profit
- 182
- 0
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 44
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,302 | 2,354 | 2,489 | 2,390 | 2,582 | 2,867 | 2,907 | 2,922 | 3,124 | 3,048 | 3,072 | |
| 1,621 | 1,731 | 1,782 | 1,798 | 1,739 | 1,970 | 2,129 | 2,070 | 2,186 | 2,098 | 2,142 | |
| Operating Profit | 784 | 728 | 744 | 686 | 947 | 1,020 | 825 | 921 | 1,095 | 1,069 | — |
| OPM % | 34 | 31 | 30 | 29 | 37 | 36 | 28 | 32 | 35 | 35 | — |
| Other Income | 103 | 105 | 37 | 94 | 104 | 123 | 48 | 69 | 157 | 119 | 151 |
| Interest | 58 | 33 | 19 | 19 | 12 | 3 | 4 | 2 | 2 | 2 | 2 |
| Depreciation | 305 | 305 | 318 | 326 | 361 | 328 | 215 | 167 | 158 | 156 | 150 |
| 422 | 389 | 396 | 338 | 574 | 689 | 606 | 747 | 934 | 901 | 953 | |
| Tax % | 18 | 20 | 23 | 14 | 17 | -23 | 5 | 7 | 8 | 7 | 10 |
| Net Profit | 346 | 310 | 305 | 289 | 475 | 851 | 573 | 693 | 859 | 842 | 861 |
| EPS | 15 | 7 | 7 | 6 | 11 | 19 | 13 | 16 | 20 | 19 | — |
| Dividend Payout % | 46 | 51 | 59 | 63 | 75 | 41 | 62 | 50 | 51 | 52 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 8 | 7 | 7 | 6 | 11 | 19 | 13 | 16 | 20 | 19 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 8 | 7 | 7 | 6 | 11 | 19 | 13 | 16 | 20 | 19 | — |
Mar 2017
- 2,302
- 1,621
- Operating Profit
- 784
- OPM %
- 34
- Other Income
- 103
- Interest
- 58
- Depreciation
- 305
- 422
- Tax %
- 18
- Net Profit
- 346
- EPS
- 15
- Dividend Payout %
- 46
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2018
- 2,354
- 1,731
- Operating Profit
- 728
- OPM %
- 31
- Other Income
- 105
- Interest
- 33
- Depreciation
- 305
- 389
- Tax %
- 20
- Net Profit
- 310
- EPS
- 7
- Dividend Payout %
- 51
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2019
- 2,489
- 1,782
- Operating Profit
- 744
- OPM %
- 30
- Other Income
- 37
- Interest
- 19
- Depreciation
- 318
- 396
- Tax %
- 23
- Net Profit
- 305
- EPS
- 7
- Dividend Payout %
- 59
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2020
- 2,390
- 1,798
- Operating Profit
- 686
- OPM %
- 29
- Other Income
- 94
- Interest
- 19
- Depreciation
- 326
- 338
- Tax %
- 14
- Net Profit
- 289
- EPS
- 6
- Dividend Payout %
- 63
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2021
- 2,582
- 1,739
- Operating Profit
- 947
- OPM %
- 37
- Other Income
- 104
- Interest
- 12
- Depreciation
- 361
- 574
- Tax %
- 17
- Net Profit
- 475
- EPS
- 11
- Dividend Payout %
- 75
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2022
- 2,867
- 1,970
- Operating Profit
- 1,020
- OPM %
- 36
- Other Income
- 123
- Interest
- 3
- Depreciation
- 328
- 689
- Tax %
- -23
- Net Profit
- 851
- EPS
- 19
- Dividend Payout %
- 41
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2023
- 2,907
- 2,129
- Operating Profit
- 825
- OPM %
- 28
- Other Income
- 48
- Interest
- 4
- Depreciation
- 215
- 606
- Tax %
- 5
- Net Profit
- 573
- EPS
- 13
- Dividend Payout %
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2024
- 2,922
- 2,070
- Operating Profit
- 921
- OPM %
- 32
- Other Income
- 69
- Interest
- 2
- Depreciation
- 167
- 747
- Tax %
- 7
- Net Profit
- 693
- EPS
- 16
- Dividend Payout %
- 50
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2025
- 3,124
- 2,186
- Operating Profit
- 1,095
- OPM %
- 35
- Other Income
- 157
- Interest
- 2
- Depreciation
- 158
- 934
- Tax %
- 8
- Net Profit
- 859
- EPS
- 20
- Dividend Payout %
- 51
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2026
- 3,048
- 2,098
- Operating Profit
- 1,069
- OPM %
- 35
- Other Income
- 119
- Interest
- 2
- Depreciation
- 156
- 901
- Tax %
- 7
- Net Profit
- 842
- EPS
- 19
- Dividend Payout %
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
TTM
- 3,072
- 2,142
- Operating Profit
- —
- OPM %
- —
- Other Income
- 151
- Interest
- 2
- Depreciation
- 150
- 953
- Tax %
- 10
- Net Profit
- 861
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 4%
- 5 Years:
- 3%
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 10%
- 5 Years:
- 12%
- 3 Years:
- 14%
STOCK PRICE CAGR
- 10 Years:
- -3%
- 5 Years:
- -7%
- 3 Years:
- -9%
- 1 Year:
- -35%
RETURN ON EQUITY
- 10 Years:
- 26%
- 5 Years:
- 32%
- 3 Years:
- 30%
- Last Year:
- 28%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 1,690 | 1,949 | 2,019 | 1,757 | 1,715 | 2,042 | 2,220 | 2,339 | 2,824 | 3,112 | |
| 135 | 279 | 54 | 158 | 47 | 213 | 11 | 7 | 0 | 75 | |
| Trade Payables | 149 | 184 | 225 | 239 | 279 | 296 | 243 | 240 | 276 | 293 |
| 445 | 163 | 239 | 235 | 219 | -52 | -128 | -219 | -280 | -420 | |
| Total Liabilities | 2,441 | 2,598 | 2,583 | 2,435 | 2,304 | 2,542 | 2,390 | 2,411 | 2,864 | 3,103 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,907 | 1,716 | 1,598 | 1,377 | 1,056 | 1,226 | 1,045 | 918 | 799 | 708 | |
| Capital Work in Progress | 11 | 22 | 35 | 7 | 6 | 1 | 1 | 5 | 11 | 1 |
| 128 | 315 | 187 | 161 | 264 | 361 | 392 | 560 | 995 | 1,196 | |
| 169 | 184 | 214 | 226 | 269 | 329 | 292 | 268 | 259 | 334 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 283 | 285 | 190 | |
| Cash & Bank | 9 | 22 | 111 | 57 | 308 | 56 | 96 | 91 | 182 | 317 |
| 216 | 339 | 439 | 606 | 401 | 570 | 564 | 287 | 333 | 358 | |
| Total Assets | 2,441 | 2,598 | 2,583 | 2,435 | 2,304 | 2,542 | 2,390 | 2,411 | 2,864 | 3,103 |
| Total Debt | 435 | 279 | 54 | 158 | 47 | 213 | 11 | 7 | 0 | 75 |
| Net Working Capital | -339 | -15 | 199 | 204 | 414 | 154 | 542 | 592 | 922 | 1,059 |
| Contingent Liabilities | 74 | 76 | 69 | 46 | 52 | 45 | 56 | 80 | 114 | 227 |
| Book Value per Share | 75.45 | 86.85 | 45.48 | 39.76 | 39.58 | 47.28 | 51.31 | 54.59 | 65.69 | 72.29 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 435 | 279 | 54 | 158 | 47 | 213 | 11 | 7 | 0 | 75 |
| Net Working Capital | -339 | -15 | 199 | 204 | 414 | 154 | 542 | 592 | 922 | 1,059 |
| Contingent Liabilities | 74 | 76 | 69 | 46 | 52 | 45 | 56 | 80 | 114 | 227 |
| Book Value per Share | 75.45 | 86.85 | 45.48 | 39.76 | 39.58 | 47.28 | 51.31 | 54.59 | 65.69 | 72.29 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 23
- 1,690
- 135
- Trade Payables
- 149
- 445
- Total Liabilities
- 2,441
- 1,907
- Capital Work in Progress
- 11
- 128
- 169
- 0
- Cash & Bank
- 9
- 216
- Total Assets
- 2,441
- Total Debt
- 435
- Net Working Capital
- -339
- Contingent Liabilities
- 74
- Book Value per Share
- 75.45
- Face Value
- 1.00
- Total Debt
- 435
- Net Working Capital
- -339
- Contingent Liabilities
- 74
- Book Value per Share
- 75.45
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 23
- 1,949
- 279
- Trade Payables
- 184
- 163
- Total Liabilities
- 2,598
- 1,716
- Capital Work in Progress
- 22
- 315
- 184
- 0
- Cash & Bank
- 22
- 339
- Total Assets
- 2,598
- Total Debt
- 279
- Net Working Capital
- -15
- Contingent Liabilities
- 76
- Book Value per Share
- 86.85
- Face Value
- 1.00
- Total Debt
- 279
- Net Working Capital
- -15
- Contingent Liabilities
- 76
- Book Value per Share
- 86.85
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 45
- 2,019
- 54
- Trade Payables
- 225
- 239
- Total Liabilities
- 2,583
- 1,598
- Capital Work in Progress
- 35
- 187
- 214
- 0
- Cash & Bank
- 111
- 439
- Total Assets
- 2,583
- Total Debt
- 54
- Net Working Capital
- 199
- Contingent Liabilities
- 69
- Book Value per Share
- 45.48
- Face Value
- 1.00
- Total Debt
- 54
- Net Working Capital
- 199
- Contingent Liabilities
- 69
- Book Value per Share
- 45.48
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 45
- 1,757
- 158
- Trade Payables
- 239
- 235
- Total Liabilities
- 2,435
- 1,377
- Capital Work in Progress
- 7
- 161
- 226
- 0
- Cash & Bank
- 57
- 606
- Total Assets
- 2,435
- Total Debt
- 158
- Net Working Capital
- 204
- Contingent Liabilities
- 46
- Book Value per Share
- 39.76
- Face Value
- 1.00
- Total Debt
- 158
- Net Working Capital
- 204
- Contingent Liabilities
- 46
- Book Value per Share
- 39.76
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 44
- 1,715
- 47
- Trade Payables
- 279
- 219
- Total Liabilities
- 2,304
- 1,056
- Capital Work in Progress
- 6
- 264
- 269
- 0
- Cash & Bank
- 308
- 401
- Total Assets
- 2,304
- Total Debt
- 47
- Net Working Capital
- 414
- Contingent Liabilities
- 52
- Book Value per Share
- 39.58
- Face Value
- 1.00
- Total Debt
- 47
- Net Working Capital
- 414
- Contingent Liabilities
- 52
- Book Value per Share
- 39.58
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 44
- 2,042
- 213
- Trade Payables
- 296
- -52
- Total Liabilities
- 2,542
- 1,226
- Capital Work in Progress
- 1
- 361
- 329
- 0
- Cash & Bank
- 56
- 570
- Total Assets
- 2,542
- Total Debt
- 213
- Net Working Capital
- 154
- Contingent Liabilities
- 45
- Book Value per Share
- 47.28
- Face Value
- 1.00
- Total Debt
- 213
- Net Working Capital
- 154
- Contingent Liabilities
- 45
- Book Value per Share
- 47.28
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 44
- 2,220
- 11
- Trade Payables
- 243
- -128
- Total Liabilities
- 2,390
- 1,045
- Capital Work in Progress
- 1
- 392
- 292
- 0
- Cash & Bank
- 96
- 564
- Total Assets
- 2,390
- Total Debt
- 11
- Net Working Capital
- 542
- Contingent Liabilities
- 56
- Book Value per Share
- 51.31
- Face Value
- 1.00
- Total Debt
- 11
- Net Working Capital
- 542
- Contingent Liabilities
- 56
- Book Value per Share
- 51.31
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 44
- 2,339
- 7
- Trade Payables
- 240
- -219
- Total Liabilities
- 2,411
- 918
- Capital Work in Progress
- 5
- 560
- 268
- 283
- Cash & Bank
- 91
- 287
- Total Assets
- 2,411
- Total Debt
- 7
- Net Working Capital
- 592
- Contingent Liabilities
- 80
- Book Value per Share
- 54.59
- Face Value
- 1.00
- Total Debt
- 7
- Net Working Capital
- 592
- Contingent Liabilities
- 80
- Book Value per Share
- 54.59
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 44
- 2,824
- 0
- Trade Payables
- 276
- -280
- Total Liabilities
- 2,864
- 799
- Capital Work in Progress
- 11
- 995
- 259
- 285
- Cash & Bank
- 182
- 333
- Total Assets
- 2,864
- Total Debt
- 0
- Net Working Capital
- 922
- Contingent Liabilities
- 114
- Book Value per Share
- 65.69
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 922
- Contingent Liabilities
- 114
- Book Value per Share
- 65.69
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 44
- 3,112
- 75
- Trade Payables
- 293
- -420
- Total Liabilities
- 3,103
- 708
- Capital Work in Progress
- 1
- 1,196
- 334
- 190
- Cash & Bank
- 317
- 358
- Total Assets
- 3,103
- Total Debt
- 75
- Net Working Capital
- 1,059
- Contingent Liabilities
- 227
- Book Value per Share
- 72.29
- Face Value
- 1.00
- Total Debt
- 75
- Net Working Capital
- 1,059
- Contingent Liabilities
- 227
- Book Value per Share
- 72.29
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 715 | 577 | 513 | 546 | 878 | 596 | 731 | 740 | 864 | 794 | |
| Cash from Investing | -261 | -237 | 20 | -251 | -200 | -188 | -106 | -192 | -465 | -257 |
| Cash from Financing | -519 | -331 | -434 | -399 | -679 | -398 | -612 | -546 | -368 | -462 |
| -64 | 9 | 99 | -105 | -0 | 10 | 13 | 1 | 31 | 75 | |
| Free Cash Flow | 617 | 455 | 306 | 472 | 845 | 116 | 709 | 713 | 831 | 760 |
| OCF / Net Profit | 2.06 | 1.87 | 1.68 | 1.89 | 1.85 | 0.70 | 1.27 | 1.07 | 1.01 | 0.94 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,695 | 2,194 | 2,448 | 2,854 | 3,213 | 3,129 |
| OCF / Net Profit | 2.06 | 1.87 | 1.68 | 1.89 | 1.85 | 0.70 | 1.27 | 1.07 | 1.01 | 0.94 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,695 | 2,194 | 2,448 | 2,854 | 3,213 | 3,129 |
Mar 2017
- 715
- Cash from Investing
- -261
- Cash from Financing
- -519
- -64
- Free Cash Flow
- 617
- OCF / Net Profit
- 2.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.06
- Cumulative 5-Year FCF
- 0
Mar 2018
- 577
- Cash from Investing
- -237
- Cash from Financing
- -331
- 9
- Free Cash Flow
- 455
- OCF / Net Profit
- 1.87
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.87
- Cumulative 5-Year FCF
- 0
Mar 2019
- 513
- Cash from Investing
- 20
- Cash from Financing
- -434
- 99
- Free Cash Flow
- 306
- OCF / Net Profit
- 1.68
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.68
- Cumulative 5-Year FCF
- 0
Mar 2020
- 546
- Cash from Investing
- -251
- Cash from Financing
- -399
- -105
- Free Cash Flow
- 472
- OCF / Net Profit
- 1.89
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.89
- Cumulative 5-Year FCF
- 0
Mar 2021
- 878
- Cash from Investing
- -200
- Cash from Financing
- -679
- -0
- Free Cash Flow
- 845
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 2,695
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 2,695
Mar 2022
- 596
- Cash from Investing
- -188
- Cash from Financing
- -398
- 10
- Free Cash Flow
- 116
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 2,194
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 2,194
Mar 2023
- 731
- Cash from Investing
- -106
- Cash from Financing
- -612
- 13
- Free Cash Flow
- 709
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 2,448
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 2,448
Mar 2024
- 740
- Cash from Investing
- -192
- Cash from Financing
- -546
- 1
- Free Cash Flow
- 713
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 2,854
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 2,854
Mar 2025
- 864
- Cash from Investing
- -465
- Cash from Financing
- -368
- 31
- Free Cash Flow
- 831
- OCF / Net Profit
- 1.01
- Cumulative 5-Year FCF
- 3,213
- OCF / Net Profit
- 1.01
- Cumulative 5-Year FCF
- 3,213
Mar 2026
- 794
- Cash from Investing
- -257
- Cash from Financing
- -462
- 75
- Free Cash Flow
- 760
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 3,129
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 3,129
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 15.26 | 13.64 | 6.72 | 6.38 | 10.69 | 19.28 | 13.00 | 15.89 | 19.68 | 19.28 |
| Book Value (₹) | 75.45 | 86.85 | 45.48 | 39.76 | 39.58 | 47.28 | 51.31 | 54.59 | 65.69 | 72.29 |
| 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 (₹) | 14.34 | 13.54 | 13.73 | 13.58 | 18.81 | 26.71 | 17.88 | 19.70 | 23.31 | 22.85 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 33.49% | 30.78% | 29.88% | 28.71% | 36.69% | 35.58% | 28.40% | 29.16% | 30.01% | 31.16% |
| Net Margin % | 14.79% | 13.09% | 12.27% | 12.10% | 18.40% | 29.67% | 19.73% | 23.73% | 27.51% | 27.61% |
| ROE % | 21.17% | 16.80% | 15.13% | 14.96% | 26.68% | 44.25% | 26.37% | 29.84% | 32.73% | 27.95% |
| ROCE % | 21.96% | 19.21% | 19.03% | 17.49% | 31.13% | 33.75% | 26.68% | 32.10% | 35.62% | 29.61% |
| 13.93% | 12.29% | 11.78% | 11.52% | 20.05% | 35.11% | 23.26% | 28.89% | 32.58% | 28.21% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 7 | 8 | 16 | 25 | 20 | 19 | 28 | 34 | 33 | 28 |
| Inventory Days | 24 | 27 | 29 | 34 | 35 | 38 | 39 | 35 | 31 | 35 |
| Payable Days | 81 | 78 | 85 | 105 | 112 | 107 | 94 | 92 | 96 | 115 |
| -50 | -43 | -41 | -47 | -57 | -51 | -26 | -23 | -32 | -51 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.25x | 0.14x | 0.03x | 0.09x | 0.03x | 0.10x | 0.00x | 0.00x | 0.00x | 0.02x |
| Interest Coverage (x) | 8.32x | 12.73x | 21.56x | 18.88x | 48.80x | 200.62x | 163.76x | 352.54x | 442.88x | 459.56x |
| 0.49x | 0.97x | 1.44x | 1.35x | 1.83x | 1.22x | 2.24x | 2.39x | 2.92x | 3.01x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 7.06% | 2.27% | 5.72% | -3.97% | 8.05% | 11.02% | 1.39% | 0.51% | 6.91% | -2.41% |
| Operating Profit Growth % | 13.11% | -7.20% | 2.19% | -7.73% | 38.08% | 7.68% | -19.08% | 11.61% | 18.83% | -2.39% |
| Net Profit Growth % | 4.28% | -10.64% | -1.38% | -5.28% | 64.34% | 79.04% | -32.58% | 20.90% | 23.91% | -2.05% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 22.19% | 23.91% | -2.05% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 27.00x | 29.45x | 20.39x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.86x | 8.82x | 5.44x |
| 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 | 20.23x | 22.95x | 15.83x |
Mar 2017
- EPS (₹)
- 15.26
- Book Value (₹)
- 75.45
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 14.34
- Operating Margin %
- 33.49%
- Net Margin %
- 14.79%
- ROE %
- 21.17%
- ROCE %
- 21.96%
- 13.93%
- Debtor Days
- 7
- Inventory Days
- 24
- Payable Days
- 81
- -50
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 8.32x
- 0.49x
- Revenue Growth %
- 7.06%
- Operating Profit Growth %
- 13.11%
- Net Profit Growth %
- 4.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 13.64
- Book Value (₹)
- 86.85
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 13.54
- Operating Margin %
- 30.78%
- Net Margin %
- 13.09%
- ROE %
- 16.80%
- ROCE %
- 19.21%
- 12.29%
- Debtor Days
- 8
- Inventory Days
- 27
- Payable Days
- 78
- -43
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 12.73x
- 0.97x
- Revenue Growth %
- 2.27%
- Operating Profit Growth %
- -7.20%
- Net Profit Growth %
- -10.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 6.72
- Book Value (₹)
- 45.48
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 13.73
- Operating Margin %
- 29.88%
- Net Margin %
- 12.27%
- ROE %
- 15.13%
- ROCE %
- 19.03%
- 11.78%
- Debtor Days
- 16
- Inventory Days
- 29
- Payable Days
- 85
- -41
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 21.56x
- 1.44x
- Revenue Growth %
- 5.72%
- Operating Profit Growth %
- 2.19%
- Net Profit Growth %
- -1.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.38
- Book Value (₹)
- 39.76
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 13.58
- Operating Margin %
- 28.71%
- Net Margin %
- 12.10%
- ROE %
- 14.96%
- ROCE %
- 17.49%
- 11.52%
- Debtor Days
- 25
- Inventory Days
- 34
- Payable Days
- 105
- -47
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 18.88x
- 1.35x
- Revenue Growth %
- -3.97%
- Operating Profit Growth %
- -7.73%
- Net Profit Growth %
- -5.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 10.69
- Book Value (₹)
- 39.58
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 18.81
- Operating Margin %
- 36.69%
- Net Margin %
- 18.40%
- ROE %
- 26.68%
- ROCE %
- 31.13%
- 20.05%
- Debtor Days
- 20
- Inventory Days
- 35
- Payable Days
- 112
- -57
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 48.80x
- 1.83x
- Revenue Growth %
- 8.05%
- Operating Profit Growth %
- 38.08%
- Net Profit Growth %
- 64.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 19.28
- Book Value (₹)
- 47.28
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 26.71
- Operating Margin %
- 35.58%
- Net Margin %
- 29.67%
- ROE %
- 44.25%
- ROCE %
- 33.75%
- 35.11%
- Debtor Days
- 19
- Inventory Days
- 38
- Payable Days
- 107
- -51
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 200.62x
- 1.22x
- Revenue Growth %
- 11.02%
- Operating Profit Growth %
- 7.68%
- Net Profit Growth %
- 79.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 13.00
- Book Value (₹)
- 51.31
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 17.88
- Operating Margin %
- 28.40%
- Net Margin %
- 19.73%
- ROE %
- 26.37%
- ROCE %
- 26.68%
- 23.26%
- Debtor Days
- 28
- Inventory Days
- 39
- Payable Days
- 94
- -26
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 163.76x
- 2.24x
- Revenue Growth %
- 1.39%
- Operating Profit Growth %
- -19.08%
- Net Profit Growth %
- -32.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 15.89
- Book Value (₹)
- 54.59
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 19.70
- Operating Margin %
- 29.16%
- Net Margin %
- 23.73%
- ROE %
- 29.84%
- ROCE %
- 32.10%
- 28.89%
- Debtor Days
- 34
- Inventory Days
- 35
- Payable Days
- 92
- -23
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 352.54x
- 2.39x
- Revenue Growth %
- 0.51%
- Operating Profit Growth %
- 11.61%
- Net Profit Growth %
- 20.90%
- 22.19%
- P/E (x)
- 27.00x
- P/B (x)
- 7.86x
- Dividend Yield %
- 1.87%
- 20.23x
Mar 2025
- EPS (₹)
- 19.68
- Book Value (₹)
- 65.69
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 23.31
- Operating Margin %
- 30.01%
- Net Margin %
- 27.51%
- ROE %
- 32.73%
- ROCE %
- 35.62%
- 32.58%
- Debtor Days
- 33
- Inventory Days
- 31
- Payable Days
- 96
- -32
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 442.88x
- 2.92x
- Revenue Growth %
- 6.91%
- Operating Profit Growth %
- 18.83%
- Net Profit Growth %
- 23.91%
- 23.91%
- P/E (x)
- 29.45x
- P/B (x)
- 8.82x
- Dividend Yield %
- 1.73%
- 22.95x
Mar 2026
- EPS (₹)
- 19.28
- Book Value (₹)
- 72.29
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 22.85
- Operating Margin %
- 31.16%
- Net Margin %
- 27.61%
- ROE %
- 27.95%
- ROCE %
- 29.61%
- 28.21%
- Debtor Days
- 28
- Inventory Days
- 35
- Payable Days
- 115
- -51
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 459.56x
- 3.01x
- Revenue Growth %
- -2.41%
- Operating Profit Growth %
- -2.39%
- Net Profit Growth %
- -2.05%
- -2.05%
- P/E (x)
- 20.39x
- P/B (x)
- 5.44x
- Dividend Yield %
- 2.54%
- 15.83x
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