Emami (531162) Q4 24/25 earnings summary

Executive summary

• Q4 FY25 consolidated revenue grew 8% year-over-year, with core domestic business up 11% and international business rebounding 6% despite geopolitical challenges.

• FY25 consolidated revenue increased 6.5% to INR 3,809 crore, with profit after tax up 11% to INR 806 crore.

• Strategic focus on male grooming, D2C, healthcare, and omnichannel distribution, with new leadership and product launches to drive future growth.

• Audited standalone and consolidated financial results for FY25 were approved, with auditors issuing an unmodified opinion.

• Special interim dividend of 200% declared, celebrating 50 years, and major acquisition of Helios Lifestyle Limited completed.

Financial highlights

• Q4 consolidated revenue was INR 963 crore (+8%), gross margin 65.9%, EBITDA INR 219 crore (+4%), PAT INR 162 crore (+9%).

• FY25 consolidated revenue reached INR 3,80,919 lacs, PAT INR 80,274 lacs, EBITDA INR 1,09,322 lacs, and gross margin improved by 100 bps to 68.6%.

• Dividend payout for FY25 was INR 10 per share, totaling INR 436.5 crore, representing 49–54% of PAT.

• Net cash position at INR 744 crore as of March 31, 2025; cash and cash equivalents at year-end were Rs. 10,463 lacs.

• Basic and diluted EPS (consolidated) for FY25 was Rs. 18.48, up from Rs. 16.55 year-over-year.

Outlook and guidance

• Optimism for robust growth in FY26, supported by rising market share, household penetration, and strategic brand actions.

• Focus on ramping up growth in subsidiaries, cost optimization, and omnichannel distribution.

• Price growth for FY26 expected in the 2-3% range.

• One manufacturing facility in Assam continues to benefit from income tax incentives until FY26.

• The company expects to utilize MAT credit in future years based on projected profits.