At the operating level, EBITDA fell 1% to ₹214 crore in the first quarter of this fiscal over ₹216 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 23.70% in the reporting quarter as compared to 23.80% in the corresponding period in the previous fiscal.
Also Read: Emami expects volume-led growth in FY26, eyes pickup in male grooming and haircareThe company’s core domestic business, excluding the talc and prickly heat powder (PHP) portfolio, recorded a 6% revenue growth. However, the talc/PHP category declined by 17% year-on-year due to unseasonal rains and the early onset of the monsoon, which adversely impacted peak summer sales. Despite this decline, the category posted a 13% growth on a two-year CAGR basis and maintained flat growth for the full summer season (January to June 2025).
Urban discretionary consumption remained under pressure during the quarter, while rural demand showed signs of recovery. The unusually soft and shortened summer, driven by weather irregularities, negatively affected consumption across Emami’s summer-centric products.
Nevertheless, the company managed to maintain stable revenues year-on-year, with a two-year CAGR of 5%. The strength of its diversified product offerings was evident, with strong performances from categories such as the Pain Management range and BoroPlus Antiseptic Creams.Also Read: Emami Q4 Results: Profit rises 9% YoY, revenue up 8%; declares ₹2 dividend
Emami’s international business posted modest growth despite persistent macroeconomic and geopolitical challenges in markets like Bangladesh, the Middle East, and Africa. The company continues to focus on long-term value creation in these regions through tailored portfolio strategies and localised innovations.
On the financial front, gross margins improved by 170 basis points to 69.4%. This margin expansion was driven by improved cost efficiency, supported by favourable input costs and prudent price hikes.
Looking ahead, Emami expects the macroeconomic environment to improve gradually, aided by a favourable monsoon, easing inflation, and a steady recovery in consumption.
Also Read: Emami Q3 Results: Net profit rises 7% to ₹279 crore, EBITDA margin improves to 32.3%
With strategic initiatives focused on innovation, distribution expansion, digital acceleration, and cost management, the company remains well-positioned to deliver sustainable and profitable growth in the upcoming quarters.
Shares of Emami Ltd ended at ₹595.40, up by ₹30.25 or 5.35% on the BSE.
