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Emami Q1 Results Total Revenue ₹906.07 Crores & Operating Income ₹172.08 Crores

Emami Q1 Results show Total Revenue of ₹906.07 Crores, up 8.39% from the previous quarter and 9.74% year-over-year and Operating Income increased to ₹172.08 crores, and Net Income was ₹152.64 crores, reflecting strong performance.   

by Ruksana

Updated Sep 17, 2024

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Emami Q1 Results Total Revenue ₹906.07 Crores & Operating Income ₹172.08 Crores

Emami Quarterly Growth Comparison 

Emami Q1 Results: In Emami's Q1 financial results for June 2024, the company showed a positive performance compared to the previous quarter (QoQ) and the same quarter last year (YoY). The total revenue increased by 8.39% from the previous quarter and 9.74% year-over-year (YoY), indicating strong growth. This suggests that the company is improving its sales significantly both in the short term and over the longer term.

Emami’s Selling, general, and administrative expenses rose by 33.02% QoQ and 16.37% YoY, which is a significant increase. This indicates higher costs in managing the business, but it's important to consider these costs in the context of overall growth. Depreciation and amortization decreased by 30.68% QoQ, showing a reduction in these expenses compared to the previous quarter, but it also dropped slightly by 3.41% YoY.

Emami’s operating income grew by 26.67% QoQ and 19.49% YoY, highlighting strong operational performance and improved profitability. Similarly, the net income increased by 5.69% QoQ and 10.83% YoY, reflecting overall financial health and effective cost management. The diluted normalized EPS also saw an increase of 6.70% QoQ and 11.82% YoY, which is a positive indicator for shareholders. Overall, Emami's Q1 results show a strong performance with notable improvements both quarter-on-quarter and year-over-year.

Here’s a summary of Emami's Q1 results in a simple format:

Metric

Jun 24

Mar 23

QoQ Change

Jun 23

YoY Change

Total Revenue

₹906.07 Cr

₹835.95 Cr

+8.39%

₹825.66 Cr

+9.74%

Selling/General/Admin Expenses

₹294.75 Cr

₹221.73 Cr

+33.02%

₹253.28 Cr

+16.37%

Depreciation/Amortization

₹44.43 Cr

₹63.97 Cr

-30.68%

₹46.00 Cr

-3.41%

Other Operating Expenses

₹101.84 Cr

₹106.24 Cr

-4.13%

₹96.78 Cr

+5.23%

Total Operating Expenses

₹733.99 Cr

₹700.11 Cr

+4.85%

₹681.65 Cr

+7.68%

Operating Income

₹172.08 Cr

₹135.84 Cr

+26.67%

₹144.01 Cr

+19.49%

Net Income Before Taxes

₹178.38 Cr

₹147.87 Cr

+20.75%

₹149.65 Cr

+19.20%

Net Income

₹152.64 Cr

₹144.43 Cr

+5.69%

₹137.72 Cr

+10.83%

Diluted Normalized EPS

₹3.50

₹3.28

+6.70%

₹3.13

+11.82%

Source: Here 

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Emami Q1 Results

Emami's Total Income was ₹91,653 lakhs for the three months ending June 30, 2024, which is slightly higher than ₹90,194 lakhs from the previous three-month period ending March 31, 2024. The income includes ₹90,607 lakhs from sales and ₹1,046 lakhs from other sources. The company’s expenses totaled ₹68,956 lakhs, which is almost the same as ₹68,026 lakhs from the last period. Major expenses include costs for materials, stock purchases, and employee benefits.

Emami's earnings before interest, taxes, depreciation, and amortization (EBITDA) were ₹22,697 lakhs, up from ₹22,168 lakhs previously. After accounting for interest costs and depreciation, the profit before tax was ₹17,838 lakhs. The total tax expense was ₹2,778 lakhs, leaving a profit after tax (PAT) of ₹15,060 lakhs.

For comprehensive income, which includes other gains and losses, Emami reported ₹14,955 lakhs, slightly higher than the previous ₹14,139 lakhs. This figure accounts for changes in the value of assets that aren’t part of the main business operations. Overall, Emami has shown solid financial performance with stable income and expenses, leading to healthy profits.

Here's the financial data combined into a single table format:

(₹ in Lacs)

Particulars

30.06.2024

31.03.2024 (Audited)

30.06.2023

31.03.2024

1. Income

       

Revenue from Operations

90,607

89,124

82,566

3,57,809

Other Income

1,046

1,070

828

4,680

Total Income

91,653

90,194

83,394

3,62,489

2. Expenses

       

Cost of Materials Consumed

13,994

18,726

16,395

76,884

Purchases of Stock-in-trade

11,388

12,824

9,852

40,723

(Increase)/Decrease in Inventories

3,915

(1,055)

2,312

(1,553)

Employee Benefits Expense

11,106

9,049

10,141

39,564

Advertisement and Sales Promotion

18,369

18,019

15,187

65,220

Other Expenses

10,184

10,463

9,678

42,018

Total Expenses

68,956

68,026

63,565

2,62,856

3. Profitability

       

Earnings Before Interest, Depreciation & Amortisation (EBITDA)

22,697

22,168

19,829

99,633

Finance Costs

206

288

214

998

Profit after Finance Costs

22,491

21,880

19,615

98,635

Depreciation & Amortisation Expense

4,443

4,800

4,600

18,590

Profit Before Tax (PBT)

17,838

16,923

14,965

79,083

Tax Expense

2,778

2,248

1,290

6,669

Profit After Tax (PAT)

15,060

14,675

13,675

72,414

4. Comprehensive Income

       

Total Comprehensive Income

14,955

14,139

14,138

72,261

Profit Attributable to Equityholders

15,264

14,890

13,772

72,353

Profit Attributable to Non-controlling Interest

(204)

(215)

(97)

61

Earnings per Share (Basic & Diluted)

3.50

3.41

3.13

16.55

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Emami Stock Metrics 

The table provides financial details about Emami, a company. The Market Cap of ₹32,563 Crores means the total value of all its shares. The Current Price of the stock is ₹746. The High / Low shows the highest price was ₹860 and the lowest was ₹417 over a period. Stock P/E of 44.1 indicates how much investors are willing to pay for each unit of profit. Book Value of ₹56.0 is the net worth per share. 

Here's the information in table format:

Metric

Value

Market Cap

₹32,563 Cr.

Current Price

₹746

High / Low

₹860 / ₹417

Stock P/E

44.1

Book Value

₹56.0

Dividend Yield

1.07%

ROCE

31.7%

ROE

30.0%

Face Value

₹1.00

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Quarterly Results 

Here’s the summary for the quarters of December 2023, March 2024, and June 2024:

Particulars

Dec 2023

Mar 2024

Jun 2024

Sales (Rs. Crores)

996

891

906

Expenses (Rs. Crores)

682

682

692

Operating Profit (Rs. Crores)

314

209

214

OPM %

32%

24%

24%

Other Income (Rs. Crores)

11

11

10

Interest (Rs. Crores)

3

3

2

Depreciation (Rs. Crores)

46

48

44

Profit Before Tax (Rs. Crores)

276

169

178

Tax %

6%

13%

16%

Net Profit (Rs. Crores)

261

147

151

EPS (Rs.)

5.92

3.41

3.50

About Emami 

Emami Group is a large Indian company based in Kolkata, West Bengal. It was founded in 1974 by two friends, Radhe Shyam Agarwal and Radhe Shyam Goenka. They started the company by making cosmetics under the name Kemco Chemicals. Over the years, Emami grew and expanded into various areas, including personal care, healthcare, and real estate. The company is known for its popular products like the antiseptic cream BoroPlus. Emami sells its products in over 60 countries and has its items in about 4.5 million stores across India.

Emami Group has seven manufacturing units in India and one unit abroad. In the financial year 2019-20, Emami's skin care products alone made ₹2,655 crores in revenue, with a profit of ₹639 crores. The total revenue for the whole group is ₹34,000 crores, which is around $4.1 billion. During the COVID-19 pandemic, Emami saw a boost in its online sales and introduced new products like hand sanitizers to meet the rising demand. The company's success is due to its ability to adapt and innovate in changing markets.


Emami Q1 Results - FAQs

1. What was Emami's total revenue for Q1 2024?  

Emami's total revenue for Q1 2024 was ₹906.07 Cr.

2. How did Emami's operating income change in Q1 2024?

Emami's operating income increased by 26.67% in Q1 2024.

3. What was the percentage increase in Emami's net income in Q1 2024?

Emami's net income increased by 5.69% in Q1 2024.

4. How much did Emami's selling, general, and administrative expenses rise in Q1 2024?

Emami's selling, general, and administrative expenses rose by 33.02% in Q1 2024.

5. What was the change in Emami's depreciation and amortization in Q1 2024?

Emami's depreciation and amortization decreased by 30.68% in Q1 2024.

6. What was Emami's total comprehensive income in Q1 2024?

Emami's total comprehensive income was ₹14,955 lakhs in Q1 2024.

7. How did Emami's cost of materials consumed change in Q1 2024?

Emami's cost of materials consumed was ₹13,994 lakhs in Q1 2024.

8. What was the trend in Emami's EBITDA for Q1 2024?

Emami's EBITDA increased to ₹22,697 lakhs in Q1 2024.

9. How did Emami's finance costs change in Q1 2024?  

Emami's finance costs decreased to ₹206 lakhs in Q1 2024.

10. What was Emami's profit before tax (PBT) in Q1 2024?  

Emami's profit before tax was ₹17,838 lakhs in Q1 2024.

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