EMAMILTDFast Moving Consumer Goods
Emami Limited
Personal Care · ISIN INE548C01032 · BSE 531162 · NSE EQ · FV ₹1
Last price
₹381
-0.17%today
What this company does
Emami Limited operates in Personal Care, part of the Fast Moving Consumer Goods sector. It booked ₹1,039 cr of revenue in its latest quarter (Q1 FY27) and kept 13.2% of sales as profit. It is the 7th largest of 9 Personal Care companies we track, by market value.
In the report:
Equitytale Health Score
Mixed
Healthier than 62% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 25–149 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
Price momentum
neutral
- RSI (14)
- 55
At close. Not part of the score.
Profitability & returns82
How much profit it earns on the money it employs
Balance sheet81
How much it owes, and whether earnings cover the interest
Cash quality70
Whether reported profit actually arrives as cash
Growth & consistency54
Whether sales and profit have grown, and how steadily
Valuation8
What today's price implies, against our models or its peers
Governance & risk54
How much of the promoters' stake is pledged, and how much they hold
Is this company doing well?
not investment adviceA mixed pictureLooks overpriced vs. 3 models ↓
Strengths
✓ Makes a profit
✓ Sales up 15% vs last year
✓ Promoters hold 55%
✓ Strong 19% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Profit down 16% vs last year
! 15.1% of promoter stake pledged
What if I invest in EMAMILTD?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
Key ratios · latest quarter + price
₹381▼ -0.17%
latest close · 2026-11-04
1-year return
-28.8%
52-wk low ₹35752-wk high ₹579
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio30.3High
LowAverageHigh
P/B ratio5.69High
Below bookModerateHigh
EV / EBITDA17.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity18.8%Strong
WeakFairStrong ▸15%
Return on capital26.9%Strong
WeakFairStrong
Net margin13.2%Decent
ThinDecentStrong
EBITDA margin23.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.04Comfortable
LowModerateHigh ▸1
Interest cover36.0×Strong
RiskyOkayStrong ▸5×
Current ratio2.31Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹16,646 cr
Book value
₹67
EPS
₹3.15
latest quarter
Net debt
₹-54 cr
more cash than debt
Enterprise value
₹16,592 cr
EBITDA
₹979 cr
annualised
EBIT
₹808 cr
annualised
Operating margin
19.4%
Return on assets
14.3%
Earnings yield
3.30%
P/S
4.00
Sales / share
₹95.2
Tax rate
28.4%
Face value
₹1
Shares
43.7 cr
Working capital
₹1,097 cr
Current assets
₹1,935 cr
Current liabilities
₹838 cr
Delivery %
54.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
Worth vs price · from the FY 2024 report & filings
not investment adviceLooks overpricedMedium confidence
Median of 3 models ₹158 vs market price ₹381 — price is 141% above it
Safety cushion-141.3%(target ≥ +20%)
Models span ₹138–₹207, midpoint ₹158
Model ₹158
Price ₹381
Cheap sideExpensive side
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
P&L · Q1 FY27 (consolidated)
| Revenue from Operations | ₹1,039 cr |
| Other Income | ₹19 cr |
| Total Income | ₹1,058 cr |
| Cost of Materials | ₹215 cr |
| Purchases of Stock-in-Trade | ₹115 cr |
| Inventory Change (±) | ₹26 cr |
| Employee Benefit Expense | ₹136 cr |
| Finance Costs | ₹6 cr |
| Depreciation & Amortisation | ₹43 cr |
| Other Expenses | ₹322 cr |
| Total Expenses | ₹861 cr |
| Profit before Tax | ₹196 cr |
| Tax Expense | ₹56 cr |
| Share of JV / Associates | ₹-2 cr |
| Net Profit | ₹139 cr |
| Net margin on total income | 13.1% |
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹355 cr33.6%
Employee benefit expense₹136 cr12.9%
Finance costs₹6 cr0.5%
Depreciation & amortisation₹43 cr4.0%
Other expenses₹322 cr30.5%
Tax expense₹56 cr5.3%
Profit for the period₹139 cr13.2%
Total income ₹1,058 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 1,152 cr | 925 cr | 1,039 cr |
| Total income | 1,171 cr | 948 cr | 1,058 cr |
| Expenses | 816 cr | 784 cr | 861 cr |
| Profit before tax | 345 cr | 164 cr | 196 cr |
| Tax | 26 cr | 21 cr | 56 cr |
| Net profit (owners' share) | 319 cr | 143 cr | 137 cr |
| Net margin (owners' share, on revenue) | 27.7% | 15.5% | 13.2% |
| EPS (₹) | 7.32 | 3.28 | 3.15 |
YoY (latest quarter): total income +14.3% · net profit -16.4%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹3,836 cr
Shareholder equity
₹2,924 cr
parent shareholders
Total debt
₹122 cr
Cash
₹177 cr
Cash flow · H1 FY26
Operating
₹235 cr
Investing
₹-89 cr
Financing
₹-180 cr
Peer comparison
Personal Care · by market value
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Godrej Consumer Products Limited | ₹830 | ₹84,934 cr | 40.6 | 16.6% | 11.8% | — |
| Dabur India Limited | ₹382 | ₹67,705 cr | 28.7 | 20.7% | 15.7% | — |
| Cupid Limited | ₹339 | ₹45,517 cr | 256.4 | 39.2% | 28.5% | — |
| Colgate Palmolive (India) Limited | ₹1,632 | ₹44,382 cr | 32.5 | 84.5% | 20.0% | — |
| Gillette India Limited | ₹7,236 | ₹23,582 cr | 37.0 | 67.4% | 20.4% | — |
| Procter & Gamble Hygiene and Health Care Limited | ₹7,057 | ₹22,905 cr | 45.4 | 67.0% | 14.2% | — |
| Emami Limitedthis company | ₹382 | ₹16,674 cr | 30.3 | 18.8% | 13.2% | — |
| Honasa Consumer Limited | ₹457 | ₹14,929 cr | 41.3 | 25.6% | 11.9% | — |
| Bajaj Consumer Care Limited | ₹385 | ₹5,032 cr | 17.9 | 31.3% | 21.1% | — |
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.62%
trailing 12 months
Dividend / share (TTM)
₹10
Last dividend
₹6
ex 10 Feb 2026
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹6 / share | 10 Feb 2026 |
| Dividend | ₹4 / share | 14 Nov 2025 |
| Dividend | ₹2 / share | 22 May 2025 |
| Dividend | ₹4 / share | 4 Feb 2025 |
| Dividend | ₹4 / share | 18 Nov 2024 |
| Dividend | ₹4 / share | 16 Feb 2024 |
Who owns it · 2026-09-30
⚑ 15.1% pledgedPromoter
54.8%
FII / Foreign
9.0%
DII / Domestic
23.6%
Retail / others
12.6%
Smart-money activity
Insider trades
BoughtDIWAKAR FINVEST PRIVATE LIMITED · Promoter Group3.50 L · ₹19.3 cr9 Jan 24
SoldSURAJ FINVEST PRIVATE LIMITED · Promoter Group7.50 L · ₹41.4 cr9 Jan 24
BoughtDIWAKAR FINVEST PRIVATE LIMITED · Promoter Group4.45 L · ₹25.1 cr5 Jan 24
Bulk / block deals
short— · NSE228 Sep 26
short— · NSE49 Sep 26
short— · NSE24 Aug 26
Stake changes
BoughtAshish Goenka along with pac · promoter→ 54.84%26 Feb 26
SoldDiwakar Finvest Private Ltd along with pac · promoter→ 54.84%20 Jun 25
BoughtRadhe Shyam Goenka · promoter→ 0.18% · 15,00017 Sep 24
Promoter pledges
PledgedBajaj Finance Limited8.50 L · 6.32% held31 Aug 26
ReleasedStandard Chartered Capital Ltd5,000 · 6.14% held5 Aug 26
ReleasedBajaj Finance Limited9.00 L · 6.40% held8 Jul 26
What shareholders were asked to approve
1 proposal passed only on promoter votesA company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Yearly shareholder meeting · 25 Aug 2026
See the official result1
To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the financial year ended on March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
14.99 cr votes for, 2,197 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026 and Report of Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
14.99 cr votes for, 2,023 against · 0% of mutual funds and other big investors said no
3
To re-appoint Shri Harsha Vardhan Agarwal (DIN: 00150089), who retires by rotation and being eligible, offers himself for reappointment as a Director
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
14.88 cr votes for, 12.17 L against · 1% of mutual funds and other big investors said no
4
To re-appoint Shri Aditya Vardhan Agarwal (DIN: 00149717), who retires by rotation and being eligible, offers himself for reappointment as a Director
Promoters had a personal stake in this
Backed by 83% of shareholders other than promotersneeded 50%
12.46 cr votes for, 2.54 cr against · 18% of mutual funds and other big investors said no
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Who controls this company, and what it pays them
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The promoter group — 83 named members
owning 54.8% between them · as of 2026-09-30
SURAJ FINVEST24.20%
DIWAKAR FINVEST22.63%
PRITI A SUREKA3.78%
PAN EMAMI COSMED LIMITED0.71%
RAJ KUMAR GOENKA0.27%
EMAMI PAPER MILLS LTD0.21%
USHA AGARWAL0.20%
SACHIN GOENKA0.16%
Business done with them
FY2026 · 64 of the group
The company paid ₹282 cr to companies in the promoter group last year — about 7.5% of its ₹3,780 cr revenue and received ₹48 cr back from them.
SURAJ FINVEST PRIVATE LIMITED
Other payments to them · Dividend Pay & Reimbursement of Expenses
also owns 24.20% of the company
₹127 cr
company paid
DIWAKAR FINVEST PRIVATE LIMITED
Other payments to them · Rent expenses,Dividend Pay & Reimbursement of Expenses
also owns 22.63% of the company
₹118 cr
company paid
EMAMI PAPER MILLS LIMITED
Contribution received from them · Rental & Maintenance Income,Royalty Income,Dividend Income,Rent Expenses,Dividend Pay & Reimbursement of Expenses
also owns 0.21% of the company
₹45 cr
company received
Shri Mohan Goenka
Other payments to them · Short Term Employment Benefit, Commission, Post Employment Benefit and Dividend Paid
also owns 0.15% of the company
₹9 cr
company paid
Shri Prashant Goenka
Other payments to them · Short Term Employment Benefit, Commission, Post Employment Benefit and Dividend Paid
also owns 0.08% of the company
₹5 cr
company paid
PAN EMAMI COSMED LIMITED
Other payments to them · Rental Income,Rent Expenses,Royalty Income, Dividend Pay,Reimbursement of Expenses & Security Deposit
also owns 0.71% of the company
₹4 cr
company paid
Ms. Avishi Sureka
Other payments to them · Dividend Pay
₹2 cr
company paid
EMAMI FRANK ROSS LIMITED
Sold goods to them · Sale of Goods,Royalty Income,Sales Promotion Expenses & Dividend Pay
₹2 cr
company received
EMAMI PAPER MILLS LIMITED
Other income from them · Rental & Maintenance Income,Royalty Income,Dividend Income,Rent Expenses,Dividend Pay & Reimbursement of Expenses
also owns 0.21% of the company
₹1 cr
company received
Shri Amitabh Goenka
Other payments to them · Short term Employment Benefit & Dividend Pay
also owns 0.13% of the company
₹1 cr
company paid
EMAMI PAPER MILLS LIMITED
Leases As Lessor · Rental & Maintenance Income,Royalty Income,Dividend Income,Rent Expenses,Dividend Pay & Reimbursement of Expenses
also owns 0.21% of the company
₹1 cr
company received
NAYEE DEESHA COMMUNICATIONS PVT.LTD.
Other payments to them · Publicity Expenses
₹1 cr
company paid
EMAMI PAPER MILLS LIMITED
Other payments to them · Rental & Maintenance Income,Royalty Income,Dividend Income,Rent Expenses,Dividend Pay & Reimbursement of Expenses
also owns 0.21% of the company
₹1 cr
company paid
Shri Sachin Goenka
Other payments to them · Dividend Pay
also owns 0.16% of the company
₹86 L
company paid
Shri Vibhash Vardhan Agarwal
Other payments to them · Dividend Pay
₹68.8 L
company paid
Shri Darsh Goenka
Other payments to them · Dividend Pay
also owns 0.13% of the company
₹67.8 L
company paid
Shri Advay Goenka
Other payments to them · Dividend Pay
also owns 0.13% of the company
₹66.5 L
company paid
EMAMI FRANK ROSS LIMITED
Other payments to them · Sale of Goods,Royalty Income,Sales Promotion Expenses & Dividend Pay
₹64.7 L
company paid
Shri Dhiraj Agarwal
Other payments to them · Short Term Employment Benefit, Post Employment Benefit and Dividend Paid
₹54.1 L
company paid
Shri Devarsh Goenka
Other payments to them · Dividend Pay
also owns 0.09% of the company
₹48.9 L
company paid
Shri Reyansh Goenka
Other payments to them · Dividend Pay
also owns 0.09% of the company
₹48.9 L
company paid
Ms. Ritu Goenka
Other payments to them · Dividend Pay
also owns 0.10% of the company
₹48 L
company paid
Ms. Chikky Goenka
Other payments to them · Dividend Pay
also owns 0.03% of the company
₹44.6 L
company paid
Shri Ashish Goenka
Other payments to them · Dividend Pay
also owns 0.07% of the company
₹34.1 L
company paid
Ms. Rachna Bagaria
Other payments to them · Dividend Pay
also owns 0.06% of the company
₹32.4 L
company paid
Ms. Indu Goenka
Other payments to them · Dividend Pay
also owns 0.06% of the company
₹32.4 L
company paid
PAN EMAMI COSMED LIMITED
Leases As Lessor · Rental Income,Rent Expenses,Royalty Income, Dividend Pay,Reimbursement of Expenses & Security Deposit
also owns 0.71% of the company
₹30.9 L
company received
Ms. Nimisha Goenka
Other payments to them · Dividend Pay
₹29.3 L
company paid
Ms. Reha Goenka
Other payments to them · Dividend Pay
also owns 0.05% of the company
₹28.8 L
company paid
Shri Nikunj Goenka
Other payments to them · Dividend Pay
also owns 0.06% of the company
₹28 L
company paid
Ms. Shreya Goenka
Other payments to them · Dividend Pay
₹27.6 L
company paid
Shri Yogesh Goenka
Other payments to them · Dividend Pay
also owns 0.06% of the company
₹25.9 L
company paid
Smt. Saroj Goenka
Other payments to them · Dividend Pay
also owns 0.07% of the company
₹25.8 L
company paid
Aditya Vardhan Agarwal HUF
Other payments to them · Dividend Pay
also owns 0.05% of the company
₹24.5 L
company paid
Ms.Shruti Goenka
Other payments to them · Dividend Pay
₹23.5 L
company paid
Shri Aditya Vardhan Agarwal
Other payments to them · Director Sitting Fees & Dividend pay
also owns 0.05% of the company
₹23.3 L
company paid
Ms.Smriti Agarwal
Other payments to them · Dividend Pay
also owns 0.04% of the company
₹22.1 L
company paid
Sushil Kumar Goenka HUF
Other payments to them · Dividend Pay
also owns 0.04% of the company
₹20.9 L
company paid
Manish Goenka HUF
Other payments to them · Dividend Pay
also owns 0.04% of the company
₹20.9 L
company paid
Mohan Goenka HUF
Other payments to them · Dividend Pay
also owns 0.04% of the company
₹20.9 L
company paid
Smt.Usha Agarwal
Other payments to them · Dividend Pay
also owns 0.20% of the company
₹20.8 L
company paid
Shri Vihan Vardhan Agarwal
Other payments to them · Dividend Pay
₹20.6 L
company paid
Ms. Puja Goenka
Other payments to them · Dividend Pay
also owns 0.04% of the company
₹20.3 L
company paid
EMAMI PAPER MILLS LIMITED
Leases As Lessee · Rental & Maintenance Income,Royalty Income,Dividend Income,Rent Expenses,Dividend Pay & Reimbursement of Expenses
also owns 0.21% of the company
₹19.4 L
company received
Shri Jayant Goenka
Other payments to them · Dividend Pay
also owns 0.04% of the company
₹18.8 L
company paid
CRI LTD
Other income from them · Sales Promotion , Selling Expenses & Reimbursement of Expenses
₹18 L
company received
Ms. Mansi Agarwal
Other payments to them · Dividend Pay
also owns 0.03% of the company
₹18 L
company paid
Shri Manish Goenka
Other payments to them · Dividend Pay
also owns 0.06% of the company
₹17.1 L
company paid
Ms.Rashmi Goenka
Other payments to them · Dividend Pay
also owns 0.06% of the company
₹14.6 L
company paid
Shri Santosh Goenka
Other payments to them · Dividend Pay
also owns 0.07% of the company
₹13.9 L
company paid
DIWAKAR FINVEST PRIVATE LIMITED
Leases As Lessee · Rent expenses,Dividend Pay & Reimbursement of Expenses
also owns 22.63% of the company
₹13.4 L
company received
Smt.Laxmi Devi Bajoria
Other payments to them · Dividend Pay
also owns 0.02% of the company
₹12.7 L
company paid
EMAMI FRANK ROSS LIMITED
Other income from them · Sale of Goods,Royalty Income,Sales Promotion Expenses & Dividend Pay
₹12.4 L
company received
Ms. Richa Agarwal
Other payments to them · Dividend Pay
also owns 0.03% of the company
₹11.2 L
company paid
Shri Abhishek Agarwal
Other payments to them · Dividend Pay
also owns 0.02% of the company
₹10.1 L
company paid
PAN EMAMI COSMED LIMITED
Leases As Lessee · Rental Income,Rent Expenses,Royalty Income, Dividend Pay,Reimbursement of Expenses & Security Deposit
also owns 0.71% of the company
₹9.7 L
company received
Ms. Vidhishree Agarwal
Other payments to them · Dividend Pay
₹9.6 L
company paid
Ms. Vidula Agarwal
Other payments to them · Dividend Pay
₹9.6 L
company paid
Prashant Goenka HUF
Other payments to them · Dividend Pay
also owns 0.02% of the company
₹8.9 L
company paid
Jayant Goenka HUF
Other payments to them · Dividend Pay
also owns 0.02% of the company
₹8.9 L
company paid
Ashish Goenka HUF
Other payments to them · Dividend Pay
also owns 0.02% of the company
₹8.9 L
company paid
Amitabh Goenka HUF
Other payments to them · Dividend Pay
also owns 0.02% of the company
₹8.9 L
company paid
Ms. Jyoti Goenka
Other payments to them · Dividend Pay
also owns 0.03% of the company
₹5.9 L
company paid
AVIRO VYAPAAR PRIVATE LIMITED
Leases As Lessor · Rental Income
₹4.9 L
company received
Ms. Kusum Agarwal
Other payments to them · Dividend Pay
also owns 0.01% of the company
₹4.1 L
company paid
CRI LTD
Other payments to them · Sales Promotion , Selling Expenses & Reimbursement of Expenses
₹3.4 L
company paid
Ms. Divya Agarwal
Other payments to them · Dividend Pay
also owns 0.01% of the company
₹3.1 L
company paid
Ms. Sangita Agarwal
Other payments to them · Dividend Pay
₹3.1 L
company paid
Shri Shubham Agarwal
Other payments to them · Dividend Pay
₹2.9 L
company paid
PAN EMAMI COSMED LIMITED
Other income from them · Rental Income,Rent Expenses,Royalty Income, Dividend Pay,Reimbursement of Expenses & Security Deposit
also owns 0.71% of the company
₹2.1 L
company received
EMAMI ESTATES PRIVATE LIMITED
Other income from them · Royalty Income
₹1.2 L
company received
EMAMI GROUP OF COMPANIES PVT LTD
Other income from them · Royalty Income
₹1.2 L
company received
Shri Vishal Agarwal
Other payments to them · Dividend Pay
₹0.98 L
company paid
Shri Sumangal Agarwal
Other payments to them · Dividend Pay
₹0.98 L
company paid
Sri Rohin Raj Sureka
Other payments to them · Dividend Pay
₹0.6 L
company paid
The company also transacted with 45 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.