# Emami (EMAMILTD) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/emamiltd

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹387.5
- Change: -0.14%
- As of: 2026-11-06
- 1D return: -0.14%
- 5D return: +7.71%
- 1M return: +5.51%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

EMAMILTD closed at ₹387.50 on 2026-11-06, trading within a narrow range between ₹380.10 and ₹392.90. The technical setup is characterized by a conflict between short-term price positioning and longer-term trend structure. On the daily chart, the stock remains above its 20-day and 50-day moving averages but is firmly below the 200-day SMA and Supertrend, which are bearish. Momentum indicators show weakness: the Daily ADX is low at 13.44, indicating a lack of strong directional conviction, while the Plus DI (20.98) exceeds the Minus DI (12.9), suggesting mild bullish pressure despite the broader downtrend.

Weekly and monthly horizons reinforce the bearish bias, with prices below all major moving averages and Supertrends on both timeframes. The monthly ADX stands at 25.25, indicating an established downward trend. Recent activity includes an extreme volume-backed upward move on 2026-11-05 (+1.8%) followed by a moderate weekly downward gap on 2026-11-06 (-0.1%). An active 'Inside Bar' pattern on the daily chart signals consolidation. The stock is near the upper end of its 20-day range (+84.4%) but near the lower end of its 252-day range (+15.7%), with a significant current drawdown of -40.1% from available highs.

- Trend Conflict: Daily price sits above 20/50-day MAs but below the 200-day SMA and Supertrend; Weekly/Monthly trends remain bearish with prices below all key averages.
- Momentum & Volatility: Daily ADX is weak (13.44); Annualized volatility is high at +28.4%; Current drawdown is -40.1% against a maximum historical drawdown of -44.4%.
- Key Levels: Immediate support at ₹385.43–₹385.50 (pivot/low); Resistance clusters at ₹395.70 (+2.12%), ₹403.35 (+4.09%), and ₹406.29 (+4.85%).
- Monitoring Condition: A break above ₹395.70 could signal a short-term reversal attempt, while a close below ₹385.40 would invalidate the daily MA support and likely test ₹377.85.

- Inside Bar
- Doji
- Outside Bar
- Harami

### News Context

Emami Ltd reported consolidated revenue of ₹1,088 crore for Q2 FY27, marking a 36% year-on-year increase driven by strong domestic volume growth and positive trends in its winter portfolio. Despite this top-line expansion, net profit declined by 2–3%, attributed to the normalization of the effective tax rate following the phase-out of fiscal incentives and higher input costs linked to geopolitical tensions in West Asia. To offset rising costs, the company has implemented price hikes while maintaining a focus on cost-efficiency.

Strategically, Emami is leveraging established brand trust to expand into new categories such as protein nutrition and health-focused snacks. The company is also pursuing acquisitions of premium digital-first consumer brands, noting that strategic investments like SkinKraft and Vedix now account for over a quarter of its India sales. Following these results, the board declared an interim dividend of ₹5 per share (a 500% payout ratio) with a record date of November 13, 2026. Shares rose 3% post-results, though external analysis notes that margins require improvement to keep pace with the accelerated growth.

- Q2 FY27 Revenue: Consolidated revenue rose 36% YoY to ₹1,088 crore, supported by domestic volume growth and winter portfolio demand.
- Profitability Pressure: Net profit fell 2–3% due to tax rate normalization after fiscal incentive phase-out and elevated input costs from West Asia conflicts; price hikes are being used to mitigate margin compression.
- Dividend Action: Board declared an interim dividend of ₹5 per share (500% payout), with a record date set for November 13, 2026.
- Strategic Expansion: Pursuing acquisitions of digital-first brands, which already contribute 25% of India sales via investments like SkinKraft and Vedix, while expanding into protein nutrition and specialized hair care.

- [Trusted names, new game: India's FMCG giants reload old guns for changing tastes](https://economictimes.indiatimes.com/industry/cons-products/fmcg/indias-fmcg-cos-like-hul-itc-emami-marico-embrace-consumer-trust-to-innovate-new-products-like-protein-powder-parachute-advansed/articleshow/135597619.cms)
- [Emami Q2FY27: Growth engines are revving up, but margins need to catch up](https://www.moneycontrol.com/news/business/moneycontrol-research/emami-q2fy27-growth-engines-are-revving-up-but-margins-need-to-catch-up-14072129.html)
- [Emami bets on winter demand as inflation keeps a lid on growth](https://economictimes.indiatimes.com/industry/cons-products/fmcg/emami-bets-on-winter-demand-as-inflation-keeps-a-lid-on-growth/articleshow/135585467.cms)
- [Emami weighs more acquisitions as digital-first brands zoom | Company Business News](https://www.livemint.com/companies/emami-weighs-more-acquisitions-as-digital-first-brands-zoom-11793877744647.html)
- [Emami shares rise 3% after Q2 results; board declares Rs 5 interim dividend](https://www.businesstoday.in/markets/stocks/story/emami-shares-rise-3-after-q2-results-board-declares-rs-5-interim-dividend-565944-2026-11-05)

### What Changed

Emami Limited reported Q2 FY27 results on November 5, 2026, showing a 36% year-on-year increase in consolidated revenue to ₹1,088 crore, driven by strong domestic volume growth and its winter portfolio. However, profit after tax declined by 2-3%, attributed to the normalization of the effective tax rate following the phase-out of fiscal incentives and higher input costs linked to geopolitical tensions. The board declared an interim dividend of ₹5 per share (a 500% payout) with a record date of November 13, 2026. Concurrently, the company appointed Debendra Banthiya as Company Secretary and Compliance Officer effective November 5, 2026, and designated specific Key Managerial Personnel for disclosure authorizations. Strategically, Emami is leveraging brand trust to expand into protein nutrition and specialized hair care, while pursuing acquisitions of digital-first brands like SkinKraft and Vedix, which now contribute over 25% of India sales.

- Q2 FY27 Revenue: Consolidated revenue rose 36% YoY to ₹1,088 crore; Profit After Tax fell 2-3% due to tax rate normalization and input cost inflation.
- Dividend Action: Board declared an interim dividend of ₹5 per share (500% payout); Record Date is November 13, 2026.
- Leadership Change: Debendra Banthiya appointed as Company Secretary and Compliance Officer effective November 5, 2026.
- Strategic Shift: Digital-first brands (SkinKraft, Vedix) account for 25% of India sales; company pursuing further acquisitions in this segment.

- [Trusted names, new game: India's FMCG giants reload old guns for changing tastes](https://economictimes.indiatimes.com/industry/cons-products/fmcg/indias-fmcg-cos-like-hul-itc-emami-marico-embrace-consumer-trust-to-innovate-new-products-like-protein-powder-parachute-advansed/articleshow/135597619.cms)
- [Emami Q2FY27: Growth engines are revving up, but margins need to catch up](https://www.moneycontrol.com/news/business/moneycontrol-research/emami-q2fy27-growth-engines-are-revving-up-but-margins-need-to-catch-up-14072129.html)
- [Emami bets on winter demand as inflation keeps a lid on growth](https://economictimes.indiatimes.com/industry/cons-products/fmcg/emami-bets-on-winter-demand-as-inflation-keeps-a-lid-on-growth/articleshow/135585467.cms)
- [Emami weighs more acquisitions as digital-first brands zoom | Company Business News](https://www.livemint.com/companies/emami-weighs-more-acquisitions-as-digital-first-brands-zoom-11793877744647.html)
- [Emami shares rise 3% after Q2 results; board declares Rs 5 interim dividend](https://www.businesstoday.in/markets/stocks/story/emami-shares-rise-3-after-q2-results-board-declares-rs-5-interim-dividend-565944-2026-11-05)
- [Emami Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/EMAMILTD2_06112026145438_NP_Advertisement_Financials_Q2_FY_27.pdf)
- [EMAMI LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2417_WebXMLFile_20261105_175348761.xml)
- [Emami Limited has informed the Exchange about Intimation For Authorization Of KMP |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026182041_Intimation_Authorisation_to_KMP.pdf)

### Official Filings

Emami Limited’s Board approved unaudited financial results for Q2 and H1 FY27 (ended September 30, 2026) on November 5, 2026. Consolidated revenue grew 36% to ₹1,088 crore in Q2, driven by a 49% surge in Domestic Business volume. EBITDA increased 25% to ₹222 crore, while Profit After Tax (PAT) declined 3% to ₹144 crore due to tax rate normalization. The company declared a first interim dividend of ₹5 per equity share (500% on face value), with a record date of November 13, 2026, and payment by December 4, 2026. Additionally, the Board completed a share buyback worth ₹281.24 crore involving 73 lakh shares. Consolidated results include impacts from recent acquisitions: Axiom Ayurveda Pvt. Ltd. (subsidiary since April 1, 2026) and IncNut Digital Pvt. Ltd. (subsidiary since June 1, 2026). The statutory auditor issued a qualified conclusion regarding one unreviewed subsidiary component.

- Q2FY27 consolidated revenue reached ₹1,088 crore (+36%), with Domestic Business surging 49%; EBITDA rose 25% to ₹222 crore, but PAT fell 3% to ₹144 crore due to tax normalization.
- Board approved a first interim dividend of ₹5 per share (500% payout); record date is November 13, 2026, payable by December 4, 2026.
- Consolidated results incorporate Axiom Ayurveda (since April 1, 2026) and IncNut Digital (since June 1, 2026); auditor noted a qualified conclusion on one unreviewed subsidiary component.
- Company completed a share buyback of 73 lakh shares for ₹281.24 crore; Shri Debendra Banthiya appointed as Company Secretary & Compliance Officer effective November 5, 2026.

- [Emami Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/EMAMILTD2_06112026145438_NP_Advertisement_Financials_Q2_FY_27.pdf)
- [Emami Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135037_BM_Outcome_Q2_FY_27_signed.pdf)
- [Emami Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Emami delivers robust Q2FY27 performance with 36% revenue growth; Domestic Business surges 49%". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135615_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- [Emami Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135709_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- [Emami Limited has informed the Exchange that Record date for the purpose of Dividend is 13-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135816_BM_Outcome_Q2_FY_27_signed.pdf)
- [Emami Limited has informed the Exchange that Board of Directors at its meeting held on November 05, 2026, declared Interim Dividend of Rs. 5 per equity share. |SUBJECT: Dividend](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026140009_BM_Outcome_Q2_FY_27_signed.pdf)
- [Emami Limited has informed the Exchange about Appointment of Company Secretary & Compliance Officer |SUBJECT: Change in Company Secretary/Compliance Officer](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026141144_BM_Outcome_Q2_FY_27_signed.pdf)
- [EMAMI LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 05-Nov-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_2417_WebXMLFile_20261105_142820426.xml)
- [EMAMI LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2417_WebXMLFile_20261105_175348761.xml)
- [Emami Limited has informed the Exchange about Intimation For Authorization Of KMP |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026182041_Intimation_Authorisation_to_KMP.pdf)

### Fundamentals

Emami (EMAMILTD) reported a sharp sequential recovery in Q2 FY2026-27, with revenue from operations nearly doubling to ₹2,127 crore and net profit rising 104% to ₹284 crore compared to Q1. This follows a period of contraction, evidenced by a -10% year-on-year sales decline in Sep 2025 and a TTM compounded profit growth of -7%. Despite the recent quarterly rebound, the stock has underperformed over longer horizons, with a 3-year price CAGR of -9% and a 10-year CAGR of -4%, contrasting with strong historical profitability metrics like a 5-year ROE of 31%.

Financial health shows mixed signals. While operating cash flow conversion remains robust at 101% of operating profit in Mar 2026, borrowings have surged significantly, with total borrowings jumping from ₹90 crore in Mar 2025 to ₹162 crore in Mar 2026. Current liabilities also increased sharply to ₹1,050 crore as of Sep 2026, while current assets decreased slightly to ₹1,825 crore. Cash on hand fell to ₹47.4 crore, though bank balances excluding cash rose to ₹206 crore. Promoter holding remained stable at 54.84%, but FII participation declined to 9.02%.

- Q2 FY2026-27 Revenue jumped to ₹2,127 crore (+105% seq.) and Net Profit reached ₹284 crore (+104% seq.), reversing recent contraction trends.
- Total Borrowings doubled from ₹90 crore (Mar 2025) to ₹162 crore (Mar 2026), with Current Liabilities rising to ₹1,050 crore as of Sep 2026.
- TTM Compounded Profit Growth is negative (-7%), and Stock Price CAGR remains weak at -9% over 3 years despite high historical ROE (31%).
- Cash Conversion Cycle improved to 8 days in Mar 2026, but Cash & Equivalents dropped to ₹47.4 crore as of Sep 2026.

### Bull Case

Emami’s Q2 FY27 results highlight a bifurcation between top-line momentum and bottom-line pressure, offering a conditional upside case centered on strategic portfolio expansion. Consolidated revenue surged 36% year-on-year to ₹1,088 crore, driven by strong domestic volume growth and positive winter portfolio trends. A key constructive signal is the rapid scaling of digital-first brands; strategic investments in SkinKraft and Vedix now account for over a quarter of India sales, positioning the company to capitalize on shifting consumer preferences alongside rivals like Marico and Hindustan Unilever. The board’s declaration of an interim dividend of ₹5 per share (a 500% payout ratio) further underscores management confidence in cash generation despite headwinds. However, this growth narrative is currently tempered by margin compression: net profit fell 2–3% due to higher input costs from West Asia conflicts and the normalization of tax rates following the phase-out of fiscal incentives. The constructive case holds only if the company can successfully offset inflationary pressures through price hikes while maintaining cost-efficiency, allowing margins to catch up with the accelerating revenue engines.

- Revenue grew 36% YoY to ₹1,088 crore in Q2 FY27, supported by domestic volume strength and winter portfolio demand.
- Digital-first brands (SkinKraft, Vedix) contribute 25% of India sales, aligning Emami with peers expanding into online-first categories.
- Board declared an interim dividend of ₹5/share (500% payout), signaling strong liquidity despite profit declines.
- Profit after tax contracted 2–3% due to input cost inflation and tax rate normalization, requiring margin recovery to sustain the growth thesis.

- [Trusted names, new game: India's FMCG giants reload old guns for changing tastes](https://economictimes.indiatimes.com/industry/cons-products/fmcg/indias-fmcg-cos-like-hul-itc-emami-marico-embrace-consumer-trust-to-innovate-new-products-like-protein-powder-parachute-advansed/articleshow/135597619.cms)
- [Emami Q2FY27: Growth engines are revving up, but margins need to catch up](https://www.moneycontrol.com/news/business/moneycontrol-research/emami-q2fy27-growth-engines-are-revving-up-but-margins-need-to-catch-up-14072129.html)
- [Emami bets on winter demand as inflation keeps a lid on growth](https://economictimes.indiatimes.com/industry/cons-products/fmcg/emami-bets-on-winter-demand-as-inflation-keeps-a-lid-on-growth/articleshow/135585467.cms)
- [Emami weighs more acquisitions as digital-first brands zoom | Company Business News](https://www.livemint.com/companies/emami-weighs-more-acquisitions-as-digital-first-brands-zoom-11793877744647.html)
- [Emami shares rise 3% after Q2 results; board declares Rs 5 interim dividend](https://www.businesstoday.in/markets/stocks/story/emami-shares-rise-3-after-q2-results-board-declares-rs-5-interim-dividend-565944-2026-11-05)
- [Emami Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/EMAMILTD2_06112026145438_NP_Advertisement_Financials_Q2_FY_27.pdf)
- [Emami Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135037_BM_Outcome_Q2_FY_27_signed.pdf)
- [Emami Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Emami delivers robust Q2FY27 performance with 36% revenue growth; Domestic Business surges 49%". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135615_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- [Emami Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135709_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- [Emami Limited has informed the Exchange that Record date for the purpose of Dividend is 13-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135816_BM_Outcome_Q2_FY_27_signed.pdf)

### Bear Case

Emami Ltd faces a challenging investment setup characterized by significant margin pressure and prolonged technical weakness. While consolidated revenue surged 36% year-on-year to ₹1,088 crore in Q2 FY27, profit after tax declined by 2-3%. This divergence stems from the normalization of the effective tax rate following the phase-out of fiscal incentives and rising input costs linked to geopolitical tensions in West Asia. Persistent inflationary pressures have forced price hikes that have not yet fully offset cost escalations, indicating that top-line growth is currently outpacing profitability.

Market sentiment reflects these fundamental headwinds alongside broader macroeconomic constraints. The stock has underperformed significantly over the past year, with returns down 25.9% and a year-to-date decline of 26.2%. Technical indicators reinforce this caution: the daily, weekly, and monthly Supertrend directions are all bearish. The stock is trading near its pivot support at ₹385.50, with immediate resistance overhead at ₹395.70 (2.12% above). Furthermore, the company is currently in a deep drawdown phase, with a current drawdown of -40.1% against a maximum drawdown of -44.4%, suggesting limited short-term momentum despite the interim dividend declaration.

- Margin contraction: Profit after tax fell 2-3% in Q2 FY27 despite 36% revenue growth, driven by tax rate normalization and higher input costs from West Asian conflicts.
- Technical breakdown: Daily, weekly, and monthly Supertrend signals are bearish; the stock is down 25.9% over one year and currently in a -40.1% drawdown.
- Support/Resistance dynamics: Price is testing pivot support at ₹385.50, with immediate resistance at ₹395.70, limiting upside potential in the near term.
- Inflationary headwinds: Management cites persistent inflation and geopolitical tensions as ongoing constraints on growth, necessitating price hikes that have not yet stabilized margins.

- [Trusted names, new game: India's FMCG giants reload old guns for changing tastes](https://economictimes.indiatimes.com/industry/cons-products/fmcg/indias-fmcg-cos-like-hul-itc-emami-marico-embrace-consumer-trust-to-innovate-new-products-like-protein-powder-parachute-advansed/articleshow/135597619.cms)
- [Emami Q2FY27: Growth engines are revving up, but margins need to catch up](https://www.moneycontrol.com/news/business/moneycontrol-research/emami-q2fy27-growth-engines-are-revving-up-but-margins-need-to-catch-up-14072129.html)
- [Emami bets on winter demand as inflation keeps a lid on growth](https://economictimes.indiatimes.com/industry/cons-products/fmcg/emami-bets-on-winter-demand-as-inflation-keeps-a-lid-on-growth/articleshow/135585467.cms)
- [Emami weighs more acquisitions as digital-first brands zoom | Company Business News](https://www.livemint.com/companies/emami-weighs-more-acquisitions-as-digital-first-brands-zoom-11793877744647.html)
- [Emami shares rise 3% after Q2 results; board declares Rs 5 interim dividend](https://www.businesstoday.in/markets/stocks/story/emami-shares-rise-3-after-q2-results-board-declares-rs-5-interim-dividend-565944-2026-11-05)
- [Emami Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/EMAMILTD2_06112026145438_NP_Advertisement_Financials_Q2_FY_27.pdf)
- [Emami Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135037_BM_Outcome_Q2_FY_27_signed.pdf)
- [Emami Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Emami delivers robust Q2FY27 performance with 36% revenue growth; Domestic Business surges 49%". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135615_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- [Emami Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135709_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- [Emami Limited has informed the Exchange that Record date for the purpose of Dividend is 13-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135816_BM_Outcome_Q2_FY_27_signed.pdf)

### FAQs

**How did Emami perform financially in Q2 FY27, and what drove the results?**

For the quarter ended September 30, 2026, Emami reported consolidated revenue of ₹1,088 crore, a 36% year-on-year increase driven by a 49% surge in Domestic Business volume. However, Profit After Tax (PAT) declined by 3% to ₹144 crore. This profit contraction was attributed to the normalization of the effective tax rate following the phase-out of fiscal incentives and higher input costs linked to geopolitical tensions.

**What corporate actions has Emami taken regarding capital allocation and governance?**

The Board declared a first interim dividend of ₹5 per share (500% on face value), with a record date of November 13, 2026, and payment by December 4, 2026. Additionally, the company completed a share buyback worth ₹281.24 crore involving 73 lakh shares. Governance-wise, Shri Debendra Banthiya was appointed as Company Secretary & Compliance Officer effective November 5, 2026.

**How are recent acquisitions impacting Emami's financial reporting?**

Consolidated results now include Axiom Ayurveda Pvt. Ltd. (subsidiary since April 1, 2026) and IncNut Digital Pvt. Ltd. (subsidiary since June 1, 2026). These acquisitions contribute to growth, with digital-first brands accounting for over a quarter of India sales in the September quarter. However, the statutory auditor issued a qualified conclusion regarding one unreviewed subsidiary component, affecting comparability with previous periods.

**What is the current technical market position of Emami shares?**

As of November 6, 2026, the stock closed at ₹387.50. Technical indicators show a bearish trend across daily, weekly, and monthly timeframes, with the Supertrend direction signaling bearishness. The stock is currently trading near support levels around ₹385.43–₹385.50, with resistance observed at ₹395.70. Year-to-date returns stand at -26.2%, with a current drawdown of -40.1%.

- [Trusted names, new game: India's FMCG giants reload old guns for changing tastes](https://economictimes.indiatimes.com/industry/cons-products/fmcg/indias-fmcg-cos-like-hul-itc-emami-marico-embrace-consumer-trust-to-innovate-new-products-like-protein-powder-parachute-advansed/articleshow/135597619.cms)
- [Emami Q2FY27: Growth engines are revving up, but margins need to catch up](https://www.moneycontrol.com/news/business/moneycontrol-research/emami-q2fy27-growth-engines-are-revving-up-but-margins-need-to-catch-up-14072129.html)
- [Emami bets on winter demand as inflation keeps a lid on growth](https://economictimes.indiatimes.com/industry/cons-products/fmcg/emami-bets-on-winter-demand-as-inflation-keeps-a-lid-on-growth/articleshow/135585467.cms)
- [Emami weighs more acquisitions as digital-first brands zoom | Company Business News](https://www.livemint.com/companies/emami-weighs-more-acquisitions-as-digital-first-brands-zoom-11793877744647.html)
- [Emami shares rise 3% after Q2 results; board declares Rs 5 interim dividend](https://www.businesstoday.in/markets/stocks/story/emami-shares-rise-3-after-q2-results-board-declares-rs-5-interim-dividend-565944-2026-11-05)
- [Emami Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/EMAMILTD2_06112026145438_NP_Advertisement_Financials_Q2_FY_27.pdf)
- [Emami Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135037_BM_Outcome_Q2_FY_27_signed.pdf)
- [Emami Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Emami delivers robust Q2FY27 performance with 36% revenue growth; Domestic Business surges 49%". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135615_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- [Emami Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135709_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- [Emami Limited has informed the Exchange that Record date for the purpose of Dividend is 13-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135816_BM_Outcome_Q2_FY_27_signed.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹385.5
- Risk regime: Higher Price Risk

### Support levels
- 385.43125
- 376.4
- 359.29375

### Resistance levels
- 406.2875
- 428.75
- 561.8

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.14% |
| return_10 | +3.85% |
| return_1m | +0.91% |
| return_1y | -25.91% |
| return_20 | +5.51% |
| return_3m | -5.26% |
| return_5 | +7.71% |
| return_6m | -14.31% |
| return_since_start | -36.32% |
| return_ytd | -26.18% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -44.38% |
| annualized_volatility | +28.44% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Emami Limited Q2 FY27: Revenue ₹2,127 crore, PBT ₹390 crore

Emami reported Q2 FY27 revenue from operations of ₹2,126.9 crore and profit before tax of ₹390.2 crore, both higher than in Q1 FY27 and Q2 FY26. Operating cash flow was ₹266.8 crore, while investing and financing activities used cash; cash and cash equivalents closed September at ₹47.4 crore.

## Revenue and profit

Revenue from operations rose from ₹1,039.2 crore in Q1 FY27 and ₹798.5 crore in Q2 FY26. Profit before tax was ₹390.2 crore, versus ₹196.3 crore and ₹152 crore in those quarters, respectively. Profit for the period was ₹284.4 crore, of which ₹281.5 crore was attributable to owners of the parent and ₹2.9 crore to non-controlling interests. Basic and diluted EPS were ₹6.45.

Q2 tax expense was ₹103.9 crore. Total expenses were ₹1,778.1 crore and other income was ₹41.5 crore. Finance costs increased to ₹11.7 crore from ₹5.6 crore in Q1 FY27; depreciation and amortisation expense was ₹88.1 crore.

## Cost base

Cost of materials consumed was ₹519 crore and purchases of stock in trade were ₹245.7 crore. Employee benefit expense was ₹275.9 crore, while the change in inventories of finished goods, work in progress and stock in trade was a credit of ₹37.8 crore. These items represent substantial components of the quarter’s reported expense base.

## Cash flow and liquidity

Operating activities generated ₹266.8 crore of cash and free cash flow was ₹186.9 crore. Investing activities used ₹79.8 crore net, including ₹359.2 crore for obtaining control of subsidiaries or other businesses. Investing cash flows also included ₹1,722 crore of receipts from sales of equity or debt instruments of other entities and ₹1,396.9 crore of payments to acquire such instruments.

Financing activities used ₹317.9 crore, including ₹207.3 crore of payments to acquire or redeem shares and ₹76.2 crore of borrowing repayments. Cash and cash equivalents were ₹47.4 crore at 30 September 2026, compared with ₹176.8 crore at 31 March 2026 and ₹73.0 crore at 30 September 2025. Other bank balances were ₹205.6 crore. Current investments stood at ₹184.9 crore, down from ₹471.9 crore at 31 March 2026.

## Balance sheet and working capital

At 30 September 2026, goodwill was ₹262.6 crore, other intangible assets ₹664.6 crore and property, plant and equipment ₹654.9 crore. At 31 March 2026, the respective balances were ₹68.2 crore, ₹206.8 crore and ₹529.2 crore. Noncurrent investments increased to ₹313.2 crore from ₹275.9 crore over the same period.

Inventories rose to ₹532.6 crore from ₹399.6 crore at 31 March, trade receivables to ₹425.7 crore from ₹343.3 crore, and trade payables to ₹543.8 crore from ₹477.1 crore. Current liabilities increased to ₹1,049.6 crore from ₹838.2 crore. Borrowings at September-end comprised ₹101.6 crore of current borrowings and ₹73.3 crore of noncurrent borrowings, compared with ₹122.4 crore of current borrowings and no noncurrent borrowings at March-end.

## Key Takeaway

Emami’s Q2 revenue and profit were higher than in both Q1 FY27 and Q2 FY26. Operating cash generation and free cash flow were positive, but net cash use in investing and financing activities coincided with a lower closing cash balance; current investments were also below their March-end level.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +54.84%
- FII holding: +9.02%
- DII holding: +23.57%
- Mutual fund holding: +22.18%
- Retail holding: +5.52%
- Promoter pledged: +0.00%

### Major reported shareholders

- SURAJ FINVEST — +24.20% (Bodies Corporate)
- DIWAKAR FINVEST — +22.63% (Bodies Corporate)
- NIPPON LIFE INDIA TRUSTEE LTD.- A/C NIPPON INDIA NIFTY 500 QUALITY 50 INDEX FUND — +6.74%
- DSP AGGRESSIVE HYBRID FUND — +4.58%
- PRITI A SUREKA — +3.78%
- BANDHAN ELSS - TAX SAVER FUND — +2.08%
- AVEES TRADING AND FINANCE PVT LTD — +2.00%
- SBI LARGE & MIDCAP FUND — +1.76%
- UTI AGGRESSIVE HYBRID FUND — +1.56%
- HDFC LARGE AND MID CAP FUND — +1.55%

## Official filings

- 2026-11-06 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_06112026145438_NP_Advertisement_Financials_Q2_FY_27.pdf)
- 2026-11-05 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135037_BM_Outcome_Q2_FY_27_signed.pdf)
- 2026-11-05 — Press Release: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135615_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- 2026-11-05 — Earnings Presentation: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135709_Press_Release_and_Investor_Presentation_Q2_signed.pdf)
- 2026-11-05 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026135816_BM_Outcome_Q2_FY_27_signed.pdf)
- 2026-11-05 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026140009_BM_Outcome_Q2_FY_27_signed.pdf)
- 2026-11-05 — Management Change: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026141144_BM_Outcome_Q2_FY_27_signed.pdf)
- 2026-11-05 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_2417_WebXMLFile_20261105_142820426.xml)
- 2026-11-05 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2417_WebXMLFile_20261105_175348761.xml)
- 2026-11-05 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026182041_Intimation_Authorisation_to_KMP.pdf)
- 2026-11-05 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_05112026182228_Investor_Concall_link_Q2_FY_27.pdf)
- 2026-11-05 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2417_WebXMLFile_20261105_182951850.xml)
- 2026-10-28 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_28102026112855_Intimation_Revision_of_Investor_Meet_Time_Q2.pdf)
- 2026-10-28 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2417_WebXMLFile_20261028_123514549.xml)
- 2026-10-26 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_26102026115729_Intimation_Investors_Meet_Q2.pdf)
- 2026-10-26 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2417_WebXMLFile_20261026_121905595.xml)
- 2026-10-24 — Board Meeting Notice: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_24102026124519_Prior_Intimation_BM_051126.pdf)
- 2026-10-24 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2417_WebXMLFile_20261024_130600933.xml)
- 2026-10-24 — Board Meeting Notice: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2417_WebXMLFile_20261024_130600933.xml)
- 2026-10-24 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_24102026131527_Prior_Intimation_BM_051126.pdf)
- 2026-10-14 — Shareholding Disclosure: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1737769_14102026041654_WEB.xml)
- 2026-10-12 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_12102026142121_Intimation_Post_BB_PA.pdf)
- 2026-10-09 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_09102026101058_Intimation_Certificate_Reg_74_5_.pdf)
- 2026-10-09 — Official Filing: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_09102026194755_9th_October_2026.pdf)
- 2026-10-09 — Generic Announcement: Emami Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/EMAMILTD2_09102026195638_SE_Intimation_Closure_of_Buyback.pdf)

## News and market events

- 2026-11-07 — Mint: **Upcoming dividend, bonus, rights record date next week, 9-13 Nov: Dabur, RITES, CONCOR, HUL, ONGC, Emami among others** — At least 75 companies, including Dabur India, HUL, ONGC, and RITES, have fixed record dates for dividend, bonus, or rights issues between November 9 and 13, 2026. Dharti Proteins is the sole entity among these firms with a bonus issue record date on November 13, following its board's approval of a 1:1 ratio. Investors must hold shares before the respective record dates to qualify for these corporate actions. — [Source](https://www.livemint.com/market/stock-market-news/upcoming-dividend-bonus-rights-record-date-next-week-9-13-nov-dabur-rites-concor-hul-ongc-emami-among-others-11794037826095.html)
- 2026-11-06 — Economic Times: **Trusted names, new game: India's FMCG giants reload old guns for changing tastes** — India's major FMCG companies, including Hindustan Unilever, Emami, Marico, and ITC, are leveraging established brand trust to expand into new product categories such as protein nutrition, baby care, specialized hair care, and health-focused snacks. This strategy aims to capitalize on shifting consumer preferences and existing distribution networks, with firms reporting strong early traction and robust quarterly financial performance across these diversified segments. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fmcg/indias-fmcg-cos-like-hul-itc-emami-marico-embrace-consumer-trust-to-innovate-new-products-like-protein-powder-parachute-advansed/articleshow/135597619.cms)
- 2026-11-06 — MONEYCONTROL: **Emami Q2FY27: Growth engines are revving up, but margins need to catch up** — The article title indicates that Emami's growth engines are accelerating during the second quarter of fiscal year 2027, but its profit margins require improvement to keep pace with this expansion. — [Source](https://www.moneycontrol.com/news/business/moneycontrol-research/emami-q2fy27-growth-engines-are-revving-up-but-margins-need-to-catch-up-14072129.html)
- 2026-11-05 — Economic Times: **Emami bets on winter demand as inflation keeps a lid on growth** — Emami Ltd reported a 36% year-on-year increase in consolidated revenue to Rs 1,088 crore for the second quarter, driven by strong domestic volume growth and positive trends in its winter portfolio. Despite these gains, net profit declined by 3% due to the normalization of the effective tax rate following the phase-out of fiscal incentives. The company attributes current challenges to persistent inflationary pressures and geopolitical tensions, implementing price hikes to offset rising input costs while maintaining focus on cost-efficiency. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fmcg/emami-bets-on-winter-demand-as-inflation-keeps-a-lid-on-growth/articleshow/135585467.cms)
- 2026-11-05 — Mint: **Emami weighs more acquisitions as digital-first brands zoom | Company Business News** — Emami Ltd is pursuing further acquisitions of premium digital-first consumer brands after its strategic investments, including SkinKraft and Vedix, grew to account for over a quarter of its India sales in the September quarter. This move aligns Emami with rivals Marico Ltd and Hindustan Unilever Ltd, which are also expanding their portfolios of fast-growing online-first brands to drive future growth. While consolidated revenue rose 36% year-on-year, profit after tax fell by 2% due to higher input costs linked to the ongoing conflict in West Asia. — [Source](https://www.livemint.com/companies/emami-weighs-more-acquisitions-as-digital-first-brands-zoom-11793877744647.html)
- 2026-11-05 — BUSINESSTODAY: **Emami shares rise 3% after Q2 results; board declares Rs 5 interim dividend** — Emami Ltd shares rose 3% after the FMCG company reported a 36% year-on-year increase in consolidated revenue for Q2 FY27, despite a marginal 2% decline in consolidated profit after tax. The board also declared an interim dividend of Rs 5 per share, equivalent to a 500% payout, with a record date set for November 13, 2026. — [Source](https://www.businesstoday.in/markets/stocks/story/emami-shares-rise-3-after-q2-results-board-declares-rs-5-interim-dividend-565944-2026-11-05)
- 2026-11-01 — Mint: **Emami vs Dabur FMCG shares Q2 results preview: Profit, revenue expectations; Dividend announcements in focus** — Emami Limited is scheduled to announce its Q2FY27 results and potential interim dividend on November 5, while Dabur India will report its Q2 results and potential dividend on November 4. Analysts from HDFC Securities have forecasted revenue growth of 20% for Emami and 11% for Dabur, alongside adjusted PAT growth of 4% and 9% respectively. — [Source](https://www.livemint.com/market/stock-market-news/emami-vs-dabur-fmcg-shares-q2-results-preview-profit-revenue-expectations-dividend-announcements-in-focus-11793546880029.html)
- 2026-09-29 — BUSINESSTODAY: **ITC, Swiggy, Eternal, HUL, Dabur, Marico shares: BNP Paribas sees up to 47% upside; target prices** — ITC share, ITC share price, Swiggy share price, Eternal share price, Dabur share price, Swiggy shares, Eternal shares — [Source](https://www.businesstoday.in/markets/stocks/story/itc-swiggy-eternal-hul-dabur-marico-shares-bnp-paribas-sees-up-to-47-upside-target-prices-558533-2026-09-29)
- 2026-09-28 — Economic Times: **Rs 4 lakh crore loss! Why India's storied consumer stocks are languishing near the bottom in 2026** — In India, major consumer stocks have suffered a staggering drop, with market values plummeting by nearly Rs 4 lakh crore. Even with an uptick in demand, FMCG firms like ITC and Hindustan Unilever are facing profound losses in market cap this year. Rising input costs, despite signs of consumption recovery, are tightening margins. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/rs-4-lakh-crore-loss-why-indias-storied-consumer-stocks-are-languishing-near-the-bottom-in-2026/articleshow/134531609.cms)
- 2026-09-23 — BUSINESS: **HUL, Dabur India trade near Covid lows: Reasons, strategy decoded** — Analysts flag that over the years the market closed the valuation gap built for double-digit growth in these FMCG stocks, as earnings remained muted owing to tepid volume growth and high inflation. — [Source](https://www.business-standard.com/markets/news/hul-dabur-india-trade-near-covid-lows-reasons-strategy-decoded-126092300677_1.html)
- 2026-09-23 — BUSINESS: **Emami Ltd up for third straight session** — Emami Ltd is quoting at Rs 403.15, up 3.37% on the day as on 12:49 IST on the NSE. The stock is down 30.21% in last one year as compared to a 6.43% slide in NIFTY and a 16.57% slide in the Nifty FMCG index. — [Source](https://www.business-standard.com/markets/capital-market-news/emami-ltd-up-for-third-straight-session-126092300619_1.html)
- 2026-09-23 — BUSINESS: **Nifty above 23,400 level; FMCG shares advance** — At 11:30 IST, the barometer index, the S&P BSE Sensex, jumped 328.91 points or 0.44% to 74,857.99. The Nifty 50 index rose 104.55 points or 0.40% to 23,432.05. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-above-23-400-level-fmcg-shares-advance-126092300381_1.html)
- 2026-09-21 — Mint: **Emami share price jumps 4% ahead of buyback: What should investors do? Check stop loss, target** — Emami's buyback plan targets  ₹475 per share, with a maximum buyback size of  ₹282 crore. Existing shareholding may shift, increasing promoter ownership to 55.6%. Analysts suggest accumulating shares in the  ₹360-380 range, while key support stands at  ₹340. — [Source](https://www.livemint.com/market/stock-market-news/emami-share-price-jumps-4-ahead-of-buyback-what-should-investors-do-check-stop-loss-target-11789983617370.html)
- 2026-09-17 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Friday** — Indian equities ended mixed on Thursday as Sensex slipped 22 points after sharp volatility during the closing auction session, while Nifty gained 53 points. Mid- and small-caps outperformed, with capital goods, industrial, defence, power and healthcare stocks attracting buying interest. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-friday/articleshow/134316208.cms)
- 2026-09-17 — The Hindu: **Emami approves ₹282-crore share buyback at maximum price of ₹475** — The FMCG maker will use the open-market route for the proposed repurchase, its first such buyback since 2023. — [Source](https://www.thehindubusinessline.com/markets/emami-approves-282-crore-share-buyback-at-maximum-price-of-475/article71477316.ece)
- 2026-09-17 — Economic Times: **Emami announces share buyback worth Rs 282 crore at 29% premium. Here's what you need to know** — Emami announced a Rs 282 crore share buyback at Rs 475 per share, offering a premium to the previous close. The FMCG company will repurchase up to 59.36 lakh shares through the open market, marking its first buyback since 2023. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/emami-announces-share-buyback-worth-rs-282-crore-at-29-premium-heres-what-you-need-to-know/articleshow/134309969.cms)
- 2026-09-17 — BUSINESS: **Nifty closes above 23,250 as selective buying offsets rate hike concerns** — The key equity benchmarks inched higher on Thursday, as investors assessed the US Federal Reserve's latest policy decision and its implications for global liquidity. The Fed raised its benchmark interest rate by 25 basis points to 3.75%-4%, its first hike since 2023. The central bank's projections also kept the possibility of another rate increase this year on the table, with the latest projections showing a range of views among policymakers. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-closes-above-23-250-as-selective-buying-offsets-rate-hike-concerns-126091700944_1.html)
- 2026-09-17 — BUSINESS: **Nifty settles above 23,250 mark;  broader mrkt outperforms** — The Feds indication of another rate hike in 2026 kept investors cautious, particularly across rate-sensitive and foreign-portfolio-investment-driven segments. However, selective buying in domestic sectors helped the Nifty settled above the 23,250 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-settles-above-23-250-mark-broader-mrkt-outperforms-126091700802_1.html)
- 2026-09-17 — BUSINESS: **Sensex, Nifty come off the day's high; European shares tread cautiously** — The benchmark indices came off the day's high in afternoon trade as investors assessed the US Feds latest policy decision and its impact on global liquidity. The Nifty traded below the 23,300 level amid cautious sentiment over the stronger dollar and further rate-hike signals. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-come-off-the-day-s-high-european-shares-tread-cautiously-126091700548_1.html)
- 2026-09-17 — BUSINESS: **Emami rallies after board approves share buyback at Rs 475 per share** — Emami rallied 4.14% to Rs 384.75 after the company's board approved a share buyback through the open market at a maximum price of Rs 475 per equity share, aggregating up to Rs 282 crore. — [Source](https://www.business-standard.com/markets/capital-market-news/emami-rallies-after-board-approves-share-buyback-at-rs-475-per-share-126091700512_1.html)
- 2026-09-17 — CNBC-TV18: **Buyback Alert: FMCG major approves share repurchase plan, but there's a difference** — In case the buyback is fully completed, promoter shareholding in Emami will rise to 55.6% from 54.84%, while public shareholding will decline to 44.4% from 45.16%. The shareholding pattern would vary depending on the quantum of the buyback completed. — [Source](https://www.cnbctv18.com/market/emami-share-price-fmcg-major-approves-open-market-buyback-quantum-price-premium-timeline-19992646.htm)
- 2026-09-17 — BUSINESSTODAY: **Emami shares rise 5% after board approves Rs 282 crore buyback** — Emami shares, Emami buyback, Emami share price, Emami buyback price, Rs 282 crore buyback, Emami board, Emami stock, Emami share buyback, Emami news, Emami Ltd, shares news, shares news today — [Source](https://www.businesstoday.in/markets/stocks/story/emami-shares-rise-5-after-board-approves-rs-282-crore-buyback-556085-2026-09-17)
- 2026-09-16 — BUSINESS: **Nifty FMCG up 2% as festive season puts consumer stocks in spotlight** — In the Nifty FMCG basket 13 stocks advanced while only 2 declined. Intraday, the FMCG index was up 1.82 per cent to 45,645.20. — [Source](https://www.business-standard.com/markets/news/nifty-fmcg-up-2-as-festive-season-puts-consumer-stocks-in-spotlight-126091600391_1.html)
- 2026-09-14 — The Hindu: **Emami is considering a buyback of shares, calls a board meeting on Sep 17** — Emami plans a board meeting on September 17 to discuss a potential buyback of its fully paid-up equity shares. — [Source](https://www.thehindubusinessline.com/companies/emami-is-considering-a-buyback-of-shares-calls-a-board-meeting-on-sep-17/article71466060.ece)
- 2026-09-14 — MONEYCONTROL: **Emami to consider share buyback; board meeting set for 17 September** — Emami Share Buyback, Emami buyback, Emami shares, FMCG, Share buyback, Emami FY26 revenue — [Source](https://www.moneycontrol.com/news/business/companies/emami-to-consider-share-buyback-board-meeting-set-for-17-september-14029588.html)

## Business profile

**Strategic vision:** FMCG company specializing in personal care and healthcare products.

### Business segments
- **Personal Care and Healthcare:** This segment encompasses a diverse array of brands focused on personal care and healthcare, many of which are based on Ayurvedic formulations. The company offers products ranging from antiseptic creams and cooling oils to hair care and men's grooming items.

### Competitive strengths
- Portfolio of established and acquired brands in personal care and healthcare.
- Extensive distribution network reaching millions of retail outlets.
- International market presence across multiple regions.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/emamiltd
Markdown representation: https://faxioms.com/stocks/emamiltd?render=md