01-01-1970 12:00 AM | Source: Angel Broking Ltd
Emami Ltd - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
Below are Views On Emami -4QFY21 Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, Emami Ltd (EL) reported revenue of ~Rs731cr (up ~37% YoY) due to healthy growth across the product portfolio. During the quarter, Domestic Business Net Sales grew by 44% & International Business Net Sales grew by 28%. On the EBITDA front, the company has reported Rs163cr and EBITDA margin at 22.3% (up by 378bps yoy). EBITDA margin has increased due to stringent cost control measures. On the bottom-line front, PAT grew by ~286% to Rs88cr. During the quarter, the company launched Zandu Chyawanprash with Jaggery (Gur). Also launched Kesh King Ayurvedic Onion Range and Navratna Gold Ayurvedic Cool Oil in the e-commerce channel. Overall results are above expectation and we are positive on stock.
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