Emami delivers disappointing Q4FY18 numbers

Emami reported its results for the quarter ended March 31, 2018.

The company’s consolidated revenue for the quarter came in at Rs. 616.98 crore, registering 7.1 per cent yoy increase.

EBITDA for the quarter fell by 2.7 per cent yoy to Rs. 173.25 crore with a corresponding margin contraction of 285 bps. EBITDA margin for the quarter stood at 28.1 per cent. The PAT for the quarter came in at Rs. 60.86 crore, yoy decline of 26.9 per cent.

Looking at the full year numbers, we see that revenue jumped by 1 per cent to reach Rs. 2,540.83 crore while EBITDA fell by 5 per cent to Rs. 719.44 crore. The company reported net profit of Rs. 307.51 crore, down 10 per cent yoy.

The Board of Directors recommended a dividend of Rs. 7 per share of the face value of Rs. 1 each. Also, the Board has recommended issue of bonus shares in the ratio of 1:1.

On Thursday, the stock opened at Rs. 1,101 per share and touched an intra-day high and low of Rs. 1,114.20 and Rs 1066.05 per share, respectively and finally closed at Rs. 1,085.50 on the BSE.