Operationally in line; volume improvement continues

Company
02 Aug 2024
5 Min read 
  • Emami's financials and valuations show a positive trend.
  •  The company reported strong domestic sales growth in 1QFY25.
  •  The GM trajectory remained strong with a 230bp YoY expansion.
  •  The company is optimistic about future growth and expects rural market recovery.
  •  Emami is expected to sustain revenue growth acceleration in FY25.
  •  The company is trading at 35x and 31x on FY25E and FY26E EPS.
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