Emami Ltd Declares 400% Dividend As Net Profit Rises 7%; Shares Rally by 3%

On January 27th, Emami Ltd, a leading homegrown FMCG giant, announced its Q3 financial results, showcasing a 7% rise in net profit. This announcement led to a positive market response, with the company's shares surging 3.5% during the day.

Emami Dividend Details

In an official exchange filing, Emami Ltd revealed, "We wish to inform you that the Board of Directors of the company, in its meeting held today, has declared payment of a 2nd Interim Dividend of Rs. 4/- per equity share of Re. 1/- each fully paid-up, i.e., 400% on 43,65,00,000 equity shares of the company for the Financial Year 2024-25. The record date for ascertaining the names of the members entitled to receive the Interim Dividend is Tuesday, 4th February 2025."

Emami Shares Performance

Following the announcement of robust Q3 results, Emami's shares experienced a notable rally. At the close of the trading session, the stock was priced at Rs. 554.00, reflecting a gain of Rs. 18.95 (3.54%) for the day. While the 30-day moving average of the stock has seen a decline of 30.62%, Emami's shares over the past year, the stock has gained approximately 10.89%, showing a steady upward growth.

Emami Q3 Financial Results Highlights

Emami Ltd reported a 7.03% year-on-year increase in profit after tax (PAT), which stood at Rs. 278.98 crore for the quarter ended December 2024. This growth was driven by healthy volume increases in the company's core business segments. For comparison, the company had posted a PAT of Rs. 260.65 crore in the same quarter last year.
Revenue from operations also saw an upward trend, growing by 5.33% to Rs. 1,049.48 crore during the quarter, as compared to Rs. 996.32 crore in the corresponding period of the previous year. The operating income showed a robust performance, up by 42.4% quarter-on-quarter and an increase of 11.37% year-over-year. Earnings per share (EPS) for the quarter was reported at ₹6.39, marking a 5.62% increase compared to the previous year. These results underscore Emami's ability to sustain growth amid challenging market conditions.

About Emami

Emami Ltd is a renowned homegrown brand operating in the retail and FMCG sectors. Founded in 1974 by R.S. Agarwal and R.S. Goenka, the company has grown to become one of India's leading consumer goods manufacturers. Emami is headquartered in Kolkata and has a strong presence both in India and internationally, with its products being exported to over 60 countries. The company is known for manufacturing a wide range of popular consumer products, including Boroplus, Navratna Oil, Zandu Balm, Kesh King.