Emami’s Board of Directors approve the unaudited financial results for the third quarter and nine months ended FY26. The company has recorded broad-based growth during the quarter, supported by recovery from early GST 2.0-related disruptions, seasonal demand across winter products and health supplements, resilient rural consumption, and gradual improvement in urban demand.
On a consolidated basis, the company has reported net sales growth of 11%, with revenues reaching Rs 1,152 crore, reflecting year-on-year growth of 10% during the quarter. The domestic business has delivered growth of 11%, driven by volume growth of 9%, while major brands have maintained steady performance.
The company has continued to expand its portfolio through new product launches aligned with evolving consumer demand. It has introduced Kesh King Gold Advanced Hair Growth Serum and BoroPlus Deeply Moisturising Lip Balm. Under the Zanducare range, it has launched Zandu Apple Cider Vinegar Effervescent Tablets and Zandu Good Gut Constipation Relief Tablets. It has also added new variants across BoroPlus Lotions and BoroPlus Soft. The Man Company has expanded its premium male grooming portfolio with new skincare and fragrance offerings, while Brillare’s Rosemary Oil Shots have gained traction in the market.
The company’s omnichannel strategy has delivered growth across general trade, modern trade, and e-commerce channels. Organized channels have contributed around 32% of year-to-date revenues, reflecting an increase of 280 basis points compared to the previous year. International business has recorded sales growth of 9%, led by steady performance in SAARC and CIS markets, along with new product extensions across key brands.
Financially, the company has expanded gross margins to 70.6%, reflecting cost control and stable input costs. Consolidated advertisement and sales promotion spends for the quarter reached Rs 191.11 crore, representing an 8.8% increase compared to Rs 175.73 crore in the corresponding quarter of the previous year. EBITDA has reached Rs 384 crore, growing 13%, with EBITDA margins improving to 33.4%. Profit before tax before exceptionals has grown by 18%, while profit after tax has reached Rs 319 crore, registering growth of 15%.
The Board has also declared a second interim dividend of Rs 6 per share for FY26. The total dividend declared for the nine months ended FY26 has reached Rs 10 per share.
“Q3FY26 delivered strong, broad-based performance, with sales growth of 11% driven by healthy volume expansion of 9%. Our strategic priorities around purposeful innovation, premiumization, and portfolio expansion continue to translate into tangible outcomes. EBITDA grew by 13%, with margins expanding 110 basis points to 33.4%, reflecting operational excellence and disciplined cost management. We remain focused on strengthening our core brands while selectively investing in new-age growth opportunities to build future scale.”- Harsha V Agarwal, Vice Chairman and Managing Director, Emami.
“Despite short-term disruptions related to the GST 2.0 transition early in the quarter, our business delivered robust sales growth, reflecting the resilience of our brands and operating model. Growth was broad-based across all distribution channels, with quick commerce continuing to scale rapidly, doubling sales and now contributing 20% of our e-commerce business. The expansion of organized channels has strengthened our domestic revenue mix, with organized trade accounting for nearly 32% of domestic sales, up 280 bps in 9MFY26. Our international business grew 9% despite mixed global conditions. We remain focused on disciplined execution, capital efficiency, and delivering sustainable, profitable growth for our shareholders and stakeholders.”- Mohan Goenka, Vice Chairman and Whole-Time Director, Emami.
