Slide 1: Cover letter to NSE and BSE
7th November, 2024 The Manager - Listing The Manager - Listing The National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot No. C/1, G. Block Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400 051 Mumbai – 400 001 Scrip Code: EMAMILTD Scrip Code: 53116
Slide 2: Emami Delivers Sustained Profitable Growth in Q2 FY25
EMAMI DELIVERS SUSTAINED PROFITABLE GROWTH IN Q2 FY25 Q2FY25 HIGHLIGHTS Revenue from Operations at ₹ 891 crore grew by 3% o Domestic Business grew by 2.6% o International Business grew by 6%; 12% growth excl. Bangladesh Gross Margins at 70.7% improved by 60 bps EBIDTA at ₹ 250 crore grew by 7%
Slide 3: Press release: management commentary and About Emami
healthcare segment, new additions to the Zanducare portal included Zandu Daily Health Super Greens, Zandu Dirghayuprash, and Zandu Hair Growth Serum. Additionally, the company relaunched its light moisturizing cream, BoroPlus Soft, with a new look. The company’s International Business demonstrated r
Slide 4: About Emami (press release continued)
and forayed into the Ayurvedic hair & scalp care segment. Emami, following the acquisition of Creme 21, a German brand with strong roots and brand recall in 2019, went on to acquire ‘Dermicool’, one of the leading Prickly Heat and Cool Talc brands of India in 2022. Emami products are available in ov
Slide 5: Q2 & H1FY25 Performance Update
Q2 & H1FY25 Performance Update 7th November 2024
Slide 6: Q2FY25 Performance Snapshot
Q2Y25 Performance Snapshot Int’l Margins Domestic Domestic Int’l Net Sales Net Sales Net Sales Net Sales (CC) Gross Margins (value) (volume) (INR) +2.6% +6% +60 bps +1.7% +6% A&P Spends -150 bps Consol. Material A&P Revenues Costs Spends EBIDTA Margins +3% +1% -6% +110 bps PBT Margins Profit Profit
Slide 7: H1FY25 Performance Snapshot
H1Y25 Performance Snapshot Domestic Margins Domestic Int’l Int’l Net Sales Net Sales Net Sales Net Sales (value) Gross Margins (volume) (INR) (CC) +6.3% +5.5% +8% +9% +140 bps A&P Spends +20 bps Consol. Material A&P Revenues Costs Spends EBIDTA Margins +6% +2% +8% +90 bps PBT Margins Profit Profit +
Slide 8: Domestic Brand wise Performance: Navratna & Dermicool
Domestic Brand wise Performance Navratna & Dermicool Range Q2FY25 Growth +10% H1FY25 Growth +22% ▹ Volume Market Share of Cool Oils increased by 30 bps to 68.0% in MAT Sep’24 ▹ Household penetration for Cool Oils increased by 40 bps to 10.2% in MAT Sep’24 ▹ Campaign launched with Kapil Sharma & Team
Slide 9: Domestic Brand wise Performance: Healthcare and BoroPlus
Domestic Brand wise Performance Healthcare Range BoroPlus Range Q2FY25 Q2FY25 Growth Growth +11% +2% H1FY25 H1FY25 Growth Growth +11% +3% ▹ Double digit growth in Nityam, Generic range, ▹ BoroPlus Soft relaunched in Sep’24 in Vigorex, Zandu Cough Syrup, Zandu Health Juices a fresh, new look and Zand
Slide 10: Domestic Brand wise Performance: Pain Management and Male Grooming
Domestic Brand wise Performance Pain Management Range Male Grooming Range Q2FY25 Q2FY25 Growth Growth +5% -13% H1FY25 H1FY25 Growth Growth Flat -9% ▹ Strong growth in Zandu Ortho Vedic Oil and Zandu Fast ▹ Penetration levels increased by 10 bps to 2.0% in MAT Relief Spray gaining traction in new age
Slide 11: Domestic Brand wise Performance: Kesh King and Oils in One
Domestic Brand wise Performance Kesh King Range 7 Oils in One Q2FY25 Q2FY25 Growth Growth -9% -3% H1FY25 H1FY25 Growth Growth -12% +3% ▹ Volume Market Share increased by 30 bps to 29.5% in Q2FY25 ▹ Visibility Drives & participation in religious and by 10 bps to 29.4% in H1FY25 gatherings to connect
Slide 12: Strategic Subsidiaries
Strategic Subsidiaries ▹ Increased stake in Helios Lifestyle (The Man Company) from 50.4% to 98.3% ▹ Growth of 4% in H1FY25; Decline of 9% in Q2FY25 on account of transition and change of management at Helios Lifestyle 8
Slide 13: New Launches – Q2FY25
New Launches – Q2FY25 DermiCool Sweat DermiCool HE De-Tan & HE Style HE Fresh HE Odour HE Absolute HE Pleasures Reliever Super Ice Cool Deep Cleansing lock Impact Control EDT Perfume EDT Perfume Active Talc Shower Gel Face Wash Shampoo Body Wash Shower Gel Digital first Relaunch of launches on BoroP
Slide 14: Deepening Consumer Connect: ATL
Deepening Consumer Connect: ATL ‘Raavan -Udhan Khatola” campaign for TVC for Zandu Ayurvedic Cough Syrup Mentho Plus Balm Navratna Oil campaign Digital Campaigns, Social Media & Influencer Marketing for T20 World Cup on Hotstar 10
Slide 15: Deepening Consumer Connect: BTL Activations
Deepening Consumer Connect: BTL Activations Bus & Auto Hood Branding College Visibility Rural Vans Branding in Durga Puja & Ganpati festivals MT Visibility Chemist outlet branding Participation in Conferences, Marathons, fairs & festivals etc 11
Slide 16: International Business
International Business Q2FY25 H1FY25 C.C. Growth in C.C. Growth in Contribution Contribution Growth INR terms Growth INR terms to overall Sales to overall Sales +6% +6% 18% +9% +8% 17% SAARC & SEA (39% contribution) MENA (43% contribution) CIS (11% contribution) Growth of 12% in Q2 and 10% in H1 exc
Slide 17: Profitability
Profitability Q2FY25 Q2FY25 Q2FY25 Q2FY25 Q2FY25 Q2FY25 Revenues Gross Profit A&P Spends EBIDTA PBT PAT ₹ 891 cr ₹ 630 cr ₹ 146 cr ₹ 250 cr ₹ 220 cr ₹ 212 cr Revenue Gross Profit A&P Spends EBIDTA PBT PAT Growth Growth Growth Growth Growth Growth +3% +4% -6% +7% +12% +19% 13
Slide 18: Q2FY25 Financial Analysis
Q2FY25 Financial Analysis Cost of Goods Sold Staff Costs A&P Costs (as a % of Revenues) (as a % of Revenues) (as a % of Revenues) -60 bps +90 bps -150 bps 11.8% 12.7% 29.9% 17.9% 29.3% 16.4% Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Grew by 1% over PY Grew by 11% over PY Declined by 6% over PY Admin
Slide 19: H1FY25 Financial Analysis
H1FY25 Financial Analysis Cost of Goods Sold Staff Costs A&P Costs (as a % of Revenues) (as a % of Revenues) (as a % of Revenues) -140 bps +50 bps +20 bps 32.2% 12.0% 12.5% 30.8% 18.3% 18.1% H1FY24 H1FY25 H1FY24 H1FY25 H1FY24 H1FY25 Grew by 2% over PY Grew by 10% over PY Grew by 8% over PY Admin & O
Slide 20: Q2FY25 Consolidated Financials
Q2FY25 Consolidated Financials ₹ in crore Growth Particulars Q2FY25 % Q2FY24 % FY24 % over PY Net Sales 878.7 98.7% 851.4 98.4% 3.2% 3,530.3 98.7% Other Operating Income 11.9 1.3% 13.4 1.6% -11.6% 47.8 1.3% Revenue from Operations 890.6 100.0% 864.9 100.0% 3.0% 3,578.1 100.0% Materials Cost 261.0 29
Slide 21: H1FY25 Consolidated Financials
H1FY25 Consolidated Financials ₹ in crore Growth Particulars H1FY25 % H1FY24 % FY24 % over PY Net Sales 1,775.2 98.8% 1,665.7 98.5% 6.6% 3,530.3 98.7% Other Operating Income 21.4 1.2% 24.8 1.5% -13.6% 47.8 1.3% Revenue from Operations 1,796.7 100.0% 1,690.5 100.0% 6.3% 3,578.1 100.0% Materials Cost
Slide 22: Summarized Balance Sheet
Summarized Balance Sheet ₹ in crore As at As at As at As at As at As at Sl. Equity & Liabilities 30.09.2024 31.03.2024 30.09.2023 Sl. Assets 30.09.2024 31.03.2024 30.09.2023 Unaudited Audited Unaudited Unaudited Audited Unaudited EQUITY Non -Current Assets (a) Equity Share capital 43.7 43.7 43.7 (a)
Slide 23: Awards, Accolades & Recognitions
Awards, Accolades & Recognitions BoroPlus recognized as one of the Amingaon unit received the At the Safety Conclave 2024 by the Mr. N.H. Bhansali, honoured Iconic Brands of India by the ET PCWR Excellence Award at the Quality Circle Forum of India- as one of the India’s Now Iconic Brands of India G
Slide 24: Thank you
Thank you 20